HI Mal, I calculated 5830 to be important... the fact that it not only lost it but lost it with a falling knife signifies the start of the downtrend.. for me anyways.

vsa with Malcolm

if ireland comes true i would look for a suckers rally wit high volume putting the final nail in the coffin

vsa with Malcolm

Whatever it is we won't know until after the fact... seems like selling to me... high volume like this doesn't start at the top of a trend only to keep giong.. from what I have seen it means change of trend.. and the amount of volume usually gives ...

vsa with Malcolm

Please see post 1

Jag's Phantom 6 System

I posted a new experimental version of the EA for testing. Check out post 1

Jag's Phantom 6 System

I updated my EA to include some of Tim's suggestions for testing. new ea is 2a. Haven't done the 3 pair thing... do it in 2b maybe.

Art Phantom EA

It is appropriate... did you read the code? Did you read the comments in the code? New basket can be open within first few hours of session only. This means you can PP on a basket and open another while the range of the day hasn't been reached yet. ...

Jag's Phantom 6 System

Tim, When you refer to e/u, u/j, e/j are you saying to trade these if the phantoms are winners out of the original 14 pair basket during trading time?? Or are you saying that these are the only phantoms and also the only pairs to trade so you will ...

Art Phantom EA

I wouldn't trade live until atleast 6 month testing is done.

Art Phantom EA

THanks, I also added a BE after H1 ADR (200) pips to avoid winners turning into losers. In any next version I'll probably make it so it won't add trades unless your previous one is already BE. This will make sure that you aren't adding risk to your ...

Art Phantom EA

Well lets see... I think we can agree that we are all still in learning mode. Knowledge is power.

Art Phantom EA

I don't speculate "when the big boys come in to the market" I follow fundamental principles from what I learned reading about how to be successful. The knowledge passed down from someone who makes money to those who want to make money. There has to ...

Art Phantom EA

By the time SMA crosses the ATR the best setup has already passed in alot of cases. Feel free to go to my thread to see what I'm talking about regarding the R:R. You wait for a breakout then get in with min 10:1. We again come back to testing... if ...

Art Phantom EA

Sure Caillou that's great... my EA with the same concept also closed in profit today... but give it a few weeks and you'll see. Set your DD cutoff to say 20% as Timmy says and in 2 months lets see the balance. Then try on a real account with minimum ...

Art Phantom EA

ATR filter may work and volume may be even better but there usually is a "set up" time when the big boys will lure in the pigs and buy at a discount or sell when it is expensive. This is done a few hours into the session. With your EU example yes it ...

Art Phantom EA

Sure you let PA be the dictator but at what odds? How do you define odds with this system for expectancy of profits? The only way is to FWD test and make sure your 20% DD won't get hit before your 20% profit.

Art Phantom EA

Well the R:R is not good enough given the edge it provides. Based on what people have been showing backtests/forward tests... the 20% mark is easy eclipsed before you could actually make 20%. If the EA provides a stable equity curve long term ...

Art Phantom EA

I've done alot of thought and realized what I already knew... even though my DD is ok and it equity increases seem good I don't think this strategy as it sits will work without a stoploss in the long run. I think if you really want to be successful ...

Jag's Phantom 6 System

This strategy won't work you have to apply some kind of R:R

Art Phantom EA

Guys, I don't think the original EA followed T101's model and I will modify my EA to follow it... The real pairs (or in phantom 6 the 6 pairs) actually should be anchors...and you trade only when an anchor is your best phantom. Timmy brought this up ...

Art Phantom EA