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Mika's Breakout strategy

  • #401
  • Feb 2, 2015 2:47am Feb 2, 2015 2:47am
some pairs setting up. just waiting for close of bar
Reaction is better than Prediction
  • #402
  • Feb 2, 2015 2:53am Feb 2, 2015 2:53am
Quoting mikajap
some pairs setting up. just waiting for close of bar

which ?
  • #403
  • Feb 2, 2015 3:12am Feb 2, 2015 3:12am
Quoting mikajap
some pairs setting up. just waiting for close of bar
Is this a good set up to take?
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Not searching for unusual subject matter but making the commonplace unusual
  • #404
  • Feb 2, 2015 3:14am Feb 2, 2015 3:14am
already short GU 4h target 40 pip. let see
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  • #405
  • Feb 2, 2015 3:18am Feb 2, 2015 3:18am
Quoting periphery
already short GU 4h target 40 pip. let see {image}
Hey bro. Is that really GU H4? It's totally no the same as mine.
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Not searching for unusual subject matter but making the commonplace unusual
  • #406
  • Feb 2, 2015 3:31am Feb 2, 2015 3:31am
Quoting vintex
{quote} Hey bro. Is that really GU H4? It's totally no the same as mine. {image}
u can see my bigger pic. why mine have arrow and u dont?
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  • #407
  • Feb 2, 2015 3:36am Feb 2, 2015 3:36am
Quoting periphery
{quote} why mine have arrow and u dont? {image}
It is a cause of different time zones (Broker)

Have a Nice day guyz!
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #408
  • Feb 2, 2015 4:49am Feb 2, 2015 4:49am
Quoting periphery
already short GU 4h target 40 pip. let see {image}

1 pip to tp then i bounce back . manual close.
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  • #409
  • Feb 2, 2015 5:18am Feb 2, 2015 5:18am
Quoting vintex
{quote} Is this a good set up to take? {image}
yes it's good,

i took an AUDUSD, still no action yet

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Reaction is better than Prediction
  • #410
  • Feb 2, 2015 5:31am Feb 2, 2015 5:31am
Thanks Mika,

Thanks for sharing your system. this is first time i am feeling confidence in trading i got six profits no loss.
i will try to follow your rules strictly.

Thanks again for helping us.
  • #411
  • Feb 2, 2015 5:58am Feb 2, 2015 5:58am
Quoting Rajsingh
Thanks Mika, Thanks for sharing your system. this is first time i am feeling confidence in trading i got six profits no loss. i will try to follow your rules strictly. Thanks again for helping us.
Six profits for today? My trades all got SL today.
Not searching for unusual subject matter but making the commonplace unusual
  • #412
  • Feb 2, 2015 6:38am Feb 2, 2015 6:38am
Welcome to Mika trade... I am also new to this last week, last week was a good week with a lot of TP..
Hi vintex, which TF you trading at?
  • #413
  • Feb 2, 2015 6:45am Feb 2, 2015 6:45am
Quoting Rajsingh
Thanks Mika, Thanks for sharing your system. this is first time i am feeling confidence in trading i got six profits no loss. i will try to follow your rules strictly. Thanks again for helping us.
Hi Rajsingh, such an incredible result. Mind to share with us more? thanks.
  • #414
  • Feb 2, 2015 8:11am Feb 2, 2015 8:11am
Quoting happytrade38
Welcome to Mika trade... I am also new to this last week, last week was a good week with a lot of TP.. Hi vintex, which TF you trading at?
I trade with 1H TF during Londong session.

GBP/CHF SL -58pips
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AUD/JPY SL -30pips
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EUR/CHF SL -44pips
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Will be good if you can tell me where am I doing wrong.
Thanks anyway! Hope it will be better tomorrow.
Not searching for unusual subject matter but making the commonplace unusual
  • #415
  • Feb 2, 2015 8:21am Feb 2, 2015 8:21am
Having a bad day..
SL again.
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  • #416
  • Feb 2, 2015 8:35am Feb 2, 2015 8:35am
Quoting vintex
{quote} I trade with 1H TF during Londong session. GBP/CHF SL -58pips {image} AUD/JPY SL -30pips {image} EUR/CHF SL -44pips {image} Will be good if you can tell me where am I doing wrong. Thanks anyway! Hope it will be better tomorrow.
So sorry about your trades. Well, I trade only H4 TF, as I don't wish to stay in front of PC for long time.
Today have only 2 trades (USDCAD and EURGBP), in net I am also -44pip. But last week was a good pips..
  • #417
  • Feb 2, 2015 8:45am Feb 2, 2015 8:45am
Quoting vintex
{quote} I trade with 1H TF during Londong session. GBP/CHF SL -58pips {image} AUD/JPY SL -30pips {image} EUR/CHF SL -44pips {image} Will be good if you can tell me where am I doing wrong. Thanks anyway! Hope it will be better tomorrow.
Need to wait Mika.... I'm interested too
  • #418
  • Feb 2, 2015 8:48am Feb 2, 2015 8:48am
Quoting happytrade38
{quote} So sorry about your trades. Well, I trade only H4 TF, as I don't wish to stay in front of PC for long time. Today have only 2 trades (USDCAD and EURGBP), in net I am also -44pip. But last week was a good pips..
Yea, I used to demo last week and have great result.
This is the first day I live trading and end up like this.. O_O
Not searching for unusual subject matter but making the commonplace unusual
  • #419
  • Feb 2, 2015 8:58am Feb 2, 2015 8:58am
Quoting vintex
{quote} I trade with 1H TF during Londong session. GBP/CHF SL -58pips {image} AUD/JPY SL -30pips {image} EUR/CHF SL -44pips {image} Will be good if you can tell me where am I doing wrong. Thanks anyway! Hope it will be better tomorrow.
hey,
you are doing it right. Losing is part of it. If i loss 2 trades, i stop trading for today.

You might also like to select some pairs,
it does work with all pairs but i think you can filter out which is best to take.

example
sell setup on eurusd and eurjpy,
usdpy is bearish(jpy is stronger)

so pick the eurjpy setup instead of the eurusd.

also dont over trade, specially on live account. its OK in demo to test. But live is different. Requires some extra discretion.

Mika
Reaction is better than Prediction
  • #420
  • Feb 2, 2015 9:13am Feb 2, 2015 9:13am
Quoting mikajap
{quote} hey, you are doing it right. Losing is part of it. If i loss 2 trades, i stop trading for today. You might also like to select some pairs, it does work with all pairs but i think you can filter out which is best to take. example sell setup on eurusd and eurjpy, usdpy is bearish(jpy is stronger) so pick the eurjpy setup instead of the eurusd. also dont over trade, specially on live account. its OK in demo to test. But live is different. Requires some extra discretion. Mika
Okay, I got it mika. Thank you for your guidance.
Will take your suggestion. Let's hope we have a great day tomorrow!
Thanks!
Not searching for unusual subject matter but making the commonplace unusual
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