Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

thalestrader

Reading Charts in Real Time

Recommended Posts

And that is what a -1R full stop looks like, and that is what a stop loss is for.

 

Best Wishes,

 

Thales

 

That sorta came outta nowhere, thank goodness for the SL. Aussie just had a rate decision at that point and shocked with no raise. Market expected 25bp.

Share this post


Link to post
Share on other sites

You guys work way too long in here. Let's just convert this to a CL only trading thread and then we can all be done no later than 230pm EST and enjoy the fruits of our labors.

 

;)

 

I'm kidding about changing to a CL only thread.

But not kidding about you guys working too much.

Share this post


Link to post
Share on other sites
And that is what a -1R full stop looks like, and that is what a stop loss is for.

 

Best Wishes,

 

Thales

 

Reaction to the three pushed up. I didn't know of this, when I wrote my first comment; have no intraday currency charts on the PC at my home.

Share this post


Link to post
Share on other sites

At lower low would stop me

attachment.php?attachmentid=18725&stc=1&d=1265105394

 

ADD: range contracts during last three bars.

 

ADD: range expands to average and 2nd target is reached

attachment.php?attachmentid=18728&stc=1&d=1265106068

 

ADD: break even for 2nd Long

attachment.php?attachmentid=18729&stc=1&d=1265106923

 

ADD: stopped at break even

tl-14.thumb.png.5ba33209cf8d20b1b7871f07800f6907.png

tl-16.thumb.png.61e2c1748f2331d0b929068f07c18e6d.png

tl-17.thumb.png.d4a2071018d26384d52530d7f85571f6.png

Edited by Marko23
End of trade

Share this post


Link to post
Share on other sites
I hope you'd reconsider. If we just ignore the idiots and trolls, they will get bored and leave. If we leave instead then this will just be another ET where the trolls rule that is good for no one.

 

Seconded. Though as usual I am a couple of days behind and the drama has been erased. (i don't mind drama once in a while)

Share this post


Link to post
Share on other sites
Posting Live Trades in Real Time

 

 

Perhaps we define the number of bars we want to tolerate after a signal showed up and if it is neccessary to publish an upcoming signal.

 

Personally I feel a special disadvantage from posting: often it gets me out of "the flow". Publishing takes some time and is a disruption of trading; one has to sync with the market afterwards.

 

How do you care about switching back and forth between TL and your charts?

 

On point one a 'time stop' is perhaps not a bad idea. With a BO momentum should develop quickly after all.

 

On the second point I work on a 17" macbook pro running windows (through bootcamp). It is kind of cramped. I did try posting a couple of sequences but as they where fast charts (2 min DAX) it didn't feel to good. I did find benefit in annotating but it was hard to keep up.

Share this post


Link to post
Share on other sites

Another Long, a bit late

attachment.php?attachmentid=18730&stc=1&d=1265110655

 

Stop at break even, might drift sideways.

 

Stopped at break even, was too tight.

 

1st target reached without me, moved stop too fast.

attachment.php?attachmentid=18731&stc=1&d=1265111614

tl-18.thumb.png.07931ea01daa039694978cee92c6a36e.png

tl-19.thumb.png.f1f75b651e3b0fbbf679b3d76a955af5.png

Edited by Marko23
End of trade

Share this post


Link to post
Share on other sites
On point one a 'time stop' is perhaps not a bad idea. With a BO momentum should develop quickly after all.

 

On the second point I work on a 17" macbook pro running windows (through bootcamp). It is kind of cramped. I did try posting a couple of sequences but as they where fast charts (2 min DAX) it didn't feel to good. I did find benefit in annotating but it was hard to keep up.

 

Thales suggested to show the signal level with initial stop and targets in advance. If it doesn't trigger that doesn't matter; nobody knows the future. The trigger is no prognosis only a possibility.

Share this post


Link to post
Share on other sites

Warning: Hindsight Chart Ahead!

 

Hi Folks,

 

Here is the 6E (EURUSDD futures) 15 minute chart.

 

 

attachment.php?attachmentid=18733&stc=1&d=1265115813

 

Last night, I was long on the sequence represented by the dotted lines, and I was stopped out for a full, -1R or one whole risk unit loss when an external event, in this case, the Aussie rate announcement, caused the market to swoon (it actually looks far more dramatic than it was: from high to low of that move was a mere 33 ticks). At any rate, I went to bed soon after. However, as you can see by the trade sequence represented by the solid lines, the -1R loss would have been quickly recovered as this trade would have, if managed according to the approach I have shown here, resulted in a 2R profit.

 

I of course did not take this trade as the sequence was not clear (at least not clear enough) to keep me up any longer. The point is not to make this a shouldawouldacoulda. You can't be awake for all of the opportunities, after all. The point is that if you use proper money management and always keep a worst case, -1R stop in the market, and use an approach where your average winner is grater than your average loser, and equal to your worst case loser, then the hard work is done. It really is.

 

Once you find the approach that allows you to know what to expect over time, money management takes over and keeps the results moving in a positive direction overall. I still have my -1R loss, and I am still waiting for my +2R win to recover it. WIll that be my next trade? Maybe, maybe not. My next trade could very well be another -1R loss. I do not know, nor do I need to care. I need only to keep taking my trades as the sequences present themselves, apply proper money management in the process, and all is and shall be well. Money management combined with a simple approach takes the pressure off of any particular trade.

 

Best Wishes,

 

Thales

 

Best Wishes,

 

Thales

5aa70fc111861_2010-02-026E1RLoss2RWin1.thumb.jpg.63ef5127c01818274e31a7c67786705f.jpg

Share this post


Link to post
Share on other sites
Thales suggested to show the signal level with initial stop and targets in advance. If it doesn't trigger that doesn't matter; nobody knows the future. The trigger is no prognosis only a possibility.

 

With that in mind, here is one I'm looking at at the moment. Looking at the daily we could have seen 2 pushes lower with a third to come? Entry on H4 with TP as marked. Once / if this is reached then I will trail the rest behind H4 swings.

 

5aa70fc11c58c_eurgbp-100202d1.thumb.jpg.46c440c2e06fbb815744785676f06eaf.jpg

 

5aa70fc121abf_eurgbp-100202h4b.thumb.jpg.0db15d9a06e4aa4676986a5af7c03f42.jpg

 

 

Kind regards

BT

Share this post


Link to post
Share on other sites

Hi Thales - I was wondering, if you had a time stop on any of the trades.

eg; you have an entry point - and either get stopped out, take profits or GET TIMED OUT.

 

I have attached a live time chart - posted previously - now updated:)

If it continues to go side ways, without really moving do you have a "stuff this I'm out time frame"?

or possibly just keep amending the stop down?

 

thanks.

 

attachment.php?attachmentid=18737&stc=1&d=1265119144

FESX.png.b08f75b57e704a763d1ab77b9cf92c1d.png

Share this post


Link to post
Share on other sites

EUR/USD: Long with the trend

attachment.php?attachmentid=18738&stc=1&d=1265119609

 

Triggered, but no follow-up. Will get out at break even or better if no HH develops.

attachment.php?attachmentid=18741&stc=1&d=1265122147

 

Touched 1st target

 

Stopped at break even

attachment.php?attachmentid=18742&stc=1&d=1265123113

tl-21.thumb.png.db5da514e524f87c5d5362778a28e61c.png

tl-23.thumb.png.feef0e9b272785794f53c57d8d29ab16.png

tl-25.thumb.png.6ecdb9fc2385e868a98247416e3e8134.png

Edited by Marko23
Update

Share this post


Link to post
Share on other sites
Hi Thales - I was wondering, if you had a time stop on any of the trades.

 

Hi DugDug,

 

I do not have any formal time-type stop. I usually like to enter when the maarket is starting to swing, so if I set a buy stop and price goes sideways for a long time without stopping me in I will sometimes cancel and wait for a new opportunity. I try to let price determine whether I am in or out as much as I am mentally able. In your current trade, for example, I see a low, a high above your entry point, and a potential higher low. If I were in that trade, my stop loss would probably be above that high above your entry. But that is me, and that does not make it right or wrong, it only makes it me. You have to do what's you, right?

 

Best Wishes,

 

Thales

Share this post


Link to post
Share on other sites

Thanks Thales - for me a time stop is important, as I prefer to see acceleration, within a few bars, for certain trades - this would be one of them.

 

So I shorted at 2811 (not actually where it might look like - but on the bar that closed below the line. I'll get more accurate on that for future reference.;))

 

buying back now at 2813., short below 07 again - looking for acceleration again.

(I guess all this might lead to over trading - arrrghrhh!)

Share this post


Link to post
Share on other sites

EUR/USD retraced into the 62% zone; trend is (still) up.

attachment.php?attachmentid=18743&stc=1&d=1265124190

 

Long again or Chop Mode!

attachment.php?attachmentid=18748&stc=1&d=1265125217

 

At measured move target, forget chop mode

attachment.php?attachmentid=18747&stc=1&d=1265125081

 

I'm out at the mm target, will switch off soon.

tl-26.thumb.png.ea492934b2ea5fdcce8578ddb9bbf0ae.png

tl-31.thumb.png.79011af7e0a44d684594b3663c103475.png

tl-27.thumb.png.6e607a27d019315f8f31962ba407b5ba.png

Edited by Marko23
Update

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.