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  • #1,149,301
  • Feb 11, 2019 9:59am Feb 11, 2019 9:59am
I was short @ 1.1291. I have S3 marked as 1.12735. Under that is nothing. I haven't got a clue how deep this can go, AND all I kept thinking is, "Hey, if it can spike down almost 20 pips twice in n hour, what's stopping this pair from spiking up the other way?", so I got out @1.1275x. I had been looking at OK Shop's chart and noticed he had 1.12668 marked, which looked doable to me, but I chickened out at the round number.
  • #1,149,302
  • Feb 11, 2019 10:09am Feb 11, 2019 10:09am
Remember, there is an official report stating that 99,99% lose over a maximun 13 year period account. Brokerage firms state on their website 77% to make it look less dramatic. FF is full of fustrated guys. Some guys permanently and some only when losing. I belong to the second group
POSTMASTER
  • #1,149,303
  • Feb 11, 2019 10:13am Feb 11, 2019 10:13am
1.124x area is equal legs
Attached Image (click to enlarge)
Click to Enlarge Name: equu.jpg Size: 176 KB
  • #1,149,304
  • Feb 11, 2019 10:13am Feb 11, 2019 10:13am
I beleive EU will still make 1 or more lows. Not serious ones although you never know. I will keep my small lot and add when i think appropiate. If i can get rid of this small lot will do so too and wait
POSTMASTER
  • #1,149,305
  • Feb 11, 2019 10:14am Feb 11, 2019 10:14am
Quoting mbrown
Scammers who build robots that don't work, do not have robots in the top 20 of the trading platform you're probably trading on. Daft noobs, trading nickel accounts masquerading as Professional Traders! Definitely the last post...definitely...I need to mix with actual traders!!!
a good ea should be a mix of both trend strategies and flat strategies and should know when to use which strategy
  • #1,149,306
  • Feb 11, 2019 10:20am Feb 11, 2019 10:20am
Quoting mbrown
Scammers who build robots that don't work, do not have robots in the top 20 of the trading platform you're probably trading on. Daft noobs, trading nickel accounts masquerading as Professional Traders! Definitely the last post...definitely...I need to mix with actual traders!!!
The only robots that work are the ones used by the big banks in high frequency trading applications. The other robots that the retail traders use fail.

I can outperform any retail robot with a simple mechanical strategy by selling EUR/USD rallies lol.
Don't Worry Be Happy
  • #1,149,307
  • Feb 11, 2019 10:48am Feb 11, 2019 10:48am
Quoting MrPresident
{quote} The only robots that work are the ones used by the big banks in high frequency trading applications. The other robots that the retail traders use fail. I can outperform any retail robot with a simple mechanical strategy by selling EUR/USD rallies lol.
If it's a fooking simple mechanical strategy selling EUR/USD rallies then it can be coded into a robot; if it can be coded in a robot that robot can take every one of those opportunities even the ones you missed because you're a sleep. Therefore, it would outperform you.

What's the point! Your post simply shines a light on the quality of the operator in here. lol daft...continue TRYING to make money.
  • #1,149,308
  • Feb 11, 2019 11:06am Feb 11, 2019 11:06am
I just came back to see I'm far in the negative. Ok Euro is approaching the 88% level from the 1214 to 1571 the 88% marker is 1255 US DOLLAR is 20 points from 78.6 level. I'll hold my longs above 1255.
Founder of Sutherland Wave Principle
  • #1,149,309
  • Feb 11, 2019 11:12am Feb 11, 2019 11:12am
Quoting mbrown
{quote} If it's a fooking simple mechanical strategy selling EUR/USD rallies then it can be coded into a robot; if it can be coded in a robot that robot can take every one of those opportunities even the ones you missed because you're a sleep. Therefore, it would outperform you. What's the point! Your post simply shines a light on the quality of the operator in here. lol daft...continue TRYING to make money.
based on the official data provided by forex brokers, about 80% of retail traders lose and many of them use robots

a robot can't predict the future and it can't replace a human since it doesn't understand emotions or greed/fear

also, robots can't always respond to high impact news events or "black swans/fat fingers/flash crashes"

so, the 20% of clients who are profitable use simple mechanical strategies and they do not spend hundreds of dollars (or even thousands) on robots because they are smart

realistically speaking, why would anyone sell a robot if it was so profitable and wonderful? are they looking for suckers who believe that robots will make profits? if I had such a robot, I wouldn't be sharing it with anyone
Don't Worry Be Happy
  • #1,149,310
  • Feb 11, 2019 11:17am Feb 11, 2019 11:17am
Quoting MrPresident
{quote} based on the official data provided by forex brokers, about 80% of retail traders lose and many of them use robots a robot can't predict the future and it can't replace a human since it doesn't understand emotions or greed/fear also, robots can't always respond to high impact news events or "black swans/fat fingers/flash crashes" so, the 20% of clients who are profitable use simple mechanical strategies and they do not spend hundreds of dollars (or even thousands) on robots because they are smart realistically speaking, why would anyone...
The same reason a trader would share very good calls. Some people just like to share...altruism...look it up. It is almost like asking why would Zuckerberg have a mortgage, a person with limited understanding wouldn't get it.

Anyway, let's just agree to disagree. I have better things to do.
  • #1,149,311
  • Feb 11, 2019 12:03pm Feb 11, 2019 12:03pm
Quoting Robinhood1
Remember, there is an official report stating that 99,99% lose over a maximun 13 year period account. Brokerage firms state on their website 77% to make it look less dramatic. FF is full of fustrated guys. Some guys permanently and some only when losing. I belong to the second group
could share link to those "official reports"
  • #1,149,312
  • Feb 11, 2019 12:19pm Feb 11, 2019 12:19pm
Quoting From0toHero
{quote} could share link to those "official reports"
It was going around FF at one time. I tried to find it and couldnt. If i find it iŽll post it
POSTMASTER
  • #1,149,313
  • Feb 11, 2019 12:27pm Feb 11, 2019 12:27pm
Quoting PatienceFx
{quote} a good ea should be a mix of both trend strategies and flat strategies and should know when to use which strategy
Sorry. I missed this one. A good EA achieves its design specification in live trading.

Like I wrote my EAs have a 95% hit rate. I think they've been wrong once this year in January, it was the only example my biggest hater could find. The thing is,you even know this because most are here when I post the calls whenever I get the chance. It's really odd.

Look, my EAs do it all the time and you see it:
Quoting mbrown
I thought 1.13 would hold but my panel reckons it will not. Sustained downtrend continuation (with normal retraces).
  • #1,149,314
  • Edited 12:53pm Feb 11, 2019 12:40pm | Edited 12:53pm
Though i am done for eurusd trades but usdx future still to get the target, a pullback/gap fill whatsoever . And medium bear set up top workout in context of bigger bull at to as last chance for bull.
So watching bottom play perhaps. Gu and other pairs may not have time to rest, actualy may restart tanking. Lets see how react next levels at down.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,149,315
  • Feb 11, 2019 12:45pm Feb 11, 2019 12:45pm
The filled in harmonic patterns are the traded price action of the past. The hollow harmonic patterns are the potential tradeable price action of the present / future
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-Daily_LI.jpg Size: 687 KB
Don't wait for the wind, take to the oars.
  • #1,149,316
  • Edited 1:25pm Feb 11, 2019 1:04pm | Edited 1:25pm
Quoting Pleiadian
The filled in harmonic patterns are the traded price action of the past. The hollow harmonic patterns are the potential tradeable price action of the present / future {image}
Good, hope it work.
Anyway price actually entered perfect buy areas. Best buy at or near bottom, ok new lows also. But need watch before jump in. As planned before may do both ways mode if scalping. Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,149,317
  • Feb 11, 2019 1:57pm Feb 11, 2019 1:57pm
here is my HEW-update on my FF-thread

It looks I'm on the right track with my Scenario-II...but then we now must see our low around here...

In overview: I believe we now can see the low around 1,1265-54. The I expect a blue wave-ii up towards the 1,1415. But be careful. It is a wave-ii...they can be short, long simple and complex...but at first approach I think the 50% retracement (1,1415) is a good shot...
You can manage risk, but you can't manage the return
  • #1,149,318
  • Feb 11, 2019 3:23pm Feb 11, 2019 3:23pm
Long from 1.275 with 1.5 as target. My reason: What chances are greater? That over a month long channel resistance breaks on a mild news week or we bounce off said resistance? Cheers
  • #1,149,319
  • Feb 11, 2019 4:41pm Feb 11, 2019 4:41pm
Sub wave 7 breaks out of the triangle to an exhaustion point that signals termination of the wave seven in the main waves of one higher degree.
Attached Image (click to enlarge)
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Founder of Sutherland Wave Principle
  • #1,149,320
  • Feb 11, 2019 7:28pm Feb 11, 2019 7:28pm
Good luck traders, my first trade this year.

Buy - 1.1277

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