to follow up on the example of today -- I've set the stop below two trending bull bodies on 5 min -- if they don't hold the support for the breakout, the range may expand to run chasing bulls' stops. On the flip side, the bulls are now going for the ...

The Only Real Edge: Trading from Breakeven

Exactly! You always want to identify a range and enter where others are being stopped out and trade that range. But even in a trend the same principle applies -- if you watch the tick chart, every trend consists of smaller ranges, so you can always ...

The Only Real Edge: Trading from Breakeven

I've seen Ziad's video, but how do you know he is very successful? He only shared some selective results in the form of a few account statements, not his full account history or equity curve . All educators do those tricks. But yeah, Ziad's course ...

The Only Real Edge: Trading from Breakeven

. Is there a better indicator than the actual price chart? It shows you all you need to see about direction -- trending highs/lows/opens/closes, important levels, expanding and contracting ranges, sideways, sideways up or sideways down -- ...

What is your secret and edge?

dee50, thanks for the links!

The Only Real Edge: Trading from Breakeven

I don't see one in the Experts folder, just the file I shared. It may well be that this tool is specifically included in my broker's platform, the other files could be embedded or hidden somewhere. So sorry if this has been of little use. Anyway, ...

The Only Real Edge: Trading from Breakeven

If you have any setups or signs, please share them. I don't know if there are any reliable signs of a real vs fake breakout. My only theory about breakouts (and every move beyond a previous level at every tick and every bar or tail high or low is ...

The Only Real Edge: Trading from Breakeven

Hi NorthTrader, do you have a way to watch actual DOM and Time and Sales for spot forex, or do you mean forex futures? On my MT4 platfrom the only alternative to what is DOM in futures is the tick flow chart, which I still find very informative ...

The Only Real Edge: Trading from Breakeven

Attaching an average good day's result, when trading tight, from around BE. I deliberately analysed that day to compare it with the approach of using wide stops beyond swing highs/lows. Guess what. On that day I had three good runners and three ...

The Only Real Edge: Trading from Breakeven

Exactly. You can make 1-3 pct and even more on four out of five days in a week on a USD 200 account, trading micro and mini lots. And if you do the math, at this rate you'd grow to multimillionaire within several years. Problems start, however, as ...

What is your secret and edge?

I'm not sure this will work on your platform -- because it's something that came from my broker, try to figure it out yourself by keying in the different parameters and playing with them, or find another tool with full instructions.

The Only Real Edge: Trading from Breakeven

I think the built-in tool does not allow any of those functions, you have to do them manually, which is tedious and slower than the market moves. Try installing a more advanced tool as an Expert. Hope this helps.

The Only Real Edge: Trading from Breakeven

It's a one-click trading tool, there are many available, look around. This one is an add-on from the broker, not sure if it would work on other platforms,but you can try.

The Only Real Edge: Trading from Breakeven

I learnt about the concept from Bella's book The Playbook initially more than a year ago, then read John Grady's e-book and found the same concept for Forex described by one of the traders featured in Traders at Work by Tim Bourguin. Then started ...

The Only Real Edge: Trading from Breakeven

Today I want to share the technical setup for trading tight based on the breakeven concept. Even if one is trading with wide stops, this technical setup is very useful, especially for newbies, because it helps save many pips that would be otherwise ...

The Only Real Edge: Trading from Breakeven

So, my main point is that this tight play, if mastered (of which I do not consider myself a master yet -- just seeking to improve on it), eliminates all the fear -- because you actually enter the fray of very tight ranges, which are not that ...

The Only Real Edge: Trading from Breakeven

Ill start perhaps by presenting some logic behind this way of trading. I wish I was taught this when I was still a newbie, this would have saved me a few thousand bucks So the first thing we know for sure the edge is in a breakeven position, as ...

The Only Real Edge: Trading from Breakeven

The result of that trade and a few other shorts that I did after that was a loss, had to spend a few more days off... This business is hard on the soul sometimes. The real move happened the next day, but oh well... Keep telling myself to not think ...

EURUSD MultiTimeFrame

Well, the Greeks said "No", Varoufakis said "F-U" so a totally different game plan. Looks like many different interpretations of events are possible and we may see a wide range day. So buy low sell high. Trying to play the short side so far, ...

EURUSD MultiTimeFrame