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Old 23-10-2003, 21:20   #25
gregh285
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Folks,
to make sure we are all singing off the same hymn sheet, i am using the bid prices to calculate entry.

ryan,
Monday 20/1003 close 9.00am chf was 1.3345, selling at 13322, the lowest ask (buy) price was 13290 or 32pips from entry leaving you with 20 or 22pips if you are moving pip at a time.

Tueday 211003 close 9.00am was 13322 selling at 13299, lowest ask was 13271 or 28 pips, b/even trade. ( i made a balls of this the first time as you can see).

Thursday 231003 close 13109 buying at 13136, hi bid achieved 13166 30 pips from entry or 20pips profit using system
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Old 23-10-2003, 21:35   #26
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GREG YOUR PRICES WERE JUST A LITTLE DIFFERENT THAN MINE BUT NONE THE LESS ON MONDAY I GOT UP 30 AND PROTECTED THAT I NEVER LET 30 GO ON TUESDAY ALL I NEEDED TO MAKE MY 50 WAS 20 AND THAT WAS ACHIEVED IF YOU SET A GOAL GO FOR IT I AM STILL WAITING FOR YOU TO PROVE TO ME YOU CAN NOT GET 50 PER WEEK FROM JAN 6 TILL NOW WITH ONLY 1 LOSING WEEK OF 30 AND 1 WEEK WHERE I ONLY GOT 10 PIPS PLEASE PROVE IT TO ME USE GFT CHARTS AND BACKTEST IT AND YOU WILL SEE OK
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Old 23-10-2003, 22:01   #27
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Talking Europeen session

Hi Harold4x i would like to know if you have try this system with the europeen session and what was the results... thx max
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Old 23-10-2003, 22:06   #28
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i live on east coast so all of my trading strategies are based on that even though fx is 24 hours a day i am not awake 24 hours a day so have seem to have tested it but based on my find and strategy technique trading it the way i originaly posted with money management will achieve the goal and that is to have acct grow and not just converse on multitudes of various systems. due dillegence and stick with plan and you will make money if thats not the reason for trading then we all should go to vegas you can lose the money real quick there than the slow torture of losing in fx
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Old 23-10-2003, 22:09   #29
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harold,
i never said that you cannot achieve 50pips a week, so what do you keep harping on about proving you wrong. If you have backtested it and these are the results then i dont doubt you for a second.
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Old 23-10-2003, 22:12   #30
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i wasnt saying anything to get you mad just stating what i have found thats all still friends?
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Old 23-10-2003, 22:18   #31
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absolutely of course.
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Old 24-10-2003, 04:38   #32
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hi guys,

would somebody be so kind as to confirm the detail of the final formula for this system...

as I have it at the moment....

1...take the close of the 8am to 9am hourly candle for chf (e.s.t)

2...entry orders short = close minus 23
long = close plus 27

3...initial s/l = 50 pips

4...when deal is in the money 20 pips move s/l to breakeven

5...when deal is in the money 40 pips, move s/l to +30 pips profit

Is this all present and correct guys ?

Thks in adv..
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