ForexMorningTrade System

FMT 4.1 went Long
Made +36 pips

Total: +95 pips since 11-07-2010
Stats: 4 BE, 2 No Trades, 4 Gainers, 1 Loser
 
+40 FMT then +25 on the re-trace switching to 5m TF and using fibo targeting a 50% re-trace.
 
Tenapenny said:
+40 FMT then +25 on the re-trace switching to 5m TF and using fibo targeting a 50% re-trace.
Click to expand...

good work, I did not take the retrace even through there was a great bounce setup off one of my target levels!

I took +42 today, good day too since it's my birthday!! great way to start!
 
Mine's done nothing today! I see it initialising at 17:08 yesterday but there's nothing at all in the Experts log for this morning...!?!?
 
Massagedoc said:
icon_biggrin.gif
TP @ 40 pips
Click to expand...


Same here :):) +40
 
+36 pips :)

I also got +25 pips using one of Fluegel's strategies.

So +61 for the day :)

Happy birthday to anyone with a birthday today !
 
Pierre2 said:
your extended work at 6 and 6.30 ; what other difference with normal FMT?
Click to expand...

The rules are a little less tight as FMT therefore it takes more trades over a long period of time. FMT is open for just a few minutes a day, correct? If the indicators are not exactly lined up then no trade for the day. Well, what if they were lined up 15 minutes before or 45 minutes after FMT time? This is what the Extended version does, it looks for indicators to line up for a whole 2.5 hrs. If they do during this open period of trading, it will make the trade. Also, no boundaries for the indicators, so if indicator A is showing a buy and indicator B is showing a buy then it will take a buy. That's about all I can say in an open forum. ;)

By the way, I am working on opening our own forum for the Extended version so we can talk more openly about it.
I'll keep you all informed when it is ready. :)
 
tkbieber said:
The rules are a little less tight as FMT therefore it takes more trades over a long period of time. FMT is open for just a few minutes a day, correct? If the indicators are not exactly lined up then no trade for the day. Well, what if they were lined up 15 minutes before or 45 minutes after FMT time? This is what the Extended version does, it looks for indicators to line up for a whole 2.5 hrs. If they do during this open period of trading, it will make the trade. Also, no boundaries for the indicators, so if indicator A is showing a buy and indicator B is showing a buy then it will take a buy. That's about all I can say in an open forum. ;)

By the way, I am working on opening our own forum for the Extended version so we can talk more openly about it.
I'll keep you all informed when it is ready. :)
Click to expand...

I have bought FMT in september and I will follow your forum.
You trade manually or you have modified the EA?

I trade FMT at 6 and 6.30 GMt. My back test show better at 6 GMT
 
Pierre2 said:
I have bought FMT in september and I will follow your forum.
You trade manually or you have modified the EA?

I trade FMT at 6 and 6.30 GMt. My back test show better at 6 GMT
Click to expand...

The EA is a mod so it is all automatic. Set it and go to bed. :)
 
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