Hi guys,
Not many signals lately, I have opened a long trade a few hours ago on eurusd, stop loss at the signal value, no trailing stop yet and no take profit yet.
Dean Saunders has send another update, I will install tonight, only bug fixes and an updated manual.
Lots
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10-06-2009, 09:41 AM #11
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15-06-2009, 04:43 PM #12
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Hi guys,
Installed the new LMT update a few days ago, not many differences on the outside.
That eurusd trade hit the stop loss, it went down in a bullish way, which was too much for the stop loss.
But I think I am still entering the orders at the wrong moment, I did it in the morning when I noticed the signals, but I think the trades must be entered right after the signal is given, do a quick check of the 4 parameters to be checked and enter the order when everything seems OK... Right now I have not the posibility to that, because I am on vacation, but I will start doing it this way right after I get home.
Right now I had orders opened at the time a huge candle allready had formed.. and retraced quite a few times, causing the trades to hit the stop loss..
Maybe I should use the two candle stop loss procedure, in stead of teh stop loss value in the signal... Will try this as well and see how that works.
Ok, that is it for now, will be back in a few days,
BTW, any comments or advise is appreciated, so make it more like a discussion, then only me floating the forum with my experiences :-)
Take care
Lots
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