You're just trying to make some points out of just a noise. Reading volume on one spinning bar is just a noise, unless you want to go for a few pips (2 or 3) only. Try to read out of several candles at least .. The thing you relying on is even ...

Sonic R. System

I prefer classic entries Also in favor of the general trend .. Let's see what will happen next ..

Sonic R. System

I found out that it's not really how it works .. Because there are always tools that confirm upward moves and there are some which confirming bearish movements. The disadvantage of this kind of behavior is missing the good setups that is in the ...

Sonic R. System

It was really good too see you too

Sonic R. System

Hi and of course special hi to my old friends here .. Sonic & TAH and all those who I didn't noticed their post on last page and are still active. Big thumbs up to you guys for keeping this thread alive and helping traders to find their own way. ...

Sonic R. System

Thanks Andrej

Daily Break Strategy

I'm doing fine with it DB ....

Daily Break Strategy

Hi and welcome to thread I'm really not good with EAs. I prefer to set the orders manually because I sometimes widen targets for TP2. I think deathbait should explain about the EA when he comes around .. Good luck for 2013 Regards, Basber

Daily Break Strategy

Sorry but I didn't get the TP2 thing ..! Regards, Basber

Daily Break Strategy

First learn the basics. Read some source books. Then search for a proper method to trade. There is no shorter way to reach the goal of being successful in trading .. Regards, Basber

Daily Break Strategy

Thanks

Daily Break Strategy

Hi Tim, When high impact news is going to hit the market, a) If I'm in market and in profit, I will set SL @ BE ; b) In market & negative, set TP @ BE ; c) remove the orders if not in market. It depends which news is important. News like jobs or ...

Daily Break Strategy

Thanks for bringing up such a good point Smikester I usually break my risk to half it's normal amount in december .. lots of whipsaws. Regards, Basber

Daily Break Strategy

Nope, not right. Tim, please read the whole thread and examples. It's more than enough .. Regards, Basber

Daily Break Strategy

Hi BB, Thanks for sharing I'm too using S&R zones and Trends for setting TP2 sometimes. I combine another method that I have with this one which increased the profitablity. I have 4 methods that I trade with. Two of them on Daily TF and other ...

Daily Break Strategy

Welcome to the thread Tim Here are the replies .. : 3% risk will increase your drawdown. But afterall, what was given here was the basics. It's a rule of thumb for beginning. Although I don't recommend risking over 2% on any trade from any ...

Daily Break Strategy

Hi Metta, Yes, I'm still doing fine. I must emphasize that I share the main idea. You can optimize it. I recommend working on TP2 for better result. But I think even basic version of the strategy which is shared here, was doing fine. You can test it ...

Daily Break Strategy

Hi Andrej, It doesn't appear on my screen. It doesn't even placed in indicator list when I apply it. Is it only my problem ?! Regards, Basber

Daily Break Strategy

You're welcome Daniel Regards, Basber

Daily Break Strategy

Both approaches have either pros and cons. When you widen your SL to what you called mother bar, assuming the constant risk for every trade, your volume will be smaller, so market should move more in your trade's direction to give you the desired ...

Daily Break Strategy