if we dont post, im sure this thread is going to die soon now at eurusdd is away. he will revive it after his resurection, maybe next year
- Post #6,541
- Quote
- Aug 20, 2014 3:25pm Aug 20, 2014 3:25pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- Post #6,542
- Quote
- Aug 20, 2014 3:27pm Aug 20, 2014 3:27pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
FreeFox thanks for the latest update! It's behaving alot better and I love the developing zone! Cheers!
A pip is only worth it if you know how much you risked to earn it
- Post #6,543
- Quote
- Aug 20, 2014 3:41pm Aug 20, 2014 3:41pm
FreeFox thanks for the latest update! It's behaving alot better and I love the developing zone! Cheers!
I'm working on better "developing zone" code logic - It's actually pretty complex tracking them real-time, but I'll hopefully get it 100% sorted soon.
Hope it's proving useful making your trading decisions.
I'm actually going through all the TZ posts again to try and work out my trading strategy around using them as I've not yet fully grasped the approach to how to best use them at the moment. But will persist ...
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
- Post #6,544
- Quote
- Aug 20, 2014 3:46pm Aug 20, 2014 3:46pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- Post #6,545
- Quote
- Aug 20, 2014 3:54pm Aug 20, 2014 3:54pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- Post #6,546
- Quote
- Aug 20, 2014 4:05pm Aug 20, 2014 4:05pm
*** Shoot for the moon. Even if you miss, you'll land among the stars. ***
- Post #6,547
- Quote
- Aug 20, 2014 4:27pm Aug 20, 2014 4:27pm
- | Joined Oct 2013 | Status: the world spins around. | 242 Posts
"I belong to a small trading group of five persons. We have been analyzing the forex market :EURUSD: for a while now and each person has a probability of success p (o<p<1) obtained from averaging his past calls.
So, if X says eurusd will rise to 1.23 within the next 3 hrs and his current probability of success is 45%, the group will identify his call with that number.
The more correct calls he makes, the higher p will be. In that way, he is motivated to make better calls and the group advances ....
We are not really interested in how he came about his decision, our group position is based on his p.
If I make 100 calls here and 90 of them are right and you place 10 pips stop loss each time and follow the simple rule above, you will benefit from my presence here more. But if I just give you an indicator and vanish,
." - EURUSDD
So, if X says eurusd will rise to 1.23 within the next 3 hrs and his current probability of success is 45%, the group will identify his call with that number.
The more correct calls he makes, the higher p will be. In that way, he is motivated to make better calls and the group advances ....
We are not really interested in how he came about his decision, our group position is based on his p.
If I make 100 calls here and 90 of them are right and you place 10 pips stop loss each time and follow the simple rule above, you will benefit from my presence here more. But if I just give you an indicator and vanish,
." - EURUSDD If you fall, I shall be there. - The floor
- Post #6,548
- Quote
- Aug 20, 2014 4:42pm Aug 20, 2014 4:42pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- Post #6,549
- Quote
- Aug 20, 2014 4:49pm Aug 20, 2014 4:49pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
A pip is only worth it if you know how much you risked to earn it
- Post #6,552
- Quote
- Aug 20, 2014 5:57pm Aug 20, 2014 5:57pm
anyhow..this stuff is crazy! thanks to eurusd and madmoney! i guess you just changed my life and my view to forexstill i'm finetuning the settings but with just 1 pair (usd/eur) from 1pm to 6pm i have already 7 beauties with no loss...
can't thank you enough! in the beginning i thought i never get that but the more you try and try and watch set up's you suddenly see the light.. {image}
your setup looks quite nice, would you mind sharing the EXACT indicators and maybe a template ?
That would be great ...
Thanks a lot !
"We are all just prisoners ... of our own device ..." (Hotel California)
- Post #6,554
- Quote
- Edited at 9:07pm Aug 20, 2014 8:25pm | Edited at 9:07pm
- | Additional Username | Joined Aug 2014 | 73 Posts
- Post #6,555
- Quote
- Aug 20, 2014 8:57pm Aug 20, 2014 8:57pm
- | Additional Username | Joined Jul 2012 | 124 Posts
xxxxx .... If I make 100 calls here and 90 of them are right and you place 10 pips stop loss each time and follow the simple rule above, you will benefit from my presence here more.
This post is a good REMINDER .... thanks. Oh yes, i remember of it until now. And i will try to more CAREFUL in putting an order now, and try do Not too Active in buying/selling a pair, if it is not really needed. We do not know when Market will act against us, so a stop loss is needed - yes i am agree with this.
In my opinion, if we are just following a call without good money management, this is dangerous. My max loss is 2.5% - 3% (may be this is bigger than normally trader use, 2%) , but so far so good. I have followed Eurusdd's calls so many times, and probability of win is big. And i think with good money management, my account should be ok.
One question:
Some of us choose hedging instead of stop loss. Do you know which one is better ?
We can wait for good opportunity to close the hedging+original orders, and end with a win. But if we hold it too long, we must pay for swap
Any idea?
- Post #6,557
- Quote
- Edited at 9:57pm Aug 20, 2014 9:45pm | Edited at 9:57pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
NEXT MAJOR SUPPORT FOR TARGET ON SHORTS 1.3095. ENJOY.
Observation, When you catch a trend you will be more profitable letting your profits run. reserve scalping for when you observe a tight range. alternatively you can exit short at pivot and reentershot on retracement. add shorts at every opportunity and you will be more profitable. im gone back to my swing trades for now, in and out in and out. minimum of 10pips profit.
im short at 1.32551 letting profits run until i spot reversal. will add more shorts on retracements. not smart to be scalping in a trend when you can let profits run. i will scalp when range starts. thanks to eurusdds strategy i have refined my swing trade and daytrade entries entries to the pip. @eurusdd
happy trading
Observation, When you catch a trend you will be more profitable letting your profits run. reserve scalping for when you observe a tight range. alternatively you can exit short at pivot and reentershot on retracement. add shorts at every opportunity and you will be more profitable. im gone back to my swing trades for now, in and out in and out. minimum of 10pips profit.
im short at 1.32551 letting profits run until i spot reversal. will add more shorts on retracements. not smart to be scalping in a trend when you can let profits run. i will scalp when range starts. thanks to eurusdds strategy i have refined my swing trade and daytrade entries entries to the pip. @eurusdd
happy trading
- Post #6,558
- Quote
- Aug 21, 2014 1:52am Aug 21, 2014 1:52am
- Joined Nov 2013 | Status: Member of the 5% club | 1,344 Posts
{quote} strange. I do not see any problems. I saw all the previous ones you called though...I do see smooth sailing to 1.3110. You've not been wrong yet though, so Thanks for the heads up as usual!
{quote} ...hmmm...still beg to differ..for now. 3110 still in my crosshairs...
nuf said...
Understanding liquidity, Time Action and Price Action is priceless!
- Post #6,560
- Quote
- Aug 21, 2014 2:40am Aug 21, 2014 2:40am
- | Additional Username | Joined Jul 2012 | 124 Posts