100% stop loss I made 1 trade per side, but will do now only one if first is lost. 50% stop loss, I am making as many as I get signals. I set 2 , one on each side. One got hit and lost, I set another and another. Especially on short side. I am ...

4H Box Breakout

Thanks Bob. I enjoy being here among like minded men

4H Box Breakout

he he, I am short again

4H Box Breakout

exactly. It also gives an opportunity to cash big on even TP3 move. Right now we are at cross road. I am sure, you will bag nice rabbits but I will be away since Saturday for 4 weeks.

4H Box Breakout

I know, but if you have not noticed when the big move starts there tends to be 2-4 weeks of TP3 winners. and when market really moves it never comes to hit even 50% of the box. Momentum. Right now it is indecision. 1 win covers 6 losses. I want see ...

4H Box Breakout

Yes, I am on vacation starting this Saturday and will be back only October 4. I am sure I will miss some moves. bad luck.

4H Box Breakout

This pimp gonna burst, but in what direction. The strategy is great but timing to start was bad. Some guys were lucky to start 2-3 months earlier. Anyway, the whole point is to stick with rules in good or bad times. Keep losses small and let profits ...

4H Box Breakout

I actually went long on my discretionary account. Nice pips.

4H Box Breakout

I am testing. 100% stop loss with orders on both side is done for a week. I actually believe there is only 1 trade for a week if it is losing trade. I will follow this rule now. But 50% of the box? well, I trade it like this because R:R with TP3 is ...

4H Box Breakout

I entered with 50% of the box position. This account will take all signals till Thursday. Because R:R in case of breakout and win is so good.

4H Box Breakout

I told from the very start that if we have 1 loss no more trading for the week. Only if it is win or BE we can trade. With 100% box stop loss win/ loss R:R is just not enough to cover 2 weekly losses. Since no on if first trade is loss this is what ...

4H Box Breakout

Yeah, I was seeing these levels too. But this is mechanical system. what if there were a break out? and 170 is not that much for G/J. I was scared to contra trend this pair with S/R cause of its violent nature. If it breaks out we are in the money. ...

4H Box Breakout

i am not out of my long positions on 100% box stop loss. these weeks there is no opportunity to test different take profit rules. we are not getting there to manage profits

4H Box Breakout

The more I see it the less appealing becoming for me idea of partial profit taking in this market conditions. The only way to take partial profits if to take partial losses. May be doing same thing, like closing 50% of position when 50% of the stop ...

4H Box Breakout

Yeah, 50% stop loss hit too. but I am going to keep entering with 50% again.

4H Box Breakout

I personally think 50% stop of the box is a better option. if we keep entering we will get our 6:1, 8:1 R:R due to above mentioned randomness and probability of real breakout.

4H Box Breakout

sorry man, it is me who figured it pretty well. I set the box size 100% right. 4 1H candles with Oanda. plus 40 pips buffer and spread for a long side. I got this system right from the start... well, I wanna see some profits It looks like I ...

4H Box Breakout

and by the way. GBP news are coming soon. bankers all got rested and are eagerly awaiting news to push some buttons. The question is are we on right side ? or it will go all the way down again.

4H Box Breakout

Man, doesn't it look odd? the difference in box size is just too much. you are at 152.71, I am at 152.57, another guy 152.37. I have calculated on Oanda strictly according Ace rules and added 5 pips to hide behind R1. i doubt there is such a huge ...

4H Box Breakout

ok, I am long now.

4H Box Breakout