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  • #81
  • Edited 1:19am Nov 7, 2017 12:44am | Edited 1:19am
This Month 2.8% $576

pips 6,414

Good day to all followers and congratulations for making money with us.....

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I am busy in traveling few places and other stuff, as I get time I will soon post new video about analysis on different currencies.
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Legends only move ahead!!!
  • #82
  • Nov 7, 2017 5:48am Nov 7, 2017 5:48am
You sound very much like EonFX who later became TradeFx2016 and then RobinHood2017 (also HighFlyer on ShiaChat).

Are you related? You charge exactly the same high $150 a month as he used to despite running a cent/demo account, you trade in an identical manner, your language is identical, you also use the same religious connotations.

Judging by your trades, the lots are not opened up at any logical distance apart. They just seem to be broken up in to lots of trades so you can get a high pip count.

As an example:
Trader 1 - Opens up 1 trade of 1 lot Buy at 1.1600 and sells at 1.1625 making 25 pips.
Trader 2 - Opens up 10 trades of 0.1 lots, Buys at 1.1600 and and sells at 1.1625 making 25 pips which adds up to 250 pips.

The PnL is exactly the same, yet Trader 2 will show more pips which on its own is meaningless, it's just a way to deceive how many pips you are making.

This is exactly how EonFx used to trade before he blew up all his accounts under all his different guises.

You are martingaling your positions especially Eur/Cad and Aud/Usd now that those trades are going against you despite you saying you will not martingale or add to losers.

Also your stops are 5 times wider than your take profit. How can a system which where the Risk/Return is 5:1 ever survive? Will you keep moving your stops if the stop loss is getting closer?

It appears as if you trade very low lot sizes so you can undertake long periods of trades going against you.

I am not really seeing evidence of a trading taking place. What I am seeing is you opening a position and then closing it if it hits your profit target. If it goes in to loss, to keep holding and adding to the positions until it recovers.

Sorry if I sound very harsh but am simply stating what I am observing. EonFx lasted a whole year with exactly the same trading method until it blew up.

Good trading is not about profits alone. Good trading should include losses. This shows a trader can deal with losses and move on. Your system is not displaying any evidence of this and as such, a trader with little losses, who trades demo, who adds to losers, cannot be relied upon in the long-term.

This is my opinion only based upon my experiences.
  • #83
  • Nov 7, 2017 5:53am Nov 7, 2017 5:53am
Thank you for your lengthy post, this is my signals and I am not associated with any third party.

keep following my trading.

SL and TP are applied on all trades for safety measures.

Good Luck and Good day!!!
Legends only move ahead!!!
  • #84
  • Nov 7, 2017 5:59am Nov 7, 2017 5:59am
Quoting MuhammedTaha
Few points of this system: 1)Trading multiple pairs to keep the system balanced. 2) SL and TP on all trades. 3) Low DD with 84% accuracy so far. 4) same lot size. 5) No manual emotional trades or gambling with big lot sizes. 6) No martingale or any such strategy which can give negative pips. .
But you have already broken your rules - see point 6 above ( 6) No martingale or any such strategy which can give negative pips)

Are you not adding to losing trades like Eur/Cad and Aud/Usd?

When a service provider breaks their own rules, how do we know what we are getting?
  • #85
  • Nov 7, 2017 6:00am Nov 7, 2017 6:00am
Quoting Tesmy
{quote} But you have already broken your rules - see point 6 above ( 6) No martingale or any such strategy which can give negative pips) Are you not adding to losing trades like Eur/Cad and Aud/Usd? When a service provider breaks their own rules, how do we know what we are getting?
each trades are independent on itself.

Martingale means increasing lot size, my system do not increase any lot size, each trades are different and independent on itself.
Legends only move ahead!!!
  • #86
  • Nov 7, 2017 6:00am Nov 7, 2017 6:00am
Quoting MuhammedTaha
Thank you for your lengthy post, this is my signals and I am not associated with any third party. keep following my trading. SL and TP are applied on all trades for safety measures. Good Luck and Good day!!!

Yes but Stops seem to be 5 times further away that TP's - how can a 5:1 risk/reward survive in the long-term please?
  • #87
  • Nov 7, 2017 6:02am Nov 7, 2017 6:02am
Quoting Tesmy
{quote} Yes but Stops seem to be 5 times further away that TP's - how can a 5:1 risk/reward survive in the long-term please?
Yes, well you just need to wait and see if it survives or not.

past performance of trading are never an assurance of future. markets are ever changing and we keep adopting according to need of the hour.

Thank you
Legends only move ahead!!!
  • #88
  • Nov 7, 2017 6:04am Nov 7, 2017 6:04am
Quoting MuhammedTaha
{quote} each trades are independent on itself. Martingale means increasing lot size, my system do not increase any lot size, each trades are different and independent on itself.
OK - Martingale is wrong word. But you are currently averaging down losers by adding to losing trades are you not?

So what is your rules then? At what point will you definitely stop adding to Eur/Cad or Aud/Usd and at what point will you close losers? T

This will help potential subscribers to know how deep you are prepared to let losers go.

Thank you very much for your reply.
  • #89
  • Nov 7, 2017 6:07am Nov 7, 2017 6:07am
Quoting Tesmy
{quote} OK - Martingale is wrong word. But you are currently averaging down losers by adding to losing trades are you not? So what is your rules then? At what point will you definitely stop adding to Eur/Cad or Aud/Usd and at what point will you close losers? T This will help potential subscribers to know how deep you are prepared to let losers go. Thank you very much for your reply.
no there is no averaging or martingale each trades is based on its own rules and calculations. system takes trades as long as rules are met and conditions are right. no lot size increasing or gambling.

Welcome and Good day!!!
Legends only move ahead!!!
  • #90
  • Nov 7, 2017 6:09am Nov 7, 2017 6:09am
Quoting MuhammedTaha
{quote} Yes, well you just need to wait and see if it survives or not. past performance of trading are never an assurance of future. markets are ever changing and we keep adopting according to need of the hour. Thank you
You keep saying "we", is there more than one person trading the account?

You do sound very very very similar to EonFX (who later became TradeFx2016 and then RobinHood2017).
  • #91
  • Nov 7, 2017 6:11am Nov 7, 2017 6:11am
Quoting Tesmy
{quote} You keep saying "we", is there more than one person trading the account? You do sound very very very similar to EonFX (who later became TradeFx2016 and then RobinHood2017).
We in the sense my system and my manual trading skills and my subscribers who trust on my skills.

if you have any questions regarding system you can ask.

Thank you
Legends only move ahead!!!
  • #92
  • Nov 7, 2017 6:14am Nov 7, 2017 6:14am
Quoting MuhammedTaha
{quote} no there is no averaging or martingale each trades is based on its own rules and calculations. system takes trades as long as rules are met and conditions are right. no lot size increasing or gambling. Welcome and Good day!!!
I am sorry but your own trades proves there is averaging.

Look at your Eur/Cad's: You started buying it at 1.4840's and now you are still buying at 1.4750's.
Look at your Aud/usd's: You started buying it at 0.7730's and now you are still buying at 0.7710's

How can you say there is no averging taking place? You are 100% clearly adding to losers?

I am very confused when you are saying you are not adding to losing trades when your own trade lists shows you are. Am I seeing it all wrong?
  • #93
  • Nov 7, 2017 6:17am Nov 7, 2017 6:17am
Quoting Tesmy
{quote} I am sorry but your own trades proves there is averaging. Look at your Eur/Cad's: You started buying it at 1.4840's and now you are still buying at 1.4750's. Look at your Aud/usd's: You started buying it at 0.7730's and now you are still buying at 0.7710's How can you say there is no averging taking place? You are 100% clearly adding to losers? I am very confused when you are saying you are not adding to losing trades when your own trade lists shows you are. Am I seeing it all wrong?
averaging means buying more and finally existing when trades are positive, We dont do this, we have TP and SL on each trade not waiting to see if all trades gets positive before existing.

each trades are independent with their own TP and SL.

Good day!!!
Legends only move ahead!!!
  • #94
  • Nov 7, 2017 6:26am Nov 7, 2017 6:26am
Quoting MuhammedTaha
{quote} averaging means buying more and finally existing when trades are positive, We dont do this, we have TP and SL on each trade not waiting to see if all trades gets positive before existing. each trades are independent with their own TP and SL. Good day!!!
No it does not.

I suspect what you will do is wait until the basket of Eur/cad goes net positive before closing the basket. Same with Aud/Usd.

Your PnL looks good but upon further inspection, this is all amateur trading designed to take advantage of prices mean reverting, constantly adding to losers.

You trade very low lot sizes to allow for market to move against you thus hiding the true nature of your system.

I had a look at your history trade on myfxbook, your trades in July, all 3 pip profits. EXACTLY the same as EonFX used to do.

Can you prove you are in Australia? I highly suspect you are in India and you are the previous person who used to be called EonFX here.

Goodbye.
  • #95
  • Nov 7, 2017 6:29am Nov 7, 2017 6:29am
Quoting Tesmy
{quote} No it does not.
All trades have TP and SL so there is a question of averaging or martingale. each trades will close with TP or eventually with Sl.

if you have any questions regarding systems feel free to ask.

Thank you.
Legends only move ahead!!!
  • #96
  • Nov 7, 2017 7:45am Nov 7, 2017 7:45am
Quoting MuhammedTaha
so do you now agree 1000 pips with 0.05 lot means 500 USD?
Wrong ! no offense but it seems you are still a beginner and you don't have a clue of what is really a pip value, it could be 438 USD if you trade JPY pairs, it could be 350 USD if you trade XXXNZD pairs for example.
  • #97
  • Nov 7, 2017 11:14am Nov 7, 2017 11:14am
Oil is finally breaking up after drawing an inverted head-shoulder-head pattern on the monthly chart. Projected price is 87$ per barrel. You can buy futures, call options or oil companies. I bought shares of LukOil a few days ago -one of the biggest oil producers- selling below book value.
You can find future SHS patterns with this free indicator:
http://www.pointzero-trading.com/Products/view/PZShoulderHeadShoulder
Legends only move ahead!!!
  • #98
  • Nov 7, 2017 11:14am Nov 7, 2017 11:14am
Quoting duxis
{quote} Wrong ! no offense but it seems you are still a beginner and you don't have a clue of what is really a pip value, it could be 438 USD if you trade JPY pairs, it could be 350 USD if you trade XXXNZD pairs for example.
Yeah thank-you for the tip....good day.
Legends only move ahead!!!
  • #99
  • Nov 7, 2017 11:16am Nov 7, 2017 11:16am
Seems like people are more interested to teach rather than to learn from proven systems.

Any ways locking up this thread to keep it free from derailing.
Legends only move ahead!!!
  • #100
  • Nov 7, 2017 11:17am Nov 7, 2017 11:17am
Only daily analysis and product information will be posted here.
Legends only move ahead!!!
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