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Attachments: 7am-9am Big Dog USD Breakout Strategy
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7am-9am Big Dog USD Breakout Strategy

  • #381
  • Sep 8, 2008 8:23am Sep 8, 2008 8:23am
How about buying stop 1.4241 eur/usd?
1.4240 is checked twice and sl at 1.4217 the other side of the box.
great setup today i think
  • #382
  • Sep 8, 2008 8:34am Sep 8, 2008 8:34am
Quoting sonicdeejay
Big Dog Method + Longer Trend in Mind + Price Action...

Sonic
Hi Sonic,

1) What do you use to determine the trend (for example, CTGUY uses a 4 hour chart)?

2) What sort of price action determines your trade?

Thanks!
  • #383
  • Sep 8, 2008 8:40am Sep 8, 2008 8:40am
Quoting Bobcat2
Hi Sonic,

1) What do you use to determine the trend (for example, CTGUY uses a 4 hour chart)?

2) What sort of price action determines your trade?

Thanks!
Hey there... I use 1 hr and if the 4 hr also agrees, I am a happy camper.

Today's Big Dog trade is not really happening for me on the long. The spread between the high and low within the box on GBP/USD is around 71 pips which is higher than I wanted. I am not taking this trade due to the 1 hr and 4 hr going in opposite direction. I would rather play it safe than sorry. Now, if it goes short, I may jump in.

I jumped in and out of 11 profitable trades on a different system since open of market. Thanks to my buddy Jay, I made 60 pips on his two suggestions. My friends Nathan and Nimrod really profited from the forex within the past 24 hours and I just wanted to say congrats to them.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #384
  • Sep 8, 2008 8:43am Sep 8, 2008 8:43am
Would anyone happen to have the mq4 version of the
ant-GUBreakout_V.0.4 indie??

would be nice to have so as to make time adjustments inside the indicator instead of continually having to change them in the dialog box....

Is there an updated copy of Bull's indie?
Very nice but I notice a couple of things needed attention....

Nice work here.....

Is that a breakout on the GU happening now??
  • #385
  • Sep 8, 2008 8:44am Sep 8, 2008 8:44am
Quoting CTGUY
Hey there... I use 1 hr and if the 4 hr also agrees, I am a happy camper.

Todays trade is not really happening for me. The spread between the high and low within the box on GBP/USD is around 71 pips which is higher than I wanted. I am not taking this trade due to the 1 hr and 4 hr going in opposite direction. I would rather play it safe than sorry.

i was thinking the same, although there is chance of it going above 7700, i'd rather ride this on the way down.
  • #386
  • Sep 8, 2008 8:53am Sep 8, 2008 8:53am
Picked up +15 on a short in the Eur/Jpy this morning. Now it looks like it may be headed to TP 2.
  • #387
  • Sep 8, 2008 9:10am Sep 8, 2008 9:10am
Hey guyz, its ranging market all over the EURUSD, GBPUSD, AUDUSD, NZDUSD in todays big dog.... jsut wait for a breakout and lets see

Attached Image (click to enlarge)
Click to Enlarge Name: rangingbigdog.jpg Size: 219 KB
  • #388
  • Sep 8, 2008 9:15am Sep 8, 2008 9:15am
Quoting dznmrd
Hey guyz, its ranging market all over the EURUSD, GBPUSD, AUDUSD, NZDUSD in todays big dog.... jsut wait for a breakout and lets see

Attachment
The OPEC meeting probably has something to do with this. I'm expecting small breakouts until the meeting finishes.
  • #389
  • Sep 8, 2008 9:16am Sep 8, 2008 9:16am
Looks like GU has triggered a buy, but would be sitting at a loss right now waiting for the breakout?
Appears UJ woulda been a hot one this morning, but I know that it's not a recommended pair for this timeframe.
  • #390
  • Sep 8, 2008 9:17am Sep 8, 2008 9:17am
Quoting RRothschild
I trade a strategy that is very close to this one except that I use 2 time frames 0000 - 0400 and 0400 - 0800.

I think that the results of the systems may be comparable for the second period. Adding the earlier european time frame has worked well for me.

I set sl at 26 PIPs and TPs at 20, 40, 60, etc.

I also like to look at the daily chart to see where the trend is.

Does anyone else do anything comparable?
Your time frames run into one another?
  • #391
  • Sep 8, 2008 9:19am Sep 8, 2008 9:19am
Quoting glynnt
Your time frames run into one another?

Yes, my timeframes overlap and I place my trades at 0400 and 0800 EST.
  • #392
  • Sep 8, 2008 9:27am Sep 8, 2008 9:27am
Quoting dznmrd
Hey guyz, its ranging market all over the EURUSD, GBPUSD, AUDUSD, NZDUSD in todays big dog.... jsut wait for a breakout and lets see

Attachment
Hi dznmrd, very nice and clear chart, can you please share with us your indicators.

Thank you in advance

Bull
  • #393
  • Sep 8, 2008 9:35am Sep 8, 2008 9:35am
Quoting Bull
Hi dznmrd, very nice and clear chart, can you please share with us your indicators.

Thank you in advance

Bull
Indicators
Attached File(s)
File Type: ex4 ZigZag_Pointer_alert.ex4   5 KB | 1,422 downloads

Attached File(s)
File Type: ex4 SnakeForce.ex4   7 KB | 1,398 downloads

Attached File(s)
File Type: ex4 ant-GUBreakout_V.0.3.ex4   9 KB | 1,182 downloads

Attached File(s)
File Type: ex4 Magnified Market Price.ex4   3 KB | 1,286 downloads

Attached File(s)
File Type: ex4 CandleTime.ex4   2 KB | 1,279 downloads


Template
Attached File(s)
File Type: tpl dznmrd_breakout.tpl   24 KB | 1,419 downloads
  • #394
  • Sep 8, 2008 10:07am Sep 8, 2008 10:07am
Nice winner on usdchf
  • #395
  • Sep 8, 2008 10:22am Sep 8, 2008 10:22am
Quoting dznmrd
Indicators
Attachment
Attachment
Attachment
Attachment
Attachment

Template
Attachment
Thank you dznmrd.
  • #396
  • Sep 8, 2008 10:55am Sep 8, 2008 10:55am
Guys!! Breakout on the south side!!
  • #397
  • Edited 11:23am Sep 8, 2008 11:06am | Edited 11:23am
Great trade for GBP/USD... as I stated in post 383, I am not taking the long, but will take a short when it comes. I took 40 pips and jumped out.

The ema's (closed) in yellow are 3, 5, 8, 10, 12 and 15.
The ema's (closed) in red are 30, 35, 40, 45, 50 and 60.

The blacked out box is the name of a system I am testing for a friend. Since it is not released as of yet, I can't share the system.
Attached Image (click to enlarge)
Click to Enlarge Name: short.png Size: 37 KB
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #398
  • Sep 8, 2008 11:12am Sep 8, 2008 11:12am
EU/US$

Short 1.4189 TP 1.4147 Could have been 1.4122
  • #399
  • Sep 8, 2008 11:14am Sep 8, 2008 11:14am
Quoting CTGUY
Great trade for GBP/USD... as I stated in post 383, I am not taking the long, but will take a short when it comes. I took 40 pips and jumped out.

The ema's (closed) in yellow are 3, 5, 8, 10, 12 and 15.
The ema's (closed) in red are 30, 35, 40, 45, 50 and 60.

I took a trade a 1.75799, but I didn't jump out of the trade let's see where it goes. Moved SL to b/e.
  • #400
  • Sep 8, 2008 11:18am Sep 8, 2008 11:18am
If you go back and check any currenc pair you can see a massive break out at GMT 0 ( the start of Trading)

More than 100 plus pip
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