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The Holy Grail - Found

  • #681
  • Edited 6:45pm Feb 25, 2008 6:30pm | Edited 6:45pm
Quoting Bemac
For G0d's sake Blue. With all that Research And Expenses/Revenue Tracking S#it, it sure looks like your tryin' to turn this Vid Game into a Job.
Hmm.. overkill I suppose. But, I only fill in 6 blanks each day, the rest is calculated in the spreadsheet.

It's quite handy. For instance, today I was looking over the data and saw that if I had limited losing days to 2%, November would have been my first profitable month instead of December; Dec would have been considerably better also. I started that in January -- if I lose 2%, I quit trading.
  • #682
  • Mar 2, 2008 8:36am Mar 2, 2008 8:36am
I cant believe all the negative crap i have read on this thread about an unknown person willing to give, in his estimation, for free the particulars of a system that works for him. Shame on all of you who have posted negative remarks in here about John W.

John W. If i had a successfull winning system i think after reading this thread i would be very careful about sharing it with anyone in a thread.

Thanks John You are a better man than I.
  • #683
  • Mar 3, 2008 5:43am Mar 3, 2008 5:43am
Quoting hharrington
I cant believe all the negative crap i have read on this thread about an unknown person willing to give, in his estimation, for free the particulars of a system that works for him. Shame on all of you who have posted negative remarks in here about John W.

John W. If i had a successfull winning system i think after reading this thread i would be very careful about sharing it with anyone in a thread.

Thanks John You are a better man than I.
Harrington,

Its not called "negative crap", its called "constructive criticism" it helps evolve the system for everyone's benefit, I believe John himself acknowledge and thanked everyone for their contribution whether for or against the system.
  • #684
  • Mar 3, 2008 5:46am Mar 3, 2008 5:46am
Quoting blueruby
fugly, please give credit to the poster; include the link if possible. Some of us might go looking for him/her, and also to see if he/she's still around....
Hi blueruby,

I'm really sorry for the delay, I completely missed your post, the quote is taken from the babypips forum

http://forums.babypips.com/forextown...fessional.html
  • #685
  • Mar 4, 2008 1:56pm Mar 4, 2008 1:56pm
Quoting valterroque
Hello FxNorm
Is this what you mean?
Am I doing right?
Thanks
Valter
Hey Valter

How do I get that neat digital clock you have in your charts showing all those times (Broker, GNT , Lonodon etc )
  • #686
  • Mar 4, 2008 4:58pm Mar 4, 2008 4:58pm
Quoting fugly
Hey Valter

How do I get that neat digital clock you have in your charts showing all those times (Broker, GNT , Lonodon etc )

Hi,

I have no clue

Here it his. You must allow DLL on the indicator to operate correctly

Enjoy it
Attached File(s)
File Type: mq4 Clock v1_2.mq4   15 KB | 758 downloads
  • #687
  • Mar 5, 2008 12:01pm Mar 5, 2008 12:01pm
Thanks Valter, will try it out and let u know.
  • #688
  • Mar 5, 2008 5:01pm Mar 5, 2008 5:01pm
Valter

I cant seem to get it to work, am i supposed to simply drag and drop ? Anyone know how to get this to work?
  • #689
  • Mar 5, 2008 5:22pm Mar 5, 2008 5:22pm
did you make sure to check "allow dll imports" in the "common" tab in the indicator properties box,, when you dragged and dropped
  • #690
  • Mar 8, 2008 7:38pm Mar 8, 2008 7:38pm
Hi mutant,

yup that was it, its working now ... thanks
  • #691
  • Edited 9:11pm Mar 9, 2008 5:18pm | Edited 9:11pm
Sorry for the absence, but I've been devoting my time to the metals markets.
My opinion is that the metals are going to go MUCH higher, so I won't be involved in much currency trading, except maybe the usd/cad.
Scalping currency's for a few pips was ok in the past, but I think there's
important money to be made in the metals, plus I know their direction.

The only currency trade I like at the moment is a break of the trendline on usd/cad. Draw a trendline up from the bottom of 0.9050 and when price breaks that trendline, jump on it and hang on, it could drop hundreds of pips.

Study Johnw's method, it will teach you how to really understand how breakouts work and why they work, better than any other thread in FF, because you will view the breakout thru manipulation. Remember, the big banks manipulate the price of currency's constantly, so stay in tuned with that manipulation if you want to conserve your resources. Go with the big banks momentum plays, forget the rest...don't become a member of the 95%. GL
  • #692
  • Mar 9, 2008 9:26pm Mar 9, 2008 9:26pm
Quoting JohnW
The Holy Grail……..Found
So what is your system? Can you share?

Thanks Brandon
  • #693
  • Mar 9, 2008 9:55pm Mar 9, 2008 9:55pm
Quoting brandonnkim
So what is your system? Can you share?

Thanks Brandon
Read the thread.
  • #694
  • Mar 9, 2008 9:57pm Mar 9, 2008 9:57pm
Quoting brandonnkim
So what is your system? Can you share?

Thanks Brandon
Here it is, the 30 pip stoploss is only a guide, use s/r levels as stops.

http://www.forexfactory.com/showthre...=59460&page=17
  • #695
  • Mar 9, 2008 11:23pm Mar 9, 2008 11:23pm
I can understand wanting to trade metals at the moment but why in the world would anyone virtually abandon a system with a 95%+ success rate?

Things that make you go hmmmmm...
  • #696
  • Mar 16, 2008 2:31am Mar 16, 2008 2:31am
Quoting valterroque
Hi,

I have no clue

Here it his. You must allow DLL on the indicator to operate correctly

Enjoy it
Valter,

It shows GMT and local time as the same although they should be 5 & 1/2 hrs
apart, dyo know how i can fix this?

thanks
  • #697
  • Mar 16, 2008 6:42am Mar 16, 2008 6:42am
One thing that's funny about this thread and others is the way people are quick to disregard someone else's opinion, thought process, trading strat, or ideas if they are different than the norm or theirs. One that really kills me is when someone tries to make 10-20 pips per trade it's considered scalping. For all you anti-scalpers (10-20 pip bashing folk), here's a lesson. There's more than 1 way to 100.
If you had 5 accounts, making 20 pips consistently that's 100 pips per trade.
If the pip value was $10 per pip, thats $1,000 per trade. Go Figure!

Note to Newbs.
It's exciting to read all the post here on FF of folks making hundreds of pips on a single trade. To be totally honest, any trade where you make profit and not lose money is a winning trade. Who set the mark to 100 or more pips is the standard? Find something that works for you, and exercise proper risk/ratio and you will be find. There is no 1 perfect system. Find what works for you and ride it until the wheels fall off!

P.S. Don't go out spending a lot of money on this system and that, books, classes, gurus, etc. Everything that you need to be successful can be found right here. You have to decipher between the BS to find it!
  • #698
  • Mar 16, 2008 2:26pm Mar 16, 2008 2:26pm
Quoting DollaBill
One thing that's funny about this thread and others is the way people are quick to disregard someone else's opinion, thought process, trading strat, or ideas if they are different than the norm or theirs. One that really kills me is when someone tries to make 10-20 pips per trade it's considered scalping. For all you anti-scalpers (10-20 pip bashing folk), here's a lesson. There's more than 1 way to 100.
If you had 5 accounts, making 20 pips consistently that's 100 pips per trade.
If the pip value was $10 per pip, thats $1,000 per trade. Go Figure!

Note to Newbs.
It's exciting to read all the post here on FF of folks making hundreds of pips on a single trade. To be totally honest, any trade where you make profit and not lose money is a winning trade. Who set the mark to 100 or more pips is the standard? Find something that works for you, and exercise proper risk/ratio and you will be find. There is no 1 perfect system. Find what works for you and ride it until the wheels fall off!

P.S. Don't go out spending a lot of money on this system and that, books, classes, gurus, etc. Everything that you need to be successful can be found right here. You have to decipher between the BS to find it!

Hey DollaBill -

You hit the nail on the head! The underlying purpose of my posting this thread was to get traders to realize that to succeed in this market, you have to think. There are tons of vendors selling magic indicators, and crossover systems. I, too, bought them thinking that there has to be an automated system or indicator that will reliably signal trade entry (btw, damn few of the many systems I bought had ANY money management rules) for that elusive >80% win ratio. It wasn't until I abandoned that quest and focused on PA that I started being consistently profitable. I am now in my sixth month of >10% per month returns. In fact, I have stopped trading for this month (Rule #1: Greed kills).

As for the many that have PM'd me for training, I will be available after April 1. One of my students abandoned trading, and the other just opened his first live account. As for "training", I will not being revealing much beyond that which is written in this thread.

Here is why in general most indicators don't work. As small traders (is anyone here actually a large bank?), we are primarily followers. We follow trends, and in my case, price movement (aka price action). When the "big dogs" trade, if they are not using the exact same indicator that you are, they don't see the corresponding entry signal, and subsequently, they don't trade. If the strong hands aren't using your system or indicator, you're alone in your trade. You could get lucky and the strong hands might move the market in your favor, but this kind of trading is gambling. What do the strong hands see when they look at a chart? Pivots? Fibo's? SMA's, EMA's, ADX, MACD?, etc, etc?

One thing I know for sure is that they see price. And since I don't personally know any "big dogs", I have no idea what else they see.
Chance favors the prepared
  • #699
  • Mar 16, 2008 2:36pm Mar 16, 2008 2:36pm
Quoting JohnW
I am now in my sixth month of >10% per month returns. In fact, I have stopped trading for this month (Rule #1: Greed kills).

As for the many that have PM'd me for training, I will be available after April 1.
Well done

...but but but Michael Douglas said in WS that greed is good!

I'm still up for a discussion of what you're doing in detail in skype or chat etc eventually whenever you got time in April, just let me know.
I doubt much will come as a surprise(a lot of the things look/sound very familiar or almost identical due to their relation to Jim's PA), but the specifics of what you do different might be a very interesting addon to what I'm doing as it is =)
Trust price. Know yourself.
  • #700
  • Mar 16, 2008 5:49pm Mar 16, 2008 5:49pm
Hello everyone.I've been looking over my charts starting from the weekly down kind of observing.I see a trendline break at the 153.40 area on the weekly chart and at the 50% fib from the very high to low from what i can see.Also a good retracement area as well.If will be interesting how this one plays out.So i will be keeping my eyes open around this area if she goes this far. Take care,Tex
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