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Signals for Simplicity

  • #381
  • Oct 10, 2008 12:03am Oct 10, 2008 12:03am
Hndyman,

Thks for the cute and easy chart. Simple and cool.
  • #382
  • Edited 4:45am Oct 10, 2008 12:30am | Edited 4:45am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
i've just run the 2protect Ea, i clicked allow live trading, but there's no other inputs? is this correct and what will the EA do?

also my anchors AJ and AU are now middle pairs and jumping all over the place - time to exit the sell?

i was wrong, the sells are now moving futher into profit - i misread my platform, they jumped 2 places from the anchor points and i sold them now the sells are moving nicely.

edit: sold short 14pairs today at 0600 gmt and again at 1000gmt, been trying the 2protect and so far locked in 600pips. was closed out on the first set for 400pips, so guess it's working fine and i don't need any other inputs.
  • #383
  • Oct 10, 2008 5:15am Oct 10, 2008 5:15am
Quoting trader101
Well said...Ronald
Can you just imagine that the best programmer is already in our side here. Just think for a moment if this some 2 cents method, can we pulled this smart people?? There is potential here people, do not waste this opportunity to be in the early part of this history making system that is given to you for free. Stop making all those foolish remarks and learn and innovate, you will discover something i havent yet. I have not fully explored the cave of treasure that i am showing you, go explore yourself, i kknow there a lot in there but dont wait for me to tell you where to go..I preliminarily give you a sketch of my two years of exploring and i have discoved a lot already, go explore it and tell me of your find. I am not asking apercentage of what you get. Just the stories of your adventure. Read the other thread, the smart thread they are discovering new ideas every posting i read. All i do is just tell them of the pitfalls that i have encountered earlier in my exploration. And for Christ sake, i am urging you to do the same stop holding on to my pants it makes us move slower. I hope you understand all this rantings i have. Thanks
Julius
hey Julius, thanks you for showing us all where the treasure cave's at.its up to us as individuals to explore and dig for the treasures. Just as RR has mentioned "be brave". I did walk stright in into a pool of quick sand while exploring (due to lack of experience) but i did too dig up gold worth 700+ pips.
And when i tell my stories of my advanture, it would begin with how one day julius aka T101 gave me a treasure map.

Thanks bro,
I will make it a point to dropby your city to buy you a cup of coffee, when i have the chance to go to the states. As a way of my appreciation.
Hope you can include me in your future msn meeting. would like to avoid any quicksand, its rather difficult getting out

enjoy you weekend eveyone

now, where is that snagIT download?...............hehe just kiddin...lol
  • #384
  • Oct 10, 2008 5:30am Oct 10, 2008 5:30am
Further - In pursuit of knowledge and to be professional about what we are doing their are some websites and articles that might help to educate and understand, to quote the summary from the Investodpedia article.

Summary
To be an effective trader, it is important to understand how different currency pairs move in relation to each other so traders can better understand their exposure. Some currency pairs move in tandem with each other, while others may be polar opposites. Learning about currency correlation helps traders manage their portfolios more appropriately. Regardless of your trading strategy and whether you are looking to diversify your positions or find alternate pairs to leverage your view, it is very important to keep in mind the correlation between various currency pairs and their shifting trends

http://www.investopedia.com/articles.../05/051905.asp

http://www.mataf.net/en/tools/correlation-table

http://www.forex-trading-online.co.u...orrelation.htm


Quoting St_frito
hey Julius, thanks you for showing us all where the treasure cave's at.its up to us as individuals to explore and dig for the treasures. Just as RR has mentioned "be brave". I did walk stright in into a pool of quick sand while exploring (due to lack of experience) but i did too dig up gold worth 700+ pips.
And when i tell my stories of my advanture, it would begin with how one day julius aka T101 gave me a treasure map.

Thanks bro,
I will make it a point to dropby your city to buy you a cup of coffee, when i have the chance to go to the states. As a way of my appreciation.
Hope you can include me in your future msn meeting. would like to avoid any quicksand, its rather difficult getting out

enjoy you weekend eveyone

now, where is that snagIT download?...............hehe just kiddin...lol
  • #385
  • Oct 10, 2008 8:26am Oct 10, 2008 8:26am
A clear lesson for jumping pairs technique also known as tandems.
Two charts are attached, the Franco’s excel and the Oanda Platform.
Your attention to the Excel chart first: This screen shot was around MnNY.
Trade was also entered around that time.

Compare the 21 Sep and 28 Sep columns. Placement of pairs is identical. That will give us the basis for this week as this currency over time in your chart will be identical in placement. Now look at the 5 Oct column, in order to copy the two columns at its left, The following pairs must move according to:

1) GBPCHF must move down – meaning buy GbpChf
2) EURGBP must move down – meaning sell EurGbp
3) EURUSD must move up - meaning sell EurUSD
4) USDJPY must move down - meaning buy UsdJpy
5) USDCHF must move up – meaning buy UsdChf

The meaning of this move is explained in the previous thread and many other posting, so don’t ask me how come.
Now this morning look at the Oanda Account..Did we got this right?? I am not saying that you will get these results all the time but the percentage of you being right is extremely high, above 80% probability. I hope that this jumping pairs explanation could eliminate some doubts and nagging questions in your mind. Do not ask me about the other currencies because with this technique I normally just trade 2 or 4 sometimes 5 pairs depending of how strong the correlation is. The extreme currencies are pretty solid in their spot already no need to disturb them. Please study this and you may find more setup like this and remember this is not cast in stone that it is like this al the time. Let that grey matter work sometimes, its just common sense. Thanks
Julius
Attached Image(s) (click to enlarge)
Click to Enlarge Name: OandaBAsis.GIF Size: 84 KB
Click to Enlarge Name: OandaBAsis1.GIF Size: 121 KB
  • #386
  • Oct 10, 2008 8:49am Oct 10, 2008 8:49am
Clear enough, master T101. I now identify my mistakes already.

Thanks a lot!

Helix
  • #387
  • Oct 10, 2008 9:38am Oct 10, 2008 9:38am
Quoting trader101
A clear lesson for jumping pairs technique also known as tandems.
Two charts are attached, the Franco’s excel and the Oanda Platform.
Your attention to the Excel chart first: This screen shot was around MnNY.
Trade was also entered around that time.

Compare the 21 Sep and 28 Sep columns. Placement of pairs is identical. That will give us the basis for this week as this currency over time in your chart will be identical in placement. Now look at the 5 Oct column, in order to copy the two columns at its left, The following pairs must move according to:

1) GBPCHF must move down – meaning buy GbpChf
2) EURGBP must move down – meaning sell EurGbp
3) EURUSD must move up - meaning sell EurUSD
4) USDJPY must move down - meaning buy UsdJpy
5) USDCHF must move up – meaning buy UsdChf

The meaning of this move is explained in the previous thread and many other posting, so don’t ask me how come.
Now this morning look at the Oanda Account..Did we got this right?? I am not saying that you will get these results all the time but the percentage of you being right is extremely high, above 80% probability. I hope that this jumping pairs explanation could eliminate some doubts and nagging questions in your mind. Do not ask me about the other currencies because with this technique I normally just trade 2 or 4 sometimes 5 pairs depending of how strong the correlation is. The extreme currencies are pretty solid in their spot already no need to disturb them. Please study this and you may find more setup like this and remember this is not cast in stone that it is like this al the time. Let that grey matter work sometimes, its just common sense. Thanks
Julius
Clearly stated..

Sonic
  • #388
  • Oct 10, 2008 10:04am Oct 10, 2008 10:04am
Jedi Master 101,

Now Idea of jumping pairs trading is crystal clear to me.

Thanks for this wonderful lesson.

Regards,
Peram
  • #389
  • Oct 10, 2008 10:12am Oct 10, 2008 10:12am
Quoting trader101
A clear lesson for jumping pairs technique also known as tandems.
Very Clear... Its all stating to come together for me now ... thank you Julius for putting in the time to present these clear examples.
  • #390
  • Oct 10, 2008 10:16am Oct 10, 2008 10:16am
A question could be raised as to when we are suppose to close the trades.
We will close the trades because of the following:

1) It has already attained the the exact pair positions as with the other column on its left.
2) Friday market is closing, dont like to keep my trade over the weekend.
3) Tired of winnings and want to sleep already. LOL

That positioning will continue until it represent the same position as the other columns. Also you must note that in same cases the normal journey of those pairs could be interrupted by some reason only the market know. But overall that is their moves. There are also cases that due to a very strong trend and the shaking of the market will disturb the column. The disturbance should be monitored closely and analyse its effect what was the extend of the shaking, is it up to a week ago column, to a 2 weeks ago column if such disturbance is big enough it could even cause trend reversal up to certain column and may even disturb the rest of the columns you have. If this happend you wait till you notice some stability again and the clearing of dirt down to the bottom of the bottle. Then take advantage again of the slower pairs by trading it before it reaches its spot in the order. The trade i have with Oanda is still collecting pips because the pairs traded is still in their journey to reach their respective spots in the order.
Attached Image (click to enlarge)
Click to Enlarge Name: OandaBAsis2.GIF Size: 106 KB
  • #391
  • Oct 10, 2008 10:58am Oct 10, 2008 10:58am
Look At The Usd/cad Today NY SESSION 8:30AM ,Just Like Patriot Missles
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Screenshot.JPG Size: 171 KB
  • #392
  • Oct 10, 2008 11:21am Oct 10, 2008 11:21am
Quoting LaTeCoMeR
Look At The Usd/cad Today NY SESSION 8:30AM ,Just Like Patriot Missles
How does that apply to this method?
  • #393
  • Oct 10, 2008 11:27am Oct 10, 2008 11:27am
Quoting markbcool
How does that apply to this method?
THAT IS THE JUMP PAIRS STRATEGY ON IA ,THAT JULIUS TAUGHT US ,
YOU HAVE TO SET UP YOUR IA THEN PAY ATTENTION TO THE JUMP PAIRS
THEN SETUP THE ENTRY , I HOPE , THAT WOULD HELP,
CORRECT ME IF I'M WRONG JULLIUS,
THANKS,
  • #394
  • Oct 10, 2008 11:54am Oct 10, 2008 11:54am
i am leaning t101 till now,very thanks for Julius!
i have a sell demo trade from 25/sep till now.

sorry my bad english

Tony
Attached Image (click to enlarge)
Click to Enlarge Name: trader101.gif Size: 90 KB
  • #395
  • Oct 10, 2008 12:45pm Oct 10, 2008 12:45pm
I have attached again the Franco Excel Sheet but I just focus on the 5 Oct Column
If we compare this to the last excel we have and check if we made a right directional call..
Do not mind the time given at the top of the column it is 3 hours late.

GBCHF has moved 2 slots down as we anticipate also losing his pip tally from the last colum
EURUSD has moved up and gain pips in the sell trade
EURGBP moves down too
USD JPY and UCHF did not move from their slot, however you must take not that is has gain pips like gathering strength before the big trust up or down respectively. Ok the Oanda trade has now reached the 800 pips gains. Once you familiarize yourself with these technique it will become a second nature to you by just simply looking at eh excel you get a general sense where certain ccy will go and that is all we need to get the direction right and we will be in good shape.
Julius
Attached Image (click to enlarge)
Click to Enlarge Name: OandaBAsis3.GIF Size: 18 KB
  • #396
  • Oct 10, 2008 12:56pm Oct 10, 2008 12:56pm
I'm glad to see your teachings continue Julius, it's truly appreciated...
  • #397
  • Oct 10, 2008 1:22pm Oct 10, 2008 1:22pm
Thanks Julius. I can't seem to get my spreadsheet working anymore. Worked like a charm for the last two weeks but now when I enable the data feed excel crashes on me. I hate microsoft.

Just a quick question. This pair jumping really amazes me. Has it worked well for you in both ranging and trending markets?
  • #398
  • Oct 10, 2008 1:31pm Oct 10, 2008 1:31pm
Quoting hndymann
Thanks Julius. I can't seem to get my spreadsheet working anymore. Worked like a charm for the last two weeks but now when I enable the data feed excel crashes on me. I hate microsoft.

Just a quick question. This pair jumping really amazes me. Has it worked well for you in both ranging and trending markets?
I do not do this pair jump on short term trading because it make you over anxious and sometimes you cant wait and close your winning position. I do this on Long term trading that sometimes last for weeks. But eventually you will win. I give me higher than 80 % win rate. I t doesnt even care what the market it is ranging or trnding becasue the pair will move like water will flow to a lower level. it just a matter of time sometimes in a day or two days or even week, but as it moves toward its level you continue to gain pips just slower in ranging markets.
  • #399
  • Oct 10, 2008 1:45pm Oct 10, 2008 1:45pm
I too am having problems getting IBFX101Workfiles.xls to work.

Keeps giving me "Cannot find Text file to Refresh ...."
for all the ccy pairs.

I have PM some others .... who dont seem to have any problems with the FxPro Workfile.

I have modified Corvogrigio's file from Sep28 post#695:-

Dsn-02 Q2Exc MultiP-Gen CORVOmodter.mq4 ...

.. got it to run by changing the ccy pairs to m and skipping the ccy pair that IBFx mini dont carry ... the script now runs successfully ... but Excell still errors me out.

Perhaps Corvogrigio or Julius could clarify the correct setup procedure for IBFX101Workfile ...

BTW Corvogrigio ... the New Excell file your working on looks great.... cant wait.
  • #400
  • Oct 10, 2008 1:51pm Oct 10, 2008 1:51pm
Quoting trader101
I do not do this pair jump on short term trading because it make you over anxious and sometimes you cant wait and close your winning position. I do this on Long term trading that sometimes last for weeks. But eventually you will win. I give me higher than 80 % win rate. I t doesnt even care what the market it is ranging or trnding becasue the pair will move like water will flow to a lower level. it just a matter of time sometimes in a day or two days or even week, but as it moves toward its level you continue to gain pips just slower in ranging markets.
Alright, this all makes sense now. Since your IA's which have settled are from September and if the trend were to continue this strong, the trades should gain profit relatively quickly. Otherwise we might have to wait a few weeks for profit.
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