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Trading Made Simple EA by Guess Whom

  • #2,421
  • Dec 2, 2011 7:22am Dec 2, 2011 7:22am
Quoting blazko
nope

had only 4hrs of sleep?
I sleep when I come from school for about 2 hours so it's okay, that's a normal day dude

I just like it when I'm right... yesterday, I said london was going to be a risk on session (the open), and see where we are, just before the NFP

Risk on, right?

Markets trade the expectations.
  • #2,422
  • Dec 2, 2011 7:27am Dec 2, 2011 7:27am
Now let's see the big NFP
  • #2,423
  • Dec 2, 2011 7:41am Dec 2, 2011 7:41am
Quoting Pbh
Now let's see the big NFP
so far it looks like london open was trading expectations (yes... just like you said) and now they are selling facts.
  • #2,424
  • Dec 2, 2011 7:43am Dec 2, 2011 7:43am
Quoting blazko
so far it looks like london open was trading expectations (yes... just like you said) and now they are selling facts.
Exactly.. the only thing that is shaking fundies hands is the unemployment rate which was highly expected not to change, and came out 0.4% lower, which is much better.
  • #2,425
  • Dec 2, 2011 7:50am Dec 2, 2011 7:50am
Quoting Pbh
Exactly.. the only thing that is shaking fundies hands is the unemployment rate which was highly expected not to change, and came out 0.4% lower, which is much better.
Now it became a buy... I asked PT if any number has been revised and this is his answer:

Last month's number was revised up 20K from 80k to 100k The month before that was also revised up to 52K from the previously revised 158K to 210K

That means that today's number is effectively 120K + 20K + 52K = 192K

The big surprise is a decrease in the unemployment rate from 9% to 8.6%
This 8.6% number makes no sense because there were not that many jobs created. Therefore the workforce participation rate must have dropped. That means many unemployed have given up looking for a job.

This is not a very good scene but it is not bad either. It just reflects the lack of confidence the workforce has in the employment market.

Now, will it go up or down? I feel this may turn into a buy the hopium, sell the reality. We will have to wait and see how the NYSE and CME floor traders react to this at 9:30am NY time.
  • #2,426
  • Dec 2, 2011 9:39am Dec 2, 2011 9:39am
weekly profit taking
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  • #2,427
  • Dec 2, 2011 9:41am Dec 2, 2011 9:41am
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  • #2,428
  • Dec 2, 2011 10:05am Dec 2, 2011 10:05am
Any running short trade, I would close it on candle color change, and that's done for the week.

See ya around, pretty busy next week.

RBA expected to cut rates by 25bsp, ECB on pressure with dragui, EU summit on Friday, Greek 2012 budget... pretty interesting
  • #2,429
  • Dec 2, 2011 10:17am Dec 2, 2011 10:17am
Really cool sell-off, this is why I like this system.. you just got to wrap it up with some fundamental analysis, market flows, and done.

Perfect trades.
  • #2,430
  • Dec 2, 2011 11:13am Dec 2, 2011 11:13am
PHB Hello, I'm trying here in the forums posts related to the SL and TP, but I can not find the post, you can tell me please.
I wish to close the best trades of 22 with TMS file set 15m PHB.
One question: how do you have other traders on site during the day trades, with TMS 22 or more, you follow them closely during the day or see the results come back from work? For me it's important to find a proper closing of the trade since birth in the morning and return in the evening, so I have the opportunity to follow closely. I must learn well the closures crafts.
Again congratulations to this excellent thread , a greeting
  • #2,431
  • Dec 2, 2011 11:31am Dec 2, 2011 11:31am
Quoting caravan
PHB Hello, I'm trying here in the forums posts related to the SL and TP, but I can not find the post, you can tell me please.
I wish to close the best trades of 22 with TMS file set 15m PHB.
One question: how do you have other traders on site during the day trades, with TMS 22 or more, you follow them closely during the day or see the results come back from work? For me it's important to find a proper closing of the trade since birth in the morning and return in the evening, so I have the opportunity to follow closely. I must learn well the closures...
Well, it depends, sometimes I miss school classes because I see major potential..

Others I just predict, and come back after to see what happened.

EURUSD TDI cross, and candle color change, would be good to close
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  • #2,432
  • Dec 2, 2011 11:32am Dec 2, 2011 11:32am
Okay, we don't use TP either SL, but tell me.. do you want any of it? if soo, how many pips, trailing, candle color change, only 5EMA cross as an exit, there are so many ways to exit here.
  • #2,433
  • Dec 2, 2011 11:54am Dec 2, 2011 11:54am
Some people today might have got 400 pips others, 100, other 30.
Profit is profit.

Have a good weekend.
  • #2,434
  • Dec 2, 2011 1:05pm Dec 2, 2011 1:05pm
Here's my end of week report for the standard V22 set up (not using Hanover).

Things to note:

 

  1. Good first few trades - then steadily downhill from there.
  2. AUDUSD fired off multiple trades, closing immediately and then opening new ones. I wonder if the problem might be closing on dynamic TDI. So the condition is in place from the previous bar to open a trade, but then the current bar (dynamic) has the condition to close the trade. So open -close, open-close until a large amount of small trades has wasted quite a bit of (demo) money.

Now, I was wondering if anyone had been using the same standard V22 set up, but with Hanover enabled? I think Seller 9 did, right? Would be interested to see how it faired and if it did better.


Cheers


Invisible

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  • #2,435
  • Edited Dec 3, 2011 6:36am Dec 2, 2011 2:41pm | Edited Dec 3, 2011 6:36am
Phb right, thank you for your consideration. I note that the closure TDI Cross and Candle color change could be important for me, simple and safe. I try to find posts that relate to this type of closure. Your work is exceptional, in these days, I made ​​a lot of pips to M15, but for example, once entered in the trade is automatically set SL or TP. not being present are often sidelined by SL. I try to disturb as little as possible, because I have the honor to participate in this thread of great people.
  • #2,436
  • Dec 2, 2011 8:37pm Dec 2, 2011 8:37pm
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting Invisible
Here's my end of week report for the standard V22 set up (not using Hanover).

Things to note:

 

  1. Good first few trades - then steadily downhill from there.
  2. AUDUSD fired off multiple trades, closing immediately and then opening new ones. I wonder if the problem might be closing on dynamic TDI. So the condition is in place from the previous bar to open a trade, but then the current bar (dynamic) has the condition to close the trade. So open -close, open-close until a large amount of small trades has wasted quite a bit of (demo) money.

Now,...

Same setup, same results... Including the "error no error's" and the "multi trades" early on in the week.
Maybe a dumb question but could some of it have to do with a chosen broker? I haven't seen anyone else having these same issues using the stock settings on V22 (I'm on Alpari US)
  • #2,437
  • Dec 3, 2011 3:24am Dec 3, 2011 3:24am
Quoting Invisible
Here's my end of week report for the standard V22 set up (not using Hanover).

Things to note:

 

  1. Good first few trades - then steadily downhill from there.
  2. AUDUSD fired off multiple trades, closing immediately and then opening new ones. I wonder if the problem might be closing on dynamic TDI. So the condition is in place from the previous bar to open a trade, but then the current bar (dynamic) has the condition to close the trade. So open -close, open-close until a large amount of small trades has wasted quite a bit of (demo) money.

Now,...

Set up the TMS V22 EA on ten pairs on 29-11-2011 with Max's H4 settings plus Hanover TF = H1 SlopeConfirmationCandles = 1.

Strangely quiet for the past few days with only three open trades at the close last night.

Cheers.
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  • #2,438
  • Dec 3, 2011 4:34pm Dec 3, 2011 4:34pm
Quoting caravan
Phb right, thank you for your consideration. I note that the closure TDI Cross and Candle color change could be important for me, simple and safe. I try to find posts that relate to this type of closure. Your work is exceptional, in these days, I made ​​a lot of pips to M15, but for example, once entered in the trade is automatically set SL or TP. not being present are often sidelined by SL. I try to disturb as little as possible, because I have the honor to participate in this thread of great people.
I would recommend candle color change, just set it to true, and that's it.
EDIT: better 5EMA cross, since if price crosses, it is supposed to be losing strenght, even though, the 15 min strategy is already defined, good luck
  • #2,439
  • Dec 3, 2011 4:40pm Dec 3, 2011 4:40pm
Quoting PierreFX8888
Set up the TMS V22 EA on ten pairs on 29-11-2011 with Max's H4 settings plus Hanover TF = H1 SlopeConfirmationCandles = 1.

Strangely quiet for the past few days with only three open trades at the close last night.

Cheers.
I'm getting the same on my 3 risky charts... what I don't know is how much it could last... maybe it's going to be big, I'll have to read more information...

At one side, we have the efforts by the Finance EU leaders, probable fiscal integration.

And at the other side, we got, the truth.
  • #2,440
  • Dec 3, 2011 4:59pm Dec 3, 2011 4:59pm
Quoting Pbh
I would recommend candle color change, just set it to true, and that's it.
EDIT: better 5EMA cross, since if price crosses, it is supposed to be losing strenght, even though, the 15 min strategy is already defined, good luck
Example, difference between candle color change and 5EMA candle cross on close
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