"Golden Arches" Project

Terms in use:

Virgin Arch
Mature Arch
Strong Arch
Long Arch
Short Arch
Secondary Arch
NEW Arch Zone
NEW Lower Band
NEW Upper Band
Hi Band
Low band
NEW Band Respect
CR
Ride the CR
Tweak the Arch
DeMarker Sig
DeMarker Dotted Breach Line
DeMarker Solid Breach Line
Partial Hedge
Positive Differential
Negative Differential
2* ATR, Optimally Rounded
Max Intraday UPL Observed
UPL
Managed, Combined Leverage
Target or TP
Avg. Trade Price
Long
Short
Interest Cow
Prevelent Spread
Units
Charts or Graphs
Spreadsheet
Balance Banked
NAV
Price Entered & Executed
Commentary
Criteria
Weekend Income
NEW Anchor Point
Finding the Margin Call
New Ground
Stay Tuned
Tuning the Arch's
Market Based Stops
Bi-Directional
Re-Paint
NEW End-Caps (hi and low CR line)
NEW End-Cap Width
MAE & MFE
TV (TradeViper)
MM (mmccormac)
RJB (rjb024)
Fifo
skibumm
NEW Fifo's Hwy.
CurviDeviation
Fib's
Tracking
Deposits
Withdrawals
Trend ID
Exposure
DD
Positions
Indicator based scaling
EA
BackTesting
WL
MT4
North Finance
55 pair Feed
Exotics
Majors
25:1
50:1
Bucketshop
NFA registered and CFTC licensed
Refine
Regression
Exhaustion
Plaguerize
Stifle
Short term
Medium term
Long term
Squeeze the indicator pane
Average in, Scale in, Add To, Average UP, Average Down
Every Rose Has it's Thorns
NEW Geometric Progression
WinRate
NFP Week
Pre-Determined Targets
Watchlist
NEW Fortune Cookie (Electric'sManualSignitureSavant)
No Stings Attached
Custom Indicator
Extract
Navigator
Drag & Drop
Flash Memory Stick
UPS
Screen Real Estate
Two ISP's
Intro
Indicator Menu
Custom Indicator Menu
Precision Zones
Curved Directional Regressive Magnets
Animated GIF's
Loose Method, Cale Yaroborough Style
Polynomial Approximations
Draw Object as Background
NEW Inner Channel Width
NEW Percent Close Inner Channel
 
ok enough of these terms...it goes on and on and on...but if you need any definitions please post here...

By the way.... the check arrived in Oanda and I can still confirm, I am set to trade this method next Tuesday 02/13/06 with 14k.

Happy Lincoln's Birthday :)

Michael B.
 
HeHe MM..

I committed to illustrate a Complete method...

I do not know what the capacity of the Global audience is...now and years to come in this archive...

But the message is... "let your passion drive you and make this stuff, YOUR OWN...if it fits you".

Michael B.

P.S. Many of you need stops and I understand that...I am illustrating stops through income earning hedging...lets try and stay open minded and watch it trade bi-directionally, what do you have to lose?...

19,566 views


Quote from mmccormac:

"but if you need any definitions please post here..."




Or better yet do a little research and figure it out on your own. :D
 
I have made many friends in this project and have visited and been reunited with others from the years here in ET. There were some brief attempts to stifle this "no strings attached" presentation, but we can forget that and it does not need to be dwelled upon.

I am proud to be able to post here.

I have a little input from each one of you to present this twisted curved method with.

You are all CurviDeviants now (you know who you are)...and you really should be jailed...:)

ThankYouFromTheBottomOfMyHeartSavant
 
ohhh..and by the way...the next time someone tells you that the internet cannot be a genuine place to come and learn and discuss trading from anonymous poster's and visitor's...you just send them right here to this thread...Some of you have printed out this thread as if its pages of your book that YOU are going to complete. (I have)

I urge those of you passionately trading and learning to start a journal (3-ring binder) for your inspirational and special posts. On certain days dig out that old 3-ring binder and read what you have archived there...I have many dear posts from the years of trading, that I cherish, with the ID's removed as the message was important. One poster gave me the highest compliment that I have ever received in my life in a PM. I did not deserve that honorable title/position and I would never reveal it, as it would ruin it for me and I hope he is not reading this, as I do not want to be a distraction in his journey. I pattern my life's work after that title/position. When I see that posters name here in ET, I wish that I could have forgotten it, as it is so distracting, but the post that he made to me, I will never forget and was rather positive overall, but a responsibility.

all of you have been model ET citizens and I commend you for your maturity, honesty and generosity..

IT WILL ALL COME BACK TO YOU...JUST WAIT AND SEE....WHAT GOES AROUND... COMES AROUND. MANIFEST YOUR FRUITS AND SHARE YOUR JOY. MAY YOU LIVE IN ETERNITY, SINGING & CELEBRATING, UNCEASINGLY. FLY WITH THE EAGLES...OH FLY Selah

Michael B.
ElectricSavant
 
Hey. ES is it possible for you to get hosting on elitetrader's webserver? hxxp://www.elitetrader.com/~electric/goldenarches.html. so you can put a nice summarized version of the method to save people reading through the whole thread. maybe a work in progress page of terms and definitions. That way you can update it and clean it up without anyone whining about post editing. Still have the thread for the discussion / improvement. That way you wont feel like you need to close it in the future.

It would be really nice for newbies to have a nice complete method definition & links to code downloads all on one page to save them hunting for the most recent version.

maybe even some pictures of good entry / exit signals for us who are visual thinkers.

"Electric Savant's Site of Wonderful Public Domain Methods (ESSWPDM)"
 
Quote from ElectricSavant:

oraclewizard,

I have trouble with stops IN THIS METHOD...I prefer hedging for now, unless something better comes along, because the daily's, can last so long and I get in the arches early. Hedging helps with timing, where stops finalize.

I am sorry to hear about the loss...but it sounds to me like you are experienced enough to handle it...stay tuned.

Also, if you come up with ideas for stops, that are market based please share...I am waiting to get smacked with a good idea..

Michael B.

Hey, no problem. For my idea of a stop, I would like to know what you think of your win % is and how big is your ave drawdown, and I could make a decent stop based on either chart support or put it below the ave drawdown.

My previous stop was based on chart support, but forex is spiky and I am also used to trading with a 3 pip commission, so if I adjusted that I would have done better.

Anyway, my current system that I use predicts winners over 60% of time, and my stop and profit targets are about even but also sometimes based on supports and resistances.
 
Quote from mmccormac:

Most MT4 brokers are really bad. The best I've seen if you are wanting to execute trades through MT4 is www.UGMFX.com

Good Luck everyone!


Edit: I beleive they are registed with NFA and CFTC, and their swap/rollover is about as fair as I have seen in the retail area.

I have attached a screen shot of their rollover rates for today.


Here's a stupid question. When I made the Demo trades I ignored the swap cols because I had no clue what it was. Over the days the numbers became larger so I googled and realized they were the charges to close and reopen. According to Oanda, this process is not necessary anymore. Still not sure what actually gets done in this process and more importantly why. But my question is, in your pic, are + numbers debits and - numbers credits? Confused.
While I am asking dumb questions, ES, where do you look to find the interest differentials?
 
In the publication of the "Interest Cow" which is years old, with many subscribers, the references have been omitted for public posting reasons and conduct rules of ET and other Forums.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1349168#post1349168

I voluntarily, publish that spreadsheet and recently revived it out of request from many readers in other forums. (you will note hundreds of downloads from here...what an opportunity to bring readers from other forums here...it was a win-win situation)

by the way.... you cannot donate money to me or to your favorite charity as I do not give a hoot, and I AM NOT FOR HIRE. There are "no strings attached" and please do not insult me with PM's. I am a moderator (volunteer) for gawds sakes and you cannot use ET's PM system as your recruiting tool. This is a place for the industry and retail traders to discuss trading with one another...thats it.

All of the data is manually derived from the various Oanda website tools and it takes me about one hour to tediously update it.

There have been many suggestions for adding columns in 'Interest Cow", which I am open minded to.

I will let some others explain interest differentials, but may I remind all of you, we want to follow the conduct rules and try to limit our explanations to be link-free in the Forex Trading Forum and the other threads in ET's wonderful, neutral site.

Now, if some of you find some tools and you want to post links and you are not commercially affiliated and do not post those links ad nauseum' here in ET, that would be permitted.

http://www.elitetrader.com/vb/showthread.php?threadid=85806

Lets keep this thread on topic and endeaver not to get side-tracked. You will notice my spreadsheet titled "Golden Arches.xls", tracks "interest earned" and "paid" in an interest column..

http://www.elitetrader.com/vb/showthread.php?s=&postid=1356096#post1356096

Michael B.

references for "Interest Cow"
http://www.oanda.com/convert/fxhistory
http://www.oanda.com/products/fxmath/margin.shtml
http://www.oanda.com/products/fxmath/interest.shtml
http://fxtrade.oanda.com/spreads/recent_spreads.shtml

Quote from fifo:

Here's a stupid question. When I made the Demo trades I ignored the swap cols because I had no clue what it was. Over the days the numbers became larger so I googled and realized they were the charges to close and reopen. According to Oanda, this process is not necessary anymore. Still not sure what actually gets done in this process and more importantly why. But my question is, in your pic, are + numbers debits and - numbers credits? Confused.
While I am asking dumb questions, ES, where do you look to find the interest differentials?
 
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