It is OK for G/U. But it is much better with G/J. I was thinking of trading few pairs, but why? If G/J is the best, I will stay with it. I back tested from January 1, 2009 to now. G/J return was 34% and G/U was only 20%.

4H Box Breakout

I need to say I am a little bit upset about being stopped out after seeing TP3 with short trade. But there is nothing to change, things happen. I will be frank, it is the first time ever I am letting stops been hit and letting profits run before ...

4H Box Breakout

Exactly, guys are going to far here with daily break outs, multiple positions. One thing is to make stop loss smaller or move to BE earlier and another thing changing time frames and adding more positions and starting using some indicators where ...

4H Box Breakout

It was back testing. I only trade second week with this system.

4H Box Breakout

I 100% agree with you. Protecting ones capital is more important than making higher returns which is usually higher risk. I trade one account with 50 pips up, move to BE. This way it has been only 4 losing week since January 1, 2009. A lot of BE ...

4H Box Breakout

Ace, are you really risking 6-8% risk per week? I think it is a way to much. There always can be a string of losses. with 6-8% risk , account can be halved in no time and then should make 100% just to bring it back. I think 2% is a maximum risk per ...

4H Box Breakout

This will be my last trading weekend till October. I am out for vacation since next Saturday. Probably will be able to take few trades if there is internet there. I will see.

4H Box Breakout

I will, starting this Sunday. account where I risked 2% per trade. Now , I will risk 1% with 50% of the box but same pip worth. It must be really good R:R, isn't it? say, 3 trades lost -3%. 1 TP3 taken it is 6%. already 3% up.

4H Box Breakout

Well, I am trading both set ups Original and mine and plus 2 more . we will see over the time where it is all going

4H Box Breakout

Yes, you mean difference in amounts I meant difference in returns in %

4H Box Breakout

Generally, it depends upon market conditions. If market moves strongly and gives break outs and big moves so, Ace original set up is better. But it was not working that well in 2003 because there were fewer big moves that could give TP3-TP4. in this ...

4H Box Breakout

i see what you mean. I meant % return on original amount.

4H Box Breakout

I am not counting pips. it has no sense to me since I am risking 1%, it is 150 pips = 1% an 300 pips box is still 1% just position per pip differs.

4H Box Breakout

Yen, could you explain your calculation? I do not get it. how is it possible to have 15% difference instead of 5%? I used take profit targets to calculate % returns per trade. as I am riksing 1% per trade. so, box is 1% loss. TP3 is 3% win.

4H Box Breakout

It depends upon what we do with stop loss. yesterday that was news event, it is not a regular thing. as I understand. we move stop loss either once only to BE or maximum twice to TP1 after TP2 was achieved and then let it run to TP3-TP4, whatever.

4H Box Breakout

May be, I have not looked yet, but we need to remember that markets change. That's why I decided to trade this strategy with 4 accounts with slightly different trade management rules. I have just started, week 1, so, I will dedicate one account to ...

4H Box Breakout

O guys, if this G/J break out we will have a very interesting Sunday and probably not one. Just check historical data. G/J moves can last for few weeks.

4H Box Breakout

Ace mentioned that he has account with FXDD. to trade as Ace says, we all should have this FXDD demo and that's all. No big deal.

4H Box Breakout

I do not think it is this system. According to this system we trade orders set at the top and bottom of the first 4 hours candle and your short order is a way too low for the first weekly candle. You just want a piece of action

4H Box Breakout

what is interesting here, what is the best time to move stop loss to B/E with this approach.

4H Box Breakout