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freddy

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Posts posted by freddy

  1. Hi guys,

     

    I took a long GBPUSD for 97 pips (target hit) and a short USDJPY for around 34 pips (closed manually) (too bad it is on demo!)

     

    @ alright: How did you manage to get all these pips in USDCAD, my chart only has 72 pips for the day?

    (Low 9911 to High 9983)

     

     

    @ phreak: For the entry signal: take the midpoint, as I explained in an earlier post.

     

    @ lifebeam: Daily signals are more powerful, less time consuming and if you get a reversal (so what!) you loose, it all depends on your MM, it is a 1:1 RR, but actually it is accurate and way better than 80%.

     

     

    But we cannot say how it will be in the future.

    But I must say, i am quite surprised by this little soft.

    I agree it is for lasy people, but it works pretty good! (until....?)

     

     

    Let's see....

  2. Here is what i found googling:

     

    hxxp://www.myfxbook.com/members/FXPersia/3pairs/75346[/Code]

     

    This fxpersia has a site (in Iran)

     

    [Code]hxxp://www.fx-persia.com/en/[/Code]

     

    offers all their services for free if you open an account through their links.

     

    -------------

     

    I also found this trading system which uses the same approach:

     

     

    "The 3 pairs are: EUR/JPY (Athos), USD/JPY (Porthos) and EUR/USD (Aramis)"

     

    [Code]hxxp://www.forexfactory.com/showthread.php?t=266629[/Code]

     

     

     

     

    But, Ho3ain a simple question:

     

    why not ask directly your "Personal" who managed your account?

  3. Welcome Tommy,

    I wish you success.

     

     

    The most important thing, BEFORE looking for a trading strategy is to understand Money Management (MM).

     

    MM helps you stay "alive", meaning that even if you loose one trade, a second and sometimes few trades in a row, the next one you are still able to place a trade.

     

    Don't learn how to win money, learn how to minimise your losses.

     

    Also, you are right, indeed, it is good to trade on demo but just the time to know how to use your platform of trading or for a new strategy you want to test.

     

    It is better to use real money to feel the real deal! but don't be fool.

     

    Don't put all your money in a real account.

     

    Nowadays, you have microlots and can open cents account, (1 pip= 1 cent).

    Just take it as seriously as if it was a $1000/pip account.

     

    Even with that knownledge, you will blow your first(s) account(s), so it is better to put max $100 to $250.

     

    If you cannot be profitable with micro accounts, of course, you won't be able to manage a bigger account.

     

    Also, take your time, I repeat, TAKE YOUR TIME, forex market will be there tomorrow, so don't worry about rushing.

     

    Learn, learn, learn. Indo-Investasi is one of the best place for that, you have wonderful people sharing everything.

     

    Last thing, don't expect to be zillionnaire tomorrow morning, dream big but at a slow pace and you will get the moon.

     

    Have a nice w.e.

    freddy

  4. Master9357, thank you for your sharing spirit.

     

     

    I agree with Soundfx, false joys of automated trading come too often.

     

     

    Also, I do not want to play the pessimist, but after reading the title of your thread, I thought that it was a DD of 0.96% for a profit of 100%, which would be remarkable.

     

    However, it must temper our enthusiasm, because the gain is actually 2.17%.

     

    Now you use a margin of 1:1, if you use 10 times more, you'll get a 9.6% DD and 21.7% gain, which is not so bad, as you say, if you can make that every month.

     

    Wish you best luck in your quest.

  5. Hi everyone,

     

    I found that page which offers free technical indicator EAs.

     

    hxxp://forexforums.dailyfx.com/expert-advisor-discussion/68570-free-fxcm-expert-advisors.html[/Code]

     

    I did not try any of them.

     

    They seem to be very basic EAs but it might be of interest for those wanting to learn coding and also for those who don't want to reinvent the wheel!

     

    If you find something useful don't forget to share your findings.

     

    Hope it helps!

    freddy

  6. freddy when you say "put this indi on every chart you plan to trade" you mean put the expert advisor on the chart I plan to trade, that the stealth EA, or is there another indicator?

     

     

    An image worth thousand words, hope it will be clearer for you!

     

    If not, ask again what you don't understand.

     

     

     

     

    http://img507.imageshack.us/img507/5071/stealthj.jpg

  7. I ran a few tests. Let's assume you get a signal, and then press the "Generate" button several times without refreshing the data file, the levels won't change. The minute that you refresh the data, the levels will change, no matter if it's a few secs or mins after. That means the signals are tied to the moment and the updated price at which the button is pressed. So I have the impression the software analyses the trend on 2 TF's and maybe some levels (fixed or moving? I don't know) and if the price at that moment is between and/or at a certain distance from those levels, the signal is triggered with similar stops and targets.

    So quite a dumb software if I can share my 2c and I can't see how this can be profitable in the long run.

    At the moment I'm in a loss (65 pips), partially recovered (it was up to 200!) with trades still open, although I intentionally ignored the NFP and let the open trades run. So today I will blame the news. I hope my analysis is wrong. Let's see.

     

    Yes, it is better to avoid news time.

     

    If you are in a trade before news, just close your trade be it profitable or not.

     

    This soft won't be reliable during the high volatility time.

    But it is the same for any analysis during news.

    Like you said, you were up 200! ;)

     

     

     

    For Day strategy, you can do your calculation one or twice a day.

    If you have a signal, great, that is all for the day for this pair.

    If you do not have a signal, you can look for signal every hour or so.

     

    For 15m strat, when I have a winner, I do not take the following signal if it is in same direction or i will wait for a significant retracement.

    It also depends if you are already in a Day trade for that pair.

     

    I must say it again, I am impressed by the accuracy of signals (apart news time), I wish I could understand the logic behind!

  8. ...................... Only wish that when it gave a signal, it would also give entry point so late comers to the signal would know if it was still worth taking.

    Thanks for posting this and the mt4 indi which makes life so easy. Wish there was a script in the software to upload the csv files automatically every 5 mins to check if there wasa signal!! Any programming bods who can crack that will have eternal gratitude, I'm sure.

    Pardy

     

    By using the "trigger" point as I said in post#38 you always know if it is worth taking the trade.

     

    A script would be great, if possible!

  9. To always have a 1/1 RR.

    Take the midpoint of Target and SL as the trigger.

    Just place a Stop or Limit order.

     

     

    You can take the trade as soon as you get the signal with a small quantity and place a pending order with a bigger quantity at the trigger price.

     

    Like that, if you get stopped out before the pending order you loose little.

    If it goes to target without first returning to trigger price, you at least win a little.

  10. Alright,

     

    I agree with you, that's what I said earlier, i am impressed by the accuracy of signals.

     

    I also agree that if it is good like that we must buy it to his creator.(fair enough when you see all those crappy things sold everyday)

     

    But I really would like to understand what it is made of, it is not cracking to save money, it is to understand what the logic behind is (education is good).

     

    Also one thing I don't understand:

    The basic package is $49/month.

    The pro-version is an upsell for $79 (one time payment).

    Could someone who already purchased explains what the real deal is?

  11. Yes, with Jaibee's trick, it saves a lot of time, thanks for pointing it.

     

    I am quite impressed by the accuracy of Stealth signals, but I don't like black boxes because I want to know what the logic behind.

     

    Could a pro tell us how to open the exe files to read the code,

     

    One is called forex_basic.exe for the simple version.

    The other is called forex.exe for pro version.

     

    That would be great if a coder look inside, also to see if there is a date ending inside?

     

    Thanks in advance

  12. From what I understand, yes you have to load new data for each TF as time goes by.

    Easy to do, but yes time consuming if you plan to scalp every 5minutes for all pairs!

     

    I tried yesterday the long term strategy and like i said on my earlier post it was profitable.

     

    Today, i just tried now on the first 4 pairs:

     

    EURUSD:no signal

    GBPUSD: BUY Target:1.56673 SL:1.54529

    AUDUSD:no signal

    USDJPY: BUY Target:82.351 SL:81.602

     

    will see results later!

     

     

    But do traders know if the soft will still be giving signals next week or month.

     

    It seems there is a monthly fee so logically it should stop working unless someone can educate it!

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