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  • #10,181
  • Jul 14, 2014 5:38am Jul 14, 2014 5:38am
Quoting Carpathian
I am EJ LONG @138.300.
You shouldnt be. RmUp is RED.....Rule 11
  • #10,182
  • Jul 14, 2014 5:39am Jul 14, 2014 5:39am
Quoting Beachie41
{quote} Look for PsyLevels_Dashboard_v1 or ADR_ ATR_20_Pairs_v3_Sal.ex4 {file}{file} easier just to attach

Thanks for that. I wanted the ADR_ATR..... Must have missed it when I trawled through first time.
  • #10,183
  • Jul 14, 2014 5:52am Jul 14, 2014 5:52am
Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67.
Any comments?
  • #10,184
  • Jul 14, 2014 5:53am Jul 14, 2014 5:53am
Hello. I downloaded UdinesInstantBUYStopOrder and UdinesInstantSELLStopOrder without confirmation scripts (from MrTD). it works great thanks a lot.
my broker takes commission about 1 pip for every trade. so could anyone remake those scripts, from take profit 5 pips to 6 pips?
  • #10,185
  • Jul 14, 2014 5:55am Jul 14, 2014 5:55am
Quoting andys0506
Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67. Any comments?

was according to the rules, but you dont need to trade every hour...

Udine
Sleep less, live fast, as it aint gonna last
  • #10,186
  • Jul 14, 2014 5:56am Jul 14, 2014 5:56am
Quoting sj9bp20
{quote} You shouldnt be. RmUp is RED.....Rule 11
And right you are..
(Though I am looking at ATR ie. Rm Up-Dn in a bit different way: depending on the color of the daily candle I add or substract ADR from the low or high of the day. Which method may not yield me better results...)
At the moment it's looking bad.
  • #10,187
  • Jul 14, 2014 5:58am Jul 14, 2014 5:58am
Quoting Carpathian
{quote} And right you are.. (Though I am looking at ATR ie. Rm Up-Dn in a bit different way: depending on the color of the daily candle I add or substract ADR from the low or high of the day. Which method may not yield me better results...) At the moment it's looking bad.

your complicating things..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,188
  • Jul 14, 2014 6:02am Jul 14, 2014 6:02am
Quoting Udine
{quote} was according to the rules, but you dont need to trade every hour... Udine
So can we put this down to one of those unlucky trades, or do we need to look a bit more at filtering the best times to trade?
Market opens are prime new money, should we look at entering ONLY at market open times. Are there certain times that you have found are slow, ie lunch hours etc?
  • #10,189
  • Jul 14, 2014 6:03am Jul 14, 2014 6:03am
Quoting andys0506
{quote} So can we put this down to one of those unlucky trades, or do we need to look a bit more at filtering the best times to trade? Market opens are prime new money, should we look at entering ONLY at market open times. Are there certain times that you have found are slow, ie lunch hours etc?

go back a couple of weeks and analyze the charts.. the answer is in the charts..

Udine
Sleep less, live fast, as it aint gonna last
  • #10,190
  • Jul 14, 2014 6:05am Jul 14, 2014 6:05am
Quoting andys0506
Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67. Any comments?
You mean long entry @173.70?
I'd add: after having fallen around 25 pips the GU component was below its DO in the same hour making it harder for GJ to perform well upward.
  • #10,191
  • Jul 14, 2014 6:07am Jul 14, 2014 6:07am
Quoting Udine
{quote} your complicating things.. Udine
You're right about that, but I am trying not to be, part of my learning!
  • #10,192
  • Jul 14, 2014 6:14am Jul 14, 2014 6:14am
Quoting Carpathian
{quote} You mean long entry @173.70? I'd add: after having fallen around 25 pips the GU component was below its DO in the same hour making it harder for GJ to perform well upward.
You're right I meant .70. Good information, that makes complete sense, thanks for the observation.
  • #10,193
  • Jul 14, 2014 6:15am Jul 14, 2014 6:15am
Quoting andys0506
Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67. Any comments?
Something is wrong here!?

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #10,194
  • Jul 14, 2014 6:25am Jul 14, 2014 6:25am
Quoting andys0506
Any reason why my G/J just failed; long entry at 173.30 at 11:10. We're up on the day and the hour opened at 173.67. Any comments?
As Udine said it's according to the rules, but I didn't take the trade because I didn't like what I saw. It's not part of the rules, but if you've got hourly candles like these, you seriously have to ask yourself if it's worth the risk or rather sit on your hands for an hour or so till NY opens:

Attached Image (click to enlarge)
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  • #10,195
  • Jul 14, 2014 6:32am Jul 14, 2014 6:32am
came back from eating out.

GJ SL -10.5pips

What an expensive dinner!

And now I think this entry lacked adequate analysis. No sync, 3rd hour, etc.

I'll do 10 burpees.
Attached Image (click to enlarge)
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My hope has been almost completely shattered, but not completely yet
  • #10,196
  • Jul 14, 2014 6:36am Jul 14, 2014 6:36am
Quoting flx69
{quote} What was the open of your last H1 candle ? Mine was 173.697, my pending should therefore have been 173.700. However, even though my broker permits a 0 pip distance from market price to pending, I didnīt manage to put in my pending @ 173.795 using the script (spread of .5 pips)...
My open was 173.695. I thought it was too close to 173.700 to judge there was a uptrend.

I thought there must be at least 1 pip to the will-be-entried 00 level.

But I'm not sure about this 1 pip rule.

From this mistake, I coined a new motto. It's TBS. Trend, Breakout, Sync.
My hope has been almost completely shattered, but not completely yet
  • #10,197
  • Jul 14, 2014 6:45am Jul 14, 2014 6:45am
Quoting easygoing
came back from eating out. GJ SL -10.5pips What an expensive dinner! And now I think this entry lacked adequate analysis. No sync, 3rd hour, etc. I'll do 10 burpees. {image}
In my rule book, i added one

- Close trade when left desktop

I have more than one time, leaving home then got a SL hit.
Outcome is not important at all, but correct technique is what only matters
  • #10,198
  • Jul 14, 2014 6:47am Jul 14, 2014 6:47am
Quoting szpowerx
{quote} In my rule book, i added one - Close trade when left desktop I have more than one time, leaving home then got a SL hit.
My rule is the opposite... Place orders, leave computer, come back in 50 mins to check and possibly place new orders... rinse repeat, let the trades roll, don't interfere...
  • #10,199
  • Jul 14, 2014 7:00am Jul 14, 2014 7:00am
Quoting sj9bp20
Quoting Carpathian
I am EJ LONG @138.300.

You shouldnt be. RmUp is RED.....Rule 11
Closed out at -5. It was wrong entry, and did not progress well and NY open was coming.
  • #10,200
  • Jul 14, 2014 7:05am Jul 14, 2014 7:05am
I think I'm done for the day now. EJ and EU both reached ADR limit.
GJ and GU on opposing sides of the daily open.
I will see what tomorrow brings.
Time for lunch and cut the grass......oh joy.
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