Extracted Thread (per thread starter's request) | Page 330 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Extracted Post (per poster's request) 0 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: Extracted Thread (per thread starter's request)
Exit Attachments

Extracted Thread (per thread starter's request)

  • #6,581
  • Apr 14, 2013 12:33am Apr 14, 2013 12:33am
Quoting AltosTrader
and I have no reason to complain{image}
The stats for your set up are VERY impressive. Can I ask you if your ACTUAL results trading that setup are similar.

I am very sceptical of back tests, for a start they cannot take into account the movement in the spread that is constantly changing and is used by the MM's to trigger trades and take stops that simply will not show up on these back tests.
  • #6,582
  • Apr 14, 2013 11:40am Apr 14, 2013 11:40am
another week of profits got to love it
Attached Image (click to enlarge)
Click to Enlarge Name: gu 5.png Size: 167 KB
  • #6,583
  • Apr 14, 2013 8:28pm Apr 14, 2013 8:28pm
Worked all weekend getting charts straight. Anyone else catch this one?

Joe
Attached Image (click to enlarge)
Click to Enlarge Name: GU_15 M.jpg Size: 51 KB
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #6,584
  • Apr 14, 2013 10:04pm Apr 14, 2013 10:04pm
Quoting TraderJoe
Worked all weekend getting charts straight. Anyone else catch this one? Joe {image}
RRBO? Russian Roulette Breakouts?


Where is the CZ ?
  • #6,585
  • Apr 14, 2013 10:15pm Apr 14, 2013 10:15pm
Quoting Jayf19
RRBO? Russian Roulette Breakouts? Where is the CZ ?
The pic is posted very clearly. The first little green arrow is the entry and the second one is the exit.

Hope that helps.

Joe
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #6,586
  • Apr 14, 2013 10:16pm Apr 14, 2013 10:16pm
Nice way to start the week. One long loss - one recovery win.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd4-15.JPG Size: 175 KB
I make money anywhere in the world by taking orders
  • #6,587
  • Apr 14, 2013 10:48pm Apr 14, 2013 10:48pm
Thanks Sedona, I believe this is going to be a great week for everyone.
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #6,588
  • Apr 14, 2013 11:10pm Apr 14, 2013 11:10pm
good morning, i was asleep when this happened (pic below), no trades for me today

lp

dragan
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1 15.4..png Size: 45 KB
fxkeys
  • #6,589
  • Apr 14, 2013 11:11pm Apr 14, 2013 11:11pm
have a succesfull week everybody

dragan
fxkeys
  • #6,590
  • Apr 15, 2013 4:15am Apr 15, 2013 4:15am
Quoting foxmaster
The stats for your set up are VERY impressive. Can I ask you if your ACTUAL results trading that setup are similar. I am very sceptical of back tests, for a start they cannot take into account the movement in the spread that is constantly changing and is used by the MM's to trigger trades and take stops that simply will not show up on these back tests.
For the time being I have this on demo only as I don't yet have all the tools I want sorted out, but going forward as we have been doing for months now, everything seems to be holding very nicely and the 'past" is proving out the future. I don't trade it live as I couldn't take all the trades and you can bet the recovery trade I HAVE to take will occur when I am asleep or away. We will get this beat however and that will not be a problem either. That is what I am working on. The trade you refer is on the page 371 indicator. My stats on the new indicator which is currently being re-worked are better again at 97 % or so for some pairs. That is what I am using this week so we will see how that looks. Yeah, I know - it's demo - but I have a life also and this is fine for the moment until it and the tools I want are all proven to satisfaction. There is no mistake it is proven for FXH.
  • #6,591
  • Apr 15, 2013 4:34am Apr 15, 2013 4:34am
Quoting AltosTrader
I don't trade it live as I couldn't take all the trades and you can bet the recovery trade I HAVE to take will occur when I am asleep or away.
Have you thought of using settings without the martingale? Then it wouldn't be an end of the world if you happen to miss a winning trade while you are sleeping etc.
  • #6,592
  • Apr 15, 2013 4:44am Apr 15, 2013 4:44am
Quoting profitpips
Have you thought of using settings without the martingale? Then it wouldn't be an end of the world if you happen to miss a winning trade while you are sleeping etc.
Oh, was Mgale showing yes ? Sorry. I am currently using Mgale NO. I place some of these trades on FF simply as examples. I use Mgale in some experimentation and last week I was playing around. From here in I will only be showing trades that are not Martingaled but have high % results with 1 x recovery. Just got stopped out of ENZ a few minutes ago. The trade set win is 89% on ENZ so we'll see where that goes tonight/tomorrow.
  • #6,593
  • Apr 15, 2013 4:51am Apr 15, 2013 4:51am
No you didn't have martingale on in that picture, just when you said you could miss a trade you had to take caught my eye. I personally use settings that show results that I like without martingale but still use it from time to time...
  • #6,594
  • Apr 15, 2013 6:36am Apr 15, 2013 6:36am
Quoting TraderJoe
The pic is posted very clearly. The first little green arrow is the entry and the second one is the exit. Hope that helps. Joe
I'm sorry; I was being sarcastic.

How can 3 bars on a 15 minute chart be considered a consolidation zone per SSBO standards?
  • #6,595
  • Apr 15, 2013 6:46am Apr 15, 2013 6:46am
Quoting Jayf19
I'm sorry; I was being sarcastic. How can 3 bars on a 15 minute chart be considered a consolidation zone per SSBO standards?
Yep. I have some charts at 10 bars for the CZ and I think that is very short. I can't see 3 being anything other than luck / gamble/ etc IF you are viewing it from a purely SSBO viewpoint. Sure if it was a couple of pin bars and an inside or engulfing sitting at S or R but no, I don't like 3 on SSBO.
  • #6,596
  • Apr 15, 2013 6:51am Apr 15, 2013 6:51am
Quoting AltosTrader
Yep. I have some charts at 10 bars for the CZ and I think that is very short. I can't see 3 being anything other than luck / gamble/ etc IF you are viewing it from a purely SSBO viewpoint. Sure if it was a couple of pin bars and an inside or engulfing sitting at S or R but no, I don't like 3 on SSBO.
I'm even having a hard time with the 10 bar ones.
  • #6,597
  • Apr 15, 2013 8:01am Apr 15, 2013 8:01am
Quoting Jayf19
I'm even having a hard time with the 10 bar ones.
I was thinking the same thing Jay. I couldn't even imagine a CZ being 3 bars. There would be just way to much luck/gambling involved in that for me.
  • #6,598
  • Edited 9:42am Apr 15, 2013 9:22am | Edited 9:42am
Quoting Jayf19
I'm sorry; I was being sarcastic. How can 3 bars on a 15 minute chart be considered a consolidation zone per SSBO standards?

Ok dear... really?

3 15m bars on a 5 min chart is what? 3 x 5 = 15 bars
3 15m bars on a 1 min chart is what? 3 x 15 = 45 bars

You could even go into tic charts even though mt4 won't do it. If you missed this then you should read the thread again. There is a nice example explaining IB's and how just one IB bar is considered a consolidation by experts.

Joe
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #6,599
  • Apr 15, 2013 10:16am Apr 15, 2013 10:16am
Hi Joe,

what is your pip-range for those CZs? ~10 pips? (Can't exactly see it at your posted chart)
  • #6,600
  • Apr 15, 2013 10:16am Apr 15, 2013 10:16am
Quoting TraderJoe
Ok dear... really? 3 15m bars on a 5 min chart is what? 3 x 5 = 15 bars 3 15m bars on a 1 min chart is what? 3 x 15 = 45 bars You could even go into tic charts even though mt4 won't do it. If you missed this then you should read the thread again. There is a nice example explaining IB's and how just one IB bar is considered a consolidation by experts. Joe
I’m sure what you are doing works for you. But how does it have anything to do with SSBO? Clearly, you have extra posts not appearing into my version of this thread as there has never been any mention of tick chart trading and the reliance of inside bars to trade this method profitably.

Although the thread has always been open to trading various time frames, the main focus has always been around M15. From people trading the 5 minute charts up to the 4H, the boxing methodology has always been aiming around the 7-10 hours CZ mark (28-40 M15 bars, or 84-120 M5 bars for all I care). I’ll let your 1-bar IB experts out of this as I’m following SSBO, not what the experts say.

Would you care to share how your 2 weeks experience onboard of SSBO has helped you establish a better methodology with smaller CZ than what has been prescribed since July 2011? How does your forward tested findings compare to SSBO's approach?
0 traders viewing now