Terms in use: Virgin Arch Mature Arch Strong Arch Long Arch Short Arch Secondary Arch NEW Arch Zone NEW Lower Band NEW Upper Band Hi Band Low band NEW Band Respect CR Ride the CR Tweak the Arch DeMarker Sig DeMarker Dotted Breach Line DeMarker Solid Breach Line Partial Hedge Positive Differential Negative Differential 2* ATR, Optimally Rounded Max Intraday UPL Observed UPL Managed, Combined Leverage Target or TP Avg. Trade Price Long Short Interest Cow Prevelent Spread Units Charts or Graphs Spreadsheet Balance Banked NAV Price Entered & Executed Commentary Criteria Weekend Income NEW Anchor Point Finding the Margin Call New Ground Stay Tuned Tuning the Arch's Market Based Stops Bi-Directional Re-Paint NEW End-Caps (hi and low CR line) NEW End-Cap Width MAE & MFE TV (TradeViper) MM (mmccormac) RJB (rjb024) Fifo skibumm NEW Fifo's Hwy. CurviDeviation Fib's Tracking Deposits Withdrawals Trend ID Exposure DD Positions Indicator based scaling EA BackTesting WL MT4 North Finance 55 pair Feed Exotics Majors 25:1 50:1 Bucketshop NFA registered and CFTC licensed Refine Regression Exhaustion Plaguerize Stifle Short term Medium term Long term Squeeze the indicator pane Average in, Scale in, Add To, Average UP, Average Down Every Rose Has it's Thorns NEW Geometric Progression WinRate NFP Week Pre-Determined Targets Watchlist NEW Fortune Cookie (Electric'sManualSignitureSavant) No Stings Attached Custom Indicator Extract Navigator Drag & Drop Flash Memory Stick UPS Screen Real Estate Two ISP's Intro Indicator Menu Custom Indicator Menu Precision Zones Curved Directional Regressive Magnets Animated GIF's Loose Method, Cale Yaroborough Style Polynomial Approximations Draw Object as Background NEW Inner Channel Width NEW Percent Close Inner Channel
ok enough of these terms...it goes on and on and on...but if you need any definitions please post here... By the way.... the check arrived in Oanda and I can still confirm, I am set to trade this method next Tuesday 02/13/06 with 14k. Happy Lincoln's Birthday Michael B.
"but if you need any definitions please post here..." Or better yet do a little research and figure it out on your own.
HeHe MM.. I committed to illustrate a Complete method... I do not know what the capacity of the Global audience is...now and years to come in this archive... But the message is... "let your passion drive you and make this stuff, YOUR OWN...if it fits you". Michael B. P.S. Many of you need stops and I understand that...I am illustrating stops through income earning hedging...lets try and stay open minded and watch it trade bi-directionally, what do you have to lose?... 19,566 views
I have made many friends in this project and have visited and been reunited with others from the years here in ET. There were some brief attempts to stifle this "no strings attached" presentation, but we can forget that and it does not need to be dwelled upon. I am proud to be able to post here. I have a little input from each one of you to present this twisted curved method with. You are all CurviDeviants now (you know who you are)...and you really should be jailed... ThankYouFromTheBottomOfMyHeartSavant
ohhh..and by the way...the next time someone tells you that the internet cannot be a genuine place to come and learn and discuss trading from anonymous poster's and visitor's...you just send them right here to this thread...Some of you have printed out this thread as if its pages of your book that YOU are going to complete. (I have) I urge those of you passionately trading and learning to start a journal (3-ring binder) for your inspirational and special posts. On certain days dig out that old 3-ring binder and read what you have archived there...I have many dear posts from the years of trading, that I cherish, with the ID's removed as the message was important. One poster gave me the highest compliment that I have ever received in my life in a PM. I did not deserve that honorable title/position and I would never reveal it, as it would ruin it for me and I hope he is not reading this, as I do not want to be a distraction in his journey. I pattern my life's work after that title/position. When I see that posters name here in ET, I wish that I could have forgotten it, as it is so distracting, but the post that he made to me, I will never forget and was rather positive overall, but a responsibility. all of you have been model ET citizens and I commend you for your maturity, honesty and generosity.. IT WILL ALL COME BACK TO YOU...JUST WAIT AND SEE....WHAT GOES AROUND... COMES AROUND. MANIFEST YOUR FRUITS AND SHARE YOUR JOY. MAY YOU LIVE IN ETERNITY, SINGING & CELEBRATING, UNCEASINGLY. FLY WITH THE EAGLES...OH FLY Selah Michael B. ElectricSavant
Hey. ES is it possible for you to get hosting on elitetrader's webserver? hxxp://www.elitetrader.com/~electric/goldenarches.html. so you can put a nice summarized version of the method to save people reading through the whole thread. maybe a work in progress page of terms and definitions. That way you can update it and clean it up without anyone whining about post editing. Still have the thread for the discussion / improvement. That way you wont feel like you need to close it in the future. It would be really nice for newbies to have a nice complete method definition & links to code downloads all on one page to save them hunting for the most recent version. maybe even some pictures of good entry / exit signals for us who are visual thinkers. "Electric Savant's Site of Wonderful Public Domain Methods (ESSWPDM)"
Hey, no problem. For my idea of a stop, I would like to know what you think of your win % is and how big is your ave drawdown, and I could make a decent stop based on either chart support or put it below the ave drawdown. My previous stop was based on chart support, but forex is spiky and I am also used to trading with a 3 pip commission, so if I adjusted that I would have done better. Anyway, my current system that I use predicts winners over 60% of time, and my stop and profit targets are about even but also sometimes based on supports and resistances.
Here's a stupid question. When I made the Demo trades I ignored the swap cols because I had no clue what it was. Over the days the numbers became larger so I googled and realized they were the charges to close and reopen. According to Oanda, this process is not necessary anymore. Still not sure what actually gets done in this process and more importantly why. But my question is, in your pic, are + numbers debits and - numbers credits? Confused. While I am asking dumb questions, ES, where do you look to find the interest differentials?
In the publication of the "Interest Cow" which is years old, with many subscribers, the references have been omitted for public posting reasons and conduct rules of ET and other Forums. http://www.elitetrader.com/vb/showthread.php?s=&postid=1349168#post1349168 I voluntarily, publish that spreadsheet and recently revived it out of request from many readers in other forums. (you will note hundreds of downloads from here...what an opportunity to bring readers from other forums here...it was a win-win situation) by the way.... you cannot donate money to me or to your favorite charity as I do not give a hoot, and I AM NOT FOR HIRE. There are "no strings attached" and please do not insult me with PM's. I am a moderator (volunteer) for gawds sakes and you cannot use ET's PM system as your recruiting tool. This is a place for the industry and retail traders to discuss trading with one another...thats it. All of the data is manually derived from the various Oanda website tools and it takes me about one hour to tediously update it. There have been many suggestions for adding columns in 'Interest Cow", which I am open minded to. I will let some others explain interest differentials, but may I remind all of you, we want to follow the conduct rules and try to limit our explanations to be link-free in the Forex Trading Forum and the other threads in ET's wonderful, neutral site. Now, if some of you find some tools and you want to post links and you are not commercially affiliated and do not post those links ad nauseum' here in ET, that would be permitted. http://www.elitetrader.com/vb/showthread.php?threadid=85806 Lets keep this thread on topic and endeaver not to get side-tracked. You will notice my spreadsheet titled "Golden Arches.xls", tracks "interest earned" and "paid" in an interest column.. http://www.elitetrader.com/vb/showthread.php?s=&postid=1356096#post1356096 Michael B. references for "Interest Cow" http://www.oanda.com/convert/fxhistory http://www.oanda.com/products/fxmath/margin.shtml http://www.oanda.com/products/fxmath/interest.shtml http://fxtrade.oanda.com/spreads/recent_spreads.shtml