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Trend Finder Daily

  • #221
  • Jun 20, 2008 9:26am Jun 20, 2008 9:26am
It was quite a terrible week, however, the system will pull through. It is susceptible to losing streaks, and unfortunately it looks like we caught one right when we're starting out.

See ya all on Sunday.
Bull101
  • #222
  • Jun 20, 2008 10:34am Jun 20, 2008 10:34am
Quoting FXHOUND
Caught the foolishness in this method today.... the bar colors do change within 24 hours. Do not waste your time unless you base it on closed bars. This thread will die within 15 days. So long!
very optimistic... more people with that attitude will make the world a better place
My charts look like the Matrix
  • #223
  • Jun 20, 2008 6:18pm Jun 20, 2008 6:18pm
I thought it was a pretty good week; I placed 5 trades:

3 went to break even (actually a small profit each) and 2 went to a full 100 pips profit. NO LOSSES.

Quoting Bull101
It was quite a terrible week, however, the system will pull through. It is susceptible to losing streaks, and unfortunately it looks like we caught one right when we're starting out.

See ya all on Sunday.
Bull101
  • #224
  • Jun 22, 2008 4:09pm Jun 22, 2008 4:09pm
its 5pm new york... my trading day started, as well as my new candle for monday... i know im still not trading bulls timezone as im 3 hours ahead of gmt... but since im to lazy to write some super sophisticated mql4 code... i have to live with that... i just give it a try... if my results are good... then the timezone doesnt matter... if my results cant catch up, well then i gotta write that prog...

bull... for ur 100 pip sl... maybe there is some more appropriate solution using atr? maybe uve already been thinking of that...

so for today... no new trades
My charts look like the Matrix
  • #225
  • Jun 22, 2008 7:02pm Jun 22, 2008 7:02pm
Hello Everyone,

I hope you all have a great weekend. There is one signal for today.


CHF/JPY - Short at 103.55

(I ignore the Sunday Candles)
  • #226
  • Jun 22, 2008 7:10pm Jun 22, 2008 7:10pm
Indicators suck!!! lol!!! Good old price action tells you what to do today and gives you what will likely happen the next day! It is or it isn't, and that's it!!!
  • #227
  • Jun 22, 2008 7:13pm Jun 22, 2008 7:13pm
Quoting soeasy69
Indicators suck!!! lol!!! Good old price action tells you what to do today and gives you what will likely happen the next day! It is or it isn't, and that's it!!!
Nothing can tell the future with 100% accuracy
  • #228
  • Jun 22, 2008 8:41pm Jun 22, 2008 8:41pm
Open Trades:

USD/JPY Short at 107.89. Currently at +70. Break Even has been set.
NZD/USD Long at .7535. Trade 1 closed at +100. Trade 2 at +94.
AUD/USD Long at .9444. Trade 1 closed at +100. Trade 2 at +108.
EUR/GBP Long at .7930. Currently at -22.
CHF/JPY Short at 103.55. Currently at -7.


Bull101
  • #229
  • Jun 22, 2008 8:52pm Jun 22, 2008 8:52pm
Wow, this system is not doing so good, huh? I just checked the history of the trades.
  • #230
  • Jun 22, 2008 8:57pm Jun 22, 2008 8:57pm
Quoting Dreamliner
Wow, this system is not doing so good, huh? I just checked the history of the trades.
Unfortunately we hit a losing streak right when we started. However, the system will prove itself soon.

Bull101
  • #231
  • Jun 23, 2008 1:06pm Jun 23, 2008 1:06pm
6 Trades: 3 Breakeven (small Profit Actually), 2 Wins And 1 50 Pips Up As We Speak (taken To Breakeven So A Free Trade) And Already Taken 50 Pips Profit From That Trade Already.
  • #232
  • Jun 23, 2008 1:18pm Jun 23, 2008 1:18pm
Big hopes did i have about this system.However it failed for me after 1 week just like another system. Still will give it a try a bit more
  • #233
  • Jun 23, 2008 1:24pm Jun 23, 2008 1:24pm
Quoting gtrade
6 Trades: 3 Breakeven (small Profit Actually), 2 Wins And 1 50 Pips Up As We Speak (taken To Breakeven So A Free Trade) And Already Taken 50 Pips Profit From That Trade Already.
Glad to see your having so much success
  • #234
  • Edited 1:57pm Jun 23, 2008 1:25pm | Edited 1:57pm
Quoting The7
Big hopes did i have about this system.However it failed for me after 1 week just like another system. Still will give it a try a bit more
You cannot base a system off of 1 week of results. Please stick around, the true potential of Trend Finder Daily will show itself very soon.

Bull101
  • #235
  • Jun 23, 2008 2:49pm Jun 23, 2008 2:49pm
I agree with B101. There is no way you can tell how a system is going to be after just one week. I still think you can get the 80% win rate that B101 has been getting. Plus if what he said is true and you rarely have 10+ trades open at one time, I'm sure we can get back into profit very quickly.
  • #236
  • Jun 23, 2008 7:03pm Jun 23, 2008 7:03pm
June 24th 2008

USD/CHF - Buy at 1.0450
EUR/JPY - Sell at 167.42
  • #237
  • Jun 23, 2008 10:37pm Jun 23, 2008 10:37pm
Current Open Trades:

NZD/USD at +26
AUD/USD at +67
EUR/GBP at -36
CHF/JPY at +21
USD/CHF at +9
EUR/JPY at -18

Still a lot of trades open. We should start seeing the number of open trades at a time average out by the end of this week.

Bull101
  • #238
  • Jun 23, 2008 11:29pm Jun 23, 2008 11:29pm
Hey everyone, I put together a quick site for signals to be emailed out. Should make it easier for everyone. You can signup at http://trendfinder.freehostia.com.


Bull101
  • #239
  • Jun 23, 2008 11:30pm Jun 23, 2008 11:30pm
Forgot to mention that i'll also be posting the signals on the main page there, as well as in this thread. It should be easier to keep everything organized by posting them on a separate page.

Thanks everyone!

Bull101
  • #240
  • Jun 24, 2008 2:34am Jun 24, 2008 2:34am
Quoting Bull101
Hey everyone, I put together a quick site for signals to be emailed out. Should make it easier for everyone. You can signup at http://trendfinder.freehostia.com.



Bull101
Hi Bull do you not think it is a good idea to keep the google page that is updating the performance every 5 sec or every 5 min i for one find this very good to see at a glance what is happening.

Also i want to say very well done to you and your effort that you are putting into this, yes it as been a first hard week but i for one would like to see the downside early on in systerm and to see how the systerm comes though than to have really good results at first then have a problem with it and say that it is not working and then go looking for somethink else, anyway thanks for doing what you are doing.

David
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