Trading as I know it... | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trade What You Know and Know What You Trade 4 replies

Know Yourself, Know Your Setup, by Boris Schlossberg 9 replies

When do you know you ready to go from demo to real trading? 61 replies

Everything You Wanted To Know About Electronic Trading, by Linda Bradford Raschke 0 replies

Attachments: Trading as I know it...
Exit Attachments

Trading as I know it...

  • #101
  • Sep 24, 2013 7:12am Sep 24, 2013 7:12am
Quoting CindyXXXX
{quote} Great... We're just getting started in here... CORRECTION: Middle graph above should say "up trend BROKEN here NOT: up trend "BROKER" here! what a tool, what a tool. Hope the "cows" are behaving themselves not as "horny" as the bulls chuckle chuckle ( I've been dying to say that since last week)
my see the event methods previously:
example:: jobs = growth + business survey.
Inflation = central bank + growth (CPI)...
Trading in the zone
  • #102
  • Sep 24, 2013 8:31am Sep 24, 2013 8:31am
Quoting CindyXXXX
{quote} Great... We're just getting started in here... CORRECTION: Middle graph above should say "up trend BROKEN here NOT: up trend "BROKER" here! what a tool, what a tool. Hope the "cows" are behaving themselves not as "horny" as the bulls chuckle chuckle ( I've been dying to say that since last week)
his methods may indicate long-term effects of news. thank you
Trading in the zone
  • #103
  • Sep 24, 2013 8:33pm Sep 24, 2013 8:33pm
Quoting LamerTrader
Cindy - This is GOLD! Pure OrderFlow! Do you know DarkStar by any chance? I will read your posts a few time just to get it 100%. Your efforts are appreciated Stephen
Hi Stephen

Its in the OF rhelm for sure,
Daemons way too cool for me sir,
but a lot of my trading is DS inspired.
Time hides Nothing
  • #104
  • Edited 10:03pm Sep 25, 2013 8:09pm | Edited 10:03pm
It's nice to see you doing good things here, Sim!
  • #105
  • Sep 26, 2013 8:06am Sep 26, 2013 8:06am
Quoting Pips_Cruiser
It's nice to see you doing good things here, Sim!
Completely missed this post somehow, thanks Ron.
Time hides Nothing
  • #106
  • Edited 9:26am Sep 26, 2013 8:20am | Edited 9:26am
Quoting CindyXXXX
Efficient Markets: The object of the market is to define the value of some thing by way of supply and demand... We attempt to arrive at an equilibrium price where buyers and sellers meet to say "hey, this is the value of this". Why does Christiano Rinaldo get paid 1 million dollars a game to kick a pig skin around a field, when Joe blow works 40 hours a weeks scrubbing toilets for less than .1% as much? Simply because someone is willing to pay the 1 million dollars for Christiano Ronaldo... The membership, and endorsements, and royalties and sponsorships...
No this just means Joe Blow needs to market his toilet-scrubbing talent better to make people believe that toilet-scrubbing is cool and his toilet-scrubbing ability is super cool. Everybody's got rare talent(s) in an awesome field but not everybody is able to market it(them) to give themselves consumer surplus, i.e. the extra profit, $1 million+ profit in Ronaldo's case. Without consumer surplus, everybody's operating perfectly competitively, i.e. getting paid at the wage where demand= supply, i.e. no extra profit no edge. What gives Christiano Ronaldo the extra $1million+ consumer surplus is his marketing making people believe that first of all kicking pig skin around a huge manicured lawn to get the skin into a net is cool and he can kick it the best otherwise if nobody cares about the pig skin kicking and/or nobody gives a crap about what he can do, he will also be paid at a perfectly competitive price where demand=supply just like Joe Blow before he got himself super marketing.

Somehow we just need to market that our order is better than the rest of them like it gives ppl special power if they execute our order...

Sorry for the interruption. Had to get that off my chest. Continue with your lesson, Cindy.
Make your losses in demo. Earn your profits live.
  • #107
  • Sep 26, 2013 9:04am Sep 26, 2013 9:04am
learn from people
Trading in the zone
  • #108
  • Edited 9:55am Sep 26, 2013 9:41am | Edited 9:55am
Quoting Forexia
{quote}ppl special power if they execute our order... Sorry for the interruption. Had to get that off my chest. Continue with your lesson, Cindy.
Interesting, thanks for your thoughts, I was super drunk through the first couple of pages of the thread, I am too scared to go back and read it actually.. sounds like I rushed through that one...

Anyone feel free to challenge anything I say in here.. this is just my personal perspective of trading, the markets and whatever else, if it gives you ideas that's great, I think everything I say is pretty easy to test... This isn't so much lessons on how to do something it's just "trading as I know it".

What else can I write?
I don't have the right
What else can I be?
All Apologies.

I think next I'd like to write some things on correlations.
Time hides Nothing
  • #109
  • Sep 26, 2013 12:43pm Sep 26, 2013 12:43pm
Quoting CindyXXXX
{quote} Interesting, thanks for your thoughts, I was super drunk through the first couple of pages of the thread, I am too scared to go back and read it actually.. sounds like I rushed through that one... Anyone feel free to challenge anything I say in here.. this is just my personal perspective of trading, the markets and whatever else, if it gives you ideas that's great, I think everything I say is pretty easy to test... This isn't so much lessons on how to do something it's just "trading as I know it". What else can I write? I don't have the...
You are correct about the efficient market theory. I guess I was just pointing out that how well we created those supply and demand for certain things and then we throw them into the efficient market to let them play out.

You are one scary trader. What you wrote in the first couple of pages in the thread is good stuff. And I can't believe you wrote them super drunk LOL. If you can write those super drunk, scary to imagine what you can do when you are not.

Correlation is really useful in trading especially in forex trading. I will be looking forward to reading that.

Btw, have you considered moving to Singapore to trade? :-)
Make your losses in demo. Earn your profits live.
  • #110
  • Sep 26, 2013 9:50pm Sep 26, 2013 9:50pm
Quoting Forexia
Btw, have you considered moving to Singapore to trade? :-)
Thanks Forexia. lol that would be some dedication, I would if I could.
Time hides Nothing
  • #111
  • Sep 27, 2013 6:37am Sep 27, 2013 6:37am
Quoting CindyXXXX
{quote} Thanks Forexia. lol that would be some dedication, I would if I could.
True Singapore's cost of living especially the housing cost is really prohibiting. It was exactly that that put a damper on my relocation plan otherwise I would be hailing from Singapore right now.

Still waiting for your correlation analysis
Make your losses in demo. Earn your profits live.
  • #112
  • Sep 27, 2013 6:46am Sep 27, 2013 6:46am
Quoting Forexia
{quote} True Singapore's cost of living especially the housing cost is really prohibiting. It was exactly that that put a damper on my relocation plan otherwise I would be hailing from Singapore right now. Still waiting for your correlation analysis
I remember you talking about that on another thread. I was talking to another lady recently whose dream it was to follow the sunny seasons around the world whilst trading sounds nice doesn't it. One day Forexia, one day!

I will get into the correlation stuff when the time is right.. Probably Sunday. Will need a bit of free time.

tks for your support.
Time hides Nothing
  • #113
  • Sep 27, 2013 7:21am Sep 27, 2013 7:21am
Quoting CindyXXXX
{quote} I remember you talking about that on another thread. I was talking to another lady recently whose dream it was to follow the sunny seasons around the world whilst trading sounds nice doesn't it. One day Forexia, one day! I will get into the correlation stuff when the time is right.. Probably Sunday. Will need a bit of free time. tks for your support.
Wow nice!! 365 days of sun!! Yes that would be any trader's dream. Sitting on the beach, under an umbrella, sipping on Pina colada or Singapore Sling (did you know that drink really originated from Singapore and you can taste the real original one in Singapore?) in my case and trading on my laptop. Oh my gosh, I think I am floating out of my body...

You take your time and have a good one!
Make your losses in demo. Earn your profits live.
  • #114
  • Edited 8:55pm Sep 28, 2013 8:32pm | Edited 8:55pm
Correlations



So everyone hopefully knows the formula… Johnny is taller than Billy who is taller than Chris..

Johnny = 3
Billy = 2
Chris = 1

JHY/BLY = 3/2 = 1.5
JHY/ CHS = 3/1 = 3
BLY/CHS = 2/1 = 2

Also note that (JHY/CHS)/(BLY/CHS) = JHY/BLY
or... 3/2 =1.5

If Chris grew a little bit....

Johnny = 3
Billy =2
Chris =2.5

JHY/BLY = 3/2 = 1.5
JHY/CHS = 3/2.5 = 1.2
BLY/CHS = 2/2.5 =.8

Using the (JHY/CHS) / (BLY/CHS) combination we we can work out the JHY/BLY rate which = 1.5
or... 1.2/0.8= 1.5


Just as:
JHY/CHS = (JHY/BLY) X (BLY/CHS)
or... 1.5x.8 = 1.2

Just as:
BLY/CHS = (JHY/BLY) / (JHY/CHS)
or.... 1.5/1.2 = .8

So my only point of this post is to show you that when dealing with RATES (X vs. Y) in the Foreign Exchange Market... It is all relative
Time hides Nothing
  • #115
  • Edited 9:58pm Sep 28, 2013 8:35pm | Edited 9:58pm
Testing the Market

Using the USD band..

In the chart below the USD weakened whihc cause it to fall against most pairs. However as you can see, the AUD did not rise with the GBP and EUR. This must mean the AUD/USD was muted by AUD selling which absorbed the USD fall against it. Fair enough.

So the AUD has now shown it's hand as being the weakest out of GBP and EUR. By rights then, if that move reverses then the AUD/USD should fall harder than the EUR/USD and GBP/USD.. All things being equal..

The dotted line in the chart below shows what "should" have happened.. So why didn't it? Once again the AUD absorbs the move.

Seeing as the weakest did not fall. I would perceive this as USD bearishness... And start again!

Attached Image (click to enlarge)
Click to Enlarge Name: Correlations.GIF Size: 10 KB
Time hides Nothing
  • #116
  • Edited Sep 29, 2013 1:35am Sep 28, 2013 8:35pm | Edited Sep 29, 2013 1:35am
Reading the Market

You can also use correlations to see where the interest is in individual currencies.

Maybe something happens in the market and you have no idea whats going on.. You can start by looking at what pair is causing all the rukus

H4

Attached Image (click to enlarge)
Click to Enlarge Name: Reading the MArket.jpg Size: 518 KB
Time hides Nothing
  • #117
  • Sep 28, 2013 10:11pm Sep 28, 2013 10:11pm
Intraday

I wanted to upload the Profiles for download but I don't think I can do this.. Hopefully you get the idea

H1

Attached Image (click to enlarge)
Click to Enlarge Name: Reading the MArket H1.jpg Size: 517 KB
Time hides Nothing
  • #118
  • Edited 11:29pm Sep 28, 2013 10:19pm | Edited 11:29pm
The strategy I was working on earlier in excel was attempting to capture the structure of the chart below, because it can be difficult to spot just looking at charts... Excel was no easier mind you!

Basically.. the market would take turns becoming the "weakest" pair. In other words say for example the GBP/USD would break a low then hustle back p above, the the AUD/USD would break it's low and do the same thing.. Pull back up above.. Then maybe the GBP/USD again, then the EUR/USD..

What this is, is distribution of USD's.. Whilst giving the impression of selling if you catch my drift... "They" whoever "they" are... take turns throw money around between a few different individual currencies with the purpose of pushing the base currency (in this case the USD) into the liquidity below... Offloading the USD's before they are done and everything in unison rallies against it.

Correlations can be extremely confusing at times as they shift preferences and time frames, if you are using them as some kind of guide.

I'll try and do a chart to explain better...

Attached Image (click to enlarge)
Click to Enlarge Name: Distributing- Selling USD.GIF Size: 10 KB
Time hides Nothing
  • #119
  • Edited Sep 29, 2013 12:10am Sep 28, 2013 11:37pm | Edited Sep 29, 2013 12:10am
So that's about it for now, I've tried to be as straight up as I can but I understand that anyone following along has probably been bombarded with a lot of random things that were not expanded on... Sorry for that..

But if you want to know how I'm trading right now it is simply a combination of this post and this post.. Simple!
All the other things are sill there I just haven't managed to master them yet in a feasible way.

Everything I've posted here are my own theories developed over the past few years, most of the born from the ideas of others (how else would we learn?). I will post more as I think of them.

I will end this little exercise with something I thought of the other night:

If Currency were not paper but rather kindness, the world would finally be free

Trade safe.. Go hard!

Inserted Video
Time hides Nothing
  • #120
  • Sep 29, 2013 12:24am Sep 29, 2013 12:24am
Quoting CindyXXXX
So that's about it for now, I've tried to be as straight up as I can but I understand that anyone following along has probably been bombarded with a lot of random things that were not expanded on... Sorry for that.. But if you want to know how I'm trading right now it is simply a combination of this post and this post.. Simple! All the other things are sill there I just haven't managed to master...
Thanks your sharing, I have several methods of the same characteristics, but my method simpler.

my method: determine first leg AB, the AB leg, I see the adjustment level and structure of HH / HL / LH / LL. leg AB has many adjustable and HH / LL structure => weak trend. In contrast, AB pins adjusts weak or no => strong trend.
This method is used to do: the power of trends.
http://www.forexfactory.com/showthread.php?t=448892
Attached Image (click to enlarge)
Click to Enlarge Name: x2222.PNG Size: 61 KB
Trading in the zone
0 traders viewing now