ForexMorningTrade System

[Blackstick]

SL for me today.

 

[lukkana]

SL for me today.

Yup, same here. There goes the decent start to the month.

(though not a disaster)

 

[hammy66]

Today both 8:30 NY and 8:45 NY signalled short.
8:30 NY hit BE +5 pips
8:45 NY hit SL -35 pips

+40 pips this week

 

[turboonostrilvision]

GU today :
SHORT Trade opened at price : 1.57077
hit sl

 

[TRINID]

Hi,not new to forex trading but new to this site and thread,
Am a novis compared to many here by the sounds of things,
However I have just downloaded the "FMT" and am looking forward to trying this out.

Reading through the thread though it does not seem like many do the 06:30 trades,
is there actually a better time period ?

Or any other tips about the system ?:?:

 

[farah]

any idea about todays forex morning trade? should we go for long?

 

[turboonostrilvision]

GU signal today :

13:30 gmt
ForexMorningTrade EA Signal 2012.03.08
LONG Trade opened at price : 1.57946

Lets wait and see.

 

[hammy66]

Today both 8:30 NY and 8:45 NY signalled long and both hit TP +30 pips

+100 pips this week

 

[lukkana]

Today both 8:30 NY and 8:45 NY signalled long and both hit TP +30 pips

+100 pips this week

TP +30 today. +35 pips up so far this month.

Hammy, how did you get 100 pips up ?

 

[turboonostrilvision]

Today's GU long trade : 1.57946 , hit tp @ 1.5824

I think maybe I start setting it for two times like you hammy66 , will just another window in the same mt4 be ok for this ?

Thanks

Kind regards.

 

[hammy66]

TP +30 today. +35 pips up so far this month.

Hammy, how did you get 100 pips up ?

because I trade 2 times every day, 8:30 NY and 8:45 NY (13:30, 13:45 GMT)

so today I had 30 pips profit on each time = 60 pips total..

 

[hammy66]

Today's GU long trade : 1.57946 , hit tp @ 1.5824

I think maybe I start setting it for two times like you hammy66 , will just another window in the same mt4 be ok for this ?

Thanks

Kind regards.

yes, just open another GU, M15 chart, BUT remember to change magic number on second chart, it must be different than first chart to trade separately.

cheers !..

 

[lukkana]

Nice fast +30 pips today due to NFP

though it could have gone horribly wrong

 

[hammy66]

Today both 8:30 NY and 8:45 NY signalled 'short' and both hit TP +30 pips..

+160 pips this week .. a great week for this set-up..

let's hope it continues for awhile.

cheers !..

 

[turboonostrilvision]

GU today 13:30gmt
ForexMorningTrade EA Signal 2012.03.09
SHORT Trade opened at price : 1.57829
hit tp

 

[bushmanusa]

while most people here seem to be trading the new time of 800 NY I am still trading 600-630 GMT and so far am fine with that. been using FMT for a little over a year.

total for the month so far

3/1 +5
3/2 +40
3/6 +40
3/8 +5

Settings 600-630GMT SL25 TP40


is the newer settings more profitable?

 

[farah]

can any body please update me if I want to use this FMT which setup will be more profitable? original set up is useful or I should do some modification?

 

[lukkana]

while most people here seem to be trading the new time of 800 NY I am still trading 600-630 GMT and so far am fine with that. been using FMT for a little over a year.

total for the month so far

3/1 +5
3/2 +40
3/6 +40
3/8 +5

Settings 600-630GMT SL25 TP40


is the newer settings more profitable?

Actually it's 08:30 NY and I would say it's more profitable than 06:30 GMT

Though I do believe trade time would be 09:30 NY at the moment
Would that be correct ?

 

[hammy66]

For comparison of my settings for March 1-9 so far: (35-30-18-5)

at 8:30 NY, (3 TP, 0 SL, 3 BE+5, 1 NT) = +105 pips
at 8:45 NY, (4 TP, 1 SL, 1 BE+5, 1 NT) = +90 pips

cheers !

 

[bushmanusa]

My total so far for march

one trade only from 0600-0630 GMT (3TP, 0SL, 2BE+5) = +130pips

pehapse I will start trading at 0600 GMT and 0830 NY