welcome to the club... here's my opinion about it: if we're in a trending market, it shouldn't matter. right? even if we pick the wrong direction, after -40 PIPS we're back on track. if we're in a ranging market... well you know this strategy is not ...

Part Time Wealth Building Trading System - Daily Scalping

just to make sure, the entries for Wednesday (tomorrow) are: - gbp-usd: buy @ 1.9550 - gbp-jpy: sell @ 234.61 good luck with the news.

Part Time Wealth Building Trading System - Daily Scalping

so in this case (g-y) do you count sunday candle? tomorrow would be the 3rd or the 4th day in a row with an up trend?

Part Time Wealth Building Trading System - Daily Scalping

that's fine. i think i got it now, sunday candle is not to be counted for g-u. how about g-y? do we take sunday candle into account?

Part Time Wealth Building Trading System - Daily Scalping

i'm not sure i'm following this. so you're saying that if your profit has not reached 100 pips, you carry the trade into the next day - IF the next day trend stays the same! - and wait until you reach 100 pips. right?

Part Time Wealth Building Trading System - Daily Scalping

what are your last 3 down candles? thursday, friday, and monday? yes, all of them are down. and yes, i was supposed to buy IF sunday candle wouldn't have been UP - i thought sunday broke the down row... could someone help me with this?

Part Time Wealth Building Trading System - Daily Scalping

it is choppy for g-u, probably because of tomorrow's announcements. but if you look at g-y, you'd see that with daily scalping you would have made about 130-140 pips for today. which for me would be enough for the week...

Part Time Wealth Building Trading System - Weekly Scalping

because yesterday's candle was down and sunday candle was up? ok, maybe it would be better if someone could post the prospective trades for the next day, let's say around 22,30-23 GMT? we should have plenty of time to talk about that until 0,00 GMT ...

Part Time Wealth Building Trading System - Daily Scalping

how can i move to b/e... when my trade opened, the market went into the other direction... here's what happened for me today on g-u: - sell @ 1.9508, SL hit @ 1.9548 (high for the day was 1.9549, pretty cool huh?) - buy @ 1.9548, SL hit @ 1.9508... ...

Part Time Wealth Building Trading System - Daily Scalping

2 stops for g-u today... i'm out until tomorrow looks like it's another choppy week.

Part Time Wealth Building Trading System - Daily Scalping

quick question: do we consider sunday candle when placing orders next week? for instance, today should have been a sell but sunday candle was up... and about tomorrow, same logic. i'm talking about g-u: do we count sunday candle and place a sell, or ...

Part Time Wealth Building Trading System - Daily Scalping

how do you get to visualize that extra candle between friday and monday? i've been looking for this option in MT but can't find it.

Part Time Wealth Building Trading System - Daily Scalping

because skyline told me that's how this EA is supposed to work. the problem is, i spent a lot of time playing with strategy tester on both versions and then i ran a manual backtest. quite a big difference. i don't think i can consider automated ...

Part Time Wealth Building Trading System - Daily Scalping

here's another weird example: i did a manual backtest on a week (i chose it randomly) from last august and then i compared it with the automated backtest using this EA. i have attached the results. something is not working. p.s. i did the same thing ...

Part Time Wealth Building Trading System - Daily Scalping

since initial entries have a crucial importance, i wonder if there's any way to code for deciding a buy or a sell using MACD or/and RSI (on the daily graph) and not only with previous day trend. i know these are not tk's rules, but if it's ...

Part Time Wealth Building Trading System - Daily Scalping

yeap... doesn't seem like it. maybe my parameters are not right? or maybe the EA doesn't function as it should. i'll have to do a manual check.

Part Time Wealth Building Trading System - Daily Scalping

strategy tester with MT4 — i just finished a strategy tester with MT4 for the last 2 versions, 1b and 1c. see the results in the attached pdfs. slightly different results for each EA, and quite a surprise: see the results of this system for ...

Part Time Wealth Building Trading System - Daily Scalping

if it's a doji, you ignore it and look at the previous day trend.

Part Time Wealth Building Trading System - Daily Scalping

that's another good question. my first choice would be as usual, based on previous day trend, except in some obvious (and probably, very rare) cases when indicators are telling you something else.

Part Time Wealth Building Trading System - Daily Scalping

it might be a good idea. after what g-y did to me this week... i'll run a quick visual check for the last year or so, but from what i've seen so far it should work just fine (the problem for me is that i'm sleeping at that time...). and another ...

Part Time Wealth Building Trading System - Daily Scalping