Squawk / 11 October 2016 at 15:34 GMT
Financial Systems Advisor / Quantitative Investments Inc
Canada
EURGBP is running, however lovely this is, I have decided it's far enough and shut down the algo
11 October
fxtime fxtime
Yeah it seems overheated now and I have done the same :-)
11 October
Qi2 Qi2
I imagine if one applied the standard deviation to the GBPUSD we would be on its outer edges...
11 October
fxtime fxtime
FWIW I have a one touch binary running on the cable targeting 1.2400 ...one week duration and 20% stake size so risk is defined. This is the 8th consec declining day and the overview is 7.77 days equates to std devs hence my contrarian position.
11 October
fxtime fxtime
eg drowning in ice cream correlation stuff if you see what I mean? LOL
11 October
Qi2 Qi2
Hahaha, that should play out well, as GBPUSD should reverse anytime... it's being slaughtered and frankly nothing fundamental has changed, brexit may even be an improvement fundimentally
11 October
fxtime fxtime
liquidity spirals etc....adx/dmi show selling is due to existing long positions selling out to close their trades as opposed to more short trades being opened.
11 October
Qi2 Qi2
Serious volume in total contracts with the big boys :)
11 October
Qi2 Qi2
This is only matched trading, I have no way to know what was done by phone, or any direct inter-creditor trades, etc
11 October
zefy zefy
Perhaps not the best time to test new version of EURGBP algo LOL
11 October
Qi2 Qi2
Haha, yes its probably best to leave today as it is, overall a very good run. Maybe best to use a demo :)
11 October
Qi2 Qi2
WOW, really? I should trade GBPUSD again, what a run, kinda sad I didn't get a part of this breakdown, truly spectacular!
11 October
zefy zefy
I thought it was too extended already :)
11 October
fxtime fxtime
46pip trade entry certainly performed LOL.
11 October
zefy zefy
:)))
11 October
zefy zefy
Last trade my 1min bar demo has done
2016-10-11 2:06:00 Rule1 Buy 0.9011
There must be an error somewhere LOL..... Promising anyway...
11 October
fxtime fxtime
To be honest Zefy I thought the eurgbp was stretched too. The 46pip entry refers to the cable obviously. My eurgbp trades are ratio driven only.
11 October
fxtime fxtime
Wow you too run tight time frames !!
11 October
zefy zefy
Got inspiration from Qi2 :)
11 October
fxtime fxtime
Indeed.....I am curious on how the uber tight time frames perform :-)
11 October
zefy zefy
In previous version I was uncomfortable big amount of trades it does. Latest version has reduced trades: seems now most of the unnecessary trades happen during night time and catches trends better during day time. Need more analysis though...
11 October
zefy zefy
Code looks pretty ugly now, need to reserve next weekend for housekeeping activities. Every time I get really enthustiastic I tend to return to original Kernighan&Richie style C and forget all fancy C# naming rules etc... LOL. Luckily it is only me who need to read it, wouldn't pass any code inspection.
11 October
Qi2 Qi2
Zefy, I'm impressed that you can code, I wish I could, would save me a fortune in engineer cost

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail