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Jeremy Falcon wrote: I still manually enter positions. Always will, but I do at least make it as easy as possible with my indy and app I'm working on. Just still want to click that "Go" button myself.
Yes, a lot of people want the final say before entering a trade. I am trying to eliminate human emotion from trading, but it is hard to have enough confidence in a system to just let it go do what it does without human intervention.
Jeremy Falcon wrote: as a default stop I use half a 7 period ATR, but I generally make sure my stop is places over and under the recent swings in the market so I don't get stopped out too much
At one point I was using half the 7 period ATR also but I didn't look for recent highs or lows in combination with it. I will have to look into that again once I get the system up on a hosting server.
How many periods should I track to be reasonably assured I am seeing the current support or resistance level?
Do you use Bollinger bands and/or Fibonacci retracement levels to determine support or resistance? I am currently trying out Bollinger bands. I like the way they are dynamic and not just a fixed number. Having said that because so many people use Fibs they seem to become self fulfilling support or resistance levels.
Jeremy Falcon wrote: You totally gotta give live trading a go.
Yes, I have been told that before. Most people say it is different emotionally than demo trading.
Since I am trying to totally eliminate human emotion I don't know if it will be different for me.
I do plan to go live once I get a system working well.
Jeremy Falcon wrote: If you want my MT4 indy to help with that I'll email it to you.
Yes I would like to see what you have done. I am always open to new ideas about tracking the markets. I am curious to see if you EMAs or SMAs. That is if you use MAs at all.
I usually use EMAs because they are weighted towards the more current action, but some folks like SMAs. Any insight you have about this would be appreciated.
Jeremy Falcon wrote: Nothing prepares you for winning and losing real money outside of jumping in the deep end and winning and losing real money.
I know what you are saying, but I don't feel confident with my current knowledge. There is still a lot of economics I need to learn before I can feel confident with real money.
Once you lose your pride the rest is easy.
I would agree with you but then we both would be wrong.
In the end, only three things matter: how much you loved, how gently you lived, and how gracefully you let go of things not meant for you. – Buddha
Simply Elegant Designs Jim<</xml>
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Nah. Aussie beer's for wusses.
I wanna be a eunuchs developer! Pass me a bread knife!
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Not enough margin for me.
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Having had to move my modest accumulated wealth from the UK to Canada as various investments mature, I can tell you that predicting exchange rates is like trying to predict a schizophrenic that's off their meds.
Life is like a s**t sandwich; the more bread you have, the less s**t you eat.
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You are correct sir. The goal is not to predict anything, but follow the market movements and take your profits and losses from that. The large interbanks controlling it all have their own agenda, our job is to simply follow it and collect.
Jeremy Falcon
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I did a few years working in FX before moving to options and futures markets. 100% Would not invest my own money in the FX market as I feel it lacks transparency and I have seen the way the big banks (ab)use it.
You can probably make a modest amount quite consistently and with little risk by arbing two futures on an index. You just need to be very fast.
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_Josh_ wrote: I feel it lacks transparency and I have seen the way the big banks (ab)use it.
Could you elaborate on this? I'm curious to know.
Jeremy Falcon
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Content blocked by your organization.
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Slacker007 wrote: Content blocked by your organization
Now, that's seriously silly.
Few things tick me off more than censorship.
Try this link instead.
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Ah, better. I laughed at...nothing.
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Jörgen Andersson wrote: Few things tick me off more than censorship. +5.0000000001
Jeremy Falcon
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You *ssh**** ! I suffer from blancofobia, I would´ve thought CP members to be more curtious towards one another!
I´ll get my coat.
and run...
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Was the plain white one yours V?
Life is like a s**t sandwich; the more bread you have, the less s**t you eat.
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Now you've left me here wondering why they've tried and failed to blank out SSH.
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Um, you're welcome, I guess!
The sh*t I complain about
It's like there ain't a cloud in the sky and it's raining out - Eminem
~! Firewall !~
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I'm sure all that black text is offensive to the whitespace supremicists.
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• Definition of an Irish husband: He hasn't kissed his wife for twenty years, but he will kill any man who does.
• Murphy told Quinn that his wife was driving him to drink. Quinn thinks he's very lucky because his own wife makes him walk.
• An American asked, "Paddy, why is it that whenever you ask an Irishman a question, he answers with another question?"
"Who told you that?" asked Paddy.
• Question - Why are Irish jokes so simple?
Answer - So the English can understand them.
• Reilly went to trial for armed robbery. The jury foreman came out and announced, "Not guilty."
"That's grand!" shouted Reilly. "Does that mean I can keep the money?"
• Irish lass customer: "Could I be trying on that dress in the window?"
Shopkeeper: "I'd prefer that you use the dressing room."
• Q. What do you call an Irishman who knows how to control a wife?
A. A bachelor.
• Finnegin: My wife has a terrible habit of staying up 'til two o'clock in the morning. I can't break her of it.
Keenan: What on earth is she doin' at that time?
Finnegin: Waitin' for me to come home .
• Slaney phoned the maternity ward at the hospital. "Quick!" he said. "Send an ambulance, my wife is goin' to have a baby!"
"Tell me, is this her first baby?" the intern asked.
"No, this is her husband, Kevin, speakin'."
• My mother wanted me to be a priest. Can you imagine giving up your sex life and then once a week people come in to tell you the details and highlights of theirs?
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Funny then, how most anglo Americans have some Irish in them.
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The list above is funny yes , but not the reason why "most anglo Americans have some Irish in them"
Bruno
modified 19-Jan-21 21:04pm.
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There's a joke about the Catholic church in Ireland in there somewhere.
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Whilst troubleshooting error logs at my hosted website, I came across a ton of 404s from a specific referrer...some type of php messageboard. Curious, I entered the offending domain name in a browser, and was greeted by my very own home page! Pinging the domain name also returned my 'dedicated' IP address for my site. I confirmed this on multiple computers to rule out a hosts issue. Sure enough, it seems I now have a new domain name I can use!..at no expense it seems! Sarcasm aside, I did the right thing and reported it to my web host since I believe the owner of the other domain name is also hosted with them. 15 hours later, they confirmed that they have found DNS records for the other domain name 'left on the server' and that they could remove it if I wanted, pending some proof that I was the owner of my account.
Having had a night to sleep on it, the turnaround time on the support ticket plus needing to provide proof of ownership kind of put me off. Screw them! I'm just reporting a problem only as a courtesy to them and the other domain owner, who must be asleep at the wheel. The only way it affects me is screwing up my stats and junking up the error logs. I can live with that. I suppose I could create the missing pages to stop the 404s at least. It could be an experiment of sorts! <evil laugh=""> What would you do with such an opportunity?
"Go forth into the source" - Neal Morse
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kmoorevs wrote: I could create the missing pages to stop the 404s
Seems like a good place to post pictures of cats.
Other than that, I'd wash my hands of it.
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