EURUSD (by PeterFM) Quick Stats
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EURUSD Discussion
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petersurrey

Member Since Oct 03, 2009  18 posts petersurrey Oct 03 2009 at 12:42
Appears to be a great system with excellent average win to losing trade ratio. Without seeing the value of open trade positions this can only be an assumption at this stage.

PeterFM

Member Since Sep 05, 2009  90 posts PeterFM Oct 03 2009 at 12:48
I'm only carrying -3% in open trades atm - so well within my normal risk profile. If I change my bullish take on this pair I'll be out before it gets to 5%.

Thanks for your comments.

All I need is Support and Resistance
ampan

Member Since Oct 04, 2009  1 posts ampan Oct 04 2009 at 20:23
It seems very good. Will you share or sell your system?

PeterFM

Member Since Sep 05, 2009  90 posts PeterFM Oct 04 2009 at 22:39

ampan posted:
    It seems very good. Will you share or sell your system?
There is no system. All I use is support & resistance and trade with the trend as I read it. I have posted the accounts as the site gives me a deeper look at my stuff than I can do myself (doh) and I have nothing to sell.

I will look for certain price action/bar formations but that isn't a necessary key to making an entry.

All I need is Support and Resistance
stephanusR

Member Since Aug 20, 2009  216 posts Stephanus Rensburg (stephanusR) Oct 07 2009 at 08:51 (edited Oct 07 2009 at 09:42 )
Removed by Staff.

karlhaines

Member Since Sep 24, 2009  8 posts karlhaines Oct 09 2009 at 06:30
Nice job! Impressive stats! May I ask why you are so partial to longs?

Don't be a gambler.
PeterFM

Member Since Sep 05, 2009  90 posts PeterFM Oct 10 2009 at 20:47 (edited Oct 10 2009 at 20:57 )
stephanusR posted:
    It seems you have impressive results, looking at your win/loss ration. The problem is nothing can be verified. You can keep your positions and history private but not your broker. These types claims making 200% , 1000% with no data given, should be flagged so that these gainers can be hosted on a separate page.
Do you know, I've only just spotted this message and I'm pissed off. I don't give a shit what you think about my stats because they are posted here for my edification as a quick way of analysing what I'm doing, live and demo.

I trade as a second income, not to drum up business by selling anything that I do. I have no interest in selling signals and if anyone wants an explanation of how I trade then I'll screenshare for free on Skype.

If it's so important to know who my broker on the live account is I'll publish it, it's IBFX as if it's of any concern of yours. I don't post open trades or pending orders simply because I don't believe in supplying signals just in case someone thinks I have found the 'Holy Grail' and tries to trade with me. I'm a discretionary trader, not mechanical, so I rely on 4+ years of experience to tell me when I'm right or wrong. Most new traders would lose money trying to do what I do and the size of my stops would scare the pants off most of them.

So go away and find fault with someone who is trying to make a profit from gullible newbies and leave me in peace.

All I need is Support and Resistance
PeterFM

Member Since Sep 05, 2009  90 posts PeterFM Oct 10 2009 at 20:52

karlhaines posted:
    Nice job! Impressive stats! May I ask why you are so partial to longs?
Simple. I only trade with the main trend as I see it on the Daily/Weekly charts. I find it hard to counter-trend trade, which I admit is a weakness, and the reason for the 2nd demo account is to find a way of doing this which is as profitable for me as my current methodology.

I will short if the chart is unambiguous, such as the USDCAD, but I have found that concentrating on one pair (in the live account) allows me to develop a feel for how that pair moves.

All I need is Support and Resistance
stephanusR

Member Since Aug 20, 2009  216 posts Stephanus Rensburg (stephanusR) Oct 11 2009 at 08:02
Removed by Staff.

PeterFM

Member Since Sep 05, 2009  90 posts PeterFM Oct 11 2009 at 08:59
stephanusR posted: We don't know because we don't know what the deposit/equity ratio is . But as any broker will tell you a portfolio must always reflect the real-time performance which means factoring in the open trades running at a loss.
I've asked you to butt out of my area as your comments are not relative to my reasons for being here. It seems you haven't read my earlier response and it's unfortunate that this site has no 'ignore poster' feature as I would like to find some way of banning you from posting your repetitive ramblings.

I'm sure you're right, in the context of those peddling their systems to the more gullible out there, but you are not when trying to prove that I am some sort of snake-oil salesman.

Please carry on your campaign elsewhere and stop posting your annoying whines in my area. Thank you.

All I need is Support and Resistance
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