I don't know where the original instructions are from CTGUy, but he aims to get about 10 pips with a 20 pip stop loss, sometimes he shoots for more pips. The idea here is that a lot of these first breakouts are fake, but they're good for at least 10 ...

7am-9am Big Dog USD Breakout Strategy

if you had a 50 pip loss, than that's not the system that was described here

7am-9am Big Dog USD Breakout Strategy

Yes, 7-9 Est = 12:00 - 14:00 GMT

7am-9am Big Dog USD Breakout Strategy

Thanks

Nomoretoxic's breakout

Nomo, Can you reply to my question, thanks

Nomoretoxic's breakout

Break even — Hi Nomo, Do you at any point adjust your stop loss to breakeven before taking your profit. Also, thanks a lot for the detailed MM rules. You mentioned 2% risk per day, 1% per trade, is that 2% per session NY and London in your ...

Nomoretoxic's breakout

Hi Nomo, Do you not lock in any profit before your target ? even if your target is like 60 pips. I usually set my stop loss 5 pips above the highest level of the pull back plust spread - and how many ever pips that stop loss is, that is what I make ...

Nomoretoxic's breakout

thanks for response

Nomoretoxic's breakout

Kiwi on the NY session — Does anyone here trade the NZD/USD on the NY session ? I've had mixed results with this pair on the NY session.

Nomoretoxic's breakout

Big breakout — Hi Nomo, When a breakout occurs and lets say the pull back doesn't occur until after 100+ pips, would you still enter this trade even after such a large move or do you usually look for a pair to pull back fairly quickly after a ...

Nomoretoxic's breakout

In NY session ? what was your stop SL and TP ??

Nomoretoxic's breakout

thanks for the quick response

Nomoretoxic's breakout

sorry, I worded my question wrong. After the second breakout occurs, when do you enter ? how many pips above the first breakout do you place your position ? (also please let me know if that number of pips includes your spread) thx

Nomoretoxic's breakout

Hi Nomo, Thanks for sharing your method How many pips after a 2nd breakout do you take your position on the cable. My spread is 4 pips with IBFX, would you do 9 pips above break out (5pips + 4 pip spread) ? thx

Nomoretoxic's breakout

what happened to the journal

Malcolms Trading Journal

good job guys I actually skipped last night's trade

GBPJPY 50 Pips daily

I don't feel too comfortable with today's trade, I might skip this one

GBPJPY 50 Pips daily

Yep, that's what I got too except I'm a pip higher on the long entry.. I use Alpari for signals and IBFX for trading

GBPJPY 50 Pips daily

The original poster doesn't trade on Sunday. BTW, sometimes you might get lucky (like today) but most of the time on Sunday there isn't enough volume to push the currency to 50 pip profit when most of the world isn't trading.

GBPJPY 50 Pips daily

I'm not exactly sure, but Can someone confirm this ?

GBPJPY 50 Pips daily