And also, good night to you, have a great week-end and let's have a super trading week next week OKAY? YES.
Supernova GBP/JPY Mini Trend Catcher
LOL Acko,
I don't have either an attic or garage (which keeps me out of trouble accumulating stuff hehehe). But you should see the house tho. Nah I won't make a SCREEN SHOT of my house !!!! But I'll just tell you this, since you're my intimate friend hehe, in my tiny office from where I'm now typing this, I have so MANY PILES OF STUFF that even our DOG (a mature golden retriever) does NOT enter cause he's too afraid of a cataclysmic event happening if a pile decides to BADABOUM and then we enter into a major domino effect. And that's just my office.
Except I understand my own chaotic system. And everytime I decide to put some order into this mess, then I CAN'T FIND ANYTHING ANYMORE !
Just for those who haven't pondered upon the carry trade. I just thought I'd mention this.
This thread isn't about carry trades, however it might be of some help just to KNOW this.
GBPJPY is a total winner (see attached table). In an uptrend, that is.
Here is how things are calculated. The interest rate in the UK is (last time I checked anyway) 5.5%. In Japan (hi my friends in Japan
where it's currently 9:50 am SATURDAY morning - here's it's 8:50 pm FRIDAY evening 
amazing, I still can't grapple this time difference thing chatting with people who are in MY TOMORROW, my future! but at the same time lol)
OK so interest differential is 5.75 - 0.5 = 5.25%
If you're in a long trade @ 17h your time, your broker will debit your account with interest (regardless of if trade is in the red or green -- or in any other colour for that matter).
Calculate this. On 100 K (1 lot standard account) 5% per year is 5,000$ USD. However, GBP versus USD is about twice, so 5,000$ becomes 10,000$ USD.
So you just take out a long, on a Tuesday morning when in an uptrend, an away you go making about 30$ a day interest (which eventually adds up to 10K after one year, regardless of if the actual price is going up or down).
Now of course, we'd rather have the price GO UP, understand me here lol. But apart from the July Aug retrace, it's BEEN going up ever since 2000 I believe.
Making a 10K gain on 100K is cool (10%). But here, ya don't need to put up 100K because you're using 100:1 leverage (on most accounts this is standard leverage), you only need about 2K of your own cash (or only one on 200:1 leverage). Fire up a calculator and do this:
If I can get 10K by putting up 2K, what's my ANNUAL RATE OF RETURN?
Have fun!
This thread isn't about carry trades, however it might be of some help just to KNOW this.
GBPJPY is a total winner (see attached table). In an uptrend, that is.
Here is how things are calculated. The interest rate in the UK is (last time I checked anyway) 5.5%. In Japan (hi my friends in Japan
where it's currently 9:50 am SATURDAY morning - here's it's 8:50 pm FRIDAY evening amazing, I still can't grapple this time difference thing chatting with people who are in MY TOMORROW, my future! but at the same time lol)OK so interest differential is 5.75 - 0.5 = 5.25%
If you're in a long trade @ 17h your time, your broker will debit your account with interest (regardless of if trade is in the red or green -- or in any other colour for that matter).
Calculate this. On 100 K (1 lot standard account) 5% per year is 5,000$ USD. However, GBP versus USD is about twice, so 5,000$ becomes 10,000$ USD.
So you just take out a long, on a Tuesday morning when in an uptrend, an away you go making about 30$ a day interest (which eventually adds up to 10K after one year, regardless of if the actual price is going up or down).
Now of course, we'd rather have the price GO UP, understand me here lol. But apart from the July Aug retrace, it's BEEN going up ever since 2000 I believe.
Making a 10K gain on 100K is cool (10%). But here, ya don't need to put up 100K because you're using 100:1 leverage (on most accounts this is standard leverage), you only need about 2K of your own cash (or only one on 200:1 leverage). Fire up a calculator and do this:
If I can get 10K by putting up 2K, what's my ANNUAL RATE OF RETURN?
Have fun!
i have been trading off 5 and 15 min. next week I'll be on 10min, 30 min and 4hour
not at the same time, because that's greedy lol
Is being fried in a toaster even possible? Hmmm.
Think I'll entitle my new book about crashing my account "Fried in the Toaster" heheh
Dunno if it’s because I drank too much (highly probable) or didn’t have my glasses on (highly probable 2) or if there was a typo on TV screen (possible but unlikely), does that give a BLUE DOT on the screen? heheh ........ but I swear I saw Pipsarevic as the tennis player’s name on my TV screen.
But it’s Tipsarevic. T not P.
lol anyway, I think I’m seeing too may pips in my environment.
Off to snooze-land to dream about short pips diving into the Grand Canyon with a pool cap on heheheh and then rising up (taking pool cap off) and growing wings and flying all the way up Mount Everest with a smile on their face...
But it’s Tipsarevic. T not P.
lol anyway, I think I’m seeing too may pips in my environment.
Off to snooze-land to dream about short pips diving into the Grand Canyon with a pool cap on heheheh and then rising up (taking pool cap off) and growing wings and flying all the way up Mount Everest with a smile on their face...
- #572
- Sep 1, 2007 1:59am Sep 1, 2007 1:59am
Hey thanks for that Musketeer,
However for various reasons (geographical mainly and I won't get into details) my possibilities are quite limited (because of laws and such I can't open an account in the US). My current options are only Questrade and Oanda (and if I had more capital, I would definitely look into Interactive Brokers - but they have a 25K$ min. opening amount and I'm not there yet)
But anyway, thanks for sharing that, others might benefit from the info.
cheers
- #573
- Sep 1, 2007 2:22am Sep 1, 2007 2:22am
Just for those who haven't pondered upon the carry trade. I just thought I'd mention this.
This thread isn't about carry trades, however it might be of some help just to KNOW this.
GBPJPY is a total winner (see attached table). In an uptrend, that is.
Here is how things are calculated. The interest rate in the UK is (last time I checked anyway) 5.5%. In Japan (hi my friends in Japan
OK so interest differential is 5.75 - 0.5 = 5.25%
If you're in a long trade @ 17h your time, your broker will debit your account with interest (regardless of if trade is in the red or green -- or in any other colour for that matter).
Calculate this. On 100 K (1 lot standard account) 5% per year is 5,000$ USD. However, GBP versus USD is about twice, so 5,000$ becomes 10,000$ USD.
So you just take out a long, on a Tuesday morning when in an uptrend, an away you go making about 30$ a day interest (which eventually adds up to 10K after one year, regardless of if the actual price is going up or down).
Now of course, we'd rather have the price GO UP, understand me here lol. But apart from the July Aug retrace, it's BEEN going up ever since 2000 I believe.
Making a 10K gain on 100K is cool (10%). But here, ya don't need to put up 100K because you're using 100:1 leverage (on most accounts this is standard leverage), you only need about 2K of your own cash (or only one on 200:1 leverage). Fire up a calculator and do this:
If I can get 10K by putting up 2K, what's my ANNUAL RATE OF RETURN?
Have fun!
learned on hard way...
?
Hello iam new in this forum "Hello all"
iam very interessted in the Super Nova System but i work with the Tradestation 8.3 (tradestation.com) and they have not a QQe indikator (alarm) or a T3 Mov Avg. So i can not build the System
can anyone help me to rebuild or transform the System for the tradestation please?
Thanks
Orbito
iam very interessted in the Super Nova System but i work with the Tradestation 8.3 (tradestation.com) and they have not a QQe indikator (alarm) or a T3 Mov Avg. So i can not build the System
can anyone help me to rebuild or transform the System for the tradestation please?
Thanks
Orbito
Well before staring at charts took over mine hehehe GAMES took over my life LOL. I can tell you that ALL games (I'm not kidding here) that I ever started, I finished (not that one can't finish a game, but I love reaching my objectives, I'm kinda, hmmm, PERSERVERANT <- is that a word???
Can't name them all, there are too many and I would scare some people off with the actual number (scaring myself off actually
--> Does the subject line of this thread say it's "trading related"?
I'm getting there. About 2 years ago (or something) BANG. I install this game, start playing it, and wammo, like Napoleon reaching his Waterloo (sorry for the bad citation, history is not my strongest asset) I -- for the FIRST TIME -- couldn't finish a game. Actually, I think I never even got past level 4 or 5 (of many more than that). Geeze I've managed restaurants, hotels, huge buildings, elevator systems, factory systems, farms, cities, whole COUNTRIES AND NATIONS AGAINST EACH OTHER and I can't do this one.
What was the name of that game? CAPITALIST II (never found CAPITALIST I anywhere, weird)
Anyway so off I go into "real life" trying to learn about finance and managing a company and stock and trades and all that in order to gain some knowledge to get back to CAPITALIST II......... well, I end up not going back to the game at all and actually becoming a trader LOL.
End of story of my life. Now if I can only WIN THIS GAME hehehehe.
P.S. I have the disk of that game if you want I can send you the image of it. Had trouble completing the second part also but the first one was easy as taking a walk in the park!
LeoBond
thank you for answere. i have promgrammed some systems on tradestation but what i need i the simple code of the T3 indicator and the QQe alert so i can read it to transform in easy language?
i´m a beginner in Forex (under 1 Year). Have you other Systems for Tradestation that helps to finde the Right choice?
Thank You
Orbito
Ps: Sorry for my English i´m from German and my English has a long time Sleeping
i´m a beginner in Forex (under 1 Year). Have you other Systems for Tradestation that helps to finde the Right choice?
Thank You
Orbito
Ps: Sorry for my English i´m from German and my English has a long time Sleeping