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A trader does not have to lose before you make profit in the Forex market

  • #41
  • May 17, 2010 11:06pm May 17, 2010 11:06pm
What do you call it then?

Quoting pipmutt
Who's arbing, not this Helper guy.
  • #42
  • May 17, 2010 11:09pm May 17, 2010 11:09pm
Quoting eagle4x
What do you call it then?
What do I call what? Analysing the market and predicting the probability of future price direction? Well just that really!
  • #43
  • Edited 11:58pm May 17, 2010 11:47pm | Edited 11:58pm
Did you read any of Helper's posts? Where does he write that his system is analyzing the market and predicting the probability of future price direction? Besides, eventhough I contend his method is otherwise, most traders, except for those who do straddles, etc., try to predict market direction when placing trades and hope they are on the right side.

Quoting pipmutt
What do I call what? Analysing the market and predicting the probability of future price direction? Well just that really!
  • #44
  • May 17, 2010 11:59pm May 17, 2010 11:59pm
Quoting eagle4x
Did you read any of Helper's posts? Where does he write that his system is analyzing the market and predicting the probability of future price direction?
Quoting The Helper
I trade on the 6-hr chart spending about 20 minutes to figure out my best probability trades.

"Did you read any of Helper's posts? Where does he write that his system is".....arbitraging?

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  • #45
  • May 18, 2010 12:00am May 18, 2010 12:00am
The broker's arbitrage thoroughly detailed "intro" was to "explain" why everybody can win in Forex - as the title of the post says - (that is, apparently the market wouldn't be "zero sum" because of those "little details").

Now, "the code" that was "cracked" goes most probably much beyond. The 6-hour charts could be the clue. And one or two TA/PA evident behaviour...

Anyway, good call indeed. Now 49 (or so) left.
  • #46
  • May 18, 2010 12:11am May 18, 2010 12:11am
Post #19: "This is simply called ARBITRAGE within the interbank system."



Quoting pipmutt
"Did you read any of Helper's posts? Where does he write that his system is".....arbitraging?

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  • #47
  • May 18, 2010 12:20am May 18, 2010 12:20am
Quoting eagle4x
Post #19: "This is simply called ARBITRAGE within the interbank system."
How does the bröker/marketmaker shading price and hedging his risk equate to you (the trader) arbitraging? How do you, as a trader, plan on exploiting that 'knowledge' and forex-market-code-crack (lol) to make money?

By the way, can I interest you in a magic 8-ball?

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  • #48
  • May 18, 2010 12:33am May 18, 2010 12:33am
Quoting eagle4x
Post #19: "This is simply called ARBITRAGE within the interbank system."
Indeed. Post #19 explains how the br0ker, by performing this ARBITRAGE, isn't concerned about your trade winning or losing, as anyway he'll be getting the opening spread, PLUS (in the example shown) a nice 3 additional pips on your trade because of the arbitrage between the three liquidity providers. You get closed at 1.2369, he closes at 1.2372.

Now, the only thing he said about the entry itself, was "let's say you see an opportunity to buy EUR/USD". He is not saying that the "sight" depends on the br0ker's arbitrage techniques! Nor is he making arb trades as we can see he gets in for longer duration trades as today's EUR/AUD.

Confusion leads to deception... as does diverting the attention.
  • #49
  • May 18, 2010 12:47am May 18, 2010 12:47am
Almost 200 pips = almost 3 %.

Not bad for 1 % risk.

  • #50
  • May 18, 2010 1:04am May 18, 2010 1:04am
Quoting doblece
The 6-hour charts could be the clue. And one or two TA/PA evident behaviour...
There seems to be a time element in there as well somewhere, he quotes time to close his trade as opposed to a price target...

Quoting The Helper
Ijust keep adjusting my SL. I will be making another adjustment or outright closing by 7pm London time.
He actually hit the high pretty much, assuming he wasn't stopped out before.
  • #51
  • May 18, 2010 4:53am May 18, 2010 4:53am
Mr Helper is very quiet.

  • #52
  • May 18, 2010 5:14am May 18, 2010 5:14am
Dear Traders

I am not really quiet. I am very busy. Sorry. Arbitrage has nothing to do with my system or any other. Besides, I have never told you that I have any system. I only said that I have cracked the "code". It does not mean that there is a written code or program. Though, I have a computer algorithm that gives me profit consistently. I have not said that I want to sell anything to anybody. Currently, I am long E/U at 1.2379, E/Y at 114.71, and G/U at 1.4422.

As for Arbitrage, it simply means exploiting the disparity in price of the same commodity in different locations to profit. That is what brokers do with the liquidity providers' price various quotes.

I will continue the other thread when I have time.

Happy trading day
  • #53
  • May 18, 2010 10:11am May 18, 2010 10:11am
Quoting The Helper

I am long E/U at 1.2379, E/Y at 114.71, and G/U at 1.4422.
Not posted in real time, and no stops or targets.
  • #54
  • May 18, 2010 1:32pm May 18, 2010 1:32pm
Dear Fellow Traders

Unfortunately, this may not be seen real time because I am only tagged as junior member on FF and my posts will only come on after being scrutinised by the moderation team. For me, giving you the info, I think was just for info purposes. The trades had been closed for profit, and I had already gone the opposite direction. I dont knwo if real time is possible on FF. I only use FF for calendar really. This is my first time on FF forum or any forum at all. I had been busy for 4 years trying to figure out the dynamics of this mkt.

Rgds
  • #55
  • Edited 4:28pm May 18, 2010 3:21pm | Edited 4:28pm
Quoting The Helper
Dear Fellow Traders

Unfortunately, this may not be seen real time because I am only tagged as junior member on FF and my posts will only come on after being scrutinised by the moderation team. For me, giving you the info, I think was just for info purposes. The trades had been closed for profit, and I had already gone the opposite direction. I dont knwo if real time is possible on FF. I only use FF for calendar really. This is my first time on FF forum or any forum at all. I had been busy for 4 years trying to figure out the dynamics of this...
Ok, fair enough, I didn't realize there was a delay before some posts appear.

So you've spent the past 4 years 'trying to figure out the dynamics of this mkt', what did you discover or are you still trying to figure it out?
  • #56
  • May 18, 2010 3:38pm May 18, 2010 3:38pm
What a hilarious thread.
  • #57
  • May 18, 2010 3:54pm May 18, 2010 3:54pm
Quoting The Helper
Dear Traders

Currently, I am long E/U at 1.2379, E/Y at 114.71, and G/U at 1.4422.



Happy trading day
And just how are those trades working for you now??
  • #58
  • May 18, 2010 4:27pm May 18, 2010 4:27pm
Quoting The Helper
The trades had been closed for profit, and I had already gone the opposite direction.
Well if Carlsberg made traders...

(Brit joke BTW, check here to get an idea of the theme...)
  • #59
  • May 18, 2010 6:11pm May 18, 2010 6:11pm
Quoting The Helper
this may not be seen real time because I am only tagged as junior member on FF and my posts will only come on after being scrutinised by the moderation team.
Does that mean you post in actual real time and there's just the forum delay?

Quoting The Helper
For me, giving you the info, I think was just for info purposes. The trades had been closed for profit, and I had already gone the opposite direction.
Or, do you only post in real time AFTER the fact AND above this there is a further delay... or as you know there will be a delay you post in ACTUAL real time the info that is already PAST as you know it won't be seen before the usual "scrutinizing" delay? But you don't seem to be sure about this.
Why didn't you then just post: "I went long earlier in so and so at this and that price, closed for umpteen pips and went short already at this and that price.

Time warp.

Note: A chart would be helpful to understand your entry calls and exits.
Nearly 60 posts and not a single clue...
  • #60
  • May 18, 2010 6:41pm May 18, 2010 6:41pm
i knew i should stick around for this keep it coming the helper lets see where this will go

regards damien
i pull the trigger when others are fearful---me
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