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pemully commented Dec 20, 2011yep..the squeezing of the shorts is done....now a lesson for the bulls as the true trend continues.
EUR/USD edges higher
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pemully replied Dec 20, 2011i knew it would be hard to share.i thought you were extremely generous revealing your edge.i hear every system has its sell by date,especially if it becomes popular just like donchian channels,turtle trend system(richard dennis transformed $400 to ...
Daily Pivot Point Trades
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pemully replied Dec 20, 2011any more backtests? so far the win rate has varied from 40-60%. my own system has around 30-40% win and a R:R of 1:2 and is marginally profitable(27 % up for the year).im still looking for a real edge.
Daily Pivot Point Trades
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pemully replied Dec 19, 2011this egg and chicken debates really help no one.the unprofitable gambler is usually cocksure that he's right. the profitable trader just remains silent other than argue with vanity.
Is it true that anyone can succeed using any strategy?
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pemully replied Dec 19, 2011@diego bravo,bravo please continue with more tests. i am amazed by the risk reward,thought it should be around 1:1
Daily Pivot Point Trades
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pemully replied Dec 19, 2011the only reason i trade fx is coz i dont have enough margin to open a futures account.i trade crude oil through a bucketshop and that aint cool.i made the observation that fx is more political than other commodities...news every time..thatsucks.i ...
Do you guys find that forex trading sucks?
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pemully replied Dec 19, 2011@backtesters any further tests? why is every one so quiet...I thought several guys promised to show results of their backtests.
Daily Pivot Point Trades
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pemully commented Dec 18, 2011if all the big money is short,what is left other than a rally?
Speculators Bet Net $19 Billion Against Euro; Largest Position Since 2007
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pemully replied Dec 18, 2011guys how did it end? haven't got the will to read the whole thread.
How I Turned 1k To 100k In A Wk!!!
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pemully replied Dec 18, 2011what a waste....im ashamed of reading this thread.
The Holy Grail - Found
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pemully replied Dec 17, 2011yep! we need more tests to confirm.so far using foward testing on demo,it works great.the most important lesson ive learnt one which will greatly impact my trading from henceforth is to put tp or look for reversal at r1 region.thanks @all
Daily Pivot Point Trades
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pemully replied Dec 15, 2011wow! their spreads have really improved I'm seeing as low as 1 pip on AU on my demo...hope its for real coz I'm considering opening an account with them.
Off shore broker for US customer - Trading Point?
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pemully commented Dec 13, 2011I cannot overstate the advantages of being purely mechanical trader....but I'm of the idea that the euro will rally either today or tomorrow ..basic reversal tendencies....either way I look to trade only p.a
Downside Risk To $1.2450 Seen In EUR/USD
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pemully replied Dec 13, 2011somehow the futures traders accounts are always made whole by the big boys...its the stocks and spot guys who are left wailing and gnashing their teeth.
MF Global
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pemully replied Dec 13, 2011how's oanda mt4 doing guys ...does it have constant freezing issues like demo even without news?
OANDA Discussion
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pemully replied Dec 12, 2011every trader is different...i tried the high win % with 2:1 risk reward and it was a disaster....with my 30-50% win rate and 1:2-3 risk reward,I can say im averaging slightly over 10% a month overall though im having discomfiting drawdowns every now ...
20% per month. Is this possible?
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pemully replied Dec 10, 2011it's not impossible to be profitable using this system...but its not really revolutionary ....the guy makes 7 figures from subscriptions...that's what truly amazing.
Let's rank members by their performance in FF's trade explorer!
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pemully replied Dec 9, 2011eelfranz must be laughing himself silly...coz he knows the maze he's created...their eyes be closed that they cant see.
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