100% Sure Win but only in trending n ranging. | Forex Factory

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Attachments: 100% Sure Win but only in trending n ranging.
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100% Sure Win but only in trending n ranging.

  • #1
  • First Post: Dec 20, 2008 7:29am Dec 20, 2008 7:29am
Guyz.. i've decided to start this thread as i need inputs from your comment on my trading system.

Till day, this system was able to generate consistent profit for me about 2% per month.

This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders. If it is bullish follows by ranging, u set long orders for the ranging.

in year 2007, i'm able to achieve a return of minimum 30% return every month. but wheneve it reverse trend, everything is wipe out. so after much testing, i use a order of 0.1% NAV per order. when the market is reversing trends, close out all position and set new orders with Value 0.3%NAV. This will help to recover lost for time being. and after u reach a NAV of positive returns juz before market had changed trends, change orders to 0.1%nav again. Restart everything over again whenever market change trend.

I traded it with GBP/JPY. avg pips earn per mth is 3000-5000 thus far..

please gif comment on this system...
  • #2
  • Dec 20, 2008 8:04am Dec 20, 2008 8:04am
How would you determine when the trend reverses when you placed the orders? Do you use any type of filtering?
  • #3
  • Dec 20, 2008 8:17am Dec 20, 2008 8:17am
Well...when the market isn't trending, it's ranging right? And when the market isn't ranging, it's trending, right?

As for the systems itself, how do you determine market direction? Discretion? Magic 8 ball? Coin toss? Tarot cards?
  • #4
  • Dec 20, 2008 9:05am Dec 20, 2008 9:05am
where do you place your stops?
  • #5
  • Dec 21, 2008 4:27am Dec 21, 2008 4:27am
this is just betting. system?
  • #6
  • Dec 21, 2008 7:56am Dec 21, 2008 7:56am
i'm using MA of 4,13,and 50 on daily chart crossover... no stop loss will be place....
  • #7
  • Dec 21, 2008 8:09am Dec 21, 2008 8:09am
Quoting Holypendant
Guyz.. i've decided to start this thread as i need inputs from your comment on my trading system.

Till day, this system was able to generate consistent profit for me about 2% per month.

This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders....
Sounds like another gambling system. Trading is MM & Discipline.
  • #8
  • Dec 21, 2008 8:20am Dec 21, 2008 8:20am
=> recycle bin
  • #9
  • Dec 25, 2008 11:51am Dec 25, 2008 11:51am
surely it is similar to gridding.. so no one find it useful?
  • #10
  • Dec 25, 2008 12:14pm Dec 25, 2008 12:14pm
Quoting Holypendant
Guyz.. i've decided to start this thread as i need inputs from your comment on my trading system.

Till day, this system was able to generate consistent profit for me about 2% per month.

This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders....
This guy doesn't even have a handle on the basics yet..... can you say blown account
Same Whore .... Different Dress
  • #11
  • Dec 25, 2008 12:31pm Dec 25, 2008 12:31pm
Quoting Holypendant
Guyz.. i've decided to start this thread as i need inputs from your comment on my trading system.

Till day, this system was able to generate consistent profit for me about 2% per month.

This sytem goes like this.. when the market bullish, set Long orders at all .00 and TP at 50pip. When it Bearish Set short orders at all .00 and TP 50pips. if it is ranging, order are set according to previous market movement. Eg. if it is in bearish n goes into ranging, u set short orders....

Mods are eating turkey with stuffin' I am sure this one will be a candidate to recycle bin once they're back.
  • #12
  • Dec 25, 2008 12:59pm Dec 25, 2008 12:59pm
Quoting wiztrader
Mods are eating turkey with stuffin' I am sure this one will be a candidate to recycle bin once they're back.
Same Whore .... Different Dress
  • #13
  • Dec 25, 2008 2:15pm Dec 25, 2008 2:15pm
I thinks he uses the holy pendnt.... you know.... dowsing

Nothing against round numbers however... I use them too, but more to observe how the market reacts to them... also confluence




Quoting Ronald Raygun
Well...when the market isn't trending, it's ranging right? And when the market isn't ranging, it's trending, right?

As for the systems itself, how do you determine market direction? Discretion? Magic 8 ball? Coin toss? Tarot cards?
  • #14
  • Dec 25, 2008 2:21pm Dec 25, 2008 2:21pm
Speaking of the mighty oracle, here is a link, Magic 8 ball
Wouldn't want to withhold such a powerful device.
Same Whore .... Different Dress
  • #15
  • Dec 25, 2008 2:57pm Dec 25, 2008 2:57pm
Quoting johnedoe
Speaking of the mighty oracle, here is a link, Magic 8 ball
Wouldn't want to withhold such a powerful device.
Wow this is cool
  • #16
  • Dec 25, 2008 3:05pm Dec 25, 2008 3:05pm
I use it for all my really tough trading decisions......
Same Whore .... Different Dress
  • #17
  • Dec 25, 2008 3:54pm Dec 25, 2008 3:54pm
Like the Magic 8 ball -- to tell if the market is trending or ranging, "Ask Again Later"

Note: you will need more than an 8 ball for this one. You will lose your ass, buddy.

Learn a real trading sys. Like flippin' a coin.


Good luck.
  • #18
  • Dec 26, 2008 9:01am Dec 26, 2008 9:01am
It's ok... since all of u felt it is like a betting system. Coz this is what I'm sure of.. the market can goes up n down.. i trade with the trend... maybe u felt the returns are not good enough.. anyway this is what i wanna share since it has been working well.. all the best to u all traders...

BTW, how to delete this thread? since no one find it useful... and to mention, sum1 actually mocking at my nick name....
  • #19
  • Dec 26, 2008 10:07am Dec 26, 2008 10:07am
I apologize Holypendant, I just found it ironic, but didn't mean for you to take insult.

And I hope this strategy continues to be many pips for you!



Quoting Holypendant
It's ok... since all of u felt it is like a betting system. Coz this is what I'm sure of.. the market can goes up n down.. i trade with the trend... maybe u felt the returns are not good enough.. anyway this is what i wanna share since it has been working well.. all the best to u all traders...

BTW, how to delete this thread? since no one find it useful... and to mention, sum1 actually mocking at my nick name....
  • #20
  • Dec 26, 2008 3:05pm Dec 26, 2008 3:05pm
Quoting Holypendant
no stop loss will be place....
Here's the problem.

Most of the time, you will make your 50 pips. Then you'll be in a new trade just before the market changes direction and falls 500 pips. When do you decide to bail out?
The market reveals who we really are...
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