shugParticipant
Junior
I actually found gold hard to trade, which made it more intresting to me, its more of a challenge than what im used to. its also slow as a month in jail compared to wall st ! not that ive been in jail for a month but i can imagine LOL
shugParticipant
Junior
Here on gold i’m experimenting with trend line breaks on the the 1hr timeframe which looks quite good over a small samle, looks good enough to trade so this is exactly what ill be doing unless i find a better way, if anyone else is trading gold successfully im open to suggestions
shugParticipant
Junior
Zomed out on the gold chart its took quite a hit and still overall on its down trend, price in a channel close to what id say is the bottom. I have marked out the support resistance lines. Its making me more inclined towards just buy trades but as i’m not going for massive amounts of points i still think its safe enough to trade both directions until major structure is broken. pic attached
Same gig on Wall Street M1.
All will be ‘Crash & Burn’ tomorrow, but no probs as will be on Demo Account, it’s fun and something to get up for! 🙂
BTW I entered the following for spread in the backtest settings:
- Japan225 – 7 points.
- WallStreet / DJI – 4 points
Weird thing I noticed for first time today, with Japan225 the Optimiser shows double the profit that appears on the equity curve and in Detailed Report etc.
It must be due to tick value for Japan225 is 0.5, whereas norm is a tick value of 0.1 (on for example DJI). So the optimiser sees anything other than 0.1 as a multiplier??
shugParticipant
Junior
what trading times did you have on it? i worked best between 7am uk time until market open at 2.30
shugParticipant
Junior
I gave the market time to settle at open or i hit the big move for a reversal when i saw momentom on that opening bar slow down
When I manual trade and I’m well up on the day by WallStreet open, I try and jump on and surf the big wave at open and then try and follow the reverse wave for even more profit! 😀 Scary stuff!!??
If I’m having a bad day, I play more cautious and let the waves settle down.
For the Auto-Trading results I posted above there are no time constraints at all, so 24/5.
shugParticipant
Junior
Yes it can make the hart go fast that open LOL
1 main diffrence from cmc markets platform and IG INDEX platform is that i could place as many limit orders as i liked on cmc without it affecting my ballance, ig take it off available ballance before the limit order kicks in
shugParticipant
Junior
I had a go at using A.I to write code for one of my trading systems to see how it worked, after the 12th attempt i gave up
Idea … ask your wife to have a go getting AI to code your strategy … she might just click with it?
shugParticipant
Junior
not sure she will after seeing my failed attempts, she has said ‘i wouldn’t trust A.I’ but i’ll say to her. i’ll tell her you said why don;t i ask you LOL
Hey Shug, you and / or your wife may want to hold off on AI until Nicolas launches the ‘PRT AI’ … see here
ProRealAI: From Idea to ProBuilder Code in Seconds
shugParticipant
Junior
Been trying to open 2 charts, 1 on the hour and a 5 minute chart, but i dont want the same things on both so i tried using the link chain thing but it doesnt seem to work in any configuration. both are gold charts, 1 for scalping the other for longer moves, its got to be simple but i just cant figure it out, any help would be appreciated