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100PipsADay replied Jul 2, 2013One thing you could do is manually open a trade in the direction of current trend then Enable the EA and it will only open positions in the direction of current open trades which in this case would be SELL positions for EUR/CAD. Just a thought...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013Could you post a D1 chart for EUR/CAD? I'm not sure WHY this has happened...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013Could you post a screen shot of your chart so that I can see the top right corner of your screen? Thanks!
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013I don't trade D1 20 EMA & 50 EMA strategy on live accounts although it does seem to work very well. I have also seen quite a few other members make money using the other strategy. However, I have been trading using the Third Screen Strategy for ...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013This is definitely a different type of strategy then the other swing trading strategies that I offer freely to the Forex Factory community but feel free to follow along. I'll try and update statistics on a weekly basis.
Passive Cash Flow Grid Trading System
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100PipsADay replied Jul 2, 2013I have never had opposing trades for the same pair open at the same time with this EA as that goes against my strategy. Are you 100% positive that you have the correct Expert Advisor from the first post of this thread? Please clarify...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013The EA WILL NOT open opposing trades for the same pair no matter what. Therefore, you won't need to disable it while waiting for SL or TP targets to get hit.
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013Excellent work on your 100% return!
My accounts have different goals (aggressive, moderate, conservative) so I will change total amount of pairs traded as well as lot sizing depending on profit target and account balance. I do however ...Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013You're welcome. The system is almost identical but I don't trade my live accounts on MT4 (except for my grid strategy) for various reasons. I started with $100k in August of 2012 and am now up to a little over $250k. However, I've taken profits out ...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013Hey PipsMyRide, no problem buddy! We're all in this industry trying to make money so why not share what has worked for me
You're so right when you say that patience is the soul of this system!Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 2, 2013First of all, I'm not sure HOW you have open SELL and BUY positions for the same pair! You must be using a different EA then the one attached on this particular thread... Second, it's up to you whether you want to wait for SL / TP targets to get hit ...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 1, 2013Third Screen Strategy #1: 41 Days 19,000 Pips 90% Return 24% Drawdown Profit Factor - 3.25 67% Win RateThird Screen Strategy #2: 64 Days 43,000 Pips 95% Return 6% Drawdown Profit Factor - 2.96 63% Win RateAnybody still wondering if this strategy is ...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 1, 2013It's all about personal preference. I think I'll stick with AUD/JPY, NZD/JPY, CAD/JPY, EUR/AUD, GBP/AUD, and GBP/NZD for the time being. SL & TP parameters are the same. I actually have a max positions of up to 8 per pair for most pairs.
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 1, 2013These positions were opened up last week according to the rules of the strategy...
Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 1, 2013You're welcome Olarion! Glad you're enjoying this simple and powerful system

Third Screen Strategy - Dr. Alexander Elder
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100PipsADay replied Jul 1, 2013I really only use Candle Formation (price action) at significant areas of support / resistance on the Weekly time frame.
D1 - 20 EMA & 50 EMA
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100PipsADay replied Jul 1, 2013I personally prefer a little manual intervention more than often, especially with my two larger accounts. It's such a simple strategy and doesn't require much time at all anyways even if manually trading 10 pairs or so.
D1 - 20 EMA & 50 EMA