AMAZING Strategy!!!

Not sure if I should start a new thread for this but I'd rather not. I may have found an AMAZING Pivot Strategy!! that might be able to increase Merlin's 99.9% success rate to 100% and maybe even +100% if done properly.

Check out this post for the chart.

I don't want to destroy the Sanctity of this thread by posting charts like that one guy did... and then disappeared according to bilbss...

Hey Guys,

Merlin's Amazing Trading Strategy completed its landmark 5th Anniversary on June 28 '09.

Since we were all busy raking in the moooolah from tomorrows hi/lows, we missed out the Great Day Merlin released the strategy for the benefit of mankind.

It's time to celebrate this major event of our lives. And let's not have feelings of guilt, its perfectly fine if we don't make tons of cash one day. After all Merlin's money coughing machine also needs a day to rest it out.

So let's come up with ideas on how best to commemorate this event and how to honor Merlin for his well deserving generosity, that he has shown to us all.

Ak, you are missing something here. AMAZING strategy is AMAZING only because it produces 100% results.

This is what you have been missing:

Pivot = (H+L+O+C+C)/5
I understand you know how to find value of x in an equation

It is something a bit off topic to mention here that eversince I was a kid, asking people what they were trying to do when see them working on an equation. The answer is always the same "Finding value of X". I don't know how many more centuries these people would need to find the f#%kin' value of X, yet almost everyone of them claim after every half an hour that they had found vlaue of X. Amazing, isn't it?

Coming back to the topic, AMAZING strategy already gives us tomorrow's H and L we already know tomorrow's pivot and today's open. Therefore only today's close is unknown and therefore becomes X. We now have an equation to find the value of that X (which would be today's close). How can you miss that? It should produce 100% result.

If you have any questions from the above explanation kindly post them to thread "Ask Jay Anything".

ps. I am trying to create "Similar People-to-people link between AMZING Strategy and Ask Jay Anything".

It's the greatest and the most serious thread i ever seen....

Errrr.... not to quibble over .1% ((and remember I really suck at math)) but.... i don't want to argue with the The Wizard and get turned into a toad or anything. My wife would really hate that.

You're right tho, it's time to Ask Jay. ((It's his turn to be a toad anyway))

After 3 years of intensive R&D, I've finally found a strategy that's superior to Merlin's.

You'll need two dice. Incidentally, they must come from a MONOPOLY set, or the system won't work.

Trade M5 candles only. Just before an M5 candle closes, do the following:

If you're not already in a trade:

1. Roll both dice. If the total is 8, go long. If the total is 6, go short. For any other total, stay out of the market, i.e. wait until the next 5 minute candle.

2. Determine your initial stoploss: Roll both dice again, and multiply the total by 5. So if the dice total is 7, your stoploss would be 7x5 = 35 pips from the entry point.

3. Determine the pair, and the position size: Roll both dice again. A 1=USD, 2=CAD, 3=EUR, 4=GBP, 5=CHF, 6=JPY. (Note: these numbers are the same as the numbered circles plotted by Plot_News). So if you roll 4–1, you trade GBPUSD. Your position size risk is 1% of your current account equity. If you're lucky enough to roll doubles, then double your position size, and immediately roll again. So each time you roll doubles, your size goes 1%, 2%, 4%, 8% etc, up to a maximum of 32%. (Yes, I stole the idea from Backgammon. Why? Because no system is complete without some form of Martingale.) Then when you finally roll a non-double, that determines which pair you trade. [Note: If you really must trade the AUD or NZD, buy some 8-sided dice (7=AUD, 8=NZD).]

If you're already in a trade, continue to roll both dice at the close of each M5 candle:

4. If you roll snake eyes (1–1), your luck is about to turn around. Exit the trade immediately.

5. If the trade is currently in profit, and you roll a double (except snake eyes), move your stoploss to breakeven (the entry point). If you roll a non-double, advance your stoploss by the total of the dice. So if you roll a 9, you'd advance your stoploss 9 pips.

6. In all other situations, do nothing, simply wait until the next M5 candle. There are no profit targets; as long as you don't get stopped out, you must roll snake eyes to exit.

You must have exited the current trade before you can enter a new one (in any pair).

Now for the most important points in any system: MM and psychology. MM was explained back in point 3. This method is henceforth to be called optimal-mm (MONOPOLY and Martingale).

Psychology: If you have losing trade, don't take it personally. In fact, you can retain faith in yourself, AND your system: it's the fault of the dice. Finally, a way of trading with real objectivity and detachment.

If you have a losing month, then the dice are bad. Discard them, and buy a new MONOPOLY set. (If you live in NZ, there's no need to worry, because it's a tax deductible business expense.)

Now I'm going out to buy some shares in Hasbro........ BTW, anybody want to write an EA?

Hey, this system really works... thanks Hanover! And to think of all the time and money I've wasted trying to figure out how to trade this market?

Finally I can understand what this damn "MM" stuff means..........

AMAZING, hanover!!!

Actually, to those who believe that by entering randomly, cutting losses, and letting profits run (probability of rolling snake eyes is 1/36), this system provides a real edge! (but without the Martingale doubling, of course).

But the post was intended to be tongue-in-cheek. If anybody's found a way of beating costs long-term by using random entries, then they're a giant leap ahead of me, LOL.

I knew it wasn't for me, because dice don't repaint- I'm a TG follower

Can anybody explain me about Merlin method? Is H and L yesterday?

Can you explain me Merlin? How to use your strategy?

Geeeeeeeez.... here we go again

I'm really AMAZED with this thread.....

It's all in post #1.

yea... AMAZING thread...AMAZING strategy...AMAZING people...


Too bad Merlin gave it away for free...he could have made some serious money just by selling it for - 1 dollar...he could have this income for the the rest of his life...amazing people come to this thread way too often.

No. That would not be very amazing, would it?

Read the first two pages. Read them again, and again, and again. Now THINK! Read every word of every post. THINK again! If english is not your first language, ask a friend who can read and comprehend well enough to explain it to you.



Lord have mercy on my soul how I love this thread.
.
.

I just don't understand how to determinate H and L for today? It can be more down or up...Can someone explain me?

I've given the million dollar secret away several times on this thread.
I'll do it one more time for you.

Set the clock on your PC ahead a day.
This will trick your MT4 into showing tomorrows chart.

Alphine...

you made only 3 posts in this forum... and all 3 of your posts in this thread...keep reading and trying... persistence will win...