Comments on: Pips Count | Forex Signals 22nd & 23rd Mar

By: FirePips

FirePips — Thu, 25 Mar 2010 06:44:05 +0000

If you really want to use just 1 pair then stick with EURUSD.

By: FirePips

FirePips — Wed, 24 Mar 2010 02:15:34 +0000

Yes, I moved it to the new post http://forex.firepips.com/forex-signals-daily.htm...

By: Dimitry

Dimitry — Wed, 24 Mar 2010 01:43:00 +0000

What happened to the track record, open positions record at the top of this page. I had this page bookmarked and referenced it often. Did you move it to another page?

By: DietPipsi

DietPipsi — Wed, 24 Mar 2010 01:12:47 +0000

Quite welcome –

By: ajay

ajay — Tue, 23 Mar 2010 17:51:11 +0000

Thankyou DietPipsi for your explanation

By: DietPipsi

DietPipsi — Tue, 23 Mar 2010 17:35:15 +0000

I show a high of 1.3563 on my live FXDD platform, and a high of 1.35630 on my live MBTrading platform. I see a high of 1.35633 on another ECN platform I am demoing.

If you are using an ECN broker, your spread should be about 1, and if your platform shows 1.35633 for a high, you would have missed the stoploss by about a pip, and still be in the trade. This is probably what happened to FirePips.

If you have a MM broker, with a 2-pip spread, it's a good idea to widen your stop a pip or two, and that's what I always do on FXDD. Thay way you have an extra pip for your spread and an extra pip to allow for differences in pricing on different platforms. Helps so that you don't hit a stop that FP doesn't hit. That is what happened for me on FXDD.

What you lose in an extra pip or two you save a lot of that in commissions.

Hopefully helpful – -

By: ajay

ajay — Tue, 23 Mar 2010 17:10:13 +0000

The EURUSD order 13 has hit the stop loss 60 minutes ago, but the twitter update 4 minutes ago is showing -20

By: ajay

ajay — Tue, 23 Mar 2010 14:33:50 +0000

Keep up the good work

I have a question on the EURUSD EURJPY pairs these are the only two pairs I have started trading as I am new to forex.

I have noticed both pair are corolated shouls I only trade one pair of these at a time.

By: Adil

Adil — Tue, 23 Mar 2010 13:31:58 +0000

Pipsi,

Thank you very much for your response..

Regards

Adil

By: Robert Sapp

Robert Sapp — Tue, 23 Mar 2010 11:47:47 +0000

It was not meant as a accusation. In FP’s newsletter, he stated to give suggestions to help him keep easier track of the trades and an easier method to do the charts and graphs. That is what I was suggesting, if he posted those when he did the updates with the closing of a trade, with a total, it would be easier to count the weekly results.

Partly it is my mistake, as I do not usually come to the blog or site, just interpret what is sent in the emails, as trade suggestions and see the results that are posted there, not here. Personally, I use the information, and my own analysis, to determine if I take the trade or not.