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  • #647,361
  • May 24, 2012 2:29pm May 24, 2012 2:29pm
Quoting almo
There is a GetLastError() function you need to call after each attempt.

if GetLastError() != 0, you have a problem, and need to call your OrderModify command again. Consider using a while statement

While (GetLastError() != 0)
{
OrderModify
sleep(1000);
}


Also check to make sure that your not getting Error = 130 in your logs, as that means the SL/TP values are wrong.
Got it. Thanks. I will probably try that over the weekend and run it next week.
  • #647,362
  • May 24, 2012 2:31pm May 24, 2012 2:31pm
Quoting todstars2
Now if it will hold when we get a reaction.
It does not matter if it holds. It already made a higher high so the downtrend is over (DT = LL+LH).
  • #647,363
  • May 24, 2012 2:32pm May 24, 2012 2:32pm
No buyers, no HH...

Quoting Kowalczyk
It does not matter if it holds. It already made a higher high so the downtrend is over (DT = LL+LH)
  • #647,364
  • May 24, 2012 2:33pm May 24, 2012 2:33pm
Quoting Kowalczyk
It does not matter if it holds. It already made a higher high so the downtrend is over (DT = LL+LH)

That, depends on what TF your looking at. All I see here is another opportunity to short at a higher price
  • #647,365
  • May 24, 2012 2:33pm May 24, 2012 2:33pm
Quoting todstars2
No buyers, no HH...
I am talking about the short term intra day trend.
  • #647,366
  • May 24, 2012 2:33pm May 24, 2012 2:33pm
Quoting Kowalczyk
It does not matter if it holds. It already made a higher high so the downtrend is over (DT = LL+LH)
You don't really believe that, do you? It's a knee jerk reaction to some Italian banter late in the session...
  • #647,367
  • May 24, 2012 2:35pm May 24, 2012 2:35pm
Quoting Kowalczyk
It does not matter if it holds. It already made a higher high so the downtrend is over (DT = LL+LH).
If gold cant close above 1563 then I woldn't trust any EU up move or up move on any USD pairs
  • #647,368
  • May 24, 2012 2:37pm May 24, 2012 2:37pm
Whats not to believe. The definition of a down trend is a lower low and a lower high. It made a higher high so the down trend it technically over. No need to over complicate things.

Just because the trend is over, it does not mean that it has to go up. It can range, and then go up or down again.
  • #647,369
  • May 24, 2012 2:39pm May 24, 2012 2:39pm
Quoting Kowalczyk
It made a higher high so the down trend it technically over.
That's valid.
  • #647,370
  • May 24, 2012 2:43pm May 24, 2012 2:43pm
Quoting Kowalczyk
Whats not to believe. The definition of a down trend is a lower low and a lower high. It made a higher high so the down trend it technically over. No need to over complicate things.

Just because the trend is over, it does not mean that it has to go up. It can range, and then go up or down again.
Since we are getting technical.

Magee and classic technical analysis says: the trend isn't over until there has been at least 1% CLOSING break above the daily trend line.

But who cares...as long as we got what we want. Right?
  • #647,371
  • May 24, 2012 2:46pm May 24, 2012 2:46pm
Quoting Kowalczyk
1.2538 would break the downtrend.

EDIT: And its broken.
You're SO wrong. I'm LOLing @ you so much right now
  • #647,372
  • May 24, 2012 2:47pm May 24, 2012 2:47pm
Quoting todstars2
Since we are getting technical.

Magee and classic technical analysis says: the trend isn't over until there has been at least 1% break above the daily trend line.

But who cares...as long as we got what we want. Right?
Wrong. But this issue is not worth fight over. You can have your definition of when a trend ends and I will have mine.
  • #647,373
  • May 24, 2012 2:48pm May 24, 2012 2:48pm
Quoting todstars2
Since we are getting technical.

Magee and classic technical analysis says: the trend isn't over until there has been at least 1% break above the daily trend line.

But who cares...as long as we got what we want. Right?

That depends....what was your goal?

if your looking to scalp, then your right.....but what if your looking to start a campaign where your adding as your profits increase? In that case , your trend never materialized and if your lucky you got out with a small profit.

Bottom line....the only way to make any serious money is to catch a large trend when it first materializes, and ride it to the end for as long as you can while managing the risk.

Anything else is just gambling
  • #647,374
  • May 24, 2012 2:52pm May 24, 2012 2:52pm
They are everywhere..
Sell to 1.18 on 16 June and join the gravy train
  • #647,375
  • May 24, 2012 2:59pm May 24, 2012 2:59pm
Quoting almo
That depends....what was your goal?

if your looking to scalp, then your right.....but what if your looking to start a campaign where your adding as your profits increase? In that case , your trend never materialized and if your lucky you got out with a small profit.

Bottom line....the only way to make any serious money is to catch a large trend when it first materializes, and ride it to the end for as long as you can while managing the risk.

Anything else is just gambling
Exactly. That is the goal.

A real Trend doesn't change that quick. Not intraday, but slowly over days sometimes weeks.

That's where many newbies get trapped.

Thinking a reaction against the Primary Trend is a new trend and they wonder why they keep losing.

If its just a reaction one needs to know so they can either protect themselves against a return to the Primary Trend or enter their trade at the top of the reaction.

Intra-day charts are very misleading for trend purposes.

Its either a Primary trend or a reaction against that trend in either direction.


This is a Reaction against the Primary trend which currently remains down and to some may be a good short opportunity, and they may be right.
  • #647,376
  • May 24, 2012 3:02pm May 24, 2012 3:02pm
Quoting todstars2
Exactly. That is the goal.

A real Trend doesn't change that quick. Not intraday, but slowly over days sometimes weeks.

That's where many newbies get trapped.

Thinking a reaction against the Primary Trend is a new trend and they wonder why they keep losing.

If its just a reaction one needs to know so they can either protect themselves against a return to the Primary Trend or enter their trade at the top of the reaction.

Intra-day charts are very misleading for trend purposes.

Its either a Primary trend or a reaction against that...

I think every newbie needs to print this one. Well said!
  • #647,377
  • May 24, 2012 3:04pm May 24, 2012 3:04pm
Quoting todstars2
Exactly. That is the goal.

A real Trend doesn't change that quick. Not intraday, but slowly over days sometimes weeks.

That's where many newbies get trapped.

Thinking a reaction against the Primary Trend is a new trend and they wonder why they keep losing.

If its just a reaction one needs to know so they can either protect themselves against a return to the Primary Trend or enter their trade at the top of the reaction.

Intra-day charts are very misleading for trend purposes.

Its either a Primary trend or a reaction against that...
The problem with your argument is that I am using an intra day trend. I am not making a statement about the long term trend, but a short term one.
  • #647,378
  • May 24, 2012 3:09pm May 24, 2012 3:09pm
Quoting todstars2
Now if it will hold when we get a reaction.
For the rest of your lifes
  • #647,379
  • May 24, 2012 3:11pm May 24, 2012 3:11pm
Quoting Kowalczyk
The problem with your argument is that I am using an intra day trend. I am not making a statement about the long term trend, but a short term one.
I understand what your saying. I've been long for a bit now because of it and for a few other reasons I've posted earlier.

Let's see what happens! :-)
  • #647,380
  • May 24, 2012 3:12pm May 24, 2012 3:12pm
Quoting mkvy
For the rest of your lifes
Traders are made when they learn to call a turn when everyone else is screaming go the other direction.

Fortune favors the bold...
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