100% Price prediction Journal -
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thread: 100% Price prediction Journal

  1. #21
    I will make yet another attempt then I shall allow the noobs be. In professional trading you never add to a losing position, you do not nurse one, you close it and get over it. Holding and scaling into slimming postions will kill the best eventually guaranteed.

    Three examples for you to study and research if you don't need to take it out of me are LTCM, Barings Brothers and Sumitomo Copper they made one basic error, they added to a loser hoping to hell and higher water they would finally be proven right and they never did.

    Any trader on any floor anywhere that scales in a loser won't just drop money he will lose his job as soon as he is found out. Period.

    You noobs can get on with your silly experiment and I shall go back to the more serious side of trading; profit.

  2. #22
    Junior Member zuluagajulio's Avatar
    26
    PIP enthusiast, I too experience larger drawdowns as well with my long-term trading, but I also use a progressively growing lot egy to the initial trade which covers any losses when price doesn't retrace back to my original commerce when my egy says to exit. I also only take trades that incur positive swap daily to help lighten those losses on trades that can take a few months or longer to close. So please do not let one person get under your skin and keep to trade the way you always have. Everyone has their own view and there is nothing you can do to change their thoughts.

  3. #23
    Member DPert's Avatar
    53
    My thread used to be from the trading journals section...
    And now all of a sudden it's transferred to rookie discussion section...
    Does anybody now what might have caused this and how I could move it back into the trading journals section?
    Help is appreciated.
    Thanks

  4. #24
    Member DPert's Avatar
    53
    This pair is really a crazy mover... Gone in short at 1.7150.
    TP at 1.68 for 350 pips. Should take. No SL as normal.
    Good luck to me.
    Closing here at 1.6844 306 pips ...
    Happened much faster than anticipated but I am not complaining
    Closed from the interbank trade before the market even opened. I dont care whether it goes down 50 pips more... I want my money as I am in big drawdown in my eur/usd trade .

  5. #25
    Member Snore's Avatar
    53
    Have you ever looked in larger time frames? It seems to me as if you're grabbing the intraday trading robots on the job. Nice if you're able to trade with zero spread.

    Price and market movements on nearly a predictible foundation, certainly turns can be predicted at period, and zones of high probability characterized. PM me, I will possibly help save you a lot of work.


    Mike
    Hi fxsignal,

    Unfortunately there are many individuals in fund which don't believe in price forecast, they state each tick is a 50% chance (history doesn't matter), in other words impossible to predict. .

    Within my intraday experiments price sometimes could be successfully predicted up to 200 ticks, in the following image a Range GBPUSD

    http://img294.imageshack.us/img294/2362/prediction3.png


    What would you mean by zero spread commerce?


    Regards

  6. #26
    Member DPert's Avatar
    53
    This pair is really a crazy mover... Gone in brief at 1.7150.
    TP in 1.68 to get 350 pips. 1-2 weeks should take. No SL as normal.
    Good luck to me.

  7. #27
    Member DPert's Avatar
    53
    Should return to 1.1250.
    Starting to build a small long position @ 1.1100.
    This item has potential to go down more ... even reach 1.09 so I'll add more if the downmove persists.

    See how this works out

  8. #28
    Member DPert's Avatar
    53
    Euro/usd might climb a little more but I see the upmove is near fatigue... I'm building a short place so adding longer for the last time here in 2340...
    I'm now short 2170, 2265 and 2340.
    Averaged short at 2258.
    I said I wouldnt add more but I'm sure this thing will return to 1.22, just taking its time. So added for the last time in 1.24.
    Now averaged short @ 2293. Lets See how this goes. I doubt it'll go up past 1.25.

  9. #29
    Member DPert's Avatar
    53
    Greetings everyone,


    Initial predction:
    Eur/Cad ... right now sits at 1.2570... Price target is 1.28 within 1-2 weeks. Lets see if I can get my 230 pips

    More to come as soon as predictions can be made.
    Closed at 1.2765 for 195 pips . Didnt want to wait for 1.28

  10. #30
    Member
    47
    Have you looked at time frames? It seems to me like you're ching the intraday trading robots at work. Very nice if you can trade with zero spread.

    Price and market movements on almost a predictible foundation, certainly turns can be predicted at period, and zones of large likelihood defined. PM me, I can possibly help save a lot of work.


    Mike

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