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Xandi mysterious Pyramid

  • #221
  • Edited 3:39am Jun 26, 2013 3:23am | Edited 3:39am
Quoting Tomoney
{quote} Hit TP @ 93100 +35 pips
nice catch!the secret in this system is also catch this 30/50 pips, if we want more, than we use SL to lock the profit
Im writing down all IF conditions, for example, now I could have go long again only more than 20 pips below last Max.,preferable 50 pips in order to reenter..depends if is trending or not on low TF.
  • #222
  • Jun 26, 2013 8:11am Jun 26, 2013 8:11am
Quoting xandi
{quote} nice catch!the secret in this system is also catch this 30/50 pips, if we want more, than we use SL to lock the profit Im writing down all IF conditions, for example, now I could have go long again only more than 20 pips below last Max.,preferable 50 pips in order to reenter..depends if is trending or not on low TF.
See what ive told you? Price reached max at 9315 on uk, then retrace 50 pips(9265), and there we should reentered again...simple! Preferable with pending orders...
  • #223
  • Jun 26, 2013 4:52pm Jun 26, 2013 4:52pm
Bro's!!! sincerely, on vacation better that pyramid not appear!
Since strategye summary is complete with posts above,i start to share fotos on holidays
  • #224
  • Jun 26, 2013 6:42pm Jun 26, 2013 6:42pm
The account still growing!those who keep go long are not bad, for sure! Cheers
  • #225
  • Jun 27, 2013 2:40am Jun 27, 2013 2:40am
Quoting Tomoney
At the moment I have opened short position on ucad. It's underwater now, but don't care, because I have pending order and I can build pyramid
What I said I wanted to improve my gains. It took 3,5 day to reach the level of +45 pips on this trade. There would be no problem to close it earlier with less money, but I was curious how long could it take. I had set pending order in the case it would go wrong, but the price did't activate it during this 3 days. Good entry point is a very good security.
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  • #226
  • Jun 27, 2013 3:53am Jun 27, 2013 3:53am
Quoting Tomoney
{quote} What I said I wanted to improve my gains. It took 3,5 day to reach the level of +45 pips on this trade. There would be no problem to close it earlier with less money, but I was curious how long could it take. I had set pending order in the case it would go wrong, but the price did't activate it during this 3 days. Good entry point is a very good security. {image}
Perfectly traded!you're becoming an egypcian bro!
  • #227
  • Jun 27, 2013 6:31am Jun 27, 2013 6:31am
HI xandi !

I hope (and it seems) that you are doing well !

Do you think that your strategy could be translated in an EA ?

If so, would you give me clear rules to entry, pyramid and exit ? I could write such EA and do all the back-tests, it could be interesting to see what parameters work best and on which pairs...

Let me know.
Simplicity is the Ultimate Sophistication.
  • #228
  • Edited 7:33am Jun 27, 2013 7:03am | Edited 7:33am
Quoting broketrader
HI xandi ! I hope (and it seems) that you are doing well ! Do you think that your strategy could be translated in an EA ? If so, would you give me clear rules to entry, pyramid and exit ? I could write such EA and do all the back-tests, it could be interesting to see what parameters work best and on which pairs... Let me know.
Hello brotrader!
Yes, thats the proposal, to code this to ea/script...half way is done, i havr written all the if conditions to related orders,that.s all it needs to be coded.
It can be traded any pair, check the strategye summary...I think you use a similar strategye, as I told you before about your Non-cume return chart.
Now im on holidays and writing on phone, next week we talk better!
Cheers
  • #229
  • Jun 27, 2013 7:13am Jun 27, 2013 7:13am
Okay man, profit from your holidays.

I hope you have warmer weather than us. Here in Switzerland, it's coldly.
Simplicity is the Ultimate Sophistication.
  • #230
  • Jun 28, 2013 10:50am Jun 28, 2013 10:50am
Quoting thodie
i guess price will make one more dive, i have placed a pending long at 91.01. additional a half size at 91.51 4h / 8h / 12h TF 2nd picture, comparing fractals, on 6h chart, looks similar, especially the wicks on MA20 {image} {image}
first Pending hit actually floating +12
just do it
  • #231
  • Jun 30, 2013 4:15pm Jun 30, 2013 4:15pm
Quoting xandi
The account still growing!those who keep go long are not bad, for sure! Cheers
Nearly 60% down today. Does this call for some kind of tweaking to the system. Do you have the same trades on your live account?

TF
  • #232
  • Edited 4:20am Jul 1, 2013 3:53am | Edited 4:20am
hey bro´s, how´re you doing?
arrived today from tropical hot, just in time to see mY TP working!
I took a small loss -70$ this time, I desearve it, since I made 2 mistakes disrespecting the Strategye Summary, on the entry and on the reinforcment (I don´t know why you guys didn´t point it):

Entry: I entered when price was touhing te ICH Cloud on 4h TF
Reinforcement: the last one, I scaled only 50 pips below, when should be 90/100 pips...price went down 100 pips and was difficult to jump off on Breakeven.

Hi TF, yes I have similar trades on live account, the dropdown was higer cause I also disrespected a little the lot size entry, should have been 0.3, but I´m at my own risk! it´s supposed to work as it did!

At the end, the system worked simple again,and we do learn and improoved it, that´s the proposal!!
  • #233
  • Jul 1, 2013 4:18am Jul 1, 2013 4:18am
http://1.bp.blogspot.com/_e6qw8-rprQ...mais+forte.jpg
  • #234
  • Jul 1, 2013 4:41am Jul 1, 2013 4:41am
Quoting thodie
{quote} first Pending hit actually floating +12
exit now +44

@xandi, your last positions were risky and able to destroy your account. Maybe you should add some exit/reentry rules?
just do it
  • #235
  • Jul 1, 2013 4:47am Jul 1, 2013 4:47am
Quoting thodie
{quote} exit now +44 @xandi, your last positions were risky and able to destroy your account. Maybe you should add some exit/reentry rules?
no Thodie, there´s no exit rules, the rules are all written, and if played by the rules was nothing like risky!
I should have entried half lot size for account size (yes I agree), and should only had reinforced 100 pips below and not 50..
even in that way, still worked, because price can´t drop 300 pips without significante retrace after that, everybody should know that!
  • #236
  • Jul 1, 2013 6:28am Jul 1, 2013 6:28am
Example of reinforce/scaling:

when level is broken, on this pair, count 90/100 pips, like is written on Strategy Summary, like happened on the last friday moove..that should be a reinforcement strategy:
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  • #237
  • Edited 9:37am Jul 1, 2013 9:25am | Edited 9:37am
Another TP hit, +50 pips!
keep rolling, this week I will focus my energye on developing the EA, so I can be enjoying while machine is trading by my own!
  • #238
  • Jul 1, 2013 10:38am Jul 1, 2013 10:38am
Hello everybody,
Today I could see another time how excellent works this pyramid system I entered long on nzdusd on Friday. The price went down and activated my pending order 90 pips below the first entry. Three hours ago I closed both trades where the second, earned twice what the first lost. Have a look

At the moment I am short on ucad targeting some 1,045 areas.
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  • #239
  • Edited 12:09pm Jul 1, 2013 11:17am | Edited 12:09pm
Quoting Tomoney
Hello everybody, Today I could see another time how excellent works this pyramid system I entered long on nzdusd on Friday. The price went down and activated my pending order 90 pips below the first entry. Three hours ago I closed both trades where the second, earned twice what the first lost. Have a look At the moment I am short on ucad targeting some 1,045 areas. {image}

fantastic!!! I pyramidated last week with a little torment in the middle, that happen when your trading on the beach!!
You give us another lesson how to pyramidate smooth, with skills and on cruise mode!
you even close your pyramid greater than BE!!! I´m delighted to see
  • #240
  • Jul 1, 2013 12:40pm Jul 1, 2013 12:40pm
I´ll try to reenter long at 9220 or 9200..still have room to go up..if anyone see other good pair with strategye conditions, please advise..
Tom, later will check that USDCad..I´m posting this asia more, it will move harder☆
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