This is awesome!! lol

Complicated - The Trading Song for Unsuccessful Traders! lolz

Making good pipage today! — Currently in this trade.

The Breaker Strategy - Trading Recent S/R

Live trade! — The past few weeks have been good to me - currently in this trade!

The Breaker Strategy - Trading Recent S/R

TBSTRS — Ha ha. Well. I try to identify my manual recent S/R’s as objectively as possible. Where they are, I try to identify them as such - with the goal of identifying all of them. LOL Cheers Mon, Greg

The Breaker Strategy - Trading Recent S/R

Thank Mon! — They do say profitable trading is boring. And thats true. Maybe this style is too boring. Maybe my charts are not pretty enough! lol. Who knows, maybe some traders prefer to raid the market for profits instead of waiting for the ...

The Breaker Strategy - Trading Recent S/R

Nice work you did here — When I started developing my method, I started by looking at zz indicator. Its does give good signals but sometimes its does not precisely tract price the way I would like to have price tracked. Thats why overtime, as ...

The Breaker Strategy - Trading Recent S/R

What general pattern does price take when it is showing momentum in a direction? — Price going somewhere tends to not test the low of the prior price bar. It also tends not to fully retrace it. It more often than not retrace less than 50% of ...

The Breaker Strategy - Trading Recent S/R

Take a look at the following charts! — One of the following chart illustrate something about how price moves. When its wants to go in a direction, its tends to go in a direction. This is one of several things I look for on charts. Is price ...

The Breaker Strategy - Trading Recent S/R

Further discussion pending — Yes, I did mention that. But before I attempt to elaborate on how I go about it, I would like to entertain a discussion on how price moves generally. This will help you to understand that stop approach fully when I ...

The Breaker Strategy - Trading Recent S/R

Point of tolerable retracement — The height (marked by yellow vertical line) from the two barriers in the following chart is 76 pips. A 75% retracement (marked by ash horizontal line) of s/r height would be 57 pips if trade was taken off the ...

The Breaker Strategy - Trading Recent S/R

Money management. — RISK MANAGEMENT I have already emphasized that risk management is important, if not the most important thing in trading. Risk management involve initially identifying the portion of your account that you are comfortable ...

The Breaker Strategy - Trading Recent S/R

Hey Cory! — I am currently working on some images that I think might go a long way in helping to bring across my concept of rick management and its components. Cheers! Greg

The Breaker Strategy - Trading Recent S/R

My method says trade, I trade! — If you could tell me with a degree of certainty that the market will not go down, after it gave me a sell signal, I just might listen. But I know that no one who trades the market has that power of foresight. ...

The Breaker Strategy - Trading Recent S/R

@ Cory — When you take trades on the g/u, do you also take entries on the e/u as well if a signal pops up? Am sure you know that they are highly correlating pairs with the G/U being a bit more volatile. I would caution that attempting too many ...

The Breaker Strategy - Trading Recent S/R

Nice Pippage Cory!!! — Nicely planned and executed trade. I have been riding the same waves on the EUR/USD. The move down was not as smooth as the GBP/USD's though . Keep on making the pips while you can. Cheers Greg

The Breaker Strategy - Trading Recent S/R

Just clarifying what I do -Very simple! — I react to a setup pattern (of recent s/r), a moment in the market to trade and not so much a set of predefined setups. Having predefined setups I believe give rise to traders having expectations of ...

The Breaker Strategy - Trading Recent S/R

Anyone took these trades! — Anyone took the prior two trades, and currently in this one!

The Breaker Strategy - Trading Recent S/R

Thanks - Reread the thread, Nice! — It is great knowing that you are finding the material helpful. At one point I was really wondering whether or not I was presenting my approach in a clear and understandable fashion. This style of trading is ...

The Breaker Strategy - Trading Recent S/R

Illustrating Price breaking First S/R first time — The following two charts illustrate what makes me apprehensive about taking trades at a first attempt by price to break either above the first occurrence of R or the first occurrence of S ...

The Breaker Strategy - Trading Recent S/R

I think it serves your interest most having your lines drawn precisely. It reduces the possibility of errors of entry when you do decide to enter a trade (off breaks 3-5 pips) in the market. MT4 auto locks the ends of the lines whenever their ends ...

The Breaker Strategy - Trading Recent S/R