Box Breakout indicator 195 replies
Breakout EA based on New York Box 3 replies
4H Weekly Box Breakout [TD] 4 replies
EURUSD Box Breakout 6 replies
Breakout Box 5 replies
DislikedWe won't really know where GBPJPY will be several days more.. But i have several area i watch carefully, S/R line at 160.43 and 162.48 and also 165.37. We all can't know for sure whether the pair will break those levels or not, we just watch those levels and watch price action there. For GBPJY, i think it still have good chance to hit at least 3x based on the S/R line. But we all dont know what the market will do.
For EURJPY, it has hitted my TP at 2x for +155 pips profit. Minus 81 pips loss yesterday, it will add +74 pips for EURJPY this week....Ignored
DislikedPatience is key
I've tested this pair (EUR/JPY) and 3x is the best target.Ignored
DislikedPatience is key
I've tested this pair (EUR/JPY) and 3x is the best target.Ignored
DislikedIf you're going to trade a system based on the first post, then you will fail. Also to that trader, im not here to feed you with a golden spoon, im not your mother. I placed those TP levels in the first post to see whether people will test a few different methods using those, maybe changing up the SL levels or some sort of proven, backtested method. Alright sorry guys, that was just eating me inside. Back to the main points.Ignored
DislikedWait huh? I thought the first page of this whole thread is the the original "awesome" system lol??? no?? We will fail if we use it?
Or did you mean this is what the other mean trader said about your system?Ignored
DislikedAce or anyone,
I know I don't like asking questions that have been asked already. I have searched the thread and I seem not to find the thread that has the settings for the fib levels that Ace uses. Could anyone please point me to the right thread? I know I have seen it somewhere on here. I can't just seem to locate it now. I just need to see how Ace sets up his fib levels that I displayed on his charts.
I appreciate it. Hope tonight is the night that the G/J finally gets above 160.00 and stays up there. Volume is going to shrink after tomorrow...Ignored
DislikedThought I'd write a little piece on Risk, drawdowns, and profit expectations.
....Ignored
Dislikedhate giving back profit. stopped out at BE. Need to do exhaustive back test to see how many times profit given back. Next week I will take 2 positions, close one at 100 pips, let other go to 4x.Ignored
DislikedAce,
Are you familiar with the new NFA ruling for American brokers that will prohibit the utilization of limit orders and stop losses beginning in August of this year?
This new NFA ruling is also discussed here at FF:
http://www.forexfactory.com/showthread.php?t=180154
Maybe we need to find a foreign broker for US residents? Apparently, FXCM is recommending US accounts be transfered to their UK division.
Not sure where this stinking legislation is leading us...
BobIgnored
DislikedAce,
Are you familiar with the new NFA ruling for American brokers that will prohibit the utilization of limit orders and stop losses beginning in August of this year?
This new NFA ruling is also discussed here at FF:
http://www.forexfactory.com/showthread.php?t=180154
Maybe we need to find a foreign broker for US residents? Apparently, FXCM is recommending US accounts be transfered to their UK division.
Not sure where this stinking legislation is leading us...
BobIgnored