What are you using as the Take Profit and Stop loss?
I use preset TP's and SL's
Edit:
I see you only hold for one day. I hold for as long as it take to hit my SL or TP.
Search found 5 matches
- Fri Jun 09, 2006 3:24 am
- Forum: Forex
- Topic: Forex Trading With API
- Replies: 17
- Views: 20841
- Fri Jun 09, 2006 2:20 am
- Forum: Forex
- Topic: Forex Trading With API
- Replies: 17
- Views: 20841
- Fri Jun 09, 2006 1:24 am
- Forum: Forex
- Topic: Forex Trading With API
- Replies: 17
- Views: 20841
H i BARLI, Yep when I get a move outside the top band (Bid Price) I short the currency, If I get a move outside the bottom band (Ask Price) I go long. Based on 13 bars and 2.4 STDV 15 min time frame. It does get flogged in a strong trend market so I have gone looking for two solutions. 1. Create a t...
- Sat Apr 08, 2006 9:33 am
- Forum: Forex
- Topic: Forex Trading With API
- Replies: 17
- Views: 20841
Interesting read. Not sure how it relates to my question though. I think moon cycles have a roll in things like wheat simply becase of the season. The moon will aline with a seson here and there and as wheat is a seasonal thing it may have an affect on supply and demand. Just my 0.000002c worth. I h...
- Fri Apr 07, 2006 3:07 am
- Forum: Forex
- Topic: Forex Trading With API
- Replies: 17
- Views: 20841
Forex Trading With API
Hi Guys, I have just found your site and read thorugh alot of your posts. Seams like there is some good info here. I currently trade FX via API at Oanda.com and am looking for some feedback on a system I use. The system is based on Bollinger Bands and has been performing well. The problem is when th...