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LinkBack (23) | Thread Tools | Display Modes |
04-02-2007, 03:34 PM
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Quote:
 Last edited by paijolopez; 04-02-2007 at 03:37 PM.     
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04-02-2007, 05:18 PM
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MONDAY 2 APR 2007
 BUY STOP GBP/USD at(A)1.9667 take profit 1.9687 stoploss 1.9637 Order not touched 0 pip
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04-03-2007, 08:39 AM
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Hi paijolopez!
I see your blog and your order for today is Buy STOP. But chart is above buy trigger and above EMA34 so why not try a BUY LIMIT to catch a little retracement of G/U? Sorry if my question seems stupid..... Last edited by metastock; 04-03-2007 at 08:41 AM.
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04-03-2007, 10:42 AM
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Yes indeed using BUY LIMIT, I choose BUY STOP today and wait the pair to retrace down bellow the order then I will do BUY STOP order when the pair goes up again. this will bring you more safe trader and will avoid false signal that happen at first hit ( like if you use LIMIT ORDER )
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04-03-2007, 11:14 AM
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Quote:
Anyway I try to write EA but I have a doubt: buy stop valueis with spread value or without spread value? For example: I have 3 pips spread on G/U and if you tell buy stop .9867 I must set .9867 or .9870? I hope to write a good EA............
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04-03-2007, 11:48 AM
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Love your idea with EA, here my suggest, we are assume this EA based on MT4 platform, since MT4 use BID value as order entry, then
for BUY position you should adjust only TAKE PROFIT value according to the spread (4pips are common ) and for SELL position just adjust the STOPLOSS value.
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04-03-2007, 12:35 PM
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paijolopez (and not pablo
 ):I don't understand, don't you enter a LIMIT ORDER AT 9767? Or do you wait for price to come to 9767 and then BUY STOP at 9787??? I'm a little confused, sorry
__________________
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04-03-2007, 02:09 PM
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Quote:
hope this help
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04-03-2007, 06:49 PM
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Quote:
__________________
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