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  #41 (permalink)  
Old 10-27-2008, 09:10 PM
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update: 12000+ pips closed as of 10/27/08

I WISH IT WERE ALWAYS THIS EASY!!!
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  #42 (permalink)  
Old 10-27-2008, 09:22 PM
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Nice work again, Pip. I traded this live today on a $100 account. I was only trading 7 pairs and .05 lotsize, but made 50% already. I had 3 positions still open but I closed them, happy with my $50 today. Thanks.
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  #43 (permalink)  
Old 10-27-2008, 09:28 PM
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Quote:
Originally Posted by PIP CHASER View Post
update: 12000+ pips closed as of 10/27/08

I WISH IT WERE ALWAYS THIS EASY!!!

Holy crapoly.

Well, I just started after close. Wish I had gotten in on this Sunday evening!

But, so far I'm up +629 pips after just an hour and a half. Good times.
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  #44 (permalink)  
Old 10-28-2008, 08:40 AM
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Default Whew

Really glad I took my profits when I did. According to my demo account, everything retraced to SL. Most pairs looked like they might. USD/CHF is definitely trending up overall, but the last 2-3 days has been on a down turn. Still met the criteria for buy with this system, but I left it alone and it went nowhere but down. Good example of using your experience looking at charts to temper whatever system you're using. I still really like this one and I think that after today all the down trends will resume.
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  #45 (permalink)  
Old 10-28-2008, 08:52 AM
 

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Smile Adr

Hi,

I am completely new to Forex and I have a difficulty finding ADR calculation tool.
I understand that it is an avarage of daily range but as I am using a java based operating system and my computer doesnt support Meta Trader these links would not work.

In the charting software I have ADX, ADXR or True Average Range however they do seem to do different things.

I will be very happy if somebody can help me with defining What ADR is and how to find one for a java based system.

Thanks and happy trades!
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  #46 (permalink)  
Old 10-28-2008, 09:34 AM
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Quote:
Originally Posted by bkr1969 View Post
Really glad I took my profits when I did. According to my demo account, everything retraced to SL. Most pairs looked like they might. USD/CHF is definitely trending up overall, but the last 2-3 days has been on a down turn. Still met the criteria for buy with this system, but I left it alone and it went nowhere but down. Good example of using your experience looking at charts to temper whatever system you're using. I still really like this one and I think that after today all the down trends will resume.
Yeah, overnight all my profits have tanked and now I'm WAY in the hole. I'm watching the numbers, but I'm not sure what I want or should do at this point.
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  #47 (permalink)  
Old 10-28-2008, 09:45 AM
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Quote:
Originally Posted by lanula View Post
Hi,

I am completely new to Forex and I have a difficulty finding ADR calculation tool.
I understand that it is an avarage of daily range but as I am using a java based operating system and my computer doesnt support Meta Trader these links would not work.

In the charting software I have ADX, ADXR or True Average Range however they do seem to do different things.

I will be very happy if somebody can help me with defining What ADR is and how to find one for a java based system.

Thanks and happy trades!
I've been googling, but I haven't found much yet that could help you out
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  #48 (permalink)  
Old 10-28-2008, 11:45 AM
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This DD period will be a good test for the system. It will take some time for it to prove itself. I'm in the hole as well on my open positions but still in an overall profit.
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  #49 (permalink)  
Old 10-28-2008, 11:51 AM
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Well, I'm slowly gaining back ground. As positions go back into the black, i've been placing Trailing stops on them to protect what profits I can. So far, only one has come back in, but several are dancing closer and closer to getting out, and staying out, of the red.

I can certainly see where this system works, as per your collected data, but I guess I just picked the wrong day to start! LOL
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  #50 (permalink)  
Old 10-28-2008, 03:29 PM
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Wow, this hurts. I've hit alot of stop losses and i'm down 1100+ pips now.
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