"Golden Arches" Project

here is a repost, I have been busy!

Thank you 4xdude, this is exactly the type of feedback necessary..

I use the Demarker, I do not even glance at the arch's...

My earlier research in the deleted thread ...you may remember "Poop or get off the Can" thread, revealed that I could not trade off the Demarker alone...I think I lost 2k on that project.

In my progression, I realized that I needed to ONLY trade in one direction with the use of the Demarker...and use just one side of the altered exhaustion Demarker with the unique settings that I illustrated..as usual this "use one side revelation" "came to me" in delusionary thought during one fine morning at 3:00 AM..as you know, I do not sleep much :)

anyways....

As I work on the phone during the day, I stay warm with five 19" LCD monitors to the left of me at my "L" shaped desk...(I sit at the short side the "L" when on the phone..so the "L" shape is backwards and upside down, like most of my life's journies have been evaluated and experienced).

As I glance at the Demarker in the 4hr. periodicity, I notice breaches of the green or red line or the DeMarker wiggly line in the zone between the green or red dotted & solid lines. It does not mean anything to me at this stage....its just a breach or a zone and a POSSIBLE signal...there is always something happening on the many charts, in the watchlist...

I now look at the 4hr. arch's above the DeMarker for agreement in direction when I catch a Demarker buy or sell zone.

Ok the ARCH'S (custom CR indicator download) shows me a slope...a bend...or sometimes a change or the very beginning of a change...AT THAT MOMENT I AM LOOKING. this is where I observe the SHAPE of things to come...ITS ALL I CAN DO AT THIS POINT AS I HAVE NOTHING. For an arch to be an arch there is a left side and a right side of a trough or a peak...these can be extended very long and at times the arch appears as a diagonal line....BUT IT'S A LEG OF AN ARCH.

The maturity of the arch, I jokingly use terms that appeal to the majority of male traders. If it offends, I will rename the terms into more appropriate reflections.

Virgin Arch: the trough or peak
Mature Arch: The ANTICIPATED EXHAUSTION OR END OF AN ARCH BASED ON THE "NOW".

To recap: I got the breach...means nothing Now I am looking at the 4hr. arch's...they must be in the Demarker sig direction to confirm. I still have NOTHING yet...read on.

Now, I look at the daily arch, by clicking the daily periodicity button up there in MT4's toolbar

repeat
Ok the ARCH'S (custom CR indicator download) shows me a slope...a bend...or sometimes a change or the very beginning of a change...AT THAT MOMENT I AM LOOKING. this is where I observe the SHAPE of things to come...ITS ALL I CAN DO AT THIS POINT AS I HAVE NOTHING. For an arch to be an arch there is a left side and a right side of a trough or a peak...these can be extended very long and at times the arch appears as a diagonal line....BUT IT'S A LEG OF AN ARCH.

Virgin Arch: the trough or peak
Mature Arch: The ANTICIPATED EXHAUSTION OR END OF AN ARCH BASED ON THE "NOW".

Now..in the above there is price....I trade the price not the indicator ...thus all the coders are measuring the high and the low of price from the arch that I suggested could be a MFE/MAE observation. I got fib levels as a bonus.

Now, if the price is far, far away from the arch... (blue line) that may indicate that the arch may need some time to catch the price..or that the price may not move much (or even retrace against the desired eventual direction) until some time has passed. SO IN THE EVALUATION OF THE DAILY ARCH, I LOOK AT PRICE TOO....

So where are we?...we are getting "real close" now.

Let's say you get a daily arch that suggests that there is room to go in its formation AS YOU ARE SEEING IT AT THE MOMENT YOU ARE GLANCING AT IT. Do not get bogged down in missing sig's, there is always something happening....so you have an agreement with the Demarker...the 4hr arch...and the Daily arch... You can now enter or even fine tune more, with the Ergodic indicator.

So you are now "IN THE TRADE" You now get the 21P ATR in the 4hr. chart to use for your TP (target) or you can use one of the inner band borders, whichever is greater. Some of you like tighter TP's on negative interest differential's ...to each his own...

Michael B.
Quote from 4xdude:

ES, throughout this entire thread - this is all that describes a golden arch:
"Step Three: If you have an agreement, then scroll down to a 60M..then a 30M...then a 15M...in the CR, you are searching for the best arch which is the earlies bendThis secondary CR in agreement is a confirmation that will give you a bet size. Remember, "Virgin Arches" are best."

I assumed that meant that when the CR bends, we have a virgin arch - but now it seems that is not the case - could you please spend a couple of minutes putting as much detail into describing what a golden arch is, what a virgin arch is and what we are trying to achieve - whether it be a bounce off the CR bands, the more price deviation the better, or what?

Thanks
4x
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I wanted to explain something about interest differentials. The holding time in this method is about 2-14 days ...

If you glanced at the "Interest Cow" spreadsheet, you would see CAD/JPY rather high up in the ranks for positive interest differential...in other words if you are long it pays...if you are short it costs...

The open CAD/JPY costs me an estimated $2.90 a day, if I do not average in more.....I am going for 60 pips as mentioned in the trade alert and I am now seeing 54 pips in my face...and waiting (1 PIP = $2.32 at my current exposure).

Interest differential's is just a microcos'm of trading the big picture of price movement...(Wifey has joked with me and laughed ...telling me I jump over "C" notes to pick up pennies..point being..interest differentials compared to the profit of trading "price" is next-to-nothing...Futures traders see the degradation of price over the carry...in the same was as cash traders...but again...it is a small percent of what you can make).

I hope this helps...now do not worry...I will not be posting any more sexual Trade alerts..I do not know what I was thinking!

BadBadSavant

P.S. Re-read the intro here (it just gets better & better):
http://www.elitetrader.com/vb/showthread.php?s=&threadid=86772

Sexual trade alerts soon here :
http://www.elitetrader.com/vb/showthread.php?s=&threadid=86773
 
Never had that problem in cash...but most cash FX traders trade mini's and lots...Oanda is "special" shall we say...I never get slippage WITH WHAT THEY PRESENT ME or slow speed...(I have been with Oanda since June 2004 and executed thousands of trades with thousands and trade sizes with an account in one million dollars (not mine)...not bragging, just liquidity is not an issue. by the way... have I mentioned I no longer trade OPM?)

I just use market orders to enter and limit orders on the TP...During news ALL have slippage..I do not trade news...but if I do ..my trades have been in the queue so long I get my fills...

WJ...I can tell... you are a Futures guy or a Currenex guy :)...

StartingToSoundLikeAKnow-It-AllAgainSavant


Quote from walterjennings:

ever consider rounding your lot sizes to the nearest 1000 or 10000 in order to increase speed of execution / reduce slippage?
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Quote from ElectricSavant:

Never had that problem in cash...but most cash FX traders trade mini's and lots...Oanda is "special" shall we say...I never get slippage WITH WHAT THEY PRESENT ME or slow speed...(I have been with Oanda since June 2004 and executed thousands of trades with thousands and trade sizes with an account in one million dollars (not mine)...not bragging, just liquidity is not an issue. by the way... have I mentioned I no longer trade OPM?)

I just use market orders to enter and limit orders on the TP...During news ALL have slippage..I do not trade news...but if I do ..my trades have been in the queue so long I get my fills...

WJ...I can tell... you are a Futures guy or a Currenex guy :)...

StartingToSoundLikeAKnow-It-AllAgainSavant
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you got me. i trade futures during big swings, i cant remember the last time one of my orders has gone through without slippage :( i guess that might be a sign that i am trading in the right direction.

and mind telling me what OPM means? :D i am uninformed.
 
Often past Mealtime...or very powerful drugs


Quote from walterjennings:

you got me. i trade futures during big swings, i cant remember the last time one of my orders has gone through without slippage :( i guess that might be a sign that I am trading in the right direction.

and mind telling me what OPM means? :D i am uninformed.
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