Hi, Another quick clarification. As stated, the recommended take profit is calculated by Lot Size x 200. I'm going to test this system with one of my sub accounts which is running under MBTrading's Metatrader4 platform. With it's lot system, 1.0 ...

scooby-doo BOJ JPY pairs trading robot

Thank you Steve for the massive contribution of hours in programming this robot for the benefit of the community. And massive thanks to Scooby for sharing his vast knowledge so that many others may learn.

scooby-doo BOJ JPY pairs trading robot

I agree with Scooby here. Small gradual gains with a proven system with a high success rate is much better than a system with high volatility of gains and losses, searching for that winning home run. A robot can never substitute manual trading in ...

scooby-doo BOJ JPY pairs trading robot

Which indicators exactly? There's that KG indicator thing, and there's the JPY Strength Index indicator. And then I will just attach the Basket EA to the GBP/JPY 15 minute chart right, if I want the 15 minute / 1 hour settings? Clarification ...

scooby-doo BOJ JPY pairs trading robot

Fair enough. Thanks for the quick response, Scooby. It looks like a very sound system. I will be demo testing it out from Monday's Tokyo session onwards. Will be very interesting. I've read through every page so far in this thread, and the ...

scooby-doo BOJ JPY pairs trading robot

Hey guys, Just a quick question. What's your exit strategy? It's all and well when the basket's taking profit, but what happens if it doesn't go as planned? At what point do you say it's a losing trade and cut your losses?

scooby-doo BOJ JPY pairs trading robot

Hi, I'm currently live testing the THV EA with my Live MBT Metatrader account with micro-lots (MBT MT4 Demo isn't exactly reliable). At the moment, trades aren't getting triggered at all. And under the Alerts section at the bottom Terminal, I'm ...

THV MTF EA beta testing

I'm in short at the moment. Just woke up, and had my pending short order triggered at 156.00, which is my 61.8% Fib on the H4 timeframe. Target price is still open. I've been reading ForexLion's posts quite a lot, so the fact that he's in long makes ...

SeriousTrading

My daily and weekly charts are still showing bullish at the moment. H4 is currently trading below the 5SMA, but still above the Gann, so I'm expecting this down move during the Asian session to be just a retracement from yesterday's move up. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Still not time yet to jump on the north bandwagon in my opinion. I will wait for the current H4 candle to end in about 3 hours and evaluate from there. If it's a high probability trade with a good risk:reward ratio, then will look to the H1 for a ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well, price has bounced off the 4H Gann, as well as the H4 and Daily Fib resistance. We will see if the bulls have what it takes to try and test it again, and maybe break clean from it. The candle formation of the H1 candle closing in the next 30-40 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm not jumping on the north bandwagon until I see how price action reacts at 156.50, if it gets that far. That's a critical point on my charts, with Fib resistance from my Daily and H4 charts, as well as the H4 Gann. If it breaks clean and retests, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm not too sure that's a good idea, especially since GJ is really direction less, like you said. It's like a coin toss at the moment. But everyone has their own analysis. Your charts have probably signaled a buy trade. I'm still sidelined. It's ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Still sidelined. If price closes above 5SMA within the next hour, I will be looking closely at the price reaction when it bounces off the 4H Gann. That will decide where we will be the heading in the medium-short term. If it breaks clean of the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

My first post on ForexFactory. Well, I'm definitely on the sidelines for now. The bears aren't looking to be taking the risk to short this right now, most are probably expecting another bullish run and hoping to short this at a better price. The ...

Auslanco - GBP/JPY and GBP/USD (newstrade)