Agreed. I personally don't see any signs of an imminent S&P selloff. But watching it closely as the Brexit vote draws near.

The Really Useless Thread

Thank you, C. And I personally think you have a knack for it. Any jobs going as Podcast Summarisers, I wonder? People have less and less time these days and unless they have a long commute (I don't), they might not be able to find the time to listen ...

Diversified Trend Trading Approach

Very good point, Sciurus. If you were unlucky enough to switch it on at the start of 2004, you would have had about two years of downtrending equity. Not many people would have kept it going after those first two years, despite the backtest looking ...

Critique my backtesting results of this EA

I don't know if you can do this in MT, but in NinjaTrader you can add a secondary data series to the backtest program so that your entries, SLs and TPs work on the secondary series (I recommend 1-minute bars, not tick), even though the strategy is ...

Critique my backtesting results of this EA

I listened to the podcast, C. It was very good, as you said. But to be honest I preferred your summary. You managed to express all the important points very well, and it took me a lot less time to read! Really hoping you might do one for Part 2 ...

Diversified Trend Trading Approach

Yeah, good afternoon mate. (Or should that be G'day ). I was just about to get down to some backtesting when I saw your post. Now wondering whether to immerse myself in the podcast instead! Hmm... decisions decisions... Maybe I'll leave the ...

Diversified Trend Trading Approach

That was a great read C. If the podcast is anywhere near as good as what you wrote then it's going to be a cracker!

Diversified Trend Trading Approach

Thanks Jay. That helps a lot. Yes, I was thinking of going down the Excel route myself. Should be easy once all the historical data is loaded and you've got the charts set up. Good stuff! Have a nice weekend and thanks again.

Jay's High Probability Setups

BPR = Bank Participation Report OI = open interest

Jay's High Probability Setups

Hey Jay, Just wondering if you can offer any nuggets about how best to interpret these Bank Participation Reports. They don't seem to make much sense at first glance. For instance, the banks have been net long the CME Euro every month since the last ...

Jay's High Probability Setups

Very intriguing mate! And from the research I'm doing at the moment I would definitely agree with this.

The Big secret to trading success

Thanks for the info, Calculus. However, the bolded statement above is exactly what I did. Except the names and country were different of course! Yes, it could be construed as money laundering but it was only a small amount (about EUR200), and it's ...

Interactive Brokers - experiences and opinions

Anti-Money Laundering Regulations I've had a quick look on the internet and tried to digest the wealth of information on international anti-money laundering regulations. It's pretty complicated, and varies by country, but my conclusion is that there ...

Interactive Brokers - experiences and opinions

Yes, I think I will. I guess I'm being too naive about it. I can easily transfer money to an international account from my banks in the UK, and from my banks in Japan, and even from my offshore accounts in the Isle of Man - so why wouldn't I be ...

Interactive Brokers - experiences and opinions

Sure ja, the authorisation process took four working days for me, and consisted of several emails and phonecalls. After that it takes between one and four working days for the funds to arrive. So altogther you should probably allow eight working ...

Interactive Brokers - experiences and opinions

Why wouldn't it be allowed? It's my money in my account, and I can send it to whoever I like! Certain IB account types don't allow it though, so maybe that's what lasty is thinking of.

Interactive Brokers - experiences and opinions

Just done my first third party withdrawal from IB. Bloody hell, what a drama! It was only EUR200 to a bank in Barcelona, but I can't believe the number of security hoops I had to jump through before they would authorise it. Really not sure if this ...

Interactive Brokers - experiences and opinions

Hey sisse, are you talking about a trading platform? I'd be interested in helping you develop one, but only part-time and from Japan. Please PM me if you're interested. Thanks.

The Really Useless Thread

Thanks abokwaik. I think that's basically my Method 1 above. This works great most of the time but loses accuracy when new highs or lows are made by the lines, i.e. the range increases, particularly if one line's range changes and the other one ...

Compare the slopes of two lines plotted on different scales

Sure. On the chart below, I have two lines plotted below the price panel: Line 1 and Line 2. These are actually the same indicator with different inputs, but that's not important right now. You can see that the y-axis (vertical scale) of each line ...

Compare the slopes of two lines plotted on different scales