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As Easy as "PI"

  • #121
  • Jan 10, 2013 1:40pm Jan 10, 2013 1:40pm
Quoting whatfx
has this thread got anything to do with the movie ''life of PI'' by any chance ?
Lol, yeah and the Tiger is the markets...
  • #122
  • Jan 10, 2013 4:17pm Jan 10, 2013 4:17pm
EURUSD went up like 2500 pips today! Holy crap, what the heck happened ?
  • #123
  • Jan 10, 2013 5:09pm Jan 10, 2013 5:09pm
Quoting hyperspeeds3
EURUSD went up like 2500 pips today! Holy crap, what the heck happened ?
It was 237 pips you counted 1 too many zeros,,,,,,, and it was Draghi's speech that caused the knee jerk.....
  • #124
  • Jan 10, 2013 5:34pm Jan 10, 2013 5:34pm
I made $750 today (demo) off the E/$ run-up using PI entry, now if I can repeat on live account later
  • #125
  • Jan 10, 2013 7:50pm Jan 10, 2013 7:50pm
I'm subscribed to this thread as well. Very interesting way of trading method by senior trader.

I am learning now. Thank you and happy pippin'
  • #126
  • Jan 11, 2013 4:34am Jan 11, 2013 4:34am
We may well get some sell off this morning with the weekend profit taking. But still floating at 20,000 pips (200,000 pippettes)
  • #127
  • Jan 12, 2013 6:39am Jan 12, 2013 6:39am
Quoting sfg7th
I made $750 today (demo) off the E/$ run-up using PI entry, now if I can repeat on live account later

well i made 80 pips on eu only, and 30 on gu. but not using this system though.

anyone who didnt make pips on these, .........should be pulling thier hair out !
  • #128
  • Jan 14, 2013 6:05pm Jan 14, 2013 6:05pm
Spidey,

Unbelievable! Your account is up 60% in just the past two weeks...you are currently running +23,000 pips in profit...and there are only 3 people viewing this thread? My gosh! What does it take to get traders involved?

Keep up the good work!
  • #129
  • Jan 14, 2013 6:12pm Jan 14, 2013 6:12pm
Quoting Bobcat2
Spidey,

Unbelievable! Your account is up 60% in just the past two weeks...you are currently running +23,000 pips in profit...and there are only 3 people viewing this thread? My gosh! What does it take to get traders involved?

Keep up the good work!

Yeah, things are moving along well for now. Not much for people to look at I guess. Being a long term trend strategy, there's not a lot of bells and whistles to keep peoples attention.

That's okay though. Less typing for me.
  • #130
  • Jan 15, 2013 12:34am Jan 15, 2013 12:34am
I know you've used to play around with the TDI.
How come you dont use it anymore?
Thoughts are things
  • #131
  • Jan 15, 2013 5:26am Jan 15, 2013 5:26am
Well we had some contrary news coming out of Japan last night.
Yen Rallies as Japan Official Amari Comments on Currency



I'd love to bail on the Yen pairs, but I want to see how the system exit signal comes through. We'll see if it stabilizes today.
  • #132
  • Jan 15, 2013 5:27am Jan 15, 2013 5:27am
if you close all your active trades how much profit do you have in percentege (%)?

*i dont mined the cash value :-)
Iam just A pips on the rode :nerd:
  • #133
  • Jan 15, 2013 5:43am Jan 15, 2013 5:43am
Quoting -er-
if you close all your active trades how much profit do you have in percentege (%)?

*i dont mined the cash value :-)

Looks like about 330% since 11/19/12 if you factor in all the losses to date.
  • #134
  • Jan 15, 2013 5:50am Jan 15, 2013 5:50am
Quoting Quezoy
I know you've used to play around with the TDI.
How come you dont use it anymore?

The particular strategies I used the TDI on just didn't seem to perform for me. Looking back at the PI pairs, I don't think it would have performed as well as the MACD I'm using.
  • #135
  • Jan 15, 2013 5:52am Jan 15, 2013 5:52am
i am here at forex factory for years, and i think you are one of the best manual trader i ever seeing so far.
your trading way on the daily chart,by far more reasoneble than trading the 5 m or 1 m charts.




Iam just A pips on the rode :nerd:
  • #136
  • Jan 15, 2013 5:56am Jan 15, 2013 5:56am
Quoting -er-
i am here at forex factory for years, and i think you are one of the best manual trader i ever seeing so far.
your trading way on the daily chart,by far more reasoneble than trading the 5 m or 1 m charts.





Well thank-you for the nice words. Time will tell yet whether this strategy plays well in the long term.
As some have already noted, I've benefited from quite a run on the JPY pairs. And yet, that's the point
of a trend following system. There are going to be trends, you just have to be patient enough to be there
when they happen.
  • #137
  • Jan 15, 2013 3:40pm Jan 15, 2013 3:40pm
Spidey, I have been following the thread for a few weeks and have been testing out with very small lots. Looks great! But I just wanted to point out an observation. It looks like the JPY crosses seem to work out the best if I look back in time. They seem to trend very well. I haven't crunched any numbers, but obviously you have seen what they have done in the last month or two! Keep up the good work. I will post more as I start to trade more. Thanks!
  • #138
  • Jan 16, 2013 3:10am Jan 16, 2013 3:10am
Hi Spyderman
I have been following this thread and it looks really good so far. Maybe I am mistaken but it seems recently you have closed some trades but the MACD hasn't crossed over yet. e.g. you closed a EURJPY trade but the MACD is still very much above 0. Can you explain why please?
  • #139
  • Jan 16, 2013 3:38am Jan 16, 2013 3:38am
Quoting ed1705
Hi Spyderman
I have been following this thread and it looks really good so far. Maybe I am mistaken but it seems recently you have closed some trades but the MACD hasn't crossed over yet. e.g. you closed a EURJPY trade but the MACD is still very much above 0. Can you explain why please?

Ed,

Thanks for following. I'm not sure what you're referring to, but no, I haven't closed any of the JPY trades yet. I checked my platform this morning and none have hit, or are close to hitting, s/l's either. I can't tell from my vantage point exactly what you guys see on the trade explorer, so not sure what may have made you see that.
  • #140
  • Jan 16, 2013 5:43am Jan 16, 2013 5:43am
Quoting spyderman
Yeah, as he mentions the zero line is just another ema. In this case it's the 22 ema. When the MACD line (7 ema) crosses the zero line its the same as the 7 ema crossing the 22 ema in the chart above. It's just a more graphically easy way of seeing it and the histogram adds to that.
Subscribed!
In your opinion, how different 7/22 against the standard setting 8/26?
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