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On My Way To The Top

  • #1,141
  • Nov 23, 2011 5:50am Nov 23, 2011 5:50am
Quoting Ati Baia
Thanks. That's interesting: that you mention to reset it ...or the same error happens .... I will try that...
No problem I just figured that maybe from all the alerts in a day the objects become overloaded or something that it creates a problem within mt4 with generating more vertical lines and so that error is produced...all in theory of course....I am no coder lol and I was not able to take a look at the code with the little coding things I do know...
No man is free who is not a master of himself. -P.M.-
  • #1,142
  • Edited 9:54am Nov 23, 2011 9:39am | Edited 9:54am
Quoting pmullin86
long term trades that I posted about the other day are up now 1968 pips between 5 pairs...(not live as I'm still testing out my long term holding approach based off the mtf ema's guiding the trend...)

usd chf +398 nov.4th
nzd usd +486 nov.4th
aud usd +617 nov.4th
usd cad +175 nov.10th
gbp usd +360 nov.10th

all taken with 2% risk and stops between 20 and 35 pips for each...

so thats upwards of 100% in a month between these 5 pairs...geez I really don't have the patience for this and thats the very reason I need to get this figured out...
Looks killer man...I think you are really starting to see the BIG picture of things which you will need when you take the "JUMP". Killer thread BTW ..dont think i ever posted on it or told ya lol
  • #1,143
  • Nov 23, 2011 10:20am Nov 23, 2011 10:20am
Quoting Dredding82
Looks killer man...I think you are really starting to see the BIG picture of things which you will need when you take the "JUMP". Killer thread BTW ..dont think i ever posted on it or told ya lol
haha nice to see you around...haven't heard much from you lately...but thanks for stopping by and thanks for the kind words...lol but nope you never mentioned it before......but yeah I can honestly say everything is coming together....

Thanks again though as you've actually helped a lot along the way...
No man is free who is not a master of himself. -P.M.-
  • #1,144
  • Nov 23, 2011 10:29am Nov 23, 2011 10:29am
Quoting pmullin86
haha nice to see you around...haven't heard much from you lately...but thanks for stopping by and thanks for the kind words...lol but nope you never mentioned it before......but yeah I can honestly say everything is coming together....
Well you have not been in my chat room,Skype,Y!....and i have been busy "stealing" pips from all the newbies! lol. Are your plans still on track? if not let me know i will try and help you the best i can to get you back on them...the "JUMP" is a BIG step for everyone no matter how small if may seem at the time.
  • #1,145
  • Nov 23, 2011 10:54am Nov 23, 2011 10:54am
Quoting Dredding82
Well you have not been in my chat room,Skype,Y!....and i have been busy "stealing" pips from all the newbies! lol. Are your plans still on track? if not let me know i will try and help you the best i can to get you back on them...the "JUMP" is a BIG step for everyone no matter how small if may seem at the time.

Chatroom- I tried logging on with the same credentials I signed up with the first time when it was first started but for some reason that won't let me in anymore...and I could log on yahoo or skype more so that is my bad...haha...but yep everything is on track still thanks for the offer of help though...I have to admit I am a little bit nervous about it although I probably shouldn't be or maybe naturally anybody would be but its something I can't help especially with the time drawer nearer...
No man is free who is not a master of himself. -P.M.-
  • #1,146
  • Nov 24, 2011 3:36am Nov 24, 2011 3:36am
Hi P, I decided to only take trades where at least 3 time frames are in agreement. I am looking not just at the individual stochastic such as the 15, 30, and 60, but also at their respective ropes. I'm keeping with the rules that nothing should be in above 80 or below 20. This strategy is simple and straight forward but I do find myself having to interpret the rope at times such as this buy on the audusd. I thought the 15, 30 were fine but I had some second thoughts on the hour rope. What do you think. I guess what gave me some hesitation was the fact that the 6 3 3, 7 3 3, and 8 3 3 of the stochastic rope was still pointing down at the time of the buy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd buy.jpg Size: 199 KB
Click to Enlarge Name: audusd 1 hr rope.jpg Size: 140 KB
  • #1,147
  • Nov 24, 2011 7:11am Nov 24, 2011 7:11am
I agree with your interpretation and that rope would have kept me out as well...
No man is free who is not a master of himself. -P.M.-
  • #1,148
  • Nov 24, 2011 7:24am Nov 24, 2011 7:24am
I think that the M5 rope was also not particularly supportive at the time....MA order is barely established...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd buy.jpg Size: 484 KB
Money is important, Love is essential.
  • #1,149
  • Nov 24, 2011 9:18am Nov 24, 2011 9:18am
I'm off for the day and will have to check in a bit later and see how things turn out but stops are set to break even on eur usd sell... and gbp sell has been closed out for +4%...and me and the family are off so I will be mobile for the rest of the day...will post pics when the opportunity presents itself...in a bit of a rush now...
No man is free who is not a master of himself. -P.M.-
  • #1,150
  • Nov 24, 2011 9:54am Nov 24, 2011 9:54am
Quoting Ati Baia
I think that the M5 rope was also not particularly supportive at the time....MA order is barely established...
M5 rope at the time was not very supportive at the time....true...good that you are able to see that but ma order is fine whether it is just established or had been established for a while...actually in many cases if one can get an entry that soon after being established its usually a bit better since you are catching the newly established trend on that time frame from the beginning as opposed to when the trend may be exhausting itself...that's where the Stochs come in to confirm these things for us but I hope you understand what I'm trying to convey....
No man is free who is not a master of himself. -P.M.-
  • #1,151
  • Nov 25, 2011 11:09am Nov 25, 2011 11:09am
Well like I said before I wouldn't be trading much today or yesterday and so I haven't really but just checked in and it turns out the short position I was in on the euro usd yesterday was trailed and closed out today for 8%...so can't complain about that.....well I'm also posting a pic of the trade on the gbp usd from yesterday...and that would be it for the week as I won't be on my charts today at all...enjoying time with the family...

total for the week
+26
+4%
+8%

total= +38%
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 53 KB
Click to Enlarge Name: gbp usd.gif Size: 49 KB
No man is free who is not a master of himself. -P.M.-
  • #1,152
  • Nov 25, 2011 3:03pm Nov 25, 2011 3:03pm
I noticed you do not bother too much about the rule:
5 minute rope turns up when below the fifty level for buys and turns down above the 50 level for sells....

With the EURUSDm I noticed you sold just 8 pips above the pivot. I know it's not an official rule for the system - but because you trade sometimes the pivot level I'm a bit surprised.

But excellent weekly return.

Cheers
Ati
Money is important, Love is essential.
  • #1,153
  • Nov 25, 2011 4:59pm Nov 25, 2011 4:59pm
Quoting Ati Baia
I noticed you do not bother too much about the rule:
5 minute rope turns up when below the fifty level for buys and turns down above the 50 level for sells....

With the EURUSDm I noticed you sold just 8 pips above the pivot. I know it's not an official rule for the system - but because you trade sometimes the pivot level I'm a bit surprised.

But excellent weekly return.

Cheers
Ati
When I see everything else perfectly in line than I will take the risk especially since having extra help from the fifteen or thirty stochastic moving in line with the trend...or I guess you can say I have a little insight and can take at times little short cuts like that....and the entry was taken yesterday with the picture being from today so the pivots you see are not yesterday's pivots so it was not where you see it....but I would trade right into a pivot with my trend strategy as I don't mix up my approaches...and in theory with all rules meet than price should have enough momentum to break through a pivot or pivot level so one uses pivots and the other doesn't consider them at all except for maybe taking profits if price is at daily range and hitting a pivot level or so....and thanks....are you actually trading or just studying....
No man is free who is not a master of himself. -P.M.-
  • #1,154
  • Edited 5:34am Nov 26, 2011 2:49am | Edited 5:34am
Hey Mister Mullin!

I told you: I'll be back so here I am again!

Nice to see you getting back to Stochastics a bit more, it can become such a tour of discovery doesnt it. I like to see you making both windows on Stochastics become one and to add something else perhaps. I also used two before but you can get the essenials for the TF in one. I do admit that I'm using more TF's to watch at once though.

I've been working on some commercial setup that has nothing to do with trading but I like to continue trading again. I needed some action again after sitting too much behind my setup. Getting too lazy and free and single again!!

I did my job well, in fact it will be published on some website within week and it will be a real cracker here in the Netherlands. Its in Dutch only so I will explain later(perhaps privat).

I'm just starting to simulate from now on getting familiar againg with the marktets. I was pritty happy with my setup a few moths ago as well. I also still look at some Stochastics setup with rope and added some Trendindicator with some RSI in a window as well. And added Volume as I always knew I forgot I had to take more clues from it.

El is dead, I will remove..
Attached Image (click to enlarge)
Click to Enlarge Name: iii.jpg Size: 284 KB
Life is great!!
  • #1,155
  • Nov 26, 2011 9:25am Nov 26, 2011 9:25am
Quoting pmullin86
....are you actually trading or just studying....
At the moment... just studying...but I have some past trading experiences
Last week I opened a new small Live account ..I hope to do a little bit of trading in the new year.
M_j mailed me some of his source code: there are a lot of good ideas and useful pieces of code - but as he said: most of it is untested and some of it doesn't work.
I will mainly use his ideas to rewrite some of the indicators: and test them and fix them.

Are you a full-time trader or do you still have a day job like most of us?

Cheers
Ati
Money is important, Love is essential.
  • #1,156
  • Nov 27, 2011 5:12am Nov 27, 2011 5:12am
I read you are trading a lot while mobile:
Maybe this is of interest to you: http://codebase.mql4.com/7877
script: takes a picture of the chart at the time the trade is executed and more related once..

Cheers
Ati
Money is important, Love is essential.
  • #1,157
  • Nov 27, 2011 7:18am Nov 27, 2011 7:18am
Quoting Ati Baia
I read you are trading a lot while mobile:
Maybe this is of interest to you: http://codebase.mql4.com/7877
script: takes a picture of the chart at the time the trade is executed and more related once..

Cheers
Ati
Thanks,

It could be of interest but I already use an ea to place trades for me...
No man is free who is not a master of himself. -P.M.-
  • #1,158
  • Nov 27, 2011 7:50am Nov 27, 2011 7:50am
Quoting pmullin86
Thanks,
It could be of interest but I already use an ea to place trades for me...
I thought you enter your trades yourself....?

Cheers
Ati
Money is important, Love is essential.
  • #1,159
  • Nov 27, 2011 8:00am Nov 27, 2011 8:00am
Quoting Ati Baia
I thought you enter your trades yourself....?

Cheers
Ati

I mean it is still me entering myself but it just helps with lot size and trailing and such so I don't have to manually calculate...but I use it sometimes need to more than I do....but the times that I don't its usually because I would not have been able to use a script either...
No man is free who is not a master of himself. -P.M.-
  • #1,160
  • Nov 27, 2011 10:45am Nov 27, 2011 10:45am
I started with $5500,..and quickly bring it down to $168/- And that is when I started to be more discipline. I start to write journal via blog (http://inlovewithgold.blogspot.com) and it helped me move whatever capital I have left to $350/-.
I need to know if any of you out there knows how to maxismise your profit ? Like place more than 1 order for a currency pair and take profit at different time ? Is there a strategy or risk/reward ratio that will help bring my capital up faster ?
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