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Currency Grail Scalping System

  • Post #601
  • Quote
  • Edited at 7:54pm Jan 12, 2020 6:12pm | Edited at 7:54pm
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade?
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I EAT PIPS
Quoting jshear
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade? {image}
i got the indication but no trade
Quoting jshear
In my first Euro trade using the default setting. Long at 1.11166. Anyone else in this trade? {image}
Yes received and hit TP
figured out why no trade, the risk percentage was to high for my account, would of been a nice trade though and lesson learned reduced risk to 10%
Quoting xxsskxx
{quote} Yes received and hit TP
What was you TP set at? Mine put a stop and locked in 5 pips but I wasn't sure how it would close so I manually closed it for 12 pips



Jeff
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I EAT PIPS
Quoting jshear
{quote} What was you TP set at? Mine put a stop and locked in 5 pips but I wasn't sure how it would close so I manually closed it for 12 pips Jeff {image}
TP was 1.11198
Note....UK spread bet chart.

I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob

I'm using this indi for Daily signals + looking for setups on the lower frames.

I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now.

Short signaled today but look out for MR Sod ha
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All charts/ideas based on UK time zone
Quoting sponge
Note....UK spread bet chart. I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob I'm using this indi for Daily signals + looking for setups on the lower frames. I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now. Short signaled today but look out for MR Sod ha {image}
Sorry to say, but why do you need to present another indicator that has nothing to do with the method, in this thread?
Have you read the whole thread?

See page 3 for Grail indicator
All charts/ideas based on UK time zone
Quoting sponge
Have you read the whole thread? See page 3 for Grail indicator
Sorry, thought you were introducing a different indicator. But yes, I read the whole thread.
Quoting sponge
Note....UK spread bet chart. I have other indi's that seem to work very well on EU, Grail seems to like it too, high vol prob I'm using this indi for Daily signals + looking for setups on the lower frames. I'm not sure if this indi is following the Grail rules exactly and of course my spread bet charts might differ to others but it's doing the business for now. Short signaled today but look out for MR Sod ha {image}
What settings are you using.
"Pips are vanity. Profit is sanity."
Quoting PaulDV
{quote} What settings are you using.
I'm using default settings.
All charts/ideas based on UK time zone
good day all the EA has just opened a sell for me anyone else in?
  • Post #614
  • Quote
  • Edited at 8:53am Jan 16, 2020 8:23am | Edited at 8:53am
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Quoting dgeorge35
good day all the EA has just opened a sell for me anyone else in?
Me too. On ecn demo account
Quoting dgeorge35
good day all the EA has just opened a sell for me anyone else in?
Yep, currently 15% in profit with 10% locked in (Live).
"Pips are vanity. Profit is sanity."
  • Post #616
  • Quote
  • Edited at 9:19am Jan 16, 2020 9:08am | Edited at 9:19am
Quoting PaulDV
{quote} Yep, currently 15% in profit with 10% locked in (Live).
Mine doesn’t seem to be trailing properly it locks in at 5 pips but doesn’t trail? I am using default settings.


Thanks

Jeff
I EAT PIPS
Quoting jshear
{quote} Mine doesn’t seem to be trailing properly can you please post the proper set file. Thanks Jeff
I moved the stop manually from +5 pips to +10 pips.

My demo trade hit +5 pips and stopped out, but my live trade missed the initial stop and continued, so I moved the stop when it was sufficiently in profit.

My demo trade opened at 15:00 at 1.11643 and stopped out 31 minutes later. My live trade opened at 15:00 at 1.11652 (nearly 1 pip higher) and hit my stop at 16:11. If I'd left my stop alone, it would still be running, albeit very close to my stop right now.
"Pips are vanity. Profit is sanity."
Ok thanks. I let it move stop to 5 pips and closed manually at 11 pips.



Cheers

Jeff
I EAT PIPS
sweet first one in the bag, after being a complete duche and not checking the indi and the EA settings were the same at least its all correct now.
Quoting jshear
Ok thanks. I let it move stop to 5 pips and closed manually at 11 pips. Cheers Jeff
The default trail is "previous high/low", so after locking in +5 pips, the stop will be trailed every hour if the previous 2nd candle (i.e. 2 candles back) formed a new high/low.

Usually the trade stops out long before this happens, but if it makes it this far, then it ought to start locking in some really good profits.
"Pips are vanity. Profit is sanity."
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