A Simple London Breakout V.2 | Page 68 | Forex Factory

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A Simple London Breakout V.2

  • #1,341
  • Nov 5, 2015 11:35pm Nov 5, 2015 11:35pm
hi toppo qqq,

thank u for your invite. two or three weeks i will join your team
  • #1,342
  • Nov 6, 2015 2:45pm Nov 6, 2015 2:45pm
Hi sabari and global168, nice to see you guys joining.

With GBPJPY, an extra opportunity for a good profit. This broker is IFCMarket. A profit/loss with trailing EA was used. Will be testing 3 different settings with this EA with two more brokers, FXDD and FxOpen to compare the setting. For your reference, am zipping them. Have a nice weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-07 05_27_48-- [GBPJPY,H1].png Size: 62 KB

Attached File(s)
File Type: zip MM weekly breakout.zip   6 KB | 969 downloads
  • #1,343
  • Nov 7, 2015 9:52pm Nov 7, 2015 9:52pm
Nice one toppo. Eight pairs for testing.
  • #1,344
  • Nov 9, 2015 6:39pm Nov 9, 2015 6:39pm
So, the Monday ranges have been set, and stop orders were placed.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-10 08_40_44-120041822_ FXOpenUK-ECN Demo Server - Demo Account - [EURUSD,H1].png Size: 143 KB

I'll be testing 3 different settings for YES MM ea.
Attached Image

Let's see how it goes.
  • #1,345
  • Nov 9, 2015 7:01pm Nov 9, 2015 7:01pm
Good luck. For now I am manual. Long USDJPY and short GBPUSD.
  • #1,346
  • Nov 9, 2015 9:40pm Nov 9, 2015 9:40pm
Hello there,
I finally finished reading the entire 68 page thread . I must say there was a bit of confusion when it came around to talking about an automatic EA . I have placed v3.2b on my charts and will start watching it tomorrow. I will try and post some of my results. I hope people are still involved with this thread. Its been a very nice read.
Know your edge and trade within it
  • #1,347
  • Nov 10, 2015 5:54am Nov 10, 2015 5:54am
EURUSD short trade 1.0729
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15_BO.png Size: 57 KB
Know your edge and trade within it
  • #1,348
  • Nov 10, 2015 7:24am Nov 10, 2015 7:24am
EURUSD short trade update. I added 2 more when price moved back into the box. Just about to get target one off.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15_BO_trg.png Size: 48 KB
Know your edge and trade within it
  • #1,349
  • Edited 8:43am Nov 10, 2015 8:21am | Edited 8:43am
Here is a quick AUDUSD short trade about to hit target 1. I just had one on for this one since I am just now trying out the system.

UPDATE : This trade has now hit its target.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15_bo.png Size: 49 KB
Know your edge and trade within it
  • #1,350
  • Nov 10, 2015 7:14pm Nov 10, 2015 7:14pm
M15 Time Frame? I am sticking to the weekly London Breakout idea which refers to H1, unless i've got it all wrong?
  • #1,351
  • Nov 11, 2015 2:41am Nov 11, 2015 2:41am
Quoting global168
M15 Time Frame? I am sticking to the weekly London Breakout idea which refers to H1, unless i've got it all wrong?
All of mer071898 charts are 15 mins. If you look at the first post in the thread mer071898 states that this method will be using 15min charts.
Know your edge and trade within it
  • #1,352
  • Nov 11, 2015 5:20am Nov 11, 2015 5:20am
Good morning. Two early trades EURUSD and AUDUSD short. Anyone else trading this?
Know your edge and trade within it
  • #1,353
  • Nov 11, 2015 5:25am Nov 11, 2015 5:25am
AUDUSD about to hit target #1
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15_11_11_15.png Size: 55 KB
Know your edge and trade within it
  • #1,354
  • Nov 11, 2015 6:03am Nov 11, 2015 6:03am
EURUSD breakout short about to hit target 1 .
Know your edge and trade within it
  • #1,355
  • Nov 11, 2015 7:11am Nov 11, 2015 7:11am
EURUSD first target hit!
Know your edge and trade within it
  • #1,356
  • Nov 11, 2015 1:31pm Nov 11, 2015 1:31pm
Great! Very interesting system at all. I am in. Subscribed.
Greed and fear kills traders
  • #1,357
  • Nov 11, 2015 1:39pm Nov 11, 2015 1:39pm
Cool @foxtraderGBP, I have been following the system for the past few days. Seem very promising. We should work on it a bit more and get a few more posts with charts flowing in the thread.
Know your edge and trade within it
  • #1,358
  • Nov 12, 2015 4:47am Nov 12, 2015 4:47am
Quoting fxtrader29ca
Cool @foxtraderGBP, I have been following the system for the past few days. Seem very promising. We should work on it a bit more and get a few more posts with charts flowing in the thread.
Hi Fxtrader,

where should I start reading from if I wanna keep myself up to date with this strategy?

Regards,
Kelvin
  • #1,359
  • Nov 12, 2015 6:34am Nov 12, 2015 6:34am
Quoting Fotovinic
{quote} Hi Fxtrader, where should I start reading from if I wanna keep myself up to date with this strategy? Regards, Kelvin
The firste 5 or so pages should get your up to speed. I am just doing manual entries at the moment. I would look at all of the charting examples. Its not very difficult to pick up once you look at the examples.
Know your edge and trade within it
  • #1,360
  • Nov 12, 2015 7:16am Nov 12, 2015 7:16am
AUDUSD short in play at the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15_nov12th.png Size: 46 KB
Know your edge and trade within it
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