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  • #181
  • Jul 30, 2014 6:55am Jul 30, 2014 6:55am
Quoting Jysticim
@ spyderman Ye, I forgot that. Always used an lot calculator. @ Victor_ray I totally agree with you, I only wanted to point out that if you change the SL the previous days would change also. Plus I made a wrong calculation we still need to use the 34 pips SL to calculate the lot size only. We set the SL on for example 20 pips with the calculated lot size on 34 pips SL. A useful tool to calculate lot sizes http://www.babypips.com/tools/forex-...sitionsize.php. Always use the 34 pips SL. Sell Day 31(Yesterday, closed today):...

Could you please explain your method of trading again?. I couldn't quite get the essence of your trade which is in the first page. Please do tell easy way
  • #182
  • Jul 30, 2014 8:04am Jul 30, 2014 8:04am
@civilpes2001

The super short way: Getting random entry's work. Because mathematical it is really simple I hope you understand that.

My expectations were right, the trade of today is done.

Sell Day 32(Today):
Open 1.34016
Close 1.33943 Gain: -73// -7.3 Pips
7.3 Pips x (0.00001/1.33943)x(972$ x 200) = -105$ +972$ = 867$

Green pipping to everyone
  • #183
  • Jul 30, 2014 1:48pm Jul 30, 2014 1:48pm
The results March 2014:
From 3-1-2014 till 4-1-2014
Leverage 1:200
Start with 100$
SL 34 pips or yhigh/ylow
No TP

Total gain: 4323 Points // 432,3 Pips
Ending 1361$
Growth: 1361%
Biggest DD: 76%
Biggest Growth: 6846%
3 losses in a row
7 wins in a row

Conlcusion:
The results are fair enough for 1 month. But I think we can do much better. I am thinking about a hourly strategy etc. As for daily I think, needs still some testing, that we are going to use the idea of spyderman, with ATR etc.

Green pipping to everyone
Attached Image
Attached File(s)
File Type: docx March.docx   18 KB | 287 downloads
  • #184
  • Edited Jul 31, 2014 12:42am Jul 30, 2014 9:35pm | Edited Jul 31, 2014 12:42am
Day 3: July 30, 2014
Result: -14.88%

Attached Image (click to enlarge)
Click to Enlarge Name: 7-30-2014 - Closed Trade.png Size: 9 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 7-30-2014 - Log.png Size: 56 KB


I couldn't believe the news went against me randomly.. lol.. But anyway good thing I have hard stoploss, hunted just about enough and then retrace.



----

Today Bet
Day 4: July 31, 2014

Attached Image (click to enlarge)
Click to Enlarge Name: 7-31-2014 - Entry.png Size: 61 KB


Let's hope I don't lose 2 day in a row...lol..
  • #185
  • Jul 31, 2014 12:49am Jul 31, 2014 12:49am
Now that the bet is loaded before the news "Coincidentally" before My 5:00 candle

Hopefully I will get get daily result in about 4 hr from now.

In the mean time I will "guess" the result of news good or bad to pass time.

1) German Retail Sales m/m <-- good news

2) French Consumer Spending <-- bad news

3) German Unemployment Change <-- good news

4) Italian Monthly Unemployment Rate <-- good news

5) CPI Flash Estimate <-- good news at 0.7%

6) Core CPI Flash Estimate <-- standard: at 0.7%

7) Unemployment Rate <-- good news at 10.4%

8) Italian Prelim CPI <-- bad news

----
If I happen to get 95% of the prediction right.
DO NOT pm me because it's just a "guess nothing more " .
  • #186
  • Edited 4:05am Jul 31, 2014 1:01am | Edited 4:05am
This is post is just for bragging lucky right.... (since It will be bad if i edit previous post people will think I am cheating lol)

1) German Retail Sales m/m <-- Prediction True.

2) French Consumer Spending <-- Prediction False.

3) German Unemployment Change <-- Prediction True.

4) Italian Monthly Unemployment Rate <-- Prediction True.

5) CPI Flash Estimate <-- Prediction False.

6) Core CPI Flash Estimate <-- Prediction True.

7) Unemployment Rate <-- Prediction True.

8) Italian Prelim CPI <-- Prediction True.


Ok So Result Count:

I get 6 Right Predictions and only 2 Wrong predictions. I am so lucky!
  • #187
  • Jul 31, 2014 2:13am Jul 31, 2014 2:13am
I see lots of people lost interest.
  • #188
  • Edited 4:06am Jul 31, 2014 2:41am | Edited 4:06am
Quoting Jysticim
I see lots of people lost interest.
Problem I notice on the thread:

1) The 1st post is unclear and need a Clear Neat Format that newbies can understand about the "system".

2) The author is not active enough in term of showing "chart example" of entry like "your rule say if candle is bullish how bullish does it need to be? not every bull candle look the same that's why YOU the author who experience in seeing the different type of bull need to take screen shot of those entry so people can learn how you see the bull candle/bear candle etc..

3) You post your daily result in a format that many people are confuse. People don't need to see point, just pip is the standard notation is enough. Your 0.0001 math make thing look complex can confusing to the eye it make a pain to read your profit and loss..

---
If you make those 3 changes then people will be interest since they actually understand what they are looking at...

As for me, I just want to point some of the "myth and fear that people think gambling/high risk system" can not win.

Live order bet usually clear all doubt... because live result is the truth.
  • #189
  • Jul 31, 2014 2:56am Jul 31, 2014 2:56am
I think it would be fairly easy to build an EA to backtest Jysticim's and Victor's version of this strategy.

I just wonder why both of you guys had choosen the "rocky way" (i.e. live forward testing) to find out its viability, instead of getting the answer within days...
  • #190
  • Jul 31, 2014 3:13am Jul 31, 2014 3:13am
Quoting FxMasterGuru
I think it would be fairly easy to build an EA to backtest Jysticim's and Victor's version of this strategy. I just wonder why both of you guys had choosen the "rocky way" (i.e. live forward testing) to find out its viability, instead of getting the answer within days...
I am sure that it's "natural" that before anyone play live, they have to do at least a "paper backtest using EA or Manual historic back test" and if the result is "promising" . THEN you would play live...

You don't see me or the author tell people to play ANY PAIR. I am not sure about the author but I did back test other pair manualy and it does not win.
Which is why I don't even WASTE time playing live on non eurusd pair.

However, there are EA that back test good profit but FAIL in live because guess what ... "There is no guarantee that back test will produce similar result in REAL life.... Remember people the market can DO what EVER it Want at ANY TIME randomly.

There might be a chance that if you back test other pair and FAIl .... when you play live you might WIN due to luck streak months...
But I am not stupid to gamble live on something that Fail in back test...

EurUsd does good on back test which is why I have "HOPE that live will be similar but no guarantee as alway".
Beside playing live give you real money...
  • #191
  • Jul 31, 2014 3:43am Jul 31, 2014 3:43am
Quoting FxMasterGuru
I think it would be fairly easy to build an EA to backtest Jysticim's and Victor's version of this strategy. I just wonder why both of you guys had choosen the "rocky way" (i.e. live forward testing) to find out its viability, instead of getting the answer within days...
i have backtested on six different months in random years. 4 tests were blown accounts, 1 was OK, but not millionnaire and 1 actually worked. odds are not that bad, it is certainly do-able. i think you need to just get lucky that the month you try in, the price behaves
  • #192
  • Jul 31, 2014 3:51am Jul 31, 2014 3:51am
@ victor_ray

We have different candles and I post them live, my entries and stops.

For example if the SL not had been hitted my close of yesterdays trade is in 10 minutes.
  • #193
  • Jul 31, 2014 4:11am Jul 31, 2014 4:11am
Thanks for the feedback to all about preliminary backtest results.

I did not mean to find the Holy Grail by backtests, but if a 2-year backtest were a flop, then there would be no sense to run a live forward test. In other words, I would use backtest results only as a screening tool to eliminate "lemons".

@Victor Would you mind sharing your backtest results?
  • #194
  • Edited 4:45am Jul 31, 2014 4:25am | Edited 4:45am
I mark the 5:00 hr candle time frame and I get hind sight that "usually at this candle" is the deciding factor for the London opening direction...

I don't have the ability to create EA that can recognize "many variation of bullish candle... my eyes know which candle is bullish due to 4+ year experience...."

I post the picture daily chart just to show you I actually done some manual backtest, because I would have to post over...30 screen shot..of 1hr time frame which I am not going to do..

Attached Image (click to enlarge)
Click to Enlarge Name: eu_marking.png Size: 78 KB


Like I said previous post pages back... there is nothing I "do/action" is random. From the way my candle choice, to how I choose to Risk my MM ... it's all because I know it would win.

Anyway getting late on my side: 2:45 am going to sleep now. I hope I wake up with a win.
  • #195
  • Jul 31, 2014 5:34am Jul 31, 2014 5:34am
Quoting victor_ray
I don't have the ability to create EA that can recognize "many variation of bullish candle... my eyes know which candle is bullish due to 4+ year experience...."
well...i can help you there friend. a green candle is usually a bullish candle. took me about 2 secs to figure it out, why has it taken you +4 years of experience???





















only jk
  • #196
  • Jul 31, 2014 6:07am Jul 31, 2014 6:07am
lawl
  • #197
  • Jul 31, 2014 6:24am Jul 31, 2014 6:24am
Quoting TerryTibbs
{quote} well...i can help you there friend. a green candle is usually a bullish candle. took me about 2 secs to figure it out, why has it taken you +4 years of experience??? only jk
Hummmmmm...... I guess you see this green candle bullish, no ?

Attached Image (click to enlarge)
Click to Enlarge Name: greenbar.png Size: 9 KB
  • #198
  • Jul 31, 2014 7:29am Jul 31, 2014 7:29am
I had 2 successful trades yesterday on Gbp/Aud and Eur/Jpy. Different accounts, both doubled up. Again my "open" is the Tokyo.

Jysticim...I won't post any results if you don't want your thread cluttered with other pairs or open times, but I would think it would be of wider appeal if traders from different time zones can see the possibility of success. Just let me know.
  • #199
  • Jul 31, 2014 8:45am Jul 31, 2014 8:45am
Quoting Jysticim
The results March 2014: From 3-1-2014 till 4-1-2014 Leverage 1:200 Start with 100$ SL 34 pips or yhigh/ylow No TP Total gain: 4323 Points // 432,3 Pips Ending 1361$ Growth: 1361% Biggest DD: 76% Biggest Growth: 6846% 3 losses in a row 7 wins in a row Conlcusion: The results are fair enough for 1 month. But I think we can do much better. I am thinking about a hourly strategy etc. As for daily I think, needs still some testing, that we are going to use the idea of spyderman, with ATR etc. Green pipping to everyone {file} {image}
Could you post the excel sheet of these backtests? I'd love to see them in more detail.

Edit: I totally just realized that there is a .doc file attached at the end of the post... however, is february missing?
  • #200
  • Jul 31, 2014 9:57am Jul 31, 2014 9:57am
@ spyderman

I would love to see also other people posting charts if they want to. So we can determine better what needs to change, because yesterdays high/low is good enough but there is more to get. Are you already working with ATR of the pairs? I am still testing that out your idea and it is promising.

@ aravynn

Oh I thought that I already posted february before I went on holiday. Ill search the .doc for you.

To update everyone. I am working on increasing results of the daily strategy with working with ATR and other pairs.
I am also getting on the hourly.......would be fun to see the account grow 1000% a day, wouldn't it.

Green pipping to everyone
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