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The Swamp

  • #61,561
  • Apr 29, 2020 1:07pm Apr 29, 2020 1:07pm
FMOC press link

https://www.federalreserve.gov/live-broadcast.htm
  • #61,562
  • Apr 29, 2020 1:20pm Apr 29, 2020 1:20pm
Quoting Pip-loser
{quote} discussing this.
So, coming back to this image. The arrow circled appeared at the close of the white candle and didn't move for the duration of the candle it sits above? What would've happened to that arrow if the candle below it hadn't gone down? Would it have disappeared?

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Focus.
  • #61,563
  • Apr 29, 2020 1:21pm Apr 29, 2020 1:21pm
Quoting Pip-loser
{quote} Correct and all this time I was not looking at the daily. I just looked at the daily and shared it with gator for his opinion just now, thats how we ended up discussing this. This is why I ask to be fact checked as we go along, because I am learning and making notes from everyone and my own experience and the chart itself. Again I am just experimenting and thats why I reached out to the thread for fact checking, which you are masterfully doing. You, i'll be back, swd etc so far. Im just trying to test this thing out and you are all helping....
sorry not going along with your con, you are going in my ignore list
A good trader follows his rules, but great trader knows when to break them
  • #61,564
  • Apr 29, 2020 1:21pm Apr 29, 2020 1:21pm
I am flat too. I prefer to be flat if possible daily. We never know what tomorrow will throw at us. I am waiting for the press conference before I decide to go long or short. Tomorrow we have the ECB press conference so be careful as it could go either way again tomorrow. Today has been a bit slow for me as I decided to slow it down going into today's news. By the way I only trade the Euro USD pair.


Cheers

Jeff
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I EAT PIPS
  • #61,565
  • Apr 29, 2020 1:22pm Apr 29, 2020 1:22pm
EU short here 0872
  • #61,566
  • Apr 29, 2020 1:25pm Apr 29, 2020 1:25pm
Quoting Pip-loser
{quote} Im not in any trade, but I am learning. Imagine what I can do next week, when this week ends with all the data I have gathered. Price is at 1:08728 now before conference in 10 mins Lets see how this goes.
You might have something there. All you need now is back testning it from 2010 and forward. Its impossible to draw conclusions from 40-ish candles.
Just write down all the trades, profitable as well as losses and see if it gives you an edge. Then its all psychology from there.
  • #61,567
  • Apr 29, 2020 1:31pm Apr 29, 2020 1:31pm
Quoting Boulder
FMOC press link https://www.federalreserve.gov/live-broadcast.htm
press started...
  • #61,568
  • Apr 29, 2020 1:34pm Apr 29, 2020 1:34pm
Quoting Pip-loser
{quote} TheSwede please see previous post before I started sharing this for you all to fact check. {quote} {quote}
My bad.

When you back tested it what was you max drawdown? Number of loosing trades in a row?
  • #61,569
  • Apr 29, 2020 1:35pm Apr 29, 2020 1:35pm
Quoting ill_be_back
{quote} sorry not going along with your con, you are going in my ignore list
Con? I am not selling anything. I am asking to be fact checked.
I have no ulterior motive.
I am not selling anything.

I am asking for help with testing a tool and learning from everyone's feed back.

Thanks for your previous help.

I dont know how the ignore list works, but if that is your desire, thank you again for your help.
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,570
  • Apr 29, 2020 1:42pm Apr 29, 2020 1:42pm
Powell just said no limits on what they can do !!!


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I EAT PIPS
  • #61,571
  • Apr 29, 2020 1:46pm Apr 29, 2020 1:46pm
if hour close above 0883 this is the bears end short term
  • #61,572
  • Apr 29, 2020 2:14pm Apr 29, 2020 2:14pm
Quoting Pip-loser
{quote} Now you see why I took this to the thread, because when I back test it, there were no losing trades. And I find that hard to believe. So I said to myself, i must be going crazy. This can't be real. So that's why I brought it to the thred asking for help to fact check this thing. SO now Im trading it in real time, with real money just to see. So if I have witnesses and from their input as I go along we all see this together then I know I am not crazy. I don't believe this thing, so I need corroboration before I am convinced. Now I hear I...
Why don't you just trade it with real money for 1 year and come back and tell everyone how you did, if you must. That way you will know how it does for real.
  • #61,573
  • Apr 29, 2020 2:27pm Apr 29, 2020 2:27pm
Both EU and Swiss have same direction in trends atm...I rarely see trends like this... one maybe a fake move.....Good luck if you trade both...
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  • #61,574
  • Apr 29, 2020 2:28pm Apr 29, 2020 2:28pm
Quoting Pip-loser
{quote} Correct! But first, I am soliciting feedback by asking others to fact check this and this helps with opening my eyes to something new that I may never have seen before. Look how much i have learnt since week. I am making notes. If this thing really works, then I shut my mouth and disappear. You'll never hear from me again. Friday is the start of a new month. So Im testing the waters this week to take a leap of faith, starting Friday, to seriously see this thing through. I'm not selling anything or conning anyone, I'm just asking for help...
ok. But I have not said or implied you are a conman. It's not my thread so it's not for me to really say anything like that. Anway, must be getting on, I have a few things to do.
  • #61,575
  • Apr 29, 2020 2:29pm Apr 29, 2020 2:29pm
Quoting Pip-loser
{quote} Correct! But first, I am soliciting feedback by asking others to fact check this and this helps with opening my eyes to something new that I may never have seen before. Look how much i have learnt since week. I am making notes. If this thing really works, then I shut my mouth and disappear. You'll never hear from me again. Friday is the start of a new month. So Im testing the waters this week to take a leap of faith, starting Friday, to seriously see this thing through. I'm not selling anything or conning anyone, I'm just asking for help...
It just looks like halftrend indicator to me
You can lead a horse to water, but you can't make it drink
  • #61,576
  • Apr 29, 2020 2:34pm Apr 29, 2020 2:34pm
Quoting swd
{quote} ok. But I have not said or implied you are a conman. It's not my thread so it's not for me to really say anything like that. Anway, must be getting on, I have a few things to do.
not you swd

Here you go:
Quoting ill_be_back
{quote} sorry not going along with your con, you are going in my ignore list
Cancelled Membership, Accused By FF Member(i'll Be Back) of Being A Con Man
  • #61,577
  • Apr 29, 2020 2:34pm Apr 29, 2020 2:34pm
FOMC done? Woke up to see how it looks, seems not much volatility this time around.

Manage to get 1 short at 0880+, doubt it will go to 0887 for another (unless a news breaks). Not opening much trades unless it’s a tested wicks and tails area - EU news later as well. Well, back to sleep.
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #61,578
  • Apr 29, 2020 3:02pm Apr 29, 2020 3:02pm
Quoting Pip-loser
{quote} My first trade that I posted was Sell EUR/USD 1.08296 and it went down 20 pips and reversed and I missed the BUY signal because I was asleep and it went against me 55+ pips.
Quoting Pip-loser
{quote} My first trade in the thread, I fell asleep and I missed the opportunity to capitalise. that trade i closed with no loss,
You may not be selling anything, but something sure smells of shit in here.
Focus.
  • #61,579
  • Apr 29, 2020 3:07pm Apr 29, 2020 3:07pm
Quoting Mitiblotch
Short EA from 6662. I hope it keeps going down. Lol
Out. 51 pips in the bag!
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  • #61,580
  • Apr 29, 2020 3:35pm Apr 29, 2020 3:35pm
Quoting Pip-loser
{quote} Based on your avatar, close your mouth and smell again. lol lol I'm sorry, I couldn't resist that one. I didn't mean it. Sorry Marco-Kanto - Please forgive me. I was only trying to be funny. Please you are welcome to retaliate in kind or take the high road as mature as we all are in here. My sincerest apology again. I was rude. On a serious note though, im just experimenting and you have been quite productive in helping me and I thank you.
I get something similar to you at least on the daily BUT at the close of the candle, not the open, I don't understand how you can get those arrows at the open.
For me it's not possible...

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