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dchappy
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Postby dchappy » Sat Jul 25, 2009 11:16 pm

What time do you start trading? What time do you stop trading? When do you sleep? How does your wife feel about this trading project? How close are you to saying good bye to your J.ust O.ver B.roke thing?

Patch
In VA

PS ALWAYS TRUST THE SEMIFOR !!! (WITH THE CCI) !!!



Hi Patch , I try to trade London for 2 hrs before work & Asian after work , so sleep is a luxury . My wife is patient with me as long as I don't lose ..hehe . My broker is Gain Capital ( they provide Ninja free ) .
My latest goal is to be jobless by 01/30/2010 . Trade well....Chappy

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cr0cop
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Postby cr0cop » Sun Jul 26, 2009 11:19 pm

does the regression channel in this system repaint? and sometimes i see that the channel range is very small like 1 or 3 pips, does that mean that you have to go in with several lots to make $100 dollars with such small moves in between the channel?

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cr0cop
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Postby cr0cop » Sun Jul 26, 2009 11:55 pm

hey chap do you trade from the 'chart trader' on the ninja platform? and around how many pips do you take using this strategy? and what is the widest of a spread that you will get into for this strategy? and around how far do you put your stop away from your entry? do you use a particular risk/reward ratio??

THANKS!!!

dchappy
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Postby dchappy » Mon Jul 27, 2009 2:05 am

Hi crocop , Yes ,The channel moves with the price movement .

If the range is that narrow , go to a bigger timeframe ( greater than 20 pips should be good ) .

I've gotten used to setting a stop +3 above or below the last swing , it usually holds 90% of the time .

I try to stay in the trade until the HA bar changes color .

Yeah , I use chart trader ( the DOM confuses me )

Trade well.......
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monolisa
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Postby monolisa » Mon Jul 27, 2009 3:40 am

Hi dchappy,

Wonder if you like to have a look at GBPUSD or even EURJPY/GBPJPY - better return in the long run (range-wise).

BTW, the setting for your regression channel is 60 period and 2 std dev?

Thanks.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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cr0cop
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Postby cr0cop » Mon Jul 27, 2009 4:27 am

THANKS dchappy, i am trying the strategy right now and it looks BEAUTIFUL!!! so would you stick to some rule that the channel range should be around 20 pips? and do you use limit orders to get in or do you get in using market orders? and when you said to increase the time because the channel is too narrow, are you saying that i should increase the range of the chart? because i am using a range chart just like you or how would i increase the time to make the channel wider?

thank you!

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cr0cop
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Postby cr0cop » Mon Jul 27, 2009 4:33 am

monolisa, i think the 2 in the channel is for the width

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cr0cop
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Postby cr0cop » Mon Jul 27, 2009 5:08 am


hey chappy.... i noticed that a the CCI box was appearing before a candle, and that the second CCI box was matching with the current candle, i thought this was weird, because when i look at your charts, the CCI box matches exactly with the current candle....any feedback? thanks
Last edited by cr0cop on Mon Jul 27, 2009 5:21 am, edited 1 time in total.

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monolisa
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Postby monolisa » Mon Jul 27, 2009 5:11 am

cr0cop,

I think I am asking what's the unit of width. Anyway I found it here:
http://www.ninjatrader-support.com/Help ... ionChannel. It's indeed std dev.

Lis
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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monolisa
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Postby monolisa » Mon Jul 27, 2009 5:22 am

Hi dchappy,

I think you are using range bar which doesn't involve any timeframe.

Increasing the range of each bar (from 10 to 20, for example) increases the regressional channel width as the std dev widen.

Lis

dchappy wrote:Hi crocop , Yes ,The channel moves with the price movement .

If the range is that narrow , go to a bigger timeframe ( greater than 20 pips should be good ) .

I've gotten used to setting a stop +3 above or below the last swing , it usually holds 90% of the time .

I try to stay in the trade until the HA bar changes color .

Yeah , I use chart trader ( the DOM confuses me )

Trade well.......
"Know your enemy and know yourself, find naught in fear for 100 battles. Know yourself but not your enemy, find level of loss and victory. Know neither your enemy or yourself, wallow in defeat every time." - Sun Tzu

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