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Justin's Playground

  • #2,461
  • Feb 26, 2020 5:46pm Feb 26, 2020 5:46pm
Quoting Hutch
{quote} Normal for newbies to have no respects for MAs but they will learn I looked at trading NG with my broker but the volume is way too low so there are gaps even on M1 charts. Does your market profile indicator help your trading?
I do have market profile in my chart but it's not really useful to my strategy. I know many people like it though.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,462
  • Feb 27, 2020 3:13am Feb 27, 2020 3:13am
Korean president Moon is a super idiot. He's pro-China, pro-N.Korea and anti-U.S. socialist. He didn't block Chinese coming into Korea not to upset Chinese government. Now, S.Korea's become the second biggest infection country and even Chinese local governments now block Koreans coming. Mr. Moon even freely provided 3 million face masks to China early. Now we don't have enough face masks in the market and their price flies high. Many countries already have blocked Koreans coming and it's just matter of time U.S. also blocks Koreans. People are just so much angry to him and his government. Old saying is "Incompetent command general is even more dreadful than enemies"....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,463
  • Feb 28, 2020 1:59am Feb 28, 2020 1:59am
Smoothed RSI

I like it. Nothing wrong with indicators as long as you use them correctly as a 'reference'. You don't need to be an indicator hater.

https://forex-station.com/viewtopic....75#p1295404475
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,464
  • Feb 28, 2020 2:25am Feb 28, 2020 2:25am
It's rainy in Seoul. Markets and people all look gloomy.
This is for people who lost sleep.........
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,465
  • Edited 4:28am Feb 28, 2020 4:17am | Edited 4:28am
Quoting heispark
Smoothed RSI I like it. Nothing wrong with indicators as long as you use them correctly as a 'reference'. You don't need to be an indicator hater. https://forex-station.com/viewtopic....75#p1295404475 {image} {file}
I agree nothing wrong with indicators but certainly not this one if you want to stay healthy
sorry,my mistake , it's actually a good indicator if you had gone long from wr61-100
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the cautious seldom err....C
  • #2,466
  • Feb 28, 2020 4:31am Feb 28, 2020 4:31am
Quoting pips29
{quote} I agree nothing wrong with indicators but certainly not this one if you want to stay healthy {image}

Yes, we can sleep well when we have a hard stop just like you do....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,467
  • Feb 28, 2020 4:37am Feb 28, 2020 4:37am
Quoting heispark
{quote} Yes, we can sleep well when we have a hard stop just like you do....
the cautious seldom err....C
  • #2,468
  • Feb 28, 2020 4:56am Feb 28, 2020 4:56am
No wonder our stock market is going down. Of all the industrialized countries we have the most to lose when China has problems.
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  • #2,469
  • Mar 4, 2020 2:34am Mar 4, 2020 2:34am
Quoting heispark
I don't use WCU (World Currency Unit) strategy any more but I miss it time to time. Believe or not, it has some magical edge. The following is for Gold. Gold may go down sooner or later. I used to make consistent profit using WCU. This was the only strategy I found profitable in Forex trading. Someone may want to try using it with Elliott Wave theory (if you know how to use EW) or harmonic patterns (I tried it without much success). It works until next black swan visits you...... {image}{image}
I may add Forex to my portfolio again. I was missing WCU strategy so much, which was the only forex trading strategy I found profitable. However, this time I may limit my TF to daily with hard stop loss. I will make it very simple removing all the harmonic patterns, pivot or strength meter garbage. I will only use WCU this time.
By the way, AUDCHF is currently historic low......
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,470
  • Mar 4, 2020 7:23am Mar 4, 2020 7:23am
Quoting heispark
{quote} I may add Forex to my portfolio again. I was missing WCU strategy so much, which was the only forex trading strategy I found profitable. However, this time I may limit my TF to daily with hard stop loss. I will make it very simple removing all the harmonic patterns, pivot or strength meter garbage. I will only use WCU this time. By the way, AUDCHF is currently historic low...... {image}{image}{image}
80%+ of my trades are done on D1 charts. I simply use an EMA cross 10/21 with two SS2009 indicators that can be found easily on the web
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  • #2,471
  • Mar 4, 2020 10:17am Mar 4, 2020 10:17am
Quoting Hutch
{quote} 80%+ of my trades are done on D1 charts. I simply use an EMA cross 10/21 with two SS2009 indicators that can be found easily on the web {image}
A quick Google search says SS2009 is repainting......... Do you know that?
Repainting doesn't necessarily mean garbage but personally I don't use any repainting indicator.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,472
  • Mar 4, 2020 10:44am Mar 4, 2020 10:44am
Quoting heispark
{quote} A quick Google search says SS2009 is repainting......... Do you know that? Repainting doesn't necessarily mean garbage but personally I don't use any repainting indicator. {image}{image}
Yes I know they repaint but on a D1 chart it has no effect. I would never use them on a timeframe lower than H4.
  • #2,473
  • Mar 4, 2020 9:43pm Mar 4, 2020 9:43pm
I am suffering from Rithmic data latency issue for more than a month. Yesterday was especially terrible and I lost $50 due to late entry and exit caused by this latency. In Futures business, everything is so much complicated.... platforms, data, computers, Internet connection, ...etc. Forex is the simplest in trading environment. I think that's why so many people love Forex.
The details of my issue: https://www.elitetrader.com/et/threa...-issue.341144/
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,474
  • Mar 4, 2020 11:40pm Mar 4, 2020 11:40pm
Quoting heispark
{quote} I may add Forex to my portfolio again. I was missing WCU strategy so much, which was the only forex trading strategy I found profitable. However, this time I may limit my TF to daily with hard stop loss. I will make it very simple removing all the harmonic patterns, pivot or strength meter garbage. I will only use WCU this time. By the way, AUDCHF is currently historic low...... {image}{image}{image}
Added EURNZD and NZDJPY for fun...... Demo account.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,475
  • Mar 5, 2020 1:23am Mar 5, 2020 1:23am
Quoting heispark
{quote} Added EURNZD and NZDJPY for fun...... Demo account. {image}
EURNZD produced my best trade last year
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  • #2,476
  • Mar 5, 2020 5:34am Mar 5, 2020 5:34am
Funny. Two algos fighting each other? Obviously, it's not done by humans...
/NG 1M.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,477
  • Mar 5, 2020 5:39am Mar 5, 2020 5:39am
Quoting heispark
Funny. Two algos fighting each other? Obviously, it's not done by humans... /NG 1M. {image}{image}
Sell algo WIN!
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,478
  • Mar 5, 2020 10:11pm Mar 5, 2020 10:11pm
Quoting heispark
{quote} Added EURNZD and NZDJPY for fun...... Demo account. {image}
Both stopped out. Glad it's a demo....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,479
  • Mar 7, 2020 4:26am Mar 7, 2020 4:26am
Quoting heispark
I am suffering from Rithmic data latency issue for more than a month. Yesterday was especially terrible and I lost $50 due to late entry and exit caused by this latency. In Futures business, everything is so much complicated.... platforms, data, computers, Internet connection, ...etc. Forex is the simplest in trading environment. I think that's why so many people love Forex. The details of my issue: https://www.elitetrader.com/et/threa...-issue.341144/
I think this Rithmic latency issue is a similar case to the CQG latency issue I experienced before…. More details: https://www.elitetrader.com/et/threa...3#post-5028450
I am making things unnecessarily complicated.... I think that's my nature...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,480
  • Mar 8, 2020 8:01pm Mar 8, 2020 8:01pm
People are over reacting to this Corona virus. It's nothing more than a new flu as Trump said. It'll disappear by the summer and people will forget about it quickly. We S.Korea have suffered several pandemic diseases regularly due to high population density but they all disappeared less than 6 months. Don't worry too much. It's not the end of the world.
Simplicity is the ultimate sophistication - Leonardo da Vinci
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