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"AUSSI" my thread and anything I want to put here

  • #2,281
  • Nov 8, 2019 10:57pm Nov 8, 2019 10:57pm
Quoting Aussi
{quote} just local
If a local VPS and the setting doesn't hold via your OS Control Panel > Date & Time if you contact your providers Support dept they can set the VPS time independently and it will be set and will hold.
If a Local desktop/laptop computer then it should be able to be set using your Control Panel.
You probably already know this but IC will provide you with a free VPS with your LOT volumes, for fast scalping approx 5 ms, than the probable 100+ms you may have at the moment.
Hope this helps
When you are successful perhaps give a thought to others ... Kiva dot org
  • #2,282
  • Nov 8, 2019 10:58pm Nov 8, 2019 10:58pm
Quoting Ced74
Good to see folks around on a Saturday afternoon......Just finished helping the Maid to do housework. I do not wish to be rude but if a trader can not work out the NewYork,London etc opening times then they should not be trading. Just playing with this indicator ..Not as good as it looks as there are no settings to play with so testing different Renko brick sizes....Input welcome....Thank goodness i do not have a day job because just do not have the time. R
I tried to threaten my wife with the idea of moving to Spain or Italy and trading both London and the US sessions...she liked the idea.

Although, when I visited London and Oxford with one of my kids I didn't like that day light started at 4:30am during summer.
  • #2,283
  • Nov 8, 2019 11:06pm Nov 8, 2019 11:06pm
I could not live in U.K too Bloody Cold but I do love the history of the Country and the little villages.
Currently for me New York opens at Mid Night and London closes at 3.00 am......Tough on an old bloke as I usually hit the Brick Wall at 2-3 a.m....This is the time when Gold can be active so need to be up to meet the challenge and grab a few bread crumbs whilst the Master is asleep.
R
Ronnie Renko
  • #2,284
  • Nov 8, 2019 11:13pm Nov 8, 2019 11:13pm
Quoting Ced74
I could not live in U.K too Bloody Cold but I do love the history of the Country and the little villages. Currently for me New York opens at Mid Night and London closes at 3.00 am......Tough on an old bloke as I usually hit the Brick Wall at 2-3 a.m....This is the time when Gold can be active so need to be up to meet the challenge and grab a few bread crumbs whilst the Master is asleep. R
i thought about staying awake 24 hours a day
people leave, but this thread will go on for ever
  • #2,285
  • Nov 8, 2019 11:14pm Nov 8, 2019 11:14pm
Quoting Ced74
I could not live in U.K too Bloody Cold but I do love the history of the Country and the little villages. Currently for me New York opens at Mid Night and London closes at 3.00 am......Tough on an old bloke as I usually hit the Brick Wall at 2-3 a.m....This is the time when Gold can be active so need to be up to meet the challenge and grab a few bread crumbs whilst the Master is asleep. R
Yes, definitely want someplace warmer and less rainy than the UK.
Gold looks in free fall until the $1435 area XAU/USD. Will see how it plays out as risk seems to be on right now.
Attached Image (click to enlarge)
Click to Enlarge Name: Gold! Nov 2019.PNG Size: 32 KB
  • #2,286
  • Nov 8, 2019 11:21pm Nov 8, 2019 11:21pm
Interesting observation re gold...May I ask why you have come to this evaluation.Yes I have looked at your chart..O.K there other professionals with the same view but I do not take any notice ...Myself I do not know where Gold will go but I fear that you may be correct.
R
Ronnie Renko
  • #2,287
  • Nov 8, 2019 11:23pm Nov 8, 2019 11:23pm
Quoting Ced74
Cleaning forex house re this thread. This is an update from a trade posted during the week....O.K it has turned up but I am not worried as it will come to fruition.....Swap fees are not a problem ...So like a good bottle of wine it just needs time to breath. {image}
Here's another look at the 1 hour AUD/NZD...see attached pic.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD NZD 1hr chart 11 9 19 for Ced74.PNG Size: 90 KB
  • #2,288
  • Nov 8, 2019 11:24pm Nov 8, 2019 11:24pm
Quoting Aussi
{quote} i thought about staying awake 24 hours a day
You would have time to walk the dog.
R
Ronnie Renko
  • #2,289
  • Nov 8, 2019 11:32pm Nov 8, 2019 11:32pm
Quoting Ced74
Interesting observation re gold...May I ask why you have come to this evaluation.Yes I have looked at your chart..O.K there other professionals with the same view but I do not take any notice ...Myself I do not know where Gold will go but I fear that you may be correct. R
Just an observation of support and resistance...nothing in between here and the free fall til the green area on the 4 hour chart. The daily chart is worse. I'll post pic with the 1 hour, 4 hour, and daily charts side by side in a few minutes.
  • #2,290
  • Nov 8, 2019 11:50pm Nov 8, 2019 11:50pm
first pic is side by side 1 hour, 4 hour, daily
second pic is side by side daily, weekly, monthly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Gold! Nov 2019a.PNG Size: 151 KB
Click to Enlarge Name: Gold! Nov 2019b.PNG Size: 143 KB
  • #2,291
  • Nov 9, 2019 12:10am Nov 9, 2019 12:10am
Hello all
Some thing for the newbies and not so newbies to keep in mind.
If you are using EAs on a MT4 platform and they require a adjusted time setting for sound alerts etc it is important that you use your brokers time to set or offset.
You will find your brokers time on the very top of the market watch drop down.
Just another bit of may be useful stuff?.
  • #2,292
  • Nov 9, 2019 12:45am Nov 9, 2019 12:45am
Quoting CashBox
{quote} Nice job on the take profits being hit. There's probably a buy and sell script out there that will automatically set your take profit at 4 pips (or whatever) on market orders for you. (If your broker won't allow a 4 pip tp entered at the time of the market order (with the help of the script), then someone could make the script change the take profit milliseconds after the trade has been opened.
Hi CashBox ...
Thank You for nice comment …
This is a demo account … I started practicing Aussi suggestions concerning process of learning …
No, I am not using any script, in fact I was trying use it, but drop it finding this far more inconvenient as simple one click trade options delivered by MT4.
All done is manually.
I use sometimes pending orders, however mostly I use market orders …
As far as I know ECN brokers do not limit size of TP or SL this days.
As I mentioned some time ago TP is for me kind of a trick as I still dont have rules for closing my scalp trades. Just need to close my trades on positive values so this TP’s are not so important, they only looks nice on the screen…
Have nice weekend
BN
  • #2,293
  • Nov 9, 2019 1:16am Nov 9, 2019 1:16am
Quoting PayItForward
{quote} If a local VPS and the setting doesn't hold via your OS Control Panel > Date & Time if you contact your providers Support dept they can set the VPS time independently and it will be set and will hold. If a Local desktop/laptop computer then it should be able to be set using your Control Panel. You probably already know this but IC will provide you with a free VPS with your LOT volumes, for fast scalping approx 5 ms, than the probable 100+ms you may have at the moment. Hope this helps
Aussie trades manually, so no need and benefit from VPS. VPS is only for algos.
  • #2,294
  • Nov 9, 2019 2:32am Nov 9, 2019 2:32am
Quoting todamoon
{quote} Aussie trades manually, so no need and benefit from VPS. VPS is only for algos.
The benefits of a VPS are not just for algos, anyway this thread is not about the benefits or not of VPS, my response was to try to help with Aussi's time issue.
I am sure with your in depth computer & trading knowledge you have solved his local time problem so leave you and Aussi to it.
When you are successful perhaps give a thought to others ... Kiva dot org
  • #2,295
  • Nov 9, 2019 3:02am Nov 9, 2019 3:02am
Quoting PayItForward
{quote} The benefits of a VPS are not just for algos, anyway this thread is not about the benefits or not of VPS, my response was to try to help with Aussi's time issue. I am sure with your in depth computer & trading knowledge you have solved his local time problem so leave you and Aussi to it.
i thank you for helping mate
people leave, but this thread will go on for ever
  • #2,296
  • Nov 9, 2019 3:39am Nov 9, 2019 3:39am
Quoting CashBox
{quote} Just an observation of support and resistance...nothing in between here and the free fall til the green area on the 4 hour chart. The daily chart is worse. I'll post pic with the 1 hour, 4 hour, and daily charts side by side in a few minutes.
Thanks for taking the time to post these charts.
Cheers,
Ron
Ronnie Renko
  • #2,297
  • Nov 9, 2019 3:43am Nov 9, 2019 3:43am
Hello Ced74
Referring to post post 2276.
Just to correct you here, the time chart was put up to link EST and other quoted American zones to GMT.
Very few people newbies or experienced can link EST to GMT for example even though it is used in association with other platforms that traders may be looking to use.
I to do not wish to be rude, yes you are correct obviously by saying if a trader can not work out the four majors opening hours, cross over times etc they should not be trading.
I shall also say that most of the benefit of my putting up such content is for shall we say rising traders and that includes younger players.
Personally I remind myself that the forum is open publicly for all to see and enjoy and I do realise that much of it is given by some great traders with a thanks to all those positive contributors.
I have been trading for many years on longer time frames because of our remoteness so am enjoying watching Aussies success and guts to put it up on screen, as always am gaining some fantastic insight from him.
Enough from me.
Dusky.
  • #2,298
  • Edited 5:40am Nov 9, 2019 4:25am | Edited 5:40am
Quoting BlackNapkins
{quote} Hi CashBox ... Thank You for nice comment … This is a demo account … I started practicing Aussi suggestions concerning process of learning … No, I am not using any script, in fact I was trying use it, but drop it finding this far more inconvenient as simple one click trade options delivered by MT4. All done is manually. I use sometimes pending orders, however mostly I use market orders … As far as I know ECN brokers do not limit size of TP or SL this days. As I mentioned some time ago TP is for me kind of a trick as I still dont have rules...
Hi BlackNapkins

Any TP is good in my books, some nights I want 7+ pips, other nights I take anything I can get.
Last Friday night, I was in one of those moods where I was just taking a trade every two minutes and looking for any profit as i only had a two hour session. I was trading GBPUSD with about a 0.1- 0.3 Pip spread plus swaps etc.
So I only needed about a 0.06 pip win to break even, and a 2 - 3 pip target to earn a wage within that session. I use hedging and just hammered the charts on any candle on M1 that has a 3 pip range and looking like reversing.
So I took 145 trades for 129 clear pips profit on a night I made by broker very happy. I hedge, hedge the hedge and take many profits till I close all trades at the end of the session.


I DON'T NORMALLY TRADE FOR SUCH A TINY TP - But its fun sometimes ( I fear not losing trades, I only fear Not trading )
Attached Image (click to enlarge)
Click to Enlarge Name: rt.png Size: 314 KB
Trading thin liquidity at the boundary of the charts
  • #2,299
  • Nov 9, 2019 4:41am Nov 9, 2019 4:41am
Quoting RickM
{quote} Hi BlackNapkins Any TP is good in my books, some nights I want 7+ pips, other nights I take anything I can get. Last Friday night, I was in one of those moods where I was just taking a trade every two minutes and looking for any profit as i only had a two hour session. I was trading GBPUSD with about a 0.01- 0.03 Pip spread plus swaps etc. So I only needed about a 0.06 pip win to break even, and a 2 - 3 pip target to earn a wage within that session. I use hedging and just hammered the charts on any candle on M1 that has a 3 pip range and...
nice way of doing it. when you become a samurai, you can cut the tree in many ways, deep or shallow.
  • #2,300
  • Nov 9, 2019 6:08am Nov 9, 2019 6:08am
Quoting RickM
{quote} Hi BlackNapkins Any TP is good in my books, ... {image}
Now that's what I call a good skill, which of course is my goal
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