A Little Breakout Here and There

Several other set ups left without me, but a couple of others triggered and are still in play. AC attached is one of those going up and down at present.

GU now triggered longs with conservative targets based on much uncertainty in current market conditions as mentioned earlier.

TP 1 immediately hit, adjusted stops on TP2 AND TP3 and taken 50%. No pressure now.

That market uncertainty I mentioned earlier spiked me out of AC.....tough to control at that speed!

One from my stable (I've started to call them ''Ploppers'' - I can't help it!). Coming down from a new extreme (here High).

EURJPY H4

I will now be taking a back seat with this thread. I'll maybe post a trade now and then and see if someone can make the system more relaible/consistent but will be concentrating more on my ADX trading(easier and more reliable), partly due to time limitations and not being able to develop my system in a manner I would have liked At the moment it's a working concept that still requires lots of tinkering. I'm finding my method of trading ADX easier and more enjoyable with multiple setups occurring every da, although I'm a bit reluctant to start a systems thread devoted to it, rather I'll post traes in a journal. Happy trading!

[quote=HarryPlopper;9264488]I will now be taking a back seat with this thread. I'll maybe post a trade now and then and see if someone can make the system more relaible/consistent but will be concentrating more on my ADX trading(easier and more reliable), partly due to time limitations and not being able to develop my system in a manner I would have liked At the moment it's a working concept that still requires lots of tinkering. I'm finding my method of trading ADX easier and more enjoyable with multiple setups occurring every da, although I'm a bit reluctant to start a systems thread devoted to it, rather I'll post traes in a journal. Happy trading![/quote

No worries, HP. Sorry it didn't work out the way you had hoped. If it's any consolation (probably not ) I am sure my own and Landline's preferred variants will continue to produce the goods. Hope your ADX brings you pips anyway and maybe our paths will cross somewhere along the way.

Hi H, I fully understand you, and I think we are all to blame, mainly due to each individuals preference to the kind of signal that each trader trades.

I'm no different in that respect, and whilst I am continuing with your core principle from the beginning, I have made adjustments to suit the way that I like to trade, and I have found your comments rewarding, along with a particular liking for your 3 Bar Swing indicator that you posted a while back, which makes the signal detection a lot easier to spot (at least in the way I use it anyway!)

Anyhow, thanks for your inputs throughout this thread, (I like your thinking), and as I said previously, I'll keep an eye on your ADX thread, as I'm sure many will, to see whether it can complement my current approaches to the various techniques I currently use.

Good luck

LL

sure, no problem Landline and lemercenaire glad to have provided some inspiration for you good luck with your trading

Is this strategy profitable?