Stairstep Breakouts Latest Opportunities

I got only these 5 pairs consolidation's zone in my platform.

1- GBP/CAD
2- EUR/CHF
3- CAD/CHF
4- USD/CHF
5- GBP/USD

If you Guys has consolidation zone other than these pairs please post chart!

its helps us to compare and sort out where we will go!

very bad to see! FXH blocked me in main thread! thats why I post coments on took trades here:

I am in GBP/USD at 58255 (short)
whats your target!

Yes, you are now banned from my thread. I did it just after you posted these last examples. You could have posted them in the original thread, but you chose not to. So you got banned.

I have also asked the mods to delete this thread since you are obviously trying to hijack my thread and my system. I asked you to stop, but you continue. Only you know the reason why.

I am a fair person. If you have this thread deleted and agree to apologize to the regular members of the Stairstep system I will allow you back in right away. As always, the choice is yours. You can agree to cooperate, or you can continue to act out with your hurt feelings. Only you can decide what is best for you.

Hi khizer
I do not mean to disrespect, but you need to outline how your system different from FH. Explain it for newbies. It appears that a newbie won't be able to follow your system without explaining about your pictures that you are posting. Besides FH is claiming that you have stolen something him. Please explain your system. Newbies would really appreciate it.
Thank you.

FXFX

consolidation on GU but lets see where it goes.


and yes i am not using any thing from stairstep system,just indicator from SQ.My rules are different to enter and exit.

my entry and exit points are based on pivots.

Dear FXFX,

I think you didnt read first post! Please read it : http://www.forexfactory.com/showthread.php?t=314128

I am not offering here any thing new! I just want to establish collaborations between those member looking brake of CZ (consolidations) zone. This collaborations for sharing only charts! not has any other intention!

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

Honestly, and this is all I'll say about this, if you want to post and compare charts, this should be put in the "Trading Journals" section and not in it's own "Trading Systems" thread because you are not introducing your own trading system here, you are obviously repeating he same thread forexhard has started.

Why is the strategy profitable?

The breakout is a well known and documented strategy that is very profitable if traded properly. The key is direction of the price isn't necessary as the price breaks to produce profit. Bigger profits on the winners offset the losses.

Does ForexHard's system fall in this category? Absolutely but the system actually has additional features that sets it apart from a simple breakout system.

The continuous box idea does have merit and some technical basis. The box itself is centered on or close to an average line. Any large movement of the PA away from this average or median line is the breakout. The PA and this median line will meet again as the price reaches a top or bottom and then returns to the median line. The PA will then cross this line in the opposite direction of the first breakout and another breakout is produced.

Consolidation usually occurs after the US Open and before the London Open or before a big news event. An increase in volume along with an imbalance of sellers vs buyers pushes the PA off the median line. How far the PA deviates from this line depends on what made it move in that direction in the first place along with the amount of volume.

The time of day becomes paramount to large moves. A very fast move will result in a reversal almost as strong. Thus a breakout up results in a breakout down. Waiting for the PA to get back to the median line from a strong breakout to enter another trade is crazy. Why make only half the money when you can have it all? That's like telling a long haul trucker to take a load from NY to LA and then come back empty. He only gets paid per loaded mile so he would have to charge you double the rate.

All a trader has to do is place some SR indicators on the same chart to show price exhaustion and trade the breakouts and then the return.

I personally see no advantage of using the indicator except for highlighting some areas of consolidation and the alerts included in the indicator. If you're relatively new to trading then it will look like a great money maker which it can be. A more knowledgeable trader can get twice the pips and come close to getting the maximum pips as shown in the display panel and probably more.

Attached is the AUDUSD H1 chart showing the 10 day Daily moving average. This is an example of the median line moving to meet the price as the price reverses and goes up. Trading the upward move puts more pips in your pocket although no box exists.

I was banned from posting on ForexHard's thread which would have been sooner or later anyway as his comments about trading and to the new traders goes against my grain. I wouldn't have been able to keep my mouth shut very long. LOL. Another chance to turn a good system into a great system gone again here on FF.

A system only becomes great when many minds participate in it's evolution. Leading with a closed mind never works. The American automobile companies found this out almost too late as their management style of "Holy then Thou" failed against the foreign competitors.

There seems to be a number of similar momentum systems on FF and other sites and all have the same limitations. They are directionally challenged with no idea where the PA is likely to reverse. The originators of these threads all have the same story of nothing else works.

The truth is they couldn't understand it so therefore it doesn't work for them. Nobody ever said this game is easy to understand much less make a living doing it.

Trade well and prosper,

Johnny

can u please post spread of cross pairs u are trading? which broker are u using?

&

I dont think there is need to ban FX,i belive his ego will kill his thread by it self.

Scott,

He hasn't yet but he soon will and all the posters here who have been banned from ForexHard's thread will help him.

Honestly Scott you're just to nice a guy to be hanging around this egotist. I've never seen a guy like this one before. He's unbelievable. He treats people like toilet paper.

Come join the fun but leave your friend at home,

Johnny

Who's FX? I thought it was FH.

Sorry, I mean FH.....

Hey khizer,

You don't need that guy putting you down so let it go. Continue this thread and we will discuss and ask questions all we want without any name calling.

Tell him to go pound salt up his hard one.

Johnny

Hi khizer,
I really dont mean to offend anyone here. I am concerned about newbies who will read your thread without outlined rules you created. It is so confusing already with all the systems that are being offered here in FF. So please outline your strategy in black and white so the Administrators of FF will decide if you have something else to offer.

FxFx

Dear FXFX,

I dont know how i explain you. I am not offering here any system!

Its just for posting Charts some time you will face error in your platform, than new CZ never shows in your platform.

This thread helps you to determine in which pair new cz created!

if you want to learn about this system please go to main thread: http://www.forexfactory.com/showthread.php?t=302007


Its nice if some one else explain him, the aim of this thread!

your post realy helpfull. dont understand why you baned in his thread!

regarding ban forexHard:
1- Its not possible for me.
2- He never yet understand main focus of this thread! its just to focus new opportunities, not for neglicting main thread. I request him to please read my last reply again: http://www.forexfactory.com/showthre...75#post4944975

Dear Friends,

Please check your platform, and let me know if you found any new CZ in any pair.

My platform only shows bellow 5 new CZs.

Thank you for clarifying that you are not offering a system. Then your thread should not be here but somewhere else like interactive thread. This thread is just another clutter for the "Trading Systems" thread.

FxFx,

If you're so concerned about protecting the newbies then you better switch to ForexHard's StairStep thread as they are thrown to the wolves on that thread. According to FH the newbs don't read and are made to stand in the corner until Sunday. If they ask anybody else the question they get banned from the thread.

My Daughter had a witch for a Sunday school teacher who answered all questions like this; "Read the bible and shutup". Real nice person. Sounds like some thread originators on FF.

Johnny