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  1. #11
    minwong is offline Banned
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    Feb 2008
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    56

    Default

    Here is my updated statement after June 09 2011. It was a very profitable day.



    [IMG][/IMG]

  2. #12
    kmdodani is offline Junior Member
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    Jun 2011
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    13

    Default what timeframe

    Hi

    what Time Frame do you guys use ? I also have this software which i recently purchased. I dont see the kind of profits you guys show in your statement.

    how do you set the TP as their system does not give TP

    please advise me. Thank You

  3. #13
    kmdodani is offline Junior Member
    Join Date
    Jun 2011
    Posts
    13

    Default hi

    Hi

    I just got a signal on euro usd to sell at 4328 and its hitting my sl. I dont believe the performance of you guys.

  4. #14
    minwong is offline Banned
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    Feb 2008
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    I use it on the daily chart. You will get occasional loses but you should win much more if you know how to use the trade. The moment you see a profit, just move your stop-loss to break-even and let it ride. I don't personally have a take profit price. The moment I see that price is retracing I exit my trade.

  5. #15
    kmdodani is offline Junior Member
    Join Date
    Jun 2011
    Posts
    13

    Default hi

    ok fine today i used H4 and got 4 losses out of 4 signals i took. The barsago setting is set to 2 by default. what do you use it as, whats your barsago setting?

    I am just not able to get any profit. also on daily usdchf gave a buy i took that and it hit a stop loss of 50 pips so loss on daily also.

    euro was again and again giving sell at 4331 and i sold once it went to 4350 and hit sl, it came down again there and i sold again but once again went to take stop loss.

    Please suggest me something, i have made tons of losses today with this system

  6. #16
    kmdodani is offline Junior Member
    Join Date
    Jun 2011
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    13

    Default fac

    do you use FAC ? I used FAC it says GBP USD only sells buy had a buy price and the moment it hit buy price it went up and is in 50 pips profit but I didnt take as FAC says take only sell signals on gbp

  7. #17
    FrankTheTank is offline Banned
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    Jun 2011
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    15

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    4 loses in a row? That's hard to believe! I am curious to know at what price you took those trades. On sundays though its never a good idea to trade.

  8. #18
    minwong is offline Banned
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    Feb 2008
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    56

    Default

    If you lost 4 trades already, you must have done something wrong. Did you move your stop when you were in a profit?

    I dont use the FAC Recommendation. The only time you use it is when you trade the lower time frames. That's what they told me. Because the high time frames itself dictate the momentum. So its not needed for the D1 and over.

  9. #19
    kmdodani is offline Junior Member
    Join Date
    Jun 2011
    Posts
    13

    Default hi

    yeah man 4 losses in a row

    I was trading H4

    1. Sell euro usd at 4331 SL 4350 it hit -just went 2 pips in profit
    2. Once again it asked to sell euro usd when it came back to 4331 and again hit sl of 4350
    3. USDCHF D1 gave a buy at 8440 with sl 8396 - SL HIT
    4. GBPJPY sell at 130.56, SL 130.88 - went 15 pips in profit then SL Hit.

    someone please help

  10. #20
    minwong is offline Banned
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    Feb 2008
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    56

    Default

    On usd/chf you had a perfect opportunity to move your stop to break-even. That trade would not have been a loss. It went up a good +30 pips in profit.

    Why did not not do that?!

    And ya if I were you I would avoid trading on a sunday. Wait for the us session on monday and then start trading.

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