Originally posted by MHDtrader
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MHD Signals by Joseph
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The EURUSD broke below the 4 months trading range this week after a LOT of ups and downs and after many false breakouts. However, on Friday, the pair reversed up again, which creates confusion about the next probable move! The currency pair will probably be sideways for a few days and hope fully not weeks, before traders will conclude that the trading range will continue or a bear trend is underway.
Keep tuned!
Br
Joseph
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March has started very well with very good result yesterday. Note, I have decreased the risk by 30 percent on the new adjusted strategies.
Br,
JT
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Hi BRM I am currently disconnected aslo, the problem I have is has the strategy changed and is it now taking on more risk. If it has I may need to reduce my risk levels to avoid too much volatility. I am glad it had strong day of profits as it is is a great signal.
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Ahhhh no I missed the profits today because I wasn't reconnected yet!!! Aaaarrgghhhh. What a great night for the signal, hope everyone else made pips
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Thank you for the update. All momentum strategies have hard time these days. Thank you for sticking to your rules we are ignorant of all the test you have done just cautious since market is range bound and not forever and then all the grids and martingales usually fail. Usually we have one max two big moves per year? After that is more ranging? Now all expect a big move so they will be a lot of fakes break outs before a big one arrives.. nc!
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thanks for your comment. I'm sorry for the bad results in February. I have decreased the risk on the new tweaked strategies, more or less cut it by half.
I'm pretty sure that when volatility comes back to Eurusd, our take profit will increase substantially. These EA have been traded in a live environment for more than a year with a nice profit. I'm still confident that I will eventually recover and end up 2019 with positive results.
At the same time; I fully understand your concern and your cautiousness.
Best regards
Joseph
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Originally posted by nc! View PostStrategy is having a hard time in the current market not much momentum and we hit SL.. More orders are there but hitting SLs. Joseph any comments I disabled for now ... nc!
Thank you!
BRM
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I have had in disabled since Xmas. Been watching it waiting for a drawdown but I know Joseph tweaked it a bit hence I have held off reconnecting. Need to see more evidence the new orders can actually hit TP's. This was my fave strategy last year!!! Give us an update on your thoughts Joseph if possible.
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Strategy is having a hard time in the current market not much momentum and we hit SL.. More orders are there but hitting SLs. Joseph any comments I disabled for now ... nc!
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Hi,
Here you have the links:
Mota_1_Stopped and moved to UK server
Forex Trading analysis and performance of Mota_1_Stopped and moved to UK server by Forex Trader josephtawfeek
Mota_2_UK Server
Forex Trading analysis and performance of Mota_2_for previous history check Mota1 by Forex Trader josephtawfeek
They are the same account, but because Pepperstone moved their European clients to UK server mid of 2017, I was forced to open a new account from zero historical data.
Br,
Joseph
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