good job. The SL is minimum of 80pips, could be more if the candel is bigger in size though. Did you tested it with only 80pips for SL even the candel was bigger ?

New Day breakout by fed

did you do it exactly as is? when TP1 hits the other 2 entries will BE, and when TP2 hits you will move the 3rd entry at 50% line. Was it 2 weeks or the one before I had a great week, I have to go back to my records to be sure... I think it should ...

New Day breakout by fed

hey thanks

New Day breakout by fed

The entry just triggered, if it wasn't a friday I could of entered in because it is still mid NY session. I was expecting the price to drop down but it just happened now.

New Day breakout by fed

no trade, the pending orders didn't trigger, the price never made it to the south side. I am closing my pending orders.

New Day breakout by fed

you know what is the best for money management with g/j? 75 pips risk and TP1 50pips and TP2 100pips (another 50pips), this makes it R:R to 1:1. You will still be profitable even with 55%.

0400-0700 GMT Breakout Strategy

I change my mind, I set my 3 pending orders, I completely agree with Ace. I also felt lazy and tired, I will call in sick tomorrow, its tough to work with only 5-6 hours of sleep every day. It looks good tonight to short. look at this beauty, what ...

New Day breakout by fed

Anyone trades on friday's here is the plan tonight. Things look bearish to me tonight as well because of the down trend continues.

New Day breakout by fed

hi Ace, thanks for the tips. I agree what you just said. But I usually don't trade on fridays with any strategy I had prev, just my bad experience.

New Day breakout by fed

Hi guys, I will stay away tonight from this trade, I will just watch it though. Because the markets are slow and it is friday and plus I had a great week, I don't want to go to my weekend with a loss. Have a great weekend all of you.

New Day breakout by fed

hi there, g/j secured TP1 50 pips and the 2nd entry still continues. This pair never went below 35 pips, if you had your SL at around 80 pips, you could of still cruizing for the 2nd profit. Same story with g/u, it hit its target 1 45 pips and still ...

0400-0700 GMT Breakout Strategy

ok TP1 is hit for 80 pips, now just adjust your 2 other entries to break even for a free ride.

New Day breakout by fed

Just an update about the short entry from last night's 00:00 candle, the price is still consolidating, just keep them open, either the NY session if not Asian session we might have market moving. I also noticed that for the past few days things are ...

New Day breakout by fed

I am not with this strategy tonight guys, I am testing the other one for now.

0400-0700 GMT Breakout Strategy

By the way I don't deal with EAs or auto back testing, it is all manual testing and manual trading for me. As I have mentioned before my TP1 hit and I made 99pips from last nights break. I am hopping for 3x more pips, I have proven that to my self ...

New Day breakout by fed

not really, I don't gamble. If I did I could of lost by now and quite forex just like the ex traders, as I have mentioned above I am refering myself to the 4hr chart before I take the trade, here take a look at the screenshot. the 4 hr chart show ...

New Day breakout by fed

yes, let me share you my experience, when I started forex just like anyone else I was also using demo and I never had my emotions and feelings when I was using the demo, I would get in to a trade like there is no tomorrow. I was ready to go live and ...

New Day breakout by fed

If anyone got in to the trade, don't close it untill TP3 is hit or SLs hit. Sometimes on a none volatile days it could take 1-2-3 days, just watch them every hour or so. As I have mentioned prev post I am still holding the positions since last ...

New Day breakout by fed

Ok finaly I hit my TP1 99 pips from last night's entry. now I will set it to break even for the other 2 entries, as soon as I hit TP2 then I will bring my 3rd entry and lock it 50% profit and cruise with it. In the mean time tonight's short just ...

New Day breakout by fed

I agree, what I also read from experts is that summer time is usualy slower volume.

New Day breakout by fed