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-   -   any know of a good "set it and forget it syst (https://www.forexlasers.com/forums/forex-systems/160-any-know-good-set-forget-syst.html)

crt4x 24-03-2009 00:59

any know of a good "set it and forget it syst
 
Right now I work full time during the day. Would like to know a good set and forget system I could set up during my evening at home. Anybody have one?

Hanoverfiste 24-03-2009 01:12

yes, but its a news trade.

The strategy will be set at 11:00pm CST on the 30 Minute GBP/USD chart.
You will want to make sure that there is GBP and USD news the morning
you are going to trade. I set a pending trade both Long and Short to catch
the breakout while I am asleep.
First you will want to make sure
that there are at least 2 news events on the GBPfor he morning after you set the trade

At 11:00pm CST on a GBP/USD 30 minute chart you will look to see if you
have a flat line with the Highs and Lows for 12 candles (6 Hours) back. This
means that if you draw a line, between the high and low it
does not exceed 100 pips.

set pending trades 20 above the high and low, 30 pip TP , sl is set @ half the range.

~fade~ 24-03-2009 13:09

I tried something similar to this a while back, but more often than not, price would just tap my Buy Stop & then swing in the opposite direction all the way to my SL. Or vice versa. Was a great way to lose money while I was sleeping!


What's your success rate using this strategy?

realestatemichigan 24-03-2009 14:56

Quote:

Originally Posted by Hanoverfiste (Post 1325)
yes, but its a news trade.

The strategy will be set at 11:00pm CST on the 30 Minute GBP/USD chart.
You will want to make sure that there is GBP and USD news the morning
you are going to trade. I set a pending trade both Long and Short to catch
the breakout while I am asleep.
First you will want to make sure
that there are at least 2 news events on the GBPfor he morning after you set the trade

At 11:00pm CST on a GBP/USD 30 minute chart you will look to see if you
have a flat line with the Highs and Lows for 12 candles (6 Hours) back. This
means that if you draw a line, between the high and low it
does not exceed 100 pips.

set pending trades 20 above the high and low, 30 pip TP , sl is set @ half the range.


Very interesting. I will try this concept and see how this will work for me.

Thank you for sharing!

lrathi 25-03-2009 07:08

Quote:

Originally Posted by crt4x (Post 1322)
Right now I work full time during the day. Would like to know a good set and forget system I could set up during my evening at home. Anybody have one?

Yes it is one off paid service. Not allowed to advertise here. Send me a PM if you want details. 100% accurate and signals sent by SMS or email. Semi automated. Enter manually and EA will close the trade.

raptor 30-03-2009 15:07

Quote:

Originally Posted by lrathi (Post 1490)
Yes it is one off paid service. Not allowed to advertise here. Send me a PM if you want details. 100% accurate and signals sent by SMS or email. Semi automated. Enter manually and EA will close the trade.

Wow thats great.

Hanoverfiste 30-03-2009 19:46

easily 80 percent.. widen the stoploss if your hitting it all the time,


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