True, but remember we always try to keep the same risk/reward ratio so if you decide to shoot for only 50 pips then set your SL at say 25-30 which is not really recommended due to the fact that we are still trading off of the Daily charts using a ...

Third Screen Strategy - Dr. Alexander Elder

I'm still sitting out all of the pairs with this particular strategy. Am going to patiently wait for confirmed trend reversal. I already squeezed out over 30,000 Pips in the first 2 months so even if I have to wait another 1-2 months before trading ...

D1 - 20 EMA & 50 EMA

The biggest problem with buying at these levels is the recent run up of about 2,000 Pips! MACD was in uptrend for over 2 and a half months. It is probably best to disable the EA for this pair at the moment. *I'm personally already starting to build ...

Third Screen Strategy - Dr. Alexander Elder

I prefer my particular broker's server time due to the fact that I've been using them for almost 2 years now. I try to stick with one broker (for signals) as much as possible. It won't really matter though in the long run...

Third Screen Strategy - Dr. Alexander Elder

I try not to think too much, I just stick to my strategy and wait for SL or TP targets to get hit. I don't care when trades hit SL to be honest as I already factor in losses as part of my business expenses.

Third Screen Strategy - Dr. Alexander Elder

In regards to EUR/AUD, the past 3 Days I have D1 MACD telling me to sell with one of the brokerage firms that I use.

Third Screen Strategy - Dr. Alexander Elder

Yes, it's best to trade pairs that trend well and I have listed my top 4. However, feel free to try it out on other pairs as most pairs do end up having a few big moves every year that we can really take advantage of when opportunity presents itself. ...

Third Screen Strategy - Dr. Alexander Elder

I would NEVER trade this strategy with only one position per pair, the whole point of this trend strategy is to take advantage of the trend. However, you can choose to add on new positions when you are currently in profit or you can add new ...

Third Screen Strategy - Dr. Alexander Elder

Who cares? The risk is always less than the reward and my Win % is always anywhere from 50% - 80% for ALL pairs traded. So even if I have a 50% win rate with a 1:2 risk reward ratio I will always remain profitable.

Third Screen Strategy - Dr. Alexander Elder

I actually LOVE when pairs go against me as it gives me better entry points for more positions! As long as it doesn't move against me too much... This is the ONLY way that our system gives buy/sell signals as we need price to move against us ...

Third Screen Strategy - Dr. Alexander Elder

If I could only choose 5 pairs I would choose AUD/JPY, EUR/AUD, GBP/AUD, CAD/JPY, and either AUD/USD or NZD/USD.

D1 - 20 EMA & 50 EMA

Tok, Here is a good post from you and I agree with most of it. When trading FOREX remember to keep your cool and not let your emotions get the best of you. When you lose control you lose money, simple as that! I want to see more quality ...

Third Screen Strategy - Dr. Alexander Elder

You're right, seems as though there is a lot of indecision at this time. Oh well, this won't change anything for us, we just follow the plan and wait for SL or TP targets to get hit.

Third Screen Strategy - Dr. Alexander Elder

How is this possible? It's not! Your comments and your lack of ability to follow this system is a joke! Come on Tok, I thought you understood that this is a swing trading strategy by now? You NEED TO FOLLOW THE RULES!

Third Screen Strategy - Dr. Alexander Elder

Tok, Please post a chart to support your EUR/CAD short trade. I am still seeing D1 MACD pointing UP... I've posted two different EUR/CAD charts from two different brokers and both are still pointing up. Also, you probably should have had open BUY ...

Third Screen Strategy - Dr. Alexander Elder

Smelly Fingers... LOL

Third Screen Strategy - Dr. Alexander Elder

I've just been waiting for D1 MACD to turn blue again, it will probably be blue in another 2 days or so. I may be "picking bottoms" right now but I'm confident.

Third Screen Strategy - Dr. Alexander Elder

I personally don't recommend trading ANY of the EAs on complete auto pilot. The EAs give us a general market direction on the Daily chart and then provides us with decent entry points in order to follow the trend as best as possible.

Third Screen Strategy - Support

Just disable the EA and trade manually for the time being. You don't really have to be glued to your computer screen with this strategy even if trading multiple pairs. The biggest benefit of the EA is that it will open positions when we're away from ...

Third Screen Strategy - Support

I really don't know why the arrow is still pointing up... Maybe because there are open BUY positions. Not sure, maybe Khaled can let you know if he comes across your post.

Third Screen Strategy - Support