Now — I have pulled a fresh fib from the the last swing ( fib in black ) and we can do this all again. I have set my second position stop loss just below the 38.2 retrace at a profit of 60 pips. So now the worst we can do for the day is a ...

The Zone Break Out

Good — Good move! I still have my second position long but set to stop if we break down through the 38.2 from the last swing.

The Zone Break Out

Today — The breakout was pretty simple today. We placed an order for two positions when we broke out of the top of the box. Remember we placed our order when the first candle opened outside the box. We closed the first position at the -61.8 ...

The Zone Break Out

Good one as usual Sherm.

The Zone Break Out

Big Day in the Zone 316 Pips — Big breakout day today. We broke out of the Zone and it was off to the races. Took profit 1 at 128 pips based on small reversal and 4 hour and daily charts. Took 188 pips on 2nd position for a combined total of ...

The Zone Break Out

Zone is Set — This is the current setup for the zone breakout. I will take a long if we break high of yesterday and a short if we put a candle under zone, or 23.6.

The Zone Break Out

Current 15 — This is our current chart on the 15 minute time frame. We are watching price consolidate so we trade the break later. I will post a chart with the zone later.

The Zone Break Out

no — Nope! I have found the most important fib levels are the 38.2 and 61.8. Never heard of anyone using that fib.

The Zone Break Out

Crucial Point — We are at a crucial trend line on the 4 hour chart. The lower trend which has held for nearly a month is being challenge at this moment. If we break here, look for a run down to the 38.2 level of the last up swing. If this ...

The Zone Break Out

Current — This is the Zone. A break outside the box on either side and I will take the position. Remember to filter this with Price Action and look at other time frames.

The Zone Break Out

Thanks — Thanks for your answer. I don't use any lagging indicators or ma's but I will check other time frames and see if they could be the filters. I will let everyone know what I find out. Thanks for sharing your time and efforts. Bill

4H Box Breakout

Filters — As a Professional trader I don't often look at breakouts or any method based on a specific time, ma, or anything like that. However, I have back tested this method and it looks pretty good. I wonder if you have an filters or anything ...

4H Box Breakout

Great day for the Zone — As you can see we fib'd the entire high to low of yesterday on 15 minute chart. Perfect setup as we broke long across the 38.2 fib. I took 2 positions on the first candle that opened outside the box and you can see the ...

The Zone Break Out

4 hr — Notice the lower trend line on this 4 hour chart. If we break short it should be a good run probably down to the 61.8 fib.

The Zone Break Out

Hey — Good to see you. I have been behind for a few days on the posting but I will be more up to date now. I have been working on some free signals for this method and they will be available soon. Thanks for participating.

The Zone Break Out

Good Job — Good job. Letting the market dictate your move is the key. Sorry I have been behind on the posting. I am actually working on some signals for this method which I will be providing free in the near future.

The Zone Break Out

Setup — Here is the setup for the night. Lets see where it goes from here.

The Zone Break Out

Hello — Hello and happy to see you back and trying again. Honestly I enjoy answering any and all questions. I do teach classes so when I get questions here, it keeps me fresh for the classes. I will be posting my chart setup now every evening ...

The Zone Break Out

thanks — Thanks, I actually took Friday off but hopefully I can help you. I will be posting my setup including where I have pulled my fibs every evening including my chart. There will be times you just lose in this method, and you will never ...

The Zone Break Out

Geppy — Just a little breakout from last night for the GBP/JPY lovers. This is a 4 hour chart the trend line break and yellow area is from the break last night.

The Zone Break Out