Third Screen Strategy - Dr. Alexander Elder | Page 60 | Forex Factory

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Third Screen Strategy - Dr. Alexander Elder

  • #1,181
  • Jun 6, 2013 8:14am Jun 6, 2013 8:14am
Hallo MKFTrader,

What do you use as stop and profit target in general ?
  • #1,182
  • Jun 6, 2013 8:31am Jun 6, 2013 8:31am
Quoting rexio
Hallo MKFTrader, What do you use as stop and profit target in general ?
Hallo rexio,
I am using generally a 200 SL and 320 TP. This is my R/R preference. Cheers
  • #1,183
  • Jun 6, 2013 9:00am Jun 6, 2013 9:00am
So question for 100 pips a day.
Is the EA on page 1 set to do everything it needs to do to replicate the strategy? Too many tweakers want to mess with things LOL
Thanks
  • #1,184
  • Jun 6, 2013 11:31am Jun 6, 2013 11:31am
System is killing it today.
  • #1,185
  • Jun 6, 2013 11:35am Jun 6, 2013 11:35am
Quoting MKFXTrader
System is killing it today.
Ditto!
  • #1,186
  • Jun 6, 2013 12:00pm Jun 6, 2013 12:00pm
Quoting MKFXTrader
System is killing it today.
What does this expression mean ? It looks like you give a party today ?
  • #1,187
  • Jun 6, 2013 12:07pm Jun 6, 2013 12:07pm
Quoting rexio
{quote} What does this expression mean ? It looks like you give a party today ?

Pretty sure it means the system is doing quite well today!
  • #1,188
  • Jun 6, 2013 12:17pm Jun 6, 2013 12:17pm
Quoting rexio
{quote} What does this expression mean ? It looks like you give a party today ?
No party in Netherlands today?
  • #1,189
  • Jun 6, 2013 12:23pm Jun 6, 2013 12:23pm
Quoting MKFXTrader
{quote} No party in Netherlands today?
Well, a small one today.
  • #1,190
  • Jun 6, 2013 12:33pm Jun 6, 2013 12:33pm
from my 12 pairs EUR/JPY and CHF/JPY were both triggering with the Day MACD down - H1 triggers at 06:00 and 12:00 PDT - easy 400pips - shame it wasn't in the live account, but again shows the strength of the method
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chfjpyh1 tri screen 6-6-2013.png Size: 50 KB
Click to Enlarge Name: eurjpyh1 tri screen 6-6-2013.png Size: 46 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #1,191
  • Jun 6, 2013 1:06pm Jun 6, 2013 1:06pm
Quoting MKFXTrader
System is killing it today.
indeed.
  • #1,192
  • Edited 2:34pm Jun 6, 2013 2:21pm | Edited 2:34pm
Traders Trading very slow D1 MACD and H1 W%R don't match , Still waiting long time , Still waiting for them to match up . How about u . Maybe E A play safe .
  • #1,193
  • Jun 6, 2013 2:47pm Jun 6, 2013 2:47pm
Quoting terminator12
Traders Trading very slow D1 MACD and H1 W%R don't match , Still waiting long time , Still waiting for them to match up . How about u . Maybe E A play safe .
Can you give an example ?
  • #1,194
  • Jun 6, 2013 3:12pm Jun 6, 2013 3:12pm
Quoting terminator12
Traders Trading very slow D1 MACD and H1 W%R don't match , Still waiting long time , Still waiting for them to match up . How about u . Maybe E A play safe .
You need to have patience. It will come.
  • #1,195
  • Jun 6, 2013 4:11pm Jun 6, 2013 4:11pm
I just attached to all suggested pairs short time ago and got a buy on the eur/aud at 1.37732 and a buy on the gbp/aud at 1.62247 demo with excel markets, by far one of the best brokers I have used. I do have a real $ account with them as well. Execution/spread/slippage etc are great
  • #1,196
  • Jun 6, 2013 5:36pm Jun 6, 2013 5:36pm
Quoting sheppy
I just attached to all suggested pairs short time ago and got a buy on the eur/aud at 1.37732 and a buy on the gbp/aud at 1.62247 demo with excel markets, by far one of the best brokers I have used. I do have a real $ account with them as well. Execution/spread/slippage etc are great
GBPAUD will possibly be reversing soon. Careful.
  • #1,197
  • Jun 6, 2013 5:42pm Jun 6, 2013 5:42pm
I will let the EA do its thing, not going to interfere at all
  • #1,198
  • Jun 6, 2013 6:14pm Jun 6, 2013 6:14pm
Quoting sheppy
I will let the EA do its thing, not going to interfere at all
100pips said you are NOT supposed to take every trade. You need to review the pairs to find potential major S/R zones for reversals, and such.

As is, you're probably going to lose on AUDUSD if the EA takes those trades for you, and as I said, possibly GBPAUD IF it reverses.

Just giving you a heads up.
  • #1,199
  • Jun 6, 2013 6:18pm Jun 6, 2013 6:18pm
Thanks Tok appreciate it
  • #1,200
  • Jun 6, 2013 6:19pm Jun 6, 2013 6:19pm
got 100 pips today on my 2nd long position on audusd.

1st long position still open.

not bad for just a few minutes work. especially when i havent been trading actively recently. in the process of opening a car hire firm. busy looking around for cars to buy !


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