Signal for Feb 15, 2008

February 15, 2008

EUR/USD:
LONG
Stop 1.4530
Target 1.4995

USD/JPY:
LONG
Stop 107.00

GBP/USD:
LONG
Stop 1.9545
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0130
Target 0.9760

AUD/USD:
LONG
Stop 0.9000
Target 0.9050

NZD/USD:
SHORT
Stop 0.7920
Target 0.7785

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 14, 2008

February 14, 2008

EUR/USD:
LONG
Stop 1.4530
Target 1.4995

USD/JPY:
LONG
Stop 107.00

GBP/USD:
LONG
Stop 1.9545
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0130
Target 0.9760

AUD/USD:
LONG
Stop 0.8920
Target 0.9050

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 13, 2008

February 13, 2008

EUR/USD:
LONG
Stop 1.4480
Target 1.4995

USD/JPY:
LONG
Stop 106.45

GBP/USD:
LONG
Stop 1.9440
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0130
Target 0.9760

AUD/USD:
LONG
Stop 0.8870
Target 0.9050

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 12, 2008

February 12, 2008

EUR/USD:
LONG
Stop 1.4360
Target 1.4995

USD/JPY:
LONG
Stop 106.30

GBP/USD:
LONG
Stop 1.9385
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0130
Target 0.9760

AUD/USD:
LONG
Stop 0.8870

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 11, 2008

February 11, 2008

EUR/USD:
LONG
Stop 1.4360
Target 1.4995

USD/JPY:
No Trade

GBP/USD:
LONG
Stop 1.9330
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0350
Target 0.9750

AUD/USD:
LONG

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 08, 2008

February 8, 2008

EUR/USD:
LONG
Stop 1.4360
Target 1.4995

USD/JPY:
No Trade

GBP/USD:
LONG
Stop 1.9330
Target 1.9960

USD/CHF:
No Trade

USD/CAD:
SHORT
Stop 1.0130
Target 0.9760

AUD/USD:
LONG around 0.8910
Stop 0.8870

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

POINTBREAK EA New Demo Relese (Build Feb 8, 2008)

February 8, 2008

I release a new update for PointBreak 5 Expert Advisor Demo Version.
(Build Feb 8, 2008)

The new update include:

  1. Fix on M1 cycle lotsize bug.
  2. Additional Parameter for M-cycle:
  3. The new demo version will expired until June 2008.

Before download the new demo release, please read additional informations below: 

The logic behind Pointbreak EA is:

  1. Pyramiding system; we add more positions as the market is moving in our favor based on technical analysis.
  2. The pyramiding technique work best on situation where the positions become skew to 1 direction.
    For uptrend market, the EA work best if the positions skew to LONG positions;
    and for downtrend market, the EA work best if the positions skew to SHORT positions.
  3. Point Break EA will profitable on a trending market and cause a drawdown on very choppy market.

Problem with All Technical Analysis Trading System: 

The problem with all technical analysis strategy trading strategy is all indicators will be useless against sudden fundamental news that moves the currency against our positions.

On January 2008: EUR market was very choppy because of 2 times cut rate on USD and the first time was above all expectation; the news caused some drawdown in M cycle. (if your M cycle opened lot of sell positions before the news came; or you did not manually interrupted the EA when you hear the cut rate results).

How can you manually interrupt PointBreak EA?

You can interrupt the logic behind PointBreak EA using MSP ABOVE or MSP BELOW functions.
MSP ABOVE functions: Moving the Starting Point above the current positions.
MSP BELOW functions: Moving the Starting Point above the current positions.

Now, I will explain how to solve the drawdown at M cycle using manually MSP (Moving Starting Position) for the current situation.

FIRST:
We need to detect where the EUR market will go (in the following weeks).

My last prediction this week for EUR: EUR will fall below 1.4500 before continue uptrend towards above 1.4850 next week. The low if it possible should be remain above 1.4360.

IT MEANS THAT WE NEED TO SKEW THE POINTBREAK EA POSITIONS TO UPTREND DIRECTIONS, BY CLOSING SOME PROFITABLE SELL POSITIONS AND ADDING SOME BUY POSITIONS IN ORDER TO CLOSE OUR M-CYCLE PROFITABLE.

SECOND:
We need to manually Moving the Starting Point BELOW (for Special Editions).

These are the steps to manually MSP BELOW (the time I write this message, EUR is at 1.4490):

  1. Close the profitable SELL position (in your M cycle).
  2. Move the Start Point M1 to last highest SELL position (in your M cycle)
  3. Open the Global Variable and set variable MACDBUYSELL to 0.
  4. Restart your MT4 platform.

(You need to open the Comment at your MT4 trading platform to get informations which positions are C-cycle and which are M-Cycle.)

For more information about MSP ABOVE and MSP BELOW (for SE Editions and Full Editions), please read additional PointBreak EA Tutorials at our forums.

If you need guidance or have some questions about MSP functions, post it at our forum.

NEW UPDATE ON POINTBREAK EXPERT ADVISOR (Build Feb 8, 2008):

  1. The new release fix lot-size problem on M cycle; which sometime set back to 0.01 if you accidentally change the period or restart your MT4.
  2. There are additional 3 new parameters for M cycle:
    M1_Lot_Multiply = 2;
    M_Buy_Pos = true;
    M_Sell_Pos = true;

Note:

  1. By default M Cycle will open new positions with 2x bigger then C cycle.
    If you fill M1_Lot_Multiply = 1, M Cylce will open new positition with lotsize same as C cycle.
    (if you do not like the M1 Lot-size bigger than C cyles).
  2. M_Buy_Pos (default= true)
    If you fill M_Buy_Pos = false, the EA will not open Buy Positions on M Cycle.
  3. M_Sell_Pos (default=true).
    If you fill M_Sell_Pos = false, the EA will not open Sell Positions on M Cycle.

When we need to set the Parameter M_Buy_Pos & M_Sell_Pos to FALSE ?

You can set the parameter to false if you do not want the EA to add positions to 1 direction.

For example:
You sure the EUR market will be uptrend in following weeks.
If you set the M_Sell_Pos to FALSE, it means you do not want the EA to open another SELL positions which cause additional drawdown when EUR really going up.
(The EA will not open SELL positions on M cycle until you set the the M_Sell_Pos to TRUE again).

IMPORTANT BEFORE YOU UPGRADE TO NEW RELEASE (BUILD ON FEB 08):

  1. You need to check your Global Variables, the lot-size for M Cycle must be the same with C cycle.
    If your C cycle opened the positions using 0.02, your M lot-size in global variable should be 0.02 too.
    Please update your M lot-size.
  2. After that restart the MT4.

To download new release: click here

This new release will show (Build Feb 8, 2008) at your chart (It will expire on June 2008).

I will send the updated EA for those who already bought PointBreak EA (which locked to your account) on this weekend.

And I plan add facility for those who bought our EA: there will be special member area which you can get daily predictions on the market and suggestion on what should you do with your Pointbreak EA on daily basis.

Also we will have more facility (new trading system, really good trading signals, etc on our member area).

Posted by gagahlin | Filed Under Trading News 

Signal for Feb 07, 2008

February 7, 2008

EUR/USD:
LONG around 1.4590
Stop 1.4505
Target 1.4725

USD/JPY:
No Trade

GBP/USD:
LONG around 1.9440
Stop 1.9330
Target 1.9695

USD/CHF:
No Trade

USD/CAD:
SHORT around 1.0190
Stop 1.0390
Target 0.i9750

AUD/USD:
LONG

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 06, 2008

February 6, 2008

EUR/USD:

LONG around 1.4590

Stop 1.4505
Target 1.4725

USD/JPY:
No Trade

GBP/USD:
No Trade

USD/CHF:
No Trade

USD/CAD:
SHORT around 1.0125
Stop 1.0350

AUD/USD:
LONG around 0.8950
Stop 0.8905
Target 0.9000

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

Signal for Feb 05, 2008

February 5, 2008

EUR/USD:
LONG around 1.4560
Stop 1.4355
Target 1.4955

USD/JPY:
No Trade

GBP/USD:
No Trade

USD/CHF:
No Trade

USD/CAD:
SHORT around 1.0150
Stop 1.0390
Target 0.9750

AUD/USD:
LONG around 0.8970
Stop 0.8810

NZD/USD:
No trade

Posted by tradingroom | Filed Under Free Trading Signals 

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