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GBPJPY 50 Pips daily

  • #201
  • Aug 7, 2008 10:52pm Aug 7, 2008 10:52pm
Quoting seamonkey
Marcelograna, I'm running your EA and noticed these messages in the experts log...are they suppose to be like that?

14:44:56 MIO_EAv1.0 GBPJPY,Daily: loaded successfully
14:45:16 MIO_EAv1.0 GBPJPY,Daily inputs: percent=3;
14:45:16 MIO_EAv1.0 GBPJPY,Daily: initialized
14:45:16 MIO_EAv1.0 GBPJPY,Daily: lote 0.09
14:45:16 MIO_EAv1.0 GBPJPY,Daily: abiertas 0 pendientes 0
14:45:16 MIO_EAv1.0 GBPJPY,Daily: Hin212.25 Lown 210.52
14:45:16 MIO_EAv1.0 GBPJPY,Daily: abrir buy vuelta 1
14:45:16 MIO_EAv1.0 GBPJPY,Daily: OrderSend failed with error #131

thats all right.

Marcelograna sent the original to me I just make some sweeping in the code but v1 works else.
all those messages are ok. the error line is ok because it invalid 2nd round if first was profitable.
Attached File(s)
File Type: ex4 MIO_EAv1.1.ex4   6 KB | 279 downloads
  • #202
  • Aug 7, 2008 11:05pm Aug 7, 2008 11:05pm
Entry Short212.16Short Stop212.92Short TP211.59

TP done at GMT 0315 Hr.
  • #203
  • Aug 8, 2008 1:52am Aug 8, 2008 1:52am
Quoting Fibonacci
1. My stop loss is 71 pips, so i got 450 pips from my green trades and -142 pips from red trades (but now i am thinking about 40 pips stop loss or something. i don't like this risk/reward ratio)
2. I put the trades at 00:00 gmt +2 and if i get red trade, i don't make another trade that day again. i don't like the idea re-enter the trade if it hits stop loss with double lot size the same day. i use 1% of my funds all the time.

i am not a forex expert or something, so you better don't follow me. i just prefer these trading rules and i follow it
Quoting rogerdoger
have you experienced times where you almost get stopped out but then end up making +50 pips?
yes, once
+50 pips today. overall 10/12 green trades
  • #204
  • Aug 8, 2008 3:34am Aug 8, 2008 3:34am
what a week...great +50 pips...time to play video games..COD4..hahaha..see ya next week...
  • #205
  • Aug 8, 2008 1:25pm Aug 8, 2008 1:25pm
Great system! I will follow.
  • #206
  • Aug 8, 2008 4:01pm Aug 8, 2008 4:01pm
just to make sure....

you do not place orders on sunday with this system and you use friday's high/low for monday's trade and not sunday's

is that correct?
  • #207
  • Aug 8, 2008 11:02pm Aug 8, 2008 11:02pm
and why should you achieve 81.3 winning %? just because the strategy produced that exact figure over the past 2 years, history will never repeat itself. every year's charts are different..... especially the abnormally volatile GBPJPY from 2006-2007.... beware of such claims....

Quoting mio
[FONT='Verdana','sans-serif']You should average 81.3% winners. The GJ can have as many as 3 losers in a row, but I had 23 winners in row, so it's streaky... Hope this was clear... and helps...[/font]
  • #208
  • Aug 10, 2008 5:52am Aug 10, 2008 5:52am
Quoting rogerdoger
just to make sure....

you do not place orders on sunday with this system and you use friday's high/low for monday's trade and not sunday's

is that correct?
correct
  • #209
  • Aug 10, 2008 5:07pm Aug 10, 2008 5:07pm
Quoting rogerdoger
just to make sure....

you do not place orders on sunday with this system and you use friday's high/low for monday's trade and not sunday's

is that correct?
I'm assuming we are referring to GMT time... right now it's monday morning about 7am in the Asian market and Sunday 10pm GMT
It's NOT GAMBLING when the odds are in your favor
  • #210
  • Aug 10, 2008 5:24pm Aug 10, 2008 5:24pm
Quoting User Name
I'm assuming we are referring to GMT time... right now it's monday morning about 7am in the Asian market and Sunday 10pm GMT
so from my understanding, we would wait ~24 hrs from now to have our first trade in for the week then?
  • #211
  • Aug 10, 2008 5:52pm Aug 10, 2008 5:52pm
Quoting rogerdoger
so from my understanding, we would wait ~24 hrs from now to have our first trade in for the week then?
I'm not exactly sure, but
Can someone confirm this ?
It's NOT GAMBLING when the odds are in your favor
  • #212
  • Aug 10, 2008 6:19pm Aug 10, 2008 6:19pm
good luck...
  • #213
  • Aug 10, 2008 6:48pm Aug 10, 2008 6:48pm
what a monday...+50..hope u guys got it...see tomorrow..
  • #214
  • Aug 10, 2008 6:52pm Aug 10, 2008 6:52pm
Quoting rogerdoger
so from my understanding, we would wait ~24 hrs from now to have our first trade in for the week then?
u dont have to wait 24 hrs from now (ur side)..becoz its monday in asia now..so u should already bid...
  • #215
  • Aug 10, 2008 8:16pm Aug 10, 2008 8:16pm
Quoting microsuck_36
u dont have to wait 24 hrs from now (ur side)..becoz its monday in asia now..so u should already bid...
doh. microsuck, can you post when you enter for the next couple times so I can get more of a handle on when I should have my order in?
thanks in advance
  • #216
  • Aug 10, 2008 8:52pm Aug 10, 2008 8:52pm
Quoting rogerdoger
doh. microsuck, can you post when you enter for the next couple times so I can get more of a handle on when I should have my order in?
thanks in advance
each time there is new candle u can start bid...my GMT is +8..hmm if i not mistaken if my time is 5am (thats when asia market open)...New York will be 5pm...hope tat will help ya..
  • #217
  • Aug 10, 2008 9:52pm Aug 10, 2008 9:52pm
Quoting mio
i place only on Monday.

I use Friday Candle.

I a m 3 weeks not able to anser your questions,because on holiday.
The original poster doesn't trade on Sunday.
BTW, sometimes you might get lucky (like today) but most of the time on Sunday there isn't enough volume to push the currency to 50 pip profit when most of the world isn't trading.
It's NOT GAMBLING when the odds are in your favor
  • #218
  • Aug 10, 2008 10:07pm Aug 10, 2008 10:07pm
Quoting User Name
The original poster doesn't trade on Sunday.
BTW, sometimes you might get lucky (like today) but most of the time on Sunday there isn't enough volume to push the currency to 50 pip profit when most of the world isn't trading.
can you please post your new values for tommorow's trade so I can match them up with mine?
  • #219
  • Edited 12:29am Aug 11, 2008 12:05am | Edited 12:29am
how do you guys put both orders in so one will be canceled if the other is activated?

i tried an OCO order but i can't add a stop/TP to each of those orders through my broker. Or, does g/j usually pick a direction for the day after hitting one of our entries?
  • #220
  • Aug 11, 2008 12:48am Aug 11, 2008 12:48am
profit hit today +50
time 12.46am GMT
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