15 Minute Break-out Strategy

Yes I do. using smaller TF's

Great video. Very easy to understand and follow and I peronsally found it very informative and insightful. Thanks.

Maybe he had the RSI and the MACD on the chart to help him determine when the brackets were set for the high/low range. It is only speculation though. It was not clear in he video.

Maybe a sufficient number of Pips over a defined number of bars is a benchmark for the high and low, who knows?

Newtron Bomb, I have been trading a similar BA strategy, mostly the GBP. Now since in your video you traded the EURJPY my question would be how to decide which is the best candidate for a BA trade that particular morning? Quite often after the Asian session I will find other pairs besides the GBP that have traded in a narrow range. So do you only concentrate on one pair for the BA trade or do you trade more than currency at times? Or how do you find the most likely candidate for a profitable BA trade?
Have you also tried to trade within the range? Sometimes I noticed when the Asian range has been quite large, 8more than 60 pips) the currency will move to its upper or lower boundary, reverse there and move back to the opposite boundary. If you have please share your set up.

And since I I live in Europe and in the US (and it sucks to get up in the middle of the night when in the US to trade the London opening) a BA strategy is mostly off the table for me when I stay in the US. So do you have a successful strategy you could share with US traders to trade the US market time? (By that I do not mean news trades like when the NFP come out) Although, if you have one for those times news times as well, it would be highly appreciated.

I decide on which pair by looking to see if the pattern sets up. If it isnt there I dont trade it. Looking a the chart usually helps with this process.

Yes I do trade prior to a BO of range this is dependant on the condition of the day and is a different set up to that of the BO video.

Improvise and adapt to your circumstances, Look for a range or consol pattern to trade this pattern. There are plenty about at US open.

...I'm not trying to be funny with you but shall I come and trade for you as well.

I'll help people as much as I can but I cannot do it all for you. IF people want an open discussion about trading then I will oblige but I will not hand it to people on a plate and then complain (as they have done in the past) that "it doesnt work" usually because they expect it to be easy, which it isnt.

Hey NB,

I think it's great that you posted the video free for all to see, this is a clear and concise strategy that keeps you out of false BO most fo the time, but enables you to catch most of the good trends! And thus, quite profitable....

I know, because I'm using it as one of my main strategies!!

Keep up a good work, NB!

Loukas

It is not at all clear, but is this a non-FA breakout strategy, just looking for how the European traders push the rates after the Asians have stalled?

Of course not, but I was never shy of asking questions. Only a fool thinks he knows it all!