EU — Early birds caught the worm this morning (i didn't), another great opportunity using this strat.

EU Intraday System

EU — ...great with hindsight.

Indicator Free Trading - Skunny

...i asked the same an hour ago, a few posts back I need to do more due diligence on the expectancy of this approach.

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Thanks FxH. Apologies for the inquisition - i notice your TP levels vary (post 30, 40 pips, this last trade 30 pips) but in order for you to pull the trigger, what is your minimum reward:risk potential, as the last trade was less than 1:1?

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...yes, the last piece in the jigsaw and probably one of the most important.

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soft US GDP data — The soft US GDP figure released gave EUR the boost upwards. I wasn't refering to data around the short setup i posted. Sorry for any confusion.

EU Intraday System

...the data acting as the catalyst, as always Nice one, dsugums.

EU Intraday System

EU short mngt — ..although i was able to scale out on the momentum short earlier, there's enough reason for me to have stops on the remainder at breakeven now...given it's a friday and the US data was soft. edit: ...yep, stopped on the ...

EU Intraday System

EU short entry — ...now short on an alternative 123 break - also notice how the MAs are in synch pointing down.

EU Intraday System

EU - rejoining the flow short? — ...watching closely now to see if there's an opp to rejoin the longer term down trend.

EU Intraday System

Thanks FxH, good to see you aren't using other price action filters on entries other than the 2 closes beyond the buffers. My long entry was valid, as the close with my charting was above the buffer. MT price feed variance unlikely to prove ...

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Also intrigued to hear FxH's opinion on the EU long failure..did he take it, if not why not? does he take into consideration the breakout candles pattern/strength/weakness etc? The GU short BO was certainly inadvisable imo, as it immediately ran ...

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Stopped out - back to sitting on hands for the next BO.

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EU — I also stray 'off piste', as Islander puts it and regularly use the 138.2 fib extension for intial targets from the sort of swing price action currently shown by the latest EU CZ. A 15 min close below the 61.8 inner fib will give me an ...

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Thanks FxH, i took this too and trailing behind the swings, although now at yesterday's demand CZ so will bail soon. I placed the initial stoploss at the top of the blue box (below the buy buffer), where did you place your initial stop and why did ...

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USD/CAD — 15min chart with indi set to 22/15/30, Autoboxrange=true and ADR30x0.2. I wasn't around to trade this but a picture perfect example of a supply CZ breaking down and pivoting at a previous demand CZ.

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EA Short — ...just taken the hrly EA short.

Simple Simon Balance Line Trading

...i think there was a trailing stoplosses vid posted a while ago, ...might help you let the trades breathe a bit more. url

Simple Simon Balance Line Trading

It has a +ve expectancy, but the drawdown periods tend freak most players out

London Open Breakout-M30

The best breaks from consolidation are those that move away with strong momentum and these tend to be found at key support/resistance levels. It suits me to keep the stop in the original position until further support/resistance levels are created ...

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