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Student of Socrates (SoS)

  • #81
  • Jan 14, 2020 8:58am Jan 14, 2020 8:58am
Quoting Geester
{quote} Were you alerted to this using FX Capital Flow indicator or just by looking at the charts? Do you have a specific watchlist that you use?
This one in particular was already on my watchlist.
I scroll through the charts etc, using Capital Flow and other methods...I just look for obvious trades on the larger time frames, if the lower time frames line up .. then perfect
  • #82
  • Jan 14, 2020 9:18am Jan 14, 2020 9:18am
Quoting StudentofSoc
{quote} Thanks, can you show me a screenshot?
Attached Image (click to enlarge)
Click to Enlarge Name: Sos1.png Size: 92 KB
"Great Men are not born great, They Grow Great."
  • #83
  • Jan 14, 2020 9:22am Jan 14, 2020 9:22am
That is really strange...
Try THIS latest version, v1.25.
  • #84
  • Jan 14, 2020 9:37am Jan 14, 2020 9:37am
Quoting StudentofSoc
That is really strange... Try THIS latest version, v1.25.
Same thing,.... history matters??
Attached Image (click to enlarge)
Click to Enlarge Name: sos2.png Size: 76 KB
"Great Men are not born great, They Grow Great."
  • #85
  • Jan 14, 2020 9:44am Jan 14, 2020 9:44am
Quoting MyProfit
{quote} Same thing,.... history matters?? {image}
Hmm, I just tried on 4 different computers...all work.
Honestly I am kinda lost as to why it would not work in your terminal.

If you dont mind, try to perhaps download another MT4 platform / or re-install your current one?
  • #86
  • Jan 14, 2020 9:49am Jan 14, 2020 9:49am
Quoting MyProfit
{quote} Same thing,.... history matters?? {image}
I have an idea...but first, can you pleae show me a screenshot of your indicators-folder?
  • #87
  • Jan 14, 2020 9:53am Jan 14, 2020 9:53am
Sorry, I can't do that...thank you anyway
"Great Men are not born great, They Grow Great."
  • #88
  • Jan 14, 2020 10:39am Jan 14, 2020 10:39am
Ok, now it's working, Thank You sos for your help....
Attached Image (click to enlarge)
Click to Enlarge Name: sosworking.png Size: 96 KB
"Great Men are not born great, They Grow Great."
  • #89
  • Edited 11:06am Jan 14, 2020 10:42am | Edited 11:06am
AUD/JPY Short Term Analysis
There is a 13 Exhaustion Pattern on the hourly time frame @ the 76.000 level which is lining up with cyclical resistance.
A reaction to the downside is likely. For a sustained decline, we need to break and close below the channel then exceed the breakling bars low within 3 time units. Learn more about The Golden Rule of Reactions HERE and HERE.

13 Risk Level: 76.347862, on a closing basis.
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  • #90
  • Jan 14, 2020 4:05pm Jan 14, 2020 4:05pm
Quoting StudentofSoc
AUD/JPY Short Term Analysis There is a 13 Exhaustion Pattern on the hourly time frame @ the 76.000 level which is lining up with cyclical resistance. A reaction to the downside is likely. For a sustained decline, we need to break and close below the channel then exceed the breakling bars low within 3 time units. Learn more about The Golden Rule of Reactions HERE and HERE....
AUD/JPY Update!
Price is now trading below the channel, we need to exceed the breakout-bars low of 75.70 within 3 time units to maintain a sustainable decline.
The cyclical derived channel from the high is steep, warning of a possible sharp decline.
Attached Image (click to enlarge)
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  • #91
  • Edited Jan 15, 2020 12:14am Jan 14, 2020 11:58pm | Edited Jan 15, 2020 12:14am
Quoting StudentofSoc
{quote} AUD/JPY Update! Price is now trading below the channel, we need to exceed the breakout-bars low of 75.70 within 3 time units to maintain a sustainable decline. The cyclical derived channel from the high is steep, warning of a possible sharp decline. {image}
AUD/JPY Update - Follow Up
Price did not exceed the breakout-bars low within 3 time units, instead price generated a 9 exhaustion pattern, warning that we might see a rally to test resistance.
I am closing the trade with +18 pips in net profit as we did not get the follow-through as hoped.


Result: +18 pips
Total NetProfit/Loss in SoS Trading Journal: +39 pips

Moving on to the next trade...
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  • #92
  • Edited Apr 8, 2022 3:44am Jan 15, 2020 1:51am | Edited Apr 8, 2022 3:44am
EUR/GBP: Bear Market Analysis
I have upgraded the FX Capital Flow Model to suit SoS Bull/Bear Market Analysis, see attached file. This version will only show the strongest markets.
Projected Target @ 0.8278.
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{ copyrighted attachment deleted by staff }
  • #93
  • Edited 3:17am Jan 15, 2020 2:56am | Edited 3:17am
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I've arrowed what I believe is the 3rd bar _after_ the breakout bar. Have I selected the correct bar?

Also, the 2nd arrow points to dashes that SoS has printed. Is that some kind of support level and if so, why?

Edit: Also, which bar did you get in on to secure your 18 pips?

Many thanks.
  • #94
  • Jan 15, 2020 3:14am Jan 15, 2020 3:14am
I still have problems to understand on which timeframe your decision to take a trade is based on?

Is it the weekly for basic direction and entries on data on lower timeframes?

I would be thankfull if you could explain your process a bit more.
  • #95
  • Jan 15, 2020 3:21am Jan 15, 2020 3:21am
Quoting Geester
{image} I've arrowed what I believe is the 3rd bar _after_ the breakout bar. Have I selected the correct bar? Also, the 2nd arrow points to dashes that SoS has printed. Is that some kind of support level and if so, why? Many thanks.
Yes correct, that is the 3rd bar.

The dashed line is the Risk Assessment from the 9 exhaustion pattern. It becomes dashed if price close below meaning it's no longer valid. It is solid if still valid. Solid lines that extend from the past marks an area of importance because price once before turned at this level without breaking.
  • #96
  • Jan 15, 2020 3:29am Jan 15, 2020 3:29am
Quoting baxter01
I still have problems to understand on which timeframe your decision to take a trade is based on? Is it the weekly for basic direction and entries on data on lower timeframes? I would be thankfull if you could explain your process a bit more.
Hi baxter01,
It depends what time frame I can easily identify the market, angles etc. There are no rules. It's dynamic. However you should not go any lower than two time frames, from the time frame you are trading.

example: EUR/GBP monthly bearish trend.
I need to get a clear picture from SoS of a bearish market, so I check the monthly weekly and daily time frame. Any lower would be too low because remember we are looking from a monthly perspective.
If non of these time frames show me an obvious opportunity to short then I pass. Only take what's obvious, everything have to clique and align so to speak. Whatever time frame shows me a clear bearish path will be the trigger time frame for the trade.
  • #97
  • Jan 15, 2020 3:38am Jan 15, 2020 3:38am
Quoting baxter01
I still have problems to understand on which timeframe your decision to take a trade is based on? Is it the weekly for basic direction and entries on data on lower timeframes? I would be thankfull if you could explain your process a bit more.
I am working on a big update that will make it so much easier to trade...will be released in the coming weeks. Pro version
  • #98
  • Jan 15, 2020 3:44am Jan 15, 2020 3:44am
Quoting StudentofSoc
{quote} Yes correct, that is the 3rd bar. The dashed line is the Risk Assessment from the 9 exhaustion pattern. It becomes dashed if price close below meaning it's no longer valid. It is solid if still valid. Solid lines that extend from the past marks an area of importance because price once before turned at this level without breaking.
Why does the line print at that level though, relative to the 9 bar? The low of the 9 bar was much higher than the level Thanks!
  • #99
  • Jan 15, 2020 3:49am Jan 15, 2020 3:49am
Quoting Geester
{quote} Why does the line print at that level though, relative to the 9 bar? The low of the 9 bar was much higher than the level Thanks!
The risk level is the same size of the 9 (or 13) bar, duplicated from (in this case) the low. In other words if the bar that made the 9 is 10 pips then the risk level will be 10pips from the low of the bar. TD RISK LEVEL.
  • #100
  • Jan 15, 2020 3:52am Jan 15, 2020 3:52am
Quoting StudentofSoc
{quote} The risk level is the same size of the 9 (or 13) bar, duplicated from (in this case) the low. In other words if the bar that made the 9 is 10 pips then the risk level will be 10pips from the low of the bar. TD RISK LEVEL.
There is often momentum left after a 9/13, this gives room for that momentum to play out.
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