Technical analysis :useless junk science

[oilfxpro]

Quote from cornixforex:

No you didn't. What you don't understand is that there is no difference between realized and unrealized P&L. The fact that you too the "profit" on one leg while having a "hedge" leg in the red makes you net P&L at best flat - spread costs.

Get real, Oily, get real. Your "hedging" is self-delusion and nothing else. I understand your condition of full deterioration now as I expose you the flaws in your "method" and your subconsciousness starts to realize that I am right and your self-delusion is wrong.

But believe me, that's for your own good evetually. Any truth is better than the most beautiful delusion.

I closed a short last night at 1.2880 on a hedge opened short 1.2914 and re-instated it this morning at 1.2900.............that is actual 20 pips made on a live account.

Nothing delusional , only delusion is t/a.

 

[cornix]

Quote from oilfxpro:

I closed a short last night at 1.2880 on a hedge opened short 1.2914 and re-instated it this morning at 1.2900.............that is actual 20 pips made on a live account.

Nothing delusional , only delusion is t/a.

Anyone can say "I made 1000 pips last night". That's nothing. Start a third party track record, attach Zulutrade to your MT4 account or Myfxbook if you don't like Zulutrade. It will get all job done automatically, no efforts from you required, you can hide all info where you entered/exited in Myfxbook and only show the net profit in pips or money.

Come on, prove you are real.

 

[Ol' Yella]

a vision from Oiler's nightmares....

the creature that scares and frustrates him to no end....

his arch-nemesis.....

the peanut-eating crow....

 

[Xspurt]

Quote from oilfxpro:

Here is the support I was using 1.2835 , not 1.2935

You have posted a zillion times that supports don't work. Now it works for you but only after you move it 100 pips when you are under water.

Very impressive all round.

 

[cornix]

Quote from Ol' Yella:

a vision from Oiler's nightmares....

the creature that scares and frustrates him to no end....

his arch-nemesis.....

the peanut-eating crow....

ROFL

 

[oilfxpro]

Q: What is the dragon pattern?
A: It is a failed double bottom pattern, where a failure occurs around the half of the W's height after the 2nd bottom and falls lower making a 3rd bottom, where it bounces.

http://www.elitetrader.com/vB/showthread.php?threadid=154290

 

[oilfxpro]

Quote from cornixforex:

Anyone can say "I made 1000 pips last night". That's nothing. Start a third party track record, attach Zulutrade to your MT4 account or Myfxbook if you don't like Zulutrade. It will get all job done automatically, no efforts from you required, you can hide all info where you entered/exited in Myfxbook and only show the net profit in pips or money.

Come on, prove you are real.

Why do I want to impress somebody else?I can spend that time making pips and profits.

I just added another 16 pips profit by unlocking a hedge at 1.2886 short and selling again at 1.2902 , so I have already realized profit of 36 pips.So with a stop of 60 , my risk is only 24 pips.

Imagine there are several hedges working long and short ,on zero positions , and making pips 24 hours a day.

This is all beyond you!

 

[cornix]

Quote from oilfxpro:

Why do I want to impress somebody else?I can spend that time making pips and profits.

I just added another 16 pips profit by unlocking a hedge at 1.2886 short and selling again at 1.2902 , so I have already realized profit of 36 pips.So with a stop of 60 , my risk is only 24 pips.

Imagine there are several hedges working long and short ,on zero positions , and making pips 24 hours a day.

This is all beyond you!

Tell me exact prices of your placed and closed trades and "hedges" in this last case (hindsight, I don't care of your realtime calls) and I will point out where you delude yourself.

 

[cornix]

Entry 1.2905 @ 10:49 CET, 5 ticks stop-loss. Going in the money immediately. Close 2 minutes later for +11 ticks. That's how real trading is done.

 

[oilfxpro]

Quote from cornixforex:

Tell me exact prices of your placed and closed trades and "hedges" in this last case (hindsight, I don't care of your realtime calls) and I will point out where you delude yourself.

orignal xero position trade

short e usd 1.2914
long gbp usd 1.6157
long e gbp 0.7996

hedge 1 closed euro usd at 1.2980 , resold at 1.2300 appx
hedge close 2 euro usd 1.2886 ,resold at 1.2902

total locked away 36 pips

resold now at 1.2913 stop 1.2949