Why would you label this system as Holy Grail anyway? I've mentioned that this system is an almost 100%. I could be using this with real money, made $50 before blowing my account, repeatedly. It might just stop working tomorrow. Mind you, my SL ...

Could this be an easy way to win in forex?

Nuh, I know exactly how the system works. I don't have the mq4, I don't know how they process it, but I can easily hire a programmer, point a few things at the chart, and to make me a new mq4 and set it with my custom MM setting. I just don't feel a ...

Could this be an easy way to win in forex?

SURPRISE! Even before starting this thread I already knew the ANSWER + EVIDENCE for the answer. I was merely experimenting with people's responses with this idea. As expected, majority of you use expertise, experience, logic and mathematics to prove ...

Could this be an easy way to win in forex?

Nuh mate, the Aussie way is more like Tall Poppy Syndrome. People would diss you if you're trying to be ahead of them. They will remind you of your past failures and mistakes. Well unless you bring along the whole mob with you.

Could this be an easy way to win in forex?

Guys, I really appreciate all of your responses. They all make perfect sense. I never claimed originality of this idea, I just found a new angle on an old idea. In everything in my life, I just don't want to give up until I know something is no ...

Could this be an easy way to win in forex?

For example, EU is on 1.3002/1.3000 Original system long: filled at 1.3002/1.3000, TP is at +20 = 1.3022/1.3020, SL is at -10 = 1.2992/1.2990 Reverse system short: filled at 1.3002/1.3000, SL is at -22 = 1.3022/1.3020, TP is at +8 = 1.2992/1.2990 ...

Could this be an easy way to win in forex?

Didn't you say you to assume 2 pips spread? 10 TP - 2 spread = 8 pips profit 20 SL + 2 spread = 22 pips loss 80% system with this MM setting = out of 10 trades, 8 of them is expected to win 8 pips profit, and 2 of them is expected to lose 22 pips. 8 ...

Could this be an easy way to win in forex?

I would take that if the system produces 80% winning rate any day. I bet anyone would. I don't understand how you can put the word consistent and random in one sentence and say they mean the same to you. Maybe I just don't know your definition of ...

Could this be an easy way to win in forex?

Simple fix, TP-spread. You'll get less TP, but exactly the same performance.

Could this be an easy way to win in forex?

That's a good start, just like my experiment with semafor indicator. But backtesting is an ABSOLUTE must. This is one of the main backbone of this idea, the other being the MM setting.

Could this be an easy way to win in forex?

True Cindy, but for an indicator to produce 80% of wrong trades over a year, the indi must consciously or unconsciously respond to the market efficiency that you mentioned. Again, this is not the same as flipping coin. This indi would purely and ...

Could this be an easy way to win in forex?

Again, it's not at all about random signal like you said. There is nothing random about this idea. I've capitalized the word CONSISTENT enough time to highlight the importance of having a consistently crappy indicator for this idea to work. Ok, ...

Could this be an easy way to win in forex?

Guys, guys, you over complicate things. You have given intelligent responses, but don't let your expertise and experience close your mind. It's like a medical specialist who refuses to acknowledge a simple cooking ingredient like garlic to contain ...

Could this be an easy way to win in forex?

Great idea, but every participant needs to show commitment. And each must be given incentive to stay on the group and contribute. I've been longing for this kind of group for a while. I'm on a skype room filled with traders, but it's hard to connect ...

Forming a Private think tank

Posted by anyone url ---Quote (Originally by Ishtana)--- No, what I meant is this. Say the MMs are stop hunting low rise and they suddenly notice that by doing so, a whole lot more people are making money by putting the right order at the right ...

M&W-Trading

Why are you keep deleting you posts "anyone"? It feels like I'm talking to myself. Why are you afraid of showing people what you said to me?

M&W-Trading

I've told everyone several times now, I don't need anyone's validation of my understanding of the market. What anyone says is irrelevant to my bottom line. We are all just faceless usernames interacting in a forum. So I may not fully understand SM ...

M&W-Trading

No, what I meant is this. Say the MMs are stop hunting low rise and they suddenly notice that by doing so, a whole lot more people are making money by putting the right order at the right level at the right time. I'm taking a wild guess they ...

M&W-Trading

How likely is this scenario? SM boasts having hedge funds and institutional traders as his students. And this is apparent by the fact that his students themselves begin to re-teach his method. PLUS, his material is all over the place. Anyone can ...

M&W-Trading