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- CTGUY replied Sep 9, 2008
I hope that traders picked up those 20 pips on the long on GBP/USD. I didn't jump in. Running back and forth to the kitchen for a late breakfast.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Good point...if you look at the 9:15 candle, the red EMA's were neither up or down at that point. Another indication that the trade may be slow. Keep in mind that the red EMA's are useless around news times. The yellow ones which are short term are ...
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Great job on that USD/JPY my friend. I took GBP/JPY as a short, the hourly chart was mixed but the 4 hour chart was looking south. I jumped in and when I noticed that the movement was s l o w... due to the upcoming news, I just grabbed my 10 pips ...
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
This would be an excellent topic discussion that we need.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
No two brokers have the same prices all the time. I visited a site once that showed several brokers prices at the same time. They would fluctuate between 3-5 pips at any given time. I wished I could recall what site that I visited.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Perfectly stated...Thanks Rick! The GBP/USD is the only pair I trade using my system.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
It is a shame that your the only one here that doesn't get it. Either read the posts and learn about the times and stop debating or move onto a thread your welcomed at. Don't post negatively on this thread.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Good point... If the trade is slow, I just grab my 10 pips. If the trade is moving fast, that is when I look for my 30 then set my S/L for 15. The GBP/USD was moving too slow.. I grabbed my 10 pips.
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Hopefully thehenryfam understands it now...thanks for sharing
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Actually, your the one incorrect. The boxes are drawn at 07:00 and 09:00 am NY. Anyone that knows the forex, knows that their are 9 candles drawn. The times that the candles capture are 07:00:00 am, est to 09:14:59 am est. The 9th bar ends at ...
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
You should post this in the beginners section
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
I am not sure where your from so I can't comment on your time frame... but one thing I do know is that your times are off. This is a two hour box, not a two hour and 15 minute box. Original times..using NY times are from 07:00 am to 09:00 am, not ...
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Also depends on your account size.
How many pips will you set for trailing stop?
- CTGUY replied Sep 9, 2008
You do realize your responding to a post over a year old? Check post dates .. may save you some time and effort
A beginner's plan for learning the basics.
- CTGUY replied Sep 9, 2008
Any broker related questions can be asked a lot faster by contacting your broker.
Limit orders and spread
- CTGUY replied Sep 9, 2008
Hey Jeff... this is the reply back I received from FXDD when I asked if they were regulated by the NFA: We are currently pending status. Regards, Joseph Milrud New Accounts Dept.
Scalping
- CTGUY replied Sep 9, 2008
Can you be a lot more detailed my friend. What indicators are you using or trying to use? You should send a pm to the person with your concern with indicator installation errors. thanks
7am-9am Big Dog USD Breakout Strategy
- CTGUY replied Sep 9, 2008
Hey my friend... the yellow are faster EMA's and are good if you want to switch over to the 1M and 5M charts. Same rules apply as far as line separations, etc. Wish you many pips on Tuesday
7am-9am Big Dog USD Breakout Strategy