Adaptarse es la clave
- #65,662
- Edited 4:56pm Feb 13, 2014 4:31pm | Edited 4:56pm
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
{quote}I, for one, will never purchase anything from the F...king MetaQuotes "Store". If I could, I feel I'd like to bomb the damn place!
Literally made me laugh out loud.
I couldn't agree with you more TAH, its ridiculous..
I would just like to add in addition to my previous post about GJ there is even more high impact news the following day!
Anyone have any opinions they'd like to add? Keeping my eye on this one if we get another pump up on it in tonight's LS/NY sessions.
I'm making a big call in saying I think this could bring about the beginning of the end for the YEN sting
- #65,667
- Feb 13, 2014 5:58pm Feb 13, 2014 5:58pm
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
My modes right now, and the whole weekend. The more i dig down into the new build, the more i'm seeing problem. finger crossed.
New build is fine, as long as you dont screw up old functions. Yes we cant keep on supporting old functions, but for god sake, you are still in MT4, main MT4 function should works as the old MT4, you cant just said, "we deploy a new version of MT4 that use MT5 based" then whats the purpose of having MT4 in the first place. If you want to do that, might as well just kill off MT4, and deploy MT5 to all traders. geez, i thought my company development practice is the worse.
New build is fine, as long as you dont screw up old functions. Yes we cant keep on supporting old functions, but for god sake, you are still in MT4, main MT4 function should works as the old MT4, you cant just said, "we deploy a new version of MT4 that use MT5 based" then whats the purpose of having MT4 in the first place. If you want to do that, might as well just kill off MT4, and deploy MT5 to all traders. geez, i thought my company development practice is the worse.
A little distraction from the 600 
This in all honesty should be in the newbie section but we all tend to forget from time to time I guess. And also for the benefits of the new traders stumbling upon this thread.
Reckless position building
I have a EU short built recklessly 2 week ago with an average entry price of 1.3550. Given the current price now, that is a about 150 pip loss per entry! I had 4 entries so that is a whopping 600 pip draw down! Let this sink in a bit.
Now I am still holding the position, to bail out or not is a seperate discussion. My account needs to support the open positions and the 600 pip draw down which it can but because it is small, my account is actually crippled as there is not enough margin available to take other trades. Let this sink in also.
With the account crippled I have been missing trade after trade with way better setups for the 2 weeks I've been holding the shorts. What will the losses be if you take the missed trades into consideration? Think about this!
THIS IS ONE WAY OF LOOKING AT THINGS AND AN ATTEMPT TO HIGHLIGHT THE TROUBLE YOU CAN GET INTO. CONSIDERING THIS ARGUMENT BEFORE YOU JUMP INTO THINGS WILL DO YOU WAY MORE GOOD THAN HARM. THIS IS NOT TO SAY YOU CAN'T BUILD, YOU JUST NEED TO KNOW WHAT YOU ARE DOING AND WHY YOU ARE DOING IT FIRST
This in all honesty should be in the newbie section but we all tend to forget from time to time I guess. And also for the benefits of the new traders stumbling upon this thread.
Reckless position building
I have a EU short built recklessly 2 week ago with an average entry price of 1.3550. Given the current price now, that is a about 150 pip loss per entry! I had 4 entries so that is a whopping 600 pip draw down! Let this sink in a bit.
Now I am still holding the position, to bail out or not is a seperate discussion. My account needs to support the open positions and the 600 pip draw down which it can but because it is small, my account is actually crippled as there is not enough margin available to take other trades. Let this sink in also.
With the account crippled I have been missing trade after trade with way better setups for the 2 weeks I've been holding the shorts. What will the losses be if you take the missed trades into consideration? Think about this!
THIS IS ONE WAY OF LOOKING AT THINGS AND AN ATTEMPT TO HIGHLIGHT THE TROUBLE YOU CAN GET INTO. CONSIDERING THIS ARGUMENT BEFORE YOU JUMP INTO THINGS WILL DO YOU WAY MORE GOOD THAN HARM. THIS IS NOT TO SAY YOU CAN'T BUILD, YOU JUST NEED TO KNOW WHAT YOU ARE DOING AND WHY YOU ARE DOING IT FIRST
I want more brain power!
- #65,671
- Edited 10:13pm Feb 13, 2014 10:00pm | Edited 10:13pm
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
Added a long scout on UJ near support as I see high volume at the lows supporting price..
- #65,673
- Feb 13, 2014 11:17pm Feb 13, 2014 11:17pm
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} Closed EU short trade earlier for 1pip loss. Took two long positions and TP's are set and visible on chart. I'm over 90% sure that we will hit first TP pretty soon and maby 50% sure that second will be hit soon after that. In this state of mind, I consider this as least risky trade. If all goes well, I will share an explanation with fresh way of seeing things.{image}
need to take tight care with this trade. It's with my live account and both positions are four times my normal single entry size...
I know the secret...
- #65,674
- Feb 13, 2014 11:38pm Feb 13, 2014 11:38pm
- Joined Jan 2013 | Status: Trader | 1,107 Posts
USD/CHF - BULL Nonetheless...Action is stronger than words. {image}
Be carefull with longs! Wait for proper setup
I know the secret...
- #65,675
- Feb 13, 2014 11:39pm Feb 13, 2014 11:39pm
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #65,676
- Edited Feb 14, 2014 2:05am Feb 13, 2014 11:45pm | Edited Feb 14, 2014 2:05am
{quote} New 600 Build = Profits for MetaQuotes and Crap for the Users! ...
have you tried to use the SonicR indicators I modified and posted on Feb 5 ?
I repost the modifications now again without zip file.
They are based on the latest public version of your SonicR templates.
2013 Upgrade Release of Sonic R. System Indicators & Templates
- go with explorer into folder C:\Program Files\<your MetaTrader install folder>\MQL4\Indicators
- create new folder "SonicR"
- copy indicators from this posting into folder C:\Program Files\<your MetaTrader install folder>\MQL4\Indicators\SonicR
- open MetaEditor and open folder MQL4\Indicators\SonicR in its Navigator
- open all SonicR indicators and compile each (0 errors and 0 warnings)
- copy the template "sonicr 2013 - white.tpl" from this posting into the folder C:\Program Files\<your MetaTrader install folder>\templates
- open a new chart in MetaTrader and select the template "sonicr 2013 - white" (right mouse menue over chart -> Template -> "sonicr 2013 - white")
- switch timeframes (M15->M30->M15), otherwise the clock is hidden
- now you should see your template working fine
Edit: updated file again, 0 warnings now
picture of MT4 v600 SonicR template
have fun
atstrader
- #65,677
- Feb 14, 2014 12:17am Feb 14, 2014 12:17am
- | Additional Username | Joined May 2013 | 724 Posts
{quote} Sir tah, have you tried to use the SonicR indicators I modified and posted on Feb 5 ? I repost the modifications now again without zip file. They are based on the latest public version of your SonicR templates. {quote} Install instructions: - go with explorer into folder C:\Program Files\<your MetaTrader install folder>\MQL4\Indicators - create new folder "SonicR" - copy indicators from this posting into folder C:\Program Files\<your MetaTrader install folder>\MQL4\Indicators\SonicR - open MetaEditor and open folder MQL4\Indicators\SonicR...
I want more brain power!
- #65,678
- Feb 14, 2014 1:07am Feb 14, 2014 1:07am
- Joined Aug 2012 | Status: Trends, Levels, Confirmation, Bayes | 1,834 Posts
Build good relationships with others.
- #65,679
- Edited 1:24am Feb 14, 2014 1:13am | Edited 1:24am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #65,680
- Feb 14, 2014 1:40am Feb 14, 2014 1:40am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
USDCHF
Short trade entered
TP set at 0.8830
Short trade entered
TP set at 0.8830
I know the secret...