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-   -   Nomoretoxic's breakout (https://www.forexfactory.com/showthread.php?t=106489)

RRothschild Oct 8, 2008 3:00pm | Post# 581

Yes, we reduce the LOT size, so that you can take the trade.

sometimes the r/r is off, but you can still aim for 1:1 and lock in the 20 PIPS once you get them and trail the rest. you will lose from time to time it happens.

Hi RR: Thanks for your quick reply. Do you worry about R:R with a SL that high when we're shooting for approx 20 pips?Jim

RRothschild Oct 8, 2008 10:04pm | Post# 582

Asian Session
 
usdchf -28
entry: 1.1311
sl: 1.1283
tp: 1.1339

audusd +60
entry: 0.6756
sl: 0.6691
tp: 0.6816
moved sl to b/e at +20 with a 20 pip trailing stop.....

Missed a good trade on GBPJPY, but the spread is 17 Pips, so i passed.

UPDATE:
Relooking at my USDCHF I trade I realized that I made a mistake. I should have had my entry at 1.1294, SL at 1.1277 and TP at 1.314. The 20:10 bar actually broke thru the box, so I should still be in this trade. Oh well.

swakop Oct 9, 2008 4:24am | Post# 583

London session
 
1 Attachment(s)
Good morning,

here is my first trade for today:
gbpjpy buy @ 175.10
sl 174.30
tp 174.90
ts 30
Click to Enlarge

Name: chart gbpjpy 09.10..gif
Size: 11 KB

RRothschild Oct 9, 2008 4:47am | Post# 584

London Session
 
AUDUSD +35
Entry: 0.7035
SL: 0.6945 (90)
TP: 0.7070

EURUSD +31
Entry: 1.3720
SL: 1.3698 (22)
TP: 1.3751

GBPUSD +20
Entry: 1.7284
SL: 1.7259 (25)
TP: 1.7309
(locked in 20 PIPs and trade went back below b/e before rebounding)

RRothschild Oct 9, 2008 4:49am | Post# 585

Good trade!

I passed on it only because of the size of the spread which was 17 with my broker.

RR -

Good morning,

here is my first trade for today:
gbpjpy buy @ 175.10
sl 174.30
tp 174.90
ts 30

RRothschild Oct 9, 2008 9:58am | Post# 586

No trades for me so far this morning.
I will be away for the rest of the NY session.

Good luck trading everyone!

RR -

nomoretoxic Oct 9, 2008 10:08am | Post# 587

No trades for me so far this morning.
I will be away for the rest of the NY session.

Good luck trading everyone!

RR -

Market is on halt all over the place . I believe there's another clown in a suit speaking @11:00 or something.

Take care my friend!!!

nomoretoxic Oct 9, 2008 10:58am | Post# 588

I catch a nice run on London session.

Let's see what happens tomorrow -NY session is so slowww.


Cheers

erikgault Oct 9, 2008 1:00pm | Post# 589

ibfx
 
can somebody help me...

should I change the settings on the breakout indicator ?

my broker is Interbank FX, the indicator standard settings is

brokergmtshift 3
start 14:00
end 16:00
day_number 6
show_label true
offset 5

which one must I change ?

thanks in advance

mappollo69 Oct 9, 2008 1:44pm | Post# 590

can somebody help me...

should I change the settings on the breakout indicator ?

my broker is Interbank FX, the indicator standard settings is

brokergmtshift 3
start 14:00
end 16:00
day_number 6
show_label true
offset 5

which one must I change ?

thanks in advance

Im ny time, ibfx broker is +4

brokergmtshift 0
start 11:00, so -4 = 7am est
end 13:00, so -4 = 9am est
day_number 6
show_label true
offset 5

erikgault Oct 9, 2008 2:03pm | Post# 591

Im ny time, ibfx broker is +4

brokergmtshift 0
start 11:00, so -4 = 7am est
end 13:00, so -4 = 9am est
day_number 6
show_label true
offset 5
thanks mappollo69

Pooks Oct 9, 2008 4:41pm | Post# 592

hey Guys.. IRC channel dedicated to NomoBox
 
hey everyone!!

I started a IRC channel dedicated to traders trading Nomo's box.

its on server..

irc.ircforex.com

Channel name

#NomoBox

------
so.. to everyone who has not used IRC before..
all you have to do is download a free software such as IceChat or mIRC..

choose a nickname.. enter the server.. and enter Channel name..

Looking forward to seeing some company in there, and hopefully we can catch more of these plays together.

nomoretoxic Oct 9, 2008 5:00pm | Post# 593

hey everyone!!

I started a IRC channel dedicated to traders trading Nomo's box.

its on server..

irc.ircforex.com

Channel name

#NomoBox

------
so.. to everyone who has not used IRC before..
all you have to do is download a free software such as IceChat or mIRC..

choose a nickname.. enter the server.. and enter Channel name..

Looking forward to seeing some company in there, and hopefully we can catch more of these plays together.

Thanks.

Just remember the sessions. Some people prefer London or NY. Some of us trade both.

I'll check 'n there from time to time.


cheers

ozzy23 Oct 9, 2008 8:33pm | Post# 594

screen shots
 
2 Attachment(s)
Ron,
Here are some screens, hope it helps.
Im running latest v4 EA on 1M chart.
Range start 00:00
Range end 00:30
just for testing

Range actual is
high 1.3583
low 1.3558

Broker is IBFX

Range size actual is 24, correct
the other values are off

thanks for the efforts.
Name:  Image1.png
Views: 378
Size:  7 KB
Click to Enlarge

Name: Image2.png
Size: 8 KB

Ronald Raygun Oct 9, 2008 8:36pm | Post# 595

Ron,
Here are some screens, hope it helps.
Im running latest v4 EA on 1M chart.
Range start 00:00
Range end 00:30
just for testing

Range actual is
high 1.3583
low 1.3558

Broker is IBFX

Range size actual is 24, correct
the other values are off

thanks for the efforts.
What should they be?

ozzy23 Oct 9, 2008 8:38pm | Post# 596

sorry guys
 
last post was actually meant for the 7-9 Big Dog thread re the RRaygun EA.

TradeSense Oct 10, 2008 5:08am | Post# 597

EUR/USD London Session
 
1 Attachment(s)
A nice trade on EUR/USD this morning.
Click to Enlarge

Name: eur_usd.gif
Size: 32 KB

Skygod Oct 10, 2008 9:49am | Post# 598

NY session 10.10.08 USD/CAD
 
1 Attachment(s)
Nice breakout on USD/CAD this morning...

Enter - 1.1723.
SL - 1.1679.
TP - 1.1761.

MM - 2% = $200, risk 44 pips, lot size = .454 Lots traded.

Thanks again, Nomo.

Later.
Click to Enlarge

Name: uc 10.10.08 .gif
Size: 21 KB

tim4kaye Oct 10, 2008 9:58am | Post# 599

Nice breakout on USD/CAD this morning...

Enter - 1.1723.
SL - 1.1679.
TP - 1.1761.

MM - 2% = $200, risk 44 pips, lot size = .454 Lots traded.

Thanks again, Nomo.

Later.

Very nice, I missed that one. I did have a loser on the G/U this morning. Still ahead for the month, so far.

Skygod Oct 10, 2008 10:04am | Post# 600

GU - NY sesson...down but not out :)
 
Yes, I am in the GU too....

It is down, but not out yet.

Entered @ 1.7096.
TP set @ 1.7144.
SL set @ 1.7039.

MM - 2%, risk 57 pips, lot size = .351 traded.

Let's hope for the best .


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