A Basic Breakout System

[johnnykanoo]

look i apologize the fact is I like you and ive read alot of your posts. As of lately i feel that bps getting alot of people trying to sell themselves. im not going to mention any names anymore but to me it feels preditorial in nature, like who can we take advantage of next. I noticed you on ff answering all there questions and when I never saw your presence here I guess my bad feelings got the best of me. So from the bottom of my heart I apologize and would hate for you to hold it against me.

[4xStar]

Originally Posted by elang

If anyone needs questions answered they can visit the original thread located in forex factory.

Hi, I have studied the posts on FF and also here and at times I see what you are saying, but then on other charts I do not get it again. First of all, it appears these signals are few & far between, right? Working on the 4 hour charts it looks like maybe 1-2 per week per pair? And in several cases it seems there is a large drawdown before the payoff, I see in some instances a dd of more than the final profit.
In the chart on post #12 when price broke up through the green line, then retraced, I don't understand the placing of the first blue line .. that is not a pivot point? And why the multiple other short blue lines .. what are they?

Thanks for all your hard work, I may be just too thick to get it yet I will keep trying and maybe check out your chat as well.

[Maverick731]

Originally Posted by Sweet Pip

Hi Maverick,

Took me awhile to find out how to do that too but eventually I found that using trend lines with the "Ray" box Un-check, you can draw lines any which way without the line extending past the end point. Right click on the trendline, goto trendline properties and select the parameters tab and the "Ray" box is there.

Hope that helps

what do you mean ray box? I can't find it a picture would help