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EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

  • #561
  • Oct 14, 2015 4:04am Oct 14, 2015 4:04am
Quoting sakisf
{quote} It's not about trade copier, but just to show how you can do it permanently to run with affinity 1. I am in the blind again, live server down for like 10th time in 3 days.
Thanks...Are you saying your AMAZON server is down, or your broker's server?
  • #562
  • Oct 14, 2015 4:05am Oct 14, 2015 4:05am
Quoting Pipologist
{quote} Thanks...Are you saying your AMAZON server is down, or your broker's server?
Broker. Shifted to Activtrades last week because of prolonged execution problems with Exness and their liveserver-5 is acting up all the time there is news or just randomly goes down for 5-10 min every few hours.

New fibs btw for the remaining day. Breaking 0 of one cancels it out. Now tp is within reach due to London swing if it doesn't spike to 1401.
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  • #563
  • Oct 14, 2015 4:09am Oct 14, 2015 4:09am
Quoting Pipologist
{quote} Crap, anticipated a signal and it did not trigger, now I am holding a long at a level I do not want. Buy level now at 5 min close above 06
OK actual buy signal triggered at 102 offer, I anticipated the bar's close too early and went in at 144 instead, I'll live with it and treat it as a real sh**** fill insead of a real stupid entry.

Ooops, just got a reversal sig on a close beneath 09 and we did, so I hedged and now am in the middle of that minefield KzX saw....

How do you do it KzX....do you have some kind of minesweeping fx software!!!????
  • #564
  • Oct 14, 2015 4:18am Oct 14, 2015 4:18am
Quoting Pipologist
{quote} OK actual buy signal triggered at 102 offer, I anticipated the bar's close too early and went in at 144 instead, I'll live with it and treat it as a real sh**** fill insead of a real stupid entry. Ooops, just got a reversal sig on a close beneath 09 and we did, so I hedged and now am in the middle of that minefield KzX saw.... How do you do it KzX....do you have some kind of minesweeping fx software!!!????
You are getting too many signals from this algo All we need is a minute close above 1.1415. Otherwise still ranging in this crap 14-04.
  • #565
  • Oct 14, 2015 4:28am Oct 14, 2015 4:28am
Quoting sakisf
{quote} You are getting too many signals from this algo All we need is a minute close above 1.1415. Otherwise still ranging in this crap 14-04.
scrubbed the short for a small loss, long side is stronger the next two 5mn bars closing above 08 will convince me the long is a valid signal at least.

Actually it's only given me one mixed signal, the rest was me misreading it and taking a signal when there was not one, and the other was not taking the signal for what it was, the other signals mid trade act like stop and reverse levels.

One more 5mn close above 11 now and I'm happy with the entry, even if it's a losing trade.

OK, we didn't close above 11 but the signal is above 08 previous and new level now for two consec bars.

According to Pipologist's new algo, we *should* go up from here...now bid at 09

*famous last words?
  • #566
  • Oct 14, 2015 4:38am Oct 14, 2015 4:38am
Yeah might be last words Could be about time bulls might give up. I am getting tired too, thinking of closing and go do some paperwork to clear the mind. Moving stop to 1399 and letting it go.
  • #567
  • Oct 14, 2015 5:25am Oct 14, 2015 5:25am
Ye I decided to walk away, closed down software for the day, will re-look tomorrow, just dont like what I see so no reason to play. Too many traders too scared to walk away in case they miss something, for me the risk is higher that I trade in this minefield and step on something I'll wish I hadn't. Good luck to those deciding to stick around. Might be some decent movement and clearer direction after US PPI in 2 hours, will check in then.
  • #568
  • Oct 14, 2015 5:44am Oct 14, 2015 5:44am
Quoting sakisf
{quote} Not all the time. Esp. not on m1, there they can go together for quite some time. But if one overextends (trends) usually the other will go the other way or stay muted. That's DAX/EU (daily closes) since the beginning of the year, don't know if it's any useful. {image}
Got it, Thank You
  • #569
  • Oct 14, 2015 6:37am Oct 14, 2015 6:37am
Quoting sakisf
Yeah might be last words Could be about time bulls might give up. I am getting tired too, thinking of closing and go do some paperwork to clear the mind. Moving stop to 1399 and letting it go.
Your call was right, sorry your stop got hit. I'm all hedged up but with nowhere to go for now.
  • #570
  • Oct 14, 2015 6:40am Oct 14, 2015 6:40am
Quoting Pipologist
{quote} Nice call, sorry your stop got hit. I'm all hedged up but with nowhere to go for now.
Luckily I changed to mt4 when it was stopped. New one now and also short dax. If they keep going it will be fine, already made back the loss. Stop at be for EU, dax will put it when it goes back below daily open. News are coming so will look to exit at most in 15 minutes (open of 30m candle before news starts).

I think it should hit the daily high or sit at 1410 for the news. Too high for scalpers to enter, too tricky for shorts.
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  • #571
  • Oct 14, 2015 6:49am Oct 14, 2015 6:49am
Quoting sakisf
{quote} Luckily I changed to mt4 when it was stopped. New one now and also short dax. If they keep going it will be fine, already made back the loss. Stop at be for EU, dax will put it when it goes back below daily open. News are coming so will look to exit at most in 15 minutes (open of 30m candle before news starts). I think it should hit the daily high or sit at 1410 for the news. Too high for scalpers to enter, too tricky for shorts. {image}
I switched to 1mn instead of 5mn, algo gives a bit of a different number at different times there, 5mn was too much consolidating, on 1mn was able to squeeze 7tp on that little run up.
  • #572
  • Oct 14, 2015 6:53am Oct 14, 2015 6:53am
Quoting Pipologist
{quote} I switched to 1mn instead of 5mn, algo gives a bit of a different number at different times there, 5mn was too much consolidating, on 1mn was able to squeeze 7tp on that little run up.
1m is much better. I don't believe in candles anymore. It's all random, from 1m to 1month candle. Only numbers matter. Out of the EU long anyway +10. Waiting for dax to go 9970 to collect six points and out too (though it's attempting to close the gap and might give a good runner down later).
  • #573
  • Oct 14, 2015 6:57am Oct 14, 2015 6:57am
Quoting sakisf
{quote} 1m is much better. I don't believe in candles anymore. It's all random, from 1m to 1month candle. Only numbers matter. Out of the EU long anyway +10. Waiting for dax to go 9970 to collect six points and out too (though it's attempting to close the gap and might give a good runner down later).
Shorted at 078. TP 008 SL 178
10pLoss or 7pGain. Close before news if open.
  • #574
  • Oct 14, 2015 7:02am Oct 14, 2015 7:02am
Backtest your algo with proper movements/volatility. If it gives you entries during 15p consolidation you should probably ignore all of them.
  • #575
  • Oct 14, 2015 7:10am Oct 14, 2015 7:10am
Quoting KzX
Backtest your algo with proper movements/volatility. If it gives you entries during 15p consolidation you should probably ignore all of them.
Got it. Thing is, trying to fully automate it...that's the real goal. Not sure yet how to formulate a formula that confirms 15p range. So trying to come up with an MM mechanism that would allow me to take both sides in a tight range and potentially profit on both sides, and if / one side takes the tp on a hedge then to release the hedge and move the opposite stop up....or just take the first valid signal to the stop...all basic stuff that others have tried before but with a slightly different price only, based entry.

Anyway that blip up is coming back, was looking at the regression, if they took it up to my stop, a slew of other people's algos would have triggered a buy with a TL break there.
  • #576
  • Oct 14, 2015 7:33am Oct 14, 2015 7:33am
There we go. Even if it could be some nice profit, it feels good standing aside just watching it too. Feel is it won't stop there. Could approach 1.15, so not planning shorting till Friday.
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  • #577
  • Oct 14, 2015 7:36am Oct 14, 2015 7:36am
11445 is the key here
  • #578
  • Oct 14, 2015 7:38am Oct 14, 2015 7:38am
Just a tip for the future. If the price is consolidating and you see a pattern like the one some time ago - 10-15 brekout to one side and immediate return (V) then in most cases it's gonna go through the other side.
  • #579
  • Edited 7:59am Oct 14, 2015 7:42am | Edited 7:59am
Waiting now. First time in days it didn't go back to re-touch the daily open. Should have taken that to note earlier when I closed at the V.

Don't wanna wait all day. Bought the top, sl at 1.1431, tp 1.1510.
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  • #580
  • Oct 14, 2015 7:59am Oct 14, 2015 7:59am
I know it may sound ridiculous but a big stinky 100p dump from here would be perfect for the healthy trend reasons.
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