15 Minute Break-out Strategy

This is a discussion on 15 Minute Break-out Strategy within the Articles forums, part of the T2W Site Content category; Originally Posted by goevenu Thank for sharing with us. BTW, how did you find your target of 132.85 ? Is ...

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Old Mar 20, 2012, 8:28am   #65
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Default Re: About your profit target

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Thank for sharing with us. BTW, how did you find your target of 132.85 ? Is there any technical indicators u used or it is just an intelligent guess? cheers
Hi There, targeting is mentioned in the original article here - http://www.trade2win.com/boards/fore...-strategy.html

I also use ATR for calculating targets these days
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Old Mar 20, 2012, 8:30am   #66
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Hi ;

A great video. Can you please tell me why have you decided to sell short?
You mentioned entries below low range or better/ above high range or better.

Are these for Buy/Sell respectively? I am a bit confused
I could be wrong as it was recorded in 2008 but Im quite certain the video talks through a long entry..

If I discussed a short set up its most likely because price was going down and broke the range lows. simple huh!
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Old Mar 20, 2012, 8:43am   #67
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Default Re: 15 Minute Break-out Strategy

Actually the video doesnt discuss long entry, and you sold short!!
The graph shows overall trend was up, and then moved in ranges..
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Old Mar 20, 2012, 8:54am   #68
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Default Re: 15 Minute Break-out Strategy

the updated article and video is as I posted above... Ive asked the people at T2W to correct the article and have not done so which is why I posted the article and updated video in a separate thread.

As to why I sold short, its as I said, price went down... doesnt get any simpler than that
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Old Mar 20, 2012, 8:57am   #69
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Default Re: 15 Minute Break-out Strategy

lol. how many 1000's of demo pips have you made this month.
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Old Mar 20, 2012, 9:33am   #70
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Default Re: 15 Minute Break-out Strategy

Newtorn, i know the price went down im not blind I mean was selling short your strategy from the beginning? Or you waited for breakout and then for the change of direction signal?(Entry)

Cheers
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Old May 19, 2012, 11:43am   #71
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Default 15 Minute Break-out Strategy

A really great article and video - simply explained, (no confusing jargon or terminology). As a rookie I need every understandable tip that I can lay my eyes on to succeed.
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Old Jan 11, 2013, 3:57pm   #72
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Default 15 minute breakout strategy

Great video. Very clear explanation with precise entry and exit levels. Very useful for a newbie trader like myself. Can't wait to test if for myself when I start paper trading.

Thanks
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