Yeah, this account I am running like you say. B/E after price moved to TP1. Move to TP! after it went to TP2 and leave it for TP3 in my case. It is either TP1 or TP2. am I right? Any range gonna be broken. It is good to be there when it is broken.

4H Box Breakout

I am actually building record to trade OPM. so, this system looks very good to trade big amounts. I have been scalping but it is a way too stressful and it won't work with big amounts. I am not that good at developing strategies but I am very ...

4H Box Breakout

Ace, thank you very much. I actually has been checking and TP3 appears the most reasonable target over the time. I am moving to B/E, then to TP1 after TP2 reached and then let it run to TP3. If it goes there of course Who knows, it might be ...

4H Box Breakout

Frankly, I have tested results for both TP4 and TP3 and results are slightly better for TP3. 1-2% better. It is quite a reasonable target for this pair.

4H Box Breakout

Yeah, rules must be followed. This system is profitable in the long run. Plus, we are in ranging condition for now. It is going to end and in a violent manner. It is good to catch that move.

4H Box Breakout

I am thinking of possible setting long entry order since my previous was actually a wrong one. Did not include spread and should not have been triggered in the first place.

4H Box Breakout

I wonder, why are you asking this question? This system says, set one order above and one under. That is it. I did not take any positions. I just set orders and market opened it. My mistake was forgetting about spread. Otherwise position would not ...

4H Box Breakout

This system is about discipline and letting profits run. Most of profits made on few months in a year.

4H Box Breakout

ok, long positions lost. I am short on 1 account. The rest flat. Gotta check spread before setting orders. Good lesson.

4H Box Breakout

Yeah, I also forgot to add spread this time. So, I am in. Let's wait what will happen. G/J is in uptrend. I would not bitch about few pips mistake. Loses is possible and 1 loss means nothing as well as one win. I left sell order only on one account ...

4H Box Breakout

Interesting. what was your box size?

4H Box Breakout

It would not. If 156.70 won't hold 157.00 has high probability to go bust as well. Plus, system says 20 pips so it is 20 pips. If to follow this logic we can move and move orders which is not good. Keep things simple.

4H Box Breakout

and well, it looks like the price is coming back.

4H Box Breakout

it did, but I do not think it is for long. It has bounced from there way too many times over the last week.

4H Box Breakout

Probably we are going long. I have to make some changes from FXDD to Oanda.

4H Box Breakout

Box size is 155 pips.

4H Box Breakout

Ok, here we go. Candle has just closed. I set limit orders on all 4 accounts. However I decided to go only with G/J. It takes long time to run about all these accounts with 1 pair. more pairs will mess things up and might cause mistakes. Anyway, G/J ...

4H Box Breakout

[quote=11andy11;2982753] You should have read what Ace wrote. Sign with FXDD MT4. do what Ace says on page 1 and you will see the candle he mentioned.

4H Box Breakout

The system has been back tested. The principles should be followed. But money management can differ. I personally do exactly as told, but make small chane in money management and will be really trading all versions including original live funds ...

4H Box Breakout

Keep making things more complex than they are , buddy.

4H Box Breakout