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your own principles is the key 


making money in market is like riding unleashed furious (crezy) bull and catching money while riding him


so go by your own principles because no one knows what perfect way is

EURUSD Recovers, Eyes Further Bull Pressure Towards 1.1879 Region

EURUSD: With the pair seen following through on the back of its Wednesday gains on Thursday, more strength is expected in the days ahead. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Its daily RSI is bullish and pointing higher suggesting more strength. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600. All in all, EURUSD continues to face recovery threats with eyes on 1.1879 zone.

EURUSD Closes Higher But With Caution Of Pullback

EURUSD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.19500 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1800 level where a violation will aim at the 1.1750 level. A break of here will aim at the 1.1700 level. Below here will open the door for more weakness towards the 1.1650. All in all, EURUSD continues to face further bull threats.

Strategy: Sell at 1.1811, Stop loss at 1.1880, Price target at 1.1711 & 1.1670

4

(6 replies, posted in GOLD Trading. (Forex Trading))

The price of gold has been escalating positions and surpassing short-term resistances, with major volume increases, in a bullish channel since July. The current prices are in the 1,330 dollars and the average 200 sessions are in the 1,280. The bull hole left on September 4 functions as a major level of support and could guide prices in the coming weeks.

In my view GBPUSD market will go up and hopefully the resistantlevel is strong now and bull will start dominating in market within a very short time. So the entry point will be at 1.2949 to the buyers and the target point will be at 1.3139.


https://charts.mql5.com/16/12/gbpusd-d1-instaforex-group.png 

Hello artibe21

The machine opens positions mainly during important economic data with three heads of the bull.
I'm sending you a set. File with MM running.

Regards
Christopher

Hi Kumeil Munir.

This EA opens positions only during strong price warrants.

Best seen during economic events with three bull heads. You have to be patient.

Regards
Christopher

Ps. I'm sending the settings files again.

With the combination of fibo nacci and moving average wehave a nice point at 1.4592 to make an entry and we are seeing that market has already touched the point and according to my assumption market will move to bull sight and the next target will be 1.4690.

https://charts.mql5.com/15/746/eurcad-h4-instaforex-group.png

Update:
All 3 demos running FX Magic Robot handled the GBP surge on cable (18/04/17) really well, P/L ranging from 4.02% to 4.53% over the last 24 hours via VPS, accounts all started with exactly same equity, so variation on account simply down to latency, spread and commission ... Still only executing Short trades in both Bull and Bear Short-Term trends, can only assume this is deliberate or because the overall Long-Term trend takes priority over executions.
Great performance when managed correctly, news filter is an absolute dream, however, would still advise watching out for unscheduled news as anything over about 200 pips without a significant enough retracement to trigger TP (TP was set to 40 pips, looking back of this specific scenario I don't think 30 would have helped) things could get really messy.  Other than that, and absolute pleasure to watch it farming away.
Bizzle.

- Previous:
Hi Misty
FX Magic Robot isn't looking too bad, but the one thing that is confusing the hell out of me is why it has been exclusively opening sell trades, especially in an incredibly Bullish trend!  Stats from back testing suggested it would do this (439 Short vs 32 Long), but it doesn't seem like it's a particularly healthy thing to do in such a strong trend from today (GBP/USD).  Off the cuff, I can't help but feel it may be due to being more suited for 15m rather than 5m as it does use EMA and MACD to pick it's on signals... thus, out of sync for time frame based on EMA perios or similar?  (Back testing alone does not confirm this) Have been testing on Demos, today was the first time via VPS, am hoping to take it live in a week or so if cleans up its own mess from today.... but to be fair to it.... 1355% margin left based on recommended lot sizes for capital and 8 open orders is hardly that bad,
On a side note, as a newbie to the forum I really appreciated your Zippy file sharing as haven't been able to download from just links and for some reason, the site and my computer really don't get along (often takes over 5 attempts just to reply to a post).
In the meantime, take it easy and watch GBP/USD over the short-term, some serious support and resistance barriers being messed with (spike through 1.28000, stabilising at 1.28400... expecting more shenanigans at 1.28500) Peace, Bizzle

Johan Jagst wrote:

i have started 50€ account. no changing settings. is that normal that the robot only do sell orders.


Hey man i have the same situation, just only 1 op buy, seems strange because the EA on my pair USDCHF just opened only Sell trades in a bull trand :| ???...i don't understand

Well i'm going to sett a low lot increment because i don't like the martingale strategy is too much dangerous, for the others settings seems all ok.

The EA don't open trades today, seems have a friday no trade condition. Just close in profit the still open trades.

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