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My set up today and first order hit.Let see how is going next But first order I didn't follow the rule cause all candle going up in this morning.
Cha. colt001.gif
Hi, chawichsak,
do you take spread into consideration while putting SL and TP? According to the system, TP=15pips and SL=6 pips, so as I've noticed, you use TP=12 pips and SL=8 pips, am I right? Why do you use the close of XX:30 candle, not XX:45?
Regards
Hi.Trader38
I just put 15 TP and 5 SL when I set my order because this way is easy for me to manage my trade. Actually in PDF file used manually stop out 6-8pips and set Sl at 20 just in case.
Thank.
Cha.
Hi
I use the close of XX:30 candle, not XX:45 because I compare the open/close candle one by one from COTL system also they use VT platfrom. May be different in datafeeds.At first I very confuse about the open and close time then I do this way and compare their result too.
Thank.
Cha.
What about the trend line? Do you wait for the candle to cross it,or just touch it when you enter second or third time? I just did not understand from the description of the system...
In my opinion I wait for candle cross but in the first trade today I didn't open sell order because all candle in up trend.For second trade you have to open sell when they cross trendline asap.If price retrace back above trenlind by 6-8 pips then we close order and accept lost.In bad case is market chop around trendline so I think this system is like baby sitting as I said before. All result sould not be the same for sure.
Thank.
Cha.
Last edited by chawichsak; 04-12-2007 at 04:17 AM.
But first order I didn't follow the rule cause all candle going up in this morning.
.I should enter on 1.9799
.If I have time i will post more result 
Actually in PDF file used manually stop out 6-8pips and set Sl at 20 just in case.
Linear Mode
