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EurAnalysis Kindergarten 24 replies

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  • #61,221
  • Nov 21, 2012 10:15am Nov 21, 2012 10:15am
So what is the probability of 1.2880 in the next 5 days or 1.2800 in the next 60 min?

To me there is a 76% chance E will stay above 1.2800 for the next 60 min
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Trade smaller than rational because the market is irrational...
  • #61,222
  • Nov 21, 2012 10:18am Nov 21, 2012 10:18am
Quoting EuroTraderJD
So what is the probability of 1.2880 in the next 5 days or 1.2800 in the next 60 min?

To me there is a 76% chance E will stay above 1.2800 for the next 60 min
Thats pretty sick! Did you work with a programmer to design that or it off the shelf software?
  • #61,223
  • Nov 21, 2012 10:21am Nov 21, 2012 10:21am
I am waiting for all significant trend lines to break for the downside. Already seen a couple go grey (Invalidate)
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Do what you are afraid to do -Emerson
  • #61,224
  • Nov 21, 2012 10:25am Nov 21, 2012 10:25am
Quoting chodd22
Thats pretty sick! Did you work with a programmer to design that or it off the shelf software?
I am a software engineer and database admin. I wrote it myself all based on PAINFUL lessons in money management.

Now i am re writting it in DOTnet.
Trade smaller than rational because the market is irrational...
  • #61,225
  • Nov 21, 2012 10:30am Nov 21, 2012 10:30am
rekon67

Here is a clip of my New Position module.

It calculates my next position at 12,133 units. BUT my SHORT entry cannot be less than 1.2796 to stay within price plop range. This is of couse if all jives with mkt bias, indo confirmation.

Also I can review my trading plan by looking at the thumbnails on the software vs real time charts. just click to change the chart to match realtime. when done it gives you a trade determination.
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Trade smaller than rational because the market is irrational...
  • #61,226
  • Nov 21, 2012 10:31am Nov 21, 2012 10:31am
Quoting EuroTraderJD
I am a software engineer and database admin. I wrote it myself all based on PAINFUL lessons in money management.

Now i am re writting it in DOTnet.
So Cool!!
Do what you are afraid to do -Emerson
  • #61,227
  • Nov 21, 2012 10:35am Nov 21, 2012 10:35am
:nerd:
Quoting Pip_Warrior
So Cool!!
Trade smaller than rational because the market is irrational...
  • #61,228
  • Nov 21, 2012 10:43am Nov 21, 2012 10:43am
Ok, While I'm here I have two questions for my trading homies (I don't talk like that in real life if you can't tell).

1. I did not see yesterday's announcement about Greece in the FF calander. Did I just miss it?

2. I can see a technical reason for the upward move over the last 10 hours. But everyone was screaming "Sell the Euro!" right before that. Was there limited impact from that announcement? Are things already priced in? are traders waiting till Monday to short again?

The only thing I have on my side is good risk managment. But I am missing the all of the trade opportunities whether from lack of Discipline or just making the wrong call (Mind you, I see good TPO's in hind-site, but my vision is hardly 20/20 looking forward)

Help...
Do what you are afraid to do -Emerson
  • #61,229
  • Nov 21, 2012 10:48am Nov 21, 2012 10:48am
markets are way too thin today to bother trading. today is going to close flat. monday will be the day to return
Any prices quoted are futures
  • #61,230
  • Nov 21, 2012 10:53am Nov 21, 2012 10:53am
Quoting redteamgo
markets are way too thin today to bother trading. today is going to close flat. monday will be the day to return
Red, pay attention to EUR/JPY - spot.
  • #61,231
  • Nov 21, 2012 10:56am Nov 21, 2012 10:56am
Quoting EuroTraderJD
rekon67

Here is a clip of my New Position module.

It calculates my next position at 12,133 units.
How do you measure the units? Need to clear my idea about that.

Quoting EuroTraderJD
BUT my SHORT entry cannot be less than 1.2796 to stay within price plop range. This is of couse if all jives with mkt bias, indo confirmation.
Absolutely correct.

Quoting EuroTraderJD
Also I can review my trading plan by looking at the thumbnails on the software vs real time charts. just click to change the chart to match realtime. when done it gives you a trade determination.
Are you using only microsoft excel and VBA for this? Or you designed it using VB.NET Office Addins?
  • #61,232
  • Nov 21, 2012 10:57am Nov 21, 2012 10:57am
Quoting redteamgo
markets are way too thin today to bother trading. today is going to close flat. monday will be the day to return
AMEN.
Trade smaller than rational because the market is irrational...
  • #61,233
  • Nov 21, 2012 11:00am Nov 21, 2012 11:00am
Quoting redteamgo
markets are way too thin today to bother trading. today is going to close flat. monday will be the day to return
Very true, this week is fugin choppy.
  • #61,234
  • Nov 21, 2012 11:02am Nov 21, 2012 11:02am
Quoting catwoman
hello long time no shoot. maybe today
i'm in

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  • #61,235
  • Nov 21, 2012 11:03am Nov 21, 2012 11:03am
Quoting rekon67
How do you measure the units? Need to clear my idea about that.




Absolutely correct.

Cool

Are you using only microsoft excel and VBA for this? Or you designed it using VB.NET Office Addins?
How do you measure the units?

Units are derived from my OANDA order entry screen. I set it to 1 unit so you can gain some reference. The software calcs how many for this E price, account size, closest position.

Are you using only microsoft excel and VBA for this?

Excel VBA currently for the Beta version you see. In the process of going DOTNet.
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Trade smaller than rational because the market is irrational...
  • #61,236
  • Nov 21, 2012 11:04am Nov 21, 2012 11:04am
Quoting catwoman
i'm in

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  • #61,237
  • Nov 21, 2012 11:07am Nov 21, 2012 11:07am
Quoting rekon67
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  • #61,238
  • Nov 21, 2012 11:08am Nov 21, 2012 11:08am
Quoting EuroTraderJD
How do you measure the units?

Units are derived from my OANDA order entry screen. I set it to 1 unit so you can gain some reference. The software calcs how many for this E price, account size, closest position.

Are you using only microsoft excel and VBA for this?

Excel VBA currently for the Beta version you see. In the process of going DOTNet.
Very out of the box program and theory!
  • #61,239
  • Nov 21, 2012 11:14am Nov 21, 2012 11:14am
Quoting rekon67
Very out of the box program and theory!
Thank you.

Necessity is the Mother of Invention...
Trade smaller than rational because the market is irrational...
  • #61,240
  • Nov 21, 2012 11:16am Nov 21, 2012 11:16am
Quoting EuroTraderJD
Thank you.

Necessity is the Mother of Invention...
Indeed, Sir
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