ForexMorningTrade System

[OWL75]

I am trading 10/40 in August, with 3 London starts and 3 New York starts. All on G/U

 

[jabu99]

No trade on Oanda today

 

[andybissell]

NT today at 0615 or 0630 - could probably have taken a long at 0645 but decided against it.

FMT Account: £941 (-5.9%)

Week so far: W W NT

 

[jabu99]

Long Oanda. Good luck all.

 

[sapos]

6:15 Long signal (AVA fx).

 

[jimmc]

ADR Filter called no trade using TMT

 

[joke]

Sl -38, FXDD Live..EA

 

[andybissell]

Long SL -38

FMT Account: £903 (-9.7%)

Week so far: W W NT L

 

[sapos]

+15 this morning.

 

[sapos]

6:15 No trade (AVA)

 

[andybissell]

NT today

FMT Account: £903 (-9.7%)

Weekly results: W W NT L NT (+38)

Better than last week!

 

[RedGuerrilla]

Stats up to 08-05-2011



Live Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
FXSolutions..., Stats since 11-08-2010:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-redguerrilla-real/116521
IBFX.........., Stats since 01-04-2011:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-eagle41-real/120723



Demo Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
PFG Best......, Stats since 02-01-2011
FXCM.........., Stats since 07-12-2011
Alpari(US)...., Stats since 02-01-2011
FXDD.........., Stats since 07-12-2011
MB Trading...., Stats since 06-21-2011



Comments:

I will continue to trade all days for the demo accounts but not for the live accounts.

No live trading for live accounts on:
Aug 29 - GBP Bank Holiday

 

[sapos]

6:15 @ 6:30 Long signal (AVA).

 

[wiseambitions]

06:15 and 06:30 long trades opened on Thinkforex 10tp taken

06:15 no trade at Alpari, but 06:30 long trade opened. 10tp taken

Signals were very borderline this morning!

 

[andybissell]

Long TP +38

FMT Account: £941 (-5.9%)

 

[joke]

06:15 and 06:30 long trades opened on Thinkforex 10tp taken

06:15 no trade at Alpari, but 06:30 long trade opened. 10tp taken

Signals were very borderline this morning!

Good morning to all..yes Wise they were borderline, I had a no trade on FXDD..Live EA.. Congrats to others that did make a profit

 

[andybissell]

Inflation data is out tomorrow at 0930....I think I'm going to close my FMT trade around 0900 if I'm in profit, (but nothing to lose if the trade's going bad). Maybe place some orders on the news as the data could well be unexpected...

 

[sapos]

Short Signal (6:15 & 6:30).

 

[Too Sexy]

Who said this was easy?

I think you would get more satisfaction from developing your own trading strategy(ies) rather than searching for the Holy Grail and lining some elses pockets who probably makes more money selling dreams than trading.

Just my humble opinion

Has anyone ever question those ‘Long Candle Filter” LCF trades? You know that one that get triggered but when a lose happens, the LCF is used as an excuse.


Well below is a LIVE account running FMT from a very real account from Brit.

When you get time compared those so called “LCF” that never lose against Marks report when not only Brit account lose but if you take the time about 80 % of us also reported losses here.

Months when we lose, and Mark reported small gains to keep FMT from having a losing month.

http://www.myfxbook.com/members/birt/forex-morning-trade/97619

 

[andybissell]

Has anyone ever question those ‘Long Candle Filter” LCF trades? You know that one that get triggered but when a lose happens, the LCF is used as an excuse.


Well below is a LIVE account running FMT from a very real account from Brit.

When you get time compared those so called “LCF” that never lose against Marks report when not only Brit account lose but if you take the time about 80 % of us also reported losses here.

Months when we lose, and Mark reported small gains to keep FMT from having a losing month.

http://www.myfxbook.com/members/birt/forex-morning-trade/97619

I'm also very sceptical of MF's 'profit'. If you read my past posts I actually believe he doesn't trade the system at all, just makes money from the fact that the system has previously worked by selling it.
Personally I am still down using FMT (see below) although recently it has been performing better than in May for example - I don't read MF's journal but I imagine he has either a very small loss or very small gain for May, whereas I had a 150+ pip loss.

Nobody but MF will really know but good luck to him if he isn't trading the system, there's far less risk selling a cost-free product than trading FMT!