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  • #6,441
  • Apr 6, 2013 10:23am Apr 6, 2013 10:23am
Quoting grimnokk
I know that I am new here. I also freely admit that I have not used the system presented in this thread. I also freely admit that I have never traded before. But I wanted to give my opinion on this. If I am out of line please let me know and I will try and remove my post, or ForexHard you can delete it. But my take on this system is that yes lucklogic, the stats are based upon the past. And that the past does not repeat itself EXACTLY the same way. However history does have a way of repeating itself. But I can look at any chart and see that there...
There are no issues I think you have summed it up very well - think FXH will agree
  • #6,442
  • Apr 6, 2013 10:35am Apr 6, 2013 10:35am
Quoting lucklogic
IN THE PAST. And that's the clue right there .......IN THE PAST. What a surprise .......................the future does not repeat the past in the same way Ask yourself, is it up or down. then toss a coin.
So if the future does not repeat the past then why are you bothering with using Renko, EMA's, pattern trading etc... as indicators in your own trading (judging by your other thread posts) as the purpose of these is to predict future price based on what has happened in the past. Surely if you dispense with the idea that past behaviour will give you an ability to predict future behaviour, then open a long or short position based on the toss of a coin at any point in time on any timeframe. I look forward to seeing your results in a few months time.

A particular behavior of any market driven by supply and demand without outside influences (be it elastic or inelastic) is that periods of price consolidation cannot continue indefinately, that is absolutely guaranteed. If this wasn't the case then the price at which you can exchange sterling for $US would be the same on monday as it was on Friday, and for every second of every minute of every hour of every day of every week of every month of every year since the very first transaction took place.

For a FF member with the word 'logic' in their username your argument sure isn't logical when compared to your previous posts on other threads.
  • #6,443
  • Apr 6, 2013 10:52am Apr 6, 2013 10:52am
Quoting C345
Bit of fun on Saturday its the Grand National in the UK I got money on a horse called 'Any Currency' at 66/1 lol
haha, me too. It's surely a sign

might I suggest 'always winning' as a back up
  • #6,444
  • Apr 6, 2013 11:04am Apr 6, 2013 11:04am
Quoting forexhard
lucklogic (who C345 just tore a new asshole)

Poor guy.... I can't imagine in what state his asshole is after what HX just answered.
  • #6,445
  • Apr 6, 2013 11:09am Apr 6, 2013 11:09am
Quoting Jayf19
Poor guy.... I can't imagine in what state his asshole is after what HX just answered.
Bit like the horse hx and I bet on - think its still running its got the yens
  • #6,446
  • Apr 6, 2013 11:59am Apr 6, 2013 11:59am
Hi, FXH and XUX, thanks for all your hard work on this method of trading, your generosity is very appreciated. I don't usually post on these forums but I have been following this thread for sometime, it is one of the very few that I do follow now. I know this has been asked before but will the MQ4 for the latest version of the indicator eventually be posted as it was on the initial release ?

I am absolutely not even close to being able to code as well as XUX but I have managed to create my own basic trade management EA which works OK for me and at least I understand the bugs when it does go wrong and I can live with them or fix 'em.

The only reason I ask for the MQ4 is that in the previous version I added some Global Variables i key places and also removed quite a lot of the externs that I did not intend to use so I could integrate it into my own EA. I did not alter the logic at all I just wanted to receive the trade signals and stats and then use my EA to manage and open trades. I never did get on with manual trading, I prefer to let my bots take the emotion out of it for me even though I do have to step in manually on occasions.

I know we have no 'rights' to the MQ4 but it would be really useful. Unfortunately I do not have the permissions to PM XUX99 directly.

Thanks again.
  • #6,447
  • Apr 6, 2013 12:36pm Apr 6, 2013 12:36pm
Even Google knows it's good.
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  • #6,448
  • Edited 6:32am Apr 7, 2013 6:18am | Edited 6:32am
This looks good fun - a bit of playing around to be done but interesting. Oops but maybe I'm curve fitting!!!!!!!!
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  • #6,449
  • Apr 7, 2013 1:05pm Apr 7, 2013 1:05pm
Getting lonely around here but thats ok. Cable set up quite nicely on Sunday evening as usual. Orders in both sides looking for +20 should be be an easy one. lol we will see.
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  • #6,450
  • Apr 7, 2013 1:21pm Apr 7, 2013 1:21pm
Quoting C345
Getting lonely around here but thats ok. Cable set up quite nicely on Sunday evening as usual. Orders in both sides looking for +20 should be be an easy one. lol we will see. {image}
I still need 10 bars to get my CZ; I'll probably get a nice alarm waking me up at 4 am.
  • #6,451
  • Apr 7, 2013 1:27pm Apr 7, 2013 1:27pm
Quoting Jayf19
I still need 10 bars to get my CZ; I'll probably get a nice alarm waking me up at 4 am.
Just stick orders in either side of the cz 20 pips tp with 20 pip loss you wont go far wrong.
  • #6,452
  • Apr 7, 2013 2:59pm Apr 7, 2013 2:59pm
Hi,

i need 35 bars to go

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A good start into the week to all SSBO'ler ...
  • #6,453
  • Apr 7, 2013 3:52pm Apr 7, 2013 3:52pm
hi all,

i read whole 431 pages and i have a question. Wait, i have no questions at all .
Its nice to be here with all of you. I went through pages for the second time, taking notes doing exercises fixing parameters of ssbo indi, i'm also still drawing my own cz's. i took a day of on friday and stayed with the thread on friday, saturday and sunday with almost no sleep.
On the other end i was throwing into unsuscribe folder all of the junk mail about all those funny arrow indicators, ma crossings, trendlines and other crap. What a journey this last year was for me. I was at home laying with broken leg, so i started with forex. Than i saw two ma's cross and thought i got it, haha. I was on this thread actually before, i think last summer and i left because i didn't understand why should i start from begining of the thread. Ofcourse i didn't understand what indi does or what a CZ is, but now i'm back and am here to stay!
My tasks for next month:

1. i'll be going through the thread from the begining once more, 10, 15 pages per day

2. open trading account and trade as per forexhard rules, 100 trades at 0.1 then 0.2 without changing parameters

3. make a trading journal

...

ok guys thanks for listening, i'm happy...

FOREXHARD, i love the system, thank you for the effort and teachings...this goes also to xux, sq, and everybody else who contributed here.


lp,

Dragan
fxkeys
  • #6,454
  • Apr 7, 2013 5:14pm Apr 7, 2013 5:14pm
Beautiful catch guys. Not quite a CZ on my end but will keep an eye out.

Enjoying this relaxing Sunday here.
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Remember, Red. Hope is a good thing, maybe the best of things...
  • #6,455
  • Apr 7, 2013 11:14pm Apr 7, 2013 11:14pm
Hi all.

I am a fan of the hand drawn BO box. Wont usually trade before the London session unless there is news due earlier and in my awake time frame (GMT+1).
I pick and choose, looking for a not too big range, and I find that when a CZ develops near or at the previous day hi or lo, that is often a good trade in the opposite direction (but not always).

I have read the thread for some time and always keep up to date with what goes on here.

FXH you run a tight ship so I hope I can keep on your right side with my posts, which wont be frequent but hopefully helpful.
  • #6,456
  • Apr 8, 2013 12:14am Apr 8, 2013 12:14am
Started watching this pair (thanks to Altos I think) - missed this trade though.Yen seems to be getting hammered all over. Cable should break maybe on Frankfurt open in 45 mins but definitely on London. Overnight range less than 30 pips there will be some action later.
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  • #6,457
  • Apr 8, 2013 3:37am Apr 8, 2013 3:37am
C345, do you mind if I ask who you use as a broker?

I note from your previous comments that you spread bet and I thought ages back you said you were with IG but I didn't think they allowed MT4. From your uploaded chart images you appear to be using MT4 so I'm just interested to know if somebody with substantiated experience of spreadbetting in the UK (as well as SSBO'ing) had found a better alternative to Alpari UK.

Many thanks, C345!

(I do realise that broker has nothing to do with SSBO but I would like an opinion from you as somebody who has progressed further through the 'learning curve' and who spreadbets too.)
  • #6,458
  • Apr 8, 2013 3:51am Apr 8, 2013 3:51am
Slow day moved stop to b/e on 15 min tf - maybe should have took + 15. 60 min looks interesting this thing has to break today at some point. No real UK news so maybe have to wait for NY?
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  • #6,459
  • Edited 4:12am Apr 8, 2013 4:02am | Edited 4:12am
Quoting charbar
C345, do you mind if I ask who you use as a broker? I note from your previous comments that you spread bet and I thought ages back you said you were with IG but I didn't think they allowed MT4. From your uploaded chart images you appear to be using MT4 so I'm just interested to know if somebody with substantiated experience of spreadbetting in the UK (as well as SSBO'ing) had found a better alternative to Alpari UK. Many thanks, C345! (I do realise that broker has nothing to do with SSBO but I would like an opinion from you as somebody who has progressed...
Yeah I use IG Index for live spread betting in UK silly not to when it's tax free. Don't like there charts and use MT4 obviously. Been with IG for around 7 years and never had a problem. Deposit on card and money is instant - withdraw to card and and its there in 2 to 3 days. Platforms easy - lol sound like I work for them I don't! Also use Alpari now and again who support MT4.
  • #6,460
  • Apr 8, 2013 5:44am Apr 8, 2013 5:44am
Thanks for the response C345.

So do you use IG's platform to trade SSBO directly as well or can you trade through IG using MT4 (and bypassing their own platform)?
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