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  • #181
  • Oct 12, 2011 10:45am Oct 12, 2011 10:45am
Quoting mohan76
chicky, may i know why you have choose 3802 as sl vs 352x (above r3), thanks
i have assumed you took the trade after rejection at 3816


shotunz,

this a new trading stagy testing , last one was 11th trade
but he has been trading this way for years (or something close to this with a little variation). he is just demonstrating that it actually works...am i wrong?
  • #182
  • Oct 12, 2011 6:07pm Oct 12, 2011 6:07pm
Quoting Chicky
.

ps - No I took the trade soon after it broke 1.3700 thinking it would revisit that area.
ok that's make sense, defended double top, thanks
Mohan
  • #183
  • Oct 12, 2011 6:37pm Oct 12, 2011 6:37pm
Quoting shotunz
but he has been trading this way for years (or something close to this with a little variation). he is just demonstrating that it actually works...am i wrong?
i believe it's his new strategy , i know his real trading lot is much much bigger (1% SL too), but i can't speak for him ,
Mohan
  • #184
  • Edited 10:14pm Oct 12, 2011 10:02pm | Edited 10:14pm
Quoting mohan76
i believe it's his new strategy , i know his real trading lot is much much bigger (1% SL too), but i can't speak for him ,
I am not a very big or even a big trader. Don't make any assumptions based on my vouches or whatever. But one thing I guarantee is that I have tested more methods than many of you believe one can think of and test. I am giving you my second best method.

Check these links for the best method any trader has ever produced:

http://www.forexfactory.com/showthre...22#post5013322

http://www.forexfactory.com/showthre...t=405&page=119
The Thief of Wall Street
  • #185
  • Oct 12, 2011 10:58pm Oct 12, 2011 10:58pm
Quoting Chicky
I am not a very big or even a big trader. Don't make any assumptions based on my vouches or whatever. But one thing I guarantee is that I have tested more methods than many of you believe one can think of and test. I am giving you my second best method.

Check these links for the best method any trader has ever produced:

http://www.forexfactory.com/showthre...22#post5013322

http://www.forexfactory.com/showthre...t=405&page=119
i remember reading that a while ago,
still waiting for the EA
  • #186
  • Oct 12, 2011 11:05pm Oct 12, 2011 11:05pm
Quoting asos101
i remember reading that a while ago,
still waiting for the EA
Most PMs I get inquire about that system. People like 'No Brainer' methods.
The Thief of Wall Street
  • #187
  • Oct 12, 2011 11:07pm Oct 12, 2011 11:07pm
Quoting Chicky
Most PMs I get inquire about that system. People like 'No Brainer' methods.
Smart people like no brainer methods
Smarter people like brainy methods.



chicky so u trade now wwith your advisor rather than your on your own?
Have I got something on my face, SOLDIER?
  • #188
  • Edited 11:31pm Oct 12, 2011 11:13pm | Edited 11:31pm
Quoting bumapatria
Smart people like no brainer methods
Smarter people like brainy methods.



chicky so u trade now wwith your advisor rather than your own?
I don't use an advisor, only because don't know how to use one. I do make 5 to 6 trades a day and therefore need one. Can anyone advise me how to use an EA without using Meta?
The Thief of Wall Street
  • #189
  • Oct 12, 2011 11:39pm Oct 12, 2011 11:39pm
Quoting Chicky
I don't use an advisor, only because don't know how to use one. I do make 5 to 6 trades a day and therefore need one. Can anyone advise me how to use an EA without using Meta?

Metatrader is built for such capabilities, making it popular for such automatic trading ability.
the hard thing is the coding, and unless u find the best coder in the world, it would be very hard to do in my perspective, due to your complex (simple as YOU trade) for the system to trade. In my POV as well, there are more risks in automated trading. Not all brokers like it. And when they dont like something they can do things you wont like. and also u never know its TRUE results until you forward-test it. backtesting is not half-as powerful as forward testing.

i myself dont use one, and probs never will, unless under full risk capital.

I suggest don;t but dont let me stop you.

good luck chicks
Have I got something on my face, SOLDIER?
  • #190
  • Oct 13, 2011 12:01am Oct 13, 2011 12:01am
Quoting bumapatria
Metatrader is built for such capabilities, making it popular for such automatic trading ability.
the hard thing is the coding, and unless u find the best coder in the world, it would be very hard to do in my perspective, due to your complex (simple as YOU trade) for the system to trade. In my POV as well, there are more risks in automated trading. Not all brokers like it. And when they dont like something they can do things you wont like. and also u never know its TRUE results until you forward-test it. backtesting is not half-as powerful as forward...
I won't. I think a Dumb Executor @ $7.25 per hr. is better choice than an Expert Advisor.

LOL. Trying to get right configuration for one of the computers, my IT guy today got very excited on seeing a forex trading platform running on one of the machies. I quicky switched the window telling him I went to that forex site just to check if internet was running and know nothing about forex or other similar on-line trading shit. His comments in Chinese accent were: "You don't know forex trading? It's a very good thing". I couldn't stop laughing after he left.
The Thief of Wall Street
  • #191
  • Oct 13, 2011 12:36am Oct 13, 2011 12:36am
Quoting Chicky
I won't. I think a Dumb Executor @ $7.25 per hr. is better choice than an Expert Advisor.

LOL. Trying to get right configuration for one of the computers, my IT guy today got very excited on seeing a forex trading platform running on one of the machies. I quicky switched the window telling him I went to that forex site just to check if internet was running and know nothing about forex or other similar on-line trading shit. His comments in Chinese accent were: "You don't know forex trading? It's a very good thing". I couldn't stop laughing after...
hahahah, lol, it wouldve been thousand times funnier in video hahahaha!

nevver trust chinese in business they're very good at it, they love to exploit too lol
Have I got something on my face, SOLDIER?
  • #192
  • Oct 13, 2011 3:40am Oct 13, 2011 3:40am
Quoting bumapatria
Smart people like no brainer methods
Smarter people like brainy methods.



chicky so u trade now wwith your advisor rather than your on your own?
hmmmmm nice lines.............. so what you people say about the USDJPY?
My USDJPY has stucked for the longer period of time.... im failed to understand dat what i should do... and second thing is dat im a new commer in the field of forex trading.... so i need your guide line guyzzzz..
Attached File(s)
File Type: tpl usdjpy.tpl   1 KB | 213 downloads
"Sensible Trader"
  • #193
  • Oct 13, 2011 6:55am Oct 13, 2011 6:55am
Quoting Chicky
Trade#12 - entered
Short for 100 pips
Trade#12 - Concluded

TP got hit. 1%
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled156.jpg Size: 96 KB
The Thief of Wall Street
  • #194
  • Oct 13, 2011 7:10am Oct 13, 2011 7:10am
Quoting Chicky
Trade#12 - Concluded

TP got hit. 1%
finally target reached ,

i am not trading as i have kissed 3 x 150 pip sl this week
today i was testing some EA's one of ea manage to calculate eu tp of 200.38197
Mohan
  • #195
  • Oct 13, 2011 7:24am Oct 13, 2011 7:24am
Quoting mohan76
finally target reached ,

i am not trading as i have kissed 3 x 150 pip sl this week
today i was testing some EA's one of ea manage to calculate eu tp of 200.38197
Sorry to hear about these 3 sls. But this is integral part of the game and doesn't hurt much if they get hit in normal course of business. Year before last, I hit 52 sls in a row, not a single winner. However, in the same year, hit 34 TPs, again in a row.

Goodluck with your ea.
The Thief of Wall Street
  • #196
  • Oct 13, 2011 7:35am Oct 13, 2011 7:35am
Quoting Chicky
Sorry to hear about these 3 sls. But this is integral part of the game and doesn't hurt much if they get hit in normal course of business. Year before last, I hit 52 sls in a row, not a single winner. However, in the same year, hit 34 TPs, again in a row.

Goodluck with your ea.
yes it's part of the game, but i have lost my trading discipline so i have to sideline. do you know any good EA for scalping (10 pip)

edit: i am going to bed (1:41 am)
Mohan
  • #197
  • Oct 13, 2011 7:44am Oct 13, 2011 7:44am
Trade#13 - Entered

Long for 260 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled157.jpg Size: 129 KB
The Thief of Wall Street
  • #198
  • Oct 13, 2011 8:00am Oct 13, 2011 8:00am
Quoting Chicky
Trade#12 - Concluded

TP got hit. 1%

so thats 2.3 percent for 12 trades.....well done chicky
  • #199
  • Oct 13, 2011 8:10am Oct 13, 2011 8:10am
Quoting shotunz
so thats 2.3 percent for 12 trades.....well done chicky
You are looking at it with right approach. Target is 20% gain or 20% losss. With a win:lose ratio of 60:40, should take 100 trades.
The Thief of Wall Street
  • #200
  • Oct 13, 2011 8:11am Oct 13, 2011 8:11am
Quoting Chicky
Trade#13 - Entered

Long for 260 pips
what did bias you in a long entry there?
i mean someone looking at the 4H chart would see a double top and price has about 100 pips before it drops into supply again (if it is there).
of course the D1 uptrend is still there so you think todays 100+pip drop is a retracement and good to enter.
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