• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 8:59pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 8:59pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Harmonic Equilibrium Routing (MPA Based on HFT/ATS) 9 replies

Equilibrium Day Trading (EDT) 2 replies

Mini trading success 14 replies

My first success story...and what could have been a second 0 replies

  • Trading Systems
  • /
  • Reply to Thread
  • Subscribe
  • 2,216
Attachments: The Equilibrium, a key to success!
Exit Attachments
Tags: The Equilibrium, a key to success!
Cancel

The Equilibrium, a key to success!

  • Last Post
  •  
  • 1 89Page 101112 97
  • 1 9Page 1011 97
  •  
  • Post #181
  • Quote
  • Jan 30, 2018 11:12am Jan 30, 2018 11:12am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
hello bionik, I have read your comments from the beginning and find that very interesting. I'm more or less a beginner, but their comments will help me to improve my strategy and increase my chances of winning. I hope I can learn a lot from them and thank you.
Best regards from Freiburg / Brsg.
 
1
  • Post #182
  • Quote
  • Jan 30, 2018 11:42am Jan 30, 2018 11:42am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting skipper13
Disliked
hello bionik, I have read your comments from the beginning and find that very interesting. I'm more or less a beginner, but their comments will help me to improve my strategy and increase my chances of winning. I hope I can learn a lot from them and thank you. Best regards from Freiburg / Brsg.
Ignored

Helllo Skipper13,

Welcome to our blog. Thanks for the nice compliment. I am very pleased that you have read the blog from the beginning, because there is already a lot of knowledge in it, which helps. Let's go together and improve our quota. That motivates the least.

Best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #183
  • Quote
  • Jan 30, 2018 11:39pm Jan 30, 2018 11:39pm
  •  honesttrader
  • | Joined Dec 2017 | Status: Member | 92 Posts
Hi Bionics,

I am new in Forex, didn't have proper guidance and lost 10K. I don't have much now but would like to learn. Which currencies do you discuss here? or is it the trade processes?
 
 
  • Post #184
  • Quote
  • Jan 31, 2018 3:23am Jan 31, 2018 3:23am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting honesttrader
Disliked
Hi Bionics, I am new in Forex, didn't have proper guidance and lost 10K. I don't have much now but would like to learn. Which currencies do you discuss here? or is it the trade processes?
Ignored

Trade the entire market with POC


Hello Honesttrader,

I'm glad that you found our blog and want to follow us.
Losing money as a beginner is a very bitter experience that every trader must join sooner or later. That's no shame. It is especially dramatic at the beginning of the learning process, as it increases your fear of losing even more.

Trading on the stock market is a business, but the risk of losing everything is part of it.
Nevertheless, it requires courage and passion, few people possess these qualities.

The will to learn has less to do with the money someone owns. A professor recommended me many years ago: Michael, if you want to succeed, you have to remain an eternal student. I have not forgotten this tip until today.

With the help of the POC (balance) you will be able to cover the entire trade. Whether currency pairs, commodities, indices and also conditionally stocks. In the long term, it is about localizing and implementing the decisive trend reversal in every unit of time.

This requires hard work and a lot of effort, but the result is convincing.

Please read this blog from the beginning, because you get a lot of hints and solutions.

I wish you every success and I am sure that you can take many basics of trading with you, whether you are a beginner or a professional.

Best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #185
  • Quote
  • Jan 31, 2018 4:07am Jan 31, 2018 4:07am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
http://prntscr.com/i81vqc
 
 
  • Post #186
  • Quote
  • Jan 31, 2018 4:09am Jan 31, 2018 4:09am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
Attached Image (click to enlarge)
Click to Enlarge

Name: Gleichgewicht.png
Size: 48 KB
 
 
  • Post #187
  • Quote
  • Jan 31, 2018 7:47am Jan 31, 2018 7:47am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
How to determine the POC.



Hello Skipper13, hello dear Trader


a good approach, but misses the target. That's not bad, because the beginning is hard.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie1.PNG
Size: 171 KB



While your point 1 is a balance in a larger unit of time, a 200 pip stop would be very unprofitable. Point 2 and 3 is not equilibrium. We take a closer look at point 4 in a smaller timeframe. The red lines look good, but the exact origin is missing. The important question is: where did they come from?


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie2.PNG
Size: 123 KB



A balance is always determined from a previous price. In the example you can see that nicely. Where the blue arrows are, the balance can only come from the past. Right there I have to go back in time to look for balance.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie3.PNG
Size: 116 KB



Let's take another look at your balance in the 1 hour chart image. Now we are looking for the POC.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie4.PNG
Size: 127 KB



After we have determined the POC, we can see very well how the course has responded there. You see the resistance line 3 and 4. Where do these two lines come from? Answer: From the past.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie5.PNG
Size: 124 KB



We go back to Nov / Dec 14. That was just before the crash, which then ran to 1.03 later. Once there I have drawn the most important POC for your range and marked them with numbers.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie6.PNG
Size: 106 KB



Let's take a look at the 1H chart image from Dec 17 to today. You can see very well how the course behaves on these POC lines. Now comes an important example. You can see at arrow no. 2 that the course does not run to the green resistance line but already turns upwards. This is because there is a stronger POC that I marked with arrow 1. You realize very well that you can not actually identify a POC there. I have already described this problem why candle formations are of no interest to me. It's just the time a candle is made. Of course you could have gotten this resistance from the year 2014, I deliberately renounced it once.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie7.PNG
Size: 114 KB



Now, when we switch to a smaller unit of time, we can better recognize and chart the strong balance.
This does not mean that the line drawn below is done now, this could still act as a strong resistance when the price comes down again.

Catch the POC and see how the course behaves on your POC. For that you need a lot of time and patience.
The result will reward you in the end.

best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
1
  • Post #188
  • Quote
  • Jan 31, 2018 8:01am Jan 31, 2018 8:01am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
hello bionik, thank you very much for your comments. I will study it.
 
 
  • Post #189
  • Quote
  • Jan 31, 2018 8:42am Jan 31, 2018 8:42am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting skipper13
Disliked
hello bionik, thank you very much for your comments. I will study it.
Ignored

Hello skipper13,

I would like to publish a post about how to achieve great results with the POC with a sensational auxiliary indicator, which unfortunately is still far too little known.

best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #190
  • Quote
  • Jan 31, 2018 9:16am Jan 31, 2018 9:16am
  •  Maddin
  • | Joined Oct 2015 | Status: Member | 36 Posts
Hello Bionics, I am reading your blog already the 2nd time, it is really so much knowledge in this block already. Thanks for sharing this and for your detailed input.

I have a question regarding the entries, sometimes you mention to watch carefull the price action for entry decission and sometimes you write that your limit order has been triggered.

Due to my daily work I cannot watch the screen permanently but need to work with limit order on certain price levels. I would place the SL some pips above / below the level range but how to determine the range more exactly? How are you able to work with 4-5 pip SL in this respect? Do you have a recommendation about the SL for limit order?
 
 
  • Post #191
  • Quote
  • Jan 31, 2018 10:17am Jan 31, 2018 10:17am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
How are you able to work with 4-5 pip SL in this respect? Do you have a recommendation about the SL for limit order?[/quote]




Hello Maddin,


this depends on the situation in which the market is located. If I have a strong resistance, I like to go in with a limitorder, as the price often comes off quickly after touching the resistance and I get in at a better price than with the manual order. If I am not so sure I go to the market manually.

If you have identified a POC, look at this POC in smaller timeframes. This allows you to limit the range and thus reduce the stop considerably. From time to time I also go in with a stop of 2-3 pip, so I can of course trade with a higher contract number.

This works best with trend reversals in the respective timeframes. In the middle of the price, such a small stop is just loss.

Particularly problematic to act are the extreme outbreaks. Often you can foresee that, if you pay attention to the big players in the market. Often this happens around 14:30.

Since the market usually only initiates a countermovement before it completes the actual outbreak, it is difficult to get the right entry there.

The big player pushes the price up to its limit order and then it goes off. This will stop all competitors from the market, so that the course runs as long as possible in the desired direction of the big player. It is also clear, if you take up a lot of smaller ones as a big player, they will start selling at some point. This obstructs the further price course upward.

For some years I used to go there with a buy or sell order in, but when the price goes down, you come in way too late, and when the price drops, you're stopped.

Today I prefer to go in manually, a limitorder is there too inaccurate, because here the POC can not be determined exactly.

Basically, you have to worry about what the limit is that you are willing to risk. After that, your number of contracts and your stop will depend.

The POC gives me a small advantage in anticipating what happens. However, the course comes at some point to the next POC line. There he can go through or come back directly. That's why I'm in the market for as long as I think I can assess the risk. Since I can only give the correct forecasts for a short period of time, a long stay in the market is not my thing.

But as I said, every trader has his opinion and is therefore right. Because everyone has to assess their own risk and then implement it.

For this implementation, I recommend a demo account until you have enough experience in this particular case.

best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #192
  • Quote
  • Feb 1, 2018 5:00am Feb 1, 2018 5:00am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
hello bionik, I found an indicator from a member of FF that could help me identify the Equilibrium.
Could you test it?
Thank you very much.
skipper13

Attached File(s)
File Type: ex4 SupportResistance (3).ex4   40 KB | 460 downloads
 
 
  • Post #193
  • Quote
  • Feb 1, 2018 6:46am Feb 1, 2018 6:46am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Morning setup before trading


Dear Trader


Every morning at 05:30 CET I prepare myself for the trading day. Briefly skim the news and briefly check which meetings or news can affect my preferred currency pair during the day. This information can be found very well at Forex Factory.

It does not interest me in which direction the currency pair could develop, but only if there will be possible confounding factors. As already written, the news is not decisive, but how the trade reacts to it. And nobody can predict that.

That's why I'm not interested in predictions but only in probabilities. And if I manage to turn those probabilities in my favor by having an information advantage over many others, it often takes minutes to profit from it. This works best with the POC (balance)

First, I notice in the morning how the Asian market ruled London and the US.



Attached Image (click to enlarge)
Click to Enlarge

Name: Folie1.PNG
Size: 223 KB

Attached File(s)
File Type: ex4 Sessions_v2_2.ex4   34 KB | 505 downloads
Attached File(s)
File Type: ex4 TicksSeparateVolume.ex4   14 KB | 553 downloads



Here I am working with an auxiliary indicator that clearly shows the individual time zones of London, USA and Asia. I also pay attention to the POC.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie2.PNG
Size: 126 KB

Attached File(s)
File Type: ex4 Momentum Candles v1.01.ex4   9 KB | 568 downloads



Now I look at the hourly chart. How did the course react to the POC and what momentum prevails at what level. Where are new balances and how could this affect the future?


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie3.PNG
Size: 127 KB

Attached File(s)
File Type: ex4 =MTF-Candlestick.ex4   9 KB | 601 downloads
Attached File(s)
File Type: ex4 !Level Sensor new.ex4   13 KB | 733 downloads



Before you start, I'll take a look at the 5 minute chart. At a glance I have the day candle, the 4 hour candles, the hour candles and the 5 minute candles with high momentum. In addition, a TPO that marks the frequent price ranges.

This was just for the overview, then I start in 5 minutes or 1 minute chart to draw the new POC to be prepared for the day. Then it starts.

It is unnecessary to sit in front of the screens all day long and wait for the big chance, which then usually passes by unexpectedly.



Attached Image (click to enlarge)
Click to Enlarge

Name: Folie4.PNG
Size: 124 KB



I once tried to highlight my favorite times in EURUSD.

From 06:00 to 08:00 CET, there is little momentum, but that is always very interesting to trade, as there are often clear trends during this time. At around 08:00 CET the volatility rises, after which there is often a minor correction.

I'm waiting a bit between 08:00 and 09:00 CET, with the London open, there is often a clear trend direction.

It's often quieter between 11:30 and 13:30 CET. Time to relax.

From 14.00 CET it continues until sometimes 20:00 CET.

For me a high momentum is interesting, I need clear statements from the market. As soon as an extremely high volatility prevails, I wait until the traders have calmed down again. With a little stop, you're at the wrong address.

Also, a ranking market can act in the short term with the POC super. Often it even works a few times, until the outbreak comes.

Outbreaks I rarely do. If I have identified a possible resistance zone and believe that the course goes through, I have to go in before. If it is a Fakeausbruch, I have earned nothing but nothing lost. When the course goes through, I did everything right.

During trading, only some of my POCs are crucial, yet I occasionally pay attention to my own dashboard about the short-term market condition. But with many indicators lagging behind, the price chart is the fastest way to get up-to-date information.

I hope there was some information that you can do, wish you much success and more trading profits than trading expenses.



Best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
3
  • Post #194
  • Quote
  • Feb 1, 2018 8:13am Feb 1, 2018 8:13am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting skipper13
Disliked
hello bionik, I found an indicator from a member of FF that could help me identify the Equilibrium. Could you test it? Thank you very much. skipper13 {file}
Ignored

Hello Skipper13


To validate this indicator, I would have to be a programmer. In this area, I know too little about being able to make a clear statement here, because I do not know all the valuation bases on which this indicator is based.

The indicator seems to operate with ZigZag settings. Here are points of contact to resistance or support. This is too imprecise for me, as turning off the course does not immediately become resistance.

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie2.PNG
Size: 144 KB


Here you can see examples of the balance and its effects, with the indicator that would have partially worked.

I recommend in the area to make own experiences. You'll see how you handle it. There are many traders who are successful with indicators.

I've tried over 2,000 indicators myself, but that only helped me on a short-term basis. I myself also use auxiliary indicators that facilitate my work. But I never use indicators for my entry or exit. I prefer to do that myself.

One more thing to think about. If you invented an indicator that could 100% predict the course, would you make it accessible to everyone?

It is a crazy job to create such an indicator and I have the greatest respect for those who know it.

I do not want to make any indicator bad, I think it's very helpful. But I would like to decide about my own money and not entrust this to any indicator.

Best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #195
  • Quote
  • Feb 1, 2018 8:36am Feb 1, 2018 8:36am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Simply draw POC from the past



Dear Traders,


As already announced, today you get a great opportunity to compare the POC from the past directly with the current price.

As I have already written several times, you need a counter-course to draw the POC. If the price falls, then we have a counter-course which has previously gone up to draw a POC. The problem we currently have is that when the price goes up, we do not know where the next resistance is.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie1.PNG
Size: 137 KB


The right white box (inside the yellow border) is the current heading that should be aligned with the left white box to determine the future POC.

With the help of an indicator, we are able to place the two windows next to each other in real time in the chart. The POC lines that we will determine in Dec 2014 will automatically be transferred to the current chart. No matter which time unit, no matter which lines, no matter how many charts, all drawings are copied exactly automatically.

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie2.PNG
Size: 183 KB


Here I put the price from Dec 2014 next to the current chart from Jan 2018, as if it had happened yesterday. Both charts show the 15 M chart and the POC lines were transferred 1:1. This gives me an optimal overview and does not always have to scroll my chart back and forth.


Attached Image (click to enlarge)
Click to Enlarge

Name: Folie3.PNG
Size: 213 KB


The field of application is varied, here you can see how the 1 H chart automatically transfers all drawings to the 15 M chart.
A little tip: Download a separate MetaTrader and update the history database. This gives you up to 20 times more chart data available than your broker. Whether this chart data is really 100% correct I can not guarantee. That's why I work with an extra Metatrader. How to update the database can be found here:

Inserted Video


The large amount of data combined with the indicator requires a lot of performance.
Nevertheless, I'm glad to use this help.

The developer of this outstanding work, Nicholishen is a Florida professional trader. Many thanks to him for this great help. If you want to know more about this indicator:


https://www.forexfactory.com/showthread.php?t=683930

I wish you much success

best regards


Attached File(s)
File Type: ex4 Multi-Chart-Sync-safe-button.ex4   228 KB | 648 downloads
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
1
  • Post #196
  • Quote
  • Feb 1, 2018 10:35am Feb 1, 2018 10:35am
  •  skipper13
  • | Joined Feb 2016 | Status: Member | 438 Posts
hello bionik,
Thank you for your comments.
In the meantime I have cleaned up my chart of many indicators, because with their help I realized that they are just followers. At the moment I have your indicator "Open Level Histrical". My view on the chart is much clearer now.
But I have to learn a lot to properly recognize the POC.
 
 
  • Post #197
  • Quote
  • Feb 1, 2018 10:35am Feb 1, 2018 10:35am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting Trader-Waldo
Disliked
What is TF on chart? What is number for your POC? {image}
Ignored
Hello Trader Waldo,

Basically, I have all the timeframes on an extra screen in view.

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie3.PNG
Size: 235 KB


The long-term POC is determined using the 4H or 1H chart. The medium-term with the 30M or 15M chart and the short-term with the 5M, 1M or 15 sec chart.

Then I compare my findings. If there are matches, I have more security to draw the POC.

Kind regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #198
  • Quote
  • Feb 1, 2018 10:56am Feb 1, 2018 10:56am
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
Quoting skipper13
Disliked
hello bionik, Thank you for your comments. In the meantime I have cleaned up my chart of many indicators, because with their help I realized that they are just followers. At the moment I have your indicator "Open Level Histrical". My view on the chart is much clearer now. But I have to learn a lot to properly recognize the POC.
Ignored

Hello Skipper13,

that will happen with time. It's just a matter of training. You are already well on the way.

best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #199
  • Quote
  • Feb 1, 2018 2:54pm Feb 1, 2018 2:54pm
  •  Bionics
  • Joined Dec 2017 | Status: //houston ǝʍ have a probl | 2,074 Posts
How to find the POC from 2014


Hello Trader Waldo,


like again the information about the timeframe and the procedure.

As described in the previous posts, I am currently looking for new POC Lines for the uptrend from late 2014 to June 2014. In the downtrend, I find the balance of the course that came only a short time ago.

Here is the chart from Dec 2014 15 M

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie1.PNG
Size: 173 KB


I have drawn the POC, the other POC are further back.

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie2.PNG
Size: 167 KB


With an indicator, I automatically copy this POC into my 15M chart.

Attached Image (click to enlarge)
Click to Enlarge

Name: Folie3.PNG
Size: 128 KB


Now when I switch to the 5M chart, I have to keep looking for smaller POCs, which I then enter in the chart (blue lines)

This gives me a clear overview of the chart history. I strongly recommend you to use a bar chart and color the candles gray. With the Momentum Indicator you can make the biggest momentum on the candles visible. Please read my contributions again. With this method, you can identify the balance much easier.

The resistance and support lines I have drawn are updated regularly because if there is a stronger equilibrium on the up or down, the old POC will automatically go out. That's why this is a regular process that requires a lot of effort. But no diligence no price.

I wish you success and remember that this does not work overnight. There is a lot of work and training behind it.

Beautiful evening
Forget: "That does not work," amateurs build the ark, pros the Titanic!
 
 
  • Post #200
  • Quote
  • Feb 1, 2018 5:43pm Feb 1, 2018 5:43pm
  •  Techanalyst
  • | Membership Revoked | Joined Jul 2020 | 7,294 Posts
Quoting Bionics
Disliked
How to find the POC from 2014 Hello Trader Waldo, like again the information about the timeframe and the procedure. As described in the previous posts, I am currently looking for new POC Lines for the uptrend from late 2014 to June 2014. In the downtrend, I find the balance of the course that came only a short time ago. Here is the chart from Dec 2014 15 M {image} I have drawn the POC, the other POC are further back. {image} With an indicator, I automatically copy this POC into my 15M chart. {image} Now when I switch to the 5M chart, I have to keep...
Ignored

Correct me if i'm wrong.
Attached Image (click to enlarge)
Click to Enlarge

Name: AUDUSDMonthly(2).png
Size: 23 KB
 
 
  • Trading Systems
  • /
  • The Equilibrium, a key to success!
  • Reply to Thread
    • 1 89Page 101112 97
    • 1 9Page 1011 97
1 trader viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023