I'm also having this problem. Another problem I'm having is if you change your time to a lower timeframe the EA cancels your order and SAR's from there. Does anyone know how to set this up for a weekly system? Original notes show placing exit point ...

Part Time Wealth Building Trading System - Daily Scalping

Closing vs Not Closing a Trade — I have been giving this some serious thought whether to close or not to close. If my math adds up not closing has a significant benefit. Average spread for GBPUSD is 4 pips and GBPJPY is 11 pips for a total of ...

Part Time Wealth Building Trading System - Weekly Scalping

On doji days I have found that a trailing SAR is ideal. Last night GU went up 30 pips and then dropped 100 plus pips. The trailing SAR gave me an extra 30 pips that I wouldn't have had other wise. As for the exact amount for the trailing SAR I have ...

Part Time Wealth Building Trading System - Daily Scalping

Correct the Stop Loss point is also the point of reverse in direction so there is no loss in momentum. glad to help.

Part Time Wealth Building Trading System - Weekly Scalping

In the case of your 50 point SAR you would have a Stop Loss of 50 points less than your start point. This does not include profit. Example yesterdays close: GBPJPY: Sell position taken @ 237.22 you would have a SL of 237.72 and a (Reverse) Buy Stop ...

Part Time Wealth Building Trading System - Weekly Scalping

The basic system is the same with the following tweek that kimble made due to a suggestion. He is now trading the weekly system with a 40 Stop and Reverse instead of the 50 point straddle that was originally mentioned. Also the latest tweek was ...

Part Time Wealth Building Trading System - Weekly Scalping

yes

Part Time Wealth Building Trading System - Weekly Scalping

Correct average daily pips is the daily scalping for 1 week. Also I was using only 1 lot per pair as in the original system. yezbick

Part Time Wealth Building Trading System - Weekly Scalping

Backtesting Results — When using the 40 pip SAR on the GBPUSD and GBPJPY I have come up with the following results for the last 26 weeks. GBPUSD Daily Total Pips = 3,061 GBPUSD Weekly Total Pips = 2,343 GBPJPY Daily Total Pips = 4,641 GBPJPY ...

Part Time Wealth Building Trading System - Weekly Scalping

This weeks testing Results for GBPUSD / GBPJPY — This has been a very rough week this week for trading the this system. My overall results in pips are as follows: Current Weeks Date Sunday, January 28, 2007 GBPUSD W1 -104 GBPUSD D1 -23 GBPJPY ...

Part Time Wealth Building Trading System - Weekly Scalping

These include the spread and are net gains/losses

Part Time Wealth Building Trading System - Weekly Scalping

Pip update — After my last post showing all in the red. I would like to give a midday update. Most of the pairs have gone into a full reversal and although I'm still down on most pairs a lot of the lost pips have been recovered. Here is where ...

Part Time Wealth Building Trading System - Weekly Scalping

I agree an expert would be extremely helpful at this time. Unfortunately, I don't have the time to put one together at this time either.

Part Time Wealth Building Trading System - Weekly Scalping

Rough week so far. I have been stopped on 8 pairs I have been trading. The results are as follows in pips: EURUSD -30 USDJPY -120 GBPUSD -90 USDCHF -30 USDCAN -8 EURJPY -60 AUDUSD +25 GBPJPY -90 The markets just have not yet wanted to be trending. ...

Part Time Wealth Building Trading System - Weekly Scalping

Most Volatile Pairs during Asian Market — After some research I have come across the following information on the internet to better understand which pairs are the most volatile and in essence which pairs would be best to trade under the ...

Part Time Wealth Building Trading System - Weekly Scalping

GMT is 5 hours ahead of EST. So 12:00 am or 00:00 GMT Monday would be 7:00 PM or 19:00 EST on Sunday. I'm in EST as well. Hope this helps. yezbick

Part Time Wealth Building Trading System - Weekly Scalping

I agree. I had pratically no drawdown this week. The positive equity well outweighed the drawdown. As for correlation the EURJPY and GBPJPY worked together this week to the advantage of those that traded it. 400 plus pips from these 2 alone.

Part Time Wealth Building Trading System - Weekly Scalping

I have not tweaked any of the basic system. I used a spread of 50 with 30 point SL and adjusted as the system shows. Each pair that I listed was with the basic system and not adjusted to its normal speed of movement.

Part Time Wealth Building Trading System - Weekly Scalping

You are right that it does become more complicated, but each pair traded remains the same as the simple system. The reason I decided to trade multiple pairs is because I figured that I could not pick which pair would move or trend and which pair ...

Part Time Wealth Building Trading System - Weekly Scalping

Yes, It was choppy on the EURUSD AND GBPUSD. The EURUSD was probably the worst this week with both the buy and sell stops being stopped out also I was stopped out 2 times on the buy for the EURUSD. I honestly didn't expect it from these 2 pairs but ...

Part Time Wealth Building Trading System - Weekly Scalping