GBPUSD 16065 short from 10/10 8:00 hit stop at 16102 during 13/10 4:00 for -37
EURUSD 12631 short from 10/10 12:00 hit stop at 12659 during 13/10 4:00 for -28
New trade:
GBPUSD 16058 short from 13/10 16:00, stop at 16107, 21 behind MA
Hi Kennard,
I go ahead and take the trade, I think FC waits for a new signal on Monday.
Thanks Harmonicphil, me too.
GBPUSD 16058 short from 13/10 16:00 hit stop at 16110 during 13/10 20:00 for -49
AUDUSD 8756 short from 10/10 0:00 hit stop at 8795 during 14/10 4:00 for -39
This was at one time +100, so another example where we consider moving stop to breakeven.
New trade:
GBPUSD 16081 short from 13/10 20:00, stop at 16110, 21 behind MA
AUDUSD 8748 short from 14/10 8:00, stop at 8795, 20 behind MA
I try to take every signal as well (unless I am sleeping or can not trade) even on Fridays. Sometimes I am uneasy about it but I guess that is the beauty of a clear system. I don’t need to question my entry.
Best
Angela
New trade:
EURUSD 12652 short from 14/10 12:00, stop at 12695, 18 behind MA
EURUSD 12652 short from 14/10 12:00 hit stop at 12695 during 15/10 12:00 for -43
AUDUSD 8748 short from 14/10 8:00 hit stop at 8795 for -47
GBPUSD nearly hit 21 behind MA trailing stop but still going.
New trade:
USDCHF 9552 long from 15/10 0:00, hit stop at 9528 during 15/10 12:00 for -24
GBPUSD 16081 short from 13/10 20:00 hit trailing stop at 16110, 21 above MA, for +21 (after being +180)
New trade:
AUDUSD 8731 short from 16/10 8:00, hit stop at 8786 during 16/10 16:00 for -55 (after being +46), another case for moving stop to breakeven after a decent move.
I think it is worth of considering this Harmonicphil. Especially, if some of your trades are in very nice profit +100pips and then end up in negative teritorry e.g. -40.
I am still new and trade this system only from mid August but what I do I move stop to BE when my trade is in +40. I test FourCandle’s approach. It needs to be tested over longer period of time though.
EURJPY 13725 short from 9/10 12:00 hit trailing stop at 13627, 18 above MA, for +98 (after being +225)
New trade:
EURJPY 13597 short from 17/10 4:00, stop at 13621, 21 behind MA
AUDUSD 8748 short from 17/10 4:00, stop at 8770, 22 behind MA
AUDUSD 8748 short from 17/10 4:00 hit stop at 8770 for -22
EURJPY 13597 short from 17/10 hit stop at 13621 for -24
USDCAD 11185 long from 9/10 20:00 hit trailing stop during 17/10 12:00 at 11154, 17 behind the MA, for +42 (was +200 before reversing)
USDCAD 11252 long from 17/10 20:00, stop at 11228, 18 behind the MA
Thanks for the regular updates again guys, much appreciated - Wondering if you have results for the Year to date and also did you know you can get this strategy on your kindle now too (includes a Price action and other system too) http://www.amazon.com/Forex-Trading-Proven-Strategies-Start-ebook/dp/B00OAAI1GQ/ref=sr_1_15?s=digital-text&ie=UTF8&qid=1413706721&sr=1-15&keywords=forex+strategy
Hi Harmonicphil
Today when I woke up ( I am in Australia ) the price was 20 pips from entry. I didn’t enter as it is against my rules but was a bit uneasy as it can be profitable trade. I would be curious to know what you , or others trading this system, do in scenarios like this.
Do you pass it or enter?
Thanks.
Hey, I wrote a robot on this system, makes steady profits on almost all currencies and time periods.
however default strategy rules had to be tested on different periods and improved, after which results, in my opinion, were phenomenal,
compared to my past experience with robot coding, I’ve really never seen a swing trading robot making profits on any period,
so I put it on my account already on more than 12 pairs actually on VPS.
I’m not giving it to everyone and I’m not giving it for free. If you want, you can get it now: mql5.
Thanks!
You can Test it on a demo account with different settings for free and
By recommending This EA to others you get [B][U]50%[/U][/B] of total investment which is [B][U]$247,5[/U][/B], therefore by recommending it only twice, you basically get the robot for [B][U]FREE[/U][/B] By recommending 3rd time or more, you start to make a serious income
I think it’s fear and “win-win” enough after all the work I did.
Thanks and good luck. I’m ready to assist you personally if you need
Hi All
Update for the fixed target approach attached. The system to date for 2014 is +82%, interestingly we have had two serious losing months and October looks like being the worst of all but the system remains profitable, not bad for a mechanical system. 2013 results were stunning +1821% based on 2% risk.
Regards
3LP Fixed Target 2014 Aug-Dec.pdf (42.8 KB)
Thanks for the update.
Hi everyone,
In the manual it says to set the 55 SMA with average closing price during LAST YEAR. How do I set the close price on MT4 to calculate average over last year, I cannot see this function.
It also says set 21 SMA on average close price of last month. Again how do you set this.
Also, to save having three different charts, am I right in calculating, the 385 SMA on the daily chart is the same as the weekly 55 SMA?
Many thanks