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TRADE Signals

  • #441
  • Nov 5, 2015 5:35am Nov 5, 2015 5:35am
At the beginning of my trade learning, I often used trading signal providers and all the accounts have suffered heavy losses. On the other hand, if people are able to provide signals to make money, why would they give signals. This might be a trust management or some other similar service.
So it's just a signal, and no more.
Looking for partners
  • #442
  • Nov 5, 2015 6:31am Nov 5, 2015 6:31am
Got out of 1 of my short GCHF at 1.5212 for an 18 pip profit. Still one short from 1.5292
  • #443
  • Nov 5, 2015 7:26am Nov 5, 2015 7:26am
Out of my 2nd short on GCHF @ 1.5185 for a 107 pip profit
  • #444
  • Nov 5, 2015 7:35am Nov 5, 2015 7:35am
Quoting GeorgeDow
At the beginning of my trade learning, I often used trading signal providers and all the accounts have suffered heavy losses. On the other hand, if people are able to provide signals to make money, why would they give signals. This might be a trust management or some other similar service. So it's just a signal, and no more.
"If people are able to provide signals to make money, why would they give signals."? George, its called accountability, it is called sharing my strategy that I know it works with those that have the same style of trading I do. Yes, it is showing off a bit as well, but there was no guarantee when I stared that I was going to do this good, specially after blowing MULTIPLE accounts. Writing my trades and exposing them has helped me take a closer look at the trades I take.

This might be a trust management or some other similar service." I wish that I could charge for this and eventually I might do it, after I prove to myself and out there that it can be done. Believe me, I have toyed with the idea for years, but never been consistent enough to do it. And I will charge something economical like $29 or $39 per month. Imagine having only 500 subscribers. I have done the math. But there is a lot more behind providing signals than getting a monthly subscription.

So it's just a signal, and no more."" Exactly, it is just a signal, you see it, you compare it to your style. Fits, trade it, does not fit, move on to the next one be it from your strategy or from another "service." That is all, just a signal from what I see. I have 2 guys that I communicate with since I started this thread and both of them have hardly taken any of the signals that I have given. No complains here. It doesn't fit your style, no problem. Like I told one of the guys: I'm here to help and to be helped.
  • #445
  • Nov 5, 2015 8:47am Nov 5, 2015 8:47am
Quoting rck66
{quote} "If people are able to provide signals to make money, why would they give signals."? George, its called accountability, it is called sharing my strategy that I know it works with those that have the same style of trading I do. Yes, it is showing off a bit as well, but there was no guarantee when I stared that I was going to do this good, specially after blowing MULTIPLE accounts. Writing my trades and exposing them has helped me take a closer look at the trades I take. This might be a trust management or some other similar service." I wish...
  • #446
  • Nov 5, 2015 12:30pm Nov 5, 2015 12:30pm
Looking to go short EJ probably closer to 132.4 or higher
  • #447
  • Nov 5, 2015 12:44pm Nov 5, 2015 12:44pm
I'm just going study what it is that you do so I understand it. Like you said if it works it work if it don't it don't. I love reading these threads there are almost too many gems in them to remember.
  • #448
  • Nov 5, 2015 1:20pm Nov 5, 2015 1:20pm
Have order to sell EJ at 132.40
  • #449
  • Nov 5, 2015 1:32pm Nov 5, 2015 1:32pm
Filled.
  • #450
  • Nov 5, 2015 1:33pm Nov 5, 2015 1:33pm
Quoting Tman72
I'm just going study what it is that you do so I understand it. Like you said if it works it work if it don't it don't. I love reading these threads there are almost too many gems in them to remember.
Tman, thanks. Feel free to contribute at any time, even if your understanding is the opposite of mine.
  • #451
  • Nov 5, 2015 10:09pm Nov 5, 2015 10:09pm
Just went long CHFJPY @ 122.24. Will serve as hedge for my EJ short and got a signal on my 89 chart. Posting signals on next post
  • #452
  • Nov 5, 2015 10:20pm Nov 5, 2015 10:20pm
Went short AUDCAD @ 9407
  • #453
  • Nov 5, 2015 10:25pm Nov 5, 2015 10:25pm
Here are the signals. Remember tomorrow is NFP, so exercise caution.

EURCAD LONG DAILY & 89 CHART. LOOK FOR ENTRY BELOW 143
EURGBP LONG DAILY. PULLBACK TO LOW 7100'S POSSIBLE
GBPAUD DOWN DAILY
GBPCHF DOWN DAILY AND 144. EXPECT RETEST OF 153 OR CLOSE TO IT
GBPUSD DOWN DAILY AND 144. 153 TO 154 AREA FOR GOOD SHORT

EURJPY LONG DAILY (I am short on this one because earlier all the charts were negative and my entry chart gave me an option to enter. Since then I have hedge it with CHFJPY and EJ is facing good resistance above 133)

GBPJPY SHORT DAILY
CHFJPY LONG DAILY
AUDCAD SHORT 144 (tomorrow CAD will have news, so I might keep a shorter leash on this one or not add to the position).
  • #454
  • Nov 5, 2015 10:27pm Nov 5, 2015 10:27pm
So right now my 3 positions are as follows:

short EJPY @ 132.40 1 lot
long CHFJPY @ 122.24 1 lot
short AUDCAD @ 9406 1 lot
  • #455
  • Nov 6, 2015 1:59am Nov 6, 2015 1:59am
Quoting rck66
{quote} I'm here to help and to be helped.
I didn't mean that. Maybe I'm just wrong explained my thoughts. Can I see your signal to mql4? I'd like to see the overall dynamics of your account with drawdowns and increment and also information on risks.
Looking for partners
  • #456
  • Nov 6, 2015 7:19am Nov 6, 2015 7:19am
I expect the NFP announcment to be US$ negative. That is just my hunch. Lets see
  • #457
  • Nov 6, 2015 7:33am Nov 6, 2015 7:33am
Out of long CHFJPY @ 122.43 for 19 pip profit
Out of short EURJPY @ 131.78 for 62 pip profit

Still on ACAD short
  • #458
  • Nov 6, 2015 7:36am Nov 6, 2015 7:36am
Placed order to buy ACAD @ 9354
  • #459
  • Nov 6, 2015 7:39am Nov 6, 2015 7:39am
Quoting GeorgeDow
{quote} I didn't mean that. Maybe I'm just wrong explained my thoughts. Can I see your signal to mql4? I'd like to see the overall dynamics of your account with drawdowns and increment and also information on risks.
George I dont use mql4. I will be converting my account to the metatrader 4 on forex, but i havent done that yet. I will create the trade explorer as soon as I do that. As far as risk is concerned, my risk is not your risk. Even if we were to have the same amount of $$$ on our accounts, your risk level is different from mine.
And dont worry, it seems it was a misunderstanding on my part. Sorry if i sounded a bit too harsh in my response.
Thanks
Richard
  • #460
  • Nov 6, 2015 9:07am Nov 6, 2015 9:07am
I have lowered my order to cover on ACAD to 9332.
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