Simple Trading Method with trader101

Quoting fluke

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Pardon if i'm wrong, I think T101 doesnt hard fix 1 or 2 method, but rather trade according to 'overall movement' thus gain average positive pips. To either trade 1 or 2 or all pairs are judgement based on how the 14-pair indicator is performing. If only certain pair shows promising signal, only trade that pair, if almost all shows signal - trade all, as on average the wins will be more than loses.

T101, just wonder if there's any negative performance for past few mths that you've traded? Or any situation that should be avoided?

Great work, keep it up and Thanks.

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Quoting matrixebiz

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How can I make sure that the Sells will be in one section and the Buys will be in another section? Won't they just get all scrambled? or is it normal for them to settle into sections when you sort them from negative to positive? I just don't get how you keep them in order like that since as price changes the Buys and Sells will be all scrambled ??

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Quoting trader101

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Clik the profit column (in your terminal)twice to make the positive at the top and the negative at the bottom. At the start they are scrambled and will eventually settle down like the dirt in the water. Also they will start to group themselves all the sells in one position and the buys on the other.

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Quoting phoenixfx

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Hi Trader 101,
Thanks for sharing this system, however i need more explanation on how to determine to Long or Short.
The first time (start of the week), we have 7 buy and 7 sell, when the buy jump up over the boundaries, it must be another pair that jump down to the minus area), when it happen we will trade those two pairs, but how to decide whether LOng or Short those two pairs?

Thanks for your kindness.

Phoenix

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Quoting matrixebiz

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Ok, so if I'm going to stick with the 14 pair method then once all Buys and Sells are together I then wait for one of them to break out then;

if Buys are on Bottom and One breaks out upwards then go 14 Long
if Buys are on Top and One breaks out downward then go 14 Short

If Sells are on Bottom and One breaks out upwards then go 14 Short
If Sells are on the Top and One breaks out Downward then go 14 Long

Is that right?

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Quoting trader101

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Im sorry for the confusion that was created by an unclear guidelines. Anyways here is the rule:
Your profit will be arange in a descending order (Positive above, negative below)

1) BUYS that jumps up === BUY
2) SELLS that jumps down=== BUY
3) BUYS that jumps down === SELL
4) SELLS that jumps up === SELL

Use the profitCalc EA it will give the trading direction. I used that to trade 14 pairs in one direction. I hope this clarifies.
T101

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Quoting Rodrigo30

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Sorry my friend,
What are you sorry for?
Thanks for the system!!!
Your Welcome
This means:

1) BUYS that jumps up === BUY (if buy jump to profit you buy)
2) SELLS that jumps down=== BUY (if sell jump to loss you buy)
3) BUYS that jumps down === SELL (if buy jump to loss you sell)
4) SELLS that jumps up === SELL (if sell jump to profit you sell)

This is correct?
Yes that simple, You figure it out! Alleluia

No pun intended

Thanks

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Quoting brijon

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Thank you for briningi AND SHARING THIS GREAT idea our atttention , as i havnt tried this strategy out these are coments only based on my limited knowledge correct me if im wrong
My understanding and past trading experience with hedging strategys is
they rely on the ratio of market inefficiecys of approximately 5%, so by using the exact timimg of placing the orders of shorts and buys you can exploit theise market in efficienciy is that your understanding?
No I am not using the FPI for trading. the demo account as an essential part of this trading method is being use as an indicator and to fully understand the movement of the currencies in the real world a hedged 14 pairs is subjected and equally divided into 2 groups. the movement of this pairs traded hedge will then be observed in an about controlled invironment.
In practice i find the profits and retained losses are if the trend of the market is opposite (counter movement between is retained this produces a good return
However in large volatility the ratio of realized profits and retained losses can work against you
Especially if your account canot support these retained losses, they can cause massive problems over time. Eg when all currencys trend in one direction over a period of time

Now even with a few curencys hedged in live trading this process i call and in low volatility markets
Requires a lot of time and control of the account size re retained losses not show in the profit sheets.
Even running 2 currencies live it the overall realized profit over 4 weeks and liquidating of all
Positions at the end of this period on one macro unit i made $1000 per week but the time
Involved in monetering these trades was full on.
Now that involved also exploiting the in using the timing of re entering the sale profit to my advantage, so i cant imagine how much control you need in so many hedging running at the same time to control this volatility market and how large is your retained losses% to profits is it manageable?
Now i just published a video on kantorfx web page where i show that 5% profit per week is a staggering 250% profit in a year and i show this with a live small account in the video, i think live account results are more reliable than demo. Although this is not a hedging strategy, but even so small live trades with perfect hit rates no retained losses it does demonstrate and show 5% a week consistant profits are good.
So i think by selection of these currencys could be better using the hh and ll and trend direction for this hedging idea, to utalize maxium profit potential and limitingthese unrealized losses
Now as i said in the beginning i have not tried out your stratgegy so i really may be totaly of base
And maybe my above coments are totaly not relavent but on the other hand if there is one idea in here that earns us more money then we all benefit
Thank you for sharing your great idea
From BRIAN
It seems that you do not fully understand the concept of this method because you start talking about hedging, i will continue this reply after you have completely understand this concept. Right now, i think we are trying to communicate in two distinct language. There is no hedging in this method.
Please read the entire thread, its not that long yet and i will gladly respond to whatever questions you have. --Trader101

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Quoting hoss

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Are we still able to trade the pairs listed in your first post? Or do we need to trade the ones listed in your later post? Thanks

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Quoting trader101

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If your broker has all the 14 pairs.. yes
if your using the IBFX then the later one.

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Quoting trader101

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I work this out since i woke up and here it is:
Set 1(The Buys)
1) GBPUSD
2) EURGBP
3) GBPJPY
4) USDCHF
5) NZDUSD
6) AUDJPY
7) EURJPY
Set 2 (The Sells)
8) EURUSD
9) USDJPY
10) AUDUSD
11) NZDJPY
12) GBPCHF
13) CHFJPY
14) EURCHF
Total spread for Buys = 37
Total spread for Sells = 40
Looks good almost the same spread. You can easily make your own script on this one.
T101

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Quoting mikep

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Hmmm...I tried running the IBFX script and it didn't seem to run...anyone else have this problem?

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