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- fed replied Aug 13, 2009
I agree, I raised my tp1 to 45-55, works great to get maximum profit.
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- fed replied Aug 13, 2009
carefull for tonights breakout it could be a fake one tonight for both sides, but again because of the MAs are on the top of the price in the 1hr chart, this could be bears night again, when ever the MAs are in the mid it always a tricky one.
0400-0700 GMT Breakout Strategy
- fed replied Aug 13, 2009
wltam is right, the 1hr chart shows the MAs are on the top so in this case I will only go for short for both pairs, hope we all have another fantastic night.
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- fed replied Aug 12, 2009
hi Olie, check this thread the very first post at the end it will give you an example url I learned ib/ob with James from babypips.com forum. It can be very effective, I think it means inside and outside of the bar. but check the link it has ...
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- fed replied Aug 12, 2009
thanks, I would love to trade the breakout in NY time, which pairs do you use?
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- fed replied Aug 12, 2009
awsome, I will look at it as soon as I get back from work. I hate work.
can't wait to see some results.0400-0700 GMT Breakout Strategy
- fed replied Aug 12, 2009
I think I will but I need to master this first. I need at least few months probably. I just wanted to show Genius and thats it. I will not continue with it in this forum. I need some time with this strategy and some results. I am watching it since ...
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- fed replied Aug 12, 2009
so enties with 1 hour and exits with 15 mins. and use g/j, g/u and e/j, which has the most movements but g/j is the master for this.
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- fed replied Aug 12, 2009
This is a better entry if we can use ib/obs I think the 1 hour entries with ib/ob will be alot suitable, 1hr got less noise as I look at it deeply.
0400-0700 GMT Breakout Strategy
- fed replied Aug 12, 2009
hi all, just woke up right now, it was a goodnight sleep. I am was sleeping and when I heard my cell telling me that my last TP2 was completed for my g/j at 3:21am and slept like a sheep.

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- fed replied Aug 12, 2009
g/u looks nice and clean tonight, hope we all have a good night of trading. Pending orders are waiting for bears to jump in to the action. The only thing is g/j is right at support of the 4hr bullish trend, I hope it breaks the support trendline.
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- fed replied Aug 11, 2009
In this example the price opened below the pivot line and the first line to break is the MS1(mid support 1) line for short, could of hit the pivot line and came back to break the MS1 as well or could of break the pivot as well. We all need some time ...
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- fed replied Aug 11, 2009
Genius as you can see the entry was at 157.98 and tp1 is right at 157.24, the price is close to the TP1 and as soon as that hits then I break even with entry#2 but I would put the spread above the break even. The SL would be right above the opening ...
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- fed replied Aug 11, 2009
Hi genius, did you had any good dreams? hehe Here is a screenshot and the indi lines. Last night's g/j price action was great with these lines, I could of made about 200 pips easily with risking very little, unfortunately I don't have a screenshot, ...
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- fed replied Aug 11, 2009
yes yes yes I am getting there, I am soo excited about it too, I need another 6-7 months I will start doing forex as full time and I will use full lots for scalping. I can scalp now and I am trying to establish the breakout as well.
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- fed replied Aug 11, 2009
hehehe
In about 6 hours I will be home, I will post it then and see what you think.0400-0700 GMT Breakout Strategy
- fed replied Aug 11, 2009
I bet you it will turnout something similar as before, I will show you a pic tonight, because I tested it on g/j pair and believe me it was too good to be true, I can see a mercedes in my parking lot right now

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- fed replied Aug 11, 2009
unfortunately it does but mine stays around 6-8, I haven't seen it at 3 yet.
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- fed replied Aug 11, 2009
This one is also unbelievable as well, it is too good to be true, I need to find out what is the catch like last time.
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