You are right, price turned against me, but I had already moved my s/l to lock in 15 pips of the move. When I checked on the trade a little later I saw that I was knocked out of it. Today's total +212 pips!

jtre are all those pips from using the bouncing pip system?

Yes, all of the pips made, were from the bouncing pip system.

Hi Bigbear,

Very nice thread! I have been following this one for a few days.

Maybe I can give a try to the questions:
1) BARN = number of bars to use
2) FROM = most recent bar to start with
3) Alert signal is set to every new bar which meets the conditions

regards,
nohills

Hey walterw,

Its up to you. I check every few hours, but I am comfortable with it. In time you may also decide that.

Also depends on which time frame you use.

Hope that helps,

Bear-

Hey walterw,

If I get the chance to break even or more i always take it. Although I like to be carefull not to make the stops 2 tight.

I made that mistake about 2 weeks ago & got stopped out with +150 the it went over 1000!!!!!

I kicked myself for that. But 1000 pip move in a trading week in not uncommon on the POUND/YEN.

Hope that helps,

Bear-

Hey walterw,

Thanks for the kind words.

All the best,

Bear-

Hey jtre,

Very good job!!

That shows how easy it is to just jump in. Learning curve is small as long as you dont try to complicate it.

Im saying it cant be improved upon, but by itself it works great!!!

Keep It Up & Keep Me Posted..

Bear-

Hey droesparky,

I should have said something from the start but we call this system FTC which is short for FLOOR TO CEILING. In case you see it elsewhere that is the orignal name for the system. Not that its a big deal or anything but copycats run wild in the forex world so just so you all know..

Thanks,

Bear-

Hey nohills,

Thanks for the info.

About the alert i meant is there a way it can keep ringing until we stop it. Like if im sleeping I wont wake up with that little ding

Thanks,

Bear-