I've started trading in earnest with MTPredictor finally on demo accounts after two weeks of monitoring and observing the automatic setups on currencies from daily down to 15min timeframes. So far so good, short trades on EURCAD on 3 timeframes on 04/09/14 produced +65R which was fun!
Ed, Private Trader
In today’s MTPredictor video I take a look at the new Holy Grail setups that is coming in our new (soon to be released) MTPredictor 8 version:
In the video I look at some Forex examples on the NZDJPY and EURUSD. As you can see, this setup has the potential to find trades where the Profit is large in relation to the initial risk required to take the Trade.
Risk Disclaimer and Disclosure.
Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance track record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated for the impact of certain market factors, such as the lack of liquidity. Simulated training programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profitable trades similar to those shown.
All trades shown are hypothetical, they were not executed, they are just shown for illustration and training purposes only.
There is risk of loss in trading and investing. All trade decisions are your own sole responsibility.