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  • #161
  • Feb 28, 2016 12:49am Feb 28, 2016 12:49am
Quoting Blackeagle
{quote} Move your cursor on MAs and you'll see the values. Regards, Blackeagle
Thanks Mate,

I missed his post. Hope you got the anser tango.

Regards
V
Precise Execution!
  • #162
  • Feb 28, 2016 12:52am Feb 28, 2016 12:52am
Quoting Maverick X
Varun mate no need to delete the thread. I have a friend who isn't doing well career wise and I tried to teach him how to trade but after a week he lost interest even though he needs something in his life or it's going down the shitter. The thread will help those who truly want it.
May be that's a publicity stunt if I had to delete I would have never posted it here.

Wish you and your friend luck
V
Precise Execution!
  • #163
  • Feb 28, 2016 1:07am Feb 28, 2016 1:07am
There are lots of good strategy in FF, but they all create long times ago.
Although the TS still support their thread, hard to follow and read them since strategy and indis are change and most of them have hundres page of thread.

This is quite new strategy, subscribed and will try to stay here and follow..

thanks @Varun
  • #164
  • Feb 28, 2016 1:27am Feb 28, 2016 1:27am
Quoting Maverick X
Varun mate no need to delete the thread. I have a friend who isn't doing well career wise and I tried to teach him how to trade but after a week he lost interest even though he needs something in his life or it's going down the shitter. The thread will help those who truly want it.
Have you thought about helping him get a real job or help him make a career change that actually works?
It sounds like your friend is wiser than you think because "he lost interest"
  • #165
  • Feb 28, 2016 1:49am Feb 28, 2016 1:49am
subscribed
Varun, thank you for the thread, it looks promising
I just have one question, for the entry, in case of short entry, at the lower tf, we look 5 pips below close of the candle the broke all emas or 5 pips below candle low ? thanks
  • #166
  • Feb 28, 2016 1:56am Feb 28, 2016 1:56am
Quoting Mingary
{quote} Have you thought about helping him get a real job or help him make a career change that actually works? It sounds like your friend is wiser than you think because "he lost interest"
Quite the contrary Ming. FX is a great way to build wealth for those with the aptitude and fortitude to learn to trade skillfully. Unfortunately this can only be learned with practice on taking good entries and study on proper money management.
If you are good at something, never do it for free--Joker
  • #167
  • Feb 28, 2016 2:04am Feb 28, 2016 2:04am
Quoting jmn5611
{quote} Quite the contrary Ming. FX is a great way to build wealth for those with the aptitude and fortitude to learn to trade skillfully. Unfortunately this can only be learned with practice on taking good entries and study on proper money management.
Unfortunately, that is totally unproven and I challenge you to find even one "trader at home" who is "building wealth" with forex.
It's obvious that even a minimum wage job will make more money long term than any venture into retail forex trading.
They are far more people "building wealth" with a real job than there ever will be with retail forex (actually, they are not any, if there were any it would not be just hearsay, or rumor or what some people claim on websites such as this one)
  • #168
  • Feb 28, 2016 2:07am Feb 28, 2016 2:07am
Quoting varun76
Folks please go through the rules before posting, otherwise it seems you only want to get eyeballs for your profile. It is not a buy sell system where you enter the market when the stoch turns red or blue you need to switch to the lower time frame for the entry when price breaks all the Ema's, HERE IS AN EXAMPLE HOW THIS SYSTEM COULD HAVE KEPT YOU OUT OF A LOOSING TRADE, MAYBE A WINNER LATER. AUDCHF : People where thinking to sell {image} {image}
I still read page 1,
Pls help me understand this, @Varun :

So, based on the pictures on quoted post, we waiting for the price on AUDCHF h4 is below (break) all the EMAs to go sell ? or, forget it all if the price on H4 is keep go up..
-----

Another thing, from the 1st post, you said EMAs, but when the template applied, the MAs are SMA..
for me, its make an impact since price still above MA if I use SMA, but when EMA used, the price is below the MA.
Pls confirm..

thanks V..

P.S. :
PLEASE... DONT DELETE THIS THREAD..
I AM ONE OF THAT FELLOWS WHO STILL STRUGGLING TO MAKE MONEY, LEARN FOREX SINCE 2011 BUT ALWAYS ENDED WITH DEAD ACC..
TRYING TO GET OUT FROM FOREX TWICE BUT ALWAYS GET BACK TO MT4, FF, AND OTHER FOREX FORUMS..
  • #169
  • Feb 28, 2016 2:27am Feb 28, 2016 2:27am
Quoting Mingary
{quote} Unfortunately, that is totally unproven and I challenge you to find even one "trader at home" who is "building wealth" with forex. It's obvious that even a minimum wage job will make more money long term than any venture into retail forex trading. They are far more people "building wealth" with a real job than there ever will be with retail forex (actually, they are not any, if there were any it would not be just hearsay, or rumor or what some people claim on websites such as this one)
Captain Jack is one. Copernicus, bassramy, North Trader, FX Jay are a few. Al Brooks is another if you need someone who has written a book.

Edit: And I would add the OP to the list. When you learn to read the charts, you will immediately see who is making money. Or at least has their entries down.
If you are good at something, never do it for free--Joker
  • #170
  • Feb 28, 2016 2:29am Feb 28, 2016 2:29am
@Mingary !

I see you are even a "yellow" member. I'm completely mystified: why did you post here at this website 2732 posts (so far) about fx trading ? If you are convinced of the absurdity of all the retail forex activities people are providing here and otherwhere you should better sail away ?

Hmmm ... oh no: I understand you think perhaps you could (or must) even be a missionary fighting against the antichrist !
  • #171
  • Feb 28, 2016 2:34am Feb 28, 2016 2:34am
Quoting jmn5611
{quote} Captain Jack is one. Copernicus, bassramy, North Trader, FX Jay are a few. Al Brooks is another if you need someone who has written a book. Edit: And I would add the OP to the list. When you learn to read the charts, you will immediately see who is making money. Or at least has their entries down.
No, they are not.
It only proves - and it's a fact - that it's possible to make some money, some of the time. (Even I can do it ..)
But it's never consistent.
  • #172
  • Feb 28, 2016 2:34am Feb 28, 2016 2:34am
Quoting DerBerliner
@Mingary ! I see you are even a "yellow" member. I'm completely mystified: why did you post here at this website 2732 posts (so far) about fx trading ? If you are convinced of the absurdity of all the retail forex activities people are providing here and otherwhere you should better sail away ? Hmmm ... oh no: I understand you think perhaps you could (or must) even be a missionary fighting against the antichrist !

Indeed, preaching to the choir is boring (:
  • #173
  • Feb 28, 2016 2:45am Feb 28, 2016 2:45am
Yes bro ! You are indeed a brilliant fellow Chrsitian ... wasting his time ... undeviatingly fighting against the black forces (of forex trading) !

P.S.: Now you have already 2735 (!) posts here - I think they all are missionary posts ? Well done bro !
  • #174
  • Edited 3:35am Feb 28, 2016 2:53am | Edited 3:35am
Quoting Mingary
{quote} No, they are not. It only proves - and it's a fact - that it's possible to make some money, some of the time. (Even I can do it ..) But it's never consistent.
Ming

I do like your posts from time to time as it does put a grim view of things in the minds of retail traders to at least make them aware of the perils they are facing. I must admit, the optimistic carefree note of many of this forum irrits me as but generalities aside, why do you feel it is necessary to continuously inhabit this space and be the omen of bad tidings? If it is a sense of responsibility to help out the poor suffering retail trader, then don't bother or at least give it a rest and share some of the more positive ways that you trade or in your view maybe gamble, as obviously you are a player.

However have you ever considered that perhaps you may be just too black and white in your verdict. You are familiar with probabilities in this game and to concede a 100% certainty is a strikingly absurd viewpoint no matter what position you hold about this game.

For well capitalised traders or FM's who trade in the forex space using OPM, do you really think that it is all whistling in the wind. Do we disregard the audited returns of the successful active FM's who may have allocated a portion of their capital into forex as simply gamblers and can be found on sites such as IASG etc?

Do returns of these managers of say 10% per annum (after fees) with perhaps drawdowns exceeding say 40% every so often over say 20-30 years imply luck or skill. If you assess any business venture, ROI of 10% per annum pre-tax with major drawdowns in equity is standard fare and for a business that has survived 10 or more years or so is regarded as a solid performer. Why pounce on forex as if it is any different to other industry sectors or segments. Furthermore, it is simple prudence which makes a trader consider investing in other sources of income to supplement the volatility of returns. It is no weakness to look for alternate sources of income to supplement the game. That is simply wise business practice.

If this is an argument regarding whether or not the market is random walk, then let's have it. To simply state that no-one is successful in this space is simply a doggedly obstinate stance that is counterproductive to the intent of this forum and the positive collaboration we need as retail traders to battle in this very tough game. What gives?
  • #175
  • Feb 28, 2016 2:54am Feb 28, 2016 2:54am
Quoting Mingary
{quote} No, they are not. It only proves - and it's a fact - that it's possible to make some money, some of the time. (Even I can do it ..) But it's never consistent.
Please getoff my thread I have tolerated you enought till I saw this, even subscribed to you, but seems you want to make a war, check all my post till now, I have tried to be as much kind as I can, one more word against anyone or anything I'll show you real me. If you can't make this work consistently, move on get a job. Don't wast time here Its a community for people who care for each other even if this or any system doesnot works, no problem we'll fimd a new atleast we shared. Peopple make millions here that too consistently but no one wannt's to brag themselves, if somthing works for them they share it because they care you don't.

I'll be waiting for yor reply if positive ok, else I'll ignore you as I don't talk to ppl who don't have standard, trust me this is not a cent of me you examine me I'll show you what I am.

Regards untill you being nice to everyone
Precise Execution!
  • #176
  • Feb 28, 2016 2:56am Feb 28, 2016 2:56am
@kmr4uall

You must understand: your EA isn't "wrong", presumably it is good and well coded ! The point is: you never ever can't include into your code the Price Action defined actions of a Manual Trader ! There are zillions of EAs out based on the so called "mechanical" principles. They mostly fail sooner or later in extrem market situations. None of the EAs can beat the experience of a good manual trader ! To find a working EA is a long long journey ! So you may right and proper code any EA ... it's a possible but hard way to success in forex.
The strategy here is not a "mechanical" !! The success fully depends on the traders mind !
  • #177
  • Feb 28, 2016 3:06am Feb 28, 2016 3:06am
Quoting DerBerliner
@kmr4uall You must understand: your EA isn't "wrong", presumably it is good and well coded ! The point is: you never ever can't include into your code the Price Action defined actions of a Manual Trader ! There are zillions of EAs out based on the so called "mechanical" principles. They mostly fail sooner or later in extrem market situations. None of the EAs can beat the experience of a good manual trader ! To find a working EA is a long long journey ! So you may right and proper code any EA ... it's a possible but hard way to success in forex....
Yes I agree

http://www.extremetech.com/extreme/1...944-processors
atheer1
  • #178
  • Feb 28, 2016 3:19am Feb 28, 2016 3:19am
Quoting DerBerliner
@kmr4uall You must understand: your EA isn't "wrong", presumably it is good and well coded ! The point is: you never ever can't include into your code the Price Action defined actions of a Manual Trader ! There are zillions of EAs out based on the so called "mechanical" principles. They mostly fail sooner or later in extrem market situations. None of the EAs can beat the experience of a good manual trader ! To find a working EA is a long long journey ! So you may right and proper code any EA ... it's a possible but hard way to success in forex....
I agree too we get enough entries with any system but not all are winners its us who can make all the trades winner and not an EA, I read somewhere here in FF that a good trader can profit even if everyone trading against his sentiments. Think about it, we should not let robots overtake us or else the world will get destroyed.

V
Precise Execution!
  • #179
  • Feb 28, 2016 3:30am Feb 28, 2016 3:30am
Quoting Copernicus
{quote} Ming I do like your posts from time to time as it does put a grim view of things in the minds of retail traders to at least make them aware of the perils they are facing. I must admit, the optimistic carefree note of many of this forum irrits me as but generalities aside, why do you feel it is necessary to continuously inhabit this space and be the omen of bad tidings? If it is a sense of responsibility to help out the poor suffering retail trader, then don't bother or at least give it a rest and share some of the more positive ways that...
My sincere Thanks to you #Respect


Regards
V
Precise Execution!
  • #180
  • Feb 28, 2016 3:33am Feb 28, 2016 3:33am
Quoting DerBerliner
@kmr4uall You must understand: your EA isn't "wrong", presumably it is good and well coded ! The point is: you never ever can't include into your code the Price Action defined actions of a Manual Trader ! There are zillions of EAs out based on the so called "mechanical" principles. They mostly fail sooner or later in extrem market situations. None of the EAs can beat the experience of a good manual trader ! To find a working EA is a long long journey ! So you may right and proper code any EA ... it's a possible but hard way to success in forex....
Quoting Copernicus
{quote} Ming I do like your posts from time to time as it does put a grim view of things in the minds of retail traders to at least make them aware of the perils they are facing. I must admit, the optimistic carefree note of many of this forum irrits me as but generalities aside, why do you feel it is necessary to continuously inhabit this space and be the omen of bad tidings? If it is a sense of responsibility to help out the poor suffering retail trader, then don't bother or at least give it a rest and share some of the more positive ways that...
Quoting jmn5611
{quote} Captain Jack is one. Copernicus, bassramy, North Trader, FX Jay are a few. Al Brooks is another if you need someone who has written a book. Edit: And I would add the OP to the list. When you learn to read the charts, you will immediately see who is making money. Or at least has their entries down.
Thankyou for supporting this thread, Honored to be a part of you all.


Regards
V
Precise Execution!
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