Falling Knives

Nah, I don't pretend to know the news (or the rumor) either. I just see a 75 pip M5 candle as "unusual"... even if it was nothing more than market manipulation. And I certainly don't subscribe to fundamentals. I wasn't questioning your EA (you know me well enuf to know that I don't do that). I read through your thread here before posting and I can see "what" and "how" you're testing. It'll be interesting to watch how the EA works out. And I definitely resemble your remark about how "most people stand in the way of their own success". I'm looking to change that.

Unusual is what we will most likely see over the next 4 Market days as we are brewing the perfect storm.

Let's take a few serious GBP press events, Crude inventories coming into End of Week followed by a CAD holiday on Monday.

If that doesn't spell market trouble, I don't know what will.

Coincidentally, we are also going to run past my birthday, Valentines day and follow that up with a long weekend.

Do you know what that means?

Yup...I plan to be either/both, drunk or naked throughout the entire thing.

Life is short and the market has been round long before we've had a chance to play and will be round long after we care to look at blinking lights and moving lines.

Moral of the story...

I'll be taking the next few days off...

I would encourage others that want to view the logic to do so under the Demo and Free money premise...not to try and beat down on a market that will have little mercy.

And.

GET NAKED!!

w00t!

Jesus ! My eyes, my eyes.... I'm blind !!!!!!

Working with EU,AU,UJ & Nasdac.
Looks like time frame does matter. Set on 120 getting no trades Switched to 1m. Immediate trades all.

hi magix

i am really surprised that you are trying to use all bad signals to make money

is this workable


YES ..... YES ..... YES.... YES...

it will make money


on long run


yes it will make money

but not for the new traders ... for the brave heart long exp. traders.... they use all what you have written in first post

the bankers also are doing the same ...why.... bcz no one can predict the market direction at this moment but we can predict the negatives and the counter trend direction easily



i will quote from your first post


What I am working with is.
1. Grids that Cost Average...........................................all traders are using this in their trades ( averaging it up or compounding as i call it )
2. Adding to Losing positions.......................................all do the same to get to point 1 above
3. Catching Falling Knives (AKA going against the trend)..........................anyone using stoch, cci, rsi, ggk,any ob or os indi will use this method and it will go back to point 1 and 2 above
4. Pyramiding - increasing the number of positions in favor of the loser.........................it is the same as of 1,2,3 points above--> this is the result of the three points above
5. Un-restrained grid sizing and number of positions. also this will be the result of the 4 points above..... till now good
6. Minimum profit range..................................ohhh... this is the critical point.... no one will predict how much he will gain from a trade so it is better to make it the minimum... yes i agree with you
7. Hedging - trading both long and short at the same time. of course it will happen as a result of using inidi such as stoch
8. No Stop-Loss!........................ i agree ...... if your lot size 0.01 for an account of 5000 usd... why not


all in all


this strategy is good i use it in most of the times and it is making money.................................................

but the amazing thing that i do not use EA... i use manual trading


i am willing to make 600 usd to reach 12000 usd in 22 days .... can i by this strategy


i will not post here any thing but i will say this i began today at 9 am and now it is 11 am .. using all above points..... 40 usd from 0.01 lot


i use points instead of pips


good day

goooood work!
Logic looks beautiful.

http://abload.de/img/well-done-ol3sif.gif

Brother Thodie!

dude, I'm at Denny's, got a booth towards the back....waiting on ya..

PT fucking L!

Sign me down for the steak n eggs.

Will be along as time permits.

How you been keepin, brother?

All good bro. I'm a pops now, so I gotta get off the demo accounts, boy needs shoes....

Good to see yea round these parts, hope all is well...

yea, just one bro, and it has been a year...

The second one roll in?

Fairly sure I dropped a Congrats when you had the first, that's gotta be over a year ago...

They've lightened the loads on terminals over the last few months, from what I'm seeing now...you can run a few demos and still cash in with the lives.

As for me...all the same.

Wish I had more hair on my head, less hair on my back and am pondering lasic surgery because me and contacts never got along.

you know i don´t read or write much Tradingrelated anymore, but everytime i see a topic started by you i´m in!

my deep respect brother!

I'm truly honored with this.

Over 130 downloads...

Anybody testing this motherfucker live?

Would love to, but my noob ass is in here for the entertainment. Please keep this thread alive.

As a matter of fact, I'dlove to post a backtest report just for the lols...

Not serious, keep up the great and entertaining work. Oh and tear shit up on your b-day!

I think you and me are going to get along, just fine.

Welcome to the thread, dude.

Does it work on MT5?

Thanks for having me.

Off topic. You sound liek a drinker, drink this after dinner. It's a great warmup drink!

http://www.licor43.com/versatility/c...h-coffee-43-2/

Let me know how it was! Cheers

I turned 50 last Friday. Went to Chicago for Bday bash. It still hurts.

Happy Belated, JH!

Nice to see you again, my friend.