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The Swamp

  • #120,761
  • Jan 27, 2025 8:44pm Jan 27, 2025 8:44pm
Late Friday when the gbp didnt close above 2494. I brewed this plan to long 2406ish... It was a 2499 tp or more like 1.2749.. But st 2477 has merit. Keep in mind its bearish below 2442..But 2406ish may bounce it..GBP. A long at 2406 has to get back above 2442.. Its like eu 0456..Since PA is above 2442 its at support..Sustained below is a b/o. So my Friday plan has it a possible long 2406 area. The chart has a template. You can adjust to your licking. There is always a risk. This is the 350 pip one i mentioned. lick it b4 u stick it.
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those who can, do. those who cant, talk about those who can
  • #120,762
  • Edited 9:27pm Jan 27, 2025 9:05pm | Edited 9:27pm
Quoting gatorinla
Late Friday when the gbp didnt close above 2494. I brewed this plan to long 2406ish... It was a 2499 tp or more like 1.2749.. But st 2477 has merit. Keep in mind its bearish below 2442..But 2406ish may bounce it..GBP. A long at 2406 has to get back above 2442.. Its like eu 0456..Since PA is above 2442 its at support..Sustained below is a b/o. So my Friday plan has it a possible long 2406 area. The chart has a template. You can adjust to your licking. There is always a risk. This is the 350 pip one i mentioned. lick it b4 u stick it. {image}
Look st the GBP is bearish below 2442 sustained. 2406 can be a large support. If it falls hard below. My stop will be hit. Unlike a lot of your my trade size self adjust to my stop loss in %. My lot size may seem large at times. But it only a %age. That's the disadvantage to risking a flat 10 pips or whatever. To make 25 pips or 100. You should look into using a trade manger. Risking one lot to make 25 pips, is a disadvantage to risking 1 lot to make 100 pips.
those who can, do. those who cant, talk about those who can
  • #120,763
  • Edited 9:31pm Jan 27, 2025 9:18pm | Edited 9:31pm
Quoting LoneTrader1
{quote} Good call! I also raised . Saved me some. Didn't get much but I can use the bullets again.
I dont mind losing that .5% if it had closed 0457+. But it looked like the low would be tested. And maybe a resumption when it closed under 0456.. That was bearish to me. I ended up with over 2%. The s/l saved me 2.5%. if later its closing above 0457.. Its neutral with a decent chance of reaching 0499

If it reaches 0403ish it may be exhausted. Hopefully it or 0377 will catch an up attraction to 0499. I try to trade exhausted edges.
At 0430 it was 69 pips from 0499. That's usually good enough for me. But it didnt close above 0456. So I had to yield
those who can, do. those who cant, talk about those who can
  • #120,764
  • Jan 28, 2025 5:02am Jan 28, 2025 5:02am
Advanced School Run Strategy.

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https://www.tradingview.com/script/G...-Run-Strategy/
  • #120,765
  • Edited 6:05am Jan 28, 2025 5:48am | Edited 6:05am
No bounce yet, but no 1.2406 or 1.0403ish either.
those who can, do. those who cant, talk about those who can
  • #120,766
  • Jan 28, 2025 6:09am Jan 28, 2025 6:09am
Quoting CogAlpha
Advanced School Run Strategy. {image} https://www.tradingview.com/script/G...-Run-Strategy/
Tom Hougaard student?
those who can, do. those who cant, talk about those who can
  • #120,767
  • Jan 28, 2025 6:15am Jan 28, 2025 6:15am
Quoting gatorinla
{quote} Tom Hougaard student?
I am not really a Student, I am Trading a lot different. (I do at times use some of his stuff, as the ASRS)
I like what he does for the Trading community and thought the Script might help others out!

Thats all.
  • #120,768
  • Jan 28, 2025 6:19am Jan 28, 2025 6:19am
Quoting CogAlpha
{quote} I am not really a Student, I am Trading a lot different. (I do at times use some of his stuff, as the ASRS) I like what he does for the Trading community and thought the Script might help others out! Thats all.
Do you have a "school run" script fo meta4?
those who can, do. those who cant, talk about those who can
  • #120,769
  • Jan 28, 2025 6:23am Jan 28, 2025 6:23am
Quoting gatorinla
{quote} Do you have a "school run" script fo meta4?
Sorry I dont, I currently code only stuff for Tradingview platform, as its a lot more fun.
  • #120,770
  • Jan 28, 2025 7:32am Jan 28, 2025 7:32am
I took these short positions on simulated

EU
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  • #120,771
  • Jan 28, 2025 7:34am Jan 28, 2025 7:34am
Quoting LoneTrader1
I took these short positions on simulated EU {image}
GU
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  • #120,772
  • Jan 28, 2025 8:13am Jan 28, 2025 8:13am
Quoting LoneTrader1
I took these short positions on simulated EU {image}
In the end, we only regret the chances we didn't take. Missed opportunities often linger in our minds, leaving us wondering what might have been. The fear of failure can hold us back, but it's the untried paths that often lead to the greatest regrets.
  • #120,773
  • Jan 28, 2025 8:49am Jan 28, 2025 8:49am
A slow day. I'm in no hurry to take a trade until it meets my levels. So i may get no trades.
those who can, do. those who cant, talk about those who can
  • #120,774
  • Jan 28, 2025 9:01am Jan 28, 2025 9:01am
Quoting CogAlpha
{quote} Sorry I dont, I currently code only stuff for Tradingview platform, as its a lot more fun.
I'm no coder. I tried a few times with pine script. Some worked most didnt. I will tell you one you may like. A set number of candles (adjustable number). (Time frames setting adjustable) that appear on all time frames.
The high and low. For example using a 1h chart. The indicator set on 3 candles day (high low). On my 1h chart I can see where a breakout may happen, or a stronger support or resistance. A level with more merit for a stronger reaction. I would see the 3 day candle high/low level on any timeframe. So i could zoom in on a 1 minute or whatever.
those who can, do. those who cant, talk about those who can
  • #120,775
  • Jan 28, 2025 9:20am Jan 28, 2025 9:20am
Quoting gatorinla
{quote} I'm no coder. I tried a few times with pine script. Some worked most didnt. I will tell you one you may like. A set number of candles (adjustable number). (Time frames setting adjustable) that appear on all time frames. The high and low. For example using a 1h chart. The indicator set on 3 candles day (high low). On my 1h chart I can see where a breakout may happen, or a stronger support or resistance. A level with more merit for a stronger reaction. I would see the 3 day candle high/low level on any timeframe. So i could zoom in on a 1...
// Inputs numDays = input.int(3, title="Number of Days", minval=1) referenceTimeframe = input.timeframe("D", title="Reference Timeframe") // Calculate high and low over the adjustable number of reference periods highLevel = request.security(syminfo.tickerid, referenceTimeframe, ta.highest(high, numDays)) lowLevel = request.security(syminfo.tickerid, referenceTimeframe, ta.lowest(low, numDays)) // Plot high and low levels plot(highLevel, title="High Level", color=color.green, linewidth=2, style=plot.style_line) plot(lowLevel, title="Low Level", color=color.red, linewidth=2, style

I got a bug in this. This may help some pick a better entry point. A meta 4 one would be good for some too
those who can, do. those who cant, talk about those who can
  • #120,776
  • Jan 28, 2025 9:28am Jan 28, 2025 9:28am
Quoting LoneTrader1
I took these short positions on simulated EU {image}
When it was unable to take 0456.. -0456 was bear to me. Above it neutral. I tried that long at 0430 when the window was open. But later 0456 matured and pa was below it. So I cant long without it reaching a support. Its on the bear side of 0456. 0403 was never reached.. So I didnt long. I may look at 037x instead.+ 0375 area may yield 0440ish. tweak it later. When eu is not going back to 0499, gu either. Its liley trying to turn bearish. So an entry at 0374/75 may be enough











=
those who can, do. those who cant, talk about those who can
  • #120,777
  • Edited 9:55am Jan 28, 2025 9:39am | Edited 9:55am
Canceling my pendings .. I will pend one at 373x..stop 71x. Pa looks to be bearish. If it gets sustained above 0456 today. That would change my view
those who can, do. those who cant, talk about those who can
  • #120,778
  • Jan 28, 2025 9:52am Jan 28, 2025 9:52am
Quoting gatorinla
{quote} // Inputs numDays = input.int(3, title="Number of Days", minval=1) referenceTimeframe = input.timeframe("D", title="Reference Timeframe") // Calculate high and low over the adjustable number of reference periods highLevel = request.security(syminfo.tickerid, referenceTimeframe, ta.highest(high, numDays)) lowLevel = request.security(syminfo.tickerid, referenceTimeframe, ta.lowest(low, numDays)) // Plot high and low levels plot(highLevel, title="High Level", color=color.green, linewidth=2, style=plot.style_line) plot(lowLevel, title="Low Level",...
Cool, will take a look at it! Thanks!
  • #120,779
  • Jan 28, 2025 9:55am Jan 28, 2025 9:55am
I tightened the pending further.
tp 0424..
those who can, do. those who cant, talk about those who can
  • #120,780
  • Jan 28, 2025 9:58am Jan 28, 2025 9:58am
Quoting CogAlpha
{quote} Cool, will take a look at it! Thanks!
If you fix it. send it back. If you can put a center level line between the high and low point. That gives a possible reference maybe to take some off the table.
those who can, do. those who cant, talk about those who can
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