EUR/USD

Jun 17, 2012 at 11:03
198,973 Views
9,790 Replies
Biedrs kopš   2299 ieraksti
Jul 14, 2012 at 10:05

   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
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 11:04
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.
Biedrs kopš   2299 ieraksti
Jul 14, 2012 at 11:08
Steve, are you trading?
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 13:30
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?
Biedrs kopš   2299 ieraksti
Jul 14, 2012 at 13:39
what about going live? you have been coding for far too long. there is only so much to code.
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 13:48
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
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 13:50
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
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 13:54
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.

Biedrs kopš   2299 ieraksti
Jul 14, 2012 at 14:00

   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
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 14:08
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😉
Biedrs kopš   2299 ieraksti
Jul 14, 2012 at 15:53
you seem to concentrate on bar open close prices
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 14, 2012 at 16:15
yes rough enough

   Chikot posted:
   you seem to concentrate on bar open close prices
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 24, 2012 at 19:06
guys

beter to use this thread for EU and other common trades
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 25, 2012 at 07:59
I was again long last night and took my %90 of yesterdays loss back



stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 25, 2012 at 08:01
correct shot



Biedrs kopš   155 ieraksti
Jul 25, 2012 at 09:15 (labots Jul 25, 2012 at 09:16)
... and so what we have? sold by 2125. target in 2088. but it may fall, the last in 2030 ... 😄
good luck!😎
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 25, 2012 at 12:11
I will go long on EU at 1600 gmt+3
Biedrs kopš   5 ieraksti
Jul 25, 2012 at 14:41
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
Biedrs kopš   5 ieraksti
Jul 25, 2012 at 15:37
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 :)

Pielikumi

Lets begin from you
stevewalker
forex_trader_79941
Biedrs kopš   1439 ieraksti
Jul 25, 2012 at 18:32 (labots Jul 25, 2012 at 18:33)
long in progress @ 1.21405

MFE 20
MAE 27

actual + 20 pips

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