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Rufus

  • #521
  • Sep 6, 2010 4:04am Sep 6, 2010 4:04am
This is where I am looking forward to having more than one monitor. EU was setting up nicely to my rules. Took it. Then watched the bottom fall out of the pound and later drag the EU with it.

I will watch awhile for a new entry.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #522
  • Sep 6, 2010 4:26am Sep 6, 2010 4:26am
New EU long

Price ran into some hard resistance on the 1h chart. Also 38.2 fib that goes back to the low on Friday. This may give some life to my long.
Pound is getting some footing as well.
Attached Image (click to enlarge)
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #523
  • Sep 6, 2010 4:32am Sep 6, 2010 4:32am
Back from vacation for a week, I went short on the false tokyo-breakout, wasn't enough brave to let it run and I closed with only 10 pips of gain. Better than nothing.

About the poud, I agree with you that two monitors are necessary, I personally think that 3 of them would be the best for me, now I use 2 x 22" .
And... I have been looking at the correlation between EU and GU and I find it quite interesting.

Now, actually, seems like GU is catching up with the asimmetry that had been built with the EU till now in the middle term, I will try to make myself more clear...

this is the correlation of EU with GU with an overlayed scaled chart.
The zero line means the the two pairs are moving on the same way, before that, EU was "underperforming" GU (and GU was "overperforming" EU), now with this GU drop the two things are more aligned.

It's a tricky concept but it's very interesting.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: euro-pound-corr2.png Size: 30 KB
Lorenzo
  • #524
  • Sep 6, 2010 4:38am Sep 6, 2010 4:38am
Quoting lorbax
Back from vacation for a week, I went short on the false tokyo-breakout, wasn't enough brave to let it run and I closed with only 10 pips of gain. Better than nothing.

About the poud, I agree with you that two monitors are necessary, I personally think that 3 of them would be the best for me, now I use 2 x 22" .
And... I have been looking at the correlation between EU and GU and I find it quite interesting.

Now, actually, seems like GU is catching up with the asimmetry that had been built with the EU till now in the middle term, I will try...

My eventual goal is 6 monitors. Have a guy now looking into building me a CPU for it with used parts to keep the cost down. Then most of the expense will be in the screens.

I think I will miss less and catch more of what I am looking for.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #525
  • Sep 6, 2010 7:18am Sep 6, 2010 7:18am
Rufus,
Do you have the (day) pivot line on 1.28661? I am testing with some pivot .mq4.

Did you take this move (see chart)?
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  • #526
  • Sep 6, 2010 8:46am Sep 6, 2010 8:46am
Quoting Forexmist
Rufus,
Do you have the (day) pivot line on 1.28661? I am testing with some pivot .mq4.

Did you take this move (see chart)?

That is the one I show. For my time zone excluding Sunday data.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #527
  • Sep 6, 2010 11:54pm Sep 6, 2010 11:54pm
I finally put the saddle a friend gave me (Circa 1920) on Buddy, my horse. It is like sitting in an easy chair. There is something about sitting astride a tall stout horse with a comfortable saddle that makes you feel like there is nothing in the world you can’t handle. I seem to forget all that is going on and appreciate only the feel of a great horse and saddle and lots of fond memories.

Buddy is a Draft Paint cross. He weighs about 1500 lbs and 16+ hands. I need a large horse due to leg length.

One of these days I will get a picture of Buddy to post here.

Rufus
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #528
  • Sep 7, 2010 12:18am Sep 7, 2010 12:18am
Waiting for London to open, so I thought I would lay out by fibs the EJ. It is flat remarkable.

Rufus :nerd:
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #529
  • Sep 7, 2010 12:39am Sep 7, 2010 12:39am
EJ may be setting up for swing trade long. Running into daily S1. 61.8 fib, and Support.

Rufus :nerd:
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #530
  • Sep 7, 2010 12:41am Sep 7, 2010 12:41am
Good evening/good morning Rufus,

Do you pay any attention to the news, generally speaking?

Good luck this week.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #531
  • Sep 7, 2010 12:50am Sep 7, 2010 12:50am



Quoting Rufus
I finally put the saddle a friend gave me (Circa 1920) on Buddy, my horse. It is like sitting in an easy chair. There is something about sitting astride a tall stout horse with a comfortable saddle that makes you feel like there is nothing in the world you can’t handle. I seem to forget all that is going on and appreciate only the feel of a great horse and saddle and lots of fond memories.

Buddy is a Draft Paint cross. He weighs about 1500 lbs and 16+ hands. I need a large horse due to leg length.

One of these days I will get a picture of Buddy...
Annoying Precision
  • #532
  • Sep 7, 2010 12:52am Sep 7, 2010 12:52am
Quoting The Fool
Good evening/good morning Rufus,

Do you pay any attention to the news, generally speaking?

Good luck this week.

Yep. I try to keep track of it all. What I love are "Tentative" JPY news. I don't understand this. They can make a great car, that I can't fit in, yet can't decide to give out news or not. I guess they give it out if it suits them? Right noew I am sure thgey want to weaken the Yen.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #533
  • Sep 7, 2010 10:23am Sep 7, 2010 10:23am
Very Nice Hand Made Saddle.

My dad wend to Idaho when he retired and learned how to make saddles. He has made me a couple over the years and there is nothing like a nice saddle with a good seat in it. I like the old slick seat as well. Looks like it rides good.

Kurt

Quoting Rufus
I finally put the saddle a friend gave me (Circa 1920) on Buddy, my horse. It is like sitting in an easy chair. There is something about sitting astride a tall stout horse with a comfortable saddle that makes you feel like there is nothing in the world you can’t handle. I seem to forget all that is going on and appreciate only the feel of a great horse and saddle and lots of fond memories.

Buddy is a Draft Paint cross. He weighs about 1500 lbs and 16+ hands. I need a large horse due to leg length.

One of these days I will get a picture of Buddy...
  • #534
  • Sep 8, 2010 1:38am Sep 8, 2010 1:38am
My scalp off pivots

Rufus
Attached Image (click to enlarge)
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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #535
  • Sep 8, 2010 5:40am Sep 8, 2010 5:40am
Hi Rufus,
Nice chart (but you know me), but how do you scalp with those lines I see?
Another question, can you place your pivot.mq4 + midlevels on the blog?

I am learning every day and I still make stupid mistakes (the psychological side is difficult).

Greetz
  • #536
  • Sep 8, 2010 5:52pm Sep 8, 2010 5:52pm
Quoting Forexmist
Hi Rufus,
Nice chart (but you know me), but how do you scalp with those lines I see?
Another question, can you place your pivot.mq4 + midlevels on the blog?

I am learning every day and I still make stupid mistakes (the psychological side is difficult).

Greetz

The psychological seems to be a hard hurdle to get over at times. It's what will blow an acccount, or freeze you to inaction. This is the #1 reason I try to prepare so much with my charts. Supply/demand levels etc. Last night I found myself making some stupid mistakes and realized I was way to tired to be trading plus had a headache. To many nights in a row staying up till 2:30am trading London. Then getting up to go to work by 6:00am. Got in a nap today though so gonna hit it tonight.

As for the scalp... the lines don't tell me much. The stochastics I wanted pointing down is all. The Keltner Channel is something I have been looking at but don't rely on it as much.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #537
  • Sep 8, 2010 5:57pm Sep 8, 2010 5:57pm
Quoting Rufus
The psychological seems to be a hard hurdle to get over at times. It's what will blow an acccount, or freeze you to inaction. This is the #1 reason I try to prepare so much with my charts. Supply/demand levels etc. Last night I found myself making some stupid mistakes and realized I was way to tired to be trading plus had a headache. To many nights in a row staying up till 2:30am trading London. Then getting up to go to work by 6:00am. Got in a nap today though so gonna hit it tonight.

As for the scalp... the lines don't tell me much. The stochastics...

I hit the submit button before I was ready. I better not do that while trading...

The bigest reason for the entry is marked by the arrow. Price hit a strong S/D zone.


Posted my pivot indicator
Rufus
Attached Image (click to enlarge)
Click to Enlarge Name: 9.7post.jpg Size: 118 KB
Attached File(s)
File Type: mq4 ###Auto Pivot.mq4   15 KB | 260 downloads
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #538
  • Sep 8, 2010 7:18pm Sep 8, 2010 7:18pm
I like it like that

Quoting Rufus
My scalp off pivots

Rufus
  • #539
  • Sep 9, 2010 3:04am Sep 9, 2010 3:04am
It is so important to wait a little time before you place a trade. You nee to understand what is happening. Otherwise you see things that are not true. I don’t mint to loose a few pip o a good technical trade but it is stupid to take a trade that wasn’t good in the first place. Arghhhhhh.

PATIENCE!

Do you also use different daily Moving average on your lower time frames? For example a 10 DMA (or do you use other ma’s and in what for way)?
  • #540
  • Sep 9, 2010 3:15am Sep 9, 2010 3:15am
Quoting Forexmist
It is so important to wait a little time before you place a trade. You nee to understand what is happening. Otherwise you see things that are not true. I don’t mint to loose a few pip o a good technical trade but it is stupid to take a trade that wasn’t good in the first place. Arghhhhhh.

PATIENCE!

Do you also use different daily Moving average on your lower time frames? For example a 10 DMA (or do you use other ma’s and in what for way)?

I know the fealing...

Right now I am watching my short on the GU just sit there
Illegitimi non carborundum - Noli pati a scelestis opprimi.
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