Steinitz HAS MTF **Theory & EA**

[watchout4me]

Originally Posted by Dave2

I use Capital Spreads in the Uk (I live in England), the big advantage for us is that we don't pay tax on our winnings.

Dave, you don't have the EA yet, do you?

if you use it, how do you apply it to trade?

I'm in UK as well.

I'm thinking which i should go for, spreadbetting company or a forex broker which I'll be able to use the EA.

any UK guy can advise pls.

thanks

[sehs4u]

Don ;


you wrote "I suggest and personally use the monthly as the main trend. I get to participate in ALL the counter trends from weekly down to 1 minute."

Do you mean that you set your EA to 1-9? and can you please attach the setting file which you use it in your life trading? (if it is different than the deafult set of the EA).

Thank you

[sehs4u]

Don

Let me understand this well from you "I suggest 500 minimum for the micro account. Place 2% each trade with max of 12 positions"

2% ia $10 and onle lot is $50 margin. so do you suggest trade 0.2 lot for each pair with max. 12 pairs? just i wnat to translate 2% each trade to lot number.

Thank you

[Dave2]

Hi watchout4me, appologies for the late reply. I've recently got the EA of Don, using an EA is totally new to me and am learning about its use as I go. I have found a uk based broker which has MT4 trading platform. ODL securities, not sure yet whether it is a spreadbet broker.

can anyone say which 10-12 pairs Don trades with the EA.

Dave

[steinitz]

Originally Posted by sehs4u

Don ;


you wrote "I suggest and personally use the monthly as the main trend. I get to participate in ALL the counter trends from weekly down to 1 minute."

Do you mean that you set your EA to 1-9? and can you please attach the setting file which you use it in your life trading? (if it is different than the deafult set of the EA).

Thank you

No. I use 1/6. I was just making a point.

[steinitz]

Originally Posted by sehs4u

Don

Let me understand this well from you "I suggest 500 minimum for the micro account. Place 2% each trade with max of 12 positions"

2% ia $10 and onle lot is $50 margin. so do you suggest trade 0.2 lot for each pair with max. 12 pairs? just i wnat to translate 2% each trade to lot number.

Thank you

Mini acct = 5000.00
2% is 100.00 margin (on USD based currency)

Micro acct = 500.00
2% is 10.00 margin (on USD based currency)

Don

[steinitz]

Originally Posted by Dave2

Hi watchout4me, appologies for the late reply. I've recently got the EA of Don, using an EA is totally new to me and am learning about its use as I go. I have found a uk based broker which has MT4 trading platform. ODL securities, not sure yet whether it is a spreadbet broker.

can anyone say which 10-12 pairs Don trades with the EA.

Dave

EUR/USD
GBP/USD
AUD/USD
USD/JPY
USD/CAD
USD/CHF
EUR/CHF
EUR/JPY
EUR/GBP
GBP/JPY
CHF/JPY
CAD/JPY

[Dave2]

Many thanks Don.

[ashraf_65]

Don

Using manual version of this strategy, Could I make my entery TF is the 5 minutes as a rule . My aim is to catch many pips as I`ll start with very early change in colour.
I need your comment please.

Thanks alot.
Wish to see you in Egypt soon.

Dr.Ashraf
Urologic Surgeon

[watchout4me]

Originally Posted by Dave2

Hi watchout4me, appologies for the late reply. I've recently got the EA of Don, using an EA is totally new to me and am learning about its use as I go. I have found a uk based broker which has MT4 trading platform. ODL securities, not sure yet whether it is a spreadbet broker.

can anyone say which 10-12 pairs Don trades with the EA.

Dave

you've just got the EA,

how is your setup? my EA triggered 6 trades this morning, i'm still in negative.

maybe my setup is not right