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Student of Socrates (SoS)

  • #141
  • Jan 18, 2020 5:21am Jan 18, 2020 5:21am
Quoting Geester
{quote} Very good - you know your indicator very well! Cheers!
cheers
  • #142
  • Jan 19, 2020 6:49am Jan 19, 2020 6:49am
Hey, Guys is there any way to remove the trendlines from this indi.. I love the bullish & Bearish reversal, and everything else but this trendline is way to busy for me...
  • #143
  • Edited 7:06am Jan 19, 2020 6:54am | Edited 7:06am
Quoting bossgroup
Hey, Guys is there any way to remove the trendlines from this indi.. I love the bullish & Bearish reversal, and everything else but this trendline is way to busy for me...
Hi Bossgroup,
Those are Cycle Channels, not Trend Lines.
Currently it is not possible. It will be possible in future versions

You can decrease the value of the Long Term Cycles in the meantime.
  • #144
  • Jan 19, 2020 11:24pm Jan 19, 2020 11:24pm
Good Morning Traders, and Happy ECM!

Today is all about getting in short in the US Share Market,
Currently holding two standard positions in US30, trading the DAILY PIN-BAR to the downside from the top of the cycle.
Lets see if we elect the hourly bearish reversal @ 29305.00 for a follow-through decline in price.
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  • #145
  • Jan 19, 2020 11:35pm Jan 19, 2020 11:35pm
Looking at the Daily chart, we have generated a 13 exhaustion pattern as well, a lot of things lining up for a 800-1000 pip drop this week.
Amazing how everything is in alignment with the ECM.
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  • #146
  • Edited Jan 20, 2020 12:11am Jan 19, 2020 11:54pm | Edited Jan 20, 2020 12:11am
US30 @ the bearish reversal...6min until candle-close.
I will try to keep you guys up to date and comment on the US30 throughout the day/week!
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  • #147
  • Jan 20, 2020 12:01am Jan 20, 2020 12:01am
Bearish Reversal Elected! (Sell)
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  • #148
  • Jan 20, 2020 1:02am Jan 20, 2020 1:02am
Nice follow-through on the hourly chart after electing the bearish reversal.
Currently temp pause @ the 15 min bearish reversal / cyclical support.
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  • #149
  • Jan 20, 2020 2:08am Jan 20, 2020 2:08am
Added another sell position on the 1min time frame, running 3 standard lot sizes atm (3.0).
Toatl Risk: 100 USD / Total Reward 3.000 USD (30x)
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  • #150
  • Jan 20, 2020 2:14am Jan 20, 2020 2:14am
Pretty sweet!
  • #151
  • Jan 20, 2020 2:55am Jan 20, 2020 2:55am
On a bullish/bearish reversal, does it have to be a two-candle setup? By that, I mean, does the first candle have to close outside the channel and the second close inside the channel or, can a single bar's high/low breach the channel and then finally close inside the channel, so, a single bar setup? Thanks!
  • #152
  • Jan 20, 2020 3:04am Jan 20, 2020 3:04am
Quoting Geester
On a bullish/bearish reversal, does it have to be a two-candle setup? By that, I mean, does the first candle have to close outside the channel and the second close inside the channel or, can a single bar's high/low breach the channel and then finally close inside the channel, so, a single bar setup? Thanks!
2-bar setup only
  • #153
  • Jan 20, 2020 3:17am Jan 20, 2020 3:17am
Thanks for the clarification
  • #154
  • Jan 20, 2020 3:35am Jan 20, 2020 3:35am
Quoting Geester
Thanks for the clarification
np bro
  • #155
  • Jan 20, 2020 4:29am Jan 20, 2020 4:29am
Does this look about right for the second break line from the high? If so, look how perfectly the price action interacts with it. There is a nice order block sitting there too.

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  • #156
  • Jan 20, 2020 5:28am Jan 20, 2020 5:28am
Quoting Geester
Does this look about right for the second break line from the high? If so, look how perfectly the price action interacts with it. There is a nice order block sitting there too. {image}
yea correct, it’s the cycle of the price, it’s true /support resistance.
  • #157
  • Jan 20, 2020 5:36am Jan 20, 2020 5:36am
Price creates and follows the cycles, the cycles reveal the frequency of the market. There is so much more to the market than most would think.

Nothing is random because random does not exist. Everything have an order.
  • #158
  • Jan 20, 2020 10:48am Jan 20, 2020 10:48am
it`s me having problems to define a strategy to follow..ok..I see opportunities in different timeframes... but as not beeing a professional
trader who loves to follow clear systematical principles and taking tades on daily timeframe a lot help is needed..

I see the potential but sometimes I´m lost..
  • #159
  • Jan 20, 2020 6:22pm Jan 20, 2020 6:22pm
Quoting baxter01
it`s me having problems to define a strategy to follow..ok..I see opportunities in different timeframes... but as not beeing a professional trader who loves to follow clear systematical principles and taking tades on daily timeframe a lot help is needed.. I see the potential but sometimes I´m lost..
I understand, in the PRO version that will be released later it will be very easy to trade. Just a little patiece
  • #160
  • Edited 7:37pm Jan 20, 2020 6:28pm | Edited 7:37pm
BOOOM!
Here we go,

ECM predicted the high in US30 SPOT ON!

and...
SoS provided the PERFECT ENTRY!

We are looking at a long term correction to the downside moving forward,
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