Thank ~
WL
FXDD GMT+2 or GMT+3 10 replies
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MBO = Monday Break Out 8 utc gmt - 7 utc gmt 22 replies
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DislikedIf you scroll back in MT4 to, say, 1st April 2009 on the 30 min chart, making sure chart shift and autoscroll are NOT selected, you can move forward in time using the f12 key. Now all you need is a pencil and a squared pad to record your trades. May I suggest that you do an internet search on break out trading techniques and also search for how to avoid false break outs. Today was an example of stop hunters destroying people like us. You are now seeing cable running away and wondering why you're not on the train. Let me tell you I am not on the...Ignored
DislikedHi all,
i have demoed this method on GBPUSD (15 min chart) since 1st July using Jasons indicator set to the 7 candes up to 5am GMT and trading in the direction of the trend only, established from the 4hr chart (90 EMA close).
like a previous poster i go for 2:1 risk reward. so 50 pips TP (TP2 on indicator), 25 pips SL and if it hits TP1 (+25 pips) SL is moved to break even...
the results for July are
TP 10
SL 3
BE 10
No Trade 1
so +375 pips
this would equate to 15% growth if you risked 1% per trade...
i hope i have...Ignored
DislikedI don't have ema or sma on my metatrader, where can I download them.
never mind I found it now...Ignored
DislikedHi fed,
Case II was presented on my previous chart by the three golden dotted vertical lines.
Anyway, here is another one for you.
P.S. When the RSI crosses lev50 better to wait for the candle to close in order to confirm RSI's crossing.
Cheers,Ignored
DislikedHi all,
the results for July are
TP 10
SL 3
BE 10
No Trade 1
so +375 pips
this would equate to 15% growth if you risked 1% per trade...
i hope i have explained this ok, any questions just shout..
went live this morning and made +50 pips (pic attached), lovely... lol
cheers
GrantIgnored
DislikedEA again
using the average for 1H EMA (90) close within that period as indicator
if the value > low, sell order will be placed
if the value <high, buy order will be placed
please help to test and check if you have time.Ignored