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Eitan's Project

  • #5,841
  • Jul 25, 2014 1:56pm Jul 25, 2014 1:56pm
Quoting Davit
{quote} Hi Cariddi The cloud is using moving averages to project the future not algorithms. Calculation Four of the five plots within the Ichimoku Cloud are based on the average of the high and low over a given period of time. For example, the first plot is simply an average of the 9-day high and 9-day low. Before computers were widely available, it would have been easier to calculate this high-low average rather than a 9-day moving average (http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages)....
=======
sheeessszzz plenty bla bla2 , mebbe put Up a trade in ADVANCE [like me] so we can C how Good u R m8
  • #5,842
  • Jul 25, 2014 2:02pm Jul 25, 2014 2:02pm
Quoting pips777
{quote} ======= sheeessszzz plenty bla bla2 , mebbe put Up a trade in ADVANCE [like me] so we can C how Good u R m8
I post my trades in advance on my journal.Feel free to check. I have no control on human intelligence and comprehension as far as the content of my posts.
Some will find then bla bla some may find them brilliant,insightful,thought provoking.
In trading, you have to be defensive and aggressive at the same time
  • #5,843
  • Edited 2:35pm Jul 25, 2014 2:05pm | Edited 2:35pm
Quoting Davit
{quote} I post my trades in advance on my journal.Feel free to check. I have no control on human intelligence and comprehension as far as the content of my posts. Some will find then bla bla some may find them brilliant,insightful,thought provoking.
=======
where's ur journal ? ------- any1 knows$ where his journal IS
  • #5,844
  • Jul 25, 2014 2:38pm Jul 25, 2014 2:38pm
Quoting Vigovski
{quote} Hey, we have suprise for you please catch me on facebook tonight like 1.00 am.. Its not joke about 600pips
what is your facebook link great Vigo, i tried searching it with your name it failed me. i am interested in this please
  • #5,845
  • Jul 25, 2014 2:44pm Jul 25, 2014 2:44pm
Quoting pips777
{quote} ======= where's ur journal ?
Come on mate, Davit knows his matter. Don't with him
Remember that Eitan MD system prefers,making less pips, but in a robust statistically proved environment (backtesting of years).
Davit uses more technical analisys.

Sometimes trades catched by MTS, MS (or even MD), will find agreement from Davit analisys..and we will get blockbuster trades. Other times we get from a MS/MTS signal 30-35 pips and then the price reverse. This is normal, as, i repeat, Eitan prefer giving us simple mechanical systems, statistically tested, and that anyone with a bit of practice and common sense/experience, can manage easily and ...in a profitable way (if correct money managment also!!).
Tecnical analisys requires being more skilled (not saying Davit system is imcoprehensible of course!!).

And that's why i was suggesting a collaboration between these 2 masters (if they agree, of course). Just my half cent
  • #5,846
  • Jul 25, 2014 2:46pm Jul 25, 2014 2:46pm
Quoting pips777
{quote} ======= where's ur journal ? ------- any1 knows$ where his journal IS
Come on, bro don't be offensive...easy to find. Search "Davit's Confluence Trading" in the search tool
  • #5,847
  • Jul 25, 2014 2:47pm Jul 25, 2014 2:47pm
Quoting cariddi74
{quote} Yep. Agree absolutely, see my post about it, here: http://www.forexfactory.com/showthread.php?p=7631804#post7631804 And also there is the timing rule of no trade after candle of 12AM on friday, that i mathematically, forget..arghh!
CARIDDI could u please clear my doubt, i am not talking about time. about eurjpy hooking issue. i dont think there is no hooking created. it straightly from 85 level. and one more doubt. if stoc straight from 85 level , do we need to check trend indi? because if all coinside including first gmts tape first color changed. in this case we can took trade as earlier in mts method. am i just for my clarification. thanks in advance
  • #5,848
  • Jul 25, 2014 2:47pm Jul 25, 2014 2:47pm
Quoting pips777
{quote} ======= where's ur journal ? ------- any1 knows$ where his journal IS
Yes I know his thread, and I respect his RSI-BB approach. He is good at it and I inspired from him to work on reverse RSI.
  • #5,849
  • Jul 25, 2014 4:31pm Jul 25, 2014 4:31pm
Quoting Rockerzeus
{quote} Here you go. {image}
Thank you very much Rockerzeus, much appreciated
  • #5,850
  • Edited 5:34pm Jul 25, 2014 5:23pm | Edited 5:34pm
Quoting ambivijay
{quote} CARIDDI could u please clear my doubt, i am not talking about time. about eurjpy hooking issue. i dont think there is no hooking created. it straightly from 85 level. and one more doubt. if stoc straight from 85 level , do we need to check trend indi? because if all coinside including first gmts tape first color changed. in this case we can took trade as earlier in mts method. am i just for my clarification. thanks in advance
Hi, look at the image attached (purple circles)..at least at my broker (but i saw also the image of RockerZeus is the same),the SECOND purple circles is a typical example of hooking.
Hooking it means the fast stoch touchs or go a little (very little) under the 15 zone. It "hooks" the threshold zone and it's quite dangerous MTS situation (if TREND indi not over 0.4) cause it COULD be a sign of a failed tentative to make a breakout or a failed tentative to start a new testing of the previous low (like in our case).

At the next candle (3rd purple circle) such hook is "cleared" in this case..but we cannot take that signal (last candle of the week). If it was another day of the week, ok, the hook is cleared and the next candle is decent if not even,quite good signal.
Personally cause of hooking and Trend indi not confirming i would not take that 2nd purple circle trade. Maybe at the next candle (if it was possible) but for me,all smells as "not safe" in the candle of the 2nd purple circle.

The fact the stoch goes directly from 85 straightly to sell zone, has no much to do, with the concept of hooking... an hook can be generated in any case of stoch path.
I hope it's a bit clearer; i don't have much time now and i will try to explain as better as i can, in the weekend, with written MTS rules.

Last, the TREND indi question: actually in MTS we have two types of trades...one type does not involve in a mandatory way the TREND indi condition (this type is deeply under testing by member Josh11.. waiting impatiently his results!) , the other type is connected in a more heavy way on that indicator agreement. Will explain better in the MTS rule writing.
Attached Image (click to enlarge)
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  • #5,851
  • Jul 25, 2014 8:37pm Jul 25, 2014 8:37pm
Guys how many pips you made this week ;?
Neural Network Algorithm and Econophysics
  • #5,852
  • Jul 26, 2014 1:33am Jul 26, 2014 1:33am
Having brought this thread to this point, i recommend we begin individual backtesting and publish our results here. Vigo facebook link please
  • #5,853
  • Jul 26, 2014 2:22am Jul 26, 2014 2:22am
Quoting Vigovski
Guys how many pips you made this week ;?
less than 100 for sure because nzd news slippage kicked me in the balls

Bob
  • #5,854
  • Jul 26, 2014 6:24am Jul 26, 2014 6:24am
Quoting cariddi74
{quote} Hi, look at the image attached (purple circles)..at least at my broker (but i saw also the image of RockerZeus is the same),the SECOND purple circles is a typical example of hooking. Hooking it means the fast stoch touchs or go a little (very little) under the 15 zone. It "hooks" the threshold zone and it's quite dangerous MTS situation (if TREND indi not over 0.4) cause it COULD be a sign of a failed tentative to make a breakout or a failed tentative to start a new testing of the previous low (like in our case). At the next candle (3rd...
cariddi thanks for ur kind reply with ur busy time.
  • #5,855
  • Edited 10:10am Jul 26, 2014 9:22am | Edited 10:10am
Just heads up on News
July 30th loaded with very high impact news
ADP None-Farm employment change and GDP both extreme impact news
There is good chance advance GDP will be positive.
Best to stay clear of USD pairs until after the news.
Advantage of it you can find great opportunities without getting blown away by extreme spikes.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 2 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,856
  • Jul 26, 2014 11:03am Jul 26, 2014 11:03am
ok this is my visual about AN and NJ daily
AN
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 198 KB


NJ
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 200 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #5,857
  • Jul 26, 2014 11:29am Jul 26, 2014 11:29am
Quoting eitan1010
ok this is my visual about AN and NJ daily AN {image} NJ{image}
hi Prof Eitan.
(a) AN exited 85 line so shouldnt we wait for full cycle as indicated in MD rules by cariddi?
(b) NJ exited 15 line so shouldnt we wait for full cycle as indicated in MD rules by cariddi?

please correct me if i'm wrong.

good luck and safe pips.
  • #5,858
  • Edited 12:22pm Jul 26, 2014 12:04pm | Edited 12:22pm
In my broker (and maybe in Eitan one too..don't be fooled by the BOLD green line), AN is a perfect MD trade. Not passing the hot area (neither touching!) before retracment and jumping in the hot area.Also price not hooking threshold line in my chart but going enough deep into it (not so important hooking anyway in MD system). Maybe at Fxglobe just touching..mmmm...
Well, anyway, for me, valid.
For the other trade as per MD strictly,yes, not valid. Maybe the master has other good reasons to be in that. The word to him about NJ (if he wants)
  • #5,859
  • Jul 26, 2014 12:15pm Jul 26, 2014 12:15pm
Quoting Davit
Just heads up on News July 30th loaded with very high impact news ADP None-Farm employment change and GDP both extreme impact news There is good chance advance GDP will be positive. Best to stay clear of USD pairs until after the news. Advantage of it you can find great opportunities without getting blown away by extreme spikes. {image}
Thanks a lot! For who has open trades with high leverage ,remember also that in case of so big (and even multiple!) news,also the fuzzy spread fluctuation (with no real movement of the price) can kill you, EVEN IF you have a decent stop loss (no guarantees that,when this impulsive events comes,your stoploss will be hitted exactly as it is set up..you could end losing MUCH more).
So, the suggestion of Davit is even more important for who is used to high leveraging his/her positions.This,in case you wanna play decently safe, of course..in the contrary case...good gambling!
  • #5,860
  • Jul 26, 2014 12:32pm Jul 26, 2014 12:32pm
Quoting cariddi74
In my broker (and maybe in Eitan one too..don't be fooled by the BOLD green line), AN is a perfect MD trade. Not passing the hot area (neither touching!) before retracment and jumping in the hot area.Also price not hooking threshold line in my chart but going enough deep into it (not so important hooking anyway in MD system). Maybe at Fxglobe just touching..mmmm... Well, anyway, for me, valid. For the other trade as per MD strictly,yes, not valid. Maybe the master has other good reasons to be in that. The word to him about NJ (if he wants)...
thanks Sir for the information. i will change the thickness of the lines on my template
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