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Rsi Breakout
på
Erfaren Traders
Oct 21, 2009 at 19:29
to those wondering why i'm not connecting my account to show the actual trades - i do trade it on a real account, however i trade several more systems so it wouldn't show the true results for this system.i do however post the trade setups before they happen, so you should be able to watch the trades live.
Rsi Breakout
på
Erfaren Traders
Oct 21, 2009 at 19:25
just closed the other long position and looking to re-enter.<a href=http://www.myfxbook.com/files/biz0101/18.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/18.png /></a>today has been a trending day to say the least! i don't expect the eur to stop climbing up so i'm biased towards the long side.looking back on my trades, i'm considering to stop using the rsi as i don't really need it. looks like trading on pure price action is better. we'll see on my next trades.
Rsi Breakout
på
Erfaren Traders
Oct 21, 2009 at 15:12
price finally broke up.. i've closed a position and moved the stop loss to the previous low.here's a recap:<a href=http://www.myfxbook.com/files/biz0101/17_bk.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/17_bk.png /></a>
Rsi Breakout
på
Erfaren Traders
Oct 21, 2009 at 10:15
price is looping around the channel trend line, break of the previous low would suggest a trend reversal.<a href=http://www.myfxbook.com/files/biz0101/16.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/16.png /></a>
Alpa U$1000 1:100
på
Trading System
Oct 20, 2009 at 20:13
yeah it's a known problem 😀.just start trading with the smallest amounts possible (cents?) just to get the hang of it. and increase the position sizing as soon as you feel comfortable.
Alpa U$1000 1:100
på
Trading System
Oct 20, 2009 at 18:40
oh sorry..now i get it!so you were trading a demo up until now and found out that trading a real account is a totally different thing?
Alpa U$1000 1:100
på
Trading System
Oct 20, 2009 at 18:04
why don't you contact their support?
Rsi Breakout
på
Erfaren Traders
Oct 20, 2009 at 15:40
second zone hit, opened another trade.
Rsi Breakout
på
Erfaren Traders
Oct 20, 2009 at 15:18
first buy zone hit, opened a long trade.
forexeabuster
på
Trading System
Oct 20, 2009 at 14:48
you're kidding right?"After everybody has witnessed the results of this trading system on Demo, I offer to trade it for you on your live accounts."what exactly have we witnessed here? that you're capable of opening a demo account and running an ea on it?not only the results are impossible, but you haven't traded it on a live account. how's that?i'll tell you what - i'll give you $1 and in return (based on your system performance) after deducting fees, in a weeks time you'll owe me $150,000,000.do we have a deal?
Forex Hacked
på
Trading System
Oct 20, 2009 at 09:35
hey there man, i was just trying to help, didn't mean to sound arrogant or rude or anything 🙃.i do trade my ea on a demo, but that is for extensive testing before trying it on a live account.since you've lost your account in just one week, i'm pretty sure you're over trading.wish you best of luck in your trading and in iraq.
Rsi Breakout
på
Erfaren Traders
Oct 20, 2009 at 09:08
thanks Rana.. the price broke upside, so i'm looking for an entry to the long side:<a href=http://www.myfxbook.com/files/biz0101/15.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/15.png /></a>there are 2 possible entries as seen in the image, and the sl area is the last low of the channel in the 1d timeframe.
Updating trade history from Oanda
på
Allmänt
Oct 19, 2009 at 18:49
too bad it wasn't real, ain't it?i remember the days when i was logging in to my fxtrade account (real account) and was seeing a balance of 5,545,454.. i wish it would just stay there 🙄
Fapturbo
på
Framgångshistorier
Oct 19, 2009 at 18:44
exactly! people seem to forget that if something looks too good to be true then it probably is..
Forex Hacked
på
Trading System
Oct 19, 2009 at 18:42
why are you testing the ea on real money after a total blowout? i would assume that the first time was enough to learn the lesson.test it on a demo and see what's wrong. there is no such thing "A Lot Of EA's Don't Really Work That Great Towards The End Of The Trading Week".either the ea works or not - you can't judge it by selecting the best days. and on that note i can assure you that you'll not find an ea that makes you money without modifying it to fit market conditions (not with a public ea anyways).i strongly suggest not doing the same mistake twice. good luc...
Rsi Breakout
på
Erfaren Traders
Oct 19, 2009 at 18:21
price already tried twice to break the channel with no success:<a href=http://www.myfxbook.com/files/biz0101/14.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/14.png /></a>looks like bulls are fighting the bears. nevertheless, anyway it goes - you can be sure it will be a strong move of at-least 100 pips.if my stop loss hits, i will be looking for a retrace to enter a long trade (i'm currently short as seen from previous post).
HEDGEPro - EXPIRED
på
Trading System
Oct 19, 2009 at 11:32
i agree - do not give the ea to anyone. the only solution is a managed account where the client doesn't get the actual trading system to his hands.
Rsi Breakout
på
Erfaren Traders
Oct 19, 2009 at 11:29
here's a new setup - this is a high risk trade since we go against the trend but the risk:reward is what makes it worthwhile.<a href=http://www.myfxbook.com/files/biz0101/13.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/13.png /></a>enter is at the top resistance channel, stop should be just above the previous channel peak, target is the channel's support.
Rsi Breakout
på
Erfaren Traders
Oct 16, 2009 at 12:21
no trade opportunities were encountered yet.looking on the 4 hour time frame, it's seen that price broke the rsi channel:<a href=http://www.myfxbook.com/files/biz0101/11.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/11.png /></a>so i'm looking to go short on a retrace, going to 1 hour time frame, i'll wait for the price to retrace to the rsi's channel resistance:<a href=http://www.myfxbook.com/files/biz0101/12.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/12.png /></a>
Fapturbo
på
Framgångshistorier
Oct 16, 2009 at 12:12
well said rfe3!there's no free rides in this world.. if someone selling an ea for couple of hundred of dollars, there's a reason to it - you can't make money with the ea. i don't think there's even one ea that you can buy for $100 and it will make money in the long run...
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