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Magic 100

  • #861
  • Jun 17, 2020 2:58am Jun 17, 2020 2:58am
Quoting jandelichte
{quote} hey man i have a question! In this situation the trade would be valid? Because the next bull candle did not breaked the high but the third candle did.... {image}
Hi Jan,

yes this will be valid. It is not absolutely necessary to break your stop order on the very next candle.
  • #862
  • Edited 3:33am Jun 17, 2020 3:20am | Edited 3:33am
eurusd 100 under EMA opened buy and sl was naturally.
ıt s againits the entry rule,isn t it?
  • #863
  • Jun 17, 2020 3:35am Jun 17, 2020 3:35am
I think Cad/Chf is in a uptrend!
could have some opportunities!
  • #864
  • Jun 17, 2020 4:29am Jun 17, 2020 4:29am
Quoting mmurat
eurusd 100 under EMA opened buy and sl was naturally. ıt s againits the entry rule,isn t it?
I think Eur/Usd is not in a trend...
  • #865
  • Jun 17, 2020 6:00am Jun 17, 2020 6:00am
Quoting jandelichte
{quote} hey man i have a question! In this situation the trade would be valid? Because the next bull candle did not breaked the high but the third candle did.... {image}

this trade can give you risk to reward as ratio 1:1.5
  • #866
  • Jun 17, 2020 6:07am Jun 17, 2020 6:07am
Quoting youngjosh
{quote} this trade can give you risk to reward as ratio 1:1.5
Yes but i would be aiming for 2:1 and would be stoped out...
  • #867
  • Jun 17, 2020 6:37am Jun 17, 2020 6:37am
Quoting xmess7
{quote} Heknoid: If you already solved this let me know, I am just catching on messages. CAn you meet on Friday ?? I am at Pacific Time GMT-7. Lets try a desktop share so I can assist you with your dilema. Here is a video you can try. I show how to install MT4 in your OWN separate folder. That way you KNOW EXACTLY where the EXPERTS and INDICATORS are located. The neat thing about this is that you can move the folder to anywhere you need to. You can put it on a STICK and have it in your pocket LOL. Yes all of your accounts/experts/templates/scripts/indicators...
@xmess7

Hi thanks for sharing this with me I really appreciate the setup instructions.

Do have recommended setup for the EA Magic 100 set file that works well for you that you could share with me.

Just like to thank you you in advance.

Thanks
  • #868
  • Jun 17, 2020 6:44am Jun 17, 2020 6:44am
Quoting Minotawr
Hey guys, be carefull. I didn`t see anything in the last days worth of trading. Many pairs are in indecisiveness. Sit tight and be patient. "Somedays you go long, somedays you go short and somedays you just go fishing!"
Interesting - could you be a little more specific then as to what you actually look for and perhaps, using the examples I posted yesterday tell me why you wouldn't have traded them? Thanks
  • #869
  • Jun 17, 2020 6:54am Jun 17, 2020 6:54am
Quoting Wellington
{quote} Interesting - could you be a little more specific then as to what you actually look for and perhaps, using the examples I posted yesterday tell me why you wouldn't have traded them? Thanks
No trend i guess...
  • #870
  • Jun 17, 2020 7:00am Jun 17, 2020 7:00am
Look Eur/Cad closely guys!!
  • #871
  • Edited 9:10am Jun 17, 2020 7:52am | Edited 9:10am
Quoting Minotawr
{quote} Hi Jan, yes this will be valid. It is not absolutely necessary to break your stop order on the very next candle.
Hey Minotawr!
Do you think that in the Eur/Cad 1h timeframe can be an Oportunity?
Attached Image (click to enlarge)
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  • #872
  • Jun 17, 2020 10:49am Jun 17, 2020 10:49am
Quoting jandelichte
{quote} Hey Minotawr! Do you think that in the Eur/Cad 1h timeframe can be an Oportunity? {image}
Hi Jandelichte. That goes against the strategy. You should look for sells opportunities in a down trend (below the 100EMA).
Regards,
Brent.
  • #873
  • Jun 17, 2020 1:37pm Jun 17, 2020 1:37pm
Quoting BrentJB
{quote} Hi Jandelichte. That goes against the strategy. You should look for sells opportunities in a down trend (below the 100EMA). Regards, Brent.
Its a sell kkk, i should had posted a better explanation!
  • #874
  • Jun 17, 2020 1:47pm Jun 17, 2020 1:47pm
Hi all
I think the EA of this strategy has a bug on EURUSD,because open a pending at 1.0000
Someone have the same problem?
  • #875
  • Jun 17, 2020 3:45pm Jun 17, 2020 3:45pm
Quoting Wellington
{quote} Interesting - could you be a little more specific then as to what you actually look for and perhaps, using the examples I posted yesterday tell me why you wouldn't have traded them? Thanks
Hi Wellington,

just zoom out on your charts...did you see something moving in a clear direction? Many pairs are ranging at the moment, just wobbling around the EMA100.

For tomorrow only two pairs on my WL
  • #876
  • Jun 17, 2020 3:47pm Jun 17, 2020 3:47pm
Quoting Minotawr
{quote} Hi Wellington, just zoom out on your charts...did you see something moving in a clear direction? Many pairs are ranging at the moment, just wobbling around the EMA100. For tomorrow only two pairs on my WL
What two pairs?
  • #877
  • Jun 17, 2020 3:53pm Jun 17, 2020 3:53pm
Quoting jandelichte
{quote} What two pairs?
U/J and E/J
  • #878
  • Jun 17, 2020 3:55pm Jun 17, 2020 3:55pm
Quoting Minotawr
{quote} U/J and E/J
Interesting
Can you explain why are you watching these two pairs?
Thank you Sir
  • #879
  • Jun 17, 2020 4:03pm Jun 17, 2020 4:03pm
Hello.. what if we put an addition to this EA. when there is no trend,the band trades? he s been trading negative for two 2 days..
  • #880
  • Jun 17, 2020 4:48pm Jun 17, 2020 4:48pm
Hey folks, are there other markets that trend when the forex is ranging?

Not much opportunity to trade forex just now...so wondering what other trend traders are trading now.

Cheers.
Brent.
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