Simple Combined Breakout System for EUR/USD and GBP/USD with great results

	Simple Combined Breakout System for EUR/USD and GBP/USD Determine the 06.00 CET – 10.00 CET High Low on EUR/USD and GBP/USD Determine the 10.00 CET – 14.00 CET High Low on EUR/USD and GBP/USD Set BuyStop at High + 5 pips and SellStop at Low - 5 pips for both timeframes and both currencies Set Target Price at entry + 80 pips for EUR/USD and entry + 120 pips for GBP/USD Set StopLoss at entry - 50 pips for EUR/USD and entry - 70 pips for GBP/USD. If the other side of the breakout is within 50 pips for EUR/USD or within 70 pips for GBP/USD then the StopLoss will be that level (Longtrade: SL = Low range - 5 pips = SellStop; Shorttrade: SL = High range + 5 pips = BuyStop) Move the SL to breakeven after a gain of 30 pips for EUR/USD and a gain of 40 pips for GBP/USD If a certain position is taken and price turns agains you and it breaks the other side of the breakout channel then turn. If the breakout channel is broader then the stoploss first the stoploss will be hit. If the breakout channel is narower then the stoploss then hitting the other side means that you have to turn your position. There is only 1 turn per time frame possible At 24.00 CET all orders expiring and close all trades at market. On Friday we do the same at 23.00 CET. This link displays the time in every major city in the world: www.qlock.com. I am using CET time (Amsterdam, Frankfurt). Results October 2005: 10/03 : -22 pips 10/04: -61 pips 10/05: -103 pips 10/06: +168 pips 10/07: +156 pips 10/10: +135 pips 10/11: +61 pips 10/12: +108 pips 10/13: +97 pips 10/14: +274 pips 10/17: +178 pips Total: +991 pips The results this month are extreme. In general the system gives you an average return of 600 pips a month from March 2005. On monthly basis the results are: March: +721 pips April: +940 pips May: +296 pips June: +857 pips July: +1352 pips August: + 35 pips September: -20 pips All calculations are done by hand, so it is possible that there is a small deviation. It is only to show the power of such a simple system. Maybe someone can program this for Metatrader 4. See post #1502 for a summary of the first 1500 posts.

	原帖由 grunge 于 2006-1-15 17:54 发表 Simple Combined Breakout System for EUR/USD and GBP/USD Determine the 06.00 CET – 10.00 CET High Low on EUR/USD and GBP/USD Determine the 10.00 CET – 14.00 CET High Low on EUR/USD and GBP/USD ... 谢谢，顶一下。

	原帖由 grunge 于 2006-1-15 17:54 发表 Simple Combined Breakout System for EUR/USD and GBP/USD Determine the 06.00 CET – 10.00 CET High Low on EUR/USD and GBP/USD Determine the 10.00 CET – 14.00 CET High Low on EUR/USD and GBP/USD ... 谢谢你的转贴！ 虽然早已看过并打印有资料！

	那你做得怎么样啊？

	what means?I do not know！

	i don't get either. at least, what the x is "pip"?