I am definitely doing better.....

End of Day Moving Average Cross

Regarding your question.... my settings and MAs are a little different than Jiva's...

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There are choppy times but that is what risk management is for..... like any trend trading system there will be periods of numerous small losses... then when the trend kicks in and you start building your position size you start really skinning the ...

End of Day Moving Average Cross

The daily is the only way to go if you want to have a life. I have been looking at the 8 hour though, it looks like it has some potential...... couple little things ya gotta do with your account to trade it in the USA though... like have a sub ...

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This is not to show off because I don't have the ego to feed, nor do I give a tinkers damn what others think.... this is to show you the power of trading the MAs and letting them run with the trend.

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Here are my current open positions.... GBP/USD has been open nearly 3 weeks and has had additional positions added as it continued down.....

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Here is a very good article regarding stop losses ,,, http://www.myforexdot.org.uk/stop-losses.html

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These things are just part of why I detest mt4 and auto trading.... this system is a simple mechanical method and really does not require automation and the added headaches associated with it. the post of trade stats I made earlier are all manual, ...

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Done that before, don't care to go there again..... I have quit trying to train people in my systems.... they don't follow the rules nor do they listen or learn. I was just trying to get jiva34 to expand her horizons a bit regarding her system.

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You are really missing some opportunities by closing your trades so soon....... Here are the results of a similar system that trades EUR/USD only but stays in the trade till the MAs recross at which time the initial trade is closed and reversed..... ...

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You can still keep it.... I personally don't auto-trade..... If i did I would certainly use something other than mt4, say.... IBs API, or Oanda's API... sorry but I just don't trust mt4.

For all you EA and Strategy tester freaks using MT4

Basically I think MT is a piece of crap.........and anything would be an improvement.......lol

For all you EA and Strategy tester freaks using MT4

Not prediction..... probability......

Strategies that don't predict future price

Ever hear of TREND FOLLOWING No predictions there just reacting to price and risk management.

Strategies that don't predict future price

Will it EVER STOP........ No it will not, because human nature is always trying to reinvent the wheel... It is human nature to take something simple and complicate it till it is no longer recognizable. Trading is simple. But it takes consistency and ...

Infinite trading strategies. Where's the end?

Yeah I know I said I was done with this pissing match thread but I just had to add one last thing............ Not sure why I am bothering because you seem to be already set in your thinking or lack of, but here goes, maybe a light bulb will turn ...

Where is the EDGE in trading? The most important thing in trading!

What is it about this thread ...... seems like every body has to prove they can piss further than the next guy....... Have fun you guys.... I'm done wasting my time here.

Where is the EDGE in trading? The most important thing in trading!