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- mitchp replied Oct 13, 2008
FXDD — My FXDD trades are currently at -$200. My account has decrease by nearly $1700 since last night.
Trading system using relative strength
- mitchp replied Oct 13, 2008
ES, Are you testing both your brokers or are you finding one is better that the other. I'm on FXDD and not having positive response . Thanks Mitch
Trading system using relative strength
- mitchp replied Oct 13, 2008
Up and Down — Been as high as -$350, low as -$45
Trading system using relative strength
- mitchp replied Oct 13, 2008
Harigp, Can you post either your + & - or your buys. I'd like to compare them to mine - I'm not fairing so well so far. Thanks Mitch
Trading system using relative strength
- mitchp replied Oct 12, 2008
Which Signal, Time will tell — You need to demo both to determine which give you a better signal. FXDD did well for me last week. Today I made 9 trades at the first 4 hr bar ( probably should have waited). At about hour 2 I was close to -$500, ...
Trading system using relative strength
- mitchp replied Oct 12, 2008
[quote=mitchp;2275656] oops! This is not entirely correct, if the base is getting stronger (indicated with a +), you only go long if the other currency is weak ( indicated with a -).
Trading system using relative strength
- mitchp replied Oct 12, 2008
[quote=ronzzer;2275651]If I understand the concept that ES has explained, you take a base that is getting stronger and make long trades on all of it's primary pairs, and short trades on it's secondary pairs.
Trading system using relative strength
- mitchp replied Oct 12, 2008
FXDD Broker — Kfx, Interesting, quite a difference. Who is your broker
Trading system using relative strength
- mitchp replied Oct 12, 2008
Here's my buys (live account) — I'm a believer in this system. Here are my opening trade: USDJPY - Buy USDCHF - Buy USDCAD - Buy GBPJPY Buy GBPCHF - Buy EURUSD - Sell EURGBP - Sell AUDUSD - Sell AUDNZD - Sell Currently I'm -$11
Trading system using relative strength
- mitchp replied Oct 11, 2008
trading after the 4hr bar — Kfx, ES Trader said it many times that he's not always at the screen when the 4hr bar first appears. I believe his various posts were to indicate that with this system you can still get some good pips even if you ...
Trading system using relative strength
- mitchp replied Oct 11, 2008
Where is all of this going — People, Where is all of this going. We have taken a very good, clean, simple (KISS), pip winning ( all I have to do is look at my balnace) system and diluted it to the point that we chased away the originator. How ...
Trading system using relative strength
- mitchp replied Oct 11, 2008
My suggestion is to never place trades like this without protecting yourself from failures: sudden bad news that tanks prices or power failures that make it hard for you to manage your trades. Trader101's 2protect EA is very good for securing ...
Trading system using relative strength
- mitchp replied Oct 10, 2008
I try to, but I have entered up to an hour after the new bar and still made money.
Trading system using relative strength
- mitchp replied Oct 10, 2008
I'm sure market conditions are a big influence on how crazy this has been, but I have made over 2000 pips in the last couple days with this method. Each 4 hour I clear my trades and start over selecting trades just based upon the + and - the CCFp ...
Trading system using relative strength
- mitchp replied Oct 10, 2008
the macro was only a clear button,, not really necessary. It seems you can't upload any documents with macros on Forex Factory. Hopefully it stills work. The pairs are based upon my broker - FXDD.
Trading system using relative strength
- mitchp replied Oct 10, 2008
Maybe this can help — Attached find a very crude excel worksheet to help determine trades based upon this method. Enter the appropriate "+" and "-" on worksheet 1 and then click on worksheet 2 and to see the suggested trades. It had been ...
Trading system using relative strength
- mitchp replied Oct 9, 2008
This is fantastic — ES, I hope for many pips for you, I am up around around 800 pips today with this method. The only problem is figuring out SL and TP, so you don't have to sit watching the screen, though with increases like these it's pretty ...
Trading system using relative strength
- mitchp replied Oct 9, 2008
New Trades — ES, CHF and JPY are both '+', why did you take a trade? Thanks
Trading system using relative strength
- mitchp replied Oct 9, 2008
Working for me — Just did a live test shortly after the last 4hr chart. Went long AUDUSD (taking signal from the indicator). It reach 135 pips, put a s/l at 100 and got hit a bit after that. I'll take 100 pips anytime!!!!!!
Trading system using relative strength
- mitchp replied Oct 9, 2008
jnita, Look at your chart, it's for 1H. This system was designed to take the readings from the 4H chart. Mitch
Trading system using relative strength