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The Holiest Of Grails

  • #1
  • First Post: Mar 27, 2008 4:31am Mar 27, 2008 4:31am
Ok, here it is........ This works on all pairs, and all time frames.
Set up your charts. Spend 20 solid minutes analyzing the charts, Fibs, Trendlines, Price, ETC. Once you have came to a solid conclusion on where price will go, TAKE THE TRADE IN THE OPPOSITE DIRECTION WHERE YOU THINK PRICE WILL GO. Thats right, do the opposite. Shoot for 10-20 pips.. works everytime!
{IP Address Matches user Pipsnipers}
  • #2
  • Mar 27, 2008 4:41am Mar 27, 2008 4:41am
You speak like a true winner
  • #3
  • Mar 27, 2008 4:49am Mar 27, 2008 4:49am
lol...... I figured Id inject some humor into the forum! Hey.. this works for some people
{IP Address Matches user Pipsnipers}
  • #4
  • Mar 27, 2008 5:02am Mar 27, 2008 5:02am
You know what they say - 95% of people loose in forex - therefore - when you think to click buy - click sell - this will give you 95% win rate statisticaly
  • #5
  • Mar 27, 2008 5:05am Mar 27, 2008 5:05am
hehe
  • #6
  • Mar 27, 2008 5:10am Mar 27, 2008 5:10am
Venci... were on to something here man!
{IP Address Matches user Pipsnipers}
  • #7
  • Mar 27, 2008 5:15am Mar 27, 2008 5:15am
yes, he is quite good at telling you to go long at the peaks & short at the dips, your holy grail system works extremely well with him
  • #8
  • Mar 27, 2008 5:19am Mar 27, 2008 5:19am
some say 80% win to 20% loose some 85% to 15% some go for 95%to 5%.
so this is the true holy grail why didn't I think of that before!!!!

can you post a template for this system please.
what stop loss you use?

finally a system that works for me.
thank you very much.
keep up the good work.
  • #9
  • Mar 27, 2008 5:26am Mar 27, 2008 5:26am
Quoting Abouelzelouf
some say 80% win to 20% loose some 85% to 15% some go for 95%to 5%.
so this is the true holy grail why didn't I think of that before!!!!

can you post a template for this system please.
what stop loss you use?

finally a system that works for me.
thank you very much.
keep up the good work.

I think you should just use your normal sl as tp, and tp as sl
  • #10
  • Mar 27, 2008 5:29am Mar 27, 2008 5:29am
A MUST to say is, what ever you use, use and do it properly and all will be in harmony!
  • #11
  • Mar 27, 2008 6:28am Mar 27, 2008 6:28am
http://en.wikipedia.org/wiki/The_Opposite
Not all sins are created equal
  • #12
  • Mar 27, 2008 6:38am Mar 27, 2008 6:38am


ok it might work but it just sounds desperate to trade that way

just keep learning every day and eventually you will find the best strategy to perform
  • #13
  • Mar 27, 2008 7:42am Mar 27, 2008 7:42am
I agree. it is a very desperate approach... I posted it as a joke.. but the more I think about it, the more I realize that it just may work out well give it a try in your demo..
{IP Address Matches user Pipsnipers}
  • #14
  • Mar 27, 2008 7:50am Mar 27, 2008 7:50am
I know what you mean about going one way or the other. Greg at http://Forex.fxdd.com is good. Read some of his stuff and watch his daily video. I have started to follow it daily as part of my routine getting back into trading. I'm not plugging it, it just seems to tell it like it is in the Forex with no hype.
  • #15
  • Mar 27, 2008 8:41am Mar 27, 2008 8:41am
The "Dirty Gringo" strategy works particularly well with regard to stop loss trades. I have noticed that the market invariably turns as soon as my stop loss has been triggered. Clearly, doubling the trade instead of coming out would have been a big winner
  • #16
  • Last Post: Mar 28, 2008 2:10am Mar 28, 2008 2:10am
Quoting Dirty Gringo
I agree. it is a very desperate approach... I posted it as a joke.. but the more I think about it, the more I realize that it just may work out well give it a try in your demo..
depends on what time you enter the market and the pair in front of you

are you seriously serious about this? let's go for it then

i would pick a cross pair which mostly has same strength going up or down
and my trading hour would be japan open, mid london, forget the US hours
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