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phreddy
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Everything posted by phreddy
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You think that Bois is not a real trader? How about Kathy Lien?
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Boris Schlossburge has a load of videos on this. YouTube.
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Don't know why he gets such a bad press but then perhaps it is human nature to want to destroy? Who knows? I don't care!! TRO has supplied me (no, I just helped myself) with a couple of his indicators and I have just tried one. It said Buy, I bought, it went to 28 pips, came back to 3 then went on to 30 odd. I was just watching it, not trading it for real. It is part of my proposed strategy. Not exactly as he says that it should be done but that is my choice. So, many thanks TRO, invade where you will, you are a force for good! A curse on your detractors!! - can I say that here?
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Doesn't come up with anything useful for the first few pages. TRO Dragon tunnel indicator has better results but nowhere seems to have a 'how it works'
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Thanks again, it is like a new language!
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Thanks Atto, I was quite happy about the 2 decimal price, when I hit the 'pip measurer' on the chart it gave me a sensible reading. For the 5 decimal places I had a big number. That is what caused me to write. I don't understand the 'spam' allusion! I thought that 'spam' came to e-mails. What does it mean on fora? Would it be the same as 'trolling'.
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Yes, Karkty, that's what I said "I understood that it was the fourth decimal place for £/$ and Euro/$, that the price was expressed as say 1.5435 and if it went to 1.5436 then the price went up one pip." It was the fifth decimal place (0.00001) that my broker uses, that threw me. Joy99 and Hlm sorted that out for me but thanks for your interest.
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Similar to later posts on this threads, there are a couple of threads on the T2W (Trade to Win) forum concerned with the results of the NLA strategy. One thread, like this one contends that although it shows a success ratio in excess of the lose side, it is a win small but lose large situation. The second thread is much more interesting in that it's intention is to make the strategy pay better. Thought that some people here would like to know.
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I have had this 'bump' thing also. Don't know what it is. In my case it repeated what I had just posted. When I tried to edit I couldn't get into the post. When I apologised in a second post it placed the second post with the first and repeated the second post. Strange
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A bit harsh OAC, I hadn't seen how old this thread was until I decided to answer you. Glad you didn't close it. The 95% argument is specious and best ignored: nobody has the data so nobody has the answers. Pareto may well be the answer. IMHO All these trading fora encourage the hunt for the 'Holy Grail' simply by being here. Hell, I'm looking for it too like a little Sir Galahad. This thread has served its purpose in that it has pulled some useful references for us.
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Interesting figures Atto. I suspect that there are some additional rules that we have not been able to detect. Suspect that TRO would not publish something that loses as often as you show. It seems strange to me that the people who say that they use the system have not come forward to demonstrate their knowledge. Mary Pippings wrote a supporting post. I have sent her a PM asking for her to explain the system to me but no reply as yet. I am thinking of starting a thread asking people to explain TRO's system. Don't want to upset him but...
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I must admit to not being able to understand the thrust of this thread for a long time. Now, I think that I have solved the riddle of ‘ IF IT IS GREEN GO LONG, IF RED, GO SHORT’ At the risk of being entirely wrong I believe that the major part of this thread is concerned with the premise that PRICE is attracted to the PSYCHOLOGICAL numbers 00, 25, 50, 75 and the next 00 etc. There are a couple of You-tubes detailing a 00, 50 version. The premise is that if the price is rising through one of these levels then it will probably reach the next, if falling, it will probably fall to the next. Having said that, I have no idea which of the many EAs TRO gives us in his NLA.zip package would show the required screen. I believe that there are some hints in some of the later posts. Sweetspots gold gives the horizontal lines at 00, 25, 50 & 75 I believe, although someone said that it produced lines at every 3 pips for them (unless I read it wrong) Anyway thanks TRO for your work., if I can load the EAs into my account I will give it a try and, of course, never lose (much) again!! Bump: I must admit to not being able to understand the thrust of this thread for a long time. Now, I think that I have solved the riddle of ‘ IF IT IS GREEN GO LONG, IF RED, GO SHORT’ At the risk of being entirely wrong I believe that the major part of this thread is concerned with the premise that PRICE is attracted to the PSYCHOLOGICAL numbers 00, 25, 50, 75 and the next 00 etc. There are a couple of You-tubes detailing a 00, 50 version. The premise is that if the price is rising through one of these levels then it will probably reach the next, if falling, it will probably fall to the next. Having said that, I have no idea which of the many EAs TRO gives us in his NLA.zip package would show the required screen. I believe that there are some hints in some of the later posts. Sweetspots gold gives the horizontal lines at 00, 25, 50 & 75 I believe, although someone said that it produced lines at every 3 pips for them (unless I read it wrong) Anyway thanks TRO for your work., if I can load the EAs into my account I will give it a try and, of course, never lose (much) again!!
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True, my error. I was just trying to say that if I had such a scheme I would use it for home runs, lots of greed! BTW I don't know what 'discretionary' means in this context. I also didn't intend the 'selling' bit to apply to Zoso, I quite understand what he is saying and what he intends, or rather what he is contemplating. If I were one of his intended 'students' I would be willing to pay an amount of my returns provided it was not extortionate. My problem, as the 'potential student' IN THIS SCENARIO, would be about how much of my money I have to put at risk for how much reward. "The labourer is wothy of his hire" I believe is the quote.
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Hi Zoso, thanks for the reply and for not taking offense, I do tend to be rather direct. Perhaps I am being naiaive(sp) but I do believe that if I had "a trading method that is ... highly successful" I would make a fortune. We are taught that just making 10 pips a time is the gateway to sucess and wealth. Instead of making a 10c trade and making a dollar, we make a $1000 trade and make $10,000. It is the question that is or should be asked of all the 'My secret course on $97' sellers. If it is this good why sell it? Again, no offense intended but you are someone of whom I can ask these questions Bump: Hi Zoso, thanks for the reply and for not taking offense, I do tend to be rather direct. Perhaps I am being naiaive(sp) but I do believe that if I had "a trading method that is ... highly successful" I would make a fortune. We are taught that just making 10 pips a time is the gateway to sucess and wealth. Instead of making a 10c trade and making a dollar, we make a $1000 trade and make $10,000. It is the question that is or should be asked of all the 'My secret course on $97' sellers. If it is this good why sell it? Again, no offense intended but you are someone of whom I can ask these questions
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What you and others, more qualified, say is quite right but many of us need to practice the basics. The real basics: fill in the 'new order' sheet quickly and accuratly. 'Babypips' advises one to use a demo for at least 6 months before going live. Glad to hear that it is working well for you though.
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The 'help page' was the usual 'F1' on the Alpari platform. All about operating the platform but not the basics that I should have paid more attention to much earlier. Thank you for your help. I have looked at 'babypips' again and now understand. Most obliged to you HLM, thanks for taking the trouble.
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I thought that I knew but... I understood that it was the fourth decimal place for £/$ and Euro/$, that the price was expressed as say 1.5435 and if it went to 1.5436 then the price went up one pip. My account with Alpari quotes 1.54352, 5 points after the decimal. Today I bought £/$ at 1.53480 with a TP of 1.53689 where I was stopped out. I made $135.99. I make the difference 209. My trading size is 1.00. The help page offers no explanation, can somebody please explain? 0
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Hi Zoso, This will sound rude but no offense is intended: Are you that good at trading that you will be able to teach these people how to make a small fortune? If you are, why don't you make yourself a pile of money and give the mentoring 'pro bono'? Bump: Hi Zoso, This will sound rude but no offense is intended: Are you that good at trading that you will be able to teach these people how to make a small fortune? If you are, why don't you make yourself a pile of money and give the mentoring 'pro bono'?
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Jump Start is a freebie to get you to buy another strategy. It works on 3EMA and 5EMA with MACD to confirm. Easy to apply on Metatrader 4. I just made $135.99 on £/$ 5min chart!! Brings my loss down to only £200+ Good job it is only play money. When I get the hang of the trading 'paperwork' I will go live. At the moment I am too slow. I wanted to up my 'take profit' but the trade stopped me out before I could do that. Must keep practicing. PM me your e-mail and I will send you the JS stuff.
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Hi Heli. How did you get your three before even introducing yourself? I am Phreddy also from UK but on holiday inMalaysia for the next 4 months. I am using Jump Start on a demo which is not doing very well. Still it is not real money so no problem except that it is not teaching me much