Student of Socrates (SoS) | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SOS here! Super strange "Stepma" indicator 3 replies

Another new student 6 replies

Forex Without a Job (College/Uni Student) 35 replies

GusForex - College student on a mission 2 replies

student needs answers to some questions 5 replies

Attachments: Student of Socrates (SoS)
Exit Attachments

Student of Socrates (SoS)

  • #41
  • Edited May 19, 2020 7:56am Jan 11, 2020 5:45pm | Edited May 19, 2020 7:56am
Update: Version 1.20
This version comes with a O/H/L/C/C Panel from the PREVIOUS DAYs trading session.
Hope you like it, its good information. In settings you can choose to show/hide

The latest version, from this point on, can be found on the first page as well.
{ sensitive information deleted by staff, per request }
Attached Image
  • #42
  • Jan 12, 2020 4:39pm Jan 12, 2020 4:39pm
Hi, there. On page #13 of the major document, when talking about "Break-Lines", it says:

If we step back to the SECOND previous HIGH and tie that to the SECOND LOW moving forward marking this #2

Line #2 is actually based on the THIRD previous high, if line #1 is based on the "FIRST prior high" (line #1A is actually based on the 2nd previous high).

Am I misunderstanding something or is the document just a bit misleading in this area?

Thanks!
  • #43
  • Jan 12, 2020 4:53pm Jan 12, 2020 4:53pm
Quoting Geester
Hi, there. On page #13 of the major document, when talking about "Break-Lines", it says: If we step back to the SECOND previous HIGH and tie that to the SECOND LOW moving forward marking this #2 Line #2 is actually based on the THIRD previous high, if line #1 is based on the "FIRST prior high" (line #1A is actually based on the 2nd previous high). Am I misunderstanding something or is the document just a bit misleading in this area? Thanks!
Its a bit misleading, yes.
You can draw 3 of them as it says, you connect the first prior low to first high, second low back to second high forward...and so on.
Have a look at the screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB
  • #44
  • Jan 12, 2020 5:07pm Jan 12, 2020 5:07pm
Quoting StudentofSoc
{quote} Its a bit misleading, yes. You can draw 3 of them as it says, you connect the first prior low to first high, second low back to second high forward...and so on. Have a look at the screenshot. {image}
Perfect, makes total sense. I just kept coming back to that unsure whether I had fully understood what I had read! Thanks again
  • #45
  • Jan 12, 2020 5:10pm Jan 12, 2020 5:10pm
Quoting Geester
{quote} Perfect, makes total sense. I just kept coming back to that unsure whether I had fully understood what I had read! Thanks again
np mate, happy to help
  • #46
  • Edited 6:32pm Jan 12, 2020 6:16pm | Edited 6:32pm
Spotted a potential shorting opportunity on AUD/USD - Long Term?

AUD/USD 4hr Chart Anlaysis (One Week ahead of ECM come January 20th)
Price has broken and is currently trading below the break line.
This is in fact very interesting, because next week is the ECM turning point which may ignite a USD rally and a decline in GOLD (GOLD and AUD have strong correlation). Meaning that a pullback to this level followed by a (9?) reaction to the downside prior to the 20th may actually give us an extremely good entry heading in to the ECM. So stay alerted on this one, we might have a very prosperous trade ahead with low risk.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 69 KB
  • #47
  • Jan 13, 2020 8:33am Jan 13, 2020 8:33am
Is there a technical explanation of why (where I have arrowed) is deemed to be a "major high level"? Thanks.

Attached Image (click to enlarge)
Click to Enlarge Name: room.png Size: 62 KB
  • #48
  • Jan 13, 2020 8:44am Jan 13, 2020 8:44am
Quoting Geester
Is there a technical explanation of why (where I have arrowed) is deemed to be a "major high level"? Thanks. {image}
What version do you have?
  • #49
  • Jan 13, 2020 8:45am Jan 13, 2020 8:45am
Quoting StudentofSoc
{quote} What version do you have?
V 1.20
  • #50
  • Jan 13, 2020 8:47am Jan 13, 2020 8:47am
Quoting Geester
{quote} V 1.20
ahh i uploaded an alternative version by accident. Fixing it now.
Must have mixed them up with all updates.
  • #51
  • Edited May 15, 2020 6:27am Jan 13, 2020 9:03am | Edited May 15, 2020 6:27am
Latest Version 1.25

{ copyrighted attachments deleted by staff }
  • #52
  • Jan 13, 2020 9:29am Jan 13, 2020 9:29am
Quoting StudentofSoc
Latest Version 1.25 {file}
Thanks for that!
  • #53
  • Jan 13, 2020 11:24am Jan 13, 2020 11:24am
What constitutes a bullish or bearish reversal? Is it something to do with Demark's logic? I note that these reversal levels are not actually regular highs/lows.
  • #54
  • Jan 13, 2020 11:31am Jan 13, 2020 11:31am
I've posted an image below. Is there a reason why an additional 2019.09.05 "shadow" line (parallel line) hasn't been added at the low that I've arrowed in red? Thanks.

Attached Image (click to enlarge)
Click to Enlarge Name: room.png Size: 77 KB
  • #55
  • Jan 13, 2020 11:58am Jan 13, 2020 11:58am
Quoting Geester
What constitutes a bullish or bearish reversal? Is it something to do with Demark's logic? I note that these reversal levels are not actually regular highs/lows.
In the guide.pdf i I coverd this topic slightly. Hope this refresh and explains
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
  • #56
  • Jan 13, 2020 12:01pm Jan 13, 2020 12:01pm
Quoting StudentofSoc
{quote} In the guide.pdf i I coverd this topic slightly. Hope this refresh and explains {image}
Dang, sorry, I must have missed this! My bad, thanks for pointing it out again
  • #57
  • Jan 13, 2020 12:02pm Jan 13, 2020 12:02pm
Quoting Geester
I've posted an image below. Is there a reason why an additional 2019.09.05 "shadow" line (parallel line) hasn't been added at the low that I've arrowed in red? Thanks. {image}
That is actually not a qualified low. It have to be isolated. The indicator does a perfect job of sorting this problem out.
Its a good thing we dont draw them because you would have one channel, and I would have another, and we would be like elliot wave traders..all using same method but different results lol
  • #58
  • Jan 13, 2020 12:04pm Jan 13, 2020 12:04pm
Quoting Geester
I've posted an image below. Is there a reason why an additional 2019.09.05 "shadow" line (parallel line) hasn't been added at the low that I've arrowed in red? Thanks. {image}
what market is that? let me show you why, in a zoomed close-up..
  • #59
  • Jan 13, 2020 12:35pm Jan 13, 2020 12:35pm
Quoting StudentofSoc
{quote} what market is that? let me show you why, in a zoomed close-up..
It's EU / H4
  • #60
  • Jan 13, 2020 12:48pm Jan 13, 2020 12:48pm
Quoting Geester
{quote} It's EU / H4
Now when looking closer i am not sure if I actually understood what you ment...
Are you refering to this point?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB
0 traders viewing now