Daily Signals For 5 Majors - Page 9

email · 25-03-2005, 15:08

Hello Gents,

On a serious note this time; Earnest, with all due respect I really have to agree with bernfiedd that a 900 pip drawdown is very high, even on an a $100,000 account $10,000 to 12,000 is not pocket change.
Just keep tiring I guess, it seems it will take you about six months to show some good gains to get the gang to trust your system again.
Cheers

forex777 · 25-03-2005, 20:30

Quote:

Originally Posted by email

Hey Forex777,

Tell me which Mcdonalds you work at, so I can come by the drive through in my Rolls Royce and say hi.
Cheers,
email

How do you keep that 35 year old car still runnning? Because if you are using the system depticted in this forum, you surely have no money.

Leave me an application here and I will submit to the manager. Maybe you'll get lucky and start with the french fry machine. No promises though.

Cheers!

email · 25-03-2005, 20:40

Quote:

Originally Posted by forex777

How do you keep that 35 year old car still runnning? Because if you are using the system depticted in this forum, you surely have no money.

Leave me an application here and I will submit to the manager. Maybe you'll get lucky and start with the french fry machine. No promises though.

Cheers!

Hey, at least we can console each other, and I can give you a ride home in style.

forex777 · 25-03-2005, 23:16

Quote:

Originally Posted by email

Hey, at least we can console each other, and I can give you a ride home in style.

Viva Le Big Mac!!

ernest · 26-03-2005, 21:21

I want to clear up a misconception about this system being a trend following system.

I do want to catch the trend because that’s where the big money is.

Below is a chart for the last 3 months of the USD/YEN and I am sure that you would agree with me that is not a trending market

ernest · 26-03-2005, 21:45

Below is a chart that shows the signals that where given during that period. BUY if the signal points up, SELL if it’s down and NO TRADE if it’s flat.

ernest · 26-03-2005, 21:47

Chart below shows the profit and loss for the same period.
The system uses momentum, breakout and trend to look for the maximum profit potentials. The challenge is to stay above water during choppy periods and get on the trend as soon as it develops. If there is a system that can make money in all faces of markets let me know.

ernest · 28-03-2005, 20:55

SIGNAL RESULTS UPDATE

MARCH 27.2005

EUR/USD NO TRADE
GBP/USD BUY WIN/LOSS PIPS -42
USD/YEN BUY WIN/LOSS PIPS +79 USD/CHF SELL WIN/LOSS PIPS -47
USD/CAD BUY WIN/LOSS PIPS 0

All trades from open to close of Day.

Yesterday’s signals for today with the results of today.

If you have any questions e-mail me

Ernest