...my take on the GBPUSD, it will be flat mostly all weekend then BST 21:00 sunday it may go up a bit then down a bit then up some more then up again then down and that's the first 5 mins but I may be wrong, enjoy...
Cable Update (GBPUSD)
- #768,581
- Aug 19, 2023 3:23pm Aug 19, 2023 3:23pm
- Joined May 2020 | Status: Best trader ever to exist ever | 10,701 Posts
- #768,582
- Aug 19, 2023 3:27pm Aug 19, 2023 3:27pm
- Joined Jul 2011 | Status: Gold Again | 10,569 Posts
{quote} Dave, the profit factor is accurate and doesn't allow anyone to manipulate R:R ratio. Yes, R:R is meaningless. When evaluating trading strategies we are helped by many different types of measures of a strategy’s performance. One of the most common ones is profit factor. The profit factor simply is the ratio between gross profits and gross losses. This means that a strategy that lost $200 but won $400 will have a profit factor of two. In trading, it’s essential to ensure that you have a profit factor that isn’t too low, in order to leave...
I'm sure you know FF rules & regulations.
It takes a lot for me to IGNORE you, but you can try.
- #768,584
- Aug 19, 2023 3:45pm Aug 19, 2023 3:45pm
- Joined May 2022 | Status: Trader | 8,031 Posts
{quote} That's for US stocks, and cost $1, so are you advertising for them? I'm sure you know FF rules & regulations.
hey erebus
years ago you made a post about price returning to pivot points even weeks later that werentt touched during the day..think it had something to do with nostrodomo......i always remembered that and tried to use it but im getting older and more forgetful so could you please repost it cause i searched your post history but got frustrated and quit
short trump and go long the deepstate
- #768,585
- Aug 19, 2023 3:47pm Aug 19, 2023 3:47pm
- Joined Oct 2009 | Status: Trader | 5,639 Posts
{quote} That's for US stocks, and cost $1, so are you advertising for them? I'm sure you know FF rules & regulations.
Always trade your own plan...I don't provide trading signals.
- #768,587
- Aug 19, 2023 4:09pm Aug 19, 2023 4:09pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
{quote} Dave, the profit factor is accurate and doesn't allow anyone to manipulate R:R ratio. Yes, R:R is meaningless. When evaluating trading strategies we are helped by many different types of measures of a strategy’s performance. One of the most common ones is profit factor. The profit factor simply is the ratio between gross profits and gross losses. This means that a strategy that lost $200 but won $400 will have a profit factor of two. In trading, it’s essential to ensure that you have a profit factor that isn’t too low, in order to leave...
- #768,588
- Aug 19, 2023 4:10pm Aug 19, 2023 4:10pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
- #768,590
- Aug 19, 2023 4:22pm Aug 19, 2023 4:22pm
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
How to succeed in zero sum game?
- #768,591
- Aug 19, 2023 4:25pm Aug 19, 2023 4:25pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
{quote} Wait. Its not drama this time. Useful info!
- #768,592
- Aug 19, 2023 4:33pm Aug 19, 2023 4:33pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
...my take on the GBPUSD, it will be flat mostly all weekend then BST 21:00 sunday it may go up a bit then down a bit then up some more then up again then down and that's the first 5 mins but I may be wrong, enjoy...
my thots exactly - #768,593
- Aug 19, 2023 4:34pm Aug 19, 2023 4:34pm
- Joined Jul 2011 | Status: Gold Again | 10,569 Posts
{quote} hey erebus years ago you made a post about price returning to pivot points even weeks later that werentt touched during the day..think it had something to do with nostrodomo......i always remembered that and tried to use it but im getting older and more forgetful so could you please repost it cause i searched your post history but got frustrated and quit
Basically, a mean reversion strategy, a few of those popping up in the Trading System forum lately, good luck.
If it pops into my faded memory or I stumble across it, I'll contact you by PM.
It takes a lot for me to IGNORE you, but you can try.
- #768,594
- Aug 19, 2023 4:34pm Aug 19, 2023 4:34pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
{quote} That's for US stocks, and cost $1, so are you advertising for them? I'm sure you know FF rules & regulations.
EDIT : now fixed
- #768,595
- Aug 19, 2023 4:38pm Aug 19, 2023 4:38pm
- | Membership Revoked | Joined Jun 2021 | 1,876 Posts
{quote} Useful Info,, aint seen many posting anything useful imo Whose post should i look at thanks
Ferna and his master can’t provide anything useful
okay okay ill stop making fun of lightheaded people How to succeed in zero sum game?
- #768,596
- Aug 19, 2023 4:39pm Aug 19, 2023 4:39pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
As always, they got nowhere else to be heard. Their idea of creating a new thread and have chance of success there is minuscule. Like leeches, who always requires to suck the energy of others to have any energy of their own. Atleast now they know that they have no followage, and cannot escape their nature of leeching. Let me remind you of your progress in success and followage by linking your thread here: https://www.forexfactory.com/thread/...r-pairs?page=7 Let it come as an reminder that you are always dependant...
What is it you contribute to this thread. So far i have seen fuckall but i dont read many back posts so maybe i missed some of your calls , im just too lazyHow long you been trading ??? you have got a good win rate cant argue that ---- 800% per week aint too shabby at all --- for some reason i canny see your win rate for last week
Are you here just to be nosy and taking other traders calls or you able to make money without copying others yet.... As always get on zoom if you need help
- #768,597
- Aug 19, 2023 4:42pm Aug 19, 2023 4:42pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
{quote} a bit drama too, I didn’t read it. Nordling asked a question. I believe he had pretty decent answers. It went into nice weekend discussion. Sad that
PS, please dont stop taking thepiss outta these dumbasses on my account just keep firing away and maybe they will leave
- #768,598
- Aug 19, 2023 4:43pm Aug 19, 2023 4:43pm
- Joined Aug 2022 | Status: Trader | 4,859 Posts
{quote} Thanks for the nice and detailed explanation buddy. Maybe i can try to integrate an exit indicator. Also running a trade using trailing sl sounds like a good way to maximise profits. Thanks a lot
I believe that you have had some really good suggestions.
The bottom line is to do what you are comfortable with.
I believe that you will have a hard time getting support for your strategy from prop firms as they aren't going to like the dd's.
If you look at the pa and time series data from guys like Stacey Burke (youtube) you will find much more profitable strategies in shorter time frames, at least for those that get his system.
There are lots more strategies out there that are more profitable, with lower dd's and equally consistent.
- #768,599
- Aug 19, 2023 4:47pm Aug 19, 2023 4:47pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,373 Posts
{quote} What should be the settings and should i use 1 ATR or 2x?
Zoom when you want
- #768,600
- Aug 19, 2023 4:51pm Aug 19, 2023 4:51pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE