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Trading Made Simple EA by Guess Whom

  • #2,441
  • Dec 4, 2011 1:08am Dec 4, 2011 1:08am
PBH ok, I've been using TMS and set file V19 15 M Pbh2. I begin to try one of the closures recommended no other changes.
If we do not resent, even now I wish you Merry Christmas and a Great Year 2012, my thoughts go to all the forums.
See you soon
Attached Image
  • #2,442
  • Dec 4, 2011 2:19am Dec 4, 2011 2:19am
Quoting caravan
PBH ok, I've been using TMS and set file V19 15 M Pbh2. I begin to try one of the closures recommended no other changes.
If we do not resent, even now I wish you Merry Christmas and a Great Year 2012, my thoughts go to all the forums.
See you soon
I would recommend the 5emaCandleClosed, instead of the 5LWMA.
Enjoy your holidays.
  • #2,443
  • Dec 4, 2011 11:08am Dec 4, 2011 11:08am
This has nothing to do with TMS but take a look at the H1 and M15 on the EURUSD. If any of you are pattern watchers this could be a bear flag setup on the H1 and M15 for a short set up with a possible 100 pips.

Any thoughts

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #2,444
  • Dec 4, 2011 11:27am Dec 4, 2011 11:27am
Quoting seller9
Any thoughts
I am very curious... around this hope time, market starts to become ideal to short.. because almost "everything" has already been done (I mean, for this period of time... period = ECB, finance ministers, and politicians step in everytime we get a pretty decent crash, just to allow us to short higher).

I'm still waiting for the possibility of a fiscal integration, because to me, it looks pretty much late to ride the bull train.

In case we don't get the fiscal integration or euro printing, it's back to reality...

Anyways, euro printing would devalue the currency, so I'm pretty much between a dilema waiting for the right opportunity that might come sooner or later.
  • #2,445
  • Dec 4, 2011 1:12pm Dec 4, 2011 1:12pm
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 results with V21 with default setting on 15 pairs. Few good trades at the beginning of the week then down hill from there.

This week I will test V22 on less number of pairs on 2 demo accounts. One with Hanover (D1) enabled and one disabled.

^Sam
  • #2,446
  • Dec 4, 2011 1:50pm Dec 4, 2011 1:50pm
Michaelnew post from EurAnalysis:

Monti rescue plan approved (for now)

http://hosted2.ap.org/ALDEC/TDNation...84ee7d9532f52c

What's interesting is that what was approved in the cabinet this evening, still has to pass the Parliament vote. All thing will be announced on Monday. The measures, pretty harsh, are still opposed by some union leaders, but no serious political pressure so far.

Let's see how this plays out...

edit: not related to the topic, but if you do a search on "monti rescue plan" on Google, it brings in this thread on the first position. Anyone else is seeing this, or it is something that Google does to me, because it knows that I'm watching this constantly?
  • #2,447
  • Dec 4, 2011 3:25pm Dec 4, 2011 3:25pm
Hello, Professor Monti's press conference is ending now.
Very tough but fair on my own, explained to the Italians in a simple maneuver and I'm sure that even the political and the social partners will accept for sure. The sacrifices are equitably distributed + as viewed from the wealthy.
The pension system has been well-concerted. Politicians must put aside.
  • #2,448
  • Dec 4, 2011 3:50pm Dec 4, 2011 3:50pm
Quoting caravan
Hello, Professor Monti's press conference is ending now.
Very tough but fair on my own, explained to the Italians in a simple maneuver and I'm sure that even the political and the social partners will accept for sure. The sacrifices are equitably distributed + as viewed from the wealthy.
The pension system has been well-concerted. Politicians must put aside.
Might want to read and participate in EurAnalysis:

http://www.forexfactory.com/showthread.php?t=317077
  • #2,449
  • Dec 4, 2011 5:12pm Dec 4, 2011 5:12pm
thanks for the warning, thread importantly, the analysis is fundamental
  • #2,450
  • Dec 5, 2011 12:35am Dec 5, 2011 12:35am
It would be possible to put two jobs equal at same time: EUR / USD ; one with TMS 21 H4 and one with
TMS 19 M15
  • #2,451
  • Dec 5, 2011 11:12am Dec 5, 2011 11:12am
Quoting seller9
Here is everything you need to get you up and running with version 22 and pbh's setup.

Attachment
Pbh;

Thank you for sharing your trading strategy and market insight.

My understanding is that you are using seller9 TMS EA not fully automatic but with intervention from your side.

Can you explain your strategy and what pairs are you trading or direct me to posts that explain that.

Thanks

^Sam
  • #2,452
  • Dec 5, 2011 1:46pm Dec 5, 2011 1:46pm
"Standard and Poor’s has warned Germany and the five other triple A members of the eurozone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single currency bloc. The US ratings agency is poised to announce later on Monday that it is putting Germany, France, the Netherlands, Austria, Finland, and Luxembourg on “creditwatch negative”, meaning there is a one-in-two chance of a downgrade within 90 days."

http://www.zerohedge.com/news/sp-abo...creditwatch-ne
  • #2,453
  • Dec 5, 2011 2:09pm Dec 5, 2011 2:09pm
Quoting ^Sam
Pbh;

Thank you for sharing your trading strategy and market insight.

My understanding is that you are using seller9 TMS EA not fully automatic but with intervention from your side.

Can you explain your strategy and what pairs are you trading or direct me to posts that explain that.

Thanks

^Sam
Yes, well, for short-term, I trade very specific times:
London open +15mins 3:15 EST, US open 9:30 EST, London close 11:30 EST.

Because their equity markets open/close around those times.. so, we all expect more volume, and more wise money (institutional traders) jumping in the same fundamental direction.

I normally have a "session expectation".. and I'm more than happy with 30 pips a day...

So I get 3 opportunities (sometimes 4, the asian close is always keen to watch 02:00 EST) to jump in a single trade and get those 30 pips. Sounds easy, but you need to analyze a lot.

For example, for today's london session, I was indredibly bullish and well, I decided to go long at the london open and get my pips.

I attached 2 pictures, the first is from today, and the second is from Friday.

Both london open bullish expectations...

Now, what I do with the TMS is... if I see a strong sentiment in a big volume time (remember I have session expectations), I might want to let the strategy get me some more pips, like today with this last sell-off caused by a comment.

Or if I'm not completely biased.

at these key times, market normally retraces, so...opened trade at the London open, then US opened and I expected a surge back, so we had one... and closed that trade at the london close that is taking profit time, and jumping in a short. (Third picture)

This is not normally the case but this week is full of high-impact news, so sentiments are a little mixed.
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  • #2,454
  • Dec 5, 2011 2:13pm Dec 5, 2011 2:13pm
S&P said to place all 17 euro nations on rating downgrade watch
  • #2,455
  • Dec 5, 2011 5:01pm Dec 5, 2011 5:01pm
Quoting Pbh
Yes, well, for short-term, I trade very specific times:
London open +15mins 3:15 EST, US open 9:30 EST, London close 11:30 EST.

Because their equity markets open/close around those times.. so, we all expect more volume, and more wise money (institutional traders) jumping in the same fundamental direction.
At the beginning it was a bit hard for me to understand the money flow... relating it to fundamental analysis, and why some sessions must be wrong so the whole cycle works...

Sometimes the US sessions opens and goes against the last london expectation because they see price ready for a long/short. But when we don't get this, it's because the fundamentals are too strong to allow the traders to go against it, so the US session opens and institutional traders push the pairs in the same direction of the London open, example attached.

Coordinated move: USD swap rate cut by 50 bsp by ECB, BoE, BoJ, SNB, BoC, and I don't remember if there was another Central Bank participating.
Attached Image (click to enlarge)
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  • #2,456
  • Dec 5, 2011 6:38pm Dec 5, 2011 6:38pm
Do you ever sleep?????
  • #2,457
  • Dec 5, 2011 8:26pm Dec 5, 2011 8:26pm
Quoting seller9
Do you ever sleep?????




Don't forget Practice + Patience + Persistence = Profits
  • #2,458
  • Dec 5, 2011 8:33pm Dec 5, 2011 8:33pm
Quoting seller9
Do you ever sleep?????
Quoting maxzeus
From 04:00 EST, till 07:30 EST , sometimes I sleep during the Asian session to recover
  • #2,459
  • Dec 6, 2011 5:51am Dec 6, 2011 5:51am
Quoting Pbh
Michaelnew post from EurAnalysis:

Monti rescue plan approved (for now)

http://hosted2.ap.org/ALDEC/TDNation...84ee7d9532f52c

What's interesting is that what was approved in the cabinet this evening, still has to pass the Parliament vote. All thing will be announced on Monday. The measures, pretty harsh, are still opposed by some union leaders, but no serious political pressure so...
Guys,

Have been demoing Pbh v2 since the start of the Monday's trading day. EA made a several sell trade until I stop it agaist an upward trend, and subsequenlty closing it. Afterwards it again send a sell trade, and closing it again and again, doing this all over in a loop. There must be something wroing with the logic.

Thanks

Edd
  • #2,460
  • Dec 6, 2011 9:58am Dec 6, 2011 9:58am
Quoting Pbh
From 04:00 EST, till 07:30 EST , sometimes I sleep during the Asian session to recover
Thought maybe you took a nap at school.
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