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Simple H1 GBPUSD EA

  • #7,001
  • Jul 15, 2010 4:38pm Jul 15, 2010 4:38pm
Quoting lawgirl21
I love that quote. He goes on to say that he looks to take the middle 1/3...over and over again. I'm trying to live by that.
I really wish I would have paid attention when my forex coach told me that I would only need to grab ten pips per day and in two years I'd be a millionaire.

I finally left him when I had to hunt for the candlesticks midst all his indicators, plus I forgot about Bernard's maxim and then fear and greed set in - then losses.

Ol' Bernard was right: all we require for a VERY comfortable life is a slice of the trend - I'll take 1/3 - no need for greed - then increase the dollars per pip as the account grows.

Since the first week of June, I've had 35 consecutive profitable trades without a single loss - just going after a piece of the trend.
If nothing changes, nothing will change...
  • #7,002
  • Jul 15, 2010 4:43pm Jul 15, 2010 4:43pm
The Traders Prayer
Raymond Nelson Fuller
Bless my trades, O Lord, I pray
Fill with Light these trades today

Remove duality, take it out
Remove all cause and core of doubt

May all who trade be blessed this way
May all who trade receive their pay

Align my traders heart with Love
Fill me with Gods Holy Dove

Raise the consciousness of all
Who look to Thee and make the Call

Provide each one who trades this lift
For Divine Abundance is the gift

The Universe can well afford
Grant this prayer, I ask, O Lord

****************
I repeat this prayer every morning.
If nothing changes, nothing will change...
  • #7,003
  • Edited 5:21pm Jul 15, 2010 5:00pm | Edited 5:21pm
Hi traders, am using Axis ODL for my demo and will be going live also next week. I still havnt got a single trade on the account. Smiley face is active all is showing ok. Am i missing something here. I have placed the EA on a 1 hr chart for gbpusd. Should i place it on a 5min chart?Thanks
  • #7,004
  • Jul 15, 2010 5:17pm Jul 15, 2010 5:17pm
Quoting rnfuller102
I really wish I would have paid attention when my forex coach told me that I would only need to grab ten pips per day and in two years I'd be a millionaire.

I finally left him when I had to hunt for the candlesticks midst all his indicators, plus I forgot about Bernard's maxim and then fear and greed set in - then losses.

Ol' Bernard was right: all we require for a VERY comfortable life is a slice of the trend - I'll take 1/3 - no need for greed - then increase the dollars per pip as the account grows.

Since the first week of June, I've had...
You are speaking with wisdom that comes from learning the hard way. I know, because that's how I seem to have to learn. I went through the same thing..blew through thousands of dollars..overtrading big time...hanging on til the last pip...beating myself up if I exited too soon and missed pips..you name it. Now I say to myself, "Remember Baruch" and it settles me right down.

Your June record is very impressive..sounds like time and money spent with your couch is paying off, because you are now fully understanding what he meant.
  • #7,005
  • Jul 15, 2010 5:47pm Jul 15, 2010 5:47pm
Well, merry band of Geoffers, what do you think will happen tonight? Still room for more upside with resistence levels are 1.5624.
  • #7,006
  • Jul 15, 2010 5:56pm Jul 15, 2010 5:56pm
Quoting lawgirl21
Well, merry band of Geoffers, what do you think will happen tonight? Still room for more upside with resistence levels are 1.5624.
well, lawgirl....you have seen the news today....your central bank decided to go for the zero line....
first make the usd cheap for treasury buyers and then dump them by devaluing 20+%
not ice but that seems to be the name of the game of all cb
  • #7,007
  • Jul 15, 2010 6:01pm Jul 15, 2010 6:01pm
Long @ 1.5440 Alpari RU
  • #7,008
  • Jul 15, 2010 6:03pm Jul 15, 2010 6:03pm
Quoting lawgirl21
Well, merry band of Geoffers, what do you think will happen tonight? Still room for more upside with resistence levels are 1.5624.
I will look forward to 1.5800 and then 1.6150. Looking at strong bullish bar with weekly chart, should be an achievable target.

福 子 Victor V
  • #7,009
  • Jul 15, 2010 6:03pm Jul 15, 2010 6:03pm
Quoting xfiles
Long @ 1.5440 Alpari RU
well, that was quick,

I for my part just have the confirmation that trades are expected....

---------------------------
Both smas are in consolidation
---------------------------
Sma 10 [2] : 1.53989, Sma 10 [1] : 1.54054
Sma 197 [2] : 1.51591, Sma 197 [1] : 1.51606
trades are expected
---------------------------
OK
---------------------------
  • #7,010
  • Jul 15, 2010 6:04pm Jul 15, 2010 6:04pm
Quoting lawgirl21
what do you think will happen tonight?
Same picture day after day... All time high at End of NY Session,

then dump during Tokyo and punch back up later on...

Not decide it yet.. Lower my Lot, as we near the Top..

It could go higher, yes, but generally speaking, no way I'd buy

this here manually, I'd rather wait for any retrace..

Watch USDCAD too it's kind of trying to go higher, which might signal

retrace for EU/Cable..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #7,011
  • Jul 15, 2010 6:04pm Jul 15, 2010 6:04pm
Quoting Haishang
well, lawgirl....you have seen the news today....your central bank decided to go for the zero line....
first make the usd cheap for treasury buyers and then dump them by devaluing 20+%
not ice but that seems to be the name of the game of all cb
We are in a world of hurt..that is for sure.
  • #7,012
  • Jul 15, 2010 6:06pm Jul 15, 2010 6:06pm
Quoting lawgirl21
We are in a world of hurt..that is for sure.
if you were long USD....would you keep them and if no, what currency would you buy instead?
  • #7,013
  • Jul 15, 2010 6:08pm Jul 15, 2010 6:08pm
Quoting Haishang
what currency would you buy instead?
SILVER In Coins and bricks
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #7,014
  • Jul 15, 2010 6:09pm Jul 15, 2010 6:09pm
Quoting Haishang
if you were long USD....would you keep them and if no, what currency would you buy instead?

I will probably enter long manually because of the daily, weekly and monthly charts and if a couple other platforms take trades-- for extra confirmation, even though mine FXDD may not. But that is just me.
  • #7,015
  • Jul 15, 2010 6:09pm Jul 15, 2010 6:09pm
Quoting jiva34
Good morning, all
Yes it is a good morning

FXDD
v16
1st stop out at 0
2nd +47
3rd +47

Thank you, Geoff and Piptician
for maintaining a great community of traders also..
This thread is a trading lifeline...
If you know what I mean...
I'd like to echo jiva's sentiments, and thank you Geoff greatly for the 10+, 20+, 50+ pips scored yesterday on the v15 ea (with 3 order set file)
  • #7,016
  • Jul 15, 2010 6:11pm Jul 15, 2010 6:11pm
Quoting xfiles
Long @ 1.5440 Alpari RU
how come? last M15 fractal is down

decreased lot at 4 times too
  • #7,017
  • Jul 15, 2010 6:12pm Jul 15, 2010 6:12pm
Quoting lawgirl21
I will probably enter long manually because of the daily, weekly and monthly charts and if a couple other platforms take trades-- for extra confirmation, even though mine FXDD may not. But that is just me.
ok thanks and what would be your answer if I ask you for a more tactical opinion, means for a mediumterm position?

BTW, no trades yet here on Alpari uk live v9......
  • #7,018
  • Jul 15, 2010 6:15pm Jul 15, 2010 6:15pm
Quoting lawgirl21
I will probably enter long manually .
Yeah, it could go as yesterday first drop 30-40 pips then up...

I wouldn't be too greedy here on this cable skyscraper
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #7,019
  • Jul 15, 2010 6:15pm Jul 15, 2010 6:15pm
Quoting Haishang
ok thanks and what would be your answer if I ask you for a more tactical opinion, means for a mediumterm position?

BTW, no trades yet here on Alpari uk live v9......
I'm sorry, I am not sure what a tactical opinion is..
  • #7,020
  • Jul 15, 2010 6:17pm Jul 15, 2010 6:17pm
Quoting geoffb65
Who is your broker Velli?
Hi Geoff,
It is AxisODL in Australia....

Regards
Velli
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