just wanted to know when we will be closing todays trade
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DislikedWay to go Bill! Congratulations on a great launch to the Daily GBP/JPY Breakout!
My experience in using IBFX data, and trading on Oanda, was a net loss for the daily trades this week. I still have all wins for the weekly version.
I believe that there is enough variance between Oanda and IBFX, that it will be problematic to take the data from IBFX, and effectively trade the data with Oanda. Of course, this week was just a short test, but I don't like my results.
I already have an unfunded IBFX live account. I will fund it this week, so that I am in synch with you.
Please keep up the good work!
BobIgnored
DislikedThanks billbss for your work on the daily system.
I'm still not able to trade micro lots with my broker (fxcm), so the risk for daily trades its to high for me.
I guess your performance on the first entry of this thread is based on trading micro's?
Would appreciate if you could clearify on that.
As someone mentioned before, might be interesting to see how positions would have done, if not closed on the same day.
e.g. if long trade on tue has been triggered but not reached target by the time you usually close, would it hit TP or SL on the next days.
Also just curious, will you have a daily and weekly trade on monday?
LiFIgnored
DislikedThose of us that dont use NorthFinance, how or whatdo we then enter? as at 5pmEST the sell stop has already being hit, the platforn i use starts by 6pmEST
Do i just enter it as an immediate execution or still a pending trade?
Thanks in AdvanceIgnored
Dislikedyes on sunday
it seem to be retracing, i still have like 30mins to wait, but i dont think it will reach the sell stop
I think i will just enter it as an as immediate execution trade
Or what do you say to this?Ignored
DislikedHere are the numbers for the Daily Breakout.
They are the same as for the Weekly.
I will track the results although I will not personally trade it. I'll trade the Weekly only.
It's too many eggs in one basket:-)
BUY = 212.97
Stop Loss = 211.69
Take Profit = 214.25
SELL = 211.69
Stop Loss = 212.97
Take Profit = 210.41Ignored
Dislikedbillbss....I'm using IBFX demo and seem to have come up with a little different numbers than you for the Daily. On my IBFX chart the previous two 4 hr candles have a High 212.72....Low 211.69= 103 pip range. Based on your daily system instructions, the Buy Stop should be 212.72 + 1 + 9 spread = 212.82. How did arrive at 212.97 for your Buy Stop? Also the Low is 211.69, so shouldn't the Sell number be 211.69 minus 1 = 211.68? Please tell me how I went wrong here!Ignored
DislikedThis trade has been on since yesterday evening. After triggersd it had a pullback but continued to the sell slowly going down.
This test your patience. Lets just wait and see.
Good luck to all.Ignored