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Signals for Simplicity

  • #241
  • Oct 7, 2008 7:12pm Oct 7, 2008 7:12pm
Quoting islandhome
Hi Trader

This was the post(18 of the previous thread) i was asking for an explaination to. When,what and how do you determine the 2 lot entry into the demo?

Ok I have not mentioned the second phase of the hedge demo indicator account yet. The 2nd part of the hedge account is to execute the same pairs the same direction but this time it will be 2 lots and i also added the comments "2lots" and on the terminal i check the comments so i can see where the newly 14 pairs will settle. As you can see the GU's the 1 lot and the 2 lots raced downward and will continue to reach the bottom or the SELL territory, since it is negative in the SELL territory that will make it its direction LONG, hence i traded the GU. I observe that when the 1 lot and 2 lots are adjacent to each other the trend for both is the same. Remember the "2lot" was just added lately and the 1lot one was entered since Sunday but the trend never change. I hope i explain in well. I suggest keep observing the movement of this currency and you will ntoice a lot of behavior of the pairs and innovate as you go.


many regards
that idea was abandon becasue of complication.
  • #242
  • Oct 7, 2008 7:15pm Oct 7, 2008 7:15pm
Quoting profdr
İn msn talking you sad that there are some pairs that rebel each other.these are gbp/usd- gbp/jpy , eur/usd-eur/jpn ,aud/usd- aud/jpn these are ok .
the other pairs usd/chf-chf/jpn ,cad/jpn-usd/cad. last 2 tandem is it right?
or l missed something. can u confirm it?
eritrosit
LOL is not rebel it is repel like magnet of the same poles. You get confuse about the rebel base of the moonside of Dagobah....The force be with you
  • #243
  • Oct 7, 2008 7:36pm Oct 7, 2008 7:36pm
EU/EJ are close to each other right now. So this would be a good trade - so SELL EU and BUY EJ?
  • #244
  • Oct 7, 2008 7:49pm Oct 7, 2008 7:49pm
Quoting netwrkgod
EU/EJ are close to each other right now. So this would be a good trade - so SELL EU and BUY EJ?
suggestion hold your trade the market is ranging, not good to trade. I ahve receiving PM already that many as losing today becaseu they insist to trade some are even live. That is what i am saying the 14 pairs is good in trending market but not on ranging market. But here we will learn method to continue trading but not the 14 pairs. Even tandem i will not trade as well, I will wait the London open, so i have to sleep early.
  • #245
  • Edited 9:08pm Oct 7, 2008 7:56pm | Edited 9:08pm
Hi Trader,

If I may ask.......,

Quoting trader101
suggestion hold your trade the market is ranging, not good to trade. I ahve receiving PM already that many as losing today becaseu they insist to trade some are even live. That is what i am saying the 14 pairs is good in trending market but not on ranging market. Do you have a clear method for determining overall trending versus ranging -- ie, how do you know when to stay out? If this has been asked before, my appologies, I will remove. But here we will learn method to continue trading but not the 14 pairs. Even tandem i will not trade as well, I will wait the London open, so i have to sleep early.
Thanks (Also, good to have found you here -- much respect to you!)

EDIT: Thanks for the answer below. (I didn't want to add another post - but if you read this, I appreciate your reply--that helps.)
  • #246
  • Oct 7, 2008 7:57pm Oct 7, 2008 7:57pm
Ok, thanks for that.

Are you watching the dollar index or just the 14 charts to determine a ranging market vs. a trending market?
  • #247
  • Oct 7, 2008 8:17pm Oct 7, 2008 8:17pm
Respond to question about ranging...
The Orest indic there are some figures at the bottom. on of them is the total Buys the Other is total sells then the sum of the two. I normally look at the 4 hour column Look at the T: if that value is just within the amount of spread. Say for Ibfx it is the spread is 75 if the total is just runningin that amount is within 100 - 0 and fluctuating around there then you have a ranging market. if you have trade and in profit you can wait it out because it coul dbe just consolidation. I fyou have no trade then dont trade and stay at the side line.
Julius
  • #248
  • Oct 7, 2008 8:24pm Oct 7, 2008 8:24pm
Quoting trader101
Respond to question about ranging...
The Orest indic there are some figures at the bottom. on of them is the total Buys the Other is total sells then the sum of the two. I normally look at the 4 hour column Look at the T: if that value is just within the amount of spread. Say for Ibfx it is the spread is 75 if the total is just runningin that amount is within 100 - 0 and fluctuating around there then you have a ranging market. if you have trade and in profit you can wait it out because it coul dbe just consolidation. I fyou have no trade then dont trade and stay at the side line.
Julius
Ok great, thank you that helps a lot.
  • #249
  • Oct 7, 2008 8:36pm Oct 7, 2008 8:36pm
Glad to see the rebels regrouping! Looking forward to the journey. Julius, you've taken a couple of shorts the last few Sundays. I know these are exceptional times, but were those two shorts the result of your long-term IA signaling short? Or was there another impetus?
  • #250
  • Oct 7, 2008 8:43pm Oct 7, 2008 8:43pm
Quoting netwrkgod
Ok great, thank you that helps a lot.
The new ProfitCalc5 i have incorporated a line that will recommend the most profittable trade: and if it is ranging it will show "NONE". Right now i am testing this before releasing to the public. Here is the sneak view.
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  • #251
  • Oct 7, 2008 8:46pm Oct 7, 2008 8:46pm
Quoting MasterBlaster
Glad to see the rebels regrouping! Looking forward to the journey. Julius, you've taken a couple of shorts the last few Sundays. I know these are exceptional times, but were those two shorts the result of your long-term IA signaling short? Or was there another impetus?
Yes, reinforced by my fundamental background being a news trader myself. I just wait for one jump very agresive approach but glad it made through.
  • #252
  • Oct 7, 2008 8:59pm Oct 7, 2008 8:59pm
Julius,
New indicator looks great, will you be writting scripts for the Yen and $ Buys and Sells (ohh yes and next year I will provide you with my Social Security number so you can write me off of your taxes LOL) in 2 weeks I have become a dependant.

Thanks for everything!

Jim
  • #253
  • Oct 7, 2008 9:07pm Oct 7, 2008 9:07pm
Quoting trader101
The new ProfitCalc5 i have incorporated a line that will recommend the most profittable trade: and if it is ranging it will show "NONE". Right now i am testing this before releasing to the public. Here is the sneak view.
Yes, I like it !!
  • #254
  • Oct 7, 2008 9:20pm Oct 7, 2008 9:20pm
Quoting trader101
The new ProfitCalc5 i have incorporated a line that will recommend the most profittable trade: and if it is ranging it will show "NONE". Right now i am testing this before releasing to the public. Here is the sneak view.
looks great !!
  • #255
  • Oct 7, 2008 9:24pm Oct 7, 2008 9:24pm
Quoting Jimbop
Julius,
New indicator looks great, will you be writting scripts for the Yen and $ Buys and Sells (ohh yes and next year I will provide you with my Social Security number so you can write me off of your taxes LOL) in 2 weeks I have become a dependant.

Thanks for everything!

Jim
Glad you like it. I tested it signal with tradersg this afternoon and i make 1600 pips in a ranging market buying the Jpy pairs, so is tradersg. The jest is that we have to be trader first before becoming a programmer. A trader/programmer is different from a programmer/trader. I am excited with this new indicator just making sure we have all what we need and it will take care the selection process for us including tha market dynamics.
  • #256
  • Oct 7, 2008 10:08pm Oct 7, 2008 10:08pm
off to bed now, ill see you London Open.
Julius
  • #257
  • Edited 12:42am Oct 8, 2008 12:09am | Edited 12:42am
Anything with jpy is moving jpy is off the chart strong right now.

Out with $510 05:15 GMT
Out again with $510 05:20 GMT

JPy is cooling off now. That was fun 05:31 GMT

Here it goes agaon JPy super strong 05:35

Weakness in Aud Cad GBP 05:38

We can see all of this in the way the pairs are moving across.

Cooling off again


Out again at $310 05:40 GMT that's it for me I am done for the night.
  • #258
  • Oct 8, 2008 1:12am Oct 8, 2008 1:12am
Signing up.

Lenoxer
  • #259
  • Edited 1:45am Oct 8, 2008 1:26am | Edited 1:45am
Just one more quick thing. Notice right now how all of the JPy pairs have moved out toward the extremes. notice what is populating the center of the AI. Think about those currencies individually and think about if say USD is strong or weak is Cad stong or weak ect... If a currency were somewhat neutral where would it be on the AI?

Try to think about Market flow. How do these currencies relate to each other? So that means from what I saw above when I took the jpy trades and the movement of the pairs, was that JPY and CHF was where the strength was. Weakness was in CAD AUD and GBP

06:31 GMT My IBFX from 10/06 is now at the Apex with Shorts on top Longs on bottom.
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  • #260
  • Oct 8, 2008 2:16am Oct 8, 2008 2:16am
Ok, so now that the London Open, look at what currencies are gaining strength. on the AI I posted, both gbpusd and eurgbp have jumped up. What does that mean? it means, GBP is now getting stronger. It means that EUR is now getting stronger. It means that JPY is weaker. Get the idea?

See that eurchf has dropped and eurusd has dropped what does that mean? chf is weaker and usd is weaker.

OK lol, i'll give it rest now...
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