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- ericjschroed replied Oct 5, 2011
Since none of the viewers made any replies I guess none of them had the answer. I still don't know why it's trying to modify an order when the stoploss is clearly not zero, but I added a variable "tries = 10" and changed the line to ...
Script won't stop running
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Script won't stop running
Started Oct 2, 2011|Commercial Content|1 replyI created a script to place my order and modify its stoploss and takeprofit, but sometimes get ...
- ericjschroed replied Sep 26, 2011
Control your emotions — And if you or anyone uses the words: frightened, scared, afraid, worried or anything like that when thinking about a trade, you should not take that trade and maybe not take any trades until you have mastered your ...
Price Action Trading with Indicators! The Freebie System
- ericjschroed replied Sep 25, 2011
Updated Freebie Pivots — Since Dredd suggests switching to Fib pivots if the previous day's range is large, I modified the Pivots for Freebie to automatically switch to Fib pivots if the previous day's range is greater than ADR by a percent, ...
Price Action Trading with Indicators! The Freebie System
- ericjschroed replied Sep 23, 2011
Lot of setups — Looks like a lot of pairs have set up today already but triggered earlier than I expected. If I find this happens alot (haven't finished reading all the earlier posts), I may need to set some alerts, or just check back more ...
Trend Trading All Pairs
- ericjschroed replied Sep 22, 2011
Talk about over-reacting! — So anytime you have a problem you close your account and move to a new broker? These spikes were due to a bad feed from a liquidity provider so it showed up on many charts. Any reputable broker has already fixed the ...
Trade What You See - Almost Naked Trading
- ericjschroed replied Sep 22, 2011
sort of — On the one hand, I didn't actually take the trade because I'm adjusting to a new sleep schedule and I'm watching 2 systems at once, both very similar, and my alerts aren't always working. On the other hand, if I had taken the H4 ...
Trend Trading All Pairs
- ericjschroed replied Sep 21, 2011
I got the same craziness on my charts too.
Price Action Trading with Indicators! The Freebie System
- ericjschroed replied Sep 20, 2011
good point. And the H1 may have moved too far, might have to look to H4 for setup.
Trend Trading All Pairs
- ericjschroed replied Sep 20, 2011
I'm watching the H1 even though it's a new trend because the H4 and D1 are too far away from the MAs. Still learning, though.
Trend Trading All Pairs
- ericjschroed replied Sep 20, 2011
I don't have that pair but I'm watching audcad, audnzd, audusd, eurcad, gbpjpy, and gbpusd for setups.
Trend Trading All Pairs
- ericjschroed replied Sep 17, 2011
New here too. — I, too, just found this thread, and even though it's only a year old, it has more posts than the 2 year old thread I'm reading now, so it's going to take me a while to get back here. Hopefully there will still be someone here ...
Trade What You See - Almost Naked Trading
- ericjschroed replied Sep 17, 2011
Great! — That's cool. I am learning this system and had my sell line in the same place. If this keeps up, I'm going to have the one thing I didn't have in any other system I tried... Confidence! (in the trade).
Trend Trading All Pairs
- ericjschroed replied Sep 13, 2011
Hello — Hi anyone who is still here! I just found this thread, looks there's at least a few people keeping it alive. I have been studying a similar system and having trouble clearly identifying the higher trend so this looks good. I still have ...
Trend Trading All Pairs
- ericjschroed replied Sep 11, 2011
testing — Probability perhaps, but not margin since it requires no more margin than first required. However, as since they are using 50, 25, and 25 % for the exits, if you only hit the first target every time, you need 2 wins for every loss, ...
PTT Method (Profitable Trend Trading) in Forex
- ericjschroed replied Sep 8, 2011
Backtests — So far I show audusd: 16% profit, 59% losers. eurusd: 10% profit, 61% losers. audjpy: 7% loss, 84% losers. gbpusd: 23% loss, 91% losers. In last year. All using 30 pip SL.
PTT Method (Profitable Trend Trading) in Forex
- ericjschroed replied Sep 7, 2011
Impatient — If you can't stand 70% losers, then this is not the system for you. And jumping in a trade because you're impatient will win a few and lose a lot.
PTT Method (Profitable Trend Trading) in Forex
- ericjschroed replied Sep 6, 2011
Looks good — I just finished running same backtest as before but using limit orders to reenter if the first order was stopped out at initial SL, but the current price was above the initial entry. It only seemed that 1 time the limit order was ...
PTT Method (Profitable Trend Trading) in Forex
- ericjschroed replied Sep 5, 2011
Make it your own. — Did you not read the first page? Kelvin stated, "You may wish to change or tweak or add or remove portions to fit your own liking." And since Kelvin seems to have disappeared, I guess that's what we'll have to do. There are ...
PTT Method (Profitable Trend Trading) in Forex
- ericjschroed replied Sep 4, 2011
Kelvin on vacation? — Hopefully Kelvin will come back to answer some of those questions. I too am wondering about: 1- if your new order hits the SL and price then retraces beyond your initial entry, do you place a limit order or just wait for ...
PTT Method (Profitable Trend Trading) in Forex