ForexMorningTrade System

FMT for me today;

NO TRADE on all, 6:30 start, GU 8:45 NY open and EU 9:00 NY open

..but a good week : +105 pips London open, +40 pips on NY open

weekly total +145 pips..

cheers !
Hi Hammy,

fairly new to most of this but I am intrigued by your findings. Would you be kind enough to explain to me;
1) What is "GU" and "EU" NY open mean exactly.
2) And do you trade using FMT signals?

Thanking you in anticipation.
 
Having a good start to the week is always good for moral!!!

Those who traded should be closed in profit.
 
FMT for me today:

6:30 London, sell trade, hit TP +35 pips (45-35-18-0)
8:45 NY. GU, sell trade, hit TP +25 pips (35-25-18-0)
9:00 NY. EU, No Trade.

total today +60 pips..

nice start for the week ..
 
Hi Hammy,

fairly new to most of this but I am intrigued by your findings. Would you be kind enough to explain to me;
1) What is "GU" and "EU" NY open mean exactly.
2) And do you trade using FMT signals?

Thanking you in anticipation.

yes, I use the FMT EA signals.

GU = GbpUsd pair, EU = EurUsd pair
NY = NewYork open market is 8:00 EDT, but I use start times 8:45 and 9:00 EDT because this is when NY breakout is most consistant in past 3 months of live testing.

cheers !
 
Thanks for clearing that up, Hammy. I was just about to ask the same thing but saw that the other person asked the same question. Cheers!
 
Stats for 06-30-2011



Live Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
FXSolutions..., Stats since 11-08-2010:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-redguerrilla-real/116521
IBFX.........., Stats since 01-04-2011:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-eagle41-real/120723



Demo Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
PFG Best......, Long/Loss....., -46.0, Stats since 02-01-2011: Total= +135.0
FXCM.........., Long/Loss....., -45.0, Stats since 02-01-2011: Total= +105.8
Alpari(US)...., Long/Loss....., -45.1, Stats since 02-01-2011: Total= +109.9
FXDD.........., Long/Loss....., -45.2, Stats since 02-01-2011: Total= +115.7
MB Trading...., Long/Loss....., -45.8, Stats since 06-21-2011: Total= -141.1



Comments:


June 2011 was my worse month for my live and demo accounts! June stats . . .
 

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Stats for 07-11-2011



Live Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
FXSolutions..., Stats since 11-08-2010:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-redguerrilla-real/116521
IBFX.........., Stats since 01-04-2011:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-eagle41-real/120723



Demo Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
PFG Best......, Long/Loss....., -46.0, Stats since 02-01-2011: Total= +281.3
FXCM.........., Lost Demo
Alpari(US)...., Long/Loss....., -45.1, Stats since 02-01-2011: Total= +225.7
FXDD.........., Lost Demo
MB Trading...., Long/Loss....., -45.8, Stats since 06-21-2011: Total= +6.0



Comments:

Went on vacation for a week and left my robots working.
Two of my demos expired, and I cound not get the data or renew them.
So, I will have to restart the FXCM and FXDD demos.
 
yes, I use the FMT EA signals.

GU = GbpUsd pair, EU = EurUsd pair
NY = NewYork open market is 8:00 EDT, but I use start times 8:45 and 9:00 EDT because this is when NY breakout is most consistant in past 3 months of live testing.

cheers !

Many thanks for that, very useful information!
 
Stats for 07-12-2011



Live Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
FXSolutions..., Stats since 11-08-2010:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-redguerrilla-real/116521
IBFX.........., Stats since 01-04-2011:
http://www.myfxbook.com/members/RedGuerrilla/forex-morning-trade-eagle41-real/120723



Demo Accounts:

FMT 4.3, 6:15 UK Time, EA standard settings: 45 SL, 25 BE, +5 BE, 35 TP
PFG Best......, Short/Break Even....., +5.0, Stats since 02-01-2011: Total= +286.3
Alpari(US)...., Short/Break Even....., +5.0, Stats since 02-01-2011: Total= +230.7
MB Trading...., Short/Break Even....., +4.8, Stats since 06-21-2011: Total= +10.8
FXCM.........., Short/Break Even....., +5.0, Stats since 07-12-2011: Total= +5.0
FXDD.........., Short/Break Even....., +5.0, Stats since 07-12-2011: Total= +5.0
 
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