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The Swamp

  • #26,141
  • Nov 8, 2018 7:50am Nov 8, 2018 7:50am
good reading

https://www.tradeciety.com/how-to-be...l-trader-fast/
  • #26,142
  • Nov 8, 2018 7:50am Nov 8, 2018 7:50am
Quoting Boulder
..Yeah--- Starting today,, I am testing an EA to trade for me on M15 ... . I will see how that turns out ....look like it will trigger a long when this candle closes at M15.. lol... love it to buy high ....
Sounds as if it is trading opposite of your trend system -- hope it works!
  • #26,143
  • Nov 8, 2018 7:54am Nov 8, 2018 7:54am
Quoting BlueCirrus
{quote} Sounds as if it is trading opposite of your trend system -- hope it works!
yeah its against my H1 trend...,,,I have 40 pips stop for ea trades.....
  • #26,144
  • Nov 8, 2018 7:54am Nov 8, 2018 7:54am
[quote=BlueCirrus;11673109]
Quoting gatorinla
{quote} Have my first target right there, since there's almost always a pause at that level...assuming it gets there in the first place of course. Regarding the lower closes: We may need another week for it all to play out, since time is getting pretty tight for all these swings to take place this week.
closing below 1423 today wouldn't be a good sign for bulls about 1382.8 tomorrow
those who can, do. those who cant, talk about those who can
  • #26,145
  • Nov 8, 2018 7:57am Nov 8, 2018 7:57am
Quoting Boulder
{quote} yeah its against my H1 trend...,,,I have 40 pips stop for ea trades.....
another spanking.. looks to be in order.
those who can, do. those who cant, talk about those who can
  • #26,146
  • Nov 8, 2018 8:02am Nov 8, 2018 8:02am
Quoting gatorinla
{quote} another spanking.. looks to be in order.
lol...you can't blame me... but a machine...
I am so tired of manual trading..... too many sleepless nights...I let machine to take over.. if this M15 ea is not working.. I will switch to H1 ea..
  • #26,147
  • Nov 8, 2018 8:09am Nov 8, 2018 8:09am
Quoting Boulder
{quote} lol...you can't blame me... but a machine... I am so tired of manual trading..... too many sleepless nights...I let machine to take over.. if this M15 ea is not working.. I will switch to H1 ea..
around a month number 1423 it will distort small tf. more so around the week close and 1383
those who can, do. those who cant, talk about those who can
  • #26,148
  • Nov 8, 2018 8:09am Nov 8, 2018 8:09am
Quoting Boulder
SwingTrading Levels Date11/8/2018 R3 ----------1.1590 R2 ----------1.1546 R1 ----------1.1485 PP ----------1.1440 S1 ----------1.1380 S2 ----------1.1335 S3 ----------1.1274 Open price to PP----Below
it needs break this daily PP 1440 first... then H1 downtrend stop 1446... then we We go for Russian R1 1458...
early it almost made Russian S1 1400 today
  • #26,149
  • Nov 8, 2018 8:12am Nov 8, 2018 8:12am
Quoting Boulder
{quote} yeah its against my H1 trend...,,,I have 40 pips stop for ea trades.....
Quoting gatorinla
closing below 1423 today wouldn't be a good sign for bulls about 1382.8 tomorrow
PA certainly is not impressive to the upside............

There's the reaction at the 1403x norm and H1 oscillator divergence, but not much follow-thru yet...

Still have five locked, so it's not going to be a loser anyway....maybe just a time waster....lol
  • #26,150
  • Nov 8, 2018 8:22am Nov 8, 2018 8:22am
Quoting Boulder
{quote} lol...you can't blame me... but a machine... I am so tired of manual trading..... too many sleepless nights...I let machine to take over.. if this M15 ea is not working.. I will switch to H1 ea..
Maybe you should try trading the ES or CL futures. The day sessions start at 9:30 and 9:00 A.M. respectively, and you really don't want to trade those markets outside of the day session. Tick value is $12.50 for the ES and $10 for the CL, so you may not want to use large stops.

40 tick stops on any of these futures contracts(6E is also $12.50 per tick) would give me ulcers.......lol
  • #26,151
  • Nov 8, 2018 8:25am Nov 8, 2018 8:25am
Let's get 'em Boulder!

16 ticks locked....
  • #26,152
  • Nov 8, 2018 8:26am Nov 8, 2018 8:26am
Quoting BlueCirrus
{quote} Maybe you should try trading the ES or CL futures. The day sessions start at 9:30 and 9:00 A.M. respectively, and you really don't want to trade those markets outside of the day session. Tick value is $12.50 for the ES and $10 for the CL, so you may not want to use large stops. 40 tick stops on any of these futures contracts(6E is also $12.50 per tick) would give me ulcers.......lol
40 pips is my max pain of loss... ea has its own ,, it will reverse the trade when trend changes,,,,so sometimes it will be much smaller...''
look like the long is on the right track +12 pips now...
  • #26,153
  • Edited 8:44am Nov 8, 2018 8:31am | Edited 8:44am
Quoting Boulder
{quote} 40 pips is my max pain of loss... ea has its own ,, it will reverse the trade when trend changes,,,,so sometimes it will be much smaller...'' look like the long is on the right track +12 pips now...
Hope so....This is a precarious trade, so "don't let a winner turn into a loser" is always my guiding thought....

Still 16 locked....and about 20 away from my 1st target....

MFE (Maximum Favorable Excursion) so far is 37....
  • #26,154
  • Nov 8, 2018 8:41am Nov 8, 2018 8:41am
Quoting Boulder
{quote} it needs break this daily PP 1440 first... then H1 downtrend stop 1446... then we We go for Russian R1 1458... early it almost made Russian S1 1400 today
testing..
  • #26,155
  • Nov 8, 2018 8:46am Nov 8, 2018 8:46am
gotta run.. good luck bulls/bears.
those who can, do. those who cant, talk about those who can
  • #26,156
  • Nov 8, 2018 8:55am Nov 8, 2018 8:55am
Quoting gatorinla
gotta run.. good luck bulls/bears.
Will be doing the same soon.....

I split the stops on this trade and am now trailing one with 30 locked and the second with 19 locked...

Don't have that much time to babysit it....
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 12-18 (15 Min) 11_8_2018.jpg Size: 119 KB


Edit: trailed out of one with 30...........
Attached Image (click to enlarge)
Click to Enlarge Name: after.jpg Size: 115 KB
  • #26,157
  • Nov 8, 2018 8:57am Nov 8, 2018 8:57am
Quoting Boulder
Yeah--- Starting today,, I am testing an EA to trade for me on M15 ... . I will see how that turns out ....look like it will trigger a long when this candle closes at M15.. lol... love it to buy high ....
The EA is designed according to your entry/exit rules or not ? ...
I am who I am
  • #26,158
  • Nov 8, 2018 9:31am Nov 8, 2018 9:31am
Closed the second with 28.....

Gotta run....Good luck Boulder!

If you're still thinking long, 1.1418x may be the spot...and 1424x is halfback...not trading it myself though..............
  • #26,159
  • Nov 8, 2018 9:42am Nov 8, 2018 9:42am
Quoting imwim
{quote} The EA is designed according to your entry/exit rules or not ? ...
very similar to my system,,, except I try to trade in lower time frame....quick in and out...
  • #26,160
  • Nov 8, 2018 9:59am Nov 8, 2018 9:59am
i thought it would hit >>1450<<< if 1443 allowed
those who can, do. those who cant, talk about those who can
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