The EJ take a little longer to break and reach target, however best performer so far.

Frankfort Breakout EA

GA and GCHF charts. Today, the GBP crosses were breaking immediately and moving to target by 10AM (5AM NY time). These are ideal to be out prior to NY.

Frankfort Breakout EA

I have begun evaluation of best days to trade. A chart is enclosed from first week and a half. Very clean Monday and Tuesday this week, especially the GBP crosses - hope that continues the rest of the week. I will post a few charts to show this and ...

Frankfort Breakout EA

Occasionally, I will bail out of a trade early when I see red flags. Enclosed is the AU, which today I closed early, even though the price remained above the breakout point. This pattern usually begins a pull back, so in this case back to point 1. ...

Frankfort Breakout EA

This methodology worked out well today on most pairs and we had a nice follow through from NFP. The GU and EU broke the opposite way and passed on those trades. If they would have been taken with the system, would have been winners as well from the ...

Frankfort Breakout EA

After doing some homework on the Monday after NFP, there is usually continuation in the same direction. Enclosed is the EU chart from December and GU chart from November. So, on Monday I am going to trade the system with a bias for continuation, ...

Frankfort Breakout EA

Good concepts from GA trades...

Frankfort Breakout EA

Good and bad from the EG...

Frankfort Breakout EA

Although the GJ and GU went flat on Thursday and did not go to profit, they did break in the right direction. I took the Wed trades off after a few hours and made a few more pips. As long as it is above/below the 6AM high/low, perhaps in ...

Frankfort Breakout EA

I use his Daily Line Boxes indicator, which is awesome. He contributes great stuff for us traders. Thank you for the info about the EA. Even though I don't believe I can get it to enter on this methodology, it provided some additional ideas. Best of ...

Frankfort Breakout EA

Here is an example of GJ and possibly continuing today's position. Originally, my thought was to end the trade if stop or target was not reached prior to the next European session. However, why not let it ride into the session and if it breaks in ...

Frankfort Breakout EA

Claudia, thanks for the info and your EA is solid. It has about every functionality I was thinking of in post one and a few others I did not include, such as the large move in Asia prior to Europe. The only difference I can see is the logic of ...

Frankfort Breakout EA

Sesamstrasse, first off my apologies and quite embarrassing . I believe that is a clear example of as my age increases, my brain cells actually decrease. I have changed everything I can on post one. I might have to lobby FF to assist me ...

Frankfort Breakout EA

Everyone, thanks for the kind words and comments. The trade explorer is up and should be activated with the first couple trades. We will begin making some trades and logging some data....

Frankfort Breakout EA

One final example of the UCAD and it shows one of the bias I have for the system. I believe the EUR and GBP will perform better versus non-European instruments. Commodity currencies as well tend to be a bit choppy. However, we will see this in the ...

Frankfort Breakout EA

Example of the EU.

Frankfort Breakout EA

Here are a few charts to show the logic of the system. First is the GJ. To clarify a few items on the chart: The red horizontal lines mark the high and low point of the 6AM (London) / 1AM (NY) candle The blue horizontal lines are the point of entry, ...

Frankfort Breakout EA

audusd - We got the break through of the 97 handle, now taking long entry at support.

Looking For "COUNTER TREND" To Become "TREND"

euraud - took of a portion of the position to let rest run at 1.3396. I am expecting the pair to come back and retest old support then continue down within the channel. I will add to the position on a test of old support around 1.3480. H1 shows a ...

Looking For "COUNTER TREND" To Become "TREND"