What I'm saying is if price moves up another 320-420 pips from here and I have 4-8 open BUY positions then I stand to make anywhere from 1,200-3,000 pips. 4 Positions X 320 Pip Movement = 1,200+ Pips

Third Screen Strategy - Dr. Alexander Elder

Price Action @ Support / Resistance (PASR) Take a look at the Daily chart for AUD/USD. We've got a spinning top at major support from a monthly and weekly perspective. If AUD/USD moves up another 20-30 pips before today's close then we have a ...

Third Screen Strategy - Dr. Alexander Elder

Yep! The Price Action at this area of Support (PASR) is telling me that we are in for a reversal. Great observations MKFX!

Third Screen Strategy - Dr. Alexander Elder

1st Attachment - Recently Closed Positions 2nd Attachment - Current Open Positions 3rd Attachment - Current Balance & Equity Current Balance is up about $200 and Equity is up a little over $900 in the past couple of days. Not bad...

Third Screen Strategy - Dr. Alexander Elder

I'm glad it's working out for you. Keep up the good work.

Third Screen Strategy - Dr. Alexander Elder

I NEVER USE TRAILING STOP no matter what. Only occasionally do I close trades early... Just wait for SL or TP to get hit, then reassess situation with that pair. Simple as that. I do not recommend using trailing stop.

Third Screen Strategy - Dr. Alexander Elder

Tok, I wanted to point out what has happened only 3 hours later... I WAS down about 100 pips in the red, however, after remaining patient I am now in the green by a little more than 500 pips only 3 hours later! I'm now up roughly 10% floating equity ...

Third Screen Strategy - Dr. Alexander Elder

LOL No problem!

Third Screen Strategy - Dr. Alexander Elder

No this would never happen... Daily trends are daily trends, we are just riding the waves as best as possible. Remember, this strategy will have its fair share of losses but in the long run, we will remain profitable especially if proper money ...

Third Screen Strategy - Dr. Alexander Elder

Just disable the Expert Advisors for all pairs with the MT4 tab. Then load all of your time frames for all pairs. Then enable the Expert Advisors. This should work... If you want to be safe though maybe you should reload all new charts without EA, ...

Third Screen Strategy - Dr. Alexander Elder

You probably loaded the EA onto the MT4 BEFORE you updated your charts giving you a bunch of false signals!!!! Make sure all of your charts on all time frames are updated before Enabling Expert Advisors on your MT4. Especially when trading a live ...

Third Screen Strategy - Dr. Alexander Elder

Great work WardStradlat! ​ I'm glad you are also making money with this strategy, it feels good doesn't it?

Third Screen Strategy - Dr. Alexander Elder

Go the the "5k Live Test" so that you can see recommended settings of a $5k account. I don't have statistics for a $10k account to share... I recommend you follow this $5k live account. 4 pairs with 4 max positions trading 10k lot sizes should be ok ...

Third Screen Strategy - Dr. Alexander Elder

Great work Dimdel! Just stick to the rules and you will make money!

Third Screen Strategy - Dr. Alexander Elder

I have 4 live accounts now with a total of over $250k. This demo account is just for visual purposes for this thread. I've been making over $10k a month since August 2012. Last month I cleared $30k... Trust me, I'm not "wasting" my time doing ...

Third Screen Strategy - Dr. Alexander Elder

If you trade only JPY Cross Pairs then you are trading only correlated pairs and this can be very risky. Spread your risk out between a few different pairs... How about you stick with: 1 JPY Cross Pair (AUD/JPY is HIGHLY recommended, or CAD/JPY as ...

Third Screen Strategy - Dr. Alexander Elder

Tok, how many pairs are you currently trading with the Third Screen Strategy? Which ones?

Third Screen Strategy - Dr. Alexander Elder

No! We give the market the time it needs to either hit our stop loss or hit our take profit target... Remember Tok, this is a Swing Trading strategy and positions are typically held anywhere from a few days to a few weeks. You need patience to trade ...

Third Screen Strategy - Dr. Alexander Elder

1st Attachment - Recently Closed Positions 2nd Attachment - Current Open Positions 3rd Attachment - Current Balance & Equity As you can see I've had a CAD/JPY trade hit it's Stop Loss, one GBP/AUD buy position has hit its Take Profit target, and I ...

Third Screen Strategy - Dr. Alexander Elder

LOL

D1 - 20 EMA & 50 EMA