Replies to post #17264 on Cycle Trading

[spdpro]

Roboforex >

Trading Conditions RoboForex: Automated Orders Execution, Lowest spreads, Up to 1:1000 Leverage; Minimum Lot Size of 0.01, >

what she is actually doing is anyone's "guess" but it's
autotrade eur/usd

[CITYHAWK]

"why try to reinvent the wheel when someone who has already perfected it is willing to give you access to it?" In addition it frees up a lot of screen time for one.

Hi Ywm

How you and family be?

i would agree with what you are saying above.
and
if is available , power to those who where lucky enough to be in that
energy field.

But

My only question about it is , how much lose does one take before they

stop chasing the signal , to work again. If they are not with the
creator of the signal.

For, when the markets mood changes , the system might not adjust or not adjust fast enough etc.

and the deep draw downs could be costly.

Perhaps better to learn how they created their wheel , work with them for a while , then find the subjectivity about it, when it is not working and make your adjustment or just play light till the market
allows for the system to work again.

Free up the screen time .

Maybe

1. Weekly Trend
2. Daily or 2 Day signal
2. 1 or 2 hour swing entry on a pull back or rally with in trend.

That is my take on it these days.

All the best and enjoy the skiing :o)
Or
Costa Rico Beach ing :o)

[Duma]

So I assume that you can down load the system into MetaTrader and then trade with signals that the system generates for you, right? Can always start small and see what happens.

I would assume that once you download the system, that you are able to see what triggers are being used. That would be interesting to know. From what little I have studied of FX trading, it looks the same as any other to me.

My 10min program generated 10 signals in 4Q. Had only a 60% winning, but had a stunning 16.4 w/l ratio. This was helped big time by a 50% gain at the start of the 11/2 run up.

So far this year there have been 4 signals. The last trade is open that started yday, which I caught this time. Of the 3 closed, 2 were winners with a w/l ratio of 3.2, which is more realistic.

Market is kinda of squirrely right now, so would not be surprised to see this last trade stopped out.