If somebody use broker with fixed (not local) time (eg IBFX - GMT) should remeber that in winter there is different time (in GMT) when London open (8 am GMT ) than in the summer (9 am GMT) - in London of course is always the same 8 am.
Regards,
lets develop a system which is very very simple but effective. 7 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
mt4 coder needed for a very very simple system 2 replies
very simple breakout 0 replies
DislikedHey Jilly
How far outside of the breakout range would you consider a safe entry to be? Is it as soon as the candle touches through or a full 5 minute candle.
Hope the testing is going well, nice theory.Ignored
Dislikedwth is the logic behind this speicifc yesterday's 17:00 to 08:00 of next day? imo, there are better breakout zones ...Ignored
Dislikedi was demo trading this breakout method from last 3 months well its been very sucessful.
BKIgnored
DislikedThat's probably why no one has replied to this posting in the last few months. If the post looks dead, assume that the system is tooIgnored
Dislikedhi JillyB,
Do you have some Statment of your trades?or some statistics that you make?
Best Regards,
Marcelo MarquesIgnored