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Silent Service Method

  • #11,921
  • Feb 23, 2011 11:42am Feb 23, 2011 11:42am
Quoting clockwork71
I agree with this post. The areas look good, and the places where you are "expecting" things to play out look good as well. But forecasting it is a difficult thing at best. Keep those areas marked on your chart, and wait to see exactly what happens.

Your picking up the S/R area well though. Just make sure to stay flexible, and he is right - a bias is good, but anything beyond that and you may just talk yourself into taking a bad trade......

Chris
Thank you CW.

Interesting from me picking levels:
I have a VPS account so I can have a look at things at work on occasion.
I did the bad thing of picking levels on my home pc and independently on the VPS server. Double work for sure, I may as well use one chart insted of 2.

What the interesting thing is that I did quite well both times - meaning that the levels were identical - but I had also differencies.

So this really means that people look things differently - I alone look things differently compare to my earlier self.
Kind Regards zol
  • #11,922
  • Feb 23, 2011 3:05pm Feb 23, 2011 3:05pm
If that was me and it closed like that I would run or put stop right under it and just wait for another setup - but what do I know! I am still learning too

I too had the same problem as you with setting up charts on more than one PC as I may go on as many as 3 or 4 different PC's through out the day even when at home and I will want to look at my chart. To rectify this you could use just the VPS or I like to use this thing called Dropbox, I just load my MT4 folder into it and run from there and it's updated on every PC that is linked to that Dropbox account, only thing is you have to wait until it is fully finished refreshing the data before you attempt to re-open it on another PC otherwise you get double of everything.
  • #11,923
  • Feb 23, 2011 3:27pm Feb 23, 2011 3:27pm
Quoting VitaminBeer
If that was me and it closed like that I would run or put stop right under it and just wait for another setup - but what do I know! I am still learning too

I too had the same problem as you with setting up charts on more than one PC as I may go on as many as 3 or 4 different PC's through out the day even when at home and I will want to look at my chart. To rectify this you could use just the VPS or I like to use this thing called Dropbox, I just load my MT4 folder into it and run from there and it's updated on every PC that is linked to that...
Good idea.

Nice one on your gold trade by the way. My bearish bias was negated once it held above 1385.

Glad there wasn't a fake out signal
  • #11,924
  • Feb 23, 2011 11:17pm Feb 23, 2011 11:17pm
Quoting VitaminBeer
If that was me and it closed like that I would run or put stop right under it and just wait for another setup - but what do I know! I am still learning too

I too had the same problem as you with setting up charts on more than one PC as I may go on as many as 3 or 4 different PC's through out the day even when at home and I will want to look at my chart. To rectify this you could use just the VPS or I like to use this thing called Dropbox, I just load my MT4 folder into it and run from there and it's updated on every PC that is linked to that Dropbox...
Hi VitaminBerr

thank you for the Dropbox tip. Just one questionreally. If you run your MT4 from the Dropbox server is it online all the time or you actually need to start and exit from it all the time? I may be a bit confused but just want to know whether it is a different type of VPS or something completely revolutionary. I liked the video actually.

Thanks
Kind Regards zol
  • #11,925
  • Feb 24, 2011 1:14am Feb 24, 2011 1:14am
Quoting zoli
Hi VitaminBerr

thank you for the Dropbox tip. Just one questionreally. If you run your MT4 from the Dropbox server is it online all the time or you actually need to start and exit from it all the time? I may be a bit confused but just want to know whether it is a different type of VPS or something completely revolutionary. I liked the video actually.

Thanks
Hey mate,

Think of drop box as a folder on your computer that is always synced with an online server. So everytime you add a file to this folder it is uploaded to a server, and when you switch on another computer it will download that content into the drop box folder so as to sync it.
Only problem is having the same file open at the same time it can cause problems, it's best to close it once your finished on one computer before opening the same thing on another computer.
http://www.dropbox.com/

It's real easy and it cost nothing for a 2GB folder.
  • #11,926
  • Feb 24, 2011 10:30am Feb 24, 2011 10:30am
Quoting VitaminBeer
Hey mate,

Think of drop box as a folder on your computer that is always synced with an online server. So everytime you add a file to this folder it is uploaded to a server, and when you switch on another computer it will download that content into the drop box folder so as to sync it.
Only problem is having the same file open at the same time it can cause problems, it's best to close it once your finished on one computer before opening the same thing on another computer.
http://www.dropbox.com/

It's real easy and it cost nothing for...

Thanks for this tip VB, I am checking it out now actually.

Chris
  • #11,927
  • Feb 24, 2011 10:33am Feb 24, 2011 10:33am
new chart to ponder:
Attached Image (click to enlarge)
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  • #11,928
  • Feb 24, 2011 12:34pm Feb 24, 2011 12:34pm
Quoting VitaminBeer
Hey mate,

Think of drop box as a folder on your computer that is always synced with an online server. So everytime you add a file to this folder it is uploaded to a server, and when you switch on another computer it will download that content into the drop box folder so as to sync it.
Only problem is having the same file open at the same time it can cause problems, it's best to close it once your finished on one computer before opening the same thing on another computer.
http://www.dropbox.com/

It's real easy and it cost nothing for...
Cheers. I am a member. It is a pity MT4 does not record properly the items on the chart though. I can see that as the rectangles I make do not appear on the other platform after sync.

Thanks a lot anyway, great tool!!!
Kind Regards zol
  • #11,929
  • Feb 24, 2011 2:04pm Feb 24, 2011 2:04pm
Today on satellite radio (can't remember which channel) I heard an advertisement for adjustable rate mortgages! The funny thin is that it was wedged between two commercials that were touting the wisdom of owning gold, as a hedge against the inflation that we are about to see.

Also, there is a story on Bloomberg.com today that reads "Hedge Funds Borrow the Most Since 2007 to Boost Bets on U.S. Stock Rally."

WE HAVE LEARNED NOTHING.
  • #11,930
  • Feb 24, 2011 2:40pm Feb 24, 2011 2:40pm
Quoting clockwork71
Today on satellite radio (can't remember which channel) I heard an advertisement for adjustable rate mortgages! The funny thin is that it was wedged between two commercials that were touting the wisdom of owning gold, as a hedge against the inflation that we are about to see.

Also, there is a story on Bloomberg.com today that reads "Hedge Funds Borrow the Most Since 2007 to Boost Bets on U.S. Stock Rally."

WE HAVE LEARNED NOTHING.
This is going to fall even harder then the last time around.
  • #11,931
  • Feb 24, 2011 3:36pm Feb 24, 2011 3:36pm
Quoting zoli
Cheers. I am a member. It is a pity MT4 does not record properly the items on the chart though. I can see that as the rectangles I make do not appear on the other platform after sync.

Thanks a lot anyway, great tool!!!
Hey mate

They should. You gotta make sure you close the one you have open first and let it sync the changed charts (takes about 30 seconds) then open up on other machine - Don't forget you gotta install drop box on every PC, you did that right?
  • #11,932
  • Feb 24, 2011 5:47pm Feb 24, 2011 5:47pm
Quoting clockwork71
WE HAVE LEARNED NOTHING.
The "recovery" (which will hopefully always live in quotes), is a complete and total joke. How do you fix a broken financial system by giving trillions of dollars the the folks who broke it, and then leave all the structural deficiencies in place?

Way to go geniuses.

I fail all the time. Where's my million?
  • #11,933
  • Feb 24, 2011 6:01pm Feb 24, 2011 6:01pm
Quoting Venice
This is going to fall even harder then the last time around.
I know, and that worries me. To be honest, even with the meltdown and the massive change in employment after the crash - my lifestyle really hasn't changed all that much. I understand that isn't the norm, but the fact I could "adapt" shows that it wasn't that severe to be honest. (I know it's all relative....)

So this next time is going to be vicious.
  • #11,934
  • Feb 24, 2011 6:02pm Feb 24, 2011 6:02pm
Quoting Low
The "recovery" (which will hopefully always live in quotes), is a complete and total joke. How do you fix a broken financial system by giving trillions of dollars the the folks who broke it, and then leave all the structural deficiencies in place?

Way to go geniuses.

I fail all the time. Where's my million?
You made the mistake of trying to produce something instead of pushing paper and making "fake" numbers. What in the hell is wrong with you?
  • #11,935
  • Feb 24, 2011 11:34pm Feb 24, 2011 11:34pm
Hi All

Here is something I I am thinking about. I will most likely not do a thing as it is Friday anyway and this does not seem to be an A set up. Suggestions?

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Kind Regards zol
  • #11,936
  • Feb 25, 2011 8:18am Feb 25, 2011 8:18am
Quoting zoli
Hi All

Here is something I I am thinking about. I will most likely not do a thing as it is Friday anyway and this does not seem to be an A set up. Suggestions?

Attachment
Attachment

I don't like this pair, although it seems to want to rise. That I agree with. But there are simply too many S/R areas that are on top of each other. It would be choppy trading at best.
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  • #11,937
  • Feb 25, 2011 11:52am Feb 25, 2011 11:52am
Quoting clockwork71
I don't like this pair, although it seems to want to rise. That I agree with. But there are simply too many S/R areas that are on top of each other. It would be choppy trading at best.
Yes, but it is a carry trade pair, so choppy is not that bad.
If you leverage it right and it stays around BE you can still make a nice profit on swaps.
  • #11,938
  • Feb 25, 2011 1:59pm Feb 25, 2011 1:59pm
Quoting clockwork71
I know, and that worries me. To be honest, even with the meltdown and the massive change in employment after the crash - my lifestyle really hasn't changed all that much. I understand that isn't the norm, but the fact I could "adapt" shows that it wasn't that severe to be honest. (I know it's all relative....)

So this next time is going to be vicious.
Yup. Hasn't effected me either. I have changed jobs twice now since 2008 on my own accord. If anything, I have become more stable. That is what life is all about anyways... adaptation. Some people adapt, others get left behind.

Have my eye on a/u for next week, our bull wedge is coming around to completion it would appear. Nice little pop from that + carry trade would be lovely.
  • #11,939
  • Edited 4:35pm Feb 25, 2011 4:34pm | Edited 4:35pm
Are we there YET ????..
or GOOD times are around the Corner..??..

FTSE 100.. Monthly Close will be intrsting on Monday..( Gaddafi might be DEad by than )

FTSE 100 .png
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  • #11,940
  • Feb 25, 2011 5:49pm Feb 25, 2011 5:49pm
Quoting haidis
Yes, but it is a carry trade pair, so choppy is not that bad.
If you leverage it right and it stays around BE you can still make a nice profit on swaps.
I almost posted the same thing. Great money to be made on the swap.
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