Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Thx we will see how long it will be like this way. As I see you are doing great so far. What I have been realized is really about the bias location and price action. The only thing what I would ask form you what are the levels where you are considering to take trades?
Not the best day, but not the worst either. I was jumping on the downside train immidietly, the plan was if it is going down, it will go down from there. The market was turning, and I turned tooo. I was expecting some continue goind down move, it was not coming so there was no reason to hold.
Than it went up, and after the second retest, I was not closed my position. Then I caught in the middle of the chop, I was entering always on the middle not the side. So I was scalping up some money, many time just closed the trade, if it was not too nice, or the market was not doing what I was expecting. The major error was here, I was expecting the areas will fail at the first test, but they did not. Anyhow. The market was not moving anyway, my guess is that, it was shooting up this time, but I am happy what I have been got. I was not red, to push it, so this is what it is...
There is nothing superexicting here. This is the report after 2 days. Plan is still simple. If I can grab my 20-40 ticks than I call it a day, if not, than try to be on the green side, and accept what the market has been offered. Theoritically speaking I am trying to measure more to being following these simple rules, and going where the market goes, than to concentrate on the combine. It will be successfull either way - I mean the rollover is the minimum thing if I have a little understanding and discipline, and the target should be no issue either if I feel the things right...
Yesterday I have been missed some opportunity, simply based on the fact I was too slow to enter, but this is what I am expecting. The good trade location is not opened for a long time
Anyhow it is a great thing to know that I do not know anything!
Also there is an banner line in it. Anyhow, I have been started to code my own solution. No big deal really, I hope I will be ready with it next week (the skelaton model is ready anyway). The only question is that, is anyon know a good news datafeed, which could be used. I need xml data like this: Core Retail Sales q/q
The problem with forex factory feed, I can use only the news data, but the results are coming from the website only. Maybe later on I will do some logic to load the website data, but it is not as good than to use an xml...
Happy trading for everyone today, also if you have idea to what to put into the news indicator do not hesitate to comment it. Right now I am doing the following functionality:
- select the country what you would like to see (comma separated version with all tag...)
- select the priorty (also comma separated, but you can use all as well)
- show the databox
- some formating possibility to what to show
- show today news
- show only upcommign news
- alert me before the news x minutes
- put a vertical line before the news x minutes to alert me
Any other idea, which could be usefull? once again not able to load the news data, also not able to load when the news has been hit exactly (not so important I guess)
It was an easy day. The plan was to go up with the market, there was no plan to going down. The first trade was easy to take, HeikenAshi was doing fine to keep me out of the trouble. Unforcuneatly the market was heading down.
There would be a good trade for going down (there were good areas there from yeasterday) but I was betting up. It was a mistake. Based on the priceaction it was a short pullback and not permission to go long. Anyhow I piad my price, and got me waiting for a long time. My view was that the market will shoot up, and it was a long holding period, than I have been decieded, to give up the things, I was not in the mood to wait another pullback.
The (3) trade was a fantastic one. All credit to heikenAshi to got me waiting for the perfec entry , and also it was a good location. Then the plan was to w8 over the news. Which was a negativ, but all the other markets (ES, NQ) was up enough to confirm to me to hold it. It was a painfull period I can tell, from +30tick come back to 0tick, and goes back again to +30, and w8 for going up. After 1 hour trading, and bairly complet my profit goal I have to say, I am happy with my progress...
Cheers!
I have been misstraded the market by discipline, the levels what I was looking for were there, I simple just changed the side 4 times in the storm. My bad, my fault. See you on monday... Not the best idea, to w8 for the breakout, when it not happened yet:P
Yip, it is there, but I would like to add some more futures. Almost ready with it. Some examples:
- filter news based on country
- filter news based on impact
- highlight the time range when the news hit on the chart
- some more cool configuration...
- smaller interface window
- etc...
I was seeing a lots of opportunity to go up. I was tagged to go up, didnt expected to come back. We came back to the double bottom area again. It never failed by a tick, but all the other market was dropping, so I scared out. Also my wife was coming back to the key, and I was discracted. So I started to jump in and out, without any real reason. Now the market is up to +100 tick from my original entry. This is what it is...
The big lesson Is still the same. You are not able to be in 2 river on the same time. My guess is that if I would not have disctracted I would have been hold the long, but who knows. The lesson have been learnt, so I do not see any issue, only lesson fortcuneatly...