EURUSD | Page 28360 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #567,181
  • Nov 29, 2011 6:46am Nov 29, 2011 6:46am
Quoting cloggie
I showed one here a few weeks back with 190 winners in a row covering 3 weeks of trading, that's not what trading is about though and isn't really that hard to do, trading is about being consistent over time.

The point of the exercise for me is finding 150 pips a day without or with little risk, without overtrading and with consistent returns. If you look at he the per average return per trade it is around 1.5%, which is what I am aiming for, however there are too many outliers for my liking still. I am also not happy with the 80 pip a day, that...

Whats up dude..... consistency.....very tru.....Id say hope your trades are green, but I already know they are.....
  • #567,182
  • Nov 29, 2011 6:49am Nov 29, 2011 6:49am
To be honest I don't think anyone could easy run a 50 losing trade in a row either. 190 trades is just awesome!

I really want to thank you for keeping me motivated in this tiring trade

Quoting cloggie
I showed one here a few weeks back with 190 winners in a row covering 3 weeks of trading, that's not what trading is about though and isn't really that hard to do, trading is about being consistent over time.

The point of the exercise for me is finding 150 pips a day without or with little risk, without overtrading and with consistent returns. If you look at he the per average return per trade it is around 1.5%, which is what I am aiming for, however there are too many outliers for my liking still.
  • #567,183
  • Nov 29, 2011 6:53am Nov 29, 2011 6:53am
Quoting 3in1coffee
To be honest I don't think anyone could easy run a 50 losing trade in a row either. 190 trades is just awesome!

I really want to thank you for keeping me motivated in this tiring trade
I still see that test as a failure, albeit one that has potential. Finding a consistent scalping strategy for EU is something I have been working on all year during the down times, I want something that compliments my other trading styles, however it has to be consistent and with a very flat yield curve. I hate outliers in strategies, they are the unknowns and are the ones that need the most work. At least on this test there was no bell curve in the returns, so I am getting to my goal of an absolute constant reward per trade with little deviation from my 1.5%

A good scalper can easily have runs of a couple of hundred winners in a row, that is not the hard part, being consistent is.

In trading you have to be tough on yourself and constantly strive for perfection. Only the very best last in this business.
  • #567,184
  • Nov 29, 2011 6:56am Nov 29, 2011 6:56am
not really hard to be honest; takes a lot of practice and really a LOT of discipline to take on the trades "when you're supposed to"; rather than gambling on a whim like some do. (FX BABE, those Mac Donald slots might still be open if you're reading this - so there's hope for you still )

I don't think I've had 190 trades in a row all winners, but it's definitely up there.

I've only been on today for a few hours and I'm 32 trades in a row all winners, mostly scalps.

Quoting 3in1coffee
50 trades and no losing trades

lol I think I can only do that in my dreams at the moment
  • #567,185
  • Nov 29, 2011 6:56am Nov 29, 2011 6:56am
Quoting cloggie
A good scalping strategy focusing on just EU should consistently bring in 100 pips a day without overtrading and only sticking to the London session and NY overlap.
Is there anything wrong with the with NY session after London close, or it's just that you don't want to be looking at charts all day?
  • #567,186
  • Nov 29, 2011 6:57am Nov 29, 2011 6:57am
Quoting cloggie
I showed one here a few weeks back with 190 winners in a row covering 3 weeks of trading, that's not what trading is about though and isn't really that hard to do, trading is about being consistent over time.

The point of the exercise for me is finding 150 pips a day without or with little risk, without overtrading and with consistent returns. If you look at he the per average return per trade it is around 1.5%, which is what I am aiming for, however there are too many outliers for my liking still. I am also not happy with the 80 pip a day, that...
Wow 190 in a row..thats 99% winners..I never met someone that could win 99% of the time..and you want to improve on that!
entry - 1.29250 s/l 200 pips
  • #567,187
  • Nov 29, 2011 6:58am Nov 29, 2011 6:58am
Quoting BrusLi
Is there anything wrong with the with NY session after London close, or it's just that you don't want to be looking at charts all day?

London is the centre of the trading world, I do trade a bit of crossover, just not a lot.
  • #567,188
  • Nov 29, 2011 6:59am Nov 29, 2011 6:59am
nah mate, its not... a friend of mine gave it to me the other day, its from the "forexmastermethod" program.

Karl Dittman is not his real name, all of his stuff is shit anyway... I don't deal with people who hide behind a different name; says it all what they are really like and what they're trying to hide...

he's nothing but an affiliate marketer, thats all

Quoting Cypher
that indi probably from forexfactory, Karl Dittman the guy who has named that indi, takes free indi's then adds some fancy colours to them, then sells them, search bbands stop as that the indi's original name

british embassy broken into in tehran by students
  • #567,189
  • Nov 29, 2011 7:00am Nov 29, 2011 7:00am
Quoting normfx
Wow 190 in a row..thats 99% winners..I never met someone that could win 99% of the time..and you want to improve on that!

During the testing cycle my aim is 500 winners in a row per account and replicate that at least 3 times before I go live, then I would want to replicate that again twice on a small live account before I add the strategy to my main account and even then I will only risk a small percentage of the main account for a further 6 months.

For me it takes 2-3 years to finetune a strategy before it is added to the main account. And then it is only used on the 1 currency pair that it has been tested on, while I trade it live I will test it on a smaller scale on others if I so choose, or I wll focus on the next strategy that I think has potential.
  • #567,190
  • Nov 29, 2011 7:01am Nov 29, 2011 7:01am
any comment..please
Attached File(s)
File Type: txt fx statement.txt   < 1 KB | 413 downloads
  • #567,191
  • Nov 29, 2011 7:04am Nov 29, 2011 7:04am
Quoting SystemFX2011
no worries, but you'll kick yourself for not trying it

demo it for like 1-2hours via 1min and 5 min TF.... killer
That indi is 2 or 3 bars late on entries.
  • #567,192
  • Nov 29, 2011 7:05am Nov 29, 2011 7:05am
Quoting pkimnyc
That indi is 2 or 3 bars late on entries.

Thanks for saving me the hassle. I can keep focusing on what I do instead. (lots of poking that is...)
  • #567,193
  • Nov 29, 2011 7:06am Nov 29, 2011 7:06am
i wonder if we'll break the tunnel this time??
or retrace and then break??
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.jpg Size: 450 KB
  • #567,194
  • Nov 29, 2011 7:07am Nov 29, 2011 7:07am
nah, its not mate, 1min and 5 min TF.. it gives the signal when the candle closes above the blue line (buy) / below the red line (short)

I'm mainly using it on 1min.. its just given a signal for e/j at 103.812 LONG...

in and out for 2-10 pips at 5 to 20 lots...
I'm up a little over 12k today from it

Quoting pkimnyc
That indi is 2 or 3 bars late on entries.
  • #567,195
  • Nov 29, 2011 7:08am Nov 29, 2011 7:08am
Quoting cloggie
During the testing cycle my aim is 500 winners in a row per account and replicate that at least 3 times before I go live, then I would want to replicate that again twice on a small live account before I add the strategy to my main account and even then I will only risk a small percentage of the main account for a further 6 months.

For me it takes 2-3 years to finetune a strategy before it is added to the main account. And then it is only used on the 1 currency pair that it has been tested on, while I trade it live I will test it on a smaller scale...
Wouldn't your ability be worth millions to a hedge fund?
entry - 1.29250 s/l 200 pips
  • #567,196
  • Nov 29, 2011 7:08am Nov 29, 2011 7:08am
I can understand what you meant but it seems almost impossible to have a very flat yield curve, especially when there're plenty of breaking news on a daily basis.

But you reminded me about a lucky trade I made previously. I remember about 4 months ago on US NFP I had risked 1% minutes before the news and netted 9% in less than an hour. I became greedy and constantly wanted to repeat that feat. But turn out to be a once-in-a-blue-moon lucky strike. Coincidentally it turn out to be a H&S pattern on my performance chart

I hope to be as consistent as you guys are and I know I can eventually

Quoting cloggie
I still see that test as a failure, albeit one that has potential. Finding a consistent scalping strategy for EU is something I have been working on all year during the down times, I want something that compliments my other trading styles, however it has to be consistent and with a very flat yield curve. I hate outliers in strategies, they are the unknowns and are the ones that need the most work. At least on this test there was no bell curve in the returns, so I am getting to my goal of an absolute constant reward per trade with little deviation...
  • #567,197
  • Nov 29, 2011 7:08am Nov 29, 2011 7:08am
5 pips up ($280 plus some change)

Quoting SystemFX2011

its just given a signal for e/j at 103.812 LONG...
  • #567,198
  • Nov 29, 2011 7:11am Nov 29, 2011 7:11am
Quoting normfx
Wouldn't your ability be worth millions to a hedge fund?

And deal with all the crap again that that entails, no thank you, I left the City for a reason, hated the BS as of late, you spend more time dealing with clients/regulators/risk muppets/freakin analysts/cr@p traders/HR/PB's/Administrators/FoF's then you do trading.

Been there done that. I got no stress now, don't owe anyone anything, do what I want when I want and where I want.
  • #567,199
  • Nov 29, 2011 7:12am Nov 29, 2011 7:12am
I'm off to get some more shut eye... back in a few hours...

Take care everyone, may the pips be with you

Do good stuff

Steve
  • #567,200
  • Nov 29, 2011 7:15am Nov 29, 2011 7:15am
Enjoy the rest of the day y'all, got things to do.


l8r
351 traders viewing now, 1 is registered:
Jewel1996