Watching for transactions with ripple-lib

watch.js

var ripple = require('ripple-lib');
 
var remote = ripple.Remote.from_config({
//  "trace" : true,
  "websocket_ip" : "122.70.133.11",
  "websocket_port" : 5006,
  "websocket_ssl" : false
});
remote.connect();
 
// This would watch all transactions on the whole network
//
//remote.on('transaction_all', function (e) {
//  console.log("TRANSACTION", e.transaction.TransactionType, e.transaction.hash);
//});
 
// This watches for new ledgers
remote.on('ledger_closed', function (e) {
  console.log("LEDGER", e.ledger_hash);
});

// This watches for any transactions that relate to Bitstamp (rvYAf...)
//
var account = remote.account('rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B');
 
account.on('transaction', function (e) {
  console.log("BITSTAMP TRANSACTION", e.transaction.TransactionType, e.transaction.hash);
});