ForexMorningTrade System

[Flourish]

Any suggestions abt where we are heading today with this trade??
going nowhere!!

I hope to see my profit today.

 

[bluedancer]

Any suggestions abt where we are heading today with this trade??
going nowhere!!

haha just the big guys arguing at the G20 what to do! usd index is on it's way up though, so we should see a sell... imho

 

[Massagedoc]

At BE

 

[rjus]

taken profit +45 pips :clap:

 

[aheart]

TP Hit 32 pips, ending FMT this week with a big bang!, thanks Mark.

 

[Massagedoc]

taken profit +45 pips :clap:

Did you enter early or wait for a pullback to enter?

 

[bluedancer]

taken profit +45 pips :clap:

great entry. why did you get in late on the trade?

 

[getbusy]

taken profit +45 pips :clap:

congrats and way to go, rjus

 

[jacquespienaar]

Stopped out at BE

 

[Flourish]

stopped out @ BE for GU and EU.

 

[suresh3101]

One suggestion to everyone..

i just tried a new entry today..
placed two sell orders, with take profit 20pips in each and stoploss 40pips..
if i win, i will get 40pips and if i hit stoploss, i lose 80 pips..
Since this FMT system, loses very rarely.. may be twice maximum every month..
why i tried this system is, many trades go past 25 pips in profit and then gets closed in breakeven..
just wanted to share this with u people..
i won today!!

 

[getbusy]

+35

 

[Massagedoc]

Stopped out too, barely missed TP, but a miss is a miss, but also not a loss. Long run 35 tp still looks to be best so still sticking with system

 

[rjus]

Did you enter early or wait for a pullback to enter?

i waited for a pullback because it was at a 127% extension from the hourly chart.

 

[jacktpickle]

+35 for the week for me. Today and yesterday both 1 pip away from TP, before for retracing and hitting stop at BE. Fustrating, but thats they way it goes sometimes...

 

[Flourish]

One suggestion to everyone..

i just tried a new entry today..
placed two sell orders, with take profit 20pips in each and stoploss 40pips..
if i win, i will get 40pips and if i hit stoploss, i lose 80 pips..
Since this FMT system, loses very rarely.. may be twice maximum every month..
why i tried this system is, many trades go past 25 pips in profit and then gets closed in breakeven..
just wanted to share this with u people..
i won today!!

Suresh,

Thanks for sharing.

 

[Massagedoc]

i waited for a pullback because it was at a 127% extension from the hourly chart.

Nice

 

[acsyycap]

short 1.6046. out at BE

 

[fluegel]

BE too with FxPro.
For me, this week was not so great. Got BE trades when others got TP because of the difference in feed.

But I don't mind. This week I spent much time backtesting this system and could be confident that letting EA do its job is most pofitable in the long run. So I don't even see the chart until a position is closed. Just set and forget.

 

[PipZombie]

BE for me today. 70 pips for the week. Just missed profit by 1-2 pips like everyone. Using IBFX and Forex.com live accounts. 1.6049 entry on both platforms. Just did not cover the spread on both platforms by 1-2 pips.