Too much risk for a complete basket, a good decision however!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,742
- Jun 9, 2016 6:46am Jun 9, 2016 6:46am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
No basket for today so far but many single orders collecting the Pips!
Right after the small arrows to the right changed direction the order was sent on EURUSD & CADCHF
Jibala
Right after the small arrows to the right changed direction the order was sent on EURUSD & CADCHF
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,743
- Jun 9, 2016 7:22am Jun 9, 2016 7:22am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
But here it comes:
Perfect as always!
Jibala
Perfect as always!
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,744
- Edited 6:35pm Jun 9, 2016 6:22pm | Edited 6:35pm
- | Commercial User | Joined Feb 2015 | 1,380 Posts
But here it comes: {image} {image} Perfect as always!
Firstly thanks for the insights ...
So if my understanding is correct, please confirm or correct me as necessary.
1) You look at the strength and see that NZ is falling as noted with your arrow down.
2) Disregard the Buy Sell indicators and look at the arrows. Make your decision based on the arrows except for AUDNZD where you have made an educated decision based on what NZD is doing and sell.
Have I made the correct assumptions?
And is all that created in the Speedometer spreadsheet, if so looks like I need to move from OO to Excel.
Thanks for your response.
When you are successful perhaps give a thought to others ... Kiva dot org
- #1,745
- Jun 9, 2016 6:31pm Jun 9, 2016 6:31pm
- | Commercial User | Joined Feb 2015 | 1,380 Posts
Hi Jibala
Thanks for your time ... greatly appreciated ... I just watched your correlation video, can you advise if the data used in that, I assume an excel spreadsheet, is the data tick data or some other time frame, if other can you advise?
Thanks again
Thanks for your time ... greatly appreciated ... I just watched your correlation video, can you advise if the data used in that, I assume an excel spreadsheet, is the data tick data or some other time frame, if other can you advise?
Thanks again
When you are successful perhaps give a thought to others ... Kiva dot org
- #1,746
- Jun 10, 2016 1:37am Jun 10, 2016 1:37am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
Ok guys, some more explanations on how to:
1. I need a trigger! I have two main triggers for counter trades, the thick green/red lines on the bottom/top of the chart.
But what we can see on the chart, momentum is missing, it takes (took) long to trigger hence, it might become very risky to trade such a signal (however it worked)
Much better, if there is momentum enough and you can be assured that your order will finish (depending on TP) in some seconds/minutes
Sad to say that the signal wasn't triggered, just some mere pips missing!
The early bird from last night shows the statement under 1. very clear again:
The signal should be triggered with such momentum from 1 or 2...
...and not with the speed of a sleepy turtle on the 5th attempt!
It worked but of course this is not what we expect on how it should work. It was running many hours for some mere pip (ok, while I was sleeping!)
2. Beside the trigger for the basket I do conventional trading or single order trading depending on signal with or against the main trend. The small arrows on the right side are a great indication for this trading style which is "scalping".
3. The "WSD 4.0 Double GAP CSM" is a M$ Excel based Trading Platform which has been designed for personal use (important, otherwise I might get a mail from Twee again)
4. MT4 is used as data feed via DDE (raw tick data) and for the order execution
Have a great day all together.
Jibala
1. I need a trigger! I have two main triggers for counter trades, the thick green/red lines on the bottom/top of the chart.
But what we can see on the chart, momentum is missing, it takes (took) long to trigger hence, it might become very risky to trade such a signal (however it worked)
Much better, if there is momentum enough and you can be assured that your order will finish (depending on TP) in some seconds/minutes
Sad to say that the signal wasn't triggered, just some mere pips missing!
The early bird from last night shows the statement under 1. very clear again:
The signal should be triggered with such momentum from 1 or 2...
...and not with the speed of a sleepy turtle on the 5th attempt!
It worked but of course this is not what we expect on how it should work. It was running many hours for some mere pip (ok, while I was sleeping!)
2. Beside the trigger for the basket I do conventional trading or single order trading depending on signal with or against the main trend. The small arrows on the right side are a great indication for this trading style which is "scalping".
3. The "WSD 4.0 Double GAP CSM" is a M$ Excel based Trading Platform which has been designed for personal use (important, otherwise I might get a mail from Twee again)
4. MT4 is used as data feed via DDE (raw tick data) and for the order execution
Have a great day all together.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,747
- Jun 10, 2016 1:52am Jun 10, 2016 1:52am
- | Commercial User | Joined Feb 2015 | 1,380 Posts
When you are successful perhaps give a thought to others ... Kiva dot org
- #1,748
- Jun 10, 2016 1:52am Jun 10, 2016 1:52am
- Joined Nov 2015 | Status: Trader | 2,976 Posts
Success is a Journey Not a Destination....... kind regards ramzam
- #1,749
- Jun 10, 2016 2:58am Jun 10, 2016 2:58am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
There are many more signals one level 2 & 3 but in worst case we will run in a big DD until it drops back from level 1! It's a decision on how you feel more or most comfortable and imho is the trigger on level 1 more safe.
Sometimes it's just luck and some mere ticks to keep me in the race!
Jibala
Sometimes it's just luck and some mere ticks to keep me in the race!
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,751
- Jun 10, 2016 6:06am Jun 10, 2016 6:06am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
Some more explanation on spaghetti especially to give some ideas for the programmers like project123 and Bernhard:
1) 1 - 8 Fibo Levels + Fibo Extension
2) 9 - 10 Average market strength
3) 11 Medium market @4.5
4) @Bernhard on the right side the arrows that's what @princefred is asking for. But be careful, it might become the "crystal ball"!
The spaghetti chart shows everything we need for trading:
1) Ranging market, hence do not enter the market. All currencies inside / between the bands, market is weak.
This is how market looks like, just another basket view
Market starts moving or becomes more active:
Preparing for the news, a profitable counter trade was expected:
Momentum enough to enter the market:
Shortest trade 8 sec, longest 5 min!
The week couldn't end any better!
Have a nice weekend all together and enjoy.
Jibala
1) 1 - 8 Fibo Levels + Fibo Extension
2) 9 - 10 Average market strength
3) 11 Medium market @4.5
4) @Bernhard on the right side the arrows that's what @princefred is asking for. But be careful, it might become the "crystal ball"!
The spaghetti chart shows everything we need for trading:
1) Ranging market, hence do not enter the market. All currencies inside / between the bands, market is weak.
This is how market looks like, just another basket view
Market starts moving or becomes more active:
Preparing for the news, a profitable counter trade was expected:
Momentum enough to enter the market:
Shortest trade 8 sec, longest 5 min!
The week couldn't end any better!
Have a nice weekend all together and enjoy.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,752
- Jun 10, 2016 6:13am Jun 10, 2016 6:13am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
Testing out a theory on flexi-filters for BR,RS,BS,BS GAP triggers...don't have records of trigger values at order open and close, haven't implemented that yet. {image} {image} {image} {image} {image} {image} Have a nice day all
Test looks promising already!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
Some more explanation on spaghetti especially to give some ideas for the programmers like project123 and Bernhard: {image} 1) 1 - 8 Fibo Levels + Fibo Extension 2) 9 - 10 Average market strength 3) 11 Medium market @4.5 4) @Bernhard on the right side the arrows that's what @princefred is asking for. But be careful, it might become the "crystal ball"!
I am not looking to sell anything here like the other dude, since I have enough resources to do profit from my own funds, I don't need any donation, I am the one that donate. Let's say I am lucky one.
With all my respect for you, and I have lot of respect since I learned a lot from you're trading style, and it improve my balance , you shouldn't feel offend when I try to push for more information , this is what a student should do with his teacher, and if you feel offend I apologize for that.
And now I think I should change my name to project123
By failing to prepare, you are preparing to fail.
- #1,754
- Jun 10, 2016 6:32am Jun 10, 2016 6:32am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
{quote} Thank you for you're explication, but putting me and Bernhad or whatever name he has in the same sentence ..... I am not looking to sell anything here like the other dude, since I have enough resources to do profit from my own funds, I don't need any donation, I am the one that donate. Let's say I am lucky one. With all my respect for you, and I have lot of respect since I learned a lot from you're trading style, and it improve my balance , you shouldn't feel offend when I try to push for more information , this is what a student should...
Play it back, become a team player and contribute.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
{quote} I am wondering that you took the ball!
In the feature maybe I should comment less about you're trading , maybe this bring me less heat
By failing to prepare, you are preparing to fail.
- #1,756
- Jun 10, 2016 6:53am Jun 10, 2016 6:53am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
{quote} Do not play the ball in others garden, my trading is just a copy of you're trading style, I decode you're public information bad or good I don't know, we don't even need to know since the original is still here. In the feature maybe I should comment less about you're trading , maybe this bring me less heat
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #1,757
- Jun 10, 2016 6:56am Jun 10, 2016 6:56am
{quote}
....i'm so technology backwards - #1,759
- Jun 10, 2016 7:55am Jun 10, 2016 7:55am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
