Tonight's Trades — The PSAR on both GJ and GU on both the 15 min and 1H charts is showing short (Sell) bias. I would tend to favor the PSAR over the 2 MA's as a filter. For what it's worth, my personal bias is to use no indicators at all, ...

0400-0700 GMT Breakout Strategy

Tonight's Trades — fed, What then is your advice regarding trading tonight? Thanks, Bob

0400-0700 GMT Breakout Strategy

Profit — I set my GU pending orders and fell asleep. I woke up with TP1 a +45 pip winner...great! But, I had slept through and missed the retracement that would have been a BE for TP2. Instead, without setting TP2 to BE, I made another +75 ...

0400-0700 GMT Breakout Strategy

Tonight's Trade — I'm right with you, fed. I trade with Oanda, and my two Pending Sell orders are @ 1.6442 with TP1 of 45 pips and TP2 of 75 pips. SL = 60 Good trading tonight everyone!

0400-0700 GMT Breakout Strategy

Hi Trader, Thanks for sharing! How do you determine your Take Profit target?

1 hour system

That would have been good information to have BEFORE I placed my trades! LOL Just kidding...

0400-0700 GMT Breakout Strategy

I'm interested....please share. Thanks.

1 hour system

bazza, I'm not certain how you are implementing the Trailing Stop of 25 pips. If you enter the TS at the pending order level, this would obviate the regular SL because 25 pips is most likely to be less than the distance to the other side of the box. ...

London Open Breakout-M30

Sorry about that...but clarification is vital for success.

London Open Breakout-M30

Confusing time issue — The 1st 30 minute candle of the London market open is GMT 07:00 until GMT 07:30. Let's all be sure we are using the correct candle... Hope I am...LOL

London Open Breakout-M30

One more time... — fed, You didn't mention if you were using the RSI13 with the 90 EMA. Since you haven't mentioned it, I assume you aren't using the RSI. I have noticed at times the RSI seems to be in disagreement with the price relationship ...

0400-0700 GMT Breakout Strategy

And since the 90 EMA is currently below price, if that scenario remains, we only look for Buy entries?

0400-0700 GMT Breakout Strategy

Hi fed, Ok then...7 pip buffer not needed anymore because of the EMA 90 filter? So... 1 pip buffer + broker spread for Buy entries; 1 pip buffer for Sell entries Do I have this correct? Thanks and good trading for tonight! Bob

0400-0700 GMT Breakout Strategy

Can't wait...still biting my nails! LOL

0400-0700 GMT Breakout Strategy

Fib lines forming now — IHi Genius, It's now an hour past the market opening on FXDD. The fib lines are forming, but the difference between high and low is only 12 pips so far. Obviously these lines will expand once price has more movement. So ...

0400-0700 GMT Breakout Strategy

When do fib lines appear on this week's chart — Hi Genius, At what time do the new fib lines for the current week appear? The market has opened on FXDD, but my fib lines end at the close of business on Friday. When do the lines project from ...

0400-0700 GMT Breakout Strategy

Please elaborate...I am not certain what you mean. Thanks.

0400-0700 GMT Breakout Strategy

Not intended to be a negative post...but COG indicator is notorious for repainting...

Center of Gravity Daily Trend Trade

gustav, What is your target profit after you move your SL to the TP1 level? TP2 or what? Thanks, Bob

4H Box Breakout