there is support area from 139.72 to 139.00. and below another mine fields...

4H Box Breakout

Good, do not forget to take partial profiot and move stop loss to ensure you are still in cash. Their might be breakout so it is good idea to leave part of your position running. good trade.

4H Box Breakout

KK007, you are moving in right direction. drop that 5 minutes time frame. it is of no use. just daily noise. look at 1-4H frames for big picture and you can use 15 minutes for references watching when price is reversing and so forth, but it is only ...

TheChalleger's Journal - My Trading Journey

I guess we gotta start thinking outside the box... so to speak. for example, I need the principles of how to calculate Yen's box and want to back test and start testing my idea of using Friday last candle as a base. I believe it might be a key. why? ...

4H Box Breakout

I hope you are not visiting Russia I like this thread and it looks like Yen reappeared. gotta check what he wrote

4H Box Breakout

Kakyn, may I ask you where did you get this nick ?

4H Box Breakout

you bet 118.82 was the absolute low of this pair ever and it happened just last December. I was so wet behind my ears, i would be scared to death trading this monster than despite seeing it in huge down trend. ah, good times good ...

4H Box Breakout

Yonni, so, what. loss going short, than win going long. with this size of the box and proper money management we can take trades in both directions. this is mechanic system, signals must be taken. with previous Ace full box taking second position ...

4H Box Breakout

Yen! how are you setting your box? i am going to test new variation but do not understand 100% box setting.

4H Box Breakout

hello guys, here i am going to start testing proposed variation of Ace's strategy where i open positions based upon each week last candle. i am ready to start testing. need only explanation how to build Yen box. i think i understand but not sure. i ...

4H Box Breakout

you know , you are right. i actually use it in my discretionary trading. there ius very high probability that price will test 142.26. hence, when it reaches it , we close halh position, right? then what? stop loss to b/e?

4H Box Breakout

as i understand you have been discussing using 4h high/ low as trigger. hence, last weekly 4H high was 142.89+spread it is high trigger, low was 142.26 is low trigger. now, i wonder where we set stop loss in this case .

4H Box Breakout

i think i should back test this and other variation. i need yen box rules actually to start

4H Box Breakout

but it won't hurt us since we have no opened positions over weekend. it ig gaps through our trigger long we go long and same with short. i need yen box rules to back test. i visually noticed that week last 4h has potential for good returns. ...

4H Box Breakout

Yen, could you explain me how to calculate your reduced box again?

4H Box Breakout

i see. Pharoah, what do you think of testing this new Ace system version? 1. trigger week last 4H candle close high/low when Sunday starts. 2. stop loss as per Yen 3.closing half of TP1 as per you i will back test if starting from January 1.

4H Box Breakout

I am back ok, as i understand the new trigger idea is to use just 4H candle close as trigger, right? i think it is reasonable as we are talking about 50 pips stop loss. 20 pips is almost half of it. it is too wasteful. but when Pharoah is talking ...

4H Box Breakout

i cannot download it into this blog, size is too big. PM me your email and i will send you complete history. i am done with this account and returning to live trading since Monday.

4H Box Breakout

0:2 leverage means that i open 1 position on $100 000 account with just $2 per pip and my stop loss would be $1000 = 1%. but i do open more positions all of same size but stop loss usually same place, take profit whenever it is reasonable and leaves ...

4H Box Breakout

Hello Pharoah! the set of rules is long and i am going to read it carefully after i am back home. i understand the premise. it is multiboxes

4H Banker Buster