ForexMorningTrade System

[Remraf]

LONG on both demo accounts SLM and ThinkForex - live on my IG account

 

[RedGuerrilla]

Stats for 03-30-2011



Live Accounts:

FMT 4.3, EA standard settings: 40 SL, 20 BE, 35 TP
6:30 UK Time, FXSolutions..., Long/Profit......., +35.0, Stats since 11-08-2010: Total= +139.0
6:30 UK Time, IBFX.........., Long/Profit......., +34.9, Stats since 01-04-2011: Total= +342.0
6:30 UK Time, PFG Best......, Long/Profit......., +36.2, Stats since 03-01-2011: Total= +155.0



Demo Accounts:

FMT 4.3, EA standard settings: 40 SL, 20 BE, 35 TP
6:30 UK Time, PFG Best......, Server Down......., 0.0, Stats since 02-01-2011: Total= +429.2
6:30 UK Time, FXCM.........., Long/Profit......., +35.3, Stats since 02-01-2011: Total= +461.8
6:30 UK Time, Alpari(US)...., Long/Profit......., +35.0, Stats since 02-01-2011: Total= +457.9
6:30 UK Time, FXDD.........., Long/Profit......., +35.1, Stats since 02-01-2011: Total= +346.5



Notes:

All pip totals include slippage
FXSolutions is the only dealing desk broker



Comments:

Yesterday PFG Best demo server was down at 6:00 UK time and came back up at 7:30 UK time.
This time it was also down at 6:00 UK time, but came up 45 minutes later. No trades were made.

 

[Jashfx]

Long - GoMarkets. We got some serious resistance to overcome as weve entered the trade at a spike.

Market has taken out Asian session high, yesterdays high, the day before high and the day before high. I would say there is not serious resistance. Should it find the high of 4 dyas ago then we will be at BE anyway. Ofcourse the market can turn at any stage, as we all know, but the trend sure looks up to me. Lets hope it has enough gas for another 35-45 pips Norh.

 

[uberpips]

Podberry, Alpari's spread is 1.6 and Oanda's is 3. That explains the different outcomes!

 

[davinci79]

Long but I don't like this trade.

 

[podberry]

Podberry, Alpari's spread is 1.6 and Oanda's is 3. That explains the different outcomes!

Hi uberpips, I don't recall posting a difference in pips today, but thanks anyway

 

[PONKO]

UPPPPPSSS!! don´t like it. I feel like betting today.

 

[uberpips]

Hi uberpips, I don't recall posting a difference in pips today

I have both MT4's open and I can see the spread. This is why Alpari get's in at a better price and gets out earlier and the BE gets reset faster.

 

[PONKO]

Very Strong Resistance area...who knows...

 

[davinci79]

There is a clear triangle on M1 time frame formed during last hour... a few minutes more to know the trend.

 

[davinci79]

There is a clear triangle on M1 time frame formed during last hour... a few minutes more to know the trend.

M1 Triangle resistance broken.

 

[pret]

I would like to know at what point does the SL gets moved to BE.2nd day with FMT
Thank you

 

[podberry]

I would like to know at what point does the SL gets moved to BE.2nd day with FMT
Thank you

When you are 20 pips ahead it will move it to your entry price

 

[pret]

When you are 20 pips ahead it will move it to your entry price

Thank you much appreciated

 

[JOHNCO]

35 pips, both accounts.:clap:

 

[podberry]

+35 Oanda:clap:

 

[pret]

hi Pod
If i move BreakevenAddpips to 5 Will that move BE to 5 pips from entry to gain 5 pips?
Thank you Sorry about newbie Q

 

[jabu99]

+35 Oanda:clap:

Likewise +35 on AVAFx

 

[pret]

+35 pips E Global Entry @1.6113
What was you entries Pod And Johnco ?

 

[podberry]

hi Pod
If i move BreakevenAddpips to 5 Will that move BE to 5 pips from entry to gain 5 pips?
Thank you Sorry about newbie Q

You are right, I would advise not to add 5 as sometimes it retraces back close to breakeven and stops you out before carrying on it's journey to become a winner, it happened to a few people yesterday. Nothing more frustrating when that happens.