Disqus - Latest Comments for parman

Re: Wednesday Currencies Trade 12: AUD/USD

parman — Wed, 02 Apr 2014 18:38:36 -0000

Nice call Mavin

Re: Monday (GMT) Currencies Trade 1: AUD/NZD

parman — Mon, 17 Mar 2014 22:39:56 -0000

yep that is good to know....thx MK

Re: Monday (GMT) Currencies Trade 1: AUD/NZD

parman — Mon, 17 Mar 2014 09:32:25 -0000

another nice call Phixer.....I got you at 14-2 on your binary signals..thats impressive. So your broker is Market Options....have you made any withdraws from your acct yet to see how smoothly that goes...I assume you have ??

Re: http://dragonflycap.com/2010/12/looking-ahead-us-treasuries/

parman — Mon, 27 Dec 2010 20:50:34 -0000

Looks like I should dump this crap. Thx for the chart

Re: http://dragonflycap.com/2010/12/looking-ahead-us-treasuries/

parman — Mon, 27 Dec 2010 20:45:59 -0000

Nice charts by the way

Re: Gbpusd Technical Analysis

parman — Tue, 10 Aug 2010 06:33:38 -0000

I think she does know what she is talking about, and looking at. Follow along and you will find out why. As with any trader it may or may not work out on this possible trade but overall she most certainly does know what she is talking about. That is if you like making pips like the rest of us.

Re: Log In

parman — Thu, 22 Jul 2010 09:07:12 -0000

In 1995 I went to the hospital feeling weak. I was unemployed and NO insurance. They ran blood work, results came back in 2 hours revealing I had leukemia and would need a bone marrow transplant to have a chance to beat this cancer. I freaked out about maybe dying and not being able to pay the huge cost. Was put on 36 months of disability, and sent to Ohio State University for the transplant. The transplant took, and I am a survivor of this cancer. Now what did this cost me.....not one dime. Medicaid took care of all medical bills, all check ups, and all prescriptions from beginning to end. Im told this was area of 700,000... all paid for by the government. Not only that but social security sent me 800.00$ per month to help with bills, and 100.00 per month in food stamps for the 36 months of disability. Now maybe my story is unique, but I walked into the hospital with no insurance, had 700,000 in medical bills and the government paid every cent, plus sent me 33,000 to live on. My whole goal in life now is to leave a large portion of my estate when I die to the James Cancer Medical Center at Ohio State University. Well thats my story as an American with no health insurance and a 700,000 dollar hospital bill.

Re: I Thought I Could Be a 4x Trader?

parman — Thu, 22 Oct 2009 07:31:29 -0000

Welcome Tony Looking forward to your story. Thx for sharing. Im sure its been an interesting trip

Re: NYTime Results for September 2009

parman — Sat, 03 Oct 2009 07:35:33 -0000

Mark...Pretty much in line with the monthly return expected. Good work. This could work out to be a 50-60% a year. Not a ton of risk here...not much draw down. Lets see what happens in the future. Very promising I feel. Thx for all the hard work................................Parman

Re: Platforms for Automated Forex Trading

parman — Sat, 26 Sep 2009 17:42:34 -0000

Mark Good info here, Im gonna try to set up a EA with some of my indicators I like. I hope its not too complicated but nothing is easy when your a newbie. Having good luck with NY time system past 2 weeks. Have tweaked it a little, not much thou. I always like to see the candle close above or below entry points before entering. And Im usually out way before 1:00. Avg. of 25 - 30 pips 9 out of 10 days....sl 1 time of 20 pips. Have you ever done a EA on any of your favorite indicators and let it auto trade?? IF so, has it been profitable??.....The NY time system would be a good one to write up, let it run on auto in a practice acct and see how it does over the next 6 months. Backtesting is ok I guess but from what I read most say forward is the only way to get more accurate results............thx as always Parman

Re: Automated Forex Trading - Testing, Testing, 1, 2, 3

parman — Fri, 25 Sep 2009 21:50:44 -0000

Thx Mark.....I will try to develop my own EA.....I think I can do it ....might take some time thou. But TOT is something I will use in the future for sure...... thx for your help and replies

Re: Eur/Usd: My System

parman — Fri, 25 Sep 2009 07:44:06 -0000

Casey

Will be fun to watch your log on this charting software......thx for posting. How long have you been using pro act charts?? And would you say maybe 3 or 4 eur/us trades a week off this system ?? How does it do with the other pairs it tracks and why dont you trade those calls?? .............................thx parman

Re: Automated Forex Trading - Testing, Testing, 1, 2, 3

parman — Thu, 24 Sep 2009 02:20:55 -0000

Hi Mark

I went to your trade on track site......I like the idea, makes alot of sense to me to keep track of all trades on your software. along with everything else it has to offer. It would have to make one a better trader, no doubt about it. As a subscriber to your site will you walk me thru how to set up my trading systems on EA software....or do I have to figure that out myself ?? I have no experience in that area, (as well as many other things). I have been using a practice account for 6 months, and will not trade live for a while. But I think your tracking ideas are good, and need to incorporate them to trade successfully. Would like to practice using your software as well...... Get back to me when you can, THX Parman

Re: Automated Forex Trading - Testing, Testing, 1, 2, 3

parman — Wed, 23 Sep 2009 12:34:02 -0000

Mark Thanks for this info. Very interesting. Tell me if I have this right about what you are saying. There is software out there That I can program........say with our ny time based system parameters...... and it will alert me to a possible set up for a buy or sell ??.....It does not automatically trade these set ups does it ??? This seems like something one needs to set up......to be alerted to a possible set up... is that the idea ??? I know I miss a few ... nice to have some help with a program if that is possible. Not real big on the auto trade part thou. Thx for your time ....Parman

Re: Eur/Usd: My System

parman — Tue, 22 Sep 2009 11:50:29 -0000

Casey

When you say you only trade first 2.5 hours of session opening........ny,asia, london, what are those times ?
I have seen them listed differently from different sources. What times does your charting software use?

Sorry for all the questions and no trade ideas..... I will not be trading live for a while....most say to use a practice account for at least 6 months.... for me probably a year. Pretty much a slow learner with alot of questions.

Thx for all you do to help..........................not only in forex but in your missionary work as well, which is worth more than any pips can ever hope to be. No one should ever forget that.

Parman

Re: Eur/Usd: Bullish Move in Play we Could see 1.4700

parman — Thu, 10 Sep 2009 11:48:01 -0000

Casey

Are there other pairs we should be watching for breaks? Or do you always stay with EU/US?

Re: NYTime - Exit Strategy

parman — Wed, 09 Sep 2009 15:08:44 -0000

Mark

Thx for the info on exiting ......sounds good. Going to paper trade for a couple of months and see how it looks. It seems to me that we could get 5% to 10% a month, which would be fantastic. Thx again, looking forward to future commentary and possible new trade set ups.

Just to see if we are on the same page here are the latest results:

9/7 entry 4332 short stp out -9 9:55
9/8 entry 4481 long stp out -12 9:40
9/9 entry 4561 short stp out -16 9:55

I know these results may not be pip for pip with you because we use different platforms, but please let me know if this is basically what you got. Im still learning, need to know if I made any mistakes.

Parman

Re: Eur/Usd: Bullish Move in Play we Could see 1.4700

parman — Wed, 09 Sep 2009 11:59:47 -0000

Casey

Another great alert.......watched for that 4480 to break, set at buy at 4495 and set a limit 4525. It moved down against me and bought another lot at 4465. Dont avg in too often but I like this bullish trend. Had 2 lots at avg of 4480. Sold in the next hour at 4510 for 60 pips on the trade. It was beautiful. Left a little on the table but who cares............ NOT ME.

Now I noticed on the hour chart that it had very tight range for about 16 hours, set another buy at 4540 and a sell of 4460...it broke up and just took my 30 on that one. Those very tight ranges that last for hours have worked for me more often than not.

Thx for the alerts and thx for Mark's commentary. I'm paper trading his new NY time system for a couple of months to see how it works out. I think he is onto something there. It could be a very safe way to earn 5% to 10% a month over the long hall. As he says, we can have many losing days in a row but overall it tends to be a winner. Thx for all you do Casey to help us.

Parman

Re: Euro/Dollar Trade Setup

parman — Mon, 07 Sep 2009 13:34:16 -0000

Mark

Going back as far as my 5 min charts will take me, I find these results:

Entry/ profit/ time of take profit/ comments of trade

8/11 @ 4123 +14 10:05 stp out by 10:50
8/12 @ 4176 +68 12:00 easy
8/13 @ 4300 +35 9:50
8/14 @ 4268 +55 11:25 up to +100 by 2:30
8/17 @ 4074 +30 10:10 stp out by 11:45
8/18 @ 4087 +46 11:30
8/19 @ 4118 +142 11:55 huge
8/20 @ 4205 - 15 9:35 stp out quick
8/21 @ 4334 + 34 10:00 stp out by 10:45

Pretty good pips right there........usually out by noon from what I have seen...... looking forward to how you will take profit in this system Mark. But I like what Im seeing........THX AGAIN.....................Parman

Re: NYTime - Entry and Stop for Time-Based Strategy

parman — Sat, 05 Sep 2009 14:25:09 -0000

Mark

Thx for all you are doing to help us trade smarter............I got the same results as everyone else on sept. 2,3,4. I think we are all on the smae page. But there will be 1 or 2 pip differences between the differt brokers, not sure how to deal with that. With the very tight stops we will get different results among us. Hopefully we can make it not an issue somehow.

Now going back a few trades I find these results

9-4 stp out -13 ...................... 8-28 long +14 (turn down rest of day)
9-3 stp out -16 ...................... 8-27 short +25 (turn up rest of day)
9-2 long +80...................... 8-26 short +43
9-1 long +39...................... 8-25 stp out -12
8-31 long +78..................... 8-24 long +7 (turn down rest of day)

My question would be when do you move stop to break even ??..........with the stops set at 3 or 4 pips, most would say the profit targets should be around 9 to 12 pips....a 3 to 1 ratio.

Re: Eur/Usd: Still in trading Range

parman — Thu, 03 Sep 2009 10:49:11 -0000

Casey Fib levels are new to me. Thx for the explanation. ...........Im looking at the 1hr eur/usd and see it broke down thru the .500 level at 4277. do most traders take a position at that price or wait till it breaks thru by 15 or 20 pips ............ like I do with support and resistance. Have you taken the position here once it broke and set a tp at 4200 as stated in your comment?? If so at what price did you enter if I might ask??

Re: Eur/Usd August 31 Forex Trading Recap

parman — Tue, 01 Sep 2009 15:50:17 -0000

Casey

Well it broke that support line ....set a sell at 4250........got my 30 pips. Left some on the table but I could care less. I read how people complain all the time about leaving pips "on the table"... not happy with the profit they were blessed with. What a joke, be happy with what the good Lord gives you, in life and in pips....... thx for the alert Casey.

Now my question is Did you play the long when it bounced off the support at 8am yesterday....That would have been a winner. And again a bounce off the res. line at 4am this morning.....another winner. I have never traded the bounces only the breaks..... maybe something for me to look at. Still just a pup at this stuff.

I guess the ascending triangle was bearish this time..... but it really does not matter, when the sup./res. line is broken, get yourself a small profit and be happy. Many lines to be broken on many pairs.... just be patient. Thx again Casey

Parman

Re: Forex: Eur/Usd Trade Idea

parman — Mon, 24 Aug 2009 08:08:32 -0000

Casey

Thx for your alert to this res. level of 4272......set a buy at 4290 and got out with 30, my usual target.

Re: Monday Trade: Bullish Move Euro Could Go Higher

parman — Mon, 03 Aug 2009 14:30:53 -0000

casey

I took that break of 1.43 res. Set tp at 1.4350.....and got my 30.... Can someone tell me how many pips above the 1.43 do most good traders consider it a break out ? I went with 20 . Thx for any replys.