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"Just Oil"
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:02
Ed Seykota stated that he devised his system in the beginning of 70' with old punch card computer and has not change anyhting on this system.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:02
it works with all timeframes > 1 min.
stevewalker posted:
coded too much yesterday and today. get tired.
but I think I have found very strange system regarding to the momentum.
1990-2012 15 min bar open
yes correct it is 22 YEARS of BT with no optimization.
I am also surprised.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:04
I belive.
improvments are always against customers.
5 digit
variable spread
and so on
improvments are always against customers.
5 digit
variable spread
and so on
Chikot posted:
Ed Seykota stated that he devised his system in the beginning of 70' with old punch card computer and has not change anyhting on this system.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:04
1990-2012 5 min bar open
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:06
they all same setup.
1990-2012 1 Hr bar open
1990-2012 1 Hr bar open
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:07
(edited Jul 23, 2012 at 00:08)
what do you mean by 5 min - 1H bar open. enter on 5 min- 1H bar open along the candle color?
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:08
they all same setup.
1990-2012 4 Hr bar open
1990-2012 4 Hr bar open
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:09
bar open is a testing system.
it test only bar open prices. it has nothing to the what happened in the bar.
very rough system. which is very poss to to the sam ein the future.
it test only bar open prices. it has nothing to the what happened in the bar.
very rough system. which is very poss to to the sam ein the future.
Chikot posted:
what do you mean by 5 min bar open. enter on 5 min bar open along the candle color?
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:10
same setup
same tp
same sl
all same for all timeframes.
wierd😲
same tp
same sl
all same for all timeframes.
wierd😲
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:11
you mean you enter trade at bar open? but what direction?
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:11
simple things often have more sense than complex.
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:11
My gut says aud/jpy is done going long.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:12
(edited Jul 23, 2012 at 00:12)
that is the momentum calculation I make.
BTW sorry for all those posts. I did not notice that thats your thread. really sorry. 😳😕
BTW sorry for all those posts. I did not notice that thats your thread. really sorry. 😳😕
Chikot posted:
you mean you enter trade at bar open? but what direction?
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:13
really tired. I should go to bed. ( hope I can sleep )
stevewalker posted:
that is the momentum calculation I make.
BTW sorry for all those posts. I did not notice that thats your thread. really sorry. 😳😕
Chikot posted:
you mean you enter trade at bar open? but what direction?
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:17
LOL , no worries. You gotta have more sleep.
BTW, I decided I will connect my live day trading account. I am going to be watched anyway in all cases and I want prospective employers see that I can handle heat and anything. I am cool.
I alos follow new MM rules.
1. I always open only half total risk and scale in., If first half is a loser I only lose half. If things go well and price is close I will add another half.
2. If full size is a loser next trade same day if I have one I cut size in half. say risked 1% on the first trade but loset, next trade same day is total 0.5% risk.
3. If no another trade same day next day I start again with 1% total risk on full position.
so far I used it only once as I have only 1 real loser this month. The rest is BE or 1-3 pips down which are also BE cause I moved stop there not exactly BE.
BTW, I decided I will connect my live day trading account. I am going to be watched anyway in all cases and I want prospective employers see that I can handle heat and anything. I am cool.
I alos follow new MM rules.
1. I always open only half total risk and scale in., If first half is a loser I only lose half. If things go well and price is close I will add another half.
2. If full size is a loser next trade same day if I have one I cut size in half. say risked 1% on the first trade but loset, next trade same day is total 0.5% risk.
3. If no another trade same day next day I start again with 1% total risk on full position.
so far I used it only once as I have only 1 real loser this month. The rest is BE or 1-3 pips down which are also BE cause I moved stop there not exactly BE.
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 00:36
will start day trading live on August 1.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 23, 2012 at 00:38
good luck!
Chikot posted:
will start day trading live on August 1.
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 01:07
(edited Jul 23, 2012 at 01:08)
Thanks Steve. Just closed my long gbp/usd and aud/jpy. double and triple tops. chances of reversing are not high as I sense it.
I always can get in.
I always can get in.
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 01:14
nzd/cad is another candidate for short. will check on it after midnight. got stopped on it but again, can reenter.
Member Since Jan 14, 2010
2279 posts
Jul 23, 2012 at 01:17
Now off to bed.
