#831 (permalink)  
Old 06-02-2010, 06:22 AM
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Hi Alex and all in thread,
Fairly new to forex although we have been trading for a while. Have been following this thread with a great deal of interest - many interesting posts! I am looking to purchase ProFX within the next two weeks and would like to ask a few questions as they come to mind.
Fistly, Alex, I also am trading through Interactive Brokers. Does ProFX link to their live data feed or does it require a seperate subscription? The actual platform I use is Spectrum Live. Will this work ok?
Just placed first live trade using todays suggestion so keeping fingers crossed. Been using simple systems recently without much luck!
Thanks to all you guys for contributions to thread - has been very enlightening indeed. Hope to be able to contribute something useful myself as the education rises!
Cheers for now, Brian.
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  #832 (permalink)  
Old 06-02-2010, 07:07 AM
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Quote:
Originally Posted by ForexEASystems View Post
GBPUSD LONG

Entry: 1.47292
Take Profit: 1.48292
Stop Loss: 1.46630



Alex, can I please get some clarification on the stoploss. The stoploss in this trade is 66 pips. But you have never lost 66 pips on any of your trades before, so you obviously dont intend on using it.
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  #833 (permalink)  
Old 06-02-2010, 08:38 AM
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Stopped out again, on a change of direction arrow.
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  #834 (permalink)  
Old 06-02-2010, 08:52 AM
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Yes seems the fails are becoming more common than the wins
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  #835 (permalink)  
Old 06-02-2010, 10:01 AM
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Yet again – one of those days. If only I knew beforehand if it's going to be choppy, my trading life would be much easier.
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  #836 (permalink)  
Old 06-02-2010, 11:51 AM
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These choopy days makes me crazy
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  #837 (permalink)  
Old 06-02-2010, 11:36 PM
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Dang! First try and down in flames...ah well...thems the breaks...
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  #838 (permalink)  
Old 06-03-2010, 07:11 AM
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Looks like a top not sure I would wait for an arrow to exit as close to yesterdays high but guess if you go by the rules
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  #839 (permalink)  
Old 06-03-2010, 07:49 AM
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Quote:
Originally Posted by wanelad View Post
Looks like a top not sure I would wait for an arrow to exit as close to yesterdays high but guess if you go by the rules
Yep, this current UP arrow looks over extended from the Asian Session, may look to buy a Dip into 1.4674 . But we have news in less than 45 min. If not a break out of the top at 1.4741 . Next 30 min should tell the story.

These continuation moves from earlier session are the worse.

Time 3:50 am et
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Old 06-03-2010, 08:50 AM
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Quote:
Originally Posted by Detail View Post
Yep, this current UP arrow looks over extended from the Asian Session, may look to buy a Dip into 1.4674 . But we have news in less than 45 min. If not a break out of the top at 1.4741 . Next 30 min should tell the story.

These continuation moves from earlier session are the worse.

Time 3:50 am et

Its now 4:49 am et, about 54 min after my first post above detailing my levels. With the GBP/USD making as low of 1.4673, I posted almost 43 mins before the move a low of 1.4674 in my first post. The PMI News for the GBP/USD has been released with a reading of 55.4 vs 55.7.

The reason for my first post was to make a point that if “anyone” wanted to give “Real Time” trade calls with regards to price projection there is more then enough time to do so in “Real” live markets instead of “After the Fact”. In order to help traders and prove the software works, since most seems to be getting “killed” lately with trades reversing on them shortly after they enter.

Last one Time 4:47 am et , Should we break below 1.4627. WE will not only have seen a Down Arrow show but we may very well test a low of 1.4591 before we see any bounce.

Bear in mind we still have lots of news during the US session, starting off with ADP.

This is the kind of analyses that I think should be posted here in “Real Time”. If you really wanted to help traders get a grip on any software.

Time 4:49 am et
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