hi David ,we will have another target at 1.2600 on Oct ,10th,2006
Attached Image
Famous Dave's Trading Journal 9 replies
Liam and Dave's Trades 13 replies
Script/EA to balance losing trades agianst winning trades 23 replies
Daily Trades = Lazy Trades Journal 7 replies
Dave the Trader 31 replies
Quoting LouDislikedHi Dave,
could you please explain the calculations involved in the chart diagram just above ... with the projection to 1.31 Obviously 1.61 is the golden ratio but how is it drawn? Why is that distance 1.61
Thanks
LouIgnored
Quoting xxDavidxSxxDislikedhedged entry 1.2695/97
s/l 20 pips either side.
e-trailing will trail to b/e when a s/l is hit and trail every 2 pips after
daveIgnored
Quoting xxDavidxSxxDislikedHooray for e-trail
turns out price has fallen back to support. 2 pips was all I was gonna get anyways.
Here is the EA for those on meta4.
defalt setting is trailing stop- 8 this is at what point it will move s/l to be.
trailing step is what incrament it will trail after moving to b/e.
DaveIgnored
Quoting jhathawaDislikedAnyone know how to make this "e-trailing EA" (see post #1633) chart specific or modify it so that it doesn't apply to ALL open positions ? This seems crazy you would want to use the same EA to control ALL open positions. I'd like to use it for smaller positions with a stop of around 10 but I still would have other positions open with larger SL/TS. Even if can be made currency specific that would be fine. Thanks in advance.Ignored
Quoting kolachiDislikedHi Dave,
Preliminary I have looked at your charts.Frankly you are too senior to me that I need time to understand how you analyze.
You have always encouraged me.Today also your visit was an encouragement for me.
I know you are busy but plz keep vising weekly or so, it will be honour for me.
God bless you,
kolachiIgnored
Quoting xxDavidxSxxDislikedEWOCCI signal long given at 1.2712
enter when signal candle closes.
s/l 1.2655 below las major support.
I am already in from this morning so this is confirmation of first trade. And oppertunity for second position.
edit: here's chart entry varified on close of candle
DaveIgnored
Quoting adam3000Dislikedhi David ,we will have another target at 1.2600 on Oct ,10th,2006Ignored
Quoting xxDavidxSxxDislikedhere is the triangle count revised. I belive I had the top trend line drawn wrong. This would account for the bottom trend line break.
D did reach the top trend line, and E overextended the bottom trend line on friday.
DaveIgnored