Would it be a good idea to suggest that everyone quotes GMT times with data? Brokers all vary with FXDD and IBFX being +2GMT Oanda GMT etc ...

Part Time Wealth Building Trading System - Daily Scalping

Looking at the weekly GBP/JPY chart it appears those who are trading it should have about 300 pips for just 2 trades so far this week...?

Part Time Wealth Building Trading System - Weekly Scalping

+50 on the JPY via FXDD, -80 on GBP and now short...I am using a +40 b/e stop and reverse..

Part Time Wealth Building Trading System - Daily Scalping

Locked in 150 pips from the last long (trading 2 lots) position and moving stops up in 50 pip increments - makes it +40 for the week -not strictly to the rules but nice to have the pips.. 290 over 2 weeks total..max daily closed drawdown 30 pips.

Part Time Wealth Building Trading System - Weekly Scalping

Yes, the same TP1@50 SL to b/e; TP2 around 100 or greater..SL 40 GBP 50 JPY.

Part Time Wealth Building Trading System - Daily Scalping

Very whippy day today with 3 JPY stops so far - one decent win can quickly rectify things though... about b/e for the week again..

Part Time Wealth Building Trading System - Daily Scalping

New long @ 9542 on GBP interest rate news - now lets have a good run

Part Time Wealth Building Trading System - Weekly Scalping

So far this week -stopped out of the short with 2 lots = -80 and -110 for the week, + 140 overall for 2 weeks..may review the 2 lot method as it does leave you very exposed with the whips..still very early days though with this..

Part Time Wealth Building Trading System - Weekly Scalping

One thing I have noted is that different platforms will show different daily trends. For example FXDD has shown GBP/JPY to be in daily uptrends for the last 2 days whereas Oanda shows 2 clear downtrend days -simply because FXDD days begin at ...

Part Time Wealth Building Trading System - Daily Scalping

EA's have to be used with MT3/4 complient brokers such as IBFX or FXDD. Yes they are just metaquotes based software code (software code written specifically for MT4 trading platforms) which places trades as instructed by the programmer - so that ...

Part Time Wealth Building Trading System - Daily Scalping

..same with me for FXDD/GBPJPY -one stop out and one win today -net +50, 150 for the week..

Part Time Wealth Building Trading System - Daily Scalping

Works fine for me on the GBPJPY FXDD platform..out of interest I did try it with the GBPUSD as well and even with different magic numbers it threw up some odd trades so I closed the GBP down again and all is well again..

Part Time Wealth Building Trading System - Daily Scalping

Agreed - still maybe the short will produce something after the US news..

Part Time Wealth Building Trading System - Weekly Scalping

Likewise have a 100TP and 50SL today after FXDD entered long first trade using Rhythm .. +150 for the week so far on just the GBP/JPY

Part Time Wealth Building Trading System - Daily Scalping

[/quote] I am trading using 2 lots or open positions - the first postion went to TP50 on the the short with the second closed at SL b/e. Therefore I am currently not in any open postions; but will re-enter short if it gets there again at 9442 rather ...

Part Time Wealth Building Trading System - Weekly Scalping

Likewise-30GB weekly, +100JY daily.

Part Time Wealth Building Trading System - Weekly Scalping

Apologies - correction to above post: 50TP taken for first lot short @ 9442, second lot set to b/e SL @ 9492 -now also taken, so new short entry becomes 9442 again. Next long entry remains at 9542 -i.e. identical to those who are trading 1 lot.

Part Time Wealth Building Trading System - Weekly Scalping

OK many thanks TK.

Part Time Wealth Building Trading System - Daily Scalping

GBP/JPY is on fire today

Part Time Wealth Building Trading System - Daily Scalping

FXDD also produced 100 pip GBP/JPY win using the Rythm EA on default (+100TP and 50SL) -not a bad start!!

Part Time Wealth Building Trading System - Daily Scalping