ravenlok's Posts - Page 3

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 17:34

the E/U seems to be channelling...if it is, it may be up again to channel top. dunno about G/U, it'll need to break swing low for today... my humble view...Thanks for sharing Julian, Fughe :)

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 13:28

How you guys feel about diversifying more pairs with TEA?Would it become more complicated to monitor if more pairs start to trend too much?I'm thinking of diversifying but if Tom's actually did missed out on manually closing the G/U ### like the ones he might have done for E/U ###, then maybe we'll need to consider more about this issue

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 12:17

Open Date Close date Symbol Action Lots SL TP Open Price Close Price Pips Profit (USD) Duration Change 10.07.2011 07:31 10.18.2011 10:30 USDCAD Buy 0.21 - 1.02531 1.03806 1.02531 -127.5 -270.46 11d -1.52% ^To give a little perspective, if if helps, $270 is the worst closed trade in trade history.Open Date Close date Symbol Action Lots SL TP Open Price Close Price Pips Profit (USD) Duration Change 08.26.2011 17:44 08.26.2011 18:48 GBPUSD Buy ...

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 12:07

Chrissav, What's your portfolio & RL like?

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 11:49

the way it seems like it's manually closed for E/U pair. taken from Tom's closed history for E/U whooper, below- look at the times.This EA should work as it should below... but most of you didn't get it closed like this for your E/U positions. The EA must have missed it, unlike Tom - manage to spot it & closed it, i think...not confirmed tho'- didn't ask. v01.13.2012 17:16 01.30.2012 18:43 EURUSD Sell 0.05 - 1.26180 1.26493 1.30814 -432.1 -221.62 17d -0.81% 01.19.2012 20:18 01.30.2012 18:43 EURUSD Sell 0.05...

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 11:40

this account didn't close G/U...just as big... man... too correlated...need to retrace for this too

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 11:31

Best stay safely within the gudelines, if it works in our favour. No hurry- this should be our mantra...

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 11:17

hope we got a *confirmed* x2 top...If the EA didn't basket close the E/U, maybe it's a good idea to do it manually. ### DO work it like Tom's example tho' ### The more i think about it, i see no bad side to thisi see a big channel forming...if it works right...

Tom'sEa WPFX LIVE in Trading Systems Jan 31, 2012 at 10:16

Seems to be manually closed- look at the times for each closed E/U trade, tradency should also reflect accordingly...or he assumed it should mirror but it didn't... (then again, if it mirror Tom's non-tradency a/c, it should have E/J & A/NZ, so... case closed)seeing a fake-out for E/U. If the EA works as it should, soon should be the time to initiate closure like for Tom's account earlier...TradingShed>>> I'm thinking even if you deactivate, if it send the pending order before that, it'll still remain in the broker's server.Maybe next time we see a big retr...

Tom'sEa WPFX LIVE in Trading Systems Jan 28, 2012 at 06:02

yeah it would be best to have a setting for start at 0.01 per pair at whatever account size for such system... totally forgot abt the risk of martingale... a million is good; getting free needs only a stable income :)

Tom'sEa WPFX LIVE in Trading Systems Jan 28, 2012 at 05:34

oh..... need fughe + RV for me to get it, lol

Tom'sEa WPFX LIVE in Trading Systems Jan 28, 2012 at 05:18

so for now, @ RL1/pair, current EA will only initiate @ 0.01 if a/c size <20k,which means that 10x10k account will need 10 different pairs @ RL 1; *** got to mind MAX RL@8 *** so 8 diff. pairs only.got to split that a/c before it double though...for your risk mgmt style... yes, having that lower-setting switch to the EA would give more cushion during a ddMaybe a setting to adjust it higher >>> instead of 10k+0.01 to 100k+0.01...Wonder if the EA calculates "wrongly" if one add more $ into the same account& it assumes they're from profits made...and set the lot-siz...

Tom'sEa WPFX LIVE in Trading Systems Jan 28, 2012 at 01:14

Could split into 2/more accounts, so you'll have a small starting lot-size, for now... 50k on RL1- should be it- to get a 0.05 start; if i understood right...If I understood correctly, www.forexcopier.com should be able to allow us to set %R to our comfort level. the only issue maybe how to get it right between TEA's RL, %R and 0.01 lot. i'm not a techie, would it be a big issue to normalise them?fx-copier is the trade copier that I mentioned in my earlier posting ... also less on hassle to find the right vps for us & still use the monthly amount saved for other stuff. This wou...

Tom'sEa WPFX LIVE in Trading Systems Jan 27, 2012 at 23:26

Glad we have this live system's records on myfxbook... so the actual proof speaks for itself, and more would survive and progress towards the path of doing what we love, step by step.... the main issue for the start is to get the systems set-up like TEA's live account. Once that's all figured out, we pretty much need to just let TEA do the thing it does best, and check back this place often enough.There on, we would spend less on crappy stuff that fakes others out and still able to be a decent person on mother earth :)

Tom'sEa WPFX LIVE in Trading Systems Jan 27, 2012 at 13:11

so much better if TEA is ran on trade-copier... less on hassle to find the right vps for us & still use the monthly amount saved for other stuff. This would also allow us to close all trades or a particular fx-pair by employing a script on our end of the mt4 platform...I've emailed this info to the vendor. no news yet :)

Tom'sEa WPFX LIVE in Trading Systems Jan 27, 2012 at 12:21

Glad to see this :)I suppose those % are the dd for RL employed for each pair? how long a time-frame is it ran to? is the length of test to max absolute dd seen?I'm not a systems guy... just curious :)Good to know how much leeway we could go based on TEA's max recommended RL of 8 :)

Tom'sEa WPFX LIVE in Trading Systems Jan 27, 2012 at 10:55

hmmm, if we don't let it played out as it is; i.e. it would be reacting outside the recommended best practices.Yeah...worst case, Tom's account bites the dust like the rest of us. If we aren't comfortable with E/U with regards to its volatility since the broadcast of this EA, then just got to get used to it or we'll be acting more & sweat more...maybe having that dd-limiter is working against oneself...psychologically...too.I'm thinking it's best to reduce risk to a restful-sleep level would be the best solution.Maybe because I've not gone live yet so I don'...

Tom'sEa WPFX LIVE in Trading Systems Jan 26, 2012 at 01:53

To clarify, that's the only 3 brokers that tradency's willing to link-up to Tom's EA. That's should be confirmation- no reply from tradency since 2 days ago when I emailed them to see if it's a misunderstanding as Tom's EA is now refered to an profit agent under tradency (demo a/c @ wpfx).Those using vps with any broker they selected for this EA; i.e non-tradency, i believe the concern lies more with the vps, not the broker. i'm considering on thinkforex (max. leverage 1:200) for Tom's EA- free vps (with min. starting equity of 5k but need to trade min. of 4 std...

Tom'sEa WPFX LIVE in Trading Systems Jan 24, 2012 at 23:35

yes. for those yet to get a tradency account & would like to use it for Tom's EA; tradency shall only link your MT4 from any of the above 3 brokers.

Tom'sEa WPFX LIVE in Trading Systems Jan 24, 2012 at 10:57

Just been informed that TRADENCY would NOT be doing a link-up to Tom's EA (= profit agent) with other brokers ANYMORE. FXCM, FXDD & WPFX link-up still ok. .................................................................cc-ed to TRADENCY of the link-up... then tradency informed my broker's rep. to get me to get vendor to liaise on the link-up. Then vendor replied back that the deal is over. I wonder why...........7th Nov 2010 till now, zero trading activity on Tom's EA as I took too much time to get the right broker after opening quite a few accounts with different brokers and ...

All Quotes
AUDUSD	0.65155	USDCHF	0.91231
EURJPY	166.957	EURCHF	0.97873
EURGBP	0.85732	GBPJPY	194.723
EURUSD	1.07277	GBPUSD	1.25121
USDJPY	155.629	USDCAD	1.36631

EURUSD	1.07277	GBPUSD	1.25121
USDJPY	155.629	USDCAD	1.36631

Posts by ravenlok