Dislikedhold on to long and you could lose some gains, halved already since my earlier post...Ignored

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DislikedSure:
Sold GBP/USD September 2, 08:09 EST. Price 1.6232
Bought EUR/USD September 2, 08:09 EST. Price 1.4220
Close trade GBP/USD September 2, 13:03 EST. Price 1.6279 (-53)
Close trade EUR/USD September 2, 13:03 EST. Price 1.4284 (+64)
I used 1,000 units (.1 mini-lot) on both of the currency pairs for a total profit of $1.73.
This was not much of a profit, but with this pair sometimes you don't get much. But on an account size of $119.00 that is a profit of over 1% and it was a very short trade, just a couple of hours.
1% per day in Forex...Ignored
DislikedSure:
Sold GBP/USD September 2, 08:09 EST. Price 1.6232
Bought EUR/USD September 2, 08:09 EST. Price 1.4220
Close trade GBP/USD September 2, 13:03 EST. Price 1.6279 (-53)
Close trade EUR/USD September 2, 13:03 EST. Price 1.4284 (+64)
I used 1,000 units (.1 mini-lot) on both of the currency pairs for a total profit of $1.73.
This was not much of a profit, but with this pair sometimes you don't get much. But on an account size of $119.00 that is a profit of over 1% and it was a very short trade, just a couple of hours.
1% per day in Forex...Ignored
DislikedDon't use MT4 overlay indicator. compare it with FXCM Marketscope.Ignored
DislikedDreamliner, what would you say you averaged in pips per win
you loose 10 on one pair and gain 15 on the other = 5 pips to the positive
what would you average pip win be on a trade? any idea?
been demoing this since ive been active in this thread - only a few days but have had 3 wins for a total of 51.4 pips
like the system. just need to get used to when to get in and how much to expect to get out. having trouble with the getting out part.Ignored
DislikedDreamLiner, Thanks for this simple system, No complicated Indicators, That is what I like about it. I have been testing it out with pretty good results.
It would be nice if some one can create an EA to close the positions when a PAIR makes certain amount of profit( amount can be individualised). Wish I had known how to create EA.
Thanks again for this great and Simple systemIgnored
DislikedES Trader, glad you are having good results too.
I believe someone posted some EAs here (although I might be mistaken) that close the pairs when in a certain profit. Check the attachments on this thread and see if someone posted something like that.Ignored
Dislikedhi all,
nice gap right now at EUR/USD-EUR/JPY,GBP/USD-GBP/JPY
Great system Dreamliner.Keep up the good workIgnored
DislikedIm quite sure a "close all when x in profit" EA can be found somewhere in this thread :
http://www.forexfactory.com/showthread.php?t=107119
PCIgnored
DislikedHi all, I love this system and had a quick question for jeffreytp.
You had mentioned to enter using DailyFX and confirm with Marketscope.
Well, I downloaded Marketscope and did a price overlay on it. As far as I can tell it gives the same info as DailyFX. What exactly do you mean when you say confirm entry with Marketscope? Am I missing something?
Thank you.Ignored