Any successful chart traders here?

[subterfuge]

And todays CL trades.

I've appear to have been lucky with my trades since joining this forum which might lead to me not getting the input/help that I require!

 

[havaiana]

holy crap Joules has had gold on a string

 

[havaiana]

...View attachment 55500...

Joules, where you have the 2 lines for your stops, are you moving the stop upwards from the bottom red line to the top one after the move starts? or are you doing a partial exit the top level, full exit at the bottom level?

 

[Joules MM1]

Joules, where you have the 2 lines for your stops, are you moving the stop upwards from the bottom red line to the top one after the move starts? or are you doing a partial exit the top level, full exit at the bottom level?

lulz.....old stuff mate .....new day....sell the thing......

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holy crap Joules has had gold on a string

to quote the venerable in-house master

put your foot on it's throat

something like that

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my fave study for some real rubles

from my other fave site

asiaonthebid.com/showthread.php/236-XJO-other-studies?p=1010#post1010

 

[Joules MM1]

And todays CL trades.

I've appear to have been lucky with my trades since joining this forum which might lead to me not getting the input/help that I require!

i have a whacky study on CL and am long the cfd



large swing pos on this.....not chasing ......trailing

if you pull out a daily you'll see that inv h&S .....very low probability play-out......but poss blow-off

 

[Joules MM1]

ready for the rip

up ya go!

 

[subterfuge]

first day trading gold

 

[Joules MM1]

first day trading gold

truckin along there, sub

made a complete mess of mine when the news came out...was confident the release would get covered...2am...dumb time of the day





set a stop way too low, replaced sell .....most releases will reverse covering more than 66% of the level
most cases fully cover the release then reverse again....hang in there time

 

[Trembling Hand]

First ever time trading gold.
Shorted the break of the previous low. Nearly stopped me out, but ended up a winner

Don't know what you are trying to achieve with your trading but cannot imagine entries like that having the best chance of profiting from a trading idea.

 

[tech/a]

Don't know what you are trying to achieve with your trading but cannot imagine entries like that having the best chance of profiting from a trading idea.

It looks like entries-exits generated from an in house Algo.
I doubt he has any other input than a mouse and finger.

 

[CanOz]

Some of the entries look better reversed...

TH i recall you saying one time some of the best trades are the ones that hurt the most to take...don't see too many like that there.

Tech has a point though, without anything on the chart, it just looks like generated entries. Which maybe fine if its profitable. But then, its not really chart trading is it?

Subterfuge, have you ever considered watching the Time and Sales and a DOM at the same time as the price reaches an area where you may want to enter?

 

[Joules MM1]

some of the best trades are the ones that hurt the most to take...

and

that, Detective Spooner, is the right question

there-in lies a huge knowledge base....aint no data feed going to help with that, no red-light green-light system

a lot of this to a lot of this

 

[CanOz]

This is the curve when buying strong stocks at 50% retrace, selling at 38%, with a 4 day time stop. Fixed 10K position size. Not compounded. Includes .11% brokerage, no slippage. Equity curve is fine, profit is very low at 10%pa mainly due to low exposure. This is my own efforts. Hoping for some professional input soon.

GB, i appreciate the link between charts and fibb..but why not discuss this is the trading systems threads?

 

[Gringotts Bank]

GB, i appreciate the link between charts and fibb..but why not discuss this is the trading systems threads?

Just following up on my earlier comments that TA is not useless. I got a bit of rubbishing from a few members so I thought I'd show some evidence. Feel free to move it wherever you wish.

 

[tech/a]

Just following up on my earlier comments that TA is not useless. I got a bit of rubbishing from a few members so I thought I'd show some evidence. Feel free to move it wherever you wish.

If the only input is as you have stated

Something is wrong.
It would simply get smashed.
Give me the numbers (as in print out ) and code.

You'll be using a code which has to have zig zag in it.
You cant use that for a trade systems test.
Zig Zag is dynamic.
Your past charts are set in stone the 50% retracement is set and the 38% move to it also
set.
When you try this real-time the 50% retracement wont hold like it is on the past charts

This is one of the biggest traps Noobs fall into when systems testing.
Sorry mate its just wrong.
Unfortunately un informed stuff like this gives tech analysis a bad wrap.

As T/H points out youll be smashed in out of sample forward testing.

 

[Trembling Hand]

Just following up on my earlier comments that TA is not useless. I got a bit of rubbishing from a few members so I thought I'd show some evidence. Feel free to move it wherever you wish.

Test it now on out of sample data.

 

[CanOz]

If the only input is as you have stated

Something is wrong.
It would simply get smashed.
Give me the numbers (as in print out ) and code.

Why would he give you the code??

A nice Amibroker report would be nice.

Would be good to have someone like Nick check it for post-dictive errors...

 

[tech/a]

Why would he give you the code??

A nice Amibroker report would be nice.

Would be good to have someone like Nick check it for post-dictive errors...

See above I know what he's done its the only way he could code it.
The code will show it in a jiff.

 

[subterfuge]

yesterday:

 

[CanOz]

yesterday:

Live or sim?