Best Thread GBP/USD Breakout
- Thread starter Claudia123
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FormulaOneFan
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It just bounced right off daily pivot. we will have to wait for the direction i guess. unless a clear break happens I'm sitting this one out.
Hi Wil68
For me trading in the middle in this instance is just trading between the range that we are trading? I like to see it break the level before taking a trade, just my own preference really.
Yes etx are great i too use them
CJ
FormulaOneFan
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Breakout is open/close of 1am-6am. The current 7am bar is in the middle of this range and didn't breakout. So no trading in the middle. Also it is closer to the daily pivot. It touched the daily pivot and bounced right off. Breaking daily pivot could be clear indication of the direction of the trend.
It doesn't seem to me to be doing what it says on the tin
Poster's have opened short positions, but there has not been any break-out.
Anybody joining this thread is bound to be confused.
FormulaOneFan
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claudia, i got the short break as 1.6268. I will go short if it breaks that. May I know what have you got?
wow...my 200th post!!
wow...my 200th post!!
p-lab
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Sorry you could also add my name to this. To be clear I did trade inter-range today therefore off topic. Apologies
Claudia123
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claudia, i got the short break as 1.6268. I will go short if it breaks that. May I know what have you got?
wow...my 200th post!!
Congratulations on reaching 200 !!:clap: Yeah my short signal is same as yours.
foredog
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Yes, my trade was a break of the range since about 330am, so not strictly Claudia's rules. Off the exact method but same principles.
I just implied that someone asking what the system is on page 66 hasn't read the thread and just saw a popular thread and wants the holy grail now. It would be more benificial to read the whole thread and see the questions already asked rather than just repeating the same things every 30 pages or so.
I just implied that someone asking what the system is on page 66 hasn't read the thread and just saw a popular thread and wants the holy grail now. It would be more benificial to read the whole thread and see the questions already asked rather than just repeating the same things every 30 pages or so.
Claudia123
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I see no reason why shouldn't all continue to post guys. It's interesting to see where others enter the market and why. we all continue to learn thats for sure. Regarding my own strategy maybe I should edit page 1 of the thread and detail it so any one asks can send them there. Any thoughts?
Claudia, I'd be interested to know how you would have taken a long trade this morning, if price had gone in correct direction. Would you basically have watched the price rise a few pips from 7am open price, and then entered?
I have your buy level at around 1.6310, so obviously it is clear now, but a bit harder for me to see how you would enter at just after 7am.
I have your buy level at around 1.6310, so obviously it is clear now, but a bit harder for me to see how you would enter at just after 7am.
FormulaOneFan
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close to break up but didnt break
Claudia123
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gamma
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Bit confused here wil68 I have the 6 am high at 16334.
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