Prime (के जरिए arezab)

लाभ : -97.79%
गिरावट 103.90%
पीप्स: 1365.0
ट्रेडों 386
जीत:
हार:
प्रकार: प्रदर्शन
लीवरेज: 1:200
ट्रैडिंग: मैन्यूअल

Prime चर्चा करें

Oct 28, 2009 at 18:55
6,352 व्यू
57 Replies
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 16, 2009 at 00:06
I've also tried several systems before. Although those systems worked too (actually every system works more or less ... provided that you stick to rules) but I've found this one more discreet because the chart is clear and lets me see the market better.

Yes most of times I use higher TFs to see an overall view of the market direction and use the lower TFs to enter the trade because I'm a day trader. This is not something new. I think most of traders do the same base on their own systems.

BTW sorry for your losses but in fact that is part of the game and inevitable.

Well about 2 point trend lines ... if you are familiar with oscillator indicators like RSI you know that simply relying on just 2 points to draw a trend line is nearly impossible. Besides I use the chart itself and the corresponding trend line on price and compare them to confirm the RSI trend line. It's not that as easy as the way others use trend lines. This last part took me almost 2 year to complete.

CCI is also great. Actually I started with CCI at first but now I prefer RSI because of it's smoothness.
तबसे मेंबर है Dec 14, 2009   6 पोस्टों
Dec 16, 2009 at 15:44
Hi Arezab,
  I have been looking at some of your trades to see what the market was doing when you opened a trade, and I am realizing that the time your trades are showing the moves doesn't line up with my charts. I was wondering what time frame your broker is in U.S. time zones. Interbank FX is mountain time, FXDD is eastern time and so on. Just curious so I can cross reference what happened at the right times. Thanks again for everything.
तबसे मेंबर है Dec 14, 2009   6 पोस्टों
Dec 16, 2009 at 19:44
Hi Arezab,
  Looking at your trades I see that a lot of your trades are stopped out at no loss or break even, and then most of your losses are only a few pips and are stopped out within a few minutes after you open them. Am I correct in figuring that you move your stop to break even pretty fast. I was wondering what distance in pips you let your trades run before you move your stop to break even and how you determine your original stop loss. Also, I see a couple large losses, and would that only be because you were away from your charts at the time. Anway, things look interesting following what you are doing so far. Thanks again.
तबसे मेंबर है Dec 14, 2009   6 पोस्टों
Dec 16, 2009 at 20:19
Hi Arezab,
  Couple more questions. Do you use a trailing stop, like say to the next dip in price as your trade progesses. Also, I was wondering why you trade only the GBP/USD pair other than a trade on gold and the EUR/USD. Is it because it is a volitale pair with a reasonable spread and because it moves pretty smooth without a lot of huge price jumps in one candle. I know the GBP crosses are generally the most volitale pairs so GBP/USD seems to be a good pair to trade. Thanks again for all the information you have provided.
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 16, 2009 at 20:21

jaxs81 posted:
    Hi Arezab,
  I have been looking at some of your trades to see what the market was doing when you opened a trade, and I am realizing that the time your trades are showing the moves doesn't line up with my charts. I was wondering what time frame your broker is in U.S. time zones. Interbank FX is mountain time, FXDD is eastern time and so on. Just curious so I can cross reference what happened at the right times. Thanks again for everything.


Prime4x = +2:00 Greenwich time.
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 16, 2009 at 20:30

jaxs81 posted:
    Hi Arezab,
  Looking at your trades I see that a lot of your trades are stopped out at no loss or break even, and then most of your losses are only a few pips and are stopped out within a few minutes after you open them. Am I correct in figuring that you move your stop to break even pretty fast. I was wondering what distance in pips you let your trades run before you move your stop to break even and how you determine your original stop loss. Also, I see a couple large losses, and would that only be because you were away from your charts at the time. Anway, things look interesting following what you are doing so far. Thanks again.

About moving SL, sometimes yes I move to BE and sometimes not. Depends on how quick the market moves. If market spikes away from my entry for 15 pips or more I quickly move SL to BE. If not I wait.

If I go wrong with a trade I try to wait and see if the market returns back, so I put TP at 0 to possibly get out of the trade with no loss. The distance for SL in my system is not definite. Most of time I close the losing trade manually. Yes those big losses are because I was away from my PC at that time.
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 16, 2009 at 20:38

jaxs81 posted:
    Hi Arezab,
  Couple more questions. Do you use a trailing stop, like say to the next dip in price as your trade progesses. Also, I was wondering why you trade only the GBP/USD pair other than a trade on gold and the EUR/USD. Is it because it is a volitale pair with a reasonable spread and because it moves pretty smooth without a lot of huge price jumps in one candle. I know the GBP crosses are generally the most volitale pairs so GBP/USD seems to be a good pair to trade. Thanks again for all the information you have provided.

I think GU is a nice pair. In fact I started to trade live 3 years ago with GBPJPY which was a big mistake. I love that pair but the volatility is high and also the spread as well. Of course the spread is no issue if your system works for you. I intend to return to GJ in 2010 after I have some gains in my account. I will reduce my Risk/Reward ratio and my position size if I want to trade that pair.

I tried EU for a few trades and I didn't like its movement although the spread is 2 with prime but GU is 2 too. So I decided to focus on one pair for some time.

Gold is excellent but again very wild movements. I think I'll start to test it for a month or so early 2010 after my capital in this account exceeds 150K with a position size of 1 lot for start.
74AHT010
forex_trader_3828
तबसे मेंबर है Nov 29, 2009   3 पोस्टों
Dec 17, 2009 at 21:18
Very, very impressive. Have you been able to apply this strategy in a live account? I know emotions play a part when it comes to trading real money. With those kind of returns it is a wonder some big financial institution or private investment firm hasn't contacted you.... LOL! Continued success to you. Have a blessed day.
तबसे मेंबर है Oct 18, 2009   5 पोस्टों
Dec 18, 2009 at 13:18 (एडिट हो रहा है Dec 18, 2009 at 13:26)
hi excellent trader,i have a question,i see in the historical traders that you have a lot of traders against you for several hours,and exit a breakeven,but do you have a maximum of pips for sl?,with your system,is not a bit dangerous keep traders with a lot of pips against you,or you forget that,i know that is demo.please if you can explain me your money m. i am very happy,
i see your lasts messages about that ,but really in real do you wait for traders back with thousands pips against you,or you cut that and why you cut that,my question is what reason do you use for exit and not wait of the market back,i know that is not a easy question
regards
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 18, 2009 at 16:54

novifu posted:
    hi excellent trader,i have a question,i see in the historical traders that you have a lot of traders against you for several hours,and exit a breakeven,but do you have a maximum of pips for sl?,with your system,is not a bit dangerous keep traders with a lot of pips against you,or you forget that,i know that is demo.please if you can explain me your money m. i am very happy,
i see your lasts messages about that ,but really in real do you wait for traders back with thousands pips against you,or you cut that and why you cut that,my question is what reason do you use for exit and not wait of the market back,i know that is not a easy question
regards

You are right but I'm still testing this system. Some of those trades are because I was not home for 1 or 2 days. In my live account I close them asap. So the gain in my live account is not as high as here.

This is a counter trend system so I don't recommend it to anybody.
तबसे मेंबर है Oct 18, 2009   5 पोस्टों
Dec 18, 2009 at 21:53
ok thanks,i understand,and thanks for share and waste your time,i see your trades and i see that you enter at rsi trend break,
my question is,not is more sure enter at the rebound,and sometimes you enter against 200 sma,and other time against 50 rsi level,do you dont use that over your chart?,for other side rsi break is risky because repaint a lot ,what do you use for filter false signals?
is sure that you have a side because your 90 win rate for months is impressionant
regards
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 19, 2009 at 10:09

novifu posted:
    ok thanks,i understand,and thanks for share and waste your time,i see your trades and i see that you enter at rsi trend break,
my question is,not is more sure enter at the rebound,and sometimes you enter against 200 sma,and other time against 50 rsi level,do you dont use that over your chart?,for other side rsi break is risky because repaint a lot ,what do you use for filter false signals?
is sure that you have a side because your 90 win rate for months is impressionant
regards

I don't use 200 sma or any other MA.
I don't use RSI levels.
RSI trend line break is not risky because it doesn't repaint.
I don't use any tool or indicator to filter false signals, just my experience.
तबसे मेंबर है Oct 18, 2009   5 पोस्टों
Dec 19, 2009 at 21:57
thanks ,you have a great experience,when i try some scalp strategy,i dont use indicators,only s/r 200ms and 14 but not for cross,only than s/r too,i win for several weeks,but in a day i take a several bad trades against me,and i lost my win,and if i try to cut my loses i lost a lot more of trades,i like your hability for exit at breakeven or with very small lost
तबसे मेंबर है Sep 05, 2009   11 पोस्टों
Dec 21, 2009 at 23:15
seems this system can not made automatic
now or not
तबसे मेंबर है Nov 05, 2009   76 पोस्टों
Dec 22, 2009 at 22:58 (एडिट हो रहा है Dec 22, 2009 at 23:00)
By far the most reliable system i have seen so far here. Demo or Real. Good Job!
Only the risk settings are huge considering +3500pips vs +1700%. But i see you are not suffering many losses, so it can be fair.
तबसे मेंबर है Dec 09, 2009   17 पोस्टों
Dec 24, 2009 at 10:02
arezab, congratulations. simple system but great results. do you have specific time frame for your system to be traded / e.g. london session or new york ?
Money gives a freedom of expression.
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 24, 2009 at 13:53

snail69 posted:
    arezab, congratulations. simple system but great results. do you have specific time frame for your system to be traded / e.g. london session or new york ?

Session is not important for me. I place my trades whenever I get proper signal.
तबसे मेंबर है Oct 18, 2009   5 पोस्टों
Dec 24, 2009 at 14:48
hi,do you see support/resistence zone for enter or exit,because only rsi is risky,that can turn,thanks
तबसे मेंबर है Sep 18, 2009   26 पोस्टों
Dec 24, 2009 at 19:54

novifu posted:
    hi,do you see support/resistence zone for enter or exit,because only rsi is risky,that can turn,thanks

Of course. Both S/R levels on RSI and on price itself are important for my entries and exits. Also I draw trend lines which are critical to find a turning point.
तबसे मेंबर है Sep 04, 2009   879 पोस्टों
Dec 24, 2009 at 20:47
😲uff.... - 47.000 $ on open trades ...
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