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Pitbull Trader with Position Building

  • #881
  • Feb 16, 2012 5:22pm Feb 16, 2012 5:22pm
Quoting HistoryFX
In regard to multiple A-Samir indies on one chart, it's a pain!
Just use multiple reduced windows on your screen for now.

Enjoy.

HistoryFX.
hi
I want two scirpts.First buy EURUSD USDCHF GBPUSD AUDJPY EURJPY USDCAD second sell GBPCHF AUDUSD CHFJPY EURCHF USDJPY EURCAD

can you help me
  • #882
  • Feb 16, 2012 5:38pm Feb 16, 2012 5:38pm
hello everyone

I want two scirpts.First buy EURUSD USDCHF GBPUSD AUDJPY EURJPY USDCAD second sell GBPCHF AUDUSD CHFJPY EURCHF USDJPY EURCAD

who can help me ,thx http://www.forexfactory.com/images/buttons/edit.gif
  • #883
  • Feb 16, 2012 6:14pm Feb 16, 2012 6:14pm
Quoting flyingtiger
hello everyone

I want two scirpts.First buy EURUSD USDCHF GBPUSD AUDJPY EURJPY USDCAD second sell GBPCHF AUDUSD CHFJPY EURCHF USDJPY EURCAD

who can help me ,thx http://www.forexfactory.com/images/buttons/edit.gif
TRY THIS, THINK i GOT IT, DEMO AND SEE WHAT HAPPENS

Attached Image (click to enlarge)
Click to Enlarge Name: FT-SCRIPT.png Size: 344 KB
Attached File(s)
File Type: ex4 PitBull_Script_Flying_Tiger.ex4   3 KB | 334 downloads
File Type: mq4 PitBull_Script_Flying_Tiger.mq4   2 KB | 407 downloads
It takes a lot for me to IGNORE you, but you can try.
  • #884
  • Feb 16, 2012 7:16pm Feb 16, 2012 7:16pm
Quoting qwerty00
seems to be grossly overleveraging for triple swap days, and going double-down on the other side of losing trades. Correct me if I'm wrong, but this is why I talked poorly of this thread prior.
-- He leverages high during triple swap to take adventage of interest. If you can same pair hedge, doing this is not a dire practice, and you gain easy interest money.

-- It's not a "double down". Advise given in videos was to open aditional trades outside of established ranges, as one of the possible techniques. The simple strategy here is that a reversal is more likely at that point. Trades offcourse are opened at key reversal levels just like any good trading technique advises.

The problem is that people do not bother to fully go through all of the information, do the necessary work, but only scratch the surface. If you spend the time required to go through all of the information presented you can see that methods presented are sound trading techniques.

You would never seriously expect to make money with any approach without the required work involved would you ?.
  • #885
  • Feb 16, 2012 7:29pm Feb 16, 2012 7:29pm
Quoting azFin
Rather than just ban him for taking shots at this whole concept, how about someone clearly explain to him exaclty what it is you are doing to control DD? I would like to know the answer to that also.

Do you expect an exact, easy 1 2 3 explanation?

Think about it... Then perhaps lets just stream that into an EA and voila we have the holy grail dont we ?

The answer is simple, you need to apply all of your trading knowledge and sound trading principles. This thread is about listing many of them, its not about a holy grail system. In fact it's the furthest from any system you can get, its about sound trading principles coupled with position neutral market trading. That is the concept underneath the basket, to be position neutral, and by varying your bias you arrive at profit.

If you decide to use SL or not, that is simply apreference. You can do either or... makes no difference as long as you limit your risk.

No one trading should ever trade without predefining the risk, and managing that right? There are various ways to do that however not just only one.

The concepts that are presented, by brijon and chips, have been preseneted in a way that a novice could understand and try, for some, used to many many forex terms, this may not be the best approach. Those need terms that speak the stadardized forex jargon. Yet all that is said bu chips at the beginning can easilly be tarnslated, with just a little desire from the reader.

Eventually you are ultimatelly responsible for doing your own homework on all these subjects.
  • #886
  • Feb 16, 2012 10:43pm Feb 16, 2012 10:43pm


Still waiting for Brijon/Chips to show us how to have 100% profitable trades ?



Waiting......................
Master your Mind,,,Master the Market
  • #887
  • Feb 16, 2012 10:43pm Feb 16, 2012 10:43pm
Quoting esprit
-- He leverages high during triple swap to take adventage of interest. If you can same pair hedge, doing this is not a dire practice, and you gain easy interest money.

-- It's not a "double down". Advise given in videos was to open aditional trades outside of established ranges, as one of the possible techniques. The simple strategy here is that a reversal is more likely at that point. Trades offcourse are opened at key reversal levels just like any good trading technique advises.

The problem is that people do not bother...
I try to keep an open mind. I've been a profitable trader as a profession for years now, so a lot of little things become apparent after 100k hours of screentime.
I'm a bit confused by your post...your first assumption is wrong. The 2nd point you made disagreed with what I said...and then confirmed what I said? Ranges is completely irrelevant to hedging twice the size in the opposite direction.
Is there some other method to control DD that I am missing? Otherwise you are going overleveraged against losing positions, hoping they turn into winners.
  • #888
  • Feb 16, 2012 11:38pm Feb 16, 2012 11:38pm
Quoting qwerty00
I try to keep an open mind. I've been a profitable trader as a profession for years now, so a lot of little things become apparent after 100k hours of screentime.
I'm a bit confused by your post...your first assumption is wrong. The 2nd point you made disagreed with what I said...and then confirmed what I said? Ranges is completely irrelevant to hedging twice the size in the opposite direction.
Is there some other method to control DD that I am missing? Otherwise you are going overleveraged against losing positions, hoping they turn into winners....
Well, how / why is my first assumption wrong ? explain please

As to number 2, it is a matter of going wrong on the short trend within a larger trend, and rebalancing the trade with a larger position, not 2X but somewhat lesser once the trend has been re-established. A practical example: take NZD/JPY 1H, Primary trend is up, you enter long on on feb 10th at 1pm est, and move into DD. Wait until the trend has been reestablished, use Shi, Pitchforks, resistance or the square, either one will do. Enter Long 0.5x on Feb 12 at 19:00Est.

Since you have been trading for a long time, you will quickly see the effect of this. Now under normal trading with Stop loss you would be out of the first trade and now you would be still entering the second. You could offcourse say that you would never enter the trade in that place to begin with, but you know that this is not always so clear.

This is not so exciting yet now bring up nzd/usd into the mix, point being is that nzd/usd should offset the effects of nzd/jpy when correlated and allow you to make a clearer decision as to and when the direction changes.

With the demo basket of currencies this is not so easy since these are weighted to the usd/jpy heavy and also positions sizes are not accounted for, but if you use something more stable like the t101 14 pair, or even newer variations of the pairs, you can achieve a pretty neutral postion.

So where normally you would have a problem with increasing a position that is in DD, when you have a basket of currencies, the effects of a single currency are muted. When you are considering all these techniques that will fail with a single trade, consider these as a part of greater portfolio, and rexamine them in that context.
  • #889
  • Feb 17, 2012 12:32am Feb 17, 2012 12:32am
Pitbull shows that printing money is the forex is easy...
use the pitbull to print money in your account it is easy...

but controlling the DD...is 95%...practice..and thinking...

there is no holy grail...you hoy grail is controlling DD.

but practice the pitbull for 1 month...and you will see.

there is no 1-2-3...

I have said it over and over and over...ppl are still looking for something else other than practice...

practice is the key...use the base system...to paly the game of controlling DD....

There are other techniques...for more advance traders....or new ppl who want to learn...sound trading principle..but

practice..DD ...practice trading the market..using the pitbull...

then move to the next level...the world is yours if you want...\

if you want a 1-2-3 method ..this is not for you....

if you want a holy grail...this is not for you....if you want to control DD..then practice...for 1 month....at least...

Taking profit is easy....anyone can do it....but you will see that controlling dd is hard....

key is position size ...greed.. patience...then think profit...

I am not changing...I am saying the same thing and ,,most ppl dont eeven stop to think..and as why is the person saying the same thing..over and over.....
STOP and think...practice ..practice practice...
Think business...sales growth...increase equity...

if you have never run a business...then you would know...
  • #890
  • Feb 17, 2012 12:41am Feb 17, 2012 12:41am
what code has been stolen?



Nice to see nubs is back after his short ban from the SL thread.

I like his comic relief.

You guys take his attacks so personal. Just have fun with it.

or ignore him
  • #891
  • Feb 17, 2012 1:18am Feb 17, 2012 1:18am
Quoting tommbstone
what code has been stolen?



Nice to see nubs is back after his short ban from the SL thread.

I like his comic relief.

You guys take his attacks so personal. Just have fun with it.

or ignore him
i was curious to see the coding genius behind indicators that are misspelled.... twice. so i opened that samir BITBULL ABOSLKJFDKS shit fucking indicator and what do i find inside? decompiled mql code.

the last time i decompiled my own code to alter it etc was... hmm... never. the only reason to decompile mql is when you are not the owner and only have access to the ex4, as in, the writer did not want to release the actual code and instead only released the compiled indi/script/ea. so some fuck comes along, decompiles it, then has the stupidity to not even correctly rename the thing.

these guys are so, SO, stupid! but we all knew that anyway. it's fun to poke at the tards now and then to see them squirm, and they continue to amaze me by finding new ways to show how dumb they are.

i'm not "back". merely passing through.
Congratulations ScalaFX for coming out of the closet!
  • #892
  • Feb 17, 2012 2:58am Feb 17, 2012 2:58am
Quoting nubcake

i'm not "back". merely passing through.
Hey Einstein, frankly we don't give a flying f*** if you come back of not. Only your arrogance would assume we give shit.
You're just a massive YAWN.... zzzzZZZZZZZZ
  • #893
  • Feb 17, 2012 4:19am Feb 17, 2012 4:19am
Quoting bluesteele


Still waiting for Brijon/Chips to show us how to have 100% profitable trades ?



Waiting......................
Still waiting for you to us how to trade!

Maybe leave the lounge for a while and do some trading, or just do what you guys usually do which is to hammer succesful methods.

Hit and run, hammer thread, move off somewhere else, hammer that thread, come back, same again.... You guys really should think up another way to get the thread closed.
  • #894
  • Feb 17, 2012 4:28am Feb 17, 2012 4:28am
Quoting nubcake
i was curious to see the coding genius behind indicators that are misspelled.... twice. so i opened that samir BITBULL ABOSLKJFDKS shit fucking indicator and what do i find inside? decompiled mql code.

the last time i decompiled my own code to alter it etc was... hmm... never. the only reason to decompile mql is when you are not the owner and only have access to the ex4, as in, the writer did not want to release the actual code and instead only released the compiled indi/script/ea. so some fuck comes along, decompiles it, then has the stupidity...



You guys are losing the battle, what with khaleed or whatever he calls himself getting caught out on hopwoods site using different alias, everyone he knows the reason why you are here,.... After trading for the morning it has to be said you guys are entertaining whilst reading the crap that you write over a cup of coffee..
  • #895
  • Feb 17, 2012 5:03am Feb 17, 2012 5:03am
Quoting moodybot
Still waiting for you to us how to trade!

Maybe leave the lounge for a while and do some trading, or just do what you guys usually do which is to hammer succesful methods.

Hit and run, hammer thread, move off somewhere else, hammer that thread, come back, same again.... You guys really should think up another way to get the thread closed.

Moodybot
Your right they have failed.
And talking about Team Beagle... What’s really funny is, in the countryside Teams of Beagles are treated as dumb dogs who will run all day through mud and shit chasing a fox or whatever.
Just as they get close, and think they are going to eat it, the boss turn up, shoots the fox and the poor dumb Beagle gets sweet fa... apart from a pat on the head. Then he's taken back to his kennel. This cycle repeats itself until the dumb beagle gets old and useless and put down. About sums up a team of dumb Beagles. Enough said!

Back to business.
  • #896
  • Feb 17, 2012 5:05am Feb 17, 2012 5:05am
Quoting MPP
anything coded for use in MT4 is by rights the property of metatrader - read your user agreements.
oh well then color me stupid, obviously. with that reasoning the roads all belong to the government, therefore i have every right to steal your car (in parts or whole) just because you happen to be parked on it.

idiots. all of you.

.....

no one wants this thread shut down. that's your own claims. it's too entertaining to see you all stumble about in the dark over and over. everything you guys try to complicate and make as obscure as possible can all be reduced to simple concepts. maybe some day some of you will get a clue and figure it out. until then, you keep producing the laughs for the rest of us. especially seeing brijon's name pop up every so often. poor old fool.
Congratulations ScalaFX for coming out of the closet!
  • #897
  • Feb 17, 2012 5:29am Feb 17, 2012 5:29am
Quoting nubcake
oh well then color me stupid, obviously. with that reasoning the roads all belong to the government, therefore i have every right to steal your car (in parts or whole) just because you happen to be parked on it.

idiots. all of you.

.....

no one wants this thread shut down. that's your own claims. it's too entertaining to see you all stumble about in the dark over and over. everything you guys try to complicate and make as obscure as possible can all be reduced to simple concepts. maybe some day some of you will get a clue and figure...

Poor old fool..., quiet a statement coming from one who offers less than nothing., I'm not stumbling about in the dark either, and as you say, it's a simple concept so why the negativity.
  • #898
  • Feb 17, 2012 5:56am Feb 17, 2012 5:56am
Quoting moodybot
Poor old fool..., quiet a statement coming from one who offers less than nothing., I'm not stumbling about in the dark either, and as you say, it's a simple concept so why the negativity.
yes it's a simple concept. simpler than you probably know. if you knew, then you wouldn't even entertain the bullshit nonsense printed in this thread on how to go about things. security through obscurity.... make it so that they can't understand it so that they can never attack it. well, sorry, but i understand it. and i do attack it for the inferior piece of nonsense it is. and i'll enjoy the retorts by the geniuses here.

oh woe is me. i produce nothing.......... lol.... FOR YOU. stop looking for handouts. that's not how life works.

i've produced more for myself than any of you could ever appreciate. hollow words, but i know the gravity of my work and can sit here and truly laugh at the muppets in this thread who think they know how to trade. the fools in this thread aren't even enrolled in trading kindergarten. more like they are scrounging around in the bin in the diaper change room looking for handouts and nuggets of gold.

keep up the good work everyone. loss profit loss. genius.
Congratulations ScalaFX for coming out of the closet!
  • #899
  • Feb 17, 2012 7:17am Feb 17, 2012 7:17am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting nubcake
oh well then color me stupid, obviously. with that reasoning the roads all belong to the government, therefore i have every right to steal your car (in parts or whole) just because you happen to be parked on it.

idiots. all of you.

.....

no one wants this thread shut down. that's your own claims. it's too entertaining to see you all stumble about in the dark over and over. everything you guys try to complicate and make as obscure as possible can all be reduced to simple concepts. maybe some day some of you will get a clue and figure it out....
which colour would you like - stupid seems to come in many options

the government neither developed the car nor do they provide a place for you to build your own. do you think before you post or just react, can't imagine how good your trading must be.

some good people have vouched for you - you do them justice

if you are such a good trader then you would wait it out and then explain why it went wrong, but i think deep down you know that basket trading is beyond you.

happy trading
  • #900
  • Feb 17, 2012 8:03am Feb 17, 2012 8:03am
Quoting nubcake
yes it's a simple concept. simpler than you probably know. if you knew, then you wouldn't even entertain the bullshit nonsense printed in this thread on how to go about things. security through obscurity.... make it so that they can't understand it so that they can never attack it. well, sorry, but i understand it. and i do attack it for the inferior piece of nonsense it is. and i'll enjoy the retorts by the geniuses here.

oh woe is me. i produce nothing.......... lol.... FOR YOU. stop looking for handouts. that's not how life works.

i've...
The only thing you have ever produced is what the pigs roll around in..
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