A little bit of give back | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Request for a little bit of help with some Broker info - MT4 49 replies

A little more give back 20 replies

Does an EA license Give You the Right to Give Signals? 2 replies

Give me premise or give me death.... 15 replies

Are charts a little bit deceiving? 9 replies

Attachments: A little bit of give back
Exit Attachments

A little bit of give back

  • #161
  • Jul 3, 2018 3:13pm Jul 3, 2018 3:13pm
Attached Image (click to enlarge)
Click to Enlarge Name: New Bitmap Image.png Size: 105 KB
  • #162
  • Jul 3, 2018 3:17pm Jul 3, 2018 3:17pm
instead of moving your fib ret -- put them all on the same fib ---

penetrating every target by 10 pips open for the next target.

cycle ends on 4.236 --- if penetrates 5.236 then there is another cont cycle.
  • #163
  • Jul 3, 2018 3:18pm Jul 3, 2018 3:18pm
high of the small cycle is equal to .236 of the big cycle.
  • #164
  • Jul 4, 2018 4:08am Jul 4, 2018 4:08am
Quoting Nut
{quote} Sorry I don't know. When I traded options I was drawing charts by hand, the internet had not been invented and both Black & Scholes were in nappies.
Thats must have been a really long time ago
  • #165
  • Jul 4, 2018 4:10am Jul 4, 2018 4:10am
Quoting stoqn4444
{quote} Thats must have been a really long time ago
I am actually using this info as a sentiment indicator, not for trading options
  • #166
  • Jul 4, 2018 5:44am Jul 4, 2018 5:44am
Quoting stoqn4444
Hi All, Please advise where I can get 25 delta RR up to date info and/or PUT/CALL ratio for major pairs . Thanks and profitable Fraday
You can get that data here...

https://fxowebtools.saxobank.com/otc.html

Its updated twice a day at 7am and 12:30 UTC on a 24H cycle so you will need to note down the previous sessions numbers before you refresh for the update or make a spreadsheet like I have to automate the process.

Attached Image (click to enlarge)
Click to Enlarge Name: aKsadLR.png Size: 139 KB


Otherwise you can find the data on the Quickstrike site which is done once a day at settlement.

If you want live data you will need an options feed and still you will need to create some sort of way of capturing the change in the data as that is more important than the actual number.
Boxing clever since 76.
  • #167
  • Jul 4, 2018 6:17am Jul 4, 2018 6:17am
Quoting copi88
{quote} You can get that data here... https://fxowebtools.saxobank.com/otc.html Its updated twice a day at 7am and 12:30 UTC on a 24H cycle so you will need to note down the previous sessions numbers before you refresh for the update or make a spreadsheet like I have to automate the process. {image} Otherwise you can find the data on the Quickstrike site which is done once a day at settlement. If you want live data you will need an options feed and still you will need to create some sort of way of capturing the change in the data as that...
Thanks!!! Just to clarify, is the data derived from Saxo`s clients only ?
  • #168
  • Jul 4, 2018 6:52am Jul 4, 2018 6:52am
Quoting Bartleby
{quote} Wow . This got to be the most worthless post of all time. Did you take the time to write that in all trading system threads? Because if it´s true it just got to be in every thread. And your fabulous solution (?) to that..awesome..if you could just saw the tears running down my cheeks after all those years trading and reading forums , you come up with such a brilliant genius post. Congratulations , i take off my imaginary hat for you , Sir.
Sorry to disappoint but it's true. Add any level you like and you will get a reaction sometimes.
You can't predict price, you can only follow.

Thanks for sharing though OP.

Edit: but if OP is having success with it for a long time he is probably doing something phenomenal with cutting losses or letting winners ride, maybe you can tell us some more about how you manage your trades?
  • #169
  • Jul 4, 2018 7:58am Jul 4, 2018 7:58am
Quoting raedmaa
instead of moving your fib ret -- put them all on the same fib --- penetrating every target by 10 pips open for the next target. cycle ends on 4.236 --- if penetrates 5.236 then there is another cont cycle.
hi raedmaa,

Nice observation you made. Even I was thinking that there is no need to draw new levels every time, but your observation of cycle end point is good.

Thanks for sharing.
  • #170
  • Jul 4, 2018 8:03am Jul 4, 2018 8:03am
"You can't predict price, you can only follow."
I hear it everywhere. But who can explain, what does it mean to follow the price?
  • #171
  • Jul 4, 2018 8:07am Jul 4, 2018 8:07am
Quoting IenDzi
"You can't predict price, you can only follow." I hear it everywhere. But who can explain, what does it mean to follow the price?
I think by price he meant 'trend', follow the 'trend'.
  • #172
  • Jul 4, 2018 8:19am Jul 4, 2018 8:19am
Quoting stoqn4444
{quote} Thats must have been a really long time ago
It certainly was lol
  • #173
  • Jul 4, 2018 8:22am Jul 4, 2018 8:22am
Quoting IenDzi
"You can't predict price, you can only follow." I hear it everywhere. But who can explain, what does it mean to follow the price?
I suspect they mean following the trend and I agree price cannot be predicted in advance except by those in control of markets, though we can make an educated guess
  • #174
  • Jul 4, 2018 8:27am Jul 4, 2018 8:27am
Quoting raedmaa
instead of moving your fib ret -- put them all on the same fib --- penetrating every target by 10 pips open for the next target. cycle ends on 4.236 --- if penetrates 5.236 then there is another cont cycle.
Too many minor levels for me, I shall look at the 4.236. Is there any rational for this cycle end point. If it works then great and thank you for your input
  • #175
  • Jul 4, 2018 8:38am Jul 4, 2018 8:38am
Quoting Dilmeshsingh
{quote} I think by price he meant 'trend', follow the 'trend'.
Trend has 2x more pips then reversals. This is could be the trend edge, but you need to know exact places where/when the trend starts and ends. If you don't know, then you' ll lose spread in the long run. I tried many stuff, but couldn't find those places. Zigzag statistics showed me the sad truth: why grid trading fails, why martingale trading fails, why all pattern trading fails.
  • #176
  • Jul 4, 2018 9:07am Jul 4, 2018 9:07am
Quoting IenDzi
{quote} Trend has 2x more pips then reversals. This is could be the trend edge, but you need to know exact places where/when the trend starts and ends. If you don't know, then you' ll lose spread in the long run. I tried many stuff, but couldn't find those places. Zigzag statistics showed me the sad truth: why grid trading fails, why martingale trading fails, why all pattern trading fails.
Nobody can tell the exact point from where trend would reverse. We find it after it has reversed. But, like you said there are 2 times pips when following the trend, so there is always nicer and safer profit available as compared to trading reversals.

Have you tried double tops(DT) and double bottoms(DB)? I believe trend should be visible on naked chart. My idea is simple, if there are more DTs on the left side, its down trending; if there are more DBs on the left side, its up-trending. Try it, it actually works, unlike most other systems. Many times markets reverse from a DT or DB.
  • #177
  • Jul 4, 2018 11:35am Jul 4, 2018 11:35am
Quoting Nut
{quote} Too many minor levels for me, I shall look at the 4.236. Is there any rational for this cycle end point. If it works then great and thank you for your input

you can put only the major levels and delete the minor levels -- i use the minor levels for conformation and for for other strategies --- remember this only works on trending markets -- ranging markets have other set of rules and levels ..

at the end of a cycle -- markets start ranging to start another cycle -- every point on the chart have a cycle.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 122 KB
  • #178
  • Jul 4, 2018 11:38am Jul 4, 2018 11:38am
Quoting Dilmeshsingh
{quote} hi raedmaa, Nice observation you made. Even I was thinking that there is no need to draw new levels every time, but your observation of cycle end point is good. Thanks for sharing.
i have been trading fibo for more than 2 years now -- i know my fibo very well.
  • #179
  • Jul 4, 2018 11:44am Jul 4, 2018 11:44am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 123 KB
  • #180
  • Jul 4, 2018 12:02pm Jul 4, 2018 12:02pm
everything is in here.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 130 KB
0 traders viewing now