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damonl replied Jul 16, 2008accessing my template..... — I have saved the template on my MT4 chart but cannot find it anywhere in my files to load it for you all. Can anyone help with the explantion of how I would do this? thanks found it...template is now located in the ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 16, 2008it happened to me again..... — once again i was bamboosled by my day J.O.B. eurusd gave me a very valid short signal within 1 hour of my leaving for work that would have at least given me 4 entries totalling more than 175 pips or 8%, could ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 16, 2008closed out all remaining positions before work for less than a .75% loss for the trading session. the good trade today was the gbpjpy which you could have entered around 2 GMT and the usdjpy at about the same time, with a very clear re-entry at ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 16, 2008close all positions on gbpjpy for a small total loss...man this pair is volitile....now i look at usdjpy and where i would be if it just traded that pair.....up major percetage with multiple lots. CT Guy...yes, i will work on a template.
eurusd/gbpusd m5 break-out system
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damonl replied Jul 16, 2008we are curretnly looking for long trade opportunities on eurusd. watch your macd_colored for a green bar to close and price is above both the 55 EMA and the 21 EMA
eurusd/gbpusd m5 break-out system
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damonl replied Jul 16, 2008curretnly eurusd and gbpusd are ranging, but i am in a fantastic trade so far with gbpjpy. lets hope this one goes for a few hundred pips for each open trade. hope all is well and happy trading
eurusd/gbpusd m5 break-out system
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damonl replied Jul 15, 2008that was simply amazing...... — okay, here are my charts and results....... eurusd gave me a total of 5.5% in profit image gbpusd gave me a total of 13.4% image not bad for a night of trading
. now i should get some sleep before work, ...eurusd/gbpusd m5 break-out system
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damonl replied Jul 15, 2008take profit hit on gbpusd...still holding eurusd postions, but have tightened up stops because of my profit so far today.
eurusd/gbpusd m5 break-out system
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damonl replied Jul 15, 2008red news for gbpusd comoing out. I am in a fantastic trade, news is expected in my direction, i have tightened stops and set a t/p at the next pivot level. wow....is this intense

eurusd/gbpusd m5 break-out system
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damonl replied Jul 15, 2008how quickly that changes....currently gbpusd is on the fence and i am long biased on eurusd
eurusd/gbpusd m5 break-out system
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damonl replied Jul 15, 2008gbpusd short biased — Hello....gbpusd has just given us all the factors needed to start looking for short trades. I will now go to the MACD Colored and start entering positions. image
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008tweaks...... — a few things i am gonig to tweak and keep an eye out for, 1. determining if the market is ranging....... I will try to determine this by the amount of times price closes above/below the 21 EMA. it seems in a ranging market that ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008focusing on this as it accomplishes the same, but also takes into consideration the trend and trading only with the trend
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008I have looked into other TF's, but with my limited time i need to trade when i am at my puter. it will work on other tf's and other pairs as well. it might be kind of limited on h4 and d1 charts, but i have not even looked into this.
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008well...had i been able to stick with it all day, we would have maybe taken a few more small losses, but eventually we would have been in the major trend run which would have net us over150 pips each for eurusd and gbpusd. our losses would maybe have ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008eurusd win — Here is the 2nd trade of the night with at 53 pip win. With my previous loss, this gives me a 2% account increase for the day so far. This trade was a little riskier because there was no real consolidation before i took the ...
eurusd/gbpusd m5 break-out system
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damonl replied Jul 14, 2008ADX is a trendfollowing indicator, as all trend following indicators it of course will be far too lagging. the proper way that i think to use a trend following indicator is to trade oscilators in the direction of the trend at busy trading hours. jmho ...
ADX Daily System
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damonl replied Jul 14, 2008gbpusd loss — Here is a trade that i took a little early maybe, but all things lined up. this trade cost me 9 pips only. image
eurusd/gbpusd m5 break-out system
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eurusd/gbpusd m5 break-out system
Started Jul 13, 2008|Commercial Content|34 replies
well....i have posted quite a few threads in my quest to find a system in which i like. i have ...