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  • #1,161
  • Aug 26, 2015 3:54pm Aug 26, 2015 3:54pm
Quoting armyda
{quote} Dear Mer less words and let see to us your chart today if you don't let see to us your chart you are not serius
He may well still have all his positions open after all a red square has not printed yet. Because there was a huge DD today does not mean he has closed his positions and may be waiting for the turn to take the pound up again.
  • #1,162
  • Aug 26, 2015 3:57pm Aug 26, 2015 3:57pm
Please block the dimwits.
  • #1,163
  • Aug 26, 2015 4:01pm Aug 26, 2015 4:01pm
so mer and mastermind have not yet posted their profitable trades today ?
  • #1,164
  • Aug 26, 2015 4:11pm Aug 26, 2015 4:11pm
Quoting madscalp
Hi mer What are your results today ?
Trades are still going, no opposite signal yet.
  • #1,165
  • Aug 26, 2015 4:14pm Aug 26, 2015 4:14pm
Quoting mer071898
{quote} Trades are still going, no opposite signal yet.
As I said
  • #1,166
  • Aug 26, 2015 4:24pm Aug 26, 2015 4:24pm
Quoting armyda
{quote} Dear Mer less words and let see to us your chart today if you don't let see to us your chart you are not serius
Oh, don't worry, I at least have the honesty to show my charts with profits or losses. For somebody who is supposed to be a top 6% member you sure show a lack of class. I've never banned someone from a thread before but if you can't do anything but criticize instead of being constructive, there is no place for you here and I will take measures (as requested already by others).
  • #1,167
  • Aug 26, 2015 4:27pm Aug 26, 2015 4:27pm
Another DEMO acount to the trash... 15 trades x -300 pip = and the indicator still sendind alert for buy in GBP/USD. Remember trend is your friend
  • #1,168
  • Edited 4:59pm Aug 26, 2015 4:44pm | Edited 4:59pm
Quoting buzznack
Hmmm I made pips on GU today. I use quantum on normal setting on the 1 hr chart and this was showing a sell. Pure luck i know but i always check the higher time frames to get an idea of where price may be heading. I still believe this is a superb system but today shows you still have to money manage, possibly by have sl on the earlier squares so if the move keeps going against you then cut your losses on the early squares. Just my thought.
Remember when I said I trade other timeframes and strategies. It's not luck, it's diversifying. If I end up with a loss on the 1m, I made it up on my hour chart as well, plus my Daily chart is showing a potential for a larger move up. Below is my 1 hour chart with a Laguerre filter set to .86 (Gamma 2) and Quantum at 400. I only take trades on the Red squares if they are above .8 at the candle close. Out of 10 trade possibilities, only 3 were taken. Close out half and let run or close all when Laguerre reaches .2, it's up to you.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Laguerre2-ACS1.ex4   7 KB | 684 downloads
  • #1,169
  • Aug 26, 2015 4:55pm Aug 26, 2015 4:55pm
Looking at my Daily, I see a pendant forming with the current price drop holding at the bottom edge. If the price breaks north, expect to target the 76.4 fib (highly common on GBP correlated pairs) and the 161.8 fib extension after the big bounce off the 50 and 23.6 confluence. Remember post #789 when I said price would get back to 1.56710? This is how you can see these price movements and trade accordingly.
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  • #1,170
  • Aug 26, 2015 4:57pm Aug 26, 2015 4:57pm
Quoting caracolo
Another DEMO acount to the trash... 15 trades x -300 pip = and the indicator still sendind alert for buy in GBP/USD. Remember trend is your friend
It's important that your smart enough to demo first and make the proper adjustments to match your style of trading, whether it be proper funding, adding filters, adjusting settings, whatever...
  • #1,171
  • Aug 26, 2015 4:57pm Aug 26, 2015 4:57pm
I personally didn't take the trades today. I have 2 lines on my chart one at 4amGMT(5am BST) and one at 7amGMT(8amBST). I don't take trades after 8am UK as this is when price usually breaks out pre London. I will only take trades if I'm already in a string of positions.Looking at the charts the safer trade entry had already been earlier on as is often the case. I'm quietly confident that the increased Lot size as trade entries progress will play a significant role in todays trades and I hope mer comes out on top with either a winning trade or a significantly reduced loss. Good luck to all.
  • #1,172
  • Aug 26, 2015 5:04pm Aug 26, 2015 5:04pm
big question now is if it prints a square do you take the loss or hold out for a better price? as is often the case. Now its quietened down its likely to print a square within the range during the night. (think id hold see what the morning brings unless US then you can babysit it a little)
  • #1,173
  • Aug 26, 2015 5:11pm Aug 26, 2015 5:11pm
Quoting mer071898
Wow, somebody pissed in your Wheaties today!!! Kinda hard for a broker to publicize an indicator when your getting the same results on EVERY broker. If you can't handle the heat, get out of the kitchen. I think you should take your obviously underfunded account elsewhere then.

++++++++++++++++++++++++++++++++


I'm with you Mer. Folks that can't stand to see a day like this, then this is not where they should be. You only have to look back in history, a relatively short period of time, to see that price can make moves like this, and Does! Blowing up a demo account is one thing. Free lesson. Going into this style trading with real money, and based on several chart showing massive pips, is not wise.

Mer has offered up a very unique tool, for us to work with, and play with, "According to Our Own Personal Tastes". Anytime you 'Sort of' read a thread, without getting all the details, and evaluating all of the risks, your building a recipe for disaster.

I’ve tried every Q setting mentioned on here, and at least a dozen more. I’ve looked at everything from H4 to M1, and all different times of the day. I believe in testing and retesting. Tweaking, and then retesting more. I have found a few ways to make this work, not Better, but more to fit my style, and make some profit. I’ve found many more ways to do worse, and MUCH worse.

Do the work, get the message, and, perhaps the reward. NO Guarantees!
  • #1,174
  • Aug 26, 2015 5:15pm Aug 26, 2015 5:15pm
Quoting mer071898
{quote} Remember when I said I trade other timeframes and strategies. It's not luck, it's diversifying. If I end up with a loss on the 1m, I made it up on my hour chart as well, plus my Daily chart is showing a potential for a larger move up. Below is my 1 hour chart with a Laguerre filter set to .86 (Gamma 2) and Quantum at 400. I only take trades on the Red squares if they are above .8 at the candle close. Out of 10 trade possibilities, only 3 were taken. Close out half and let run or close all when Laguerre reaches .2, it's up to you. {image}...
i'm just tell you that i followed your rules post n.1 lacking originality
now you speak about quantum at 400..........laguerre gamma 2.....bahhhh..have you posted it somewehre?I look at these just now
immagine how much real accounts you and your quantum system have blowed this day?
seems normal have got a 3500-4000 DD pips?
  • #1,175
  • Aug 26, 2015 5:15pm Aug 26, 2015 5:15pm
Quoting Spoon138
big question now is if it prints a square do you take the loss or hold out for a better price? as is often the case. Now its quietened down its likely to print a square within the range during the night. (think id hold see what the morning brings)
If you're following the lot sequence, hopefully any losses will be minimized. To be fair, no matter what armyda might think, I will post all trades per the original strategy, loss or not, when the red square appears. Feel free to hold on for a better price if you have a technical indication price will continue up, be sure though, don't just guess that it will.

And by the way, this is my 5 tier London strategy from this morning hitting all 5 levels.

Remember-DIVERSIFY!!!!
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  • #1,176
  • Aug 26, 2015 5:26pm Aug 26, 2015 5:26pm
Quoting armyda
{quote} i'm just tell you that i followed your rules post n.1 now you speak about quantum at 400..........laguerre gamma 2.......have you posted somewehre.I look at these just now immagine how much real accounts you and your quantum system have blowed this day?
++++++++++++++++++++++++++++++++

I understand your pain Armyda.

Please ask yourself this: “Do I continue to complain because it is doing me, or someone else, any good? or I’m I addicted to the NEED to be Right”.

Either road has nothing to offer, my friend.

Speaking for myself, I find your posts about how bad trading was today, to be redundant, and of absolutely no value to anyone, especially yourself.
  • #1,177
  • Aug 26, 2015 5:26pm Aug 26, 2015 5:26pm
Quoting armyda
{quote} i'm just tell you that i followed your rules post n.1 now you speak about quantum at 400..........laguerre gamma 2.......have you posted somewehre.I look at these just now immagine how much real accounts you and your quantum system have blowed this day?
How can you say blown when the trades are still open???? They're only blown because they're not following the rules regarding proper account funding, especially after people have been warned numerous times about going live underfunded. The hour chart is another strategy I am using and was not posted here because that is not the strategy defined in the original post. I'm not going to post a thread on every strategy I use, I don't have the time keep up with numerous threads nor do I want to babysit people like you who have nothing constructive to provide other than they think this is "shit". I am not here to hand you things on a silver platter. Learn, test, adjust, test some more, and repeat (over and over). Other are doing it (octavejay, mastermind, landline, and more), why can't you?
  • #1,178
  • Aug 26, 2015 5:30pm Aug 26, 2015 5:30pm
Quoting mer071898
Looking at my Daily, I see a pendant forming with the current price drop holding at the bottom edge. If the price breaks north, expect to target the 76.4 fib (highly common on GBP correlated pairs) and the 161.8 fib extension after the big bounce off the 50 and 23.6 confluence. Remember post #789 when I said price would get back to 1.56710? This is how you can see these price movements and trade accordingly. {image}
You asked me my contribute ....
With this series of bearish developments over the last 48 hours, GBP/USD may see another leg lower in the days to come. To the downside, there is a critical area of support near 1.5500, where the 3-month bullish trend line and 100-day MA converge. A break below that level could open the door for a continuation toward 1.5400 or lower in time.
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  • #1,179
  • Aug 26, 2015 6:12pm Aug 26, 2015 6:12pm
Quoting armyda
{quote} You asked me my contribute .... With this series of bearish developments over the last 48 hours, GBP/USD may see another leg lower in the days to come. To the downside, there is a critical area of support near 1.5500, where the 3-month bullish trend line and 100-day MA converge. A break below that level could open the door for a continuation toward 1.5400 or lower in time. {image}
See, a positive contribution, that's not so hard now is it?
  • #1,180
  • Aug 26, 2015 6:20pm Aug 26, 2015 6:20pm
Some traders appear to be trading blindly (mentioned this before) without factoring in market trading conditions.

It never ceases to amaze me when complaints start rolling in when some traders are trading this strategy with clearly under funded trading accounts.

Clearly over leveraging their positions without a clear exit strategy (highly important for an under-funded account).

Many times it has been mentioned by mer..... himself that you need 10K minimum funded account on the lot sizing he has generously provided or to choose the number of trades you enter based on an analysis of your available funds and lot sizing.

Strange when post #1 is often missed where most of the important and crucial information is to be found.

Remember don't trade blindly or underfunded and the trader should always make a decision to trade or not to trade.

I traded the GU [M1; 165] during the Asian session yesterday (phenomenal).

Did not trade the FF onwards session (traded another FIFO technique on the AUDUSD and the GBPJPY).

Masterrmind...........
Master your Mind then Master your Trades
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