ForexMorningTrade System

[killer345]

4 minutes for the signal, am I right?

 

[Nashstarr]

JW Bear,

Thanks for the clock.

 

[getbusy]

4 minutes for the signal, am I right?

yes, you are right, i just got in at 16062

 

[sharpe7852]

Long 1.6066 with TDFX

 

[musallam]

Long from 1.60660 @ FXDD

This is the first day with the new settings. Hope it work fine.....

 

[JWBear]

Long 1.6067 on FXDD

 

[nubchai]

Long 1.6066 FXDD

 

[suresh3101]

Long at 1.6063 with semi old settings..
40tp, 40sl, 24be..

 

[trader578]

told ya. You should have got in one hour early for this week only. Backtests prove it.

 

[Massagedoc]

told ya. You should have got in one hour early for this week only. Backtests prove it.

Post your backtest please, so we can all see

 

[trader578]

Post your backtest please, so we can all see

anyone can run a backtest - they don't account for time changes
ie. leave the ea alone.

 

[Massagedoc]

anyone can run a backtest - they don't account for time changes
ie. leave the ea alone.

Then why do you say your backtest proves you are right to trade an hour earlier for this week?

 

[musallam]

told ya. You should have got in one hour early for this week only. Backtests prove it.

Dear trader,

What do you mean by "for this week only" ? do you mean in the backtest that you did only first week when the time changed we have to enter eariler one hour? and then we move forward?

 

[Hawali]

anyone can run a backtest - they don't account for time changes
ie. leave the ea alone.

I've noticed that FMT is less successful on Monday mornings if it is really cold outside.

 

[trader578]

Then why do you say your backtest proves you are right to trade an hour earlier for this week?

because the backtest doesn't make any changes this week. Only London government made changes.

 

[Massagedoc]

because the backtest doesn't make any changes this week. Only London government made changes.

If you opened trade an hour earlier than the rest of us, then you opened 2 1/2 hours before London open. It may work just fine but is not in line with the strategy of FMT and just plain confusing. I changed nothing in the EA and it opened just when it should because broker time and London time both changed in concert.

 

[trader578]

If you opened trade an hour earlier than the rest of us, then you opened 2 1/2 hours before London open. It may work just fine but is not in line with the strategy of FMT and just plain confusing. I changed nothing in the EA and it opened just when it should because broker time and London time both changed in concert.

You must have a European broker. My posts are in reference to North American brokers only.

 

[island]

The trade is looking good...

 

[Massagedoc]

You must have a European broker. My posts are in reference to North American brokers only.

Then you should have adjusted your EA for this week so you would still open trade 1 1/2 prior to London Open. That's part of the strategy.

 

[trader578]

Then you should have adjusted your EA for this week so you would still open trade 1 1/2 prior to London Open. That's part of the strategy.

I believe metaquotes data is from North America, so I'm not changing the EA.