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my trade

  • #441
  • Jun 22, 2010 1:09am Jun 22, 2010 1:09am
I wanna see your magic robot too, Ben. Show us Mr. Roboto!!

Hey Rising Sun, where do you live in Japan? I'm about 15 min away from Taiyo No To here in Osaka. You like the rainbow charts??
  • #442
  • Jun 22, 2010 1:16am Jun 22, 2010 1:16am
Quoting Magic Trader
I wanna see your magic robot too, Ben. Show us Mr. Roboto!!

Hey Rising Sun, where do you live in Japan? I'm about 15 min away from Taiyo No To here in Osaka. You like the rainbow charts??
hi Magic Trader! i live in Narita, Chiba. i used to live in Osaka for 4 years in my junior high and high school days. Taiyo-no-to is a great piece of art by Taro Okamoto i respect.

rainbow or mma (multiple mov'g ave) is a powerful addition to my s&r breakout trading

ben is a great teacher
  • #443
  • Jun 22, 2010 1:33am Jun 22, 2010 1:33am
Quoting RisingSun
rainbow or mma (multiple mov'g ave) is a powerful addition to my s&r breakout trading
OK cool. So youve been in Japan a long time. Great place to live.

Yeah, i used to use MMAs too but not just pure PA. Ben is a great teacher. Show us the way, Ben!!
  • #444
  • Jun 22, 2010 5:00am Jun 22, 2010 5:00am
learning ...
Attached Image (click to enlarge)
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  • #445
  • Jun 22, 2010 5:31am Jun 22, 2010 5:31am
in hindsight, another trade could have been made here following the compression.

market seems not as active, so no more trade today. 2% gain.
Attached Image (click to enlarge)
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  • #446
  • Jun 22, 2010 9:47am Jun 22, 2010 9:47am
Quoting Magic Trader
I wanna see your magic robot too, Ben. Show us Mr. Roboto!!

Hey Rising Sun, where do you live in Japan? I'm about 15 min away from Taiyo No To here in Osaka. You like the rainbow charts??
Hi Magic i still waiting for your chart too
im watching the mexican vs uruguai at the moment lol


http://img337.imageshack.us/img337/4426/priceline1.png

http://img251.imageshack.us/img251/2617/priceline2.png
  • #447
  • Jun 22, 2010 10:33am Jun 22, 2010 10:33am
you are doing great there Akira!

i would like to double the account or hit 100% profit trading manually before we discuss the robot and im nearly there.

http://img526.imageshack.us/img526/8...pipsspacin.png
  • #448
  • Jun 22, 2010 10:37am Jun 22, 2010 10:37am
http://img651.imageshack.us/img651/3039/2290y.png
  • #449
  • Jun 22, 2010 10:48am Jun 22, 2010 10:48am
Quoting RisingSun
my goal is a daily 3 to 5% consistent gain of balance. people would laugh,
people opinion on you does not have to be your reality!
but first ... you are what you conceive to be!

"if i think it is impossible it is possible, if i think i know everything i dont , and if i think i am alone im not!"


try spend little money on audio book by;Jim rohn on "i-tune " downlowded to your ipod touch
  • #450
  • Jun 22, 2010 10:49am Jun 22, 2010 10:49am
back to my soccer world ... Ciao!
  • #451
  • Jun 22, 2010 10:59am Jun 22, 2010 10:59am
http://img153.imageshack.us/img153/2604/2307.png
  • #452
  • Edited 4:37pm Jun 22, 2010 4:19pm | Edited 4:37pm
Quoting ben10
... i would like to double the account or hit 100% profit trading manually before we discuss the robot and im nearly there...
Attached Image
  • #453
  • Jun 23, 2010 9:14am Jun 23, 2010 9:14am
1- price line = visual support and resistance with 10 pips spacing.

2- compression = temporary agreement on price valuation or indecisive action among traders(accumulation phase or ranging).

3- MMA Slope = temporary agreement on price/trend direction( to buy/sell or to scale trade position/s.

4- comb pattern = mma dispersed(spread out), temporary disagreement on price(to create a trend).

5- the spine = the last one also the longest of mma.

6- shortterm mma(shortterm group of traders) to move and lead the price but longterm mma(longterm group of traders) to establish the trend by underpinning(support) the price.

7- naked/line chart pattern = to determine traders behaviour , to read the traders mind.
  • #454
  • Jun 23, 2010 9:35am Jun 23, 2010 9:35am
(a) compression cut above the price line( buy) and cut below the price line(sell).

(b) stop loss at the price line above or below compression.

(c) to activate a trailing stop at 10 pips gain.


hmmmm .... help me out Akira, Magic trader and others

whats next
  • #455
  • Jun 23, 2010 11:23am Jun 23, 2010 11:23am
http://img714.imageshack.us/img714/8...eformation.png
  • #456
  • Jun 23, 2010 5:19pm Jun 23, 2010 5:19pm
morning, ben. sleepy watching the late night soccer games? Japan-Denmark tonight or early tomorrow morning. have worked in Danish/Scandinavian companies nearly 10 years, so must watch this game closely.

two pics: today's bad trades and some hindsight trades. pls comment.
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  • #457
  • Jun 23, 2010 5:53pm Jun 23, 2010 5:53pm
Excellent summary!

Quoting ben10
1- price line = visual support and resistance with 10 pips spacing.
 valid point. sl are placed around 10 price lines, as i understand

Quote
2- compression = temporary agreement on price valuation or indecisive action among traders(accumulation phase or ranging).
 am beginning to visually spot this, an excellent lead to entering trades. how to objectively or quantatatively define, is the next step. not easy ...

Quote
3- MMA Slope = temporary agreement on price/trend direction( to buy/sell or to scale trade position/s.
 this is a point of temporal pull back, an excellent point of entry. again how to define quantitatively...

Quote
4- comb pattern = mma dispersed(spread out), temporary disagreement on price(to create a trend).
 not the entry point but rather use to time the exits?

Quote
5- the spine = the last one also the longest of mma.
 "spine crossing the price line" is what often referred to as a valid entry point. but when this long term ma crosses the price line, the price itself is already further past the price line, causing late entries. i do need to further clarify this myself.

Quote
6- shortterm mma(shortterm group of traders) to move and lead the price but longterm mma(longterm group of traders) to establish the trend by underpinning(support) the price.
 valid point!

Quote
7- naked/line chart pattern = to determine traders behaviour , to read the traders mind.
want some example to understand this point.

Overall ben, it would be helpful if you would show on charts each of these points to further develop this scalping method. some clever viewers may help quantifying them, a must step to programming, i believe.
  • #458
  • Jun 23, 2010 9:26pm Jun 23, 2010 9:26pm
a thought just occurred is about the definition of compression. how about the distance between the ma's?

a start can be an indicator for MT4 that shows a green belt when compression occurs (= the distance between the ma's gets narrow enough). what is enough, need to be tested and verified on charts, i guess...
  • #459
  • Jun 23, 2010 9:43pm Jun 23, 2010 9:43pm
Quoting RisingSun
morning, ben. sleepy watching the late night soccer games? Japan-Denmark tonight or early tomorrow morning. have worked in Danish/Scandinavian companies nearly 10 years, so must watch this game closely.

two pics: today's bad trades and some hindsight trades. pls comment.
gennki desuka watasino tomodachi LOL! im tired but coudlnt sleep.

http://img693.imageshack.us/img693/7616/ak2z.png
  • #460
  • Jun 23, 2010 9:49pm Jun 23, 2010 9:49pm
Quoting RisingSun
a thought just occurred is about the definition of compression. how about the distance between the ma's?

a start can be an indicator for MT4 that shows a green belt when compression occurs (= the distance between the ma's gets narrow enough). what is enough, need to be tested and verified on charts, i guess...
yes im asking my self how the robot to perform" the slope"?
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