another win on AUD/USD this time. less risky but still not good on RSI
There is no Magic Moving Average - You need only one 1,114 replies
Demo contest only - 20 pips TP and 20 pips stop - Any TF 51 replies
I lose 40 pips and win 6 to 10 pips... 17 replies
Need Script/EA can only generate Magic number 5 replies
spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies
Disliked{quote} Thanks Dave, very generous of you too. One question does this run 24/5 or does it just run during the active parts of each session?Ignored
DislikedTook the Eu short but not looking good. I took it at the beginning of the last red candle as the price wanted to continue the down trend. RSI coming from 70 area, price under 200MA both on 15M and 1H TF. I've also noticed that better odd when the base candle has no back wick(like the doji in my case) {image}Ignored
DislikedFirst example of Dave's EA in action. Seems to have entered one bar late by my reckoning? {image}Ignored
DislikedTook the Eu short but not looking good. I took it at the beginning of the last red candle as the price wanted to continue the down trend. RSI coming from 70 area, price under 200MA both on 15M and 1H TF. I've also noticed that better odd when the base candle has no back wick(like the doji in my case) {image}Ignored
Disliked{quote} dont panic it moved down enough for 5 pips..still going down One important factor is forgotten on avoiding this trade: its a pullback of new possible uptrend which started from recent bottoming. one should always check market environment.Ignored
Disliked{quote} {quote} Agree on that. As much as the rules say to stay with trend, and under ./ above 200 ema etc.. after such a strong move as last few days on E/U, and price is now above the daily open line, I'd be wary of shorting it. Until it goes negative again.Ignored
Disliked{quote}On another point, some advice please. Once you enter a trade and nothing happens (just sideways) at what point do you exit because the original criteria for entering no longer apply?Ignored