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  #981 (permalink)  
Old 02-07-2006, 04:33 PM
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Quote:
Originally Posted by Zendo
For the moment i try 3 lots for the 38 - 55 and 89 level.
After 38 level is reached i took the stoploss to entry.

The levels are no indicator! You can add the levels under the EMA50 properties.

Not shure it ws clear explained:

I sell the first lot at the 38 Level, the second lot at the 55 level and the third if i get it at 89 level. In the evening i take what the market gives me if i still have positions.
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  #982 (permalink)  
Old 02-07-2006, 04:34 PM
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Wink

very clear, thanks a lot.

I like the idea of using fibos for exit
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  #983 (permalink)  
Old 02-07-2006, 05:09 PM
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Quote:
Originally Posted by Zendo
Not shure it ws clear explained:

I sell the first lot at the 38 Level, the second lot at the 55 level and the third if i get it at 89 level. In the evening i take what the market gives me if i still have positions.
Did I miss something? What are all those curves on your price window?
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  #984 (permalink)  
Old 02-07-2006, 05:46 PM
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Quote:
Originally Posted by blooms
Did I miss something? What are all those curves on your price window?
FibLevels added to the EMA. They are dynamic because they change with the EMA50. You can ad them under the properties of the EMA50.
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  #985 (permalink)  
Old 02-07-2006, 06:02 PM
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Quote:
Originally Posted by Zendo
FibLevels added to the EMA. They are dynamic because they change with the EMA50. You can ad them under the properties of the EMA50.
Thank you very much. You know, I am a newbie. I know very little about MT4. Anyway I am learning and hope soon I can write some sophisticated codes for you guys.

BTW, which broker is good? I know OANDA is the #1, but it doesn't support MT4 at all.
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  #986 (permalink)  
Old 02-07-2006, 10:16 PM
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I entered EURUSD at 1.1980, hopefully it will give me some pips.
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  #987 (permalink)  
Old 02-07-2006, 10:32 PM
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Quote:
Originally Posted by blooms
I entered EURUSD at 1.1980, hopefully it will give me some pips.
I hope it too, but general spoken i think you should concentrate on the European and USA Session. Most systems don t work well in the Asia Session.

One broker who works with Metatrader is InterbankFX
http://www.interbankfx.com/
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  #988 (permalink)  
Old 02-07-2006, 11:08 PM
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Quote:
Originally Posted by Zendo
I hope it too, but general spoken i think you should concentrate on the European and USA Session. Most systems don t work well in the Asia Session.

One broker who works with Metatrader is InterbankFX
http://www.interbankfx.com/
Is USA Session from 9:30am --- 4:00pm of New York time?
What about European Session time?
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  #989 (permalink)  
Old 02-07-2006, 11:14 PM
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Quote:
Originally Posted by blooms
Is USA Session from 9:30am --- 4:00pm of New York time?
What about European Session time?
USA Session i would say 8:00 am to 4:00 /5: pm New York time

European 07:00 am to 17: pm GMT

The PM Time in the USA Session can be very slowly.

Last edited by Zendo; 02-07-2006 at 11:16 PM.
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  #990 (permalink)  
Old 02-07-2006, 11:56 PM
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Do we have a EA for this great system?
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