ForexMorningTrade System

[3PO]

Hit SL of 45 pips at 1.64989. The low of that candle was 1.64987. (Alpari-UK)

 

[itsam]

Signal: LONG

Result: Hit SL -45 pips :|

 

[biggreycat]

when will this rough patch be over,i wonder...

 

[kgk]

Stop loss -45 pips hit today (using Marc Fric's standard settings).
Yesterday, no trade.
Interestingly, on Friday, I hit a stop loss as well - However, Marc claims a profit for the same!!! It would be interesting to see his results today.

 

[3PO]

Stop loss -45 pips hit today (using Marc Fric's standard settings).
Yesterday, no trade.
Interestingly, on Friday, I hit a stop loss as well - However, Marc claims a profit for the same!!! It would be interesting to see his results today.

Yes, last Friday was very interesting. I was in that trade more than 10 hours and finally hit TP. (Alpari-UK)

 

[Jashfx]

Stop loss -45 pips hit today (using Marc Fric's standard settings).
Yesterday, no trade.
Interestingly, on Friday, I hit a stop loss as well - However, Marc claims a profit for the same!!! It would be interesting to see his results today.

Most of us hit TP on Friday using 45 SL -- I did see you posted that you had been taken out but most of us were saved by about a pip.

 

[kgk]

Most of us hit TP on Friday using 45 SL -- I did see you posted that you had been taken out but most of us were saved by about a pip.

Thanks, Jash, 3PO - it's just frustrating - that's all. Especially during this rough patch. Dunno if I should blame it on the broker (ibfx) let's see how things pan out.

 

[lucgow]

I was also +35 TP on Friday and -45 SL today on Alpari UK.

 

[ffchaci]

If you considered it looked very oversold, why would you reduce your risk on a long position. That makes no sense at all ???? If anything it should give you more confidence with a long.

Ha, typo there. Meant OB.

 

[tkbieber]

I'm using Turbo and ADR filter caused a no trade today - too volatile during the Asian session. Mind you, it caused 2 no trades last week which I believe turned out to be winners for FMT!

The ADR filter on Turbo saves me more times then not so I love it. Saved me again last night.

 

[callaway_scott]

Same results, got the Long signal and got smoked for 31 PIPs

Tomorrow is Wed, who isn't going to trade?

 

[Slurpeeforex]

Fast FMT: -40

FMT: -40

EFMT: -38

Total: Fast FMT -80, FMT -72, EFMT -31

Probably should have used a long candle filter but I have decided no to... I should have.

 

[itsam]

FMT (45 SL, 35 TP, BE+5@25) For Me

May 2011

7 NO-TRADES
3 BE+5 Trades = +15 pips
7 +VE Trades = +245 pips
5 -VE Trades = -225 pips

i.e., A TOTAL OF +35 PIPS FOR THE MONTH OF MAY 2011 :|

 

[leoaloha]

I am out for WED

 

[Remraf]

Maybe he means overbought, looking at the chart.

I meant overbought as well! - it was 6am when I looked at the chart though! I closed manually at BE as I had to go to work and wasn't happy with how it was at 8.30. Having just come home, it looked a good call.

 

[3PO]

I skip Wed, my next trade will be on Thu.

 

[Slurpeeforex]

I have a NO TRADE today

 

[Remraf]

NO TRADE at 6.15, Looks like the long candle filter kicked in

 

[jonnymac]

Morning all it lookes like a no trade today see you later have a good day

 

[shoot2scoot]

I quietly breath a sigh of relief, 06.15 No Trade Alpari (UK). I really didn't want to trade today anyway!