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- ReekoInvest EUR/USD journal
May 19 SET SELL @ 1.5495 Take Profit: 1.5450 Stop Loss: 1.5525
- nyxxo replied Apr 21, 2008
One thing you need to consider is reliability. With remote access and the like, if the service is shotty/down or unreliable, your signals become worthless. just something to keep in mind.
- nyxxo replied Apr 21, 2008
i agree scyang, you never know how the market is going to react.... i guess thats what makes news time exciting, in a dorky, trader sort of way
- nyxxo replied Apr 21, 2008
i figure with all eyes on the mortgage crisis, and with financial institutions reporting we might see some interesting action this week.
- US Housing data
How significant do you guys think Tuesday's housing data will prove to be for the US Dollar this ...
- nyxxo replied Apr 21, 2008
i work full-time and trade forex part-time. i am just like everyone else in the sense that i hope to one day quit my day job and trade for a living, but it takes some time before you can burn that bridge it is not a myth, i personally know two ...
- nyxxo replied Apr 20, 2008
this is a funny question, because it can only be answered with "yes and no." you cannot predict day-to-day human behavior, but at the same time you have long-term "trends." i guess it really just depends on what type of trader you are - because what ...
- nyxxo replied Apr 20, 2008
I hate to say it, but one can easily equate fibonacci retracements to something called "profit taking" this kind of forex analysis, while fun, does not hold much weight IMO.
- nyxxo replied Apr 20, 2008
Sounds like you have the solid foundation of a sound system here. The thing you want to look for when setting up a trading routine is to make sure that it is something you can stick to day in, day out; regardless of other events that happen in your ...
- nyxxo replied Oct 16, 2007
also, do you set fib retracements every day or just once a week every tuesday? all of these posts make things unclear as to how exactly this works.
- nyxxo replied Oct 16, 2007
and for the buy orders at each fib level.... they are being executed as the price heads downward.... so you are negative pips until it retraces, correcT?
- nyxxo replied Oct 16, 2007
1. so let me get this right.... 10 pips above Lo fib level you have a trailing stop (Is this a buy or sell order? incase the market turns down or what?), and the rest of the fib levels are buy limit orders meant to take profit of daily range. are ...
- nyxxo replied Oct 13, 2007
couple of questions for you.... 1. what time do you set the 5 pip limit buy orders every day? 2. I see you post profit nearly every day of the week, how is this possible when not every day is a bullish day (your buy orders aren't getting executed ...
- nyxxo replied Sep 29, 2007
if anyone cares i found the answer to my question.... ACM (AC MARKETS) guarantees fills on limit orders upto 5000k.... solid broker as well.
- nyxxo replied Sep 28, 2007
im guessing by broker time you mean GMT? lol. yes, 13.3 hrs duration on order is correct then. cool.
- nyxxo replied Sep 28, 2007
joko... also... like you said you arent online all the time to manually cancel the opposite order so that you dont have 2 trades in one day happen... What time do you set your orders to expire 2400GMT + 7 = 0700 GMT? I dont think I correctly ...
- nyxxo replied Sep 28, 2007
bill, i think he was saying in an earlier post if one is executed he won't close it until it hits PT or SL. how far has this system been backtested, and has it been profitable every month? just curious.
- nyxxo replied Sep 28, 2007
cool man... similar to one i planned on trading... looks solid. thanks for sharing
- nyxxo replied Sep 28, 2007
also just to make things clear... if range from 0000-0330 is less than 150 you place a buy order +30 pips from hi/sell order -30 pips from lo of 0000-0300, correct?
- nyxxo replied Sep 28, 2007
how long have you been trading this system?