Never Lose Again

[razorboy]

I love this exchange

Msforex - your system sucks and it doesnt work
Everyone - you aren't testing it right. you have errors in your EA and your data maybe flawed.
MsForex - Doesn't matter, your system doesn't work. It is a scam - give me a break with this crap! I had a look on the BUY ZONE sourcecode as well and all what it does is marking a FIXED 7 pip entry point below/above the last open price. This will give you the same chance of winning (or better said losing) than placing a trigger point on a psychological level and/or randomly on the chart! Gambling at its best!.

7? was I reading the same documents - i see some 3's and 4's for the zone, but no 7 - maybe this is like the 30 pip SL in the EA?

[razorboy]

Ms Forex........i spent years in healthcare dealing alternative medicine quacks who insisted that mainstream medicine had it all backwards and naturaopathy/homeopathy/psychopathy had all the answers, yet only offered flawed logic/very poor science to defend the argument

Maybe you are right, a fixed 7 pip entry point is no better than random entries, but where have you demonstrated this. Maybe a fixed 7 pip entry on a reversal trade after a 3 hour trend is something that is statistically significant?

[Pasi]

Hi TRO and the rest of the gang.

TRO would you be willing to code an indi for metatrader to calculate the average lenght of the upper and lower wicks for n ammount of candles? Or maybe you have allready done that That would be so cool.

I think it is my first post here and allready I'm requesting something lol But don't get me wrong, I've been reading and learning to SEE from this thread and the one at babypips for quite some time now. I think that indicator might be useful.

Thanks, i really enjoy reading the information shared here keep on rolling

[TheRumpledOne]

Buzzards still working.

[TheRumpledOne]

msforex, I PMed you a while ago, did you see it?

[pierre23]

Jess, I did a similar trade to you. Saw price was going up, using just the dyn fibs and checking the H1 H4 and D1. The D1 range was (about the time of entering the trade) the same daily range as the day before.. This was about mid day. Because it was only half into the day and already the range had hit the previous daily I knew there was more pips to be had for the day.

Entry: 136.75
Initial SL: 136.25 (50pips)
Trailing SL: 30pips

Hit TSL: 139.85

310pip profit in a little over 7hours.

I went back to the charts to see where price went back down to stop me out and I found if I had my TSL at 50pips instead of 30 I would have made another 100pips before getting stopped out.. but I'm not one to complain.

I'm mainly focussing all my trades on GBP/JPY.. I like the pair. Yes it has a spread of 5-10+ during the day, but at late afternoon/night time here (Australia) the spread is usually around 3-4. Which works out great, I can trade a good pair after work

[Sweet Pip]

Most of my trades are BUZZARDS. It's just too simple.

If there is no BUZZARD trade, then I'll do a PSYCHOLOGICAL trade or a NO BRAINER.

Ok, I'm a little hesitant to ask...what's a NO BRAINER trade?

I know it has something to do with monthly charts and the Linear Regression, but can you elaborate a little more?

Thanks

[Sweet Pip]

Most of my trades are BUZZARDS. It's just too simple.

If there is no BUZZARD trade, then I'll do a PSYCHOLOGICAL trade or a NO BRAINER.

Ok, I'm a little hesitant to ask...what's a NO BRAINER trade?

I know it has something to do with monthly charts and the Linear Regression, but can you elaborate a little more?

Thanks

Ok, nevermind...I found the links on the home page and will go read up.

[TheRumpledOne]

Playing with currency strengths.

http://articles.mql4.com/484

[razorboy]

I'm lost......is it just a reversal to the mean type play?