"I know one thing, that I know nothing." Sokrates
- #44,281
- Jul 25, 2012 9:32am Jul 25, 2012 9:32am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
- #44,282
- Jul 25, 2012 9:33am Jul 25, 2012 9:33am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
Read Charts - Not Papers
- #44,283
- Jul 25, 2012 9:34am Jul 25, 2012 9:34am
- Joined Apr 2011 | Status: That the best u can do, u pansies? | 6,087 Posts
Hehehe...
That's the curse of the business.
It's like going to school, learning everyday and never been promoted to the higher grade
--
the key is just to be thankful for what you get.
remember failure keeps you humble, success keeps you glowing, and faith is the only thing that keeps you going.
- #44,284
- Jul 25, 2012 9:38am Jul 25, 2012 9:38am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
ps... EURUSD & AUDUSD
We gonna see nice DOWN DOWN in next 40-50 minutes ;-)
I hope so...
Last barrier now is 100EMA on 5M...
Holding strong, but must break
Read Charts - Not Papers
- #44,285
- Jul 25, 2012 9:41am Jul 25, 2012 9:41am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Yeah well my experience in marine engines is limited to the below 20 meter pleasure craft market... much below
The largest I owned was a 12 meter with two mercruiser 7.4 Liter with Bravo II outdrives. (375HP each). They almost bankrupt me every time I started the engines... and that was at Canadian fuel prices in 2005. Just imagine if I had to fill them up in Malta in 2012. LOL
at the moment, I have an 8 meter Scanner rib fitted with one of those engines and it drinks gas like a dipsomaniac - especially at 40 knots, which is why it spends most of its time at a sedate 25 knots....and being small, I can get nearer the action
....darnit, wrong pic, but you get the idea
Trading Levels with WRBs
- #44,286
- Jul 25, 2012 9:48am Jul 25, 2012 9:48am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Been keeping quiet last few days as these are levels (extremes) I don't like to trade.
But couldn't resist this post!
Those who say it cannot be done should not interrupt those who are doing it
- #44,287
- Jul 25, 2012 9:54am Jul 25, 2012 9:54am
- Joined May 2010 | Status: Simple chart is the best... | 2,014 Posts
ps... EURUSD & AUDUSD
We gonna see nice DOWN DOWN in next 40-50 minutes ;-)
I hope so...
Damn... I was wrong... it took 20 minutes
Read Charts - Not Papers
- #44,289
- Jul 25, 2012 10:00am Jul 25, 2012 10:00am
Maybe it is controversial. All i want is that people understand that there really isn't a gap. Otherwise they have the wrong assumption. If they then trade it thats fine with me.
That's a controversial issue Swede. There are just as many who believe in it as there are who don't... as as long as it is seen as a valid trade by a large percentage, then it becomes a self-fulfilling prophecy when it is in confluence with other indicators... just like all other technical indicators.
Many don't believe in MAs, yet price always pauses at them.
Same applies to Fibo, MacD divergences, Daily pivots etc.
However, when you see a confluence of at least 3 indicators that suggest resistance or support combined with historical areas...
- #44,291
- Jul 25, 2012 10:03am Jul 25, 2012 10:03am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Damn... I was wrong... it took 20 minutes
That's the last time I'm listening to you 
Those who say it cannot be done should not interrupt those who are doing it
- #44,293
- Jul 25, 2012 10:08am Jul 25, 2012 10:08am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hey pt it's been a while! Quick question for you remember that cci system you were working on a while back on the m5, well are you still working on that or is it thrown in the drawer and left to be undiscovered? The reason I ask is because I need an automated trader something good I'm way too busy with sports spread betting!
Well, that CCi project, like most other EA projects I've started in the last 2 years, is somewhere on my hard drive unfinished. The long and short of it is that in these market conditions, no robot has the ability to pick tops and bottoms consistently. Perhaps when all the political chaos is out of the way, we may be able to return to automated trading. Till then, I'm doing it manually. That way if I mess up, it's my fault for making the wrong trading decision as opposed to my fault for stupidly relying on a dumb program to do it for me.
Those who say it cannot be done should not interrupt those who are doing it
- #44,294
- Jul 25, 2012 10:12am Jul 25, 2012 10:12am
Been keeping quiet last few days as these are levels (extremes) I don't like to trade.
But couldn't resist this post!
i prefer a little speed and to be low in the water.. untilla wave hits anyway!
btw..MAD day today!
If ask a silly question.. forgive me!i'm just confused again!
- #44,295
- Jul 25, 2012 10:20am Jul 25, 2012 10:20am
- | Joined Nov 2011 | Status: Trader | 2,104 Posts
nice!
i prefer a little speed and to be low in the water.. untilla wave hits anyway!
btw..MAD day today!
I observe your reality but live my own. 
- #44,296
- Jul 25, 2012 10:22am Jul 25, 2012 10:22am
Hi Rod, Nice to see you back here. I guess you've been busy in the gambling business
Well, that CCi project, like most other EA projects I've started in the last 2 years, is somewhere on my hard drive unfinished. The long and short of it is that in these market conditions, no robot has the ability to pick tops and bottoms consistently. Perhaps when all the political chaos is out of the way, we may be able to return to automated trading. Till then, I'm doing it manually. That way if I mess up, it's my fault for making the wrong trading decision...
Yes I agree with you however I hoped you had some high frequency based system on the m1 or m5 right now all I'm doing is ten pip trades across 3 pairings on the m1 fast and effective with tight stops. So that is why I asked
I hope you're still holding all those shorts from 1.34 etc we're edging nearer the magic 1.18 you always talked about!
Hey harpe, exams went well into my final year of university now have to start looking for careers or do this full time which I don't think I will not yet anyway! How's everything with you how's the trading
.....
Bulls Run. Bears Bite. We Profit.
- #44,298
- Jul 25, 2012 10:26am Jul 25, 2012 10:26am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Sports spread betting is great especially when you have good knowledge of English and Irish horse racing i use systems that allow to win no matter what the result I basically scalp price changes so therefore I view it as investing not gambling
Yes I agree with you however I hoped you had some high frequency based system on the m1 or m5 right now all I'm doing is ten pip trades across 3 pairings on the m1 fast and effective with tight stops. So that is why I asked
I hope you're still holding all those shorts from 1.34 etc we're...
Now I have some fresh small positions at 1.2314, 1.2236 and 1.2140
Let's see how they play out.
Those who say it cannot be done should not interrupt those who are doing it
- #44,299
- Jul 25, 2012 10:34am Jul 25, 2012 10:34am
Yep I'm still holding my 1.4647 and 1.3410 but I cleared all the others off the board and took partials on the remain ing two for a total of over 7600 pips.
Now I have some fresh small positions at 1.2314, 1.2236 and 1.2140
Let's see how they play out.
- #44,300
- Jul 25, 2012 10:49am Jul 25, 2012 10:49am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Yep I'm still holding my 1.4647 and 1.3410 but I cleared all the others off the board and took partials on the remain ing two for a total of over 7600 pips.
Now I have some fresh small positions at 1.2314, 1.2236 and 1.2140
Let's see how they play out.
Trading Levels with WRBs