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The gg53 "Killing Zone"

  • #161
  • Sep 3, 2012 9:33pm Sep 3, 2012 9:33pm
Quoting gg53
No kidding, guys.
Things are not looking good.
This Gold rush and CHF (gold substitute) strengthening is not a good sign...

Is there something that we don't know?

G.
2 things my friend:

1. Summer session trading is now at an end, kids back to skewl, last yank long weekend of the summer.

&

2. NFP week.

Take your leave on Thursday before London open and have a long weekend!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #162
  • Sep 3, 2012 9:38pm Sep 3, 2012 9:38pm
Quoting Magix
2 things my friend:

1. Summer session trading is now at an end, kids back to skewl, last yank long weekend of the summer.

&

2. NFP week.

Take your leave on Thursday before London open and have a long weekend!

Make it 3 things...

Always be a buyer of Gold coming into Ramadan. The price of gold likes to go up during this time.

Why?

Dunno, check it, you will see what I mean.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #163
  • Sep 3, 2012 9:50pm Sep 3, 2012 9:50pm
Quoting Magix
2 things my friend:

1. Summer session trading is now at an end, kids back to skewl, last yank long weekend of the summer.

&

2. NFP week.

Take your leave on Thursday before London open and have a long weekend!

Magix,

No, no, no for Friday NFP day-off.
NFP & Gadi_OBV are good buddies !!

G.
  • #164
  • Sep 3, 2012 9:54pm Sep 3, 2012 9:54pm
Quoting Magix
Make it 3 things...

Always be a buyer of Gold coming into Ramadan. The price of gold likes to go up during this time.

Why?

Dunno, check it, you will see what I mean.

Magix,

Yeah, I'm familiar with this feature.
Couldn't find reasonable explanation.

But what's happening right now is way beyond seasonal fluctuations.

G.
  • #165
  • Sep 3, 2012 10:13pm Sep 3, 2012 10:13pm
QUIZ:

How is it possible that the #1 "Killing Zone" setup fanatic, is suggesting such an illegal (?!?!) setup?

BTW: Both Down and Up breakouts after the "End" are legal and in profit.

Answers with detailed explanation will grant the winner with many pips.
Real pips. Guaranteed !!

Hint: "Bed-time story" post.

Awaiting...http://www.forexfactory.com/images/icons/icon9.gif

G.
Attached Image (click to enlarge)
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  • #166
  • Sep 3, 2012 10:55pm Sep 3, 2012 10:55pm
Quoting gg53
No kidding, guys.
Things are not looking good.
This Gold rush and CHF (gold substitute) strengthening is not a good sign...

Is there something that we don't know?

G.
gg this is an amazing thread. Thank you for the fresh ideas.

I think that gold and chf go up because there is a lot of speculation if there will be a QE3.

Everybody is waiting the FOMC Economic projections next week on Sept 13th. If there will not be a QE3 or a clear intention for the immediate future then the stock market will crash hard and gold, chf and long-term bonds will skyrocket.

So probably the big money are shifting positions or hedging their bets on stocks. And because we are talking about billion of dollars in position, this will be done in the course of 7-10 days.

Also when you consider gold as a commodity then yes it's correlated to AUD but if the market is looking for a safe haven (gold, chf, bonds) then AUD, as a risk currency, will be sold off.

At least that's what I think...
  • #167
  • Sep 3, 2012 11:38pm Sep 3, 2012 11:38pm
Quoting FusionF
gg this is an amazing thread. Thank you for the fresh ideas.

I think that gold and chf go up because there is a lot of speculation if there will be a QE3.

Everybody is waiting the FOMC Economic projections next week on Sept 13th. If there will not be a QE3 or a clear intention for the immediate future then the stock market will crash hard and gold, chf and long-term bonds will skyrocket.

So probably the big money are shifting positions or hedging their bets on stocks. And because we are talking about billion of dollars in position, this will...
FusionF,

Thank you for your kind words.
To me the CHF and Gold rush PROPORTIONS looks like a bit more than a waiting position.

Ok, enough with the global economy guess-work (I know, I started it...).

Let's get back to making pips out of it...

G.
  • #168
  • Sep 3, 2012 11:41pm Sep 3, 2012 11:41pm
Quoting FusionF
gg this is an amazing thread. Thank you for the fresh ideas.

I think that gold and chf go up because there is a lot of speculation if there will be a QE3.

Everybody is waiting the FOMC Economic projections next week on Sept 13th. If there will not be a QE3 or a clear intention for the immediate future then the stock market will crash hard and gold, chf and long-term bonds will skyrocket.

So probably the big money are shifting positions or hedging their bets on stocks. And because we are talking about billion of dollars in position, this...
I disagree slightly with this...although I agree that the US stock markets will take a hit (as it is the QE that is propping us that market at this time), Gold will soar if they DO announce another round of QE. The QE devalues the US dollar and so speculators tend to drive up the price of gold if it is announced that more QE is on the way. And if it is announced that there is no QE needed for now, then you will see gold fall thru the floor.

But with the recent price moves on gold, one would suspect the large banks and large trading firms know something that we dont know yet...
  • #169
  • Sep 4, 2012 12:16am Sep 4, 2012 12:16am
Hey - Threaders,

Pls test the auto-horizontal lines indicators that was posted lately.
Make sure you are testing the latest versions.

Test for bugs, different TF, different settings - and pls share your findings/optimal settings and suggestions.

We are here to make something together - don't let me do all the work.

The coders worked fast and hard - they deserve some response and feedback.

Thanks,

G.
  • #170
  • Sep 4, 2012 12:52am Sep 4, 2012 12:52am
The v 1.1 with the auto horizontal bars is not placing the start line at a large bar when I tested it. Sometimes it does, but a lot of the time it is a small spinning top bar.

A large bar is usually close by though. So might just be a coding error for placing the start line.
  • #171
  • Sep 4, 2012 5:02am Sep 4, 2012 5:02am
I have now read the 12 pages of this thread and it is interesting stuff.

Kudos! jusiur!

I have one question for gg53.

Would it be possible to mark on a screenshot where he starts to see the pattern of the kill zone form so one can get an idea of when to look for the patterns and also mark the candlstick then gg53 is able to make the high and lows of this zone?

For me that would help me to understand where he starts and where he ends for looking to identify these zones.

Evaluator.:nerd:
  • #172
  • Sep 4, 2012 5:12am Sep 4, 2012 5:12am
Quoting gg53
QUIZ:

How is it possible that the #1 "Killing Zone" setup fanatic, is suggesting such an illegal (?!?!) setup?

BTW: Both Down and Up breakouts after the "End" are legal and in profit.

Answers with detailed explanation will grant the winner with many pips.
Real pips. Guaranteed !!

Hint: "Bed-time story" post.

Awaiting...http://www.forexfactory.com/images/icons/icon9.gif

G.

From your chart, are you saying the "Zone" is illegal because:

- After the second Red vertical bar at 31-Aug 07:00, there appears 4 consecutive down close bars meaning we are looking for a New "Zone" after these down bars.
  • #173
  • Sep 4, 2012 7:00am Sep 4, 2012 7:00am
Quoting gg53
QUIZ:

How is it possible that the #1 "Killing Zone" setup fanatic, is suggesting such an illegal (?!?!) setup?

Hint: "Bed-time story" post.

Awaiting...http://www.forexfactory.com/images/icons/icon9.gif

G.
Is the zone still valid because the OBv tracks did not change even though the End was signalled?
The see-saw was yet to be disturbed by the Game changer.
Also, on the 30M chart the Zone High/Low was still inside the range of the initial Big Bar.

Better Big Bars
Have been watching the Big Bars and I noticed that when the previous bar is a doji a scan will throw up "Big Bars" that are not really big.
You are more likely to get better "Big Bars" if the scan is for bars that are say "X" times the sum of the previous TWo bars(or the Avg of 2 previous bars) .
This will eliminate the problem of small/doji/pin bars.
EP
Attached Image (click to enlarge)
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  • #174
  • Sep 4, 2012 7:34am Sep 4, 2012 7:34am
@eaglepip:
this a great Indi like the one from "futurespec" too.
But I miss the lines (Killing-Zones ) Indi should be drawn.Only arrows are on my Chart.
Any idea.
Or are there none of them?
Thanks for a short info.
Greeds Zack
  • #175
  • Sep 4, 2012 7:48am Sep 4, 2012 7:48am
Hello all,

I am currently on walkabout in darkest Costa Rica -- where the internet connection is a darned sight better than it is back in UK!!

I am intrigued by this thread as it so rare to find some totally new, out-of-the-box thinking.

Please can I ask a question?

As we all know, there is no centralised exchange for FX so the volumes brokers report are unreliable.

GG has not revealed the algorithm inside the OBV indy, and my concern is that if it uses Volume in the mix, will it work better (or worse!) on some brokers than others.

Thanks a lot,

Kind regards,

Old Dog

.
  • #176
  • Sep 4, 2012 8:55am Sep 4, 2012 8:55am
Quoting Evaluator
I have now read the 12 pages of this thread and it is interesting stuff.

I have one question for gg53.

Would it be possible to mark on a screenshot where he starts to see the pattern of the kill zone form so one can get an idea of when to look for the patterns and also mark the candlstick then gg53 is able to make the high and lows of this zone?

For me that would help me to understand where he starts and where he ends for looking to identify these zones.

Evaluator.:nerd:
The high and low of the zone comes from the OBV indicator. Has nothing to do with candlesticks, other than the zone to draw the high and low horizontal lines is 6 or more candlesticks from the big candlestick. The end is a bit tricky to understand though.

The v 1.1 is doing a pretty good job of showing the range. It's just that the starting candle is a bit off. It is a great help even the way it is now because it is a good starting point to where I can make manual adjustments to the range.
  • #177
  • Sep 4, 2012 10:07am Sep 4, 2012 10:07am
Quoting Evaluator
I have now read the 12 pages of this thread and it is interesting stuff.

Kudos! jusiur!

I have one question for gg53.

Would it be possible to mark on a screenshot where he starts to see the pattern of the kill zone form so one can get an idea of when to look for the patterns and also mark the candlstick then gg53 is able to make the high and lows of this zone?

For me that would help me to understand where he starts and where he ends for looking to identify these zones.

Evaluator.:nerd:
Evaluator,

How to draw the "Killing Zone" is in post #1.
We try NOT to draw the horizontal line on the chart PA - but on the indicator.
That is because we found out that drawing them on the chart itself is very confusing - people are looking for trades on the PA and not on the indicator.

See the post "How to Trade Blindly" and the post "Let's make a Video".

G.
  • #178
  • Edited 11:03am Sep 4, 2012 10:16am | Edited 11:03am
Quoting foxybunny
From your chart, are you saying the "Zone" is illegal because:

- After the second Red vertical bar at 31-Aug 07:00, there appears 4 consecutive down close bars meaning we are looking for a New "Zone" after these down bars.
foxybunny,

Yes, and the start is not legal also.
The whole "Killing Zone" in that example is "Illegal" in terms of the guidelines of how to create it.
... and yet, it is Ok, and it makes pips.

If you knew the answer you should have won today two easy trades of ~+25 pips and ~+15 pips with very minimal risk...

Read and think!

G.
  • #179
  • Sep 4, 2012 10:20am Sep 4, 2012 10:20am
Quoting EaglePip
Is the zone still valid because the OBv tracks did not change even though the End was signalled?
The see-saw was yet to be disturbed by the Game changer.
Also, on the 30M chart the Zone High/Low was still inside the range of the initial Big Bar.

Better Big Bars
Have been watching the Big Bars and I noticed that when the previous bar is a doji a scan will throw up "Big Bars" that are not really big.
You are more likely to get better "Big Bars" if the scan is for bars that are say "X" times the sum of the previous TWo bars(or the Avg of 2...
EaglePip,

The "Killing Zone" as drawn in the QUIZ post does not conform to the standard rules.
Yet it is legal and valid even after it was ended...

G.
  • #180
  • Sep 4, 2012 10:26am Sep 4, 2012 10:26am
Quoting Old_Dog
Hello all,

I am currently on walkabout in darkest Costa Rica -- where the internet connection is a darned sight better than it is back in UK!!

I am intrigued by this thread as it so rare to find some totally new, out-of-the-box thinking.

Please can I ask a question?

As we all know, there is no centralised exchange for FX so the volumes brokers report are unreliable.

GG has not revealed the algorithm inside the OBV indy, and my concern is that if it uses Volume in the mix, will it work better (or worse!) on some brokers than others.

Thanks...

Old_Dog,

The Gadi_OBV indicator cointains no secret and no outside information, only what is supplied by your broker in a standard tick information.

Yes, volume information is not accurate and the indicator would have perform better if it was more accurate. But that's what I have.

G.
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