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+1 blew $10,000 in 5 hours till I got that message too.

1.42 is pretty well supported. The consolidation & range trading 1.4198-1.4248 is evident of that. if it goes to 1.43.. i see resistance on the upside at about 1.4331~1.4346

i would recommend buying in on the dips above 1.4200.. Just saw a very sharp rise from 1.4215 to 1.4240.

Depends on account balance. I'll trade 1 mini per $1,000/equity, regardless of time-frame. Usually enter on the 5-minute time frame. M30 & H1 confirmation. edit: We keep 6-fig digits on our brokers because we aren't courageous as traders who trade standard lots with a $1,000 account...

Major break at $1.4203.. If this level holds, I am bullish with T/P set at 1.4331. If this level doesn't hold, I am bearish with T/P set at $1.4155 150,000 units @ $1.4230. Stop @ $1.42, T/P $1.43 75,000, remaining 75,000 @ $1.4331

Yes yes your totally right. I don't trade the system manually, I just take a lot of random variables and "optimize" to see what works.

I haven't live tested this yet so bear with me. I used those settings because they gave me the best results. I don't mind holding onto a trade. I need to give it wiggle room. I have the EA set-up to make 1 trade at a time. Whenever it makes a trade (based on strategy tester) trade...

It's 6AM EST and I have spent the last 10 hours trying to automate this strategy. Promising results. $1,000 initial deposit $1/per point (mini lot) 5 point take profit stop-loss 100 points

I have to say, very good call!. Got in around $1.3910, exit at $1.4000 Again, good job!

Thanks for the links. I am good with C++/MQL but only when it comes to making indicators. When it comes to EA's, forget about it! Oh and.. it's not a bollinger band. It is a modified keltner channel. More specificly, moving average of keltner channel.

S&P may open higher than yesterday's close. Look for a dip below $915.66. 5th wave starts there.. cross ur fingers..

eurcad example

Been working on a dependable scalping strategy. Will be testing live today.. Looks like it works fairly well.. (pictures attached) I hate waiting for bars =\. I need to figure out how to automate this.. :@ The "Bands" above/below price are stress-price levels. good entry points...

what do you mean? Like if you bought eurousd, and then it appreciates, you take your capital gain and then take that gain to invest into securities? If that is the case, then yes. Why do you think the eurousd pair plummets when the major market indices also drop? Investors are taking...

Look up "The Collective FX." Nice spreads. But you need to pay a monthly fee for access. fee depends on monthly volume. happy trading!

Waiting for a reversal. Daily buying pressure is wearing off, positioned for shorts. Weekly selling pressure is also wearing off...positioned for longs. Tough decision to make. Price to watch is $1.3713. Strong buy-ins expect t/p @ $1.4180. Other than that, short-bias. (short...

Just got out with 190 pips at $1.3763.

Looking at 4-hour data. I am inclined to sell below $1.3953 TP @ $1.3730. It has broken weekly level of $1.4201. So a major short is coming.. Next 3 weeks I foresee it breaking $1.3713. Might see a short term rise to $1.4097, $1.4123 and as high as $1.4145. (looking at 1-hour) Happy...