Trading: Testing a new methodology & signal generation

2018年10月22日

Hello, I need to log about a new way of getting signals and I am being honest with myself: the only way I will honestly stick to it and keep it all in the same area/folder is by posting an idea on TV.

As I wrote on the chart I will use RSI divergence + BB to generate signals, then manually check structure & fibo levels, and then enter or not and decide where to enter in a discretionary way (this is the personal skill part).

I rarely see BB used but actually they make a pretty good filter, of course you have to use your brain and use them correctly, as a source of info, not as a nobrain "enter when price touches lower band" here let's look at BTC example:



Pretty good right? And this looks pretty good, like some kind of mineral in the inside.

I do not know how many signals I am going to get with these filters applied, and I know that on the 1 hour chart I will sometimes get less than 5 minutes to react, so I wonder how this will turn out...


Here are all the charts I will look at:
Forex majors
1 EURUSD
2 USDJPY
3 GBPUSD
4 USDCAD
5 USDCHF
Minor & Exotic
6 EURJPY
7 EURCAD
8 EURCHF
9 EURGBP
Indices
10 DJIA
11 S&P 500
12 Nasdaq 100
13 Dax 30
14 FTSE 100
15 CAC 40
Commodity Futures
16 Oil
17 Gold
Crypto Futures
18 BTCUSD
19 ETHUSD

Hunting for signals on daily & 4 hour charts for all 19 + 1 hour chart for the 9 FX pairs.

2018年10月22日

注释

Starlog update start date 1446524857:
"Captain we are losing support of the nerds, they are now watching anime, cartoon shows portraying 12 years old girl with extra short skirts getting their legs bitten off by giants and their heads chopped off byt cleaver-wielding obese men!"
"Officer asian_quota, this is too messed up! We cannot follow this! Officier ruskov, enter hyperlight travel, we have a movie to make, let's milk what little is left of this cashcow"

Sorry for bad jokerino I am depresserino.
On this stardate I am owervelmed by cruppling depressing as I got 0 alerts since Sunday evenong.

I am focussing on this strategy alone, but if nothing happens no point wasting time, I will look at something else.

Nice one, the first chart I looked at gave a perfect winner on another strategy...



As I am typing this I get an alert on GBPUSD. Well I spent time writting all this so I will post this update anyway, + I need to log my whole week.

2018年10月22日

注释

If we go just a little lower I am going long, maybe I should have entered @ 1.30075
am I being too difficult here?

2018年10月22日

交易开始

Long GBPUSD. MY EARS

2018年10月22日

注释

* I feel I should have waited for the lower BBBand (Stdev 2) to be touched before going long. slightly more perfect entry

2018年10月22日

注释

My hopes for this one are not very high.
Expecting to get stopped soon

2018年10月22日

注释

Oh I am liking this candle. Come on, make daddy proud.

2018年10月22日

注释

And another! New york saves the day.

Going to long Oil if it gets to 68$

2018年10月22日

注释

Another one!
I might short USDJPY @ 113 yen. Depends how it gets there.

2018年10月22日

注释

GBPUSD update: it is looking more promising than 3 hours ago.

2018年10月22日

注释

Oil bounced quite a bit, prematurly... Oh well...



Had a crazy winner on eurusd if I was trading my other strategy -.-



Idk I could set up alerts on that too... Would trading 2 strategies at the same time really have any negatives to it? I don't really think so.

2018年10月22日

交易结束：到达止损

Got stopped. If it goes up now...
I will consider this simple bad luck (very bad luck since I missed out winners) for now.



Next

2018年10月23日

注释

I did not get an entry on yen by not much, but it ended up being a big winner


GBPUSD is now bouncing... going to take more examples to draw any conclusions

2018年10月23日

注释

I might have missed out on Oil, I had 3 minutes to react and I was not near my PC. Lame.

2018年10月23日

交易开始

Going long Oil

2018年10月23日

注释

Long EURGBP

2018年10月23日

交易结束：到达止损

Stopped on Oil. I am hating this strategy already.
If I get more losers I will lose patience very very fast.
I don't even like that strategy. Sure, can't make stats based of 5 or 10 examples, but if I lose 4 out of 5 the sample size might be small idc I won't like it.




The other strategy which I am 90% sure works but not sure about what winrate to expect, is going my way also.

2018年10月23日

注释

I expect dow & s&p to bounce. No trading them rn.

2018年10月23日

交易结束：到达目标

Closed EURGBP (2nd strategy)
We are in target area it's good enough for me.



I expect this strategy to have a 70% winrate (RR is on average 1.85 I think).

And strategy 1 the one posted in the chart ideas, somewhere between 0 and 10%
Seriously if it has a very low winrate I will just take the opposite position XD

2018年10月23日

注释

Indices bouncing as expected as I posted 1-2 hours ago... That was fast...

2018年10月23日

注释

Seriously...

2018年10月24日

注释

I hate this strategy. It is too complicated, demands too much, looks like it is bad too, I have 500 indicators on my screen. I give up.

Going to update this with my other method the one I used for EURGBP, I need to work on the details.

2018年10月24日

注释

Might as well post this here too.
I see the fakey on UK 100, but support is too close so I did not take the trade, it's not worth it imo.

Going to try and remember to keep an eye on this in the next days.

2018年10月24日

注释

Ok let's NOT take that trade XD
I will long if it goes ALL THE WAY down.

I was not sure if this was worth it. I don't relally see any structure till the bottom :/
Going to have to work on the details

2018年10月24日

注释

Bouncing on structure

2018年10月24日

注释

So USDCAD did bounce, but I am just not interested in such move.
I want something more predictable with more high probability idk, it just didn't look good enough.