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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 30, 2011 11:24
the bot trades only actual strength differences it places an order when it detects a trend a divergence of any two strengths and closes when the divergence becomes smaller.
This is the basic idea but of course its far more complicated. Anyway there are no expections.
When I expect something i have to bypass the bot and place entry sl and tp. Or I buy simple options.
subway90
Posted Anonymously
13 years ago
Jun 30, 2011 11:10
CAT...

when market moves opposite to your expectations.... you would still say you are right and market got it wrong.... coz you were never wrong and will never be wrong... it was always the market that was wrong... and i was wrong in line with the market....
just can't understand what feeds your ego to be that confident when you got it so f*ck*d up with your calls and even have balls to say the market got it wrong... see my point CAT... you're a joke!

I'm done with you... nothing left to prove that you're nothing but all BS!

good luck with your BOT...
subway90
Posts: 1078
13 years ago
Jun 30, 2011 10:59
you are not listening CAT.... thanks for your concern but i've been consistently increasing my capital...
call it what you want... it works for me and probably few good traders.... you just don't know what you're missing and it's a shame.... just listen to your BOT and probably you can avoid further loss.. :)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 30, 2011 10:48
hum subz...no need to explain. With high enough statistical significance you cannot make any money this way, and not lose, either. So why do you trade at all?
subway90
Posts: 1078
13 years ago
Jun 30, 2011 10:17
CAT.... i don't need to explain to you coz you would never understand....but like i said... assuming that i can average as good as coin flipping... still far much better than calls... and that's what it matters just between you and me... :)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 10:16
but seriously Cat.. could you please give some more background info with your bots calls.. like whats looking relatively strong and why?.. get the feeling some calls are excellent but not sure why.. maybe you don't know why either:-)
subway90
Posts: 1078
13 years ago
Jun 30, 2011 10:14
jacek

stops has to be in line with your entry also...

that's why entry would be really important... a lot of times your entry is based on assumptions and your s/l's purely based on that entry... that's why your 30~40 pip stops get hit a lot... if entry was made with confirmation... or at least short term reversal... then your stops would be clearly defined... but your entry a lot of times is in the middle of nowhere and stops are purely based on your entry... in this case.. your stops will be hit most of the time....
money management is important.. but i think you should spend more time in identifying support/resistance levels.... gl/gt
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 30, 2011 10:09
That's interesting....if you put stops at "major turning points" ( apparently a term taken from
astrology) statistically you will in the average lose as much as you win...
subway90
Posts: 1078
13 years ago
Jun 30, 2011 9:55
i usually don't put stops.... unless at a major point where there is a breakout possibility...

you put your stops to tight... that's why your stops usually gets hit jacek...

stops usually placed only at major turning points... not the minor ones... but of course.. you should determine which are the real support/resistances... which CAT has no idea... and you a lot of times unsure...
for example... if i will be taking a long posi if Euro drops to 4380/4400 level... i will put stops below 4327...
since CAT don't need and use any chart... he has no idea of the correct entry and s/l's... that's my observation... :)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 30, 2011 9:52
despite of rumors by well known USD bears China buys EUR .... or just because ... the EUR direction is DOWN
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