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Cesarnc's market talk, gossips, rumours & fun

  • #1,361
  • Jan 2, 2008 8:18am Jan 2, 2008 8:18am
Quoting cesarnc
Not crazy

Cable below 2.0 a month a go? The guy would be fired and sent to an institution for saying that.

I myself said "USDCAD to parity" by mid-2007 and people treated my like I was retarded... Not to mention those who like to bring patriotism to forex and shouted "NO FUC#$@% WAY Canada is better than US"

I don't give a shit who is better. I need my pips!
Humble Lifetime Member
  • #1,362
  • Jan 2, 2008 8:22am Jan 2, 2008 8:22am
euro and canadians are gona rock in 08, ... but nothing like gold...demand is 2 strong....same with oil...but cable is gona become ranging pair, i believe , since both currencies are in proces of lowering interests, so funamently they are competing which will go lower,...
its just money
  • #1,363
  • Jan 2, 2008 8:31am Jan 2, 2008 8:31am
First trade of the year is a winner!

100 pips shorting my sweetheart GJ.

I don't know what hit it, but it slumped 100 pips in 15 minutes
  • #1,364
  • Jan 2, 2008 8:31am Jan 2, 2008 8:31am
My condolences go to:




Everyone who was long in GJ & GU.




I Told You So!




SOB's

Humble Lifetime Member
  • #1,365
  • Jan 2, 2008 8:33am Jan 2, 2008 8:33am
Quoting Ash
My condolences go to:
Everyone who was long in GJ & GU
Ash,

I heard they're having a meeting about that soon I think, or hope.
Patience + Humility + Study = Success
  • #1,366
  • Jan 2, 2008 8:33am Jan 2, 2008 8:33am
Quoting cesarnc
First trade of the year is a winner!

100 pips shorting my sweetheart GJ.

I don't know what hit it, but it slumped 100 pips in 15 minutes

Oh, that's right, no carry overs from last year.....Shit.

But congratulations brother!
Humble Lifetime Member
  • #1,367
  • Jan 2, 2008 8:35am Jan 2, 2008 8:35am
Quoting DutchTrader
Ash,

I heard they're having a meeting about that soon I think, or hope.

Yeah, like the one guy who said "I heard that the BOE is going to hold an emergency meeting about the falling Pound".

Humble Lifetime Member
  • #1,368
  • Jan 2, 2008 8:39am Jan 2, 2008 8:39am
Quoting Ash



Oh, that's right, no carry overs from last year.....Shit.

But congratulations brother!
It's just automated trade. I'm not allowed to touch my computer anymore. Too many losses

Now the EA does the hard work and I just watch. Damn computers are going to take over the world like in Terminator. Mark my words
  • #1,369
  • Jan 2, 2008 8:42am Jan 2, 2008 8:42am
Quoting cesarnc
It's just automated trade. I'm not allowed to touch my computer anymore. Too many losses

Now the EA does the hard work and I just watch. Damn computers are going to take over the world like in Terminator. Mark my words
Wish I could have my computer doing that.

The day that computers take over, I am going fishing.
Humble Lifetime Member
  • #1,370
  • Jan 2, 2008 8:44am Jan 2, 2008 8:44am
I'm looking for a break of 219.50 on GJ. Euro back to 1.4592
Patience + Humility + Study = Success
  • #1,371
  • Jan 2, 2008 8:49am Jan 2, 2008 8:49am
Quoting Ash
Wish I could have my computer doing that.

The day that computers take over, I am going fishing.
It's nicotina's strategy (http://forexfactory.com/showthread.php?t=51365)

There is the EA there. And after backtesting it, you would be amazed on the power of a winning strategy over your "discretion" on the market.

The majority of the wins came in days I was SURE it will be a loser

Like today that it shorted 220.93. I though, "here we go losing money in the first day of the year already".

You can download the PDF file there, in which I showed the backtest's results.
  • #1,372
  • Jan 2, 2008 8:52am Jan 2, 2008 8:52am
Quoting cesarnc
It's nicotina's strategy (http://forexfactory.com/showthread.php?t=51365)

There is the EA there. And after backtesting it, you would be amazed on the power of a winning strategy over your "discretion" on the market.

The majority of the wins came in days I was SURE it will be a loser

Like today that it shorted 220.93. I though, "here we go losing money in the first day of the year already".

You can download the PDF file there, in which I showed the backtest's results.
Fairly straightforward, cesar. High and Low strategy, basically right?
Patience + Humility + Study = Success
  • #1,373
  • Jan 2, 2008 8:52am Jan 2, 2008 8:52am
Quoting cesarnc
It's just automated trade. I'm not allowed to touch my computer anymore. Too many losses

Now the EA does the hard work and I just watch. Damn computers are going to take over the world like in Terminator. Mark my words
I just hope that u dont name ur computer as "Skynet"
  • #1,374
  • Jan 2, 2008 8:53am Jan 2, 2008 8:53am
Quoting Ash
Wish I could have my computer doing that.

The day that computers take over, I am going fishing.
not without your computer
If I Go Broke Trying Then I Will die happy.
  • #1,375
  • Jan 2, 2008 8:55am Jan 2, 2008 8:55am
Quoting Moe
not without your computer
Patience + Humility + Study = Success
  • #1,376
  • Jan 2, 2008 8:58am Jan 2, 2008 8:58am
Quoting cesarnc
It's nicotina's strategy (http://forexfactory.com/showthread.php?t=51365)

There is the EA there. And after backtesting it, you would be amazed on the power of a winning strategy over your "discretion" on the market.

The majority of the wins came in days I was SURE it will be a loser

Like today that it shorted 220.93. I though, "here we go losing money in the first day of the year already".

You can download the PDF file there, in which I showed the backtest's results.
Cesarnc.. one thing that bugs me alot bout this startegy (although so far is proven working) is that the R:R = 1:1. So in order to profit in the long term.. this strategy need to be right on more than 50% possibilities. So im wondering will the results be better if we add another rule like "only trade when going with the trend". What do u think?
  • #1,377
  • Jan 2, 2008 9:01am Jan 2, 2008 9:01am
Welcome 1.50 and 209
Patience + Humility + Study = Success
  • #1,378
  • Jan 2, 2008 9:04am Jan 2, 2008 9:04am
Quoting DutchTrader
Fairly straightforward, cesar. High and Low strategy, basically right?
Yes... Ridiculously simple for the return it provides.

Max 4 consecutive losers in the last 6 months. 68% win (1 tade a day).

This 68% win ratio is psychologically important: As you know that in 32% of the days you will lose, you just don't give a shit anymore for a losing trade.

I will just start worrying too much above 32% and/or above 4 consecutive losers.

See what I mean? I'm writing those lines and completely forgot about the news

My cardiologist is going to HATE this
  • #1,379
  • Jan 2, 2008 9:08am Jan 2, 2008 9:08am
Quoting dd33
Cesarnc.. one thing that bugs me alot bout this startegy (although so far is proven working) is that the R:R = 1:1. So in order to profit in the long term.. this strategy need to be right on more than 50% possibilities. So im wondering will the results be better if we add another rule like "only trade when going with the trend". What do u think?
It is. 68% in the last 6 months.

Everytime I touched the SL and the TP by my "discretion", I fucked up the trade. Let it run, don't worry, be happy.

But I think, if you like it, you should test it with small lots for an entire month, like I did. So you will get used to the strategy. Not unusual it trades -80 before giving you the profit and it has traded +99 to stop me out in the following hours...

Shit happens and you get used to it.

Everytime I got greedy and enlarged the TP level to +200, it traded +130 and stopped me out with -100

I call this "The Cesarnc Hands-on Factor"
  • #1,380
  • Jan 2, 2008 9:11am Jan 2, 2008 9:11am
I'm short GJ let's see
Patience + Humility + Study = Success
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