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Attachments: Simple Monday-Tuesday System (attached calculator)
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Simple Monday-Tuesday System (attached calculator)

Hi

This system resembles London breakout strategy.
Quoting GreyTrader
So I'm thinking. I'd rather have just closed TP1 on all of these (+10R) rather than get a -2R. Strategy for this week: 1. +10% Entry, -40% SL. 2. Set TP to 3R. 3. At London 5pm on Wed, Thu, and Fri. Close all trades past R1. {image}
Or use trailing stop(s). Something like: when reaching half the way to TP1, set trailing stop to (TP1-Entry)/2. Allow new entry once the trailing stop has been taken.
Quoting Wyrebill
Hi This system resembles London breakout strategy.
Well spotted. So do most breakout strategies.
"Pips are vanity. Profit is sanity."
Quoting PaulDV
{quote} Well spotted. So do most breakout strategies.
I'm told that there are only 2 ways to enter a trade, retracement or breakout

As a programmer, would you agree? I sure can't think of any other

Makes sense that strategies that use the same entry technique would look similar

I guess you could use London Breakout for signal, then wait for pullback to enter, then it wouldn't look the same

Always looking for that extra confirmation like it's a gold class guarantee
Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 17.9%
Quoting Erebus
{quote} I'm told that there are only 2 ways to enter a trade, retracement or breakout As a programmer, would you agree? I sure can't think of any other Makes sense that strategies that use the same entry technique would look similar I guess you could use London Breakout for signal, then wait for pullback to enter, then it wouldn't look the same Always looking for that extra confirmation like it's a gold class guarantee
aaaand what is your extra confirmation?
Quoting Akaykenann
{quote} aaaand what is your extra confirmation?
Not me, just thinking out loud, take the breakout PRICE, and hangon

It's WTF
Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 17.9%
Quoting Erebus
{quote} Not me, just thinking out loud, take the breakout PRICE, and hangon It's WTF
lets goooooooooooooooooooooooooo
Orders placed for this week.
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GBPAUD sell doing well so far
AUDCAD long not ding well
Quoting optitrader
GBPAUD sell doing well so far AUDCAD long not ding well
Seems that GBPAUD doesn't like our short orders
Dives est, cui tanta possessio est, ut nihil optet amplius
Quoting optitrader
GBPAUD sell doing well so far AUDCAD long not ding well
Both triggered by major news event - if you had had the news filter on, you wouldn't be in the AUDCAD trade right now (but GBPAUD would still have triggered later on).
"Pips are vanity. Profit is sanity."
Quoting Erebus
{quote} Not me, just thinking out loud, take the breakout PRICE, and hangon It's WTF
Bucking bronco stylee!
"Pips are vanity. Profit is sanity."
wow, 4 full loss

5 open but no TP in sight

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 17.9%
I got 3 full loss so far tooOthers still in green. Wishing everyone in green this week using this strategy
Newbie here
i closed my trades with a decent profit.

I didn't trade all pairs, the pairs activated were eur/usd, gbpaud and audcad.
Quoting pundit78
Orders placed for this week. {image}

This week was almost breakeven. Loss of 27 pips
Quite a few false breakouts this week.
I'm down almost 9%
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The quick brown fox jumps over the lazy dog.
Nobody in the house
Quoting Ican2020
Nobody in the house
Waiting on entries, some nice tight ranges, expecting some awesome moves, AUD has been pumped up, red news later today

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 17.9%
Last week was not to good -40 I left to run to this week just closed this morning Wednesday. So far looking good.
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