daily range vs spread ratio
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Old 09-27-2008, 09:45 AM
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Default daily range vs spread ratio

Some FOREX DINGBAT is going on another forum, advising members to trade any pair , to keep brokers rich.He would not be hanging around the forums if someone had a grail.He is Just another imbecile on another forum of 95% club .Some DINGBAT is cluless about which pairs to trade , so he puts all twelve on the blower

Thats not trading , its being a clueless unknowledgeable novice not knowing his odds

There are only three attractive pairs for trading.Look at spread to daily range/100 days ratio

Euro/usd 2 pips /average range 142 pips = 71 ratio
gbp/usd 3 pips spread av range 164 pips= 55 ratio
euro/yen 3 pips spread av range 164 pips = 55 ratio


CLUELESS DINGBAT trades other pairs
USD/CAD 4 pips /89 = ratio 22

Every pip spread paid on USD CAD gives you 22 opportunity compared to 71

Here is another

complete dingbats on TSD
http://www.forex-tsd.com/general-dis...tml#post233802

Gold spread is almost 10% of daily range compared to 1.6% for euro usd ,so forget it.Also gold is illiquid

These 95% members hang around forums cause they are no good losers
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Old 09-27-2008, 10:37 AM
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Sorry man but on trader101 method you are just not right!
I think that you dont even understand the method......
almost 2000pips last week

Last edited by forexflash; 09-27-2008 at 10:45 AM.
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Old 09-27-2008, 11:16 AM
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Quote:
Originally Posted by forexflash View Post
Sorry man but on trader101 method you are just not right!
I think that you dont even understand the method......
almost 2000pips last week
One weeks track record! HA HA HA

Use your computing skills to backtest his system using an individual E A on metatrader.

Next get all the results for everyday for last 8 years ,and test his strategy

Now, if I see you anymore on forums I will believe u found the holy grail!

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Old 09-27-2008, 11:37 AM
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Quote:
Originally Posted by forexflash View Post
Sorry man but on trader101 method you are just not right!
I think that you dont even understand the method......
almost 2000pips last week
All he is doing is trading breakouts and mrket strength...nothing special same old technical anylysis rehashed ,renamed

Why not put a breakout /market strength E A on eachof the 14 pairs , and let the EAS do the work?

Same things as please code an E A

l o l
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Old 09-28-2008, 09:16 AM
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Quote:
Originally Posted by oilfxpro View Post
All he is doing is trading breakouts and mrket strength...nothing special same old technical anylysis rehashed ,renamed

Why not put a breakout /market strength E A on eachof the 14 pairs , and let the EAS do the work?

Same things as please code an E A

l o l
Hello oilfxpro

Check your signature, it's not working replace the , with a .
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Old 11-01-2008, 06:07 PM
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Hi

The daily range is very important to profitability.The same system traded ,when daily range was 25 % higher made more pips , but when applied to a lower daily range period the result was poor profitability

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