Hi all, Here is an improved version of the cindy_donch indicator that plots the relevant fib lines automatically. A lot of useful input and more importantly, bug fixes from TradeFinder are gratefully acknowledged. And as always, thanks to Cindy for ...

My Baby

Newspeak. War is peace, freedom is slavery, ignorance is strength. Oldthinkers unbellyfeel Ingsoc. k url

The Rabbit Hole

I think we were/are just a bit early. It will make a break from the trend, but in the longer run (few weeks) I think it will still go up. k

Oil and Natural Gas

Agreed, the OPEC meetings are happening. Got stopped out during the night. Anyway, just trying out some crazy theories, fundamentals aren't taken into account. (I'm actually surprised I didn't get stopped out earlier during the ...

Oil and Natural Gas

OK, that should have been it. Shifting the sl two pips above the daily high to further reduce risk. Let's see what the news bring. k

Oil and Natural Gas

I think we're nearing the top of swing i: I'm trying out some calculations, and according to them the top has most likely either just occurred or would occur within the next hour. This, if correct, would imply that the news today wouldn't launch the ...

Oil and Natural Gas

NEVER ADD TO LOSING TRADES! No matter what some particular FF "gurus" tell you. Always cut your losses, let profits run. Ed Seykota: "The elements of good trading are cutting losses, cutting losses, and cutting losses." k image

is this the reason you leave Forex

Cindy, one could potentially benefit from an anchored Donchian with a 38.2 and 61.8% autoplotted to follow with the pyramid. Since I had a similar indicator coded, I could quickly modify it for this strategy. One uses it in the following way: Plot a ...

My Baby

No it's not - it could be any other number actually, the only important requirement is that this number is fixed. It's just that there will be trends where this will work. For those you'll (systematically) approach R:R ~ 1:∞. That is why that system ...

5 years and still no strategy

Your capabilities are second only to your modesty. In any case you are very welcome to share your system. Cheers, k

5 years and still no strategy

Agreed. The initial entry seems almost irrelevant. The pyramiding is the key here. I'd think that, if one wanted to filter the beginning of a large tf trend with weak pullbacks (where price does not return to fib 61.8) one could start with any low ...

My Baby

One more thing for newbies (and those that aren't): CindyXXXX has recently shared a system "My Baby". I have read the rules: this is a logical system that relies on watching the reaction to an obvious support/resistance level. Then entering with low ...

5 years and still no strategy

This is in my opinion the best system publicly shared on FF (and I think I probably read the descriptions of all of them). Thanks for sharing CindyXXXX. k

My Baby

Agreed. I'll set up orders at ii. k

Oil and Natural Gas

Consider using this indicator (VWMA anchored at the recent top/bottom rather than VWMA with fixed period). In my experience the pullbacks run to the anchored VWMA to "recharge" the trend so this quantity is usually frequently revisited. From ...

5 years and still no strategy

Well, both are reliable. A/D one can use in particular for double top/double bottom reversal (divergence trading). OBV is imho better for pullback trading (which is what I do). The cool thing about OBV is that apparently one can make a "dashboard" ...

5 years and still no strategy

I do consider it extra information. Market activity is the fuel of price movement imho. I understand what you're saying: It is perfectly possible to simply follow the price, observe how fast it changes and act accordingly in the trade or ...

5 years and still no strategy

The only thing I'm curious about: Why do you bother with random entries when you know this? k

5 years and still no strategy

I don't know it, but I'd think they would expose themselves to unnecessary risk if they manipulate the price feed too often. The casinos ensure that roulette wheels are perfectly flat etc for the same reason: they on average win. (And I'd think ...

5 years and still no strategy

If you've seen this happen, then just buy the same instrument at the broker with lower price and sell at the one with the higher price. You earn money without any risk. k

5 years and still no strategy