(binned per thread starter's request) Currency Strength with cont

Neil you should just unsubscribe to their thread. Who cares what strangers say about you on the internet. I've done nothing to them over their yet they keep posting stuff with my name in it, only because i'm active on this thread. It really makes no sense. Some people have different motives in life. Some people are positive who want to help others and some people are negative who are always looking for the worst in people. Stimpy obviously gets a kick out of making you angry. The angrier you get the happier it makes him. You're just fueling his fire by continuing to post on his thread. You can say what ever you want and whether it's bogus or not, who cares. He feels like you MUST PROVE YOURSELF by showing live results.....but in actuality you do not have to prove yourself to anyone. It's the internet.....who cares. Just ignore people like him and eventually they will go away because the fun of pissing you off will go away when you stop fueling their fire. Honestly who really cares what he thinks or what I think or what anyone on FF thinks. Just continue to focus on the people who want your help and aren't here just to be jerks and demand things. No one on FF has to prove anything if they don't want. It's silly to be honest, childish. I'm sure he will copy and paste this too, although I could care less. I have done nothing other than try to participate in this thread and ask questions about how you trade. Again, my advice is to stop following that thread and totally ignore it. Concentrate on the positive and help those who want the help and who you want to help. Other than that just enjoy you wife, kids and friends. Life is too short!

Neilgroom,
Well done for what you are doing

Why not just ignore these CAUSTIC postings and concentrate on your
trading, and you teaching those members that want to learn your system.

You do not have to worry proving your success in trading to anyone.

Have these HATERS shown their live accounts on FF?
Why demanding yours

The only way to prove something is to do it yourself.. If I prove every thing with my account. My live trades. How does that help you?

The only way is to FORWARD test it YOURSELF.. Osjoe did with a real account. He gave it his own ideas and trading methods. He is doing well..
Osjoe doesn't post much. WHY? Because he took the idea and improved it his way and started trading. He doesn't have to be here.

If you want to learn about the COT reports - Research them. Open another thread and ask. Etc. etc. etc

You have the basics of a very successful method that OSjoe posted in the first post.
Go change things, add things. If I teach you everything and posted here every day my trades, how does that help you?

The lazy ones in life will ignore the winners but go on about the losers.

Most will just copy them.. I can go into a large drawdown and it doesn't effect me. I trade Currencies, stocks, gold etc.

This topic was about the contrarian method and using the data from myfxbook.. Some use Scorpionx. Some of you use COT reports etc etc etc.

I can teach you all about currency strength and money flow. It will take all my time up. I have a beautiful family. A wife, a very clever 12 year old girl. The best friends ever. I can't be here all the time. There are some amazing people on this thread. But I need my life. My trading, my family.

I post extra methods, tips etc not related to the contrarian method..
But here goes... My unrealized P/L is terrible..

I could of posted how the money was flowing from the GBP into the NZD then went back again and finally all went into the NZD. It's still flowing there now. Very large amounts of money.

See the chart on the daily today. If I came here and told you about it I would of missed it.

Now currency strength does work... How many of you have currency strength indicators? Don't work all the time do they. The Eur could be high and the JPY Low but the JPY is falling. WHY? Because of the money flow. You have to wait until the money flows in the Eur.

I don't post trades I have taken now. Why? Because you will follow them blindly and yes I have big losers too.
The Holy grail doesn't exist. Not even the big players in this game win all the time. The investment bank lose millions sometimes. Its how the market works.
The NZD could be rising so fast. Your into a very large profit. Boom a very large earthquake hits wellington (The capital). The NZD drops taking out your profits and puts you in a loss. If you hate losing..... Don't do forex EVER.

To my followers and all newcomers and stalkers. I posted trades I was going to do in the old thread. I posted them Sunday night for all to see. I always let you know when I closed them. Any way I'm off now for a while.

There a real account statement.... But what does that prove? Nothing... P.S I don't use MT4.

This is a scary statistic that just shows if you follow the contrarian approach you can be profitable.

Of course that doesn't mean you just follow blindly what the MFXB data says, but instead using it in conjunction with your own analysis can give you an edge for sure.

subscribed, its a very interesting strategy and thanks for starting the thread. I hope to learn a lot here.

Hi guys

I am sorry to say but our adventure with the EA came to the end. It seems that MyFxBook have cut off access to data through the API.
I have written an email, but I guess it will be useless. It hurts, because at least to me, it seemed very useful.
We will follow by hand

It appears the MyFX EA also stopped working as I just checked and its dead...lol. I guess the info was not useful at all...funny how that works....lol

Dave

It could be just that the API is down... Even the data on the website only works half the time.

Same here

I hope so, I'll keep trying.

I read some bad comments outside of this thread about the write the email and password... it's a bit sickly think that I did this to catch 40-50? emails.

Anyway, In case it will work again, Im gonna put the option to access to the data only with the Session ID for the people who knows how to get it. As well, i think it would interesting have a historic of the data, so in every refresh, we move the old data to the historic, so we can compare how it is going.

I listen suggestions, and if it could be, include the calculations over the gold

Maybe...but a good example of how not to rely 100% on a outside source for trading your system. Should be other similar data available in other places I would think. FF has something like it but not really paid much attention to it. It’s under the “Trades” tab above.

Dave

The outlook works all the time but the API goes down sometimes and when you click on a pair in outlook it shows no data.. According the myfxbook they are updating it.

I'm feeling sorry for the USD today but on Friday or Saturday I said the dollar was mega overbought on the daily and monthly. It did rise this morning then came very weak and fell and still weakening. But it has to fall to rise. Not enough buying from the big guys as prices are to high for them to pay. They like a bargain. Well don't we all.

Lets see if its just a pullback for the big guys to get it cheaper or a change in sentiment.

USD/CHF is still 87% short. Like always though when it drops retail will start buying it.

Edit: Deleted edit because I don't lower myself to others standards

Long USDCHF at 0.9965; SL @ 0.9915; TP @ 1.025

I hope that's a demo trade otherwise you may be in for a fat loss I'm afraid

It is a real trade and the loss is thin for my account size BTW, loss is an inevitable element in this business, right?! There is no holy grail in the world.

Yes, I think that it has a way to go yet.

Sorry my fault. I sold it Monday. USD/CHF to prove a point. Sorry. I'll make it go back up now.

No apology is needed indeed, it is my own analysis. BTW, COT support a long in USDCHF (short CHF) and I have a protective SL there.

It looks like it maybe about to turn on the 1 hr chart.