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Holygrail

I've been looking for the Holygrail in forex for the rest of my life. Recently I really found it.

"The real holygrail in forex is to understand there is no holygrail."

That's it. The one who are able to understand what's that mean will really find the holygrail.

- BlueDreamFx-


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Saturday, November 28, 2009

Optimizing Source Code


Concerning to my previous post about the forward test for the FullHouse EA, we found that this EA is profitable(so far) and trade safely without/less floating. And I've also repaired some weakness detected on this EA during the forward test.

But not so fast. I believe that market has a lot of variety conditions. Maybe thousand... or even billion candles formation.... who knows. I've tried my best to identify and to classify some of the patterns. Which one is for entry pattern... continuous... and indecision pattern of candles. Maybe I did mistake, and surely I'm not able to identify all cases, but at least my job is base on observation, basic knowledge and probabilities, not interfered by theories of candlestick.

And because of that, this EA will/may need some modification or enhancement in future. In order to do that, I've optimize the source code of the EA to make it easy to read and modify/maintenance in future. Currently, after some modification the version is 1.20.

Friday, November 27, 2009

Keep me in control

25 more pips for me (BUY EU and hit TP).

Don't be greedy . This is the basic rule to success in forex. Although the price can go up for further but I'm satisfy with 25 pips TP.

We don't know what will happen on the market in future. And moreover, the trading handled by robot(program) <--- which is a little bit dumb . I will try to make it enter and exit the market as early as it can.

By doing this way, I guess I can increase the probability to win the trade.

p/s: So far, pips gained by FullHouse EA for today is 25 pips GJ + 25 pips EU = 50 pips

25 pips while watcing Youtube

Today is Friday and Aid al-Adha day for Muslim all over the world. I wish to all Muslim Happy Hari Raya 'Aid al-Adha' Day.

I just went back from town. I opened my computer, surfed internet and watched video from Youtube. It's Criss Angle - Mindfreak show.

But First, I wasn't forget to open trading platform and activate the EA. Lets the EA do the job.

1 hour later I turned back to the trading platform... I found that the EA has already BUY GJ and hit TP. Simple job. Even mommy can do it. Who gonna pay you 25 pips without do anything


Let the BEAR run. No need to chase

I believe many traders gain a big profit for Thursday by SELL EJ, GJ, EU or GU. Congratulation for those who profit.

However, the FullHouse EA said... "Just let them(BEAR) run... Run far... far away from us. Run as far as it can. No need to chase them." So... for Thursday there is no trade.

This is one of the criteria of FullHouse EA. The EA will try to catch the entry point as early as it can... and it will never chase the market. If the point for entry is missed... then... it just let 'them' go.

This is because I am a 'probability' trader. Luckily FullHouse EA help me to control my emotion.

Thursday, November 26, 2009

No trade so far

Sorry folks...
I didn't open my trading platform on Monday and Tuesday because I have things to do.

On Wednesday I've activate the EA but there is no open trade. It must be some logical explanation. Let me check it manually...

On H4
EU - extremely strong Bullish as I can see from previous candle
GU - market as I can see from the current candle... don't have any decision to go where. Previous candle indicate strong Bearish.
EJ - Current candle is continuous pattern for BULL. Considered too late by EA. Previous candle is entry for BULL.
GJ - Indicate continuous pattern for BEAR
UJ - ....
EG - ....

My conclusion is the market movement was 'unstable' Too dangerous to enter any position

Ok. I must fair to anyone who read this blog. I didn't post the result for the last floating GJ last week. So here there is



It still profit.
 
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