pipware.com

Rob, first, thanks for the excellent trading tool. I've been looking for something like this that would give me a heads up so my "intense" chart time could be a bit less. Yes, it's our decision when to trade but this should help make things a bit less tiresome.

Question regarding the lamp indicator. Is the Hx column supposed to be the same as the color of the trix historgram on the respective time frames? The reason I ask is at times, in my limited work with it on Friday during trading hours, I thought I saw the lamps not indicating it in that manner. I just want to make sure and then will continue to watch carefully for it.

Appreciate your help. Thanks again.

Steve

With regard Hx lamp color ... I notice that I don't explain it in the manual ... oops . I don't usually have the lamps displayed so a little foggy on what the colors represent but if I explain the principle, you should be able to make sense of what you are seeing.

When monitoring the Trix Histogram (Hx) ... it's about whether the slow and fast trix are diverging or converging. The start of diverging is a good place to enter and converging is where we should be watching for an exit. Combine this with the other THV rules

Thanks Mate, much appreciate your effort and service to the forex community, this will go a long way!


ta
ams

Hi - I made a nice 1 page PDF out of the following article from L. Bratford Raschke
http://www.forexfactory.com/showpost...03&postcount=1

I use a 15 minute stochastic method which has been discussed throughout this site. I bought the DB, which is a great tool, to give me an alert to help reduce the fatigue of chart time. I know we all have different preferences, but I'm wondering what types of settings other people use when the main chart is a 15 minute time frame. I am looking for alerts which are fairly tight, give a solid "heads up" and are not the "Holy Grail". I've been working with this during the past few days and thought I'd ask what others are using. Any thoughts are greatly appreciated. Thanks.

Steve

Hi startman ,
this is my first words in this wonderful thread , i have a question : is there any way to attach other indicators to the minichart?? i mean (can chose indicator and apply it to be appear in all charts in the mini chart??

fishman356

Hi HannesW. Thanks for the pdf of rules. Nice. The font you use is some sort of open face I think. It messes with my eyes unfortunately. If it's not too much bother is there any chance of you reformating the font and re posting? Thanks

I found the same thing so I extracted the text from the pdf. Here is the text.

I'm sure most everybody knows these truisms in their hearts, but this list is nicely edited and makes a good read.
1. Plan your trades. Trade your plan.
2. Keep records of your trading results.
3. Keep a positive attitude, no matter howmuch you lose.
4. Don't take the market home.
5. Continually set higher trading goals.
6. Successful traders buy into bad news and sell into good news.
7. Successful traders are not afraid to buy high and sell low.
8. Successful traders have a well-scheduled planned time for studying the markets.
9. Successful traders isolate themselves from the opinions of others.
10. Continually strive for patience, perseverance, determination, and rational action.
11. Limit your losses - use stops!
12. Never cancel a stop loss order after you have placed it!
13. Place the stop at the time you make your trade.
14. Never get into the market because you are anxious because of waiting.
15. Avoid getting in or out of the market too often.
16. Losses make the trader studious - not profits. Take advantage of every loss to improve your knowledge of market action.
17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
18. Always discipline yourself by following a pre-determined set of rules.
19. Remember that a bear market will give back in one month what a bull market has taken three months to build.
20. Don't ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
21. You must have a program, you must know your program, and you must follow your program.
22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
23. Split your profits right down the middle and never risk more than 50% of them again in the market.
24. The key to successful trading is knowing yourself and your stress point.
25. The difference between winners and losers isn't so much native ability as it is discipline exercised in avoiding mistakes.
26. In trading as in fencing there are the quick and the dead.
27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
29. Accept failure as a step towards victory.out.
30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don't let ego and greed inhibit clear thinking and hard work.
31. One cannot do anything about yesterday. When one door closes, another door opens. The greater opportunity always lies through the open door.
32. The deepest secret for the trader is to subordinate his will to the will of the market. The market is truth as it reflects all forces that bear upon it. As long as he recognizes this he is safe. When he ignores this, he is lost and doomed.
33. It's much easier to put on a trade than to take it off.
34. If a market doesn't do what you think it should do, get out.
35. Beware of large positions that can control your emotions. Don't be overly aggressive with the market. Treat it gently by allowing your equity to grow steadily rather than in bursts.
36. Never add to a losing position.
37. Beware of trying to pick tops or bottoms.
38. You must believe in yourself and your judgement if you expect to make a living at this game.
39. In a narrow market there is no sense in trying to anticipate what the next big movement is going to be - up or down.
40. A loss never bothers me after I take it. I forget it overnight. But being wrong and not taking the loss - that is what does the damage to the pocket book and to the soul.
41. Never volunteer advice and never brag of your winnings.
42. Of all speculative blunders, there are few greater than selling what shows a profit and keeping what shows a loss.
43. Standing aside is a position.
44. It is better to be more interested in the
market's reaction to new information
than in the piece of news itself.
45. If you don't know who you are, the
markets are an expensive place to find
46. In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word - Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.
47. Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.
48. When the ship starts to sink, don't pray - jump!
49. Lose your opinion - not your money.
50. Assimilate into your very bones a set of
trading rules that works for you. Linda Bradford Raschke

here you go

please reply Startman , it's soo Important to me because i usually trade h1 tf useing 1 main indicator and i need to keep an eye on the 15m tf , i will appreciate if you can help me and add my favorite indicator to be appear in all charts instead of moving average.

plzzzzzzzzz start man , plzzzzzzzzzz help me on this modification

Here is another version of it - the font in the other one is bolten outline - I´ve printed it out in A4 and enlarged to A3 format on photocopy machine at the office - it makes a nice "poster" next to the trading desk for getting into focus and the "trading zone"

I also made another "poster" with materials from Dr. Steenbarger some time ago. Please take a look and leave a comment.

I have been experimenting with the Dashboard too and learned a lot due to the screentime I spend with it on the FX markets - Stratmans videos are really nice and instructional - - I hope there will be some more soon -

Hi Stratman, will you be making any more videos in future? I found them very helpful...

Thanks

Thanks Hannes for the rules reformated. I have bought myself a decent picture frame for creating and giving signifiance to the rules and beliefs I finally settle with. IMHO reading rules and even having someone tell me rules doesn't make them mine or even make me believe them. Some great and wise teaching I got from one of these leadership seminars reckons that the problem with rules is that nobody does what they are told. We always know best. So ... modifying your belief patterns apparently only comes about but mega repitition or more efficently by a strong emotional experience - like losing big in a trade (not the best option but it works). Always use a SL I read when I was starting out. I didn't use them until I wiped out 30% one night. Strong emotional experience that. I have some daily affirmations that reinforce my trading beliefs and my personal goals. Reading and re-reading them is one approach I'm using. Another is subliminal imprinting. I have this very cool software that flashes subliminal beliefs and affirmations on my screen as I trade (link attacted below. It's free). There's plenty of science behind it (it's illegal in advertising because it works) You could put your trading rules or bits of them into the software and see how it goes. I have this very cool software that flashes subliminal beliefs and affirmations on my screen as I trade (link attacted below. It's free). I've pondered the fantasy of somehow getting a copy of this software secretly installed on my wifes laptop with the affirmation "I lust for passionate, out of control love making with my husband all the time". Just kidding ... no not really. lol Anyhow - hope this was helpful http://www.4shared.com/file/xdYrQXKv/sbsetup20.html

The "Trading beyond making Money" is spot on Hannes" I love it and will certainly give it signifiance. Thanks

Let us know if it works on your wife!

http://www.whitemarlinopen.com/


off topic while the trading is slow ,for the rest of this week you can watch one of the worlds biggest fishing tournaments , live thur thur web cam, from 4:00 pm est to 9:30 est ,they caught a 97.5 lb white marlin, $800,000.00, a blue marlin 1,010.5 lbs ,I think its worth $360,000.00, and it only tuesday , it goes to friday, Check out the webcam.
check it out , This is right down the street from me.
fishman356

Unfortunately no .. only the ones I have included eg stoch, macd, trix etc.

I thought about making one that you choose the indicator ie any of those in your indicators directory. This would be a major job for me though and not sure what benefit it would give me .... coding time vs benefit?

Wow ... you are keen

Please know that I am really busy on a software contract away from home and only get a very small window to answer my emails, skype and threads. I normally spend 1-2 hrs a day getting through all correspondence ... I am struggling to keep on top of this and this is why I haven't responded sooner.

For those that give a damn ... here's today as an example ... today I got up and showered then straight to the factory (no breakfast). I stopped at 11 am for 15 min where I had a scone and two coffees. I then worked through until now ... 7:30pm ... no other breaks or food.

I am now answering emails and this thread. I haven't been in my skype room for a few days now and trading is out of the question. I managed a 3 day break over the weekend after working 18 days straight ... I flew back home and spent time with my family

Apart from this thread and the skype room, I am constantly bombarded by corresponce from eager traders eg private messages, direct skype chat, emails and phone calls. It's actually becoming too much for me to cope with as I don't like to let people down.

I now understand how the scammers out there make so much money ... people are desperate to learn to trade ... and I can see my own situation getting worse ie more people contacting me ... I now wish I had that couple of hours a day to trade ie not answering other traders questions

Can you tell I'm getting a bit run down ... tired ... stressed out .... I need a break

I enjoy doing the videos but I'm getting so much correspondence from novice traders ... I'm not sure what to do