I have had a quick look at GBP/JPY as FX suggested and the results have been impressive. FX Do you have any results yet? From first looks, I'd say we should enter on the second time it breaks out in any one direction. What do you think?

GbpUsd 5 min breakout

Anyone in a trade this morning?

GbpUsd 5 min breakout

Sorry to hear about your woes Good to have you back tho

GbpUsd 5 min breakout

If we can say that it will not trend today but range instead, then when our entry is triggered (say, sell) we would buy and watch it retrace to our other entry point which has become our tp. Basicly, trending market trade outside the box, ranging ...

GbpUsd 5 min breakout

[quote=fxblinkers;3371870]Hi Intel, For what its worth I agree with the poster that it would be possible to have a positive pip amount at the end of the month and still lose money. this is simply because you maigh have 2 days where we win on the ...

GbpUsd 5 min breakout

Can you help me understand how we could be down after a 250 pip gain with a constant MM system please. Maybe I need to re assess this because, as far as I can work out, We would be in profit? You're right about a filter it would certainly help but, ...

GbpUsd 5 min breakout

Hmmmmmm If we use the same MM strategy throughout our trading for this system, and we are 250 pips up this month.............how can we not be in profit this month? FX I am looking into binaries as an option for this but have done nothing about it ...

GbpUsd 5 min breakout

If any of you have a history of another pair I really appreciate the results. I'm peticularly interested if the results are in the form of WWWLWLLWWLWWWLWLLWWWW So each W or L is a trade not a day Many thanks

GbpUsd 5 min breakout

I'm using FXCM and I got 6295. I have a low of 6297 on the 09:05 candle. Did you get triggered by this? I see we have a winning trade again today It looked very dodgey for a while tho. Stick with the system.......it works!

GbpUsd 5 min breakout

Ah, I see what you're talking about. My appologies. Some brokers will average out trades, some will not(if in the same direction). If in different direction, I would cancel the existing one and go with the new one. I dont think we have considered ...

GbpUsd 5 min breakout

FX Where did you get 6298 as an entry?

GbpUsd 5 min breakout

I have the support at about 6245. You're right about 'the rules being the rules' you should trade the system as is until you have a refinement to make. Hope we're lucky today

GbpUsd 5 min breakout

Hi there and welcome on Cains behalf. You are indeed correct. It is possible that before your first trade is over, the second trade will be triggered. However, your SL for your first trade is at(or very near) the second entry point. So, your first ...

GbpUsd 5 min breakout

Hmmmmmm............ Not sure about today guys, I think I'd leave it and look for a better opportunity on Monday.

GbpUsd 5 min breakout

Cheer up guys It was a bad day for us but hey, we know its gonna happen. Still a profitable system tho.

GbpUsd 5 min breakout

OK, lets see if we can clear this up for ya..... The second trade of the day(whether its been doubled or not) is kept open till 23:00 on the following day when it is closed (of course if it hit sl or tp it will already be closed). After entering ...

GbpUsd 5 min breakout

I could be wrong but, I think I remember Cain saying that he only doubles up on the SAME day as the losing trade. He wont double up on the following day. I think thats what he said......

GbpUsd 5 min breakout

Yeah I saw your posts in the Binary thread. Thats why I asked you for your opinion. I have only just discovered Binaries so I really don't know what is possible but, from what I read, Binaries might give us chance to make similar profits whilst ...

GbpUsd 5 min breakout

We haven't heard from him for some time now. Maybe he's just raking the money in

GbpUsd 5 min breakout

Binary Options — @ Fxblinkers Do you think this system could work with binary options? Obviously we would have to be able to start the trade very early on in the BO so we would have chance to hit the big pips(not sure if its possible but the ...

GbpUsd 5 min breakout