I guess we can look for both buy and sell here. At the end of the London session, price retested the low with a trip to OS. It is a good sign support wise.

Sedona- A system for inactive hours

couldn't agree more. black numbers are tempting, eh?

Sedona- A system for inactive hours

thanks for sharing

Sedona- A system for inactive hours

Hey Metto, I haven't look at breakout as I think when UK and Japan stock markets are closed, their currencies have no reason to move further latest highs or lows. Could you do a backtest on it and let us know. It could be a great strategy.

Sedona- A system for inactive hours

Average is much better than sum of pips, because sum of pips in this case increase the number drastically. Between you and me, this is the very how some FX solicitors report their systems (4000 pips per month or so!) But if you wish, till now this ...

Sedona- A system for inactive hours

Wednesday- update Cable: 2 positions triggered with +9 and +14 pips. an average of +12 pips. You might even B.E. and go for the other side of the box, which is very profitable.

Sedona- A system for inactive hours

GJ: 2 positions triggered and closed with +20 and +30 pips. Cancel the third position. Cable: box is between 2.0059 & 2.0003. We'd rather buy so: Long at 2.0014, 2.0009 & 2.0003 S/L: 1.9992 T/P: 2.0027 (dynamic) Two positions are already in play and ...

Sedona- A system for inactive hours

Nice job, We have to close the trade manually at 2000 EDT not 1700.

Sedona- A system for inactive hours

GJ: Box: 237.96- 236.87 (109 pips) Looking for for Sell: Short @ 237.74 (triggered), 237.85, 237.96. SL: 238.18 T/P: 237.49 (dynamic)

Sedona- A system for inactive hours

ٍElmer, This is how I got it: All three were triggered and I closed all three manually right before London session started at 2.0044 (as was in the rules). So my reading is: -13 pips, -4 pips, +5 pips. I post an average of three positions because ...

Sedona- A system for inactive hours

one of GJ positions was triggered and closed at 237.22 (EMA62 at the time), with +35 pips. I'd like to cancel other two positions. Cable still is in play

Sedona- A system for inactive hours

Cable entires: we look to sell GBP/USD as there is a nice match between the OB and the highest price of the active hours. sell at 2.0031, 2.0040 & 2.0049 S/L @ 2.0067 T/P = 2.0003 (needless to say dynamic) On some platforms the first position of ...

Sedona- A system for inactive hours

Thanks Gagiul, I will post results and appreciate if you post your results and comments.

Sedona- A system for inactive hours

Thanks. It is useful

Sedona- A system for inactive hours

GMT time for GBP/USD, your box will start at 0700 and closes at 2100. Now it is 1400 EDT (1800 GMT). Is this right? For AUD/JPY the box will between 2100 and 0900 GMT (1700 to 0500 EDT). Although I have not backtested the system on that pair. It ...

Sedona- A system for inactive hours

The system for GBP/JPY is ready to trade today. The box is between 237.98 and 235.93 ( a 205 pip wide box). Here are the "short" entries: sell at: 237.57, 237.78 and 237.98 with S/L of 238.39 and T/P: 237.17 (which is EMA62 and dynamic). The "long" ...

Sedona- A system for inactive hours

Thanks everyone for commenting and giving this system a try. I'd appreciate if you vote for this thread in the ranking system.

Sedona- A system for inactive hours

1- one of the extreme zones is enough. 2- this method is profitable according to my backtest and real experience. 3- As far as I remember the system was more than 65% winner (for cable) 4- Following the MM rules is crucial as sometimes one of the ...

Sedona- A system for inactive hours

I don't have access to B.T. results till the end of the week. I'll surely post them ASAP.

Sedona- A system for inactive hours

As GBP/JPY is ranging very close to EMA62, I'd rather not to trade it today. The case for GBP/USD is almost a no-trade because we do not see a clear OB/OS in our box, though you may notice a couple of tiny trips from the pair to the OS, but I'd ...

Sedona- A system for inactive hours