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- paradoxical replied Dec 4, 2008
Spread — I contacted IBFX about the spread issue and here's what they said. What's up with the spread on the AUD/NZD? Client Services 70: Our spreads are not fixed and can fluctuate from time to time. Under normal market conditons however, our ...
Trading aud/nzd successfully
- paradoxical replied Dec 4, 2008
I just saw a spread of 2.100/2.144, and a few minutes beforee that, a spread of 50!
Trading aud/nzd successfully
- paradoxical replied Dec 4, 2008
spread fluctuated from 16 to 30 for the past hour. Hopefully, this is a one day occurrence. If IBFX spread is going to act like that more than just occasionally, will have to reevaluate trading this pair.
Trading aud/nzd successfully
- paradoxical replied Dec 4, 2008
Am seeing 16, 18 and 20 pip spreads right now. If this were to continue, would be verty concerned. I was close to being traded out of my sell positions, but wasn't because of the 20 pip spread right now.
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
I should proofread my posts before submitting them. I meant to say that for each pair, you'd have to set separate stops, and your stop of 800 as an average is probably a very good stop on "most" pairs as an average.
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
I hope you WIN the contest! In thinking of what you posted, I was stopped on the EUR/GBP when I used it on the 35X20 EA with a 200 pip stop, when a few days ago, it went 291 pips with hardly any retrace. If someone really wants to optimize an EA for ...
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
That was a GREAT explanation of your EA and philosophy, and the time you tool to explain is greatly appreciated. Someone with a large enough account could make a great income using the either of these EAs. I'm not rich, but I have bee3n thinking of ...
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
Thanks for the quick answer. I'll give it a whirl.
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
I made a few demo trades on this and looks pretty decent. The dot moves, but looks like if you wait for the crossover of the line, the pair will continue that way. Could have gotten quite a few pips on a couple trades if I had stayed in, but got ...
TwinBlade 5mint System
- paradoxical replied Dec 3, 2008
Thanks Verto, which one does better? The 50X20, or 35X20? For the 50X20, do you just change the settings on the 35X20 to a TP of 50, and a level of 1.3 on the progression?
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
Verto, two questions. 1.) How did you end up with plus $250.00 today? I traded at .10, and got about $50.00. 2.) You seem to close out before the seventh level is hit. Why not just set the EA to go no more than 6 levels?
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
perhaps when nanningbob has some time, he can shed more light on this? What I'm now doing is using both EAs on one account. I use the 35X20 EA for the AUD/NZD at .10, and the 100X80 on seven other of the safer pairs at .03 each. So far, the AUD/NZD ...
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
There was a pink dot on both charts, and I waited for candle close, and they stayed. I made the trade, thinking these were good short trades, but After about 10 minutes, neither dot was there any more. The pink line was also over the green line.
TwinBlade 5mint System
- paradoxical replied Dec 3, 2008
How much are you going? .05. .10, or ? I think the amount of money made is more important than the percentage increase of an account, because if someone started with a $50,000.00 account, his perecntage increase would be much smaller than yours ...
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
I suppose you could turn off the EA if you wanted to do that, but couldn't that spurt have gone the other way, too, giving you more profit? I'm not sure there's any way to predict what the market will do if you were to leave 4,5 or 6 of the sell ...
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
Thanks, Steve. I'm not real sure it could be done, except maybe for some broad results, since the market changes. I know that nanningbob had other threads with differing settings, and that he has done lots of testing and research.
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
arnold49 brought up the point that different pairs have different characteristics. For instance, the 35X20 EA works better for the AUD/NZD than 100X80 would. He was going to try to do a spreadsheet. Is there any easy way to determine what might be ...
100 x 80 EA oh boy
- paradoxical replied Dec 3, 2008
I am trading live on IBFX and had the following sell trades: 1.2071 1.2094 1.2115 1.2136 1.2166 * note the 10 pip slippage. Should have opened at 1.2156 1.2186, * closed out all trades when it hit 1.2151 A total of 6 levels. The high reached only ...
Trading aud/nzd successfully
- paradoxical replied Dec 3, 2008
See my post #258 for an actuasl experience of being stopped out on the EUR/GBP. Once that number one trade hits the 200 pip stop, all trades are closed.
Trading aud/nzd successfully
- paradoxical replied Dec 2, 2008
That would be a good question for nanningbob or Frostcall.
100 x 80 EA oh boy