Recent content by ernie02

Is the following practice generally applied by brokers? - And how can I trade news events if these restrictions apply? (Read notice received from CMS Forex): The minimum range between a new stop or limit order and the market price is a function of current market volatility. It is obvious that...

Well this is it! I am going to leave this thread which has been so good to me. I cannot thank Williama enough for his idea although it was not without fault, but I have built on the idea and believe that I now have a system that can be traded profitably without great risk. Good luck to you guys...

theXone That sounds intriguing! Could you elaborate a bit more?? In a previous post I said: "I also place pending orders on other positions in between levels to even out the opening of orders." Are we perhaps talking about the same thing?

Autofx I did say the following: "Understand that I am not saying that we cannot develop an EA on Williama's principles that can make good profits, but to get the same results as he is getting there HAS to be human intervention." As a matter of fact I think and EA is essential for this trading...

The effort by Autofx (and others) to create a viable EA that can trade according to Williama's principles is admirable, but has anyone noticed the many times Williama interferes with his own rules to enable him to make the profits he does? To remind us of all the intricacies in this methodology...

Just had a look at Williama's demo account: Profit for the last week $174,654.52 !! Balance $974,843.43 - up from $100,000 !! Margin Level 881.40% I think we have to congratulate Williama with these magnificent results! I hope he still has access to this thread and reads it now and then...

Thanks for that input Aliassmith! I do intend to use the same spacing as Williama did since I understand he got to these numbers after a couple of years of testing and optimization. After a quick look at the spacing he uses I got the follwing numbers: EURGBP 25 pips GBPJPY 30 pips...

Autofx thanks a lot for that EA! You are obviously a star programmer! I am still trying to find a way to make this trading system practical for small guys like me trading on a couple of thousand dollar account and who cannot afford to close out. Here is my thinking: 1. At the beginning...

Is that it?? Is this the end of the story? Or are we going to take it further - even without Williama? I have a feeling that there is value here. Perhaps an adapted approach. I am certainly going to experiment with some adaptations to Williama's methodology. One that reduces the risk of flame...