Hey Al, Your results look good.... Is this just a forum where you will be sharing your results, or will you be sharing your actual method/EA? What ever your choice.... Good luck and its encouraging to see someone ith soe success :-)

My Live Trades by Al

Kamanda, Am I missing something here, Is it slways 55 pips for a long entry and 35 pips for a short entry? How do you determine this and how do you determin your stop? Are these just random numbers or is there a reason behind them?

daily range Strategy

Digitaldean, I have been trading off the 15 minutes chart for a good few months now and am able to achieve between 80-90% strike rate. I mentioned earlier that I have just recently started physically writing a trading journal at the end of everyday ...

Breakout Strategy - The Pro's Way

Also Kamanda, Where do you place your stops? You target 50 pips, do you ever take anymore if so what do you do just trail your stop?

daily range Strategy

Kamanda, Congratulations you are obviously doing something right :-). What sort of drawdowns can you expect? Also you say you made a million.... That is impressive, was that using this strategy only and was that in just 2 years? One last thing, I am ...

daily range Strategy

Digitaldean, That is impressive.... I don't know of how much help I can be to you since you seem to be taking more out of the market than me :-). Also I only trade off of a 15 minute chart... I have one of the worst trates a trader can have.... Im ...

Breakout Strategy - The Pro's Way

Markj, Did u manually go back over the 5 months of charts?

daily range Strategy

Wow, Markj, They are some seriously impressive results.... How long have you been testing this for? How much of that is back testing and how much of that is testing in real time?

daily range Strategy

OK I got a little more time so I can post results so far. Thursday 19th Oct - +30 Friday 20th Oct - +30 Monday 23rd Oct - +30 Tuesday 24th Oct - -50 Wednesday 25th Oct - +30 Thursday 26th Oct - +30 Friday 27th Oct - +30 Pips to date = +130 Pips this ...

daily range Strategy

OK Today's results, well you guessed it.... I got my 30 pips for the day and finished off really quite a good first week. If only every week was this simple. I post total pip count for this week etc later tonight How did you guys do this week?

daily range Strategy

Ok what a very nice day today :-). I had a quick 15 minute trade for a nice 20 pips to finish off the week. There were a few fake short breakouts but luckily not everything lined up so I didn't enter. It was looking like it was going to be quite a ...

Breakout Strategy - The Pro's Way

Hey Markj, Unfortunately Programming isn't mine either.... But regarding the thread, I love the fact that everybody is contributing. No one person can be right and different people have different experiences which is why it is so important for us ...

daily range Strategy

People I ahev to say that I really like the way this is evolving. Mark your strategy sounds really good. I will do some manual backtesting on that this weekend. You know the great thing about something like this.... It removes the bigget single ...

daily range Strategy

I have no problem with taking just 10 pips.... My only issue is what happens in this case is we need 5 good trades to breakeven on one bad trade. Thats like nearly a 85% strike rate just to break even. But by all means if we can get a garenteed (if ...

daily range Strategy

regarding Support and Resistance Lines.... They can go up or down or toward eachother, it really doesn't matter, All you are trying to do are finding points where the price struggles to go above or below. Regarding question 4.... Generally speaking ...

3 NEWBIE questions

I have a question for you guys.... How do you usually decide where to place your stops.... I have a standard 30 pip placement but it seems you guys have different methods for doing this.

Breakout Strategy - The Pro's Way

I think all of this really depends on peoples ability to stay in front of the screen. If it is automated then I think it needs to be as simple as possible i.e. 00:00 GMT Place Straddle 30- 50 pips Away. Enter 3 lots and take profit at 3 different ...

daily range Strategy

No Problem eyevoltage.... Anytime. Kavsp.... Here comes my moran question of the day.... You mention instruments? What do you mean by instruments

Spreadbetting The Forex

Nice People Nice, I think its important that we all post our results so we can all see which variation is most profitable. My trade was automatically closed today at 30 points profit which puts me at 100 points profit since last week. I will start ...

daily range Strategy

Buk, Thank you for your contribution... I hope you will continue to post these analysis daily as it is a big help to us newbies . For me today has been quite a simple trade that I exited a few hours ago... The asian session started to trend ...

Breakout Strategy - The Pro's Way