Blackstick
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Short trade for me this morning.
Long SL -38......looks like everyone's a loser today!
FMT: £856 (-14.4%)
Not quite! I got out at +13 pips.
Well, I think in Otcober will start using Hammy settings if he doesnt mind.
Hammy, the settings that you are using are SL=45, TP=30 and move to BE at 18, right?
This is both for 06:15 GMT+1 and 13:45 GMT+1 in GU ?
Well, I think in Otcober will start using Hammy settings if he doesnt mind.
Hammy, the settings that you are using are SL=45, TP=30 and move to BE at 18, right?
This is both for 06:15 GMT+1 and 13:45 GMT+1 in GU ?
No trade.
Just beware that hammy keeps changing his settings so often that your head will be spinning.
:clap:
Good luck
Be fair to Hammy, we are told that markets change and EAs ought to change to match. This is what Hammy does, and he always publishes any changes that he makes.
I am going to try his US opening times trade live next week, Alpari UK time 14:45.
Let's not be too harsh on Mark Fric, he has given us this brilliant system and EA and made it very affordable for everyone. He posts all his results in the journal, good or bad, and I'm sure he is a very busy man so I don't see why he should have to come here on the forum unless it is to announce an update or change in settings for FMT. You do not have to trade with the default settings, they are only a guide. If I see an advantage to change then I change my settings to what works NOW, but I spend alot of time studying the charts both GU and EU to see what is working with the current market. You may not agree and that's fine, but at the moment my 'new' settings are working better than defaults, and if I see a better setting I will adapt to it again, this is how I can keep FMT a winning EA for me. I post my settings and results for anyone who is interested and I notice some are using them to profit and that's great !! Forex is ever moving, ever changing, and IMO you need to adapt to current conditions and change.
cheers ! ...and a great weekend to all !!
Very Interesting!