Look at the pic and you all will know what I mean, just make sure don't enter to breakouts if the fib line is above or belows the breakout line. In this example the fib top line is below the breakout line which is telling you clearly that it is a ...

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Genius thanks again for the fibs indicator, wow it is amazing. It won't make your trades perfect but you sure can filter most of the bad trades and get your winning rate higher.

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Thanks, sounds great, I will use it. Ok so the fibs that show above the break low line so this will be a false break if the price breaks the low line, but instead we will look for it to break the high line later on?

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I will leave it for this week, I don't want it to be like last friday. I had a good week, so goodnight and goodmorning.

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If none of the pending order breaks then keep it till noon EST.

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yes I just noticed that as well, as soon as that breaks then that might blow our box tonight.

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I am looking at the price tonight and it looks dead and plus it is middle of the box still at this time. I am thinking of staying away from it tonight. I will see how it progresses as I keep watching it.

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The range for g/u shows only 50.7 pips, I'll go only for 25 pips for TP1 and another 55 and that would be it for me.

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hi, yes you missed it, hopefully we will have the same night as well. G/J is 2-5 as well. Just demo that for now.

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hi, settings are the same except that the buffer would be 8 pips and 8 pips + spread for long, TP1 35-40 pips, SLs are lil greater around 70-90 pips. I will look at it again. Last time I checked was with the indicator, I will do the back test again ...

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hi Jason as soon as I get home I'll look at it. About the 60pip rule, that could change, it is not 60 pips on every trade but lately I use 60 pips due to the same volitility. If I increase my 60 pip SL to lets say 80 pips then I will increase my TP1 ...

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This is so confusing, alot of date to feed in once to learn about this approach.

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thanks for the info I will do a research, is the website called url

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try it, you will not be sorry, that pair shows better results but make the buffer 8 pips instead of 7 and target for more pips like 45-50 for the first TP1 and TP2 75.

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wow if I was awake(or lived in europe which I am a earupean) I could of made probably over 500pips with both pairs, but I stoped at 250 pips and went to bed.

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hi olie, my back test showed there were not loosing months as far as I remember that is why I am so confi about it. Last night I made alot of pips with both pairs g/u, g/j. I had a charting package called eSignals before with that I was able to go ...

0400-0700 GMT Breakout Strategy

are you guys holding on to your 2nd, 3rd entries tonight? looks like the bulls are really going at it. wow lots of pips tonight hold on to your hats...

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thanks, I appreciate.

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hi what I can tell you about the g/j is that it is 2x better results then g/u. I am doing live trading with is as well. last night I had 120pips from g/j.

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wawarulez, remember the 4h trend line that was brocken last night, look what is happening tonight, that trendline became a resistance and looks like that brock. But eventually that will retace.

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