They were trading the NFP report, not this strategy. The G/U hit TP 1 (+15)and no more today. This strategy did not produce 100 pips today.

7am-9am Big Dog USD Breakout Strategy

CTGuy - what is the answer?

7am-9am Big Dog USD Breakout Strategy

Maybe the box should be 7:00 - 9:15 Est??

7am-9am Big Dog USD Breakout Strategy

The original "cushion" is set to 3 pips. Maybe that is not enough!

7am-9am Big Dog USD Breakout Strategy

The GBP/USD was originally a long trade. So you got stopped out on the long then went short?

7am-9am Big Dog USD Breakout Strategy

Yep, same here. I hope there are no hard feelings over this. I have seen this type of trading before. Rob Booker has this same trade theory and he calls it "Box Trading". The "Box" is formed by the two vertical lines of time and the two horizontal ...

7am-9am Big Dog USD Breakout Strategy

So you are the originator of this trading theory?

7am-9am Big Dog USD Breakout Strategy

Wow, great words of wisdom Kudzu.

MTF Stochastics

Very true, Kudzu. Thanks for your input.

MTF Stochastics

Has anyone tried using the MTF method on the longer time frames, as in trading the daily charts? Spud made a reference to it in one of his earlier posts but said you needed deep pockets for the drawdowns.

MTF Stochastics

Wow Ayaz...I hope for your sake (and mine) that Spud will return.

MTF Stochastics

Your long EUR/CHF trade is based on what?

AshFX Daily

I agree, very sad. Spud disappeared a little over a year ago and the thread seems to have died without it's leader.

MTF Stochastics

Yen is still at the computer store some where in the heart of Mexico. He'll return soon....we hope

AshFX Daily

RR is from the city...I'm not sure he knows the difference

AshFX Daily

Very nice, RR, you get extra credit for finding those pictures of Yen. He will be so proud when he returns. T4K

AshFX Daily

I heard it was a five day ride on a burrow for Yen to make into town. Who knows when he will return.

AshFX Daily

Oh, I didn't mean I was in the aud/usd short trade...but it would have been nice. Isn't hind sight a beautiful thing

AshFX Daily

Or the Aud/Usd short from late July!

AshFX Daily