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Cable Update (GBPUSD)

  • #359,041
  • Jan 17, 2014 4:37am Jan 17, 2014 4:37am
TauTrader - are you using the same TMA system (template and indi's) that you posted way back in time or is it updated now. I guess it is TMA Centered and not the so called TMA true which is just a 56 LWMA with bands around it.
  • #359,042
  • Jan 17, 2014 4:46am Jan 17, 2014 4:46am
Would GU react around 1.6441, that trendline on the 4H time frame may pose as a barrier.
Attached Image (click to enlarge)
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To become a better trader, think discipline.
  • #359,043
  • Jan 17, 2014 4:54am Jan 17, 2014 4:54am
Quoting GlobalMacro
Still bullish....just a spike down. Looking to buy: BUY LIMIT : 1.6349 S / L : 1.6287 T / P : OPEN
This has been a long journey and

there has been a lot of naysayers along the way , mostly polite and honest, except for one twisted whacko who was eager to point out my 39 pips s/l....wonder why he didn't post my trade this time around.......

but I digress.....in the end WE PREVAIL; The Trend Traders.


And remember this:

I don't want just a mere cake, I want the whole F$g bakery.



Now onto the open position parameters....


Raising S/L up to 1.6340 and letting the long position run its course:


LONG @ 1.6349

S / L : 1.6340

T / P : OPEN

Cable now 1.6449 Today's High: 1.6459

P&L : + 100 pips






GBP / USD - H8
Attached Image
Hear the music before the song is over ...
  • #359,044
  • Jan 17, 2014 4:56am Jan 17, 2014 4:56am
Quoting fxpipsgainer
Very high impact. This is enough to cause high volatility. I was not expecting this figure to be as high as this. {image}
You say in the picture that "This has never been this high", but it was higher on the June 19, 2008, when it reached 3.5%. Anyway, it's true that the datum has been much higher than anyone could seem to expect.
  • #359,045
  • Jan 17, 2014 4:56am Jan 17, 2014 4:56am
sell 15lot 6437 sl 6475 tp?
With a good book and quality paper you can fine wipe your ass.
  • #359,046
  • Jan 17, 2014 5:00am Jan 17, 2014 5:00am
Quoting Kajos2250
{quote} Mr T! The indicator in separate window is some kind of multiple linear regression? And did you try create an expert advisor from it? And is it secret? Or could you share it with me? Does it have source code?
Sir,

No. It actually calls 5 different indis - the basis of these are digital filters over different time frames. In there is also the TMA ( which could probably qualify as some form of regression..) Some indis are fixed, some repaint - but they seem to work well together over timeframes and fixed / non fixed indication. More so on the short side.

I do not believe this is EA material. Too Subjective.

I do not want to share too much at this point. Hope you understand..

Regards
  • #359,047
  • Jan 17, 2014 5:03am Jan 17, 2014 5:03am
Quoting petetong
bulls are strong now no ? 4hr pic: Daily R3 pivot at the present high also. {image}

I also have the same trendline down as the one you have posted. I hope it is not broken
  • #359,048
  • Jan 17, 2014 5:03am Jan 17, 2014 5:03am
Quoting GlobalMacro
{quote} This has been a long journey and there has been a lot of naysayers along the way , mostly polite and honest, except for one twisted whacko who was eager to point out my 39 pips s/l....wonder why he didn't post my trade this time around....... but I digress.....in the end WE PREVAIL; The Trend Traders. And remember this: I don't want just a mere cake, I want the whole F$g bakery. Now onto the open position parameters.... Raising S/L up to 1.6340 and letting the long position run its course: LONG @ 1.6349 S / L : 1.6340 T / P : OPEN Cable...
far from over infact just starting
JimmyC the third chart is for u (LHS formation is complete..)
Attached Image(s) (click to enlarge)
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  • #359,049
  • Jan 17, 2014 5:07am Jan 17, 2014 5:07am
Quoting handy148
TauTrader - are you using the same TMA system (template and indi's) that you posted way back in time or is it updated now. I guess it is TMA Centered and not the so called TMA true which is just a 56 LWMA with bands around it.
Sir,

You are quite correct.

The main screen does show both TMA centered as well as the TMA true. And yes - TMA true is not really what it is posted to be. Just another MA - but it does give me good areas to consider an entry under the indi conditions. I therefor use it.

The main screen indicators are just guides. The bottom indicator is where I believe the edge is. But also in there ( lower indi) is an off centered TMA. Using the differences between centered and off centered, coupled with some digital filters over various time frames - it comes together. Again, short side trades far better than longs.

But it seems to work well.

The 4hr may be the perfect balance to also give long entries - but i'm still testing that. Short trades - I'm hitting 90% plus.

Regards to you
  • #359,050
  • Jan 17, 2014 5:15am Jan 17, 2014 5:15am
TauTrader - thanks for the quick reply and clarification. I made up a template based on your previous posts but it looks nothing like the last chart you posted.

And how do you get the signal arrows?
  • #359,051
  • Jan 17, 2014 5:16am Jan 17, 2014 5:16am
Quoting TauTrader
{quote} Sir, No. It actually calls 5 different indis - the basis of these are digital filters over different time frames. In there is also the TMA ( which could probably qualify as some form of regression..) Some indis are fixed, some repaint - but they seem to work well together over timeframes and fixed / non fixed indication. More so on the short side. I do not believe this is EA material. Too Subjective. I do not want to share too much at this point. Hope you understand.. Regards
OK, i accept it, but dont understand!
I will have to make it by myself

Thak You very much!
Anything is math!
  • #359,052
  • Jan 17, 2014 5:18am Jan 17, 2014 5:18am
Quoting TauTrader
{quote} Sir, You are quite correct. The main screen does show both TMA centered as well as the TMA true. And yes - TMA true is not really what it is posted to be. Just another MA - but it does give me good areas to consider an entry under the indi conditions. I therefor use it. The main screen indicators are just guides. The bottom indicator is where I believe the edge is. But also in there ( lower indi) is an off centered TMA. Using the differences between centered and off centered, coupled with some digital filters over various time frames - it...
Here is a recent 1hr chart with the shorts marked - each one worked..

Regards
Attached Image (click to enlarge)
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  • #359,053
  • Jan 17, 2014 5:19am Jan 17, 2014 5:19am
closed out gone long its not ready, even for a small pull back yet.i dont think 23 %fib extention on the move 1.6491 which breaks my trend lines
  • #359,054
  • Jan 17, 2014 5:26am Jan 17, 2014 5:26am
Quoting handy148
TauTrader - thanks for the quick reply and clarification. I made up a template based on your previous posts but it looks nothing like the last chart you posted. And how do you get the signal arrows?
Sir,

If you observe - you will see signs of the TMA centered in the bottom indi. But also some others. The indi in the bottom actually calls 5 other indicators over various time frames to give input. You will not be able to put this together. Sorry.

The signal arrows are from the standard TMA centered created by Mladen. I actually do not even consider those.

I battle to run 2 charts on a 8gb RAM computer.

I guess my quest is about showing the traders brushing off indicators as useless - that one could actually trade them - with a positive result. And that, in some form - they may even be predictive.

Regards to you
  • #359,055
  • Jan 17, 2014 5:27am Jan 17, 2014 5:27am
Attached Image (click to enlarge)
Click to Enlarge Name: move.png Size: 63 KB

trying this move long which will break my tl sl just below the sl
  • #359,056
  • Jan 17, 2014 5:27am Jan 17, 2014 5:27am
Don't look like a short

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  • #359,057
  • Jan 17, 2014 5:27am Jan 17, 2014 5:27am
Quoting GlobalMacro
P&L : + 100 pips GBP / USD
nice one Global - admire your perseverance on this trade
  • #359,058
  • Jan 17, 2014 5:27am Jan 17, 2014 5:27am
From here - the higher we move - the better the short
  • #359,059
  • Jan 17, 2014 5:29am Jan 17, 2014 5:29am
The price has just stopped on the 50% Fib, which coincides with a downtrend line that works for the moment.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 80 KB
  • #359,060
  • Jan 17, 2014 5:30am Jan 17, 2014 5:30am
Quoting TauTrader
{quote} Here is a recent 1hr chart with the shorts marked - each one worked.. Regards {image}
Sir

what's your tp now?
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