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  • #601
  • Jan 24, 2018 3:29am Jan 24, 2018 3:29am
Took a beating from the market ..trades are all closed..flat at the moment...I think I will get back to the 5/15 min tf as the htf is not profitable for me
the cautious seldom err....C
  • #602
  • Jan 24, 2018 5:51am Jan 24, 2018 5:51am
Quoting pips29
Took a beating from the market ..trades are all closed..flat at the moment...I think I will get back to the 5/15 min tf as the htf is not profitable for me
This week and last week were difficult to trade. I can see so many people (including me) made a loss during this period. Better sitting on hands until clear trend sets.... As you know, loss is cost of business.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #603
  • Edited 6:28am Jan 24, 2018 5:52am | Edited 6:28am
Which Is The Best Moving Average? Test Results Reveal The Truth
http://jbmarwood.com/which-is-the-best-moving-average/

"Conclusions
When looking at the range of results, it’s clear that we can come to two conclusions. Firstly, longer term moving average crossovers work better than short-term crossovers. This is likely because they produce fewer whipsaws.
Second, newer and more complex moving averages appear to be no better at finding trends than the more traditional moving averages.
No doubt indicator developers will insist that their parameters be changed, to better reflect how their product is intended to be used. There may be some truth to that. Indicators such as GMMA and least squares are not necessarily intended to be used in this manner.
However, altering the parameters in such a way could be construed as curve-fitting and would lead to unreliable analysis.
Personally, the conclusions confirm what I thought all along. Simple moving averages work just as well as complex ones at finding trends, and the trusted, exponential moving average is best."
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #604
  • Jan 24, 2018 6:44am Jan 24, 2018 6:44am
I have often use the 1-2-3 pattern to trade reversal or retracement but have now decided to give it a go as a trend continuation pattern using the smaller tf of which I have most success..in this trade I waited for 2 to be broken as confirmation
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 49 KB
the cautious seldom err....C
  • #605
  • Jan 24, 2018 6:46am Jan 24, 2018 6:46am
Quoting heispark
{quote} This week and last week were difficult to trade. I can see so many people (including me) made a loss during this period. Better sitting on hands until clear trend sets.... As you know, loss is cost of business.
yes, I agree with you especially those using pivots
the cautious seldom err....C
  • #606
  • Jan 24, 2018 7:04am Jan 24, 2018 7:04am
Quoting pips29
I have often use the 1-2-3 pattern to trade reversal or retracement but have now decided to give it a go as a trend continuation pattern using the smaller tf of which I have most success..in this trade I waited for 2 to be broken as confirmation {image}
God bless your eyes.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #607
  • Jan 24, 2018 7:16am Jan 24, 2018 7:16am
Quoting heispark
{quote} God bless your eyes.....
thanks heispark, amen
the cautious seldom err....C
  • #608
  • Edited 8:27am Jan 24, 2018 7:18am | Edited 8:27am
another similar trade with the 1-2-3 pattern..entered at break of 2 as confirmation..taken partial and moved stop to b/e+ EDit: positions closed
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYM5.png Size: 70 KB
Click to Enlarge Name: CADJPYM5a.png Size: 56 KB
the cautious seldom err....C
  • #609
  • Jan 24, 2018 8:31am Jan 24, 2018 8:31am
another 1-2-3 pattern trade with 1/3 taken off for some pips..locking in at b/e+
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 61 KB
the cautious seldom err....C
  • #610
  • Jan 24, 2018 8:43am Jan 24, 2018 8:43am
had just taken this trade..let's see
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Size: 51 KB
the cautious seldom err....C
  • #611
  • Jan 24, 2018 3:03pm Jan 24, 2018 3:03pm
Quoting pips29
another 1-2-3 pattern trade with 1/3 taken off for some pips..locking in at b/e+ {image}
Impressive!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #612
  • Jan 25, 2018 4:24pm Jan 25, 2018 4:24pm
Sounds reasonable...
http://www.learntotradethemarket.com...ing-commentary
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-01-26_9-23-14.png Size: 135 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #613
  • Edited 5:17pm Jan 25, 2018 4:42pm | Edited 5:17pm
How to run the Metatrader in portable mode and what it is good for?
https://quastic.com/automated-tradin...t-is-good-for/

Finally finished converting all 11 MT4 + 1 MT5 applications.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #614
  • Jan 25, 2018 4:44pm Jan 25, 2018 4:44pm
FXCM is ousted from TradingView...
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #615
  • Jan 25, 2018 4:46pm Jan 25, 2018 4:46pm
Quoting heispark
EUR is crazy..... {image}
Unstoppable EUR..... very critical moment....
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-01-26_09-46-05.png Size: 81 KB
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #616
  • Jan 25, 2018 10:14pm Jan 25, 2018 10:14pm
Quoting heispark
{quote} https://youtu.be/VC5gdN18Flk
Another contrarian trading youtube video...
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #617
  • Jan 26, 2018 1:30am Jan 26, 2018 1:30am

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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #618
  • Jan 26, 2018 2:32am Jan 26, 2018 2:32am
took this trade just mins ago with tight stop..
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 56 KB
the cautious seldom err....C
  • #619
  • Jan 27, 2018 6:28am Jan 27, 2018 6:28am
I am not Russian but I love Russian folk songs.....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #620
  • Jan 27, 2018 7:00am Jan 27, 2018 7:00am
I cannot afford this and neither do i need it, but Bloomberg termal looks interesting....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
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