TygerKrane's Pip-Pickpocketing

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aliassmith
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Postby aliassmith » Mon Jul 05, 2010 12:57 pm

dragon33 wrote:
aliassmith wrote:
newark18 wrote:wow, 50% retracements everywhere once you try to find them


Yes they are and it is an edge I use in my trading. I believe Dragon33
mentions 50% also, sorry I don't follow him so much. Not sure
exactly how he incorporates it.


The 50% areas are everywhere on the charts. Starting with the body of an H1 candle. The retraces are also 50% and so on. When you start looking for them, yes they are everywhere on the chart and yes they are very important


When I was researching fibs for awhile I did SEE the relationship of price
retracing 50%. (not timeframe dependent)

It seems as though you fade the 50% as I do and look for continuation of
trend.
Trade Your Way as Long as It Makes Money!

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TygerKrane
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Re: Rat Reversal automations

Postby TygerKrane » Tue Jul 06, 2010 12:06 am

newschool wrote:
TygerKrane wrote:
Additionally, I don't think I've heard of anyone putting a successful automation on TRO's Rat Reversal off of Daily Extreme's, so just b/c it can't be done automatically, doesn't mean that with a little human discretion it couldn't be successful manually... {referring to your automated strategies, and me wanting to combine Bollinger Bands with Rat Reversals}.


Well I already have the RAT automated, so just tell me what you want to add to it.

Thanks newschool, I will definitely keep this in mind if I think up something I feel confident enough in.

Can you apply the automations to custom time frames (like say, M12 chart candles)??

Thanks
~Krane

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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TygerKrane
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Postby TygerKrane » Tue Jul 06, 2010 12:13 am

SkavenDC wrote:Tyger. Keep the faith. Fight the demons and continue forth. I too battled some old demons of mine over the past couple weeks. The past week was the first time I was able to see green on the excel I use to track my trading progress. Been seeing a lot of red lately. I feel more comfortable in the trades I have taken. Trade demo if you have to. For me, I always knew I was trading with fake money and could never get past it. I trade live and just lower my lot size (can't lower it much more then it already is). :smt046

Edward
Skaven,
Instead of doing your own Excel sheet, maybe to consider http://www.fxstat.com or http://www.myfxbook.com ??

In addition to keeping track of your P/L, they do a ton of different, fancy data analysis's .

http://kreslik.com/forums/viewtopic.php?p=39763#39763

~Krane

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby Humble » Tue Jul 06, 2010 12:37 am

How did you get a link to an individual post?
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby TygerKrane » Tue Jul 06, 2010 12:45 am

MightyOne wrote:If you understood how simple this is then you would just do it.

The trick is to scale in and rest your average orders beyond S&R :shock:
Thanks MO, if simplicity is possible, then I believe that once I keep this in mind, I will be able to find it as well.
After taking some time off, I feel much better to relax, take it easy, enter with smaller lot size, and learn to let the charts talk to me without overcomplicating.

:evil: And of course PATIENCE IS KEY! :evil:

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Re: Links to Posts

Postby TygerKrane » Tue Jul 06, 2010 12:52 am

Humble wrote:How did you get a link to an individual post?

...when I do my cut & paste notes, I include a link to the exact post, so that if necessary i can go back and check out the note in the context of the thread. This "" icon {next to 'Posted: <Date>'} gives you the link to the exact post.

~Krane

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby Humble » Tue Jul 06, 2010 1:03 am

Thanks Krane.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby TygerKrane » Tue Jul 06, 2010 1:40 am

newark18 wrote:Tyger,

You certainly have been putting in a lot of effort with this thread. With all this work, you are surely on your way.

Yep, I'm figuring it out bit by bit. And I'm also remembering to keep a simple outlook with the charts.

But I've been noticing your moves too, Mr. "I figured that i can't get help unless I start posting." :D

When I get back to Blind Mouse, I'll be checking your recent posts for more insights.

~Krane

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Postby SkavenDC » Tue Jul 06, 2010 11:44 am

TygerKrane wrote:Skaven,
Instead of doing your own Excel sheet, maybe to consider http://www.fxstat.com or http://www.myfxbook.com ??

In addition to keeping track of your P/L, they do a ton of different, fancy data analysis's .

http://kreslik.com/forums/viewtopic.php?p=39763#39763

~Krane


Thanks for the input. I will definitely check those out (especially fxstat), but for now, I will still use my excel. It's an ever growing excel I put together myself that tracks my progress (just manually inputted lots gained/lost and money gained/lost) and uses that information with some other predefined variables to determine number of pips needed per day/week, lot size to trade, etc. Just lets me know how far I've come and how far I need to go based on my money management rules. Even lets me know if I exceeded my goal. It also tells me if I need to stop for the day. The other day I threw in some extra cells into my "if" statements that will still allow me to trade if my wins exceed my losses by a certain ratio.

Edward

PS - Seems you have your focus back. That's good to hear. There's already too much to read on this board, but I would have hated for your thread to go away. Good luck.

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Postby TygerKrane » Tue Jul 06, 2010 12:44 pm

MightyOne wrote:
TygerKrane wrote:[highlight=darkred]Looking for lessons on how to best handle the consolidation part...[/highlight]
Waiting for outcome to compare with what happened yesterday...
Trying to cut down on my drawdowns. (and my overall horrible trading, lol.)

{even though my helpful note from Pablo101 said: "You guys really need to wait for MOMO"}


Image


Are you starting with and trading based on a high TF chart?

If so then you will start off with a 1/5 or 1/4 position and increase your position size as larger periods of time close over stronger and stronger imaginary lines.


MightyOne,
I must admit this is about as far as I usually look as far as higher timeframe goes. (When trading, I am visually focused on the M15/M45CC chart):

Image


I feel, if I go look out on the H4 this is what I'll get, and don't think that little bit more will help:

Image


And this is my chart in relation to a daily that I might pull back to: (I guess I check it out occasionally, but I can't explain it, it feels weird trying to make decisions off of it if my focus is the M15/M45CC and if I am already getting as much info as I am getting in the blue rectangle.

Image


And I'm not saying I disagree with anything you're saying, maybe, I just like the frequency of signals I get on the M90, and when I look at daily, it seems like I'm waiting longer for a signal, so it feels like I'm not viewing it correctly or doing it right at that timeframe...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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