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- square1 replied Mar 20, 2013
Trading the London Breakout on EU at the same time with news can be wacky. If you don't put stops. It was actually like a Frankie Fake. It played out well on GBP pairs
- square1 replied Mar 18, 2013
Not yet. Here is my H4 chart.
- square1 replied Mar 15, 2013
That is not the case with my platform. I cross checked with Oanda and i see that they are a little different. Your candle 08:45(Oanda) or 14:45 (On my Platform, broke out then closed outside.)
- square1 replied Mar 13, 2013
I tried out yesterday's News Breakout method and it really worked well. Helps one wait for the reaction of the traders after 15 Mins.
- square1 replied Mar 7, 2013
True, but am not predicting(that was a slip of the hand)...i trade what i see. I have been trading only EU and GU since i learnt this method. In today's trade on EU, i had to exit before LO and later reopened when there was a break out. I am an ...
- square1 replied Feb 13, 2013
My breakout today yielded 80+ pips. Now i see spikes...so am out waiting for news reaction.
- square1 replied Feb 11, 2013
Hi. SP, there is something that is puzzling me and i would like you to straighten me out. I have attached a chart to show. Today i decided to trade the london open(which is usually my daily open price)on the EU. Price went down and caused a support ...
- square1 replied Feb 5, 2013
SP. I have realised that your method of fading highs/lows and using the daily open works well. Its also good to watch when you use the 15 mn Chart for the first entry and higher time-frames for subsequent entries. Today ive made +100 pips.
- square1 replied Feb 4, 2013
I think you need to enter using Today's Open price. If you do see my 15 Mn chart attached, At 09:00 am(thats where i place my daily open), price goes up then retraces back to daily open, then i see that it goes up there afterwards. Where price ...
- square1 replied Feb 4, 2013
I fear that everytime i add a line, my chart becomes messy but for the sake of a good trading method, i had to add these 5 lines to my template. Attached herewith is a 30Mn chart that details what i am using. I hope it helps. I am GMT+3 but my ...
- square1 replied Feb 4, 2013
Undecided: Should i wait for the price to retrace to the daily then open enter a buy! Although i am near Lo, it looks like price will take a little long to retrace to that level. Looking at a 30M chart. What would you have done in this case?
- square1 replied Feb 2, 2013
Here it is. As you can see, my london close is at 19:00 Hrs (7pm local time). From the chart it is 1.36712. The time zone of the trading platform is also: GMT+3. Edit: Its a 30Mn Chart.
- square1 replied Jan 30, 2013
Hi futurespec, thanks for the indi but it is not working for me. I dont know why, may you post a full version please. As you see in my snapshot, I have a white background and a black foreground on my FxPro platform. I had to change the colors from ...
- square1 replied Jan 29, 2013
I guess you are right...1H Chart.
- square1 replied Jan 29, 2013
Yep. you got me, i admit i have a problem,so you are going to help me clear my mind. From what i bolded, i can see that your method is "BUY EM' LOW, SELL EM' HIGH". Anyway, the weekly high of last week was at 1.3478. This was a resistance right. Now ...
- square1 replied Jun 20, 2011
Thanks, i have tried to test it as shown in the image, but it pops up a message saying "Sending Order Failed! Trade not allowed in expert properties". I use FXPro-MT4. What could the problem be?
- square1 replied Jun 17, 2011
How much do i expect to loose or gain. — Am back again. This time, i have attached an image to illustrate. Its from the FxPro-MT4 platform. Supposing i want to use 2% of my capital $3000 (that is $60) to enter a trade on EURUSD @ 1.42054. I ...
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