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Old 06-25-2007, 06:20 AM
flexie flexie is offline
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np Bossxero, as the Cat mentioned ...

Now on the topic, I am working on this exact situation. My daughter likes forex, but not the lifestyle. Where we live, the Frankfurt starts at 00:00 Mountain Daylight Time, and she doesn't like working through the night.... although my 16 yr old son thinks its cool.

I initially took a system I use on the 15 or 30 minute charts but it is too slow on the reversals, with too many false signals. She is winning big on some trades, but the losses are big too. Shall keep you informed of our progress.

Would you be opposed to an H4 or lower, if it sent out an email when it was time to make a decision? On the larger time frames, I am considering using the EA as more of an "advisor" than auto trader. In otherwords, call me to the pc when we are in a decision zone, and I'll take it from here. In this way, a PDA or mobile laptop could be used away from the trading station.

I've often wondered if a simple trend line break would be best. We draw the trend line, the EA senses the object and trades when price closes across the line. I already have this for trade exit.

Which are you hoping to trade, the trend or the ranges?

Last edited by flexie : 06-25-2007 at 06:53 AM.
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