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Simple Breakout System By Zach

  • #261
  • Jun 15, 2017 12:49am Jun 15, 2017 12:49am
a lot of high impact news for today
dont forget you SL guys

for today im plan to analysis pair

EURJPY
  • #262
  • Jun 15, 2017 2:07am Jun 15, 2017 2:07am
Just info :
EU is BP now, but iam not sure will TP because news.


Updated:
EU TP in few minnute later:
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  • #263
  • Jun 15, 2017 2:34am Jun 15, 2017 2:34am
Quoting kalawe
Just info : EU is BP now, but iam not sure will TP because news. Updated: EU TP in few minnute later: {image}
news are normally fasten your TP or SL
  • #264
  • Jun 15, 2017 2:36am Jun 15, 2017 2:36am
Quoting kalawe
Just info : EU is BP now, but iam not sure will TP because news. Updated: EU TP in few minnute later: {image}
is it AUTOFIBONACCI INDICATOR?
  • #265
  • Jun 15, 2017 2:52am Jun 15, 2017 2:52am
Quoting ErollZach
{quote} news are normally fasten your TP or SL
I means because there is news later (not now): high impact USD Unemployment Claims , market will be slow. iam not sure will take TP.

Quoting ErollZach
{quote} is it AUTOFIBONACCI INDICATOR?
Same description only. just rename it on description fibo.
i was manual attach fibo there.




@Damiend fyi:
There is bug with EA :
EA is ALWAYS AUTO TRADING if you attach on CHART , although you Turn off auto trading button and FALSE auto trade inside menu.

I do not want trade EU but EA is attach on EU chart.
Then suddenly EA Open Order and closed after hit TP.
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  • #266
  • Jun 15, 2017 8:02pm Jun 15, 2017 8:02pm
Guys,instead of BO,the most important thing to master is

Trendline
Major support&resistance
Candlesticks pattern
Chart pattern
  • #267
  • Jun 16, 2017 2:32am Jun 16, 2017 2:32am
long EURJPY
  • #268
  • Jun 16, 2017 2:48am Jun 16, 2017 2:48am
NZDJPY BO,
i was late 10 pips...but profit now.
iam sure TP.
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  • #269
  • Jun 16, 2017 2:54am Jun 16, 2017 2:54am
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  • #270
  • Jun 16, 2017 3:02am Jun 16, 2017 3:02am
Quoting ErollZach
long EURJPY
Hi there EZ - is this pretty much where your entry was rather than pending order at Breakout ?
Nice thread mate.

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  • #271
  • Jun 16, 2017 3:03am Jun 16, 2017 3:03am
Quoting kalawe
NZDJPY BO, i was late 10 pips...but profit now. iam sure TP. {image}
Which timeframe do u use?
  • #272
  • Jun 16, 2017 3:04am Jun 16, 2017 3:04am
Quoting binnie
{quote} Hi there EZ - is this pretty much where your entry was rather than pending order at Breakout ? Nice thread mate. {image}

yes,i rather instant entry after valid BO or put a pending limit order.thanks
  • #273
  • Jun 16, 2017 3:11am Jun 16, 2017 3:11am
For the fundamental part.i use currency meter indicator

Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Zach_CURRENCY POWER.ex4   12 KB | 552 downloads
  • #274
  • Jun 16, 2017 3:13am Jun 16, 2017 3:13am
Quoting ErollZach
{quote} Which timeframe do u use?
picture is h1.

TF is not important . because hi-low is the same from 21.00 - 05.00
  • #275
  • Jun 16, 2017 3:16am Jun 16, 2017 3:16am
Quoting kalawe
{quote} picture is h1. TF is not important . because hi-low is the same from 21.00 - 05.00
yes,agree.but if more than 1 timeframe has a breakout,it will be stonger breakout.
  • #276
  • Jun 16, 2017 3:31am Jun 16, 2017 3:31am
Quoting ErollZach
{quote} yes,agree.but if more than 1 timeframe has a breakout,it will be stonger breakout.

All TF is the same High-low , so all TF will be breakout together.



Quoting kalawe
NZDJPY BO, i was late 10 pips...but profit now. iam sure TP. {image}
Updated:
NZDJPY TP now.

Attached Image (click to enlarge)
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  • #277
  • Jun 16, 2017 3:37am Jun 16, 2017 3:37am
SL's moved to BE

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  • #278
  • Jun 16, 2017 3:41am Jun 16, 2017 3:41am
short USDCHF
  • #279
  • Jun 16, 2017 3:42am Jun 16, 2017 3:42am
Quoting laksior
SL's moved to BE {image} {image}

good.trailing stop?
  • #280
  • Jun 16, 2017 4:28am Jun 16, 2017 4:28am
EZ what is best box timeframe, usually you analysis 00.00 - 8.00am is this correct if im in London time zone? following and testing your thread, good results
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