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- nomoretoxic replied Sep 17, 2008
The trend is just a long cold sustained myth. I don't have any use for the trend using 5 minutes charts. Trend trading is more effective on longer range trading, but here it's all noise. The trend will keep you on your toes. Trust me, I've been ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
no pullback - no trade. It's important to follow the system to the core once in a while you'll miss the bus. It's ok I'll wait until 2:00 PM EST if is necessary. After that not worth the wait.
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
the price has to close outside the box Everything must be done at the close cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
I adjust the number of lots if exceeds 20 pips. the 20 pip rule, I heard that a lot. It's good just that I won't limit myself on a trade if the stop-loss is passing 20 pips.
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
no problems buddy!!! ok...to me everything is about price. If the market breaks the box even for 1 pip, to me, there's an intention of breaking that level AKA price...good enough for me. still wait for a pullback - that's the only confirmation I ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
oh man...sorry to hear that Only have the .exe file ask this guy, Ronald Raygun he should have what you're looking for. he is a very nice guy I am sure he will lend you a hand
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
yeah...pretty much I use the box with some other stuff ...all price based. Help me keep money management on check among other things. In my opinion just with the box alone you'll be fine. cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
May I have your attention please!!!!! Listen, I notice that today we had a good day with this system. Everything is all rosy......yeepie!!! well, see like I always say, tomorrow it's another day. I can't guarantee we will win..... The trick here is ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
about 2-3 pips no, I don't include the spread I use Oanda for entry - fairly low spread cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
I trade London session, sometimes I trade NY but very seldom Doesn't matter how you use the box...the idea is to be able to mark periods of consolidation and to be in line when the breakout occurs not a hard and fast rule. welcome to the club!!! ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
about taking profit, that's pretty much up to the trader. I am happy with 20 pips a day...sometimes I make more but that's pretty much discretionary.
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
Guys you don't have to trade many pairs...... Take one you like and go for it I like cable, but Euro is fine!!! believe it or not sometimes I go like "minnie minnie mo" stuff...between euro and cable...Aussie is good...swissy is good too..... ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
ouch Alex!!!!! I really don't know Try this indicator to see if it works for you better Man, I havent' look at EUR/USD today I am going to check it's charts to se what happened brb
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
I don't know about you guys, but this is 20 pips in my book......unless I am wrong please don't hesitate to correct me!! there's you have Moving averages used = 0 oscillators used = 0 how many time frames = 1 how many guppy's used = 0 how many ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 16, 2008
I am sitting here watching NY session no trades so far it's very important to see what's happening inside the box the market has bounced both sides of the box. Now seems like is coming back to the south side. You just sit on your hands and have a ...
Nomoretoxic's breakout