Breakout numbers for most currencies

Buy GBP/USD if it breaks 1.5568
Sell GBP/USD if it breaks 1.5525

Buy EUR/USD if it breaks 1.2929
Sell EUR/USD if it breaks 1.2876

Buy GBP/JPY if it breaks 129.34
Sell GBP/JPY if it breaks 128.90

Buy EUR/JPY if it breaks 107.38
Sell EUR/JPY if it breaks 106.96

Buy USD/CHF if it breaks 0.9676
Sell USD/CHF if it breaks 0.9635

Buy USD/JPY if it breaks 83.19
Sell USD/JPY if it breaks 82.93

Buy NZD/USD if it breaks 0.7624
Sell NZD/USD if it breaks 0.7579

Buy EUR/GBP if it breaks 0.8314
Sell EUR/GBP if it breaks 0.8284


Stop loss 15 pips Target 15-20 pips!
DO NOT hold positions for more then 8/9 hours.
Don’t forget to check if there’s any news coming out.

I made 177 pips (buy low/sell high)
Lost 60 pips, 4 positions were closed -15pips using method 15 pips stop loss and 15 pips target on eur/usd currency and eur/jpy, on 3 positions target didn't reach only 6, 3 and 4 pips. Hopefully tonight will better.

If you traded any currency please tell me about it if you learned anything or maybe there is something for me to learn.
English is my second language so sometimes its hard to understand your questions such as last one about Excel.

I wanna tell you another secret that I use and made about +300 pips for last 2 days. Yes only 2 days!
Lets take for example GBP/USD breakout numbers. Buy gbp/usd if it breaks 1.5568 so what I do is lets say I imagine that it broke through and went up 100 pips lets say and I open a sell position at 1.5668 and then I open another sell limit order at about 50 pips difference which will be 1.5623 and using this method I made more then 300 pips in last 2 days trading GBP/USD, GBP/JPY, EUR/USD, EUR/GBP and I also like EUR/JPY however my limit orders were not opened neither buy or sell. Well good luck brothas and sistas.

One more thing, I would use the stop loss at about 250-300 pips in order to prevent your account from being wiped out. I used to trade with this method about 2/3 years ago and then when market went down 1000 pips it killed me. Don't worry about such big stop loss, it is only to protect all your money, plus you'll be making about 100-150 pips a day and after one week you will afford your stop loss to be hit. Such big stop loss only can be hit once in a month or two so you can make plenty of pips by the time it gets hit.

Dude..... This is about the least coherent thread I have read in some time.
Will you PLEASE lay out your system, and times traded in an understandable manner.

What part of my answer did you not understand when I wrote how to determine breakout strategy when London opens, the rest is up to you however you wanna trade it.

If all this doesn't make any sense to all of you then this will be my last reply.

This is what you have given regarding your system.......... Do you see anything here about london open? or any other particular open?
And then there is the vagaries regarding your SL and Tp. oh 10 or 15..... and maybe 20 or 25, ..... However I can deal with what apparently is a certain amount of flexibility in this area.

Can you tell us your results here?

Buy GBP/USD if it breaks 1.5587
Sell GBP/USD if it breaks 1.5536

Buy EUR/USD if it breaks 1.2990
Sell EUR/USD if it breaks 1.2911

Buy GBP/JPY if it breaks 129.49
Sell GBP/JPY if it breaks 128.85

Buy EUR/JPY if it breaks 107.85
Sell EUR/JPY if it breaks 107.08

Buy USD/CHF if it breaks 0.9717
Sell USD/CHF if it breaks 0.9659

Buy USD/JPY if it breaks 83.15
Sell USD/JPY if it breaks 82.70

Buy NZD/USD if it breaks 0.7632
Sell NZD/USD if it breaks 0.7574

Buy EUR/GBP if it breaks 0.8336
Sell EUR/GBP if it breaks 0.8304

Buy USD/CAD if it breaks 0.9949
Sell USD/CAD if it breaks 0.9920

Stop loss 15 pips Target 15-20 pips!
DO NOT hold positions for more then 8/9 hours.
Don’t forget to check if there’s any news coming out.

Can you tell us todays result?
How do you know when to take position, when is break not false signal?

Thank you

sorry wrong thread, but thanks for sharing your knowledge

Oh NO!!! Every currency has an avg size move.....example on hourly eur/usd it is 50 to 75 depending on market volatility....others vary. now when the market is trending you are using BREakout in either direction......have you thought of BUY IF BREAK Or BUY IF REACH as far as I know that is what real traders do ......Ofcourse in breakout you need the closing of consecutive candles and macd in that direction I use a 10 min chart.....

If you don't know exactly what is happening you can't guess you only loose on the long run.....what is happening is the ELLIOTT pattern it is meant to beat everyone........AS FOR STOP Hunting is when the HUNT for PATTERN TRADERS

You might be right that I might be wrong lol.

Fellas as I wrote in my very first post of this thread that I look for breakout numbers during 3:00 to 3:30 New York Time, I don't know what it will be in GMT time.
Im posting breakout numbers and one of guys said that he is using 15 pips for stop loss and target and it worked 90% for 2010, he says that market moves different in winter and summer so performance may vary.

Please don't judge me professional forex traders.

Tell me what do you think about this idea what Im gonna write right now, I know it's not new and people traded before like that. Its buy low and sell high. Here is how I do it.

I look at my breakout #'s. For example EUR/USD buy if it breaks 1.3500 and sell if it breaks 1.3400 I open 2 sell limit orders from breakout level which is 1.3500 one limit order 50 pips away the second one for 100 pips. My Stop Loss is 300 pips away and YES I keep an eye on news. My results for 5 days is 455.6 pips and I wanna ask advice do you guys think maybe it will be just better to trade it this way? Using breakout #'s to buy low and sell high.

Buy GBP/USD if it breaks 1.5657
Sell GBP/USD if it breaks 1.5599

Buy EUR/USD if it breaks 1.3016
Sell EUR/USD if it breaks 1.2971

Buy GBP/JPY if it breaks 130.31
Sell GBP/JPY if it breaks 129.70

Buy EUR/JPY if it breaks 108.34
Sell EUR/JPY if it breaks 107.84

Buy USD/CHF if it breaks 0.9755
Sell USD/CHF if it breaks 0.9726

Buy USD/JPY if it breaks 83.35
Sell USD/JPY if it breaks 82.99

Buy NZD/USD if it breaks 0.7615
Sell NZD/USD if it breaks 0.7585

Buy EUR/GBP if it breaks 0.8321
Sell EUR/GBP if it breaks 0.8302

Buy USD/CAD if it breaks 0.9894
Sell USD/CAD if it breaks 0.9871

Set buy and sell limit orders.
Buy GBP/JPY @ 131.30 Stop Loss 130.59 Target 132.00
Sell GBP/JPY @ 130.39 Stop Loss 131.10 Target 129.68

Set buy and sell limit orders.
Buy GBP/JPY @ 131.30 Stop Loss 130.59 Target 132.00
Sell GBP/JPY @ 130.39 Stop Loss 131.10 Target 129.68
Close position as it. +40 pips

loving your ratio and respect your loses.have been learning to trade for about 14 months give or take and take technical analysis very seriously.i am having 1 problem at the moment(and im sure something else will pop up)and thats using leverage.im currently using a mini-lot account with current balance just under 2000.
now heres the problem on a daily basis i am up on pips and this has had a high of over 300 pips but my gross p/l ends up negitive.
average pip loss per trade 15pips
How is leveraged used?
when booking out lots,is there a ratio?
any advise will be respected.
cheers