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4xinvestor

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Posts posted by 4xinvestor

  1. I didn't know if I should post this in a different place. Anyway...

     

    I think this applies mostly to scalpers, but sometimes, important news can turn a peaceful scalping GMT night into a trendy horrible nightmare for a scalper.

     

    I've heard a lot about that, and I also know that I can see the upcoming news on forex factory, but:

    1 When do the news affect the robots? Is the robot starting to trade 1 hour after the news safe, or is it 5 hours safe?

    2 Sometimes you see a fomc meeting or obama speaking. Do they only affect USD pairs?

    3 And does a fomc meeting at 5pm affect a robot that trades from 9pm to 11pm?

    4 And what kind of robots are usually affected by news, is it only scalpers? Martingales also?

    5 And is it only the high impact news dangerous?

     

    Can someone please answer this questions for me?

    tks a lot

     

    1. Any news can affect the performance of a robot..news that deviates far from the expected causes fast movements.

    2. No, it doesn't. Can affect Eur pairs and possibly others(never looked)

    3. the normal sentiment should be back into effect by then.

    4. ANY robot can be affected...news can send price in either direction.

    5. High impact is most dangerous but lower ones with high deviation can screw up your robot trade

  2. so for finding an entry point basically he uses a major support or resistance. guess part comes when he changes his S/r to come closer to the price ie shorten the range. My best advice to people would be to on m15 when you see a candle breaching a major S/R then at the end of candle start this progression. that will take out lot of guessing. regarding video it takes sometime 1 hour and sometimes many to complete the overall session. I can post examples which you can already see on his blog and try to explain.

    major S/R meaning 4hr and higher?

    is he trading the bounce off of these or the break through these?

     

    thanks MUCH

  3.  

    I think his current system has some subjectiveness to where to enter. Once you define an entry point after that its all mechanical.

    .

     

    There has to be a way to describe how he finds the entry point...can't be intuition, has to be some kind of reasoning

    I wanna jump in the room but i think i have to be UP at like 2AM my time, EEEEEEESH

     

    I talked to him about MT4 trade copier but not sure if he's working on that or possibly an EA.

  4. And finally: he said that his true strategy is not fully disclosed in his manuals he sold and only those who

    are with him in the trading-room get his trades and can copy them.

    I don´t know if he explains to them what he is doing and why he is doing it.

     

    so anybody who spent the $$ for a manual got screwed...

    if you learn the system in the room it may be worth it, but i wonder if the info is even explained in decent english

  5. I am finalizing on my stratergies, Demoing some new ones. I am currently making 30 % and above a day. Please don't ask me for it, Because I have done a lot of hardwork finding it, I call it 'The Hybrid' .. am gonna go live with it soon! :) ..

     

    Please :- I am not spamming. If My post looks unsuitable to the admins, they can remove this post! ..

     

    Regards,

    Harsh

     

    let us know if it works on a LIVE account..quite often EA work on demos but blow up on live accounts.

    not sure why'd you even bring up the subject and then say 'don't ask me for it'

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