Stacking pips since 2002
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It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies
vForce EA 18 replies
DislikedI thought I'd try out the system on GBPUSD and I had 2 trades that were both positive. I typically use support & resistance to judge my entries. The green lines are the S&R levels and the purple circles are the 2 trades I took. Both trades were against the long term trend so you "typically" wouldn't expect either trade to run for hundreds of pips.
Just a word of caution that no system/methodology should be traded blindly just because it produces a signal. You must evaluate/analyze the current price and determine if you think there are enough...Ignored
DislikedJust wanting someone to look at this to see if i am seeing it right. This appears to be a failed trade, because the Trailing stop never got hit, and so price continued down to hit the Stop Loss. I would have pulled it sooner to stop the bleeding though. Just wanting to clarify what i am seeing. Failed trades do happen, it's part of the game.Ignored
DislikedVery CRISP system and clean entry rules.
You guys did a lot of work in creating this, great job.
One question.
Are the floating REd & BLUE price tags the actual entry point for Long and Short trades with 10 & 12 pip filter figured in?
The short markers seems to be exactly at 10 pips the long seems to also be at 10 pips. That is why I ask.Ignored
DislikedAnyone in the trade that started a few minutes ago? The risk to reward is absolutely grotesque. I took it just as a demo.Ignored
DislikedAnyone in the trade that started a few minutes ago? The risk to reward is absolutely grotesque. I took it just as a demo.Ignored
DislikedThank you for your reply FJ...Sorry me you'r right about trade 1...(just do not notice DT). But i do not understand how you make 137pips move down...Entry was at 1.2817 and goes to 1.2757(40pip move) don't you take any actions ????For example move SL to BE or even into +10zone ??? If though price then pulls back into 1.2830...You did nothing and let it go ?Risk already gained 40 pips ? How you were sure that price will go deeper ? Thank you.Ignored
DislikedOzzie,
I have had positive results also when testing this pair. WhenI feel satisfied with the results ill start supporting it here. In the mean time if anyone is going to trade outisde pairs do so at your own risk as I cant guarantee any long term positive results at the moment. Since the GU is more volatile the settings and TP ect.. must be different I suspect. Ill keep everyone updated and thanks for posting your results Ozzie.
FJIgnored