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Simple H1 GBPUSD EA

  • #9,001
  • Edited 8:11am Sep 16, 2010 7:52am | Edited 8:11am
Alright! Cable position closed with 3 pips for 3= 9 pips..

At least it's not a loss, should be better next time..

P.S:

This thing is crazy, going back and forth, I might place both, BUY and SELL at the same time

and will close whichever in profit
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,002
  • Sep 16, 2010 10:08am Sep 16, 2010 10:08am
Quoting SkyzerFX
Alright! Cable position closed with 3 pips for 3= 9 pips..

At least it's not a loss, should be better next time..

P.S:

This thing is crazy, going back and forth, I might place both, BUY and SELL at the same time

and will close whichever in profit
At least you can shag like that in the UK, but us in the USA can't do that, I mean we can't buy and sell at the same time. hedge
Also we cant use Alapri UK
  • #9,003
  • Sep 16, 2010 11:19am Sep 16, 2010 11:19am
Just got out at +3 x 2 = 6p's.
Thankful.
  • #9,004
  • Sep 16, 2010 11:32am Sep 16, 2010 11:32am
Quoting sanyhuis
Just got out at +3 x 2 = 6p's.
Thankful.
Congrats! Yeah, we finally got it..
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  • #9,005
  • Sep 16, 2010 11:38am Sep 16, 2010 11:38am
Quoting kauaibobby
At least you can shag like that in the UK, but us in the USA can't do that
Just to let you know, that IBFX open their AU office finally:

https://www.ibfx.com.au/

US players welcome.. Like in all good days..

*400:1 Leverage

* Fast exectutions

* Reputation

* FULL HEDGING AVAILABLE (SELL/BUY at the same time)

* LOW Spreads

SCREW NFA REGULATORS!!!!! It's my money! And I'm wiling to risk.

f* off! Better regulate your thieves on the Wall STREET!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,006
  • Sep 16, 2010 12:00pm Sep 16, 2010 12:00pm
Quoting SkyzerFX
Congrats! Yeah, we finally got it..
Thanks Sky. And thanks for all your help.
It looks like there will be one tonight too.
What do you think?

I just opened an acct with GoMarkets in Au. Easy and they don't care if you're Amer or Euro, they treat all the same.
And they have great spreads and no minimum to open. Also hedging and high leverage.
  • #9,007
  • Sep 16, 2010 12:15pm Sep 16, 2010 12:15pm
Quoting sanyhuis
Thanks Sky. And thanks for all your help.
It looks like there will be one tonight too.
What do you think?

I just opened an acct with GoMarkets in Au. Easy and they don't care if you're Amer or Euro, they treat all the same.
And they have great spreads and no minimum to open. Also hedging and high leverage.

Thanks, well I think I'll let it RUN.. Actually it's tough to watch..

I like when it's all happens overnight and I don't have to suffer to watch

this show next day.. What would I probably do, when Cable again

at it highs tonight? I'll lower LOT Size.. If it drops, I'll delete Stop LOSS

and Average down 150 pips lower

Cable still in RANGE with attempts to break out higher.. IMHO.
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  • #9,008
  • Sep 16, 2010 4:52pm Sep 16, 2010 4:52pm
doesn't look like trade is going to open today.
197 is heading up while 10 is heading down.
Even if you had sma 31 and 10 thay are both heading in different directions.
  • #9,009
  • Sep 16, 2010 5:06pm Sep 16, 2010 5:06pm
Quoting kauaibobby
doesn't look like trade is going to open today.
197 is heading up while 10 is heading down.
Even if you had sma 31 and 10 thay are both heading in different directions.
Yeap, looks like no trade tonight, - you're right!

Have a good night..
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  • #9,010
  • Sep 16, 2010 6:11pm Sep 16, 2010 6:11pm
Just did a backtest with V17a ...

One with 31 SMA and the other 197 SMA... all setting default except for MM set at 5% x 3 positions.

Dont see how using 31 eliminates the losses?? Am I using different broker?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 31_SMA.jpg Size: 154 KB
Click to Enlarge Name: 197_SMA.jpg Size: 154 KB
  • #9,011
  • Sep 16, 2010 11:26pm Sep 16, 2010 11:26pm
My result is quite ok for 16th September trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 170910_001.jpg Size: 67 KB
  • #9,012
  • Sep 16, 2010 11:43pm Sep 16, 2010 11:43pm
Guys gotta say this..the only reason your trying to eliminate the loss is because the SL is so big..system with normal risk and return you can deal with...all this work to eradicate a loser ..and then market changes and its all for nothing any way..

I trade with losses its part of the game..if you want to use this system then you have to accept the fact that the account will grow slowly because all your money management should be based on 3 x 140 pip losses which means wins will be small

Paulus
  • #9,013
  • Sep 17, 2010 12:03am Sep 17, 2010 12:03am
Hi.
Notrade tonight;
FxPro
Alpari Uk.

Mac.
  • #9,014
  • Edited 9:20am Sep 17, 2010 5:31am | Edited 9:20am
Quoting tommycz
Just did a backtest with V17a ...

One with 31 SMA and the other 197 SMA... all setting default except for MM set at 5% x 3 positions.

Dont see how using 31 eliminates the losses?? Am I using different broker?
Do me a favor, before you hit TEST button, check your actual

GBPUSD spreads. Maybe you did test while your spreads were 7-11 pips?

(between sessions) - that's possible. Also Update your 1m Cable chart History..

Here is my backtest 1 YEAR td - $20000 start 3% risk- 31 SMA Profit $16,492.50

P.S and I USE 130 pips SL not 140
Attached Image (click to enlarge)
Click to Enlarge Name: 31SMA_YR_TD_3-risk.jpg Size: 68 KB
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  • #9,015
  • Sep 17, 2010 7:06am Sep 17, 2010 7:06am
Quoting SkyzerFX
Do me a favor, before you hit TEST button, check your actual

GBPUSD spreads. Maybe you did test while your spreads were 7-11 pips?

(between sessions) - that's possible. Also Update your 1m Cable chart History..

Here is my backtest 1 YEAR td - $20000 start 3% risk- 31 SMA Profit 16,49250

P.S and I USE 130 pips SL not 140
Thanks I will try that.. and it was "between sessions"

Will test next week during London open.
  • #9,016
  • Sep 17, 2010 7:20am Sep 17, 2010 7:20am
could someone tell me what is the logic or strategy behind this ea?..
  • #9,017
  • Sep 17, 2010 8:26am Sep 17, 2010 8:26am
Quoting kray_85
could someone tell me what is the logic or strategy behind this ea?..
Read Post #1. It's all there.
  • #9,018
  • Sep 17, 2010 9:09am Sep 17, 2010 9:09am
Quoting kray_85
could someone tell me what is the logic or strategy behind this ea?..
FFS, read post 1...!
  • #9,019
  • Sep 17, 2010 9:18am Sep 17, 2010 9:18am
Quoting kray_85
could someone tell me what is the logic or strategy behind this ea?..
No shortcuts here, Read whole 605 pages
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  • #9,020
  • Sep 17, 2010 12:40pm Sep 17, 2010 12:40pm
Quoting SkyzerFX
No shortcuts here, Read whole 605 pages
No SKY
Please be so kind ..... say " wait till 1605".



Nice weekend to all.
Regards

Mac.
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