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- fed replied Aug 17, 2009
ok thanks now I got it
I never set up an ea before0400-0700 GMT Breakout Strategy
- fed replied Aug 17, 2009
hi, to which folder do I put this file? and how do I set it up?
0400-0700 GMT Breakout Strategy
- fed replied Aug 15, 2009
I understand that but it works well for me this way, forex is a risky business, total pips I can get max is 135-155 and risk 200 pips and with g/u I will risk 120 pips and max pips I aim is 115pips. It is not too bad, it is not a 1-2 risk RR or 1-3, ...
0400-0700 GMT Breakout Strategy
- fed replied Aug 15, 2009
hi thanks for you suggestion, how ever 30 pips SL is not enough room for g/u and g/j, I put 60 SL for g/u and up to 100 for g/j and break even when my 45pips hit for g/u and 50-55 pips for g/j.
0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
fms hi welcome to this thread. The way I do it is that 2 entries, TP1 at 45 and TP2 another 30 pips, the reason I do that is because I don't live in Europe even I am a european I do live in Canada so when my entries trigger I am not awake and I ...
0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
thanks and also lets thank tasciy for opening this thread, jason and the others (I am not great with names) who made some great EAs.... I hope this strategy continues, as you all know there will be loosing times as well but being consistency is the ...
0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
hehehe good one
so what are you saying this EA will work? I will try this probably when I wake up, listen I never used an EA, I might need your assistance to get it working and I will ask stupit questions if you don't mind. for now good night or ...0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
thanks, I will try it so that way I don't have to wake up, my manager is not happy with my performance at work due to lack of sleep

0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
just woke up for my cellphone and what is going on, fireworks tonight
, just closed 2 or my tp1s for both pairs and to be honest by mistake I have closed both prders for g/u, my brocker is lucking tonight
but the 2nd order is still running for ...0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
hey, I use g/j and g/u. for g/j I use tp1 50pips and tp2 85 and for g/u tp1 45 pips amd tp2 70 pips.
0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
agreed 100% agree. It did break the line so I am hoping the best for tonight for all of us

0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
I am actually in with g/u but the way the MAs are formed it complicates things. but looking at 4 hr chart, a down trend and then it retraced up and now the price hopefully will fall down.
0400-0700 GMT Breakout Strategy
- fed replied Aug 14, 2009
yes both pairs look bearish if you look at 4hr chart
0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
Tonight g/j is bearish but g/u is complicated where the MA 90 is in the mid of the box and MA 200 is at the buttom of the 15min chart but yet it is oposite of the 1hr chart.
0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
hey, let me do some back testing first, then I open a new thread.
0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
last time I sleped and what happend was that I hit tp1 but the price came back against me and lost more then I made.0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
no trade for me tonight. for the others it was a great night for both pairs, I am glad it still worked out either way.
My new style would be 13-14 trades per month and 3-4 loosers. and from those winners 80% would be max of profit.0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
hi nullfx, this strategy is different type of breaking, I don't use any box at all, I use the pivot lines. Because the concept is diff then this strategy that is why I will not talk about it here in this thread but later on either Genius or I might ...
0400-0700 GMT Breakout Strategy