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  • #2,241
  • Dec 8, 2014 6:29am Dec 8, 2014 6:29am
What puzzle me a lot why the FOREX FACTORY has not yet ban that system ?????????? or some of the system or where nearly discover the HOLY GRAIL has been ban and put all on the recycle bin ??? something very very fishy at FOREX FACTORY?
  • #2,242
  • Dec 8, 2014 1:53pm Dec 8, 2014 1:53pm
Quoting ellenbrook
What puzzle me a lot why the FOREX FACTORY has not yet ban that system ?????????? or some of the system or where nearly discover the HOLY GRAIL has been ban and put all on the recycle bin ??? something very very fishy at FOREX FACTORY?
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  • #2,243
  • Dec 12, 2014 11:49am Dec 12, 2014 11:49am
Quoting ellenbrook
What puzzle me a lot why the FOREX FACTORY has not yet ban that system ?????????? or some of the system or where nearly discover the HOLY GRAIL has been ban and put all on the recycle bin ??? something very very fishy at FOREX FACTORY?
There are no mysteries lurking within FF. Your sentences and repulsive bias (based on your existing replies) to slander FF is an overstatement, it shows your level of thinking, and where you currently stand in this field, or any other field of arbitraging.. Hint, "Put yourself into Merlin's shoes. " I say this with no ill-intention, and I am not affiliated in any way to ForexFactory .

Anyway, update for the community,

My best friend (solved the puzzle himself) is making a killing on a demo. He took a minor loss at Monday, but overall it's up.
  • #2,244
  • Dec 28, 2014 8:08am Dec 28, 2014 8:08am
Hi joancb, you have received a new Private Message: -------------------------------------------------------------------------- From: sram Subject: Need info -------------------------------------------------------------------------- Hello sir I read all the posts of the AMAZING strategy !!! and got confused.I understand that its a riddle to solve and it is only in first post.As i understood it is not about oscillators or changing the clock.I think he emphasis "time factor".I think it is about determining the high and low of "merlin day"(I believe it is a H&L,that should be determine from 5.00 pm EST to 4.59 am EST )and trade the H OR L after open of 5.00 am -please clarify my understanding about it. So i am trying to draw some trend lines from opening price of 5 pm est, high and low of 5 pm to 5 am previous "day" to the future time which is 5 am and 5 pm.But i got a limited success with it.am i working in a right direction or it is something else? Or it is about trading the h/L of the pc (as you refer in one of your posts) I got a same idea but i ignore it.By accident i saw you post and download your HoCh EA but it places the stop orders not limit orders. Please clarify and give your valuable suggestions to solve the riddle. Wish you happy new year . Thank you very much and regards

ROFL
  • #2,245
  • Dec 28, 2014 10:33am Dec 28, 2014 10:33am
Finally I am too also solve the Riddle from MERLIN.. Thanks for the hints, Incineration.. I took your hints and focus ONLY read over and over again page 1 from Merlin explanation.. With back test on MT4 also converting the time into my broker time (I use FINFX so MT4 based on GMT 0), then I understand what MERLIN AMAZING STRATEGY is all about..

SO for those who still seek out about FOREX Strategy with HIGH PROBABILITY WINNING.. I ask you to please concentrate on this strategy.. REALLY AMAZING.. Thanks again to MERLIN and also Incineration for your hints..
  • #2,246
  • Dec 28, 2014 10:40am Dec 28, 2014 10:40am
I use a similar strategy for another pair with my own set of indicators. Indeed you need one trade only. The better entry you have the more pips you make. It works for day trading only & yes you usually get it right if you know the right market to trade in. You can make anything between 20 - 100 pips depending on the day & market. Sometimes you can even make 100 pips in a day but I chose not to go for it as there is no guarantee & could expose you to higher risk The key is to use H1 chart & I use M5 for entry. However I do not trade between the time OP mentioned. I trade European market hours. A caution for those who use this strategy. This strategy will stop working in a trending pair where the price keeps making higher highs & lower lows such as in current market conditions: AUD/USD & USD/JPY. Best works for choppy & volatile market. Good luck.
  • #2,247
  • Dec 28, 2014 11:19am Dec 28, 2014 11:19am
Kahn88.. Please note that MERLIN mentioned on first post that this AMAZING Strategy is RECOMMENDED ONLY to EUR-US so just stick to that pair with this strategy then you could get your account statement in PROFIT.. Once again, did the back test then you will see that MERLIN really share us an AMAZING strategy with kind
  • #2,248
  • Dec 28, 2014 12:22pm Dec 28, 2014 12:22pm
Well I too like playing riddles.......

As I see it, from any particular point in time and space, the price may either go up or down.............now if only, you could home on to the extremes, I mean the high n the low, say for the particular day, then ?????

Yes, you can play ping pong.......

I mean if it touches the top, go short .......or vice versa.....

In merlin's case, this so called period was............well in case someone can guess it correctly.........boom you go !!!!!

This perticular time and space is subjective............merlin homed on to maybe the best possible one for E/U............

Hope some more can build there case after my 2 cents.......
  • #2,249
  • Dec 28, 2014 12:30pm Dec 28, 2014 12:30pm
The Riddle is easy......

1st if H1 breaks above the high then all other time frames do the same, price is equal on all time frames

The Oscillators are added as a decoy

You don't know when the high or low of the day will be reached...well unless you are Mystic Meg !

It’s an endless conundrum
  • #2,250
  • Dec 28, 2014 6:11pm Dec 28, 2014 6:11pm
halamsja,

Neither did I say I use his strategy I mentioned I have "similar" strategy made by me using my set of indicators nor do I intend to use his strategy "solely". I prefer to stick to mine with my pair during my preferred trading hours. I would avoid using it for EUR/USD these days as the risk:reward ratio might not be so good. I use it with more volatile & choppy pair which moves much more than EUR/USD. Moreover EUR/USD seems to be moving in a strong downtrend so it might stop working for the pair as it could start making lower lows. Having said that, thanks for the advice.
  • #2,251
  • Edited 8:14pm Dec 28, 2014 7:50pm | Edited 8:14pm
Quoting halamsja
Finally I am too also solve the Riddle from MERLIN.. Thanks for the hints, Incineration.. I took your hints and focus ONLY read over and over again page 1 from Merlin explanation.. With back test on MT4 also converting the time into my broker time (I use FINFX so MT4 based on GMT 0), then I understand what MERLIN AMAZING STRATEGY is all about.. SO for those who still seek out about FOREX Strategy with HIGH PROBABILITY WINNING.. I ask you to please concentrate on this strategy.. REALLY AMAZING.. Thanks again to MERLIN and also Incineration for your hints..
Good job, mate! Haters gonna hate.. Most people will never understand anyway.. Good luck with your journey, halamsja.

So simple, yet so difficult. Laughable joke, actually.. Trading 3 forex accounts currently, shorted few oil stocks (going contrarian soon), rode the Yen's (smart people will understand).., sell on Euro's meltdown this year.. Shorted Australian's inflation purgatory, et cetera. #Just2014Things

What next? I don't know, time will unfold.. I enjoy using Merlin's strategy as a plan B, or a maneuver to boost profits up. Probably gonna leave ForexFactory soon.

Cheers,
Incineration
  • #2,252
  • Dec 28, 2014 8:37pm Dec 28, 2014 8:37pm
yeah, when I first read this I thought it was just an amusing joke.

But after trading this system for a few months now I'm making 25 pips practically every day. and with such consistent returns and the power of compounding my account is growing exponentially.

I also use ADR to assist identify daily highs and lows. I think the secret is exactly knowing when the days high or low are hit but once you figure out how to do that - you're laughing all the way to the bank.
  • #2,253
  • Dec 29, 2014 7:02pm Dec 29, 2014 7:02pm
Quoting Incineration
{quote} There are no mysteries lurking within FF. Your sentences and repulsive bias (based on your existing replies) to slander FF is an overstatement, it shows your level of thinking, and where you currently stand in this field, or any other field of arbitraging.. Hint, "Put yourself into Merlin's shoes. " I say this with no ill-intention, and I am not affiliated in any way to ForexFactory . Anyway, update for the community, My best friend (solved the puzzle himself) is making a killing on a demo. He took a minor loss at Monday, but overall...

please be honest on your self if your friend making a killing on demo? why demo why not live what a bout you are you making a killing live if not then no point to respond one last remark my sentence are not repulsive yours are cause you have no prove his all talk no action.
  • #2,254
  • Dec 29, 2014 8:41pm Dec 29, 2014 8:41pm
I also thought this was a joke when I first read it. Last night I had some spare time in my hands and did a little research.
I don't have the price action experience or the time to continuously monitor the charts and decide when the days high or low reached so I picked a custom indi. Looked back a couple of months on hourly chart on several pairs and I saw that it works.
The indi I found does not give a signal ever single day but probably I get at least one signal on one of the pairs everyday.
Here is last nights result. Entry wasn't even done with precision. I've seen the signal a couple of hours after it came up but the price hasn't moved much so I took it.
Here is the result. Live account...

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B777
  • #2,255
  • Dec 29, 2014 11:46pm Dec 29, 2014 11:46pm
Quoting merlin
just use this strategy for one night and you will see what i mean!
Definitely worth trying. I think that this scalping strategy in Forex trading should be practiced by every aspiring trader. Thank you for sharing the strategy with. Keep on learning.
  • #2,256
  • Edited 1:12am Dec 30, 2014 12:43am | Edited 1:12am
Quoting ellenbrook
{quote} please be honest on your self if your friend making a killing on demo? why demo why not live what a bout you are you making a killing live if not then no point to respond one last remark my sentence are not repulsive yours are cause you have no prove his all talk no action.
My best friend is finance/trading illiterate, never trade before. Because of how easy this riddle is, if you put a no-brainer (which, in my case, my close buddy), he/she could easily solve this compared to ones who has experience, because 'they're biased by what they learnt.' He is trading demo because he has confidence issue (Never arbitrage before) - I've already advised him to start a LIVE account, enough said.. Have you even solve this yourself?

I have a journal tracking my records, fyi. And put yourself into Merlin's shoes, then you'll understand why this forum's administered.. Any no-brainer understands this...

Regards,
Incineration
  • #2,257
  • Dec 30, 2014 12:57am Dec 30, 2014 12:57am
ellenbrook
started ignoring you (5 hr ago)
ellenbrook
quoted your post (view)
__________________________________________________________________

Ignoring? lol.. That burn though.. You must have felt it.. lol. Like I said, I already know where you stand in this field based on your existing text, and repulsive bias..
  • #2,258
  • Dec 30, 2014 3:50am Dec 30, 2014 3:50am
Quoting B777
I also thought this was a joke when I first read it. Last night I had some spare time in my hands and did a little research. I don't have the price action experience or the time to continuously monitor the charts and decide when the days high or low reached so I picked a custom indi. Looked back a couple of months on hourly chart on several pairs and I saw that it works. The indi I found does not give a signal ever single day but probably I get at least one signal on one of the pairs everyday. Here is last nights result. Entry wasn't even done with...
Hello can you please share the Indi and explain a bit?

Thanks
  • #2,259
  • Dec 30, 2014 3:58am Dec 30, 2014 3:58am
Attached Image



Quoting howa61
{quote} Hello can you please share the Indi and explain a bit? Thanks
Its something very new I'm trying so I don't want to share an untested/unproved strategy off the bat. Plus I'm using a heavily repainting indi. If I can get it to work I'll post here.

Like today I had 2 SL hit followed by a TP.
B777
  • #2,260
  • Dec 31, 2014 2:10am Dec 31, 2014 2:10am
basitata
Hi Incineration,
Refer to your post regarding merlins strategy, can you be kind enough to tell me is this really a strategy or just a mere joke?
I cant understand how could this be possible. Since you appeared to be more serious among all claiming they understood it, i asked you personally.
I supposed it may be right that read page one not less than 10 times still cant figure out how.... read number of more pages but they are full of jokes and crap.
Thanks
BA

----------------------------------------------------------------------------------------

I cannot fathom how one could see this riddle, as a source, that would deem it's code concealed only veterans could solve, or decrypt.. Some would assume it's a mere joke, if you can't solve this, then, in all seriousness, you're not ready to arbitrage.. lol.. That's the complication of this world; in reality, I cannot truly see in the eyes of another, no one can. Trading is so simple, the points' there, PEOPLE, MAKE IT DIFFICULT. Hence, the 95-7% losers, 3-5% winners. This is real life, you can't cheat your way anywhere. Guideline is there, solve it for Christ's sake. If you can't, then you're a joke... I even mention don't confuse yourself, and keep it simple, stupid.
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