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  • #34,421
  • Oct 15, 2014 6:45pm Oct 15, 2014 6:45pm
Quoting HelloOz
{quote} Rising channel in down trend a.k.a. retracement if this break lower line.. retest of low should be next.. where is your stop loss DB?

http://www.forexfactory.com/attachme...1&d=1413281054
retest of low should be next. Never Happened!
Please review your own messages before criticizing others.
daddybearforex. com
  • #34,422
  • Oct 15, 2014 6:54pm Oct 15, 2014 6:54pm
Quoting HelloOz
{quote} 200pips underwater.. maybe i shld stop following you..
You did not use DBX to follow up UJ.
DBX changes the patterns from time to time.
Before big news, you should close all positions if you cannot take any DD.
Don't understand why you complained?
daddybearforex. com
  • #34,423
  • Oct 15, 2014 7:01pm Oct 15, 2014 7:01pm
Quoting DaddyBear
{quote} retest of low should be next. Never Happened! Please review your own messages before criticizing others.
never happened?

we retested the bottom yesterday..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB
  • #34,424
  • Oct 15, 2014 7:13pm Oct 15, 2014 7:13pm
Quoting DaddyBear
{quote} You did not use DBX to follow up UJ. DBX changes the patterns from time to time. Before big news, you should close all positions if you cannot take any DD. Don't understand why you complained?
I believe the problem is that DB cannot hedge any trades due to US account, therefore his method is like investor style. Problem with this is that money mgt is critical otherwise large dd if it goes against us like it has with UJ. Though if using dbx system itself would make profit. However this isnt explained to new users
  • #34,425
  • Oct 15, 2014 7:30pm Oct 15, 2014 7:30pm
Quoting BlkR
{quote} I believe the problem is that DB cannot hedge any trades due to US account, therefore his method is like investor style. Problem with this is that money mgt is critical otherwise large dd if it goes against us like it has with UJ. Though if using dbx system itself would make profit. However this isnt explained to new users
i'm fine with that..
but ive noticed that every time he has a losing positions, instead of admitting it.. he says something like

Quoting DaddyBear
{quote} Koala, thanks for your concern about my trading. Even if I really kept the positions until now, I have no fear. Hope my answer satisfies your curiosity.
i know that his losing position eventually become winning positions..
for example,
this trade was losing 110pips but ended up 80 pips win.. not a great R:R but not bad!
  • #34,426
  • Oct 15, 2014 7:49pm Oct 15, 2014 7:49pm
Quoting DaddyBear
UJ Daily DBX gives a clear signal of going long. {image}
18hrs ago you gave this clear signal of going long at 107.30 .. is this still valid?
if not.. y dont you update the forum?

i am pretty sure you will brag your winnings if UJ shoot to the moon..
but now UJ is trading at 105.91 (lowest was 105.2)..

like to hear your thoughts..
Attached Image
  • #34,427
  • Oct 15, 2014 7:58pm Oct 15, 2014 7:58pm
Quoting DaddyBear
{quote} UJ was up after my post. The big drop occurred at least 6 hours later. BTW, I have never asked you or anyone to follow me. A setup cannot last forever.
was up by.. 20pips??
and drop 200 pips after that?

if this turned out to be a excellent trade., im sure you will brag it..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 140 KB
  • #34,428
  • Oct 15, 2014 8:01pm Oct 15, 2014 8:01pm
Quoting HelloOz
{quote} was up by.. 20pips?? and drop 200 pips after that? if this turned out to be a excellent trade., im sure you will brag it.. {image}

I dont like idea that a SL isnt placed when DB recommends to with his system
  • #34,429
  • Oct 15, 2014 8:05pm Oct 15, 2014 8:05pm
Quoting BlkR
{quote} I dont like idea that a SL isnt placed when DB recommends to with his system
yes..
i am not here to tell the world that i lost money.. truth is.. i nv follow him..
but what if i am a paid member and followed his advised..
is this what he will tell me?

is it hard to say that the signal was a bad one or no longer valid?
where is the credibility ?

have you ever seen him posting a losing trade before?
  • #34,430
  • Oct 15, 2014 11:07pm Oct 15, 2014 11:07pm
Quoting HelloOz
{quote} never happened? we retested the bottom yesterday.. {image}
Which bottom are you talking about.
Retest the bottom means retest the lowest daily low. In AU's case, it was 0.8644.
Yesterday's low was 0.8676. The bottom was never tested.
daddybearforex. com
  • #34,431
  • Oct 15, 2014 11:09pm Oct 15, 2014 11:09pm
Quoting BlkR
{quote} I believe the problem is that DB cannot hedge any trades due to US account, therefore his method is like investor style. Problem with this is that money mgt is critical otherwise large dd if it goes against us like it has with UJ. Though if using dbx system itself would make profit. However this isnt explained to new users
BILK, DBX is a system. How to set SL is users' responsibility not mine.
How I trade may not suitable for everyone.
daddybearforex. com
  • #34,432
  • Oct 15, 2014 11:15pm Oct 15, 2014 11:15pm
Quoting HelloOz
{quote} i'm fine with that.. but ive noticed that every time he has a losing positions, instead of admitting it.. he says something like {quote} i know that his losing position eventually become winning positions.. for example, this trade was losing 110pips but ended up 80 pips win.. not a great R:R but not bad!
I mentioned in previous messages many times that I do lost money but did not give detailed numbers or dates.
Losing money is not a news in FX trading. I have posted so many setups. You have never mentioned those good setups but keep looking after a few setups which did not make it. Such a mindset makes me wonder what your motive is.
daddybearforex. com
  • #34,433
  • Oct 15, 2014 11:28pm Oct 15, 2014 11:28pm
Quoting HelloOz
{quote} 18hrs ago you gave this clear signal of going long at 107.30 .. is this still valid? if not.. y dont you update the forum? i am pretty sure you will brag your winnings if UJ shoot to the moon.. but now UJ is trading at 105.91 (lowest was 105.2).. like to hear your thoughts.. {image}
The setup was posted at 2:04 AM EST. Do you think I could be up all night to keep updating the setup?
Furthermore, do I have to keep updating the setups? I offer free trails. Everyone can get a copy and watches DBX patterns changing himself. Any setups may be good for days, hours or minutes depends on the market conditions. I have never bragged that DBX is a perfect system but do you know any system is perfect? DBX is a good system and may help traders to identify entries, exits and tending. The UJ setup at question was good for 20 pips. DBX can be used for swing trading and scalping as well. 20 pips is good enough for scalping at 2 AM EST. A SL can be placed with ample room above the entry. The big drop occurred after 830 EST which was about 6.5 hours later. Do you expect a setup which could last 6.5 hours and after a big data release still kept iintact. Don't you think your expectation is way too high. Can you show me any system which meets your criteria?
daddybearforex. com
  • #34,434
  • Oct 15, 2014 11:36pm Oct 15, 2014 11:36pm
Quoting DaddyBear
{quote} BILK, DBX is a system. How to set SL is users' responsibility not mine. How I trade may not suitable for everyone.

True, I guess following DBX system and exit when we feel comfortable.
  • #34,435
  • Oct 15, 2014 11:38pm Oct 15, 2014 11:38pm
Quoting HelloOz
{quote} 18hrs ago you gave this clear signal of going long at 107.30 .. is this still valid? if not.. y dont you update the forum? i am pretty sure you will brag your winnings if UJ shoot to the moon.. but now UJ is trading at 105.91 (lowest was 105.2).. like to hear your thoughts.. {image}
Also, I don't trade every setup I posted. I mentioned that UJ setup was a long entry but I did not emphasize that it was a bottom.
A long entry may turned out to be a so so entry. Nobody had to follow it or kept it after 830 EST. Don't underestimate other people who are much smarter than you think. Most people here are educated and know how to take care of their own trades.
daddybearforex. com
  • #34,436
  • Oct 15, 2014 11:38pm Oct 15, 2014 11:38pm
Quoting BlkR
{quote} True, I guess following DBX system and exit when we feel comfortable.
Agree.
daddybearforex. com
  • #34,437
  • Oct 15, 2014 11:44pm Oct 15, 2014 11:44pm
Quoting HelloOz
{quote} 18hrs ago you gave this clear signal of going long at 107.30 .. is this still valid? if not.. y dont you update the forum? i am pretty sure you will brag your winnings if UJ shoot to the moon.. but now UJ is trading at 105.91 (lowest was 105.2).. like to hear your thoughts.. {image}
The 55 pips made two days ago was a demo of how to use DBX. Most of the time but not a bragging. I posted setups and discussed how DBX works. Nobody is forced to follow my posts blindly.
daddybearforex. com
  • #34,438
  • Oct 15, 2014 11:53pm Oct 15, 2014 11:53pm
Quoting HelloOz
{quote} was up by.. 20pips?? and drop 200 pips after that? if this turned out to be a excellent trade., im sure you will brag it.. {image}
There is no relation between 20 pips setup and 200 pips drop caused by the news. These two events were 6.5 hours apart.
Why do you think my setups have to last forever? Are you a newbie? FX market is very volatile and risky. A setup lasts a few hours is not too bad IMO.
daddybearforex. com
  • #34,439
  • Oct 15, 2014 11:58pm Oct 15, 2014 11:58pm
Quoting HelloOz
{quote} was up by.. 20pips?? and drop 200 pips after that? if this turned out to be a excellent trade., im sure you will brag it.. {image}
Will I brag it? Not necessary.
I suggest you focusing on your own trades and posting W/L for others to come after you. Don't waste your time to keep looking into my messages and try to pick up something. You are not interested in my DBX. Your opinions are linked to an unknown motive.
daddybearforex. com
  • #34,440
  • Oct 16, 2014 12:06am Oct 16, 2014 12:06am
Quoting HelloOz
{quote} yes.. i am not here to tell the world that i lost money.. truth is.. i nv follow him.. but what if i am a paid member and followed his advised.. is this what he will tell me? is it hard to say that the signal was a bad one or no longer valid? where is the credibility ? have you ever seen him posting a losing trade before?
What you have read about my posts are my introductions to DBX. I am not here to provide service to everyone. Nobody paid me here. Why do I have to keep updating the setups? What I have done has nothing to do with the credibility. Yes I posted losing trades at DBF to inform paid users. Why do you have such a high expectation about what I am doing? What is your motive?
daddybearforex. com
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