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Cable Update (GBPUSD)

  • #111,941
  • Jan 15, 2009 2:19pm Jan 15, 2009 2:19pm
Quoting vorschlag
what is this strategy??
Is quanitative analysis and works like this:
What the system does is batch with a scale so it can never have a losing BATCH. Say it batched 7 entries and scales them 20-30 pips. It means that it goes into double the position bringing the market price within 15 pips of LAST entry so on retracement by lifting target price we gain 5 pips every batch. This goes on forever and for past 5 months using live money it never failed on 1 day to make money. AS low as .5% for inactive market to as high as 14% when market is active. Its quite amazing and simple at same time. Because this is geared low for first entry and is doubled lot size next entry accordingly it means that are margin requirement is increased so based on increased margin the money to tolerate a higher gear and equity swing collectively must be at least $150,000. Because nothing will go straight up forever without some time retracing at least 20-30 pips this is the main reason why i am so confident with this system. So far the most gbp/jpy and usd/jpy has moved without a retracement is 270 pips but on a 30 pips retracement(which is target on that entry) we have a profit of over 4% on 100k. It had 11 losers, 1 push, 1 winner 13 in batch. 13th or LAST entry is 40.96 lots so every pip value is $409.6 retracing 30 pips is $12,394.5 profit vs loss of $8,776.5 previous 12 entries for net profit of $4,650.9. This scaling has to win because it brings entry price closer to market price with avgerage and takes whole batch off market at same time to start again.
  • #111,942
  • Jan 15, 2009 2:19pm Jan 15, 2009 2:19pm
Quoting allserene
You aren't that fantasist living in trailer park in Ohio are you ?

You haven't managed to convince me proff - so perhaps your accomplishments have fallen short
Now that's funny!
Just digging in the trenches like everyone else!
  • #111,943
  • Jan 15, 2009 2:20pm Jan 15, 2009 2:20pm
Quoting allserene
You aren't that fantasist living in trailer park in Ohio are you ?

You haven't managed to convince me proff - so perhaps your accomplishments have fallen short
Next to madoff in florida waiting to get my money back
  • #111,944
  • Jan 15, 2009 2:21pm Jan 15, 2009 2:21pm
Quoting eohater
Hey here's our fine wine to compliment our diner Infinity!


HOLLA
  • #111,945
  • Jan 15, 2009 2:23pm Jan 15, 2009 2:23pm
Quoting eohater
Hey here's our fine wine to compliment our diner Infinity!
Patience + Discipline - Greed = Success
  • #111,946
  • Jan 15, 2009 2:24pm Jan 15, 2009 2:24pm
In the last week this thread had become infested with con men and tricksters trying to sell their 99.9% sytems

They are all retired rich and doing this out of charity for us poor souls (for a price) - instead of sending their money to Africa like bill gates

It's either that or Nigerian 419 artists sending me pm's and inviting me to Lagos

I wouldn't normally mind, but there are a lot of newbies on here who are losing jobs and houses and need money desparately and could get suckered in to spend their severance money

ok newbies listen to me for free

THERE IS NO 99.9% system and never will be - these sharks are the only ones who can't lose

This game is HARD - VERY VERY HARD- and there are no short cuts to making your accounts rise steadily

Listen - they do trot out standard text book stuff which is pukka - but NEVER EVER give them your money no matter how convincing they are
  • #111,947
  • Jan 15, 2009 2:26pm Jan 15, 2009 2:26pm
Quoting Professor4x
Is quanitative analysis and works like this:
What the system does is batch with a scale so it can never have a losing BATCH. Say it batched 7 entries and scales them 20-30 pips. It means that it goes into double the position bringing the market price within 15 pips of LAST entry so on retracement by lifting target price we gain 5 pips every batch. This goes on forever and for past 5 months using live money it never failed on 1 day to make money. AS low as .5% for inactive market to as high as 14% when market is active. Its quite amazing and simple...
thank you for sharing. I am sorry for my english, did I understand it correctly that it is some kind of averaging?
  • #111,948
  • Jan 15, 2009 2:27pm Jan 15, 2009 2:27pm
Quoting allserene
In the last week this thread had become infested with con men and tricksters trying to sell their 99.9% sytems

They are all retired rich and doing this out of charity for us poor souls (for a price) - instead of sending their money to Africa like bill gates

It's either that or Nigerian 419 artists sending me pm's and inviting me to Lagos

I wouldn't normally mind, but there are a lot of newbies on here who are losing jobs and houses and need money desparately and could get suckered in to spend their severance money

ok newbies listen to me...
Well said!
  • #111,949
  • Jan 15, 2009 2:33pm Jan 15, 2009 2:33pm
Quoting allserene
In the last week this thread had become infested with con men and tricksters trying to sell their 99.9% sytems

They are all retired rich and doing this out of charity for us poor souls (for a price) - instead of sending their money to Africa like bill gates

It's either that or Nigerian 419 artists sending me pm's and inviting me to Lagos

I wouldn't normally mind, but there are a lot of newbies on here who are losing jobs and houses and need money desparately and could get suckered in to spend their severance money

ok newbies listen to me...
I second the notion....
Patience + Discipline - Greed = Success
  • #111,950
  • Jan 15, 2009 2:33pm Jan 15, 2009 2:33pm
Quoting gammase1
Well said!
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how little you know.
  • #111,951
  • Jan 15, 2009 2:34pm Jan 15, 2009 2:34pm
Quoting Professor4x
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how...
I understand the concept behind your system but is it free?
Patience + Discipline - Greed = Success
  • #111,952
  • Jan 15, 2009 2:37pm Jan 15, 2009 2:37pm
Quoting Professor4x
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how...
I have a friend who is a professional trader for a bank, they don't use charts. They have a mathmatical formula for their orders. He will not share it with me, I've tried for the last 5 years to get it out of him, but he cannot and will not release it. So, long story short, I understand your trading concept.
Just digging in the trenches like everyone else!
  • #111,953
  • Jan 15, 2009 2:37pm Jan 15, 2009 2:37pm
Quoting Professor4x
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how...
Well done, that is a very clear picture
GELORE
  • #111,954
  • Jan 15, 2009 2:39pm Jan 15, 2009 2:39pm
Quoting vorschlag
thank you for sharing. I am sorry for my english, did I understand it correctly that it is some kind of averaging?
Yes your average up you entry to get withing 15 pips of last entry to take profit on 1st 20 pip retracement. Your 1st entry is .1, than .2, than .4, .8. 1.6,3.2 etc. It has to be from first 35 pips than reduce to 25 between 2-4 than 20 pips. Etc it's a speacial formula and that is how it works. Best to not ask anymore questions though because dont want to upset these people in this chat room and would rather spend a little more time helping people with trading psycology, trade ideas, or questions. This chat amazes me that so many people come here to trade when based on reading threads its very basic.
  • #111,955
  • Jan 15, 2009 2:41pm Jan 15, 2009 2:41pm
Quoting Professor4x
Sorry if you don't get it but every market can be beaten mathematically and forex is best because of execution and liquidity. Need to take an advanced trigonmentry class than you may see the picture. Everything and Anything i say can be proven with verifiable track records and facts on paper you don't have to be rocket scientist to figure this out just need the right formula. In fact the scaled batch is basic math not even advanced but apparently you didnt understand it. It's easy to see and prove so please stop discrediting yourself and show how...
No market can be beaten mathematically, my friend. That is a total fallacy and shows a degree of naivety on your part. That statement ignores the random nature of the markets. This randomness can never be beaten 100% of the time, as it cannot be predicted with complete accuracy. Bernie Madoff was the last person I heard utter such words, with his "guaranteed" 10%p.a. return on investments.

The best quant minds are on the trading floors of global investment banks and hedge funds. I worked among them for many years in my previous job and know for certain there is no complete model or system. I also have a degree in Mathematics, so am pretty well versed on the quant side of forex and derivatives.

Your system sounds much like doubling up on the way down (which will ultimately fail). Obviously this is a simplistic analysis on my part. But I will not waste time reading about a model that claims to be 100% accurate.
  • #111,956
  • Jan 15, 2009 2:42pm Jan 15, 2009 2:42pm
Quoting Infinity
I understand the concept behind your system but is it free?
there is nothing for sale i am just here because i was bored and heard about this forum from a freind whom also runs his own forum online. Don't want your money could care less what you guys do with your money.
  • #111,957
  • Jan 15, 2009 2:44pm Jan 15, 2009 2:44pm
Quoting Professor4x
there is nothing for sale i am just here because i was bored and heard about this forum from a freind whom also runs his own forum online. Don't want your money could care less what you guys do with your money.
Good for you! I applaud you for giving back! I think it's our duty to give back once we figure it out.
Just digging in the trenches like everyone else!
  • #111,958
  • Jan 15, 2009 2:45pm Jan 15, 2009 2:45pm
Quoting Professor4x
there is nothing for sale i am just here because i was bored and heard about this forum from a freind whom also runs his own forum online. Don't want your money could care less what you guys do with your money.
Don't be offended... it was just a question. You are a member since today so I just had to ask. Many people come here trying to sell systems and profit from newbies looking for the holy grail so I just wanted to be sure.. Carry on then.... We share our knowledge and experience here... that is what it is all about....
Patience + Discipline - Greed = Success
  • #111,959
  • Jan 15, 2009 2:47pm Jan 15, 2009 2:47pm
Quoting allserene
You aren't that fantasist living in trailer park in Ohio are you ?

You haven't managed to convince me proff - so perhaps your accomplishments have fallen short
  • #111,960
  • Jan 15, 2009 2:48pm Jan 15, 2009 2:48pm
Quoting eohater
That's why we trade so well together. Fresh vegetables and steak!
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