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Nice. I've never had to carry forward before since all my losses are offset by the gains of the year.
I thought you could only carry that forward for 3 years? So 9k total in losses with GRNO with the given scenario.
You didn't need the links... you had me at rum!!
If they really wanted to get rid of their shares, a market order would do that in quick order.
Hey Pennies, just a quick observation of a current play on e/u 15m...
As you can tell, it's been falling pretty hard but there was a small bounce and 1 blue candle. Price went above the 2 bar high just for a few pips, maybe 2-3.
Is there anything in particular about this play that screams do not take me, other than the extremely obvious heavy down trend?
Stochastic were pointed up, price moving towards the MA(20) etc. Or did I just happen to find one of the few times it fails?
Just wanting to make sure I am squaring away this strategy correctly.
EA setup should be quite easy I think. Some type of trailing stop will probably be the best for exit though, coupled with profit targets.
My EA's have a lot of input params in terms of dealing with how to manage the trades stops and profit targets. I won't be able to work on it today but hopefully tomorrow I can come up with a little something.
Basically for entrance, for lets say, a long position,
I will be looking for the last two consecutive bear bars, determine the high of the two, then a buy order goes in on the break of that high. Probably should only include that search within the last 10 bars or so though Exits will be the hard part.... let us see
Sorry mate. You'll have to excuse mankind, the majority of them are ass hats.
Did you have insurance on it?
Just commenting on this old post. Do you still play this candle Penny? I'm obsessed with making EA's right now and these rules seem fairly easy to throw into one.
A few comments... why did you take the trade in the first pink box?
The way I was interpreting these rules was that we had a two blue candles in a row, then a break of the low of those two candles with a red candle. Not a problem coding wise, but I want to get them down to an exact mathematical setup for obvious reasons.
Looking at this picture, the rules can be slightly altered to... get the low of the last two bull candles and sell when breaking that low. (All other indicators inline, of course; strictly speaking of candles)
I may have a slight issue calculating the stochastic 'angle', but we'll see. If you still use this, or have any adjustments or thoughts about putting it into an EA, let me know! This should get quite interesting...!
Awesome Glad someone is making money in forex... gives me more confidence.
I think I am the one filling your bank account right now LOL...
More of the old Den members coming over eh?!?
Just stepped into this room myself.
Hey gitonwithit...
Am I seeing things correctly with this? I am only seeing 1 order trade that was found in the last month.
Is this a very low hit rate EA? I could never find search results that offered more than 1 result at a time, however, each time it was hitting the 25 pip target.
Did I mess something up or is this an expectation?
Very nice. I'll have to check this out. I have an ADX/Stoch/BB strategy that I really would love to back test and this platform seems to provide the perfect mechanism for doing it.
I can already see the code shouldn't be to hard to pick up on for the EA's... just knowing what the actual functions are will be the hard part;
Why do I feel the rise of a new obsession coming around the corner.... haha
I've never used the MT4 platform before. Any recommended brokers that you can use this with?
Excellent, then we may be from the same lot then!! haha...
Awesome. And yes...not to bad of an eye for the charts but, hindsight and all things always looks so much better
I see the patterns in retro spect, but it's a different story noticing them as they unfold.
So just to make sure I am in some what of a line of what I am seeing here...
e/u 1h, Price has crossed/closed above the 62, and now could potentially provide support for it.
Should I still be looking at shorts only? Price also did not quite make it to the 121 level.
So I guess, what am I looking for in terms of determining if one of the EMA's are actually supports or if price is ready to barrel on through?
Very cool stuff here.
Things I am noticing...
- Twists don't happen very much. (Play the direction of the trend!!)
- Price rarely breaks the last EMA unless it's an actual trend reversal.
- Every time the lines are on top of each other, their is a huge breakout.
For the last item... when do you know it's time to jump on board the train? Is the action in price pretty obvious what it's doing, and then the clear break of the EMA(62) above the standard tunnel settings?
Amazing stuff here, things can only get better
I think I am blind without my stochastics and ADX hah... but I am already seeing some really neat things with the (long) Tunnel + EMA(62).
Hows it going folks... I've been out of the equities market for a week or so. Been busy getting my butt kicked in forex!! It's a lot of fun and insanely volatile.
Looks like I missed out on several good plays.
Going to be adding your Quad tunnel setup tonight and checking it out.
I have a feeling it will add to my stoch/adx/bb strategy very nicely. My biggest issue is entering trades when price just slams into support or resistance, or, the stoch lying to me.
I see you have a duel tunnel setup as well, long term and short term trades.
Do these need to be EMA's? Any reason those were used in place of MA's?
I was thinking of setting up the long terms as MA's and short as EMA's.
Edit: Not sure how this ended up replying to you pennies, could have swore I was on a reply to SG... hah.
I believe their findings on the NSS issue will prove to many what a lot of us already knew. Their is a huge NSS against EIGH and all will be revealed soon.
Ahhhhhh. Nope. I was watching it and didn't like the Price action on it, and havne't even had an eye on it all week this week.
Sorry, but those 'facts' posted come from a biased source with behind the scenes intentions.
I'll trust the SEC and the findings of their investigation to make a decision.
However, the real facts that have not been manipulated for ones own personal reason support a very large NSS position.
We will see.
And it's still giving more out... wow.
No worries mate, profit is profit! It's been a while since I pulled in a +10%'er... things have been slow for me as of late.
I'm happy here with this...
1.55, +14.8%
Exactly what I was thinking. If you are under the radar of the SEC, Mum is the word. The information that they put out would 100% be factual to the best of their knowledge and research.
EIGH is trying to make right what has been made perceived into a wrong. Really is a shame that it had to come to this. C'est la vie. This will be over soon enough.
dfasfasdfasdfasdfadsfasfasf.
Anyone still in LUB?
+3.6% today.
Howdy! About ready for the ding ding ding!
I may start buying this one again if it can get it's price above .030. Till then, just to much risk to the downside, Watch the .010 level because if we manage to break that again... big ol sigh for me...
C'est la vie... all part of the game...
APP was fighting against the market yesterday, and did relatively well considering...
Should be a good one in the coming week.
Excellent. Good to see the SEC can now focus on what truly matters, rather then the false claims made against EIGH.
Yikes on the market this morning...
Last day of work, Blue Jackets game tonight... this should be a good weekend!
I'm closing out my LUB position here; need the equity back. +1%.
For those still in it, your welcome, i'm sure my exit will make it take off... haha
All good in the hood....
I agree. Do you ever play the 1 minute? It would be nice to draw fibs on the 5m and trade to them on the 1m.
Kind of what I do in Forex... 4h is where I draw my targets then use the 15m for entry based on indicators.
Hmm. Were not getting quite the doomsday reaction that was so predicted.
What time frame do you play them on? Seems like 1m would be a little too much. hah
Yup. Fibanocci levels are amazing in forex. Can't believe I didn't start using them earlier.
3640 hit, +168 pips. Only took two days. hah.