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.

very clear, thanks a lot.

I like the idea of using fibos for exit

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.

Attached Images

FibLevels&EMA50.jpg (222.6 KB, 590 views)

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.

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/

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.

Do we have a EA for this great system?