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- Bobcat2 replied Jun 20, 2008
BTW, my muddled understanding of the "last dot" rule has still resulted in profit! Thanks, Neurus, for asystem that works, even if I don't fully understand it! LOL
Neurus PSAR 1 hour system
- Bobcat2 replied Jun 20, 2008
Help, please! — Neurus, I am a bit confused. I have several trades that match yours, and unfortunately several of your trades I do not see your entry based on "the last dot". I understand the part about the missing dot on Oanda, but I am still ...
Neurus PSAR 1 hour system
- Bobcat2 replied Jun 17, 2008
nomask's Ratios — Just a thought... nomask's original TP was 2x the range for the einitial trade, and 3x the range for the second trade if the first trade was stopped out for a loss. If we use his ratio of 2 to 3, then by inference, if the ...
Daily GBP/JPY Breakout System
- Bobcat2 replied Jun 17, 2008
kijkij, Thanks for sharing this intriguing idea with us. For Take Profit, do we add the broker spread? In other words, with the new rules, if I am trading GBP/JPY, my broker's spread is usually about 8 pips. In this case the price would have to move ...
My 30 pips move EA.
- Bobcat2 replied Jun 17, 2008
Oanda — Bill, My broker is Oanda. The doji on Oanda looked very suspicious as it barely touched my pending Buy order, and immediately retreated for a loss. Then, it repeated that journey with my pending Sell order. I hope that I am not the ...
Daily GBP/JPY Breakout System
- Bobcat2 replied Jun 17, 2008
Trades Tuesday 6-17-08 — Tonight's trades were very inauspicious for me. The 3AM CDT candle is the most ridiculous looking doji I have ever seen...NO body and wicks extending 112 pips that simply gave me a double loss. Good thing I wasn't ...
Daily GBP/JPY Breakout System
- Bobcat2 replied Jun 16, 2008
Hi Harold, I evidently was not following your method correctly, as I have been adding pips to the 3 candles Hi/Lo, if the 3 candles were shy of 100 pips. So...if I understand correctly...if 3 candles are stilll shy of the 100 pip range, you return ...
Daily GBP/JPY Breakout System
- Bobcat2 replied Jun 16, 2008
New Daily GBP/JPY Breakout System — Hi Bill! Thanks for starting this Daily thread now that the Weekly GBP/JPY Breakout System seems to be working so well. My thanks to nomask for originating his variation on a popular theme which is ...
Daily GBP/JPY Breakout System
- Bobcat2 replied Jun 16, 2008
This Week's Trade — Profit. 3 Weekly wins...no losses to date. I will be trading this daily for the rest of the week. Since the daily version is largely untested, I only trade 10% of the amount that I trade weekly.
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 13, 2008
Last Night's Trade — I closed out my last night's "daily" trade @ BreakEven. No win, but more importantly...no loss. I have yet to lose since I started trading this way over the past two weeks or so. Admittedly, part of my trading was ...
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 11, 2008
Ok...I used some discretion and manually closed out my daily trade for a 30 pip profit...so in2 weeks I have had all wins. This thread seems to have died an unseamly death. Too bad, because the strategy has been profitable for me. This is my last ...
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 10, 2008
Daily Trades — Bill...that's funny! I'm following your recommendations! LOL
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 10, 2008
6-10-08 Daily Trade Settings — Settings for tonight's DAILY trade: BUY 210.08 Stop Loss 208.67 Take Profit 211.49 SELL 208.67 Stop Loss 210.08 Take Profit 207.26 BTW, I started trading live two weeks ago. The weekly trades were both ...
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 10, 2008
Daily Trade? — Anyone make a daily trade?
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 9, 2008
Last night's trade — Bill, I trade with Oanda. With slight chart variations from North Finance, my short was not filled...but I can see where your short was filled. It looks like you made a profit from the Buy?
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 6, 2008
Next week's trade — Bill, please correct me if I am wrong. My NF chart shows Friday's two candles with a Hi of 207.88 and a Lo of 206.64. The range is 124 pips, that qualifies because the range is more than 100 pips. Adding a spread of 9 pips, ...
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 6, 2008
NFP Friday — "Beware the Ides of March!" Ok...so it's not March, but the NFP news is nearly upon us. As such, I am not trading, today. My weekly breakout trade was profitable as well as my three subsequent daily trades...so I am a happy ...
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 5, 2008
Oanda or NF? — Point of clarification...Oanda has 3 Hr time frames but no 4 Hr time frames, so I simply take 8 (1 hour) candles for my calculation. I do the same for North Finance.
Weekly Gbpjpy Breakout System
- Bobcat2 replied Jun 5, 2008
Which settings are more appropriate? — Hey Bill, Since I started trading this breakout system on a daily basis, I have 2 profitable days and no losses so far. I have been calculating my box from North Finance charts, but trading from my live ...
Weekly Gbpjpy Breakout System