Currency Strength with contrarian approach - Q&A | Forex Factory

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Currency Strength with contrarian approach - Q&A

  • #1
  • First Post: May 8, 2018 9:46pm May 8, 2018 9:46pm
You can post ANY questions here Quoting a post from the thread https://www.forexfactory.com/showthread.php?t=761579

I noticed people are getting blocked even for valid questions. Feel free to post any related to that.
newzTrader
  • #2
  • May 8, 2018 11:37pm May 8, 2018 11:37pm
Newztrader

In the bank thread, post 371 you said Forex is a scam.

STOP TRADING FOREX.


It is a SCAM.


You always lose money, no matter what. The Scam artists designed Forex Trading exactly like that.




So I'm just wondering why you have decided to hit onto the Contrarian thread?

If Forex is a scam, why are you even bothering to post, let alone start a thread?

Why not start a thread on another method. Why contrarian??


Post 153 on the contrarian thread, Neil said,

No your totally wrong. It is a script that works out a 2 period SMA from the daily chart and your well off.. It uses a special formula. It could be 250 or even 400 pips depending what pair it is. Even though it uses the formula of SMA period 2 from the daily chart.


Nothing has been hidden, its right there, a custom script with a special formula that works out a 2 period sma, also know as the secret sauce.



He also said, he was not going to give out all his stuff, just share out some thoughts and ideas.

Which he has done. Time to close your thread.

  • #3
  • May 10, 2018 1:43am May 10, 2018 1:43am
Quoting moodybot
It uses a special formula. It could be 250 or even 400 pips depending what pair it is. Even though it uses the formula of SMA period 2 from the daily chart. Nothing has been hidden, its right there, a custom script with a special formula that works out a 2 period sma, also know as the secret sauce. He also said, he was not going to give out all his stuff, just share out some thoughts and ideas. Which he has done. Time to close your thread.
Wow, I tell you what a scam is, when someone tells you full on bullshit like a script to work out a 2 SMA, well duh!!

And won't tell you anymore, or show a chart, stinks to high heaven, run far away.

Stop might be 250 or 400 pips; really, and you are watching the chart like a hawk? think about it noobs!!!

Not going to give out stuff? well, why are you kissing his azz so much? Talk about sharing information, gee whiz, like kids & toys in kindergarten

totally amazed.

First they start out with trade selection of ScorpionFX, filter by myfxbook, that's fine!

But too easy for most, they have to complicate it, OH, let's look at Strength now, make a new system

even the restriction of volume on myfxbook cuts out the best trades, see for yourselves

good luck

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It takes a lot for me to IGNORE you, but you can try.
  • #4
  • May 10, 2018 2:19am May 10, 2018 2:19am
Quoting Erebus
{quote} Wow, I tell you what a scam is, when someone tells you full on bullshit like a script to work out a 2 SMA, well duh!! And won't tell you anymore, or show a chart, stinks to high heaven, run far away. Stop might be 250 or 400 pips; really, and you are watching the chart like a hawk? think about it noobs!!! Not going to give out stuff? well, why are you kissing his azz so much? Talk about sharing information, gee whiz, like kids & toys in kindergarten totally amazed. First they start out with trade selection of ScorpionFX, filter by myfxbook,...
Kissing Azz? You mean kissing arse?? No mate. Have you tried to make it work on your own? Or do you still want spoon feeding???
Who banned Neil. Was it you???
I actually pm'd Neil and said you knew what you were doing, although that was before you posted about the 2sma.
So here is a private message to Neil, ignore my pm to you mate, Erebus is a twat.
  • #5
  • May 10, 2018 2:47am May 10, 2018 2:47am
Quoting Erebus
{quote} Wow, I tell you what a scam is, when someone tells you full on bullshit like a script to work out a 2 SMA, well duh!! And won't tell you anymore, or show a chart, stinks to high heaven, run far away. Stop might be 250 or 400 pips; really, and you are watching the chart like a hawk? think about it noobs!!! Not going to give out stuff? well, why are you kissing his azz so much? Talk about sharing information, gee whiz, like kids & toys in kindergarten totally amazed. First they start out with trade selection of ScorpionFX, filter by myfxbook,...

you have been going how many years?

you still go into threads searching for stuff trying to change or disrupt it.

Go away.
  • #6
  • May 10, 2018 3:15am May 10, 2018 3:15am
Quoting moodybot
{quote} Kissing Azz? You mean kissing arse?? No mate. Have you tried to make it work on your own? Or do you still want spoon feeding??? Who banned Neil. Was it you??? I actually pm'd Neil and said you knew what you were doing, although that was before you posted about the 2sma. So here is a private message to Neil, ignore my pm to you mate, Erebus is a twat.
deffo erebus

He got hounded out of pivot trading too for doing the same in there.

Obviously not the full shilling.
  • #7
  • May 10, 2018 3:20am May 10, 2018 3:20am
Quoting stimpy
{quote} deffo erebus He got hounded out of pivot trading too for doing the same in there. Obviously not the full shilling.
Im surprised, he was active on a thread back in the day, seemed ok in there. Perhaps not a good week for him.
  • #8
  • May 10, 2018 6:55am May 10, 2018 6:55am
At least I post old NG is leaving you high and dry

It takes a lot for me to IGNORE you, but you can try.
  • #9
  • May 10, 2018 7:02am May 10, 2018 7:02am
Quoting Erebus
At least I post old NG is leaving you high and dry
No one is leaving anyone high and dry. Its a free public forum for gambling.

You think coming to a free public gambling forum with thousands of people getting chewed up trying to put one over someone else, you think you get a free lunch?

In the history of Forex Factory and the thousands of posts can you show us where you found this magical system laid out in front of you that worked from the get go?

Can you also show your objective system testing for all the 'systems' on here?

I won't hold my breath.
  • #10
  • May 10, 2018 7:32am May 10, 2018 7:32am
Quoting stimpy
{quote} No one is leaving anyone high and dry. Its a free public forum for gambling. You think coming to a free public gambling forum with thousands of people getting chewed up trying to put one over someone else, you think you get a free lunch? In the history of Forex Factory and the thousands of posts can you show us where you found this magical system laid out in front of you that worked from the get go? Can you also show your objective system testing for all the 'systems' on here? I won't hold my breath.
even if a magical system would be laid out in the front of you, it is highly likely that you would fail with it at/from the get go, and give up before ever figure out what the issue ( hint: yourself).
you may pass the demo phase of a system, but when it is a sensible live account, your own emotions may take over, cos simply lack the real experience with it, a huge difference from the creator.

now, what do you think your chances are with a half laid out magic system?
helps to understand you think is a gamblers forum.
there is always, always another trade!!
  • #11
  • May 10, 2018 7:48am May 10, 2018 7:48am
Quoting profitfarmer
{quote} even if a magical system would be laid out in the front of you, it is highly likely that you would fail with it at/from the get go, and give up before ever figure out what the issue ( hint: yourself). you may pass the demo phase of a system, but when it is a sensible live account, your own emotions may take over, cos simply lack the real experience with it, a huge difference from the creator. now, what do you think your chances are with a half laid out magic system? helps to understand you think is a gamblers forum.
nothing magic has been laid out - I don't understand why people get giddy on forums - objective testing and science goes out the window.

"it" - why would you not objectively test a 'system' from a public forum?
  • #12
  • May 10, 2018 7:59am May 10, 2018 7:59am
Quoting stimpy
{quote} nothing magic has been laid out - I don't understand why people get giddy on forums - objective testing and science goes out the window. "it" - why would you not objectively test a 'system' from a public forum?
complete agreement in the 'nothing magic'
some different take i think on the introducing things.
contrarian, investor sentiment, currency strength...nothing new there.
throwing around big words without giving at least some pointers for those gambling addicts on money management, etc...anyway, those who like gambling, gamble.
i dont think i ever thought there is a special formula for a SMA2, but we always learn.
interesting, one trading the H4 and daily seem to be busy to even open a thread for himself, one scalping is free most of the time.
the forum is an interesting collection of threads for sure, and i enjoy reading between scalping opportunities.
there is always, always another trade!!
  • #13
  • May 10, 2018 3:06pm May 10, 2018 3:06pm
Quoting stimpy
{quote} No one is leaving anyone high and dry. Its a free public forum for gambling. You think coming to a free public gambling forum with thousands of people getting chewed up trying to put one over someone else, you think you get a free lunch? In the history of Forex Factory and the thousands of posts can you show us where you found this magical system laid out in front of you that worked from the get go? Can you also show your objective system testing for all the 'systems' on here? I won't hold my breath.
I like your answer, I bet you're still holding your breath.

Erebus...what on earth are you on about?

What Erebus fails miserably at, is understanding the reason why the thread was opened in the first place.
First thread was the Bank thread, that smelt a tad fishy. Too many references to paid services, also the poster/s were a..... tad fishy.
Neil said there was a free, non-paying way to get to the same conclusion as to finding a pair to trade.
He said if someone put's up a thread, he would contribute, he didn't say he would exactly lay out his method. Some of his idea's, if not all, come from elsewhere, but put together from different sources, I think we all do that. I doubt that one person operating on Forex factory has a method, indicator or idea that is wholly their own which has never before in some part seen the light of day.
The thread should never have ended up in the commercial section, apparently taking free info from a site that has paid services is a commercial thread.
And here's the kicker........when I click on a thread in the non-commercial section, what do I see, adverts for brokerages, who have paid services. Think about that.
  • #14
  • May 10, 2018 4:05pm May 10, 2018 4:05pm
Quoting moodybot
{quote}Erebus...what on earth are you on about?
Neil said there was a free, non-paying way to get to the same conclusion as to finding a pair to trade.
He said if someone put's up a thread, he would contribute, he didn't say he would exactly lay out his method.
The thread should never have ended up in the commercial section, apparently taking free info from a site that has paid services is a commercial thread.
IDK, what am I on about? How about you? Why are you defending a non-existent method?

Yes, he pinched information from babypips as I understand it, representing it as his own

But why he needs someone to do the work for him, can't even open a thread?

And so what if I don't know why it was opened; point is, it is useless if no one has a method, sticks to a method, or just baits with vague comments of scripts, and making 30K a month. Wow, I bet his PM filled up quick, I think this will go the way of Jacko, think about that.

Commercial section comment, that's your opinion only; but apparently not that of Admin of FF
It takes a lot for me to IGNORE you, but you can try.
  • #15
  • May 10, 2018 4:57pm May 10, 2018 4:57pm
I just did a quick chart to be prepared to track ScorpionFX Top Trades of the Week in the future

I'm curious how they would trade as a Basket type, so I added up the positions thus far

This is totally unscientific as I'm sure you all know

Every pairs pip is of different value, the week isn't closed

Buy hey, it's +444 pips anyway assuming entry at the Weekly Open

I must check the pairs that pass the myfxbook contrarian filter

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It takes a lot for me to IGNORE you, but you can try.
  • #16
  • May 10, 2018 5:08pm May 10, 2018 5:08pm
Are you just mad that you got me suspended for a few hours and forexfactory said sorry it was a mistake and keep up the good work. You NEED HELP.

How old are you? See the thread today and see the GBP/USD chart. I posted that just after I took a trade. My stoploss script works on tradingview charts.. It is totally different to MT4. It closed my position for a profit. Even though the GBP/USD hit mega resistance and rose again quick.

Your just an idiot looser and always will be. How many threads have you been blocked from?

It isn't even my thread but Osjoe's. He had my full permission to post what I had posted in another thread in a thread as his own as I didnt want to open one as I new I would come across time wasters like you.. It is OSJOES thread and not mine.

Anyway I am not wasting anymore time. Have a nice life and get some anger management or you'll never achieve anything.
The most violent element in society is IGNORANCE
  • #17
  • May 10, 2018 5:15pm May 10, 2018 5:15pm
Quoting Erebus
{quote} IDK, what am I on about? How about you? Why are you defending a non-existent method? Yes, he pinched information from babypips as I understand it, representing it as his own But why he needs someone to do the work for him, can't even open a thread? And so what if I don't know why it was opened; point is, it is useless if no one has a method, sticks to a method, or just baits with vague comments of scripts, and making 30K a month. Wow, I bet his PM filled up quick, I think this will go the way of Jacko, think about that. Commercial section...
Bloody hell, you still haven't got it.
Represented what as his own? There was a thread using myfxbook info yonks ago, strength meters have been around for eons.
Everyone is using someone else's idea somewhere within their own method. I use 3LZZ. It repaints...big deal. Nothing is new. Just a rehash.
He never said he was going to give out his method. He said he would give out some ideas. That's all.
And why am i defending a non-existent method? I'm not. Just pointing out where I think you misinterpreted the reason for the thread.
Let me ask you a question, for a non-existent method why are you getting in such a state about it?
Lets face it you did jump in all balls out with the 2sma debate, and I think i'm right when I say he had previously mentioned using a script to work out his stops.
Apparently you have history of disrupting threads, being banned from them, is that right? What are you trying to prove?
This may well go the way of the Jacko, but then this thread hasn't anything to sell, the information is right there, post 1.
  • #18
  • May 10, 2018 5:23pm May 10, 2018 5:23pm
May - Bank Participation Report Futures IN CONTRACTS

ftc.gov U.S commodity futures commission

CME CANADIAN DOLLAR

Total banks = 6
U.S banks – Buy 6,699 Sell 428
Non U.S banks - Buy 1,252 Sell 712

See what the CAD had done a few times this month.

Sources: ftc.gov
There Erebus. Another non existant method. If you read the thread you might learn something.
Now if you call the U.S commodity futures commission a scam then you need locking up in a padded cell.

p.S if you find an idea somewhere. Improve it. Make it better. Simple fact of life. The worlds best trader took all of george soros's idea's AND MADE THEM EVEN BETTER.
The most violent element in society is IGNORANCE
  • #19
  • May 10, 2018 5:30pm May 10, 2018 5:30pm
Quoting neilgroom
Are you just mad that you got me suspended for a few hours and forexfactory said sorry it was a mistake and keep up the good work. You NEED HELP. How old are you? See the thread today and see the GBP/USD chart. I posted that just after I took a trade. My stoploss script works on tradingview charts.. It is totally different to MT4. It closed my position for a profit. Even though the GBP/USD hit mega resistance and rose again quick. Your just an idiot looser and always will be. How many threads have you been blocked from? It isn't even my thread but...
i clicked ignore on him.

total loon - tries to tear stuff apart, clutching at straws then goes and trades the non existent method.

nutter.
  • #20
  • May 10, 2018 5:37pm May 10, 2018 5:37pm
Quoting stimpy
{quote} i clicked ignore on him. total loon - tries to tear stuff apart, clutching at straws then goes and trades the non existent method. nutter.
That made me laugh. Non existent then notices he could of made 444 pips.... Want's locking up!
The most violent element in society is IGNORANCE
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