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Kevinator 5m retracement-Live trading

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  • Post #1,841
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  • Jun 23, 2011 6:33pm Jun 23, 2011 6:33pm
  •  SteveHopwood
  • | Commercial Member | Joined Apr 2007 | 8,331 Posts
Quoting stevecartwright
Disliked
Thanks for the replies. Its more likelythe indicators as my machine is reasonably tidy.
Ignored
The problem is that the indi's are 'custom' indi's. Custom indis invariably consist of calls to standard indi's.

TMA With Distance, for example, makes several calls to other indicators. This happens at each tick over several charts. The system uses three custom indi's, so the cpu takes a hammering.

Mostly this is not a problem, but becomes one if you have much more going on in the background.

The solution is a brand-spanking new computer with the latest mega-memory and cpu that will blow a hole in warp-space.

No, I haven't got one either. Hey ho. I restrict myself to the 5 charts recommended by Kevin, so my machine keeps on running.

 
 
  • Post #1,842
  • Quote
  • Jun 23, 2011 7:14pm Jun 23, 2011 7:14pm
  •  turboguru
  • | Joined Aug 2008 | Status: Member | 555 Posts
Quoting P.Dean
Disliked
this is a perfect example of a trader that is lost in threads...

this chart and post is irrelevant to this thread..
i am not going to even explain it.

don't be offended but you left me no choice..
Ignored
These charts are extremely relevant now lets add the next chart that shows the signals from this thread. Sorry your trades were losers just pointing out true PA. Wasn't trying to offend anyone. For the new traders you can't take trades off the signals alone have to understand PA a little. Now the 3rd chart price at top of tma and hitting bottom of the price it just broke and down she goes and entry would have been the RF signal text book short.
Attached Image(s) (click to enlarge)
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Name: eu.gif
Size: 16 KB
Click to Enlarge

Name: eu tma.gif
Size: 28 KB
 
 
  • Post #1,843
  • Quote
  • Jun 23, 2011 7:25pm Jun 23, 2011 7:25pm
  •  docrock
  • | Joined Jul 2010 | Status: Rock Hard | 239 Posts
Quoting turboguru
Disliked
These charts are extremely relevant
Ignored


Turbo,
What , uh, can you elaborate...

You lost me
 
 
  • Post #1,844
  • Quote
  • Jun 23, 2011 8:28pm Jun 23, 2011 8:28pm
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
anyone up and about spotting any setups, i like to trade a couple hours of the asian
 
 
  • Post #1,845
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  • Jun 23, 2011 9:06pm Jun 23, 2011 9:06pm
  •  orionhan
  • | Joined Jun 2010 | Status: Member | 50 Posts
Quoting deankenny21
Disliked
anyone up and about spotting any setups, i like to trade a couple hours of the asian
Ignored
Hi,

USD/CAD looks like a possible setup for short?
 
 
  • Post #1,846
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  • Jun 23, 2011 9:17pm Jun 23, 2011 9:17pm
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
Quoting orionhan
Disliked
Hi,

USD/CAD looks like a possible setup for short?
Ignored
yes i spotted that i got too eager and entered on a quick down rf bar appearing, i pulled out at -11 pips, now waiting for it to go higher maybe for rentry?

also take a look at eur chf for a possible long?
 
 
  • Post #1,847
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  • Jun 23, 2011 9:30pm Jun 23, 2011 9:30pm
  •  orionhan
  • | Joined Jun 2010 | Status: Member | 50 Posts
Quoting deankenny21
Disliked
yes i spotted that i got too eager and entered on a quick down rf bar appearing, i pulled out at -11 pips, now waiting for it to go higher maybe for rentry?

also take a look at eur chf for a possible long?
Ignored
i think you're right. but asian market really doesn't shift the candle stick as much as they do during the US market. Think I'll just sit out for asian market.
 
 
  • Post #1,848
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  • Jun 23, 2011 9:38pm Jun 23, 2011 9:38pm
  •  orionhan
  • | Joined Jun 2010 | Status: Member | 50 Posts
just got stop out of USD/CAD for -6pips.
 
 
  • Post #1,849
  • Quote
  • Jun 23, 2011 9:47pm Jun 23, 2011 9:47pm
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
Quoting orionhan
Disliked
just got stop out of USD/CAD for -6pips.
Ignored
where did u enter, as i didnt see any down rf bar after my entry ?
 
 
  • Post #1,850
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  • Jun 23, 2011 9:53pm Jun 23, 2011 9:53pm
  •  orionhan
  • | Joined Jun 2010 | Status: Member | 50 Posts
Quoting deankenny21
Disliked
where did u enter, as i didnt see any down rf bar after my entry ?
Ignored
oops i should have waited for the rf bar to appear before I enter. Guess I was too eager and entered once the price touches the top of TMA
 
 
  • Post #1,851
  • Quote
  • Jun 24, 2011 2:29am Jun 24, 2011 2:29am
  •  peterporter
  • | Joined Mar 2010 | Status: Member | 401 Posts
All pretty quiet this morning
 
 
  • Post #1,852
  • Quote
  • Jun 24, 2011 2:32am Jun 24, 2011 2:32am
  •  rohule
  • | Joined Jan 2010 | Status: trading 4x 4 life | 559 Posts
the market will stay noisy and slow due the end of the QE2 next week
passion and discipline
 
 
  • Post #1,853
  • Quote
  • Jun 24, 2011 8:12am Jun 24, 2011 8:12am
  •  66trader66
  • | Joined May 2008 | Status: Member | 74 Posts
Quoting stevecartwright
Disliked
Hi,
I have been reading and looking at the system, however, it seems to really slug my machine. Doers anyone else suffer this problem i.e. slow performance.
Ignored
Steve, I am experiencing the same problem. This system seems to use a large amount of my CPU power; up to 80 or 90%. It's a hog but have several successful trades with it, so far.
 
 
  • Post #1,854
  • Quote
  • Jun 24, 2011 8:13am Jun 24, 2011 8:13am
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
Quoting 66trader66
Disliked
Steve, I am experiencing the same problem. This system seems to use a large amount of my CPU power; up to 80 or 90%. It's a hog but have several successful trades with it, so far.
Ignored

i have 6 mt4 loaded up 2 fxpros and 4 alparis, one of which is my live account, i do notice cpu slowdown etc, they all use hell alot of resources, but i dont really notice it as my comp is more than capable power wise.
 
 
  • Post #1,855
  • Quote
  • Jun 24, 2011 8:28am Jun 24, 2011 8:28am
  •  peterporter
  • | Joined Mar 2010 | Status: Member | 401 Posts
mom eurchf sell
 
 
  • Post #1,856
  • Quote
  • Edited 8:52am Jun 24, 2011 8:30am | Edited 8:52am
  •  jmw1970
  • Joined Sep 2010 | Status: Trader & MQL Coder | 776 Posts
EURUSD - buy

both stochs up, initial target upper band

EDIT: Price was unable to hold the break of the middle line
stopped out -19.6 pips

first loss this week.. (although missed a lot of the trading week with technical issues)
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  • Post #1,857
  • Quote
  • Jun 24, 2011 8:31am Jun 24, 2011 8:31am
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
Quoting jmw1970
Disliked
EURUSD - buy

both stochs up, initial target upper band
Ignored
now i understand the 4hr being different for some people coz of timezones on brokers, but my 1hr is showing down on eur usd

on another note, i bought aud usd according to mom rules, aiming for upper band
 
 
  • Post #1,858
  • Quote
  • Jun 24, 2011 8:36am Jun 24, 2011 8:36am
  •  jmw1970
  • Joined Sep 2010 | Status: Trader & MQL Coder | 776 Posts
I personally use 30m not 1hr

Quoting deankenny21
Disliked
now i understand the 4hr being different for some people coz of timezones on brokers, but my 1hr is showing down on eur usd
Ignored
 
 
  • Post #1,859
  • Quote
  • Jun 24, 2011 8:37am Jun 24, 2011 8:37am
  •  deankenny21
  • Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,735 Posts
Quoting jmw1970
Disliked
I personally use 30m not 1hr
Ignored
ah that would explain it. i started off well, but losing quite alot of pips past couple of days, i must be making some beginner errors somewhere.

Im in a long aud usd which is around 8 pips in profit, aiing for upper band

update - audusd now down to 1pip profit only, what do u suggest bail out or wait?
 
 
  • Post #1,860
  • Quote
  • Jun 24, 2011 8:46am Jun 24, 2011 8:46am
  •  jmw1970
  • Joined Sep 2010 | Status: Trader & MQL Coder | 776 Posts
your AU trade looks to have the same problem my EU trade had (updated the previous post)

unable to hold the break of the middle line

this where you must decide to hold or let it stop out

though if you look at the 4h stoch, although up there has been next to no movement in the last hours

Quoting deankenny21
Disliked
ah that would explain it. i started off well, but losing quite alot of pips past couple of days, i must be making some beginner errors somewhere.

Im in a long aud usd which is around 8 pips in profit, aiing for upper band

update - audusd now down to 1pip profit only, what do u suggest bail out or wait?
Ignored
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