Chronicity

[gbguimaraes]

Hi

In the discption of the strategy says " There will be no max drawdown limit ! " can you please clarify if it reach 40% or 45% dd what subscrivers can expect ? you will close or keep adding orders?

Thanks in advance

[Big River Man]

hi ali,

so now its clear to me 6k balance and you saying max dd being $2800. that gives me something to work with.

as i said dd figures always relate to balance being run in the master and lot sizing. so your master trades are .01 exactly same lot sizing as in my slave.

then my expected dd is clear as clear can be meaning it could hit $2800 as the most extreme, but so far its been very much lower then that.

so i hope it helps other subscribers now to get a clearer picture as well.

thanks much for letting us know.

Hi Reinerh,

Could you please let me (and others) know your experience so far.

I think the provider isn't a native English speaker so it's a bit difficult to exactly pertain as to what clear risks are and management etc etc.

Also the fact that the open trades are hidden makes it a bit harder too.

The monthly income to max drawdown is most certainly preferable. And with current open drawdwon being around 10% it may be a good time to jump in.

Are there currently long CADCHF, long USDCHF, long USDJPY and short Gold positions open? Also looks like about 10+ trades open on each pair, is this correct???

[reinerh]

yes, your current positions = correct. all .01 and yes as ali pointed out one can call it a grid. but there is a method behind it. and its manually traded.

so far i am just watching to get at least some sort of understanding and then i might take it live after 4 weeks.

[ali66sh]

Dear Traders/Followers

We ended month of March with ~ 12.5 % growth.

Looking forward to a great April too.

As always said "will put most effort to achieve best outcomes".

And at last I successfully created a PAMM account for signal Chronicity with my broker : FxOPEN , if interested you can check it out at the following link:

https://pamm.fxopen.com/en/Pamm/Chronicity

minimum fund is only 2000 $ and has the same trading method of Master Chronicity signal. PAMM conditions were set out according to followers' suggestions.

By the way, after several weeks of many requests to withdraw money I finally withdrawn 2000 $. So our current balance is about 6K, thus making it easier for new followers to join.

thanks for your trust !
All the best
Have a nice weekend.

[laracroft]

Is it possible to pay subscription to paypal or accept bitcoin or webmoney only?

[ali66sh]

Is it possible to pay subscription to paypal or accept bitcoin or webmoney only?

Hello,

All three methods are available.

All the best

[NextGen4FX]

Hi, Just wondering how this signal is going and how they are managing the drawdown. Been looking at this one for awhile and wanting to purchase

[reinerh]

ali is still going strong, very nicely traded.

his account keeps on tickin up

[reaper_unique]

The large amount of DD that is still open is worrying though. There are a few good signals on simpletrader including this one but that equity curve...

[Pianetti]

the entries are really random most of the time, tough he keep to grow the account, one must stomach a permanent big DD

[NextGen4FX]

Looks that in previous months they were really good with dealing with open DD. Now it seems they have gone quiet here and the DD is getting even larger. Might be a good time for them to speak up. The monthly gains look great but hanging onto that much DD for months, the chance of turn-around becomes slimmer. The SP might know what they are doing but might be a good time to start cutting some of those old positions and covering them.

[laracroft]

ali66sh
Looking at myfxbook I saw that the maximum duration of some trades (both wins and losers) was about a month and a half.
With respect to trades still open on your master account, can you tell us how long they are open?
Can we expect future trades that remain open for many months?

[reinerh]

still nice going ali, and congrats on your pamm.

you sure have some wizzbang system going on, its a grid which i dont like but with extremely low sizing you seem to make good headway.

your equity gains are very decent, and as long you will be capable to pull the plug, meaning to close out when your predetermined dd level has been reached or exceeded, thats when my hat comes of to you.

[laracroft]

I asked Ali this question:

<<Hi Ali.
You said that your trading is based only on technical analysis. Can you tell me something more? Do you adopt trendfollower or breakout strategies, or reversal strategies (controtrend)?
Can I post the answer on the forum?
Why do not you write anything more on the forum?
I think your subscribers would like a weekly update! >>

This is Ali's answer:

<< Hello, that is correct. I solely use Technicals for trading and I mostly cover the name of the pairs before performing analysis so as a result, no bias will influence trade-picking. That is why you might notice, sometimes, I am both selling and buying e.g. CAD via different pairs. It seems paradoxical and conflicting but it is not. Even sometimes it might be so confusing with each pair pointing to different directions but eventually, most will sort themselves out as time passes. The possibility of extensions, false breaks, low-volatility moves, obligates me to break down trades' volumes and gradually open them over time and subsequently taper them down when needed. This way control is better too.

By the way, although I said my trades are pure technicals, it does NOT mean, I don't ever follow the news. In fact, I actually do follow the data and news BUT use them as possible supporters and/or confirmations to my trading. Better said, data and news are not determinators of my trades they are just clues on what might happen and probably when.

In most cases, FX pairs make their move and people look for the news in a retrospective manner and this might create a delusion that fundamentals are playing the role but they are not, indeed. Nevertheless, as said, I still use data and news to point out possible scenarios.
For example, recently, in answering some followers queries about what might be the catalyst for the trades we are currently in, I frequently told them about the record SHORT positions on yen pairs as a possible big cause of nearby reversal. Also mentioned big risk for US stocks to go down and the big degree of divergence we see in some pairs. NONE of the mentioned reasons is technical analysis (except for the divergence one) and I did not use them for getting the trades. But they all can be possible clues on what might happen pretty fast.

Please Bear in mind, we might eventually end up with loses or might consider tapering down trades or even hedging them. One should always consider such possibilities as emphasized in the signal description and as what is expected from any true forex trader to know. On the bright side, most of the times we successfully got out of DD and managed the situation. Expecting to be the same this time too.

About trading method, it is a complex mixture of manual analysis and involves none of the above you mentioned. It is not explainable it is just doable. If it was explainable be sure I would have made an EA for that and just sleep all day long. unfortunately, it is not and robots cannot understand it. nothing more can be disclosed. I am sure you can understand and sorry for the inconvenience.

About posting on the forum, You are completely right and I should post at least weekly and inform followers. It is my fault and I am hopefully planning to do so regularly from the beginning of the new year.

you can post this or share this where ever you want.

Looking forward to better weeks,
All the best>>

[fiveninefish]

still nice going ali, and congrats on your pamm.

you sure have some wizzbang system going on, its a grid which i dont like but with extremely low sizing you seem to make good headway.

your equity gains are very decent, and as long you will be capable to pull the plug, meaning to close out when your predetermined dd level has been reached or exceeded, thats when my hat comes of to you.

Any updates/thoughts on this system? The monthly profit is definitely impressive. I'm interested in testing it out, but I can't help but notice that open drawdown. Did you ever take this system live?