History is being made today. I am actually going to open up two Work Threads on the same forum at exactly the same time. I don't think I've ever done that before in all these years. I have started multiple threads before, but not to do work. In my first thread, I am hopefully working to help some traders understand why it is important to create try and create unconventional indicators and how one might go about the process of thinking about integrating more than one. In this thread, I will simply make some long range trade calls predicated on an idea that I stumbled upon tonight.
The human mind works in mysterious ways. There I was working to solve one problem and ended up discovering what might be a different problem with a rather interesting solution. To make a long story short, I was doing some exploratory stuff on a 15 minute GBPUSD chart and it hit me. A funking Stoch Cocktail that I've had sitting on my desk for two solid months but never did anything about.
I'm not going to get into the stoch numbers right this minute, but I do want to start some trade tracking using what I guess I will call the: StochCocktail. And, why not!
Left side was last trade session and right side is the current trade session (7/29/2014) at 0615 UTC (corrected):
http://i61.tinypic.com/igb51y.jpg
Pair: GBPUSD
Entry Time = 0615 UTC
Trade = Long
Stop = None
Limit = Who knows. Just let it run.
Close Time = ?
Net/Net = ?
I am looking for that Cocktail white line to start climbing above the 50 level and hopefully cross the 70 level. I will not be looking at the GBPUSD chart on purpose.
The human mind works in mysterious ways. There I was working to solve one problem and ended up discovering what might be a different problem with a rather interesting solution. To make a long story short, I was doing some exploratory stuff on a 15 minute GBPUSD chart and it hit me. A funking Stoch Cocktail that I've had sitting on my desk for two solid months but never did anything about.
I'm not going to get into the stoch numbers right this minute, but I do want to start some trade tracking using what I guess I will call the: StochCocktail. And, why not!
Left side was last trade session and right side is the current trade session (7/29/2014) at 0615 UTC (corrected):
http://i61.tinypic.com/igb51y.jpg
Pair: GBPUSD
Entry Time = 0615 UTC
Trade = Long
Stop = None
Limit = Who knows. Just let it run.
Close Time = ?
Net/Net = ?
I am looking for that Cocktail white line to start climbing above the 50 level and hopefully cross the 70 level. I will not be looking at the GBPUSD chart on purpose.
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