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- AlexL replied Feb 2, 2009
Yes, I use El Dee's and Howard's version. If i remeber correctly on daily method, the entry and SL are 10 pips way from H/L instead of 5 like on 4h method. That's why i have those prices.
- AlexL replied Feb 2, 2009
Daily Update — Hi, For daily users, now we're short from 1.4175 with SL 1.4554. Running profit for sell: + 100 pips. The buy before weekend was closed and never open because week started below friday close. Any veterans are welcome to comment ...
- AlexL replied Jan 29, 2009
I was wrong. I edited the previous post.
- AlexL replied Jan 29, 2009
Update on daily: Sell SL hit. Now in reversed Buy. Open: 1.4383 SL: 1.4121 Edit: Ok... noticed i have made a mistake by putting the reverse order before the closing of the reversal bar. So..currently we are flat. Good thing it's only demo money
- AlexL replied Jan 29, 2009
Hi guys. I've started to test the daily today. I'm short from 1.4121 with SL @ 1.4383 Here is my chart.
- AlexL replied Jan 27, 2009
El Dee do you have 5 digits precision on G/U pair? If yes then 1 normal pip is actualy 10 pips (for 5 digits precision). This means that 658 pips for 5 digits precision are 66 pips for normal 4 digit precision pair.
- AlexL replied Jan 27, 2009
You might set a new record for a month for this system
- AlexL replied Jan 27, 2009
Maybe 'god of averages' got insolvent due to financial problems ww and will not show
- AlexL replied Jan 27, 2009
Hi Traderali. This system has been optimized for GBP/USD. You can test and use it on other pairs at your own risk but it has been proved that GBP/USD is the most profitable pair for this system.
- AlexL replied Jan 27, 2009
Thanks for the info guys. El, Dee, I think you reached 1000 pips untill now for the moth right?
- AlexL replied Jan 27, 2009
Hi El Dee, Any update on your daily trading? I've looked back a couple of pages and didn't see any. AlexL
- AlexL replied Jan 22, 2009
Setup bar for short must have higher high then previous bar. In this case it has a lower high which means that it is not a setup bar. But previous bar touches both EMAs so the previous bar is disregarded as a setup bar and now bar 1 is eligeble to ...
- AlexL replied Jan 20, 2009
Yes, you're right Howard. I remaind with some of the old rules
- AlexL replied Jan 20, 2009
You place the reverse sell order SL at the point where the buy order has opened, at 1.4022. This aplies to all reversed trades. By reversed trades i'm refering to trades that went agains you from the start and hit the SL. For reversed trades, the SL ...
- AlexL replied Jan 20, 2009
Per your charts, your buy order is set ok.
- AlexL replied Jan 20, 2009
Here we use Alpari charts(bar open time 0,4,8,12,16,20 H). Looking at yout charts the buy is correct.
- AlexL replied Jan 20, 2009
Cool. Ok. Will wait until then. Just signal us when the tweaks are in place. Keep up the good job.
- AlexL replied Jan 20, 2009
I will start today to test the daily method as i can be online at end of each day. Hope i get it right
- AlexL replied Jan 20, 2009
Cool Alright. I think you have 700 pips running by now on the sell .
- AlexL replied Jan 19, 2009
From what i see in the attached chart: 16 jan: 16 PM candle was reversal bar for sell and triggered sell. 20 PM bar - nothing is happending At 23:50-23:59 you should close any open position and wait for weekend to pass. 19 jan: 0 AM bar starts ...