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The final Holy Grail

  • #381
  • May 13, 2010 2:54am May 13, 2010 2:54am
Quoting ToxicChili
So is this a high or low risk trade?
I already said that I will not post risky trades anymore.
  • #382
  • May 13, 2010 3:01am May 13, 2010 3:01am
Quoting medbs
I already said that I will not post risky trades anymore.
Just wanted to clarify it next to the trade
  • #383
  • May 13, 2010 6:20am May 13, 2010 6:20am
Buy again EUR/USD at 1.2595, waiting for closing position.
  • #384
  • May 14, 2010 3:49pm May 14, 2010 3:49pm
The premise that markets unfold in recognisable or predictable patterns contradicts the efficient market hypothesis, which says that prices cannot be predicted from market data such as moving averages, volume indicators etc... By this reasoning, if successful market forecasts were possible, investors would buy/sell when The Holy Grail method predicted a price increase/decrease, to the point that prices would rise/fall immediately, thus destroying the profitability and predictive power of the method. In efficient markets, knowledge of the Holy Grail principle among investors would lead to the disappearance of the very patterns they tried to anticipate, rendering the method, and all forms of technical analysis, useless.
  • #385
  • May 14, 2010 5:08pm May 14, 2010 5:08pm
The efficient market hypothesis is nothing but a scam. This crisis proved it Human nature is flawed and the market are nothing but a direct representation of our collective unconscious.
  • #386
  • May 14, 2010 6:24pm May 14, 2010 6:24pm
Quoting Intensity
The efficient market hypothesis is nothing but a scam.
- If not a scam, at least a big joke. I recently heard someone say, "The markets are not mathematical, they are psychological." Seems pretty true at times.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #387
  • May 14, 2010 7:26pm May 14, 2010 7:26pm
"Buy EUR/USD at 1.2665, waiting for closing position."??????????????
1.2379 today...hmmm. must be all that pschological mumbo jumbo..whats your stop.. 500 pips. !
Holy graill.. buying at a 78.6% retracment against a 4 hour trend a daily trend..............................ha ha ha ha ..WIPEOUT! plus the fear of the euro and you want to use ta.....ha hah ha hhhhhhhhhhhha hhhhhhhhhhhhhhhha
post risky trades...how about trades that have a chance in hell of succeeding ..that would be nice.
  • #388
  • May 14, 2010 7:42pm May 14, 2010 7:42pm
Quoting 4XWeezal
"Buy EUR/USD at 1.2665, waiting for closing position."??????????????
1.2379 today...hmmm. must be all that pschological mumbo jumbo..whats your stop.. 500 pips. !
Holy graill.. buying at a 78.6% retracment against a 4 hour trend a daily trend..............................ha ha ha ha ..WIPEOUT! plus the fear of the euro and you want to use ta.....ha hah ha hhhhhhhhhhhha hhhhhhhhhhhhhhhha
post risky trades...how about trades that have a chance in hell of succeeding ..that would be nice.
He has no stops... He has blow up another account of 10,000 dollars in this just thread, look:
Quoting medbs
Buy EUR/USD at 1.2974, waiting for closing position.
just the day before the euro go down to 1'25 and go up again in 30 minutes... But he will tell you that he changed his leverage from 500:1 to 2:1 before open that trade

You can see his really leverage from the beginning here:
Quoting medbs
Here is my latest results.
500:1 cause he double up his account with 300 pips more or less, so with 500 pips... margin call!

Don't waste your time with this thread, medbs is pure scam and a liar.
  • #389
  • May 15, 2010 2:09am May 15, 2010 2:09am
Quoting medbs
Buy again EUR/USD at 1.2595, waiting for closing position.
Good night sweet prince.
  • #390
  • May 15, 2010 12:53pm May 15, 2010 12:53pm
He sucks, but he has guts
Life is a school for the soul
  • #391
  • May 15, 2010 2:13pm May 15, 2010 2:13pm
If , and I repeat IF, this method of trading is profitable, it deffenatley requires monster deep pockets and nerves of steel. I think there are easier ways (easier on the pocket and easier on the nerves ) to make money trading FX.
  • #392
  • May 15, 2010 2:22pm May 15, 2010 2:22pm
Quoting Four Kids
If , and I repeat IF, this method of trading is profitable, it deffenatley requires monster deep pockets and nerves of steel. I think there are easier ways (easier on the pocket and easier on the nerves ) to make money trading FX.
Yes, just take the reverse position to medbs. At least in the last few trades could have done very nicely
  • #393
  • May 15, 2010 9:19pm May 15, 2010 9:19pm
i'm following his call , when he long i short, and vice versa, when he close i also close, so i'm in profit now
so short euro/usd , waiting for closing position
  • #394
  • May 16, 2010 2:42pm May 16, 2010 2:42pm
Best thread since "Trading By Devine Revelation" which is now in the recycle bin. If you haven't read the Devine Revelation thread you are truly missing a FF classic.
  • #395
  • May 17, 2010 12:24am May 17, 2010 12:24am
hey i'm in very much profit now, i wonder when meb will "close" then i could close my position, as well as meb do not close, so do I
  • #396
  • May 17, 2010 5:43am May 17, 2010 5:43am
Quoting Accumulation
Best thread since "Trading By Devine Revelation" which is now in the recycle bin. If you haven't read the Devine Revelation thread you are truly missing a FF classic.
A true classic !
  • #397
  • May 19, 2010 2:48am May 19, 2010 2:48am
Quoting ToxicChili
So all your trades ended positive

Including this one --> Buy GBP/USD at 1.5150, waiting for closing position on the 5th May???

Oh wait, sorry misread your post .
You answered.

Quoting medbs
No, this one is still negative with -150 pips

current GBPUSD price @1.4338, lowest @1.4231


Then you went on ...

Quoting medbs
Buy EUR/USD at 1.2665, waiting for closing position.
and on ...

Quoting medbs
Buy again EUR/USD at 1.2595, waiting for closing position.

current EuroUsd price @1.2207, lowest @1.2142


over 2000 pips accumulated drawdowns in 3 trades. lol great trading,
this is your holy grail? let's give it a new name. "The final holy grail" should be changed to "The final nail in the coffin".


Anyway, there's some good that comes out from this thread. No, persistence has got nothing to do with it. by trading without emergency stop losses, medbs just reminded us all the importance of having one when trading. So fellas, remember, never trade without one
Thank You
  • #398
  • May 19, 2010 3:03am May 19, 2010 3:03am
Quoting wormboy

Anyway, there's some good that comes out from this thread. No, persistence has got nothing to do with it. by trading without emergency stop losses, medbs just reminded us all the importance of having one when trading. So fellas, remember, never trade without one
Also shows newer traders how dangerous it is to trade against the major trend.

medbs has gone surprizingly quiet again.

or are we suppose to wait until end of may?
  • #399
  • May 19, 2010 10:16am May 19, 2010 10:16am
Quoting ToxicChili
Also shows newer traders how dangerous it is to trade against the major trend.

medbs has gone surprizingly quiet again.

or are we suppose to wait until end of may?
The same guy was posting on trade2win as well, same 100% claim and disappeared as soon as those GBPUSD and EURUSD trades went against him. Complete and utter clown, strange thing is that some people tried to defend him saying 'wait until the end of May like he asks'. You have to wonder sometimes.
  • #400
  • May 19, 2010 10:27am May 19, 2010 10:27am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Yeah I've silently been watching the demise of the holy grail on the forex-tsd forum too: http://www.forex-tsd.com/commercial-...ail-medbs.html. The funniest comment was, "I have a suspect you are watching the charts upside down."
"Wishful thinking dies hard." Igor T.
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