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Hold the Gold 2 replies

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Hold The Gold

  • #361
  • Oct 11, 2019 7:34am Oct 11, 2019 7:34am
Things went not as I was hoping for and I had to take the smaller bite...

Recent sells closed:
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Keeping some sells open, but... I have a feeling they will go in vain, probably? Should bounce up around here? Lets see...
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Can't show my buy hedges. Many pairs of eye sets are sniffing around here and... my hands are tight!
Maadik Hugiis. IQ 69.
  • #362
  • Oct 11, 2019 7:41am Oct 11, 2019 7:41am
The idea of the hedges is to be less losing than the profits generated by the main strategy.
Here I even have a positive hedging sets. Unbelievable. They made it from 1514 to 1484, with a sell, of course. I can't believe it...
Alivederci from me. Have a nice weekend. I am going for a walking and biking, till the day is over.
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Maadik Hugiis. IQ 69.
  • #363
  • Oct 11, 2019 10:39am Oct 11, 2019 10:39am
Quoting MoneyZilla
Things went not as I was hoping for and I had to take the smaller bite... Recent sells closed: {image} {image} Keeping some sells open, but... I have a feeling they will go in vain, probably? Should bounce up around here? Lets see... {image} {image} Can't show my buy hedges. Many pairs of eye sets are sniffing around here and... my hands are tight!


Quote
Here I even have a positive hedging sets. Unbelievable. They made it from 1514 to 1484, with a sell, of course. I can't believe it...

Damn your buys are always down and sells up
  • #364
  • Oct 11, 2019 10:54am Oct 11, 2019 10:54am
Quoting Offujimori
{quote}
Quoting Offujimori
{quote} Damn your buys are always down and sells up

This is how hedging is supposed to work, isn't it?
Maadik Hugiis. IQ 69.
  • #365
  • Oct 11, 2019 11:02am Oct 11, 2019 11:02am
Fuji, i saw your idea. It is kind of a brilliant one! Except for the multiplier...

I am nearly trading similar stuffs. You are very very close with one of my hedging approaches! As an example, the sell from 1514 to 1484. I love those zig zag ever growing on the right side triangles! Higher top, followed by a lower bottom, then even higher top, followed by even lower bottom, ext. I wish this never ends!:-)
Maadik Hugiis. IQ 69.
  • #366
  • Oct 11, 2019 11:16am Oct 11, 2019 11:16am
Quoting MoneyZilla
Fuji, i saw your idea. It is kind of a brilliant one! Except for the multiplier... I am nearly trading similar stuffs. You are very very close with one of my hedging approaches! As an example, the sell from 1514 to 1484. I love those zig zag ever growing on the right side triangles! Higher top, followed by a lower bottom, then even higher top, followed by even lower bottom, ext. I wish this never ends!:-)

Thank you MZ! I'm glad to read that after hitting my head against the wall...! About the multiplier: yes! It's sucking hard using that multiplier. I'm trying to figure out some next steps. But thank you for all

EDIT: I have to find a way to defend myself of really tight trading range. I will think about it. Maybe just have another strategy trading really small trading range..

Quote
Higher top, followed by a lower bottom, then even higher top, followed by even lower bottom, ext. I wish this never ends!:-)

hhahaha... Look at that. You are trading the exact pattern that always made me loose so many times in daytrading here in Brazil future index (IBOVESPA FUTURES).

I hope you could make use of that pivot point statistic!
It's insane. Even on corn It works when there's a week open gap.

So... would you say that my strategy is static or dynamic? If I understood the concept right It is static, isn't it?
Feel free to share with your cousin everything... maybe he can have some use of the infos too!
  • #367
  • Oct 11, 2019 11:30am Oct 11, 2019 11:30am
Quoting Offujimori
I hope you could make use of that pivot point statistic! It's insane. Even on corn It works when there's a week open gap.

Well, we will communicate on that one. I know shit about pivot points and fibonachi. I never tried to learn anything about them, although I have my own pivot points indicator... I took that idea from Davit's tread. But never went any deeper inside them. My focus was and still is elsewhere...
Still, it looks like, using them and the precision of the entries could be improved? I need to understand these PPs to tell you, if the dynamic hedging could perform even better than what I am doing now. Very likely, this might be quite possible with those PPs?!?
Quote
So... would you say that my strategy is static or dynamic? If I understood the concept right It is static, isn't it? Feel free to share with your cousin everything... maybe he can have some use of the infos too!

Definitely static. Static is hard. For me is hard.
There is a specific dynamic hedging technique, that could reduce the draw-down to a positive draw-down. Believe it or not. I have never combined both zig zag triangle dynamic hedging with just a regular dynamic hedging, because of the too much work and the many resources it eats to hedge the hedge! But on paper, both combined, things are going wild! The thing is, all those stuffs cannot be backtested. That is not even possible, in a first place. And i like to keep them that way, anyway!:-)
Maadik Hugiis. IQ 69.
  • #368
  • Oct 11, 2019 11:31am Oct 11, 2019 11:31am
Quoting MoneyZilla
Fuji, i saw your idea. It is kind of a brilliant one! Except for the multiplier... I am nearly trading similar stuffs. You are very very close with one of my hedging approaches! As an example, the sell from 1514 to 1484. I love those zig zag ever growing on the right side triangles! Higher top, followed by a lower bottom, then even higher top, followed by even lower bottom, ext. I wish this never ends!:-)
BTW I saw the site you sent me! I must say that I didn't understand well but It seems that It's close to what you see in your graph... a bias.. like the balance between sells and buys?

Thanks!
  • #369
  • Oct 11, 2019 11:44am Oct 11, 2019 11:44am
Quoting Offujimori
{quote} BTW I saw the site you sent me! I must say that I didn't understand well but It seems that It's close to what you see in your graph... a bias.. like the balance between sells and buys? Thanks!

Yes. Exactly. My cousin is trading that particular info. Four years ago I have ordered an EA that collects this info, as if it was trading, but only for statistical purposes. I did not know how to use it, back then, until recently. Using it very very differently than the way my cousin does it. His brain is contaminated by common forex stuffs, I dont really care about and never wanted to learn about, too. Like ADX, some strengths, ATR, whatever. I do not even remember their names. He uses those formulas to transform the output data. In my opinion, the original data is a lot better the raw way it is delivered. So, you see the raw data there. It is amazing for dynamic hedging. It is just close to nothing... and I share it publicly. I am sure noone can really trade it anyway.
Maadik Hugiis. IQ 69.
  • #370
  • Oct 11, 2019 12:37pm Oct 11, 2019 12:37pm
Quoting MoneyZilla
{quote} Well, we will communicate on that one. I know shit about pivot points and fibonachi. I never tried to learn anything about them, although I have my own pivot points indicator... I took that idea from Davit's tread. But never went any deeper inside them. My focus was and still is elsewhere... Still, it looks like, using them and the precision of the entries could be improved? I need to understand these PPs to tell you, if the dynamic hedging could perform even better than what I am doing now. Very likely, this might be quite possible with...
Well I don't use anything related to fibonacci neither. It's just the traditional pivot point that's been there for years!
They are pretty good to frame the market so we can extract some statistic because It's a standard way to be calculated and a static line until next period comes.

Did you see the yearly statistic on spreadsheet that I sent? Every year one point was crossed since 2009. It's good for building some yearly position and know where to leave some part of the position. I was thinking about using it in a year timeframe after reading you saying that the year trend is so powerful.

Take a look. It's worth!

Quote
I have never combined both zig zag triangle dynamic hedging with just a regular dynamic hedging, because of the too much work and the many resources it eats to hedge the hedge!

Damn.. that's deep. haha
Considering that you are already consuming a lot resources...this would be way huge.

I will take a calm look on the site with my graph open soon!

Good weekend MZ!
Peace!
  • #371
  • Oct 11, 2019 12:42pm Oct 11, 2019 12:42pm
Well don't know what your strategy is, people, this days.. But I expect to (start) holding GOLD for much longer... Starting next week, if all goes well...
Meaning... BUY.. hold... close.. release a little... wait for some panic/drop... BUY again.. riding myself to GOLDEN palace
Can you afford to take that chance?
  • #372
  • Oct 12, 2019 3:44pm Oct 12, 2019 3:44pm
This is how the price app works.
Maadik Hugiis. IQ 69.
  • #373
  • Oct 12, 2019 6:55pm Oct 12, 2019 6:55pm
This is how the stops are being taken down one by one...
Maadik Hugiis. IQ 69.
  • #374
  • Oct 13, 2019 1:30am Oct 13, 2019 1:30am
Quoting MoneyZilla
{quote} {image} 526 Buy units @ 1429 {image} 544 Buy units @ 1432
Can I ask a silly question what does 526, 544 buy units mean? Does it mean buying oppotunity?
  • #375
  • Oct 13, 2019 3:36am Oct 13, 2019 3:36am
Quoting failinforex
{quote} Can I ask a silly question what does 526, 544 buy units mean? Does it mean buying oppotunity?

This is a buy dominance over the sells. The buy/sell chart balance is no longer in an equilibrium. The downside is I could never know, if it is just a walk from the one side of the frame to the other side, or it is the annual trend? However, at the end, there is absolutely no way to miss the trend dominance and direction. Even theoretically.

500+ is a lot. In August, quite before the peak at 1557, maybe around 1510-1515, it went up to 800+, but the sells took 300+ buys down already, during the last 30+ days or so.
Maadik Hugiis. IQ 69.
  • #376
  • Oct 13, 2019 5:12am Oct 13, 2019 5:12am
Thanks for the info.
  • #377
  • Oct 13, 2019 9:06am Oct 13, 2019 9:06am
Man, just checked some gold situation, articles... and it seems there might be MASSIVE buy (to hold) opportunities coming I would be particular interesting in what happens AFTER the HALLOWEEN... If this will be true after the halloween, we might see at least 6month BUY spree for GOLD... To be confirmed/rejected... Happy Halloween ppl.. And till then.. BUY/hold Specially now that is under 1500... Almost feels like FREE CANDY
Can you afford to take that chance?
  • #378
  • Oct 15, 2019 12:09am Oct 15, 2019 12:09am
Friday's down movement (~$29 USD or 290 pips of delta):
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Monday's up movement (~$13 USD or 130 pips of delta):
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Almost everywhere, buys are under a slow recovery, although on the chart this might not appear so obvious...

It does not look as a trend change to me, even if we hit October's opening price ~1470 or somewhere below.
Maadik Hugiis. IQ 69.
  • #379
  • Edited 1:39am Oct 15, 2019 12:25am | Edited 1:39am
Quoting MoneyZilla
I see gold being in a range for the next 5-6-7 business days or so. The 2-week block no.1 will be almost mirrored next week? The mirroring have started this week already and one can see the similarity...

I still think this week will be a ranging week. Although I could not guess the right mirroring (Friday's drop).
Could these 3 consecutive buy breakouts on H4 be the reason for ~$20 USD (~200 pips) movement to 1513 or around?
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EDIT: Not going to happen... Cancelled.
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Maadik Hugiis. IQ 69.
  • #380
  • Oct 15, 2019 12:49am Oct 15, 2019 12:49am
Quoting MoneyZilla
{quote} I still think this week will be a ranging week. Although I could not guess the right mirroring (Friday's drop). Could these 3 consecutive buy breakouts on H4 be the reason for ~$20 USD (~200 pips) movement to 1513 or around?

Because, if you ask me what I really want?!? I am ready for any fall...
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But things won't probably go in my direction so nice and easy?!?

It is interesting to see, what will happen in this week's triangle?
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Just pay an attention how there is a 2 weeks distance in between the upper and the lower touches?

The bad thing for me is, my sell price is in the middle of the triangle (which is always a bad thing) and I am nearly 100% convinced the rate will pass behind it's back. Will be highly surprised, if it does not...
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Maadik Hugiis. IQ 69.
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