ForexMorningTrade System

[uberpips]

I see volume at 600 per bar. Is that lots? Is that mostly you, podberry???

 

[felixmsr]

Short today on SLM (6:!5 & 6:45am), and IG Index (6:30am)

Same here, hoping it will become a good day like yesterday

 

[Remraf]

At BE on my SLM & ThinkForex demo accounts and on my live IG account - looking good!

 

[GumRai]

I see volume at 600 per bar. Is that lots? Is that mostly you, podberry???

I believe that because Forex does not have a central exchange that there really is no such thing as volume. I believe that the volume is the amount of tick movements in the period

 

[podberry]

I see volume at 600 per bar. Is that lots? Is that mostly you, podberry???

Not me I'm afraid, I'm small fry. Must be hammy66 or wiseambitions moving the markets again

 

[podberry]

Hope it doesn't stop us out with the retrace

 

[Xbourse]

Hope it doesn't stop us out with the retrace

It's smelling some BE = / ...

 

[michaelsa]

Hope it doesn't stop us out with the retrace

Retrace took me out at BE (1.62314)

GL all

M

Edit- And now it continues on South

 

[Cobber]

Same thing always happens the market always moves quickly at the open 16 min ago. Often a sharp retracement. Same thing happened yesterday.

Dissappointing as got so close. I thought about taking some off around 1.62 but didn't.

 

[podberry]

I'm out B/E + 3 - The temptation to get back in is overwhelming, but I will stick to the rules, got a feeling it will continue south.

 

[Xbourse]

podberry, i think exactly like you

 

[chrisheath]

I'm considering buying this system.....what I want to know is do I have to trade on a specific platform to use this system? Also, is the system a black box type of thing or do you see the signal and how it is calculated? From the vids it seems as if it just gives you instructions with no reason.

I would prefer to use my current platform and get the signal on a demo....then apply it on my platform.

Any help would be good.
Thanks

Hi, just to confirm, you can create the signals manually on any platform, and trade on any platform, based on the signals you see. (MT4 makes seeing the signals a bit easier.) Its all explained in detail. Good trading!

Regards, Chris

 

[michaelsa]

I'm out B/E + 3 - The temptation to get back in is overwhelming, but I will stick to the rules, get a feeling it will continue south.

I agree its very tempting to jump in again- it does look like its heading South- probably a retest of 1.62000.

See you tomorrow.

M

 

[podberry]

Must be the market digesting the UK's growth forecast from the budget yesterday - If that's anything to go by then the direction would be south

 

[Cobber]

I agree its very tempting to jump in again- it does look like its heading South- probably a retest of 1.62000.

See you tomorrow.

M

Looks like 2 days in a row. GRRRRR. Just got past BE by a few pips, missed on TP by a few pips....damn

 

[podberry]

Dropped like a rock - to all those that managed to stay in congrats - may the pips be with you

 

[Cobber]

Must be the market digesting the UK's growth forecast from the budget yesterday - I that's anything to go by then the direction would be south

Nothing to do with it, the market likes to take out stops at the open, and sucker traders into a tarde in the wrong direction before reversing. Happens time and time again.

 

[podberry]

Times like these were you wish you were using wiseambitions strategy of not adjusting the stop to B/E.

 

[deserteagle]

I agree its very tempting to jump in again- it does look like its heading South- probably a retest of 1.62000.

See you tomorrow.

M

You were right guys, system is retesting/breaking 1.6200 level, maybe it's possible to see a pullback which give you an opportunity to go short, but take care your emotions, follow a tested trading plan before jumping in.

Today +22, +23

 

[wiseambitions]

Results of the last 100 trades, which for me have occured since exactly 6 months ago:

FMT settings, 35tp 40sl with break even + 525. Without B/E it would have been 650
Old FMT settings 40/40 +800 WITH B/E +640
10/40 +650