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Simplicity is the Key

  • #2,081
  • Nov 26, 2007 7:54pm Nov 26, 2007 7:54pm
I hate to sound like a Pip Buzzard, but could someone lead me to where I can find the exact method. My trading is on auto pilot, and I am always looking for new ideas. The recent success here speaks for itself. Admittedly, I've only read through about 15 pages so far.
  • #2,082
  • Nov 26, 2007 8:00pm Nov 26, 2007 8:00pm
No signal from Trader yet to say if we should close our positions. Should we hang on?
  • #2,083
  • Nov 26, 2007 8:04pm Nov 26, 2007 8:04pm
hang on bro.
  • #2,084
  • Nov 26, 2007 9:11pm Nov 26, 2007 9:11pm
The trades hits the SL of 300 pips closes everything. I just loss 30% of my equity. It happends sometimes but i know it is going to happend just dont know that it is today. Well we have to relax for a while. Have to do something different for now. Ok, ill just do the summary and pip tally later.
See u guys later.
Trader101
  • #2,085
  • Nov 26, 2007 11:08pm Nov 26, 2007 11:08pm
i took almost all the new trades but put in logical stops. i know that your system will continue to perform but don't have enough capital for the big stops you use. thanks for continuing to post your signals. lets hope we get some big trends in london session tonight
  • #2,086
  • Nov 26, 2007 11:14pm Nov 26, 2007 11:14pm
wow. my stops just got hit that i had set below the last big red candle. oddly enough, the price does not appear to have gone that low... dont ever use FXCM
  • #2,087
  • Nov 27, 2007 4:59am Nov 27, 2007 4:59am
Quoting natejax
wow. my stops just got hit that i had set below the last big red candle. oddly enough, the price does not appear to have gone that low... dont ever use FXCM
If you've got a problem, pick up the phone. They should be able to explain things to your satisfaction or resolve whatever glitch may or may not have occurred.

Broker bashing is rarely a good sign. And people love to hate the broker you referenced. But they never explain that you've got a lot of WORSE options.

So give them a call and let us know how your issue was resolved.
  • #2,088
  • Nov 27, 2007 5:26am Nov 27, 2007 5:26am
Quoting brentmack
If you've got a problem, pick up the phone. They should be able to explain things to your satisfaction or resolve whatever glitch may or may not have occurred.

Broker bashing is rarely a good sign. And people love to hate the broker you referenced. But they never explain that you've got a lot of WORSE options.

So give them a call and let us know how your issue was resolved.
For the amount of money involved, my level of stress, and the time factor, i will simply move to another broker.

"Broker bashing is rarely a good sign". Yes, I agree, it would usually (though not always) indicate that there is a problem with the broker. I also trade equities and, strangely enough, have never run into such problems with my equities broker. I am in process of moving my funds to MBT so i won't have to deal with this kind of nonsense.

"worse options". does that mean it is ok to eat fast food every day because there are "worse options"?
  • #2,089
  • Nov 27, 2007 6:04am Nov 27, 2007 6:04am
Trader, your buy signals for the cross currencies was on the money last night. Huge moves up. Anyway to tune the EA that's closing your trades to only close a grouping of losing trades and trail stop your winning trades?
  • #2,090
  • Nov 27, 2007 8:23am Nov 27, 2007 8:23am
Quoting Afxtrader
Trader, your buy signals for the cross currencies was on the money last night. Huge moves up. Anyway to tune the EA that's closing your trades to only close a grouping of losing trades and trail stop your winning trades?
You were right..Bro..
I am reviewing the record of last night trade while i was sleeping and we did hit to as high as 269 pips cumulative total. but reverses in the morning before i wake up. It is almost the same like that in all trade. Maybe i should not sleep anymore..LOL. You are again right that the EA should be tailored to a lesser TP than my original setting. In fact i have that in the external setting but i always set it at 700 to 1000 pips. On the trailing I am not really a fan of trailing stops. Anything that is about stops I am not so receptive about. Stop is always the enemy of progress in some way. I have no problem getting the right direction of trade 80% of the time, the only problem is keeping the profit. I did work as a signal provider before probably that was the reason for this attitude.
Thanks
  • #2,091
  • Nov 27, 2007 8:29am Nov 27, 2007 8:29am
My apologies for all of you Guys,
For this dismall start of the week. I know that i have made all the right call its just that we too confident to get more than the currency could deliver. Perhaps this is also because of the goal that i set for this week..1,500 pips that i keep pushing the limit so much. I will definitely reduce the TP setting and as for you be your judge to how much you should get on each trade. As some trader would say do not leave your pips on the table. I will keep giving you the signal ( hopefully the right one-- then you are on your own on the take profit issues.)
  • #2,092
  • Nov 27, 2007 9:05am Nov 27, 2007 9:05am
no need to apologize trader. we appreciate your time and effort.
  • #2,093
  • Nov 27, 2007 9:42am Nov 27, 2007 9:42am
i may actually have to give up the signals and return to trading PSAR dailys, not because of the signals, themselves, but because of the tolll it has been taking on my well-being...

wife has been growingly unhappy about me waking up at all hours.. i have been sleeping in late in the morning, and struggling to get in to the gym.. its also interfering with my work somewhat...

i might try just hitting the signals on Tuesday and Wednesday nights, when i would expect the best trends to be found anyway... we will see what happens.. but i am def going to have to give up the 24-5 trading plan in order to prevent discord in the home, LOL.
  • #2,094
  • Nov 27, 2007 2:53pm Nov 27, 2007 2:53pm
Quoting natejax
i may actually have to give up the signals and return to trading PSAR dailys, not because of the signals, themselves, but because of the tolll it has been taking on my well-being...

wife has been growingly unhappy about me waking up at all hours.. i have been sleeping in late in the morning, and struggling to get in to the gym.. its also interfering with my work somewhat...

i might try just hitting the signals on Tuesday and Wednesday nights, when i would expect the best trends to be found anyway... we will see what happens.. but i am def going to have to give up the 24-5 trading plan in order to prevent discord in the home, LOL.

With this many pips why even try to keep up with Trader..he has always said he pushes the trades. Seems to me keeping an eye out during your waking, non working hours for a signal is clearly bonus pips. If trader ends up shooting for 1000 per week and you get 200-400 of them you are a big winner..
I watched Steviet go crazy with this and last I heard he is trying to readjust. For me I want automatic pilot not thrill seeking trading..

Besides, we still have to develop our own systems...Trader is not going to do this signal for ever..

generalz
  • #2,095
  • Nov 27, 2007 5:33pm Nov 27, 2007 5:33pm
Looks like this started in February, and the system hasn't been divulged yet? Although there has been promises and teases that it would be. The first post said it was a very easy one, too. Why not divulge your system and let others trade from it, or not, instead of relying on your posts? I don't understand at all.
  • #2,096
  • Nov 27, 2007 7:35pm Nov 27, 2007 7:35pm
I have been trading along here and works fine for me. You dont have to follow all the signal he gave. Choose what's suit you .

Anyway thanks trader101.
Keep it going.
  • #2,097
  • Nov 27, 2007 8:27pm Nov 27, 2007 8:27pm
Quoting paradoxical
Looks like this started in February, and the system hasn't been divulged yet? Although there has been promises and teases that it would be. The first post said it was a very easy one, too. Why not divulge your system and let others trade from it, or not, instead of relying on your posts? I don't understand at all.
2,096 post, 140 pages, a ton of pips,
and still, no system details????

hmm....

Whats the deal trader?
  • #2,098
  • Nov 27, 2007 8:50pm Nov 27, 2007 8:50pm
UPDATE


33) Sell GbpUsd @ 2.0673 --- +25 pips
  • #2,099
  • Nov 27, 2007 8:58pm Nov 27, 2007 8:58pm
Quoting Mills, Inc
2,096 post, 140 pages, a ton of pips,
and still, no system details????

hmm....

Whats the deal trader?
Nobody is forcing anybody here. If you are bored get the hell out of here. If you dont want the damn signal, its not for you. It is for me and for my record. I dont even know why you are here. I have no secret system. it is about trend and market sentiments a simple MACD can monitor that, try shifting it until it mets your requirement. Do not wait for somebody to give you a system. You have to develop your own. There are tons of simple generic system which you can develop and experiment. You have to read a lot. Monitor the US Dollar index everyday. That decides the movement of other currencies. I dont use indicators, i hate them. That is the deal here.
I do not expect anymore immature outburst from you.
  • #2,100
  • Nov 27, 2007 9:18pm Nov 27, 2007 9:18pm
don't let it get to you trader. nice job on tonights trade.. i am trading pennies now until i can get myself into profit range..
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