Pitbull Trader with Position Building | Page 49 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA open position on demo, but not open position on real account. Any Comment 7 replies

Close Losing Position, Set Trailing Stop to Winning Position 2 replies

Extreme long term Hedged Carry Trade Position Building journal 15 replies

What is "Building a Position" 4 replies

Long position or short position 6 replies

Attachments: Pitbull Trader with Position Building
Exit Attachments

Pitbull Trader with Position Building

  • #961
  • Feb 21, 2012 7:20pm Feb 21, 2012 7:20pm
Quoting yonnie
sadly you`re all wasting your time with these "funny" guys.

they`re not out to learn anything - that sounds like work!

they`re only here to have a bit of "fun", so the more somebody engages with them, the better they like it.

------------ignore or ban-----------

Actually not all of these "guys" are only spaming. I had a reply before from qwrt00, and I have read some of his posts. He is not an idiot, and he has made many good points on many other posts. I also dont think his problem was a "no-stop trading method", so I dont mind engaging anyone in a logical conversation.
  • #962
  • Feb 22, 2012 3:40am Feb 22, 2012 3:40am
Quoting lillelise
LOL here you got the opertunity to prove the doubters that they are completly wrong.....

and then you denie the chance to use it.......

That came as a big surprise ( not )


case closed....

Ok.

So, first pic shows the 14 basket after opening last night,DD as expected around -$7.00

Second, third and fourth pic this morning shows DD reducing.

Fifth pic shows the basket moving into profit, how far it will move, who knows but eventually it will cycle back into loss.

So we have just demonstrated Loss, Profit, Loss and if left open, this cycle will continue.

CASE CLOSED



Next Pic, Bosuns.

A previous attempt by bluesteele

Quote:
Originally Posted by moodybot http://www.forexfactory.com/images/buttons/viewpost.gif
Lol, I missed this one.... Price almost always returns back to the weeks open....

Think about it......, umm, yep I have.

Have you??

Wouldnt we be at the same price that forex opened., well,well lilliese, what could you do armed with that information....



Moodybot with statements like that your making a fool of yourself.
You don't even understand what lillelise is saying...
I waited on this one, I really couldn't be arsed but he is a pic of the EU 4 hour, it doesnt really matter which pair, Bluesteele i understand fully what illiesse was saying, PRICE NEARLY ALMOST returns to bosuns line WHICH IS THE PURPLE LINE, well I dont take trades at bosuns then hope it returns if it goes against me, what I do know is that at some point during the week, I have a pretty good idea where I can get out if I have to, and NEARLY RETURNING to bosuns is good enough for me.


I have included the AU as well.

More pairs if you want.

AS FOR TEACHING YOU HOW TO TRADE THE PITBULL WAY, F":k chance of that.

CASE CLOSED BACK TO THE KENNEL BEAGLES.









http://www.forexfactory.com/images/buttons/quote.gif

Attached Image(s) (click to enlarge)
Click to Enlarge Name: pitbull trial 14 pairs 1.gif Size: 65 KB
Click to Enlarge Name: pitbull trial 14 pairs 2.gif Size: 55 KB
Click to Enlarge Name: pitbull trial 14 pairs 3.gif Size: 55 KB
Click to Enlarge Name: pitbull trial 14 pairs 4.gif Size: 55 KB
Click to Enlarge Name: pitbull trial 14 pairs 5.gif Size: 56 KB
Click to Enlarge Name: bosuns line eu.gif Size: 77 KB
Click to Enlarge Name: bosuns line au 4 hr.gif Size: 81 KB
  • #963
  • Feb 22, 2012 4:34am Feb 22, 2012 4:34am
Quoting moodybot

So, first pic shows the 14 basket
There's nothing wrong with trading a basket of currencies but if you're going to do it then at least try to do it right rather than all this nonsense! Do some research, learn, then try again.
  • #964
  • Feb 22, 2012 4:48am Feb 22, 2012 4:48am
Quoting bluesteele
Moodybot with statements like that your making a fool of yourself.
You don't even understand what lillelise is saying...
Bravo, nice work Moodybot.
Well and truly sorted.
  • #965
  • Feb 22, 2012 4:59am Feb 22, 2012 4:59am
Quoting pipmutt
Do some research, learn, then try again.
trading on a demo and watching what happens, which is precisely the advice that these guys have been giving for months !

perhaps you have difficulty with reading, or comprehension ?
  • #966
  • Edited 5:26am Feb 22, 2012 5:03am | Edited 5:26am
Quoting pipmutt
There's nothing wrong with trading a basket of currencies but if you're going to do it then at least try to do it right rather than all this nonsense! Do some research, learn, then try again.
why don't you teach us how it should be done right then?
Bulls are stupid Animals!especially when Im short!
  • #967
  • Feb 22, 2012 6:09am Feb 22, 2012 6:09am
Quoting pipmutt
There's nothing wrong with trading a basket of currencies but if you're going to do it then at least try to do it right rather than all this nonsense! Do some research, learn, then try again.
I was asked to demonstrate loss profit loss, this was the easiest and quickest way, that is what I have done.

I said in the post that I do not trade the basket with the pitbull, I pulled up a script, plonked it on a chart and showed loss profit loss., what else are you are looking for?

I had a private message from someone asking that I give you some slack, so I will, but if you are going to make comments like that, then do me a favour a read the previous posts first.

And as for trading a basket of currencies the right way, you can start another thread because for sure you will be opening up a can of worms there and the very best of luck.

M
  • #968
  • Feb 22, 2012 7:18am Feb 22, 2012 7:18am
I don't trade a "basket" of pairs. Its never been posted that we trade a basket. We use a basket as in indicator.

I also use Samir and I find these two items alone can lead to profitable trading. there is a big clue there if you try it.

With Samir I look for top and bottom pairs +50 -50 as there is the momentum.
+90 is strong.. this is my opinion and I find it helps a lot when entering a trade. Pretty simple really.

Is it the holy grail.. nope...

Today is a sideways market. However i am currently +1% with GBPUSD and EURGBP being the leaders.

Cheers and nice work again Moodybot.
  • #969
  • Edited 9:59am Feb 22, 2012 9:28am | Edited 9:59am
Quoting courtneywild
I don't trade a "basket" of pairs. Its never been posted that we trade a basket. We use a basket as in indicator.

I also use Samir and I find these two items alone can lead to profitable trading. there is a big clue there if you try it.

With Samir I look for top and bottom pairs +50 -50 as there is the momentum.
+90 is strong.. this is my opinion and I find it helps a lot when entering a trade. Pretty simple really.

Is it the holy grail.. nope...

Today is a sideways market. However i am currently +1% with GBPUSD and EURGBP being the...
thanks guys for taking the time answer those who just don't want to die trying
  • #970
  • Feb 22, 2012 9:52am Feb 22, 2012 9:52am
If you have been DEMOing you would understand the flow of the market LOSS PROFIT LOSS.or SWINGS...create this cycle.

This builds confidence...when taking profit...its easy...because of the cycle..dont be greed folks....

ANTHER DD Control Technique--I have posted this before...

There are other DD control Techniques that uses charts...and limit orders of HH and LL on the 4 H Time frame...

With this technique you need practice and experience from the basics taking profit and trading the bottom pair..and dont be greedy.

Using Boson Lines..with the Trend BUY LL and SELL HH you can use any means to identify your HH or LL...These are common reversal points..on the charts...prices tend to retrace at these levels...

Sometimes the trend can be so strong is blows through,,but because you already know how to control those looses..one should not panick..

Using this technique you dont have to worry about sitting at the computer
because you are buying/selling at a rally good price. once triggered..

I cannot tell you exactly where to place the limit order on the HH or LL..
but offeset at fews pips ...

Cheers

Happy trading..
  • #971
  • Feb 22, 2012 9:59am Feb 22, 2012 9:59am
GUYS IT'S NOT 100%....there is no Holy grail...

But with patience and going LONG on the AUD/USD Run up to Tripple swap can be rewarding...

Holding on gives you Interest in you account...

Dont risk more that you are willing to loose in the FOREX

Another DD control Technique....

I keep repeating...repeating ....and all the time someone ask ..well

how do we control DD....?

happy trading
  • #972
  • Feb 22, 2012 10:29am Feb 22, 2012 10:29am
Quoting chips
GUYS IT'S NOT 100%....there is no Holy grail...

But with patience and going LONG on the AUD/USD Run up to Tripple swap can be rewarding...

Holding on gives you Interest in you account...

Dont risk more that you are willing to loose in the FOREX

Another DD control Technique....

I keep repeating...repeating ....and all the time someone ask ..well

how do we control DD....?

happy trading
Thank you Chips...

Clear and to the point.

Chips would you mind posting the Bosun line indi please.
Ive looked in BJ previous thread but for some reason I can't find it.
Thank you.

Ended the day at +2.44% and my indi basket is just $39 in DD so a very pleasing result given a pretty sideways day.
I found them momentum was was with GBPUSD EURGBP plus a little from GBPJPY.

Thanks again and I have pulled all your posts together and am going to create a condensed version for myself to study.
  • #973
  • Feb 22, 2012 10:38am Feb 22, 2012 10:38am
Quoting courtneywild
Thank you Chips...

Clear and to the point.

Chips would you mind posting the Bosun line indi please.
Ive looked in BJ previous thread but for some reason I can't find it.
Thank you.

Ended the day at +2.44% and my indi basket is just $39 in DD so a very pleasing result given a pretty sideways day.
I found them momentum was was with GBPUSD EURGBP plus a little from GBPJPY.

Thanks again and I have pulled all your posts together and am going to create a condensed version for myself to study.

Bosuns weekly.
Attached File(s)
File Type: mq4 Bosun_Weekly_Open.mq4   6 KB | 485 downloads
  • #974
  • Feb 22, 2012 10:40am Feb 22, 2012 10:40am
Quoting moodybot
Bosuns weekly.
Appreciate that Moodybot thanks.
  • #975
  • Feb 22, 2012 10:47am Feb 22, 2012 10:47am
Moodybot..

Once again you have just proved,that you have no clue at all......

you just fool your self..with your loss.profit.loss cycle..
any basket/hedge that is not calculated will sooner or later go into big loss or profit...

you guys are still talking pure nonsens..

but let me try to give a short resume of the method/system.

1 : enter trades according to the indicator/basket, and hope it will go into profit.

2: if a trade goes in loss..enter oposite way with a much bigger lot,,and hope this goes to profit..

3: if 2 isent working..go oposite with a bigger lot..

4: if everything goes wrong..stop entering,,and hope and pray it will turn..

feel free to add..

ps. i realy like the DD control....just stop entering ,and hope it will turn...
StopLoss is for none belivers... Trust the Gurus..
  • #976
  • Feb 22, 2012 11:07am Feb 22, 2012 11:07am
Quoting lillelise
[b]Moodybot..

Once again you have just proved,that you have no clue at all......

you just fool your self..with your loss.profit.loss cycle..
any basket/hedge that is not calculated will sooner or later go into big loss or profit...

you guys are still talking pure nonsens..

but let me try to give a short resume of the method/system.

1 : enter trades according to the indicator/basket, and hope it will go into profit.

2: if a trade goes in loss..enter oposite way with a much bigger lot,,and hope this goes to profit..

3: if 2 isent working..go...

Clutching at straws mate, your questions have been answered, time for you to fire up the ole playstation.
  • #977
  • Feb 22, 2012 11:09am Feb 22, 2012 11:09am
Quoting moodybot
Clutching at straws mate, your questions have been answered, time for you to fire up the ole playstation.
LOL your'e funny moodybot
Bulls are stupid Animals!especially when Im short!
  • #978
  • Feb 22, 2012 11:21am Feb 22, 2012 11:21am
Quoting lillelise
[b]Moodybot..

Once again you have just proved,that you have no clue at all......

you just fool your self..with your loss.profit.loss cycle..
any basket/hedge that is not calculated will sooner or later go into big loss or profit...

you guys are still talking pure nonsens..

but let me try to give a short resume of the method/system.

1 : enter trades according to the indicator/basket, and hope it will go into profit.

2: if a trade goes in loss..enter oposite way with a much bigger lot,,and hope this goes to profit..

3: if 2 isent working..go...
Hey
Listen

Point 2 is NOT CORRECT re read the thread.
Point 3 is NOT CORRECT re read the thread

Also
ANY system/method that YOU USE follows your point 1
YOU enter a trade according to your rules and indicators and you HOPE it goes your way... UNLESS of course you sir can put yourself forward as the only living human who enters a trade and who knows 100% it will go in your direction, which you can't... so your point is MUTE

Point 2 and 3 are not correct.

Point 4 As any experienced trader knows. If for some reason your method or system starts to fail you STOP trading... manage your way out and wait. So your point 4 is also MUTE.

Its a pity you don't read the thread and try stuff, you might learn something.

CASE CLOSED.
  • #979
  • Feb 22, 2012 11:24am Feb 22, 2012 11:24am
Quoting roughtrader
LOL your'e funny moodybot
Hi Roughtrader

Lilly asks for the pitbull script, he asks for mptm, he asks to be shown loss profit loss.

Well, it a funny thing that having shown him loss profit loss cycle with the script and mptm the script doesn't count because its a basket script...WTF?

His next questions asking how to enter a trade just absolutely sums up the fact that the chap has just not bothered to read the thread or demo the method., as for bosuns, did he even look at the gifs, probably not...

I will ultimately have to switch him off but for entertainment value it does brighten up a dreary day

M.
  • #980
  • Feb 22, 2012 11:29am Feb 22, 2012 11:29am
Quoting moodybot
Hi Roughtrader
for entertainment value it does brighten up a dreary day

M.
it sure does
btw, while im learning DD control,
money managment is important for me,
Im trying to incorporate it inside the DD control somehow,
by using strikt rules, this is something I will try to develope further,
Im interested if this is something you already do, Thanks
Bulls are stupid Animals!especially when Im short!
1 trader viewing now