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  • #241
  • Sep 7, 2020 11:06pm Sep 7, 2020 11:06pm
Quoting maflip
{quote} I use an order entry script to manage risk%. They better not think this is an EA. That entry script long/short I posted here. That one.
I don't think there's any way for them to differentiate if you're using an EA or script. In MQL5 and Myfxbook it's like it's all the same.
I used a script a few times to open orders in my account and it appeared as algotrading.

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  • #242
  • Sep 8, 2020 2:44am Sep 8, 2020 2:44am
Quiet here today. Got a sell setup on Dollar index M30 chart. EU up maybe? Also, GU is nearing the TP1 I mentioned here last week. Hopefully some profit taking there and it goes up a bit.... Hopefully... H4 still looking bearish just saying...

How is everyone doing?
  • #243
  • Sep 8, 2020 2:56am Sep 8, 2020 2:56am
Quoting maflip
Quiet here today. Got a sell setup on Dollar index M30 chart. EU up maybe? Also, GU is nearing the TP1 I mentioned here last week. Hopefully some profit taking there and it goes up a bit.... Hopefully... H4 still looking bearish just saying... How is everyone doing?
Morning maflip and everyone

Rocky ride for me this morning and ended up with $50 profit!

Yes sideways at the moment on Gold and GU. Hopefully NY will shake things up? I think I'll take a break and come back later
  • #244
  • Sep 8, 2020 3:09am Sep 8, 2020 3:09am
Quoting Mtinifx
{quote} Morning maflip and everyone Rocky ride for me this morning and ended up with $50 profit! Yes sideways at the moment on Gold and GU. Hopefully NY will shake things up? I think I'll take a break and come back later
Ah so far I got 1 trade on EU bro. Got some pips then stopped at BE (I moved stop up too early). Waiting on new setup here. But I'm bullish on EU today. Also on GU, but still waiting on confirmation on that one.

Slow week for me on this challenge. But I'm not in a rush no profit target here. I'm more focused on my live trading. This is like a hobby right now heh heh

Oh and $50 is ok. The main goal is not to loose. Money will come
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  • #245
  • Sep 8, 2020 3:43am Sep 8, 2020 3:43am
I hope that doji on the dollar index H4 bar works bro. EU is trying but not there yet...

Eh could be a no go
  • #246
  • Sep 8, 2020 4:48am Sep 8, 2020 4:48am
My 100% view on NZDUSD

I trade commodity pairs on currencies. They are not volatile and their Average Daily Range is below 100 pips. They will never blow your account even if you are wrong.

If you are not a skilled trader, stay away from GBP pairs, they have potential to blow accounts
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  • #247
  • Sep 8, 2020 5:04am Sep 8, 2020 5:04am
Quoting Phronesis24
My 100% view on NZDUSD I trade commodity pairs on currencies. They are not volatile and their Average Daily Range is below 100 pips. They will never blow your account even if you are wrong. If you are not a skilled trader, stay away from GBP pairs, they have potential to blow accounts {image}
lol just adjust lot size. Yeah I was wrong on EU and dollar. But I wasn't long either. So no harm done.
  • #248
  • Sep 8, 2020 5:14am Sep 8, 2020 5:14am
Quoting Mtinifx
{quote} Morning maflip and everyone Rocky ride for me this morning and ended up with $50 profit! Yes sideways at the moment on Gold and GU. Hopefully NY will shake things up? I think I'll take a break and come back later
Added a bit more to this challenge my friend. Small but steady. I missed that GU short though. What's worst I actually got 2 short setups on GU but it was hesitating earlier and I closed it early twice. Then 5 minutes right after I closed it, it dropped hard lol
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  • #249
  • Sep 8, 2020 5:27am Sep 8, 2020 5:27am
Quoting maflip
{quote} lol just adjust lot size. Yeah I was wrong on EU and dollar. But I wasn't long either. So no harm done.
Thank you for advice.
  • #250
  • Sep 8, 2020 10:39am Sep 8, 2020 10:39am
Hi guys had a rocky day today!

Up nicely but not sure if they're gonna hit for inconsistency
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  • #251
  • Sep 8, 2020 10:55am Sep 8, 2020 10:55am
Quoting Phronesis24
My 100% view on NZDUSD I trade commodity pairs on currencies. They are not volatile and their Average Daily Range is below 100 pips. They will never blow your account even if you are wrong. If you are not a skilled trader, stay away from GBP pairs, they have potential to blow accounts {image}
I enjoyed NU today guys........Pips collected
  • #252
  • Sep 8, 2020 4:24pm Sep 8, 2020 4:24pm
Quoting Mtinifx
Hi guys had a rocky day today! Up nicely but not sure if they're gonna hit for inconsistency {image}
My 2nd day with the challenge. Slow and steady
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  • #253
  • Edited 6:47pm Sep 8, 2020 6:15pm | Edited 6:47pm
I went long GU just now..... 70 pips stop........................ OMG WHAT ARE YOU THINKING MAFLIP!!!!!!!!

This is high risk trade so .05% of equity risk only. RELAX Swing trade, so if right, I'm hoping a 5:1 risk vs reward minimum.

Price is at last months low. So maybe there will be some profit taking here before it sinks down some more. Hope so

My stop 1.28957

Edit: I started small, because if it goes down some more. I'm willing to add a bit more but stop is the same. For now, so far so good. If price comes near today's high. I'm moving stop to BE.
  • #254
  • Sep 9, 2020 12:17am Sep 9, 2020 12:17am
Quoting maflip
I went long GU just now..... 70 pips stop........................ OMG WHAT ARE YOU THINKING MAFLIP!!!!!!!! This is high risk trade so .05% of equity risk only. RELAX Swing trade, so if right, I'm hoping a 5:1 risk vs reward minimum. Price is at last months low. So maybe there will be some profit taking here before it sinks down some more. Hope so ...
Bears didn't wanna push it down more. So I'm only able to add once. I moved stop up. No more adding, as if they retest the low again it could continue to go down. Currently up +12 pips.

Either I make 100+++ pips or nothing at all but this is not a risky trade anymore. At the moment it's testing minor resistance.
  • #255
  • Sep 9, 2020 2:43am Sep 9, 2020 2:43am
Quoting maflip
{quote} Bears didn't wanna push it down more. So I'm only able to add once. I moved stop up. No more adding, as if they retest the low again it could continue to go down. Currently up +12 pips. Either I make 100+++ pips or nothing at all but this is not a risky trade anymore. At the moment it's testing minor resistance.
It's the early birds that catch the worm! Nice early this morning now become messy
  • #256
  • Sep 9, 2020 3:08am Sep 9, 2020 3:08am
Quoting Mtinifx
{quote} It's the early birds that catch the worm! Nice early this morning now become messy
Well, if I kept the stop and keep adding my GU long, would be making money now lol. But anyway, it's fine. I did not loose on that long trade but made something like 1 pip hah hah, because I moved the stop up.

Still currently in profit right now. Slow and steady

29166 there's an S1 there. Seems it bounced there. And that's why my stop is below it. H4 still looking bearish.
  • #257
  • Sep 9, 2020 3:36am Sep 9, 2020 3:36am
Well bro, the previous month's low didn't seem to hold on GU. So, dunno more down? Well.... Let's just trade what we see.
  • #258
  • Sep 9, 2020 4:15am Sep 9, 2020 4:15am
Done this London session with this challenge. GU probably more down who knows that H4 is still bearish...
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  • #259
  • Sep 9, 2020 4:15am Sep 9, 2020 4:15am
Quoting maflip
{quote} Well, if I kept the stop and keep adding my GU long, would be making money now lol. But anyway, it's fine. I did not loose on that long trade but made something like 1 pip hah hah, because I moved the stop up. Still currently in profit right now. Slow and steady 29166 there's an S1 there. Seems it bounced there. And that's why my stop is below it. H4 still looking bearish.
Why buy when the trend is still down?
  • #260
  • Sep 9, 2020 4:20am Sep 9, 2020 4:20am
27160 of this H4 chart can they do it? Dunno, I don't trade H4 chart but just use it for long term view. So far they blasted away TP1 and 2 that quick. So who knows....
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