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Signals By Fmfx
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=887		 Page 19 of 29
Author:  Fmfx [ Fri Nov 23, 2012 11:11 am ]
Post subject:  Re: Signals By Fmfx
Mike wrote:Hi Fmfx
I do not know, why I follow you. To my surprise I have complete trust and you can be sure I am very thankful for your sharing and for the results so far. Actually I have no words.
The technical part with trade copier works perfectly. All I have to do is to watch and have patience. Every morning I check your Prime XMFX Bridge and my heartbeet goes only down, when I see it is still running :D
As you most likely can immagine, I wonder what your criteria for your trades are ... For now, they are just a gift and I want to thank you :D
Mike

PS: To be honest I hope to become as skilled as you someday. ;)
Hi Mike

Thank for the compliments and for flattering me :)

I already spoke a little of how I trade on page 16, but the main trigger is Price Action.

Best regards
Fmfx
Author:  bernard [ Fri Nov 23, 2012 3:34 pm ]
Post subject:  Re: Signals By Fmfx
Hi Fmfx,
I like following your footsteps with the trade copier. Thanks.
Are you adjusting your strategy? 2 trades instead of 3?
Best
Bernard
Author:  Fmfx [ Fri Nov 23, 2012 4:09 pm ]
Post subject:  Re: Signals By Fmfx
bernard wrote:Hi Fmfx,
I like following your footsteps with the trade copier. Thanks.
Are you adjusting your strategy? 2 trades instead of 3?
Best
Bernard
Hi Benard

Nop, I have many trade trigger. I set only TP2 if I don't see a good point for TP3.

Regards
Author:  monkeh [ Fri Nov 23, 2012 6:28 pm ]
Post subject:  Re: Signals By Fmfx
Fmfx wrote:Here's the demo acc details

Acc No: 2088648531
Pass: forex12
Server: PrimeXM-DemoUK

criminal: PrimeXM FX Bridge (as recomended by our friend 'ovisun' on page 7)

Regards
hi guys
has this changed already?
i get Connection failed [No connection] error.
Author:  phil_trade [ Fri Nov 23, 2012 6:30 pm ]
Post subject:  Re: Signals By Fmfx
monkeh wrote:
Fmfx wrote:Here's the demo acc details

Acc No: 2088648531
Pass: forex12
Server: PrimeXM-DemoUK

criminal: PrimeXM FX Bridge (as recomended by our friend 'ovisun' on page 7)

Regards
hi guys
has this changed already?
i get Connection failed [No connection] error.
no it's ok for me
Author:  ovisun [ Fri Nov 23, 2012 6:57 pm ]
Post subject:  Re: Signals By Fmfx
Hi Fmfx,
Today I've seen that you took two good trades on Gold. This has the tick value of 1, same as EURUSD for ex., but if in future, if you'll consider trading Silver, be careful with lot size, because the tick value is 10.

Best Regards.
Author:  Fmfx [ Fri Nov 23, 2012 7:10 pm ]
Post subject:  Re: Signals By Fmfx
ovisun wrote:Hi Fmfx,
Today I've seen that you took two good trades on Gold. This has the tick value of 1, same as EURUSD for ex., but if in future, if you'll consider trading Silver, be careful with lot size, because the tick value is 10.

Best Regards.
Hi ovisun

I don't understand, you mean 0.1 = $10 ?

But I used 0.05 and it is doing fine.

Regards
Author:  ovisun [ Fri Nov 23, 2012 7:36 pm ]
Post subject:  Re: Signals By Fmfx
Hi,
Tick value = 1, means 1 lot of 100000 $ and is 10 $ for 1 pip.
You choose 0.05 lot for gold and was OK, but for silver the risk is 10 times more for same lot size than for gold, so be careful, better to avoid trading silver in my opinion.
Author:  bshoe24 [ Fri Nov 23, 2012 7:46 pm ]
Post subject:  Re: Signals By Fmfx
I didn't know FMFX might vary his lotsize. If people switch to one of the other MM types like LotsizeMultiplier on the Receiver from Fixed to scale their lots with FMFX it would be a very good idea to be sure to set "MaxLots" appropriately. That way if he did trade silver with small lots we'd scale down with him. People using fixed MM might want to consider this. I almost always use Fixed but, i set LotsizeMultiplier to 1.0 and Maxlots to .1 to test how it goes. I've never used the other MM types offered in the copier personally.
Author:  Fmfx [ Fri Nov 23, 2012 8:19 pm ]
Post subject:  Re: Signals By Fmfx
I will not be trading Silver. Since Gold and Silver moves alike I will stick with Gold.

Regards
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