IN SEARCH OF AN EFFECTIVE APPROACH.
First of all I apologize because English is not my mother tongue and what you're reading is the result of a translation made by the "wise" google.
Similarly notice that I am not, nor say, nor pose as guru of anything less in FOREX and I discuss some ideas that just the result of several years of market observation and test each system, but they are hardly that, ideas to be developed and discussed by a group. I think that after Jesus, the greatest man that has existed in humanity is called René Descartes the father of Cartesian method, then for our effort deserves to be called science, from the moment we put all the quotes to the "methodical doubt" then at this point, on the subject addressed, there is no real truth so far, other than that nobody knows with complete certainty to where you can take the next pip. That is a truth that can verify that that is more than 10 minutes in front of a screen, but we forget that many, when we begin to apply indicators, methods and theories.
Hypothesis.
There are many methods based on the breaking of a support or resistance, the differences are only circumstantial, may be the 123, which is based on the breaking of a recent support or resistance, the crossing of moving averages that are more than others support or resistance mobile mouteki system or from Demark, I will not engage in who the real father, but that is the breaking of a recent trend line, ultimately a support or resistance on this occasion called trendline . The system also Vegas bet on breach of support or resistance, this time drawn by emas of 140 among others and thus, countless methods all based on the breaking of a support or resistance and measure call differently.
All systems have some credibility, when the price crosses the support or resistance as a hot knife in butter, but lost followers when the price rallies lateralized and indefinitely or when returned and lost us the order of SL, then they are abandoned.
The market operates in waves (I prefer to call them waves and no waves, not to be confused with the excellent work done by Elliot) that at certain times have harmony in the different periods of time as they are steps. That is, just as there are times when the market mark up, whatever the temporary measure to be taken, as in 1M and 1W in 1D, there are times that, when measured the pulse of the market, this brand addresses found in various time periods, independent of the indicator we use to take the market put
To avoid income wrong, I think it is necessary to complement systems based on the breaking of a support or resistance - called many things - a tool that allows us to know before entering the market the following:
a) The direction of the market trend at least two higher tempos below. That is, if I'm working on 1H, the price must be shifted the same trend in 4H and 1D.
b) The market volume, low volume because any trend spreads and the market tends to go on a side.
c) The certainty that I am operating currency is oversold or not purchased in other temporalities, because if I'm working on 1 H and the currency is oversold at 15M, even though this marking to market the same side, I stand to a correction in the graph of 15 minutes, against which I lose my order of SL, then disappointed to see that the price resumes its course and does an excellent rally, which barely register with me for the pain and marked I missed sack. It strikes me that this behavior is sometimes called a pullback and is not simply the price correction in the oversold or buying minors to temporalities I'm working. That is, enter in the right direction but at the wrong time because the market was overheated. If the correction is greater than the temporalities of my graphic work, we see a change in trend, as the largest wave motion is most strongly felt. Then we say that the market is back and thought it was because the fault line that we were seeing was of such importance that caused the price rebounded, attributing false powers to support or resistance in a flat, we were seeing in our chart that was broken, when the truth is that we never knew even if for example I'm working on 1H, the 1D oe 4H market was oversold or overbought, then the result of natural market correction as a result of purchase or oversold on, facts we call global warming, the price reversal occurs obeying an elementary rule of market economy that is based on supply and demand. A greater supply and cheaper retail price greater supply. We can not forget that we are observing the graph is not simply the representation of supply and demand of two pairs of currencies and that we implement more electronic charts, indicators sophisticated or breaking trends and supports us to apply the laws of the economy will continue to function without fail.
"When an overheated market over supply or purchase of a currency, a correction will always"
Please believe me, log on to chart the direction of the trend of 1H in a superheated market in 4H and tell me the results.
It is often said that "the trend is your friend." Please note the purchase or oversold on the currency in the different periods of time, this statement is false because a good friend for over the trend to be you, she can not ignore the benefit of its own, market forces and natural correction that is in a superheated market. (On sold or bought). We are bad friends that is asking the trend, which is our friend who is acting against the law as we enter the market without observing the selling or buying at different tempos and even worse, as we enter the market on ignoring the purchase or oversold in the period we are working. We face disappointment because the price was back ... and that expected if the effort of breaking the support or resistance that we have as input signal, the market is overheated, then it is prudent to wait to correct and enter the market when there calm but not overheated. Some say that you should enter the second attempt, they call that act conservative, but this position is abandoned, when I'm waiting for the second attempt and the price crosses the line of entry as a butter knife, then I'm waiting for second chance as it develops a rally of more than 100 pips.
We say to enter the second try but we did not say when it will be the second attempt. The second attempt is given, when the marking is overbought or oversold in any of the children including temporalities I'm working.
d) The direction of the market trend for the time periods below worked.
There is harmony in the periods below, I noticed that the price does not rally along the support or resistance break and harmony exist in the periods of time to work, I noticed that the price keeps being returned.
I also noticed that there is harmony, this is broken from 1M and disorder will increase the longer time to reach. Obviously never progressed into a single "disorder" to the weekly period from the mess in 1M, but to return to be harmony in the direction of price, may elapse in the wave cycle of the price long enough for lost our order is reached.
I also noted that traders in FOREX somehow fall into two groups, the first resort to sophisticated indicators while making the observation side supports, resistance, Fibonacci, etc..
The second group, preaching a simple operation, based on the breakdown of support and resistance, trendlines, etc. fibos., Making sophisticated side indicators.
I think as always, the solution is in the middle. That is, based on a market entry in the breaking of a support or resistance, whatever it is, but having an indicator to me a guarantee that the major and minor temporalities this happening the same thing I'm seeing on the screen that I am working. That is, the tendency and movement of the market price are in the same direction and that prevents me from entering the market in the oversold or overbought any different temporality to which I am working
I leave these comments and thoughts to the discussion by experts of good will.
The goal, find and identify an indicator that allows us to filter and select the various signals that give us systems based on the breaking of a support or resistance in order to obtain efficient market revenue harmony within the market wave the same direction and there's no warming in the same temporality.
I invite you to build together the antithesis to arrive at an opinion that favors the operation of all.
First of all I apologize because English is not my mother tongue and what you're reading is the result of a translation made by the "wise" google.
Similarly notice that I am not, nor say, nor pose as guru of anything less in FOREX and I discuss some ideas that just the result of several years of market observation and test each system, but they are hardly that, ideas to be developed and discussed by a group. I think that after Jesus, the greatest man that has existed in humanity is called René Descartes the father of Cartesian method, then for our effort deserves to be called science, from the moment we put all the quotes to the "methodical doubt" then at this point, on the subject addressed, there is no real truth so far, other than that nobody knows with complete certainty to where you can take the next pip. That is a truth that can verify that that is more than 10 minutes in front of a screen, but we forget that many, when we begin to apply indicators, methods and theories.
Hypothesis.
There are many methods based on the breaking of a support or resistance, the differences are only circumstantial, may be the 123, which is based on the breaking of a recent support or resistance, the crossing of moving averages that are more than others support or resistance mobile mouteki system or from Demark, I will not engage in who the real father, but that is the breaking of a recent trend line, ultimately a support or resistance on this occasion called trendline . The system also Vegas bet on breach of support or resistance, this time drawn by emas of 140 among others and thus, countless methods all based on the breaking of a support or resistance and measure call differently.
All systems have some credibility, when the price crosses the support or resistance as a hot knife in butter, but lost followers when the price rallies lateralized and indefinitely or when returned and lost us the order of SL, then they are abandoned.
The market operates in waves (I prefer to call them waves and no waves, not to be confused with the excellent work done by Elliot) that at certain times have harmony in the different periods of time as they are steps. That is, just as there are times when the market mark up, whatever the temporary measure to be taken, as in 1M and 1W in 1D, there are times that, when measured the pulse of the market, this brand addresses found in various time periods, independent of the indicator we use to take the market put
To avoid income wrong, I think it is necessary to complement systems based on the breaking of a support or resistance - called many things - a tool that allows us to know before entering the market the following:
a) The direction of the market trend at least two higher tempos below. That is, if I'm working on 1H, the price must be shifted the same trend in 4H and 1D.
b) The market volume, low volume because any trend spreads and the market tends to go on a side.
c) The certainty that I am operating currency is oversold or not purchased in other temporalities, because if I'm working on 1 H and the currency is oversold at 15M, even though this marking to market the same side, I stand to a correction in the graph of 15 minutes, against which I lose my order of SL, then disappointed to see that the price resumes its course and does an excellent rally, which barely register with me for the pain and marked I missed sack. It strikes me that this behavior is sometimes called a pullback and is not simply the price correction in the oversold or buying minors to temporalities I'm working. That is, enter in the right direction but at the wrong time because the market was overheated. If the correction is greater than the temporalities of my graphic work, we see a change in trend, as the largest wave motion is most strongly felt. Then we say that the market is back and thought it was because the fault line that we were seeing was of such importance that caused the price rebounded, attributing false powers to support or resistance in a flat, we were seeing in our chart that was broken, when the truth is that we never knew even if for example I'm working on 1H, the 1D oe 4H market was oversold or overbought, then the result of natural market correction as a result of purchase or oversold on, facts we call global warming, the price reversal occurs obeying an elementary rule of market economy that is based on supply and demand. A greater supply and cheaper retail price greater supply. We can not forget that we are observing the graph is not simply the representation of supply and demand of two pairs of currencies and that we implement more electronic charts, indicators sophisticated or breaking trends and supports us to apply the laws of the economy will continue to function without fail.
"When an overheated market over supply or purchase of a currency, a correction will always"
Please believe me, log on to chart the direction of the trend of 1H in a superheated market in 4H and tell me the results.
It is often said that "the trend is your friend." Please note the purchase or oversold on the currency in the different periods of time, this statement is false because a good friend for over the trend to be you, she can not ignore the benefit of its own, market forces and natural correction that is in a superheated market. (On sold or bought). We are bad friends that is asking the trend, which is our friend who is acting against the law as we enter the market without observing the selling or buying at different tempos and even worse, as we enter the market on ignoring the purchase or oversold in the period we are working. We face disappointment because the price was back ... and that expected if the effort of breaking the support or resistance that we have as input signal, the market is overheated, then it is prudent to wait to correct and enter the market when there calm but not overheated. Some say that you should enter the second attempt, they call that act conservative, but this position is abandoned, when I'm waiting for the second attempt and the price crosses the line of entry as a butter knife, then I'm waiting for second chance as it develops a rally of more than 100 pips.
We say to enter the second try but we did not say when it will be the second attempt. The second attempt is given, when the marking is overbought or oversold in any of the children including temporalities I'm working.
d) The direction of the market trend for the time periods below worked.
There is harmony in the periods below, I noticed that the price does not rally along the support or resistance break and harmony exist in the periods of time to work, I noticed that the price keeps being returned.
I also noticed that there is harmony, this is broken from 1M and disorder will increase the longer time to reach. Obviously never progressed into a single "disorder" to the weekly period from the mess in 1M, but to return to be harmony in the direction of price, may elapse in the wave cycle of the price long enough for lost our order is reached.
I also noted that traders in FOREX somehow fall into two groups, the first resort to sophisticated indicators while making the observation side supports, resistance, Fibonacci, etc..
The second group, preaching a simple operation, based on the breakdown of support and resistance, trendlines, etc. fibos., Making sophisticated side indicators.
I think as always, the solution is in the middle. That is, based on a market entry in the breaking of a support or resistance, whatever it is, but having an indicator to me a guarantee that the major and minor temporalities this happening the same thing I'm seeing on the screen that I am working. That is, the tendency and movement of the market price are in the same direction and that prevents me from entering the market in the oversold or overbought any different temporality to which I am working
I leave these comments and thoughts to the discussion by experts of good will.
The goal, find and identify an indicator that allows us to filter and select the various signals that give us systems based on the breaking of a support or resistance in order to obtain efficient market revenue harmony within the market wave the same direction and there's no warming in the same temporality.
I invite you to build together the antithesis to arrive at an opinion that favors the operation of all.