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The Really Useless Thread

  • #125,401
  • Nov 30, 2012 6:33am Nov 30, 2012 6:33am
Quoting Mr Hatch
How many pairs can you - the dustbinners/binneresses - monitor simultaneously?
One pair is enough
" Never let the past hold the future to ransom "
  • #125,402
  • Nov 30, 2012 6:34am Nov 30, 2012 6:34am
Quoting Mr Hatch
That alone doesn't help... what, if this is the last trade, before you naturally reverse for the pullback-dustbin, which I do quite a lot?
I have to think about it, but I fear, I won't be able to do it with more than 2 pairs, because I basically trade the dustbins on H1/H4/D1 as well, so there are a huge load of charts on my screens. I am male, and can only do so many things at the same time.
I have had as many as 40 stocks trading at the same time.... sometimes with more than a trade per second.

If you want to see something live.. we can do something so you can log in and see it.

The rules I gave are an example. There is no limit to the complexity or simplicity.
  • #125,403
  • Nov 30, 2012 6:36am Nov 30, 2012 6:36am
Quoting chazzle
67
need sunblock
  • #125,404
  • Nov 30, 2012 6:41am Nov 30, 2012 6:41am
Quoting Big1red9
I have had as many as 40 stocks trading at the same time.... sometimes with more than a trade per second.

If you want to see something live.. we can do something so you can log in and see it.

The rules I gave are an example. There is no limit to the complexity or simplicity.
Is it possible to keep this 'login' for a while, for I doubt, I immediately understand what's going on.
  • #125,405
  • Nov 30, 2012 6:41am Nov 30, 2012 6:41am
Quoting Big1red9
Seems like the perfect item way to trade with semi auto trading. Set the values and let it handle it. More pairs this way.
You cannot automate the price patterns that form around the dustbin level, trading PA around these levels (successfully) will make or break
the strategy.

Otherwise it is just gridtrading with a few bells and whistles.

There are recurring patterns for sure but how to "flag-and-point" them via software???

For this type of trading , there is no substitute better than using indicators.

Left eye plus right eye

and the mouse
" Never let the past hold the future to ransom "
  • #125,406
  • Nov 30, 2012 6:44am Nov 30, 2012 6:44am
Quoting Mr Hatch
Is it possible to keep this 'login' for a while, for I doubt, I immediately understand what's going on.
Let me see what I can come up with....software wise and the dedication off a computer... early next week

I will set it up and let you know. I will run it on either a 1 pip or 1 tick chart will there will be many trades going off.
  • #125,407
  • Nov 30, 2012 6:48am Nov 30, 2012 6:48am
Quoting Big1red9
Let me see what I can come up with....software wise and the dedication off a computer... early next week

I will set it up and let you know. I will run it on either a 1 pip or 1 tick chart will there will be many trades going off.
Ok, looking forward to it. I usually just trade between 3 to 8 times per day, depending on - well - just anything (mood, greed, wife etc.) The MGW-factor.
  • #125,408
  • Nov 30, 2012 6:48am Nov 30, 2012 6:48am
Quoting Gleneagles
You cannot automate the price patterns that form around the dustbin level, trading PA around these levels (successfully) will make or break
the strategy.

Otherwise it is just gridtrading with a few bells and whistles.

There are recurring patterns for sure but how to "flag-and-point" them via software???

For this type of trading , there is no substitute better than using indicators.

Left eye plus right eye

and the mouse
I think you would be surprised. Basically, if you can instruct someone as to what to look for, the computer can be told the same thing. But... I am considering this anyway, because of anyone I have met here, your able to start, stop and have a life. My current auto models are not designed around a quality of life.
  • #125,409
  • Nov 30, 2012 6:49am Nov 30, 2012 6:49am
Quoting Mr Hatch
I don't know yet, how to 'feed' the patterns to any automation. I don't trade via MT4 - ever - except to keep some demo-accounts up and running.
I don't think you can with dustbins. The juice is not on the dustbin levels but like in any other fast intraday system on the skills to pull the trigger, exit and manually "bypass" some trades based on experience/subjective reasons. IMHO, algorithmic trading for automation is far far away from any of the trading plans around in FF. A different beast that requires a different set of skills (strong maths, statistics and coding) and whole different logistics (not MT4 or whatever with a retail broker with a pre made indies, etc)...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #125,410
  • Nov 30, 2012 6:49am Nov 30, 2012 6:49am
Quoting Mr Hatch
Ok, looking forward to it. I usually just trade between 3 to 8 times per day, depending on - well - just anything (mood, greed, wife etc.) The MGW-factor.
Trying to get to a balanced place myself
  • #125,411
  • Nov 30, 2012 6:50am Nov 30, 2012 6:50am
Quoting Gleneagles
You cannot automate the price patterns that form around the dustbin level, trading PA around these levels (successfully) will make or break
the strategy.

Otherwise it is just gridtrading with a few bells and whistles.

There are recurring patterns for sure but how to "flag-and-point" them via software???

For this type of trading , there is no substitute better than using indicators.

Left eye plus right eye

and the mouse
The only solution, I could come up with, consists of a lot of condition-checks that narrow the result to pin-point to a pattern. That definitely is a lot of effort, and you are right, nothing betrays the eyes.
  • #125,412
  • Nov 30, 2012 6:51am Nov 30, 2012 6:51am
Quoting sisse
I don't think you can with dustbins. The juice is not on the dustbin levels but like in any other fast intraday system on the skills to pull the trigger, exit and manually "bypass" some trades based on experience/subjective reasons. IMHO, algorithmic trading for automation is far far away from any of the trading plans around in FF. A different beast that requires a different set of skills (strong maths, statistics and coding) and whole different logistics (not MT4 or whatever with a retail broker with a pre made indies, etc)...

sisse
  • #125,413
  • Nov 30, 2012 6:53am Nov 30, 2012 6:53am
Quoting Gleneagles
One pair is enough

u need 2 one on the right and one on the lift and they are 2 humps each
  • #125,414
  • Nov 30, 2012 6:54am Nov 30, 2012 6:54am
Quoting sisse
I don't think you can with dustbins. The juice is not on the dustbin levels but like in any other fast intraday system on the skills to pull the trigger, exit and manually "bypass" some trades based on experience/subjective reasons. IMHO, algorithmic trading for automation is far far away from any of the trading plans around in FF. A different beast that requires a different set of skills (strong maths, statistics and coding) and whole different logistics (not MT4 or whatever with a retail broker with a pre made indies, etc)...

sisse

one more thing u need a good dog to run between the lines
  • #125,415
  • Nov 30, 2012 6:58am Nov 30, 2012 6:58am
Quoting Big1red9
I think you would be surprised. Basically, if you can instruct someone as to what to look for, the computer can be told the same thing. But... I am considering this anyway, because of anyone I have met here, your able to start, stop and have a life. My current auto models are not designed around a quality of life.
I have a very simple and basic philosophy about trading.


1) I am a simple man and look for the simple solutions first


The average trader view forex trading as a hugely complex and challenging task and look for a complex and challenging
solution to solve this problem.

In the process often the obvious and simple solution is overlooked because it just appears to be " too damn easy"

In addition , a solution is discarded as soon as it hits a speed bump in the road.

The time spend to find the HG could have been spend reinvesting/compounding profits from the "average" profitable strategy.

I call them " System Nomads"

I want to be consistently average ....not occasionally brilliant, it is all I need to be in charge of the remote control

Disclaimer: The statement above is a generalization
" Never let the past hold the future to ransom "
  • #125,416
  • Nov 30, 2012 6:58am Nov 30, 2012 6:58am
Quoting kill56
u need 2 one on the right and one on the lift and they are 2 humps each
it is friday and i am slow
" Never let the past hold the future to ransom "
  • #125,417
  • Nov 30, 2012 7:01am Nov 30, 2012 7:01am
Quoting Big1red9
I am putting up a sample pic ... I am going to pull it down in about 15 mins. I don;t care to have it remain out there.

1 min chart covering about 45 mins.
Looks like the Smurfs attacking the chart
  • #125,418
  • Nov 30, 2012 7:01am Nov 30, 2012 7:01am
Quoting Gleneagles
I have a very simple and basic philosophy about trading.


1) I am a simple man and look for the simple solutions first


The average trader view forex trading as a hugely complex and challenging task and look for a complex and challenging
solution to solve this problem.

In the process often the obvious and simple solution is overlooked because it just appears to be " too damn easy"

In addition , a solution is discarded as soon as it hits a speed bump in the road.

The time spend to find the HG could have been spend reinvesting/compounding...
Sometimes simple is priceless
  • #125,419
  • Nov 30, 2012 7:02am Nov 30, 2012 7:02am
Quoting Mr Hatch
Looks like the Smurfs attacking the chart
lol.. sounds good to me. each blue is a buy and the exit is the white. I group my exits if necessary.
  • #125,420
  • Nov 30, 2012 7:04am Nov 30, 2012 7:04am
Quoting kill56
one more thing u need a good dog to run between the lines
....

Well in my books "finally" monthly high settle in this H4. I think that was it for the month in the euro and only a "miracle"/news on the fiscal cliff side today will make a break of highs.

1.291x wide open for NY. Tracking 1.296x for the monthly roll. Above with news just with the swing trade...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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