Nomo, on your chart, post 183,273, it looks like the pullback candle in the one next to the breakout candle. If this was a real time trade, it looks like it was a loser. Why do you say false breakout?

Nomoretoxic's breakout

Nomo, could you tell us how your swing trading on a daily chart works?

Nomoretoxic's breakout

For those of you who are trading this system, which time frame has the best ratio of wins to loses? (30 min - 1 hour - 4 hour)

Chaos Strategy - Mid term and long term trading.

I agree with Mappollo69. I like the idea of starting a trading room for the NOMO system.

Nomoretoxic's breakout

Nomo, your system is very similar to Phil Newton's breakout system. He has been trading and teaching his system for several years. Your system is excellent and I thank you for sharing it with all of us. Check out his system as I think his way might ...

Nomoretoxic's breakout

EUR/USD - If we use the 9-11 low of 1.3879, we do have harmony. It went up to the 610 fib zone then retraced down to the 233 fib zone that was also a 61.8 fib retracement. It then hit the 610 again. I look for it to takeout the 100 FE at 1.4781

New Mouteki Method...

Nomo,assume a short trade, does the pullback bar have to close above the breakout bars close or just have some part of the pullback bar be higher while the bar is forming?

Nomoretoxic's breakout

Nomo, does the 5 minute bar have to close out of the box or is it good enough if the bar just breaks the high/low of the box?

Nomoretoxic's breakout

Mouteki, do you look at COT data?

New Mouteki Method...

Is the old thread still around? I would like to read it.

Psych Levels, Pivots, and Trendlines - Resurrected

Got it. So what would be the minimum time period to look at if trading the 4H, if a two week look back is ok when trading the 1H?

Powerful Fib Based System - by DAZfx

Thx for helping me understand trend direction. I see what you are saying. I see that the last two weeks the trend is up and that before that the trend was down for a long time. So, the question is, is two weeks long enough to change what was a very ...

Powerful Fib Based System - by DAZfx

I do see that the trend is up since 7-16. Is a two week look back period enough time to see a trend?

Powerful Fib Based System - by DAZfx

Trend is down for USD/CHF. Why a long trade?

Powerful Fib Based System - by DAZfx

Check out EUR/JPY on the 4 hour.

Powerful Fib Based System - by DAZfx

Is there as active Fozzy trading room?

The Daily Fozzy Method

Where is everyone? — Could someone please tell me why there has only been one post since July 4, and if there is an active trading room?

Powerful Fib Based System - by DAZfx