General Trading Discussion Digest for Tuesday September 26, 2017

3 new threads, 4 replies and 2 library entries from 7 authors in the "General Trading Discussion" community ... Hi Need help my dashboard glitched 2 hours after London open, try to phone by 2 diferents phone Co. sent e-mail to support@currencytrader.com ... [Complete Currency Trader]() [General Trading Discussion]( [Post New Message](mailto:COMPLETECURRENCYTRADER-generaltradingdiscussion@ConnectedCommunity.org) [] Sep 26, 2017 started 9 hours ago, [Dirceu Franciscop De Nadal]( (0 replies) [Need Help when my dashboard glitches]( [external link to thread view]( 1. [Hi Need help my dashboard glitched 2 hours...](#m0) Dirceu Franciscop De Nadal started 11 hours ago, [Roderick Burdon]( (1 reply) [Currency Strength Chart]( [external link to thread view]( 2. [Hi Folks I'm having difficulty relating...](#m1) Roderick Burdon 3. [Hi Richard, it's your settings that seems to be...](#m2) [post has attachment] Maryna MURRAY started 14 hours ago, [Mark Catt Catt]( (0 replies) [Using Breakout Box past 24:00]( [external link to thread view]( 4. [Since I live in the United States, and am 7...](#m3) Mark Catt Catt started yesterday, [Ted Davis]( (2 replies) [Stanford University Study - Trading Class Today]( [external link to thread view]( 5. [Ted, and all, I've attached the Stanford ...](#m4) [post has attachment] James Edward 6. [James, I just got to my computer after a long...](#m5) Ted Davis started 2 days ago, [Roderick Burdon]( (4 replies) [Record keeping]( [external link to thread view]( 7. [​I use Traders Way in the Dominican Republic and...](#m6) Jim - [] [top](#toca) [next](#m1) 1. [Need Help when my dashboard glitches]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_ac129b02-a7a2-4868-bd36-81b658e00a2f@ConnectedCommunity.org?subject=Re: Need Help when my dashboard glitches) [Reply to Sender]( [Dirceu Franciscop De Nadal]( Sep 26, 2017 2:17 PM [Dirceu Franciscop De Nadal]( Hi Need help my dashboard glitched 2 hours after London open, try to phone by 2 diferents phone Co. sent e-mail to support@currencytrader.com now imarket is over but still got no help. Dirceu Francisco De Nadal 55(Brazil) 51 982183172 Skype: dirceu.francisco.de.nadal [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( [] [top](#toca) [previous](#m0) [next](#m2) 2. [Currency Strength Chart]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_1b7340f4-7b55-44ab-bd82-088fd9071da1@ConnectedCommunity.org?subject=Re: Currency Strength Chart) [Reply to Sender]( [Roderick Burdon]( Sep 26, 2017 12:54 PM [Roderick Burdon]( Hi Folks I'm having difficulty relating colours of the lines on the chart to the tell-tale colours at the top, even on a decent-sized (19in) monitor. CHF and CAD are so similar that it is hard to identify them or tell them apart on the chart and the same goes for EUR and GBP, The tell-tale for USD is invisible and that for NZD is very faint. I've watched James's installation video again and can see the facility for editing the colour but I don't think there are are a sufficient number of distinctive colours in the palette to provide clear differentiation. I don't think I have any colour-blindness problems,either. Is it just me needing to stop being a cheapskate and spring for a better monitor or are others struggling? One answer might be stronger lines on the chart to make the colours stand out more, or text signals on the chart to identify the currency if you hover the cursor over a line? One for the wish list in in a future update of the software, perhaps? ------------------------------ Roderick Burdon ------------------------------ [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( [] [top](#toca) [previous](#m1) [next](#m3) 3. [Re: Currency Strength Chart]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_e0ec355c-be6c-4cc7-a973-894048b1661d@ConnectedCommunity.org?subject=Re: Currency Strength Chart) [Reply to Sender]( [Maryna MURRAY]( Sep 26, 2017 2:23 PM | [attachment][view attached]( [Maryna MURRAY]( Hi Richard, it's your settings that seems to be the problem and you must just change them. I'm attaching a "view" of my indicator as an example. Nothing wrong with your monitor or need to change it. ------------------------------ Maryna MURRAY ------------------------------ [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( ------------------------------------------- Original Message: Sent: 09-26-2017 12:54 From: Roderick Burdon Subject: Currency Strength Chart Hi Folks I'm having difficulty relating colours of the lines on the chart to the tell-tale colours at the top, even on a decent-sized (19in) monitor. CHF and CAD are so similar that it is hard to identify them or tell them apart on the chart and the same goes for EUR and GBP, The tell-tale for USD is invisible and that for NZD is very faint. I've watched James's installation video again and can see the facility for editing the colour but I don't think there are are a sufficient number of distinctive colours in the palette to provide clear differentiation. I don't think I have any colour-blindness problems,either. Is it just me needing to stop being a cheapskate and spring for a better monitor or are others struggling? One answer might be stronger lines on the chart to make the colours stand out more, or text signals on the chart to identify the currency if you hover the cursor over a line? One for the wish list in in a future update of the software, perhaps? ------------------------------ Roderick Burdon ------------------------------ [] [top](#toca) [previous](#m2) [next](#m4) 4. [Using Breakout Box past 24:00]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_822be7d5-f9dc-4191-b4b4-c4412362c093@ConnectedCommunity.org?subject=Re: Using Breakout Box past 24:00) [Reply to Sender]( [Mark Catt Catt]( Sep 26, 2017 9:57 AM [Mark Catt Catt]( Since I live in the United States, and am 7 hours behind GMT, I wish to know how to utilize the Breakout Box past 24:00 hours. When I try to set it for, say 3:00 am, the boxes only show the prior day at 3:00am. So, again, how do I set the Breakout Box past 24:00 hours? Thanks. [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( [] [top](#toca) [previous](#m3) [next](#m5) 5. [Re: Stanford University Study - Trading Class Today]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_2fbf3ab0-4792-45d9-85b1-f8b1d0b15d7b@ConnectedCommunity.org?subject=Re: Stanford University Study - Trading Class Today) [Reply to Sender]( [James Edward]( Sep 26, 2017 2:46 AM | [attachment][view attached]( [James Edward]( Ted, and all, I've attached the Stanford University report on intraday price movement prediction in FX. (I don't know where the attachment will appear, so please check the top of my post and also the bottom - it's here somewhere). We know that price is more likely to move in the direction of least liquidity, and these researchers set out to discover if price movement could be predicted if the depth of market either side of the best bid/ask was observed for imbalances. They proved it could be, with as much as 81% accuracy. Let me give you some points to keep in mind when reading this report: First and foremost, they proved price direction can be predicted over very short periods. This totally contradicts what everyone "knows" that small time frames are just noise. Try finding any similar study on higher time frames! The reason they were able to prove this and make accurate predictions is because they looked at facts of market micro-mechanics, not hocus pocus . They know why and how prices move, and used that information to find an edge. Everything in this report is explained in detail in the CCT home study course if you'd like a more in-depth explanation of what is going on behind the scenes, and is exactly what our trading has been based on for over a decade. The predictions in this report were working in seconds. Their 81% accuracy was looking at the next 1 second. The prediction dropped to 64% at 2 seconds, and 57% at 3 seconds. You may look at that and wonder what good it is. Please bear in mind this is a scientific study where accuracy and certainty is essential. They chose a set of conditions to study and did not expand past them. What I mean by that is they looked only at liquidity supply imbalances and nothing else. This is amazing and far better results than I would have imagined. Just an imbalance of liquidity supply influenced future price movement between 57% and 81% predictability. But they did not consider the other side of the equation which is demand.... An imbalance of liquidity supply is enough to predict price movement. The reason for this is because, all else being equal, the price is more likely to move in the direction of least liquidity (as I'm sure you're sick of hearing me say). But when all else is not equal, the price will move even further for longer. So if liquidity is less on the ASK and greater on the BID, the price is up to 81% more likely to move up in the next 1 second and 57% in the next 3 seconds. But if a buy order is executed that is significantly bigger than a sell order that is executed, there is also an imbalance in demand that exaggerates the imbalance in supply. Although this particular study did not look at that variable, it is a fact that we can be certain of, and can sensibly conclude that the price will then be even more predictable in it's direction and duration. This is observable in the market via momentum! This report is a good read and hopefully it helps reinforce what we've been teaching over the years. If anyone has questions, let us know in here. ------------------------------ James Edward London ------------------------------ [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( ------------------------------------------- Original Message: Sent: 09-25-2017 23:17 From: Ted Davis Subject: Stanford University Study - Trading Class Today James, Today, in the live trading class with Brian Stickney, in response to my question, you indicated that you were going to provide the link to the Stanford University study on short-term divergence. I would like to read over this material.  Please let me know when the link can be posted. ------------------------------ Ted Davis Salt Lake City, Utah USA ------------------------------ [] [top](#toca) [previous](#m4) [next](#m6) 6. [Re: Stanford University Study - Trading Class Today]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_de01cb58-49e2-491d-86d0-0bafe4ce0276@ConnectedCommunity.org?subject=Re: Stanford University Study - Trading Class Today) [Reply to Sender]( [Ted Davis]( Sep 26, 2017 11:59 PM [Ted Davis]( James, I just got to my computer after a long day at the office, only to see that you had provided the Stanford University Study. Thank you for responding to my request. Very much appreciated. I will look this Study over with great interest (I have already scanned parts of it). Your narrative of what to expect in the document specifically supports the means and methods taught by you and others at CCT. The authors of the Study call it "adding depth". We call it "currency strength measurement", and frankly, it explains so much about the market mechanics of forex. Whether you call it momentum, divergence, imbalance, supply/demand, etc., one thing is clear: It is a standard/pillar of what makes all of this understandable, and thus, provides the utility to us as Traders for our benefit and profit. Thank you, again, James. ------------------------------ Ted Davis Salt Lake City, Utah USA ------------------------------ [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( ------------------------------------------- Original Message: Sent: 09-26-2017 02:46 From: James Edward Subject: Stanford University Study - Trading Class Today Ted, and all, I've attached the Stanford University report on intraday price movement prediction in FX. (I don't know where the attachment will appear, so please check the top of my post and also the bottom - it's here somewhere). We know that price is more likely to move in the direction of least liquidity, and these researchers set out to discover if price movement could be predicted if the depth of market either side of the best bid/ask was observed for imbalances. They proved it could be, with as much as 81% accuracy. Let me give you some points to keep in mind when reading this report: First and foremost, they proved price direction can be predicted over very short periods. This totally contradicts what everyone "knows" that small time frames are just noise. Try finding any similar study on higher time frames! The reason they were able to prove this and make accurate predictions is because they looked at facts of market micro-mechanics, not hocus pocus . They know why and how prices move, and used that information to find an edge. Everything in this report is explained in detail in the CCT home study course if you'd like a more in-depth explanation of what is going on behind the scenes, and is exactly what our trading has been based on for over a decade. The predictions in this report were working in seconds. Their 81% accuracy was looking at the next 1 second. The prediction dropped to 64% at 2 seconds, and 57% at 3 seconds. You may look at that and wonder what good it is. Please bear in mind this is a scientific study where accuracy and certainty is essential. They chose a set of conditions to study and did not expand past them. What I mean by that is they looked only at liquidity supply imbalances and nothing else. This is amazing and far better results than I would have imagined. Just an imbalance of liquidity supply influenced future price movement between 57% and 81% predictability. But they did not consider the other side of the equation which is demand.... An imbalance of liquidity supply is enough to predict price movement. The reason for this is because, all else being equal, the price is more likely to move in the direction of least liquidity (as I'm sure you're sick of hearing me say). But when all else is not equal, the price will move even further for longer. So if liquidity is less on the ASK and greater on the BID, the price is up to 81% more likely to move up in the next 1 second and 57% in the next 3 seconds. But if a buy order is executed that is significantly bigger than a sell order that is executed, there is also an imbalance in demand that exaggerates the imbalance in supply. Although this particular study did not look at that variable, it is a fact that we can be certain of, and can sensibly conclude that the price will then be even more predictable in it's direction and duration. This is observable in the market via momentum! This report is a good read and hopefully it helps reinforce what we've been teaching over the years. If anyone has questions, let us know in here. ------------------------------ James Edward London ------------------------------ Original Message: Sent: 09-25-2017 23:17 From: Ted Davis Subject: Stanford University Study - Trading Class Today James, Today, in the live trading class with Brian Stickney, in response to my question, you indicated that you were going to provide the link to the Stanford University study on short-term divergence. I would like to read over this material.  Please let me know when the link can be posted. ------------------------------ Ted Davis Salt Lake City, Utah USA ------------------------------ [] [top](#toca) [previous](#m5) 7. [Re: Record keeping]( [Reply to Group](mailto:COMPLETECURRENCYTRADER_generaltradingdiscussion_8172209d-5984-4a5a-a9f9-3f87b64f0dcc@ConnectedCommunity.org?subject=Re: Record keeping) [Reply to Sender]( [Jim -]( Sep 26, 2017 2:10 AM [Jim -]( ​I use Traders Way in the Dominican Republic and they email to me each day I trade, at the day's close, a Detailed report with everything you could possibly want. You can also see this info in the Account History Report which you can customize to your liking on the MT4 platform, as well. ------------------------------ Jim - ------------------------------ [Reply to Group Online]( [View Thread]( [Recommend]( [Forward]( ------------------------------------------- Original Message: Sent: 09-25-2017 04:03 From: Valerie Muir Subject: Record keeping Hi Roderick, I've only been trading Forex a few months, but I can only hope this will help. I'm using a downloaded MT4, my broker is Everfx.com in Cyprus, and there is a complete record of every trade, with all the details you are likely to want, beneath the chart. In particular, with a click, you can access a previous, trade/chart, and check the stop loss, etc. In addition, at the close of each day, I receive a fully detailed printout of the trades, which is useful for correcting some misinterpretations etc. So perhaps you need to change your broker! However, this may apply only to the downloaded MT4, not when trading on the broker's website. Get back to me, if there is still a problem, as I am most definitely not paying extra bucks for this! Valerie Muir. Original Message------ Please can anyone help me with details of a comprehensive record-keeping system for logging trades? It seems to me that it needs: a trade numbering system time date and pair involved a way of displaying screen shots for comparison or of linking to a screen shot file a section for noting the reasons you took the trade entry, exit and stoploss points gain or loss (as green win or red loss, perhaps) a section for post-trade analysis and notes on what could have been executed better Anything else I've missed I'm not familiar with spreadsheet packages so I don't know if this sort of set up can be achieved with the standard Windows/Open Office facilities. Anybody got a magic solution? Roderick Burdon ------------------------------ Roderick Burdon ------------------------------ You are subscribed to "General Trading Discussion" as {EMAIL}. To change your subscriptions, go to [My Subscriptions](. To unsubscribe from this community discussion, go to [Unsubscribe](.