ForexMorningTrade System

[Massagedoc]

being on the east coast wasnt i to enter the trade at 2:15- 2:30 ???? or do i have that wrong???

Doesn't matter what your time is, compare your broker's time to London time.

 

[ttmax]

my broker time is 2:45

 

[musallam]

Nobody in Long GBPJPY??

Actually I am short GBPJPY but that trade was from FMT, i trade retracement for GBPJPY..... Also i was going to short GBPUSD but i wanted to give the steering to TMF to manage cable pair.

 

[island]

It does Not look like a good start this week

 

[JustinSydney]

I pulled out at -20pips. Didn't have a good feeling about it. I'm not so sure Mondays are such a good trading day.

 

[KiwiClint]

It does Not look like a good start this week

I got out at at 1.6037

 

[KiwiClint]

I got out at at 1.6037

Sorry 1.6070

 

[Massagedoc]

Hopefully last completed candle indicates a good reversal

 

[musallam]

-40 pips.

 

[Pierre2]

-40 pips

 

[nubchai]

Stopped out - 40 pips

 

[nald50]

The Bulls are off to the Slaughter House.

Geriatric Ron:clap:

 

[nubchai]

It would be interesting to see the success rate of FMT on Mondays in the last year.

 

[ihelfman]

Another stormy Monday. Out at 40.3 pips.

 

[Jashfx]

Monday Trades for September and October

5 wins, 2 losses and 1 no trade.

1st Monday of November is a loss. From this think the conclusion is to just trade it everyday. Dont worry about it being a Monday, Friday etc. Its all about trading this consistently everyday (even non-farm payroll day -- was a winner last time on NF). Only days to not trade would be US or UK public holidays but you will prob get a no trade on these days anyway.

 

[Jon4FX]

Well it sure looks like they know where our stops are on this EA.

 

[nubchai]

Monday Trades for September and October

5 wins, 2 losses and 1 no trade.

1st Monday of November is a loss. From this think the conclusion is to just trade it everyday. Dont worry about it being a Monday, Friday etc. Its all about trading this consistently everyday (even non-farm payroll day -- was a winner last time on NF). Only days to not trade would be US or UK public holidays but you will prob get a no trade on these days anyway.

Jash

Thanks for checking that.

Sandy

 

[killer345]

My first trade with FMT and -40 pips
What a bad luck.

 

[musallam]

My first trade with FMT and -40 pips
What a bad luck.

Don't worry, i hope that good days are coming to cover our losses. The most important thing here is to follows strick Money Management. Myself, i will never risk more than 2% per trade.

 

[musallam]

No trade for EURUSD.