"The person who knows that enough is enough, will always have enough".
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FXDD GMT+2 or GMT+3 10 replies
What does GMT shift and GMT shift Sun do in this indicator? 0 replies
MBO = Monday Break Out 8 utc gmt - 7 utc gmt 22 replies
What is the best server time for H4 trading? GMT+0, GMT+1 or GMT+2? 10 replies
web charting package with GMT +2 or GMT 2 replies
DislikedApprox 3 yrs. But mostly eur/jpy. Its a stop hunting method, most market makers use it, along with the order book.
.Ignored
DislikedHere are some days which I observe having loss.
Mostly there are fake breakout.
After reading the post from original post of BIG DOG. sonic suggests a method to confirm the breakout.
i.e. waiting the bar close and the close is breakout already.
If close is out of the range, open a position.
But it seems that it need for EA to run this ...is anyone can help to test ?
Thank a lot....Ignored
DislikedThe first one the range was too big in my opinion.
but i think the timing is wrong on all of them.Ignored
DislikedThank Takisd
oh..really...
i use FxPro which hv 5 digits and some of the range are <99pips
as foresaid, i put order at 0730 and use the range from 0400- 0730 (3.5 hrs)
I use this range ....because there will more loss if i use the range to 0700.
That just my opinion. Please correct me or comment if you think different.
thank a lot againIgnored
DislikedI only trade the smaller ranges, so my SL is between 30 and 60 usually. I tp 20-30 depending on my personal day. If I have the time to watch I will go for a 30 pip tp.
This is just a spare change machine to go with swing trading. You can make a business out of it, but I find it a good supplement. I would be using between 5 and 10% per trade on breakouts, only because of the high hit rate, and because my regular trading compliments it all.
With all this being said, If i were travelling I would probably just trade the breakouts and go for gold,...Ignored
DislikedHi all,
First of all this is working well for me, thanks to the authore, but I use different time frame 2-5am GMT, when 5am ends it is exactly the open of the euro session. I do open 2 entries set both 60 pips SL and close the first entry at 30 pips and target another 40 with the 2nd entry which totals 100 pips. If the 2nd entry doesn't hit 40 then it breaks even which leaves me with 30 pips profit. I am not looking for more or less, 100 pips is my target on each trade.Ignored
DislikedHello,
I am a newbie in trading, I follow this thread with interest
Big Dog strategy (7am-9am) is explained with the possibility to use a 15 trailing stop for a 15 TP.
I am wondering if a trailing stop is suitable for this strategy (london open)?
a 60 SL and a 30 TP, give me a too small profit ratio at my point of view.
I am afraid of a series of loss, that could drive the account down. Is there a way to see it coming ?
I dont have an EA yet, but it could be very useful to assess the profitability of the system. If someone got one please...Ignored
DislikedHere are some days which I observe having loss.
Mostly there are fake breakout.
After reading the post from original post of BIG DOG. sonic suggests a method to confirm the breakout.
i.e. waiting the bar close and the close is breakout already.
If close is out of the range, open a position.
But it seems that it need for EA to run this ...is anyone can help to test ?
Thank a lot....Ignored
DislikedWhat I do is for short entries I add 7 pips and for long entries 7 + spread usually totals to 10-11 pips, works great.Ignored
Dislikedi was also considering that so you miss some false breakout also fed what is your win/lose ratioIgnored