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Higher Edge within a Single Candlestick

  • #2,321
  • May 16, 2018 3:32am May 16, 2018 3:32am
Quoting VEEFX
Happy New Year to all our esteemed members of FoolsFactory! There is ONLY ONE Edge necessary for every Strategy and across all markets regardless of your years of trading experience, knowledge or understanding. G(F) "GET IT DONE (WITH FOCUS)" !!!!! THIS IS THE KEY INGREDIENT TO ACHIEVE SUCCESS IN 2018. YOU AND ONLY YOU CAN FORCE THIS YEAR TO BE THE LAST YEAR OF STRUGGLE WITH TRADING. STOP THE SPECULATION OF WHAT CRUCIALPOINT DOES, DEFINE YOUR OWN GOALS AND OBJECTIVES AND GET TO WORK WITH DISCIPLINE AND FOCUS. THERE IS NO SHORT CUT TO SUCCESS! LET...
Thanks to all the Thread participants. Stay Focused !

https://www.forexfactory.com/showthr...4#post11064684
Staying in my lane...
  • #2,322
  • May 16, 2018 3:34am May 16, 2018 3:34am
Quoting Rparm
{quote} VEEFX you my friend have a solid understanding of what to look for and why. Simply find constant parameters that compliment each other and Market Edge is further refined every time. Keep it up nice work. I applaud all of you that are capable, or are atleast trying to understand what I am sharing in regards to Market Constants/Biases/Edges. Dear user RondaRousey, whether you believe in Market Constants or not doesn't change the fact that they do exist, until you look at tick data and compare it's characteristics to random data you will have...
Thank you RPARM for your incredible insight. I learn a lot from your posts on Market Constants.

https://www.forexfactory.com/showthr...4#post11064684
Staying in my lane...
  • #2,323
  • Edited 8:07am Jun 1, 2018 7:47am | Edited 8:07am
The trade himself is a candel, with this open and the close, the high and low

The trade (Point A to point B) can be seen vertically and horizontally.

The open of the current candle is for trade the current candle.

The close of the previous candle is for trading the current candle.

If i open a trade and the market going in the right way, the most important was my open.

If i open and the market going in the wrong way, the most important will be my close.

The open act as an average with rejection and attraction of prices.
Bottomless wonders spring from simple rules, which are repeated without end
  • #2,324
  • Jun 10, 2018 12:50pm Jun 10, 2018 12:50pm
[quote=R3ta;10616489]{quote} You can use FXCM free datafeed to run charts with NT, and then use your preferred broker for placing orders. I often use multiple platforms for different purposes. {quote}

Thank you for this. I also would be grateful for details, if you have the time. If not, thanks for this much!
  • #2,325
  • Jun 20, 2018 9:46am Jun 20, 2018 9:46am
Quoting Warburg
I spoke with a very accomplished trader several years ago, who at that time, had completed 476 positive trades in a row. Searching for insight, he agreed to give me a million-dollar tip - DON'T EVER TRADE AGAINST THE 1-HOUR CANDLE he replied. I personally have found that the 1-HR candle normally reverses direction, at least to some extent, on the hour - every hour. Although there is no way to know whether this is a pullback or reversal, I have learned to respect the one hour candle when choosing entries.
https://www.forexfactory.com/showthr...84#post4168784
  • #2,326
  • Aug 31, 2018 2:37pm Aug 31, 2018 2:37pm
Came here because of a PM as folks are still struggling to find the edge.

Just to say it.... This thread title should be

"Single Edge within a Higher CandleStick"

OR

"Single Edge "Towards" a Higher CandleStick"

Thanks CP for making a Joker out of everyone :-)
Staying in my lane...
  • #2,327
  • Edited Oct 19, 2018 9:01am Oct 18, 2018 9:57am | Edited Oct 19, 2018 9:01am
Hello

I am not sure if the thread is still active or not. but anyway I thought of posting.
I have read the first five pages or so.

Iam looking at EURCAD

The blue vertical line is when the weekly candle started. The blue horizontal line is where the weekly candle opened.

I already have drawn TLS and a channel.

Based on my understanding of the methodology tendered here, One should be selling as we are below the weekly candle open and there is some PA in our favour.

Would you consider this setup agreeing with the purpose of this thread? Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCADDaily.png Size: 17 KB
Click to Enlarge Name: EURCADH4.png Size: 20 KB
Click to Enlarge Name: EURCADH1.png Size: 17 KB
  • #2,328
  • Dec 20, 2018 6:14am Dec 20, 2018 6:14am
Quoting rapidscalper
{quote} I am not looking for his secret but to share the thing that I discovered. CP and I had some email exchange that was left off, that's why I asked him to contact me again as my email has been written and ready to send. Just trade and if it works, thank you for your advise. isn't this what I am doing everyday ??? lol {image}
In which timeframe do you trade? thanks!
  • #2,329
  • Dec 20, 2018 6:20am Dec 20, 2018 6:20am
Quoting CrucialPoint
{quote} Vegetarian Plant Based. I can't label myself Vegan because due to certain circumstance, once in a blue moon, I might bite into small portions of meat. But after going through all the scientific literature, without biased (as I was a former everyday meat eater), after putting all the evidence side by side. Defending and counter-arguing both sides of the arguments. Sifting all the research with the aid of computers, to sort all researches into different categories and then re-organizing the data to be objectively weighted side by side >>>>...

What's your opinion about the health of your teeth with regard to cereals and rice or dairy. My understanding is that, a person should eat both (cereals and dairy) or none. Since cereals and rice are bad for the teeth, and dairy is good for the teeth.
  • #2,330
  • Jul 15, 2020 7:06pm Jul 15, 2020 7:06pm
Quoting PianoPlayer
As you can see I wrote about torus, waves, dimensions in my last posts. Sorry that it took a while to come to a point, but I think that this posts were necessary so that you can understand everything that I‘ll post now. Wave functions as market models are with us for ages, there is a lot of posts in this and other fx forums where members explain their view of this interesting topic. There are even some hot shots like Gann, Elliot, Dow… who express phenomenon of wave function in their own words and from their point of view. But I think they share...
Hi there. I am trying to download the pdf file from the link, but it seem that the website is down. Have anyone downloaded it yet? Can you please re-upload for me ? Thank you
  • #2,331
  • Jul 17, 2020 5:31am Jul 17, 2020 5:31am
Quoting jenny65
{quote} Hi there. I am trying to download the pdf file from the link, but it seem that the website is down. Have anyone downloaded it yet? Can you please re-upload for me ? Thank you
here you go
Attached File(s)
File Type: pdf 5555.pdf   323 KB | 1,225 downloads
Effectiveness is the measure of truth.
  • #2,332
  • Jul 22, 2020 12:03pm Jul 22, 2020 12:03pm
Quoting Tengu
{quote} here you go {image}
You made my day Tengu! Thank you so much.
  • #2,333
  • Sep 7, 2020 9:29am Sep 7, 2020 9:29am
In all my trading experience (from 2011) I've never seen an indicator or system that was able to catch the direction of a candle with even a 55% winrate...

The funny thing is that if you go random you have 50% possibility to win!!!

Anyone who can catch the direction of a candle even every 5-6 candles on an index with 55% winrate will be rich.

Trading is a cunning and misleading business...
  • #2,334
  • Feb 5, 2021 8:46am Feb 5, 2021 8:46am
There is higher edge within a single candle ,true price will 95% of the time close above or below it open
Thanks CP in here is the bot of GOLD
All market movement are as a result of supply and demand
  • #2,335
  • Jun 6, 2021 12:53pm Jun 6, 2021 12:53pm
Quoting PianoPlayer
As you can see I wrote about torus, waves, dimensions in my last posts. Sorry that it took a while to come to a point, but I think that this posts were necessary so that you can understand everything that I‘ll post now. Wave functions as market models are with us for ages, there is a lot of posts in this and other fx forums where members explain their view of this interesting topic. There are even some hot shots like Gann, Elliot, Dow… who express phenomenon of wave function in their own words and from their point of view. But I think they share...
Hey man you still here in forexfactory ?
  • #2,336
  • Jul 17, 2021 6:25am Jul 17, 2021 6:25am
was searching one indi and came to this thread, took few hours to understand where is that edge, and yes, it works, and no need for tick charts, even m1 works, and even m5
very simple, can use influx or cumulative ma or almost whatever that shows trend change
  • #2,337
  • Jul 17, 2021 6:36am Jul 17, 2021 6:36am
i dont need any pm`s, everything is explained in this post

https://www.forexfactory.com/thread/...3#post10715013
  • #2,338
  • Jul 17, 2021 6:45am Jul 17, 2021 6:45am
Quoting juhanimi
i dont need any pm`s, everything is explained in this post https://www.forexfactory.com/thread/...3#post10715013
lol - just wanna ask if you'd like to elaborate on it, how many reference points you'd use (static/moving), etc.
  • #2,339
  • Jul 17, 2021 6:50am Jul 17, 2021 6:50am
Quoting AntiCre
{quote} lol - just wanna ask if you'd like to elaborate on it, how many reference points you'd use (static/moving), etc.
you can start from zero, 0
  • #2,340
  • Jul 17, 2021 6:56am Jul 17, 2021 6:56am
he is just using tick charts to get earlier entry, nothing wrong with that, but can use m1 m5 and so on
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