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Simple Trading Method with trader101

  • #1,841
  • Oct 5, 2008 8:18pm Oct 5, 2008 8:18pm
Quoting sonicdeejay
1 GJ BUY
2 EU BUY
3 AU BUY
4
5
6
7
8
9
10
11
12 AJ SELL
13 EJ SELL
14 GU SELL

U mean this??

Sonic
My bad, I reversed the GU and GJ but you get the point. GJ is a BUY and GU is a SELL. I'll fix my other post
  • #1,842
  • Oct 5, 2008 8:28pm Oct 5, 2008 8:28pm
Quoting hndymann
Symmetry means they are equal on both sides.. for example.

1 GU
2 EJ
3 AJ
4
5
6
7
8
9
10
11
12 AU
13 EU
14 GJ

GU is furthest from its other half, then EU then AU


Remember these pairs repel one another
GU and GJ
EU and EJ
AU and AJ

Luke
1 GU SELL
2 EJ SELL
3 AJ SELL
4
5
6
7
8
9
10
11
12 AU BUY
13 EJ BUY
14 GJ BUY

U mean this..I guess..
  • #1,843
  • Oct 5, 2008 8:33pm Oct 5, 2008 8:33pm
Quoting hndymann
I know, I opened this IA an hour late but I just wanted to state that the sells are so strong right now! It has already settled Buys on bottom and Sells on top.

Luke

http://www.forexfactory.com/attachme...1&d=1223250034
So..according to the SELL...I guess u made all SELL and close on profit??

Sonic
  • #1,844
  • Oct 5, 2008 8:56pm Oct 5, 2008 8:56pm
Already one major trading platform has beenworking for 2 years on a neutral network ea using the priciple of the dollar index and multi currencys with a very good money mangement nn network so the progress of 101s great work maybe in the very near future will become increasingly sophisticated especialy after his stage 2 optermizaton

this screen snapshot showing the action of 8 multi currencys on one screen helps some tradres see the movemens in relationship to the dollar index.

the 14 or more currencys can be also shown in 2 multi indicater eg 101s buys and 101s sells for eg i think this is a great way of confirming for me

but of course 101 and some traders dont need this , i think in the future the absolute hit rate will be simple the best with 101s reserch and progress to the next level

hope a few can gain an insite into currency movements also using this visual
multi currencys screen snap shot

from BRIAN
Attached File(s)
File Type: zip multi corelation against the dollar index.zip   237 KB | 2,842 downloads
  • #1,845
  • Edited 9:40pm Oct 5, 2008 9:12pm | Edited 9:40pm
101,
A question regarding USD/CAD and USD/CHF. I know last week, maybe two weeks ago you were having us go opposite with these pairs. As it stands now it seems these pairs are still not in correlation with their respective buy-sell partners. I am assuming since you mentioned going opposite a while back that this not typical for these pairs and we would expect them to eventually come into allignment?
  • #1,846
  • Edited 10:01pm Oct 5, 2008 9:25pm | Edited 10:01pm
Quoting C.E.O.
101,
A question regarding USD/CAD and USD/CHF. I know last week, maybe two weeks ago you were having us go opposite with these pairs. As it stands now it seems these pairs are still not in correlation with their respective buy-sell partners. I am assuming since you mentioned going opposite a while back that this not typical for these pairs and we would expect them to eventually come into allignment?
I wonder how come my Orest screen has H1 TF min..doesn't have 5min??
I want to have lower TF too...lik 15M 5M etc..

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: 11.PNG Size: 25 KB
  • #1,847
  • Oct 5, 2008 9:28pm Oct 5, 2008 9:28pm
Quoting C.E.O.
101,
A question regarding USD/CAD and USD/CHF. I know last week, maybe two weeks ago you were having us go opposite with these pairs. As it stands now it seems these pairs are still not in correlation with their respective buy-sell partners. I am assuming since you mentioned going opposite a while back that this not typical for these pairs and we would expect them to eventually come into allignment?
No could not recall that. There no correlation between ucad and uchf. as ucad usually had its own thinking. The characteristic of UCAD is that it tend to gravitate to GU. While the UChf gravitate to EU.
  • #1,848
  • Oct 5, 2008 9:31pm Oct 5, 2008 9:31pm
Quoting sonicdeejay
I wonder how come my Orest screen has H1 TF min..doesn't have 5min??
I want to have lower TF too...lik 15M 5M etc..

Sonic
I discourage the usage of that TF less than 1 hour. What you see on those columns are not trend but noise and i dont trade on noise. I dont know where CEO dwonloaded that.
  • #1,849
  • Oct 5, 2008 9:53pm Oct 5, 2008 9:53pm
Quoting trader101
Ok the second phase of our trading will be to optimized our trading. Trading all LONGS on 14 pairs is profitable already when there is strong trend. But with 14 pairs traded Long your winning pairs normally is 8 pairs and you loss the 6 pairs. Upsetting one of the pair in the group will increase you winning pairs. You will get the top 4 and the lower 4 and either 2 or 3 of the middle which will make your winning around 10 pairs or 11 pairs. The technique is to trade the UsdChf short when you are trading long or Long when you are trading short. This only true to the NonIBFX platform.
Just that pair do not attempt to do this on the other contra pairs.
T101
Sorry 101, this was what I was referring to but I couldnt find it earlier.

And sorry about that screenshot, I didnt realise it was my modded version. I removed the SS to avoid confusion.
  • #1,850
  • Oct 5, 2008 10:01pm Oct 5, 2008 10:01pm
Yes, and there was even a modified hedge script for those two pairs which we were told in 'optimization' were to be traded opposite. usdchf and usdcad the script sells these two when you do a long basket entry, and buys these two when you do a short basket entry.
Are these not to be reversed any longer? I will modify my hedgebuy and hedgesell if so.
  • #1,851
  • Oct 5, 2008 10:08pm Oct 5, 2008 10:08pm
Quoting trader101
Franco,
There is no stupid questions here. Kidding aside, I really do appreciate what you have done and most of all shared it with us. Actually if you are using IBFX platform, the bias is LONG, and trading it LONG wont be bad, its just a lot of waiting, trading stress and large drawdown which might bore you and then eventually close you winning trade, because the market is ranging and slow..very slow. If you are trading this LONG on IBFX make sure to make an exception to EU and CJ they are short (as part of the optimazation of basket trading). Also if you could attached the excell spreadsheets in just an .xls file (the lower version) i do not have the latest excell. Also as a rule perhaps it is nice to see the ranking on average for the last 3 months.
T101
Found this one also. I thought it was the original pairs I mentioned but as I am seeing it is just optimizing the basket, is that the case? If so as you mentioned..
The characteristic of UCAD is that it tend to gravitate to GU. While the UChf gravitate to EU.
Would it be wrong to the system to do the opposite with these two-for instance 12 shorts and these two long, at least for the short term until the markets say differently?
  • #1,852
  • Oct 5, 2008 10:10pm Oct 5, 2008 10:10pm
Quoting tazmaan
Yes, and there was even a modified hedge script for those two pairs which we were told in 'optimization' were to be traded opposite. usdchf and usdcad the script sells these two when you do a long basket entry, and buys these two when you do a short basket entry.
Are these not to be reversed any longer? I will modify my hedgebuy and hedgesell if so.
Thanks Taz, thought I was going crazy for a minute-well maybe I still am.
  • #1,853
  • Oct 5, 2008 10:15pm Oct 5, 2008 10:15pm
spread size for keeping the balace betwen buys and sells and the lot size when the pip spread can be for( eg 2 pips and the other currency 8 pips )

so your hedging lot size buys and sells can be used to counter the difference

i know its obvious but if you havnt done a lot of this hedge trading as 101 and other traders sometimes its a point to thinkabout
from BRIAN
  • #1,854
  • Oct 5, 2008 10:19pm Oct 5, 2008 10:19pm
So, I'm up $300+ again, but for some reason my 2ProtectAccount is only protecting at $50. I tried the miniProtect - that's only protecting to $5.

I've put the script in the "Scripts" folder...is this wrong?
Attached Image (click to enlarge)
Click to Enlarge Name: 300.JPG Size: 290 KB
  • #1,855
  • Oct 5, 2008 10:28pm Oct 5, 2008 10:28pm
Quoting tazmaan
Yes, and there was even a modified hedge script for those two pairs which we were told in 'optimization' were to be traded opposite. usdchf and usdcad the script sells these two when you do a long basket entry, and buys these two when you do a short basket entry.
Are these not to be reversed any longer? I will modify my hedgebuy and hedgesell if so.
Taz,
yes that one too. But dont delete it just not use it for the meantime. Unitl the reached the 2nd Phase of this method.
Thanks
  • #1,856
  • Oct 5, 2008 10:32pm Oct 5, 2008 10:32pm
Quoting C.E.O.
Found this one also. I thought it was the original pairs I mentioned but as I am seeing it is just optimizing the basket, is that the case? If so as you mentioned..
The characteristic of UCAD is that it tend to gravitate to GU. While the UChf gravitate to EU.
Would it be wrong to the system to do the opposite with these two-for instance 12 shorts and these two long, at least for the short term until the markets say differently?
I hav explain that in earlier post that it isi dangerous if you used it incorrectly as it double you loses rather than just one. At this stage of our trading, lets just use the 14 straight eventually i will discuss how to use the optimization properly to your advantage.
  • #1,857
  • Oct 5, 2008 10:34pm Oct 5, 2008 10:34pm
I'm a bit lost at the moment because all the discussion recently has been for non-IBFX pairs.
  • #1,858
  • Oct 5, 2008 10:35pm Oct 5, 2008 10:35pm
Quoting brijon
spread size for keeping the balace betwen buys and sells and the lot size when the pip spread can be for( eg 2 pips and the other currency 8 pips )

so your hedging lot size buys and sells can be used to counter the difference

i know its obvious but if you havnt done a lot of this hedge trading as 101 and other traders sometimes its a point to thinkabout
from BRIAN
Since we are trading long term as i have always insist( not tf less than 1 hour) that amount even up to 10 pips is allowable but trading less than 1h tf that is critical. But thnks for highlighting it.
Julius
  • #1,859
  • Oct 5, 2008 10:41pm Oct 5, 2008 10:41pm
Quoting netwrkgod
So, I'm up $300+ again, but for some reason my 2ProtectAccount is only protecting at $50. I tried the miniProtect - that's only protecting to $5.

I've put the script in the "Scripts" folder...is this wrong?
Here the the guidelines for that EA.
http://www.forexfactory.com/showpost...&postcount=239
It is an EA and it should be installed in the chart all the time, One chart is ok, used the most volatile one.
  • #1,860
  • Oct 5, 2008 10:42pm Oct 5, 2008 10:42pm
Ok, thank you!! I love this system so far !!! Thanks for your generosity.
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