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Discuss ForexMorningTrade.com (Mark Fric)

General discussions of a financial company
November 26th- Went passed 20 pips moved SL to breakeven then trade turned and hit SL, 0 pips
pips since going live -5
 
Cathy

how is the Forex BreakOut Genious doin compared to FMT?
would be nice to see any results for this......
 
November 26th- Went passed 20 pips moved SL to breakeven then trade turned and hit SL, 0 pips
pips since going live -5

I'm found the Extended version is a bit better, it starts 30 minutes prior to FMT. For either version, 35 TP, your brokers spread plus 40 for SL (about 44).

For FMT 20 Break even, and the extended version, 25 Break even.
 
oooooouuuuuppppsssss

:embarrassed: put the wrong numbers within the loss boxes.......
here´s the fixed one :mad:
 

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I'm found the Extended version is a bit better, it starts 30 minutes prior to FMT. For either version, 35 TP, your brokers spread plus 40 for SL (about 44).

For FMT 20 Break even, and the extended version, 25 Break even.

And overall you are having a higher rate of success? You trade the same system just a half hour earlier, same TP and SL plus spread but move break even to 25?
 
If that is the correct strategy, I tried backtesting it and found that the standard way provided better results
 
hi FXCO

If that is the correct strategy, I tried backtesting it and found that the standard way provided better results

backtesting is a way I never liked. It´s not even near the results you will recieve with live trading. Even demoing is not the holy grail. I have two different demo accounts at two different brokers and it happens that one broker opens the trade and the other says no Trade. And at my live account the trade opened........
So have a look to my weekly sheet, the half an hour earlier is a good one but to be shure is to run it live with small risk because even the live accounts between the brokers are different. I use FXDD Malta for this.
 
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