Whilst not part of this system for those MT4 guys that don't have 2 hr charts. On 1 hr chart a S EURJPY 22 Apr at 22:00 W's % R crossing the -50 line at 161.54. This entry was within 30 pips from the most recent top and would only have needed a very ...

Williams % R system

Trading breakouts is for me one of the most dangerous strategies and maybe works for Rob if he is ruthlessly going to cut and run at 10 pips. Ever heard the term false break, head fake etc etc. For a breakout to happen price turned somewhere ...

Strategy:10, by Rob Booker

Most of all I'm trying to look for a place to enter. A pivot, previous supp or res level. Or if I think the market has turned I'd rather buy for example when stoch, W's % R are oversold and turned up on 5 or 15 min chart than be waiting for them to ...

When Do you Enter a Trade?

"Insider stuff" sounds very interesting looking forward to hearing about it.

My Path To Financial Freedom

How many lots are you talking about?

My Journal 200 pips a week minimum

Hi brxxt I've sent him the details. GBPUSD obviously in a trend up. When you are going against a big trend do you think it might be then worth looking at the 1 hr, you'll get a better/earlier entry and if it fails a smaller loss. If the trade is ...

My Path To Financial Freedom

It seems that to exit the above trades was the right choice, price coming back particularly GBPUSD towards the central pivot prior to news at 4.30.

Can I make 40% per month consistently

Decided to exit the above trades with $616 profit so with 3 trades for the week we have: Week 1 Goal for week $1000. Profit for week $1096 So after being up from 2am my local time I really have to scramble to get to work. Am I happy with the week ...

Can I make 40% per month consistently

I'm also not a big fan of MA's to get entry. You cannot however go wrong with buy the dips in an uptrend and sell the rallies in downtrend. I've normally used 50, 100 and 200 ema's for support/resistance levels but we'll certainly give these a ...

Cornflower Hourly System

Its also perhaps worth mentioning that this system (for these 2 currencies only) is not going to give you a trade every day. Maybe 2 per week but it does give good returns and is just one of those set ups that you need to keep an eye out for and ...

Williams % R system

I've had a quick look at the 1 hr chart and it looks like you will also have good success if MT4 brokers don't have 2 hr charts. Obviously check properly first though before trading live.

Williams % R system

This is for the 2 hr chart for these 2 specific currencies. For some reason I have struggled to get decent entries and was getting stopped out a lot. So I looked for something that gave decent win percentages but a much better RRR. Just to try and ...

Williams % R system

This is a great example of how the Daily Fozzy settings work really well, 8 RSI red punching through 8 SMA black. W's % R punching through -50 line. See 8 am on 19 Apr.

Daily Fozzy on all time frames????

To follow the rules I use 50, 100 and 200 ema's on the 2hr chart and they should be stacked in right order 50 at the top uptrend and 50 at the bottom downtrend. In times of volatility I will take trades against this if ema's are flattening out or if ...

Williams % R system

For this system I use 2 hr charts. It establishes the trend and thats usually why you don't need that big a stop especially for GBPJPY which can jump around a lot. I do take other trades on these currencies from 30 min charts also looking at ...

Williams % R system

EURJPY Last system entry was open of todays 10 am candle B at 160.67, again the stop needed was virtually nothing. Current price 161.51. GBPJPY Last system entry open of todays 12am candle B at 237.04 price retraced 21 pips before heading up. ...

Williams % R system

Open trades GBPUSD B 2.0039 S 2.0017 T 2.0095 Stop amended to 1.9999 2.0017 was too optimistic. GBPJPY B 237.57 S 2.3690 T 239.03

Can I make 40% per month consistently

Not much more than the 40, 50-ish pips. Depends on where last support was EMA"S etc. Just bought GBPJPY 237.57 S 2.3690 T 239.03.

Williams % R system

Best of luck. I tend to go overboard on the indicators so I'll watch with interest how the other half do it.

A Trading Experiment

Forgot to mention that the live post for this last trade was written under url Daily Fozzy on all time frames??? thread. Its official the Fozzy 8 RSI, 8 SMA, Bol Bands combo works on all time frames, its magic. Not on its own but in conjunction ...

Can I make 40% per month consistently