let's go where the price goes | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Let It Be Known, Resistance Against Price Normalization 5 replies

BELLA SYSTEM. Let's try it, let's improve it! 118 replies

Let's discuss the price action when big players enter or exit the markets! 0 replies

"let's go where the price goes" simple ea request - please 0 replies

Can anybody have ideas why price goes down very quickly in that two days! 13 replies

Attachments: let's go where the price goes
Exit Attachments

let's go where the price goes

  • #41
  • Dec 29, 2010 4:44am Dec 29, 2010 4:44am
Hi! Kiscan, It's very interesting. What's tf and pairs suit for the method? Now we have no EA, is it possible to operate by manual till some coder help us.
  • #42
  • Dec 29, 2010 5:04am Dec 29, 2010 5:04am
Quoting kiscan
good job, cozbek!!

as we can see in the image, more than 800 pips(floating) in a down trend of 150pips

i can see your range is 10 pips, how many looses? and how many break evens?

thank you a lot.
Thank you kiscan

13 Loses and 7 breakeven::: I dont know is it good or bad?
I am sorry for slow replies and for my english....I am not a native speaker...
anyway as I am being a junior member it is not easy to contribute... so I am sorry for that too..
  • #43
  • Dec 29, 2010 5:25am Dec 29, 2010 5:25am
with less pip range, but many pips.
and less lost in the stops, you use a breakeven stop at the same stop and if the next level very close to the previous enabled to do hedging.
  • #44
  • Dec 29, 2010 6:06am Dec 29, 2010 6:06am
Hi kiscan,
Thanks for posting this interesting strategy. Will follow with interest and contribute where I can....
cheers, ForexMastery
  • #45
  • Dec 29, 2010 6:22am Dec 29, 2010 6:22am
Testing this now on USD/JPY - with the pair reaching historic lows, it's hard to predict whether the downtrend will push through the 83.000 level or bounce off the support and head upwards instead.

In other words, an excellent environment to test run the system.
  • #46
  • Dec 29, 2010 6:26am Dec 29, 2010 6:26am
Quoting cozbek88
Thank you kiscan

13 Loses and 7 breakeven::: I dont know is it good or bad?
I am sorry for slow replies and for my english....I am not a native speaker...
anyway as I am being a junior member it is not easy to contribute... so I am sorry for that too..
hi,cozbek.

13 losses are -130 pips and you are winning 800!!!

donīt you know if itīs good or bad???

my english itīs worst than you, no problem.
and when you put 5 -10 post you will be a member, not problem, only many post.

thank you.
  • #47
  • Dec 29, 2010 6:36am Dec 29, 2010 6:36am
First impression - on a fast-moving pair, this system needs either:

a) An EA
b) Super-human reflexes
c) Greater distance between orders

At 10-pip distances, I was quickly overwhelmed on USD/JPY.
  • #48
  • Dec 29, 2010 6:38am Dec 29, 2010 6:38am
Quoting orionfx
Hi! Kiscan, It's very interesting. What's tf and pairs suit for the method? Now we have no EA, is it possible to operate by manual till some coder help us.
hi. orion.

as i told in the "1st post". this is a system based only in price, no matter what tf.

you can trade it by manual mode, but itīs a hard work because you have to manage a lot of orders.

you can operate this system in any pair but try to operate in trending pairs like eu gu ey gy etc ranging pairs like eg ec arenīt the best for this.

put the range where you feel comfortable whit a good money management.

and remeber, donīt be greedy!!

regards
  • #49
  • Dec 29, 2010 6:43am Dec 29, 2010 6:43am
Quoting ninpojutsu
with less pip range, but many pips.
and less lost in the stops, you use a breakeven stop at the same stop and if the next level very close to the previous enabled to do hedging.
thank you a lot for your contribution, ninpojutsu.

when or where hedging?

can you explain this better? please.
  • #50
  • Dec 29, 2010 7:24am Dec 29, 2010 7:24am
Quoting George C
First impression - on a fast-moving pair, this system needs either:

a) An EA
b) Super-human reflexes
c) Greater distance between orders

At 10-pip distances, I was quickly overwhelmed on USD/JPY.
hi, george.

that is, if we can make an EA we donīt need super-human reflexes.

no problem whit distance between the orders, only M/M to avoid big looses in ranging markets.
regards.
  • #51
  • Dec 29, 2010 7:34am Dec 29, 2010 7:34am
Quoting kiscan
hi, george.

that is, if we can make an EA we donīt need super-human reflexes.

no problem whit distance between the orders, only M/M to avoid big looses in ranging markets.
regards.
Kiscan,

Extra distance between orders may be needed solely if we can't develop an EA - this would give the trader enough time to punch in new orders after each one is triggered, and to adjust SLs accordingly. It's purely a function of how quickly a trader can do all that.
  • #52
  • Dec 29, 2010 7:36am Dec 29, 2010 7:36am
Quoting kiscan
hi,cozbek.

13 losses are -130 pips and you are winning 800!!!

donīt you know if itīs good or bad???

my english itīs worst than you, no problem.
and when you put 5 -10 post you will be a member, not problem, only many post.

thank you.
thank you it is good for trending but now it made 8 loses and there is nothing floating
I am waiting for a trend of 100 pips to make app. 500 pips to recover...
more patience see ya' all
  • #53
  • Dec 29, 2010 7:44am Dec 29, 2010 7:44am
Quoting George C
Kiscan,

Extra distance between orders may be needed solely if we can't develop an EA - this would give the trader enough time to punch in new orders after each one is triggered, and to adjust SLs accordingly. It's purely a function of how quickly a trader can do all that.
ok,

i think that early or later there will be a generous coder that code this.

if not, i will begun to learn mq4.
  • #54
  • Dec 29, 2010 10:12am Dec 29, 2010 10:12am
Dear Kiscan..thanks for sharing your strategy.

I have one question about the break even method. Why don’t you change your previous set-up to a winning level instead of break even?
  • #55
  • Dec 29, 2010 10:29am Dec 29, 2010 10:29am
Quoting cozbek88
thank you it is good for trending but now it made 8 loses and there is nothing floating
I am waiting for a trend of 100 pips to make app. 500 pips to recover...
more patience see ya' all
Hi! cozbek, May be you're only one of our hope to code EA. I cheer you to success and contribute to us.

Cheers.
  • #56
  • Dec 29, 2010 11:33am Dec 29, 2010 11:33am
Quoting Slimane
Dear Kiscan..thanks for sharing your strategy.

I have one question about the break even method. Why don’t you change your previous set-up to a winning level instead of break even?
hi,slimane.

because we arenīt looking for small profits and a retracement of the price can cut a winner trade.

whit this system you can loose too much money in ranging markets but when you take the good one you have to optimize it.

the idea of this is: let the winners run, if it isnīt a winner i donīt want it.

you can see the image of the trade that cozbek makes yesterday, he wins more than 600 pips, you can loose 60 more times and not lost your money.

itīs symple, don,t look for small profit, donīt look at your feet look at the sky.

best regards.
  • #57
  • Dec 29, 2010 11:46am Dec 29, 2010 11:46am
Quoting cozbek88
thank you it is good for trending but now it made 8 loses and there is nothing floating
I am waiting for a trend of 100 pips to make app. 500 pips to recover...
more patience see ya' all
hi, cozbek.

8 loosers are only 80 pips.yesterday you won over 600

patience is the mother of the science.

look at this spike of the euro, i,m sure that you have recovered all your loosers.

iīm right??
  • #58
  • Dec 29, 2010 12:10pm Dec 29, 2010 12:10pm
Quoting cozbek88
thank you it is good for trending but now it made 8 loses and there is nothing floating
I am waiting for a trend of 100 pips to make app. 500 pips to recover...
more patience see ya' all
can you see the potential of this?

you are talkink about 500pips like nothing.

in this moment the euro is trending up 100pip, you lost 80 in the range.
and now? how many pips you got?
  • #59
  • Dec 29, 2010 12:13pm Dec 29, 2010 12:13pm
Quoting smjones
Just to be certain, do you have both sell orders and buy orders open at the same time in this grid? If so, this will not work with any USA broker, unless it is run from 2 accounts, unless the rules are modified slightly to go flat instead of holding a buy and a sell at the same time.
hi.

this system donīt work in EEUU brokers, itīs obvious.
  • #60
  • Dec 29, 2010 12:56pm Dec 29, 2010 12:56pm
Quoting smjones
As you wish. I'll move on. I'll leave writing the EA to someone else. Sorry to intrude.

PS, anything that requires a buy and a sell at the same time, can be done by going flat at the right time and amount.
hi, smjones.

my words were exactly "this system donīt work in EEUU brokers, itīs obvious"

i donīt tell " i wish youīll move on"

this system isnīt made of stone, new ideas are always welcome, if you know how this system can work in EEUU brokers, came on.

regards.

ps: my english it,s not very good and sometimes i canīt understand everything
1 trader viewing now