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  • #121
  • Edited 7:39pm Jan 6, 2007 7:14pm | Edited 7:39pm
Quoting Keivan
Hi, Would anyone advice about adding Rainbow to Oanda FXGame?
Thanks
Plot EMAs 2-233 with 7 colors (Red, Orange, Yellow, Green, Cyan, Blue, Purple)... and do not forget to save the layout... :o)
  • #122
  • Jan 7, 2007 8:57am Jan 7, 2007 8:57am
Linuxtroll , is it like 2-red 3orange 4 yellow , and then again with same colours ? Do i need to enter 233 ema's manually on the chart ?? thanks
  • #123
  • Jan 7, 2007 9:20am Jan 7, 2007 9:20am
Linux just one question, do u smoke and listen to raggy while trading ?...
its just money
  • #124
  • Jan 7, 2007 11:12am Jan 7, 2007 11:12am
Quoting JodyOng
Just wanted to butt in and say, he's not a trader. He's an investor, there's a distinct difference =\ And I heard he lost 900 million shorting the dollar.

He is really breakeven on his currencies trade. He closed half position at loss and other made up for it. If you follow his trades you will know.
  • #125
  • Jan 7, 2007 4:39pm Jan 7, 2007 4:39pm
Quoting Iskander
Linuxtroll , is it like 2-red 3orange 4 yellow , and then again with same colours ? Do i need to enter 233 ema's manually on the chart ?? thanks
Yes, you must plot them manually... Group them into 7 and give color... You can do it with intervals too... say 2,5,8 etc...
  • #126
  • Jan 7, 2007 4:39pm Jan 7, 2007 4:39pm
Quoting de123
Linux just one question, do u smoke and listen to raggy while trading ?...
I do not smoke... So I let my avatar smoke... I trade, hack and golf... LoL :o)
  • #127
  • Jan 7, 2007 4:59pm Jan 7, 2007 4:59pm
Anyone noticed Rob Booker got 4 dots and his joined date adjusted to 2004?
  • #128
  • Jan 7, 2007 5:05pm Jan 7, 2007 5:05pm
Quoting linuxtroll
Anyone noticed Rob Booker got 4 dots and his joined date adjusted to 2004?
hmmmm.......
  • #129
  • Jan 8, 2007 3:19am Jan 8, 2007 3:19am
Linuxtroll, the more I look and try your set up the more I like it. Interesting, I tried to make my own system with Moving Average and levels. But now I see no reason to bother with levels if you can plot so many EMA.

By the way, so far I have four questions.
1. Do you stay away from any news time complitly?
2. What trading sesions is best or it dosen't matter?
3. You exit on some particular color or you don't use some particular color to exit?
4. What is optimal stop losses on 1 min charts for GBP/USD?
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #130
  • Jan 8, 2007 4:38am Jan 8, 2007 4:38am
Linuxtroll

Which do you prefer, 2-233 or 5-235.....

As I see you mentioned both?

thanks
  • #131
  • Jan 8, 2007 6:53am Jan 8, 2007 6:53am
Quoting Westie
Linuxtroll

Which do you prefer, 2-233 or 5-235.....

As I see you mentioned both?

thanks
Whichever works for your eyes and brain to spot entry/exit... Possiblities are endless with different fib numbers, different interval, zoom level (with candles or without candles), colors (Rainbow or single color) and timeframe (from 5 sec to 1 week chart)... :o)
  • #132
  • Jan 8, 2007 7:00am Jan 8, 2007 7:00am
By the way, so far I have four questions.
1. Do you stay away from any news time complitly?
--
No... All moves must pass through 5 sec or 30 sec chart...
--
2. What trading sesions is best or it dosen't matter?
--
Whenever market is active more pips... Small target anytime...
--
3. You exit on some particular color or you don't use some particular color to exit?
--
Based on the pattern - you must have a lot of screen time to master the entry/exit point...
--
4. What is optimal stop losses on 1 min charts for GBP/USD?
--
Never used stop loss with my trading style... Pattern gives stop and reverse points...
--
  • #133
  • Jan 8, 2007 8:30am Jan 8, 2007 8:30am
Dear linuxtroll,
Would you please advice how many pips do you collect each day with rainbow indicator and does Oanda does not have any problem with this kind of trading?
May have more information about one day of trading with this method?
How many Trades per day?
Average time long for each trade?
and average profit pips per trade?

Your reply is highly appreciated,
Thanks
Keivan
[email protected]
  • #134
  • Edited 6:54pm Jan 9, 2007 6:41pm | Edited 6:54pm
After scalping for two days, I get slitly negative balance. A lots of good trades and couple bad ones which wiped out all profit and more
So now I have tree more questions
1. Is it WRONG to trade against trend when you scalping, asuming trend shows where EMA250 heading.
2. To figure out trend is it enough to have 1 minute chart and look where EMA250 headed or you have to look on 5 min chart for confirmation?
3. Is it enough to use rainbow set up alone or is it nessesery to use CCI21 along with rainbow set up?
And thanks Linuxtroll for your reply before.
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.
  • #135
  • Jan 9, 2007 7:22pm Jan 9, 2007 7:22pm
Quoting Keivan
Dear linuxtroll,
Would you please advice how many pips do you collect each day with rainbow indicator and does Oanda does not have any problem with this kind of trading?
May have more information about one day of trading with this method?
How many Trades per day?
Average time long for each trade?
and average profit pips per trade?

Your reply is highly appreciated,
Thanks
Keivan
[email protected]
Send a PM...
  • #136
  • Jan 9, 2007 7:30pm Jan 9, 2007 7:30pm
1. Is it WRONG to trade against trend when you scalping, asuming trend shows where EMA250 heading.
No trends for scalper... but trend is a friend...
--
2. To figure out trend is it enough to have 1 minute chart and look where EMA250 headed or you have to look on 5 min chart for confirmation?
1 min is fine...
--
3. Is it enough to use rainbow set up alone or is it nessesery to use CCI21 along with rainbow set up?
CCI 21 in H1 chart will help to capture big moves...
--
And thanks Linuxtroll for your reply before.

No problem...
  • #137
  • Jan 9, 2007 8:33pm Jan 9, 2007 8:33pm
linuxtroll, could you please clarify how you use the CCI 21 to help you enter/exit?
  • #138
  • Jan 9, 2007 8:38pm Jan 9, 2007 8:38pm
any "scalpers" concidering shorting USDCAD with a stop just above the 62% fib retracement 1.1782?

5min RSI is also overbought.
just food for thought.

i shorted it just for fun with one cent! heh.
  • #139
  • Jan 9, 2007 8:54pm Jan 9, 2007 8:54pm
well im getting paid now 5cents


anyone else?
  • #140
  • Jan 11, 2007 11:35am Jan 11, 2007 11:35am
Linuxtroll,
You suggest CCI 21, and at one time you suggested CCI 55. What do you feel is ideal for the 5m, 1m and down to the pip charts?
Just1pip
Quoting karma729
linuxtroll, could you please clarify how you use the CCI 21 to help you enter/exit?
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