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Promised EA system

  • #661
  • Dec 24, 2013 8:16pm Dec 24, 2013 8:16pm
Keep Christ in Christmas.

Inserted Video
Follow me to the Promised Land
  • #662
  • Dec 24, 2013 10:29pm Dec 24, 2013 10:29pm
Hi, Xlitang:

Merry Christmas!
Thank you for your great strategy and wish you to add few "0" to your account balance.
  • #663
  • Dec 24, 2013 10:37pm Dec 24, 2013 10:37pm
Quoting Sunnybeach
Hi, Xlitang: Merry Christmas! Thank you for your great strategy and wish you to add few "0" to your account balance.
Thank you.

Lord`s willing. Wish every one a pipful New Year.
Follow me to the Promised Land
  • #664
  • Dec 25, 2013 1:36pm Dec 25, 2013 1:36pm
Merry Christmas guys!

lets keep moving towards the Promised Land!!!
  • #665
  • Dec 25, 2013 11:15pm Dec 25, 2013 11:15pm
Hi xlitang,

For live version with both Promised and FishNet features. Does this mean the order level remain same for both if activated accordingly?
Promised: unlimited
FishNet : 14 level

Is it possible to set 14 level for Promised as well?

Thanks and Happy Boxing Day!
  • #666
  • Dec 25, 2013 11:31pm Dec 25, 2013 11:31pm
Quoting sam2vt
Hi xlitang, For live version with both Promised and FishNet features. Does this mean the order level remain same for both if activated accordingly? Promised: unlimited FishNet : 14 level Is it possible to set 14 level for Promised as well? Thanks and Happy Boxing Day!
Actually both are limited to 14 levels
Follow me to the Promised Land
  • #667
  • Dec 26, 2013 9:05am Dec 26, 2013 9:05am
Quoting TyLamai
{quote} Ok xlitang, here goes: http://www.myfxbook.com/members/TyLa...ex-live/779629 Hope it works. Regards, Ty NB: Hoping to intensify (i.e. expand to the core9 pairs) as soon as the final EA is released and tested!
Would you please tell me which pairs are used in EA?
  • #668
  • Dec 26, 2013 9:17am Dec 26, 2013 9:17am
Quoting Sunnybeach
{quote} Would you please tell me which pairs are used in EA?
See post#1 for what I referred to as the Core9 Pairs.

Regards,

Ty

NB: I decided to start with the Core4 Pairs as recommended by xlitang just to "get a feel" of trading the EA live. Core4 Pairs = EU, AU, GU, & UJ.
My job: I speculate and manage risk.
  • #669
  • Dec 27, 2013 4:17am Dec 27, 2013 4:17am
Like sammer would say, this is the "negative cycle" in effect! It's days like this that am happy I opted to trade the core4!

Ty
My job: I speculate and manage risk.
  • #670
  • Dec 27, 2013 11:42am Dec 27, 2013 11:42am
http://www.myfxbook.com/members/garf...se-live/782299

something to analyze...
  • #671
  • Dec 27, 2013 12:01pm Dec 27, 2013 12:01pm
some pairs going up 200 pips or more. Promised seems that cant handle it.

Xlitang you say at first post that after 8 level u place take profit at just 5 pips, but demoing i couldnt see that and also for garfield's account (shown above) the same
  • #672
  • Dec 27, 2013 12:17pm Dec 27, 2013 12:17pm
Quoting Marck
[url]http://www.myfxbook.com/members/garfield75/promise-live/782299[/u you use ] something to analyze...
Wow! Did you use fishnet or promised? Also, did you trade the WHOLE core9 pairs (I couldn't help noticing GBPAUD in there somewhere)? Final question...since you funded your account with $750, did you use a starting lotsize of 0.03?

Please the above questions will help me analyze better.

Today has been rough so far - I had a DD of 30%+. On top of this the FACT that there isn't a red news item today! So far some measure of stability has returned to the market but the negative cycle is still somewhat in place for now.

Like I said above thank God I opted for the core4 - using BOTH the fishnet & promised EAs.

Regards,

Ty
My job: I speculate and manage risk.
  • #673
  • Dec 27, 2013 12:32pm Dec 27, 2013 12:32pm
Quoting TyLamai
{quote} Wow! Did you use fishnet or promised? Also, did you trade the WHOLE core9 pairs (I couldn't help noticing GBPAUD in there somewhere)? Final question...since you funded your account with $750, did you use a starting lotsize of 0.03? Please the above questions will help me analyze better. Today has been rough so far - I had a DD of 30%+. On top of this the FACT that there isn't a red news item today! So far some measure of stability has returned to the market but the negative cycle is still somewhat in place for now. Like I said above thank...
Ty is not my account it's Garfield's. By the way is a 75000$ account and all the info is public which helps a lot to analyze everything

Regards
  • #674
  • Dec 27, 2013 1:41pm Dec 27, 2013 1:41pm
I am out of town. What pairs moved 200 pips?
Follow me to the Promised Land
  • #675
  • Dec 27, 2013 1:52pm Dec 27, 2013 1:52pm
Quoting xlitang
I am out of town. What pairs moved 200 pips?
EUR/JPN, EUR/AUD,EUR/USD...
  • #676
  • Dec 27, 2013 2:27pm Dec 27, 2013 2:27pm
As I said before, it isn't the news that will get you, it's the unexpected.

My EURUSD demo blew, but my AUDCAD survived with no issues.

Anpar
  • #677
  • Dec 27, 2013 2:36pm Dec 27, 2013 2:36pm
Quoting Anpar
As I said before, it isn't the news that will get you, it's the unexpected. My EURUSD demo blew, but my AUDCAD survived with no issues. Anpar
Looks you were right Anpar, any advice for avoid the unexpected?
  • #678
  • Dec 27, 2013 3:37pm Dec 27, 2013 3:37pm
Trades closed for the weekend.

I can see a whole LOT of blown accounts between yesterday and today from some members here. I can't say why that happened BUT I can share why my live account survived:

#1. I traded ONLY the following pairs: EU, AU, GU, and UJ
#2. I DOUBLE traded them using BOTH the FishNet & Promised EA (thereby doubling both my potential risk and reward I guess)
#3. I ensured that my live account IS properly funded.

And now that it's the weekend, I have CLOSED ALL open trades and shut down for the weekend. I am lucky in that the "negative cycle" came to a TIDY end at the end of trading today - ALL I left on the table was $3 or so.

I started trading on the 20th so today is about 5Days of trading live and I have made a 8.46% ROI on my account. I can live with that with NO complaints!

Like I mentioned somewhere above, I hit a DD of 30.95% and am NOT happy or comfy with that at all - next week I MAY reduce my lotsize to 0.01 (instead of the 0.02 I used this week) just to further FORESTALL a repeat of such high DDs. We'll see.

Hope y'all have a gr8t weekend.

Regards,

Ty
My job: I speculate and manage risk.
  • #679
  • Dec 27, 2013 3:42pm Dec 27, 2013 3:42pm
Quoting Anpar
As I said before, it isn't the news that will get you, it's the unexpected. My EURUSD demo blew, but my AUDCAD survived with no issues. Anpar
Is it possible to figure out why your EU account blew while the other one survived?

Ty
My job: I speculate and manage risk.
  • #680
  • Dec 27, 2013 4:06pm Dec 27, 2013 4:06pm
Quoting Marck
{quote} Ty is not my account it's Garfield's. By the way is a 75000$ account and all the info is public which helps a lot to analyze everything Regards
Firstly, from what I can see sir - and I may be wrong - Garfield's account would tend MORE towards a nano (micro) account than a standard account so I will stay with my initial guess that he started it with 75,000 CENTS ( = $750) and not $75,000. Also, I would think that he WON'T sit around and watch 75 LARGE drain away so easily. Hey that's just my 2 cents.

Secondly, I think he MAY have either experimented with pairs other than those recommended by xlitang, OR he may have mistakenly used GBPAUD. This is NOT to say that if this pair wasn't among his choices things would have fared better. But then again...what's wrong with trading ONLY four pairs?

xlitang said:

Quote
If you have 1K and trade micro account (1 pip is one cent) and startling lot is 0.01 and trade 9 pairs at the same time,

you will double your account in about two months, running almost 24x5.

But AGAIN I ask: What's the HURRY to "double your account in about two months"? The FACT that it can be done shouldn't mean that you must do it does it?

Thirdly, I also suspect that he opted for the Promised EA as against the FishNet EA which we all know is the more aggressive of the two EAs. Promised would take trades where FishNet wouldn't DARE!

Anyway - this is how I see it and like I said, I probably am wrong. Do your own analysis and arrive at a conclusion acceptable by you.

Regards,

Ty
My job: I speculate and manage risk.
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