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Old 14-11-2004, 17:47   #61 (permalink)
PittsburghFX
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Re: PittsburghFX

Quote:
Originally posted by daentay
Thanks Pittsburgh FX for your replies, its enlightening .

If the strategy I adopt does not catch pips in a fast moving market all the time, but throughout the day.

I am hoping to get more insights from you before I run it live with automation.

In the senario given in the picture posted,
I would have generated 1254 pips spread with 418 trades (yes, 3 pips) for EUR/USD pair for the strategy for 5 days of trades.

and the net profit (profit - spread and interest) for me is about 560 pips.

The shortest timeframe from opening to close is 1 min.

please comment more , thanks and regards.

P.S. If anyone knows of the whereabouts of any order routing software for wealth-lab that has limit and stop orders for FXCM, please post it, I am sure a lot of people would order
Hey,

that looks excellent, but would you pm me more details of how that works. I have generated similar results on programs, but indeed there seemed to be a catch for it all. Email me Brian@ Pittsburghfx .com
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