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The Swamp

  • #61,241
  • Apr 27, 2020 9:43pm Apr 27, 2020 9:43pm
Quoting Pip-loser
{quote} Gator, i'm trying here. I'm presenting the facts as best I can. I am calling the trades as I make them. Im still short from 1:08296 If it works we will all see in real-time. When I get the heads up to close the trade and reverse my position is where I am sure the value of this trial will show its worth. It accurately tells you, when to close the trade and reverse your position and you get the heads up in advance. It also tells you when to enter as well. I came up with it myself. So i'm experimenting. Just paper trade it and fact check me...
it was a joke with video.. doing what your doing will help u.
those who can, do. those who cant, talk about those who can
  • #61,242
  • Apr 27, 2020 9:49pm Apr 27, 2020 9:49pm
Quoting gatorinla
{quote} it was a joke with video.. doing what your doing will help u.
Forgive me, after my ordeal, i take everything seriously. I'll try to relax. I'm seeing a psychologist to help my complete recovery

Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,243
  • Apr 27, 2020 10:01pm Apr 27, 2020 10:01pm
/CL $10.7x....looks like we will maybe do this oil to <$0 again. Any equity rally will be slowed down or stopped until the oil rout dust settles. We need to see real production cuts all around until real demand comes back. If we start to see more dominos falling in the US shale patch, that will spook credit markets and freak out the equity bulls also. There was a supply glut before covid-19 was a thing....
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"If The Fool persists in his Folly he will become wise." - William Blake
  • #61,244
  • Apr 28, 2020 12:07am Apr 28, 2020 12:07am
Quoting DMA Trader
short 829
close +10

looking to short higher or if we break this support.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #61,245
  • Apr 28, 2020 12:38am Apr 28, 2020 12:38am
Quoting Pip-loser
{quote}
How can you backtest a system of manual entries with no defined RR?
Focus.
  • #61,246
  • Apr 28, 2020 12:45am Apr 28, 2020 12:45am
Inserted Video
don't predict direction, but dance with flow of water
  • #61,247
  • Apr 28, 2020 12:47am Apr 28, 2020 12:47am
Quoting DMA Trader
{quote} close +10 looking to short higher or if we break this support.
800/820 area is a support for swing trades higher.
also 830 area is R for short term trades. ...

so a little conflicting until we either take 800 or 830
then we go with the flow.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #61,248
  • Apr 28, 2020 1:23am Apr 28, 2020 1:23am
Quoting Marco-Kanto
{quote} How can you backtest a system of manual entries with no defined RR?
Fair Question.
What price did I enter short the Eur/Usd at?
What was the highest the Eur/Usd went beyond my entry price? (that would be the risk)
Now we are waiting for the reward.
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,249
  • Apr 28, 2020 1:25am Apr 28, 2020 1:25am
:
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  • #61,250
  • Apr 28, 2020 1:29am Apr 28, 2020 1:29am
Quoting Pip-loser
{quote} Fair Question. What price did I enter short the Eur/Usd at? What was the highest the Eur/Usd went beyond my entry price? (that would be the risk) Now we are waiting for the reward.
I guess the question is when is the trade invalid....no drawdown yet and i hope there isn't any but if there is a reversal when do you decide its too much and close?

What level of pain will you tolerate..?

but looking good so far
Its all just one persons opinion
  • #61,251
  • Apr 28, 2020 1:31am Apr 28, 2020 1:31am
Quoting DMA Trader
{quote} 800/820 area is a support for swing trades higher. also 830 area is R for short term trades. ... so a little conflicting until we either take 800 or 830 then we go with the flow.
looks like they want to break the range and go South
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #61,252
  • Apr 28, 2020 1:33am Apr 28, 2020 1:33am
Quoting axecap
{quote} I guess the question is when is the trade invalid....no drawdown yet and i hope there isn't any but if there is a reversal when do you decide its too much and close? What level of pain will you tolerate..?
Good Point

That's what I want you all to see, that's why I can't believe it myself.

Watch each trade and the amount of risk/drawdown that occurs after entry of each trade.

Thats why I sharing this for everyone to fact check.

Maybe I am dreaming, so I need corroboration.

Calculate my drawdown so far from my entry price? What you get?

Its almost as though it picks tops and bottoms with minimal risk
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,253
  • Apr 28, 2020 1:35am Apr 28, 2020 1:35am
Quoting DMA Trader
{quote} looks like they want to break the range and go South
just a fake move imo
testing the weekly pivot.
  • #61,254
  • Apr 28, 2020 1:36am Apr 28, 2020 1:36am
Quoting Pip-loser
{quote} Fair Question. What price did I enter short the Eur/Usd at? What was the highest the Eur/Usd went beyond my entry price? (that would be the risk) Now we are waiting for the reward.
That wasn't my question. How did you backtest your system when it has no automation.
Focus.
  • #61,255
  • Apr 28, 2020 1:38am Apr 28, 2020 1:38am
Quoting gatenio
{quote} just a fake move imo testing the weekly pivot.
could be. i will wait 20 minutes to see the close than decide but long no way for me. unless we trade above 830
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #61,256
  • Apr 28, 2020 1:42am Apr 28, 2020 1:42am
Quoting Marco-Kanto
{quote} That wasn't my question. How did you backtest your system when it has no automation.
That why I'm sharing this, because even I can't believe it myself.

That's why I said I need witnesses.

This cant be real.

So if others witness it with me, then I'm not crazy.

So far, so good
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,257
  • Apr 28, 2020 1:43am Apr 28, 2020 1:43am
Quoting DMA Trader
{quote} could be. i will wait 20 minutes to see the close than decide but long no way for me. unless we trade above 830
Opening below the daily pivot (0833) is usually no good for EU. If London cannot break it up it usually takes a dump.
  • #61,258
  • Apr 28, 2020 1:46am Apr 28, 2020 1:46am
Quoting Mitiblotch
{quote} Opening below the daily pivot (0833) is usually no good for EU. If London cannot break it up it usually takes a dump.
yes, i just want another confirmation to go short. maybe a spike in 13 m and short
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #61,259
  • Apr 28, 2020 1:48am Apr 28, 2020 1:48am
Quoting Pip-loser
{quote} That why I'm sharing this, because even I can't believe it myself. That's why I said I need witnesses. This cant be real. So if others witness it with me, then I'm not crazy. So far, so good
You seem to be ignoring the question. Regardless, good luck with it. Hopefully you can change your username in the future.

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Focus.
  • #61,260
  • Apr 28, 2020 2:03am Apr 28, 2020 2:03am
Quoting gatenio
{quote} just a fake move imo testing the weekly pivot.
Nope, will prolly go DOWN, then Shoot up During News
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A good trader follows his rules, but great trader knows when to break them
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