Trade what you see NOT what you expect | Page 1227 | Forex Factory

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Why did you start trading and what do you expect from it? 19 replies

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Trade what you see NOT what you expect

  • #24,521
  • Aug 27, 2009 1:35pm Aug 27, 2009 1:35pm
Quoting Shilva
Risky!
No balls...no babies!

I've booked 15.
Hi, my name is Barry and you can keep your doctor...
  • #24,522
  • Aug 27, 2009 1:40pm Aug 27, 2009 1:40pm
I see we've lost another 570k jobs.

Thank God for Obama's magical stimulus plan.
Hi, my name is Barry and you can keep your doctor...
  • #24,523
  • Aug 27, 2009 1:42pm Aug 27, 2009 1:42pm
what a nice afternoon...took the short off the 4h 10sma for 40 and had enough sence to reverse when she stalled and just closed that out for a 100 or so on a full boat......blind squirl playing ping pong and found a bunch of nuts!
  • #24,524
  • Aug 27, 2009 1:46pm Aug 27, 2009 1:46pm
Quoting Shilva
what a nice afternoon...took the short off the 4h 10sma for 40 and had enough sence to reverse when she stalled and just closed that out for a 100 or so on a full boat......blind squirl playing ping pong and found a bunch of nuts!
Nice, bro!
Hi, my name is Barry and you can keep your doctor...
  • #24,525
  • Aug 27, 2009 1:50pm Aug 27, 2009 1:50pm
Quoting cisco
Nice, bro!
ty
  • #24,526
  • Aug 27, 2009 2:00pm Aug 27, 2009 2:00pm
Okay...time for the Mrs to drop her panties. I'm tired of waiting.
Hi, my name is Barry and you can keep your doctor...
  • #24,527
  • Aug 27, 2009 2:18pm Aug 27, 2009 2:18pm
Quoting cisco
Okay...time for the Mrs to drop her panties. I'm tired of waiting.
closed 2nd half of cable yahoo! booked 100pips on that this thread rocks thanks eo and the other guys
  • #24,528
  • Aug 27, 2009 2:37pm Aug 27, 2009 2:37pm
good job on the longs. We called that well

we also have the confirmed bullish divergence on my 4h
'The past will always show us the future'
  • #24,529
  • Aug 27, 2009 2:39pm Aug 27, 2009 2:39pm
Quoting cisco
I see we've lost another 570k jobs.

Thank God for Obama's magical stimulus plan.
It's doing exactly what it was intended to. Killing capitalism and thus, JOBS.
Ghost Rider - WWTBMD?
  • #24,530
  • Aug 27, 2009 2:51pm Aug 27, 2009 2:51pm
Quoting cisco
Okay...time for the Mrs to drop her panties. I'm tired of waiting.
hey nice one, good point to short cable at 300 as h1 62ema and some tails on the 15m....?
  • #24,531
  • Aug 27, 2009 5:14pm Aug 27, 2009 5:14pm
Anyone else eye balling that dailey, looks like a dblhc to me.I would like to go back long if we get down to 1.6245.
Please ask questions and share your experiences with us all!
  • #24,532
  • Aug 27, 2009 11:25pm Aug 27, 2009 11:25pm
, I haven't received a single feedback from the 35/ 50 MA EA...

Anywho, for those trading that strategy, I have had to extend the logic of the initial program to account for those situations in which the previous bar may have closed over/under one ema, but not the other.

Ver2 below, will trade the strategy, exactly as described by EO. However, my experience with automating manual trading systems leads me to the conclusion that what may seem to be strictly mechanical usually involves some amount of judgement, for e.g, time of day, news releases, whether price is ranging, the structure of a particular candlestick etc. I have attempted to place filters in the ea to account for this, but I am unable to make it consistently profitable. It started off with a bang, but fizzled out. If any one has any ideas to improve the results let me know.
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  • #24,533
  • Aug 28, 2009 5:17am Aug 28, 2009 5:17am
Quoting GodfreyH
, I haven't received a single feedback from the 35/ 50 MA EA...

Anywho, for those trading that strategy, I have had to extend the logic of the initial program to account for those situations in which the previous bar may have closed over/under one ema, but not the other.

Ver2 below, will trade the strategy, exactly as described by EO. However, my experience with automating manual trading systems leads me to the conclusion that what may seem to be strictly mechanical usually involves some amount of judgement, for e.g, time...
Quoting GodfreyH
, I haven't received a single feedback from the 35/ 50 MA EA...

Anywho, for those trading that strategy, I have had to extend the logic of the initial program to account for those situations in which the previous bar may have closed over/under one ema, but not the other.

Ver2 below, will trade the strategy, exactly as described by EO. However, my experience with automating manual trading systems leads me to the conclusion that what may seem to be strictly mechanical usually involves some amount of judgement, for e.g, time...
I'm not computer literate enough to install it, ID10T, but i have been watching and have noticed that a lot of 35/50 cross and reverse trades occur right after the 10ema crosses the 50sma. Usually good for 20 at least, trade it back to the ma's and then look for another reversal candle.
If it is ranging it will break them and if it is a stronger move it will reverse there and continue in the direction of the cross. I have a little moving average cross ea running that generates a signal on the chart to remind me to start looking for a 35/50 and it seems to work well in the right conditions.

Yeah, judgment is why a good trader cannot be replaced by an EA.
  • #24,534
  • Aug 28, 2009 7:22am Aug 28, 2009 7:22am
Good Afternoon All
  • #24,535
  • Aug 28, 2009 7:28am Aug 28, 2009 7:28am
Quoting davids
Good Afternoon All
Good day David, how are you?
  • #24,536
  • Aug 28, 2009 7:33am Aug 28, 2009 7:33am
Quoting PippiNole
Good day David, how are you?
good and you bro ej has done my head in this morning
  • #24,537
  • Aug 28, 2009 7:35am Aug 28, 2009 7:35am
Quoting PippiNole
Good day David, how are you?
I think trading the mid morning session at the moment is a waste of time so from next week I will do the UK open and the US only
  • #24,538
  • Aug 28, 2009 7:38am Aug 28, 2009 7:38am
Quoting davids
good and you bro ej has done my head in this morning
I only took 1 short on her during Eu/Lon for just over 30 pips and my last long hit my TP at 135.00 while I was sleeping. My last long on GU also it my TP while sleeping. Currently flat on both pairs and winding down for the week.
  • #24,539
  • Aug 28, 2009 7:42am Aug 28, 2009 7:42am
Quoting PippiNole
I only took 1 short on her during Eu/Lon for just over 30 pips and my last long hit my TP at 135.00 while I was sleeping. My last long on GU also it my TP while sleeping. Currently flat on both pairs and winding down for the week.
Good Job Bro
Yes I made 73 on GY at about the same time as your GU trade
  • #24,540
  • Aug 28, 2009 7:43am Aug 28, 2009 7:43am
I'm thinking we're at a point on the pound where she could go either way from here.

I'm still holding longs from 6265 and added a short at 6375.
Hi, my name is Barry and you can keep your doctor...
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