I am contacting today MBT, to see if they are ready for new accounts forMT4, as soon as they are, I will be setting up the 5k, account there and youcan watch it. This will be a live account and published on the web.
Now, markets....
Interesting market news with CPI data and TIC data out today. In some ways,todays news is as important as NFP, so lets pay attention to the forecastedvs results. See if they are getting closer.
As far as suspension/non-suspension, if I get into trades in 1st hr, willlet those work out, if not, I will shut down. Till Sunday...
Overall the market has had some small / medium trends, CAD is looking toretrace, in my opinion we had a correction in the market that may wellresume movements, Sunday I plan on looking at weekly, daily and setting somelines, or putting the Dmark on to help with that...
Biggest runners have been the cad, eur, EUR took a 400 pip run, on the 4hr,Breaking the 200 on the daily, Looking at the weekly though shows aconsolidation, so I expect to see (barring any real news) the EUR droppingback down to the 200 on the daily and confirming the consolidation thru endof may and june.
CAD has had a bigger oscillation, you can expect that with this pair as the$ when moving will affect oil and move the CAD also. Still you can see somesimilarities between the 2. Daily oscillation around 200MA is apparent andthe weekly oscillation are getting smaller as well.
AUD/USD - Breaking thru the 200 will quite possibly fall back to the 200,this is a weekly retracement and looking to consolidate along the weekly aswell.
I am still seeing the beginning's of the summer consolidation, this is aGREAT thing as we will make the most during this timeframe with the leastrisk... So with that I am getting accounts ready, new acocunts inplace ifneeded and I suggest those that have been testing and getting a feel forthis to do the same...
Our demo accounts, the 1k account, has gained 15.00, at 0.01 lots, I amgoing to bump that up to 0.05 lots Sunday and let it run, the restrictionsof time, and adding in the SL certaily has protected the profits on the runsfrom the cad and Eur so I think it can handle the larger lotsize... We shallsee, this account is research to find how large of a lotsize we can use onthe big 8 with a 1k account.
The 5k, is doing fine, at 50% increase, I would safely say if you can open a5k account, you should be able to run at least 1/2 mini to start and 1 minionce you have let it run a bit.
Overall I am pleased with the EA, and PLEASED with the results, at thistime, so far the only account I have manually worked with a bit is the liveaccount, the others have been running without interruption .
NEXT WEEK --- memorial weekend, WED night is it for me, I am on vacation onthe "rolling thunder" ride to the Vietnam Veterans Memorial wall thru theweekend and then the wife and I will be riding the "blue ridge Parkway" onthe way home. Back online the following Wed. I will leave the demo's running,but my live will be shut down.
To all our veterans(yes I am one also) Thank you , thank you , thank you.Without the freedoms you fought for, and the friends that died for it, wewouldn't have this opportunity today, and I wouldn't be here. I cannot thank you enough.
Andy <
www.eaFXTrader.com
