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megaleads replied Mar 22, 2007Earlier This Week: FED Interest Rate Statement. image A= 2 lots B= 20 Pips C= 5 pips D= 5 pips Started at 1.3305 went up to 1.3343 Stop Loss Kicks in at 1.3338 (Gain of 33 pips) D entered @ 1.3338 Exited loosing position at 1.3332 (Loss of 27 ...
Winners And Losers Trading System
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megaleads replied Mar 22, 2007All positions are known up front A = Lot size = 1.0 lots B = Range in pips = 30 pips C = STOP LOSS ONCE B HAS BEEN ACHIEVED = 5 pips D = Stop loss applied to the hedge side after gain side closes = 5 pips Net Result Pair Starts out at 1.3000 - what ...
Winners And Losers Trading System
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megaleads replied Mar 22, 2007If you do not hedge to start out with you do not have the equity banked. remember your looking for a way take advantage of the breakouts and the volatility - bank those profits - set them aside and then use the markets retracement to reduce the ...
Winners And Losers Trading System
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megaleads replied Mar 22, 2007The idea is to take advantage of the retracement without having the ability to predict the direction of the market in the next hour. Therefore C - the trailing stop loss and D the stop loss on the loosing side should both be fairly small numbers and ...
Winners And Losers Trading System
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megaleads replied Mar 22, 2007The stop loss is placed on the remaining trade to reduce the amount that it is negative. By placing a stop loss on the loosing trade as the price reverses you already have the momentum of the price action going for you reducing the loss in your ...
Winners And Losers Trading System
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megaleads replied Mar 21, 2007The logic behind this EA is simple... Forex moves... and eventually it will also turn around - especially in volatile markets which everyone else is usually less likely to want to trade in because of the volatility. This places a perfectly hedged ...
Winners And Losers Trading System
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Winners And Losers Trading System
Started Mar 21, 2007|Trading Systems|138 replies
I have a friend that was making $8000 in forex per day starting out with only 10K in demo ...
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megaleads replied Feb 16, 2007For whatever it is worth - before I discovered Forex Factory i had purchased an EA that gave you a demo only version to try. I downloaded the demo which only allowed back testing. I did the my back testing to my amazement the thing worked as ...
Big Mt4 Bug
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megaleads replied Feb 16, 2007Well - i guess that i would have to be numbered among the suckers.... I have paid for EAs in the past (before discovering FF) Even so - it looks to me by the way that things are shaping up that not everyone shares the open source mindset (take the ...
Forex Scams: How to Spot Them a Mile Away
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megaleads replied Feb 15, 2007I signed up for the 15 day trial under a guy named Jonathan Sun who provides outstanding support. He has been extremely accommodating. I was shocked that he answered all of my questions... The system makes money 3 different ways - but primely by ...
Forex Scams: How to Spot Them a Mile Away
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megaleads replied Feb 15, 2007thanks for the feedback - it is good to know that someone has been able to do OK with a purchased EA - I have seen so many of them myself that do not work unless you sit there and babysit them all day long. What type of performance have you been ...
Forex Scams: How to Spot Them a Mile Away
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megaleads replied Feb 15, 2007400 items for sale — Ebay currently has about 400 items for sale: url = Prices range from over $1200 USD to next to nothing for ebooks and "techniques" Can this categorically be considered scam ware? Does anyone have any experience to share?
Forex Scams: How to Spot Them a Mile Away
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megaleads replied Feb 15, 2007Forex Scams On Ebay — Has anyone had any positive experience purchasing forex systems and EAs? Education is one thing... but if you have a successful system - why would you be selling it? Maybe I am playing the skeptic... Any recent experience ...
Forex Scams: How to Spot Them a Mile Away
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megaleads replied Feb 14, 2007Developing EAs while not news trading
What is your trading style (when not trading data)
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megaleads replied Feb 14, 2007Delayed News Reaction — Several Reasons can cause a delay in the news reactivity: - The actual content of the news release can have conflicting data or unexpected data within the press release. - The actual release of the news item can be ...
Delayed reaction of news events????