Hey BigPips,
it's your turn. Make some pips tonight. It is my bedtime.
EURUSD -35
EURAUD +70
NZDUSD +28
Kurt
it's your turn. Make some pips tonight. It is my bedtime.
EURUSD -35
EURAUD +70
NZDUSD +28
Kurt
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Extracted Post (per poster's request) 0 replies
Trading 24 hours per day, 5 days per week 14 replies
DislikedHey BigPips,
it's your turn. Make some pips tonight. It is my bedtime.
EURUSD -35
EURAUD +70
NZDUSD +28
KurtIgnored
DislikedHello forexhard and all,
As some of you may already know, i have been involved in several Breakout strategies in the past year on the "London Breakout" and "3 Tier" threads from mer's system, where i wrote indicators and EAs to trade those systems.
As forexhard is pointing out, "Time-based breakout systems (London, NY, Tokyo) are self-limiting."
This was the cause for many losses, and the reason for introducing martingaling mechanisms in the EA to try to turn the odds, with the known risks of the "death trade" if price carries on traversing...Ignored
DislikedGBP/USD chart
It's all a matter of perception and the chart you've posted shows how we can see the same thing, yet think or see things differently.
Using your chart in Post 327, I see the move from the high of approx 1.5956 to the low of approx 1.5924 as normal market movement. It would take a lot more 15 min candles going sideways within a range to be consolidation in my view.
Just my view
DiIgnored