Sell Eur/Usd

[jtraderfx]

Originally Posted by Yardbird

But I don't expect Iris to post as if this was a live real-time exchange.
Don't look for it or need many affirmations of his results.

YB

This is the "Intraday Trade Recommendations" Section. There's no point making calls that have already occured.

If you look at the very first "sticky" post Moneytec have set out the rules. Seems like this is missing here bear has a point about this being moved to a journal section.

I have posted the rules below for your convenience.

j

We are no longer allowing members to post "past performance results" unless that member has called each every one of the trades within the forums are fully transparent to anyone interested in verifying them here.

This can certainly be misleading so If you don't call them here don't post your results here.


Kindest Regards

MoneyTec Team

[Iris]

Hello Everyone.......

Cable is entering the Sell Zone once again....

Cable Sell Zone @ 2.0395<>2.0380...with extension Cable Sell's @ 2.0405...

Target ...Open.

Cable Sell's activated @ 2.0397<>2.0395<>2.0393...let's see if we can achieve a Cable Sell @ 2.0400<>2.0405 extension to add to existing Sell's.

Cable has another retest @ the Sell Zone @ 2.0395<>2.0380 going into London Session we added additional Sell's @ 2.0390<>2.0388 along with exisitng Sell's @ 2.0397<>2.0395 2.0393 as Cable has Soldoff once again to a current Low @ 2.0219...Key Fractal break @ 2.0210 has 2.0180<>2.0160 Zone next for a retest once again on this Optimal R/R Cable Sell Position that is into ousting gains.

Cable has a decline break @ 2.0210 Price is back within the 2.0180<>2.0160 Zone a Key Support is under challenge with Key Fractal decline break @ 2.0120 onto 2.0095<>2.0060 Zone.

Cable has a decline break @ 2.0120 to a current Low @ 2.0087 we are entering the 2.0095<>2.0060 Zone as the Sell Reversal in Cable posted for weeks is in the Now Zone.

Let's Watch a Key decline break @ 2.0095<>2.0060 Support Zone for potential Exits or a follow thru decline onto 2.0040<>2.0010 Zone for Exits on All Sell Positions as our Cable Sell Position is into spectacular gains.

Current Cable Sell's @.......
2.0397
2.0395
2.0393
2.0390
2.0388

Current Price @ 2.0132

Cable is currently modulating off the 2.0120 level the 2.0158H to the 2.0087L...same scenario...Key Support Zone @ 2.0095<>2.0060 is Key for a further decline break onto 2.0040<>2.0010 Zone.

Cable has a decline break @ 2.0095<>2.0060 Zone onto 2.0040<>2.0010 Zone we have Exited All Cable Sell Positions @ 2.0010 to Re-Position with a current Cable Low @ 1.9987...as the Price Discovery for an over -appreciated Cable into a South Reversal has come to pass...

Current Cable Sell's @.......
2.0397...Exited @ 2.0010
2.0395...Exited @ 2.0010
2.0393...Exited @ 2.0010
2.0390...Exited @ 2.0010
2.0388...Exited @ 2.0010


Quote:
--- directly to Iris ------let's take some fatly earned sweet rewards on this one My friend
survey the field sort out the time technicals prepare to target a reversal swing move coming very soon.

all cylinders firing on this one ---- Classic counter swing maneuver

Your Welcome my Friend.

Thank you..........................

IRIS FX

[Yardbird]

Dear TraderFX


Perhaps he's not followed to the letter of that adage timingly enough.

He's had a high profile thread here for 3 or 4 years
good sting with the s running Motec

b to pick that really don't concern many perhaps most of us who
step in out of this reference.

What do you want?
Perhaps you should take it up with the moderators
see what they have to say about Iris's credibility here?

Sorry man but I just don't see a pattern of slight of h trading results.
---a few late end zone reports would be better served earlier.
But then I don't need anyone to tell me when to get out.
--that many other call aspects.

I enjoy his take(s) --- sense a generous integrity here.
Always have.

YB

[jtraderfx]

Originally Posted by Yardbird

Dear TraderFX



What do you want?

YB

It's quite simple.

Post your entry stops target in real time or ahead of time (a chart would be nice also).
If the target or stop is open then post the result in real time (money management details would do also).

Iris claims he ALWAYS uses stops but I haven't seen any posted until after the trade. It's all fine when things work out (like the last cable trade) but the problems occur when it doesn't work out. It's like he has to cover it up rather than admit it didn't work.

Anyway I'm repeating myself here so I'll leave it there.

j

[pqt]

Originally Posted by Yardbird

Dear TraderFX


Perhaps he's not followed to the letter of that adage timingly enough.

He's had a high profile thread here for 3 or 4 years
good sting with the s running Motec

b to pick that really don't concern many perhaps most of us who
step in out of this reference.

What do you want?
Perhaps you should take it up with the moderators
see what they have to say about Iris's credibility here?

Sorry man but I just don't see a pattern of slight of h trading results.
---a few late end zone reports would be better served earlier.
But then I don't need anyone to tell me when to get out.
--that many other call aspects.

I enjoy his take(s) --- sense a generous integrity here.
Always have.

YB

Rules are Rules are Rules. Period.

If Moneytec are somewhat lax in enforcing their rules it's their problem.
The point is NOBODY IS ABOVE THE LAW!
You are talking a lot about integrity hty so I believe you are a good bird! (sorry dunno if u r a he or a she )
Good peeps usually follow rules without having to have their ass kicked!

[phreak]

Originally Posted by jtraderfx

Let me just point out some of my observations

1. Does Iris use MM? Does he know what it means? It seems that he lets trades run many thouss of pips into the red seems to hope that it will reverse one day be profitable. Then if it does eventually turn profitable he will come here announce that he closed it well after the fact. He seems to be trading to the left of the chart. If it doesn't work out he will disappear eventually come back once the dust has settled to claim being stopped out for profit. So out of the 2000 posts how many are believable? Of course he will have a high success rate when he trades to the left of the chart his broker must be unique to allow him to trades off yesterday's prices.

2. Iris is making the calls here anyone who does is up for scrutiny. If he lets trades run many thouss of pips into the red then it is only natural that people will question it. If he makes calls based on the past then again someone will pick it up criticise him. There is no need for others to start making their own calls. If someone criticises your president or my prime minister they don't have to setup their own government to show them how it's done. They will simply point out their veiws objections.

3. My main point to this thread is that there is very little transparancy. All he needs to do is to explain his position when things don't work out. That seems to be a very difficult thing for him to do. He applauds his successes covers up his losses. Fytale l thread.

j

j

Do you really believe that Iris 'lets trades run many thouss of pips into the red seems to hope that it will reverse one day be profitable'? Iris is an experienced trader of course he would never do anything THAT stupid.

What amazes me is that he actually hopes to get away with this naive primitive lie rather than admitting his mistake. Strangely there are quite a few traders around who accepted that lame excuse even followed it wiping out their accounts.

But the bottom line is: anyone who advises you to do anything like that for any reason (whether it is stupidity or cover up) has zero credibility after that for good.

[bohogirl]

Originally Posted by jtraderfx

Sounds like more fytale l trades. Is Iris teaching you to trade to the left of the chart (the past)? Still learning??? Keep it up it's not that difficult. With your hedging you'll be advanced soon enough!

j

Wow you're such a meanie! Why must you rain on my parade?
If you look over my older posts (there's really not that many) I fessed up to keeping my shorts when everyone else aboned them to hedging. I follow Iris ( Phillip) because I like them but I don't take their calls blindly - I use them to confirm my own. when a trade goes wrong I don't use a stop loss I hedge. It might be wrong it might not work in the long run it might not make sense but it works for me it makes sense to me.
If I knew how I'd post my history for you - not that I really care about anyone thinking I'm trading to the left of the chart but because I'm damn proud I waited it out - took nerves of steel to keep shorts 500-600 pips in the red wait it out you know?
Actually no I wouldn't post my history because it'd probably give any real trader a heart attack make me seem like a total mad woman... but hey I more than trippled my teeny $2k account all on micro lots ( a few minis) so I'm not complaining

Now would you please play nice let those of us who are happy enjoy it? Or at least contribute something useful to the thread instead of this never-ending negativity. Seriously I'd follow your calls if you made them - I'm an equal opportunity follower

[bohogirl]

Oh shoot I didn't realize you can't edit posts here.
So here's a new post instead an addition having caught up on the thread.
I guess I'm stupid since I do let my trades run many hundred pips in the red thouss of pips when combined (shoot just the three shorts of 1.9987 1.9992 1.9995 accounted for about 2000 pips that's without my 2.00xx 2.01xx 2.02xx 2.03xx etc shorts). But I did it it worked out for me.
I'm stupid since I hedge which any self-respecting professional experienced trader apparently doesn't do.

So call me stupid if you will but I'm not going to let it make me sad because I just put things in perspective for myself - do you know how much trading how many pips it takes to triple $2k if you're trading micro lots where your pips are worth $0.01-0.1? So I must be doing something right no?

on that note cable just dropped to 1.9972 my 1.9987 short now has a stop loss of 1.9980. I'll probably get stopped out within minutes maybe too soon (imo - I still contend that there's more room on the downside) but I guess I shouldn't be greedy.
I still have all my 600's - upper 2.00xxs shorts with stoploss at 2.0100 I have micro longs at 2.0000 1.9990 now 1.9980 with open buy orders every 10 pips down. With how many shorts I have I can go all the way down to 1.89ish to be fully hedged still in the green