DislikedI use London session. My box is from 1:30 AM EST to 3:30 AM EST.. not a hard and fast rule. You can play around with it.
NY session, I use 7:00AM EST to 9:00 AM ESTIgnored
Can I assume you meant EDT and not EST?
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DislikedI use London session. My box is from 1:30 AM EST to 3:30 AM EST.. not a hard and fast rule. You can play around with it.
NY session, I use 7:00AM EST to 9:00 AM ESTIgnored
Dislikedhi nomoretoxic!
20 pips on gbpusd! thank you!
but stopped out on eurusd. did I have my stop in the right place ?
entry at 38, stop at 58 at top of candle with arrow at 10:35 EDT.
thanks a million,
AlexandraIgnored
Dislikedhi nomoretoxic!
20 pips on gbpusd! thank you!
but stopped out on eurusd. did I have my stop in the right place ?
entry at 38, stop at 58 at top of candle with arrow at 10:35 EDT.
thanks a million,
AlexandraIgnored
DislikedHi Nomo,
Thanks for sharing your method
How many pips after a 2nd breakout do you take your position on the cable. My spread is 4 pips with IBFX, would you do 9 pips above break out (5pips + 4 pip spread) ?
thxIgnored
Dislikedhi nomoretoxic......as you can see from my post count i dont usually post a lot.....but like lurking about........but when i read your thread i was well.....shocked and stunned ......... i ALSO use more or less the same breakout method to gather up some pips on a daily basis.
I think the only difference is that you trade the U.S open and i trade the U.K open........therefore i use the asia high and low as my breakout......and use fibo levels as my targets.
have posted a pict of my charts belowIgnored
Dislikedabout taking profit, that's pretty much up to the trader.
I am happy with 20 pips a day...sometimes I make more but that's pretty much discretionary.Ignored
Dislikedsorry, I worded my question wrong. After the second breakout occurs, when do you enter ? how many pips above the first breakout do you place your position ? (also please let me know if that number of pips includes your spread)
thxIgnored
DislikedHi NMT,
Just wanted to say a big thank you for starting this new thread and sharing your trading style. I hope we all will remain focussed and keep the thread updated in a positive mannerIgnored