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- capm replied May 21, 2021
WOW, Ex, lot of work for me to go through! And since nobody pays me to do it, I won’t!
Perhaps, if there is enough substance, I may open a chat channel where I can comment on things like these. I make no promises ...The "You can't be serious" system
- capm replied May 20, 2021
Ah, ok, sorry. In this case you have to ask him directly. I have no idea what that indicator is about. Not saying it is not good. I just do not know. On this note, though, may I ask you on what basis you said it "works fantastically"? You can't have ...
The "You can't be serious" system
- capm replied May 20, 2021
But I am not here to sell the strategy for gazillions of Dollars, unfortunately.
This however gives me the freedom to use other examples where there are losses or things go a bit bananas. Easy to find them: look for choppy charts. ...The "You can't be serious" system
- capm replied May 20, 2021
Ah, I can't resist! Another money shot for when I will decide to sell this strategy for a gazillion Dollars. Frankly, throw in one or two MAs in any sauce you like and even my goldfish could have made make money today!
...The "You can't be serious" system
- capm replied May 20, 2021
I am sorry, are you sure you are in the right thread?
The "You can't be serious" system
- capm replied May 20, 2021
Thank you for your comments Ex3m6 (You really must explain to me the genesis of your nickname!
) . I am glad you find this interesting and I like your approach to educating yourself. Asking questions is a good way to learn.The "You can't be serious" system
- capm replied May 20, 2021
Thank you again, jmaster. I have the feeling I should consider hiring you!
I totally agree with you: hard work, test it yourself and, if I may add, know what kind of trader you are. I think we share the same approach. I can’t help adding my ...The "You can't be serious" system
- capm replied May 19, 2021
Hi Ex3m6, thanks for posting. Let’s see. First of all we have the usual bloody Forex issue that your broker starts counting the 4 hour from a different place than the one I use for these examples, so our charts are a bit different. Still, let’s see: ...
The "You can't be serious" system
- capm replied May 19, 2021
Good stuff, YCBS. I am sorry, I do not have the time to check all your trades there, and some appear a bit confusing to me.
Some observations, anyway. I am glad someone started showing his/her adaptation to the rules. Remember, by ...The "You can't be serious" system
- capm replied May 19, 2021
Hi Peter2 and thanks for your question. Well done spotting it. As I said, the rule is that we place the (in this case) short entry “x” points below the low of the bar that generated the signal. “x” depends on a number of factors (volatility of the ...
The "You can't be serious" system
- capm replied May 19, 2021
Pki87 I do not understand your longs and shorts there. They do not look at all like following this strategy. Perhaps you can explain? This is what I would have done. I suppose it’s a 15m chart UC image
The "You can't be serious" system
- capm replied May 18, 2021
Sometimes, however, even if there is no discernible trend, if the swings are wide enough, there are good results. Let’s then look at oil. 2 charts: a 1H and a 15 min chart. Simple mechanical strategy, 1H: image ..and with a bit of PA analysis. No ...
The "You can't be serious" system
- capm replied May 18, 2021
OK, some balance now. Nobody took upon him/herself the task to show terrible examples of the simple mechanical strategy, so I will do it myself. Yeup! No holy grail, here! This is 5 min Gold today. Painful and pathetic. As we expect: no trend, dead ...
The "You can't be serious" system
- capm replied May 18, 2021
HA! Ycbs, imitation is the sincerest form of flattery!
And I am flattered indeed!
Mind you, you may have to change your name when this thread will be trashed and crushed.
Thanks jmaster for stepping in.The "You can't be serious" system
- capm replied May 17, 2021
I agree: everyone is invited! As long as they speak English.
I also agree that many want to have undisputable rules. My experience is that most of the time almost all end up changing the undisputable rules because ....ahem ...they become ...The "You can't be serious" system
- capm replied May 17, 2021
Ah, another dissatisfied customer. First of all, thank you for refraining from using yet another language, BTW. My German is worse than my French.
I am sorry for the disappointment. I have to say that it is a bit unfounded though. If you ...The "You can't be serious" system
- capm replied May 17, 2021
End of thread porn. So, we may have got a 56 points profit overall. Nothing to write home about, but certainly good from a chart where we have 2 moves and a lot of sideway action and certainly better than the -137 points loss of the simple stage 1 ...
The "You can't be serious" system
- capm replied May 17, 2021
Let's move on. image Next, we have trade originally nr. 8, a short signal. Again, it makes sense, Risk-reward is not fantastic, but there is a good chance that it could re-test 1.3800. It did not. Choppy markets=no trend=trend following strategies ...
The "You can't be serious" system
- capm replied May 17, 2021
image Trade nr. 6. Is it a higher probability trade? Let see: entry would be at about 1.3960. We know there was a strong resistance at 1.4000. That should be our first reference point. We also know that there is support at 1.3860. This would ...
The "You can't be serious" system
- capm replied May 17, 2021
Are we geniuses? Winning all the time? Of course not. There is little even I (
) could have done on trade 3. Entry short was OK. Sellers even broke the previous support and there seem to be good chances that they will ...The "You can't be serious" system