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- nomoretoxic replied Oct 1, 2008
it's is a clean - stopped out - no questions about it. Like 1 hour before 7:00 AM. Here's my advice to you. if you see the trade not coming 1 or 1/12 hours before 7:00 am, I suggest don't take the trade. But.... if you're in a trade and the market ...
Nomoretoxic's breakout
- nomoretoxic replied Oct 1, 2008
I normally don't trade anything close to 7:00 AM coming down from London session. As to the exact time to stop trading, pretty much a judgment call. I check how the price has been trading inside the box. If get's choppy, I stay out - another good ...
Nomoretoxic's breakout
- nomoretoxic replied Oct 1, 2008
Thanks for posting, swakop. could you please post a clean (no indicators) charts showing your entry/exit and stop-loss? thanks.
Nomoretoxic's breakout
- nomoretoxic replied Sep 30, 2008
Well, if you notice the move was way outside the box. It's more like a judgment call than anything else. 20 pips unbalanced are good when you can trade close to the box. Even so you can still go 1:1. Not a hard and fast rule. My point is to prove ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 30, 2008
OK. Trade outside the box - not the first time. (check my previous charts). I used a 1:1 R/R - 60 pips stop-loss - 60 pips profit target. Money management/load adjusted.
Nomoretoxic's breakout
- nomoretoxic replied Sep 30, 2008
Good question Trade sense. I don't adjust time on the box. I know there will be losses. It's part of the game. I work with probabilities. Actually, as a matter of fact this is a game of probabilities. I don't avoid losing. I minimize risk. I prefer ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 29, 2008
Always here to help!!! it's good to see that the box has a losing period (London) that way you can see, this is not a holy grail. Although it's not (a holy grail) some of you have already see the consistency of the box when a pullback is applied. ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 29, 2008
NY Session — NY session worked out in or favor.
Nomoretoxic's breakout
- nomoretoxic replied Sep 29, 2008
stopped — Well, G/U was not good. I've been telling you , there will be losing days. it's part of the game - you just keep going. Here's where others start to "improve" the strategy. In my case, I don't.
Nomoretoxic's breakout
- nomoretoxic replied Sep 26, 2008
Guys look at my posts . It's Friday. Look at my last post. The markets are shaky. You must keep your ear on the ground. I didn't trade today, by the way. On another subject, I've been telling you guys that you WILL have losers. If you're coming here ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 26, 2008
I agree 100% - a shaky day for trading - all markets. If you go back in time and check all the false breakout, at any pair, you'll be amazed. cheers
Nomoretoxic's breakout
- nomoretoxic replied Sep 26, 2008
welcome!! On your question, yes, we just wait for a pullback. hope it helps. cheers.
Nomoretoxic's breakout
- nomoretoxic replied Sep 26, 2008
no problem my friend. MM = Money Management. hope it helps.
Nomoretoxic's breakout
- nomoretoxic replied Sep 26, 2008
you're doing great!!! adjusting the lot size is the way to go with the box. You will take the trades no matter how far risk would be. cheers.
Nomoretoxic's breakout
- nomoretoxic replied Sep 25, 2008
NY - anything after 2:00 PM - 3:00PM I probably won't take it. But, there's exceptions. On that it's your call. . - If you see the market getting choppy after 2:30 PM - Better to stay out , especially on Fridays. On London - I try to complete my ...
Nomoretoxic's breakout
- nomoretoxic replied Sep 25, 2008
well..what do you know?? people are having a good week here. Always a reminder - the would be times not as rosy as this one. You job is to keep going and stick to the system - be disciplined even in rough times. Cheers.
Nomoretoxic's breakout