DislikedLikewise have a 100TP and 50SL today after FXDD entered long first trade using Rhythm .. +150 for the week so far on just the GBP/JPYIgnored
Mr. Trend
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DislikedLikewise have a 100TP and 50SL today after FXDD entered long first trade using Rhythm .. +150 for the week so far on just the GBP/JPYIgnored
DislikedWe've got some serious issues with what each of us is seeing on the chart then, because here's GBPJPY for the week:
11-Feb b 238.14 237.64 -50
12-Feb s 237.64 237.14 50
12-Feb b 237.11 236.55 -56
12-Feb s 236.55 237.05 -50
13-Feb b 237.05 236.55 -50
13-Feb s 236.55
I'm not trying to be a pain... seriously. I'm just really confused how you're getting a 300 pip week out of the above.
And, when I go back through these charts, even if I set 100 pip TPs, it still wouldn't hit my TP before reversing, so...Ignored
DislikedHi Mr. Trend,
i have an error with rhythm too. When it must open the reserve pos., nothing happen.
After that i can not go in the EA options, just hanging.
I look then in the Expert tab and see an error like this:
ORDER DOES NOT APPEAR ON SERVER.
I don`t know, and on the source i find nothing wrong. I ask thge author but have no answer this time.
Cheers
MobsieIgnored
DislikedRhythm doesn't seem to work correctly. It doesn't reverse your position. I noticed that yesterday. Let me know if you see the same thing.Ignored
DislikedWe've got some serious issues with what each of us is seeing on the chart then, because here's GBPJPY for the week:
11-Feb b 238.14 237.64 -50
12-Feb s 237.64 237.14 50
12-Feb b 237.11 236.55 -56
12-Feb s 236.55 237.05 -50
13-Feb b 237.05 236.55 -50
13-Feb s 236.55
I'm not trying to be a pain... seriously. I'm just really confused how you're getting a 300 pip week out of the above.
And, when I go back through these charts, even if I set 100 pip TPs, it still wouldn't hit my TP before reversing, so...Ignored
DislikedNo problem. This is why I am detailing and to a limited extent, forecasting my trades in an effort to mentor/coach/encourage trading activities to whatever extent it makes sense to others.
As of now I am flat in the GBP/JPY market and SHORT the GBP/USD market with a 64 PIP gain.
I will be taking a Short position in the G -J market at 2400 GMT with a strong chance that I will be reversed since there has been two straight down days.
I will place a 40 Stop and Reverse (SAR) from my G - J SHORT entry point today at 2400 GMT.
This will definitely be my next trade...
I will keep posting my results as I have been doing this week simply for edification.
Happy Trading,
TKIgnored
DislikedThanks TK. I think I found the problem. However, you state we're in two down days, but the bar on the 9th is down as well. That makes it third. So you would enter a buy today at 2400.
On the 9th, on MT from Interbank, I show an Open of 237.26 and a Close of 237.20.Ignored
DislikedMy G-J chart is only showing the 12th and 13th as consecutive down days. Friday was slightly up an almost break even. I reverse positions when I the market has had three consecutive days in the same direction...
TKIgnored
Dislikedi have grossed 200 pips on the gbpjpy for today with two stop outs.. thats because i trade the daily on 2 brokers. so net profit is 100 pips.
currently i am +40 pips on the GBPUSD but i have had 2 stop outs so GU is bound to be a loss maker today. i am still in the red for the daily for the week, since yesterday i had a few stopouts on both pairs.
i trade the fxdd charts on oanda and gft and on the fxdd charts as of 4 pm gmt,gbpjpy will be short for tomorrow and long for gbpusd. the gbpusd is showing 4 candles short for the last 4 days and hence tomorrow will be long.
wld be keen to know other peoples experienceIgnored
DislikedRhythm is an EA posted on page 62, post#920, of your Weekly Scalping Method thread. A document explaining how to set the variables is there also. It seems that there are some problems with it however. I know that in another thread dealing with breakouts, folks using ea's developed there would remove the EA from the chart at days end and put it back on for the new trading day, kind of refreshing it. If this would help here for those having trouble with Rhythm I'm not sure. I also received the error message as described above with it and "refreshing" it helped.Ignored
DislikedI know nothing about EA. Just found out the meaning of EA not to long ago. My questions .... can EA be used on any platform or does it have to be on MT4? is EA somtimes referred to as "black box"? does it put your trades on automaticaly if so, isn't that kind of risky?
I guess I just don't understand the purpose of and EA can some one enlighten me?Ignored
DislikedThat's where I thought the discrepency was... at least for the last day or two.
So you went long GBPUSD yesterday, correct? Since we were in three bars down.
Also, FYI, Rhythm is the EA that was developed by (I think) Skyline... or he had an outside firm do it for him. It's for automating this daily strategy.
Only problem is it seems to not work correctly on InterbankFX...Ignored