5 years and still no strategy | Page 108 | Forex Factory

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5 years and still no strategy

  • #2,141
  • May 21, 2017 7:20pm May 21, 2017 7:20pm
Quoting dkrock
{quote} Well, actually, I found precision killed me. It created whipsaw that caused me to lose a lot of money. So, I modified my signal to look for the point where price actually moved vertical and the market stopped playing games. For precision, I then used a lower time frame to find a better entry/exit against those points. This means that I only get 40% - 80% of the total movement from high to low, but, since it is consistent, I can accumulate pips trade-by-trade without giving them back from losses. For instance, in this pic the yellow 3 and...
Yes I totally agree. Your system is similar to mine.
My system follows the flow as well, same as yours.
However in my system each frame tells a story and give certain kind of meaning to that particular flow.
The volume, momentum, elliot wave tells a story that makes traders anticipate what the next story will sound like.
That way we know the rhyme and soul of the story and able to understand the story the market about to tell.
I hope you get what I mean.
This is not investment/trading advise. Will not hold accountable for loss
  • #2,142
  • May 21, 2017 7:23pm May 21, 2017 7:23pm
Quoting RondaRousey
{quote} You are a 28yo glorified janitor that does not listen to people that are older, smarter and wiser than you. You have been given various advise and ignored them all. You are too stupid to be taught anything. I have said many times before you cannot do much for losing traders. They only know how to lose.
Whatever you say buddy. You're getting blocked now. It's a waste of my time to read any more of the words you put up here when you can't process the obvious. Your trolling has already exhausted too much of my patience. I'd prefer to save that for the market as opposed to your worthless self.

Like I said; go fix your issues. Then you can talk with the adults. Maybe then you'll figure out how to trade rather than just how to troll.
"The fun is in the hunt. Not the kill."
  • #2,144
  • May 21, 2017 7:35pm May 21, 2017 7:35pm
Quoting yousername
Hidden
Damn angry man here. So much anger im guessing all the fib stochastics strategys didnt guess right last week.
  • #2,145
  • May 21, 2017 7:38pm May 21, 2017 7:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5804.PNG Size: 32 KB


YNames long.
Howd that fib workout??
went long against supply at top edge. Nice work. lol amatuers.
  • #2,146
  • May 21, 2017 7:45pm May 21, 2017 7:45pm
Quoting WolGod
{image} YNames long. Howd that fib workout?? went long against supply at top edge. Nice work. lol amatuers.
It's ok WolGod. I made mistake and lose couple of battles, I admit it. But I won the war last week. Thank you for your concern. Cheers.
This is not investment/trading advise. Will not hold accountable for loss
  • #2,147
  • May 21, 2017 7:49pm May 21, 2017 7:49pm
Quoting yousername
{quote} It's ok WolGod. I made mistake and lose couple of battles, I admit it. But I won the war last week. Thank you for your concern. Cheers.
Sure you did champ. You dont know what youre doing yet and thus inpossible for you to be "winning the war"
  • #2,148
  • May 21, 2017 9:28pm May 21, 2017 9:28pm
Quoting VEEFX
{quote} "Banks move money by pending orders. Therefore, if you want to know the direction, you need to average the amount of buys against sells and trade in the direction that has more. If you are not averaging the transactions, then really, you have no idea what is going on." Would you care to show how a retail trader would average the bank's transactions?
https://www.forexfactory.com/showthr...41#post9145741

I believe this guy and for what is worth please I did not post this to start a fight about pending orders and market orders, I just think this is more accurate. A lot of golden nuggets on that thread by the way.
Read in between the price!!!
  • #2,149
  • May 21, 2017 9:43pm May 21, 2017 9:43pm
You could argue Pins are limits orders.
  • #2,150
  • May 21, 2017 9:56pm May 21, 2017 9:56pm
Quoting VEEFX
{quote} Nice read. Thx for the link. I will make another 'bold statement of the day". Any retail forex strategy (any pair, any timeframe, any style) which incorporates placement of pending buy/sell order for entries and/or exits is NOT a long term (minimum 3 yrs) profitable strategy. Let's see if anyone is willing to dispute this with supporting facts.
What sort of consistent strategy would you recommend for traders?
I appreciate it.
This is not investment/trading advise. Will not hold accountable for loss
  • #2,151
  • May 21, 2017 10:40pm May 21, 2017 10:40pm
Quoting VEEFX
And to all the snipers out there, watch your health. One fine day, you will have a lump in your ass, gain 100 lbs of weight waiting for market to come to you for precision entry. Good luck to you all out there. Make sure you spare some of your profits towards health insurance. You WILL need it !!!
That's the huge downside to sniper trading - be there at the right time right place to take the trade, that's the most difficult part. Ofc algos help but to get it do the job as we would do it manually is a very difficult task to achieve, what more with intra day small tf where market moves rather quickly.
  • #2,152
  • May 21, 2017 10:58pm May 21, 2017 10:58pm
Some sayings for those who engage in arguments then regret it.

Don't answer the foolish arguments of fools, or you will become as foolish as they are. - Proverbs 26:4
Don’t argue with idiots because they will drag you down to their level and then beat you with experience. —Greg King
Never argue with a fool; onlookers may not be able to tell the difference. —Mark Twain
Never argue with an idiot. The other person may be doing the same - Unknown
Ecclesiastes 1:9
  • #2,153
  • May 21, 2017 11:02pm May 21, 2017 11:02pm
Quoting newbegger
Some sayings for those who engage in arguments then regret it. Don't answer the foolish arguments of fools, or you will become as foolish as they are. - Proverbs 26:4 Dont argue with idiots because they will drag you down to their level and then beat you with experience. Greg King Never argue with a fool; onlookers may not be able to tell the difference. Mark Twain Never argue with an idiot. The other person may be doing the same - Unknown

Oh, one more:
If you don't have something nice to say about someone, don't say anything at all. - Mom
Ecclesiastes 1:9
  • #2,154
  • May 21, 2017 11:10pm May 21, 2017 11:10pm
where is there some money to be made today, that's what I want to know, any ideas about that?

I'm looking to lay some cheese on 145.65/70 in GJ, and 7380/85 in the Aussie....
Look Sharp/Trade Tight
  • #2,155
  • May 21, 2017 11:11pm May 21, 2017 11:11pm
Quoting VEEFX
Anyone? Let's bring it down to ONE year of consistent results {image}
lol

ok i'll accept this challenge

let's make it interesting

lets say i will prove that i can be net profitable in 1 year..just give a future start date?..is there anything that we can bet on?

$10k?

we can make it offiical..i'll trade for 1 year, you pick any auditing house (we can split the cost of auditing)...and if i win, i get 10k, if not, i'll give you 10k?

cooL?
  • #2,156
  • May 21, 2017 11:16pm May 21, 2017 11:16pm
hilmy is good for the 10 large, I can vouch for that...
Look Sharp/Trade Tight
  • #2,157
  • May 21, 2017 11:27pm May 21, 2017 11:27pm
Quoting RondaRousey
{quote} A challenge? I can give you a year of consistently profitable LIVE trading results of pure algo trading at the end of the year if you want. But what do you offer me that I don't already have in return? I will set the bar high of 20,000 pips in one year
ok veefx..you have two now

manual or algo, or both..
guy like you with fancy cars surely can afford a 20k bet right?

ball's in your court friend..
  • #2,158
  • May 21, 2017 11:40pm May 21, 2017 11:40pm
Quoting hilmy83
{quote} ok veefx..you have two now manual or algo, or both.. guy like you with fancy cars surely can afford a 20k bet right? ball's in your court friend..
kind of quiet

i'm assuming the old man is fast asleep..i'm gonna catch some zzzs too before trading starts..be back in a few hours to see response..if any
  • #2,159
  • Edited May 22, 2017 12:31am May 21, 2017 11:53pm | Edited May 22, 2017 12:31am
Quoting VEEFX
{quote} Stop being stupid and respond to his every jab at you. he is feeding your emotion on a platter and you are grabbing it with both hands. You will ALWAYS remain a Janitor because of fools you cannot ignore ! Ignore the noise dude and stay true to your journey, your goals. You decide where to go... others will decide to throw rocks at you. If you stop to pick up each rock to throw back at them, you know where you will end up. THINK ! I know you surely can.
I am well aware of what he was trying to do. Which is why I repeatedly informed him that he's being a dumbass unnecessarily. Sticking fingers in my ears and going 'nananana booboo I can't hear you' shouldn't be necessary. He dragged it well past the point where he's just cluttering up my reading-space for attention and that's simply disrespectful.

Sometimes the inbred sociopaths really are the dumbest of the bunch.
"The fun is in the hunt. Not the kill."
  • #2,160
  • Edited 12:17am May 22, 2017 12:00am | Edited 12:17am
Quoting VEEFX
{quote} Nice read. Thx for the link. I will make another 'bold statement of the day". Any retail forex strategy (any pair, any timeframe, any style) which incorporates placement of pending buy/sell order for entries and/or exits is NOT a long term (minimum 3 yrs) profitable strategy. Let's see if anyone is willing to dispute this with supporting facts.
Your 'bold statement' was too bold for us to present you with any evidence you'll accept... but I don't even know why you'd make such a claim to be honest since it's easily proven false. Any order that's "pending" could be 1 pipette from the current price... which would technically be a 'pending' order but have almost zero significance on the trade's profitability one way or the other. I know my broker requires that they be placed a minimum of 0.5 pips from the current price.

So, you can clearly see that I've done it.
"The fun is in the hunt. Not the kill."
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