Victor (By victorbrigge)
The user has deleted this system.
Victor Discussion
Member Since Sep 12, 2009
313 posts
Mar 27, 2011 at 15:52
Victor you should take over our account and do trading using multi account trading software .I am sure most of the members welcome your move
Member Since Jan 14, 2010
556 posts
Mar 28, 2011 at 09:21
victorbrigge posted:
wilkinson posted:
What happens when the market ranges? Do you wait for it to trend?
But the way, I've looked at your directional analysis, and see the gbpchf trades aren't profitable. Am guessing those were test trades and you've stopped trading the pair?
Yes, I try to wait for the trend.
About GBPCHF. As a normal trader I always testing something new :) most of the profits brings me my strategy, but sometimes shit happens and I lose money by testing new systems.
Thanks for being so forward, much appreciated 😄.
Have you tried programming your trading strategy?
Member Since Oct 28, 2009
1436 posts
Mar 29, 2011 at 16:28
Thanks for sharing Victor.
I'd be very interested to know how you decide when to exit your trades.
I'd be very interested to know how you decide when to exit your trades.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Jan 14, 2010
556 posts
Mar 30, 2011 at 16:04
This is quite rare to see a successful trader, showing his trading results publicly and sharing his trading strategy. Victor, if you can provide the exact exit rules also, I'm sure someone here will be happy to code it into an EA.
Member Since Feb 16, 2010
1332 posts
Mar 31, 2011 at 04:50
(edited Mar 31, 2011 at 04:59)
5 stars from me. Great results.
I'm glad there are still helpful people like Victor who want to share good strategies. Victor's approach is very nice - simple trading rules.
<b>Everything should be made as simple as possible, but not simpler.</b> Albert Einstein
<b>Simplicity is the ultimate sophistication.</b> Leonardo DaVinci
I'm glad there are still helpful people like Victor who want to share good strategies. Victor's approach is very nice - simple trading rules.
<b>Everything should be made as simple as possible, but not simpler.</b> Albert Einstein
<b>Simplicity is the ultimate sophistication.</b> Leonardo DaVinci
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Mar 08, 2011
3 posts
Mar 31, 2011 at 07:00
IN RESPONSE TO EA TRADERS WANTING EVERY RULE......
Victor is obviously a very well meaning and unusually generous trader. I have seen what happens to the best ea's on fx sites after many years of trading. The profit is great, but after 6months to 12 the profit plateaus and it goes downhill. Unfortunately i am more than sure this will happen with this system. Its simplicity is very programmable and someone will make some fast bucks and market it everywhere, and victor and other manual traders will be left wondering why it doesnt profit in 12months. The same as what happenened to news trading when the F.P.A marketed news trading release spike trading years ago. I think he has given more than enough for anyone on this site to make cash out of this .... i say victor has given too much for his own good soul to help anytrader. No doubt this will enrage a lot of ea traders ....but its just my opinion and its of course Victor's decision. I hope a good manual trader will use victors ides and manage for others.
best regards to a very generous Victor.
Victor is obviously a very well meaning and unusually generous trader. I have seen what happens to the best ea's on fx sites after many years of trading. The profit is great, but after 6months to 12 the profit plateaus and it goes downhill. Unfortunately i am more than sure this will happen with this system. Its simplicity is very programmable and someone will make some fast bucks and market it everywhere, and victor and other manual traders will be left wondering why it doesnt profit in 12months. The same as what happenened to news trading when the F.P.A marketed news trading release spike trading years ago. I think he has given more than enough for anyone on this site to make cash out of this .... i say victor has given too much for his own good soul to help anytrader. No doubt this will enrage a lot of ea traders ....but its just my opinion and its of course Victor's decision. I hope a good manual trader will use victors ides and manage for others.
best regards to a very generous Victor.
Member Since Aug 03, 2010
40 posts
Apr 04, 2011 at 11:59
Hello
about MM (money management).
I don`t know how to explain it clearly, but I`ll try.
I am assured that many loses not from wrong risk management, but from banal fear to close unprofitable positions.
Here is one test. Try to think which one is better to open BUY position, 'I' or 'II'? :) Tomorrow I will give you my opinion on this test.
<a href='https://www.myfxbook.com/files/victorbrigge/test.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/test.jpg'/></a>
about MM (money management).
I don`t know how to explain it clearly, but I`ll try.
I am assured that many loses not from wrong risk management, but from banal fear to close unprofitable positions.
Here is one test. Try to think which one is better to open BUY position, 'I' or 'II'? :) Tomorrow I will give you my opinion on this test.
<a href='https://www.myfxbook.com/files/victorbrigge/test.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/test.jpg'/></a>
Attachments:
Member Since Oct 30, 2009
57 posts
Apr 04, 2011 at 13:28
Fig. 1 seems to be the better of the trade as trend has been confirmed as per Dow, shows market is behind the move up and into the second stage. We now look for MACD confirmation and then Stochastic for entry.
victorbrigge posted:
Hello
about MM (money management).
I don`t know how to explain it clearly, but I`ll try.
I am assured that many loses not from wrong risk management, but from banal fear to close unprofitable positions.
Here is one test. Try to think which one is better to open BUY position, 'I' or 'II'? :) Tomorrow I will give you my opinion on this test.
<a href='https://www.myfxbook.com/files/victorbrigge/test.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/test.jpg'/></a>
All things come to those who wait.
Apr 04, 2011 at 14:49
Hello Victor:
I am new on this site and found you. I am very much looking for someone like you who trades manually and I am looking for a money manager. Please send me details at [email protected]. Thank you so much for explaining your strategy and your result looks very promissing. A real PRO !!!!
Looking forward to hear from you.
I am new on this site and found you. I am very much looking for someone like you who trades manually and I am looking for a money manager. Please send me details at [email protected]. Thank you so much for explaining your strategy and your result looks very promissing. A real PRO !!!!
Looking forward to hear from you.
Member Since Oct 30, 2009
57 posts
Apr 05, 2011 at 00:28
<a href='https://www.myfxbook.com/files/MoneyFountain1/USDCHF_1H_ju.jpg' target='_blank'><img src='https://www.myfxbook.com/files/MoneyFountain1/USDCHF_1H_ju.jpg'/></a>
Am I correct in my trend confirmation? Or are you workign with an older trend and using the existing trend line support?
Am I correct in my trend confirmation? Or are you workign with an older trend and using the existing trend line support?
Attachments:
All things come to those who wait.
Member Since Dec 29, 2010
11 posts
Apr 05, 2011 at 04:21
I would say fig.1 as it is in strong uptrend compare to fig.2
Member Since Aug 03, 2010
40 posts
Apr 05, 2011 at 09:26
MoneyFountain1 posted:
Am I correct in my trend confirmation? Or are you workign with an older trend and using the existing trend line support?
here is my opinion:
<a href='https://www.myfxbook.com/files/victorbrigge/111.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/111.jpg'/></a>
Attachments:
Member Since Aug 03, 2010
40 posts
Apr 05, 2011 at 09:36
About my test :)
For me, the second signal is better then first. Because in first figure we have potential lose more then in the second one. (According to Dow theory, if new bottom or top breaking the whole move it means that we have infringement of the trend and we must leave the market)
This is one tip from my MM. If I see that I have big potential lose, I try not to trade or I trade very carefully
<a href='https://www.myfxbook.com/files/victorbrigge/test2.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/test2.jpg'/></a>
For me, the second signal is better then first. Because in first figure we have potential lose more then in the second one. (According to Dow theory, if new bottom or top breaking the whole move it means that we have infringement of the trend and we must leave the market)
This is one tip from my MM. If I see that I have big potential lose, I try not to trade or I trade very carefully
<a href='https://www.myfxbook.com/files/victorbrigge/test2.jpg' target='_blank'><img src='https://www.myfxbook.com/files/victorbrigge/test2.jpg'/></a>
Attachments:
Member Since Dec 29, 2010
11 posts
Apr 05, 2011 at 10:31
Thank you for your guidance Victor!
How do you know when to exit the trades?
How do you know when to exit the trades?
Apr 05, 2011 at 19:49
Victor, you are very talented and generous trader.
Thank you for explaining the method and keeping the trades opened for public; don´t see that behavior from a successful trader very often. :)
The system you use took the old good 'trend is your friend' to a next level for me, kind of eye opener.
Tnx again!
Thank you for explaining the method and keeping the trades opened for public; don´t see that behavior from a successful trader very often. :)
The system you use took the old good 'trend is your friend' to a next level for me, kind of eye opener.
Tnx again!
It's a shallow life that doesn't give a person a few scars
Member Since Oct 30, 2009
57 posts
Apr 06, 2011 at 04:54
(edited Apr 06, 2011 at 05:00)
Victor,
Thank you for the clarification on the USDCHF chart.
Yes, I thought you would be working with the older trend, but it appeared to have been broken / weakened in the third wave, so i looked for a newer set. It appears that there is potential for a large move up shortly, if the pair manages to break 0.9400.
May I inquire why you suddenly reversed your postilion on EURGBP?
Of course, it was profitable, but I could not identify a trade based on your system.
Was it simply that the support trend line (starting March 10) was broken?
Or was it a possibility of a reversal based on fundamentals or knowledge of the upcoming M&A flows against the Euro?
Could you please take a look at the EURCAD chart - everything seems in place
I shorted the pair at 1.3718 SL 1.3779 (previous high) TP 1.3665 / 1.3615 / 1.3535.
Thank you
Thank you for the clarification on the USDCHF chart.
Yes, I thought you would be working with the older trend, but it appeared to have been broken / weakened in the third wave, so i looked for a newer set. It appears that there is potential for a large move up shortly, if the pair manages to break 0.9400.
May I inquire why you suddenly reversed your postilion on EURGBP?
Of course, it was profitable, but I could not identify a trade based on your system.
Was it simply that the support trend line (starting March 10) was broken?
Or was it a possibility of a reversal based on fundamentals or knowledge of the upcoming M&A flows against the Euro?
Could you please take a look at the EURCAD chart - everything seems in place
I shorted the pair at 1.3718 SL 1.3779 (previous high) TP 1.3665 / 1.3615 / 1.3535.
Thank you
All things come to those who wait.
