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Profit on Fluctuation System: Hedged

  • #101
  • May 28, 2007 12:13am May 28, 2007 12:13am
Hi Sam1,

may i know where do you purchase the calculator by true north concepts?

Thanks in advance.
  • #102
  • May 28, 2007 4:19am May 28, 2007 4:19am
Quoting zu si fu
Hi Sam1,

may i know where do you purchase the calculator by true north concepts?

Thanks in advance.
true _underscore_ north at email.com

What you are purchasing is a simple spreadsheet (for $199.00!!) that will tell you how much 10% of your margin is.
  • #103
  • May 28, 2007 5:20am May 28, 2007 5:20am
I beg to disagree, that piece of excel calculator will not just calculate percentage of your equity, it divide proper lot amount to allocate in both hedged pairs. I have to defend this company since it helps me save more money than continuing paying Freedomrocks monthly subscription fees, and they also taught me a lot of technique how to utilize it to the fullest.

I trade it along side with my friend's Freedomrocks account, and it didn't give much difference with both their recommended lots to allocate (only a fraction lot difference). Sometimes, it gain more than what FR can produce.

It may be a simple spreadsheet, but what you paid is for the computation formula and their lifetime support, support which include of teaching you how to trade. There has never been unanswered email from them, they never lie of the possibilities and never heard them make any sales speech like other company do.

Did you purchased and used that calculator before you made that comment? If it just compute percent of your equity, can you show screenshot of it?
  • #104
  • May 28, 2007 7:35am May 28, 2007 7:35am
I'm sorry, it does indeed give you number of lots to allocate. So it computes percent of equity and gives you number of lots to allocate, and yes they do have good support.

How can you say it gains more than what FR can produce, if it calculates "only a fraction lot difference." Are you taking profit at a different time than your friend?

As far as I can see, there is no instruction on how to take profit, and there is also no "buy low, sell high" strategy as FR has.

For instance, in FR after we allocate our lots, we then place two orders on each currency pair, one buy low and one sell high. When the market reaches those orders we then recalculate and reenter, so that we are always buying low and selling high.

I did not see that strategy in place with the True North calculator. I suppose you could try to guess where to place the orders and do it that way, though.

What method do you use personally?

Quoting sam1
I beg to disagree, that piece of excel calculator will not just calculate percentage of your equity, it divide proper lot amount to allocate in both hedged pairs. I have to defend this company since it helps me save more money than continuing paying Freedomrocks monthly subscription fees, and they also taught me a lot of technique how to utilize it to the fullest.

I trade it along side with my friend's Freedomrocks account, and it didn't give much difference with both their recommended lots to allocate (only a fraction lot difference). Sometimes, it gain more than what FR can produce.

It may be a simple spreadsheet, but what you paid is for the computation formula and their lifetime support, support which include of teaching you how to trade. There has never been unanswered email from them, they never lie of the possibilities and never heard them make any sales speech like other company do.

Did you purchased and used that calculator before you made that comment? If it just compute percent of your equity, can you show screenshot of it?
  • #105
  • May 28, 2007 7:42am May 28, 2007 7:42am
Mike
Could you explain the buy low sell high strategy from freedom R
I also have the true north and I am looking for entry ideas




Quoting mikejody
I'm sorry, it does indeed give you number of lots to allocate. So it computes percent of equity and gives you number of lots to allocate, and yes they do have good support.

How can you say it gains more than what FR can produce, if it calculates "only a fraction lot difference." Are you taking profit at a different time than your friend?

As far as I can see, there is no instruction on how to take profit, and there is also no "buy low, sell high" strategy as FR has.

For instance, in FR after we allocate our lots, we then place two orders on each currency pair, one buy low and one sell high. When the market reaches those orders we then recalculate and reenter, so that we are always buying low and selling high.

I did not see that strategy in place with the True North calculator. I suppose you could try to guess where to place the orders and do it that way, though.

What method do you use personally?
  • #106
  • May 28, 2007 7:46am May 28, 2007 7:46am
I don't really think I am at liberty to explain exactly how Fr trades without violating their copyright, but suffice it to say that I believe their "buy low/sell high" trades are a significant advantage over simply entering the market with all your allocated lots and taking profit when it "feels right."

Quoting toddanderson
Mike
Could you explain the buy low sell high strategy from freedom R
I also have the true north and I am looking for entry ideas
  • #107
  • May 28, 2007 7:59am May 28, 2007 7:59am
Also, in thinking about your "entry ideas", if I was going with True North's calculator I would probably divide the number of recommended lots into 5 and enter 1/5 each day for 5 days in order to spread out the risk. Remember, that by going long both EUR/USD and USD/CHF that what we are really doing is simply going long EUR/CHF. If we entered all our allocated lots in one day, and EUR/CHF sank to the bottom we would be in trouble. But spreading it out over 5 days may mitigate some of that risk.

I believe we could enter all our allocated lots with FR and because of their "buy low/sell high" strategy it would weather the drop in EUR/CHF.

Just my opinion.

Quoting toddanderson
Mike
Could you explain the buy low sell high strategy from freedom R
I also have the true north and I am looking for entry ideas
  • #108
  • May 28, 2007 8:31am May 28, 2007 8:31am
Buy low and sell high sounds like you're trying to pick tops and bottoms. So, if it is, then how do you know when you've reached a high or a low?

Quoting mikejody
I don't really think I am at liberty to explain exactly how Fr trades without violating their copyright, but suffice it to say that I believe their "buy low/sell high" trades are a significant advantage over simply entering the market with all your allocated lots and taking profit when it "feels right."
  • #109
  • May 28, 2007 8:35am May 28, 2007 8:35am
Quoting mrmikal
Buy low and sell high sounds like you're trying to pick tops and bottoms. So, if it is, then how do you know when you've reached a high or a low?
The proprietary software has you set limits above and below the market, based upon a certain distance from the current market. Beyond that I don't think I am at liberty to say how the system works.
  • #110
  • May 28, 2007 10:03am May 28, 2007 10:03am
Quoting mikejody

How can you say it gains more than what FR can produce, if it calculates "only a fraction lot difference." Are you taking profit at a different time than your friend?

What method do you use personally?
I'm not saying that it gain more than what FR can produce, if you read back my post, I used the word "sometimes". In terms of lot allocations they are more or less the same. Sometimes... if not most of the time, the true north can get into the profit zone earlier than FR. I think the correlation period they are using has something to do with it, but I might be wrong.

The method I'm using is getting in at a right time, I've been asking to many question to them and they never get tried of answering me. I really like their support for their users. I said a thousand of times and I say it again, I learned a lot from them, most of the method they taught are really effective, just like the move today on eur/chf bounce after the market opened.
  • #111
  • May 29, 2007 9:42pm May 29, 2007 9:42pm
Greetings friends,

I want to say that I wrote the previous posts about True North based upon my initial reaction upon first examination. It *seemed* to be merely a spreadsheet which showed how much a certain percentage of margin was and how big of lots to use.

However, I must say that upon more thorough study and lots and lots of interaction with the people at True North I have come to a different conclusion.

I now agree with Sam1 that this group is truly professional and can truly help one be profitible in trading. I have never had an email go unanswered and all of their responses are very informative and provide practical help.

So my deepest apology for any previous posts, I've now had a chance to really examine this product and the support provided, and I am one hundred percent supportive of True North and would recommend them to any and all people who want to become profitable in Forex trading.

Again, their email address is true_north at email.com, and I commend them to you wholeheartedly.
  • #112
  • May 30, 2007 6:13pm May 30, 2007 6:13pm
Hi:
Are you still making 1%?
Any glitch from this strategy?
My testing, so far, i am getting 1%+, but some trade lated longer than 1 day and some last only few hrs. If I am selective on entries, it may help reaching profit quicker.

Quoting mikejody
Greetings friends,

I want to say that I wrote the previous posts about True North based upon my initial reaction upon first examination. It *seemed* to be merely a spreadsheet which showed how much a certain percentage of margin was and how big of lots to use.

However, I must say that upon more thorough study and lots and lots of interaction with the people at True North I have come to a different conclusion.

I now agree with Sam1 that this group is truly professional and can truly help one be profitible in trading. I have never had an email go unanswered and all of their responses are very informative and provide practical help.

So my deepest apology for any previous posts, I've now had a chance to really examine this product and the support provided, and I am one hundred percent supportive of True North and would recommend them to any and all people who want to become profitable in Forex trading.

Again, their email address is true_north at email.com, and I commend them to you wholeheartedly.
  • #113
  • May 30, 2007 8:12pm May 30, 2007 8:12pm
How are you selecting your entry ?


Quoting fx4_ever
Hi:
Are you still making 1%?
Any glitch from this strategy?
My testing, so far, i am getting 1%+, but some trade lated longer than 1 day and some last only few hrs. If I am selective on entries, it may help reaching profit quicker.
  • #114
  • May 31, 2007 6:43am May 31, 2007 6:43am
I am still using a modified version of this strategy, taking profit at 5% instead so as to overcome spread. I also enter when Eur/Chf dips and use "dollar cost averaging" to enter.

Quoting fx4_ever
Hi:
Are you still making 1%?
Any glitch from this strategy?
My testing, so far, i am getting 1%+, but some trade lated longer than 1 day and some last only few hrs. If I am selective on entries, it may help reaching profit quicker.
  • #115
  • May 31, 2007 11:07am May 31, 2007 11:07am
Quoting mikejody
I am still using a modified version of this strategy, taking profit at 5% instead so as to overcome spread. I also enter when Eur/Chf dips and use "dollar cost averaging" to enter.
Are you using an EA to close the trades once it hits the 5% - if so, could you post it?

Thanks
  • #116
  • May 31, 2007 11:25am May 31, 2007 11:25am
Yes, I am. Do a search for "Swiss Knife EA" either on here or at TSD.

Quoting mikep
Are you using an EA to close the trades once it hits the 5% - if so, could you post it?

Thanks
  • #117
  • Edited 12:31pm May 31, 2007 11:30am | Edited 12:31pm
I think theres a EA on forex-tsd.com that can close all positions once the profit reached acertain percentage. Maybe we can use that for this hedge strategy. Let me see if I can find it....

BTW, just for anyone who is interested with the true north hedge calculator, I saw on the other forum that they already had their own website, its {link removed}
  • #118
  • May 31, 2007 10:11pm May 31, 2007 10:11pm
SAM1,
While I have maintained interest in this thread, I think you should come clean that you are in fact True North or work for them. You say here that you "saw on the other forum"...when in fact you are the person that posted it on the other forum. Come on, we arent idiots and you are costing your company credibility.
  • #119
  • Jun 2, 2007 2:09am Jun 2, 2007 2:09am
Quoting scottyb159
SAM1,
While I have maintained interest in this thread, I think you should come clean that you are in fact True North or work for them. You say here that you "saw on the other forum"...when in fact you are the person that posted it on the other forum. Come on, we arent idiots and you are costing your company credibility.
The forum site I'm referring to is not forex-tsd, its in goldenmoneytree. Not because I'm sharing it here, it means I'm the owner or working under them. I'm sharing it because they ask me to help them promote "if" I'm satisfied with the results, yes I'm satisfied and I'm spreading the word, I don't see anything wrong with that.

We have been discussing about the formula their using on forex-tsd forum and over the PM there, I think I would not care much to discuss it with you if I already knew the formula. And don't tell me because I didn't gave you the copy of the calculator in exchange of your forex-assistant access, and you suspecting me as the owner or working for true north? I didn't agree for the barter is because its illegal to do so. If that's the reason for your suspicion then yes I think you're an idiot.

If anyone care to know the truth, I can forward the PM scotty sent me in forex-tsd.
  • #120
  • Jun 2, 2007 5:45pm Jun 2, 2007 5:45pm
Mike I posted in a previous thread, but was annoyed at someones negatives, but that was last night.
Anyway, as I posted, 1 lot of the Eur/USD = $10, 1 lot of the USD/CHF = $8.14.

so, to evenly weight, 10/8.13 = 1.23,

so buy 1 Eur to 1.23 CHF, that way you are evenly weighted dollar wise per pip.

Mike, how many lots do you trade for say, $1.000 in your account?

I read on another site, { Link Removed},that for $1,000 in your account, buy 1.4 mini Eur, 1.8 Mini Chf. ( that weights to 1.28, (1.8/1.4) my comment)

Please experiment & we can all work on this. Is there an EA which will automatically TP & re-invest?

This system is simple, too simple & it has attracted sarcasm from losers, we don't want these type of people here.

All the best, Mike
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