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  #491 (permalink)  
Old 03-08-2007, 09:01 PM
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khalilia is on a distinguished road
Quote:
Originally Posted by HighFireTrend
I used IDT's target 1.9332 and trend UP and you can use IDT's buy zone 1.9273 and can earn +42 pips when the RSI was 68.56.. and close your profit at 11:15 am EST

thanks, but the price didn't actually hit the buy zone even. So, today, there was no trade in the buy zone, and there was a bad trade in the time zone if you acted upon it.

sorry HFT, but it seems to me like you are manipulating the rules each and everyday, which doesn't make sense.

thanks
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  #492 (permalink)  
Old 03-08-2007, 09:20 PM
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Quote:
Originally Posted by khalilia
thanks, but the price didn't actually hit the buy zone even. So, today, there was no trade in the buy zone, and there was a bad trade in the time zone if you acted upon it.

sorry HFT, but it seems to me like you are manipulating the rules each and everyday, which doesn't make sense.

thanks
Wait-wait, the price was in buy zone at 09:20 am(EST) at 1.9272 and you could buy and close your buy position when the RSI at 11:15 am was above 60 - I talk about that every day
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  #493 (permalink)  
Old 03-08-2007, 10:38 PM
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Lets clear it up!

Quote:
Originally Posted by HighFireTrend
Wait-wait, the price was in buy zone at 09:20 am(EST) at 1.9272 and you could buy and close your buy position when the RSI at 11:15 am was above 60 - I talk about that every day
Lets clear up all the confusion once and for all!

This service is accurate at giving the daily trend MOST of the time(not all the time).
What I think would really help all those here who have subscribed is a clear set of rules how to trade the forecasts in every situation.

HFT, you are definitely the expert with this service...maybe you could get us together some soild rules...Maybe after the forecast comes out, give us what you intend to do with it so we may understand how to harness the power of IDTs forecasts.

What do you think?
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  #494 (permalink)  
Old 03-08-2007, 11:23 PM
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I understand folks frustrations.

I think we should give credit to the forecasts when credit is due and they may indeed be accurate more times than not. But there is a sense given within this thread that we should have made 100+ pips per day even when the forecast direction, forecast target price and forecast time period are off. And 100 pips may have been available, just not from mechanical reliance on the forecast. And reliance upon an oscillator and a generic up or down forecast seems risky.

However, it definitely would be very helpful to get some clearer guidance. I know HFT has provided helpful clues and I can only presume that he represents in some way the company, which is good, because they are truly the ones who should be giving us better guidance.

It seems like this service has potential and I think we all just want to get the most out of it.
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  #495 (permalink)  
Old 03-08-2007, 11:55 PM
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Quote:
Originally Posted by saintmo
I understand folks frustrations.

I think we should give credit to the forecasts when credit is due and they may indeed be accurate more times than not. But there is a sense given within this thread that we should have made 100+ pips per day even when the forecast direction, forecast target price and forecast time period are off. And 100 pips may have been available, just not from mechanical reliance on the forecast. And reliance upon an oscillator and a generic up or down forecast seems risky.

However, it definitely would be very helpful to get some clearer guidance. I know HFT has provided helpful clues and I can only presume that he represents in some way the company, which is good, because they are truly the ones who should be giving us better guidance.

It seems like this service has potential and I think we all just want to get the most out of it.

I totally agree with saintmo. if we can come up with a clrear cut guidlines that can be profitable most of the times (and not all the time I expect) I would volunteer to put together an EA so that we can set the parameters everynight (trend, buyzone, timezone, etc.), and it can trade them.

let me know what you think.
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  #496 (permalink)  
Old 03-09-2007, 02:55 AM
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Tonights/tomorrows forecast

I am curious as how you will trade tonights forecast, HFT.

I entered pending orders in the buy zone(not filed yet) but I intend to check the market right before the +++ buy time...do i just enter at that time or should I wait for RSI confirmation?
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  #497 (permalink)  
Old 03-09-2007, 03:13 AM
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forex-tsd7 is on a distinguished road
hft,pls teach us how u trade today...thanks
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  #498 (permalink)  
Old 03-09-2007, 05:06 AM
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blackcode is on a distinguished road
the price flay away from the buy-zone and i dont know how to enter today!

RSI didnt reach 30 levels yet.

any idea about today!
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  #499 (permalink)  
Old 03-09-2007, 06:30 AM
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Quote:
Originally Posted by blackcode
the price flay away from the buy-zone and i dont know how to enter today!

RSI didnt reach 30 levels yet.

any idea about today!
Hi
I do not think today will be a good day for asking HFT for trading plans. UK industrial production at 9.30 GMT, US NPF and US trade balance at 1.30 GMT. Market is bound to be a bit jittery and have a lot of movement.
We have to use our own judgement and our own risk levels.
UK market has not yet started!! Let us see what happens after 7 am GMT. By the way I am leaving for work in a few minutes and will not be accessing the web for another 3-4 hours.
Kumar

Last edited by gkumar; 03-09-2007 at 06:51 AM.
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  #500 (permalink)  
Old 03-09-2007, 10:58 AM
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Quote:
Originally Posted by blackcode
the price flay away from the buy-zone and i dont know how to enter today!

RSI didnt reach 30 levels yet.

any idea about today!
Hi
I suppose people who were patient would have noticed that around 7 am GMT GBP/USD mad a double top with falling RSI. That was coinciding with IDT forecasts.
Super intraday is working well!!
Kumar
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