??? — Where did this come from? We broke trend on 4 hour and out of zone on 15 minute chart and I would really like to tell you I caught it but I did not.

The Zone Break Out

Hi Bogus, I trade the breakout as often as possible so my % is higher. Any method you trade will be better when you trade it all the time. I have fibs on my 4 hour chart too. Last night we had broken the 38.2 from the last up move, so this is ...

The Zone Break Out

Posting trades live — Wouldn't it be nice if everyone posted there methods and trades live so we could really see how well they work. The zone break out method is a winner if you trade it consistently. Discipline is the key. It is difficult to ...

The Zone Break Out

Targets hit again — I have closed my second position for 95 pips. Notice the 4 hour chart I posted about 7 hours ago and compare it to now. Notice the dashed horizontal line in the first and second I did not mention in the previous post. This ...

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Closed 1st — I just closed first position at 32 pips. We are stalling around this area so I decided to bank some profit. Second position is still in play.

The Zone Break Out

Long off 4hr — I am trading strictly off the 4 hour chart tonight. I took two long positions when we penetrated the upper trend line. I did look back at my fibs on the 15 minute and 1 hour and decided to take the long. I am currently up in ...

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Yep — Perfect and do the same thing on other time frames, especially the 4 hour.....This will make a huge difference.

The Zone Break Out

Fibs — I can help you with your fib pulls. Always pull from left to right. In other word you want to put in the direction of the last dominate swing. Check out my 15 min and you will see the pull is very easy. Honestly, I am a firm believer ...

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good — I like your chart and it would be nice to see day separator for one thing. I also would like to see you fib the last dominate move up. Just pull from the last low to high and draw your box between the two areas of consolidation. i think ...

The Zone Break Out

watching — We are coming up on decision time again. Notice we are penetrating the zone but I am going to let it break our last low. I will probably let a candle open under the previous low. Check your current chart and see how we bounce right ...

The Zone Break Out

Good ? — If you notice the 15 minute chart I posted tonight, I would set my stop just above the 38.2 as I have it. No more than 5 or 10 pips. I do not like to take big losses and I can always jump back in. So the straight answer is just behind ...

The Zone Break Out

Hi — Hi Bogus, I am using Interbank FX charts although I don't use them as a broker. I am not sure how your 4 hour would have differed, (You are welcome to post your charts here as well and I will comment) but I had a break of the zone at the ...

The Zone Break Out

BTW — By the way, if you had traded our breakouts last night and taken the same trades I called, you would have done very well for yourself. You have to trust these break out trades, but the odds will fall heavily in your favor if you take ...

The Zone Break Out

4 hr — Once again we are wedging on the 4 hr chart. If you look back to early April you will see the consolidation at this exact level. I think we are going to break trend at some point soon and run for a several hundred pips. I think the only ...

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Setup — Here is my setup for the evening. I may adjust it a little as we progress into the Asian session. Again we have the zone or box drawn between to fibonacci points. I have fib'd the last move up and the zone is drawn at the appropriate ...

The Zone Break Out

Thanks Dave — Thanks Dave, I think you are concentrating on the right things and I look forward to your participation and of course any suggestions you may have. I am always looking for ways to improve my trading. PT

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4 hr — The break of trend on the 4 hr chart was enough reason to take a short position. But, both time frames indicated a trade so it was a must for me.

The Zone Break Out

Current — Typical setup. I used both the 15 minute and the 4hr to go short. I have taken two positions and at this point, both are still in play. We broke out of the 15 minute zone and broke trend on the 4 hr chart. A perfect setup.

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Next week — I am finished for the day. It seems we may go up and test the high of yesterday and depending on New Home sales a little more. I would enjoy some participation and more questions in this thread if you think it has value. I do have ...

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Again — I if you are watching the shorter time frames and wonder why the progression upward seemed to stop in mid air.......check out the upper trend line on the 4 hour.

The Zone Break Out