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Profit Empire Robot
på
Trading System
Apr 18, 2014 at 21:09
Hi Ricki. This is a boring trading month for sure, it could be better. One thing you have to know is that the price is now for a while under the pivot line @ 1.3830 this means price won't heading up yet. And if you look at the last pictures there is a channel where the price is moving in + this day the price has moved almost not the more 4h stoch is building in our favor the more the change is the price can hit down fast to lower lows because of the more right position in the channel. If someone has better thought hesitate to comment. But on your comment, yes i hope that PER will take bett...
Profit Empire Robot
på
Trading System
Apr 18, 2014 at 12:46
Tomorrow is forex closed remember that PER. Good Friday .......Nice elliotware pictuce, hope we we will see it as these you represented. I have also do some research on the charts and hope to to see these movements coming days, if this happens everything will completed well :)
Profit Empire Robot
på
Trading System
Apr 16, 2014 at 21:14
The thing i do not understand with the PER system is why not enter trades @ 4h/daily/montly resitance if you go short if it is a good postion in combination with fib levels and chart. They seem to have they have a good system that will profit most of the times, only sometimes large DD. In my opinion if you implement these things you can decrease you DD massive! If you do not agree it is OK! Hopefully close @ targets and move on on better trades in the future.
Profit Empire Robot
på
Trading System
Apr 16, 2014 at 21:13
hmmm resistance (resistance is @1.37387), i mean support lo!
Profit Empire Robot
på
Trading System
Apr 16, 2014 at 21:13
Uptrend is bullish but we closing today below the daily resistance @1.38311, next daily resistance is @1.37387 and montly @1.37098. I see that the 4h candle is closing below fib 38.2 now, it is waiting for a breakout below the 50.0 fib, if this happens then targets will hit for sure. Hope for faster action to the downside, last days its is a little ranging :/
Profit Empire Robot
på
Trading System
Apr 14, 2014 at 21:35
Hmmm it seems to have support arround @1.3820. If you studied the similarity in the forex market it can go to arround 1.3720/1.3710. I am continu follow the price action because sometimes it will not hit these targets but most of the times it will. I really hope it will comes to these levels before it goes back to 1.3990 and later above. If this happens that would give us some breath and say yes we hit it!
Profit Empire Robot
på
Trading System
Apr 13, 2014 at 07:01
The current DD is high yes it can be better, defenitly last sell trades in such a stong upward move, was better to wait till weakning of the uptrend like last friday. But i do not think PER is opening multiple sell positions if he is not sure PER's targets will hit shortly. I will also not risk 50% of my account, i do not think PER also, look at his account balance +100K, it is not logic he will risk 50% of his total balance either if he is not sure don't you think guys? that would be fullish. PER delivered only positive pips every month for many months, that means you can trade. Hopef...
Profit Empire Robot
på
Trading System
Apr 10, 2014 at 21:04
You can see the myfxbook from PER 50% is till now the max. You can set max DD in the EA, if this hit it will not open new positions till open orders are closed. Hope this helps.
Profit Empire Robot
på
Trading System
Apr 10, 2014 at 19:05
It would be nice to see it going down from now from daily resistance, also divergence on 1hour chart. Did not thought it would be a big drawdown like this :/ had open positions myself what bluw some of my positions oughhh! If all trades will profit @ 1.3740 then my losses are covered. Have to be carefull not to have also own trades. Hopefully future trades are better less DD. Good luck everyone!
TRORA
på
Trading System
Feb 01, 2014 at 09:49
btw sorry for my bad english, it is not my mother language, but i think you know what i'm trying to say and to ask :)
TRORA
på
Trading System
Feb 01, 2014 at 09:49
the only thing i am not comfotable with is the broker that is used by this trader. Many well know brokers have many reviews where traders have a good feeling that there money is safe there even when they do get big profits and withdrawl without troubles. An good broker doesn't scam there clients because it is not neccesary because the earn on your spreads so there is no reason to scam you it is bussiness for them too. Most brokers are fair, but there are some scam brokers that manipulate prices to hit stoplosses from clients or even worse when the have a specific captital of traders accoun...
TRORA
på
Trading System
Jan 31, 2014 at 23:35
pipsquick, if you look at his trades he take buys and sells in some conditions to prevent to get a very big drawdown or even worse to blow your account. When you have at a specific postion some underwater positions it is wise to also look at oppertunitys at the oppeside direction to protect the captical when a big spike comes. So at the monthly gain and a 40% max drawdown is really good. And if you have a big drawdown an think the trader is at the loosing side and you know the price is going to the other direction you can also put own trades to go away of trades positon prices. So nothing to c...
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