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  • #1,144,781
  • Nov 2, 2018 6:17am Nov 2, 2018 6:17am
Quoting keep4x
well after news i think EUR-USD & GBP-USD going down
Since it is the last weekend for my University students, we are out in the bar with big screen on for today's news release. We are testing out our individual knowledge of why markets move ( especially continuous markets ) like Forex. We are having fun with each of us placing trades in our Demo accounts to avoid any loss of profits earned. ( I don't want to end up paying bills for their Cocktails and Cigars )
We are going to test if the markets will go up or down. I think it will go up. BUT One of the most remarkable suggestions all of my students are giving is Sharply down to 1.1410-1.1416 region then any further move. These young students each have a degree / Diploma in computers.

If I win, I get to take 6 beers home, but if they win, I have to get them each a beer. Fair enough.

May be they may be correct, but I suggest that never be over confident in this market. They think like software algorithms. Currently they have worked with Fibo and waves , also plotting the waves upside down to create a symmetry of intersecting points. Currently in a software / programming mode, they will be coding them in MT4 or MT5 soon. Once they have it ready, I will post it here.

Because coding is not for OLD people like me, I let them do this assignment on their own.

Time for Another cocktail
Just retired from University
  • #1,144,782
  • Edited 8:03am Nov 2, 2018 6:31am | Edited 8:03am
Quoting imwim
{quote} Btw, what's your waves number ... 5, 7, or even 12 ?
LOL.

I'm not sure about the numbers yet...I need numbers that disguise that this is really somebody's else original work in order to fool the new and inexperienced traders so I can be seen as a trading God and Guru.


Speaking of original work: here is an outstanding scalping and swing system. I call it the Brown Channel Trading Super Dooper Straight-Forward System...totally original (as usual) and created by me...it can't be found in books, blogs or web-sites because it is original and created by me. So new and inexperienced traders you won't find it if you look for it because it is original and created only by me.

1. buy when price forms a price pivot on the lower band with a SL below the swing low; close half of the position when price touches the dotted mean line and close the rest of the position when price touches the top band.

2. Sell: the opposite of 1.

3. Break out buy: if price breaks out of the top band, wait for a retrace towards the top band and then for price to form a pivot if the close of the last bar of the pivot is higher than the top band, enter long. SL at the Pivot low (1 pip below). Trail the price using the top band minus X number of pips (x depends on the time-frame being traded).

4. Break out Sell: the opposite of 3.

This super-dooper original system created by me and me alone conceived using a great number of theoretical concepts and can be used to cream pips from the EURUSD and any other pair or financial instrument because I love you because you are all family. Remember, this is totally original and can't be found on blogs, books or websites because I created so it is totally original and unique....and yes created by me.

You you can download the free indicator here but remember it can not be found on any blogs, web-sites or books.

Give it a try because (with seriousness this time) it actually works but you need to commit to a week on a demo to get used to it.

https://www.mql5.com/en/market/produ...tab_p_overview
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  • #1,144,783
  • Nov 2, 2018 6:42am Nov 2, 2018 6:42am
Quoting mbrown
{quote} LOL. I'm not sure about the numbers yet...I need numbers that disguise that this is really somebody's else original work in order to fool the new and inexperienced traders so I can be seen as a trading God and Guru.

Man .. . . . I will collapse. . . . . .kindly spare me [and few more fellows here ...]




  • #1,144,784
  • Nov 2, 2018 6:47am Nov 2, 2018 6:47am
Recent high =114.56 Might touch 114.61 soon . I think NFP will provide for a 50-100 pips spike before

continuing UP . Just my take .

Meanwhile you may study NEW trading methods , never published again , and NOT appearing in any BOOK .

[this is guarranteed ...]

Crew , enjoy



  • #1,144,785
  • Nov 2, 2018 7:26am Nov 2, 2018 7:26am
Quoting darksize
{quote} Adding more longs, looking good, could retrace a bit to add more. {image}
Closed longs.
-._.-
  • #1,144,786
  • Nov 2, 2018 7:59am Nov 2, 2018 7:59am
Quoting imwim
{quote} I still think that Suthmo has hijacked mbrown's account ... Btw, what's your waves number ... 5, 7, or even 12 ?
Suthmo is 1 shy kid side by side with mbrown.

Quoting F.g
{quote} Man .. . . . I will collapse. . . . . .kindly spare me [and few more fellows here ...]
I think he is just starting lol .

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #1,144,787
  • Nov 2, 2018 8:08am Nov 2, 2018 8:08am
EURUSD needs to close above 1430 on the daily or to breach it by 30 pips (then close towards the high) on the 60 min for continuation higher. Anything other than that points to a much lower correction.

IMHOAVOAUO (In my honest and very original and unique opinion because I thought it and it is mine...original...the super doopy straight forward IMHOAVOAUO system).

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I don't see that very often on the 30m. No way one could plan for it but if I was forced to call it I'd say it is an indication of an eye watering downward movement in the near future. If anyone has a market profile chart to share it would be appreciated and I promise not to rename the Market Profile: " Brown's original normal distribution of price created by mBrown which is a very original new theory created by me).

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Volume appears to be increasing on downward movement. Easier with a market profile but the raw volume seems to be supporting the down move.


Volume is actually a theory I created but I'll tell you about that another day.
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  • #1,144,788
  • Nov 2, 2018 8:48am Nov 2, 2018 8:48am
Sometimes less is more (1hour):
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  • #1,144,789
  • Nov 2, 2018 8:58am Nov 2, 2018 8:58am
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Not cherry picked. Actually that formation is relatively rare on the 1 hour. Please don't say you've created the theory after viewing the charts.

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So at this point one is not confident of a down move but know that the balance of probabilities favours a downmove. Naturally, price must retrace higher to lull the majority into a sense of bull security.

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So the question must be...how high will price have to go to create that sense of security. Well, 1430 has been on every radar (retail and professional for different reasons) for some time. I suspect a breach and a little development between 1430 and 1440 will be sufficient to create the lullaby lull since most folks will pull the trigger at 1431 IMHO. I'd say a small short at 1435...10 pip SL with the intention of adding to the position each 10 pip down increment is the optimum execution scenario for this particular setup.
  • #1,144,790
  • Nov 2, 2018 9:11am Nov 2, 2018 9:11am
A lullaby lull. Not to be mistaken for a stop hunt with tend to be more routine and artifactual whereas the lull is 100% about trading psychology. I apologise, I am not sure of the correct term for the lull but I am sure it exists out there and I don't have the level of arrogance (and I'm an arrogant btard) to claim existing knowledge as my own creation.

There's no point going in lot hard at 1435 because there are no sure things. 1435 is strictly about testing the water, priming the mind as only skin in the game can do.
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  • #1,144,791
  • Nov 2, 2018 9:23am Nov 2, 2018 9:23am
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Price has moved to 1429 exactly on course for where our plan expects it to go. Physic degrees are not required to know price is likely to play with 1430 unless price desires a bull continuation. Bull continuations are analogous to hot knives through butter as a Singaporean mate puts it. In most cases if the current price action had hairy balls it would demolish 1430 like it wasn't there. In most cases not in all cases. 1435 looks good for short trade exploration.

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Whilst we are waiting for price to re-breach 1430 allow me to write a little about trading plans.

Frankly, I have yet to meet a trader who knows why a trading plan is necessary. Don't get me wrong...many traders have plans and learnt about the need for one without actually knowing the precise reason why.

Price breach..wait...out.
  • #1,144,792
  • Nov 2, 2018 9:35am Nov 2, 2018 9:35am
Quoting mbrown
{quote} LOL. I'm not sure about the numbers yet...I need numbers that disguise that this is really somebody's else original work in order to fool the new and inexperienced traders so I can be seen as a trading God and Guru. Speaking of original work: here is an outstanding scalping and swing system. I call it the Brown Channel Trading Super Dooper Straight-Forward System...totally original (as usual) and created by me...it can't be found in books, blogs or web-sites because it is original and created by me. So new and inexperienced traders you won't...
I wonder if it's possible to remove/hide the indicator's signal arrows and display the new signal arrows according to your entry rules ...
I am who I am
  • #1,144,793
  • Edited 9:57am Nov 2, 2018 9:46am | Edited 9:57am
Quoting imwim
{quote} I wonder if it's possible to remove/hide the indicator's signal arrows and display the new signal arrows according to your entry rules ...
There's no point having it too mechanical because you won't develop the cognitive trading skills necessary to move on to a new system in the future. You always need at least one question mark bro.

Using it in the way I've prescribed will earn you good pips but more importantly it will put you in a position to earn more in the future using other methods because of the mental development from looking for pivots and breaks etc.
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Still waiting for 1435 but if price breaches 1405 then forget about 1435 and look to get short on the 0.618 retrace (I can't write the price because the down move hasn't happened yet.).
  • #1,144,794
  • Nov 2, 2018 9:55am Nov 2, 2018 9:55am
Quoting mbrown
{quote} There's no point having it too mechanical because you won't develop the cognitive trading skills necessary to move on to a new system in the future. You always need at least one question mark bro. Using it in the way I've prescribed will earn you good pips but more importantly it will put you in a position to earn more in the future using other methods because of the mental development from looking for pivots and breaks etc. --------------------------------------------------- Still waiting for 1435.
I wonder if an algo can have a question mark too ... If yes, it should become a LM (learning machine) ...
I am who I am
  • #1,144,795
  • Nov 2, 2018 10:00am Nov 2, 2018 10:00am
Quoting imwim
{quote} I wonder if an algo can have a question mark too ... If yes, it should become a LM (learning machine) ...
A different topic. This thread is about manual trading (I think).
  • #1,144,796
  • Nov 2, 2018 10:03am Nov 2, 2018 10:03am
Quoting mbrown
{quote}Still waiting for 1435 but if price breaches 1405 then forget about 1435 and look to get short on the 0.618 retrace (I can't write the price because the down move hasn't happened yet.).

Okay, I admit...this is a bit of a fooked up scenario. Because we are waiting for entry at the point of maximum return to risk. This naturally means missing the occasional entry...those who do not care about 3 or 4 pips are probably already short. I care because of the mental discipline that is enforced, something I can rely on in future trade combat. So no 1435 so we wait for the 0.618 retrace...no price yet.

However, solace is enjoyed because we are interpreting price action correctly whilst performing correct real-time empirical price analysis.

More importantly...this is just looking at a chart of price zero indicators...never look for the perfect trading solution because the question mark develops the mind to interpret RAW price.

Above 1405...I'm holding out for 1435.
  • #1,144,797
  • Edited 10:32am Nov 2, 2018 10:15am | Edited 10:32am
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If it breaches 1405 and if you are already fortunate enough to be short...you really should be looking at that trade as an investment. Leave the necessary deposit in that trading account and transfer the remainder to a new account then leave the other one alone. That's my advice.

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Okay...I feel as though I'm taking up all the space in here so I'm retiring to enjoy the weekend. However, I'm glad price is currently structured in such a way to hit the ground running in green pips come market open.

Have a good weekend and green pips all.

P.S. These post are all original and you won't find them anywhere (blogs, books websites) because they are original and created by me using my super dooper FF empirical interpretation of the normal distributed price theory...just me...and...no one else because they are original...let's call it the "leave early on Friday really straight forward like a piece of cake system".
  • #1,144,798
  • Nov 2, 2018 10:30am Nov 2, 2018 10:30am
Quoting mbrown
A lullaby lull. Not to be mistaken for a stop hunt with tend to be more routine and artifactual whereas the lull is 100% about trading psychology. I apologise, I am not sure of the correct term for the lull but I am sure it exists out there and I don't have the level of arrogance (and I'm an arrogant btard) to claim existing knowledge as my own creation. There's no point going in lot hard at 1435 because there are no sure things. 1435 is strictly about testing the water, priming the mind as only skin in the game can do. {image}

lullaby lull. kkkkkkkkk

.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #1,144,799
  • Nov 2, 2018 10:32am Nov 2, 2018 10:32am
Quoting mbrown
If it breaches 1405 and if you are already fortunate enough to be short...you really should be looking at that trade as an investment. Leave the necessary deposit in that trading account and transfer the remainder to a new account then leave the other one alone. That's my advice.
LOL OMG

are delibratley trying to scew people here ?
rat
  • #1,144,800
  • Nov 2, 2018 10:34am Nov 2, 2018 10:34am
Quoting rattyo
{quote} LOL OMG are delibratley trying to scew people here ?
It a big call my Rat but below 1405, give it 28 days before you start to throw the rat shit. There's only bull pain below 1405. However, it needs to get belpow 1405 which isn't guaranteed for all I know it may go straight through 1435 and to 1500 and beyond. Time will tell my sewer smelling Rodent.
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