Iceberg System PAMM (By forex_trader_91886)

The user has deleted this system.

Iceberg System PAMM Discussion

Nov 14, 2013 at 19:06
1,547 Views
44 Replies
forex_trader_136673
Member Since Jun 28, 2013   852 posts
Dec 06, 2013 at 12:11
No it is manual. I do it more for fun :) but Ive been profitabile for five years.

EURGBP is still bearish, but i fear 0.8393 can give away. So far is holding.

Currently at work, but I will show my gold chart when I get home. About 8 hours from now.

Expect resistance 1238-1243 and to turn lower. You can short there with 1252 stop and 1178 target. Good risk/reward.
iceberg12
forex_trader_91886
Member Since Sep 18, 2012   150 posts
Dec 06, 2013 at 14:01
ahuruglica posted:
Lol, good to see big banks getting stopped :) Thanks.

Actually today I was profitable, my short entries on EURGBP was triggered, and I'm not feeling comfortable about that. Stop 0.8393.


We have very similar views, but mine more complicated. Big resistance lies between 1.52257 and 1.52791. So you have good chances for it to get trigger. Didn't get what was the second sell order, but don't make it higher than my chart. Fib. extensions can do wonders sometime. Don't use too much leverage, then built up the position as it goes downside. Also positive swaps.

I'm keeping an eye on it too. Normally I don't short on such a rally until it shows a clear 5 wave decline (1 to 5 min chart) after rejection from that area.

Mr. Dolcy, I beg you pardon we are commenting on you strategy.

What about it?
iceberg12
forex_trader_91886
Member Since Sep 18, 2012   150 posts
Dec 08, 2013 at 07:11
I still keep my current system...........unfortunately the 3 month optimzation phase has brought us into a considerable drawdown of 35% but the data collected will be used to move forward both with current system and other projects under development......We keep working hard and to stay focus is key.
iceberg12
forex_trader_91886
Member Since Sep 18, 2012   150 posts
Dec 11, 2013 at 18:16
Back to the drawing board for me.............I keep working on other projects under development.
iceberg12
forex_trader_91886
Member Since Sep 18, 2012   150 posts
Jan 23, 2014 at 07:50
The currently traded trio seems to be handling the market better than I expected.......I have not lost hope on the original system..........Just busy babysitting the other algos. I got stick for deleting the system but that was expecting........Anyway still at it........Thanks everyone for your support + motivation
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