Stairstep Breakouts Latest Opportunities

SERIOUS WARNING

1. Most Forex traders lose all their money.
2. Using the Charts posted here in trading Forex does not guarantee success.
3. Trading with these charts could lead to serious financial loss.
4. Trading with these Charts without understanding its underlying trading strategies guarantees traders will lose their money.

(serious warning took from http://www.forexfactory.com/showthread.php?t=304770 )

This thread is not for understanding or learning Stairstep Breakouts system. forexhard has presented us this system. Read about this at http://www.forexfactory.com/showthread.php?t=302007

This thread Aim for disclose Stairstep Breakouts system opportunities. We try to post different pairs chart in this thread, when you found in any pair new CZ which never broke yet.
This thread help all of us, to avail all opportunities becomes because of this system.

Be remembering Main Focus of this thread to post charts:
1- never yet broke CZ,
2- Expecting to Brake
3- Just Broke and close 2 candles bellow buffer line.

I hope Forexhard apreciate and allow me to run this thread, moreover we will collaborate and help each other to avail all coming good opportunities.

Best Wishes,

Khizer

Watch CHF/JPY not broke yet!

EUR/AUD just brake.
I got this

EUR/CHF waiting for you!

GBP/AUD

GBP/CAD waiting...

good idea,subscribed

it is really tuff to trade cross currencies my broker(fxpro) have 6-8 pip spread on this cross pairs so i can just trade major pairs.

Khizer, I do not approve of this idea. For several reasons.

Earlier today I asked you not to post any more messages regarding my system because it was clear to me that you did not fully understand the basics. I asked you to spend the next 4 days (until Sunday) reading over my thread again so that you could become as experienced as the rest of us. But no. Instead of following my request you come over here and begin this thread, trying to teach what you do not know.

I can not stop you from continuing, but do not expect me to participate in here with you. We are already going over charts in my original thread, and many pips are being banked over there weekly, and the charts are being discussed by myself and several others who know what they are talking about. Unfortunately, you do not.

Stairstep members: I do not appove of this thread. It will only dilute and distract from the original thread and the great work we are doing over there. I am asking for my regular members to NOT participate in this thread, and to let it die. If you do post over here, then I will expect you to stop your participation in my thread.

FxH

khizer - I say keep doing what you are doing. You are better off in your own thread anyhow...that is one helluva ego on the other thread.

Dear FXH,

For showing How much I respect you and your advice: I read your system many times. I did'nt post a message from Friday in your thread and also did not post charts there.

Reply of your points:

1- FXH TOLD: "Instead of following my request you come over here and begin this thread, trying to teach what you do not know".

I am not teaching your system, my first post in this thread shows that this thread main focus to only post charts for that
System, if any one want to learn this system he or she should go to your thread (link of your thread also mention http://www.forexfactory.com/showthread.php?t=302007)

2- FXH TOLD: Stairstep members: I do not approve of this thread. It will only dilute and distract from the original thread and The great work we are doing over there. I am asking for my regular members to NOT participate in this thread, and to let it die. If you do post over here, then I will expect you to stop your participation in my thread.

Its not be professional views: If your aim is to have all control on all the members to run on what line you described, its Injustice.

For members:

(a) This thread help all of us.
(b) You will face error in your platform, than new CZ never shows in your system read post in main thread (http://www.forexfactory.com/showthre...26#post4935526) many users left the opportunity because of this, if you also post charts here, than we all can control new opportunities.
(C) If we do work as family we all can get more benefits, this thread will focus on Charts only, not for other discussions.
It enable us to avail our Goals more easily.

3- FXH TOLD: do not expect me to participate here with you.

I know as a professional trader you will not go with your egotistical, and you will also post charts here, because this thread's main idea is to more publicize Stairstep Breakout system.

4- FXH Told: You are free to post there, of course. But if you do, then I expect you to stop posting here with me. Pick a side: The Originator, or the Copycat.

Dear FXH lets drop this to members that this thread's main focus is to OPYCAT or to collaboration with each other to avail all the opportunities happend in any pair.

With very respectfully I want to clear my Views for starting this thread:

1- This thread has not any intention to down your thread popularity.
2- This Thread is to publicize your system.
3- This thread will enable more visits on your thread, with regular users.
4- I want your thread to become more professional, if we post charts on your thread than main Idea of your thread become very far away. Your thread should be based for Informations and understanding for the system.

WE ALL ARE EXPECTING PROFESSIONAL AND POSITIVE REPLY FROM DEAR FOREXHARD!!!

Keep doing what you are doing, nobody owns anything on this business, except "The Stairstep Breakout" System.......

khizer,

Keep this thread going. FH is not the God of the Forex. He is an unbelievably arrogant individual. I have learned a few things on his thread but it certainly wasn't from him. The only greatness on that thread is Squalou's programming skills.

From the first post on that thread to the present the look has changed because of the coding skills and not from anything FH is contributing. His comments shows his arrogance and his lack of trading skills. The system lacks good entry and exit signals so every cross of the box is taken. Price direction isn't addressed because that's not important I guess.

No SR's are needed is one of his comments. Nothing but the breakout of price from a drawn line on a chart is in his trading tool box. You could trade from a moving average on a chart and get the same or better results.

I'm not saying this system is all bad but after the price does actually breakout there isn't a clue where the price is heading. It often goes nowhere and returns back within the box. If the breakout continues how far will the price go and how can I maximize the profit? Nothing can be discussed on this thread beyond the breakout. Crazy rules.

The display panel part of the indicator is a nice feature but the pip potential is greatly weighted to the home team side only. No losses are recorded in the pip total. The extremes are recorded which can be easily seen by drawing a line through a daily chart. Recording the distance from the line in both up and down directions and recording there values as buys and sells.

The number of boxes drawn by the indicator on a given chart is controlled by multiple input factors. This is a nice feature but it's a hit and miss thing getting the indicator to put the boxes in the right location and in the right quantity.

The indicator searches for small bars over a user input number of bars and a user input ATR value. The problem is that no one ATR value works 100% in finding all the breakouts in a given chart for a given currency pair much less a given ATR value across multiple currency pairs. The Auto feature works better but still uses input values.

It has been stated by FH that 50 boxes or less shown on his chart is his goal over a 100 day period setting and 40 boxes is better. This equates to one box every 2.5 days. There are at least 1-2 breakouts every day so the breakouts found by this method is less than 20 - 40%. His statement to not trade a day when there isn't a box drawn on your chart is crazy.

They talk of trading the M15 but this advise sounds like they're using the Daily chart.

One thing you may want to try is placing a moving average on your charts set at Period 6 to 9, Simple and Median Price. This line will pass through the center of all the boxes placed on the chart. An MA Envelope with the same settings and a deviation of .14 with get a 30 pip high channel on the AUDUSD. Add a BollingerBand set at 20-2 and look for the breakouts where the bands narrow. Overlay the FH BO indicator and get the number of boxes to 50 or over and see the results.

The results show that by extending the box indicator for ever that more pips are made off the extension lines or in other words by accident then by design. Now If this works for you then great by all means use it. The template below shows a Yellow line based on the daily. A cross down signals a Short and a cross up signals a Buy. Don't laugh it works.

This system can make you money but I would add some things to the chart to show price exhaustion and better entries.

Trade well,

Johnny

Incredibly immature reply FH. Khizer is only helping spread your system. Anyone finds this thread will end up reading your system eventually.

Perhaps you are scared that someone else will trade your system better than you and it may cause you to lose the following you have created over in the other thread.

except the indicator nothing is original in the other thread,I am trading break out from years,that doesnt mean i was claim all breakout are my own invention.


any ways indicator from SQ have made it easy to notice consolodition,thats the only improvement.

@khizer please upload all version on SQ indicator,also keep the first indicator and then upload all other versions.

upload in the first post.

Good Morning!
CAD/CHF 39pips consolidation zone created...

GBP/CAD
28 pips consolidation zone
Waiting...

GBP/USD
26 pips consolidation
but not looks good!

USD/CHF
37pips consolidation zone
looks nice!

EUR/CHF
53 pips, bad consolidation zone
not recomended!