I may have found the Holy grail | Forex Factory

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I may have found the Holy grail

  • #1
  • First Post: Jun 11, 2007 6:27pm Jun 11, 2007 6:27pm
Ok This is no bull s****, so hear me out!

I have just discovered something accidentally and after testing it manually as far back as 1978 I have just one loser! The setup is so perfect that it happens only a few times a month but can guarantee 150-300+ pips!
That is all we need, 100 pips to be rich! (Well, that is all I need).

I will be posting a trade which should be setting up real soon so bookmark this thread and stay tuned!
  • #2
  • Jun 11, 2007 6:32pm Jun 11, 2007 6:32pm
Quoting aqibsherwani
Ok This is no bull s****, so hear me out!

I have just discovered something accidentally and after testing it manually as far back as 1978 I have just one loser! The setup is so perfect that it happens only a few times a month but can guarantee 150-300+ pips!
That is all we need, 100 pips to be rich! (Well, that is all I need).

I will be posting a trade which should be setting up real soon so bookmark this thread and stay tuned!
I pray you are correct!!!
Will you be posting the rules also?
  • #3
  • Jun 11, 2007 6:38pm Jun 11, 2007 6:38pm
Good for you......

Ed
  • #4
  • Jun 11, 2007 6:46pm Jun 11, 2007 6:46pm
Quoting aqibsherwani
Ok This is no bull s****, ...

I will be posting a trade which should be setting up real soon so bookmark this thread and stay tuned!
Quote PF. {not Private; Pink}
"Welcome to the machine"

Seriously though, Congrats on your discovery, whatever it may be.
  • #5
  • Jun 11, 2007 6:52pm Jun 11, 2007 6:52pm
Quoting aqibsherwani
I may have *FOUND* the Holy grail.
you too ?
  • #6
  • Jun 11, 2007 7:02pm Jun 11, 2007 7:02pm
Can you start to share some of the specifics?

What do you have Neznaika?

Peace - Out
  • #7
  • Jun 11, 2007 7:27pm Jun 11, 2007 7:27pm
Quoting aqibsherwani
Ok This is no bull s****, so hear me out!

I have just discovered something accidentally and after testing it manually as far back as 1978 I have just one loser! The setup is so perfect that it happens only a few times a month but can guarantee 150-300+ pips!
That is all we need, 100 pips to be rich! (Well, that is all I need).

I will be posting a trade which should be setting up real soon so bookmark this thread and stay tuned!
Quick! Can someone write an EA for this?!!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #8
  • Jun 11, 2007 7:49pm Jun 11, 2007 7:49pm
Quoting diallist
Quick! Can someone write an EA for this?!!
Unlike you to post this kinda stuff Diall.

Who knows? Perhaps s/he's right {or at least, almost}. I think we should give him/her some space to expound.
No offence intended Charles, although I think that is understood.
[delete as neccessary]
  • #9
  • Jun 11, 2007 7:53pm Jun 11, 2007 7:53pm
Quoting Bemac
Unlike you to post this kinda stuff Diall.

Who knows? Perhaps s/he's right {or at least, almost}. I think we should give him/her some space to expound.
No offence intended Charles, although I think that is understood.
[delete as neccessary]
Yep! You're right as rain Bemac! That was totally out of character for me!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #10
  • Jun 11, 2007 7:57pm Jun 11, 2007 7:57pm
I thought so.
  • #11
  • Jun 11, 2007 8:06pm Jun 11, 2007 8:06pm
I know as well as everyone there is no holy grail, but we can maybe get closer than we think if we all had a little patience, I bet most people who use a system based on anything above 1 hr charts can point to one or maybe 2 signals per month that they would call perfect setups, whatever system they are using be it PA or indicator based.

If we could all learn to have the patience of a saint and only trade those 1 or 2 signals, and load up on them with solid money management we wouldn't be far short of some sort of personal grail.

This goes back to a thread that James started months ago about waiting and waiting and only taking your best A++ signals.

But of course human nature being what it is this is very hard to do, we all hate missing moves so end up taking A++, B and even C trades just in case we miss something.
  • #12
  • Jun 11, 2007 8:38pm Jun 11, 2007 8:38pm
Quoting scorpion
I know as well as everyone there is no holy grail, but we can maybe get closer than we think if we all had a little patience, I bet most people who use a system based on anything above 1 hr charts can point to one or maybe 2 signals per month that they would call perfect setups, whatever system they are using be it PA or indicator based.

If we could all learn to have the patience of a saint and only trade those 1 or 2 signals, and load up on them with solid money management we wouldn't be far short of some sort of personal grail.

This goes back to a thread that James started months ago about waiting and waiting and only taking your best A++ signals.

But of course human nature being what it is this is very hard to do, we all hate missing moves so end up taking A++, B and even C trades just in case we miss something.
Right on Scorpion! If anything approaches the Holy Grail, you've just described it! And along with the patience you mention, I would add in a great, hugh, large and grande dose of DISCIPLINE to follow the same rules over and over and over, trade after boring trade.

I would also add, for the benefit of all the beautiful newbies to this extreme sport of forex trading that if you are just starting out (which I guess you would be if you're a newbie, hehe), that in addition to the wise and sage advice given by Scorpion that you limit yourself to the following.

* Trade Daily charts only. Nothing shorter.

* Trade a true leverage of 1:1 or LESS (See Money Management thread in the Beginner's Forum.)

* Trade one proven method. (See the FREE James16 Chart Thread)

* Trade only one currency.

* Get NAKED! Trade with no or very, very few indicators.

* Learn Price Action Analysis (See the FREE James16 Chart Thread)

What?!! Did I hear one of you new folks saying, "But I wont make any money if I do that!" I've got news for you new folks. If you, as a new person, try to make money trading, you will certainly lose it. And the harder you try, the faster you will lose it.

If you want to make boatloads of money in the future, then forget about making money now. For now, your TOTAL focus should be on learning how to trade well. If you learn how to trade well, the money will follow automatically.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #13
  • Edited 8:56pm Jun 11, 2007 8:38pm | Edited 8:56pm
Quoting diallist
Quick! Can someone write an EA for this?!!
!...
Another entertaining thread

Quoting diallist
Right on Scorpion! If anything approaches the Holy Grail, you've just described it! And along with the patience you mention, I would add in a great, hugh, large and grande dose of DISCIPLINE to follow the same rules over and over and over, trade after boring trade.

I would also add, for the benefit of all the beautiful newbies to this extreme sport of forex trading that if you are just starting out (which I guess you would be if you're a newbie, hehe), that in addition to the wise and sage advice given by Scorpion that you limit yourself to the following.

* Trade Daily charts only. Nothing shorter.

* Trade a true leverage of 1:1 or LESS (See Money Management thread in the Beginner's Forum.)

* Trade one proven method. (See the FREE James16 Chart Thread)

* Trade only one currency.

* Get NAKED! Trade with no or very, very few indicators.

* Learn Price Action Analysis (See the FREE James16 Chart Thread)

What?!! Did I hear one of you new folks saying, "But I wont make any money if I do that!" I've got news for you new folks. If you, as a new person, try to make money trading, you will certainly lose it. And the harder you try, the faster you will lose it.

If you want to make boatloads of money in the future, then forget about making money now. For now, your TOTAL focus should be on learning how to trade well. If you learn how to trade well, the money will follow automatically.

Dial
That's the real path
  • #14
  • Jun 12, 2007 6:04am Jun 12, 2007 6:04am
Quoting Bemac
Unlike you to post this kinda stuff Diall.

Who knows? Perhaps s/he's right {or at least, almost}. I think we should give him/her some space to expound.
No offence intended Charles, although I think that is understood.
[delete as neccessary]
Thanks Bemac for your support. I know what I am saying sounds a bit crazy but it works! And I am as shocked as much as you guys!
  • #15
  • Jun 12, 2007 6:18am Jun 12, 2007 6:18am
As much as I'm already confident trading my own system and getting experience from my trades, I'm still ready to hear you out mate
  • #16
  • Jun 12, 2007 7:27pm Jun 12, 2007 7:27pm
Quoting aqibsherwani
Thanks Bemac for your support. I know what I am saying sounds a bit crazy but it works! And I am as shocked as much as you guys!
The suspense is killing me!!

Please let us in on it!!
  • #17
  • Jun 13, 2007 10:53pm Jun 13, 2007 10:53pm
Quoting aqibsherwani
Thanks Bemac for your support. I know what I am saying sounds a bit crazy but it works! And I am as shocked as much as you guys!
are you trading it live or demo?
I'm just moving clouds today - tomorrow I'll try mountains.
  • #18
  • Jun 14, 2007 2:50pm Jun 14, 2007 2:50pm
buy g/u at 1.9698

not the best setup but im long here.
  • #19
  • Jun 14, 2007 3:11pm Jun 14, 2007 3:11pm
Quoting aqibsherwani
buy g/u at 1.9698

not the best setup but im long here.
Are you planning on discussing why?

Not much to talk about otherwise... I would enjoy hearing more about your thoughts on this

thanks in advance,
  • #20
  • Jun 14, 2007 8:42pm Jun 14, 2007 8:42pm
Quoting aqibsherwani
buy g/u at 1.9698

not the best setup but im long here.
so if it goes south you wouldn't have any bad feelings of showing the steps you made before determining this trade, and i will compare that to my holy grail http://www.forexfactory.com/images/icons/icon10.gif
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