Sunday Breakout Strategy

Icemaan · February 8, 2010, 4:26pm

GBPUSD both Trades stopped out

EURJPY long triggered Trade in process

Icemaan

Synergistik · February 8, 2010, 4:54pm

Ditto with me on the GBPUSD…

Icemaan · February 9, 2010, 12:26pm

EURJPY Take Profit reached

Total this Week +1,2 R

Icemaan

roundrock · February 9, 2010, 9:37pm

same thing here…

niceguychisom · February 13, 2010, 5:23am

Hey Phil, good to see your strategy is still working. I was gonna ask, how is that plan of yours to back test trading more than twice a week if the first two orders were cancelled out due knee jerks in the market

roundrock · February 13, 2010, 5:46am

how about other pairs ? did any body test ?

Icemaan · February 14, 2010, 7:05pm

Here my Setup for this Week
Icemaan

5ive5 · February 14, 2010, 7:33pm

my trade this week. was at loss for the last 2 weeks. hope i’m lucky at this third time

GBP/USD
Buy 1.5696
SL 1.5640
TP1 1.5864

Sell 1.5630
SL 1.5686
TP 1.5462

Stop Loss 56 pips
Tarpet Profit 168 pips
Reward to Risk 3.0

roundrock · February 14, 2010, 8:45pm

what about GBPUSD ?

roundrock · February 14, 2010, 9:36pm

hi iceman, your excel looks very good. can you post it here ?

Icemaan · February 15, 2010, 1:26am

EURJPY Short triggered

Icemaan

Here is the Excel Sheet

mizaindo · February 15, 2010, 4:17am

My first time here and decided to try this trading system.

Went in GBP on both wasys, and stopped out both times

Now on short with EURJPY, currenly at -25 pips.

5ive5 · February 15, 2010, 4:19am

it’s GBPUSD… typo…

my short was triggered and got stopped

Icemaan · February 15, 2010, 6:02am

Hello

GBPUSD Short stopped out

EURJPY Short Trade in progess
Icemaan

roundrock · February 15, 2010, 6:58am

G/U Short stopped out. long is in trade

E/J Long stopped out. short is in trade

seans · February 15, 2010, 7:10am

Thanks for the spreadsheet Icemaan. It’s useful as a cross-check for me.

My only concern is that our numbers are a bit different on GBPUSD. Mine are:
Top of bar 1.5664
Bottom of bar 1.5643
ATR 337.

Different brokers i guess. I’m using IBFX

roundrock · February 15, 2010, 7:57am

i dont think those values are for this week. we need to take that excel for the format.

one thing i have noticed is there is a buffer of 10 pips for G/U , as per original post there is no such buffer. but i liked the idea, we are seeing too many whips lately. this will reduce it to certain extent

Icemaan · February 15, 2010, 8:39am

Hi

1.The Values are not from this Week
2.The Spreadsheet was found here in the Thread
3. The 10 Pip buffer are original Rules

Find the Sunday candle:

On a 4H chart find the high and low of the Sunday candle. If you’re backtesting and using MetaTrader turn on the Period Seperator to make finding it easier. Draw a line 10 pips above the high and 10 pips below the low

I use the high and low from my Broker which is Oanda.Oanda have true 4x Hour candle in the 1Hour chart from 20:00 until 00:00 Gmt

Icemaan

Icemaan · February 16, 2010, 6:35am

EURJPY Short stopped out

EURJPY Long Trade in Process
GBPUSD Long Trade in Process

Icemaan

Icemaan · February 16, 2010, 12:07pm

GBPUSD both Stopped out
EURJPY Short Stopped out
EURJPY Long Breakeven now

Icemaan