musketeer

I really think that current COT is important....
 

http://www.cashbackforex.com/articles/view/tabid/364/ID/314/Default.aspx

Thanks man

Hi JJames,
for sure googling for "basket trading forex" will reveal many thoughts on it, including the scripts/eas

I must come in with explanation.
VSA IS NOT a signal software.
It's the ANALYSIS of market background WHICH gives You BETTER view insideout for the market, actually to BOTH sides of the market.
 
The problem is, that... even if we gain people from all this forum and collect our monies its only a drop in the ocean of FX capital traded EVERYDAY. THE REAL problem is... that being a (so called) "herd" means "sheeps" we see only the ONE SIDE of the market, cause we see only the moving price, BUT... we dont see WHO is moving the market. VSA gives You this opportunity. BUT also remember that THERE ARE opponents in the FX market.
 
the FX has a double bottom... which is professional money traded by Big Boys.
If it wouldnt be so hard... people wouldnt loose so easily. And I'm not talking about MM or psychology.
As Wyckoff said "The behaviour of the herd is well documented through the ages". What does it mean in a simple words ? that when a "trading sheep" (means individual) see the price is nice trending and moving up wants to catch the train, BUT... very OFFENLY he does not realize that it's just the trick of BBoys to gain more, because the FX is STRICTLY connected with bonds/futures/options market. But of course You know that.
 
That is why... ANALYSIS of volume MUST BE IN COMPLETION with price and spread and overall conditions, cause there are MANY people sitting there and ALSO playing against of each other.
 
Sorry for caps, sometimes it goes to the brain better :)

Hello,
 
Ive been busy converting the MT4 script in to an Indicator. At present it's 90% done. I plot it on a chart and as soon as my broker hits midnight the levels appear straight away for the next day! Also it can keep the old lines for specific number of days in past...
 
here is a sneak peak:
 
http://img854.imageshack.us/img854/3748/eurusdsl.gif

Use this free tool
 
http://imgur.com/
 
And never give out your email in chat rooms..
 
Good trading wishes

Euro markets steady ahead of Spain auction, ECB
 
(Reuters) - Euro zone sovereign bond markets steadied Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis.
 
Yields of Italian and Spanish 10-year bonds fell in early trading before an auction in which Spain planned to sell up to 3.5 billion euros ($5 billion) of government paper after crisis telephone consultations with European Union authorities.
 
Japanese authorities acted to bring down the strong yen, joining Switzerland in efforts to tame currencies buoyed by safe-haven demand from investors fretting about the health of the global economy and the euro zone's debt woes.
 
All eyes were on the ECB, with the chief European economist of credit ratings agency Standard & Poor's urging it to re-activate its bond-buying program to stabilize battered euro zone sovereigns.
 
"Markets are still moving so we need someone to intervene," S&P's Jean-Michel Six said. "The only effective fireman capable of rushing out of the fire station at top speed is the European Central Bank, which has played an admirable role since the start of the crisis to calm markets.
 
He told France-Inter radio that until a contagion-fighting plan adopted by euro zone leaders last month came into effect, which requires parliamentary approval in some countries, the ECB had to play an interim role.
 
The controversial ECB program has been dormant for four months and there is strong opposition to reviving it among guardians of central banking orthodoxy in Germany who argue it compromises the core mission of fighting inflation.
 
The ECB bought 76 billion euros of sovereign bonds, believed to be only Greek, Irish and Portuguese, to stabilize markets last year but critics said the Securities Market Program had only limited, short-term impact and did not prevent any of those countries from requiring EU/IMF bailouts.
 
Spanish Economy Minister Elena Salgado, speaking on Wednesday night after a crisis meeting on the economy with Prime Minister Jose Luis Rodriguez Zapatero, said the bond sale would take place as scheduled despite a surge in Spanish and Italian bond yields to 14-year highs in the past several days.
 
"We think the tensions will last a few more days, but the bond auction will go ahead Thursday," Salgado said.
 
The yield on Spain's 10-year bonds climbed as high as 6.50 percent Wednesday because of investor doubts about Madrid's ability to continue financing its debt over the long term, before drifting back to close at 6.27 percent. It fell a further 21 basis points against benchmark German Bunds in early Thursday trading.
 
Italy's 10-year yield fell back below the psychologically important 6.0 percent threshold, with some traders saying they expected the ECB could act, either with a longer term repo or secondary market bond-buying.
 
"DESPERATE"
 
Analysts say that if yields go much higher and stay there, markets could force Spain, the euro zone's fourth biggest economy, to follow Greece, Ireland and Portugal in seeking an international bailout.
 
"Hearing Zapatero had canceled his holidays showed the situation was desperate. The 7 percent (yield) mark is a psychological barrier and is just not sustainable because it's far too costly to finance at these levels," said Jo Tomkins, analyst at consultancy 4Cast.
 
Euro zone leaders agreed at a summit last month to give the bloc's bailout fund sweeping new powers to help indebted states and intervene in the bond market, but the changes are unlikely to be passed by national parliaments until late September at the earliest.
 
If the ECB does not revive the program, central bank president Jean-Claude Trichet may at least indicate willingness to use it if the crisis worsens, some analysts believe.
 
The ECB, which has raised official interest rates twice this year, may also signal it will put any further tightening on hold because of slowing economic growth in the euro zone and globally, even though inflation is well above target.
 
Japan sold one trillion yen ($12.6 billion) and its central bank eased monetary policy Thursday to try to push down the yen against the dollar and euro.
 
Economy Minister Kaoru Yosano said policymakers of major economies needed to discuss currencies at either Group of Seven or Group of 20 level -- the first official call for multilateral action since twin crises over U.S. and euro zone debt became acute last month.
 
Official sources in several G7 countries said Wednesday they were not aware of any move so far to involve the G7 or G20, but that France, which holds the chair of both groups this year, might consult those forums if the turmoil persists.
 
In Italy, the euro zone's third biggest economy, Prime Minister Silvio Berlusconi promised Wednesday to step up economic reforms and called for a broad-based effort in the country to fight the market turmoil.
 
"The government and parliament will act, I hope, with a large political and social consensus to fight every threat to our financial stability. Today more than ever, we need to act all together," said Berlusconi, in a speech which did not give substantial new details on policy.
 
Berlusconi is due to meet employers' groups and unions on Thursday to try to thrash out a plan to stimulate the economy. But the head of the largest union, the left-wing CGIL, responded coolly to his speech.
 
Susanna Camusso said it lacked concrete proposals, and that negotiations were already "getting off on the wrong foot." The leader of the opposition Democratic party, Pierluigi Bersani, said Berlusconi should resign.
 
In addition to Italy and Spain, some investors are becoming jittery about the finances of France, the euro zone's second biggest economy. The spread of 10-year French government bonds above German Bunds hit a euro lifetime high of 0.81 percentage point Wednesday.
 
This is problematic partly because any lasting solution to the euro zone's crisis may have to involve a drastic expansion of its 440 billion euro bailout fund. That would put a greater financial burden on France, a big contributor to the fund, and could push up its yields further.

Perhaps building a brokerage is not easy task, but there is a lack of information on the site for sure that just *can't* miss:
 
1.What is minimum deposit for account opening
2.What is the maximum
3.What are the commissions
4.What is the leverage
5.What is the minimum lot size of trading allowed, step of units
6.What is the regulation (current or future)
7.Where the money goes? To which party?
etc....
am sure you know all that well, but we need to know as well, because these are our own money...
 
I know (at least I think that) some of the answers, but please clarify

Dear Musketeer,
 
Thanks for your words! :)
 
A; We usually do not disclose much on our LP's, but we can tell you you get prices from 10 major banks anytime you are trading with access to very deep liquidity pools. And yes BM is one of our bridges to LP's; through this bridge we plan to issue (through the correspondent banks structure) Visa cards which you will be able to get loaded virtually in minutes after you profit in the market. You can check our instruments chart and spreads on each instrument; EURUSD average is between 0.4 and 0.6. Silver is 0.2 and so on...
 
 
 
B; thanks for your comments on our platform! We have tried ourselves live scalping and our live customers get instant execution too! The commissions apply partially to the real account. Because it lowers (in real acc) for deposits above 5k USD.
 
Kindest regards!!!

Apologize .. forgot to post .. thus late ..:(
 
This data is based upon COT reports of 7/26/2011 published by the US Government at 3:30pm ET on 7/29/2011. This email was sent at 3:39pm 7/29/2011.
 
http://www.multiupload.com/7DSK7L6FW3
 
Good trading wishes

I really think that current COT is important....
 

http://www.cashbackforex.com/articles/view/tabid/364/ID/314/Default.aspx

http://www.mirrorcreator.com/files/CPUVFEUT/Progr_1.9.rar_links
 
So, thanks to Bonten, here it is

IBFX gives some stuffs to their clients
one of them is CPR
here it is "edu"

http://mir.cr/P6AWPZJC

Ok, I think more traders try it, more opinions. So, I will publish dwnld links... found somewhere...
Appreciate Dukeaugustus's effort and sequence!
 

HHT.rar (44.28 KB) http://www.multiupload.com/WYDQ5A5HEO HHT.part1.rar (380 MB) http://www.multiupload.com/CZGYIXXBS9 HHT.part2.rar (380 MB) http://www.multiupload.com/P0Q6XD2GEF HHT.part3.rar (371.35 MB) http://www.multiupload.com/60WU4ESKLD
 
some mirror

HHT.part1.rar (380 MB) http://mir.cr/1RYQZBVK HHT.part2.rar (380 MB) http://mir.cr/1C6F09HT HHT.part3.rar (371 MB) http://mir.cr/HKVPO521 http://mir.cr/0NVHZOVU HHT.rar (44 kB)
 
its full HH course

hXXp://www.cot4metatrader.com/
 
Dear Traders,
 
COT4MetaTrader.com is pleased to provide you with the latest COT data for use with the new version of the COT4metatrader indicators:
 
Commitment of Traders Index-01.ex4
Commitment of Traders Net Positions-01.ex4
Commitment of Traders Open Interest-01.ex4
 
 
This data is based upon COT reports of 6/7/2011 published by the US Government at 3:30pm ET on 6/10/2011. This email was sent at 4:18pm 6/10/2011.
 
Download data 6/10/2011 after installing the required indicators from main site
 
http://www.multiupload.com/N4MXL8SCS8
 
Good trading wishes to all

Hi Hakim314, you are giving new blood to this thread. Thanks for all your efforts to build an even better system. and not forgetting of course, tips about indicators and sites. Thanks my friend.

Good observations Mr Hakim. You can also try looking at price extension from a simple curve fitted SMA. Buying climax that bring profit selling have large angle between price and SMA on large range and large volume bars.
 
After a buying climax, there are 2 types of selling signature. 1/ weak long positions liquidating 2/ strong hands liquidating
 
You can tell difference by analysis of tape speed and tape strength
 
Weak sellers the tape is lazy and slow. It act like a sleepy drunk person. You see fake selling that will take out bids couple levels down, this is sucker those who get anxety to enter before bar is complete. This happen all the time in emini nasdaq.
 
UpTrend reversal selling happen like flash. Price hit a power leve and reverse all the way in eyeblink. You watch confirm with large volume bar. This is real selling.

i tested this one my self, works great
im using it to trade multiple accounts of my own, on my mobil
it runs on my pc at home
 
i did heavy research, this one was my choice, actually it is the only one i was able to get working
 
its the same one i minchined a few posts back
i would post it here, but theres many posts with instructions
 
iv actually chatted with the creator, all the files are source, no hidden agenda's
 
i reported some bugs i found, and he fixed them
 
however it might be limited, i am using it on 3 accounts
it seems to lag my internet on the trade sender ea
it works, but i notice when i browse the web on that computer
it loads pages slow, like when running a p2p program
 
it works for me because i have multiple computers
i designated one computer for running the trade sender only
 
you could run it on a vps
 
www.forex-tsd.com/metatrader-4/26228-trade-copy-ea.html
 
it takes the creator a week or so to reply
 
 
but the best is https://signalcopy.com/products.html#2

Press the "report" button musketeer whever you see advertsing like this - the mods will normally act swiftly to delete these characters from the forum. This guy has made 3 posts all referring to the same site.
 
As for leeb77 - what's happened to these gems of knowledge? Is that it lol?

Ok, I think more traders try it, more opinions. So, I will publish dwnld links... found somewhere...
Appreciate Dukeaugustus's effort and sequence!
 

HHT.rar (44.28 KB) http://www.multiupload.com/WYDQ5A5HEO HHT.part1.rar (380 MB) http://www.multiupload.com/CZGYIXXBS9 HHT.part2.rar (380 MB) http://www.multiupload.com/P0Q6XD2GEF HHT.part3.rar (371.35 MB) http://www.multiupload.com/60WU4ESKLD
 
some mirror

HHT.part1.rar (380 MB) http://mir.cr/1RYQZBVK HHT.part2.rar (380 MB) http://mir.cr/1C6F09HT HHT.part3.rar (371 MB) http://mir.cr/HKVPO521 http://mir.cr/0NVHZOVU HHT.rar (44 kB)
 
its full HH course

Two new aspects brought today night:
1- VSA - Dead zones - is a term describing zones on the chart when VSA signal is VALID ONLY with excessive high volume with this signal like Upthrust, or Climaxes. If the volume is below average or a "healthy one" - it takes usually a few moments when price will go in expected direction, unfortunately sometimes shaking out those who does not realize it.
 
The good example is here:
http://img43.imageshack.us/img43/4496/todayguat2.png
 
BIG RED DOT is a Buying Climax, but the BetterVolume bar should be white or red (as I remember) means extremely high volume. I know I know that mt4 has no "real volume" but since then these signals works great. The price AFTER Climax did nt collapse as usually after BClimax, but rised up and the after an hour starting fall closing a trading day and week.
 
Do You thing that we can expect gap ?
 
BTW, does somebody know what happened there that price rised 1400 pips in a few moments ? any newses ? or newses from US ?
 
The second issue is: MurreyMath lines.
In fact they are very similar to our levels, but LESS accurate as I saw.
BUT there are specific trading rules saying about time/price relation around these levels. I.e. when price will go through Top/Bottom trading range it will stay there till the end of the day testing Top/Bottom.
When price goes in the zone between Bottom/Top trading range it will stay in this zone - 20% of time etc.
 
I reminded that when I put a pic when I saw that price came to the chart at 00:01 at PL-1 and went up, it was Top TRading Range area, and IN FACT, the price stayed there for the whole day as I remember. Can You check it by Your own ?
 
Maybe this is another CLUE for trading our powers: just apply statistics :) There has to be just some reason why price behave so accurate with these (Murrey) levels and we also know that our capital means nothing in the ocean of fx session.
 
Now I have an idea to apply it to our powers, but Murrey and Powers at the same chart is too big mess. But some lines could cover (doesnt matter put or call I think cause Murrey line will strengthen this level), so maybe idea is to fix 1 and 2 method combining together.
 
Another clue from Guede (thanks Maestro :-))
If You are waiting for resistance or supp to be broken when price is comming, look at the volume when testing this level. Price is a locomotive, volume is a fuel in the hydraulic system. Stronger s/r levels need more gasoline to break the wall :)
 
THIS HOW IT LOOKS this week, 1H chart, EU. Pretty amazing isn't ? :)
http://img231.imageshack.us/img231/466/volandmml.png
 
The pure PA formation last day is Head and Shoulders as You see - means Weakness.
Pink bar at 12Jul is a DownBar (acc. to VSA) - coz is closes in the middle, the next should be Effort to rise to push price higher, then volume decrease the rest is psychology of Masses.
 
And this is how Power and MML exists together: quite interesting lesson :)
http://img849.imageshack.us/img849/2416/mmlandpowers.png
 
 
What You think Guys and Girls ? Pls, we need here BrainStorm. All advices needs, no wrong answer, all ideas are good. Wake up Your mind and give it :)

And the cherry at the cake :) Beast I think You will like it even more :) or You have it.
One-clicker
OneClick to open/ close, manage trades.
Free tool.

For those who like VSA - SmartMoneyTrader subscribe for real time trading alerts.
As I see their identification base on 1H and OP trade is on the next candle, so You will have a time to react.
 
And it's free as I see, I subscribed in Thru but no signal yesterday:

 
Wish You harvest green pips :))

IBFX gives some stuffs to their clients
one of them is CPR
here it is "edu"

http://mir.cr/P6AWPZJC

try it
 

http://www.mirrorcreator.com/files/1K4ZKPQM/IBFX_-_CPR_.mq4_links