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Looking for highly accurate trading style!

  • #1
  • First Post: Jul 27, 2011 6:39am Jul 27, 2011 6:39am
Hello.

Right now I'm looking for highly accurate trading strategy, system, rules whatever. My requirements: chance that trade will reach take profit order is close to 100%.

The system should be on the edge between I know/I forecast.

Everything else doesn't matter: it can trade once a month, any currency pair.

Can you give me some advises in the field.

Josef
  • #2
  • Edited 8:34am Jul 27, 2011 8:23am | Edited 8:34am
Quoting josef
Hello.

Right now I'm looking for highly accurate trading strategy, system, rules whatever. My requirements: chance that trade will reach take profit order is close to 100%.

The system should be on the edge between I know/I forecast.

Everything else doesn't matter: it can trade once a month, any currency pair.

Can you give me some advises in the field.

Josef
LOL

man o man, is this thread some sort of joke?

if not, mate keep dreamin...... on so many levels. sorry to sound harsh, but really doubt you will find something close to what you want.

what's wrong with your current ea seems to be doing fine??
  • #3
  • Jul 27, 2011 8:54am Jul 27, 2011 8:54am
Quoting josef
Hello.

Right now I'm looking for highly accurate trading strategy, system, rules whatever. My requirements: chance that trade will reach take profit order is close to 100%.

The system should be on the edge between I know/I forecast.

Everything else doesn't matter: it can trade once a month, any currency pair.

Can you give me some advises in the field.

Josef
Yep, and I'm looking for a shower date with Heather Locklear (LOL). If there was such a system, what are the chances that anyone would give it away it on a forum?

Since a near 100% system would probably be some form of Martingale, which by definition will implode an account given enough trades, why not search for a 50/50 system with a 3 to 1(or better) risk ratio?
  • #4
  • Jul 27, 2011 11:08am Jul 27, 2011 11:08am
Quoting josef
Hello.

Right now I'm looking for highly accurate trading strategy, system, rules whatever. My requirements: chance that trade will reach take profit order is close to 100%.

The system should be on the edge between I know/I forecast.

Everything else doesn't matter: it can trade once a month, any currency pair.

Can you give me some advises in the field.

Josef
haha, god, you really need some experience or somebody has to wake you up. Your requirements are insane.

Be happy if you are right 51% of the time.
  • #5
  • Jul 27, 2011 1:43pm Jul 27, 2011 1:43pm
Quoting josef
Hello.

Right now I'm looking for highly accurate trading strategy, system, rules whatever. My requirements: chance that trade will reach take profit order is close to 100%.

The system should be on the edge between I know/I forecast.

Everything else doesn't matter: it can trade once a month, any currency pair.

Can you give me some advises in the field.

Josef
A man with 868 posts so far and the question looks just .............. Well what I can think is that maybe you are trying to judge something by answers of the users. The question is asked in very straightforward way and even you know the answer of this question. Maybe you want yourself to enjoy by reading different answers.
  • #6
  • Jul 28, 2011 12:13am Jul 28, 2011 12:13am
Only limit losses. Unlimit profitable trades and realize the possibilities.

One strategy I personally use is currently @ <4% win rate.
  • #7
  • Jul 28, 2011 12:31am Jul 28, 2011 12:31am
Hi,

Though there are numerous systems which work well, people do leave them out fairly quickly because of various reasons.

1. Urge to trade..Some people just want to trade. 2 losses, they just leave the system
2. Improper money management. Taking a 40-60% risk position on your capital leads to implosion of the account sooner. This at times may not even give you a chance to test a system fully
3. There are lot many reasons,which, I hope you know far better and lets not go behind them at present

Now, coming back to the main point of discussion, My strategy is listed as below.

1. Previous day's High / Low are your entry reference points
2. If Today open is below Yesterday's high, buy above the previous days high for 5PiPs. SL can be today's open price
3. Similarly, if Today's Open is above Yesterday's low, then sell below previous day's low for 5PiPs. SL is again open price
4. I keep repeating this as and when price keeps hovering below and above the open of the day and high/lows of the previous day.

This fairly a good system, if one wants consistent money and limited risks.

Comments are welcome.

Thanks
Ansi
  • #8
  • Jul 28, 2011 12:59am Jul 28, 2011 12:59am
Quoting Custos
haha, god, you really need some experience or somebody has to wake you up. Your requirements are insane.

Be happy if you are right 51% of the time.
I was ready for this answer For two reasons, I believe that such strategy exist, but I would share it on the Forum. Could be the way to take advantage of Forex trading. Take it not like trading, but like manipulation, some trick.
  • #9
  • Jul 28, 2011 1:01am Jul 28, 2011 1:01am
Quoting EmeraldEyes
Only limit losses. Unlimit profitable trades and realize the possibilities.

One strategy I personally use is currently @ <4% win rate.
Did I understand you correct? You win only every 25th trade?
  • #10
  • Jul 28, 2011 1:21am Jul 28, 2011 1:21am
you never stop looking for noob ways to game the system. sad. jim henson would be proud.

dumb thread is dumb.
Congratulations ScalaFX for coming out of the closet!
  • #11
  • Jul 28, 2011 6:10am Jul 28, 2011 6:10am
Quoting josef
Did I understand you correct? You win only every 25th trade?
Lemme see if I can earn that vouch you gave me this is my 2pips ..

Yes you understood me correctly. The final average will be less than that though.. not necessarily every 25th, ya know. I only performed that calculation for that post to prove its possible and profitable.

What if I told you there's a way to net negative pips in a day and still make money?

I dont mean to stray this thread away from your quest for a great strategy, but PM me if you'd like to discuss that mindset more.
  • #12
  • Jul 28, 2011 4:20pm Jul 28, 2011 4:20pm
Quoting EmeraldEyes
Only limit losses. Unlimit profitable trades and realize the possibilities.

One strategy I personally use is currently @ <4% win rate.
and I thought i was insane for using one with 33% win ratio.
.
  • #13
  • Jul 28, 2011 4:25pm Jul 28, 2011 4:25pm
Quoting EmeraldEyes
Lemme see if I can earn that vouch you gave me this is my 2pips ..

Yes you understood me correctly. The final average will be less than that though.. not necessarily every 25th, ya know. I only performed that calculation for that post to prove its possible and profitable.

What if I told you there's a way to net negative pips in a day and still make money?

I dont mean to stray this thread away from your quest for a great strategy, but PM me if you'd like to discuss that mindset more.
Well not surprising if you loose 20 pips on Eurusd and make 20 pips on Eurgbp. Even simpler if you lost 20 pips with 1 lot and made 10 pips with 3 lots.

Lol just kidding around, have a good day.
.
.
  • #14
  • Edited 2:35pm Jul 29, 2011 10:10am | Edited 2:35pm
Quoting nasir.khan
Well not surprising if you loose 20 pips on Eurusd and make 20 pips on Eurgbp. Even simpler if you lost 20 pips with 1 lot and made 10 pips with 3 lots.

Lol just kidding around, have a good day.
.
.
Yep that's all it is Nasir. Keeping it simple. .. without scalping though.

edit: by not taking profit and leaving your trade going, you can have the above scenario happen often days w/ 0 risk.
  • #15
  • Oct 3, 2011 8:59am Oct 3, 2011 8:59am
dear Josef , hello sir.

as further as i can notice from the posts above ,
i do assume that you are a talented trader. then ,
i just humbly like to share my system , in a sense of accuracy.
it is basicly about to trade "middle term trends" with "1 minute and 30 seconds charts". watching charts manuelly with some standart and modified common indicators , in volatile hours (sessions mostly) , major pairs , most preferably eur/usd. then SL will be narrow and TP is much wider. not any holly grail but also not very comlicated. depending on traders skills mostly. i hope it make any sense.
regards.
the best indicator is trader's knowledge , experience and dicipline.
  • #16
  • Oct 3, 2011 9:18am Oct 3, 2011 9:18am
Hello

looking for the fountain of youth

plz helpz
  • #17
  • Oct 3, 2011 9:33am Oct 3, 2011 9:33am
what do you need to show you a 100% trade?
  • #18
  • Oct 3, 2011 9:53am Oct 3, 2011 9:53am
this thread remind me first time start trading forex
  • #19
  • Oct 3, 2011 9:55am Oct 3, 2011 9:55am
1000 dollars pls....then I will think if i can give away my trading secret

1000 dollars u need to pay,to show that u are dedicated to forex and u will respect my system
Trade responsiblypatience is the key/Swing trader
  • #20
  • Oct 3, 2011 11:44am Oct 3, 2011 11:44am
i don kno how much is this better 4 you,
but still one more filter needed this strategy.

pair-EURUSD
TF- H1
buy-
RSI()>60
MA(3,low) > ask
tgt=ma(3,Median) *TGT 15M was time frame
sell-
RSI()<40
MA(3,high) < bid
tgt=ma(3,Median) * TGT 15M was time frame.

Any suggestion'l b welcome...
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