Ivan's Trade Thread, part II

[cabletrader]

That's interesting, dumb question - the dow leads right?

(edit: I agree with you about Foresight AI, they should have named it Hindsight! Shame, it looked so good in the pics but definitely not worth 500 bucks a month when you can get the same thing on Ensign's Pesavento Map for $39 for the whole package! )

 

[rsikit]

for today it does seem the dow is leading yes. Also been watching the u/j due to risk aversion and usd cad which seems to be inverse the dow on the spikes, like on the 15 min chart on the usdcad had a nice spike at 1pm eastern time when the dow hit lows, and then reversed, those are the extreme moves I like to fade. I am still learning the correlations with different things to watch but it seems to change all the time

 

[forex-forex]

Quote from cabletrader:

That's interesting, dumb question - the dow leads right?

No ...... The futures lead and the DOW follows. I have made a fortune from this.



forex-forex
--------------
Trading guru

 

[rsikit]

forex,

You must have come into the conversation in the middle, we arent talkin about the futures. Just talking about the dow leadin the E/U at this point. I assume your Cables stalker from what I read.

 

[forex-forex]

Quote from rsikit:

I assume your Cables stalker from what I read.

Do you have a link to this post?


forex-forex
------------------
trading guru

 

[rsikit]

I apologize to you Forex-Forex, you are not Cables stalker.

You are Reaver's stalker from what I read

 

[stevegee58]

Quote from stevegee58:

Dammit, when's EUR/USD gonna break out of this range? It's driving me nuts!

I guess it broke out of the range LOL

 

[cabletrader]

Quote from rsikit:

for today it does seem the dow is leading yes. Also been watching the u/j due to risk aversion and usd cad which seems to be inverse the dow on the spikes, like on the 15 min chart on the usdcad had a nice spike at 1pm eastern time when the dow hit lows, and then reversed, those are the extreme moves I like to fade. I am still learning the correlations with different things to watch but it seems to change all the time

Ok, thanks for that, I think I'll put them up on a chart together and watch them. I've got a useful code if you use MT4 for charting, it overlays so comparisons are easier, I'll see if I can find it.

As for forex-forex, the guy's never placed a live trade that made any money! "trading guru", lol, yeah right! He follows us around like a little lost puppy bless him

 

[rsikit]

Thanks Cable good to know, just check out how they ran together this past hour or 2 its been pretty good

 

[cabletrader]

The overlay script is OverLayChart.mq4 8.68KB, if anyone wants to use it just download and put it in the MT4 > Experts > Indicators folder

Credit to the author:
OverLay Chart.mq4 Ver.1.10 Copyright© 2006-2007 S.B.T.
This script is free to use/distribute/modify and re-distribute.