making a mint off news on trading desk

[mp6140]

Thanks mp6140,
I see your explanation and have gained valuable insight from it.

Police was talking ticks no way can a retail investor react to this

But I like the way you trade the news and will try to emulate what you say in a dummy account to see if it works for me

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sometimes i doubt that ANYONE can catch a trade like police spoke of, even with the best of everything around you ---- just HOW fast can a person move ?

i see that you brits and the japanese are closed for some holiday monday --- im sure that has some importance to the way things are trading now

enjoy

mp

 

[mp6140]

mp6140,



Can you remind me of the settings for LRC that you use as I want to set them up in Tradestation ?

Thanks


Paul

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regression channel ----- %change - 1, # of ticks - 4, width - 2
single regression channel -- period - 10, width - 1.7
single regression channel -- period - 28, width - 2

those are my quotetracker settings --- you may have to experiment with tradestation.

set up a chart and insert the LRC's adjusting each one to your own chart, that way you have "customized" them to the tradestation charts.

NOW, if you have a bit of time (scotch REALLY helps here !), DO THAT FOR EACH CURRENCY !

lol --- i dont really bother doing that !

mp

 

[Trader333]

Thanks I will give it a try and see how it progresses


Paul

 

[adadadog]

I imagine using the strategy/method introduced by mp may incur big losses in big crashes. Any real experience from last market crash?