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Looser Trading System (Version 0.01-1/3)

  • #281
  • Aug 14, 2010 11:26am Aug 14, 2010 11:26am
Hi Traders,

Please see Post # 1

Thanks.
The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #282
  • Aug 14, 2010 2:59pm Aug 14, 2010 2:59pm
Hey looser,

I inspired by your system & create a new system (inspired by looser 1.0).

i m in heavy profit, but i use your ver 1.0 rule : never close trades till die or when you need money to buy Marlboro.

let's see what happened Monday, till date accuracy is 99.99%, every thing have own life period, let's see how long system life.
  • #283
  • Aug 14, 2010 8:44pm Aug 14, 2010 8:44pm
Ok guys. Here is what I think and please comment as that is the way we will get this right. Looking at the E/U and G/U on the 4 hr can give us clues. Lets look? We see these charts clearly show the T.O.M., (Trend of the Moment), being short. #1 argument for short biased. 4 hr Histogram also shows badly oversold on both pairs. #2 argument for short biased.

Breaking down the 15 Min Time frame, we draw immediate trendlines, (Yellow), and we see that a 30 pip reversal will break each DTL. In my view that would be #3 argument for short biased.

SOOOOOOOOOOOooooooo. Way too much Support to play this strategy long here. So as long as we dont have any huge gaps I will demo this strategy short on Sunday night and we will see how this works.

Please, comments are urged here.

Jim
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  • #284
  • Aug 15, 2010 8:21pm Aug 15, 2010 8:21pm
Up 173 pips as of 9:15 PM EST. Dont know whether to put them away or let em ride. Apparently my strategy using the trendlines has worked......But, its only one time. Will try it each afternoon around 5PM EST.

Jim


Quoting Nene
Ok guys. Here is what I think and please comment as that is the way we will get this right. Looking at the E/U and G/U on the 4 hr can give us clues. Lets look? We see these charts clearly show the T.O.M., (Trend of the Moment), being short. #1 argument for short biased. 4 hr Histogram also shows badly oversold on both pairs. #2 argument for short biased.

[color=black]Breaking down the 15 Min Time frame, we draw immediate trendlines, (Yellow), and we see that a 30 pip...
  • #285
  • Aug 15, 2010 10:13pm Aug 15, 2010 10:13pm
I pulled and banked 178 pips. I now have reversed the bias because of the Trendline support on the higher timeframes. We shall see.

Jim
  • #286
  • Aug 16, 2010 2:01am Aug 16, 2010 2:01am
Quoting Nene
I pulled and banked 178 pips. I now have reversed the bias because of the Trendline support on the higher timeframes. We shall see.

Jim
coooool !!!!
The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #287
  • Aug 16, 2010 4:21am Aug 16, 2010 4:21am
Waiting for eTrader Results !!!
The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #288
  • Aug 16, 2010 8:05am Aug 16, 2010 8:05am
Still Waiting for Results !!!!

The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #289
  • Aug 16, 2010 8:55am Aug 16, 2010 8:55am
Quoting Looser
Still Waiting for Results !!!!

Looser,

While waiting for results, do you mind sharing with us your results?

Thanks
  • #290
  • Aug 16, 2010 9:13am Aug 16, 2010 9:13am
Quoting goldcourse
Looser,

While waiting for results, do you mind sharing with us your results?

Thanks
Sep 5
The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #291
  • Aug 16, 2010 9:25am Aug 16, 2010 9:25am
Well, I am not getting to excited about it. Been trading way too long to get excited over one shot. I will look at the larger timeframes around 5 and make a bias decision and do it again. But if I approach 200 pips I will pull profits once again. I may try to get the G/J, E/J And G/C into the mix in another account because I hink they can help.

Jim

Quoting Looser
coooool !!!!
  • #292
  • Aug 16, 2010 9:39am Aug 16, 2010 9:39am
Here we see a nice Daily Trendline bounce and the real reason behind me not keeping my shorts last night. Looks like long biased tonight because this is a beautiful Morning Star forming here on the Daily AT the trendline. Same thing only different on the E/U. Cant ignore Star patterns at trendlines guys.

Jim
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  • #293
  • Edited 2:30pm Aug 16, 2010 11:56am | Edited 2:30pm
Quote
once upon a time there were 3 men and 3 women - they married each other - they were happily living their life - suddenly a villain came in their lives and attached him self to everyone - their life had been ruined - there was such a mess - after a long time a looser was born - he spent his life in mountains and jungles thinking about how to exploit this mess that villain had created. So after discussing with hyenas and hippos - he made a plan and revealed the secret to every one - though some hidden secrets were kept in the bottom of looser's heart...


I wanna run this on MT4 Demo account and have a look whether it works or it doesn't.
Just tried to start sell 6 orders...this error crossed my trip...
http://www.bilder-space.de/bilder/f3f7ad-1281986979.jpg ( http://img693.imageshack.us/f/errormt4.jpg/ )

Maybe someone can help me?
I'd be glad about!

so -long...
PhAnTi'
Hero calls followed by margin calls...
  • #294
  • Aug 16, 2010 1:49pm Aug 16, 2010 1:49pm
Hi all,

Go on with my test. Today +24 pips. Tomorrow more...
13-08: + 109 pips
16-08: + 24 pips
  • #295
  • Aug 16, 2010 3:03pm Aug 16, 2010 3:03pm
Ok guys, said I was buying at 5PM but heading out. Got the pullback I needed so I am Long biased this time looking for 200 pips total.
  • #296
  • Aug 16, 2010 4:29pm Aug 16, 2010 4:29pm
I am confused ... not about my strategy ... but Traders interest ... seems like traders are not getting Profit or something else ?

The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #297
  • Aug 16, 2010 4:51pm Aug 16, 2010 4:51pm
Quoting Looser
I am confused ... not about my strategy ... but Traders interest ... seems like traders are not getting Profit or something else ?
You kidding right?

" make entries & exit any time - long or short all 6 pairs - place 30 pips stop loss - immediately place entry stops with "double lots" exact at the price where you placed stop loss and now place stop loss "double lots" for second entry exact at the price where you entered first time - profit taking limits are sin here - exit whenever you want - this is taking revenge from market because you have been hit a stop loss, so you take revenge with double lots"

"make entries & exit any time" - What???

"exit whenever you want" - What???


So you want me to just hit Buy/Sell whenever shoot around like a

cowboy?

What kind of system is that?

"immediately place entry stops with "double lots" exact at the price where you placed stop loss and now place stop loss"

Read again what you wrote, - "Place Stop loss where you placed stop loss..." *LOL*




Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #298
  • Aug 17, 2010 12:50am Aug 17, 2010 12:50am
Quoting Looser
I am confused ... not about my strategy ... but Traders interest ... seems like traders are not getting Profit or something else ?

Hey Looser,
I am not getting the profits others have stated, I open in the London session and close the next day.
I have been going long on all 6 pairs as per initial rules.
From what I have seen, I get into profit not great profit but some (a little more than Simple GBP EA gives - Skyzer) and then if I hold the trade through the night the profits are given back.

I am looking to now close at the end of UK session daily.
  • #299
  • Aug 17, 2010 1:52am Aug 17, 2010 1:52am
Quoting Looser
I am confused ... not about my strategy ... but Traders interest ... seems like traders are not getting Profit or something else ?

Looser bhai...

I am very much interested in your system... but I am not getting good results... sometimes both buy and sell orders hit stoplosses and overall profit is in negative...

Please tell me what to do?
  • #300
  • Edited 4:08am Aug 17, 2010 3:57am | Edited 4:08am
Short Trade at London Open

Entry just before the London Open
Sell 6 pairs, Stoploss: 30 pips
Buy Stop 6 pairs, Stoploss: 30 pips

Exit 1 hour later.

Figure 1: Transactions17082010London
Figure 2: Details17082010London

Figure 3: Result1708010
Result for Aug 11,12,13, (16 No trading),17

Deposit: +10000.00 EUR
Result:...+12128.69 EUR
Profit:......+2128.69 EUR
Profit(%): +21.29%

See also post #83, #92, #140, #219, #236, #264, #300
eTrader,
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