Blessing 2 - page 109

 

Trendline

USDJPY is in a little DD right now. Orders are stacking up. I'm hoping it

respects the support trendline, which joins the most significant lows

during the last few months.

Rob

 

IBFX Demo Server

I've contact IBFX support today, these are the steps to open demo account while default server error :

1. Open MT4

2. Tools/Option, Server: mt4-demo2.ibfx.com:443

3. Open an account , choose InterbankFX-MT4 Demo Accounts 2 or mt4-demo2.ibfx.com:443

In this server simulate 4 digit price, since they do not know exactly when 5 digit price will be live. I keep using 4 digit price.

When you choose InterbankFX-Metal server, mini account will be thread as standard account.

 
ChicagoRob:
If you want to trade penny-pips on a small account, IBFX is pretty much

the only game in town. Otherwise, there's a wide world of brokers offering

a minimum pip-value of 10-cents.

Rob

Not totally true. I am using fxopen and Instaforex which is penny-pips. There are other brokers out there as well which trade penny-pips, its just a matter of finding them. However, I do not know if American citizens can open accounts outside of US...

 
ChicagoRob:
USDJPY is in a little DD right now. Orders are stacking up. I'm hoping it

respects the support trendline, which joins the most significant lows

during the last few months.

Rob

I totally agree, having 8 long positions open with the new auto grid settings. Lets see how it develops....

 
eusanka:
I totally agree, having 8 long positions open with the new auto grid settings. Lets see how it develops....

I'm running an older set file with standard grid. I have 8 open orders, also.

Rob

 

Support

USDJPY is at the support line. Hoping to see a bounce.

Rob

 
ChicagoRob:
USDJPY is at the support line. Hoping to see a bounce. Rob

hey Rob,

Are worried about the 5th decimals what ibfx was telling last month? I can't find ibfx's mail. Should I be worried about it or the blessing will manage it byitself???

 
Togu:
hey Rob, Are worried about the 5th decimals what ibfx was telling last month? I can't find ibfx's mail. Should I be worried about it or the blessing will manage it byitself???

Iron has said in this thread that v5.1 will auto-detect 5-decimal brokers.

No need to worry.

Rob

 
ChicagoRob:
Iron has said in this thread that v5.1 will auto-detect 5-decimal brokers.

No need to worry.

Rob

yes, it should auto detect and it is working for ibfx for me with 5 decimal, but somehow with fxcm it didn't work.

here is the download link for fxcm metatrader is someone want to give it a try.

http://www.forextrading.com.au/metatrader.jsp

 

USDJPY support trendline

Looks like price is respecting the support line.

It penetrated once earlier, but has not been able

to maintain momentum. If it hits the line again

and fails, we should be good for a retrace.

If it breaks through, next support is at 95.65.

Rob

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