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Beginning to trade on Forex. I do not understand this. In the casino, I usually get lucky. I'll be here to write a report on its trade. Waiting for advice from the experts.
I opened a trading account. Put $ 1,000. I began trading.
In Europe the problem. Greece really bad. I sell the euro. By Friday, waiting for fall to 1.305 (now 1.328).
EUR/USD 1.341. Losses of up - $200. I'll be bankrupt. What should I do? Commit losses or wait?
It took 10 days. Profit is (1.328-1.322) x10000 = $ 60. The market is moving in the right direction, but speed is very small. I'm waiting for bad news from Europe.
Profit is (1.328-1.315)x10000 = $ 130. Profit increases. I increase the rate by 2 times.
Why the euro is falling slowly? I am already tired of stupid to look at the graphics and wait. It took 18 days. Profit is (1.328-1.312)x10000 = $160 and (1.315-1.312)x10000 = $30.
It took 22 days. Now I have $1330. Orders are automatically closed. Profit is (1.328-1.305)x10000 = $230 and (1.315-1.305)x10000 = $100. in total - $330 From Europe are positive news. I do not believe them. Euro continues to fall. I do not know what to do. I want to try automated trading. I'll try to create an indicator with LandOfCash Signal Indicator Wizard For LOCTrader Expert Advisor. I do not know where to start. Trooper send me the configuration file please.
I checked the withdrawal of funds from the account. My money given to me without any problems. Now, on my account $ 1100. I continue to explore automated trading, learning indicators. This is a lengthy process. In the market, nothing happens. I'm waiting ...
Today I missed the signal indicator.
I had a lot to do and I had no time to watch the market Forex.
The signal was very correct.
It would be nice if the indicator was able to send sms.
The figure you can see the status of my account.
Profit is (1.3228-1.3200)x10000 = $28.
SMS is good but anyway you still need your MT4 to be ON, connected and Indicator running. Usually you can order a VPS hosting account and setup all your indicators and EAs there with MT4 running 24/7 Also VPS is a good place to run LOCTrailing EA :)
Again I missed the signal.
It is necessary to draw a large poster (not off) and hang it on my computer.
Or solve the problem fundamentally, buy LOCTrader EA Advisor (
http://www.landofcash.ne...Advisor-LOCTraderEA.aspx ). It's time to start investing my project.
Edited by user
2012-03-22T17:47:17Z
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Reason: Not specified
I have a deja vu. In February, it already was. Loss is - $ 120. I switched to automated trading. I bought a expert advisor (LOCTrader EA Advisor), and use it with an indicator LOCSignal-MACDDoublePike. I do not understand why the rising euro. Indicator and I think that the euro should fall.
He entered the next signal from the indicator.
I opened up an order to sell the euro.
After one hour, did the same adviser. Why is it opens up the order late? We must understand.
How much will fall €? Where to take profits?
Pre-set profit at 1.310.
The figure you can see the status of my account. Loss is - $ 144.
Edited by user
2012-03-27T09:28:29Z
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Reason: Not specified
Hi Alex, LOCTrader EA opens orders on close of the bar. This is expected behavior of the EA to prevent opening on false signals. The signal indicator draws the arrow in real time but as the price fluctuates the arrow may disappear. When bar closes the arrow is fixed and will not disappear. LOCSignals are not "redrwaing" indicators. Historical signals are fixed on bar close and future price action doesn't affect historic signals prior current bar. We will also add an option to open orders in real time as soon as arrow appears this will be usefull for breakout signals for example day range breakout or moving average breakout and others. I'll inform you when it is ready. Hope I understood your question right and my comment makes sense. Thanks Mikhail
Thank you, Mikhail. Now I understand why yesterday there was a delay in the open order. I think we should add the ability to open an order by a specified time after the signal indicator. The delay time set in the initial parameters.
On Friday, closed on stop two orders. Profit - (1.3350-1.3338) * 10000 = $ 12, and (1.3341-1.3328) * 10000 = $ 13. If these orders were closed on Thursday, the profits were sent on mission would be $ 100 per order. Last week there is no movement of the euro / dollar. I think that the meaningless wait until the big fall euros, it can happen in a few months. During this time, you can earn good money. I think to start using - LOCTrailingMA is a Moving Average (MA) based order trailing expert advisor (EA). If you use the automated order stop loss trailing expert in their work, share their experiences with me. He entered the next signal from the indicator. I opened up an order to sell the euro (1.3340). Pre-set profit at 1.3210.
The figure you can see the status of my account.
Edited by user
2012-04-03T12:42:31Z
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Reason: Not specified
alex attached the following image(s):
777.png (193kb) downloaded 4 time(s).
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Today is a good day. Closed on profit two orders. Profit - (1.3340-1.3210) * 10000 = 130 and (1.3338-1.3208) * 10000 = 130. Total since the beginning of my forex trading profit amounted to 230+100+12+13+130+130 = $615. My expenses for this period were: the purchase adviser (LOCTrader EA) - $ 99.95 and payment modification indicator (http://forex-forum.landofcash.net/yaf_postst31_LOCSignal-MACDDoublePike-new-signal-indicator-EUR-USD-1H.aspx), duplication of the signal by e-mail - $ 100. Total costs are $200. Profits of 615-200 = $ 415 Account History: Initial Balance (February 21, 2012) = $ 1,000 Profit (April 4, 2012) = $ 615 Is derived funds (March 19, 2012) - $ 230 Swap - $ 4 Current account balance (April 4, 2012) = $ 1381
Closed the last open order. Profit - (1.3228-1.3115)*10000 = $113 Account History: Initial Balance (February 21, 2012) = $ 1,000 Profit (April 4, 2012) = $ 728
He entered the next signal from LOCSignal-MACDDoublePike.
I buy the euro (1.3065).
I strongly doubt that the euro will rise. So I put the profit very close (1.3114).
alex attached the following image(s):
888.png (171kb) downloaded 2 time(s).
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Closed the last open order. Profit - (1.3065-1.3114)*10000 = $49 Account History: Initial Balance (February 21, 2012) = $ 1,000 Profit (April 9, 2012) = $ 777 Yesterday, I had ignored a signal to buy euros. I thought that the euro will fall. But Indicator was smarter than me.
He entered the next signal from LOCSignal-MACDDoublePike.
I sell the euro (1.3143). LOCTrailingMA sell the euro (1.3110).
Pre-set profit at 1.3004.
alex attached the following image(s):
1204.png (170kb) downloaded 3 time(s).
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All orders are long closed. No new signals. It's boring.
Account History:
Initial Balance (February 21, 2012) = $ 1,000
Profit (April 19, 2012) = $ 927
Edited by user
2012-04-19T12:09:19Z
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Reason: Not specified
alex attached the following image(s):
1904.png (183kb) downloaded 2 time(s).
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Over the past four days was 3 signal. Adviser and I have opened four sell orders euros. Profit at 1.305. I'm waiting ....
alex attached the following image(s):
2404.png (174kb) downloaded 2 time(s).
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Advisor has opened two more orders.
Euro goes up.
Funds in the account is getting smaller and smaller.
I reduced the profits for all orders. Now, profits are set to 1.310.
alex attached the following image(s):
2604.png (185kb) downloaded 3 time(s).
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All orders are closed.
Account History:
Initial Balance (February 21, 2012) = $ 1,000
Profit (May 3, 2012) = $ 1314
alex attached the following image(s):
0305.png (175kb) downloaded 2 time(s).
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In Europe again, everything is bad. Euro falls.
The indicator can not understand this and always wanted to buy a euro. I turned off the indicator.
I look forward to when the situation stabilized and the indicator will work properly again.
alex attached the following image(s):
1405.png (161kb) downloaded 3 time(s).
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According to these diagrams I suppose it would be profitable
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