{quote} That's your point of view! This is a part of a correlation table with live data stream. Chose any 2 pairs and its value and have a look how they move together or against each others. {image} nasap
Can you share it for us, please?
As simple as possible: 00 level trading
Can you share it for us, please?
- #29,445
- Apr 10, 2015 12:15pm Apr 10, 2015 12:15pm
{quote} Tijd voor een feestjeTodays trades: AUDJPY to TP CADJPY to TP EURJPY to TP EURUSD to TP (with monstruous positive slippage for once) NZDUSD to TP NZDJPY to TP AUDUSD to TP EURJPY again to TP CADJPY again to TP Really tired now, time for weekend. Green pips to all those continuing to trade. LuXing EDIT: I will do 10 burpees for blatantly ignoring rule #13. {image} {image} {image} {image} {image} {image} {image} {image} {image}
Nice pipping!
What is the indicator you use to show the currency pair, quote and spread in the upper left corner? Is it the Market Display indi only modified? Or something else
Any help would be appreciated.
- #29,455
- Apr 11, 2015 12:32am Apr 11, 2015 12:32am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
{quote} Hey Masterrmind (or should I say Grandmaster Flash), Whats that I see on your chart now ? White lines ? https://www.youtube.com/watch?v=u0u_qxFEysI LuXing
I have been called Grandmaster before by the way but never Grandmaster Flash......hmmm interesting thought!
Good trading to you my friend,
May the little green ones continue to be caught in your trader's net,
Masterrmind............
Master your Mind then Master your Trades
- #29,456
- Apr 11, 2015 12:48am Apr 11, 2015 12:48am
This post is not to show or teach you (Udine and some others do their very best already) how you can become a successful trader but might you start thinking. Why trader still fail in this very simple trading strategy! No matter what information they get, they will not become successful because they can't put things together.
What do we need?
1. Strategy (we have)
2. Rules (we have)
3. Indicators (we have)
4. Nanny! (urgently needed)
Ok, let me be your Nanny for this last lesson because it's boring already to repeat such simple things again and again.
Long time ago Udine mentioned that pairs must be sync to get best chance of a winning trade. And how it is always, people start seeking and asking for indicators to show "sync status" on the chart. Thanks God there are always some smart people around to show their ideas how something might work!
Therefore read #Post 28236 to know about "sync status" and get the indicators with a click on the paperclip on the top.
Is that really all? No, of course not! Why not? Because you have to use that littel pea in your head and don't jump blindly into (a trade) the cold water.
Let's have a look on the chart Robinho posted some hours ago. EU moved for some nice pip (~25) from DO.
Enough to pick mere 5 pip? Imho it's possible if you have all necessary information! Therefore I took both trades bit later.
Yeah I know, I hear my haters crying and shouting already! YOU have all those additional indicators like WSD and whatever.
That's right, but where the data comes from? Isn't it the same Broker and the same Metatrader most of you using? Hence, what I'm doing different?
To answer this let's have a look on the last screen from last night. It's for illustration purpose only!
As you can see the bars in chart are sync already but no signal. Besides the H4 is still green!!! But that's not the point. If this happens in "normal" market hours traders will jump in and fail! They are missing one of the most important information.
Momentum / Strength can be measured. What about the "vola"? Isn't it important as well to know about that too? Isn't it important to know if the market is liquid enough to move it nicely? For me it is one of the most important indications of all!
In "normal" market conditions it's value (2 arrows to the left / right of the csm) is something from 0.7 - 1.5 (to compare the last 2 days 2.8!!!). Can't upload a video here to show how nice it works and what a big advantage it has.
Ok guys, now you know what are my trading secrets. Imho there are some good coders around to do that piece of work. I can't share mine because I don't get it to work as a stand alone application. But I still have a link to share for those of you still looking for a strength meter:
http://megatrendfx.com/additional-fo...eter-indicator
I can't say anything abou it, just found it somehours ago.
Stay green always and best of luck to everybody!
nasap
What do we need?
1. Strategy (we have)
2. Rules (we have)
3. Indicators (we have)
4. Nanny! (urgently needed)
Ok, let me be your Nanny for this last lesson because it's boring already to repeat such simple things again and again.
Long time ago Udine mentioned that pairs must be sync to get best chance of a winning trade. And how it is always, people start seeking and asking for indicators to show "sync status" on the chart. Thanks God there are always some smart people around to show their ideas how something might work!
Therefore read #Post 28236 to know about "sync status" and get the indicators with a click on the paperclip on the top.
Is that really all? No, of course not! Why not? Because you have to use that littel pea in your head and don't jump blindly into (a trade) the cold water.
Let's have a look on the chart Robinho posted some hours ago. EU moved for some nice pip (~25) from DO.
Enough to pick mere 5 pip? Imho it's possible if you have all necessary information! Therefore I took both trades bit later.
Yeah I know, I hear my haters crying and shouting already! YOU have all those additional indicators like WSD and whatever.
That's right, but where the data comes from? Isn't it the same Broker and the same Metatrader most of you using? Hence, what I'm doing different?
To answer this let's have a look on the last screen from last night. It's for illustration purpose only!
As you can see the bars in chart are sync already but no signal. Besides the H4 is still green!!! But that's not the point. If this happens in "normal" market hours traders will jump in and fail! They are missing one of the most important information.
Momentum / Strength can be measured. What about the "vola"? Isn't it important as well to know about that too? Isn't it important to know if the market is liquid enough to move it nicely? For me it is one of the most important indications of all!
In "normal" market conditions it's value (2 arrows to the left / right of the csm) is something from 0.7 - 1.5 (to compare the last 2 days 2.8!!!). Can't upload a video here to show how nice it works and what a big advantage it has.
Ok guys, now you know what are my trading secrets. Imho there are some good coders around to do that piece of work. I can't share mine because I don't get it to work as a stand alone application. But I still have a link to share for those of you still looking for a strength meter:
http://megatrendfx.com/additional-fo...eter-indicator
I can't say anything abou it, just found it somehours ago.
Stay green always and best of luck to everybody!
nasap
The little nut in your head is called brain. Use it!
- #29,457
- Apr 11, 2015 1:31am Apr 11, 2015 1:31am
- Joined Jun 2013 | Status: Master chaos and you master trading | 11,287 Posts
Master your Mind then Master your Trades
{quote} I have always had my DO variable TimeZoneOfData set with a value = 0 It's far more important to read the charts correctly than where your DO line is placed however I have tested different variations for this DO line and it has not altered the strike rate at all. So you might immediately think that it's not important where the DO line is positioned on your chart and therefore why even have it on the chart at all. Here's why....... 1. Price at the start of the day will move away from the DO line either Up or Down and often it will move away...
Thank you Materrmind for that explanation - I will read it again later
Blindly following others will make you blind!