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Chikot
Jul 14 2012 at 10:05
2299 posts

   stevewalker posted:
   possible

but I assume that there will be big consolidation after > 2000 pip drop + summer time.

   James_Bond posted:
   I forecast a small retrace before going down some more. This is where I would look to sell, with a stop above the previous high:




Steve, usually it is impossible to predict when chop chop starts and when ends. until trend bends it is still a trend. so far nothing has changed outside of gbp pairs.
stevewalker
stevewalker
Jul 14 2012 at 11:04
1439 posts
ok

   Chikot posted:
   

   stevewalker posted:
   possible

but I assume that there will be big consolidation after > 2000 pip drop + summer time.

   James_Bond posted:
   I forecast a small retrace before going down some more. This is where I would look to sell, with a stop above the previous high:




Steve, usually it is impossible to predict when chop chop starts and when ends. until trend bends it is still a trend. so far nothing has changed outside of gbp pairs.
Chikot
Jul 14 2012 at 11:08
2299 posts
Steve, are you trading?
stevewalker
stevewalker
Jul 14 2012 at 13:30
1439 posts
yes manually on demo. but most of the day I code, to keep myself away from changing the trades. this way is better.
 

   Chikot posted:
   Steve, are you trading?
Chikot
Jul 14 2012 at 13:39
2299 posts
what about going live? you have been coding for far too long. there is only so much to code.
stevewalker
stevewalker
Jul 14 2012 at 13:48
1439 posts
I did find many systems that work for a some years but when going longer they fail. if it fails on BT it will fail on FT. so still working to find a reasonable system.

daily system EA is really promising. but it can be used for retirment. it needs at leat 5 years to make good profit. it uses 2 MA s and uses one of MA out of two with SHIFT. you can call 3 MA system.


manual is in profit.
I ınvolve too much when only manual trading. so I devide my attention in to 2.




   Chikot posted:
   what about going live? you have been coding for far too long. there is only so much to code.
stevewalker
stevewalker
Jul 14 2012 at 13:50
1439 posts
also I must confess that daily charts has absolutly low noise regarding to the H1 chart.
still tick is the best if cost could be lower but daily charts are really easy to code.
stevewalker
stevewalker
Jul 14 2012 at 13:54
1439 posts
the main issue is
when using < daily charts algo of short and long are totally different due to water fall effect on short.
but when coding daily chart revse of long can be used for short.

Chikot
Jul 14 2012 at 14:00
2299 posts

   stevewalker posted:
   also I must confess that daily charts has absolutly low noise regarding to the H1 chart.
still tick is the best if cost could be lower but daily charts are really easy to code.


check weekly ones 😉 one hour charts are obvious noise. even 4H is a noise.
I also day trade now. not very actively. I think I am pretty good at day trading given time which I have now. i am more concentrated on trend following now but will not stop day trading as it keeps me sharp. but I do not think day trading can ever be coded. just too much changes. On higher time frames everything is more stable and do not change over decades. trends are always there.
stevewalker
stevewalker
Jul 14 2012 at 14:08
1439 posts
what I try to code is a ntural winner with bar open.

bar open : is very rough and BT can project FT results.
no optimization : when I had code a system and if it fail on first test then its uselles. optimization is junk.

if I optimaze my EA s BT results will be great but when FT surly will fail.

coding and testing ideas is teaching too much😉
Chikot
Jul 14 2012 at 15:53
2299 posts
you seem to concentrate on bar open close prices
stevewalker
stevewalker
Jul 14 2012 at 16:15
1439 posts
yes rough enough

   Chikot posted:
   you seem to concentrate on bar open close prices
stevewalker
stevewalker
Jul 24 2012 at 19:06
1439 posts
guys

beter to use this thread for EU and other common trades
stevewalker
stevewalker
Jul 25 2012 at 07:59
1439 posts
I was again long last night and took my %90 of yesterdays loss back



stevewalker
stevewalker
Jul 25 2012 at 08:01
1439 posts
Vlad (Mars30)
Jul 25 2012 at 09:15
155 posts
... and so what we have? sold by 2125. target in 2088. but it may fall, the last in 2030 ... 😄
good luck!😎
stevewalker
stevewalker
Jul 25 2012 at 12:11
1439 posts
I will go long on EU at 1600 gmt+3
Tomáš Valko (tomasv)
Jul 25 2012 at 14:41
5 posts
So my dear friends ,...would like to add some charts here :) as i would like to add here some kind of my stuff.

  At first i would like to say that many of you will tell or at least will think that i am a gambler :) (traditional terminology) :D when you will see my portfolio. But my point is just to make money from mostly nothing. My point of view : trading with 3 instruments :

1.Gold.

Concentrating on levels 1610 - 1550 and trading between them . Now im holding 3 positions for short.

2. EUR/USD

Took today some plenty of longs and earn some money but still holding some longs higher with simple tp of about 1.22450 somewhere here

3. GBP/USD

Holding again longs 8 positions for longs in diferent levels. Would like to see something around 122.500 which is nearly 60% of fibo retracemnet.

Wish you all luck guys
Lets begin from you
Tomáš Valko (tomasv)
Jul 25 2012 at 15:37
5 posts
So adding some nice picture stuf of my positions and and TPs.

GBP/JPY - nicely seen some basement but of course i can be also nicely kicked into my ,.... something....
Stochastic down with usage of Fibonacci retracement lets say that this beast can go on two levels of TPs:

1. 122.290 - primary TP
2. 122.888 - secondary or theoretical TP :)

So got opened some stuff and waiting for my money.

Gold - already closed one of my position and took + 20 dolars profit ,...will wait little bit more. From the picture i think it is very clear ( added another sell position ) but not seen on the picture. The targets are:

1. 1585 - given according to fibo levels
2. 1577 - as a mid of the trend lines there

Wish you all luck and iron balls :)

Attachments:

Lets begin from you
stevewalker
stevewalker
Jul 25 2012 at 18:32
1439 posts
long in progress @ 1.21405

MFE 20
MAE 27

actual + 20 pips

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