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A delicate secret

  • #661
  • Jul 16, 2014 4:07am Jul 16, 2014 4:07am
Hi,

I`m a lurker to eurusdd threads and ideas for long time. And also from things happened out of this.....

now for me it`s very funny that someone seems to have some similiar ideas or thoughts like have

Here my Chart....

Attached Image (click to enlarge)
Click to Enlarge Name: USD neu.jpg Size: 130 KB
  • #662
  • Jul 16, 2014 7:55am Jul 16, 2014 7:55am
Quoting Madmoney
{quote} I'm not a greedy trader, I know what this thing can do but from now on I'm just gonna scalp it, but with HEAVY LOTS. MM
Hallo Madmoney,

Could you please tell me your money management ? And your Stop Loss pips if any ?

Thanks
Good friends are more valuable than gold ...
  • #663
  • Jul 16, 2014 9:51am Jul 16, 2014 9:51am
Quoting Madmoney
{quote} Please, don't let me put you off Eurusdd's trail. I've just used his concept of "attraction". Someone here may eventually reverse engineer Eurusdd's concept 100%, I've just gone a different route. "There are many ways to skin a cat!" MM
This is a proof that Eurusdd's system is great .... and yours too ....

Quoting hannele
{quote} as you noted ' the truth will set us free ' so I think I'll be following your footsteps since I don't seem to find my way by watching Eurusdd trail. You are it now cheers hannele
Agree ... hope Madmoney will keep post here ....
  • #664
  • Jul 16, 2014 11:05am Jul 16, 2014 11:05am
Quoting mattkirby
Hi, I`m a lurker to eurusdd threads and ideas for long time. And also from things happened out of this..... now for me it`s very funny that someone seems to have some similiar ideas or thoughts like have Here my Chart.... {image}
Not bad chart mattkirby.

But I don't know how your zones work (how they are produced), my GBPUSD chart looks a bit different though.

MM
  • #665
  • Jul 16, 2014 11:13am Jul 16, 2014 11:13am
Quoting pedma
{quote} Hallo Madmoney, Could you please tell me your money management ? And your Stop Loss pips if any ? Thanks
I'm wondering how that will help.

But I'm a scalper at heart so it could be anywhere between 5-15 pips, but sometimes news causes me to make 40-100 pips. I trade a lot of pairs, so I try to adopt an institutional traders ethos of always being in a trade and build up portfolio.

I don't use SL, as I know that zone will have to be taken out imminently.

MM
  • #666
  • Jul 16, 2014 11:17am Jul 16, 2014 11:17am
Here is my closed trade from earlier.

Just closed out at 20 pips (that's all I need)
Attached Image (click to enlarge)
Click to Enlarge Name: UC1.PNG Size: 36 KB
  • #667
  • Jul 16, 2014 6:52pm Jul 16, 2014 6:52pm
Quoting Madmoney
{quote} I'm wondering how that will help. But I'm a scalper at heart so it could be anywhere between 5-15 pips, but sometimes news causes me to make 40-100 pips. I trade a lot of pairs, so I try to adopt an institutional traders ethos of always being in a trade and build up portfolio. I don't use SL, as I know that zone will have to be taken out imminently. MM
Thanks a lot Madmoney ...

Quoting Madmoney
Here is my closed trade from earlier. Just closed out at 20 pips (that's all I need) {image}
Good friends are more valuable than gold ...
  • #668
  • Jul 17, 2014 1:51am Jul 17, 2014 1:51am
Quoting Madmoney
{quote} Do I really want to do that??? Joke. I will try post them as regular as I can. Here is a current USDCAD chart, I don't really care if I can't get huge moves all the time (even though it happens frequently), I just want to know market direction. USDCAD is heading for a strong bearish move soon...... {image} {image}
Hi Madmoney how have ya been? I am just trying to decipher your charts and my take is that the bearish zones you've marked out in blue areas are the starting points of big bull moves?
Of course you don't have to answer. Just blink once for yes, twice for no
  • #669
  • Jul 17, 2014 2:32am Jul 17, 2014 2:32am
Quoting shiva
{quote} Hi Madmoney how have ya been? I am just trying to decipher your charts and my take is that the bearish zones you've marked out in blue areas are the starting points of big bull moves? Of course you don't have to answer. Just blink once for yes, twice for no
It's not that simple, the code picks up bar behaviour, bread crumbs the market leaves behind, btw bullish and bearish zones are marked blue, I haven't got round to changing the colours.

MM
  • #670
  • Jul 17, 2014 3:13am Jul 17, 2014 3:13am
Is this based on eurusdd's previous threads on similarity/dissimilarty? Scratching my head for weeks over this but still clueless
  • #671
  • Jul 17, 2014 4:02am Jul 17, 2014 4:02am
Quoting hughmac
Is this based on eurusdd's previous threads on similarity/dissimilarty? Scratching my head for weeks over this but still clueless
Which or whose method are you refering to?

If Eurusdd's, I haven't clue
  • #672
  • Jul 17, 2014 4:39am Jul 17, 2014 4:39am
Quoting Madmoney
Here is my closed trade from earlier. Just closed out at 20 pips (that's all I need) {image}
Nice work Madmoney! I am assuming from your chart that you are only looking for the nearest level to complete once you have a signal from the two indicators? Eurusdd seemed to be saying all his levels would complete but having the nearest one complete is plenty good enough for me .

I'm pretty sure I have understood your zones and your bottom indicator but am still scratching my head for the numbered one - it'll make a good pastime for the weekend.

Many thanks for sharing.
  • #673
  • Jul 17, 2014 4:51pm Jul 17, 2014 4:51pm
Quoting Madmoney
Here is my closed trade from earlier. Just closed out at 20 pips (that's all I need) {image}
Have you run a solid backtest on your system? I (I guess like many) can pick a few good trades but cannot make the system last a full tick backtest from 2009 to present day. I'd be interested to see a full backtest...
  • #674
  • Jul 17, 2014 7:53pm Jul 17, 2014 7:53pm
Quoting beachloup
{quote} Have you run a solid backtest on your system? I (I guess like many) can pick a few good trades but cannot make the system last a full tick backtest from 2009 to present day. I'd be interested to see a full backtest...
Hey beachloup,

I have tested it to a certain limit, but now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals.

So I'm currently working on version 2, I have tested/testing this more vigorously and so far I cannot fault it.

MM
  • #675
  • Jul 17, 2014 9:59pm Jul 17, 2014 9:59pm
Quoting Madmoney
{quote} ... now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals. ....
can not wait to see the result and some clues ....
  • #676
  • Jul 18, 2014 3:25am Jul 18, 2014 3:25am
Quoting Madmoney
{quote} Hey beachloup, I have tested it to a certain limit, but now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals. So I'm currently working on version 2, I have tested/testing this more vigorously and so far I cannot fault it. MM
Hello Madmoney. Regarding your first approach , the "attraction", could you at least tell is all of the information for the signal obtained from the price/chart. Do we need something other than price as an information to come to the discovery. At least so we are not on a completely wrong track.
  • #677
  • Jul 18, 2014 8:10am Jul 18, 2014 8:10am
Quoting Madmoney
{quote} Hey beachloup, I have tested it to a certain limit, but now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals. So I'm currently working on version 2, I have tested/testing this more vigorously and so far I cannot fault it. MM
Hi Madmoney,
One thing i need to clarify that your method is different from EURUSDD's right?
And from your posts, I think I finally found out how your zones were made But that's just the beginning i guess. Sometimes price go far away and never come back. Or its just me missing something...
  • #678
  • Jul 18, 2014 8:20am Jul 18, 2014 8:20am
Hi MadMoney,

Your second level on USD/CAD has been reached about 1 hour ago ....
I assume, USD/CAD will go down again next week to reach your third level ....

Thanks for your post !!!
Similarity can change your life !
  • #679
  • Jul 18, 2014 9:31am Jul 18, 2014 9:31am
Quoting Madmoney
{quote} Hey beachloup, I have tested it to a certain limit, but now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals. So I'm currently working on version 2, I have tested/testing this more vigorously and so far I cannot fault it. MM
I'm curious what you use to keep you from trading bad levels like the one highlighted below? Do you care to share a screen shot of you levels from the same time period? The highlighted box shaded area has never been reached since the original level formed.
Attached Image (click to enlarge)
Click to Enlarge Name: BadLevel.png Size: 44 KB
  • #680
  • Jul 18, 2014 9:40am Jul 18, 2014 9:40am
Quoting Madmoney
{quote} Hey beachloup, I have tested it to a certain limit, but now I have discovered something else, which enables me to see strong trend changes, which also includes clear entry signals. So I'm currently working on version 2, I have tested/testing this more vigorously and so far I cannot fault it. MM
Madmoney,
I think I'm on to something too.
And, as you have said, there is some key information in the old Similarity thread.
I haven't quite found a solid entry yet, but I am going to have to find some time to code up an indicator.

And in actuality, the indicator i have posted here is a decent base to something far greater.

Hint: I actually allude to the key in a post I made in the old similarity thread, and didn't even know it!

Carl
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