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- Mac109 replied Apr 7, 2009
I've been driving the EUR/JPY on its downward journey. 3 winning trades so far for, 188, 166, 66 pips. I'm in a sell on the GBP/USD and USD/JPY too.
- Mac109 replied Apr 6, 2009
My observations re Sunday (Monday Asia) are that in most cases, the price continues with what it was doing on Friday. All last week we had huge long runs against the US$, so it's no surprise that a retracement or reversal was imminent. And I've also ...
- Mac109 replied Apr 6, 2009
Ollypips... What settings are you using for the Yen fix version? Can you post your settings file?
- Mac109 replied Apr 2, 2009
Ollypips... I just looked at your test results and then I noticed the period you chose for your tests. I hate to tell you this, but that's the worst period of the year to test anything, ie: winter holidays, since the trading then is the most erratic ...
- Mac109 replied Mar 29, 2009
One more thing... I learned this technique from a manual system I studied. When a trade is around 50 pips in profit, and all other indications show that it's not likely that it will reverse, I set the SL to the entry price + 1, so if it does ...
- Mac109 replied Mar 29, 2009
I studied many 4 hour charts to look for major reversal points, and I've noticed that a majority of big price reversals take place at the 8 am candle close EST, ie: the NY market opening, which is also after lunch in London/Europe, one of the most ...
- Mac109 replied Mar 28, 2009
Thanks guys!
- Mac109 replied Mar 28, 2009
Sergiel... Dumb question - how do I install these indicators, ie: which MT4 folders? The icons look like EAs, but when I put the Ichi in there I couldn't load it on a chart.
- Mac109 replied Mar 26, 2009
Questions if you please... I've installed FB v63H04, and the default setting for Percent is .05, which has something to do with the frequency of trades, ie: smaller = more trades. The default for many other FB versions has been .1. What is everyone ...
- Mac109 replied Mar 26, 2009
Apparently there are several ways that a TS will work, and FB's implementation isn't standard, as far as I can tell. It doesn't work the way you describe, which is the way I thought it would too. Test it on a demo trade and you'll see.
- Mac109 replied Mar 26, 2009
I've got FB v63H04 installed on EUR/USD - short only - and there's a message on the chart saying... "Trades enabled. Not safe to trade." A few other pairs have this message too, while other say Safe to trade. I just got a down arrow on the 4 hour ...
- Mac109 replied Mar 26, 2009
Thanks Sergiel... With other FB versions, the TS works like this: If you have TS = 30, and your trades don't go the full TP, it will take you out at +25 pips profit. If the TS = 40, it will take you out at +35 pips profit. It worked well for me with ...
- Mac109 replied Mar 26, 2009
Hi Samurai... Thanks for sharing this method. I'm going to use it and I downloaded the new version you just posted on page 1, but it doesn't have a Trailing Stop option. It does have the Max Open Orders. Am I missing something?
- Mac109 replied Mar 19, 2009
I've read this thread too and will start using this method now. Looks like it's a good way to avoid the shortcomings of this EA. Thanks for all the help!!
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