Friday BREAKOUT,once Per Week opportunity

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This thread has been discontinued…

Looks like something we can look into.
What about weekend news?
What about gaps,? Do you get filled? Reqoutes? Slippage?
Did you try on other pairs, will work on any pairs?

Very interesting system, I will look into it more. Question? I am in the UK also and haven’t started live trading. Who have you found to trade with?

hi all, you could look into
http://forums.babypips.com/free-forex-trading-systems/45633-triple-threat-exit-strategy.html
and
http://forums.babypips.com/free-forex-trading-systems/45633-triple-threat-exit-strategy.html
for some breakout strategies/system that are used every day not only on monday :wink:

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This thread has been discontinued…

Hi Kasravi and thanks for this very simple system. I live in a time zone of GMT +1 and most of the platforms I use don’t have daily candle for Sunday as we have only our to trade before midnght. What we have is just one hour before midnight on Sunday. On the daily chart Friday is immediately followed by Sunday. How can I benefit from this system?

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This thread has been discontinued…

hi Kasravi,

thanks for your interesting system. could you tell us bit more about your settings. e.g. SL, TP, Trailingstop. Do you place more pending orders with different TPs and TSL or only one?

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Interesting ideas. Will follow.

What are you seeing today Kasravi on the Sunday candle?

Sunday Candle is a nice small inside candle comapre to Friday’s. Look like a good try to trade this Monday Morning.

What’s your win% and profit factor? How long have you backtested?

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If you follow the charts you can see the short entry got triggered.I took my first TP off and now is the time to [B]take the rest off the table[/B].

Cheers.

This thread has been discontinued…

This thread has been discontinued…