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Blessings V3_7-6
in
Trading Systems
Sep 10, 2010 at 11:17
Remember, I do this a bit differently. You are using EP and I am not.My PC = 100%, my MAX DD = 100%:)It takes an account of at least 10K to do this on nano to be safe. For example, EURJPY went to 17% drawdown and 14 levels in the last year.That is 1700.00! That would wipe your account clean. :) If you don't have 10K, and money to back it up, then I would not use this strategy unless they create 1/10th of a nano! :)You may want to try the small baskets instead? If you want a safe pair that makes money, then try USDJPY and just bump your lots too...Gil
Geoff Simple GU
in
Trading Systems
Sep 10, 2010 at 10:45
I was doing it with Forex.com UK and I had way more losses than wins. :) Too risky for such a small return IMO.
primeval-ea-v22-atc-brokers
in
Trading Systems
Sep 10, 2010 at 04:22
Looking good!
Blessings V3_7-6
in
Trading Systems
Sep 09, 2010 at 21:57
5 on the scary pairs on BE!:)I backtested and found 5-6 good.....If I have two pairs say NZDJPY and NZDUSD (similar) doing about the same thing and I take profit on one manually, close out the other 'just in case'. I had two or so correlating pairs in the past cause me problems so....Those two specifically have been so close together...On the PM, I backtested using it and it really dropped the profit and barely improved the dd%... Maybe that was just me...?
Blessings V3_7-6
in
Trading Systems
Sep 09, 2010 at 21:29
MA Cross (default)And, no profit maximizer as it doesn't really work in 3.7On 3.8 I heard it was fixed??Gil
Blessings V3_7-6
in
Trading Systems
Sep 09, 2010 at 20:47
Aud I am using the same 25,50,100 // 50, 100, 200On GBPJPY, EURJPY, and others that move along (GBPCHF, etc..) then I use at least 35,70,140 // 70,140,280Make sense??Check out my baskets I am doing. Pretty neat stuff...
FX Edge - System 1
in
Trading Systems
Sep 09, 2010 at 18:44
Cool, thanks for sharing!
FXM Financial Group
in
Brokers
Sep 09, 2010 at 15:47
I tried opening an account with this firm. They just took my info and I never heard back. In addition, they seem to be linked to 'deltafins' and their addresses are all the same as well as someone pointed out on their thread. I believe they are out of Kazakhstan or something?They say London, they are not regulated I believe. Please use caution as I don't believe they are legit... =====================================================================================Новостная рассылкасайта FXMtrade.ruDear Ladies and Gentlemen,Unfortunately I have to start with bad news: 90% of tr...
why traders hide their records history?
in
General
Sep 09, 2010 at 15:33
Honestly, in my opinion the reason people hide it is for 4 reasons:A) They don't want their broker knowing who they are or causing problems with their technique as it requires good execution.B) They are not honest people and trying to get one over for you.C) They are honest, but they lack the courage to trade their own cash at a stage to make their own $$ for supporting themselves or are climbing their way back up after losing much....D) They don't care, don't want to share and would rather tell you to f-off then share anything to help you in any way... :) Not the helping or shar...
FX Edge - System 1
in
Trading Systems
Sep 09, 2010 at 11:43
Are these your own custom EA's/System?Drawdown seems high, unless that is your acceptable plan?Gil
GridsForPips - New
in
Trading Systems
Sep 09, 2010 at 10:56
JFOREX has a converter, but it never worked 100% with my Ea's when I tested it.There have only been a few times when the runs get really bad for multiple pairs. On one of my EA's, EURJPY never retraced enough until 2700 pips! That was by far the longest run.I believe that a good test is run from Nov 2009 through June 2010 and that is pretty good, but 07' and 08' had some nice runs as well on multiple pairs....Gil
Primeval Scalper
in
Trading Systems
Sep 09, 2010 at 10:51
Yah, I did that, and you are right. Plus, take out the news and bank holiday and you have a better return as well....
Camu Series & MegaBot
in
Trading Systems
Sep 09, 2010 at 10:49
Is this the same:www.forex-megabot.com??Doesn't seem like you are doing quite as well as the seller?Gil
GridsForPips - New
in
Trading Systems
Sep 09, 2010 at 03:54
6% is great. Unless your drawdowns dip to like 50% or more of your account. Like I said above, it seems too risky to me. And, if you ever plan on leveraging this with investors, I would never allow something that deep just to get 6%....To get 6%, DD acceptable would be 3 times that = 18% OR LESS consistently. The tough part is I believe you have to program your mind to get through the May 5th/6th's 2010 with a grid trader. Even though you will only lose such and such % on one currency, when they ALL trend very hard in the 'wrong' direction, you will be sucking wind, regardless...
GridsForPips - New
in
Trading Systems
Sep 09, 2010 at 03:50
As a swing trader, that makes sense to me.However, I would never go over 20% drawdown if I could avoid it and would focus on around 10% as my sweet spot. That is just me.Because, when the 'it' hits the fan, you are going to want that cushion right?Grid traders are fine, but I think it is like construction. First, get the bid, then double it, then double it again and that is what it will cost. haha... :)
Primeval Scalper
in
Trading Systems
Sep 09, 2010 at 02:20
Well, yes, the bank holidays just suck. haha... BORING.... I never really liked holidays! Maybe that is because I am German American or something... :)Glad to see 'another one bites the dust' didn't happen to you as well... Lots of emotions no doubt over you selling your EA... haha.. Gil
Primeval Scalper
in
Trading Systems
Sep 08, 2010 at 04:01
Yes, it seems Mr. Primeval is gone? I guess he didn't like the performance from the other day?It was looking good for a while... :)Gil
primeval-ea_v2.1-live-fxcbs
in
Trading Systems
Sep 04, 2010 at 20:54
Well, I don't need any more children! :) haha...
Blessings V3_7-6
in
Trading Systems
Sep 04, 2010 at 20:51
I don't know, I am no expert. I can't even get my backtesting working right now. See forex-tsd.comHonestly, if you do it the traditional way, you just have to make enough money to survive the EP's... It should be profitable as an EP shouldn't be that often. however, that is why I like more pairs than less pairs....Grid Traders are just plain dangerous and either a) you have a lot of backup money to fix it, which means you are making a much smaller return or b) you are lucky.In my opinion only one pair works on this thing flawlessly and that is USDJPY. However, your returns...
Blessings V3_7-6
in
Trading Systems
Sep 04, 2010 at 20:45
I have extended grid settings some. for example GBPJPY = 35,70,140 instead of 25,50,100GBPNZD = 50,100,200 etc...TP's are just double and I have BE = 5 on the pairs that tend to move more.Plus, I have them all digging into a pile of 10K together... And, I close out trades depending on pivots and how I feel... For example (probably not right), but it looks like AUDUSD was peaking and going to retrace. So.... I go through all AUD pairs and close them out if in profit. If they are higher level - pairs, then I leave it waiting for the retrace.You can usually kind of tell where it will re...
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