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AMAZING Strategy!!!

  • #561
  • Aug 13, 2009 8:30pm Aug 13, 2009 8:30pm
Quoting billbss
Here's a history question for the AMAZING Club,

Magellan made three voyages around the world.
He died on one of the voyages.
Which one?
I know nothing much about history therefore cannot answer this question.

But why on earth he needed to make three voyages? Was one not enough for him?
The Thief of Wall Street
  • #562
  • Aug 13, 2009 9:23pm Aug 13, 2009 9:23pm
Quoting Chicky
I know nothing much about history therefore cannot answer this question.

But why on earth he needed to make three voyages? Was one not enough for him?
must have had nothing better to do ...rich bastard... world tour ... tree times...
some poor people can hardly afford even caribbean cruise
  • #563
  • Aug 13, 2009 10:07pm Aug 13, 2009 10:07pm
Quoting fxxx
must have had nothing better to do ...rich bastard... world tour ... tree times...
some poor people can hardly afford even caribbean cruise
Ooooooooooops.

Why poor people should get a chance of visiting corners of this world just to see their counterparts who do not get similar chance?

Believe me, it is far better to BBQ, trade from your laptop and drink while relaxing on your deck than spending half of your life in flights and at the airport ques. I know this, because I have done it hundreds of times in about 50 countries. I am a poor guy, my job took me there with all expenses paid by my company.
The Thief of Wall Street
  • #564
  • Aug 13, 2009 10:27pm Aug 13, 2009 10:27pm
Quoting capitalist88
BILLions upon BILLions of GELaxies... scattered throughout the COSmos....


You should hear his "accent" in portuguese....

Sorry for the off topic, guys...

Inserted Video
Many share my views with me. But I don't share them with them...
  • #565
  • Aug 15, 2009 10:08am Aug 15, 2009 10:08am
In continuation of my post of 9th August, showing you a Strategy even better and easier than Merlin's,
I started placing my orders with my broker as from Monday the 10th of August 2009.

Here is how I placed my Order:
Buy 100 lots at the Lowest Low of the day and Exit at the Highest High of the day.
Sell 100 lots at Highest High of the Day and Exit at Lowest Low of the day. Once an order has been filled, cancel the other order.

And here is what I got:

10th August Sell 1.4216 Exit 1.4103 Profit = 113 pips
11th August Sell 1.4184 Exit 1.4109 Profit = 75 pips
12th August Buy 1.4085 Exit 1.4246 Profit = 161 pips
13th August Buy 1.4180 Exit 1.4326 Profit = 146 pips
14th August Sell 1.4305 Exit 1.4159 Profit = 146 pips

Total 641 pips less Brokers Spread = 10 pips, Net Profit = 631 pips

As the Strategy called for 100 lots to be traded at a time,
this gave me 63100 pips = $631,000 in just one week.

What a Super Amazing Great Strategy !
Do you have anything to say to that, Merlin?

John
Winning is a Great Feeling!
  • #566
  • Aug 15, 2009 3:10pm Aug 15, 2009 3:10pm
Quoting johnblake
In continuation of my post of 9th August, .....As the Strategy called for 100 lots to be traded at a time, this gave me 63100 pips = $631,000 in just one week. What a Super Amazing Great Strategy !Do you have anything to say to that, Merlin?

John
1. A Master Trader is the one who develops a strategy like AMAZING.

2. A Good Trader is the one who uses that strategy to make money

3. A Smart Trader is the one who does not remind the Master Trader of royalty payment

4. A Foolish Trader is the one who actually pays royalty.

Let's be Smart.
The Thief of Wall Street
  • #567
  • Aug 15, 2009 3:26pm Aug 15, 2009 3:26pm
Quoting johnblake
In continuation of my post of 9th August, showing you a Strategy even better and easier than Merlin's,
I started placing my orders with my broker as from Monday the 10th of August 2009.

Here is how I placed my Order:
Buy 100 lots at the Lowest Low of the day and Exit at the Highest High of the day.
Sell 100 lots at Highest High of the Day and Exit at Lowest Low of the day. Once an order has been filled, cancel the other order.

And here is what I got:

10th August Sell 1.4216 Exit 1.4103 Profit = 113 pips
11th August Sell 1.4184 Exit 1.4109...

John, that's a good start, but to really get the dough rolling in you do what you have just done to 30 or 40 pairs each week.

I started trading this strategy about 6 months ago, started with $1.50,on micro account (yes that's right one dollar fifty), and just this week I was informed by Forbes that I will be appearing on their next rich list, very close to the top.

John you obviously have a good grip of the strategy, and I think it will take you less than 6 months to overtake me on that rich list.
  • #568
  • Aug 15, 2009 3:32pm Aug 15, 2009 3:32pm
Quoting johnblake
In continuation of my post of 9th August, showing you a Strategy even better and easier than Merlin's,
I started placing my orders with my broker as from Monday the 10th of August 2009.

Here is how I placed my Order:
Buy 100 lots at the Lowest Low of the day and Exit at the Highest High of the day.
Sell 100 lots at Highest High of the Day and Exit at Lowest Low of the day. Once an order has been filled, cancel the other order.

And here is what I got:

10th August Sell 1.4216 Exit 1.4103 Profit = 113 pips
11th August Sell 1.4184 Exit 1.4109...

Hi JohnBlake, can you explain please about your idea... You put the orders at low and hi, at previous day ? at the end of present day ? and what is your broker, wchich gave you to open 100 orders ? thanks to your time...
  • #569
  • Aug 15, 2009 3:33pm Aug 15, 2009 3:33pm
Quoting Four Kids
..... I was informed by Forbes that I will be appearing on their next ....
I am pretty and single. But are you one or four............. Nevermind!
The Thief of Wall Street
  • #570
  • Aug 15, 2009 3:37pm Aug 15, 2009 3:37pm
As for you people who think Magellan is dead, he was seen last week with Elvis,trying to raise money for a fourth trip.
  • #571
  • Aug 15, 2009 3:45pm Aug 15, 2009 3:45pm
Quoting Chicky
I am pretty and single. But are you one or four............. Nevermind!

Sorry I don't use FF to pick up chick's. I use card's in phone booth's for that.
  • #572
  • Aug 15, 2009 3:59pm Aug 15, 2009 3:59pm
Quoting GregRom
Hi JohnBlake, can you explain please about your idea... You put the orders at low and hi, at previous day ? at the end of present day ? and what is your broker, wchich gave you to open 100 orders ? thanks to your time...
Geeeeeez.... Another on bites the dust....

http://3.bp.blogspot.com/_ezrwUytP54...ury%5B1%5D.JPG

Many share my views with me. But I don't share them with them...
  • #573
  • Aug 15, 2009 4:39pm Aug 15, 2009 4:39pm
Quoting GregRom
Hi JohnBlake, can you explain please about your idea... You put the orders at low and hi, at previous day ? at the end of present day ? and what is your broker, wchich gave you to open 100 orders ? thanks to your time...
Just a little background music for you to play while executing your future trades....

Jaws
  • #574
  • Aug 16, 2009 2:53pm Aug 16, 2009 2:53pm
Hi everyone,

Following is cut and paste PM from Moforex. Please save me from his JAWS.


"hello
excusme
i want you help me
i read and read and read very much topic amazing sterategy but no undetstand
can you say me about amazing stretagey?
how i found high and low tommorow?
tanks"
The Thief of Wall Street
  • #575
  • Aug 17, 2009 5:56pm Aug 17, 2009 5:56pm
Quoting GregRom
Hi JohnBlake, can you explain please about your idea... You put the orders at low and hi, at previous day ? at the end of present day ? and what is your broker, wchich gave you to open 100 orders ? thanks to your time...

Hi Greg,

You need to have a Million Dollar in your account in order to trade 100 lots at a time but you can always trade Single Lots if you have $5000.00 in your account.
Any broker will take your order. If he doesn't then tell him you will close your account with him and open elsewhere.

Hope this helps.

John
Winning is a Great Feeling!
  • #576
  • Edited 1:27pm Aug 21, 2009 1:47am | Edited 1:27pm
hi all, i just read the 1st post and now i will try to explain properly hope for those who are interested will backtest and forward test the result see if it works or not. beware, this is just my personal interpretation based on the 1st post, it might be right or wrong.



1.) get any mt4 platform and load the eur/usd 1Hour chart.

since all the broker might have different server time, so just IGNORE the time. we will re-calculate the hours based on the bar, server time does not matter anymore.

2.)
Quoting merlin
> your "day" ends at 4:59EST and starts at 5pm EST
actually he means Starts at 8am morning in Wellington, NZ. and then ends exactly after 12HOURS, at 8pm NZ time.


Refer NZ time here :

Inserted Code
http://wwp.greenwichmeantime.com/time-zone/pacific/new-zealand/time.htm
3.) Now you have gotten the NZ time zone, its time to look at the EUR/USD 1H chart.



INSTRUCTION :

- Identify & calculate which bar will end during 8pm NZ time
- put a vertical red line at your calculated location even the bar hasnt been form yet
- then from the vertical red line, minus 12 bars to the left and thats the exact time zone you should start monitor for entry. put a dotted grey vertical line at the calculated location.
- then you minus 12 bars to the left again and put another red vertical line at the calculated location.

you should get the same plotting as the picture below


Attached Image (click to enlarge)
Click to Enlarge Name: chart1.jpg Size: 98 KB





3.) How to get daily high & low

- as the chart above, the distance between a vertical red line to another red line is exactly 24 bars. so its 24 hour period..

- to get daily high and daily low, just look for the HIGHEST peak and LOWEST peak within the vertical red line.

Attached Image (click to enlarge)
Click to Enlarge Name: chart2a.jpg Size: 41 KB






4.) When to enter

- now you should know when to starts monitoring and entry zone.

- its always on the 2nd zone within vertical red line to another vertical red line. 8am NZ time starts from the dotted grey line, i marked with yellow tick means monitoring or possible entry zone.

- the zone marked with 'X' means outside of tradeable zone

refer pic below :

Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 109 KB






5.) Summary

- so now you should get the daily high/low just set your entry if market hits the certain level

- if market hits the daily high = enter SELL, with takeprofit 25 pips & 15 pips stoploss
- if market hits the daily low = enter BUY, with takeprofit 25 pips & 15 pips stoploss


*Regarding the MACD and RSI, merlin didnt mention much. But according from previous post in this thread, someone says it was use to prevent your broker know the 'daily' high/low and your position entry matter, thats why need to load macd & rsi indicator on your chart, but im not sure really..




IF anyone of you thinks im getting this wrong PLEASE reply this thread, otherwise tell me what do you get from this backtest and forwardtest result, does it profitable or something since i havent really test this thing out.


for those have any questions or feedback please email me at :

attas_al at yahoo dot com.

dont send private message as i dont really login here often. Thanks all!
  • #577
  • Aug 21, 2009 8:42am Aug 21, 2009 8:42am
LOL

Quoting attas_al
hi all, i just read the 1st post and now i will try to explain properly hope for those who are interested will backtest and forward test the...
  • #578
  • Aug 21, 2009 11:44am Aug 21, 2009 11:44am
I've discovered a 100% non-random inverse correlation!

The hilarity of each post on this thread is inversely proportional to the poster's number of previous FF posts.
  • #579
  • Aug 21, 2009 12:10pm Aug 21, 2009 12:10pm
Quoting attas_al
for those have any questions or feedback...

...i dont really login here often. Thanks all!
You stopped in long enough to blow up the thread with oversize charts...

Hello Twee......?? Can you please wave your wand over those things and shrink them?
FUBAR...
  • #580
  • Aug 21, 2009 12:13pm Aug 21, 2009 12:13pm
Quoting ak4x
You stopped in long enough to blow up the thread with oversize charts...

Hello Twee......?? Can you please wave your wand over those things and shrink them?
I agree!!
The integrity of this thread must be maintained, at all costs.
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