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- forextrader01 replied Mar 19, 2010
My rules are now: while(holy_grail==false) { 1.- Find a method. 2.- Write it. 4.- Back test it for the 10 years. If(method_is_profitable==false) go to point 1 else if(method!=holy_grail) go to point 1 but meanwhile put your last method to work else ...
What is the key to sucessful FOREX trading?
- forextrader01 replied Mar 19, 2010
The parameters are the same that you use now or you have been changing them to obtain profits in this period? Test the martingale back 10 years with the same parameters to all years and see if it survives with good results. You could also post your ...
YOUR results with live, fully-automated EAs??
- forextrader01 replied Mar 18, 2010
You are assuming that forex is a totally randomly market with no patterns, I don't say that you are wrong, I will try to find some pattern that allways repeats, but if there is no pattern... There wouldn't be no difference between trade forex and ...
The only thing I have learn
- forextrader01 replied Mar 18, 2010
You don't need patience or to control your emotions if you write your high probability method into a code and run it. That's because I think your computer is more powerful than your brain to trade, think that our brain is not designed (by evolution) ...
Some lessons from the real world
- forextrader01 replied Mar 18, 2010
Of course, here you have a little example of an indicator that draws automatically trendlines: url There is a code for everything, the key is to find it.
The only thing I have learn
- forextrader01 replied Mar 18, 2010
Please, tell me in what that MA consists, I'm very interest in know why fail in real time but not in last 10 years, excuse me but I think that's impossible. I'm reading a lot of systems and testing them, I will try to code your system when I can, ...
The only thing I have learn
- forextrader01 replied Mar 18, 2010
Tell me what you can't code, I'm sure I can find a code to write it, maybe a long and complicated code, but there must be.
The only thing I have learn
- forextrader01 replied Mar 18, 2010
As another trader has told you to solve that problem you have to use SLs, so trade 10,001 will be only a lose trade, you will not lose everything in just 1 trade if you use money management. Because the last 10 years have been the most volatile and ...
The only thing I have learn
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The only thing I have learn
Started Mar 18, 2010|Rookie Talk|21 repliesThis is the only thing I have learn after 1 year of trading, and I'm sure that it's completely ...
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Price manipulation and SL hunting
Started Mar 17, 2010|Broker Discussion|31 repliesI want to denunciate here these thieves, they manipulate prices when you go profitable to hit ...
- forextrader01 replied Mar 16, 2010
OMG... 20 pips to break the more resistance of last 5 weeks... And during the Asian session... Is China selling their dollars?
EURUSD
- forextrader01 replied Mar 16, 2010
To provide liquidity is not to invest. Banks provide liquidity to people who invest leveraged, if you use only mini lots your provide liquidity can be only your broker, that act in fact like a bank... BUT investing in Forex is in fact to change a ...
EURUSD
- forextrader01 replied Mar 16, 2010
I think that commercial and central banks are the counterpart of the rest, because if you want to buy euros against dollars you have to go to a commercial or a central bank to change dollars by euros, so volume of banks is allways same than the ...
EURUSD
- forextrader01 replied Mar 16, 2010
Central banks determine the monetary price which all commercial banks must accept... There is no free market in the actual financial system, read the austrian theory of economics.
EURUSD
- forextrader01 replied Mar 16, 2010
Of course that central banks take part but not commercial banks, "investing banks" are not really "banks", it's an etymological fraud call banks to people like Goldman Sach, the most appropiate word could be "banksters".
EURUSD
- forextrader01 replied Mar 16, 2010
First you say 50%, then you edit and say 70%, you put Citi in 2 positions simultaneously... Please stop make up stadistics. Moreover banks are intermediaries, not players, for example if people want dollars to invest leveraged in stocks they lend ...
EURUSD
- forextrader01 replied Mar 16, 2010
Today should have been the day that the EURUSD broke the barrier of 1.38, but this has not happened, so I think this means there are big players selling in resistances and dropping the price down, expecting the euro-dollar parity within months. Of ...
EURUSD
- forextrader01 replied Mar 16, 2010
Test it from October 20, 2008 to January 20, 2009

YOUR results with live, fully-automated EAs??
- forextrader01 replied Mar 16, 2010
Too many risks...You can see here a simple but effective martingale: url It works well under normal market conditions during some months even years, but always fails backtesting in long term, unless you put the Limit parameter so high and the ...
YOUR results with live, fully-automated EAs??
- forextrader01 replied Mar 16, 2010
Test your martingale in year 2008 and post the results

YOUR results with live, fully-automated EAs??