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  • #241
  • Feb 9, 2015 9:25pm Feb 9, 2015 9:25pm
Quoting Thalaton
There was particulary the eur/aud short from 23 rd november several of the positions were exited at about 500 pips minus.
//----

hey thalaton..... ok, now i see..... iresh had asked me about that very same thing..... see this post for explanation..... i was testing code.....

testing code that will be used with real money should be tested in a live account...... that can be expensive....

in the not to distant future this account will probably average in profit a day the entire november losses...........h
to trade and code, keep both simple... no call to impress....h
  • #242
  • Feb 10, 2015 9:23pm Feb 10, 2015 9:23pm
the yen did the opposite of my expectations...... it fell and i took the loss.....
//-----

greece is the word the bee gees once said..... and the world waits for it.....

if the word is good, looks like 450 pip bounce possible on the euraud, eurcad, and eurusd.... followed by 900 pip fall....

if the word is bad, looks like a 450 pip fall on each.....

hard to call..... sometimes best not to.....

usually after a big loss it's best for me to step outside a while..... priscilla had been saying she wanted the sawmill further from the house, so took the opportunity to move it.....

she didn't say how far......h
//-----
Attached Image(s) (click to enlarge)
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to trade and code, keep both simple... no call to impress....h
  • #243
  • Feb 11, 2015 3:30am Feb 11, 2015 3:30am
Hey hayseed, nice pictures u posted Whats the deal with the sawmill? Is it your hobby? As I understand u are retired.

Best regards

Thalaton
  • #244
  • Feb 13, 2015 7:32pm Feb 13, 2015 7:32pm
Quoting Thalaton
Hey hayseed, nice pictures u posted Whats the deal with the sawmill? Is it your hobby? As I understand u are retired. Best regards Thalaton
//-----

hey thalton....... no, my hobby is building small buildings such as the ones we might see here and there.... it might be a particular barn, house, shed, old timey hardware store, blacksmith shop similar.... we did a video on building the blacksmith shop just for fun..... it looks like a small town back there with a street between them..... pictures below are from the hardware store...... not a real store, just my personal version of one we've seen somewhere......

that takes a lot of lumber and i have an almost unlimited amount of trees.... so a sawmill just became a perfect part of hayseedville.....

we live in a very small very old farm house.... originally no closets and only 1 electrical outlet per room..... so those buildings serve a real purpose..... my office in my profile picture is one..... there is no way all my computers would fit in the house..... priscilla said they had to go......

we will build a log cabin like this during the summer.....

//-----

fixin to focus on the eurusd next week..... at least until the greece thing is behind us...... i'd be surprised if it does not work out, but not confident enough to put much money on it either way......h

//-----
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: IMG_4159 rs.jpg Size: 181 KB
to trade and code, keep both simple... no call to impress....h
  • #245
  • Feb 14, 2015 9:33am Feb 14, 2015 9:33am
Quoting Thalaton
SO why get now out? To avoid the variance of the retrace on the H4 or H1 hour?
//-----

hey thalaton..... my main trading computer shut down on me this week.... had to send it off for repairs..... bummer.....

while getting things set up on a backup i came across some indicators that keep track of the potential gains or losses for given timeframe retraces distances..... in other words, if your short 3.73 mini lots in the eurcad it will calculate how much profit will be erased based on the typical retrace..... or you can set a certain pip amount which might be all together different....

there are 4 sensitivity settings based on first zigzag value..... the idea is if the down move is extended well past the norm, it might be worthwhile to close out some or all the trades and reenter at better prices......

will post those later after i recode to match the current platforms mql..... they will not work properly if both long and short positions are open on the same pair, ie they adhere to nfa's no hedge rule......
//-----

looking at 15 year charts there is really nothing, other than central banks and china, keeping the eurusd above 0.80 , the eurjpy above 100.0, the eurgbp above 0.70, and the euraud or eurcad above parity.....

the speculators like us might be thinking in terms of daily and under timeframes but there a those who focus on years and decades..... if the numbers above ever come to be and hold for a month, we might have to switch horses......
//-----

the indicator below calculates the weight of a log, given the length and diameter..... and the weight of a board given the length, width and thickness..... bench pressing 220 pounds is one thing..... carrying a green 16 foot 6x6 is something else......h
//-----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd.png Size: 29 KB
Click to Enlarge Name: eurjpy.png Size: 14 KB
Click to Enlarge Name: eurgbp.png Size: 23 KB
Click to Enlarge Name: eurcad.png Size: 14 KB
Click to Enlarge Name: euraud.png Size: 14 KB
Attached File(s)
File Type: mq4 board foot calculator.mq4   3 KB | 412 downloads
File Type: ex4 board foot calculator.ex4   8 KB | 346 downloads
to trade and code, keep both simple... no call to impress....h
  • #246
  • Feb 14, 2015 10:41am Feb 14, 2015 10:41am
Quoting hayseed
{quote} bench pressing 220 pounds is one thing..... carrying a green 16 foot 6x6 is something else......h //----- {image} {image} {image} {image} {image} {file} {file}
Glad I'm not the only one who gets a bad back...did it recently lifting a sizable length of green Oak, I should have waited 5min when another body would have been around.. Nice to see a neat and tidy tool room h..you can always tell the quality of the end product by how neat the tool kit is. Come to think of it you can probably tell how much attention to detail goes into someones trading model too .. remember to keep those blades nice and sharp..its half the battle..
Memories caught in time but never forgotten
  • #247
  • Feb 16, 2015 11:49am Feb 16, 2015 11:49am
Quoting j4d
remember to keep those blades nice and sharp
//-----

hey j..... getting draghi to smile might be easier..... is he from transylvania or something.....

quick draw plus below...... should be easy to figure out, if not, video on how to here......h

//-----
Attached Image (click to enlarge)
Click to Enlarge Name: quick draw plus.png Size: 46 KB
Attached File(s)
File Type: mq4 quick draw plus.mq4   7 KB | 433 downloads
File Type: ex4 quick draw plus.ex4   11 KB | 530 downloads
to trade and code, keep both simple... no call to impress....h
  • #248
  • Feb 17, 2015 1:26pm Feb 17, 2015 1:26pm
Quoting hayseed
{quote} //----- hey j..... getting draghi to smile might be easier..... is he from transylvania or something..... quick draw plus below...... should be easy to figure out, if not, video on how to here......h //----- {image} {file} {file}
Over the years Ive always made a point of following how your trading is going.. its been interesting watching how your way of trading has been molded around your personality, your ethos to the markets etc... its very unique to you and of course that is exactly what trading is...an extension of our personalty...your returns are quite incredible especially as they have longevity.. there are plenty of people who can burn the fire bright for a short while but you do it over a real amount of time which in the world of retail or institutional is quite incredible..

So h... as I type this I'm slurping a glass of wine........... here's a cheers for your performance..



Inserted Video
Memories caught in time but never forgotten
  • #249
  • Feb 18, 2015 8:47am Feb 18, 2015 8:47am
gbpusd trades are just testing a new indicator.... not yet perfected .... idea is to within reason, buy limit the red/magenta bars and sell limit the blue/lime..... colors vary for visual reference..... a lime bar is just a blue bar with a little more kick.... magenta is same for red...

considerable number of signals on various pairs last night..... gbpusd chosen due to can't remember it being traded in this account..... so only this pair will be used in testing......

bottom line, my gbpusd trades should be thought of as wide open risk......h

//-------
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Click to Enlarge Name: euraud backtest.png Size: 55 KB
to trade and code, keep both simple... no call to impress....h
  • #250
  • Feb 19, 2015 7:59am Feb 19, 2015 7:59am
Quoting hayseed
gbpusd trades are just testing a new indicator.... not yet perfected ....
//----

opposing signal, which i miscalculated by a few pips, closed all fxcm gbpusd trades few pips early.... had 2 micro futures, m6b, they closed at 5402 and 5406.... slightly better.....

might expand to a couple more pairs that have companion mico futures available....h

//-----
Attached Image(s) (click to enlarge)
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to trade and code, keep both simple... no call to impress....h
  • #251
  • Feb 19, 2015 10:07am Feb 19, 2015 10:07am
Quoting hayseed
{quote} //----- hey thalton....... no, my hobby is building small buildings such as the ones we might see here and there.... it might be a particular barn, house, shed, old timey hardware store, blacksmith shop similar.... we did a video on building the blacksmith shop just for fun..... it looks like a small town back there with a street between them..... pictures below are from the hardware store...... not a real store, just my personal version of one we've seen somewhere...... that takes...

Hi Hayseed

Our paths haven't crossed but just stumbled across your thread and have to confess not here for the trading but to just say nice job on the Smithy Shop. Great Vids & Photo's Cheers Stu
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #252
  • Feb 23, 2015 9:07am Feb 23, 2015 9:07am
hey stu.... thanks.... blacksmith shop and sawmill are great diversions when the markets play too rough......

//-----

gbpusd broke the hourly downtrend line.... average 4hr zigzag length is 241, what a coincidence.... have been running way short of that '241' recently which is not surprising given todays greece and yellen potential.....

really need yellen to be vague..... even though that might send it up several hundred pips against me...... need to sell the pound futures, "m6b" .... the higher the better......

easy to see it at 1.56 ..... hard to see it at 1.6 ..... lookin for 'm6b' at 1.5 ...... fixin to let the eurgbp go.....h
//------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 60 KB
Click to Enlarge Name: head and shoulders lol.png Size: 60 KB
Click to Enlarge Name: m6b 2 23.png Size: 245 KB
to trade and code, keep both simple... no call to impress....h
  • #253
  • Feb 23, 2015 3:10pm Feb 23, 2015 3:10pm
Quoting hayseed
gbpusd broke the hourly downtrend line...
//-----

last weeks high seems a mite slippery.... or could just be resting up for tomorrow....
//-----

every so often someone brings up a thread from times and members long gone by..... cmoss brought up bagvino the other day.... remember him well....

other than the absurd, there has seldom been a system presented that i have not written ea's , indicators and dashboards for.... ok, , maybe even for the absurd..... i write'em, play with'em and then file'em away.....

below is an indicator and template that closely represents bagvino's first simple rules..... one chart show the indicator..... the other chart is the dashboard where the timeframes 15 minute thru week last 15 bars signals are historically recorded by dots...

you can see there have been buy signals on most of the past 15 bars on most timeframes on most gbp pairs.....

the dashboard itself is not included for wise reasons.... just trust me on that.....

might want to keep in mind, moving average systems work best when the price moves slow as molasses.... slowly up a hill and slowly down a valley..... with plenty of time to react, few get hurt....

they do not do well when the prices move like a ping pong ball at a 1st grade tournament....h
//-----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bag bars.png Size: 44 KB
Click to Enlarge Name: bagvino.png Size: 57 KB
Click to Enlarge Name: GBPUSDH1 feb 18.png Size: 58 KB
Attached File(s)
File Type: mq4 Bagvino Bars.mq4   4 KB | 465 downloads
File Type: ex4 Bagvino Bars.ex4   13 KB | 392 downloads
File Type: tpl bagvino bars.tpl   1 KB | 392 downloads
to trade and code, keep both simple... no call to impress....h
  • #254
  • Feb 23, 2015 7:01pm Feb 23, 2015 7:01pm
Quoting hayseed
{quote} //----- last weeks high seems a mite slippery.... or could just be resting up for tomorrow.... //----- every so often someone brings up a thread from times and members long gone by..... cmoss brought up bagvino the other day.... remember him well.... other than the absurd, there has seldom been a system presented that i have not written ea's , indicators and dashboards for.... ok, , maybe even for the absurd..... i write'em, play with'em and then file'em away..... below is an indicator and template that closely represents bagvino's...
Hi hayseed

I just can say you are a ‘indi Arsenal“,I find tons of cool indi here.

thx a lot.
  • #255
  • Feb 24, 2015 9:45am Feb 24, 2015 9:45am
divergences either work or they don't.... quite often the news will have the final say.... in the gbpusd's macd divergence,s case, the final say will be a woman's..... that figures....... yellen is on stage......

m6b has been between 0 and 200 most of the day so far.... odds are it will be +/- 400 by end of today.... and +/- 1000 by end of week....

e-micro futures are limited to only a hand full of pairs.... once i feel comfortable with them, will move up.....

for me, there is no doubt, futures will be my future.....h
//-----
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 224.png Size: 1.8 MB
to trade and code, keep both simple... no call to impress....h
  • #256
  • Feb 24, 2015 12:39pm Feb 24, 2015 12:39pm
Hey hayseed Could u pls explain why u see your future in futuretrading and not forex. Thought about it hard but cant find an answer

Thanks as always and best regards.
  • #257
  • Feb 24, 2015 1:35pm Feb 24, 2015 1:35pm
Quoting Thalaton
Hey hayseed Could u pls explain why u see your future in futuretrading and not forex. Thought about it hard but cant find an answer Thanks as always and best regards.
//------


hey ck..... yes looking for parity.... it is quite possible to see it this year..... a 1000 pip drop in a single month would not surprise me..... if the snb would ever stop supporting it, there is no tellin what might happen..... it;'s a scary thought......... and still expect usdjpy to see 148 again......
//-----

hey thalton.... 13 hours before the snb broke the peg i posted the above in this thread.....

in the states our 'spot forex' accounts are pooled together, so even though i did not trade the chf in any way, my accounts were at full risk due to someone else's losses also.... both my fxcm and eradefx accounts, etrade is white label fxcm, would have been wiped out thru no fault of mine had fxcm gone under.....

even though that loss, maybe 50k combined, would not have impacted me 'over all' still the thought of it made me uncomfortable for several weeks after..... still today i'm a tad uneasy..... last year when ibfx sold us off to fxcm, i reduced my forex money considerably ....... there was a time when my accounts were well over 100k combined.... they will be that again this year...... so my uneasy is growing.....
//------

trading futures is roughly similar to spot forex.... perhaps a little more uptown..... the platform is different and money required slightly more but otherwise it's just another way to accomplish the same thing..... i do not believe a futures account is SIPC insured but i can quickly sweep the futures account money into my brokerage which is SIPC insured if need be......

sweeping money out of my etradefx/fxcm account usually takes from a few minutes to perhaps an hour..... anyone making a fxcm withdrawal will appreciate that speed.... imagine having the money in your hand in 30 minutes..... note, etradefx advertises normally less than 2 hours......

i see futures as the next logical step for me..... but i will still maintain the fxcm and etradefx accounts also.....

i have a etrade futures account now and will be opening one at infinity futures next week.....h
to trade and code, keep both simple... no call to impress....h
  • #258
  • Feb 24, 2015 6:49pm Feb 24, 2015 6:49pm
Quoting blueface
Hi hayseed I just can say you are a indi Arsenal,I find tons of cool indi here
//-----

hey blue..... more coming..... below are a couple more.....h

//-----

hey alifari..... got your pm..... and that was a good question.....

i count every completed leg.... and yes, i believe your correct, averages tend to be more accurate as data sets increase in size.... the quick zigzag script below proves our point..... it also shows you my math...... place it on any pair and it will comment the average in the top right chart corner....

it's a script with 2 inputs.... the zigzag depth and whether or not to print the results..... if you print the results, in the experts ledger you'll see each zigzag point followed by the average up to that time..... the average is wild eyed at first but slowly settles down as more values come in.......

that function is what i use in creating the dashboards, 3 zigzag depths on every pair on every timeframe, 15 minute and up.... this gives me a starting point.... it's an average so my profit target might be more or less..... very flexible.....

you mentioned atr..... the other indicator with companion script graphs the atr for the common pairs..... you must have those pairs available or it will not work.....

the chart explains the indicator version , but i'd very highly suggest using the script....///// edit, decided not to post the indicator, it would cause problems....

have some more things you might be interested in.... will post them when possible.....h
//-----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: atr.png Size: 54 KB
Click to Enlarge Name: zigzag dashboard.png Size: 100 KB
Attached File(s)
File Type: mq4 quick zigzag script.mq4   2 KB | 412 downloads
File Type: ex4 quick zigzag script.ex4   5 KB | 371 downloads
File Type: mq4 625v atr graph script version.mq4   7 KB | 420 downloads
File Type: ex4 625v atr graph script version.ex4   17 KB | 362 downloads
to trade and code, keep both simple... no call to impress....h
  • #259
  • Feb 24, 2015 7:25pm Feb 24, 2015 7:25pm
Quoting hayseed
{quote}the platform is different and money required slightly more but otherwise it's just another way to accomplish the same thing..... i do not believe a futures account is SIPC insured but i can quickly sweep the futures account money into my brokerage which is SIPC insured if need be...... sweeping money out of my etradefx/fxcm account usually takes from a few minutes to perhaps an hour..... anyone making a fxcm withdrawal will appreciate that speed.... imagine having the money in your hand in 30 minutes..... note,...
Regarding the safety of a futures account, just review the details about what types of accounts are covered by SIPC and what is actually covered in the account. I was in the MF Global mess and was fortunate I got my funds returned but NOT because of SIPC insurance. My account was considered a "commodities" account since it traded in commodity futures (ES, corn, beans, wheat, etc...) so was not covered by SIPC. Also, even if you have a "securities" account, they will NOT cover any futures positions so only the cash portion of the account. They will NOT cover any currency positions (futures or forex). They WILL cover stock or bond positions.

You mentioned quickly sweeping money into a different account but unfortunately most of the time when these "events" happen, there's nothing that can be done after-the-fact so accounts are usually frozen.

So the important thing to know is whether your futures account is going to be considered a "commodities" account or a "securities" account.
  • #260
  • Feb 24, 2015 11:53pm Feb 24, 2015 11:53pm
Quoting hayseed
{quote} //----- hey blue..... more coming..... below are a couple more.....h //----- hey alifari..... got your pm..... and that was a good question..... i count every completed leg.... and yes, i believe your correct, averages tend to be more accurate as data sets increase in size.... the quick zigzag script below proves our point..... it also shows you my math...... place it on any pair and it will comment the average in the top right chart corner.... it's a script with 2 inputs.... the zigzag depth and whether or not to print the results........
Hi hayseed

I dont know how to use the quick zigzag,if you can show us a case?

thx.
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