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Simple Trading Method with trader101

  • #1,021
  • Sep 29, 2008 3:58pm Sep 29, 2008 3:58pm
Today was a fun day; +1100 pips in two baskets of trading. Granted, these were demo pips, but I only found this thread late last week, so you wouldn't expect them to be live ones yet.


Wonderful stuff, t101.

  • #1,022
  • Sep 29, 2008 4:16pm Sep 29, 2008 4:16pm
Just threw out another short .4 lots 20 minutes ago currently running +$550 with $410 locked (gawd I wish it wasn't a demo LOL)

Seriously I feel I need 2 months practice before I go live with this only because I need the practice.........

Pip Pip Hooray!!!!!!
  • #1,023
  • Sep 29, 2008 4:30pm Sep 29, 2008 4:30pm
Hi Guys,

Asian market opened already and my IA as well as my observation of the market say SHORT. Anyone planing to short now?
-happyTrading-myFx.
  • #1,024
  • Sep 29, 2008 4:30pm Sep 29, 2008 4:30pm
Anyone...

Is there a delay for the profit protect???

The reason I ask is I have $410 locked and it went down to $393 for a couple seconds now back to $470 range...Just wondering
  • #1,025
  • Sep 29, 2008 4:30pm Sep 29, 2008 4:30pm
Quoting trader101
Man you are killing me, post # 1
Hi trader101. I believe you feel you need to respond to the many questions because you are a nice guy. But the peppering of questions becomes irritating, no doubt.

Having run a forum for several years, I've learned to ignore those who want everything served up on a silver platter with no effort on their part.

It also helps that I'm not really that nice of a guy.

Thank you for all you have done and are doing.
Bob/autofx
  • #1,026
  • Sep 29, 2008 4:32pm Sep 29, 2008 4:32pm
There is a delay must be about 5-10 seconds +$410 I'll take it and grin!!!

Julius Rocks!
  • #1,027
  • Sep 29, 2008 4:33pm Sep 29, 2008 4:33pm
T101, thanks for sharing this interesting system!

Could you please tell me what's the difference between the earlier ProfitCalc and the latest ProfitCalc_R3?

the older version shows trend as Short and the R3 version has a Short (Strong) trend.

The formula for trend for the older versions shows this.
Inserted Code
                if ( TotalProfit4 > 0 && diff < 0 )trend = "Trend LONG";
                if ( TotalProfit4 > 0 && diff > 0 )trend = "Trend LONG(Strong)";
                if ( TotalProfit4 < 0 && diff < 0 )trend = "Trend SHORT";
                if ( TotalProfit4 < 0 && diff > 0 )trend = "Trend SHORT(Strong)";

Have you added an additional parameter(s). Could you please shed some light what has changed in the calculation?

Thanks Again!!
  • #1,028
  • Sep 29, 2008 4:36pm Sep 29, 2008 4:36pm
I will let the sellers run until next NY opens. since Asian and London markets hasn't response to the market yet.
If everyone believes it, it will work.
  • #1,029
  • Sep 29, 2008 4:44pm Sep 29, 2008 4:44pm
Quoting Jimbop
Anyone...

Is there a delay for the profit protect???

The reason I ask is I have $410 locked and it went down to $393 for a couple seconds now back to $470 range...Just wondering


It's been mentioned Jim:
Depending on what pair you have the protect script running on, it will not do anything until a tick move on that pair only.
Pick a different pair that moves more frequently to put this script on if the delay is too long for you.
  • #1,030
  • Sep 29, 2008 4:47pm Sep 29, 2008 4:47pm
I saw your post and also entered .1 short at 5:44 already +$30
  • #1,031
  • Sep 29, 2008 4:49pm Sep 29, 2008 4:49pm
Quoting EAprogrammer
I will let the sellers run until next NY opens. since Asian and London markets hasn't response to the market yet.
The IA and profitcalc are still strong short and increasing, still only a blue in the reds and no slot change for a while ... I think I will enter short before Sydney open and go to bed.
  • #1,032
  • Sep 29, 2008 5:17pm Sep 29, 2008 5:17pm
Quoting djmanu
The IA and profitcalc are still strong short and increasing, still only a blue in the reds and no slot change for a while ... I think I will enter short before Sydney open and go to bed.
My IBFX IA has reached the ideal state here take a look. With these state i have tio wait becasue there is no way of telling if the trend will continue or will reverse. I will wait for the any move of red or blue and the Profit Calc sirection.
Attached Image (click to enlarge)
Click to Enlarge Name: indi8.GIF Size: 137 KB
  • #1,033
  • Sep 29, 2008 5:20pm Sep 29, 2008 5:20pm
Quoting Orest
I wonder T101, have you ever had big loosers too? I mean simply how'd you estimate the winning ratio by following your system?

Orest
Yes i do have a lot and plenty, i dont count it
  • #1,034
  • Sep 29, 2008 5:21pm Sep 29, 2008 5:21pm
Quoting brijon
SIMPLE THE BEST, im so impressed ive asked all members to devote themselves to your system , in fact after the first live trading room WE WILL discussing just basic principles off HH ,LOWEST LOW TRADING TREND TRADING ECT

then all our focus will be utalizing and learning from 101 all our facilitys will be open for support to 101 and his system.

numbers may be a problem in live rooms which are available for free in many sites , but if 101 is intersted one for live free access is available for him
which is paid for by me , if not i understand , we will devote our understanding and share BETWEEN OUR SELVES THERE as well on there

this has to be potentially the greatest profit earner and system ever

congradulations 101 you are simple the best

from BRIAN
Thanks Brian. coming from you, the master, is something.
Juilus
  • #1,035
  • Sep 29, 2008 5:31pm Sep 29, 2008 5:31pm
Since the IBFX is in tthe ideal sell state . The attacehed FXpro IA has still a slot to dislodge. I will wait then for the next move of the market. Ether a move up by the SeLL or a reversal and the start of BUYS to move up. Hard to determine, Now we will let the Profit Calc do the job. If we jump to trade now we could be wrong. i would say i will have to wait,
Attached Image (click to enlarge)
Click to Enlarge Name: indi9.GIF Size: 141 KB
  • #1,036
  • Sep 29, 2008 5:33pm Sep 29, 2008 5:33pm
I dont have much to do about the winning that we have just done. That is t he move of the market, only thing we did is we detected it early and just ride it. That is the key in trading, Detecting the trend early. Good indicator and trading experience without ignoring the fundamental those are the keys.
  • #1,037
  • Sep 29, 2008 5:35pm Sep 29, 2008 5:35pm
Quoting trader101
My IBFX IA has reached the ideal state here take a look. With these state i have tio wait becasue there is no way of telling if the trend will continue or will reverse. I will wait for the any move of red or blue and the Profit Calc sirection.
Nice, I haven't an IBFX IA, I watch your FXPro account and the situation there is still the same with only a blue left above .. I entered short 1h ago and i'm now with +600$ profit, crazy ! :d
  • #1,038
  • Sep 29, 2008 5:40pm Sep 29, 2008 5:40pm
Quoting djmanu
Nice, I haven't an IBFX IA, I watch your FXPro account and the situation there is still the same with only a blue left above .. I entered short 1h ago and i'm now with +600$ profit, crazy ! :d
I am an agresive trader but not that agreesive. You are in a state of betting not trading. But i was glad for you that it went right. Do you think you can do it if it is real money?
  • #1,039
  • Sep 29, 2008 5:42pm Sep 29, 2008 5:42pm
nice strategy!

I just made +125 pips less than 30 min.

I went all short.

I just got home from work!
  • #1,040
  • Sep 29, 2008 5:51pm Sep 29, 2008 5:51pm
Why is us/cad at the bottom of the list on my comp. although positive 140 ish
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