first trade of day. successfully but risky as in a period of consolidation and RSI not great. I actually only took this trade because price dropped 2.5 pips just as I was considering it and the preferential entry point tipped the balance in my ...

Magic 5 - five pips only

Hey FW don't worry this type of EA needs a lot of tweaking before it can have a hope of working. Only feedback like yours highlights the deficiencies and where the tweaks are required, if possible. Manually I would not have taken that trade because ...

Magic 5 - five pips only

Thanks Dave, very generous of you too. One question does this run 24/5 or does it just run during the active parts of each session?

Magic 5 - five pips only

Hey BD, was only offering a friendly warning. If you have it under control good for you. Just re-read your message. you said you had made $100 a day, each day this week, starting from $20! I just used the following logic: Say your risk is 5% of $20 ...

Magic 5 - five pips only

Well done for your success but that level of profit suggests that you do not apply any conventional money management practice and are likely to fail in the mid-term, be warned.

Magic 5 - five pips only

Like the idea Brandon and I know someone who is trying but once you start to look in detail there are a number of areas where judgement is used (consolidating and short candles) that make automating it harder. we will see.

Magic 5 - five pips only

Hi All, newby to this thread. I took three 15 tf trades today, all winners. There were more but I was cautious. I also do not want to take trades where the spread is more than 2 pips which limits me with my broker. The one criteria of the strategy ...

Magic 5 - five pips only

If any of you are still having problems, make sure that you type the SubSymbol as it is written by your broker MT4 platform. If they use capitals make sure you do. Also most brokers use a broker code after the pair name (EG GKFX use 'SB'). Make sure ...

Overlay in MetaTrader

Just so you know I felt the tone of your message could have been taken wrong the wrong way. I'm sure you didn't mean to sound patronising. For future reference the default pair of this thread is E/U but if you were still unsure you could have got ...

X-Man's Super Simple System

Thanks Star I will certainly read it. You are typical of the generosity to be found on this site. My point is that this emphasis on PA should be identified in more detail at the start of the thread for new arrivals, who otherwise might be fooled ...

X-Man's Super Simple System

High Thread Membership Turnover — Let me start by saying that I value the input on this site but I have one observation? Although the site is meant to focus on X-Man's 3S system, increasingly the reality is that his system is only a very small ...

X-Man's Super Simple System

Formefactory, before we start trying to be creative here, can I check why you want the lines? There might be another way of achieving the same result? For example if you were trying to mark where your trade comes into profit you could just set up to ...

Trading Made Simple

Hi IBaim, welcome to this thread. I'm new too so I will just get the ball rolling and let the pros help once they wake up. Lol. My first comment would be to ask what PA criteria you used to enter short there? Much is made in this thread about Price ...

X-Man's Super Simple System

Hi 2be, just wondered if you worried about loading trades just before NYO? Cheers.

X-Man's Super Simple System

E/U 1H — So where to today? Overall sentiment seems to be short but I wonder if we might first get a move up to the DR2 (1.3208) as it is also the 61.8 fib and a touch of a trend line running from 1st March. Any thoughts?

X-Man's Super Simple System

No Ljin, it is still 1 hr and 35 minutes to go now to LO. Have a great week.

X-Man's Super Simple System

Hi Pylofm, at the end of the day demo trading is not the real thing and as there is no consequence to losing the lot in a few mad flutters you can be forgiven for letting rip, we all have (and I still do occasionally!). The key is that you get a ...

X-Man's Super Simple System