Recent content by yoohoo999

I''m going live on Monday with FPM. I will post regular updates of my trades and how i'm finding the transition from demo to live - hopefully it should help some of the other readers avoid some of the mistakes I'm bound to make. :cheesy:

Yes, it was quite interesting. It would seem that Jim's use of the system is also evolving.

sorry, I'm normally pretty relaxed. Have you ever seen the film "Falling Down"? I just had one of those moments. the whole "thread dying" thing just pushed me over the edge. the proverbial straw that broke the camel's back. it was just doing my head in, that's all :) ok, back to FPM...

why do you keep posting such completely pointless posts in a thread which has been contributed to so helpfully by countless posters over such a long period of time??? There's more information for free in here than you could reasonably get by paying for someone to coach you. of course there's...

fxtrader85, do you work on the basis that your s/l is simply there to cover disasters and that you keep it wide enough to allow the trend to move (ie 250 pips on a pair with an ADR of 100 pips), and then exit only on a generated signal? I've had a quick look back through most of the pairs, and...

It is my understanding that the whole concept of this method is to follow the mechanical signals. Therefore, the stop loss is simply there to protect against unforseen events - for example a large and uncharacteristic movement in price overnight or while you are away from your computer. I've...

sorry, I don't quite follow. could you give me an example? for example, at the last point of entry on GBP/USD (4H), the ATR was around 67. Are you saying that you place a stop 67 pips away from entry? sorry if i'm being a little slow with this!

thanks salvador are you following consistent exits (i.e. the first of the fast trend changing direction, resistance/support, or exit arrows)?

It's a difficult balance. One one hand, it is clearly beneficial to take any good profit - especially when the other charts are indicating that the trend is poised for a change in direction. However, FPM has a low percentage of profitable trades overall, therefore the trades that do win need...

thanks, I thought that might be the case. I've managed to find a broker with a GMT stream (not as easy as I thought it would be, lots of the "UK" brokers use non GMT streams). All is good now. :)

Sorry, another question: My broker time is GMT +1 and my local time is GMT. Is there any way that I can change the timing of the signals to coincide with local time as opposed to broker time?

thanks, noltisy I had indeed loaded the wrong template. I had amended the moving average indicator to work with a 5 digit broker and had saved it as FPM Intraday, when in fact it was the Daily template that I had amended. Doh!

Hi all, After stumbing upon this thread while looking for a good stochastic indicator, I became quite interested in FPM, many thanks to the contributors for making it such an informative read. I have never purchased a commerical method before since I am still refining my own skills, however...