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Third Screen Strategy - Dr. Alexander Elder

  • #1,701
  • Jun 18, 2013 1:29am Jun 18, 2013 1:29am
Quoting dimdel
When you can not leave the screen even to pee


That's a good one.
  • #1,702
  • Jun 18, 2013 1:31am Jun 18, 2013 1:31am
Quoting dimdel
Good morning everyone 100pip i see EURAUD you are sell this is manually because you saw the PSAR and S/R ? in my chart gives long thanks
In regards to EUR/AUD, the past 3 Days I have D1 MACD telling me to sell with one of the brokerage firms that I use.
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  • #1,703
  • Jun 18, 2013 1:35am Jun 18, 2013 1:35am
Quoting 100PipsADay
{quote} In regards to EUR/AUD, the past 3 Days I have D1 MACD telling me to sell with one of the brokerage firms that I use. {image}
100pips,

Do you think we're on the right side of the trend?

I have many positions open. All of which are in red. 2 positions already hit SL, with another 2 about to as well.

It feels like price is just moving against us, regardless of what PASR tells us.
  • #1,704
  • Jun 18, 2013 1:39am Jun 18, 2013 1:39am
Quoting Tok
{quote} 100pips, Do you think we're on the right side of the trend? I have many positions open. All of which are in red. 2 positions already hit SL, with another 2 about to as well. It feels like price is just moving against us, regardless of what PASR tells us.
I try not to think too much, I just stick to my strategy and wait for SL or TP targets to get hit. I don't care when trades hit SL to be honest as I already factor in losses as part of my business expenses.
  • #1,705
  • Jun 18, 2013 1:41am Jun 18, 2013 1:41am
brokers
FXDD D macd up (demo)
ALPARI D macd up (demo)
XE markets D macd up (real)

i wish your broker to make mistake
  • #1,706
  • Jun 18, 2013 1:44am Jun 18, 2013 1:44am
Quoting dimdel
brokers FXDD D macd up (demo) ALPARI D macd up (demo) XE markets D macd up (real) i wish your broker to make mistake
I prefer my particular broker's server time due to the fact that I've been using them for almost 2 years now. I try to stick with one broker (for signals) as much as possible. It won't really matter though in the long run...
  • #1,707
  • Jun 18, 2013 1:51am Jun 18, 2013 1:51am
thanks 100pip
anyway i am green
and i care only for weekly percent W/L/
no every day
  • #1,708
  • Jun 18, 2013 2:38am Jun 18, 2013 2:38am
4 SL hit, 0 TP hit, All positions in the red.

This is the last time I listen to PASR over indicators. Because of it, we're on the false side of the trend on every single trade.
  • #1,709
  • Jun 18, 2013 2:44am Jun 18, 2013 2:44am
Quoting Tok
4 SL hit, 0 TP hit, All positions in the red. This is the last time I listen to PASR over indicators. Because of it, we're on the false side of the trend on every single trade.
Tok . U need big S/L to let it ride and keep everything simple ,take it easy and follow 100pips as it is , I have learn the very hard way in 3 1/2 years , Now i keep every thing simple and let it ride , I know how u feel , Malcolm .
  • #1,710
  • Jun 18, 2013 2:49am Jun 18, 2013 2:49am
What do you guys think is the better option:
-4 pairs with 2 positions max
-8 pairs with 1 position max

So, to mix things up a bit or to stay with the ones which seem to work best?
Thoughts are things
  • #1,711
  • Jun 18, 2013 2:49am Jun 18, 2013 2:49am
Quoting terminator12
{quote} Tok . U need big S/L to let it ride and keep everything simple ,take it easy and follow 100pips as it is , I have learn the very hard way in 3 1/2 years , Now i keep every thing simple and let it ride , I know how u feel , Malcolm .
I 100% agree with you.

This week, I made it complicated by using PASR, and not following the strategy, which says to follow MACD.

I guess this is how you learn though, right?
  • #1,712
  • Jun 18, 2013 2:53am Jun 18, 2013 2:53am
Quoting Quezoy
What do you guys think is the better option: -4 pairs with 2 positions max -8 pairs with 1 position max So, to mix things up a bit or to stay with the ones which seem to work best?
4 pairs, 2 positions max.
  • #1,713
  • Jun 18, 2013 3:06am Jun 18, 2013 3:06am
Quoting Tok
{quote} I 100% agree with you. This week, I made it complicated by using PASR, and not following the strategy, which says to follow MACD. I guess this is how you learn though, right?
U know i learn very hard way that i cannot hear on video cos of my deafness , and i realize in the end that keep everything simple , Just follow 100pips strategy
Just try put in 0.01lots , 280 s/l and 350t/p . Market don't worry about u , Just keep it simple ,take it easy and go slowly , Malcolm .
  • #1,714
  • Jun 18, 2013 3:09am Jun 18, 2013 3:09am
Quoting terminator12
{quote} U know i learn very hard way that i cannot hear on video cos of my deafness , and i realize in the end that keep everything simple , Just follow 100pips strategy Just try put in 0.01lots , 280 s/l and 350t/p . Market don't worry about u , Just keep it simple ,take it easy and go slowly , Malcolm .
Yup, will do.

Had I followed the strategy instead of PASR, all of my losses would have been GAINS.

Instead, EVERYTHING is deep in red because I didn't.
  • #1,715
  • Jun 18, 2013 3:42am Jun 18, 2013 3:42am
Don't panic, TOK, How has your luck been on the POKIES....????

((Australian joke))..........
Onwards and upwards...
  • #1,716
  • Jun 18, 2013 3:44am Jun 18, 2013 3:44am
Quoting soccerfan
Don't panic, TOK, How has your luck been on the POKIES....???? ((Australian joke))..........
It would have been better than my luck here, lol.
  • #1,717
  • Jun 18, 2013 4:46am Jun 18, 2013 4:46am
Nice ...

My positions on EUR/NZD hit SL . 450 pips - . Nice
Make choices and don't look back !
  • #1,718
  • Jun 18, 2013 4:58am Jun 18, 2013 4:58am
Quoting 100PipsADay
{quote} I prefer my particular broker's server time due to the fact that I've been using them for almost 2 years now. I try to stick with one broker (for signals) as much as possible. It won't really matter though in the long run...
But it would be better if we all had the same signals. It can't be that you have the last 3 days negative and a lot of people have the same days positive. In that way it is impossible to compare results.

By the way, that broker, where you have euraud the last 3 days negative : Is that a broker who has a small Sunday candle of a few hours ? That could explain the difference. Personally, I would stay away from such a broker for using indicators and signals. they are distorting it with the sixth candle in a week. For a trusted macd calculation or every other indicator if you wish so , all candles should be of equal time duration to start with.
  • #1,719
  • Jun 18, 2013 5:23am Jun 18, 2013 5:23am
Quoting Purec
Nice ... My positions on EUR/NZD hit SL . 450 pips - . Nice
Hi Purec,

Here my tips and filter to using this method,.....
i just add rsi 9 and force index, weekly up, D1 MCAD up, RSI 9 above 0 green, and Force Index above 0 = Up Trend Movement
Entry only buy , IF yesterday Price Close below opening price, i'm looking to entry long on opening new candle or to entry from H1, when indicator %WR 14 oversold area,

here the sample, make it simple and......always smile

cheers
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  • #1,720
  • Jun 18, 2013 5:26am Jun 18, 2013 5:26am
Quoting mrhb30jr
{quote} Hi Purec, Here my tips and filter to using this method,..... i just add rsi 9 and force index, weekly up, D1 MCAD up, RSI 9 above 0 green, and Force Index above 0 = Up Trend Movement Entry only buy , IF yesterday Price Close below opening price, i'm looking to entry long on opening new candle or to entry from H1, when indicator %WR 14 oversold area, here the sample, make it simple and......always smile cheers {image} {image}
How often has this proved superior to doing it the conventional way?

It looks exactly the same as what we're doing right now. The RSI is identical to the WR%.
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