View Single Post
  #3 (permalink)  
Old 05-18-2007, 10:33 PM
fxwealth fxwealth is offline
Member
 
Join Date: Sep 2006
Posts: 71
fxwealth is on a distinguished road
Hi Flirrrt

Thanks for your response. There is only one hour where it can be used successfully. If u can code the EA I will definitely let u know which hour it is. Believe me when I say that I have traded this very successfull for around six months now (LIVE). In my last fifty trades I have had 4 losses. If i had reversed my position when stopped out i would have won on those four. Remember I use a TP of 10 only. There are times when the market moves slowly and if i am 4+ pips in the profit I take it. I may not make hundreds of pips but I trade bigger lots and am therefore quite happy taking 4+ pips. I currently trade at 5lots. when I've reached a certain amount of profit I withdraw the profit and go back to trading 1 lot sizes and work my way up to 5 lots. Then the process of withdrawal and starting again begins once more. This works very well for me. Hoping u can create the EA. It will save me from having to be close to my PC to see if I am stopped out. Will share everything with you (Strategy).
Best regards
Reply With Quote