- Search Metals Mine
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Micro-MiniMe replied Dec 10, 2007You were right. I misread your post. Perhaps you should concider deleting all pending orders when a new bar begins. Something like if(Volume[0]>1)run script. Here's a script to delete all pending orders:
Pending Order Expiration...
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Micro-MiniMe replied Dec 10, 2007Firstly, expiration times must be at least 10 minutes from current time(check the MT4 UserGuide-search for 'expiration'). Here's a code snipit to set expiration time to 10 min: int et = TimeCurrent()+(PERIOD_M5*60)*2; ...
Pending Order Expiration...
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Micro-MiniMe replied Dec 7, 2007Yes, I agree Craig. I wonder why this thread was put in the Beginner Q&A instead of the discusion forum or the system forum.


The Holy Grail - Found
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Micro-MiniMe replied Dec 7, 2007"The primary requirements for successful live forex trading are courage and patience. The market is made up of traders with varying strength. This last statement is the key." Courage to buy after a +200 pip drop in price against the longer term ...
The Holy Grail - Found
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Micro-MiniMe replied Nov 30, 2007Hope is a four letter word. Are you married to your position? If so, why? What does your position bring to the relationship. Confusion, fear or perhaps some form of weird excitement (S&M)? Don't you feel you can find another position just as worthy ...
Did I miss the train?
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Micro-MiniMe replied Nov 30, 2007After reading the original question "hedge a losing position?" I must change my reply. If a position is losing you should already have a stop or a hedge strategy in place and should stick to your original plan. Don't change your mind and replace a ...
Hedge a losing position?
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Micro-MiniMe replied Nov 30, 2007I hedge when the market has me baffled. In other words, if I feel strongly that the price will go one way, but for some reason unknown to me, it moves the other direction, the hedge will keep my loss at a minimum until I get more information about ...
Hedge a losing position?
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Micro-MiniMe replied Nov 28, 2007Yes, but vague. Excellent point about the excellent point too, but again, vague. My point restated is that beginners should wait for confirmation of a trend change before jumping into a position. Another point that was understated is that trading ...
clarifications
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Micro-MiniMe replied Nov 27, 2007There's no guarantee that price will fall very far after touching the upper trend line in an upward trend, especially in a steep sloping trend channel. In some cases price will continue to creep up the trend line or just move sideways until it hits ...
clarifications
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Micro-MiniMe replied Nov 18, 2007I tried to use the spell checker and noticed that your name isn't in the dictionary. There are some interesting suggested corrections though.

Adding to losing positions
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Micro-MiniMe replied Nov 18, 2007Insane is my middle name — How and why I add to loosing positions is rather complex and not recomended for the faint of heart. I only do it when I have good reason to believe the market is in a correction phase or over bought/sold. Unless ...
Adding to losing positions
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Micro-MiniMe replied Nov 18, 2007Pending Order Expiration Time — Hi pgtips, The wording of your question had me a bit confused so I will answer in this way. In MT4 order expiration time is set in seconds. Total seconds in a day = 24hrs*60min*60sec = 86400 seconds/day. ...
set pending expiration time
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Micro-MiniMe replied Nov 13, 2007I got the Heebee Geebeeze — Closed out both positions. Conflicting signals made me feel that 276 pips was probably enough to hope for right now. Market still appears confused and goofy. I need more time to refine my method. My old heart can't ...
My Boring Long Term, Live Account Trades
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Micro-MiniMe replied Nov 13, 2007It's not even that complex. My indicators: 100SMA Line chart Previous Weeks Fibos drawn from weekly high and low two SMA...period=2; 1)apply to high and 1)apply to lowMy method is very visual. I look for trades with the weekly trend and/or 100SMA. I ...
My Boring Long Term, Live Account Trades
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Micro-MiniMe replied Nov 13, 2007Good point fx-amature, A loss is only a loss after you close the position for a loss. Until then it's just an open position. There is no 'one system fits all' that I know of, but some methods work better in certain markets than others. The tricky ...
Do you hedge?
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Micro-MiniMe replied Nov 13, 2007Higher Highs and Higher Lows confirmed for EUR/JPY on 4RH chart Profit potential looks best of the five pairs, so Buy @ 160.11 (1st confirmed pullback) Stop moved up to 160.25 Buy @ 160.63 (2nd confirmed pullback) Stop@ 160.30 Profit is aprox 100 ...
My Boring Long Term, Live Account Trades
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Micro-MiniMe replied Nov 13, 2007I like the way you think! KISS Is there separation of mind and body? Knowing is just another aspect of psychology and philosophy. Do we as physical beings REALLY know anything? It's all perception, our individual acceptance of what constitutes ...
Psychology is nothing