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  • #61
  • May 18, 2013 3:38am May 18, 2013 3:38am
Quoting Mingary
Retail forex trading analogy (1912). http://www.youtube.com/watch?v=FBN3xfGrx_U
Crikey what an idiot.

Always road test your skills on demo first guys.

Or on this case, he should have used a dummy.

With each passing post you confirm the role your attitude contributes to your "success".
Come with me if you want to live....
  • #62
  • May 18, 2013 3:49am May 18, 2013 3:49am
Quoting Ill-b-back
{quote} Crikey what an idiot. Always road test your skills on demo first guys. Or on this case, he should have used a dummy. With each passing post you confirm the role your attitude contributes to your "success".
I can assure you that Mr. Reichelt tested his "system" to the nth degree and with extreme diligence before going "live".
You will notice also that certainly during the course of his prepartion that took many months he had to buy some "training" and "supplies and equipment" and "advice" from experts.
Those people are the one who really succeeded from his endeavor.
  • #63
  • May 18, 2013 4:34am May 18, 2013 4:34am
Quoting Mingary
{quote} I can assure you that Mr. Reichelt tested his "system" to the nth degree and with extreme diligence before going "live". You will notice also that certainly during the course of his prepartion that took many months he had to buy some "training" and "supplies and equipment" and "advice" from experts. Those people are the one who really succeeded from his endeavor.
And yet today jumping from a plane with a parachute is a regular occurrence with comparative few meeting mr Reichelts end.

This only confirms that you are (stuck in the past).
Come with me if you want to live....
  • #64
  • May 18, 2013 4:48am May 18, 2013 4:48am
Quoting Ill-b-back
{quote} And yet today jumping from a plane with a parachute is a regular occurrence with comparative few meeting mr Reichelts end. This only confirms that you are (stuck in the past).
Nothing has changed .... today when retail traders jump from a plane with a parachute 99.999 % fall to their death.
For "parachute" just plug in the necessary trading paraphernalia that we all know and love.. software, training, gurus, countless hours "studying".
  • #65
  • May 18, 2013 7:20am May 18, 2013 7:20am
Quoting Mingary
{quote} Nothing has changed .... today when retail traders jump from a plane with a parachute 99.999 % fall to their death. For "parachute" just plug in the necessary trading paraphernalia that we all know and love.. software, training, gurus, countless hours "studying".
I would still love to know how you are so certain of this statistic, oh that's right, it's what is shoved down our throats each year.

And with your "progressive" attitude, it will never change I'm sure.

Oh no that's right, each retail trader stars off with hope and dreams beyond their capacity and fail anyway.
And yet the deep fear and doubt that resides in each of us brings us to a certain and unavoidable reality.

Let's access this fear and doubt shall we and bring about the outcome that is, has and always will be the consequence of our human condition.

Failure....
Come with me if you want to live....
  • #66
  • Edited 7:58am May 18, 2013 7:46am | Edited 7:58am
and update time of the numbers it now is..

view #1:
EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

view #2:
EURAUD 89
AUDCAD -69
AUDNZD -67
GBPAUD 50
EURCHF 45
AUDCHF -44
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCAD -19
GBPNZD -17
GBPCHF 6
NZDCAD -2

the instructions to play the above numbers:

basic trading system:
sell at or near +100
buy at or near -100
close at or near 0.

arbitrage trading system example:

you can form triangles to calculate for arbitrageable situations(imbalances), as follows:

euraud+audnzd=eurnzd
eurgbp+gbpchf=eurchf
euraud+audchf=eurchf

my firm goal regarding this project has always been that my work should be worthy of taking home the nobel prize in economics.

http://www.nobelprize.org/nobel_prizes/economics

my demo account login is:

Broker: http://www.citifxpro.com/metatrader-4
Login : 2089587303
Password : elu7brc (read only password)

Attached Image


Inserted Video
contact zero 510-684-1114
  • #67
  • May 18, 2013 7:58am May 18, 2013 7:58am
Quoting Ill-b-back
{quote} I would still love to know how you are so certain of this statistic, oh that's right, it's what is shoved down our throats each year. And with your "progressive" attitude, it will never change I'm sure. Oh no that's right, each retail trader stars off with hope and dreams beyond their capacity and fail anyway. And yet the deep fear and doubt that resides in each of us brings us to a certain and unavoidable reality. Let's access this fear and doubt shall we and bring about the outcome that is, has and always will be the consequence of our...

Trying to predict the future is also a near on impossible task to be fair.

We are all trying to find predictable exploits in the market, which work long term, found literally 100's which work for a short period then rape your account, my current method is looking promising, the simplest exploit I've yet found, but I thought that about the other 100's of exploits.

Factor in, it all looks to easy after the effect, that suckers people into the method, which look great after but live have zero relevance at all. ( H4 Candle sticks being the most popular and idiot wave )
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #68
  • May 18, 2013 8:27am May 18, 2013 8:27am
@slam.dunk

Are you trading on a demo account?! If so, this thread is a thrash.
  • #69
  • May 18, 2013 8:29am May 18, 2013 8:29am
Quoting Turveyd
{quote} ( H4 Candle sticks being the most popular and idiot wave )
I Love seeing traders translate (their own or others) failures at a particular method into a universal truth.

Love it...

Come with me if you want to live....
  • #70
  • May 18, 2013 8:35am May 18, 2013 8:35am
Quoting Mingary
{quote} Nothing has changed .... today when retail traders jump from a plane with a parachute 99.999 % fall to their death. For "parachute" just plug in the necessary trading paraphernalia that we all know and love.. software, training, gurus, countless hours "studying".
dude,what did the market do to you? will you ever forgive him from emptying your wallet? let the pain go!
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #71
  • May 18, 2013 8:36am May 18, 2013 8:36am
Quoting Turveyd
{quote} ( H4 Candle sticks being the most popular and idiot wave )
Bigger the timeframe, smaller the noise.

Interesting that you mention you have tried hundreds of methods and still met with failure....
Come with me if you want to live....
  • #72
  • May 18, 2013 8:39am May 18, 2013 8:39am
Quoting pemully
{quote} dude,what did the market do to you? will you ever forgive him from emptying your wallet? let the pain go!
Nah, let him suffer

lol...

It's been fun.
Come with me if you want to live....
  • #73
  • Edited 9:22am May 18, 2013 9:09am | Edited 9:22am
another issue is about how to invert the polarity of a particular pair.

for example, what if i wanted to calculate the following triangle:

audchf+chfcad=audcad

obviously, we do not have the ability to trade the chfcad, but we do have the cadchf pair.

the cadchf is showing itself to be at +25, so if we want to know the position of chfcad, reverse the polarity of my indicator's reading for the cadchf(+25) to -25, as follows:

audchf=-44
chfcad=-25
audcad=-69

audchf+chfcad=audcad
(-44)+(-25)=(-69)

surely every person present in this thread already knows how i made the calculations for these fifteen currency pairs? of course they do. perhaps you would like to compare your results with mine.

view #1
EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

view #2:
EURAUD 89
AUDCAD -69
AUDNZD -67
GBPAUD 50
EURCHF 45
AUDCHF -44
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCAD -19
GBPNZD -17
GBPCHF 6
NZDCAD -2

Inserted Video
contact zero 510-684-1114
  • #74
  • May 18, 2013 10:03am May 18, 2013 10:03am
Quoting leor
Am i the only person who believes 20%-50% per quarter (months at least is a realistic goal) and why do so many traders on here say its not i know a few of individuals who are doing this and some are even achieving 35% + a month could someone explain preferably someone who's actually a successful trader if that exists on here?
20% tp 50% quarterly can be done but its very very hard to do consistently. Try it yourself on a demo account then you would know why so many people said its not possible. Anyway take a look at my account for example http://www.myfxbook.com/members/supe...usd-wow/489977
  • #75
  • May 18, 2013 11:21am May 18, 2013 11:21am
Quoting Ill-b-back
{quote} I Love seeing traders translate (their own or others) failures at a particular method into a universal truth. Love it...


Not me never bought into H4 or candlestick BS or shall.

Interesting how you support your likely method, which isnt woeking for you.

Love it
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #76
  • May 18, 2013 11:25am May 18, 2013 11:25am
Quoting Ill-b-back
{quote} Bigger the timeframe, smaller the noise. Interesting that you mention you have tried hundreds of methods and still met with failure....
Bigger TF less detail nothing more.

They all worked for days if not months before failing.

Some will come back to profitable ofcourse.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #77
  • May 18, 2013 11:45am May 18, 2013 11:45am
Quoting Ill-b-back
{quote} Oh no that's right, each retail trader stars off with hope and dreams beyond their capacity and fail anyway.
And yet the deep fear and doubt that resides in each of us brings us to a certain and unavoidable reality.

Let's access this fear and doubt shall we and bring about the outcome that is, has and always will be the consequence of our human condition.

Failure.... ...
Yes! Now you get it. I so agree with this statement. It applies to retail forex perfectly. Actually, this is the essence of retail forex.
  • #78
  • May 18, 2013 11:56am May 18, 2013 11:56am
Quoting Turveyd
{quote} Not me never bought into H4 or candlestick BS or shall. Interesting how you support your likely method, which isnt woeking for you. Love it
short timeframes require the highest skills and the biggest edge to overcome the spread and slippage. death is usually very swift if you are not best of the best.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #79
  • May 18, 2013 12:30pm May 18, 2013 12:30pm
Most of you might already know it that banks manipulation is the biggest cause of our failure. They are feeding on us "the retail traders". That is why the winning ratio is not exceeding the 5% because the banks are not in high numbers and retail traders are more in numbers.
  • #80
  • May 18, 2013 1:02pm May 18, 2013 1:02pm
Quoting pemully
{quote} short timeframes require the highest skills and the biggest edge to overcome the spread and slippage. death is usually very swift if you are not best of the best.

It's not TF related, you trade M1 or H4 with a 10SL or 200SL and you'll get very much the same results, it's SL and TP size that counts.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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