Eaglets Flight Training School | Page 55 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Training: What to Look for in a Forex Training Program 1 reply

Quit Job , go Back to School, Trade Forex? 33 replies

Can forex trading help with a MBA school admission ? 1 reply

Attachments: Eaglets Flight Training School
Exit Attachments

Eaglets Flight Training School

  • #1,081
  • Jan 20, 2011 3:52pm Jan 20, 2011 3:52pm
Nice GJ
15 Min TF
use smMTF at 240,15
Roy at 240
and multi symbol color rsi with JPY paris

Had a good EU too
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 50 KB
  • #1,082
  • Jan 21, 2011 12:32pm Jan 21, 2011 12:32pm
Quoting dryclean
Nice GJ
15 Min TF
use smMTF at 240,15
Roy at 240
and multi symbol color rsi with JPY paris

Had a good EU too
Good job dryclean! I couldn't trade yesterday but got +37 pips today on US open trading EURUSD using trix
  • #1,083
  • Jan 22, 2011 10:20am Jan 22, 2011 10:20am
Hi Guys,

trade the 60-15-5 rules
and here a long signal eur/usd, take profit was +30

in 2 weeks 14% up with my account.
simple trading makes the difference to be profitable on longer term
Attached Image
  • #1,084
  • Jan 22, 2011 10:38am Jan 22, 2011 10:38am
Great job guys
I'm trading on the 15min TF 240,15 because my understanding is the trix indi is not responsive enough on lower TF but hey what ever works. Great on the 14% WOW

The rules are pretty cut and dry
  • #1,085
  • Jan 23, 2011 9:21am Jan 23, 2011 9:21am
Here is my setup:
240,15 on 15 TF

Get history glen buy glen sell are scripts updatestops(2) is money management ea defglen.set is set file for updatestops(2) 6 digit(still testing) Glen 240 template all the rest are indi's


Pairs and sessions
Tokyo GJ EJ US AU NU
New York GU EU UJ EJ UC

What I'll do 1st I load a pair and load the template. Then I will go to the weekly chart and back way out and draw support/ resistance lines (yellow) where I see them. Then drill down to day chart do the same then 4 h do the same. Not any more than that. Then I go to 15min chart. Then do the basic stuff.

Wait for arrow . . check roy, multi RSI and trade ADR color Make sure not around pivots supports or grid lines . . .check lawgirl indi (top rt corner)

If that all looks right then I use Glen xxx script and place a limit order
few pips above or below the current PA as .3 or .03 lots.

The updatestops scales out the trade. I have played with the TP1,2,3 I've tried 10 for tp1 at least I get something I will have TP3 9999 with a 20 TS
just in case I get a runner. I have also played with the percent of scale out. 25% for TP1 or 50% TP1. Still playing around with it.

Anyone out there using the updatestop ea that has good settings I'm all ears

I have traded Gleneagles live but not extensively.. The last few weeks I have been demoing and testing better entries and scaling out combinations. But after following Glen's post over the last few years It seams to be a pretty simple straight forward system. That if practiced will create some nice trades. The trick as in all trade don't force it...wait for the very best set up and go for it Your Win percent should be in the 80% + range Not bad. I have been using 40 SL but If I see a better set up I'll go 20 SL just be patient. I've seen trades almost hit SL to turn and hit some nice TP's
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 42 KB
Attached File(s)
File Type: zip glen 240.zip   49 KB | 370 downloads
  • #1,086
  • Jan 25, 2011 11:49am Jan 25, 2011 11:49am
Quoting dryclean
Here is my setup:
240,15 on 15 TF

Get history glen buy glen sell are scripts updatestops(2) is money management ea defglen.set is set file for updatestops(2) 6 digit(still testing) Glen 240 template all the rest are indi's


Pairs and sessions
Tokyo GJ EJ US AU NU
New York GU EU UJ EJ UC

What I'll do 1st I load a pair and load the template. Then I will go to the weekly chart and back way out and draw support/ resistance lines (yellow) where I see them. Then drill down to day chart do the same then 4 h do the same. Not any more than that. Then...
Just wondering if your settings work on days like today? Do you trade the London open?
  • #1,087
  • Jan 25, 2011 1:04pm Jan 25, 2011 1:04pm
Quoting AllyB
Just wondering if your settings work on days like today? Do you trade the London open?

AllyB,

On a day like today if you were unable to trade the LDN session , you ended up with choppy market conditions on most pairs. All the swing systems will battle in market conditions like that.
" Never let the past hold the future to ransom "
  • #1,088
  • Jan 25, 2011 1:17pm Jan 25, 2011 1:17pm
Quoting Gleneagles
AllyB,

On a day like today if you were unable to trade the LDN session , you ended up with choppy market conditions on most pairs. All the swing systems will battle in market conditions like that.
I did manage to catch a couple good trades early this morning. Sold EU at 3628 and TP 3612 and another good trade was selling USDCHF at 9482 with a TP at 9443 for a total of +57 pips. Then I tried 2 shorts on EU with a -20.

Got to figure out how to have a life and still trade the London open

I see you did well today. Great trading. I want to make that many pips a day or me and my dog are going to starve LOL.

How does that go ... Old mother Hubbard went to the cupboard to get her poor dog a bone ... the cupboard was bare ... can't remember the rest!
  • #1,089
  • Jan 25, 2011 2:19pm Jan 25, 2011 2:19pm
Hello

I am trying to figure out the updatestops EA
See image below

I would like to take 50% profit at 20 pips and 50% profit at 40 pips
When price has moved to 20 pips profit I would like to move the stop loss to break even.

What settings do I need to change

Thanks!

PGPB
Attached Image
  • #1,090
  • Jan 25, 2011 2:53pm Jan 25, 2011 2:53pm
Quoting pgpb
Hello

I am trying to figure out the updatestops EA
See image below

I would like to take 50% profit at 20 pips and 50% profit at 40 pips
When price has moved to 20 pips profit I would like to move the stop loss to break even.

What settings do I need to change

Thanks!

PGPB

Looks correct hardstop warning I have set off
also slippage might need to be adjusted I was using on a alpari 6 digit broker and had to set to 300 5 digit set to 30. This is from the author. But I would test it out for sure. What you could do is on tp2 set to 9999 and set TS to 20 then if you get a runner you will pick it up
  • #1,091
  • Jan 25, 2011 2:55pm Jan 25, 2011 2:55pm
Quoting AllyB
Just wondering if your settings work on days like today? Do you trade the London open?
Tough day had a good UJ but the swissy killed me.
But I did place some buy stop /sell stops near the support lines so I didn't get in the trades and was protected
  • #1,092
  • Jan 25, 2011 2:57pm Jan 25, 2011 2:57pm
Quoting Gleneagles
AllyB,

On a day like today if you were unable to trade the LDN session , you ended up with choppy market conditions on most pairs. All the swing systems will battle in market conditions like that.
Glen yoou did have a nice day no wonder this is name after you LOL
  • #1,093
  • Jan 25, 2011 2:57pm Jan 25, 2011 2:57pm
Quoting Gleneagles
AllyB,

On a day like today if you were unable to trade the LDN session , you ended up with choppy market conditions on most pairs. All the swing systems will battle in market conditions like that.
Hi Gleneagles,

thanks for all the info you've been sharing with us so far. I saw your chart on the EURUSD forum today ( http://www.forexfactory.com/showthre...20#post4343020 ). If I'm right the indicator you use there is the multisymbol_color-RSI_LQ_1.0. But I just can't figure out which pairs and what period you are using. I would highly appreciate the info!

Thanks in advance
  • #1,094
  • Jan 25, 2011 3:01pm Jan 25, 2011 3:01pm
Quoting dryclean
Looks correct hardstop warning I have set off
also slippage might need to be adjusted I was using on a alpari 6 digit broker and had to set to 300 5 digit set to 30. This is from the author. But I would test it out for sure. What you could do is on tp2 set to 9999 and set TS to 20 then if you get a runner you will pick it up

Thanks very much.
I was demo trading on another broker, but I live trade with Alpari UK so I believe they are 6 digits.

I have made the changes you have suggested.

PGPB
Attached Image
  • #1,095
  • Jan 25, 2011 3:02pm Jan 25, 2011 3:02pm
Quoting dryclean
Tough day had a good UJ but the swissy killed me.
But I did place some buy stop /sell stops near the support lines so I didn't get in the trades and was protected
Good move then. Do you trade the London open? I think I seen where you said you did. Going to focus more on setting pending orders. I used to do that quite a bit with good success.

Thanks for your help!
  • #1,096
  • Jan 25, 2011 3:03pm Jan 25, 2011 3:03pm
Quoting pgpb
Thanks very much.
I was demo trading on another broker, but I live trade with Alpari UK so I believe they are 6 digits.

I have made the changes you have suggested.

PGPB
on alpari you may need to make that bottom 30 300 but test it out I have alpair US
  • #1,097
  • Jan 25, 2011 3:05pm Jan 25, 2011 3:05pm
Quoting AllyB
Good move then. Do you trade the London open? I think I seen where you said you did. Going to focus more on setting pending orders. I used to do that quite a bit with good success.

Thanks for your help!
Not the open I'm sleeping but I start about 5-6am EST which is around 11am so I miss a lot of fun but catch the end and the NY open
I do the Asian but latley it has been slow moving
  • #1,098
  • Jan 25, 2011 3:09pm Jan 25, 2011 3:09pm
Quoting dryclean
Not the open I'm sleeping but I start about 5-6am EST which is around 11am so I miss a lot of fun but catch the end and the NY open
I do the Asian but latley it has been slow moving
That's the time I trade also I live in Michigan ... where you at?

I am thinking that the Asian session will be interesting tonight. I don't know if Obama's speech will have any effect but it might.
  • #1,099
  • Jan 25, 2011 3:25pm Jan 25, 2011 3:25pm
Quoting AllyB
That's the time I trade also I live in Michigan ... where you at?

I am thinking that the Asian session will be interesting tonight. I don't know if Obama's speech will have any effect but it might.
Oh god you are from that place up north You'll love this

O H -- I O
  • #1,100
  • Edited 5:31pm Jan 25, 2011 3:34pm | Edited 5:31pm
Quoting dryclean
Oh god you are from that place up north You'll love this

O H -- I O
could be worst ... could be one of the New England states! Then you would have tons of snow and cold!

Your a Buckeye!
0 traders viewing now