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Forex Trading Laboratory Thread, The Chimp`s "Forex Trades" in The Financial Markets; Here is a video trying to explain what to read on this oscillator... Basicly he should be a visual aid ...
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Re: The Chimp`s "Forex Trades"  

  #71  
Old 10-25-2007, 11:33 AM
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Here is a video trying to explain what to read on this oscillator...

Basicly he should be a visual aid to make more easy the understanding of wich wave we are riding on the moment and what to expect next for an inflection.... he is NOT used for timing, as the timing is done on the 1 min chart with our super vma`s... he only help us like a compass to tell us on wich wave swing we are riding, be it up or down... hope this brings more light on the issue.. cheers Walter.
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Thumbs down Re: The Chimp`s "Forex Trades"  

  #72  
Old 10-25-2007, 11:59 AM
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Originally Posted by PYenner View Post
Armand
The oscillator is quite wild and tends to get me in trouble when the blue line is flat, the thing that moves the most seems to get my attention.
For my own sanity I now tend to wait for the blue line to trend before I get excited.
I think the short fast movements during consolidation get ahead of 5min indicators and they become contradictory. Concepts like overbought or lazy are some use with the oscillator but it helps if there is trend which tends to give longer (time) cycles which suit 5min indicators better, then they are more in step with the action.
Unfortunately we seem to have had a lot of flat blue line recently which has not helped at all.
Regards Bruce.
Bruce;
Will you please explain the concept of the oscillator?
Which quantities it involves and the physical meaning of its construction?

Thank you.
Unicorn.
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Re: The Chimp`s "Forex Trades"  

  #73  
Old 10-25-2007, 12:09 PM
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Originally Posted by unicorn View Post
Bruce;
Will you please explain the concept of the oscillator?
Which quantities it involves and the physical meaning of its construction?

Thank you.
Unicorn.
Why the thumbs down icon on your post ??
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Re: The Chimp`s "Forex Trades"  

  #74  
Old 10-25-2007, 12:29 PM
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Hi Walter,

Nice clean charts Walter...a beauty to watch. I had been leaning a little heavy on the oscillator while I am getting used to your set ups. Thanks for clearing that up. I'll need lots more screen time.

The oscillator seemed to be working so well yesterday and this morning I was using it's turning points on the 5 min and looking for entries on the 1 min. Probably a bad idea.

Thanks
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Re: The Chimp`s "Forex Trades"  

  #75  
Old 10-25-2007, 12:41 PM
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Originally Posted by sundowner View Post
Hi Walter,

Nice clean charts Walter...a beauty to watch. I had been leaning a little heavy on the oscillator while I am getting used to your set ups. Thanks for clearing that up. I'll need lots more screen time.

The oscillator seemed to be working so well yesterday and this morning I was using it's turning points on the 5 min and looking for entries on the 1 min. Probably a bad idea.

Thanks

Gorgeous charts there Sun ¡¡ well sometimes its tempting to use the oscillator for timing... but vma`s on 1 min will normally do a better job... the oscillator its just an easier wave reader sort to speak...

How many pips you could had cashed there ¡¡¡ wow man... love to see others charts ¡¡ keep them coming... videos also welcomed with your experiences and also questions as well ¡¡ cheers Walter.
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Thumbs up Re: The Chimp`s "Forex Trades"  

  #76  
Old 10-25-2007, 12:56 PM
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Originally Posted by Blu-Ray View Post
Why the thumbs down icon on your post ??
Blue Ray
I have used a rotating gear, the second icon from left, on the top line. Certainly not a "thumbs down".
As a matter of fact, this set of "post icons", that is displayed on my screen, does not have a "thumbs down".

Do you have a different set of post icons?? Please post a picture of the post-icons that are displayed on your screen.

This could create serious misunderstandings.

Could the moderator please look into this?

Thanks.

PYenner, I certainly hope that your pc displays the rotating gear.

If not, I must say that the "thumbs up" icon, the right most on the second line, is most appropriate for the indicator. I used the gear as a symbol of action, thinking.

cheers
Unicorn

ps I placed a "thumbs up" on this message and a smilie right here the leftmost on the first line of smilies
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Wink Re: The Chimp`s "Forex Trades"  

  #77  
Old 10-25-2007, 01:03 PM
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Originally Posted by unicorn View Post
Blue Ray
I have used a rotating gear, the second icon from left, on the top line.
This is how the post is displayed on my screen.
And the current post message has the icon of a red bug.
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Re: The Chimp`s "Forex Trades"  

  #78  
Old 10-25-2007, 01:03 PM
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there might be something working wrong there as for me it appeared as a rotating star like icon... no worries unicorn...
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Re: The Chimp`s "Forex Trades"  

  #79  
Old 10-25-2007, 01:05 PM
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Originally Posted by unicorn View Post
Blue Ray
I have used a rotating gear, the second icon from left, on the top line. Certainly not a "thumbs down".
As a matter of fact, this set of "post icons", that is displayed on my screen, does not have a "thumbs down".

Do you have a different set of post icons?? Please post a picture of the post-icons that are displayed on your screen.

This could create serious misunderstandings.

Could the moderator please look into this?

Thanks.

PYenner, I certainly hope that your pc displays the rotating gear.

If not, I must say that the "thumbs up" icon, the right most on the second line, is most appropriate for the indicator. I used the gear as a symbol of action, thinking.

cheers
Unicorn

ps I placed a "thumbs up" on this message and a smilie right here the leftmost on the first line of smilies
Apologies for the confusion, yes it shows a rotating gear, but when you hover the mouse over that icon, it say thumbs down.

No offence intended at all

Cheers

Blu-Ray
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Re: The Chimp`s "Forex Trades"  

  #80  
Old 10-25-2007, 01:07 PM
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Originally Posted by unicorn View Post
This is how the post is displayed on my screen.
And the current post message has the icon of a red bug.
There must obviously be a bug in the system....no pun intended, because that red bug says wink.
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