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Japanese Daily Breakout

  • #61
  • May 2, 2024 9:29am May 2, 2024 9:29am
Hi,
Where is should SL or TP placed?
Thanks
  • #62
  • May 2, 2024 11:43am May 2, 2024 11:43am
Here is another variation trading Dow Index Futures. X marks Stop Loss, V marks TP. Altogether 3 days this week, 2 Lots per 50K, DD was 5%, Total Profit = + 3%.
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  • #63
  • May 2, 2024 7:48pm May 2, 2024 7:48pm
Quoting MachineLearn
{quote} Definitely accepted, love seeing variations and experimentation. Thanks ill be primarily focusing on daily breakouts on m15 for a while

Will this meet your criteria for a break of the Previous Day' High?

- Stop Loss is 10pips

Attached Image (click to enlarge)
Click to Enlarge Name: AU May03 M15 breaks PDHigh 3-5-2024 8-45-15 am.png Size: 22 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #64
  • May 3, 2024 10:42am May 3, 2024 10:42am
Quoting emmanuel7788
{quote} Will this meet your criteria for a break of the Previous Day' High? - Stop Loss is 10pips {image} ...
yeah, sl is small in my opinion but this works
  • #65
  • May 6, 2024 9:03pm May 6, 2024 9:03pm
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  • #66
  • May 8, 2024 8:46am May 8, 2024 8:46am
CADJPY
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  • #67
  • May 8, 2024 8:47am May 8, 2024 8:47am
Slow and steady. It’s not sexy but it’s profitable
  • #68
  • May 8, 2024 9:21am May 8, 2024 9:21am
Quoting MachineLearn
Slow and steady. It’s not sexy but it’s profitable
Hey there, any chance you can share the TV indicators/where to find them?

Thanks buddy

PC
Less is more...
  • #69
  • Last Post: May 9, 2024 11:44am May 9, 2024 11:44am
Quoting emmanuel7788
{quote} Will this meet your criteria for a break of the Previous Day' High? - Stop Loss is 10pips {image} ...
I'd never thought of this. I just have to thank you for the chart pic. That tool caught my eyes. It makes my work a lot easier. I just marveled at its simplicity and how one could go for even a 4RR-6RR with ease. Moreover it's been in the MT4 tool kit . I had to google it up. All you need to do is just adjust setting to suit purpose. Its better off a RR tool than a fib tool!
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
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