Things turned around nicely from yesterday, A/Y and E/N allready hitting TP.
Do you guys let your platform running 24/7?
Do you guys let your platform running 24/7?
Thoughts are things
Alexander Elder's Channel 4 replies
Elder-Rays 3 replies
Substitute for screen time? 4 replies
Disliked{quote} I NEVER USE TRAILING STOP no matter what. Only occasionally do I close trades early... Just wait for SL or TP to get hit, then reassess situation with that pair. Simple as that. I do not recommend using trailing stop.Ignored
DislikedThings turned around nicely from yesterday, A/Y and E/N allready hitting TP. Do you guys let your platform running 24/7?Ignored
DislikedI know that with this system, we don't need EMA. But let me, please, ask something . {quote} On this EURAUD chart, we can see prices away from the EMA 20. Can we use this indicator to predict a market breathing, even if the MACD is long ? It's like PSAR, and help us to close some trade manually. I never studied magnetism with moving averages. Does anyone have any statistics? Otherwise, forget what I said, no need to complicate things. {image}Ignored
Disliked{quote} Hi WardStradlat, Here the statistic of MA may be this could help you ...... Cheers {image}Ignored
DislikedKhaled, rexio or 100pips, The BUG within the first EA. What I have noticed for the past few trading sessions is that the EA automatically closes out positions for no obvious reason. This is what has occured and I've narrowed it down to this much. I had set my EA up to trade a maximum of 3 open positions per pair. For whatever reason when the criteria for a pair to open another position, it closes the one previous position on that pair even though it can't follow through with opening a next position on same pair. Like it's almost trying to perform...Ignored
DislikedTok and all, The first rule of this system is that you MUST be patient. I am trading 9 pairs with the EA, and yesterday was down over -1200 some pips. Today, Those same pairs that were opened yesterday, is up over +2000 pips. that's a turnaround of over 3500 pips. So please don't say this system doesn't work or it's flawed or we should maybe go down to the lower TF to get better entries. If you don't have the patience to hold positions and let them season, then you're not a trend trader, because this trading style doesn't fit your personality. I...Ignored
DislikedTok and all, The first rule of this system is that you MUST be patient. I am trading 9 pairs with the EA, and yesterday was down over -1200 some pips. Today, Those same pairs that were opened yesterday, is up over +2000 pips. that's a turnaround of over 3500 pips. So please don't say this system doesn't work or it's flawed or we should maybe go down to the lower TF to get better entries. If you don't have the patience to hold positions and let them season, then you're not a trend trader, because this trading style doesn't fit your personality. I...Ignored
Disliked{quote} Personally, I turn it off at 11 p.m. and restart it at 8 a.m. I'm in France, so I trade Tokyo + London + New York sessions.Ignored
Disliked{quote} Very well said, MK...I had the same deal as you, now my Trade explorer is as green as a soccer pitch...!!! I had a few bugs but closed all the screens and re installed the EA from page 1...it has solved the problem... Trade wellIgnored
Disliked{quote} So? Do you close all trades before shutting down? Surely there is risk of opening many trades when you first start up as your data feed refresh all the charts at once Or you use other method, maybe disable EA until all charts are running? Strange that you try to make a long term strategy in a daily trader Each to their own I supposeIgnored
DislikedHeads up - If you're trading N/U, A/U, G/A, E/A, G/N or E/N, you need to look at the daily candles which are forming. This is a classic possible sign of bottom/top reversal. I may sit on the sidelines with these pairs just to see what next couple of days bring. They've all had really nice runs up til today. Maybe time for a little correction. Let's see.Ignored
Disliked{quote} I JUST entered all of these pairs. when I get home ill check if they're in consolidation zones, which I don't think they were. In which case there is no reason it should reverse, regardless of how well it's done today.Ignored
Disliked{quote} I didn't mention anything about how it's done today. I'm not talking about consolidation. I am merely giving everyone a heads up of a potential reverse daily candle setup, that you normally see after a long run up/down. Doesn't mean it's going to happen tomorrow but it is a sign one needs to take into consideration for a possible reversal. Do with the info what you will.Ignored