Disliked{quote} Marekt staying steady. Really?! Do your trades last only 0 ticks?Ignored
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Disliked{quote} Marekt staying steady. Really?! Do your trades last only 0 ticks?Ignored
Disliked{quote} lol; staying steady means it did not go up or down; it remains within a tight range of your entry price.Ignored
Disliked{quote} Yes, I understood. But I mean, how tight is that range. And does it hurt to wait? No range will last forever. Thus, it boilds more down to 50/50.Ignored
Disliked{quote} I don't beleive it is 50/50. because: - In the science of financial timeseries prediction; statisticians have long discovered that the price remains steady with higher statistical significance. - Volatility is needed to make money. Market has to move up or down; in order for the trader to take part of that move.Ignored
Disliked{quote}Market has to move up or down; in order for the trader to take part of that move.Ignored
DislikedI would like to ask you guys, if you have anything, any indicator what would help me to take more of probabilities on my side, or any good risk/money managment etc. I am still trying to figure out and find my profitable style with this, so I didn't trade it yet, that is why I am asking you, for some opinions and advices. Thanks a lot! Yellow line is open line, green and red lines would be my trigger lines 50 points away from open line. I would not trade it all day, but for example just London time. {image}Ignored
Disliked{quote} it should be 50 pips not points ideally you should be looking to have that range 50 pips. let the price form a minimum of 50 pips after the open price than trade thatIgnored
Disliked{quote} Ah, TRO's aka TooSlow's open lines ... May I ask why 50 pips? Supported with some stats?Ignored
Disliked{quote} Yes, I thought so. But I think chyldom wants to trade from the open in the direction of the daily high/low. I think your approach is more reliable for reversal trading (trading away from highs/lows towards the open), isn't it?Ignored
Disliked{quote} No Anticre, I said that red and green lines are my trigger point, so I would trade it when price will close above or bellow this lines, not in that 50p range.Ignored
Disliked{quote} That's not what I wrote. I wrote that you want trade towards the high or low and use the open lines to trigger the trade.Ignored
Disliked{quote} Hi Piano, Thank you for sharing your perspective. You forced me to come out of hiding to post this :-( You and Sis. are definitely on the something but none of you have given a practical implementation of the principles of time/price harmonic cycles. I have a feeling you both have and because of the time and effort that goes into such intense research, you are keeping it to yourselves... which I completely understand. Continue reading and you will soon learn I am also doing the same. This has been my "research" area for past 3 years and...Ignored
Disliked{quote} VEEFX, Nice to see you back... "A qualifying entry condition can NEVER EVER have the same qualifying exit." Could you please dumb it down and explain why it is so? Thanks PS: Are you really writing a book?Ignored
Disliked{quote} Have to post this openly to avoid the same mistake PipEasy did on the millipede thread. Graeme (another Superman) made one brief reference to writing a book and then disappeared from this forum leaving every hopeful soul waiting for his book to come out. That won't be the case with me so there is no book in the works. I have already shared every bit of knowledge in bits and pieces openly after a firm opinion is developed based on my own research and validation. Part of the reason why I delete my posts quickly is to avoid a discussion and...Ignored