That's the million $ question Best to use a basket TP and stick to it allowing for acceptable DD.

London close trading system for currencies

...is that 0.1 lots per 10K?

London close trading system for currencies

2% with 11* pairs BUT scary 25% DD en-route - may need to reduce basket % TP....still very encouraging (icmarkets demo 0.1 per 1K 30% basket SL and 2% TP)

London close trading system for currencies

6* pairs = 2% mainly GBP - limit entries saved the day!

London close trading system for currencies

2% = 4*GBP and 1*NZDJPY pairs - higher leverage .1 per 1K demo ic markets 2% basket TP 30% SL.

London close trading system for currencies

2% basket TP hit (6*trades 5*pairs 30% basket SL icmarkets demo 0.1 per 1K) Nice when there is no manual intervention This is unlikely to last but the 30% allows about 500 pips before hit so plenty of wiggle room

London close trading system for currencies

Darwinex offers two leverage options but you can't 'upgrade' while still invested - you'll need to close and re-invest at *2 leverage - once arranged you can't change back - be warned) SO a 5K investment becomes 10K with the associated doubling in ...

Linzaroo's Transition From eToro To Darwinex

I can't stop fourier and holt from repainting after an MT4 re start - which sort of defeats the object...

Fourier Analysis

Wow a sea of red this morning after a large gap down on the JPY pairs which triggered my 3% SL - now down over 100 pips for the month....hmm back to the drawing board and avoid weekend carry-over trades

London close trading system for currencies

Great work - did the holt have the same 'flip' outcome as fourier longer term? I can see on a 15M chart and trading XAUUSD using a moving average based on holt/fourier may be too 'lagging' to be of any use - the pair can have a 100 pip move in ...

Fourier Analysis

Just downloaded a fourier extrapolator (free via google search and it does look very promising at first site - effectively it attempts to predict the short term future price action as a nice smoothed curve. I have several reservations, however - ...

Fourier Analysis

Agreed and on second thoughts I have reinstated GBPAUD GBPCHF GBPNZD (+ GBPJPY and GBPUSD) - a quick tally of Jan to date showed the first three only lost 70 pips with the 2% stop out so nothing dramatic. I have increased basket risk to 3%, which ...

London close trading system for currencies

Agreed - I am using very conservative settings so that 2% loss was over 200 pips on the GBPAUD..BUT still up over 400 pips for the month after 4 'easy' wins today...the question is whether to continue with the GBP pairs - GBPJPY and GBPUSD have ...

London close trading system for currencies

On second thoughts it may not be a good idea to add to open positions ..so no issue anyway - cheers

London close trading system for currencies

Hi ghost - can the system manage duplicate entries on the same pair when we have open losing positions followed by new entries? Will review my 2% basket SL as the GBPAUD has now almost completely retraced ...3% would have avoided 300 odd pips ...

London close trading system for currencies

First 2% SL hit for 21.1 basket - really frustrating when the pairs (mainly GBP) move just a few pips into profit before heading south..BUT still up 300 pips MTD The 22nd basket produced a quick 100 pips with three remaining open postions ...

London close trading system for currencies

MTD=month to date

London close trading system for currencies

Finally closed Fridays basket for MTD of just over 500 pips - basket SL of 2% and 20 TP/250 SL IC Markets demo. Best to let this do its thing and try not to panic when the trades go south

London close trading system for currencies

Most generous to share thanks - is there any difference between this and xm7's version - they both look identical....

London close trading system for currencies

Agreed! Have had several 100+ pip DD on the GBP pairs, but all recovered to date with 400 pips MTD total thus far...

London close trading system for currencies