- | Joined Jan 2008 | Status: Member | 632 Posts
D labour of a fool wearieth him cos he doesn't know how to enta d city
Another simple breakout system 32 replies
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My Asian Breakout trading Journal 54 replies
Nomoretoxic's Money Management 34 replies
Playing the Breakout Trade 4 replies
DislikedHi
I thought I would post this chart showing a successful GU trade from this morning. My entry is indicated by the up arrow. I used a 30SL and 20TP- I found the SL indictaed by the breakout candle to be just too large and 30/20 are R/R Ive used for a little while now.
The pullback was only formed by one candle but I felt it met with the rules?
Have a good day
MarkIgnored
Dislikedno, US banks were closed, if you wanna gamble head to vegas, i hear flights are pretty cheap right now.Ignored
DislikedThe banks had nothing to do with the market today.
Banks were close to the public, yet swaps were active.
Cheers.Ignored
Dislikedyou didn't notice the volitility on EURUSD and GBPUSD today?
lower than usual.. why? holiday.
"cheers"...
if you wanna force a trade and trade everyday be my guest. but remember, patience is rewarded. don't be greedy. you are the creator of this system, i thot u would know best. are you telling me u trade this system every single day possible even if the conditions are not ideal?Ignored
DislikedI've 2 trades open:
EURUSD sell @ 1.3706
SL: 1.3736
TP: 1.3676
TS 15pips
GBPUSD sell @ 1.7520
SL: 1.7550
TP: 1.7490
TS 15 pipsIgnored
DislikedWhat timeframes are you using?
I'm using the following:
Asian Session: 18:00 - 20:05 EST
London Session: 01:00 - 03:05 EST
NY Session 07:00 - 09:05 ESTIgnored
DislikedHallo RRothschild,
I'm using
Asian 18:00 - 20:59 EST
London 01:00 - 02:59 EST
New York 07:00 - 08:59 EST
Both trades have hit the stoploss.Ignored