Trade Outside the Box (TOTB)

Quoting Mr.Trader123

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I still have a Question about the SToploss: Lets Say for Example we have an Valid Long (Buy) Entry. Then we put the Stoploss on the other site of the Box right ? Are we closing when price reach it or are we closing just when on the other site the Market has an h1 close ? And the other Question: You said you enter2 position is the one to take out at the 40% tp ? and the other goes to the 100% tp ? Or are the two orders just for the sl ?


And as well do you let the trades open over night when either tp or sl hitted ?

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Quoting davelansing

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Hi Emma, What's the rationale for the selected breakout of the high/low of the 2 hours before/after the London open? Are the results statistically better when compared to a breakout of the High/Low of ANY 4-hour period? Best, Dave

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Quoting Erebus

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{quote} just Google or even search here on FF for London Open Breakout Strategy’s they all use the first 2 hours of and from London open at 8 am local time (GMT or BST) this is basically the same except it takes into account the Frankfurt open, even 1 hour before that or you can search for Asian Breakout strategy, that uses the first 8, 9, 10 hours of the trading day INTERNET = INFORMATION don’t believe some random guys posts, learn for yourselves PS, shoot, forgot the rationales, pretty simple logic really,...

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Quoting Erebus

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...just Google or even search here on FF for London Open Breakout Strategy’s they all use the first 2 hours of and from London open at 8 am local time (GMT or BST) this is basically the same except it takes into account the Frankfurt open, even 1 hour before that or you can search for Asian Breakout strategy, that uses the first 8, 9, 10 hours of the trading day INTERNET = INFORMATION ...

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Quoting davelansing

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{quote} Right. Thanks for your input Erebus... but let me tell you a secret, and without getting into a pissing match, ... I probably use the internet much more than you think...there have been several BO strategies described on FF over the years, and on other sites as well, and I have stats to show that the opening range BO is NOT necessarily the "best" out there.... But I wholeheartedly agree that the most profitable research is to learn for yourself... Best, Dave

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Quoting Emma7788-FAN

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{quote} That´s why an EA needed for Helping to close with this rule . BAR must close {image} {image}

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Quoting Erebus

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{quote} just Google or even search here on FF for London Open Breakout Strategy’s they all use the first 2 hours of and from London open at 8 am local time (GMT or BST) this is basically the same except it takes into account the Frankfurt open, even 1 hour before that or you can search for Asian Breakout strategy, that uses the first 8, 9, 10 hours of the trading day INTERNET = INFORMATION don’t believe some random guys posts, learn for yourselves PS, shoot, forgot the rationales, pretty simple logic really,...

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Quoting davelansing

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{quote} Right. Thanks for your input Erebus... but let me tell you a secret, and without getting into a pissing match, ... I probably use the internet much more than you think...there have been several BO strategies described on FF over the years, and on other sites as well, and I have stats to show that the opening range BO is NOT necessarily the "best" out there.... But I wholeheartedly agree that the most profitable research is to learn for yourself... Best, Dave

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Quoting SwingMan

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{quote} Is OK, but you know the last: "Big Ben Breakout Strategy" ? It is interesting and uses the first hour before the London Open.

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Quoting Erebus

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{quote} Hey, no problem matey, a lot depends on the traders own goals, for very short, intraday traders BO can be appealing. Myself, I am a BO traders, longer time scale, couple of days holding, as per the Monday Tuesday system. So probably not the place to discuss further your suggestion what to use if not BO...

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Quoting JabTrader

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{quote} Hi Emma, I think if you add 20pip below/above the box before open position, the winning rate might be higher. I trade GU mostly, and applied the technique. Cheers

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Quoting Emma7788-FAN

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{image}

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Quoting josi

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{quote} GBPNZD - spread was much too wide for me. BUT: you made it TP1 has already been reached.

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Quoting Emma7788-FAN

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{quote} Don´t worry will be more chances to trade with others pairs i trade it with an average 28-45 pips as spread {image}

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Quoting josi

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{quote} Don't tell me you trade GBPNOK. SL is basically so far away it could be in the stars.

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Quoting Emma7788-FAN

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GU UJ EY you have data range To calculate your Risk & Lot Size and no thing to do Becuase SELLERS & BUYERS STILL IN BATTLE WAIT FOR The WINNER {image}

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Quoting herewego

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{quote} Isn't the GU trade box outside of your 150 limit?

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