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Plan the Trade

  • #9,001
  • Nov 14, 2018 9:12am Nov 14, 2018 9:12am
Quoting erasmus66
{quote} this one here Harold: {image}
Yep it was a 2b followed by a 123 remember video I showed yesterday with the way market is moving these days taking the conventional break is a good play risk 40 to make 80 obviously reduce lot size
  • #9,002
  • Nov 14, 2018 9:16am Nov 14, 2018 9:16am
Quoting VEEFX
{quote} I will probably need some caffeine to absorb these as my brain is fried running my quant model in excel. I have tried the long term position trading and it makes me think about the markets all the time. I am loving the one hour a day razor focussed session with rigor as it aligns with my personality and style of managing chaos via spatial analysis. "If the markets start to look choppy I will switch to a method that uses a target price (take profit). I will keep using it until I have a trade that completes and then price keeps moving on."......
Here is how my chart looks

Harmonics + Time
Attached Image(s) (click to enlarge)
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  • #9,003
  • Nov 14, 2018 9:19am Nov 14, 2018 9:19am
Quoting Divergence
{quote} Yep it was a 2b followed by a 123 remember video I showed yesterday with the way market is moving these days taking the conventional break is a good play risk 40 to make 80 obviously reduce lot size
looks good will investigate
Become the casino
  • #9,004
  • Nov 14, 2018 9:21am Nov 14, 2018 9:21am
Quoting Evasparkling
{quote} Here is how my chart looks Harmonics + Time {image} {image} {image} {image}
yo..what is this "forex" shit..you best get out of here boy..we don't want your kind round here...
  • #9,005
  • Nov 14, 2018 9:29am Nov 14, 2018 9:29am
Quoting Rmg
SOME ugly distribution phase, -1170 ticks if cant do this on sim, what make me thinks to go for live, this is what happened when try to deviate from my original plan.
Dont change a winning team
  • #9,006
  • Nov 14, 2018 9:33am Nov 14, 2018 9:33am
poc just changed. should go up now.
  • #9,007
  • Nov 14, 2018 9:38am Nov 14, 2018 9:38am
Daily change is popping positive/negative about 6852.75. That doesnt seem to quite be daily open on my chart. How is that calculated or from what time?
  • #9,008
  • Nov 14, 2018 9:38am Nov 14, 2018 9:38am
Quoting bapakjason
{quote} Dont change a winning team
Today is my day off so i thought of trading earlier london session, wrong side of the market all along against my basic strategy . manage to recover most of it -136 ticks now off course with crazy lot sizes which can never happen in live account, just saying how important is that to stick with whats working for ourselves. looking to sell again now.
on a postive roll...
  • #9,009
  • Nov 14, 2018 9:41am Nov 14, 2018 9:41am
Quoting Rmg
{quote} , just saying how important is that to stick with whats working for ourselves. looking to sell again now.
100% agreed
  • #9,010
  • Nov 14, 2018 9:46am Nov 14, 2018 9:46am
Quoting hilmy83
poc just changed. should go up now.
Something is messed up with my POC indicator... I drag my chart and POC line changes. It's like it is only calculating based on visible candles. Does this happen to you also (in Sierra) ?
Staying in my lane...
  • #9,011
  • Nov 14, 2018 9:47am Nov 14, 2018 9:47am
Quoting erasmus66
{quote} this one here Harold: {image}
I took the break of that large down candle. My logic was waiting for a reaction at the pinbar on the left (consuming the demand) and when I saw a small reaction put a sell stop below the large candle. Manual close at +18. Did the same later on for a +20 and +16. Nice compensation for the two losing trades I started with at +30 at the moment.
  • #9,012
  • Nov 14, 2018 9:49am Nov 14, 2018 9:49am
Quoting VEEFX
{quote} Something is messed up with my POC indicator... I drag my chart and POC line changes. It's like it is only calculating based on visible candles. Does this happen to you also (in Sierra) ?
If it's only based on visible candles, zoom out and see if it changes in relation to one candle. It probably won't. If you are using today's forming value area, it will change as the day goes on. As you scroll through history, you can see where it was at any given time.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #9,013
  • Nov 14, 2018 9:49am Nov 14, 2018 9:49am
Quoting VEEFX
{quote} Something is messed up with my POC indicator... I drag my chart and POC line changes. It's like it is only calculating based on visible candles. Does this happen to you also (in Sierra) ?
There is indeed a setting for only visible candles
  • #9,014
  • Nov 14, 2018 9:50am Nov 14, 2018 9:50am
Quoting VEEFX
{quote} Something is messed up with my POC indicator... I drag my chart and POC line changes. It's like it is only calculating based on visible candles. Does this happen to you also (in Sierra) ?
at work so can't check sierra right now. i use tradingview right now. it has the setting to "fixed" so i can view the daily profile.

but for sierra, i believe you can set it to fixed time no?, otherwise you're right, it will change when you scroll based on visible bars.

Quoting hilmy83
poc just changed. should go up now.
assholes just won't let that poc hold.
  • #9,015
  • Nov 14, 2018 10:03am Nov 14, 2018 10:03am
Quoting Evasparkling
{quote} Here is how my chart looks Harmonics + Time {image} {image} {image} {image}
I will look a bit later but this is not the thread for FX. If you are referring my post on universal time action (I will soon delete all my bookmarks), it was purely quant based without looking at charts. I never investigated or studied Gann or any of the famous names (Elliot, Andrews, Wilder etc). If any of them worked then there should be only one guru and not 100s. The closest my research on Time Action came to was with what Mandlebrot did with his recursive signature set. Recursiveness is all over the place in this fractal market limited only by computing power, imagination and drive to look inside of the inside of the inside.... just like Madlebrot used IBM's computing power to come up with his universal symbol to measure roughness.

Sorry man. I am left the FX world as no amount of intelligence in EA will beat a broker controlled scam/manipulated market. I tried my Time Action engine with two brokers and both played the same trick of disconnecting my terminal from their servers during equity explosion cycles back in May/June. If an EA is forcefully disconnected, you can't do shit but to find peace in knowing you did everything in your power to succeed. It's no longer in me to spend time in Spot FX. It has been a complete waste of time (apart from making 1200% on a $1000) since 2015 as it relies on a 28 pair strength/weakness model and 3 volatility cycles every day which does not exist in Futures.

I will revisit this model in my retirement to keep my aging brain from going rusty :-)
Staying in my lane...
  • #9,016
  • Nov 14, 2018 10:04am Nov 14, 2018 10:04am
Quoting bapakjason
Daily change is popping positive/negative about 6852.75. That doesnt seem to quite be daily open on my chart. How is that calculated or from what time?
There is a difference between the"last" traded price and the "settlement" - see this:

https://www.sierrachart.com/index.ph...DailyChartBars
  • #9,017
  • Nov 14, 2018 10:05am Nov 14, 2018 10:05am
6802 prev low needs to hold. i think we just hae a wide distribution day..but POC should be around 6860..

if it breaks below today's low..then all hell should break loose..
  • #9,018
  • Nov 14, 2018 10:07am Nov 14, 2018 10:07am
Quoting bapakjason
{quote} There is indeed a setting for only visible candles
you guys are using this indicator right? It has some 50 settings in it.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 49 KB
Staying in my lane...
  • #9,019
  • Nov 14, 2018 10:09am Nov 14, 2018 10:09am
Quoting hilmy83
6802 prev low needs to hold. i think we just hae a wide distribution day..but POC should be around 6860.. if it breaks below today's low..then all hell should break loose..
Short since 6893 so I am good with it breaking the low and letting all hell loose.
  • #9,020
  • Nov 14, 2018 10:13am Nov 14, 2018 10:13am
Quoting magnumfreak
{quote} Short since 6893 so I am good with it breaking the low and letting all hell loose.
FYI - I did terrible today. Glad I did not go live lol

Both breakout trades were a bust as expected because of the 00 line. Collecting stats matter and I am only half way thru dissecting my model
Staying in my lane...
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