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  • #2,661
  • Aug 20, 2020 8:48pm Aug 20, 2020 8:48pm
Quoting heispark
{quote} Margin Called !! Good-bye Forex ~~
When I see gold recently, WCU still has some value out there.... If I had lowed leverage with bigger account, I am sure I would have survived that gold trade again. Although I have decided not to use WCU at this time, WCU is still my on going project.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,662
  • Aug 20, 2020 8:54pm Aug 20, 2020 8:54pm
Regarding /NG calendar spread trading, I may experience some loss to /NGV0-/NGU0 buy trading (betting to spread narrowing.) Because Nat Gas price was so depressed, seasonality started a bit earlier. The spread is unusually high and not getting reduced. Still have several days remaining before expiration. Let me see how it develops.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,663
  • Aug 20, 2020 9:08pm Aug 20, 2020 9:08pm
Yes, WCU (World Currency Unit) is a strategy trying to catch falling knives. So what?

https://www.forexfactory.com/thread/...9#post11880909
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,664
  • Aug 20, 2020 9:12pm Aug 20, 2020 9:12pm
Nat Gas: Is another correction on the horizon? -> buying oppotunity!

https://etfdailynews.com/news/is-a-n...n-the-horizon/

The weekly chart looks far more constructive that the daily chart. Price momentum and relative strength were rising on the weekly chart as of August 20. The price broke out of the early May high at $2.162 per MMBtu, and the next level of technical resistance stands at the November 2019 high of $2.905 per MMBtu.
Natural gas traded at its highest level for 2020 over the past week. The odds of another correction are rising with the price of the energy commodity. Over the past weeks, I had written that my target on the upside was around the $2.10 level. Natural gas surpassed that level and rose to $2.465. However, I continue to believe that another move to the downside that tests the $2 level or lower could be on the horizon as we are still in the summer season. The beginning of the withdrawal season is still a little under three months away.
Natural gas is a highly volatile energy commodity. I will use a stop at just above the $2.50 level on any short position at the $2.39 level as risk-reward is at better than 3:1.
The latest injection data was not bearish for the natural gas market, but inventories could weigh on the price over the coming weeks.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,665
  • Aug 20, 2020 10:36pm Aug 20, 2020 10:36pm
WCU Daily Chart.

U.S dollar looks has some more room to go down before rebounding.
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By the way, my ultimate version license of Tradingview expires on coming September, so I won't be able to see this chart after September.... Too bad. TV is too expensive I think.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,666
  • Aug 21, 2020 12:44am Aug 21, 2020 12:44am
Volatility Alarm

This a long forgotten indicator but I am trying it again with RJ style breakout trading. It can give you a sound alert when price breaks out. For details: https://forex-station.com/viewtopic....88#p1295353488
Attached File(s)
File Type: zip Volatility Alarm.zip   16 KB | 411 downloads


This is what I am using at the moment. You may try different settings to optimize it to your demand:
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I also attached cool sonar sound files to use with this indicator. You may like them.
Attached File(s)
File Type: zip sonar.zip   64 KB | 415 downloads

I feel like I am in the war room in a nuclear attack submarine...
Inserted Video
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,667
  • Aug 21, 2020 2:16am Aug 21, 2020 2:16am
Hope RJ got EU falling....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,668
  • Aug 21, 2020 2:25am Aug 21, 2020 2:25am
GJ is also typical RJ style but it's too close to 50/200 EMAs to me. Wake up RJ!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,669
  • Aug 21, 2020 2:54am Aug 21, 2020 2:54am
Personally I don't like his EA trading..........
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,670
  • Aug 21, 2020 3:25am Aug 21, 2020 3:25am
Quoting heispark
Hope RJ got EU falling....
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,671
  • Aug 21, 2020 3:25am Aug 21, 2020 3:25am
Quoting heispark
GJ is also typical RJ style but it's too close to 50/200 EMAs to me. Wake up RJ!
Attached Image (click to enlarge)
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,672
  • Aug 21, 2020 8:42am Aug 21, 2020 8:42am
Quoting heispark
Regarding /NG calendar spread trading, I may experience some loss to /NGV0-/NGU0 buy trading (betting to spread narrowing.) Because Nat Gas price was so depressed, seasonality started a bit earlier. The spread is unusually high and not getting reduced. Still have several days remaining before expiration. Let me see how it develops.....
Spread is shrinking fast now!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,673
  • Aug 21, 2020 3:47pm Aug 21, 2020 3:47pm
Wow Justin you really have been busy today producing this educational material. I wish more people read this thread. Have a nice weekend
  • #2,674
  • Aug 22, 2020 2:57am Aug 22, 2020 2:57am
US Gulf of Mexico producers prepare as two Caribbean storms head north

https://www.spglobal.com/platts/en/m...rms-head-north

This is a positive news to Nat Gas price.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,675
  • Aug 22, 2020 9:35am Aug 22, 2020 9:35am
I don't say user named 'Divergence' is wrong but there are really times when a late entry with confirmation can be high provability trading. Al Brooks also pointed this out in his teaching. Look how RJ trades. According to Divergence's point of view, RJ's entry is nearly crazy. The truth is they are both successful traders (at least I think). Divergence's 1-2-3 method is also solid strategy with great RR. There's more than one way to skin a cat.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,676
  • Aug 22, 2020 3:22pm Aug 22, 2020 3:22pm
Quoting heispark
I don't say user named 'Divergence' is wrong but there are really times when a late entry with confirmation can be high provability trading. Al Brooks also pointed this out in his teaching. Look how RJ trades. According to Divergence's point of view, RJ's entry is nearly crazy. The truth is they are both successful traders (at least I think). Divergence's 1-2-3 method is also solid strategy with great RR. There's more than one way to skin a cat. {image}{image}{image}
Here is the cousin of the user named 'Divergence'
Attached File(s)
File Type: mq4 Divergence_Trader.mq4   17 KB | 458 downloads
  • #2,677
  • Aug 22, 2020 8:59pm Aug 22, 2020 8:59pm
Quoting heispark
{quote} Maybe not...... ? https://youtu.be/h-czTWrAh2U https://youtu.be/kjlAdpD8opE
After some disappointing experience with Ricky Gutierrez, now I may try Al Brooks' $399 course. People give some mixed reviews to his course. Mainly, his teaching is known to be extremely difficult to understand. At the moment, I am watching his free Youtube videos. Anyway, it caught my interest. My problem is my never ending curiosity.... Yes, curiosity killed the cat!
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,678
  • Aug 23, 2020 1:30pm Aug 23, 2020 1:30pm
Quoting heispark
{quote} {image}

catching a 'falling knife' requires some skills ....
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,679
  • Aug 23, 2020 4:59pm Aug 23, 2020 4:59pm
Quoting emmanuel7788
{quote} catching a 'falling knife' requires some skills .... {image}

By the way, somebody is really diligent and enthusiastic about clicking 'Dislike' button on every posts you make. (Running a script?) You have made too many enemies in this crazy FF world.....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #2,680
  • Aug 23, 2020 6:18pm Aug 23, 2020 6:18pm
Quoting heispark
{quote} By the way, somebody is really diligent and enthusiastic about clicking 'Dislike' button on every posts you make. (Running a script?) You have made too many enemies in this crazy FF world.....
not a running script, but something much simpler.

well, it is a macaque trained to repeat a simple task every time and get rewarded with a banana.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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