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Simple Breakout System By Zach

  • #401
  • Jul 5, 2017 3:03am Jul 5, 2017 3:03am
Quoting jaibahv
{quote} Thanks Zach Today you pairs please {image} What is trandline break, did you use trendlines too for entry or only the box breakout?

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  • #402
  • Jul 5, 2017 3:21am Jul 5, 2017 3:21am
eur/jpy TP1 (161.8) HIT

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Anyone Who Has Never Made A Mistake Has Never Tried Anything New.
  • #403
  • Jul 5, 2017 3:32am Jul 5, 2017 3:32am
BO USDCHF

i place buy limit at 100 fibo
  • #404
  • Jul 5, 2017 3:48am Jul 5, 2017 3:48am
Quoting ErollZach
{quote} may i know where u get this indicator.i downloaded yours and wont work.journal error removed

I had downloaded the indicators from this Thread only,Refer the screenshot,if its not suitable(error) pl share ur Breakout indicator & Fibbo indicator which u apply in ur Templates,its more helpful to All of ur Followers.
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  • #405
  • Jul 5, 2017 4:06am Jul 5, 2017 4:06am
Quoting ErollZach
BO USDCHF i place buy limit at 100 fibo
usd pair has news today then how you selected that pair

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Anyone Who Has Never Made A Mistake Has Never Tried Anything New.
  • #406
  • Jul 5, 2017 4:08am Jul 5, 2017 4:08am
Quoting ErollZach
BO USDCHF i place buy limit at 100 fibo
Isn't it dangerous ? It can trigger the BO without the candle close outside the box
  • #407
  • Jul 5, 2017 4:16am Jul 5, 2017 4:16am
Quoting jaibahv
{quote} usd pair has news today then how you selected that pair {image}
BO USDCHF is before the news
and the BO itself is not caused by news
if u place your order before,on BO,u should be in profit. Hit TP 1

just get use of this trading system.u will gain more knowleadge
  • #408
  • Jul 5, 2017 4:30am Jul 5, 2017 4:30am
Quoting ErollZach
{quote} BO USDCHF is before the news and the BO itself is not caused by news if u place your order before,on BO,u should be in profit. Hit TP 1 just get use of this trading system.u will gain more knowleadge
Got it, Box Brake out before news then Trade accordingly because brake out is not caused by news.

Please don't mind and get angry, am asking too many questions.

Only question you were not answering is what pairs you were trading today? Tell me how you selected them

EUR/USD, GBP/USD, NZD/USD, CHP/JPY, GBP/JPY every pair got break out and given opportunity for Trading, but you selected only EUR/JPY and USD/CHF
Anyone Who Has Never Made A Mistake Has Never Tried Anything New.
  • #409
  • Jul 5, 2017 4:57am Jul 5, 2017 4:57am
Quoting jaibahv
{quote} Got it, Box Brake out before news then Trade accordingly because brake out is not caused by news. Please don't mind and get angry, am asking too many questions. Only question you were not answering is what pairs you were trading today? Tell me how you selected them EUR/USD, GBP/USD, NZD/USD, CHP/JPY, GBP/JPY every pair got break out and given opportunity for Trading, but you selected only EUR/JPY and USD/CHF
check the BO
try find your favorite pair
trade consistently
and pls do not too greedy
  • #410
  • Jul 5, 2017 4:59am Jul 5, 2017 4:59am
Quoting JiNO55
AUD/JPY Long {image}

hit TP1
  • #411
  • Jul 5, 2017 5:26am Jul 5, 2017 5:26am
Quoting ErollZach
{quote} hit TP1
Not for me ...
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  • #412
  • Jul 5, 2017 6:43am Jul 5, 2017 6:43am
Quoting JiNO55
{quote} Not for me ... {image}

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m15 with my broker.i noticed u using m5?
  • #413
  • Jul 5, 2017 6:55am Jul 5, 2017 6:55am
any INDICATORS that can be used?
Any EA for this strategy?
  • #414
  • Jul 5, 2017 6:57am Jul 5, 2017 6:57am
Quoting ErollZach
{quote} {image} m15 with my broker.i noticed u using m5?
Damn, I think I understand ... You put it 2 hours before London open, I put mine just before the open ... Still got a EUR/JPY and USD/JPY TP though haha
But I think it's dead for AUD/JPY and AUD/CAD
  • #415
  • Jul 5, 2017 7:04am Jul 5, 2017 7:04am
Fibo setting for easy point of TP/SL entry view

example

level 0.618 description 61.8 (this is default)

adjust to:

level 0.618 description [TAKEPROFIT 1]%$ 161.8
  • #416
  • Jul 5, 2017 7:05am Jul 5, 2017 7:05am
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  • #417
  • Jul 5, 2017 7:12am Jul 5, 2017 7:12am
Quoting ErollZach
Fibo setting for easy point of TP/SL entry view example level 0.618 description 61.8 (this is default) adjust to: level 0.618 description [TP1]%$ 161.8
Zack does you BUYLIMIT call on USD/CHY is still on ?........ IT MOVED A LOT TOWARDS NORTH...
Anyone Who Has Never Made A Mistake Has Never Tried Anything New.
  • #418
  • Jul 5, 2017 7:27am Jul 5, 2017 7:27am
Quoting jaibahv
{quote} Zack does you BUYLIMIT call on USD/CHY is still on ?........ IT MOVED A LOT TOWARDS NORTH...

I just leave my pending order,will see the market touch the entry or not

now running on AUDUSD

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  • #419
  • Jul 5, 2017 7:53am Jul 5, 2017 7:53am
Quoting JiNO55
{quote} Damn, I think I understand ... You put it 2 hours before London open, I put mine just before the open ... Still got a EUR/JPY and USD/JPY TP though haha But I think it's dead for AUD/JPY and AUD/CAD

  • #420
  • Jul 5, 2017 7:56am Jul 5, 2017 7:56am
Quoting fxguru2010
any INDICATORS that can be used? Any EA for this strategy?
https://www.forexfactory.com/showthr...5#post10054095
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