[chirules54]

Thanks for that info on the money management Dale. It helps a lot, and it's funny to say this because usually it's the opposite problem, but it looks like I am being a little TOO conservative with my trades, not that it's a totally bad thing. I have 50:1 leverage with Oanda and my trades are only margining about 5% of my account balance each, but I think I'm going to increase that a bit now, probably to 10% or so.

I'm also going to officially start trading the SI live tonight.. decided on gbp/jpy and Gold, wonder how long it will be until I get a trade on the daily charts? I'll be sure to keep you posted on my results, and also with the VS trades as well. I was wondering though: from your experience are the SI trades held as long as VS trades on average? I know we discussed this earlier but I just want to make sure it will be okay to keep trading the VS and SI (and TBP) on the same instruments (gbp/jpy and gold) at the same time and avoid any conflicts.


edit: Looking at my spreadsheet for the Gold SI, I noticed that I am getting some negative values on some days for the ASI... have you ever seen this? Everything appears to be correct, and it doesn't seem like it will affect the trades because HSPs and LSPs can still be identified and also the TISAR.

Also, I'm having a problem with the 60-point TISAR. When I change the limit number, it makes the ASI values change at a different rate, for example if I set the limit for gold to 3.00, there will be MANY days where the ASI changes by more than 60 points since the values are in the 1000s... and vice versa if I make the limit 200 the SI values are MUCH smaller (like -20 to 20) so the ASI will practically NEVER change by 60 points over a period of time!! Could it be that the 60-point TISAR needs to be changed based on the values of the ASI or something? Or maybe since gold is quoted (usually) xxx.xx (or for example 850.54) I need to multiply the SI by a "pipfactor" of some sort (like 0.1) since the instrument used in the book is quoted xx.xx (or for example 56.35).

On my spreadsheet for gold, if I leave the limit at 3.00, and multiply the resulting SI values by a "pipfactor" of 0.1, I get SI values that for the most part stay between -100 and 100, but there are several days where it is greater than 100 or less than -100...