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Binyamin replied Jul 21, 2011As a touch? No, because it broke the 15 pip rule. Also to add, it took a lot of bars to get there and from what I read in the old dance thread, the bars are being scooped up and eclayf did comment he wont take the touch in that scenario.
CHOROS Interactive
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Binyamin replied Jul 20, 2011Thanks Haydel, to me it was a good example of a textbook 10EMA constrainment trade.
CHOROS Interactive
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Binyamin replied Jul 20, 2011Thanks for the encouragement, though I really don't think I'm pro. Yes, I really agree with you. I thought I have gotten over my trading fears until i started trading this system.
CHOROS System
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Binyamin replied Jul 20, 2011I think a valid 35/50 touch for GY is at hand now. update: It won't be a good touch trade by the rule.
CHOROS Interactive
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Binyamin replied Jul 20, 2011I don't know how you pros are profiting, all I see are low volatility and MA soups. I haven't place a single trade today.
CHOROS System
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Binyamin replied Jul 20, 2011I think he meant his 5 min 10EMA touch trade. Since he was saying he made money on the 5 min, I glance over the 5 min chart for 4 pairs and they were indeed more profitable at a glance for this kind of market than 15m. If this post shouldn't be here ...
CHOROS Interactive
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Binyamin replied Jul 20, 2011I didn't take the trade but I am seeing: the market at this time is washing out most of the MA's. I don't exactly know what is the condition but in this condition, at least some of the dance rules fail to produce statistically normal results. I am ...
CHOROS Interactive
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Binyamin replied Jul 20, 2011I get what he means, he meant that with his EA it doesn't matter whether we buy or sell because his EA will enable us to hack our broker's system and overwrite our account balance statement. Hence the statement "plot the profit" Brilliant!
99.99 system
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Binyamin replied Jul 20, 2011Hi guys, I have been trading mechanical systems and familiar enough with writing EAs for quite a while now and one strategy I use to greatly reduce drawdowns is to reduce the position size after some string of losses. In a lot of cases doing so has ...
CHOROS System
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Binyamin replied Jul 20, 2011Thanks heaps, I like my name there. Yeah I know how to install it, I've been using MT4 and coding in MQL for quite a while now. Thanks again.
CHOROS System
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Binyamin replied Jul 20, 2011Hi folks, I am Ben(Binyamin is my jewish name), I have been trading gold and silver too for quite sometime but only with trend following systems. Anyway, here is an article y'all might be interested in reading. Perhaps some of you that are ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Binyamin replied Jul 19, 2011I can't tell if you are joking or not, but if you are serious yes, I would love to have it!

CHOROS System
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Binyamin replied Jul 19, 2011I see MA for the other pairs diverging right now. I am done for the night.
CHOROS Interactive
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Binyamin replied Jul 19, 2011On closer inspection of the chart that trade of mine was a mistake because when I looked closer the second bar did not cross the 10EMA yet..... Right now that mistake cost me 0.1% Next time I have to look closer.
CHOROS System
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Binyamin replied Jul 19, 2011yeah I caught the first touch of EJ for 20 pips(trail SL right up to RN). That even out my previous 20 pip loss. Now I am even for the day. I didn't take EU, to me there were too many bars leading to the touch which probably broke one of the rule.
CHOROS Interactive
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Binyamin replied Jul 19, 2011Thanks. Hmm, I don't think I am having issues with psychology(I feel nothing losing 0.1% pertrade). I think it is the market acting up. I will wait till end of the week or month with my results to see the stats.
CHOROS System
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Binyamin replied Jul 19, 2011I don't meant to be an ass but that broke the two bar rule. The irony is I followed the 2 bar rule and lost 10 pips in this trade.
CHOROS System