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- nomoretoxic replied Sep 19, 2008
excellent observation my friend!!! Glad I could help in your trading stick around!! cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
Thanks - no problem Admiral Markets - no particular reason. Yes that's the same indicator I posted. Glad I could help cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
Well, I took a chance just in case (Oanda's feed) entry 1.4426 exit 1.4446 stop loss - 1.4374 As I said, R:R was off balance. Notice my stop loss outside the box. Please remember, the box is just a guide. Don't worship the box like some people ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
I adjust my load and take the chance. That way I keep my losses balanced.
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
Something cookin' here. Just for information only. Personally I had a great week, won't take it. R: R Off balance. Still manageable. your call. cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
I have a habit of not trading Fridays, or trade light in case I am in profit. It's a habit ok??? not a rule of thumb Cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
yes it is...I didn't trade the box today it happens...... part of the game
Nomoretoxic's breakout
- nomoretoxic replied Sep 19, 2008
in my book, that's either a losing trade or out of balance R:R I take those trades...I adjust my load but be aware risk is higher than reward Please see the candle before the breakout cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
it's nice to see people making sense of the system keep the good work cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
That's the way see?? no big deal. I feel happy everytime somebody got their eyes open. Keep on goin' buddy!!!!!! cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
Mike the idea is good. But we will be bumping into each other as price feeds are different. I have 3 different mt4 brokers and Oanda and none of them agrees on price...unbelievable!!!!!.
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
I'll go by price - bear in mind I am using Oanda entry - 1.8178 stop-loss - candle before the breakout 1.8222 exit - 1.8158 my risk and reward was unbalanced but I had plenty of money in my pocket from EUR/USD and cable on London Session - the risk ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
clear your minds people — Listen I don't want to sound offensive but before you have a question (which I don't mind asking) take your time and read my posts carefully.... and analyze the charts I posted..calmly, there's no rush.. Somebody ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
Hello guys Here some simple rules - nothing fancy Here we go 1)Pull up 5 minutes charts in your favorite -flavored pair. 2) observe the market INSIDE THE BOX - screw the trend. You need to pay attention on where the market is heading inside the box. ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
the close...everything must be measured at the close. That candle closed higher than the breakout candle hence the pullback the pullback candle closed @1.4436. The breakout candle closed @1.4418 admiral markets reading
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
My box starts @ 1:00 AM and ends 3:00 AM EST for London session. sorry for any misunderstanding cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 18, 2008
This is what I have for London Session - GPB/USD Just bear in mind that I execute my trades with Oanda The price feed does differ hope it helps
Nomoretoxic's breakout