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Originally Posted by Kalenzo
Nina do U reverse orders on a opposite signals?
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Kalenzo:
I've written that I play with multi lots. I know that 8/9 out of 10 trades CatFX50 is going to give me 10 pips at least. If I go with 5 lots, that is $500, mate.
I need to feel confident. I need to see if ithere is "conviction" in the market. I have my levels (posted here). So, look at cable today. It was the first to go up. The signal given by CatFX50 was great. It never looked back till it hit level 1.7760. Now, it is exhausted. It needs to have a break. I closed 3 lots at 1.7715 for a +83 pips gain. And let the other 2 opened with stop at 1.7650. Closed another one at 1.7760 for a +128 pips gain.
The last one is still on with stop at 1.7720.
On EURUSD, I bought it at 1.2064 and closed at 1.2074.
On USDCHF, I sold it at 1.2823 and closed at 1.2813. Sold it again at 1.2829 and closed at 1.2775.
Kalenzo, if we reverse orders all our pips could wane. So, that's why I liked what you said about your EA. Now, we should tweak it.
What is important and has been proved is that the entry is great. "Give me an entry, Kalenzo, and I'll make you happy". And remember, we only have a single, naked EMA and an indicator.
Nina