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The Daily Break Out Strategy

  • #21
  • Jun 8, 2017 10:18pm Jun 8, 2017 10:18pm
UJ Gave some loosing trades yesteray, but I am long again.

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  • #22
  • Jun 8, 2017 10:25pm Jun 8, 2017 10:25pm
Current AU LONG TRade.

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  • #23
  • Jun 8, 2017 10:31pm Jun 8, 2017 10:31pm
Quoting abhirag
This GU trade was taken yesterday. {image}

I have moved my SL to 1.2807
  • #24
  • Jun 12, 2017 6:00am Jun 12, 2017 6:00am
hi Abhirag,

thanks for sharing your system..
this is my first post on here.. : )
could you pls let me know some background on the system..if you dont mind some of my questions..

as in for how long have you been using this system?
could you let me know on average how many pips you make in a week or in a month..
have you had any losing weeks or losing months? or does this system turn out to be profitable at the end of the week..even if you have losing trades in the week..
how many pairs do you trade using this system..and how many trades do you take per day..
have you had losing days in a row..
what would you say is the winning percentage of this system..

you answers would give me some confidence in trading your system..
i will really appreciate it..

thanks in advance..
  • #25
  • Jun 16, 2017 2:10am Jun 16, 2017 2:10am
Quoting Skynet2
hi Abhirag, thanks for sharing your system.. this is my first post on here.. : ) could you pls let me know some background on the system..if you dont mind some of my questions.. as in for how long have you been using this system? could you let me know on average how many pips you make in a week or in a month.. have you had any losing weeks or losing months? or does this system turn out to be profitable at the end of the week..even if you have losing trades in the week.. how many pairs do you trade using this system..and how many trades do you take...

Honestly, i have recently observed this and planned to put it into a strategy. I have been testing in demo and so far i observed that it gives you break even during consolidation and big profits when market catch the trend.

Yes, there are days with certain pairs (Specially GU), when i got stopped out both ways. As far as number of trades are concerned, it depends if markets break the daily high/low, if it does and i see a trading opportunity i jump into it.

I am working on getting it automated by EA, i will test it on DEMO for few months, once confirmed profitable i will put real money.

So far, with manual trading and just checking the chart history, i find it very profitable.
  • #26
  • Jul 7, 2017 2:20am Jul 7, 2017 2:20am
Quoting abhirag
{quote} Honestly, i have recently observed this and planned to put it into a strategy. I have been testing in demo and so far i observed that it gives you break even during consolidation and big profits when market catch the trend. Yes, there are days with certain pairs (Specially GU), when i got stopped out both ways. As far as number of trades are concerned, it depends if markets break the daily high/low, if it does and i see a trading opportunity i jump into it. I am working on getting it automated by EA, i will test it on DEMO for few months,...

hi Abhiraj,

thanks for your feedback..
how are you..
how are your results going on so far up to today..
is it still profitable..
did you manage to create an ea for your strategy..

could you please share the ea with me also Abhiraj..
i would like to hear from you..

: )
  • #27
  • Sep 8, 2017 3:27pm Sep 8, 2017 3:27pm
Which session break? Ny or london
  • #28
  • Jun 9, 2020 5:04pm Jun 9, 2020 5:04pm
hey abhirag ,
Is daily breakout ea available ?
  • #29
  • Jun 23, 2020 1:13pm Jun 23, 2020 1:13pm
I started playing around the strategy with an EA, only the breakout candle, no SL candle setup.
Here I set the TP to 25% of the ADR.

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As you can see sometimes it doesn't work
  • #30
  • Last Post: Aug 8, 2020 7:11am Aug 8, 2020 7:11am
Quoting Cehraphaim
I started playing around the strategy with an EA, only the breakout candle, no SL candle setup. Here I set the TP to 25% of the ADR. {image} As you can see sometimes it doesn't work
But does it produce a monthly return
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