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tdion replied Nov 25, 2007OMG just read over the 2 pages and that is all we've talked about. LOL
High & Low 8 Hours (GBP/JPY)
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tdion replied Nov 25, 2007Are people still using Jacko's AH w/ Cornflower? How have results been?
Cornflower Hourly System
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tdion replied Nov 25, 2007Do you have an example of a high probability system based on math? I guess I wonder..... since every system is prone to risk..... that losing 10 times in a row with a high probability will always be in the cards....
Bash that system!!!
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tdion replied Nov 25, 2007Instead of making blanket statements that "backtesting is a joke," how about look at what the backtester is doing when making the reports. Scalping EAs and swing trading EAs without at least M1 data will not be accurate.
Bash that system!!!
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tdion replied Nov 25, 2007Do you mind posting the graph of 2002-2007 w/ spreads included? I don't think I've seen that one yet.
High & Low 8 Hours (GBP/JPY)
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tdion replied Nov 25, 2007Would such a trade be called an "irrational move" as coined by Cornelious of "Trading in 8 Pairs?" Such a move might be on October 5, 2007 on the EURUSD when there was no impacting news (that I am aware of)..... Note the immediate retracement on the ...
Bash that system!!!
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tdion replied Nov 25, 2007Fibs are an old wives tale. Sometimes they appear to work (IT WORKED IT WORKED!) and sometimes they don't. The problem is picking a timeframe to trade them in. If everyone acted on them in the same timeframe, we'd see more predictiveness....... such ...
Bash that system!!!
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tdion replied Nov 25, 2007Hey FX-Autotrade, I looked at these backtests again, considering whether or not I think this is tradable long term.... Now you say that the graphs here: url do not include spreads..... So at 1,850 trades X 7 pips/trade you get @12,000 pips in ...
High & Low 8 Hours (GBP/JPY)
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tdion replied Nov 25, 2007Before anyone else decides to hype their own systems, I advise you to set up an account at Tradency or Collective2, so that your systems will speak for themselves.
Bash that system!!!
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tdion replied Nov 25, 2007Why are you asking me "Does my system have weakness?" when I all I can do is judge what you post? 22 year old fund manager, huh? Where is the website for the fund? I'd love to look at your company's website for ACTUAL returns.... not backtests. "I ...
Bash that system!!!
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tdion replied Nov 25, 2007Why are you posting crap like this? Do you think this is your own journal? Tell us about your losses then..... not just the one big winner. I get tired of the "so called" experts on this forum. There's only one rule to go by..... Jerry McGuire SHOW ...
Bash that system!!!
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tdion replied Nov 25, 2007Honestly? If you trade GBPJPY alone, the negative swap of your short positions could kill your profit in a downward market. Hey man, I'm not here to judge anyone's system.... and honestly, do you really expect me to be able to comment on your system ...
Bash that system!!!
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tdion replied Nov 25, 2007Care to enlighten us on what you mean by a binomial distribution? This brings up a good point. I trade on a H4 timeframe, while bank X trades on D1, and bank Y trades on H1. We are all out of sync with each other, so we trade against each other (IE ...
Bash that system!!!
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tdion replied Nov 25, 2007Maybe you can start your own thread for your system in the journal section? Pertaining to this thread, are you saying that naked trading is a good way to create a system?
Bash that system!!!
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tdion replied Nov 25, 2007I mean, for those of us that believe in trends, it is the noise in the chart. To me, it is a fundamental reason for a price movement. In fact, if I knew exactly when a bank ran a stop hunt, it'd be a damn good trading system based on a fundamental ...
Bash that system!!!
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tdion replied Nov 25, 2007Interesting..... so if the US wants to make the dollar weak, but Canada wants the dollar strong, then there is a tug of war..... Otherwise, a country could move the value to a desired level without any corrections..... a straight line from the ...
Bash that system!!!
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tdion replied Nov 25, 2007I might as well post this question here...... What is a pivot point? And I don't want to know how to calculate it.... I want to know, WHAT DOES IT TELL ME? Thx.
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tdion replied Nov 25, 2007Dude, if you are identifying long term trends and then scalping, I think that's great. I just try to analyze the risk of any method before I give it a vote of confidence. By no means am I an expert on everything out there. All I'm saying is, a trend ...
Bash that system!!!
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tdion replied Nov 25, 2007LOL now you are getting into a "chicken before the egg" problem.... What I mean is, I don't really believe in trends.... at least in realtime trading. Sure, we can see pennants, head and shoulders, channels, etc in HINDSIGHT..... but those could all ...
Bash that system!!!