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Simple Break System

  • #41
  • Mar 15, 2017 8:39am Mar 15, 2017 8:39am
Quoting grandfather.
{quote} In the period H4 the sma is 120 and no 80.
hmmm... can you explain, how you come on 120?
  • #42
  • Mar 15, 2017 10:19am Mar 15, 2017 10:19am
Entry on EURUSD on break that ?
correct?
Attached Image (click to enlarge)
Click to Enlarge Name: EU break is that correct.png Size: 49 KB
  • #43
  • Edited 1:36pm Mar 15, 2017 11:23am | Edited 1:36pm
Quoting Kubiasty
Entry on EURUSD on break that ? correct? {image}
Looks good.

A more aggressive entry could perhaps have been here (certainly if you were looking to scalp)...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1amoreaggresiveentryperhaps15thMarch17close.png Size: 40 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1amoreaggresiveentryperhaps15thMarch17wide.png Size: 46 KB


EDIT: You would then have the option of adding to your position at the other level if it did indeed continue on.
  • #44
  • Edited 1:13pm Mar 15, 2017 12:11pm | Edited 1:13pm
EURUSD H1 oppened:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDbH1.png Size: 40 KB


EDIT:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD update.png Size: 63 KB
  • #45
  • Mar 15, 2017 1:33pm Mar 15, 2017 1:33pm
Lol - well that worked. Good call, Kubiasty, good call.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1heeheeheethatworked15thMarch17.png Size: 47 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1heeheeheethatworked15thMarch17close.png Size: 41 KB
  • #46
  • Mar 16, 2017 1:00am Mar 16, 2017 1:00am
I caught this move too!

Another one in GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
Attached Image
  • #47
  • Mar 16, 2017 2:34am Mar 16, 2017 2:34am
Quoting Kubiasty
Entry on EURUSD on break that ? correct? {image}
For me the correct entry it's after (green circle):

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 (03-16-2017 0826).png Size: 41 KB


It's more powerful when the pullback don't cross the moving average.
  • #48
  • Mar 16, 2017 2:57am Mar 16, 2017 2:57am
Quoting Apost
I caught this move too! Another one in GBPJPY {image} {image}
Nice !
  • #49
  • Mar 16, 2017 3:28am Mar 16, 2017 3:28am
how many trade per day that we can?
  • #50
  • Mar 16, 2017 5:04am Mar 16, 2017 5:04am
Quoting Stonyheart
{quote} For me the correct entry it's after (green circle): {image} It's more powerful when the pullback don't cross the moving average.
Hi

How about other red candles located before the purple circle? Thet have not crossed the sma too.
Regards
  • #51
  • Mar 16, 2017 5:36am Mar 16, 2017 5:36am
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 28 KB


Hi stonyheart , do you think orders like these are corrects or something is wrong ?
  • #52
  • Edited 4:16pm Mar 16, 2017 9:37am | Edited 4:16pm
EURAUD trying long:

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD long.png Size: 51 KB


EDIT:
+50
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 52 KB
  • #53
  • Mar 16, 2017 1:20pm Mar 16, 2017 1:20pm
Hi Stonyheart,

I like your approach.
Attached Image (click to enlarge)
Click to Enlarge Name: 16th mar 17 AUD:USD H1 Short trade.png Size: 98 KB
  • #54
  • Mar 16, 2017 9:53pm Mar 16, 2017 9:53pm
i should wait for the close of the candle right before placing any order? is it the right technique?
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 39 KB
Risk comes from not knowing what you're doing.
  • #55
  • Mar 17, 2017 1:58am Mar 17, 2017 1:58am
Quoting stevepatt
Hi Stonyheart, I like your approach. {image}
AUD/USD Short Trade Result

(-15 Pips) (-0.5R)

AUD/USD H1 Long Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 17th Mar 17 AUD:USD Short Trade Result:Long Trade.png Size: 104 KB
  • #56
  • Mar 17, 2017 2:37am Mar 17, 2017 2:37am
Quoting mummylao
how many trade per day that we can?
Depends on your timeframe, I advise you to start on the minimum h1 and more timeframe
  • #57
  • Mar 17, 2017 2:40am Mar 17, 2017 2:40am
Quoting vmatteo23
{image} Hi stonyheart , do you think orders like these are corrects or something is wrong ?
not, read my first post, you need Break moving average, Pullback, And break of s/r which has just been formed.
  • #58
  • Mar 17, 2017 2:42am Mar 17, 2017 2:42am
Quoting Fizie
i should wait for the close of the candle right before placing any order? is it the right technique? {image}
no you can enter during break or you can place a pending order. yes it's right signal
  • #59
  • Mar 17, 2017 2:50am Mar 17, 2017 2:50am
Quoting stevepatt
{quote} AUD/USD Short Trade Result (-15 Pips) (-0.5R) AUD/USD H1 Long Trade {image}
i never close my trade if i am not at least in breakeven or stopped
  • #60
  • Apr 11, 2017 1:00pm Apr 11, 2017 1:00pm
Hi,

Nice simple strategy if used in conjunction with market structure can certainly bring home the pips.

I personally like using the Kijun Sen line of the Ichimoku indictaor instead of a standard moving average.

Trend - Retrace - Enter.......Bish Bash Bosh, whats not to like
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