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Free Trade Copy without Broker Limitation (By BrianHarris96)

Прибыль : +1460.63%
Просадка 80.70%
Пипс: 17490.4
Сделки 3386
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Тип: Реальный
Кредитное плечо: 1:500
Трейдинг: Вручную

Free Trade Copy without Broker Limitation Обсуждение

BrianHarris96
May 26 at 13:45
190 комментариев
The euro took out resistance yesterday but with little fanfare, and if anything we were abetter seller on the day. With very little retrace though the currency still performs ok. ECB doves have come out of the woodwork in the last 24 hours, Vileroy yesterday andPannetta this morning, emphasising the unwelcome tightening in monetary conditionsand the ECB is at least as patient as the Fed, if not more. Potentially the doves arefeeling some heat from the hawks behind the scenes and feel the need to come outpublically at this point? In any cast the market seems a little desensitised from centralbank rhetoric, Clarida also highlighted the Fed would be in a position to discusstapering in the upcoming meetings had little reaction. So whilst the euro is gently goingup at this point, maybe the push and pull factors here going into June will keep movesreasonably sanguine, hence my reluctance to add meaningfully to euro positioning atthis point. The ECB and Fed clearly don’t want to be the first cabs off the rank (clearlythe RBNZ don’t mind!) so await more meaningful information from the macro events inthe first two weeks of June for more clarity. Through yesterday’s highs next targetwould be 1.2350 the high from Jan, back below 1.2220 in the very short term wouldconcern the market and 1.2150/70 is more meaningful support now.

BrianHarris96
Jun 01 at 08:10
190 комментариев
At present, the G10 FX PIX 2.0 signals that positioning is close to the medium-term average for all currencies in the G10 space. Subsequently, we have not entered any new trades this week.

Приложения:


BrianHarris96
Jun 03 at 08:37
190 комментариев
Broader risk sentiment still appears to be fairly neutral as market participants await Friday’s US NFP report. The USD continues to see a slight bias as market participants reduce risk with EURUSD flirting with 1.22 and the Antipodeans heading towards yesterday’s lows.
Looking ahead, ADP may get more attention than usual though it’s correlation with NFP has broken down. For this morning, we have final Markit PMI prints for Europe, which are not expected to change significantly from the preliminary prints. We also have an all important inflation print for TRY. Local markets will be closed in THB, PLN, UGX, and BRL for holidays.

BrianHarris96
Jun 04 at 07:08
190 комментариев
No surprises that it was a muted session overnight, with tight ranges going into the ubiquitous NFP. We expect this trend to continue throughout Europe, with choppiness from any last minute positioning going into the event. We sees asymmetric risks with a larger reaction on a miss. EURUSD, USDJPY, USDCNH are some of the pairs that are trading at very interesting levels.
While NFP is going to be the main event, we highlight that CAD could face pressure given double payrolls risk. It’s also worth flagging that Economics is below consensus for the EUR retail sales print this morning. PEN is likely to trade to its own tune going into Sunday’s presidential elections but MXN should be more vulnerable to broader USD price action. INR saw unchanged rates overnight.

Martin_55
Jun 07 at 17:16
16 комментариев
BrianHarris96 posted:
mattslater posted:
I prefer manual systems too, it kind of gives me better control of my system. Anyway, your manual system looks great too.


Thanks mate.
100% agree with you.
Except some scams, Until now, I did not see any fully automated system could work well alone in a long term horizon.
Have a nice day,


Had a look at your systems now. Looks like a great job indeed... Is it a manual trading system based on your judgement and, I guess, your work alone?

BrianHarris96
Jun 08 at 14:31
190 комментариев
@Martin_55
Hi Martin,

Many thanks for your good comments.

The system is based on both technical and fundamental views.
Technical views is based on Tendency Forex System, which was created in eSignal Charting System with JavaScript in 2016. Its brief introduction was published in Market Technician, Issue 90. You could directly download it via the homepage of 'Society of Technical Analysts' ( STA-UK ).
Fundamental views is based on in depth analysis by our team combined with analysis from several major banks.

Fundamental views need to be verified by technical views, otherwise the fundamental view maybe wrong.
Technical views need to be supported by fundamental analysis, otherwise it maybe a false signal or the trend may not develop very well.
When they have the same direction, we may have a potential high convinced trading opportunity;If not, we may have to be cautious.
This is our key trading logic.

All in all, in this system, all the orders are placed manually, but it is far beyond manual judgement only.

Hope this could help,

Thanks,
All the best,

Martin_55
Jun 09 at 14:26
16 комментариев
BrianHarris96 posted:
@Martin_55
Hi Martin,

Many thanks for your good comments.

The system is based on both technical and fundamental views.
Technical views is based on Tendency Forex System, which was created in eSignal Charting System with JavaScript in 2016. Its brief introduction was published in Market Technician, Issue 90. You could directly download it via the homepage of 'Society of Technical Analysts' ( STA-UK ).
Fundamental views is based on in depth analysis by our team combined with analysis from several major banks.

Fundamental views need to be verified by technical views, otherwise the fundamental view maybe wrong.
Technical views need to be supported by fundamental analysis, otherwise it maybe a false signal or the trend may not develop very well.
When they have the same direction, we may have a potential high convinced trading opportunity;If not, we may have to be cautious.
This is our key trading logic.

All in all, in this system, all the orders are placed manually, but it is far beyond manual judgement only.

Hope this could help,

Thanks,
All the best,


Hi, this article of yours in STA Journal is impressive, a lot of information. But I have to ask:
if you are such an expert, then why don't you transform your TendencyForex System into a 100% fully automated EA? That's what many look for - an actual EA that works over and over...

BrianHarris96
Jun 10 at 05:43
190 комментариев
Hi Martin,

Thanks so much for reading our article. Market Technician was published since 1968, for now only has 90 volumes. It's one of the most professional Forex Journals around the world, we must fully cherish the opportunity to well express our core views in the 2000 words' article.

From a technical perspective, Tendency Forex System was coded in JavaScript, it's much more advanced than MQL language, so the key logic could not be fully translated into MT4 EA.
In addition, there is a volume based indicator in Tendency Forex System, the volume in MT4 terminal comes from the Broker Server and/or the Liquidity Provider ( LP ) . Moreover, in most cases, retail traders' position is on the opposite side of professional traders. The result of the volume based indicator may be distorted in MT4 ternimal.
Therefore, Tendency Forex System could not be translated into MT4/5 EA.

In addition, There are some general and important limitations for most EAs:
1. EA is based on a combination of Indicators.
2. Indicators are based on price and volume.
3. MT4 Price is from Liquidity provider, not accurate.
If you set up the same indicator in the same pair but in different Brokers & CQG & eSignal charting system, the result may not the same, especially on lower timeframes.
4. Volume is from broker server and/or Liquidity Provider, in most cases, retail traders' volume is on the opposite of professional traders.
5. No reliable historical data for backtesting. I think even the best MT4 Tickdata is hard to 100% simulate the real trading conditions.
6. Too much over-optimization. This is a key issue for most EAs, cause their key logic could not work well, programmers have to adjust the parameters of the indicators to suit the historical data, which lead to excellent backtesting result and distorted performance in live trading.

Trading is much more than an EA. How to combine the technical and fundamental views together is the key to success.

If EA is as powerful as imagined, I think perhaps some major banks, such as Goldman Sacks, CreditSuisse, Commerzbank, would lay off all the technical analysts and economists and focused on EA coding only :)

However, MT4/5 is the most popular retail trading platform. We believe it is one of the best trading platform. Although we do not use it for major investment, it does very conveniently to trading.

Hope this could help,

Thanks,
All the best,

Martin_55
Jun 15 at 14:29
16 комментариев
Brian, I appreciate input but …Fundamental Analysis? More like guessing game to me.

I won't comment on your system as I do not have enough fundamental knowledge, however I do see tangible results. Most profiles I look are either demo or unverified real accounts and with no balance, which is ridiculous and a waste of time for me.

Several times I tried online tutors in the past 3 years, I just wasted money on them and seemed to me all their work looked like coin flip on buy-sell in the end. Even if it was one on one coaching.

Anyway I will have a further look at your results further. At least its verified real balance, something to look at...

BrianHarris96
Jun 17 at 16:20
190 комментариев
@Martin_55
Hi Martin,

Many thanks for your positive feedback.

The market is tricky around FOMC, being active traders, we must concentrate on the market firstly and apologize a lot for the delay.

1. Fundamental analysis based more on Economics knowledge. We have a key rule: 'Never try to directly trade against Central Banks'. From this perspective, you could try to read and analyze the Economic data. In addition, Fundamental views and/or models from some Major Banks are good references to us, such as Goldman Sachs, CreditSuisse, CommerzBank, Citi, BNP Paribas... Every trading day, we read and absorb as much as we can. However, we could not directly copy their views. We must think independently to get a basic view, if our views are supported by some major banks, then it may be a highly convinced idea; if not, we'll re-check it and perhaps further observation and consideration are needed.

Therefore, Fundamental analysis is completely different from guess work :)

2. We noticed there is a lot of signal providers' site shut down and numerous online coach site are more and more active during the past 5-6 years. Perhaps the reason is quite simple: 'coaches' do not need a 3rd party verified trading performance.

If you still want to follow a coach, we suggest you ask him two questions before making the payment:
①If what you taught is very useful and/or your trading system is quite profitable, why do you abandon trading yourself and spend so much time teaching other traders?
②Do you have 3rd party verified live account, even $100 balance, which could verify your trading logic?

Based on his answer, you could make further judgment.

3. However, in case you do want to learn something to prepare for the next stage in your financial career, we highly recommend you to visit the site of 'Society of Technical Analysts'. Their training/learning course is the best in the world. Some great professional traders, such as Karen Jones, Alel Rudolph ( CommerzBank ) are all active members of STA.

Hope this could help,
All the best,

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