Myfxbook account public for opening range breakouts

[vlad]

Vlad can you maybe give us examples this coming week of your new method.

sold gold during asian session; made 5 percent already today

[fxMarshal]

sold gold during asian session; made 5 percent already today

Vlad,
I understand that there are two different sentence-s

first
----

sold gold during asian session

------
and second
-------

made 5 percent already today

.....
but some of our new friends here
will think that you sold gold today during asian session and made +5% with this trade

[fxMarshal]

Amazing work Vlad.

I spent some time reading and watching those videos but I could not get any results from my testing.

How were you able to profit 95% in a day when there are only 2 major sessions opening per day?

I must be missing something here, anyone else have a look at this and got it to work?

IMHO, You haven't missed nothing, my friend.
ODR cannot be used in forex markets, cause ODR strategy is bias based
and bias is not real force in forex ( maximum 2-3 times in year ).

And You do not trade shares, as I see

[vlad]

sold gold agian in NY

[Saamwerk]

Vlad could you please share charts?

[Saamwerk]

There seems to be a lot of confusion regarding ODR in this forum

[vlad]

There seems to be a lot of confusion regarding ODR in this forum

Hi Samwerk,

wht is the confusion?

Here is my chart and action for today

the greyed out area is the Opening range NY session 15 min

https://www.tradingview.com/x/GmPDYpdV/

Not a good day for me today; as i went away from screen only to see price reverse all the way up;.. i was up USD 2000 in profit; closed only on USD 500 profit

[vlad]

Amazing work Vlad.

I spent some time reading and watching those videos but I could not get any results from my testing.

How were you able to profit 95% in a day when there are only 2 major sessions opening per day?

I must be missing something here, anyone else have a look at this and got it to work?

IMHO, You haven't missed nothing, my friend.
ODR cannot be used in forex markets, cause ODR strategy is bias based
and bias is not real force in forex ( maximum 2-3 times in year ).

And You do not trade shares, as I see

i think opening range can be used on anything which moves; i prefer to trade few pairs as i dont like to follow 10 different pairs and juggle many balls all at onces

[Saamwerk]

Thanks for the chart Vlad Had the same trade yesterday I I just saw Pavel and Oldmate comments and was wondering if we are missing something I only started testing ODR recently

[fxMarshal]

Thanks for the chart Vlad Had the same trade yesterday I I just saw Pavel and Oldmate comments and was wondering if we are missing something I only started testing ODR recently

Saamwerk , possibly You miss that :

i do ACD with moving avgs and my elliott wave counting (not anil margin;s scam waves) to day trade

Keep in mind, that Vlad is still experimntinhg

if myfxbook gives us right results
from "opening range breakouts strategy",
there is only "opening range" (but not TP, SL, Reverse, etc...)

So it's very possible, that Vlad's amazing results are mostly based on his understanding of Gold movement.
but "opening range breakouts" helps him to trade intraday

[vlad]

today i broke the rule and committed cardinal sin

because gold was at weekly highs; and we were in supposedly abc correction to down from the top

when ORB broke above today during london and Ny session; instead of going long; i shorted it (because of my bias due to elliott wave) and now i have damaged the account

elliott wave is a dirty bias which i have to learn to keep away from me

i dont know if i will be able to get out alive from the bad short

[vlad]

glad i got punished for breaking the rules and falling in love with the trade;

in london session today; bought this breakout

[Oxygen]

Glad to know that you were punished 'lighly' for breaking rules...!!!
(EW extensions are messy...!!! )

[vlad]

i have recovered more than half my loss; only 3k remains to get even

[vlad]

recovered all the losses; day trading rocks

[Oxygen]

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

[vlad]

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

big drawdown? this is vlad's 2 percent

[oldmate]

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

[vlad]

actually my win rate is higher;

the win rate shows less because initially i was refining this method when i started so i used to experiment

also i blew the account also when i was trying to save a trade (broke the rule)

since then i am trying to follow the rules and hopefully u will see now consistent gains

i think i have pretty much nailed it

[vlad]

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

also try doing 15 min NY session breakout with london session breakout - keep your bias on mas

it should work todays range in gold ... buy above solid close above 32 - sell below 24 till 17

[Saamwerk]

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

Oldmate im with you I had a lot of trades which gave A signals both long and short and then reversed for a loss I had very successful trades and is in profit but think i am missing something aswell Would greatly appreciate it if Vlad could help us out

[fxMarshal]

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

big drawdown? this is vlad's 2 percent

I am helping a person with this type of trading,

and can say for sure
2% drawdown become to 20% than to 200% , than to ... .

... there's no limit!


never trade like this, even a Demo

Just stop !