Recent content by ComeBackJeffrey

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    ForexMorningTrade System

    1) I do have dual monitors, but I only have one live account at the moment, so I can watch the charts with one eye and surf the web with the other. Keeps me from getting bored. 2 & 3) My favorite timeframe has always been the daily, using a 8.3.3 stochastic and a 100 EMA. I can trade damn near...
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    ForexMorningTrade System

    Yeah, and if you start with $500 and compound your 5% per week, do you realize how much you'd have in three years? I know the answer 'cause I ran the numbers. Just over $1,000,000. Purely hypothetical, of course. FMT won't trade 5 times a week. So your million could take twice as long. Drag...
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    ForexMorningTrade System

    Don't be surprised if you see an outbreak of liberty in the US in the coming few years, economic and otherwise. A lot of us are getting mighty tired of being pushed around by you-know-who...:mad:
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    ForexMorningTrade System

    Yes, maybe I should have made that clearer. In the 18 month backtest, I believe there were something like 220 trades total (I'll have to run it again this evening when the markets are back up to be sure), so there were quite a number of no trade days during that period. That works out to about...
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    ForexMorningTrade System

    Absolutely correct. Backtesting has it's limitations. But a 5 week sample can hardly be considered conclusive as well, wouldn't you agree? The value of backtesting, to me, is comparative, and in that regard FMT stacks up very well with other ea's I've seen. Doing a manual assessment going...
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    ForexMorningTrade System

    Well, some veteran traders would tell you that anything over 2% is too risky. I'm not sure I would agree with that. I'm using 5%. If you look at my previous post, it looks like FMT could be winning at something over 60%. That being the case, the most important element of any strategy is money...
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    ForexMorningTrade System

    I was very interested in your post, hammy, because I noticed the same thing. Or at least I thought I did. I set my TP/SL at 30 for both. Two good trades. Then I decided to do some backtesting on the MT4. The results (using 18 months of data) surprised even me. Starting with a 3000.00 deposit...
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