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Rainbow Patterns/Observations

  • #141
  • Nov 4, 2007 2:42am Nov 4, 2007 2:42am
OK, does anyone know if you can export your trade history/statements from oanda?

I'm sitting here trying to count my trades and I keep having to start over because it's all piled together. It would be a lot easier if I could export a .csv or something so I could work with it in a spreadsheet.

Anyone know if this is possible?
  • #142
  • Nov 4, 2007 2:57am Nov 4, 2007 2:57am
after reading all .. i'm still confused. have anyone made $$ consistently ? Any statements to hep us learn ?In hindsight all colored rainbows look wonderful - just wondering ..
  • #143
  • Nov 4, 2007 4:01am Nov 4, 2007 4:01am
Quoting buddy
after reading all .. i'm still confused. have anyone made $$ consistently ? Any statements to hep us learn ?In hindsight all colored rainbows look wonderful - just wondering ..
How does a statement help you learn?

Yes, I am making money.

I'm not going to put any thing relating to my personal finances on a public forum.

I don't know why everyone makes such a big deal about this...if you put in the time and effort, it's not hard to make money consistently. Yes, there is quite a process to go through as a new trader, but it pays off if you keep going. If you haven't read it, get Trading In The Zone by Mark Douglas. If your scalping(or discretionary trading), then use the book to get through your mental blocks, but don't get caught up on the other stuff, unless you are system trading.
  • #144
  • Nov 4, 2007 5:32am Nov 4, 2007 5:32am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting nhallmark
OK, does anyone know if you can export your trade history/statements from oanda?

I'm sitting here trying to count my trades and I keep having to start over because it's all piled together. It would be a lot easier if I could export a .csv or something so I could work with it in a spreadsheet.

Anyone know if this is possible?

Click... ACCOUNT -> FULL TRANSACTION HISTORY...

This will open a webpage where you select you date range... Default output is HTML... You can select .CSV...


Magnus
  • #145
  • Nov 4, 2007 9:54am Nov 4, 2007 9:54am
Quoting nhallmark
That's a good way to do it...I notice my best days are when I stop myself before I trade and make sure my mindset is up to par before I start.

I don't do it every day because i forget(and/or Im unwilling) and I pay the consequences.
If you like Trading in the Zone by M.Douglas, there is a 'Trading affirmations' CD , based on the book, which you can play to yourself to get into the right mindset or 'the zone'. I have found this to be useful in my trading.
  • #146
  • Nov 4, 2007 11:23am Nov 4, 2007 11:23am
how many trades are you taking on per day, on average of course, for the past month? i have been scalping live and i have been putting in 10-40trades per days....95% hit rate.

also, do you put a manual stop loss in? or just just mental?what are your losses like? i try to get out with the most of -7pips on a bad trade.

i try to accumalate pips but just grabbing 1 pip per trade and trade all round the clock. wait for set ups of course but just grabbing 1-2 pips...and with oanda and the eur/usd .9 spread its a reality now. eur/usd doesn't move as fast as eur/jpy but i feel mytrading is better trading eur/usd. since trading rainbow, profits been great...almost 20%/week real account.

used to trade gbp/jpy lol...almost lost my shirt this time a year ago.

thanks

JL
  • #147
  • Nov 4, 2007 2:10pm Nov 4, 2007 2:10pm
Firstly congrats on your 95% success rate, I think we would all love to get anywhere near that....can i just ask a few questions...
Are you 95% successfull as you only go for 1 or 2 pips or thats simply your preferred way?
As so many on here and LTs thread are still wondering whats the best way to use the rainbow..would you mind explaining a little how you use it and what you use as an entry setup?
thanks
  • #148
  • Nov 4, 2007 2:29pm Nov 4, 2007 2:29pm
Quoting nhallmark
LOL I'm liking your new title "I'm scalping inside of your candle".

Teach me scalping bro!
Thanks Nathan, I mean "bra"! LOL

Quoting nhallmark
How does a statement help you learn?

I don't know why everyone makes such a big deal about this..
I swear that if I see this request one more time...

Quoting arielkorber
If you like Trading in the Zone by M.Douglas, there is a 'Trading affirmations' CD , based on the book, which you can play to yourself to get into the right mindset or 'the zone'. I have found this to be useful in my trading.
I'll look for that for sure! Awesome!
Also: Have you read "The Disciplined Trader" by Douglas?

Let's make this an excellent week guys!
  • #149
  • Nov 4, 2007 3:25pm Nov 4, 2007 3:25pm
Quoting Yuppie
Click... ACCOUNT -> FULL TRANSACTION HISTORY...

This will open a webpage where you select you date range... Default output is HTML... You can select .CSV...


Magnus
LOL, I've done this...it will let you read it online in .csv(which is pointless) but you can't download it.

The point of downloading it would be to put it in a spreadsheet and work with it a lot faster. Oh well, I'll just count by hand, I guess.

I forgot oanda doesn't have resources for traders that actually make money LOL.
  • #150
  • Nov 4, 2007 3:32pm Nov 4, 2007 3:32pm
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting nhallmark
...I forgot oanda doesn't have resources for traders that actually make money LOL.
Nice one...

What about copying and pasting it into excel... I did this and it seemed to tabulate fine for me...

Maybe your after the data in a particular format though......


Magnus
  • #151
  • Nov 4, 2007 4:13pm Nov 4, 2007 4:13pm
Quoting Yuppie
Nice one...

What about copying and pasting it into excel... I did this and it seemed to tabulate fine for me...

Maybe your after the data in a particular format though......


Magnus
Oh, you can do that? LOL, I'm using google spreadsheets(on a mac) so I will try it there and see.

If this works, I'm going to feel like an idiot LOL.
  • #152
  • Nov 4, 2007 5:10pm Nov 4, 2007 5:10pm
Wow, that worked. A lot easier.

Anyway...

11/1/07

58 trades total(I thought it was more too)

45 wins
13 losses

This works out(rounded) to a 78% win ratio.

+123 pips total

The biggest win was +15 with the biggest loss being -7.

Wow, it's not that great actually LOL.

Anyway, hope that helps,
Nathan

P.S. For those not following, this was for the fall on EUR/JPY on 11/1/07 NY session.
  • #153
  • Nov 4, 2007 5:27pm Nov 4, 2007 5:27pm
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting nhallmark
Wow, that worked. A lot easier.

Anyway...

11/1/07

58 trades total(I thought it was more too)

45 wins
13 losses

This works out(rounded) to a 78% win ratio.

+123 pips total

The biggest win was +15 with the biggest loss being -7.

Wow, it's not that great actually LOL.

Anyway, hope that helps,
Nathan

P.S. For those not following, this was for the fall on EUR/JPY on 11/1/07 NY session.

Yeah, it certainly looked a lot more than that... [probably felt it too ]...

You say not that great... BUT, the increase in account balance is really the the best guage is it not... Bear in mind, the range that day was about 200 pips... I reckon scalping nearly 2/3 of that is something to cheer about...

Pretty much an 80% win/loss ratio... Good stuff...


Thanks for that info Nathan, really appreciated,

Magnus
  • #154
  • Nov 4, 2007 6:54pm Nov 4, 2007 6:54pm
nhall, whats your average winning trade?

JL
  • #155
  • Nov 4, 2007 6:57pm Nov 4, 2007 6:57pm
Quoting nhallmark
Wow, that worked. A lot easier.

Anyway...

11/1/07

58 trades total(I thought it was more too)

45 wins
13 losses

This works out(rounded) to a 78% win ratio.

+123 pips total

The biggest win was +15 with the biggest loss being -7.

Wow, it's not that great actually LOL.

Anyway, hope that helps,
Nathan

P.S. For those not following, this was for the fall on EUR/JPY on 11/1/07 NY session.


GREAT JOB!!!!!!!
  • #156
  • Nov 4, 2007 8:53pm Nov 4, 2007 8:53pm
Nathan.... good job,man.
  • #157
  • Nov 5, 2007 5:42am Nov 5, 2007 5:42am
Thanks guys. JL, I will figure out the average win/loss tomorrow and let you know.

With my newfound computer skills(copy&paste into spreadsheet LOL), I think I can actually get a solid idea of where I'm at and how I'm really performing. Thanks Magnus.

Brent and arielkorber, be careful with that trading affirmations CD. My girlfriend is a hypnotherapist, so when I first started this I got her to make me a CD reading the mantra with brain entrainment(google it LOL) and I found that the part about cutting your losses short was playing out in my trading as "get out as soon as it ticks against you" which killed any success I had going at the time.

Anyway, just listen to it once and write down what it says and make sure you completely agree with everything it says...you get my point.
  • #158
  • Nov 5, 2007 10:42am Nov 5, 2007 10:42am
Quoting nhallmark
I found that the part about cutting your losses short was playing out in my trading as "get out as soon as it ticks against you" which killed any success I had going at the time.
Interesting that you mention that, Nathan.
I've noticed many times that, like you say, when
trades get into any kind of negative territory, that
"truism" will pop into my head wreaking havoc.
The times that I'm able to recognize that this is
just the workings of fear, I'm able to stay objective.
Quoting linuxtroll
If you have fear stay out of scalping...
If not, you know what happens. You get shaken out
on just a slight bump in the rainbow. LOL
Can your GF suggest something to bring out the
Lion-Heart and keep us objective when scalping?
That would be awesome!
Have a great day Nathan (and best to your better 1/2 - LOL)

Brent
  • #159
  • Nov 13, 2007 9:00am Nov 13, 2007 9:00am
Quoting nhallmark
Trades for Monday night (10/8/07)

+12 pips total

I'm watching the momentum on MB since you can't see it on oanda. I'm realizing how important this really is. After awhile, you get a "sense" of when it's about to break and when it's a dud.

Charts...
Nathan,

Can you expand on how you observe momentum on MB, and how you apply it to the Rainbow?

Thanks!

Paul
  • #160
  • Nov 15, 2007 2:22pm Nov 15, 2007 2:22pm
Quoting JLivermore
nhall, whats your average winning trade?

JL
For that session, my average was about 7 pips. Overall, it keeps changing. Some days it will be 13-15 while others it will be 2 pips.

I keep track of $ amounts now more than pips, so I'm not sure what the average is over a long period of time.

Hope this helps.
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