Hi Hanover, I am starting to code my trading robot EA. Though I am not a professional programmer and only learn things on the fly, my programming experience teaches me that exception handling is extremely important. I anticipate to be able to ...

Hanover replies to PMs

I see a lot of doubts from members when drawdown happens. Some even saying "he's praying"/ "gonna blow his account". To these posters I dont mean to be rude but Im afraid that's only your experience. Not his. It's just drawdown. The way this system ...

From HKD$3000 to my dream

Maybe because it just breaks out of a range so have potential to move further down? But that's just hindsight.. Still H1 200MA is strong s/r. Anyway, impressive trading today! My experience is the big move often happens between 9pm to midnight in ...

From HKD$3000 to my dream

Btw if it's me I probably would have closed out all the shorts at 6am GMT after that H1 pinbar..

From HKD$3000 to my dream

Hey 90strader, Quite a rangy day today on gold so far. No major news as well. I don't know how to look at intermarket correlation from JPY, GBP and EUR to tell the direction of gold, and am very interested. Would you mind teaching me some tips how ...

From HKD$3000 to my dream

Ok I see. Thanks for the explanation! yeah I see these short positions. I expect gold to be rangy to bullish next week. Maybe more likely to be rangy..

From HKD$3000 to my dream

Having looked at your trades in more details this weekend, I must say very accurate timing of directional change on Gold. and a lots of courage. I can never handle these drawdowns psychologically.. I see that you start to switch into buy mode since ...

From HKD$3000 to my dream

ok I see. Thanks for the graph and explanation. You are a true inspiration.

From HKD$3000 to my dream

Hello, I can relate to your confusion. I studied how to draw the monthly s/r before. The tip is to not draw every line. Be more selective towards the recent one that haven't been crossed. Ideally after you draw the lines, it would be roughly evenly ...

Trading Made Simple

Hello 90strader, Impressive result. Great to see a fellow asian trader. I am also born in 90s. Very interested in how you plot these swordlines..When you have more free time, would you minding sharing some tips about drawing the swordline? And ...

From HKD$3000 to my dream

Hello dragonexpert, I found your reply on the thread CCI scalping system. Did you tested the CCI scalping system from ioni yet? I spend some minutes to code an indicator for it but it doesn't look very promising. Let me know if you want to look at ...

EURUSD

I wonder how well is the Gaussian process regression perform. Wouldn't over-fitting be an issue? Do you use M1 for trading direction as a way to filter tick level trades?

Speedometer (Points/Sec)

Hello Dale, Would you mind discussing why did you draw the level on AUDUSD today I have been following this thread silently. I thought the level is a combination of PA like huge selling candle + local peak in market profile volume. I cannot get the ...

Trader Dale - daily trading levels

Thanks a lot for the teaching pips29. I am curious on the sentence you wrote: "If you take a look at N/U on the 4 hour you will see a wick and price closed below the 200 ema". From your experience, if the candle that first touches the 200ema doesn't ...

A very simple system - trade with arrow

Hi pips29, I was reading the old posts by you and noticed several occurrences of the 1-2-3 pattern. My understanding of it so far is merely a lower high (for a sell) and more than 60% retrace of the previous leg. Is it the correct understanding or ...

A very simple system - trade with arrow

Thank you for the reply. I understand now that trading towards 10ema is more risky and thus more stringent trade management should be used.

A very simple system - trade with arrow

Hi pips29, Thank you for the reply. Often I get confused when to stay in the trade for longer time and tolerate the retrace (e.g., the EU sell yesterday), and when to close it and cut loss short (e.g., the most recent GU sell closed at +1 pip). I ...

A very simple system - trade with arrow

Hi pips29, The sell trade of EU, I see that price exhibit some toppish pattern and you entered after price broke below the higher TF 34ema, but I find it difficult to understand the reason you decided to stay in it for very long time despite the ...

A very simple system - trade with arrow

Thank you for the explanation. It helps a lot.

A very simple system - trade with arrow

Thank you for the reply pips29. I consider the Oil buy trade a counter trend trade because at the time (a) 10ema is below 34ema on H1 and H4. (b) price has been staying below the H1 and H4 34ema the whole time before the buy trade is taken. I agree ...

A very simple system - trade with arrow