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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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  • #981,021
  • Apr 14, 2015 7:00pm Apr 14, 2015 7:00pm
Quoting BabySteps101
{quote} Your question is like asking a blind man for directions. The reality is no one knows, and they only scream "I TOLD YOU SO", or say nothing after the smoke clears. Only those who trade the lower tf respect price action, and know when the bail or jump on the money train. Everything else is just a mere coin toss.
Are you say I should flip a coin? I try to follow the trend a little right?
Back from the dead * ding fries are done *
  • #981,022
  • Apr 14, 2015 7:04pm Apr 14, 2015 7:04pm
Institutions make these markets, not randomness...10 of them make up roughly 80% of the daily volume in the forex market with Citi and Deutsche Bank leading the pack. They're who print the candles. They create the market and when structure is built, hedge funds and sovereigns follow them, (and me as well), and we all enter on the 60 minute because the lower timeframe charts give too many false signals. Sure...a stupid missed number will cause some treeshaking, but in the grand scheme of things, it's not that big of deal unless it's a central bank talking. That's why I use higher timeframes....On a side note, the sell stop on my last lot just went in.
Don't trade the noise
  • #981,023
  • Apr 14, 2015 7:12pm Apr 14, 2015 7:12pm
Quoting ryder950
{quote} Are you say I should flip a coin? I try to follow the trend a little right?
You can "follow" the trend and still end up with a floating loss of 400-500 pips. So if you can end up following the trend and end up -500 pips then what does that say about trading in that manner?
Think backwards.
  • #981,024
  • Apr 14, 2015 7:14pm Apr 14, 2015 7:14pm
Quoting kenfen69
{quote} Here's an image you posted yesterday... {image} And then today... {image} How do you make your entries and lot sizes change like that? Just wondering if your broker has some cool "Flexible-DD" feature that none of mine do.
Easy... When u close instead of closing 3.75 lot fully just type 0.25 lot to close on the 3.75 lot...
Thats how the lotsoze got lowered
Mt4 is smart enough to partial square a trade
And if you're trying to be clever and diss me about my drawdown
Hasnt even been as bad as the eurusd trade
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #981,025
  • Apr 14, 2015 7:16pm Apr 14, 2015 7:16pm
Quoting BabySteps101
{quote} You can "follow" the trend and still end up with a floating loss of 400-500 pips. So if you can end up following the trend and end up -500 pips then what does that say about trading in that manner?
My risk management and rules would never allow me to let it get that far...my initial stop on my first lot is always 117 pips, but there has to be at minimum 300 pips in my favor. I will then add as the market will allow me until my profit target is reached, all the while moving stops and keeping my original risk the exact same throughout the entire trade. When you know what to look for...it's not uncommon to catch 300-400 pips in 48 hours. That's why I don't normally trade E/U, because it can be a pig...however, with the current technicals it had, along with my analysis of USDX, I decided to take it.
Don't trade the noise
  • #981,026
  • Apr 14, 2015 7:19pm Apr 14, 2015 7:19pm
Quoting TTFXHammer
Institutions make these markets, not randomness...10 of them make up roughly 80% of the daily volume in the forex market with Citi and Deutsche Bank leading the pack. They're who print the candles. They create the market and when structure is built, hedge funds and sovereigns follow them, (and me as well), and we all enter on the 60 minute because the lower timeframe charts give too many false signals. Sure...a stupid missed number will cause some treeshaking, but in the grand scheme of things, it's not that big of deal unless it's a central bank...
Again.... All theory with nothing which supports your claim. The reality is if citi or Deutsche bank is buying or selling, they are doing so in "real time" THUS showing you on tick first. You mention that the lower tf shows you "many false signals" well would you please be as kind enough to reveal what false signals it is revealing? Last I checked the only thing a candle can tell you is "high, low, open, close, and if compared to the last candle if it closed higher or lower" So with that said the only true thing one could gain from such information is "extension, reversal, or accumulation". Now please explain how any of the three could be FALSE?
Think backwards.
  • #981,027
  • Apr 14, 2015 7:19pm Apr 14, 2015 7:19pm
Quoting kenfen69
{quote} Hmmmmmm...I didn't see a chart posted. But a chart would be worth a thousand words. I'se nooo two teh 4exe, Just loook for help from guhurus.
Just playing with this upwards channel
Still managing
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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #981,028
  • Apr 14, 2015 7:25pm Apr 14, 2015 7:25pm
Quoting TTFXHammer
{quote} My risk management and rules would never allow me to let it get that far...my initial stop on my first lot is always 117 pips, but there has to be at minimum 300 pips in my favor. I will then add as the market will allow me until my profit target is reached, all the while moving stops and keeping my original risk the exact same throughout the entire trade. When you know what to look for...it's not uncommon to catch 300-400 pips in 48 hours. That's why I don't normally trade E/U, because it can be a pig...however, with the current technicals...
Well can you at least show us a chart of EU? That would at least reveal that you are indeed selling it as you claim, but I simply see many words, numbers, and claims, but nothing which actually suggest that you what it is you are doing.
Think backwards.
  • #981,029
  • Apr 14, 2015 7:26pm Apr 14, 2015 7:26pm
Quoting kenfen69
{quote} Hmmmmmm...I didn't see a chart posted. But a chart would be worth a thousand words. I'se nooo two teh 4exe, Just loook for help from guhurus.
Heres the deal kenfen

I'll subject myself to your scrutiny if you but dared to unignore me, subscribe to me and i subscribe back to you so you can view the aggressive portfolio fully and you can bash it as much as you want if im making a loss, deal?
Shouldnt be too threatening for a big baller like you now would it?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #981,030
  • Apr 14, 2015 7:31pm Apr 14, 2015 7:31pm
Quoting BabySteps101
{quote} Again.... All theory with nothing which supports your claim. The reality is if citi or Deutsche bank is buying or selling, they are doing so in "real time" THUS showing you on tick first. You mention that the lower tf shows you "many false signals" well would you please be as kind enough to reveal what false signals it is revealing? Last I checked the only thing a candle can tell you is "high, low, open, close, and if compared to the last candle if it closed higher or lower" So with that said the only true thing one could gain from such...
With all due respect, you just don't get it. I see you're average trade is worth 2.3 pips, which is fine, b/c it works for you. However, I trade much differently then you, so I don't really expect you to understand. We're on two totally different planets right now. And by the way, I can assure you that there is plenty of resources out there to verify what I've said. It's up to you if you want to believe it or not. The millionaires in Forex aren't clicking out for 3 pips at a time
Don't trade the noise
  • #981,031
  • Apr 14, 2015 7:46pm Apr 14, 2015 7:46pm
Quoting fxtyrant
{quote} Easy... When u close instead of closing 3.75 lot fully just type 0.25 lot to close on the 3.75 lot... Thats how the lotsoze got lowered Mt4 is smart enough to partial square a trade
A-ha...thank you. So same with your other one from 2.25 down to 2.0? I have much to learn from forexe-King like you!

Please...where is other trade below...

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Quoting fxtyrant
{quote} And if you're trying to be clever and diss me about my drawdown
What's clever?

I d say R:R should be a focus. Three weeks of red...and 11:4?



Quoting fxtyrant
{quote} Hasnt even been as bad as the eurusd trade
Your words...not mine!
  • #981,032
  • Apr 14, 2015 7:48pm Apr 14, 2015 7:48pm
Quoting TTFXHammer
As far as my current E/U sentiment,..
Quoting BabySteps101
{quote} Yes many people"claim"...
Punctuation boys/girls...

Mine eyes!

  • #981,033
  • Apr 14, 2015 7:50pm Apr 14, 2015 7:50pm
Quoting kenfen69
{quote} {quote} Punctuation boys/girls... Mine eyes!
Here cometh the EU bounce... 1.0618 should be better, but this shall do for now imo...
  • #981,034
  • Apr 14, 2015 7:57pm Apr 14, 2015 7:57pm
Quoting TTFXHammer
{quote} With all due respect, you just don't get it. I see you're average trade is worth 2.3 pips, which is fine, b/c it works for you. However, I trade much differently then you, so I don't really expect you to understand. We're on two totally different planets right now. And by the way, I can assure you that there is plenty of resources out there to verify what I've said. It's up to you if you want to believe it or not. The millionaires in Forex aren't clicking out for 3 pips at a time

I actually "get" what you are saying. My avg amount of pips has nothing to do with why I decide to buy or sell, unlike your trading which has a bias towards one direction based on what you see on the higher tf. Since I clearly see you are simply a talker, looking to abrasive instead of productive, you will now join my ignore list. Very good job. Not to everyone else, members like TTFXHAMMER who claim to have so much experience, and have been taught by institutional traders is the same ole story seen on so many threads. It simply amazes me as to how those trades NEVER share their trades which even suggest that they are trading live, and when asked to have an intellectual conversation, they merely deflect.
Think backwards.
  • #981,035
  • Apr 14, 2015 7:57pm Apr 14, 2015 7:57pm
Quoting kenfen69
{quote} A-ha...thank you. So same with your other one from 2.25 down to 2.0? I have much to learn from forexe-King like you! Please...where is other trade below... {image} {quote} What's clever? I d say R:R should be a focus. Three weeks of red...and 11:4? {quote} Your words...not mine!
Im not forex king but im a damn rowdy tyrant. I love busting balls
Well heres the thing r:r is not my main concern. Since i dont use a predefined stop loss, my main concern is money management and how to manage trades while im in drawdown... Very often you see me making profits here and there while im in drawdown (thats for my aggressive portfolio that is)
See here balance went up to 96k despite trades going against me last night
Anyways unignore me and subscribe to me ill subscribe back to you, so you can enjoy bashing the aggressive portfolio all you want
So right now 3k drawdown on a 96k yep its below 5% so yep its better than the eurusd trades i closed recently...
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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #981,036
  • Apr 14, 2015 7:58pm Apr 14, 2015 7:58pm
Quoting kenfen69
{quote} A-ha...thank you. So same with your other one from 2.25 down to 2.0? I have much to learn from forexe-King like you! Please...where is other trade below... {image} {quote} What's clever? I d say R:R should be a focus. Three weeks of red...and 11:4? {quote} Your words...not mine!
you like to pick on him when he is in red.. but say nothing when he was in profit..
how nice of you.
he was 15pips shy from his TP and you didnt say a word.
  • #981,037
  • Apr 14, 2015 7:58pm Apr 14, 2015 7:58pm
Quoting BabySteps101
{quote} Your question is like asking a blind man for directions. The reality is no one knows, and they only scream "I TOLD YOU SO", or say nothing after the smoke clears. Only those who trade the lower tf respect price action, and know when the bail or jump on the money train. Everything else is just a mere coin toss.
I like some of the things that you say but "only those who trade the lower tf respect price action" is completely false. Some of the biggest consistent winners do not ever even look at a TF below Daily chart. And I'm pretty damn sure they respect PA. Not to mention the fact that most who trade the lower TF's are losers and have no clue what they're doing for the most part. Not saying everyone is like that and of course that's a blanket statement that basically goes for 80-90% of traders on all time frames... anyway.........
  • #981,038
  • Apr 14, 2015 8:00pm Apr 14, 2015 8:00pm
Quoting fxtyrant
{quote} Easy... When u close instead of closing 3.75 lot fully just type 0.25 lot to close on the 3.75 lot... Thats how the lotsoze got lowered Mt4 is smart enough to partial square a trade And if you're trying to be clever and diss me about my drawdown Hasnt even been as bad as the eurusd trade
In all seriousness...got a chart handy on your UJ phone screen-grab plays?

I LOVE to scale into positions...and consider myself pretty good at it...but you seem to have some MAD skillz!

Do teach. We all learn, share and get better that way.
  • #981,039
  • Apr 14, 2015 8:02pm Apr 14, 2015 8:02pm
One thing I would like to add as a "non-professional". Assuming the trend is your friend, and assuming "corrections" or "stop hunting" is a normal part of trading, then my question would be why wouldn't a person "HEDGE" their profit once the lower tf confirms reversal? By doing so you lock in your profit, until the lower tf goes back to the engulfing the bull candles, which of course would mean that lower tf and higher tf are both in agreement. That to me seems like a much smarter and efficient way of trading. By simply having done so today right before the news (as EU was in an uptrend on the lower tf before the 120+ pip spike) that would of at least prevented a trader from giving back the profits they have earned in the EU sell off of the last 2 weeks.
Think backwards.
  • #981,040
  • Apr 14, 2015 8:03pm Apr 14, 2015 8:03pm
Quoting kenfen69
{quote} In all seriousness...got a chart handy on your UJ phone screen-grab plays? I LOVE to scale into positions...and consider myself pretty good at it...but you seem to have some MAD skillz! Do teach. We all learn, share and get better that way.
Id love to teach but i really dont have the time...
Took me 5 years to learn how to trade properly and another year to learn not to look on the h1 chart.
Sooo do you want access to the trade explorer of the aggressive portfolio. I cant show u when im being ignored dude
As for the chart... I thot i posted already... As i explained im merely scaling in within the up channel
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We live in a finite world with infinite possibilities.
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