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A Flying Buddha does this work?

  • #41
  • Jun 14, 2018 12:09pm Jun 14, 2018 12:09pm
Quoting Erebus
{quote} BOOYAH, very good to hear that Please share at least 1 chart to keep the dream alive !!!!
updated 06/14/18
NO NO NO PLEASE
Never use the FB,i have tried to add my idea to make it work,i was lucky one time but im out of luck.
Find a trend follower system and never figh the trend,
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  • #42
  • Jun 14, 2018 3:41pm Jun 14, 2018 3:41pm
Quoting Pedroall
{quote} updated 06/14/18 NO NO NO PLEASE Never use the FB,i have tried to add my idea to make it work,i was lucky one time but im out of luck. Find a trend follower system and never figh the trend, {image}
NO trend follow system will protect you from ECB



PS - how much DID you lost?

It takes a lot for me to IGNORE you, but you can try.
  • #43
  • Jun 15, 2018 1:47am Jun 15, 2018 1:47am
Quoting Pedroall
{quote} updated 06/14/18 NO NO NO PLEASE Never use the FB,i have tried to add my idea to make it work,i was lucky one time but im out of luck. Find a trend follower system and never figh the trend, {image}
You should not give up yet , today eur/usd had an usual behavior due to news.
  • #44
  • Jun 15, 2018 6:13pm Jun 15, 2018 6:13pm
Quoting Zdrux
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places. Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
I would agree except the 'you will have a bad time in trading' only applies if you're referring to one specific decentralized market with a dual market structure.
"The fun is in the hunt. Not the kill."
  • #45
  • Jun 15, 2018 8:38pm Jun 15, 2018 8:38pm
Quoting Zdrux
If you are placing trades based on some exotic candle stick patterns with multiple stipulations and funny names, you will have a bad time in trading. You are looking in the wrong places. Instead of trying to look for these patterns, but not investigate WHY this pattern happened (or any other pattern)? This way you will understand how and why the market works the way it does; instead of trying to look at charts for some specific candle pattern that meets this very specific criteria.
The two aren't mutually exclusive.

We can use exotic candle stick patterns with multiple stipulations and funny names, WITH an understanding of the underlying market dynamics that create the pattern in the first place.

Then we can look for what we want to see, where we want to see it.
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Very specific criteria can be the result of a very specific "WHY".
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #46
  • Jun 15, 2018 9:25pm Jun 15, 2018 9:25pm
Quoting HiddenGap
{quote} The two aren't mutually exclusive. We can use exotic candle stick patterns with multiple stipulations and funny names, WITH an understanding of the underlying market dynamics that create the pattern in the first place. Then we can look for what we want to see, where we want to see it. {image} Very specific criteria can be the result of a very specific "WHY". {image}
How did you generate M3 charts? I am interested in seeing how my strategy looks in slightly faster than M5 settings.
  • #47
  • Jun 18, 2018 1:10pm Jun 18, 2018 1:10pm
Quoting Pedroall
{quote} no. too many false signals. you need to make it work by adding your own ideas
What are some ideas you had? And what do you think of PM's price charts, especially silver? https://bullionexchanges.com/charts/silver-price I want to buy some silver from them and just want to know if my timing is right?
  • #48
  • Jun 18, 2018 7:09pm Jun 18, 2018 7:09pm
Has anyone here made the observation that as you reduce your win rate you make more money? I have a strategy that works 10% of the time and it really kills. When it is right it make 1:10, 20,30.....100.
When you see it, BET big.
  • #49
  • Jun 18, 2018 7:14pm Jun 18, 2018 7:14pm
I m beginning to think the way to make it in the market consistently is to take minute losses and riding those winner's.cheers
When you see it, BET big.
  • #50
  • Jun 18, 2018 10:40pm Jun 18, 2018 10:40pm
Quoting Rennaissance
Has anyone here made the observation that as you reduce your win rate you make more money? I have a strategy that works 10% of the time and it really kills. When it is right it make 1:10, 20,30.....100.
In this business, less is more!

Do you care to share your method or do you have a thread going regarding it?

G
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #51
  • Jun 20, 2018 1:27pm Jun 20, 2018 1:27pm
Quoting Rennaissance
I m beginning to think the way to make it in the market consistently is to take minute losses and riding those winner's.cheers
Sometimes riding the winner's may turn into big losers if you get too attached to them... it's a dangerous game at times.
  • #52
  • Jun 28, 2018 12:32am Jun 28, 2018 12:32am
I fixed the budad adding more ideas.
this are the new demo results.
Closed P/L:59 917.91Open Trades:TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfitNo transactions 0.000.000.000.00 Floating P/L:0.00Working Orders:TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price No transactions Summary:Deposit/Withdrawal:50 000.00Credit Facility:0.00 Closed Trade P/L:59 917.91Floating P/L:0.00Margin:0.00Balance:109 917.91Equity:109 917.91Free Margin:109 917.91 Details:[IMG]file:///C:/Users/David/Desktop/DetailedStatement.gif[/IMG]Gross Profit:59 932.41Gross Loss:14.50Total Net Profit:59 917.91Profit Factor:4133.27Expected Payoff:1536.36 Absolute Drawdown:14.50Maximal Drawdown:14.50 (0.03%)Relative Drawdown:0.03% (14.50) Total Trades:39Short Positions (won %):30 (96.67%)Long Positions (won %):9 (100.00%)Profit Trades (% of total):38 (97.44%)Loss trades (% of total):1 (2.56%)Largestprofit trade:22 499.91loss trade:-14.50Averageprofit trade:1 577.17loss trade:-14.50Maximumconsecutive wins ($):38 (59 932.41)consecutive losses ($):1 (-14.50)Maximalconsecutive profit (count):59 932.41 (38)consecutive loss (count):-14.50 (1)Averageconsecutive wins:38consecutive losses:1
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  • #53
  • Jun 28, 2018 9:05am Jun 28, 2018 9:05am
nasdaq low risk trade'I'm long market order.
stoploss below the last swing low daily chart.

I'mlong call that expire in at least 60 days
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  • #54
  • Edited 6:36pm Jun 28, 2018 2:07pm | Edited 6:36pm
long traded rebound predicted
indices
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  • #55
  • Jun 29, 2018 4:36am Jun 29, 2018 4:36am
USDJPY
I'm short
  • #56
  • Jul 3, 2018 8:52pm Jul 3, 2018 8:52pm
Quoting Pedroall
USDJPY I'm short
closed with over 15 k profits demo/
new demo gbpusd daily long trade triggered
  • #57
  • Edited 1:26pm Jul 16, 2018 10:13am | Edited 1:26pm
nasdaq 30m
i'm short
  • #58
  • Last Post: Jul 16, 2018 2:32pm Jul 16, 2018 2:32pm
So what is the strategy here?
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