+20 pips in AU, i followed ziggy since he has stats of 70% hit rate with sl20 and tp20
Trader Dale - daily trading levels
- #4,525
- Edited 6:15am Jan 28, 2017 4:39am | Edited 6:15am
{quote} Usdcad limit order got hit just before closing and i have to keep it open over the weekend
Pundits say, never trade on fridays/weekends and then there is also the theory of the 'gap'[Gaps always fill] . But what happens when these kind of trades sway off in a Limbo over the weekend or holiday phase ?
any expert ideas please?
{quote} this brings an interesting question for the learning process.
Akif,
- #4,529
- Jan 28, 2017 8:47am Jan 28, 2017 8:47am
- Joined Oct 2007 | Status: Thanking GOD for today | 1,108 Posts
{quote} this brings an interesting question for the learning process.
Plan, Prepare, Execute, Repeat
- #4,530
- Jan 28, 2017 10:28am Jan 28, 2017 10:28am
{quote} This is just my opinion of course but I always pull all of my orders @ 1500 on Fridays. I do not want the risk of gaps. I have had it work both in my favor and against me. I just dont want to deal with it because if you get stuck with it you are risking a gap of 50+ for a profit of 10.
- #4,533
- Jan 29, 2017 1:06pm Jan 29, 2017 1:06pm
- Joined Oct 2007 | Status: Thanking GOD for today | 1,108 Posts
Plan, Prepare, Execute, Repeat
After a full day of sitting in front of the monitor coding and debugging here is something different to look at.
I managed to download historical real tick data from internet and feed this data to our beloved the volume profiler tool.
Now I could use the real tick volume instead of estimating. Huge expectancy right?
Well here are the results, not much of a difference if you ask me.
And the phenomenon about the jaggedness of the tick volume profile:
It took me sometime to realize this. It looks like people (or systems) still prefer to trade at 4 point decimals. Even Dale give his sniper precision level with 4 digits.
Those jaggedness comes from that(very evident in AUDUSD case). Well at least this was an interesting output of today's wasted hours. With our volume profile tool we dont see this because, I spread minute tick data all over the minute range, thats why it looks much smoother in our version.
EURUSD Bid+Ask Volume:
EURUSD Only Bid Volume:
EURUSD Only Ask Volume:
EURUSD Estimated M1 Volume:
AUDUSD Bid+Ask Volume:
AUDUSD Only Bid Volume:
AUDUSD Only Ask Volume:
AUDUSD Estimated M1 Volume:
Now I gotta go to bed and get ready for tomorrow.
Akif,
I managed to download historical real tick data from internet and feed this data to our beloved the volume profiler tool.
Now I could use the real tick volume instead of estimating. Huge expectancy right?
Well here are the results, not much of a difference if you ask me.
And the phenomenon about the jaggedness of the tick volume profile:
It took me sometime to realize this. It looks like people (or systems) still prefer to trade at 4 point decimals. Even Dale give his sniper precision level with 4 digits.
Those jaggedness comes from that(very evident in AUDUSD case). Well at least this was an interesting output of today's wasted hours
. With our volume profile tool we dont see this because, I spread minute tick data all over the minute range, thats why it looks much smoother in our version.EURUSD Bid+Ask Volume:
EURUSD Only Bid Volume:
EURUSD Only Ask Volume:
EURUSD Estimated M1 Volume:
AUDUSD Bid+Ask Volume:
AUDUSD Only Bid Volume:
AUDUSD Only Ask Volume:
AUDUSD Estimated M1 Volume:
Now I gotta go to bed and get ready for tomorrow.
Akif,
- #4,535
- Jan 29, 2017 4:27pm Jan 29, 2017 4:27pm
After a full day of sitting in front of the monitor coding and debugging here is something different to look at. I managed to download historical real tick data from internet and feed this data to our beloved the volume profiler tool. Now I could use the real tick volume instead of estimating. Huge expectancy right? Well here are the results, not much of a difference if you ask me. And the phenomenon about the jaggedness of the tick volume profile: It took me sometime to realize this. It looks like people (or systems) still prefer to trade at 4...
