billbs — I know what you're saying but avoiding doesn't make FF a better place. It's because good traders won't add positive and constructive criticism that some threads (and we know what we're talking about here) become corrupted. Don't just ...

Threads I Avoid

Will you start a new thread with it? Because it's not relevant to this thread. The London open at 8am is 3am EST or 2am CST which is why it's not a good strategy for American posters. I think that is why it got changed. I don't have a problem with ...

0400-0700 GMT Breakout Strategy

Yes. That's the end of the Asian session and the open of Frankfurt. It moves but it's a bit muddled. Shiva: This thread boxes out the (UK time) 5am till 8am candles on the 30 minutes chart which takes in the 8am - 8.30am candle.

0400-0700 GMT Breakout Strategy

It's important to new traders to know what they're reading and what you're discussing is so far off topic it's just confusing and badly researched. I would really, respectfully, suggest that you start a new thread.

0400-0700 GMT Breakout Strategy

OK Grant thanks.

0400-0700 GMT Breakout Strategy

What strategy are we trading? — Another thing you need to do is see this as a break out strategy. What is breaking out? The London open is breaking out. London opens at 8 am UK time. Forget BST and GMT. London opens 8am UK time summer or ...

0400-0700 GMT Breakout Strategy

I don't want to rain on the parade but that box would have killed you in April. Even with buffers. Trading with the trend would have got you through, though. I understand the problems our friends in the USA and Canada have with the original strategy ...

0400-0700 GMT Breakout Strategy

There is a clue, here, somewhere... — Yes I think there is a fundamental error in the original description of the strategy. 4 - 7 GMT is indeed 5 - 8 BST. But mentioning GMT and BST confuses the issue in my humble opinion. Basically we are ...

0400-0700 GMT Breakout Strategy

On page 1 of this thread tasciy sets the period as 4 - 7 am GMT which is 5 - 8 BST. 8 am is the London open. We are still 75 minutes away.

0400-0700 GMT Breakout Strategy

Counter trend — Can I just add that today's cable break out for this strategy was against the current trend. How many pips will you get on counter trend trading as opposed to with trend in the long run? Another question: Would you rather miss ...

0400-0700 GMT Breakout Strategy

If you scroll back in MT4 to, say, 1st April 2009 on the 30 min chart, making sure chart shift and autoscroll are NOT selected, you can move forward in time using the f12 key. Now all you need is a pencil and a squared pad to record your trades. May ...

0400-0700 GMT Breakout Strategy

Forget ea's. Use the F12 key and you'll learn a lot more.

0400-0700 GMT Breakout Strategy

Draw down — Can I just chip in here? You're on the right lines but if you take the break out trade in the correct way then you'll get less draw down and fewer false break outs. I am no expert on break outs but I do know it can be better to ...

0400-0700 GMT Breakout Strategy

Mr Fishbones! — Thanks for the clarification.

EUR JPY Traders

Fair enough — OK, sorry if I sounded dismissive. (You probably know) There are some interesting ideas for trading pullbacks on Youtube.

Pullback entries

LOL — "It doesn't want to go up," said Marvin simply, "I think it's afraid." "Afraid?" cried Zaphod, "Of what? Heights? An elevator that's afraid of heights?" "No," said the elevator miserably, "of the future..."

Auslanco - GBP/JPY and GBP/USD (newstrade)

If you're not sure... — If I'm not sure I stay out. I make enough mistakes when I am sure. EUR/JPY is trading above the hourly, h4 and daily 200 sma's. It's still in the channel it has been ploughing for the last 3 weeks. What more do you want ...

EUR JPY Traders

Let go — The danger with trading pullbacks is when a serious reversal takes place - a la GBP/JPY. I try to trade break outs and look for volatility so that a pullback is unlikely to be an issue. In any case, we should set our market order ...

Pullback entries

Yeah gez. I'm glad it worked out for you. Nothing to do with the original strategy though!

The DIBS Method... No Free Lunch continues