Hey lucas, You might want to look into the 1 Trade A Day thread. It deals with the London session breakout. Very similar to this Big Dog system. I have been using it also with good results. Tony

7am-9am Big Dog USD Breakout Strategy

Hey kos, I think you have it right. I believe it was mentioned somewhere as an alternative to use the 50% level as a stop to minimize loss. I started to use the 50% idea but changed back after my stop was almost was taken out a few days ago. So I ...

1 trade a day

Holiday — Hi Lolpie, I am not sure today is a good day to test this strategy or to trade in general since it is a bank holiday for both the GBP and USD. Memorial day here in the USA. But there is always tomorrow!

7am-9am Big Dog USD Breakout Strategy

Now that's thinking outside the box! I like that idea and I hope it works for you.

7am-9am Big Dog USD Breakout Strategy

Hmmm.... I have no idea. Oh well at least maybe someone else will learn something about the news page and how the news effects movement. I just know I am going to be paying attention to it from now on.

Nanningbob 4H trading system

News — Hi Nanningbob, I am sure you are already probably aware but if not... for future refernce... FF does have the entire coming weeks news schedule listed including the NZD news on the news tab above. I am not sure how acurate the different ...

Nanningbob 4H trading system

Yes you are correct... It was Thursday Morning. I was just thinking it was still Wednesday because I just got home from my Evening job where it was Wednesday.

1 trade a day

I also went long. I happened to be watching the chart when the big drop occurred at the 0300 GMT candle. I believe it had something to do with the GBP news announcement at that time but I could be wrong. In checking the FF news chart for that day ...

1 trade a day

Yes I have been trying the Fib lines. I was using a set TP of 20 or 30 pips but noticed some days I was leaving a lot of pips on the table. I have been rethinking going back to 20 pips and increasing lot size. I mean it is about making money not ...

7am-9am Big Dog USD Breakout Strategy

You were lucky then! I was stopped out... LOL.

7am-9am Big Dog USD Breakout Strategy

Hi Nanningbob, Nice system! Congrats on your success so far. I think the strong GBP moves were possibly a result of the Retail Sales m/m news that came out early this morning? I was in a GBP/JPY long trade (using a different system) and just before ...

Nanningbob 4H trading system

Thanks so much! I knew there had to be a way.

Fib tool display problem

Paulus, I think that is a great idea. I have been thinking of doing something similar. The smaller SL is very appealing. I was thinking of executing two trades... one being the original trade idea. The second trade... waiting for the pullback. I ...

1 trade a day

It's a small world! I grew up and work in Tulsa... live just south of Glenpool. Keep in touch.

7am-9am Big Dog USD Breakout Strategy

News Lesson — I think I learned a valuable lesson here. They say to always check for news before you place your trade and unless you are planning on trading the news it is probably best to wait until after the news. Well I did check for the ...

1 trade a day

Thanks LeoM, This should be very helpful! I was wondering... are you trading live or demo?

1 trade a day

Hi lucashammer, Sounds like you have a good plan. I have been trading the four major pairs and am only the GPB/USD has triggerred a long trade. As of now it's +15 pips. I meant GBP/USD ... oops I was wondering where in Oklahoma are you located? I am ...

7am-9am Big Dog USD Breakout Strategy

Thanks! More good advice!

Greed and how many pips is enough?

Great advice! I still consider myself a newbie but I already have learned that a lot of what you say is so true.

4H Box Breakout