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  #1251 (permalink)  
Old 06-03-2009, 06:24 PM
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negpips

Quote:
Originally Posted by Togu View Post
Hi all,
I wanted to let u guys know how many times I hit negative pips through this chart. The highest was - 675 pips on one pair, which occured to me only once since trading live from February (forgot what level was)
hi togu!
i was more relax if you was post that chart yesterday
thank you for the hard work.
best
ram
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  #1252 (permalink)  
Old 06-03-2009, 06:34 PM
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Quote:
Originally Posted by Togu View Post
We are seeing nice retrace right now. When it reaches 1.4064 my TP will get hit. only 100 pips left to go. EUR/USD plunge!!! son of ....
good for you. i'm in the opposite direction
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  #1253 (permalink)  
Old 06-03-2009, 07:06 PM
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Blessing and Murrey Math

Hi all,

I would like to share this with Blessing followers. Today, many of us got nervous with trades that goes opposite of trend. Me too. I put up MurreyMath indicator on H1 and I saw what I ignored before this - the support and resistance lines.

If you look at file EU-30M.jpg, you could see that I am trading against the trend right now. Same goes wih GU pair, look at GU-30M.jpg. Why is this happening? Take a look at the EU-H1.jpg and GU-H1.jpg.

In EU, the price has reached the 6/8 (Strong Reversal) and so it moves to opposite direction of our trades. I want to see whether this will reverse back to our advantage when it reaches -1/8 or -2/8 lines (extremely oversold).

Same goes in GU pair. The price has reached the +1/8 lines (overbuy) so it reverse back down south against our trades. We shall watch the price action when it reaches line 2/8 or line 0/8 in GU-H1, whether it will reverse back up or not.

Points to ponder: We should be very careful when we are approaching the major S/R lines - our trades might go the opposite way.

-RJ1-
Attached Images
File Type: jpg EU-30M.jpg (97.3 KB, 241 views)
File Type: jpg EU-H1.jpg (93.1 KB, 238 views)
File Type: jpg GU-30M.jpg (85.4 KB, 240 views)
File Type: jpg GU-H1.jpg (106.6 KB, 241 views)

Last edited by RJ1; 06-03-2009 at 07:14 PM.
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  #1254 (permalink)  
Old 06-03-2009, 07:24 PM
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RJ1 what are your current open positiions ? can you give a screen
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  #1255 (permalink)  
Old 06-03-2009, 07:30 PM
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This is my current open positions. Please be advised that I do not run this 24/7. I fire up Metatrader only when I am online. So, the positions I have should be different from yours.

-RJ1-

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Originally Posted by feline207 View Post
RJ1 what are your current open positiions ? can you give a screen
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File Type: jpg Open.jpg (58.9 KB, 237 views)
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  #1256 (permalink)  
Old 06-03-2009, 07:38 PM
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Thank you RJ1.
I had to reinstall metatrader today and now my backtesting results are different than the ones i had before. i have always made 90% quality so i don't know what is making a difference. i really need someone to explain to me the following thing:
2shared - download eurusd.rar
Please someone take a look at this report and tell me what have i done wrong with the test ? i think the initial balance is pretty high or am i wrong
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  #1257 (permalink)  
Old 06-03-2009, 07:39 PM
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gbp/usd and eur/usd

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Originally Posted by RJ1 View Post
This is my current open positions. Please be advised that I do not run this 24/7. I fire up Metatrader only when I am online. So, the positions I have should be different from yours.

-RJ1-
hello RJ1!
which set files are you using for the gbp/usd m30 and eur/usd m30 bobsters set files?
best
ram
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  #1258 (permalink)  
Old 06-03-2009, 08:33 PM
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Quote:
Originally Posted by Togu View Post
Hi all,
I wanted to let u guys know how many times I hit negative pips through this chart. The highest was - 675 pips on one pair, which occured to me only once since trading live from February (forgot what level was)
Hi,

Do you use a specific program to record these negative pips?
Pls let me know.
Rgds
Ed
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  #1259 (permalink)  
Old 06-03-2009, 08:36 PM
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Yup, Bobster's.

-RJ1-

Quote:
Originally Posted by ramliam View Post
hello RJ1!
which set files are you using for the gbp/usd m30 and eur/usd m30 bobsters set files?
best
ram
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  #1260 (permalink)  
Old 06-04-2009, 02:31 AM
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Quote:
Originally Posted by Togu View Post
Hi all,
I wanted to let u guys know how many times I hit negative pips through this chart. The highest was - 675 pips on one pair, which occured to me only once since trading live from February (forgot what level was)
It is very interesting to see the graphic and found out that most of the time Blessing never approach high negative pips. Eventhought I am now in level 7 and the highest negative pips is around -300, I am very optimistic that the market will retrace soon. Does anybody want to share their highest negative pips that have been reached so far while trading with Blessing? if you have histogram kind like Togu made is better.

Last edited by jack042; 06-04-2009 at 02:39 AM.
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