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Only Gold!

  • #6,081
  • Apr 4, 2014 4:28pm Apr 4, 2014 4:28pm
Quoting ClockTrader
Wish you all a great weekend. If you have any queries regarding "Pilot DCB", please hold them until I write an article on the same. More updates on way. Cheers :=)
thanks CT!

This is a grt thread....Hopefully we all can gain from this...
I'm going to sign up for the signals...
thank you again..
have an awesome weekend -Cheers!
  • #6,082
  • Apr 4, 2014 4:30pm Apr 4, 2014 4:30pm
Quoting waleed.khan
{quote} thanks CT! This is a grt thread....Hopefully we all can gain from this... I'm going to sign up for the signals... thank you again.. have an awesome weekend -Cheers!
p.s Have you considered twitter for the signals?
  • #6,083
  • Apr 4, 2014 4:31pm Apr 4, 2014 4:31pm
Quoting ClockTrader
{quote} 1:1 one short against each long of equal weight, net position: NULL
Hedging is just like closing position...except thay psychologically it makes u feel better.However, you're essentially giving more spread for the broker Having said that, I like to hedge too..
  • #6,084
  • Apr 4, 2014 4:34pm Apr 4, 2014 4:34pm
Quoting Polaris4dy
{quote} Hedging is just like closing position...except thay psychologically it makes u feel better.However, you're essentially giving more spread for the broker Having said that, I like to hedge too..
I agree.."hedging' is an ego thing...Its about not being wrong! I used to do that alot... Havn't done it lately!

ciao
  • #6,085
  • Apr 4, 2014 4:47pm Apr 4, 2014 4:47pm
Quoting Polaris4dy
{quote} Hedging is just like closing position...except thay psychologically it makes u feel better.However, you're essentially giving more spread for the broker Having said that, I like to hedge too..
Yeah I wanted to do some calculations on hedging but then I realized its just doubling the spread. I will do them anyway to find out potential profits Sl TP etc. I guess if youre not trying to catchevery move, its a nice tool to minimalize profits.
i would surely like to see some numbers on the r-multiples :-) but ill do some tests on the historical data.

Thanksfor your answers
  • #6,086
  • Apr 4, 2014 4:50pm Apr 4, 2014 4:50pm
Quoting waleed.khan
{quote} I agree.."hedging' is an ego thing...Its about not being wrong! I used to do that alot... Havn't done it lately! ciao
Yes, and it can be dangerous if you forget to make sure the stop loss of one position is the same level as the take profit of the counter position...otherwise ur re exposing to market..One advantage of using hedging i can see is to help u separate trade due to different reason on the same instrument(maybe different time frame)...
  • #6,087
  • Apr 4, 2014 5:16pm Apr 4, 2014 5:16pm
Quoting Polaris4dy
{quote} Yes, and it can be dangerous if you forget to make sure the stop loss of one position is the same level as the take profit of the counter position...otherwise ur re exposing to market..One advantage of using hedging i can see is to help u separate trade due to different reason on the same instrument(maybe different time frame)...
Ofcourse... everyone has different ways.. i for one would never want to say short the daily but go long on the 15 min...the probability of those trades being successful is reduced.

I only trade the daily, 4hr and 1hr charts, and I only like to take direction based on the direction of the one higher time frame... That in a way is confluence. So for me using this strategy...hedging will not work as price action direction will be aligned for me on all the time frames.

have an awesome weekend...cheers!
  • #6,088
  • Apr 5, 2014 5:02am Apr 5, 2014 5:02am
Quoting waleed.khan
{quote} p.s Have you considered twitter for the signals?
I would be happy to send signals in any way you fellas feel like, however, right now I wish to send these in a protected manner only (not in public). The reason is I believe these are going to be great and why should I share it with the anyone who is not interested? These carry value. No non-sense stuff.

Only the ones who are keen should get these.
Hello World!
  • #6,089
  • Apr 5, 2014 6:27am Apr 5, 2014 6:27am
I just chalked out some conditions and wrote an idea of the whole concept, here it is:

http://www.goldguru.in/blog/forex-si...-gold-signals/
Hello World!
  • #6,090
  • Apr 5, 2014 6:55am Apr 5, 2014 6:55am
Quoting ClockTrader
I just chalked out some conditions and wrote an idea of the whole concept, here it is: http://www.goldguru.in/blog/forex-si...-gold-signals/
CT, what leverage should we choose? (I have gone for 1:500)
  • #6,091
  • Apr 5, 2014 7:01am Apr 5, 2014 7:01am
Quoting samalmoore
{quote} CT, what leverage should we choose? (I have gone for 1:500)
Gosh!!!

dude, we are not to gamble here. I just updated the Free Forex Signal Page.

make it 1:50
Hello World!
  • #6,092
  • Apr 5, 2014 7:32am Apr 5, 2014 7:32am

Quoting ClockTrader
I just chalked out some conditions and wrote an idea of the whole concept, here it is: http://www.goldguru.in/blog/forex-si...-gold-signals/


Hi CT,


If you're about to post Money Management rules later, ignore the rest of my message.


Otherwise,


You talk about strick Money Management, I wanted to ask, is there any specific rules you would like us to follow? For example maximum % of the balance to be invested into each signal you provide?

  • #6,093
  • Apr 5, 2014 7:43am Apr 5, 2014 7:43am
Quoting Monkeybuss
{quote} Hi CT, If you're about to post Money Management rules later, ignore the rest of my message. Otherwise, You talk about strick Money Management, I wanted to ask, is there any specific rules you would like us to follow? For example maximum % of the balance to be invested into each signal you provide?
Since, I have asked each subscriber to setup a 10K fresh demo account, I would also provide the weight (oz size) with each call. The call, the weight size, the equity/balance would need to remain in safe proportions. Please be informed that we won't be gambling but trading like wise fellas.

Normally, with a 10K account I would never ever ever ever ever ask you to initiate a position with more than 1 mini lot (10 oz) OR 0.1 standard lot to start with. In most cases it would be 5 oz to start with.

I might wanna warm in the beginning with 2 oz trades.

Remember, we got nothing to lose, but here to test run what I think is a great system.
Hello World!
  • #6,094
  • Apr 5, 2014 9:37am Apr 5, 2014 9:37am
With so much homework and preparation done I thought it would be cakewalk to setup the whole system, but, it seems I was quite wrong. First bummer has been hit. I sent an email to first 50 people who signed up to confirm that they have read the rules, but unfortunately the sent email appears to be landing in "Spam" folder. I have got confirmation from a few fellas though.

When you sign up, please confirm in the comment box that you have read rules on the below page:

http://www.goldguru.in/blog/forex-si...-gold-signals/

I sent the email from my Gmail and yet its kinda bad experience. FYI, the email was sent from:

www.goldguru.in at gmail.com (remove spaces & at = @)

Now I have begin to wonder how fast would the signal reach your email inbox, if it will? OR should we setup a backup communication method too?
Hello World!
  • #6,095
  • Apr 5, 2014 10:32am Apr 5, 2014 10:32am
yes CT, it is indeed in my SPAM folder... I've marked it as not SPAM, maybe we just see if the next email will go in there as well ..
  • #6,096
  • Apr 5, 2014 10:45am Apr 5, 2014 10:45am
Quoting ClockTrader
With so much homework and preparation done I thought it would be cakewalk to setup the whole system, but, it seems I was quite wrong. First bummer has been hit. I sent an email to first 50 people who signed up to confirm that they have read the rules, but unfortunately the sent email appears to be landing in "Spam" folder. I have got confirmation from a few fellas though. When you sign up, please confirm in the comment box that you have read rules on the below page: http://www.goldguru.in/blog/forex-si...-gold-signals/...
hi CT,

I have subscribed to your blog could please tell me how can i get the signals.\

thanks,

mrmalik
MRMALIK1
  • #6,097
  • Apr 5, 2014 11:05am Apr 5, 2014 11:05am
Quoting derict
yes CT, it is indeed in my SPAM folder... I've marked it as not SPAM, maybe we just see if the next email will go in there as well ..
I had sent a quick reply to your email, let me know where that landed from the same address.

Nevertheless, we need to have a backup system. All the efforts we are putting will get drained and all this would sound discouraging if I can't send signals.
Hello World!
  • #6,098
  • Apr 5, 2014 11:11am Apr 5, 2014 11:11am
Quoting mrmalik1
{quote} hi CT, I have subscribed to your blog could please tell me how can i get the signals.\ thanks, mrmalik
You should have received an email from me asking you to confirm that you have read & understood the rules.

Plz reply to that, check your "Spam" folder.
Hello World!
  • #6,099
  • Apr 5, 2014 11:21am Apr 5, 2014 11:21am
Quoting ClockTrader
{quote} You should have received an email from me asking you to confirm that you have read & understood the rules. Plz reply to that, check your "Spam" folder.
Surprise, it is in my Inbox...not spam folder..haha
Looking forward to receive your signal
  • #6,100
  • Apr 5, 2014 11:25am Apr 5, 2014 11:25am
Quoting Polaris4dy
{quote} Surprise, it is in my Inbox...not spam folder..haha Looking forward to receive your signal
yes mate, it may not necessarily land in 'spam' folder. Just replied ur email.
Hello World!
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