Recent content by cyberwiz

Hi, not actually i spoke with a representative of VP but did not like their way of presenting and advertising their product. Dimi

Thanks for posting your trades here. I am evaluating the possibility to subscribe to VantagePoint so I will follow this thread with great interest. I would also appreciate if you could leave any comments regarding the software, are you satisfied with it, etc. Best regards, Dimi

waverider, I have probably missed this earlier in the thread. Do you place a trade 10 pips higher/lower than the current high/low? Let me know. Thanks, Dimi

Hi Paul, Unfortunately the market is very choppy today. I took a loss with my real account too. I am not comfortable trading without a stoploss because in the past I saw once my account almost vanishing in a less than a second after the trade went against me. Perhaps try a very wide s/l or...

Paul, Which charts do you use? I suggest placing a 35 pip s/l until you become familiar with ATR. Also check the following link for more info - http://www.stockcharts.com/education/IndicatorAnalysis/indic_ATR.html As I already mentioned I was using the 7,8 and 9 hourly bars as originally...

Hi Paul, My long GBP was triggered a little bit earlier @ 1.8426. I trusted too much that the GBP will continue climbing against the USD :confused: In anyway I didn't close the trade for the sake of the test but otherwise I had plenty of time to see the reversal and could have exited with 25...

Not at all :cheesy: I look at the ATR(14) value for the 3 hourly bars (7-9am). I normally take the average value of the three but normally the values are pretty close. You could as well place 30-35 pips fixed s/l as JT recommended in his other thread. Regards, Dimi

linuxtroll, You mean you enter on a SMA crossover? Or you just look for a confirmation for the direction of the trades? Regards, Dimi

Hi Paul, Which pair did you trade? What was your entry order and s/l? Please be aware that I am only testing the system shared by JT. I advise you not to trade your real account until you have tried the system on a demo and you have acquired sufficient confidence that it works for you. I did a...

The ATR indicator is used to measure the price volatility. High ATR means high level of volatility and vice versa for low ATR. ATR = The Average True Range is a moving average (generally 14-days) of the True Ranges. The True Ranges is the greatest of the following: -current high less the...

Gbpusd I backtested manually (with GBP) the strategy from JT for the period Jul 1 - Aug 13. The backtest without s/l (the original strategy as suggested) produced 20 wins/22 losses with a 124 pips gain. Next I used the ATR (7-10 am) value as s/l which improved the pip gain for the same...