It's a simple method... More explore.. I like it
There are no secret patterns and there will never be one 381 replies
Nice Little Trade here on EUR/USD 1 reply
Little Confused here !!!!! 7 replies
Looking for a little advise here 5 replies
DislikedNothing triggered yesterday, but 2 out of my 3 have today. NU simply took off without me, but my levels are still valid for now so those pendings will remain for the time being. Anyway I've used h4 instead of h1 for now because it's easier in terms of monitoring once every 4 hrs if nothing else, here's GU. I have several pending long sets. I set is in play. Further longs are waiting to trigger. As I said earlier, my plan (along the lines of HPs idea) is still being developed, but in general I think it is a relatively safe concept that he has, providing...Ignored
Disliked{quote} hi Landline, thanks very much for your contribution! I'd be most interested to know what TP,SL you're using on 4hr. Or any other filters you might be using. I've been working on a different system past few days using fractals and these perhaps could be used in conjunction with the main setup covered in this thread. Still investigating!Ignored
DislikedLandline, very good! On 4hr charts, I think there could be quite a high probability of trades running for at least 10 pips upon the break of the breakout bar. Another option to explore could be to enter trade at the open of the next bar following the breakout bar, rather than the break of its high or lowIgnored
Dislikedi want to trade on the daily chart,what would be the best ATR setting?Ignored
DislikedA short entry set has triggered on retracement on CADJPY this morning from the m15 t/f in this instance. This is some small evidence for now that smaller t/fs can still be effective. Tp1 was nearly hit on the initial continuation.....we will see what happens {image}Ignored
Disliked{quote} Btw, how is the fractal system going that you mentioned before that you felt might enhance your method further, any progress?Ignored
Disliked{quote} hi Landline, glad to see you're refining this to a method that works for you. The fractal idea was something I looked at a bit as a kind of filter but I think it might produce far too many false signals or let pips get away. Basic idea was is to wait for a fractal break to occur first followed by the 2 bar close. The 2bar close can actually be the bar that breaks the fractal. Just an idea... {image}Ignored