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What are the minimum requirements for a Holy Grail?

  • #101
  • Jan 11, 2018 10:44am Jan 11, 2018 10:44am
More london session equilibrium Win on EurAud. Hit the london consolidation from the previous london session:


Attached Image (click to enlarge)
Click to Enlarge Name: counter20p.PNG Size: 123 KB


I spilt the order. Closed 90% of it and let the 10% run.


#holygrail
  • #102
  • Jan 13, 2018 10:54pm Jan 13, 2018 10:54pm
  •  Leebos
  • | Joined Aug 2012 | Status: I do not believe in a fate that fal | 75 Posts
Quoting hanover
From a futile discussion on semantics to the inevitable flame war. Another typical FF thread that's fast heading to hell (and possibly the recycle bin) in a handbasket.

Hi Dave.

Thought I'd pop my head in after 2 years of abstinence....nothing much has changed....ahahaha

Holy grails and Mingarys.... entertaining if it weren't so futile.

Wish you well.

Ciao
  • #103
  • Jan 14, 2018 3:40am Jan 14, 2018 3:40am
Quoting Leebos
Thought I'd pop my head in after 2 years of abstinence....nothing much has changed....ahahaha Holy grails and Mingarys.... entertaining if it weren't so futile.
Happy New Year to you Lee! Hope all's going well for you over in the sunny Bay. I have a cousin over at the Mount whom I visit occasionally.

Indeed, nothing much has changed around here. Everything from folk claiming astronomical gains at one end, to those who say that any kind of systematic profit is impossible, and the retail forex "scam" should be banned, at the other. As if their opinions have any bearing on how the market operates.

All the best for 2018 -- see you back in another 2 years, maybe?

David
  • #104
  • Jan 14, 2018 3:42pm Jan 14, 2018 3:42pm
Quoting hanover
{quote} Happy New Year to you Lee! Hope all's going well for you over in the sunny Bay. I have a cousin over at the Mount whom I visit occasionally. Indeed, nothing much has changed around here. Everything from folk claiming astronomical gains at one end, to those who say that any kind of systematic profit is impossible, and the retail forex "scam" should be banned, at the other. As if their opinions have any bearing on how the market operates. All the best for 2018 -- see you back in another 2 years, maybe? David
"As if their opinions have any bearing on how the market operates"

True, no bearing whatsoever, of course not. But certainly we can talk about how the market operates.

==> the market operates on the basis that traders MUST LOSE in order for the market to exist.
It simply cannot function and would cease to exist if it were not so.. (;
  • #105
  • Jan 14, 2018 6:40pm Jan 14, 2018 6:40pm
  •  Leebos
  • | Joined Aug 2012 | Status: I do not believe in a fate that fal | 75 Posts
Quoting Mingary
{quote} "As if their opinions have any bearing on how the market operates" True, no bearing whatsoever, of course not. But certainly we can talk about how the market operates. ==> the market operates on the basis that traders MUST LOSE in order for the market to exist. It simply cannot function and would cease to exist if it were not so.. (;
Hi Mingary.

"the market operates on the basis that traders MUST LOSE in order for the market to exist. It simply cannot function and would cease to exist if it were not so.. (;[/quote]"

Of course this is true, and equally so must there also be winners for the market to exist. That is the whole basis of market dynamics.
To which side of that fence one falls is dependant upon one's knowledge, self-discipline and a good slice of good fortune. The perception of a "Holy Grail" could be the attainment of these attributes.

Anyway, before I depart this forum......may I ask if you genuinely live on the island of Tuvalu?

I would love to call in on my travels and share a beer
  • #106
  • Sep 1, 2018 10:25am Sep 1, 2018 10:25am
For me, the minimum requirements for a Holy Grail is:
- to understand the indicators/formulas you use
- to use the most efficient indicators/formulas together
- to be able to be patient while monitoring markets
Maybe my trading system is what you are looking for: https://www.forexfactory.com/showthr...8#post11398818
Good luck
MT4, QChartist, Stooq, Alpha Vantage, TC 2000, TradingView, Yahoo Finance
  • #107
  • Aug 10, 2019 10:58am Aug 10, 2019 10:58am
Quoting JulienM2
For me, the minimum requirements for a Holy Grail is: - to understand the indicators/formulas you use - to use the most efficient indicators/formulas together - to be able to be patient while monitoring markets Maybe my trading system is what you are looking for: https://www.forexfactory.com/showthr...8#post11398818 Good luck

Only 16 indicators and 6 separate templates for a single system? How can you possibly make up your mind with such abundant simplicity?
  • #108
  • Aug 10, 2019 11:58am Aug 10, 2019 11:58am
I don't believe in the Holy Grail, there is no such thing in forex for me, only hard work.
  • #109
  • Dec 11, 2019 7:26pm Dec 11, 2019 7:26pm
[...] Therefore the grail likely does exist, or at the very least, the most performant system that can reasonably be devised by man has been created and is being used to trade. This is the system against which any future grail contenders must be compared. What does it look like?[/quote]

ideally it would look like the market look, if that is comprehensibly formulated. Work with what the market works, the open, the close, the pivots. which of them? All. Over all time-frames. Supported by your calendar, your clock, a countdown, a metronome. Because market is evidently, and - when you look close, more than that : blatantly - clocked | timed. The way blatantly that it laughs because no one sees what it does although it's more than obvious when you have correctly calibrated glasses.

Well not no one. The ones who have it have the view of synchronization. Once you see through the so called "noise" you see the everlasting heartbeat, that ever periodic and repetitive waves, which in reality have just one rule they follow...

The "Holy Grail" is nothing to search in the extern. It is the same as the Oracle of Delphi. One has to find it in himself. That is where the only-market-rule is hidden. And where one will find it. If he is eager enough to do so. The way leads through your personal hell. So you really have to be eager to get it...

just my 6 cent...
  • #110
  • Dec 12, 2019 6:31am Dec 12, 2019 6:31am
What is an extern?
  • #111
  • Dec 13, 2019 8:34pm Dec 13, 2019 8:34pm
For Holy Grail system, you need a miracle or a special mind which can think beyond every trader and even market to be profitable at every trade of the market.
  • #112
  • Dec 27, 2019 7:31am Dec 27, 2019 7:31am
I don't think one should rely on miracles when it comes to trading.
  • #113
  • Jan 1, 2020 9:18am Jan 1, 2020 9:18am
Quoting mlawson71
I don't think one should rely on miracles when it comes to trading.
Super like & that’s the reality. We can’t rely on only technical tools. This is why believe in manual trading!
  • #114
  • Jan 29, 2020 11:54am Jan 29, 2020 11:54am
By technical tools do you mean Expert Advisors?
  • #115
  • Jan 31, 2020 7:18am Jan 31, 2020 7:18am
Quoting mlawson71
I don't think one should rely on miracles when it comes to trading.
I agree, miracle may happen once or twice but not everytime
  • #116
  • Feb 2, 2020 8:45am Feb 2, 2020 8:45am
Quoting Alvinjack
{quote} I agree, miracle may happen once or twice but not everytime
True. A disaster is far more likely to happen than a miracle.
  • #117
  • Feb 4, 2020 12:16pm Feb 4, 2020 12:16pm
Answer to question of the thread... Minimal requirement for HOLY grail is be able to DOUBLE the money every month Which would mean that you could live from relatively small deposit or initial_loan forever Anything less is not HOLY grail at all... In fact, HOLY grail is just one, meaning making 1mio easily, out of nothing, right And if that is possible anywhere, it is in the markets.. since if anyone would have the right INFO... wouldn't even need MONEY since some brokers give ENTRY money for free... and with right info, one would be able to TUNE the leverage to max.. making 1mio out of nothing in a week... That would quality for HOLY grail to me...
Also there might/must be LOWER levels of GRAILS, just not the HOLY ones
Can you afford to take that chance?
  • #118
  • Feb 23, 2020 1:54pm Feb 23, 2020 1:54pm
Quoting auricforecas
Answer to question of the thread... Minimal requirement for HOLY grail is be able to DOUBLE the money every month Which would mean that you could live from relatively small deposit or initial_loan forever Anything less is not HOLY grail at all... In fact, HOLY grail is just one, meaning making 1mio easily, out of nothing, right And if that is possible anywhere, it is in the markets.. since if anyone would have the right INFO... wouldn't even need MONEY since some brokers give ENTRY money for free... and with right info, one...
Yes, holy grail is not an abstract or just definition but achievable in real life.
If there anyone here make money with 1 position 0.01 lot and make 1.000$ a month is holy grail, if someone can do this then he can do 100.000$ a month with just 1 lot. He is a holygrail. Impossible that a real holy grail to be in existence with manual or conventional way.

In fact people make 1.000$ with 1 lot per position. Then with this kind of money management, 1 big drawdown destroy whole things. This is typical of retail traders 90% losing money.

YES. I remember that holy grail is exist in forex!
If anyone here ever know about HFT technology instituion grade, you what I mean.
They make money in less than 5 second, or even goldman sach try build a HFT that open and close within milisecond.
It's not 100% winning rate. Win or loss is less than 3 pips, with 95% winning rate. They make money much more than any professional ever made with just a few pips profit each trade.

I have seen this kind of technology in my own eyes. It's REAL.

If you see a big wick in forex market, it is from institution HFT. They are who should be the ones that responsible for swiss franc market crash, poundsterling market crash.

Yes retail traders are their fuel to make money. If no supply no demand, but big money always win over penies. That's why most retail with no clue how market behave will fail all the time.
I do not recommend anything, please blame me not. Thanks
  • #119
  • May 15, 2020 2:19am May 15, 2020 2:19am
The Holy Grail, which I need for low profits, is 2-3% higher than bank interest rates and has to be stable for a long time.
  • #120
  • Jul 25, 2020 3:53pm Jul 25, 2020 3:53pm
Quoting mlawson71
What is an extern?
yeah - sorry - two times: one for misspelling „external“ and my 30year-old untrained english, and second for being absent.. I was there where I meant, where HG is to find, not in the „external“ but in the „internal“.

The story of the Holy Grail is a myth, and its translation is:
everyone has his personal sword given with by birth, but it is stuck in your heart, as long this is a stone. To release the sword, you must open your heart. Then you have your personal weapon. But opening your heart is the price you have to pay. You have to pay this price to stay responsible with this sword. Because once you have opened your heart it cannot be closed again.

Thus this thing Holy Grail is to find in your internal, and not in your external by having a look with your eyes in your surrounding world.

That was what I meant and nothing miracle.

And here on FF is something similar to the HG to find.
But to release it, one possibly also have to open his heart.
But I don’t advertise... so bye
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