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Old 06-16-2008, 06:36 PM
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dpaterso dpaterso is offline
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Location: Johannesburg, South Africa
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Hi folks (Monday night),

Randon:

I think you're right about the monkeys!!! Seriously though: get a hold of 'the other book' i.e. John F. Carter's 'Mastering The trade'. ALL of the things that are concerning you are addressed IN DETAIL in this book.

Nick:

I'm in at market as per the VSTOP System on GBP/JPY (long obviously). Let's see if our 'idea' works (I'm using a constant of 3 for the SAR and 2 for the STOP).

NOW:

I've spent LOADS of time today 'scrutinizing' this 'B', 'O', and 'S' sequencing again. While my previous USD/RUB example was 'spot on the mark' (well so far anyway) it's really not easy to choose where to start from or be sure that you're actually designating the relevant days correctly. SO: I've come up with and EVEN EASIER solution to the problem which definitely 'fits' with the 'phenomemon'. Simply: you only look to place long orders TODAY if YESTERDAY was a 'down' day and you only look to place short order TODAY if the past TWO days were BOTH 'up' days. That's a lot easier than having to go and 'pick a starting point or two or three' that give conflicting results for the new day I think. And (like I said): it's still 'in keeping' with the 'phenomenon'. Let's see what happens (most of the USD/??? pairs are now 'likely candidates' tonight)!!!

Last edited by dpaterso; 06-16-2008 at 06:38 PM.
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