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Posts posted by loopyno
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hi minhtri
i did not say it is a system
but an indicator must be understood before using :)
so thank you very much for your share :) we just need someone to share some knowledge about it :)
Loopyno
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awesome but do you know how to trade it?
Loopyno
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I do not know anything about this author, but if he did not fake his claim, he appeared to have doubled his account ten times within 25 days. If this claim is correct, that is quite impressive.
But one wonders, if he is truly confident with his trading skill, why start with only $123.29 in the account?
well i am also confident in my Elliott Wave skills but i have no money to trade http://indo-investasi.images/smilies/happy.gifhttp://indo-investasi.images/smilies/happy.gifhttp://indo-investasi.images/smilies/happy.gif
i only posted this link because the only great trader/analyst i did not study so far is WD Gann ... and while searching i found that link ... i understand it is not a system but some useful info
now on the downside ... i saw that in one of his last posts on forex factory he said he was down 400 pips ... which is like .... disappointing :)
for those interested in WD Gann here are some conclusions until now:
1. He did no trade FOREX http://indo-investasi.images/smilies/icon_mrgreen.gif his books are on stocks and commodities :P :)
2. I've talked to a guy that studied gann but he could not tell me if gann works on forex (never heard of this and never tried it)
3. What he told me is that if Gann Angles work then ... there is a high probability Gann studies work http://indo-investasi.images/smilies/happy.gif
4. The lowest timeframe i saw on the charts was Daily
5. Scale factor is ... crucial http://indo-investasi.images/smilies/happy.gif Don't believe me? Draw an Angle Line with any angle u want. Then zoom in and out ... while the chart changes the line will not so that will effect the entire analysis
that is what i have to share so far http://indo-investasi.images/smilies/happy.gif
Take care,
Loopyno
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Hi everybody
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=180498161372&ssPageName=STRK:MESELX:IT
Any thoughts on this one?
I found it in forex factory in a thread that was discussing WD Gann ...
Loopyno
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Inside this forum, there are tons of great stuffs, good stuffs, and useless stuffs. If you ask 1 person s/he will show you 1 way. If you ask another person, s/he will show you another way. So, which EA / Trading System / Book that is good? Which one is suitable for us?
Please read this short story for a while. This is a Chinese folktale, and I think quite relevant for us.
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In a remote distant village, there are 7 wise men who live in a peaceful village. They live nearby and the whole citizen of the village respect them and always do what the wise men told them. After all, they are wise.
One day, a middle age old man took his 14 years old grandson to the town to buy groceries. They also took along an ox with them so they could put things on the ox on the way back. Thus, the 3 of them set out to the town.
The old man put his grandson to ride on the ox and he walks along side the ox while chatting happily with his grandson.
After walking for a while, the 3 of them (the old man, the grandson, and the ox) met wise man no.1.
The wise man no.1 rush to them and scolded the grandson, "Such a disgrace. How could you let your old grandpa to walk while you sit happily on the ox. You must respect your elder. Get down from the ox and let your grandpa sit on the ox"
So, the grandson get down from the ox and the old man sit on the ox. They then continue their journey with the old man on the ox while the grandson walking alongside the ox.
After walking for a while, the 3 of them met wise man no.2.
The wise man no.2 rush to them and scolded the old man, "You moron. You are ruining our future. Children is our future and you let a young child like this walk while you sit on the ox happily. He is still growing and his bones could not suffer such a burden. You on the other hand are not that old and could stand the burden to walk to the town."
So, hearing the advices from wise man 1 and 2 they decided to walk together. So this time, no one is sitting on the ox.
After walking for a while, the 3 of them met wise man no.3
The wise man no.3 scolded them and say, "You are both stupid. The distance to the town is quite far. This ox has nothing to do, what's the use of bringing an ox if you are not going to use it?"
After hearing the advices from wise man 1,2,3 they both decided to ride on the ox together.
After walking for a while, the 3 of them met wise man no.4
The wise man no.4 scolded them and said,"Both of you are cruel and ruthless. How could you let such a small animal like this ox carry both of you to the town and back. If the ox died in the journey because of exhaustion, isn't your effort of bringing the ox goes to waste?"
After hearing the advices from wise man 1,2,3,4 they both didn't know what to do and they both decided to carry the ox together.
Nearing the town, they met wise man no.5
The wise man no.5 said, "Such a brainless action. An old man and a child carrying an ox. Ox should carry human, not the other way around. Where are the Gods who created brains on these idiot people."
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Now, I think it's quite relevant for us, isn't it?
There are many so called or even self claimed gurus out there. They all said, "My system could make you rich overnight" Like those 5 wise men from the story, which one will you listen to?
There are also people here who have different opinions and kindda "fighting" one and another. Which one is correct?
Let me hear your opinion on our financial situations.
Regards,
i guess now one of us should ask who are the other 2 wise man? (7 - 5 = 2 :) ) and the grandpa and the son .... should be ... the other 2
Loopyno
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maybe u did not understand me ....
i am not saying this or all repainting systems are profitable ...
i am saying that this system is like any other ... before saying it is not profitable ... one should test it.
it is like saying that if I can not swim ... no one can
it is your choice ... if someone says it is crap just like that and people believe it without any proof ... then ...
Loopyno
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This system is crap - dont waste your time.Many thanks for sharer....
why is the system crap? did u try it or something?
i am not saying it is profitable but saying it is crap only because it has some repainting indicators ...
during the years i talked to a lot of people using repainting indicators ... using them and making money at the same time
Loopyno
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i think the link does not work ...
or maybe it is only me
Loopyno
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I have voted. Could i try the system please.
Check the first post
Loopyno
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loopyno, I would like to test ur indicator too.. Please add me loopyno.
Thanx.
Well i did not knew there is a way to create groups here but Kardel helped us with that :)
I think it is best if we do the tests on this forum :) not somewhere else as i wanted to in the first place :)
So now everyone interested go to this link
http://indo-investasi.com/group.php?groupid=3
About the indicator ... the indicator is not that important ...what it does is to implement the TD Demark Lines principle doing 90 percent of the job (except the SL because it depends on the TF)
U will find the indicator in that group as soon as we start testing ... but please ... concentrate on the method not on the indicator because it is not a Holy Grail
I also updated the first post :)
Loopyno
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Hi Kardel,
you are totally true, but loopyno mentioned in first post an indicator what is his own work and never tested yet.
Good luck for us!
u are right :)
Loopyno
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IMO TDsequensial, TDprojection and TD trendline are intended for forecasting only. The result are good, wouldn't even bother to adjust it. its still the best but somehow you need to tweak it with your own indi such fractals/zigzag for phase , ema , sma ... cos this TD did not show the "current" except its osc , which is confusing .. for me :D
hi Kardel,
my first intention was to learn as much as possible about Demark ... not only use and indicator :)
so i read a few pages and as i read i created that indicator that does most of work for trading the trendlines (it draws the demand and supply lines, it calculates the projection and it draws the target price - btw i was shocked to see it work right to the last pip although targeting each and every pip is a bit tricky and risky)
so then o thought i need to study a little more and then start testing ... doing this with a group i think is more productive because the number of ideas will increase exponentially
Loopyno
PS TD Sequential is something i did not find very reliable ... but then let's not forget i did not do my homework
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Still no news about testing it ???
i wanted to enjoy some of the weekend :)
i will send u a PM asking for username and email because i need to create the users for u manually
Loopyno
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Sure I would like to test it, Please add me to the list
hi toddanderson
i updated the first post :)
Loopyno
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I will be glad to test. I have the time.
hi jdsim1
i updated the first post /images/smilies/happy.gif:)
Loopyno
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ok we are 12 so far and 1 in standby (ezclick) :)
i think it is enough to start testing
there is also a high probability that some of us will give up because this will require some realtime work :)
and let's not forget we are not talking about a sure thing here :) i can only promise that i will create any indicator that will help us trade this method
so we will give our best before we draw any conclusion :)
i will get back to you with a link and instructions
Loopyno
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I voted = i would like to test it..plsz add me to the list..
hi traderfxpt
i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif/images/smilies/happy.gif
Loopyno
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This sounds very interesting.
I would like to be included in the test team.
Thanks
Hi Skygod,
i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif/images/smilies/happy.gif
Loopyno
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i'm interested...all ready try td sequential + combo before this..have quite a good result because we can expect where the turning point of the market based on the formation of each candle..
So,i'm voting to test this system...Thanks
hi ezclick,
so do you want to be part of the testing team?
Loopyno
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Voted would like to test. Add me to the list.
Thanks
hi forexi
i updated the first post http://indo-investasi.images/smilies/happy.gif/images/smilies/happy.gif:)
Loopyno
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ok thanks buddy..hope u send(pm) to me download link soons..monday can test it..
hi mtx_69,
i was thinking to instal a forum on a domain i have ... and we can all work there.
i would be easier to discuss and organize.
i was also thinking that before we start testing we should study a bit :)
but this is my opinion ... when we gather we will all decide what the steps should be ... i am not the boss :)
Loopyno
(REQ) ElliotWave indicator
in MetaTrader Indicators Request
Posted
lol ... maybe it is a different theory because in those picture the count is ... unusual to say the least
Loopyno