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Line In Sand replied Oct 31, 2011Ok, I've effectively switched timezones here, and will be trading from 0000 to about 0800 GMT-1. I'm hoping to see some trade progress before then, so I can get some sleep before shifting back to 1200 hrs GMT-1. I'll be trading both timezones this ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Well, what's a Stop other than the Entry of someone else in the market in real terms. Somebody has to be willing to take the other side of my Stop, as their entry or re-entry into the market. So, in net/net effect, Direction is a significant ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011I've also been thinking about another Swap Method. I'll call it the: Dynamic Swap Mode. The fundamental requirement of keeping swap costs as low as possible, is no different in this form of trading than it would be in any business model. An airline, ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011As I work with this technique, I'm becoming more able to wrap a target parameter around each trading cycle, so I know what my minimum daily net totals should be. I've had lots of back-testing before I put this on Forexfactory, and thus far, the ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011After re-reading, I think you might mean 1-2 Stdev from the Trigger for the Perimeter Mode, not the Standard or the Roll Mode Swaps. If that's the case, then that's interesting. I was looking at internal Fibonacci levels of 61.8% for a horizontally ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Which would have ended up in disaster, if I had got caught caught Long at one of those recoiling locations that did not recoil. That's why I use 127%. 127% is the first real expansionary fib number that happens to be pretty reliable. It shows the ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Directional entry into the Long Daily Low to Close, was crushed out the outset. Another real-time counter-verification for today's original V-Trigger, which ran for at least another 100+ pips in addition to the 41 picked up earlier. Its like seeing ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011To test one of the internal price dimensions that I wrote about last week on the Daily range (Low to Close dimension), I'm going to enter Long here at 3953, predicated on the fact that the Daily range is now 157% of normal to the downside. The Daily ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Closing position here for a net +41 pip gain on the day (including swap loss of -25 pips, plus some intra-swap recovery of +9 pips). The intra-swap recovery came by using the Perimeter Swap Mode (see above). Note: I'm going go be testing nearly ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011This pic shows the different Swap Modes. It also shows what I mean by a 127% expansion of a previous swing (note that I'm using the M15 chart). Note how the 127% expansion was pushed through, violating the Perimeter Swap Mode. Either price will ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011My hourly volatility indicator tells me that hourly magnitudes are dropping off a cliff. However, it is still extremely early in the global trading session for the EURUSD, with the bulk of the U.S. equities session still pending completion. A ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Current situation: I've been using the Standard Swap Mode since the start of the cycle, for the most part. I'm now trying to work-in the Perimeter Swap Mode as well, to see how much internal Swap Cost recovery I can get before the larger move off ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011A couple items of recognition. I've noticed the V-Trigger doing a good job of locating potential Swing, but less of a good job at locating potential Momentum. That's what runs the V-Trigger into a sideways market, which in turn, drives up the Swap ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Volatility Forecast: Pretty much 5 hours of straight downward pressure on the EURUSD, followed by 8 hours of chop and sideways price action within a 78 pips range. Couple that with the Daily range being 134% of normal and that is what's locking-in ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011I'm switching back and forth between the M1 and M15 to handle my swaps, and I mistaken used the M1 12:45 close, not considering that the actual close was on the M15 12:45. So, I've got the V-Trigger line correct now at 4001 for this Swap Sequence.
The Confession & The Secret
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Line In Sand replied Oct 31, 2011I missed the platform pic - but the synthetic loss was about -98 pips. So, I'm looking to recovery that today. Also, the trade previous to that last would have been a failed trade in the absolute - because there was not enough pips in the move that ...
A Different Kind of Journal (EURUSD)
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Line In Sand replied Oct 31, 2011Over the weekend, I've added a new Swap Method and will be deploying that this week. I've also added a Time based Trigger that I'll simply call the T-Trigger, for ease of discernment while reading posts. First V-Trigger for today: Close of 12:45 ...
The Confession & The Secret
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Line In Sand replied Oct 31, 2011Go ahead and start a thread on "what moves the markets" - it sounds like a good title. In here, I'll be dealing with Swap Methodology and Swing/Momentum potential. Good luck with your new thread. BTW - Trailing Stops, are one of the highest ranked ...
The Confession & The Secret
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Line In Sand replied Oct 28, 2011I went back to check this and the forecast for low hourly volatility was correct, as the move from the V-Trigger line at 4187, turned out to have one (1) Swap trade, followed by the move into today's low, for an absolute profit range of about 54 ...
The Confession & The Secret
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Line In Sand replied Oct 28, 2011With hourly volatility having gone to sleep for the weekend, this session is pretty much a token for the week, unless a wellspring of volatility comes from somewhere to move the EUR out of this 30 pip range. With the original V-Trigger at 4141 and ...
The Confession & The Secret