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Mika's Breakout strategy

  • #101
  • Jan 19, 2015 12:16pm Jan 19, 2015 12:16pm
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fxcm feeds reach 178.350
  • #102
  • Jan 19, 2015 12:21pm Jan 19, 2015 12:21pm
fxpro also reach 178.350 on GBPJPY

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  • #103
  • Jan 19, 2015 4:22pm Jan 19, 2015 4:22pm
Quoting mikajap
{quote} try to use on M5 and above and see if still same problem. im not sure, because im not a programmer, but i dont use it on 1minute. I have been using that indi for months on M15 and H1 with no problems. Mika
i have the same problem on 15 minutes too
  • #104
  • Jan 19, 2015 5:39pm Jan 19, 2015 5:39pm
Mika, can I ask what indications you are looking for when you decide to have a t/p of double the channel width.
Many Thanks
Geoff
  • #105
  • Jan 19, 2015 11:17pm Jan 19, 2015 11:17pm
Quoting mario777
{quote} i have the same problem on 15 minutes too
Try to use another platform and use latest Mt4 build.
Reaction is better than Prediction
  • #106
  • Jan 19, 2015 11:19pm Jan 19, 2015 11:19pm
Quoting GEOFFREY62
Mika, can I ask what indications you are looking for when you decide to have a t/p of double the channel width. Many Thanks Geoff
my initial tp is always 1X channel. I tp 2X when i caught a strong breakout when its reaching 1X channel.

When i move to TP 2X channel, my stop has to be moved to breakeven already.
Reaction is better than Prediction
  • #107
  • Jan 19, 2015 11:21pm Jan 19, 2015 11:21pm
mika

u have EA for your method ?
  • #108
  • Jan 19, 2015 11:26pm Jan 19, 2015 11:26pm
Quoting bassemmixez
mika u have EA for your method ?
none. i trade this manual
Reaction is better than Prediction
  • #109
  • Jan 20, 2015 2:45am Jan 20, 2015 2:45am
Quoting mikajap
{quote} none. i trade this manual
ok
any chance today
  • #110
  • Jan 20, 2015 3:11am Jan 20, 2015 3:11am
two trades today...
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  • #111
  • Jan 20, 2015 3:44am Jan 20, 2015 3:44am
doesn't your stop a bit too tight?
  • #112
  • Jan 20, 2015 3:47am Jan 20, 2015 3:47am
Quoting Clipi
two trades today... {image} {image}
great, on EG, as per rules there are no trades since CCI is oversold. it should only be Pink

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Reaction is better than Prediction
  • #113
  • Jan 20, 2015 3:49am Jan 20, 2015 3:49am
EURAUD is a valid setup

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Reaction is better than Prediction
  • #114
  • Jan 20, 2015 3:52am Jan 20, 2015 3:52am
Quoting benulam
doesn't your stop a bit too tight?
you can set any stop you prefer. I just use the upper channel for short trades. lower channel for long trades
Reaction is better than Prediction
  • #115
  • Jan 20, 2015 4:10am Jan 20, 2015 4:10am
so you use the height shown in the bottom right of the screen?
  • #116
  • Jan 20, 2015 5:34am Jan 20, 2015 5:34am
Quoting Clipi
so you use the height shown in the bottom right of the screen?
i use as TP. either X1 or X2 for strong Breakout.

SL is on Upper/Lower channel or swing High/Low (whichever you are comfortable)
Reaction is better than Prediction
  • #117
  • Jan 20, 2015 5:55am Jan 20, 2015 5:55am
EJ setup but im done trading for today

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Reaction is better than Prediction
  • #118
  • Jan 20, 2015 5:56am Jan 20, 2015 5:56am
AUDJPY Setup almost TP

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  • #119
  • Jan 20, 2015 5:59am Jan 20, 2015 5:59am
great work
  • #120
  • Jan 20, 2015 5:59am Jan 20, 2015 5:59am
Quoting mikajap
{quote} Try to use another platform and use latest Mt4 build.
mika what platform are you using? Im using ICmarket build 765. I noticed it has same problem with 1H.
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