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- lkthomas replied Sep 18, 2015
another chart here, EURUSD 30minutes chart. So that's a supply level, but if I buy it then I am screwed up. Is it because it's an exception for this case only?
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 18, 2015
Sorry I don't get it. So the trend is coming down, there were two false breakout before, and how do you enter the market again like that? What time frame are you using?
How do you trade breakout without bleeding to death?
- lkthomas replied Sep 18, 2015
How do you know it's not coming down again ? Since it have been swinging a lot in last 48 hours. And how do you confirm it's not a false breakout ?
How do you trade breakout without bleeding to death?
- lkthomas replied Sep 17, 2015
Sorry, I don't understand it. Mind to explain a little bit more please?
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 17, 2015
Here you go, the previous high never been tested until now.
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 17, 2015
I see, thanks. Also, current level of E/J seems good to short, because it's never been tested. Am I correct?
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 17, 2015
when did it test? Can you post a chart please?
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 17, 2015
First answer is very generic but very hard to do until it's too late, also, I understand breakout, pullback and continuation theory, but this kind of pullback never exists, once engine fire up, it just head off one direction without pullback, I ...
How do you trade breakout without bleeding to death?
- lkthomas replied Sep 17, 2015
Yes, false breakout is a bit of challenge, what do you think if putting buy and sell pending order pre-US open? when it swing it will hit and move one direction (if everything works as expected)
How do you trade breakout without bleeding to death?
- lkthomas replied Sep 17, 2015
shorting EUR/JPY now, hope it's alright.
C.R.E.A.M- Naked FX/Futures Daytrading
- lkthomas replied Sep 17, 2015
Is it profitable for you? Can you please show your chart on how you trade? want to learn more.
How do you trade breakout without bleeding to death?
- lkthomas replied Sep 16, 2015
So, the top red arrows showing I did a long and cut loss, the bottom arrows showing I did a short and cut loss. Then finally last candle breakout and I did a long trade, start earning money. The problem is, on market swinging like the one I ...
How do you trade breakout without bleeding to death?
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How do you trade breakout without bleeding to death?
Started Sep 16, 2015|Trading Discussion|80 repliesFolks, recently I have been trying to trade breakout method and it seems very effective, but ...
- lkthomas replied Nov 30, 2010
he made the wrong statement, he want to say "outsider" instead of "insider" By the way, which insider you have been talk to? do you know how much money require to move the market and describe as insider?! wake up my friend.
Cable Update (GBPUSD)
- lkthomas replied Jul 6, 2010
bias? — for using 50% fib, you will have to do bias in your mind that if the trend is going to break 50% up or break down. what tools could you guys using to do this bias job? 50% just entry, you could enter short or long when price hit 50%, ...
Simple & Consistent Fibbing Method
- lkthomas replied Jun 25, 2010
am I lucky or actually apply this method correctly ? — check this out, anyone mind to explain am I lucky or I really apply this method correctly?!
Simple & Consistent Fibbing Method