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I challenge you to fail with this

  • #241
  • May 16, 2018 5:57am May 16, 2018 5:57am
Quoting amri.rudi
Hi joseph, can i use this method on big impact news? such as NFP news and others?

News aren't a problem in medium/long term trading, except unique events.
  • #242
  • May 16, 2018 6:05am May 16, 2018 6:05am
Quoting Gemmafx
I'm in EURUSD, first TP was hit yesterday, I put the second order on BE let's see how it goes {image}

It will go very good and you'll achieve tons of pips

On Weekly i see only bears. Here is what i think could happen
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 27 KB
  • #243
  • May 16, 2018 6:35am May 16, 2018 6:35am
Did you missed it? EUR-CHF Daily. You are in time, there is a setup on the Weekly too.
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Click to Enlarge Name: eurchf.PNG Size: 5 KB
  • #244
  • May 16, 2018 6:48am May 16, 2018 6:48am
A lot of invisible and no invisible people here , reading in silence i invite you to participate.
  • #245
  • May 16, 2018 7:00am May 16, 2018 7:00am
Quoting Joseph95
Did you missed it? EUR-CHF Daily. You are in time, there is a setup on the Weekly too. {image}
Thanks for the confirmation.
  • #246
  • May 16, 2018 9:34am May 16, 2018 9:34am
To clarify the setup 2 in words, you seek for two candlesticks ranging in the almost same price and then,


(*sell stop setup*) IF 1. Candle has a rejection from low + IF 2. Candle has a false breakout from high = Open sell stop @ the low.


(*buy stop setup*) IF the 1. candle has a false breakout at high and then retraces back + IF 2. Candle has a false rejection from the low and closes above the open price that means you set a buy stop.

Overall, i think Joseph just has a logic of trading the '' high stress '' markets that are looking for a breakout, and to apply strategy to that he uses previous rejections /breakouts.
  • #247
  • May 16, 2018 11:33am May 16, 2018 11:33am
Hi Joseph
Not to change anything, but just asking whether you have previous experience looking into Type 1 in the following sell situation (only different in point 1).
1. no rejection of previous day high by signal candle but the high is above previous day open.
2. Signal candle close below previous day low.
3. Sell below signal candle low.
Thank you.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #248
  • May 16, 2018 11:46am May 16, 2018 11:46am
Quoting Inthebox
Hi Joseph Not to change anything, but just asking whether you have previous experience looking into Type 1 in the following sell situation (only different in point 1). 1. no rejection of previous day high by signal candle but the high is above previous day open. 2. Signal candle close below previous day low. 3. Sell below signal candle low. Thank you. {image}

I don't see any setup here and i never traded it
  • #249
  • May 16, 2018 1:01pm May 16, 2018 1:01pm
Potential setup, AUDJPY, D1.
  • #250
  • May 16, 2018 1:04pm May 16, 2018 1:04pm
Quoting Asw
Potential setup, AUDJPY, D1.

I suggest to don't lose time searching setups during the day, it could be a doji. Better wait the candle close. I search starting from 23:00 (Italy) when NY close
  • #251
  • May 16, 2018 1:12pm May 16, 2018 1:12pm
Quoting david7
@Joseph95 Thank you very much for sharing this system. Unfortunately most people use their time for negative things, rather than contribute to something productive. Keep up the good work, I believe your system works well, since its proven here enough times. One does just have to use proper money management to survive the potential drawdown or SL hit. I usually prefer scalping and pure price action combined with zones, but I cant always stay the whole day on charts, thats why I want to focus more on swing trading. I want to test your system soon...

David, i have disignored you because i hate to remove people. But please, read the thread and don't ask for questions that already had 10 answers.

Cheers
  • #252
  • May 16, 2018 8:29pm May 16, 2018 8:29pm
Type 1 setup
Attached Images
ITB - Seeing Orderliness amongst 'Randomness'
  • #253
  • Edited 5:13am May 17, 2018 1:28am | Edited 5:13am
Quoting Arkangela
{quote} Hello, No it's not OK these 4 arrows are not correct signals : {image} Close[i] < Low[i+1] to sell or Close[i] > High[i+1] to buy for the first setup described in the first post and Close[i]<Open[i+1] to sell or Close[i]>Open[i+1] to buy for the second setup described in the first post
Thank you...corrected Version
Vucking good EA coder... https://t.ly/AZjRM
  • #254
  • May 17, 2018 1:57am May 17, 2018 1:57am
Quoting reteid2222
{quote} Thank you...corrected Version {image}
What is this indi, supposed to be showing?
  • #255
  • May 17, 2018 2:49am May 17, 2018 2:49am
i dont want to derail this thread or the owner but the example on post 242,i notice another 2 type 2 trades that would have been losers,it all looks a bit cherry picked trades to me,sorry...
  • #256
  • May 17, 2018 3:36am May 17, 2018 3:36am
Quoting nozzer
i dont want to derail this thread or the owner but the example on post 242,i notice another 2 type 2 trades that would have been losers,it all looks a bit cherry picked trades to me,sorry...
sometimes it's due to our level of understanding not taking all rules into consideration or our interpretation of it is not complete.
maybe you like to pinpoint on a chart which two Type 2. I don't seem to find any. we can then discuss so as to improve our/each other understanding.
ITB - Seeing Orderliness amongst 'Randomness'
  • #257
  • May 17, 2018 3:47am May 17, 2018 3:47am
sorry I don't know how to post a amended chart but theres one to the left and one at the top right of the trade ,btw the way can you post a type one trade set up,please Inthebox,i get a bit confused by josephs English .thanks in advance,i will delete my last post..
  • #258
  • May 17, 2018 3:48am May 17, 2018 3:48am
sorry ,it wont allow me to delete the post...
  • #259
  • May 17, 2018 3:55am May 17, 2018 3:55am
Quoting nozzer
sorry ,it wont allow me to delete the post...
give me some time. I will post the 2 types of rules by rephrasing according to what I understand.
ITB - Seeing Orderliness amongst 'Randomness'
  • #260
  • May 17, 2018 3:59am May 17, 2018 3:59am
Quoting nozzer
i dont want to derail this thread or the owner but the example on post 242,i notice another 2 type 2 trades that would have been losers,it all looks a bit cherry picked trades to me,sorry...

Nope. If you place the SL above the high (or better, 20 pips above)
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