ForexMorningTrade System

Forget GMT, just set the ea on your mt4 platform so it starts at 08.30 New York time.

TP +30 in 42 minutes today. (y)


8:30 NY, DST = 12:30 GMT.

FMT must be set by your brokers GMT offset, you must know your brokers market watch offset to GMT.

for example: if your broker is GMT +3 offset (market watch) then you must set FMT to 15:30 (12:30 + 3) because 8:30 NY is 12:30 GMT.

cheers !
 
I haven't posted here for ages, but still trading midday FMT! 12:30GMT (13:30BST) as confirmed by our Mentor 'hammy66'. Yes, that is a sincere compliment, not sarcasm!
 
Two trades on gu today:
1:
12:30london
SHORT Trade opened at price : 1.59598
sl hit :(

2:
12:45london
SHORT Trade opened at price : 1.59545
sl hit :(

Have your trades been opened on the same time and levels ?

Thanks :)
 
today, both my 8:30 NY and 8:45 NY sell trades hit SL =-35 pips , looked good for a minute, but...

better luck tomorrow ! :)
 
Two trades on gu today:
1:
12:30london
SHORT Trade opened at price : 1.59598
sl hit :(

2:
12:45london
SHORT Trade opened at price : 1.59545
sl hit :(

Have your trades been opened on the same time and levels ?

Thanks :)

actually it is not 12:30 London time..:confused:

8:30 NY in summer is now 13:30 London summer time and still 12:30 GMT.

please check your broker time to set FMT correctly, looks like you have it right by your opening prices.

cheers !..:)
 
Today , both my 8:30 NY and 8:45 NY, sell trades hit BE +5 pips

too bad because it was definately a good "sell" trade, but mine both retraced to BE+5.

cheers ! :)
 
Today , both my 8:30 NY and 8:45 NY, sell trades hit BE +5 pips

too bad because it was definately a good "sell" trade, but mine both retraced to BE+5.

cheers ! :)

You must have got in at a slightly higher price, because mine was a fraction of a pip from hitting the 18 BE +5 on the 2.30 (uk time) candle :)
 
Last edited:
had two trades on gu today again:
1:
12:30 GMT+0100 ( my zone time )
SHORT Trade opened at price : 1.59114
tp hit :)

2:
12:45 GMT+0100 ( my zone time )
ForexMorningTrade EA Signal 2012.03.28
SHORT Trade opened at price : 1.59082
tp hit :)

bloody confusing time zones and time changes.

Thanks a lot Hammy :)
 
Last edited:
had two trades on gu today again:
1:
12:30 GMT+0100 ( my zone time )
SHORT Trade opened at price : 1.59114
tp hit :)

2:
12:45 GMT+0100 ( my zone time )
ForexMorningTrade EA Signal 2012.03.28
SHORT Trade opened at price : 1.59082
tp hit :)

bloody confusing time zones and time changes.

Thanks a lot Hammy :)

you are welcome, but it doesn't look right ?

your entries look like the market at 12:30, 12:45, London time ???

it should be 13:30 London time now, which is 12:30 GMT. and 8:30 NY ..?

It worked out well for you today but I still think you are trading an hour early ?

cheers .:)
 
you are welcome, but it doesn't look right ?

your entries look like the market at 12:30, 12:45, London time ???

it should be 13:30 London time now, which is 12:30 GMT. and 8:30 NY ..?

It worked out well for you today but I still think you are trading an hour early ?

cheers .:)

Mr. Hammy,
Would you pl. tell me which settings (especially for BE and BE ADD pips) do you use for trading?
Thanks.
 
Today on FMT:

8:30 NY, sell trade, hit SL -35 pips
8:45 NY, sell trade, hit BE +5 pips

cheers !
 
Had 2 trades on gu today :
1:
13:30gmt+1
ForexMorningTrade EA Signal 2012.03.29
SHORT Trade opened at price : 1.58778
sl hit :(

2:
13:45gmt+1
ForexMorningTrade EA Signal 2012.03.29
SHORT Trade opened at price : 1.58879
sl hit :(

Moved ea time one h forward, so the time is now correct, isn't it ?
 
Had 2 trades on gu today :
1:
13:30gmt+1
ForexMorningTrade EA Signal 2012.03.29
SHORT Trade opened at price : 1.58778
sl hit :(

2:
13:45gmt+1
ForexMorningTrade EA Signal 2012.03.29
SHORT Trade opened at price : 1.58879
sl hit :(

Moved ea time one h forward, so the time is now correct, isn't it ?

if you tell me your broker and GMT offset, I'll tell you what to set FMT at.
this isn't rocket science...:smart::rolleyes:
 
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