Hi Guys,
Have anyone backtested the EURGBP? I've found it to be a bit of a scary ride.
Comments?
Werner
Have anyone backtested the EURGBP? I've found it to be a bit of a scary ride.
Comments?
Werner
Phil419
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DislikedWould, like to say thank you to everyone who has contributed so much to this so far. I realise how little I know and how much seems beyond me when I read what you all have done.
I also have a request regarding brokers. I have the mt4 demo from interbankfx, and have loaded all the indicators on, I also have a live account with Oanda. Today I shorted the euro and am currently 90 pips ahead, unfortunately this was on the demo account, where I am using a trailing stop. Oanda has no facility for this, and my BIG problem is emotion. I jump in and out in small lots, and whilst I finished 30 ahead at the end of the day, it was stressfull. I think I need a broker with a trailing stop facility. I live in Crimea, Ukraine, but am English. Oanda was set up when I was in the U.K.. Paperwork as far as address is concerned is difficult here, (I bought the house in my wifes name.). Anybody help with a broker with mt4, and simple registration. Or an operation that removes emotion.
I am sorry it is such a long post.Ignored
DislikedPls what was your stop loss when you entered this trade. I also took it but i was stop out before my tp reached. the r:r would have been bad where i intend putting my stop.Ignored
DislikedHI, Nipper! Phillp meant another target 1.61 level from 1.4230 fib and it will be around 1.4360-75.Ignored
DislikedThese TC trades are the hardest for me because I have always counter-trend traded. Any tips on getting better at spotting these? I did get long at 1.4028 but closed it for +35ish but would love to get in this long again. It's easy to see now but at the time I was still looking at shorts. Any help here would be great.Ignored
DislikedThere is now some candlestick info on the website from Phillip. Select the method link, then click on the lesson link, scroll down and you will see the candlestick icon to download the .mp3 file and .gif candlestick info....Ignored
DislikedThis is a copy for those who might have trouble understanding spoken English. You can get the "gif" image from the website. Thanks Phillip and Palmer! I'm starting on today's wrap up next.Ignored
DislikedTodays signal on EurUsd was not the easiest to take due to that res line there. I practise a lot going back in history and then using the F12 key in MT4 to shift forward one candle at a time to anticipate and see the rules of the system and make note of when will I enter etc!!!. Practice. that is what it takes.
PhillipIgnored
DislikedPls what was your stop loss when you entered this trade. I also took it but i was stop out before my tp reached. the r:r would have been bad where i intend putting my stop.Ignored