Welcome Aboard Almo. Read & learn, but rest assured CrucialPoint is the only one that knows what he is doing with his method. Others are "Speculating" (NO Pun Intended)& some may truly have discovered what he is doing, but I doubt they have & that
includes ME. What I have discovered from all of the many posts from CrucialPoint is something that is working very well for me.
I discovered it from one of CrucialPoint's post that really has nothing to do with what I discovered, but that post got me to
pondering what he said & it led to what I discovered. Its NOT THE HOLY GRAIL, but it is working for me. The reason it is working for me is because it is so simple a 12 year old could do it once you show them. It requires NO TRADITIONAL INDICATORS. Seek out CrucialPoint's thread & read all he posted. Will you discovered what he is doing? Don't know, but you just might. From the
chart he post on this thread it appears complicated, but may not.
Best wishes to you in quest for knowledge. "It Is Better To Light A Candle Than To Curse The Darkness"
"Happy New Year"
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I seriously doubt I will be able to figure out what CP was doing, but I do look forward to the challenge. Glad to hear that you were able to use some of CP's nuggets of wisdom within your own trading.
So.....here is where I am at , and what I hope to find. Some of you may have already found it, others may still be on the same quest. And yet there are others that willl likely berate me for bothering to pursue this, which I understand. Its all good
CP mentioned quite a few things here he intended on discussing
Now it seems to me that this very discussion answered points 1 , 2 and 3.
I have no idea re: #4, but I suspect somewhere out in his 700+ posts, there is something , so that is what I will be researching
and then lastly #5 - this one I have a hard time with. For someone who was able to render down all the data down to one candle, and yet posts multiple posts with indicators....there seems to be something I am missing. I know what he said as to why he uses them ( cant find the specific post at the moment, but its within this topic) , but I think there has to be something else...
Hi almo. Your most welcome. It appears your hot on the trail that CrucialPoint left behind. Copy that trail so you can read it away from the glare of the screen. That worked better for me. Yellow highlight areas of interest. CrucialPoint reminds me of the elusive trail our friend Gann left behind. Many have been pursuing his well encrypted methods for years. Not really sure what Crucial is doing, but his chart looks covered with whatever is guiding him. If Crucial shared (which he said he wouldn't) his method most would probably never be successful trading it. That includes me. For me methods that I put together always works the best over the long term. Keep reading & you just might discover what Old Crucial has behind the curtain. Speaking of behind the curtain.......The Wizard behind the curtain in the Wizard of Oz was offering only elusions to Dorothy & friends. What CrucialPoint is sharing just might be an elusion to EVERYONE, but CrucialPoint.
Best wishes to you in your quest for the TRUTH.
Happy New Year to all our esteemed members of FoolsFactory!
There is ONLY ONE Edge necessary for every Strategy and across all markets regardless of your years of trading experience, knowledge or understanding.
"GET IT DONE (WITH FOCUS)" !!!!!
THIS IS THE KEY INGREDIENT TO ACHIEVE SUCCESS IN 2018. YOU AND ONLY YOU CAN FORCE THIS YEAR TO BE THE LAST YEAR OF STRUGGLE WITH TRADING.
STOP THE SPECULATION OF WHAT CRUCIALPOINT DOES, DEFINE YOUR OWN GOALS AND OBJECTIVES AND GET TO WORK WITH DISCIPLINE AND FOCUS. THERE IS NO SHORT CUT TO SUCCESS! LET THIS YEAR BE THE YEAR OF EXECUTION.
GOOD LUCK EVERYONE! MAY THE $ANGEL OF TRADING CAST HER MERCY AND GLORY INTO OUR TRADING ACCOUNTS
ANY SYSTEM needs at least 3 Different confirmations.
Fundamental + MA + Sentiments = Correct
Sentiments + Arbitrary + Price Action = Correct
Currency strength + Fundamental + Inside information = Correct
Volume + Sentiments + Fibs = Correct
agree with it. I have several post that indirect refers to it. About transcribing thought and ideas into another form. Transcribing anything into anything.
Transcribing any indicator into any other indicator. Its how I understood and how all things are related and can see all relationships between one another.
It is how I can take one concept from one idea and transcribe it into trading. How a predator hunts its prey and transcribe it into trading. How a sniper is also transcribed into a trader.
AS veefx has said it's possible for others to find a direction unique to themselves but they must incorporate certain understanding of these two quotes and understand many others which are not trying to find some secret code .but again I quote the 2nd quote which helps imensly.
take on board the guidance and create your own path that fits your gentical make up
I am of the firm belief, that 90% win rate scalping day in day out on tick charts (as CP claims somewhere) is not doable for a human - the tools he is using must have an edge. He might have gotten really fast at applying his tools, but HE is NOT the edge.
My initial take is that he is using the Influx indicator for the 2 MAs on the compressed tick chart and then calculates derivatives of Influx, similar to the greeks (https://en.wikipedia.org/wiki/Greeks_(finance)).
First comment: he is most certainly not using tick charts, unless his broker is a snail. I'm using Pepperstone with a rather normal tick feed and there I get over 150 ticks per minute from the FRA/LON through the NYO trading sessions. My screen can display around 1,400 bars at the most compressed zoom level, so that's about 9 minutes of ticks...his charts show approx. 1 hour of price feed.
I will try to reconstruct his trading screen and occasionally report back here.
My tests today suggest CP is using range bars :
I will therefore use range bars to base the indicator tests on.
CP uses tick charts from FXCM via their Trading Station platform.
Attached a screenshot of my initial tests based on 2 point range bars.
Either way, I'm giving each tick a time stamp in MT4 and can thereby overlay time based moving averages on all sorts of chart types: be it pure ticks, range bar or time based bars. It should be visible eventually, if mixing dimensions in a non-linear fashion is the basis for CP's magic.
The Influx lines "feel" slightly different from what I saw on CP's charts - are they just different period combinations?
The inflection points on CP's charts seemed to line up more, hence my initial guess at derivatives rather than different periods.
Same period combinations...but without the dimension-specific multipliers.
I created this kind of indicator based on tick chart before, the indicator can only be used in certain time, when signal triggerred and have carry through effect, most of the time, the indicator will randomly touch trigger point and snap back.
Do you also combine signal from other pair? or just one pair?
For anyone who have a strong desire to know CP method, there is someone willing to teach, someone who already know and trade with the method, but it comes with a price, I am just wondering if anyone want to share the cost and bear some of the risk, if you want to know more, pm me.
Hi GoldFinger, From all the previous interest in what Ole CP is doing you'll probably need to hire an assistant to help answer all the PM's that should
be flooding your box by now. I just don't think the Cat's Out Of the Bag though. Of course I may be wrong, but I wish you the best with your
discovery. Crucial Point might have just shared to much.
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