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The Swamp

  • #61,541
  • Apr 29, 2020 11:14am Apr 29, 2020 11:14am
Mnuchin squawking. No airline bailout??
those who can, do. those who cant, talk about those who can
  • #61,542
  • Apr 29, 2020 11:19am Apr 29, 2020 11:19am
Quoting gatorinla
Mnuchin squawking. No airline bailout??
Well there is only so much money they can inject into the economy without creating massive inflation
  • #61,543
  • Apr 29, 2020 11:20am Apr 29, 2020 11:20am
Quoting gatorinla
{quote} season 1, episode 2. starting 3, a traders life.
I think I'll finish Breaking Bad today. I'm a LONG way behind when it comes to TV.
Focus.
  • #61,544
  • Apr 29, 2020 11:21am Apr 29, 2020 11:21am
;
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  • #61,545
  • Apr 29, 2020 11:22am Apr 29, 2020 11:22am
Quoting Marco-Kanto
{quote} I think I'll finish Breaking Bad today. I'm a LONG way behind when it comes to TV.
long long behind

you should all try “Gommora” italian series.
thr best i ever watched
  • #61,546
  • Apr 29, 2020 11:24am Apr 29, 2020 11:24am
Quoting gatenio
{quote} long long behind you should all try “Gommora” italian series. thr best i ever watched
Stopped after three seasons. Even staring at charts was less boring then Gomorra, lol. I am more of a Top Boy fan. Damn, that’s what you call a good serie.
  • #61,547
  • Apr 29, 2020 11:30am Apr 29, 2020 11:30am
Quoting Pip-loser
{quote} Gator, can I get your opinion on this. I applied this to the EUR/USD D1 Chart {image}
The small triangles within the body of the candle/wick are your entries, correct?
Focus.
  • #61,548
  • Apr 29, 2020 11:35am Apr 29, 2020 11:35am
Quoting Mitiblotch
Short EA from 6662. I hope it keeps going down. Lol
Move SL to entry. Already 60 pips up!
  • #61,549
  • Apr 29, 2020 11:41am Apr 29, 2020 11:41am
Quoting Pip-loser
{quote} NO You enter at the opening on the Daily candle. The methodology doesn't change regardless of time frame. Ignore the triagle. It is not important. All entries regardless of time frame, is on the OPENING of the candle. No other time
I know how the indicator works, it's these triangles that interest me. They have a purpose, associated specifically with the indicator. Could you let me know what they are, or link to the indi file for investigation. Thx.
Focus.
  • #61,550
  • Apr 29, 2020 11:48am Apr 29, 2020 11:48am
Quoting broketrader
{quote} Have nothing to do this coming couple of days + weekend, I will try to reverse-engineer it from the screen-shots, just for the challenge Let's see if I come to something close to that...
Alright, good one. Let's see what you come up with. Thank you.
  • #61,551
  • Apr 29, 2020 11:53am Apr 29, 2020 11:53am
Quoting Pip-loser
{quote} Gator, can I get your opinion on this. I applied this to the EUR/USD D1 Chart - Look at The results. For Each Buy and Sell signal, you enter the trade at the opening of the candle. The current white candle is today, April 29, 2020 Yesterday was the signal to Buy. (Thats the previous Blue Candle) April 28, 2020 This chart goes all the way back to January 23, 2020 Look at each entry and exit and calculate the pips made on exit. Its just too good to be true. Tell me what you think. Look at the pips and how long you have to hold the trade if...
Thats 1/3 of trading. Entry signals. Next is when do you admit to yourself you are wrong. Close for loss. Last one is when to TP. All are equally important.
  • #61,552
  • Apr 29, 2020 12:05pm Apr 29, 2020 12:05pm
Quoting Pip-loser
{quote} Marco-Kanto, Open your mind. Try now to look at the chart and ignore the triangle and focus only on entering at the opening of the candle. For it to work you have to close your mind to the triangles. Remember the signal appears at the opening of the candle. The triangle you are interested in is not important. Open your mind. Respectfully. I can illiminate the Triangle and then you will have nothing to focus on but the entry signal.
Pip-Loser, respectfully, open your ears. I'm not asking you questions because I want the answer, I'd rather you tried thinking about what you're saying.

You're back testing a manual system by sight on historical charts. Many indicators work retrospectively. But the fractal indicator is a lagging indicator. It's not going to signal until a chart pattern has formed. Take the signal circled in green on your chart, that didn't magically appear at the close of the previous candle. It wouldn't be until the current candle pushed below the low of the previous, which seems to be indicated by the triangles. So your signals look nice and obvious on a historical chart, but they don't actually appear until the candle formation completes.

I hope it works for you. But you also state that you're running with no defined risk. I can see a few instances on the charts you've posted you'd be chasing your tail if you were to follow the indi.

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Focus.
  • #61,553
  • Apr 29, 2020 12:08pm Apr 29, 2020 12:08pm
Something is up. CHF keeps moving up and EUR is not moving. SNB intervening a little?
  • #61,554
  • Edited 12:37pm Apr 29, 2020 12:10pm | Edited 12:37pm
Quoting kasper
Something is up. CHF keeps moving up and EUR is not moving. SNB intervening a little?
haha probably selling francs and buying dollars and some euros for today and tomorrow. SNB very sneaky.Look at eurchf.

It's what breaks the...

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  • #61,555
  • Apr 29, 2020 12:25pm Apr 29, 2020 12:25pm
Quoting Pip-loser
{quote} The indicator appears on the opening of the candle.
Well now you have my attention.

Quoting Pip-loser
{quote} To prove your theory wrong: Wouldn't all the other candles along the way then have an indicator arrow to sell or buy?
Of course not, only those that are part of a specific candle pattern.
Focus.
  • #61,556
  • Apr 29, 2020 12:41pm Apr 29, 2020 12:41pm
Quoting Pip-loser
{quote} Look at the entry price for yesterday's BLUE candle that gave the BUY signal {image}
So why not take the trade when the signal appears, rather than waiting for the next candle?
Focus.
  • #61,557
  • Apr 29, 2020 1:01pm Apr 29, 2020 1:01pm
Quoting Pip-loser
{quote} Got more signals on the smaller timeframe and missed them because we are conversing.
It's very odd that you can miss a signal. Surely you just check each timeframe you're interested in trading as the candle completes. Your magic indicator will, or will not appear. If your indi appears with a directional signal at the close of a candle you know exactly when it will, or will not appear. And therefor exactly when to look.
Focus.
  • #61,558
  • Apr 29, 2020 1:01pm Apr 29, 2020 1:01pm
short 0868, sl 10 pips
  • #61,559
  • Apr 29, 2020 1:02pm Apr 29, 2020 1:02pm
Quoting gatenio
short 0868, sl 10 pips
the quickest lost ever lol
  • #61,560
  • Apr 29, 2020 1:04pm Apr 29, 2020 1:04pm
Quoting gatorinla
{quote} possible buy 0838/44 some support. tp high or higher {image}
high touched..
those who can, do. those who cant, talk about those who can
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