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  • #3,681
  • Nov 16, 2007 11:42am Nov 16, 2007 11:42am
OK now make that 17 pips profit, but still...
  • #3,682
  • Nov 16, 2007 11:51am Nov 16, 2007 11:51am
Quoting FiboFan
I'm not sure what to say other than I just watched the EJ move over 100 pips in the last hour or so and I only profited 11 pips.
I'm somewhat dissapointed in my self for not doing MUCH better than that.
Yes. We need to always improve but you did well I think!
I keep this funny picture as my wallpaper to remind me of
the old saying that your job is to catch the "Meat of the Move".
Later you'll get Fillet Mignon. A good hamburger will work too for now.
But, seriously 11 pips for an hours work is no chopped liver. LOL
:
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  • #3,683
  • Nov 16, 2007 12:00pm Nov 16, 2007 12:00pm
Well that is better than I would have done a month ago, or even a week ago, for that matter.

When I first started trading I refered to it as my "gift", my ability to loose money almost every single trade, even in the best market conditions.

Even an ape randomly clicking the mouse could have done better back then.
  • #3,684
  • Nov 16, 2007 12:01pm Nov 16, 2007 12:01pm
Quoting FXSurfer
Yes. We need to always improve but you did well I think!
I keep this funny picture as my wallpaper to remind me of
the old saying that your job is to catch the "Meat of the Move".
Later you'll get Fillet Mignon. A good hamburger will work too for now.
But, seriously 11 pips for an hours work is no chopped liver. LOL
:

always nice to see ur comments...
  • #3,685
  • Edited 12:35pm Nov 16, 2007 12:24pm | Edited 12:35pm
Because fillings... Its would be better when u entered with stop and limit orders, but u only can do that when u use a priceladder or SuperDOM with oneclick placement... there u can place ur orders stops, targetprofits, target strategies, and u can always cancel all in one second...

I have practiced a little bit with Ninjatrader SuperDOM and this tool is so awesome, when u place it right to ur chart (nearest Position to price ) that is direct execution or intuitive order execution...

Oanda is slow and market orders at efx are bad, so when price gets action oanda chart everytime lagging, and price from efx is hopping around...

I meet tomorrow my programmer and hope he can make me this tool...

Also that we can use a spread as low as 1/10th we could programm the tool that the you can buy/sell at 1/5th pips for better entries

162.50
162.498
162.496
162.494
162.492
162.49

How looks that? But this have to open separatly maybe when u go over price lets say u hover the line between .50 and .49 then a little drpodown menu with the increments come...
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  • #3,686
  • Nov 16, 2007 12:52pm Nov 16, 2007 12:52pm
Quoting Iqtrading
I have practiced a little bit with Ninjatrader SuperDOM
Is Ninja DOM Price Ladder working now for live Forex? I thought
it's demo only. It would sure be nice. Placing orders like you
are talking about sounds great! I hope you'll keep us posted.
  • #3,687
  • Nov 16, 2007 12:52pm Nov 16, 2007 12:52pm
...
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  • #3,688
  • Nov 16, 2007 1:12pm Nov 16, 2007 1:12pm
Quoting FXSurfer
It's a real benefit of this very short TF method. If you decide for whatever
reason to give it a break, there's ALWAYS next hour, or session.
For myself, I take a break and watch some TV, go out on some errands etc.
after every trade - win or loss. It really helps me.

Just when you think it can't get any better around here, this thread
moves to another level! Well done, everyone. This has got to be giving
Father Troll a warm fuzzy feeling.
Father Troll can scalp 24h and cooking something to get 99.9% hit rate... LoL
  • #3,689
  • Nov 16, 2007 1:14pm Nov 16, 2007 1:14pm
Quoting rabi35
Thanks. I like the 180 better. I like the BB signal because I think the rainbow technique exploits the volatility and what better way to confirm it then through BB indicator. Thanks again.

Rabi
You only need Rainbow... and LTSS... to make money...
  • #3,690
  • Nov 16, 2007 1:16pm Nov 16, 2007 1:16pm
Quoting FXSurfer
Took < 3 min. to get 6 pips on London open.




Actual trade time about 30 seconds.

You can always Repeat... Until.... LoL

IFF you have mastered the Cyrox Rainbow in 5sec or xtick chart...
  • #3,691
  • Nov 16, 2007 1:18pm Nov 16, 2007 1:18pm
Quoting FiboFan
Ycomp,
Your right about the 3-3:30pm EST being excellent for trading. I thought Linuxtroll meant 3am when I first read it.
Yesterday I made several 10 pip winning trades each one less than 2 minutes.

You know the more I trade and get better at it the more I understand, believe, and agree with EVERYTHING that was said in the first post.
Way to go... Charge on... Make Millions...
  • #3,692
  • Nov 16, 2007 1:23pm Nov 16, 2007 1:23pm
Quoting ycomp
3am EST is excellent... that is London open. (I think)
Also try 6:00-8:00 am EST... Everyday...
  • #3,693
  • Nov 16, 2007 1:27pm Nov 16, 2007 1:27pm
Quoting FlashCall
It seems that Oanda slips my trades (6 / 10). Just bad-luck or is my i.net connection just slower...?

Really thinking moving to an ECN. How is EFX / MBT? Cannot compare the demo to real, it seems there is a price differents.
Always good to trade through ECN with future in mind...
  • #3,694
  • Nov 16, 2007 1:28pm Nov 16, 2007 1:28pm
Quoting amenlo9
choppy US session.my entry was not so good (late).but before market open it was a strong uptrend.so most of the time it will be downtrend on this session.this trade just a bonus trade.you can always take some of your small profit(extra money) to train yourself.even your fail,but at least you still are being positive day and you will learned somethings.
Absolutely...
  • #3,695
  • Nov 16, 2007 1:50pm Nov 16, 2007 1:50pm
Quoting shutopia
Has anyone heard much or have an update about the LT's proposed project involving a separate data feed and some sort of 10sec chart that helps rainbow scalpers enter a trade?
I am working on it... Many interesting outcomes... Still cooking... No time for golfing...
  • #3,696
  • Nov 16, 2007 1:57pm Nov 16, 2007 1:57pm
Quoting linuxtroll
I am working on it... Many interesting outcomes... Still cooking... No time for golfing...
Datafeed??? Will we get another phenomenal invention from you???
  • #3,697
  • Nov 16, 2007 2:03pm Nov 16, 2007 2:03pm
http://www.ageconcernkingston.org/im...inbow-flag.jpg
  • #3,698
  • Nov 16, 2007 2:09pm Nov 16, 2007 2:09pm
Quoting Iqtrading
Datafeed??? Will we get another phenomenal invention from you???
Already invented it last year... Must test it... Always trying to keep it simple and smart... ladder is part of it, but difficult to find good open source programmers who can integrate real-time feeds and who are familiar with FIX at the other end to execute the trades using ladder with multiple strategies (like button trader)...
  • #3,699
  • Nov 16, 2007 2:12pm Nov 16, 2007 2:12pm
Quoting Iqtrading
http://www.ageconcernkingston.org/im...inbow-flag.jpg
Only 6 colors in the modern Rainbow? LoL :
  • #3,700
  • Nov 16, 2007 2:18pm Nov 16, 2007 2:18pm
Quoting linuxtroll
Already invented it last year... Must test it... Always trying to keep it simple and smart... ladder is part of it, but difficult to find good open source programmers who can integrate real-time feeds and who are familiar with FIX at the other end to execute the trades using ladder with multiple strategies (like button trader)...
i don't understand the FIX thing, as i asked my broker, he said its not available for retailers...

For what is it? i have seen that are directly connected Buyersides and Sellersides... but how can i visualize something in my head that i understand how it works and what it really do...
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