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Simplicity is the Key

  • #1,741
  • Nov 19, 2007 5:28pm Nov 19, 2007 5:28pm
Nasi Lemak means Rice cooked in Coconut Oil, is it??? Abang
  • #1,742
  • Nov 19, 2007 5:45pm Nov 19, 2007 5:45pm
Quoting pipruler
Trader101, it looks like you use the Ultimate indicator to indicate which way the trend is going but I also notice you seem to have a couple of moving average indicators as well. What are they and where can I get those arrows and the Ultimate indicator? I think those are great! This is a great system you have!
the Ultimate Indicator was a product of 3 years of hard work. I named it the Ultimate since, i dont know if there is any indicator right now that can match this one in predicting the trend. There is a certain calculation that i read from one Russian Statistician book. I generate this indicator and it predicts the trend like 99% of the time. It is not a lagging indicator it is a predictive indicator. The moving averages i just use them so i could see clearly the movement of the candles. The indicative arrow is base on 157, 14. I dont know if i am ready to share the labor of my hard work, it might make all the broker go bankrupt if i distribute this like crazy, kidding side not until i make my first million. The EA that controls the trade was also the product of 3 years hard work.
  • #1,743
  • Nov 19, 2007 5:52pm Nov 19, 2007 5:52pm
Quoting trader101
the Ultimate Indicator was a product of 3 years of hard work. I named it the Ultimate since, i dont know if there is any indicator right now that can match this one in predicting the trend. There is a certain calculation that i read from one Russian Statistician book. I generate this indicator and it predicts the trend like 99% of the time. It is not a lagging indicator it is a predictive indicator. The moving averages i just use them so i could see clearly the movement of the candles. The indicative arrow is base on 157, 14. I dont know if i am ready to share the labor of my hard work, it might make all the broker go bankrupt if i distribute this like crazy, kidding side not until i make my first million. The EA that controls the trade was also the product of 3 years hard work.
Ok, no problem. I was just curious. By the way, are you trading live or demo?
  • #1,744
  • Nov 19, 2007 5:57pm Nov 19, 2007 5:57pm
I could not remember that book written by a Russian Statistician but it goes like this the Current Value is just 33% and the previous values comprises 67 % of the incoming price. There are a few more variable along the line. If i could remember that book I am going the recommend it to all of you.
  • #1,745
  • Nov 19, 2007 6:03pm Nov 19, 2007 6:03pm
Quoting pipruler
Ok, no problem. I was just curious. By the way, are you trading live or demo?
OK one more technique i use for years is to trade simultaneuosly both in Live and Demo at exactly the same price being controlled by one EA to run of different platform but on the same broker. This should allow you to monitor your trade should you exit early in real money. Also I have a recording EA on both demo & real account in case of dispute with the broker. Also it help you a lot if the broker is making some tricks on you.
  • #1,746
  • Nov 19, 2007 6:07pm Nov 19, 2007 6:07pm
Also the reason why the stop loss I have put in in the EA and not in the server platform for the reason that i dont want the broker dealing desk to see my stops. I dont know if its true but a friend of mine who use to work with a broker told me that they have the stop hunting program that hunt all the stops of all the trader and if you happend to be within the 10 pips vicinity you will be stop definitely. Their program becomes blind if you have no stop loss.
  • #1,747
  • Nov 19, 2007 6:11pm Nov 19, 2007 6:11pm
Quoting trader101
Also the reason why the stop loss I have put in in the EA and not in the server platform for the reason that i dont want the broker dealing desk to see my stops. I dont know if its true but a friend of mine who use to work with a broker told me that they have the stop hunting program that hunt all the stops of all the trader and if you happend to be within the 10 pips vicinity you will be stop definitely. Their program becomes blind if you have no stop loss.
Yeah, I've seen that a few times. It hits your stop loss and then turns around and goes back to the direction you were in.
  • #1,748
  • Nov 19, 2007 6:16pm Nov 19, 2007 6:16pm
Updates
12) Sell UsdJpy @ 110.43 --- +65
13) Sell EurJpy @ 161.63 --- +63
14) Sell AudUsd@ .8899 --- +77
15) Sell AudJpy @ 98.27 --- +145
16) Buy EurCad @ 1.4375--- +55
17) Sell NzdUsd @ 0.7558--- +36
18) Sell GbpJpy @ 225.97--- +107
19) Buy UsdCad @ .9825 --- + 15
ADD
20) Sell GbpUsd @ 2.0485

Unrealize total Pip is about + 563
  • #1,749
  • Nov 19, 2007 6:30pm Nov 19, 2007 6:30pm
Out for dinner. See you later
  • #1,750
  • Nov 19, 2007 6:33pm Nov 19, 2007 6:33pm
Ok see ya later. Enjoy your dinner.
  • #1,751
  • Nov 19, 2007 8:19pm Nov 19, 2007 8:19pm
Just wanted to let you know that this afternoon, I took a chance and have started trading the same pairs as you are. At first, I wasn't doing too well, but in the last hour, the pips have started coming my way and right now I am up over 200 pips. Pretty impressive, I must say!
  • #1,752
  • Nov 19, 2007 8:45pm Nov 19, 2007 8:45pm
Quoting hansel
Just wanted to let you know that this afternoon, I took a chance and have started trading the same pairs as you are. At first, I wasn't doing too well, but in the last hour, the pips have started coming my way and right now I am up over 200 pips. Pretty impressive, I must say!
Good for you, man. This is the ultimate system that i develop, i already made a lot of money on this method. Sometimes, i still think i am just lucky
  • #1,753
  • Nov 19, 2007 8:48pm Nov 19, 2007 8:48pm
Updates
12) Sell UsdJpy @ 110.43 --- +63
13) Sell EurJpy @ 161.63 --- +89
14) Sell AudUsd@ .8899 --- +118
15) Sell AudJpy @ 98.27 --- +188
16) Buy EurCad @ 1.4375--- +36
17) Sell NzdUsd @ 0.7558--- +43
18) Sell GbpJpy @ 225.97--- +125
19) Buy UsdCad @ .9825 --- + 20
20) Sell GbpUsd @ 2.0485--- +15

Unrealize total Pip is about + 697 (In Currency 1 lot trading = $7615.45)
  • #1,754
  • Nov 19, 2007 8:53pm Nov 19, 2007 8:53pm
Quoting hansel
Just wanted to let you know that this afternoon, I took a chance and have started trading the same pairs as you are. At first, I wasn't doing too well, but in the last hour, the pips have started coming my way and right now I am up over 200 pips. Pretty impressive, I must say!
What exactly the pairs you traded?
  • #1,755
  • Nov 19, 2007 9:01pm Nov 19, 2007 9:01pm
I'm trading these eight:

UsdJpy
EurJpy
AudUsd
AudJpy
EurCad
GbpJpy
UsdCad
GbpUs

All of them have come into profit or close to it for me except the Long on EUR/CAD
  • #1,756
  • Nov 19, 2007 9:06pm Nov 19, 2007 9:06pm
Quoting hansel
I'm trading these eight:

UsdJpy
EurJpy
AudUsd
AudJpy
EurCad
GbpJpy
UsdCad
GbpUs

All of them have come into profit or close to it for me except the Long on EUR/CAD
Yeah EurCad and NzdUsd are slower they are only in the 43 & 48 resp. on mine. But I am expecting them to fetch over 100 pips by London Open, just be patient. How do you like that? if everytime you trade it is like that.. all positive and no negatives????
  • #1,757
  • Nov 19, 2007 9:26pm Nov 19, 2007 9:26pm
You know, I tried to trade the NZD/USD, but my broker doesn't allow it. Can the NZD only be traded at certain times during the day?
  • #1,758
  • Nov 19, 2007 9:53pm Nov 19, 2007 9:53pm
Quoting hansel
You know, I tried to trade the NZD/USD, but my broker doesn't allow it. Can the NZD only be traded at certain times during the day?
No.. NU is a regular trading pair..perhaps your broker is not carrying it. Some broker have a high spread for this pair too. But there is no restriction about trading NU if your broker is having it
  • #1,759
  • Nov 19, 2007 10:05pm Nov 19, 2007 10:05pm
Updates
12) Sell UsdJpy @ 110.43 --- +71
13) Sell EurJpy @ 161.63 --- +88
14) Sell AudUsd@ .8899 --- +119
15) Sell AudJpy @ 98.27 --- +195
16) Buy EurCad @ 1.4375--- +49
17) Sell NzdUsd @ 0.7558--- +38
18) Sell GbpJpy @ 225.97--- +117
19) Buy UsdCad @ .9825 --- + 20
20) Sell GbpUsd @ 2.0485--- 0
ADDED
21) Sell EurUsd @ 1.4649

Unrealize total Pip is about + 697
  • #1,760
  • Nov 19, 2007 10:09pm Nov 19, 2007 10:09pm
Very impressive results. I'm very interested in the book written by the Russian Statistician. Keep up the great work!!!!!
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