EURUSD Cultural Center

Discussion in 'Forex' started by Instant Karma, Oct 15, 2012.

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  1. 2 things:

    1 - this is a 100% mechanical strategy

    2 - i make no claim that this strategy is profitable in the long run...
    time will tell.
     
    #21     Oct 25, 2012
  2. bot 1.2917

    stop 100 pips
    target 25 pips
     
    #22     Oct 26, 2012
  3. stop 100 pips?

    if anything, that's just a routine point to buy some more

    If I like it here, I like it even more the lower it goes

    I'm a buyer

    once it starts going up I will be a seller

    are you just going to dabble?

    or are you actually going to get in the businesss?

    nothing worse than increased demand, and no inventory left to sell
     
    #23     Oct 26, 2012
  4. contra

    contra

    when it goes up you buy, and when it goes down you sell... with clear risk defined.

    A few of these trades I liked, and i don't use tight stops in the FX market but... 100 pip stop seems a bit much without any intelligent intervention when things are going wrong, but being it's a mechanical system, lets see how it plays out.

    should probably get the 25 here.

    I think I see what you're doing though Instant Karma.
     
    #24     Oct 26, 2012

  5. out 1.2942 +25
     
    #25     Oct 26, 2012


  6. everybody seems a bit perplexed re: the 100pip stop...
    i'm agnostic, if backtest says ok then i'm ok...i don't care if it looks wrong..
     
    #26     Oct 26, 2012
  7. yeah..yeah..i know..:D
     
    #27     Oct 26, 2012
  8. nah, it's just that 25 pips target is a rough way to go. Good for you young kids, but it gets old. Hard way to make a living over time. One or two pips is good, 100 or 200 pips is also a way, but that in between stuff is completely reliant on your energy and youth.
     
    #28     Oct 26, 2012
  9. contra

    contra

    It's not the 100 pip stop, that's fine... it's the risk:reward i think that has people perplexed. Something different for sure but I can't fly with completely mechanical systems, as eventually they tend to end bad. but interested to see how it works out.
     
    #29     Oct 26, 2012
  10. maxpi

    maxpi

    #30     Oct 27, 2012
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