EUR/USD target hit. All pending orders are removed. Stop for the remaining position will be trailed: image GBP/JPY stop sell filled. Added a sell limit order at 50% of the candle size for a possible retracement: image

Simple morning hours breakout system - forward test $1000 => ?

EUR/USD sell stop filled. Now added a sell limit at 50% of the candle to enter another position for a possible retracement: image

Simple morning hours breakout system - forward test $1000 => ?

Good morning. New day, new examples. EUR/USD: image GBP/JPY: image

Simple morning hours breakout system - forward test $1000 => ?

I had quite some mixed results in the past and to be honest I blew more than one account. So I am nothing special, just one of many others.

BWILC Median Grid trading - low leverage - $1000 => ?

Stopped out. Done for the day.

Simple morning hours breakout system - forward test $1000 => ?

Yeah, I might do that! Continue trailing... image

Simple morning hours breakout system - forward test $1000 => ?

Trailing... image

Simple morning hours breakout system - forward test $1000 => ?

Next candle started. Trailing the stop above the highest high of the last two candles... image

Simple morning hours breakout system - forward test $1000 => ?

First target almost hit... image ...and hit. So now we remove all pending orders and trail the stop for the remaining open position. For trailing I use just the high of the last two finished candles. image

Simple morning hours breakout system - forward test $1000 => ?

After a while the sell stop order got filled. One has a TP, the other not, both have SLs. Added a sell limit order in the middle to catch a possible retracement. image

Simple morning hours breakout system - forward test $1000 => ?

Good thoughts! I agree to them. Actually fundamentals are very hard to trade, even in the long run. Look at the Gold and Silver price for instance. Demand is high, price is low.

BWILC Median Grid trading - low leverage - $1000 => ?

Right, a live example: EUR/USD orders are set, let's see how this plays out: image

Simple morning hours breakout system - forward test $1000 => ?

yonnie, you might be very right with the Euro. I'm pretty unsure about it at the moment as well. My best guess is that we will stay in that range for quite a while. I don't see the Euro drop below parity for now.

BWILC Median Grid trading - low leverage - $1000 => ?

Every comment is welcome, I like it! About that EUR/USD trade, well... yes it's at the upper side of the current "comfort zone" but my bias is upwards for the Euro or better downwards for the USD. Of course that doesn't mean that this will ...

BWILC Median Grid trading - low leverage - $1000 => ?

I will post some... Tomorrow.

Simple morning hours breakout system - forward test $1000 => ?

Thank you. No, I'm not a full time trader and never will be.

BWILC Median Grid trading - low leverage - $1000 => ?

An EA is very possible and shouldn't be that hard to do. I'm just too lazy atm, might do it later. This is for sure not even close to a holy grail but it's simple and might work in the long run. I actually don't know.

Simple morning hours breakout system - forward test $1000 => ?

Do you look for new stuff or stuff that works? Why does it have to be new? I could add some funny indicators (which are completely useless btw because they do NOT add any new information).

Simple morning hours breakout system - forward test $1000 => ?

Hi all, this will be continued here: url Regarding BWILC I start another thread about it!

Morning hours breakout