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  • #5,501
  • Feb 19, 2013 12:19pm Feb 19, 2013 12:19pm
Quoting Jayf19
What I woke up to

EJ15M = +62.5
EA15M = +80.0

Oh and I also have 2 opened positions currently at +40 + each. Will post when they close.
GJ15M = + 105 pips (1:2.57)

My first 100 pips trade ... too bad this system doesn't offer any edge whatsoever, I wonder how many pips i could have grabbed!
Attached Image (click to enlarge)
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  • #5,502
  • Feb 19, 2013 12:24pm Feb 19, 2013 12:24pm
GU and EG
GU 34.7 pips EG 15.4+15 locked with a TS
Been busy with one of my cleaners, a car drove into the building and I was shut down for 10 days
Back to normal this AM
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  • #5,503
  • Feb 19, 2013 12:27pm Feb 19, 2013 12:27pm
Some day a MT4 geek will make up a dashboard indi based on the this indi to scan all pairs and look for potential CZ's

Just putting it out there
  • #5,504
  • Feb 19, 2013 5:54pm Feb 19, 2013 5:54pm
Sorry to say it was a very bad day for eurusd, whipsaw to death ....
I don t take any trade - i just saw it and everybody shows only good trades so i think its good to show the other side of live ....
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  • #5,505
  • Feb 19, 2013 7:35pm Feb 19, 2013 7:35pm
Quoting Zendo
Sorry to say it was a very bad day for eurusd, whipsaw to death ....
I don t take any trade - i just saw it and everybody shows only good trades so i think its good to show the other side of live ....
Try that exact same chart again, but this time set the EMA filter = True.
To improve is to change. To perfect, is to change often.
  • #5,506
  • Feb 19, 2013 7:52pm Feb 19, 2013 7:52pm
Quoting forexhard
Try that exact same chart again, but this time set the EMA filter = True.
Grr such a tease!

  • #5,507
  • Feb 19, 2013 11:10pm Feb 19, 2013 11:10pm
Quoting Zendo
Sorry to say it was a very bad day for eurusd, whipsaw to death ....
I don t take any trade - i just saw it and everybody shows only good trades so i think its good to show the other side of live ....
Actually Zendo, if the first short trade had gone for a Tp of 25 pips it would have a successful trade. So its really an issue of trade management.
  • #5,508
  • Feb 20, 2013 1:00am Feb 20, 2013 1:00am
I took 70 pips from EUR/USD last night, granted it has been open from the 14th but it was a success.
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  • #5,509
  • Feb 20, 2013 3:46am Feb 20, 2013 3:46am
I think I'll give this one a miss.
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  • #5,510
  • Feb 20, 2013 4:13am Feb 20, 2013 4:13am
This played out well!
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  • #5,511
  • Feb 20, 2013 4:41am Feb 20, 2013 4:41am
Doesn't get much better - I'm out++
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  • #5,512
  • Feb 20, 2013 5:56am Feb 20, 2013 5:56am
c345 pls where can i get that pivot indicator of urs
emotions when not properly managed acts as bariers
  • #5,513
  • Feb 20, 2013 6:06am Feb 20, 2013 6:06am
Quoting primefx
c345 pls where can i get that pivot indicator of urs
Think this is the one you want
Attached File(s)
File Type: mq4 PivotsD_v5.mq4   32 KB | 421 downloads
  • #5,514
  • Feb 20, 2013 7:53am Feb 20, 2013 7:53am
CHFJPY15M : S/L hit @ 25.6 pips (R:R was set to 1 : 3.125) In retrospect, I could have gone out with a 1:2 even though my settings were aiming for an 80 pips; or at the very least, once the 1:2 had been reached I could have brought the S/L to BE+. Anyhow, it can't be all winners so I'm not giving much more than this into it .
Attached Image (click to enlarge)
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  • #5,515
  • Feb 20, 2013 10:04am Feb 20, 2013 10:04am
cashed in a juicy move from aus usd pic attached ....

jay thanks for the advice i looked at my cable cz then did it again another few times it did look a bit too unwieldy. ill go back and review my fundamentals in the near future
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  • #5,516
  • Feb 20, 2013 10:38am Feb 20, 2013 10:38am
Quoting Jayf19
CHFJPY15M : S/L hit @ 25.6 pips (R:R was set to 1 : 3.125) In retrospect, I could have gone out with a 1:2 even though my settings were aiming for an 80 pips; or at the very least, once the 1:2 had been reached I could have brought the S/L to BE+. Anyhow, it can't be all winners so I'm not giving much more than this into it .
Wow that stinks C/J has done well with
SSBO
  • #5,517
  • Feb 20, 2013 12:15pm Feb 20, 2013 12:15pm
Quoting Jayf19
CHFJPY15M : S/L hit @ 25.6 pips (R:R was set to 1 : 3.125) In retrospect, I could have gone out with a 1:2 even though my settings were aiming for an 80 pips; or at the very least, once the 1:2 had been reached I could have brought the S/L to BE+. Anyhow, it can't be all winners so I'm not giving much more than this into it .
Sorry Jay, time for a little tough love. Time to get the J-train back on track:

If this pic is an example of your normal trading goals, then you aren't really using SSBO. SSBO is a breakout system. I have never promised, or even encouraged for that matter, pip targets of 80-90-100 pips. Because that isn't breakout trading.

The indi is intended to help you locate one vital piece of information, and only one. Any information besides this that you might glean from it is purely incidental, peripheral to the core issue. It seems that lately a lot of you guys have been switching that around, and the peripheral has become the primary, having been carried away by the wide variety of dashboard bells and whistles. And when that happens you lose your way, hunting for regular 100p payputs instead of 30. That is not sniping; that is not breakout trading.

So stop misusing the dashboard guys and get back on track. Place your focus where it belongs, and allow the indi to help you pick out a realistic breakout pip target.

So alright then, who can tell me what the one vital piece of info is, above everything else showing on the dashboard? It's been said before, back when things were simpler. It's just been lost sight of in the fog of dreaming for huge triple-digit payouts, but it's still there, so obvious and so easy to overlook. So what is it? And remember, I didn't say the indi gives it to you, I said it helps you to locate it...
To improve is to change. To perfect, is to change often.
  • #5,518
  • Feb 20, 2013 12:21pm Feb 20, 2013 12:21pm
Good one for the day and it looks like the next cz is forming already!
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  • #5,519
  • Feb 20, 2013 12:25pm Feb 20, 2013 12:25pm
Quoting forexhard
So alright then, who can tell me what the one vital piece of info is, above everything else showing on the dashboard?
The number of cz's per week.
  • #5,520
  • Feb 20, 2013 12:43pm Feb 20, 2013 12:43pm
Quoting forexhard
Sorry Jay, time for a little tough love. Time to get the J-train back on track:

If this pic is an example of your normal trading goals, then you aren't really using SSBO. SSBO is a breakout system. I have never promised, or even encouraged for that matter, pip targets of 80-90-100 pips. Because that isn't breakout trading.

The indi is intended to help you locate one vital piece of information, and only one. Any information besides this that you might glean from it...

The indie/dashboard is there to help us locate the very best CZ's possible....

I guess I gotta take a step back and reflect on my approach a bit... I understand that I can't be on the hunt for 60-100 pips all the time on every pairs, I just figured that since G/J, C/J, and other exotics have such huge movements that focusing on larger "breakouts movements" would be sensible; while other pairs such as G/U, which have a different behavior, would be more "conservative". Guess I got lost along the way.

I'll have to figure out a way to make this work focusing solely on the initial breakout and maintaining a decent R:R.
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