Hi, I am new to the thread, I am into the first 50 pages of the thread already. I decide to start trading demo with this system but one problem I am having is I do not have a setup at all for the 15M TF today from London Open until now with EURUSD, GBPUSD, AUDUSD, USDCHF and Gold. It seems that the TMA slope is not going anywhere above +50 for long or -50 for short. Does anyone here have a solid setup for today's trade? I cannot get past the first rule. Or am i missing something here?
- #9,442
- Apr 19, 2012 10:50am Apr 19, 2012 10:50am
- Joined Aug 2011 | Status: Trader | 4,928 Posts
Observation is the path to discovery.
- #9,445
- Apr 19, 2012 11:12am Apr 19, 2012 11:12am
- Joined Aug 2011 | Status: Trader | 4,928 Posts
Observation is the path to discovery.
- #9,446
- Apr 19, 2012 11:25am Apr 19, 2012 11:25am
Yes you need to comply with rule 3. The good news is that rule 3 is almost always valid, so it won´t keep you out of almost any trades.
- #9,449
- Apr 19, 2012 12:26pm Apr 19, 2012 12:26pm
- Joined Aug 2011 | Status: Trader | 4,928 Posts
Observation is the path to discovery.
[font=Calibri][size=3]Okay - here's a revised edition from my earlier attempts. I've included page numbers, clean up the alignment, linked each chapter title back to the Table of Contents, and have included the original post as seen on FF.
I captured the posts a little differently which has a disadvantage, the words can be a little small at times. However a nice advantage is this format does capture the post number which would be very useful for those users that have tweaked the default page views in forex factory.
Hope you guys like it. If this...
. Very useful.
'the quieter you become, the more you are able to hear' - Ram Dass
[font=Calibri][size=3]Okay - here's a revised edition from my earlier attempts. I've included page numbers, clean up the alignment, linked each chapter title back to the Table of Contents, and have included the original post as seen on FF.
I captured the posts a little differently which has a disadvantage, the words can be a little small at times. However a nice advantage is this format does capture the post number which would be very useful for those users that have tweaked the default page views in forex factory.
Hope you guys like it. If this...
Thank you Frank.
I will check how it performs and let everyone know.
Best regards,
Mike
Funny thing happened
When I finally managed to install the system (thanks to Frank) on 14.04 I started to use it the following way. I opened demo account
(100%)I initiated templates "large atr" on EURUSD and EURGBP 1H each.
I initiated 5x5 EA sell or buy, depending on info "Ranging""Sell only"Buy Only". In fact I was applying EA SEll when the price was on the top of the orange ribbon and EA buy when the price was on the bottom.
Funny thing: after EA Buy entered trade (I switched to 1 lot), the SL and TP were initiating as well. To my surprise, when the EA sell entered trade, no SL or TP were applied. The EA went to suspend, then I initiaded the Cave Manager to get SL and TP values and then I initiated the EA again.
Funny thing. Inconsistency in setting TP and SL (I only changed number of lot). In three days, while operating EAs on 1H charts, I earned 40%. 12 or 10 winning streak (on demo).
Yesterday (or today) I installed the 5x5 EA for ALL TF. I installed it and followed the above procedure (again, no SL or TP initiated in case of 5x5 EA Sell). The result....at the end of the day, my account is equal to 100%, so it means I lost 40% today trading on 1H applying the EA 5x5 for ALL TF...12 or 10 losing streak....But the fact is that I upgraded only EAs 5x5, but I did not upgrade the pocket.zip (I use the previous version of 13 April).
Anyone shared the same experience????
ps. sorry for loooong writing, but I wanted to be precise.
Mike