Michigander's Inlägg - sida 2

Profit Empire Robot på Trading System May 02, 2014 at 15:09

So much for the jobs report helping this dog of a trade. Maybe we should play "When's the trade gonna close" while we wait. Is August 5th taken?

Profit Empire Robot på Trading System May 01, 2014 at 01:07

Aplmustdie posted:For me, there have been no surprises. I'm not even concerned about leaving the take profit at 30%. What bothers me is the total disregard for the fundamentals (news). I believe a hedge should be placed when there are a large number of trades open during high impact news . . . especially the FOMC, but any high impact news also. Using technicals is all well and good, but news can greatly alter/reverse the trend and cannot be discounted. A well placed hedge would have allowed us to exit the trade with > 30%. To PER, I wouldn't change the system, but I wou...

Profit Empire Robot på Trading System Apr 29, 2014 at 16:42

Tell me what its like to be so blissfully ignorant of risk that you can actually say something like this. Just like the passengers of the South Korean ferry that drowned while dutifully waiting in their cabins as the captain instructed, your attitude will change after you've lost an account or two due to your misplaced trust. There is no trust in this game. The aisles are strewn with EA's that worked, then didn't. Look at sPhantom. Look at Forex Growth Bot. The higher they go the more trusting one becomes and the harder the fall.Questioning the logic for not taking a 10% profit aft...

Profit Empire Robot på Trading System Apr 25, 2014 at 14:30

This is definitely a trade we are all going to learn from. In a way, I almost hope it goes to the 50% stop because it will bring a little humility back to their process. They are just too cock-sure for my comfort. Maybe the worry privately and put on a stoic front publicly. While you never know implicitly where the trade will end until it ends, there are definitely TA points that do concern me.We have now banged the 50% retracement of the up move 7 times in the past two weeks and have not gotten through. Each time it provides support makes that support level that much more stronger.Every osc...

Profit Empire Robot på Trading System Apr 24, 2014 at 13:38

You can always open another position mid grid when your "absolutely positively sure" that the trade is going to go in your favor.Its simply more profit. What could possibly go wrong?

Profit Empire Robot på Trading System Apr 22, 2014 at 11:27

Notice the subtle change? We've gone from "we will" to "lets hope". There is little room for hope in this game. We have bounced for a second time at the 50% retracement of the original move up. If/when price takes out the prior swing high of 1.38137 on 4/15, the correction will be over.I agree that PR has done a stellar job but it does disturb me that they can never allow themselves to be wrong until the markets force them to be wrong at the 50% level. You could've gotten out with a reasonable trading loss and had enough other opportunities to make it back already. ...

1.1 Forex Envy Power Long 1 Staggered (Real) på Trading System Apr 18, 2014 at 13:01

Michigander, are you the developer of Forex Earth or you are another loser like me to this EA?No, Im not the developer. A friend in the Netherlands has been using it for some time and swears by it. Im just throwing a little money at it to see if anything happens. Whats your experience been?

Profit Empire Robot på Trading System Apr 17, 2014 at 18:06

I know the chart is busy, but don’t let your eyes glaze over. This is really just an overlay of all the Fibonacci retracements and extensions from the last up move and the correction that is working. We have a primary cluster at the 1.3790 level that may be difficult to get through. Price touching the lower of those 3 lines will bring price lower than what we had at 5A and that would be a valid completion of the A-B-C corrective wave. What normally(?) or should(?) happen though is this last C wave should be impulsive putting in a 1-2-3-4-5 down to C at 1.3750.Personally, I think PER is ...