Simple Trading Method with trader101 | Page 110 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

trader101 method based trades 12 replies

Trader101 Method Back Testing Tool Q+A 16 replies

Setting up the Basics for Trader101 style trading. 28 replies

Attachments: Simple Trading Method with trader101
Exit Attachments

Simple Trading Method with trader101

  • #2,181
  • Jul 3, 2009 1:04pm Jul 3, 2009 1:04pm
Quoting enewbold
Hmm... you kind of lost me here, mate. In post #1 you say SELL set 1 and BUY set 2, then in this post you say BUY all 15. I'm trying to get a good grasp of what you're doing here, but am not seeing it yet. You tell everyone to read and adhere to Post #1 then seem to change things of the fly. When trying to understand a new system, the more stable details about it there are, the better. Thanks for your help, Ed
Enewbold,

You are getting confused regarding the Indicator, which has a SELL set 1 (of 7 pairs) and a BUY set 2 (of 7 pairs). You use that as an indicator from which you make your decision to go either 14 Pairs LONG (BUY) or 14 Pairs SHORT (SELL)...

"About a day or two, all the buys (if negatives) will stay below and the sell (if positives) will be at the top. Now the indication that you should watch is, ideally the bottom 7 slots should be occupied by the negatives, the first pair in the negative that crosses the boundary of positive and negatives is the pairs we are concern. If one of the negative jump to slot 8 (counting from bottom) there is also a corresponding positive that will jump to slot 7. This is the signal. We will trade those two pairs that jump out of boundary. "


Read the complete thread if you really want to understand.
  • #2,182
  • Jul 3, 2009 4:21pm Jul 3, 2009 4:21pm
I just got a message from IBFX that there will be trading on Monday despite the USA Holiday weekend. And that they open reg. time Sunday aft. - 6:00 PM EST

So, anyone who wants to get the IA started at the same time as everyone else, The latest I've heard is Alpari for the open, which is 23:00 GMT, or 9:00 PM EST, thanks Limstylz.

So, we'll shoot for 23:00 GMT Sunday to start the IA.

Then we'll see what happens. Please post observations, questions, etc., etc. I think we all can gain a lot from collaboration & I'm looking forward to it. And everyone feel free to jump into the discussion. Hell of a lot to learn here!

Have a good & safe weekend.

BTW...on July 4th, I'm going to turn my flag back right-side-up. It's been up-side-down, an international sign of severe distress, since Jan 20, Inauguration Day. I've made my point and my love for my country far exceeds my disdain for the pirates who are stealing it from me. I'll proudly fly my flag & support my country and shame on those socialist bastards for trying to destroy it. They'll never destroy it (as long as universal health care isn't passed). Their day is comming!
  • #2,183
  • Jul 3, 2009 6:45pm Jul 3, 2009 6:45pm
Quoting petero
So, anyone who wants to get the IA started at the same time as everyone else, The latest I've heard is Alpari for the open, which is 23:00 GMT, or 9:00 PM EST, thanks Limstylz.

So, we'll shoot for 23:00 GMT Sunday to start the IA.
Sorry to correct your error, but 23:00GMT is 18:00 EST. Until then...

Happy 4th July to our US brethren!
  • #2,184
  • Edited 1:22am Jul 4, 2009 1:22am | Edited 1:22am
I think this is imperative for people beginning to read this thread...I never posted, but have been making money using this method for a while.

IF YOU ARE ONE OF THE GUYS/GALS WHO KNOW HOW TO TRADE THIS AND ARE PROFITABLE, SPEAK UP FOR EVERYONE TO HEAR! Tell us how long you have traded this and if you have been consistently profitable.
  • #2,185
  • Jul 4, 2009 2:30am Jul 4, 2009 2:30am
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
I will get the IA 14 pairs (IBFX) going @ Sunday 2300 GMT ... Happy 4th July!!!
I have seen the enemy, and it is me.
  • #2,186
  • Jul 4, 2009 4:31am Jul 4, 2009 4:31am
Quoting nebuman213
I think this is imperative for people beginning to read this thread...I never posted, but have been making money using this method for a while.

IF YOU ARE ONE OF THE GUYS/GALS WHO KNOW HOW TO TRADE THIS AND ARE PROFITABLE, SPEAK UP FOR EVERYONE TO HEAR! Tell us how long you have traded this and if you have been consistently profitable.
This is not imperative... It is down to you to do your own research. Why should anyone trading this method, have to justify why they use it to you or anyone else?

If you are interested, read the thread a couple of times... Ask some PERTINENT questions, then try it yourself. This may not be the method for you, but you won't know until YOU try it yourself.

You are the architect of your future, no one else!
  • #2,187
  • Jul 4, 2009 9:36am Jul 4, 2009 9:36am
Quoting Limstylz
Sorry to correct your error, but 23:00GMT is 18:00 EST. Until then...

Happy 4th July to our US brethren!

Yes, you are correct, but, if you have the misfortune of having Daylight Savings Time, it's 7:00 or 19:00 EST. None-the-less, I posted wrong time conversion.

So, 23:00 GMT it is.

Thank you Limstylz. Good catch .
  • #2,188
  • Jul 5, 2009 12:43pm Jul 5, 2009 12:43pm
Correct me if I'm wrong, but you don't trade all 14 pairs in the same direction. You trade USDCAD and USDCHF opposite of the rest. Am I right?
  • #2,189
  • Jul 5, 2009 12:48pm Jul 5, 2009 12:48pm
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
Huh?!
Man am I confused!!!
I have seen the enemy, and it is me.
  • #2,190
  • Jul 5, 2009 1:15pm Jul 5, 2009 1:15pm
Quoting Jey
Huh?!
Man am I confused!!!
My above statement is only true if you are using the original pairings. The universal pairings don't have those 2 pairs so you wouldn't trade them anyways. Sorry if I confused you. I was confused myself.
  • #2,191
  • Jul 5, 2009 1:32pm Jul 5, 2009 1:32pm
Uh oh. FXDD doesn't have NZDJPY. I guess I have to use the original pairings.
  • #2,192
  • Jul 5, 2009 4:22pm Jul 5, 2009 4:22pm
Ready and waiting
  • #2,193
  • Jul 5, 2009 4:29pm Jul 5, 2009 4:29pm
Hi all, I just foun tis thread today and it is a lot to read ;-)
Plese let me know if there is a post with a download for all indicatores, scripts and templates so I can try it on my demo while I read (at the moment I am on page 20, LOL).
Just skipe here for a Q.
Thanks.
Sasa
  • #2,194
  • Jul 5, 2009 4:37pm Jul 5, 2009 4:37pm
Quoting sasavisnic67
Hi all, I just foun tis thread today and it is a lot to read ;-)
Plese let me know if there is a post with a download for all indicatores, scripts and templates so I can try it on my demo while I read (at the moment I am on page 20, LOL).
Just skipe here for a Q.
Thanks.
Sasa
You have read the important parts. Anything you desperately need is on the first few pages. Everything else is supplimentary, superfluous and surplus to requirements, (gotta love alliteration).

However, if you wanted a quick list of all the downloads, click on the attachments icon in the thread tools.
  • #2,195
  • Jul 5, 2009 4:46pm Jul 5, 2009 4:46pm
a lot.
Sasa
  • #2,196
  • Jul 5, 2009 4:57pm Jul 5, 2009 4:57pm
In ordere to have the sistem runing I need:
TradeHadge
ProfitCalc
2ProtectAccout

Is thet all?

I see some stuff like close all, buy all, sell all.
Plese help.
I stil learn about MT platform and will have problems geting all this in line.
Thanks.
Sasa
  • #2,197
  • Jul 5, 2009 5:14pm Jul 5, 2009 5:14pm
Waiting for order to settle.
  • #2,198
  • Jul 5, 2009 6:24pm Jul 5, 2009 6:24pm
  •  Jey
  • | Joined Jun 2009 | Status: Market Slave-Overworked/Underpipped | 283 Posts
Quoting Limstylz
Waiting for order to settle.
Same here...
I have seen the enemy, and it is me.
  • #2,199
  • Jul 5, 2009 6:41pm Jul 5, 2009 6:41pm
Hi,

I'm all set as well.
Problem with order execution. Had to re-load IBFX.
Often there's problems after the weekend.
I wonder how they are with live accounts.
Haven't heard anything really bad.

OK. We wait & see.
I'll probably not look at this till the morning, around 12:00GMT
But I'm going to watch both the total profit fluctuation and the pairs groups overnight. If one group starts to head for the anchors, I'll trade them.
Looking forward to a productive week, folks. I hope we learn a lot.

Thanks
  • #2,200
  • Jul 6, 2009 4:41am Jul 6, 2009 4:41am
Made 500+ pips overnight. KICK ASS!
1 trader viewing now