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- jthomas71 replied Apr 24, 2009
simple system — This may be way off topic, but has anyone considered just having an ea place a single trade at 100ma with 60 pip retrace and a 20 pip stoploss? If this has been brought up in the thread before, please direct me to it.
- jthomas71 replied Apr 24, 2009
hedge issues? — I believe the 100x40 is a hedge system. Can you just operate two separates accounts with one buying and one selling, once hedging is banned? Has anyone tried this yet?
- jthomas71 replied Mar 29, 2009
not the three stooges — The reason we're in this mess is due to a weak Securities and Exchange Commission that let the bankers blow the U.S. economy. Don't blame a president who's been in office for one month. And don't presume that everyone ...
- jthomas71 replied Mar 26, 2009
A retracement on 885 pips? — How many levels are you trading to survive a 885 pip move? I've lost too much money and I don't have the stomach for this anymore.
- jthomas71 replied Mar 19, 2009
Which news day? — Looking at the weekly calendar there are news announcements every day. How do we know when and when not to trade. And as I asked before, what if you already have multiple pairs open?
- jthomas71 replied Mar 19, 2009
What if your trade is open? — I understand about not trading a pair during an interest rate announcement, but what if you have already a trade open. My ea has most of my pair's trades open almost constantly.
- jthomas71 replied Mar 18, 2009
Congratulations, Bob, almost 100 pages — I'm sorry to interrupt but I want to be the first to congratulate Bob on this thread as it reaches 100 pages. This has been a very rewarding experience for me to learn from so many bright enthusiastic ...
- jthomas71 replied Mar 18, 2009
Okay, so what do you propose? — I'm liking 2.5 multiplier right now, because i can make a profit on 3 levels while reducing drawdown. I think your system is brilliant if you could have 5-10 levels covering over a 1,000 pip range. At what point ...
- jthomas71 replied Mar 18, 2009
What's your stoploss? — I'm curious, were you using the 500 stoploss? And was 60 your retrace?
- jthomas71 replied Mar 16, 2009
i'm no programmer — These are all great ideas, if the ea will execute them. This is my temporary solution. Change multiplier to 2.5 and tp to 100 and extend range to 200 between levels. With a dime you've got 10.00 tp level one, 15.00 tp level ...
- jthomas71 replied Mar 14, 2009
A question for you forex veterans — 137 called last week a worst case scenario. How would you all rate it on a scale of 1 to 4? 1:woo hoo, I'm rich 2:not bad, I'm going out for a good dinner 3: oh well, better luck next time 4: staring at the ...
- jthomas71 replied Mar 14, 2009
lost 20% — The 100x200 2 level 400 stoploss lost $200 in trades with $100 dd in open trades on a $1500 account. I stopped out on a lot of one level trades by turning off the ea and trying to get out before the weekend (i adjusted their sl's to ...
- jthomas71 replied Mar 13, 2009
Okay, why three? — I'm curious because your style is different than mine. I like to trade a lot of pairs, because I love that trades are always opening and closing. It's just a faster pace, I guess. I'm thinking of opening the ea next week, ...
- jthomas71 replied Mar 13, 2009
Why those pairs? — I'm curious what led you to choose those pairs. I'm surprised that six pairs could create so much action in a month.
- jthomas71 replied Mar 13, 2009
No, no, no, you're doing it all wrong. You're supposed to wring your hands and lose money like the rest of us.
- jthomas71 replied Mar 13, 2009
Please provide more information — When do you turn off the ea? Do you "let it ride" over the weekend? I'm assuming you use all 23 pairs. Is that right? I also would like to know how many sl's you've had (500 pip drawdown).
- jthomas71 replied Mar 13, 2009
so so — The 2 level 100x200 is struggling this week, and here's why. It's always closing trades but there's always drawdown on the board, and the ratio of profit to open trades in drawdown negates your profit. For example, I've had 39 tp's ...
- jthomas71 replied Mar 13, 2009
Depends on your ea — The way I'm trading 100x200, I figure the first level whether stopped or tp'd will break even the account in the long run. The majority of trades close at the first level and the sl is only 2 times the size of the tp. The ...
- jthomas71 replied Mar 12, 2009
Sounds great — Nobody answered my question today: How do you protect active trades without executing new ones? maybe if you set all trading sessions to false in the ea. I ended up rewriting all the sls and tps for each pair on the board so ...
- jthomas71 replied Mar 12, 2009
What? — What the difference between a Friday trade closing on a Monday and a Tuesday trade closing on a Friday? All a gap is is a period of time your broker is closed. And if my tp is 100 and my sl is 200, the gap's going one way or the other. ...