and my last post for the thread....on the watchlist
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{quote} minotawr and xmess, I appreciate all your work... xmess, this is what I have been telling you privately...this technique will kill the account during a week like this and there are more of these weeks then previous weeks....it just the way the cookie crumble...
It is the wish of many to trade everyday, that will kill the account. To know when not to trade is key
{quote} and that is why i've been saying all along, this is not an ea that you just turn on and run. You still have to select which pairs to trade and then you turn no the EA with the MM settings you prefer and the EA will take care of the rest. The most important part is still up to the trader......selecting which pair to trade and WHEN to start trading. This EA is a trade "assistant"
My advise for beginners: Turn the EA off and learn to trade properly
Hi All I am practicing manual trading, although trends aren't strong at the moment it is helping me to get a system of placing the trades that works for me. I am using the fib as shown in this trade, I placed the sell stop as soon as the retrace candle I was using completed, I then put the fib on to see where my stop and TP's should be. Only after the trade has triggered do I set the stop and and TP by dragging the lines there from the sell line. I have had a few losses today but all my current trades are in profit, wondering what NY open will do...
