M15 AU short +11. Init R/R 20/11 pips. image M15 NU short -20. Init R/R 20/11 pips. image

Mika's Breakout strategy

Hiii

Mika's Breakout strategy

M30 AJ short -30 SL. Init R/R 30/21. Another one in the same trap. Well, after much of a trend the likelyhood of a retrace increases.

Mika's Breakout strategy

M15 GU short +11 TP. Init R/R 25/11 pips.

Mika's Breakout strategy

M15 AU short closed @BE. Init Risk/R 17/11 pips. Would have been a winner. image M30 AJ short @ -30 SL. Init R/R 30/20 pips. A mistaken entry or at least mistaken position management as 15 minutes later red US news were coming. Or if SL was over ...

Mika's Breakout strategy

M15 EU long closed @BE. Init Risk/R 20/11 pips. image

Mika's Breakout strategy

M30 UCAD long TP=channel, Risk/R 20/15 pips. +15 pips win.

Mika's Breakout strategy

Try 'F8/common/show ask line' that will help visualize the spread issue at any time. Well I move to BE when price action does not seem to confirm reaching the TP in a timely manner. Sometimes it is a good decision sometimes not.

Mika's Breakout strategy

Hello Happy, In the upper-right black box after the 'S' letter an indi is showing actual spread in points. NU was 13 and AU 16 (1.3 and 1.6 pips respectively). I set TP = channel height. Whatever TP or SL you set that implicitly includes spread as ...

Mika's Breakout strategy

Hello People, Targeting the BO channel width. NU closed @ BE. Initial Risk/Reward 30/16 pips. image AU closed @ BE. Initial Risk/Reward 20/12 pips. Would have made a winner. image GOLD TP. Initial Risk/Reward 300/127 pips. image

Mika's Breakout strategy

BO channel wide TPs this time. NU long -16 pip loss. image EJ +16 pip win. image EU +12 pip win. image AU -16 and -19 loss. image Yeah, as FOMC is closing in more ranging. Today I realized I was trying to swingtrade this BO system/indicator, ...

Mika's Breakout strategy

Targeting BO channel width TPs this time. A loss in GOLD long. image A BE in GU short. image

Mika's Breakout strategy

Another BE on GU long. image A -20 pips loss on UCAD long. Okay this was not well selected on top of a swing already... image What I am doing is take a position using a 1:1 RR target based on the breakout and then trail it, where my initial SL ...

Mika's Breakout strategy

Another BE this time on NU short.

Mika's Breakout strategy

Good Morning All, An AU short ending in BE. Better safe than sorry.

Mika's Breakout strategy

An M5 GOLD loss -23 pips. Makes no sense trading at the end of the day...

Mika's Breakout strategy

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Mika's Breakout strategy

This time entry on confirmation! +30 pips.

Mika's Breakout strategy

Tried this EURJPY long on M5. A loss -23 pips. image I think a continuation confirmation of the BO candle (ie. entry over HI/LO of BO candle) is useful especially when BO from a flat line. This time I did not wait for one in hope of a better SL. ...

Mika's Breakout strategy