To use chat, please login.
Back to contacts

Pro Trading By MetaCoder

MetaCoder
Dec 08 2011 at 17:20
126 posts
On this thread I would share my market analysis and trades with ya'll
My recommended Broker
MetaCoder
Dec 08 2011 at 17:21
126 posts
My Trades for today. I would be posting my Next trades recommendation probably within 3-4 hours from Now. Stops on all my trades is 11pips.


Now new Traders can watch and learn.











Attachments:

My recommended Broker
MetaCoder
Dec 08 2011 at 21:55
126 posts
The Bollinger band is a very powerful indicator if used properly. Question is can you use this powerful indicator to make mind blowing profits from forex like I do on a daily basis?

In my next post I'll demostrate how you can spot price reversal patterns effectively.
My recommended Broker
Steve Walker
walker36
Dec 08 2011 at 22:10
1341 posts
MetaCoder
Dec 09 2011 at 08:38
126 posts
How to Spot a Bullish Reversal:

- Wait for price to touch lower Bollinger band + make new low on Bar.

- Candle must be a Bull at close ie Candle must close above its Open

- Candle Close must be below 18 Moving average

***Go long on next Bar

- Place stop at low of previous Bar

- Target is the difference b/w open and close of the previous Bar






Attachments:

My recommended Broker
MetaCoder
Dec 09 2011 at 08:39
126 posts
Now Open up your chart and Try to spot as many Bullish reversals as you can.


*****TimeFrame is 5 Mins
My recommended Broker
MetaCoder
Dec 09 2011 at 18:17
126 posts
Do you know that Four consecutive Bull Candles might be a sign of an Upward trend?






Attachments:

My recommended Broker
MetaCoder
Dec 10 2011 at 09:20
126 posts
Four consecutive bears might be signs of a Downward Trend as well.






Attachments:

My recommended Broker
MetaCoder
Dec 10 2011 at 09:21
126 posts
In Summary, The 4 consecutive Bar method is very useful for trend direction confirmation especially for those Traders who look to ride trends.

See below Images








****Questions and comments are welcomed.

Attachments:

My recommended Broker
amag80
Dec 10 2011 at 12:45
13 posts
hi,

do you own a EA ?
MetaCoder
Dec 11 2011 at 09:54
126 posts

   amag80 posted:
   hi,

do you own a EA ?

 I own several EAs
My recommended Broker
MetaCoder
Dec 13 2011 at 14:37
126 posts
Money Management is the only Secret There is in the Forex Market ...
My recommended Broker
MetaCoder
Dec 16 2011 at 20:27
126 posts
There is no such thing as a 'Bad Market', IMO only thing There is are 'Bad Strategies', cos while you struggle to make little profits in a period you think as Bad, Someone Somewhere makes it big.

Secret is the Technique/Strategy applied.




**Your Techniques/Strategies should change when the market appears to be going out of sync and your system turns obsolete. Of course this might require some little experience and hardwork.


Simply Put 'Dynamism is the Key to Making it Big and Lasting a Long while at the same time'


My week was fantastic, hope it was for ya'll as well .... Cheers everyone.
  
My recommended Broker
fatah_hensem_ygbaik (popcorn11)
Dec 19 2011 at 17:12
14 posts
nice rules..with bands ...
a dumb man is more dangerous than a hundred rats
fatah_hensem_ygbaik (popcorn11)
Dec 19 2011 at 17:17
14 posts
nice rules..with bands


Attachments:

a dumb man is more dangerous than a hundred rats
Steve Walker
walker36
Dec 20 2011 at 12:04
1341 posts
seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?


   MetaCoder posted:
   

   amag80 posted:
   hi,

do you own a EA ?

 I own several EAs
MetaCoder
Dec 20 2011 at 16:46
126 posts
Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader


   walker36 posted:
   seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?


   MetaCoder posted:
   

   amag80 posted:
   hi,

do you own a EA ?

 I own several EAs
My recommended Broker
Steve Walker
walker36
Dec 20 2011 at 17:11
1341 posts
java is faster agree. but I have asked if you have any EA coded and BT ed with eg BB system? I am not asking to get a copy if you have. just asking if you have a Past performance test results.


   MetaCoder posted:
   Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader


   walker36 posted:
   seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?


   MetaCoder posted:
   

   amag80 posted:
   hi,

do you own a EA ?

 I own several EAs
MetaCoder
Dec 20 2011 at 17:32
126 posts
Yes, the Bollinger band system along with my numerous other strategies have been coded and backtested as well



   walker36 posted:
   java is faster agree. but I have asked if you have any EA coded and BT ed with eg BB system? I am not asking to get a copy if you have. just asking if you have a Past performance test results.


   MetaCoder posted:
   Your pretty much correct. I however manage a greater pool of my funds over Java platforms, they are much more faster than MetaTrader


   walker36 posted:
   seems you are a coder and have some systems that works for you. did you code any of them and see how the BT results?


   MetaCoder posted:
   

   amag80 posted:
   hi,

do you own a EA ?

 I own several EAs
My recommended Broker
MetaCoder
Dec 20 2011 at 18:03
126 posts

   popcorn11 posted:
   nice rules..with bands




Am glad you like it. There are more Bollinger band systems I can think of.
My recommended Broker
Please login to comment .