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Pit bull trading strategy by brijon

  • #201
  • Nov 13, 2011 2:31pm Nov 13, 2011 2:31pm
one question why does the ff doesnt block this poor nut case

he needs real help but the place isnt here

only in a hospital

from brian
lillelise needs fast mental help but hes the leader of the pack of thread destroyers

or is he beeing paid for this by the bks
  • #202
  • Nov 13, 2011 3:00pm Nov 13, 2011 3:00pm
Hey brijon I heard the next level from the skype room is a trade copier service zulutrade.tradency,etc...

brijon I implore you to think over this option as then you will be truly giving back as we will sorta be standing right over your shoulder,so to speak
  • #203
  • Nov 13, 2011 3:05pm Nov 13, 2011 3:05pm
Quoting MurphyMan
I know there are all sorts of Basket EAs out there. Can any of you recommend a simple one to facilitate manual Pit Bull trading? Just the basket for demo. I would like to try circumventing DD by making the "slight larger", e.g. .04 lots, trades on a separate account. Might be barking up a wrong tree, but I'd like to try.

I would want to be able to input the pairs to trade. Then on click command have it either open the basket or close the basket.

Nothing more. Nothing fancy.

Thanks.

Murph
look for tarrini made from steven hopwood, that will do the job
  • #204
  • Edited 3:19pm Nov 13, 2011 3:17pm | Edited 3:19pm
Brijon, many people can seem like "nutcases", but upon getting to know them we discover that they have faced some crisis, or had some physical problem happen to them, etc. and once we understand their background we see them in a different light.

I'm not discounting your assessment, only saying that that many of us could be viewed as a nutcase until they discover some difficult thing we have gone through, or some physical problem we have had, and then they might understand why we are the way we are. Grace is always appropriate.

Quoting brijon
one question why does the ff doesnt block this poor nut case

he needs real help but the place isnt here

only in a hospital

from brian
lillelise needs fast mental help but hes the leader of the pack of thread destroyers

or is he beeing paid for this by the bks
  • #205
  • Nov 13, 2011 3:20pm Nov 13, 2011 3:20pm
Quoting fadi66
Hi there :

can anyone please feedback regarding this form and this method if it really works and not just waste of time ?

am asking also if there is anyone that use it in live account and how long is the method works for him and results also ?!

Thanks ,
no offence but thats very lazy, markets are open now with some brokers get a demo acc and give it a try, experience is the best lesson in life! no short cuts
  • #206
  • Nov 13, 2011 3:23pm Nov 13, 2011 3:23pm
Quoting Dreamliner
This is exactly why I asked earlier if the "Indicator Trades" were on demo or live account, and never really got an answer.
However he did answer, three posts later (post 102 (http://www.forexfactory.com/showthread.php?p=5127084#post5127084)):

Quote
first/ i use 2 one demo for all
the second live acount taking signal if they are good from demo
  • #207
  • Nov 13, 2011 3:27pm Nov 13, 2011 3:27pm
Quoting doblece
However he did answer, three posts later (post 102 (http://www.forexfactory.com/showthread.php?p=5127084#post5127084)):
aLTHOUGH he writes this if u watch the videos where he has a clearer way of understanding everything is in one account! and he makes sure of this.
  • #208
  • Nov 13, 2011 3:29pm Nov 13, 2011 3:29pm
Brian et al,

Everything is going great lately on this thread!! I think I am getting it as well.

In the last video, the basket shown had transformed from the original set to:

4 AudUsd Sells---------- Multiples and changed Buy to Sell
2 ChfJpy Sells-----------Multiple of original
1 GbpUsd Buy-----------No Change
1 UsdCad Sell------------Converted to Sell
1 GbpChf Sell------------Converted to Sell

This represents what I believe Brian called Trend Bias. SoOOO - if someone can chime in and discuss how an orignal basket of trades could get into this state while maintaining a certain level of hedging would be appreciated.

I thought the original basket was suppose to be our indicator to show Pair Strength, and we were suppose to maintain its integrity - trade by trade.

Regards, KingHigh
  • #209
  • Nov 13, 2011 3:29pm Nov 13, 2011 3:29pm
Do you mean this answer?

"first/ i use 2 one demo for all
the second live acount taking signal if they are good from demo"

If so, I simply could not understand the answer. I'm slow.

Quoting doblece
However he did answer, three posts later (post 102 (http://www.forexfactory.com/showthread.php?p=5127084#post5127084)):
  • #210
  • Nov 13, 2011 3:34pm Nov 13, 2011 3:34pm
Quoting fadi66
Hi there :

can anyone please feedback regarding this form and this method if it really works and not just waste of time ?

am asking also if there is anyone that use it in live account and how long is the method works for him and results also ?!

Thanks ,
Iv not used this one live yet demoed yes and its making money and i will be testing again this week london and usa sessions.

But I can vouch for Brians method here is one iv personaly been working with and on for a year http://www.myfxbook.com/members/Russell/3-bar-ea-auto-some/189706

This does work live and i do use it as one of my strategies in my portfolio

Russ
  • #211
  • Nov 13, 2011 3:35pm Nov 13, 2011 3:35pm
Justta thought:

Does it make any sense to look at the weakest pair at the top of the basket list and Sell the top one if it is a a Buy pair or Buy the top one if it is a Sell pair.

This is an idea that would be in the area of managing trend bias for the pairs.

Be gentle if this is just a bad idea or would take us off of course for this thread.

Regards,

KingHigh
  • #212
  • Nov 13, 2011 3:44pm Nov 13, 2011 3:44pm
ive agreEd on your explanation

up till last 2 paragrahs , need dicussion direct with you but ive posted new on page one is corect to that point

MY PERSONAL BELIEF IS THE ECONOMIC CIRCUMSTANCE UNFOLDING, I ADVISE ONLY TRADE DEMO.

as we understand the implications of the latest news
eg

market will have extreme volatility that we can agree on i think

the market manipulaters are scooping up the last crumbs

i wont advise or talk on live trading except to say ive used demo as a signal . and live to trade the demos signal in the past succesfuly

but the time now in my opinion i should not encourage anyone to trade live.im not


BUT i could be wrong i often am


SO WHAT I PUT ON THE FRONT PAGE IS YOUR GREAT WORK BUT NOT THE LAST 2 PARAGRAHS

trading the forex involves risk 95% of traders loose money trading the forex never put at risk more than you are prepared to loose

invest only in yourself there are two many finacial advisers money management advises out there today

only trust yourself

you dont need to pay to learn the forex there is so much free great information you have access to

dont trust any body to manage yor money or give finace advise except for free

ALREADY ON THE FF SOME YEAR AGO IN THE COMERCIAL SECTION
A FRIEND OF MINE AND MANY OTHERS LOST 100000 DOLLARS ON THIS SO CALLED EXPERT

today people come on threads asking questions re the systems look behind there facade and you will see the truth eg finacal adviser money manager ect

SO IN THESE TIMES OF ECONOMIC DIFFICULTYS FACING US

CASH IS KING TRUST FIRST YOURSELF TO YOUR OWNSELF BE TRUE

GOD BLESS YOU FROM BRIAN

great work DREAMLINER you are a star thank you
  • #213
  • Nov 13, 2011 3:50pm Nov 13, 2011 3:50pm
I've never posted on this forum but this strategy has me intrigued to say the least. I'm going to try demoing it this week and see how it goes. So thank you everyone for your hard work and helping me understand how this system works.

I've added 2 attachments they are modified Trader101 hedging scripts. They will open all your hedge pairs according to Brians hedge pairs on the first page.

Quote
Buys:
AUD/USD
NZD/USD
EUR/GBP
EUR/USD
GBP/USD
Sells:
USD/JPY
NZD/JPY
EUR/JPY
GBP/JPY
AUD/JPY
These files go into your metatrader experts/scripts folder

(ex: C:/program files (x86)/metatrader/experts/scripts)

NOTE!!! DO NOT PUT THESE IN EXPERTS FOLDER AND RUN AS AN EA IT WILL OPEN UP TONS OF ORDERS AND BLOW YOUR ACCOUNT!!!

MAKE SURE THEY ARE IN EXPERTS/SCRIPTS FOLDER!!!

Attach the script to one chart by opening Metatrader in the navigator window (if your navigator window is not open click on the folder icon that has a star on it in the top left corner.)

Scripts will usually be the last drop down in the navigator window click on it and find the script Pit Bull Traders Hedge Script and drag it onto a chart.

it should open all 10 pairs for you and your done.

ive attached two copies one has lot size of 0.10 indicated by 010 at the end of the name and another for 0.01 lot size indicated by 001

Enjoy!
Attached File(s)
File Type: mq4 Pit Bull Trader Hedge Script 001.mq4   2 KB | 505 downloads
File Type: mq4 Pit Bull Trader Hedge Script 010.mq4   2 KB | 414 downloads
  • #214
  • Nov 13, 2011 4:00pm Nov 13, 2011 4:00pm
IVE NEVER USED ONE THAT WAS GOOD

IN 7 YEARS I CONTINUE TESTING BUT IM UNLUCKY
IHAVNT FOUND ONE YET THAT MAKES MONEY OVER TIME

in priciple they will wORk if the input info is correct to the system

in reality there is no free lunches today the eas are the bks cash cow

ITS MY OPINION

EVEN A SIMPLE SYSTEM OF PRINT MONEY WITH A GREAT MONEY MANEGMENT OF DRAW
DOWN LOOSES MONEY OVER TIME

ITS MY OPINION PROVE ME WRONG ID LOVE TO BE WRONG

IM LAZY TOO

BUT IM JUST A PITBUL TRADER DUMMIE

FROM BRIAN
  • #215
  • Nov 13, 2011 4:04pm Nov 13, 2011 4:04pm
Thanks Brijon!

Quoting brijon
ive agreEd on your explanation

up till last 2 paragrahs , need dicussion direct with you but ive posted new on page one is corect to that point

MY PERSONAL BELIEF IS THE ECONOMIC CIRCUMSTANCE UNFOLDING, I ADVISE ONLY TRADE DEMO.

as we understand the implications of the latest news
eg

market will have extreme volatility that we can agree on i think

the market manipulaters are scooping up the last crumbs

i wont advise or talk on live trading except to say ive used demo as a signal . and live to trade the demos signal in...
  • #216
  • Nov 13, 2011 4:41pm Nov 13, 2011 4:41pm
thanks Brijon for sharing your knowledge and thanks Dreamliner and everyone else who have taken the time to explain the system.

I have 2 questions: Firstly, I take it various baskets could be used, so are people sticking to the original one mentioned by Brijon or using the latest one from his latest video that Kinghigh brought our attention to a few posts back?

Secondly, I want to confirm whether I have the method correct: after sorting by profit, we close out the most profitable pair then trade it again this time with 0.4 lots. Then wait for it to be in a comfortable profit then close it out and re-enter the trade with the original 0.1? then close this out and keep repeating,, ie buy 01. close, buy 0.4 close, buy 0.1.........

if this is correct, what does"comfortable profit" mean? 10, 20 50 pips? How many trades is it realistic to make during London/New York with this method? Is 10% return a day easily achievable, in normal trading conditions?

thanks again

Trumpcard


just read post 1 which has a nice explanation, except I'm still unsure of what a comfortable profit means.
  • #217
  • Nov 13, 2011 4:53pm Nov 13, 2011 4:53pm
Quoting russ1978
Iv not used this one live yet demoed yes and its making money and i will be testing again this week london and usa sessions.

But I can vouch for Brians method here is one iv personaly been working with and on for a year http://www.myfxbook.com/members/Russell/3-bar-ea-auto-some/189706

This does work live and i do use it as one of my strategies in my portfolio

Russ
Nice result russ. Is this from Pitbull strategy or another one of Brian ?

Cheers
Garfield
Trading is SIMPLE not EASY.
  • #218
  • Nov 13, 2011 5:11pm Nov 13, 2011 5:11pm
Quoting Trumpcard
if this is correct, what does"comfortable profit" mean? 10, 20 50 pips? How many trades is it realistic to make during London/New York with this method? Is 10% return a day easily achievable, in normal trading conditions?

thanks again

Trumpcard
Maybe this is an example of comfortable trades. Post #3

http://www.forexfactory.com/showthread.php?p=5115148#post5115148
  • #219
  • Edited 5:38pm Nov 13, 2011 5:25pm | Edited 5:38pm
I was wondering, like Dreamliner, if we should have an account just for the 10 pairs, as an indicator and another for taking trades. Or, we could have it on just one account.

I was needlessly fretting about this. Hey, we are just learning here, not playing with real dough.

I am going to KISS. Monitoring one account is challenging enough, without switching back and forth between two of them.

I am going to just keep it all on one account JUST TO SEE WHAT HAPPENS! That's how we learn, right? If I get poor results there, I'll try to figure out why.

For that matter, I think I'll use .01 & .10 lots, like Brijon did in post #3, just to exaggerate the effects. What do we have to lose?

Murph
  • #220
  • Nov 13, 2011 5:41pm Nov 13, 2011 5:41pm
im up loading a big video for later today

showng opening today a few trades to to balace trend bias take trades
and restart again 10 square one

its intersting how fast the swap interest rates are changing it was a shock even for me a short on euraud was 9% today -2% the bks are reacing fast tp the world eco climate

so it threw me a bit i quicly started taling euraud profit of the balancing
made nice small profit on those trades

the video will show in my crazy method balacing the bias
the reaction to changing trend

its a big video im uploading but ill be out for the next few hours


the ff leaves on the freak the thread destroer must be emploed by the crims NO ONE CAN BE THAT CRAZY OR CAN THEY


god blees from BRIAN
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