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Bull101 replied Jun 22, 2008Unfortunately we hit a losing streak right when we started. However, the system will prove itself soon.
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Bull101 replied Jun 22, 2008Open Trades: USD/JPY Short at 107.89. Currently at +70. Break Even has been set. NZD/USD Long at .7535. Trade 1 closed at +100. Trade 2 at +94. AUD/USD Long at .9444. Trade 1 closed at +100. Trade 2 at +108. EUR/GBP Long at .7930. Currently at -22. ...
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Bull101 replied Jun 22, 2008Hello Everyone, I hope you all have a great weekend. There is one signal for today. CHF/JPY - Short at 103.55 (I ignore the Sunday Candles)
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Bull101 replied Jun 20, 2008It was quite a terrible week, however, the system will pull through. It is susceptible to losing streaks, and unfortunately it looks like we caught one right when we're starting out. See ya all on Sunday. Bull101
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Bull101 replied Jun 19, 2008This is correct, the bars can change colors during the day. However I have found that using this system, and waiting for bars to close creates late entries, and overall less profit, as you would have seen if you had read the thread. Thanks for your ...
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Bull101 replied Jun 19, 2008Hello, The reason I do this is because I see all trades out until they run their full course. Regardless of what I see, if the first trade has not closed yet, I allow all trades to continue running their course. If that doesn't clear it up, please ...
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Bull101 replied Jun 19, 2008Hello gbpip, Since we still have a long on this pair, I have ignored this signal. I will allow our first long trade to run its course before I begin looking for another signal to enter this pair. Thanks, Bull101
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Bull101 replied Jun 19, 2008Hello, That is a valid short for your broker. I would be careful though, as I said, I haven't tested the system using any other opening time zone than 0:00gmt. Bull101
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Bull101 replied Jun 19, 2008It would be 8pm EST. qlock is a great free program for keeping track of multiple time zones easily. Its at url Hope that helps ya out, Bull101
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Bull101 replied Jun 19, 2008Hey Cash, I haven't tested this system on any broker that opens at that time, so I can't confirm or deny any available trades. However, about 50 minutes from now i'll see what we got
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Bull101 replied Jun 19, 2008Hello David, For open trades: It depends on what point the trade is in. If the break even has been set, I will usually just let it run. If there is the original -100 stop loss, depending on how far above 0 it is, I will set a break even stop loss ...
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Bull101 replied Jun 19, 2008That is how I have always traded it, so I have to say yes. However, I have never tested any other way, so I honestly can't really say how important it really is. Bull101
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Bull101 replied Jun 19, 2008The only time you would close both trades before a TP or SL is if the AO changes to the opposite color of entry. The second trade will always either be closed by a stop loss, or the AO changing to a reversal color. Bull101
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Bull101 replied Jun 19, 2008The current situation does not happen that often. However, if I had been able to trade yesterday, I would have taken each trade.
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Bull101 replied Jun 19, 2008I do not re-enter trades, so this would have been a loss with no re-entry. Bull101
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