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  • #7,261
  • Mar 26, 2009 5:19am Mar 26, 2009 5:19am
We got unemplyement claims out in 2 hours and id say that is why the day is ranging so far.
  • #7,262
  • Mar 26, 2009 5:22am Mar 26, 2009 5:22am
Quoting croesesFX
needs to break daily R1 @ 31
morning crosses,

yeah e/j hit 44 a couple of hours ago (closed below) but i consider a breach as a break so was happy to enter. u/j isn't far off highs and e/u as i said is looking to break out (i'm thinking up-side?) but all in all lots going on hence the 1% risk only.

looking at any trades yourself?
  • #7,263
  • Mar 26, 2009 5:24am Mar 26, 2009 5:24am
Quoting Razor_trader
Time my friend will tell, it always does lol
never a truer word spoken
  • #7,264
  • Mar 26, 2009 6:35am Mar 26, 2009 6:35am
love it when a plan comes together... fist tp hit, sl for second moved to b/e

u/j rejected at it's first attempt to break 24th's high, e/u channel top held at first attempt also.... nice to be in a free trade
  • #7,265
  • Mar 26, 2009 8:09am Mar 26, 2009 8:09am
Well, mostly losers for me today, but managed to get in on the USD/JPY for a tiny risk a few hours ago. It's a free trade. Not looking good at the moment, but you never know.

See you Monday.

  • #7,266
  • Mar 26, 2009 8:19am Mar 26, 2009 8:19am
we have just broken slightly out of the Eur Channel but still consolidating.

Lost out on the Eur trade for a loss of 30 pips, another bummer. Not to sure now on where she wants to go. Might call it a night, there is just not enough momentum to call a viable trade tonight (today for others in the world). Tomorrow is another day but I just hate trading fridays so I might leave my order open and call it a week.

No winners this week, 5 losers and 3 for BE. Some weeks you just have em dont ya.
  • #7,267
  • Mar 26, 2009 8:24am Mar 26, 2009 8:24am
Quoting Razor_trader
we have just broken slightly out of the Eur Channel but still consolidating.

Lost out on the Eur trade for a loss of 30 pips, another bummer. Not to sure now on where she wants to go. Might call it a night, there is just not enough momentum to call a viable trade tonight (today for others in the world). Tomorrow is another day but I just hate trading fridays so I might leave my order open and call it a week.

No winners this week, 5 losers and 3 for BE. Some weeks you just have em dont ya.

we all have those weeks once in a while... take it easy and enjoy your weekend!

(i'm also taking tomorrow off for a round of golf... only started playing 6 months ago so atm its more stressful than trading lol)
  • #7,268
  • Mar 26, 2009 8:26am Mar 26, 2009 8:26am
Quoting takingthepip
Well, mostly losers for me today, but managed to get in on the USD/JPY for a tiny risk a few hours ago. It's a free trade. Not looking good at the moment, but you never know.

See you Monday.

if you took the ib thats a great trade ttp... maybe stay in for another retest then take some pips? whats the plan?
  • #7,269
  • Mar 26, 2009 9:39am Mar 26, 2009 9:39am
stopped out on my second position for +11 on the trail ah well if i'd been at the comp i'd have probably got away with more but thems the breaks +0.6% for the day.
  • #7,270
  • Mar 26, 2009 9:40am Mar 26, 2009 9:40am
Quoting icarusfx
if you took the ib thats a great trade ttp... maybe stay in for another retest then take some pips? whats the plan?
I'm just letting the trade run. USD/JPY has just broken through the daily trendline so things are looking better. Haven't moved SL yet, still at bottom of IB. The 20 MA, (smoothed), looks good for a trailing SL if price keeps moving up.

  • #7,271
  • Mar 26, 2009 9:49am Mar 26, 2009 9:49am
Quoting takingthepip
I'm just letting the trade run. USD/JPY has just broken through the daily trendline so things are looking better. Haven't moved SL yet, still at bottom of IB. The 20 MA, (smoothed), looks good for a trailing SL if price keeps moving up.

yeah looking good atm a fair bit of resistance from 72 up to 000 and higher @ 20-70

good luck

right no more posting for me for a while... all im seeing is me on this thread sorry peeps see you all next week
  • #7,272
  • Mar 26, 2009 5:35pm Mar 26, 2009 5:35pm
Quoting icarusfx
we all have those weeks once in a while... take it easy and enjoy your weekend!

(i'm also taking tomorrow off for a round of golf... only started playing 6 months ago so atm its more stressful than trading lol)
Ah golf, the pro make it seem to simple to hit that dimple ball 400 yards in a straight line. it is the most stressful sport imaginable to man. Even with the most relax approach you can still give frustrated by the time the 18th arrives, but just remember the 19th hole is the best of them all. Where you can sit back and finally relax and laugh about the comical display of your day on the green with a beer.

Have fun today.
  • #7,273
  • Mar 26, 2009 6:17pm Mar 26, 2009 6:17pm
After all; I have played St Andrews Old Course.

Inserted Video


Need a chuckle or 2? Check it out. rofl:
  • #7,274
  • Mar 27, 2009 3:38am Mar 27, 2009 3:38am
I ran across Peter Crown's original post's last week and decided to investigate this inner bar strategy. I don't use metatrader, but have my own trading simulation framework. In all my testing, every system does not over come the costs of the trades. Usually optimization techniques, using AI's or other approaches are needed to over come this cost in back testing. The problem with optimization is curve fitting and repeating result in out of sample tests. Usually all my attempts at optimization have failed to repeat in out of sample testing.

This inner bar approach in back testing, is very profitable on the daily bar (I need to go back and test other times). As is, testing on 20 different pairs returns significant positive results from 17 pairs over a two year period. No additional indicators or optimization is needed.

I am absolutely amazed how the simplest strategy I've tested is hands down the best. I look forward to reading all of this thread to further learn what others have discovered.

Thanks in advance.

Dan
.
  • #7,275
  • Mar 27, 2009 4:12am Mar 27, 2009 4:12am
morning all

IB on e/j pending short @ 132.70
  • #7,276
  • Mar 27, 2009 4:33am Mar 27, 2009 4:33am
Quoting croesesFX
morning all

IB on e/j pending short @ 132.70
1/2 closed, free trade from here
  • #7,277
  • Mar 27, 2009 4:37am Mar 27, 2009 4:37am
guys ive just been diverted to thisthread from t2win and wanted to know if the hourly inside bar method is the same as in the first page,many thanks
  • #7,278
  • Mar 27, 2009 4:47am Mar 27, 2009 4:47am
Quoting croesesFX
1/2 closed, free trade from here
closed other 1/2 on 4hr TL
  • #7,279
  • Mar 27, 2009 5:01am Mar 27, 2009 5:01am
hey, did anyone catch this trade? this is my first trade with dibs method and it seems like a good start.

God bless
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  • #7,280
  • Mar 27, 2009 5:02am Mar 27, 2009 5:02am
Quoting Bemac
After all; I have played St Andrews Old Course.

http://www.youtube.com/watch?v=l_OmnP527Dw

Need a chuckle or 2? Check it out. rofl:
Classic Robin Williams. He is by far one of my favourite actors of all time and this shows why. I needed a good laugh today and you my friend delivered big time.
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