Foobee I am using this system, the only thing different that I am doing is using a slightly different timeframe. I am trading a 5am-7am PST (8am-10am EST) breakout as I live in California and also because these hours suit me the best. I have not ...

7am-9am Big Dog USD Breakout Strategy

How has that worked out? Win loss ratio? How many pips/week/month average? Just curious. Looking at past results seems to look pretty good. Maybe a couple false breakouts, but over all, not too bad. How long do you let the order run?

7am-9am Big Dog USD Breakout Strategy

Absolutely correct Forex-Fan. More often than not we will get a 15-40 pip run, then a retrace. You and I have definitely experienced that often. This is what experience using this system in THIS timeframe has taught me. Now foobee, maybe ...

7am-9am Big Dog USD Breakout Strategy

Thinking of switching — This system has been working well for me, but I'm not sure I want to be using one that has to be monitored as closely as I do (the way I trade it). I suppose if you just tried a set and forget SL and TP, it might do ...

7am-9am Big Dog USD Breakout Strategy

A couple answers — Sam I have no idea regarding time zones. Just figure out what time 7am-9am EST (New York) is in relation to where you live and set your box parameters to display that time period. For myself, it's too confusing to figure out ...

7am-9am Big Dog USD Breakout Strategy

tea trader — [quote=Tea_trader;3544003] Yes, using a straight 15 pip TP and 15 SL seems like you are flipping a coin. Yes it could go against you on a bad day too. Forex Fan uses more than "guess work" when placing orders. Placing orders in ...

7am-9am Big Dog USD Breakout Strategy

Rule about box size — Yes it could be that, but on the other hand, it could just be a case that the market is taking a break. When I look at the box sizes that I have had over the past 20 days, I can see that most fall within 43-50 pips or ...

7am-9am Big Dog USD Breakout Strategy

Times — I understand the basis of your question. As stated, the box should be between 7am-9am EST, after all it is the time frame for this thread. Your confusion might be because of some of my posts. I use a slightly different TF, but you ...

7am-9am Big Dog USD Breakout Strategy

Forex-Fan — Good Job!! A few quick questions if you don't mind. 1. Are you trading both sides of the box? What do you do with the side that was not hit? 2. Are you using the 7am-9am NY TF? 3. What percent are you risking per trading session? ...

7am-9am Big Dog USD Breakout Strategy

Sorry . . . Can't help you with that one. I use a different indicator and close trades mannually. It was mentioned that this system tends to catch some reversal from the european session. I agree with this, many times this system allows a trader to ...

7am-9am Big Dog USD Breakout Strategy

PianoSax and SirSpike, box parameters — I think that could be it too. Try and change your box parameters to an 8-10 breakout and visually backtest. I'd be curious if that makes any difference. Today my sell never triggered and I closed that ...

7am-9am Big Dog USD Breakout Strategy

Goes to show you . . . price did reverse and went long for ablout 20 pips ultimately hit my S/L on the order I let run. Good luck all

7am-9am Big Dog USD Breakout Strategy

SirSpike, I don't get it — Well said. What I don't get though is why the huge difference in our results. Two individuals basically using the same system. The only difference I can think of are the hours we are trading, and maybe the TF on ...

7am-9am Big Dog USD Breakout Strategy

Hey FF . . . that's what I used to call revenge trading. Been there and done that, can't say it ever really worked out. Besides, doing that with real money and watching your doubled up re-order go against you would be too tough to take. I'd just ...

7am-9am Big Dog USD Breakout Strategy

Time Zones — Madshark is right, just use what ever time frame matches that New York time. I know it can seem confusing with different charts and broker offsets and all of that. But . . . the bottom line is no matter what your GMT time your ...

7am-9am Big Dog USD Breakout Strategy

If you look at one of the charts I posted you can see a boat-load of lines. The green ones are faster moving ema's and the white ones are slower ema's. The greater the slope and the more spread out they are, the greater the trend in that time-frame. ...

7am-9am Big Dog USD Breakout Strategy

I have entered several trades on larger boxes that have worked out quite well. For me, this systen works . . . but then I can monitor my trades, and I tend to only place orders in the direction of what I believe to be the trend. I have not had a ...

7am-9am Big Dog USD Breakout Strategy

By slope, are you talking trend line or an indicator? Time frame of 1hr or 4hr?

7am-9am Big Dog USD Breakout Strategy

SirSpike, That would be anywhere from 1-3% of your total account. The higher the % risk, the faster you will deplete your account if the trade goes against you. Of course, we don't want to do that, do we? I for one have NOT been the best at limiting ...

7am-9am Big Dog USD Breakout Strategy

Stops — [quote=pianosax12;3523121] Regarding the size of stops, this should not be an issue. I only risk 1-2 % of my acct, even on a SL of say 150 pips. On daily, the candle signals are much more reliable, and for SR levels i plot the major ...

7am-9am Big Dog USD Breakout Strategy