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London Open Strategy

  • #141
  • Aug 6, 2014 2:06am Aug 6, 2014 2:06am
Quoting mwsteiner
G Mornig all, long today with SL on spike @ 1.3347?
Nice.

Long EU @ 1.3359

Short UF @ .91018

Trailing Stops and Partial Profits programed in. Let the day begin.

GREEN pips to all.
  • #142
  • Aug 6, 2014 2:21am Aug 6, 2014 2:21am
Morning chaps.

EU long 3360

SL 3348
TP 3370
  • #143
  • Aug 6, 2014 2:24am Aug 6, 2014 2:24am
Quoting Quidsey
Morning chaps. EU long 3360 SL 3348 TP 3370
Opened 1.3359 1 lot LONG
Closed 50% 5 pips TP
Still Open 0.50 lots but BE 1 pip profit stop.
TS 10pips
*using MPTM EA is so easy
  • #144
  • Aug 6, 2014 2:28am Aug 6, 2014 2:28am
Today is a bit more of a counter trend trade, so I think it will be a little bit slower developing and the profit potential is not as great.

Of course it doesn't take much if you can bank GREEN pips every day.

As soon as these trades hit my partial profit zones, I'll move my SL to BE and head to bed. Then it's up to the trailing stops to manage my trade for me.

GREEN pips to all.
  • #145
  • Aug 6, 2014 2:34am Aug 6, 2014 2:34am
Quoting mwsteiner
G Mornig all, long today with SL on spike @ 1.3347?
closed half @ 1,33681 SL = BE+1

hope he can go up trough 1.337

Greetz Michael
  • #146
  • Aug 6, 2014 2:35am Aug 6, 2014 2:35am
Quoting Patmontes
{quote} Opened 1.3359 1 lot LONG Closed 50% 5 pips TP Still Open 0.50 lots but BE 1 pip profit stop. TS 10pips *using MPTM EA is so easy

That's great. Now let the market give you what it can.

I personally use FX Synergy to manage my trades because I can setup dynamic trailing stops that expand or contract as the price continues to move in my favor, ie I usually set up tighter trailing stops until the market moves in my favor then I expand them wider to let the market breath. That is how I still have trades on from last year.

I can also setup multiple partial profit prices as the price moves in my favor. It allows you to setup partial profit points from 1% to 100% of your position. This way I only have to put on one trade and manage it from there.

Continued success.

GREEN pips to all.
  • #147
  • Aug 6, 2014 2:38am Aug 6, 2014 2:38am
SL to BE lets see how it will go.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 6.8.14.png Size: 52 KB
  • #148
  • Aug 6, 2014 2:40am Aug 6, 2014 2:40am
tp hit 10 pips profit
orid
  • #149
  • Aug 6, 2014 2:41am Aug 6, 2014 2:41am
Another win in the pip tin

As ST said counter trend today so I've gone full 3 lots in and out.

Great people are experimenting with the MM side.

Going to check that MPTM EA today Pat.

All the best.
  • #150
  • Aug 6, 2014 2:44am Aug 6, 2014 2:44am
I got EU pip delivery today too. thank u Quidsey. got out all cos 200EMA on the way.
Appreciation is the key to wealth and happiness
  • #151
  • Aug 6, 2014 2:46am Aug 6, 2014 2:46am
Closed first part (3361) at 10 pips, second to BE +1...
  • #152
  • Aug 6, 2014 2:46am Aug 6, 2014 2:46am
Quoting Quidsey
Another win in the pip tin As ST said counter trend today so I've gone full 3 lots in and out. Great people are experimenting with the MM side. Going to check that MPTM EA today Pat. All the best.
Keep the pip tin full.

Good night from this side of the pond, it's almost 3am here.

I hope to wake up and find that my positions are still active and moving towards higher profits.

Keep supporting each other with constructive ideas, and may everyone's pip tins over-flow with an abundance of stress free pips of the GREEN persuasion.

GREEN pips to all, and to all a good night.
  • #153
  • Aug 6, 2014 2:50am Aug 6, 2014 2:50am
+10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 6.8.14_ tp.png Size: 53 KB
  • #154
  • Aug 6, 2014 2:50am Aug 6, 2014 2:50am
Long trade ended +5 pips for me; when trade was +9 pips I moved the SL to +5 pips and it was hit. I have 3 trades so far with 3 wins no losses and +30 pips overall. I hope price moves back up for you traders that have long trades in place.

Great trading!
BC2
  • #155
  • Aug 6, 2014 2:57am Aug 6, 2014 2:57am
Still on demo but good results today, tried 3 pairs today.

EURUSD 6.5 pips (Left to see if it would reach higer)
USDCHF 5 pips
GBPUSD 8 pips



Also, left a new Pending trade on my intened TP on EURUSD which has just been enabled
  • #156
  • Aug 6, 2014 3:09am Aug 6, 2014 3:09am
Quoting Quidsey
Another win in the pip tin As ST said counter trend today so I've gone full 3 lots in and out. Great people are experimenting with the MM side. Going to check that MPTM EA today Pat. All the best.
This EA has lots of features, better have a look here:
http://www.stevehopwoodforex.com/php....php?f=21&t=64

It also does jumping stops.
  • #157
  • Aug 6, 2014 3:40am Aug 6, 2014 3:40am
Quoting mwsteiner
{quote} closed half @ 1,33681 SL = BE+1 hope he can go up trough 1.337 Greetz Michael
2nd half stopped out BE+3,5

Greetz Michael
  • #158
  • Aug 6, 2014 3:56am Aug 6, 2014 3:56am
Quoting Go5
{quote} This EA has lots of features, better have a look here: http://www.stevehopwoodforex.com/php....php?f=21&t=64 It also does jumping stops.
Thx, I don't seem to have the required permission to see the attached file, I'm registered, do I have to post something first?
  • #159
  • Aug 6, 2014 4:09am Aug 6, 2014 4:09am
Quoting Quidsey
{quote} Thx, I don't seem to have the required permission to see the attached file, I'm registered, do I have to post something first?
What attached file? I didn 't post and had no problem
  • #160
  • Aug 6, 2014 4:18am Aug 6, 2014 4:18am
On stevehopwoods site I can't see the EA file to download.
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