DislikedMichal: The first problem is that it's not taking the opposite trend order when we get three consecutive red or green bars in a row... today's trade should've been GBP/USD LONG.
See attached GIF along with relevant logs.Ignored
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DislikedMichal: The first problem is that it's not taking the opposite trend order when we get three consecutive red or green bars in a row... today's trade should've been GBP/USD LONG.
See attached GIF along with relevant logs.Ignored
DislikedVery whippy day today with 3 JPY stops so far - one decent win can quickly rectify things though... about b/e for the week again..Ignored
Dislikedsame here. as of now got stopped twice. wasnt able to place entry orders again
so currently buy and stop around yesterday's candle open price
gbpusd is faring better!Ignored
DislikedRHYTHM I had Rhythym set up to close at 0700 EST this morning. I had the setting at 14 for the close time. I use Interbankfx so I believe they are set at GMT. The 0700 candle opened and the trade did not close. I gave it five minutes and nothing. That seems to be the only problem I see with Rhythm. It is takeing reverse orders properly etc. Thank you.Ignored
QuoteDislikedExitTime Hour: = 00:00 thru 23:00 Exit will execute on the Open of the preceding bar from exit hour chosen
Example: exit set for 17:00 exit will execute on the open of the 18:00 bar.
DislikedWe must have had similar trades, at 04:31 i was stopped out at -84 pips on my 40 pip S/L!
Just curious, are you entering your trades at 22:00 Eastern or 00 GMT?Ignored
Dislikedtkimble, I want to thank you from the bottom of my heart for sharing this system. I am a new trader ans was desperatly searching for a system that would work for me. I was on the verge of giving up until I ran across this thread. I have been trying it for over a week now on a demo account with good success. Yesturday I took it live and mad over 400 pips last night alone. I want to thank you for your genrosity in sharing this with everyone. You have restored my faith in Forex as a viable source of income especially that it can be lucrative even for the newbie. Thanks again.Ignored
DislikedWhat are you doing with your stops after getting the first 50 pip gain? Do you move it to breakeven? What about if you are using 2 lots and take profit on 1 lot at 50 pips? Do you move stop on second lot to breakeven or leave it at the original -40 or -50 stop?
I traded this method last night in a demo account for the first time. My charting showed 4 down candles so I went long...which ended up working out great. I was long 2 lots on both GU and GJ and took profit at 50 pips on both currencies. On GU, I actually took the conservative and moved breakeven to +50 on the second lot so it got stopped at +50. Not bad...both lots at +50. Had I left the stop at breakeven, I would have participated in the additional move up.
On GJ, I moved stop to +15 on second lot and was stopped out. In looking this morning, had I left the stop at -50 on the second lot, I would have participated in the additional move up.
Not at all unhappy with +165 (+50+50+50+15) on first trades, but just wondering what others are doing with their stops after making first 50 pips.Ignored
DislikedThat is the beauty of this system. You have almost no maintinance. Unless of course you get stopped out multiple times. You just enter the trades, place your stops and pending orders and set back and enjoy.Ignored
Dislikedtkimble, I want to thank you from the bottom of my heart for sharing this system. I am a new trader ans was desperatly searching for a system that would work for me. I was on the verge of giving up until I ran across this thread. I have been trying it for over a week now on a demo account with good success. Yesturday I took it live and mad over 400 pips last night alone. I want to thank you for your genrosity in sharing this with everyone. You have restored my faith in Forex as a viable source of income especially that it can be lucrative even for the newbie. Thanks again.Ignored
DislikedI traded the Usd/Jpy, Usd/chf, Gbp/Usd, Eur/Usd, Gbp/Jpy and Eur/Jpy. I am really pleased with the performance. I even got stopped out of the Gbp/Jpy and the Eur/Jpy and still made 400. This system really works!Ignored