Forum >> CHF insight..

I think there's still a difference between blindly setting the stops at breakeven after a certain point, and performing a thourough analysis of support and deciding that once it breaks a certain level is is doomed to keep falling.  I belive that if one was truly a well versed trader, he could use the singals as a bias, sit in front of his PC for hours and well outperform the listed results.  But the system makes so many pips for so little effort, it's hardly worth all the extra work, and that's assuming the person actually knows what he is doing... ;)

 As long as everyone knows that the reported results were not achieved by moving the stop loss to break even. 

From the users guide: "Generally, a prudent way to manage your risk is to move your stop level to breakeven as soon as possible."

I am not suggesting anything except the possible existence of an expanding triangle. 

But you are right. If my comment about what was I going to do didn't help, that was not my intention. I will keep my oppinions for myself in the future.

 Femonera, with all due respect, you do not really serve the subscribers by suggesting manipulating the signals. IMO. The system has worked incredibly well since the beginning and I doubt you have made anything near 200,000 pips since 2008.  Do what you need to do, but why suggest others to follow and not go with the system?

It takes a lot to get use to the swings, but gradually I am.

best, Ovidius

Did I disclose any new information not already disclosed? That we are CHF bears is already disclosed (even by Silvertrader). An expanding triangle is perfectly visible. That price were almost going to touch our stops is already told.

But sorry if that post disclosed anything that shouldn't be disclosed. Silvertrader, feel free to delete it if needed. I just wanted to help subscribers.

And with a bit of humor ...  ... if after reading all the posts in this thread someone has the b@lls to guess our CHF positions and trade them, he deserves the earnings IMO 

My oppinion on recent CHF weakness:

 - Unless EURCHF breaks the resistance of the expanding triangle @1.32, we cannot be sure about the truth about this up thrust.

 - If 1.32 holds and price bounces down, our stops will probably be taken before the next up thrust.

I don't trust CHF at all. It seems to depend on SNB too much. If price goes up 50 more pips, I will put the Stop Loss of the worst positions at breakeven. At least if SNB decides to play with us again, I will be safer.

I will probably do the same on USDCHF, but there we will need some more pips up to put stops at breakeven.

(I hate CHF  )

Yes FxTonny, and anyone newer reading this post - sometimes the signals work right away, sometimes they almost get stopped out first, sometimes they do get stopped out at a loss, but all that matters is that the results page is listing accurate results and will all of these possibilities included, the account has made many many pips in the end of every month.  So don't worry which one is which, just keep pulling the lever of the slot machine and know the odds are in your favor...  It's also fair to note that during the "loading phase" when you are just starting the system for the first time, you may not have all of the entries in play and the results may look more severe, but trust that once all of the open signals are finally opened, the account maintains a sort of balance that some may go down, but they tend to be offset by others that are making pips and it's really not as stressful anymore.

 FxTonny,

This has been discussed many times in the forum. The book says no cherry picking, you should trade the signals as per user manual and let the system do its trick. 

murat

Very close to EUR CHF stop today.
If stop is hit today i have a problem with EURCHF amd GBPCHF. I just vent live 2 weeks ago. And theas pairs have not benefited my account.

Why not only trade pairs that have a quit possibly for winning's.
Why not make a quite possibly gauge like the signal strage meter ? I think is a good idea

For the second week we have touched the lower resistance in the monthly triangle. 

I don't want to give false hopes but if this is really a triangle, requirements before turning are accomplished, and now we should have space for a nice 1500 pips up (x3 active signals).

I would like that the system would generate a USDCHF signal tonight.