The setup is invalid Avail. Price drops below the low between the 2 pts, before it breaks. The red bar about 5 before that red horizontal line with the ?

How's this

Hey abokwaik, Perhaps a simple approach for avoiding a range, is a couple of filter options: Not sure what would work best, but both easy to code 1) The entry should be a new high/low of the last n bars. So if you get an engulf within that range it ...

Is this thread still alive? The concept seems simple enough.

Congrats on a great thread Fezmar. I've been taking a similar approach to trade management, though admittedly I take profit on part of the position early, and leave the rest to grow. I'm curious about how you deal with weekends, or rather the risk ...

Test of 105, would give us 300pips. Fingers crossed.

UJ Buy, trade at BE. Lets hope Draghi doesn't reverse the thing.

The AUD is falling.....I'd moved my SL to +10, and hit.

Nice Work. Does that mean you are out? Or holding on for 200?

GBP Unemployerment Rate from Wednesday June, 11. Closed a few hours ago. Initial SL: 20, TP 200 Is that how you do it Tony? Would you hold the trade this long to reach target, or close after a few hours if it doesn't reach target?

Anyone trade Manufacturing production m/m? Made 40 pips, but should have held on longer. I recall reading posts on people who close based on ATR. What time frame would you look at for that?

When you guys say you close based on ATR, what sort of chart are you looking at? Being news spike, I assume you aren't looking at an ATR of Daily, 4 Hr etc. So 1min? 5min? Tony I've noticed you say you are targeting 100 or 200 most of the time, but ...

Should a range move if it gets smaller? — Sorry if this has been posted before. I read the first 15-20 pages, though may have missed a post of two when on smartphone. So a range is created over 25 bars at 30 pips. Then the range doesn't get ...