No, in that case I've talked about a long trade: Higher highs followed by higher lows... Regards - Xaron

5Min Intraday System

Wow, this was a short trading day... 20 minutes... EUR/USD #1: Long at 1.57575 1st half closed at 1.57622: +4.7 pips 2nd half closed at 1.58679: +10.4 pips image GBP/USD Long at 1.97235 1st half closed at 1.97304: +6.9 pips 2nd half closed at BE: ...

5Min Intraday System

Ok, guys. Made about 3.1% today in 20 minutes. Enough for today... Charts will follow as usual. Regards - Xaron

5Min Intraday System

Numeral, hit F3 and set this Critic variable to zero. Regards - Xaron

Martingale Baggio Method

Thanks for posting. Is there a way to use the time entry start without a stop time? If I want to use higher stop and tp settings a trade can last several days... I don't want to stop then, I just want to use the time entry start. Thanks and best ...

PowerSM Semi-Martingale EA

Inflation raises so they should hike. But they won't do it because of this stupid credit crisis. Otherwise they won't do the same mistake like the FED so I believe they don't change the rate. Some months ago I was sure they will cut the rate but ...

The ECB will likely ...Cut or Hike?

I use 6:00 GMT as well. At the moment this is 08:00 local german time so one hour before Frankfurt open. In winter you have to set it to 7:00 GMT due to daylight saving... 7:00 GMT should work, too. But there is no guarantee of course. Someday it ...

PowerSM Semi-Martingale EA

Thanks Fernie! This 20 degree on the SMA 50 is a very subjective thing. I don't use it too often, I like the early entries, even if they are more risky. I have another trend definition. If there is a new high followed by a higher low I enter in ...

5Min Intraday System

Thanks Palmer! Ah and thanks Willem as well! Regards - Xaron

5Min Intraday System

The market isn't random because it's the sum of human decisions. Psychology is very important. I agree that there is a lot of noise in the lower timeframes. Regards - Xaron

Is the market random or not ?

That's not the MT4 standard. A lot is $100,000 for dollar based currencies. Regards - Xaron

0.01 lots at 1 cent per pip

Sure. I use Alpari UK. Currently I trade only the EUR/USD but think about to use the Lucky-7-Setup on the EUR/JPY as well... I use my own progression system. So I'll end up always with about $40. Regards - Xaron

PowerSM Semi-Martingale EA

Ah I see. Yes I use a time entry. Regards - Xaron

PowerSM Semi-Martingale EA

Used your EA today in my live account. Did work very well on the EUR/USD. Just a question. Do I have to disable the EA over the weekend, as it might try to open a position tomorrow which will lead to errors? Regards - Xaron

PowerSM Semi-Martingale EA

They offer anything down to one single unit. So if you go long in the EUR/USD at 1.5000 with one unit and sell at 1.5001 you have made $0.0001. It's simple: 1 standard lot = 100,000 units 1 mini lot = 10,000 units 1 micro lot = 1,000 units 1 nano ...

0.01 lots at 1 cent per pip

Ha! I know what you mean. My boy (2 years) doesn't sleep so well... Unfortunately... How old is your child? Regards - Xaron

5Min Intraday System

What about Oanda?

0.01 lots at 1 cent per pip

I'm back on track, made about 2% today. EUR/JPY #1: Entry was ok, but got stopped out. Short at 161.006 Closed at 160.806: -20.0 pips image EUR/USD #1: Wow... I closed my first half of the position very fast, cause there was some kind of choppy ...

5Min Intraday System

Thanks ithorror! I think you're right with your 20 pips sl. Will give it a try. If I look at my past trades it won't really matter if I had used 20 or 30 pips... Regards - Xaron

5Min Intraday System

Thanks feb! So you trail your stop always pip by pip? If the market went 5 pips in your favor your risk is only 15 pips as you moved your SL? Regards - Xaron

The System II (Yes with irony)