DislikedTKimble,
Thanks for sharing this system. I really like the simplicity of the daily and weekly system.
Regarding the Stop Loss, do you use 40 PIPS including spread or 40 pips + spread for GBPUSD and GBPJPY?
BjornIgnored
TK
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DislikedI just wanted to let you all know that all of my prior backtesting may or may not be right. I updated my testing install of MT4 from build 200 to 202 today. I grabbed skylines new version EA and wanted to run it through some TP settings. My results were WAY off. I figured it was something in the new version of EA so i checked that, didn't see anything, so I tried the old version, results way off also. At this point i cant figure out what changed, but comparing the trade results, they are off by 4 pips, spread. You wouldn't think this is a big deal, just up the numbers by 4 and all would be well, well it ain't.
I need to run some other EA's to see if they all react this way. If so it is definitely something with MT4 new build. I cant imagine what else it would be. Anyway, I just wanted to inform everyone if you are basing your trades off that information, take it as you will for now. TK's method as presented hasn't changed and you would be as safe as you were originally with it. I will inform you all of my new findings.Ignored
DislikedTook another 50 PIP profit on the current bar. This is a total of 150 PIPS in the first two days with one SL. Total take equals 110 PIPs.
I have attached the current chart that I am trading from.
Will not enter new trade until 2400 GMT...
TKIgnored
DislikedI have been stopped out a few times also...but i have been moving my stop to breakeven at 40 and taking profits early...so i have been making money on the pound...once you move to breakeven...it is a free ride...so if you stop out...its like you never entered...hope you are using this strategy also....Ignored
Dislikedwhy did you start the day with a sell, should have been a buy. Monday open 1.9502, monday close 1.9512, up trend, plase buy order.Ignored
Dislikedwhy did you start the day with a sell, should have
been a buy. Monday open 1.9502, monday close 1.9512, up trend, plase buy order.Ignored
DislikedI have been stopped out a few times also...but i have been moving my stop to breakeven at 40 and taking profits early...so i have been making money on the pound...once you move to breakeven...it is a free ride...so if you stop out...its like you never entered...hope you are using this strategy also....Ignored
Dislikedscrat, bm is right by my charts too. on fxdd the entry for the day shd have been long. on fxdd last 3 candles are down and hence a reverse order.
btw i too plan to follow sensei and trade only the gbpjpy now.. too many orders with too many pairs = recipe for disaster.Ignored