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angle of incidence

  • #41
  • May 15, 2011 6:01am May 15, 2011 6:01am
Quoting hayseed
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hey miss p....... your too late...... priscilla beat the bad side out of me long ago...... now i'm just a little angel.......

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now don't breakout the champange just yet but speakin of predictions, just a couple weeks ago many of the headliners were sendin the usd to an early grave......
Okay, I believe you, Mr. Too Damn Good.

Well, you know I'm not a US$ fan but I try not to let my bias get in the way and it's still looking good to me for more US$ gains both chart and sentiment wise so I know which way I'll be looking to place my bets. Let's see how far they can run it up before we hit the Summer Sludge.
Nothing worth having is easy.
  • #42
  • May 15, 2011 10:59pm May 15, 2011 10:59pm
Quoting Patience
I try not to let my bias get in the way.
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yeah, your lack of bias was the third thing i noticed about you...... kinda like the wind myself, change when the market says change......

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speakin of bias, some say black holes are created by supernovas collapsing and others say it's from superheated discussions reguarding price action vs indicators..... tend to keep my shut..... just in case, if ya know what i mean........

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the most common arguement is indicators lag...... ok..... i get it....... they lag........ so what......

using the eurchf day chart as an example, it's clear the ao's sell entry signal would have been 150 pips from the top...... ok..... i get it....... it lags........ so what......

the bbands indicator gave a sell signal 4 days later...... ok..... i get it....... it lags........ so what......

the rsi crossing 50 was later still , macd crossing 0........ on and on......

priscilla will be the last to get in the truck and indicators will lag...... i get it.......

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course using the 240 or 60 minute chart would lag less..... and perhaps something other than the ao would give a faster signal....... say maybe something like angles......

.......nah...... forget angles....... who the heck brought that dang sore subject up anyway........


anywho..... faster is nice and some other indicator might signal earlier...... but priscilla will always be the last to get in the truck........ h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf.jpg Size: 146 KB
Click to Enlarge Name: eurchf bands.jpg Size: 145 KB
Click to Enlarge Name: eurchf rsi.jpg Size: 153 KB
to trade and code, keep both simple... no call to impress....h
  • #43
  • May 16, 2011 5:03pm May 16, 2011 5:03pm
Quoting hayseed
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yeah, your lack of bias was the third thing i noticed about you...... kinda like the wind myself, change when the market says change......

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speakin of bias, some say black holes are created by supernovas collapsing and others say it's from superheated discussions reguarding price action vs indicators..... tend to keep my shut..... just in case, if ya know what i mean........
My lack of bias? That was a joke right? Well I try .... not to ..... have a bias

Interesting post I must say. I don't use metatrader other than for charting purposes but I'm gonna watch those YouTube vids again until it sinks in ... duh, duh, duh. Yeah, I get why you keep your mouth shut. Trendlines work/don't work, indicators lag, gap/no gap, EW is hot/not, VSA works/doesn't work, 5% a day is easily doable/not doable - all very touchy subjects around this forum.

But one thing that surprised me was that you speak waaaaaaaaaaayyyy faster than I ever imagined. And not a lot surprises me. Anyway, I've hijacked this old thread in the Members Lounge so I could post the SSI for you without messing up your most intelligent thread. I've been a little naughty lately posting irrelevant nonsense in a few threads around the place to amuse myself.
Nothing worth having is easy.
  • #44
  • May 17, 2011 9:52am May 17, 2011 9:52am
Quoting Patience
My lack of bias? That was a joke right? Well I try .... not to ..... have a bias

.
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if you have much, you hide it well...... there is nothing wrong with strong preferences but the black hole of dispair is flat full of overly biased convictions..... yeah, talked fast cause some don't have dsl..... usually talk painfully slow.......

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there are some of those hotly contested subjects that loose value when your trading methods change.....

the 60 or 240 indicator lag, spread, execution time and such...... really, how much does it matter that the execution took 4 micro seconds as opposed to 1 or the spread was 6 instead of 2 when the trades target is 600 pips..... not much at all......

indicator lag needs to be considered however..... and by coincedence the market just helped me make a point......

the first chart below should have only open trades...... the second should open and closed trades..... the green lines plot closed trades..... the indicator was posted earlier...... and the third shows a new trade at the top.....

the reason for some of the buys closing was the market was moving against them hard and some indicator said close....... what now is clearly seen as too early, was back then not clear at all..... the ea looked at the indicators signal and closed some trades cause they were poorly positioned and at risk of moving to a loss......

minutes ago while writing this the new usdcad hit the board..... indicators can signal a new trade too late...... whether that particular buy makes it or not, only time will tell......

indicators signal actions...... that's all...... the ea must make the decision to act or not to act......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad.jpg Size: 113 KB
Click to Enlarge Name: usdcad closed.jpg Size: 117 KB
Click to Enlarge Name: usdcad closed topper.jpg Size: 119 KB
Click to Enlarge Name: angles 2.jpg Size: 103 KB
to trade and code, keep both simple... no call to impress....h
  • #45
  • May 18, 2011 9:00am May 18, 2011 9:00am
the boe has sworn duties, one of which is managing inflation..... that's a tough row to hoe......

and it won't be any easier for us to trade....... time is tight so briefly...... a gbp mirage is at the horizion.......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 240.jpg Size: 114 KB
Click to Enlarge Name: gbpusd day.jpg Size: 136 KB
Click to Enlarge Name: gbpusd week.jpg Size: 115 KB
to trade and code, keep both simple... no call to impress....h
  • #46
  • May 18, 2011 9:25am May 18, 2011 9:25am
gbpnzd...... not in it..... yet.......

currently not in the gbpchf either....... shorts posted few weeks ago were taken out by a sharp retrace..... approx 600 pips to early...... such is life......

watchin every pair with a g in it like a hawk......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpnzd day.jpg Size: 90 KB
Click to Enlarge Name: gbpnzd week.jpg Size: 84 KB
Click to Enlarge Name: gbpchf day.jpg Size: 67 KB
to trade and code, keep both simple... no call to impress....h
  • #47
  • May 23, 2011 12:20pm May 23, 2011 12:20pm
Quoting hayseed
gbpnzd...... not in it..... yet.......
watchin every pair with a g in it like ahawk......h
//---
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someone once said, 'don't move to you see it'.....

so, still waitin on the gbpnzd...... patiently......

//----

when the blind start mud slingin no one is safe...... just in case you didn't get a chance to read the funny papers this morning, here's the latest joke....... "time is running out for the uk economy and the sterling".......

.......

time ain't runnin out.... it's just runnin.......

england has been thru a fair number of scrapes in her life and has many more left in the future.....good times, bad times, low rates, high rates, they are all just part of the deal......

in 1694 the rate was 6%..... and the following year, half that..... wonder if the headlines were so presumptuous back then......


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crankin the stops down hard on the gbpusd and eurgbp....... just in case.......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpnzd weekly waitin.jpg Size: 86 KB
Click to Enlarge Name: gbpusd not waitin.jpg Size: 126 KB
to trade and code, keep both simple... no call to impress....h
  • #48
  • May 23, 2011 6:33pm May 23, 2011 6:33pm
the eurchf is at a weekly triple bottom...... might be the que for the snb to enter on stage...... if they dare.....

the world see's the chf as a safehaven and the euro as anything but...... so realistically speakin, the snb can't turn the eurchf around for long......

crankin down the stops just in case they try........h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf triple.jpg Size: 126 KB
Click to Enlarge Name: lena olin.jpg Size: 114 KB
to trade and code, keep both simple... no call to impress....h
  • #49
  • May 24, 2011 9:46am May 24, 2011 9:46am
for a variety of reasons manual trading is just not one of my abilities.....

tremendous caution must taken by anyone using ea's, esp single ea's that trade all pairs with dozens of action/trade producing signals on each pair .....

i no longer code out but members that i have vouched for might...... i take vouching dead serious...... and i am equally dead serious when i say use tremendous caution with ea's.......

do not scrimp on safeguards...... and use preemptive safeguards..... such as max open orders, margin level, orders per hour, alerts and the like......

there is nothing wrong with being woke up from a sound sleep to be alerted of havin 475+ open orders all properly placed....... or 1000.....


safeguards are a soft pillow......

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the trades from the funny talkin blonde post earlier did not last long...... less than a month..... they were takin out by something, not sure what..... been out of it since.....

last night that changed......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf 240.jpg Size: 86 KB
Click to Enlarge Name: audchf.jpg Size: 95 KB
Click to Enlarge Name: audchf pin bar.jpg Size: 89 KB
Click to Enlarge Name: max headroom.jpg Size: 143 KB
to trade and code, keep both simple... no call to impress....h
  • #50
  • May 25, 2011 7:59am May 25, 2011 7:59am
the world is fallin head over heals in love with the chf...... justifiably so......

ain't that a heck of a predicament..... to be so attractive that those looks are a detriment..... the snb is in a tight spot......

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we are now 980 pips from the audchf top and 2200 above the bottom....... it wasn't too long ago the audchf fell 2000 pips in a month..... 1500 hundred of that fall came in a week.....


in troubled times money seems to flow into the chf like the buffalo river in a thunderstorm....... it can flow out just as fast.......

keepin a tight rope and tighter stops on any pair with a c in it..... and a spare pair of floaties, just in case the water gets deep......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf split.jpg Size: 103 KB
Click to Enlarge Name: audchf month.jpg Size: 82 KB
Click to Enlarge Name: eurchf.jpg Size: 152 KB
to trade and code, keep both simple... no call to impress....h
  • #51
  • May 26, 2011 10:52am May 26, 2011 10:52am
Quoting hayseed
//---
the reason for some of the buys closing was the market was moving against them hard and some indicator said close....... what now is clearly seen as too early, was back then not clear at all..... the ea looked at the indicators signal and closed some trades cause they were poorly positioned and at risk of moving to a loss......
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and retraces continue to take out some of those usdcad orders.... dozens have come and gone since the above was posted.....

just as before, what is now seen as too early was back then not clear at all.....

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we are 3300 pips from the top and 700 from the bottom...... it broke above the steep downtrend channel but odds are little can be derived from that......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad retraces.jpg Size: 137 KB
Click to Enlarge Name: usdcad day.jpg Size: 131 KB
Click to Enlarge Name: usdcad week.jpg Size: 122 KB
to trade and code, keep both simple... no call to impress....h
  • #52
  • May 26, 2011 4:06pm May 26, 2011 4:06pm
when only a couple orders are at stake it's difficult to become tilted against any one currency......

when hundreds and hundreds and hundreds are open, it's quite easy.....

safeguards can be coded to alert when the account has become unbalanced......

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alerts went off and the eur short orders were trimed back hard.... some pairs wiped clean....... such as both the euraud and eurnzd......

when the bell rings at closing time, it's best to not dally..... get up..... take your pick ...... and move on...... otherwise you might end up going home with some stragler you'll regret in the morning......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraud.gif Size: 19 KB
Click to Enlarge Name: eurnzd 240.gif Size: 16 KB
Click to Enlarge Name: eurnzd week.gif Size: 17 KB
Click to Enlarge Name: eurnzd.gif Size: 18 KB
to trade and code, keep both simple... no call to impress....h
  • #53
  • May 28, 2011 1:35pm May 28, 2011 1:35pm
Quoting hayseed
when the bell rings at closing time, it's best to not dally..... get up..... take your pick ...... and move on...... otherwise you might end up going home with some stragler you'll regret in the morning......h
Happened often has it Hayseed? A bloke on the E/U thread said he just gives them cab money to get home to get rid of them. I suggested to him that they went to his place so that they didn't have to get rid of him in the morning. And the girls are thinking to themselves "cab money? Bonus" ... LOL

I've been keeping a sly eye on NZD/USD and was quite stunned at it's performance recently. It's back at it's 2008 highs. Then I saw this article so it started making more sense. As for the CHF all I can say is that I'm glad that I wasn't on the other side of that trade.

Nice trading as usual. You must have bought your super duper 4 wheel drive by now.
Nothing worth having is easy.
  • #54
  • May 28, 2011 10:18pm May 28, 2011 10:18pm
Quoting Patience
Happened often has it Hayseed?.
//----
......not to me...... have never taken a drink in my life...... or smoked either..... diet cokes and pepermint sticks are my limit.......

have picked up a stragler...... at the mud races though...... remember, that's where i met priscilla.....

figured dating her would get me into the races free..... trouble was she figured the same thing...... i been paying ever since...... dang women.......

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kinda doubt the china will have a lastin effect on the nzd..... just a flash in the pan more than likely...... wouldn't hurt my feelin's if they slung a liitle money canada's way...... the cad is killin me.......

whole pack of trades closed last week...... gotta little change in my pocket....... subject to change of course......h

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posted the indicator below also over in the platform tech section with instructions in case anyone has questions......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audchf.jpg Size: 70 KB
Click to Enlarge Name: euraud.jpg Size: 80 KB
Click to Enlarge Name: eurgbp.jpg Size: 80 KB
Attached File(s)
File Type: mq4 history expanded.mq4   8 KB | 335 downloads
to trade and code, keep both simple... no call to impress....h
  • #55
  • Jun 16, 2011 6:50pm Jun 16, 2011 6:50pm
Quoting hayseed
//----
......not to me...... have never taken a drink in my life...... or smoked either..... diet cokes and pepermint sticks are my limit.......

have picked up a stragler...... at the mud races though...... remember, that's where i met priscilla.....
Sup Hayseed? I do remember that you met Priscilla there because I remember the strangest of things. Never taken a drink in your life? Oh, my, my, my. Don't worry. I've drunk your share. I thought Platypus was bad with his alcohol free beer but you are even more of a lightweight. What's up with you Americans?

Well I'm finally in the land of the long white cloud and have discovered that I do know some people that hunt. Duck season has opened and they are a shooting them down. If you manage to make it over here I'll send you up to Mahia to join the boys. They're thinking about pheasant hunting next year. Got a boat too if you feel like a spot of fishing.

As for trading, it's just plodding along. Little distracted at the moment so my ninja trading has been put to the side and I'm having to do a little longer term trading.

How is that Burger King takeover looking?
Nothing worth having is easy.
  • #56
  • Jun 16, 2011 10:11pm Jun 16, 2011 10:11pm
hey miss p..... so you traveled 12000 miles just to escape the euro fallout..... smooth move..... ..... have fun in the sun......

the burger king takeover has been replaced by a subway takeover.... it was a health conscious decision..... over-weight americans ya know......

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don't let those ninja knives get rusty..... this is the year of all years for traders.....

odd you should mention "remember the strangest of things".....

phy said something years ago that stuck with me and has been hard on my mind lately..... so much so i found a idle account, moved out all but 500 back on june 1 and givin it a whirl.....

roughly 2% accountequity() profittarget with roughly 1% accountequity() stoploss per trade...... the current goal is 600 pips a day..... that 600 requirement drops as balance grows and lots increase..... the 2% 1% ratio does not change.....

it ain't as easy as it sounds..... only closed 2400 pips so far with about 3000 still open..... should be at least 6000 closed by now.....

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hope to take ya up on that duck hunt one day..... noticed they have subways down there too so it will be a tax deductable business trip.......h
Attached Image (click to enlarge)
Click to Enlarge Name: smooth moves.jpg Size: 207 KB
to trade and code, keep both simple... no call to impress....h
  • #57
  • Jun 18, 2011 8:07pm Jun 18, 2011 8:07pm
Quoting hayseed
don't let those ninja knives get rusty..... this is the year of all years for traders.....
Are you saying that because the Dodd-Frank Act seems to be whittling away all US residents' rights? It's scary stuff. Oanda have apparently FIFO'ed my butt as well. Haven't run into any serious problems with that yet because of my numerous sub-accounts but it's just another brick in the wall.

Quoting hayseed
it ain't as easy as it sounds..... only closed 2400 pips so far with about 3000 still open..... should be at least 6000 closed by now.....

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hope to take ya up on that duck hunt one day..... noticed they have subways down there too so it will be a tax deductable business trip.......h
It doesn't sound easy at all to me ... lol. All the best with that.

To be honest, I much prefer Subway to Mickey D's or Burger King so good choice. It took Subway ages to get to the UK. I'm sure they were in NZ before I even spied one in the UK.

And it's raining cats 'n dogs here in Wellington. Well, I guess I can't really moan because it is winter. I had to escape the rain in Wellington last weekend and head to the sunny Hawke's Bay region (aka the Fruitbowl of NZ) to visit some friends. It didn't disappoint me.
Nothing worth having is easy.
  • #58
  • Aug 8, 2011 10:10am Aug 8, 2011 10:10am
Quoting Patience
Are you saying that because the Dodd-Frank Act seems to be whittling away all US residents' rights? It's scary stuff. .
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hey miss p..... sorry for my absence, still working on my hot new project that has nothing to do with forex......

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really not sure just what the dud-frank act does..... never looked at it..... haven't noticed missing any rights that were really needed...... course it might impact others differently.....


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speakin of scary stuff's...... the big bad s&p took away an a...... ooooohhhhhh, i soooooooo scared....... .........

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however,

first,,,,,
my taxes were well over 100k last year..... now that might sound like a lot, but consider today our tax rates are 50% less than what they were not very long ago...... increasing them 10% would not hurt me at all......

second,,,,,
just to be a jerk, a complete jerk, wouldn't be a hoot if someone opened a brand new account...... never shorted the dollar ...... trade only angles in the chart........ and never have more than one losing trade.....

will bet you a meal at subway, it can be done......

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have a word or two for the s&p, but due to ladies being present will hold them back.......h

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Attached Image (click to enlarge)
Click to Enlarge Name: fahrenheit 451 eurusd.jpg Size: 156 KB
to trade and code, keep both simple... no call to impress....h
  • #59
  • Aug 9, 2011 1:54pm Aug 9, 2011 1:54pm
macsum is sinkin like a rock....... nasdaq worse still......

the world is swimmin in the dead of night to climb aboard the chf viewed to be the only lifeboat in rough seas.......

that act alone will sink even the safest ships...... sometimes it's best to just dog paddle and wait on sunrise........h
to trade and code, keep both simple... no call to impress....h
  • #60
  • Aug 12, 2011 10:08pm Aug 12, 2011 10:08pm
Quoting hayseed
//----

just to be a jerk, a complete jerk, wouldn't be a hoot if someone opened a brand new account...... never shorted the dollar ...... trade only angles in the chart........ and never have more than one losing trade.....

will bet you a meal at subway, it can be done......
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up against the wall substandard and poor's..... spread'em..... wider.....

you done shot your spitballs at someone that shoots back...... when the cops get through with your butt, my aunt rosie has something for your, expletive deleted missing a.....


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107 trades no losses..... Fahrenheit 451......h

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Attached Image(s) (click to enlarge)
Click to Enlarge Name: spreadem.png Size: 349 KB
Click to Enlarge Name: rosie-the-riveter-t7219.jpg Size: 242 KB
to trade and code, keep both simple... no call to impress....h
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