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- ES Trader replied Oct 10, 2008
Fourx, Apology accepted. Incidentally last trade I did made 450 pips. kris
Trading system using relative strength
- ES Trader replied Oct 10, 2008
I am getting pissed off — I have been reading some of the recent posts. Now I understand why 101 got pissed off and shut down the thread. I am almost debating the same. For eg Fourx accuses me of some ulterior motive for not responding to his ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
benq, 2 protect account for regular account and miniaccount protect EA for mini accounts.Thanks to 101 for giving this valuable tool. kris
Trading system using relative strength
- ES Trader replied Oct 10, 2008
can you believe this, !! Took just 5 minutes to turn around !!
Trading system using relative strength
- ES Trader replied Oct 10, 2008
this is nanother trade I just entered on Ibfx. Hope it works because market is ready to wind down.
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Hi 101, You can "steal my thunder" anytime. I am a very simple person, just intetested in helping everyone that I come across. I feel good when I know I can make some difference in some ones life. After all the money can buy happiness only when it ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Bogul, You are right. I am sometimes very busy with my work( physician) and hence miss trades. I put the trade when I get about 10 minutes. The greatest thing with 4 hr bar is the trend remains for longer time compared to 1 hr time frame. Hence it ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Fourx, One more thing I would do is Visually look at the numbers on the data window and confirm the currency is strong/weak. Dont just depend on + and _. Sometimes they seem to be repainting. Thanks Kris
Trading system using relative strength
- ES Trader replied Oct 10, 2008
fourx, yes the data can be different sometimes. I am using alpari and Ibfx.I dont know which one you have. I would like to suggest people to use Profit Lock Ea,s which was introduced by 101 in his forum.THese trades in my system eventhough makes lot ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
HI 101 — HI 101. Thanks for checking out my system. I would like to try out your EA myself before you put it here. Can you please email me the EA. I want to keep this system as simple as possible. Infact it takes me less than 5 min to enter ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
just 5 minut ago put in another trade. Is already in positive territory.will see where it goes
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Raygun, Look at brokers like alpari or fxdd. But I would not like to trade exotics like rubles,african rand etc.The spreads are too wide. I think if I am right spread for rand was 200-250 pips.
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Kenshin, YOU GOT IT RIGHT. That very much summarises the entire system. If there is any more question from any newbies, every one should refer them to your posting. Thanks Kris
Trading system using relative strength
- ES Trader replied Oct 10, 2008
woh! now it is up $700. Cant believe. May be like someone said here , all this world financial turmoil and resulting increased volatility is responsible. May be this is what Fedreral reserve should be doing, trading our system to shore up the banks. ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Thanks for all the input. But I see lot of mis information. I saw some one saying if Euro is strong and Usd is weak to sell eurusd. That is not true. It should be buy eurusd. I also see too many indicators causing too much confusion. Guys, it is so ...
Trading system using relative strength
- ES Trader replied Oct 10, 2008
Good morning, I just put in another trade 5 minutes ago.It is already positive. Let me hold for a while and see what happens.The last trade I put in last night made almost 2000 pips overnight.
Trading system using relative strength
- ES Trader replied Oct 9, 2008
Benq, yes, sometimes. But since we are trading 4 hr bar ,signals are pretty good and lasts almost 8-12 hrs.
Trading system using relative strength
- ES Trader replied Oct 9, 2008
made $540 in 40 mintes. not bad. done for tonight. time to hit the sack.Total take since 5 pm tonight about $1000.00. Good night
Trading system using relative strength
- ES Trader replied Oct 9, 2008
happy to hear many are making money. main reason why this works is due to going with the "flow" and in the direction of the "primary"currency. For eg in eurusd, eur being the primary currency. once you find out which is stronger /weaker it makes ...
Trading system using relative strength
- ES Trader replied Oct 9, 2008
mitchup, you got me! You are right, mistake. but is making money though. i am going to leave it and see what happens. this is te magic of multiple currency trading at the same time.
Trading system using relative strength