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Bionic Chart - The easiest forex navigation

  • #121
  • Oct 21, 2021 3:07am Oct 21, 2021 3:07am
Quoting watsone
Hiya Michael When you talk about the big players basically manipulating the market,they don't always get it right,in some cases going bankrupt Do they all know what the others are doing and if they do isn't it illegal?
Hello watsone, a inportant questiont, you are absolutely right on many points. From my point of view, however, I would not claim that the market is manipulated, but the exchanges set rules that everyone who trades has to accept beforehand. We know that certain big players have priority in the queue at the exchanges. This leads to the conclusion that their placed orders are always as close as possible to the price execution. In trading, the rules of exchanges are set in the form of matching algorithms and, in some cases, different latency priorities. These rules can favor certain types of market participants like registered market makers by offering them higher matching priorities or even adding artificial speed bumps for other traders. The Chicago Exchange was the first to propose artificial speed bumps designed to delay the actions of incoming traders by 350 microseconds, except, of course, certain market makers who were allowed to use the freeway. Initially rejected as discriminatory, the proposal was later approved not only for Chicago but also for the New York Stock Exchange and other stock exchanges. One of the arguments in favor of admission was that exchanges already offer an advantage for registered market makers in various forms, including, for example, position determination in the queue. And now comes the crucial point: these rules that the exchanges have made can be considered fair because they are public. Traders who know the rules of the game can adjust their trading strategy accordingly, may find markets with better rules or choose not to trade at all. This means that as a retailer you have to know that you will be disadvantaged on the stock market, if you trade and lose anyway, it is your own fault because you have previously accepted the rules of the game. I don't want to go any deeper, however, as this dilutes our actual topic: the Bionic Candle. Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #122
  • Oct 21, 2021 3:08am Oct 21, 2021 3:08am
Important message to everyone visiting our thread for the first time.

First of all, we are pleased that you would like to take part in this exciting exchange. So that you get the most important basics, please have a look at my first post in the interest of all members:

https://www.forexfactory.com/thread/...rex-navigation

Thank you and we look forward, to a constructive exchange with you. Greetings Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #123
  • Oct 21, 2021 3:41am Oct 21, 2021 3:41am
Hi Bionics
I watched your videos . That's great work . But I think if you explain your system , how it works , that would be a good idea . Issues like : key candles , what's the best point to enter the market , TP and SL . Thanks again .

David
Davoud
  • #124
  • Oct 21, 2021 4:00am Oct 21, 2021 4:00am
Quoting sdhashemi
Hi Bionics I watched your videos . That's great work . But I think if you explain your system , how it works , that would be a good idea . Issues like : key candles , what's the best point to enter the market , TP and SL . Thanks again . David
Hello sdhashemi, welcome. My trading strategy is mainly based on algorithms profiling, that would go beyond the scope and is therefore not the basis of this thread. The Bionic candle helps me to identify the crucial zones. This thread was created in order to first of all collect the exact advantages of the Bionic candle and to benefit from the experience of all participants. I am not providing a finished system here, but a construction kit that we build together. I will gradually publish my experiences of the last 3 years, but that will happen in the ongoing process. The essentials are already online. Please read my text again, which is under the videos, that explains exactly our approach. I look forward to working with you, best regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #125
  • Oct 21, 2021 4:37am Oct 21, 2021 4:37am
Quoting mattkirby
{quote} Hallo Skipper, du kannst dir die Videos bei Youtube mit deutschem Untertitel anschauen. Nur Untertitel aktivieren und bei den Einstellungen bei automatisch deutsch einstellen.
Herzlichen Dank
  • #126
  • Oct 21, 2021 5:38am Oct 21, 2021 5:38am
Read and watched the vids on post one, i will read the rest of the thread upto date as i do not want to miss anything

Looks very interesting and thank you Michael for your great work and years of effort

Looking forward to giving some input if i see anything which i feel might be of use
  • #127
  • Oct 21, 2021 5:39am Oct 21, 2021 5:39am
Quoting Bionics
{quote} Hello ....... My trading strategy is mainly based on algorithms profiling, that would go beyond the scope and is therefore not the basis of this thread. The Bionic candle helps me to identify the crucial zones. This thread was created in order to first of all collect the exact advantages of the Bionic candle and to benefit from the experience of all participants......................................................................................................, best regards Michael
Hi Michael

I am glad there is so much interest in the bionic candle provided by you since being an "old" follower of your videos etc.

I am sure we will find many interesting possibilities/application/advantages arising from every one's collaboration.

Thank you for all the effort you are putting into this endeavour.

Trade well / Mos
Don't limit yourself!!
  • #128
  • Oct 21, 2021 5:57am Oct 21, 2021 5:57am
Hello Michael,

I've started reading your previous thread a few months back ( not finished yet ) , but your approach is different (outside the box).
Happy to see you opened another thread and trying to get input from other forum members, testing and getting different results from different way of applying the Bionic Candles.

Count me in !

C
  • #129
  • Oct 21, 2021 6:44am Oct 21, 2021 6:44am
Quoting mosiskv
{quote} Hi Michael I am glad there is so much interest in the bionic candle provided by you since being an "old" follower of your videos etc. I am sure we will find many interesting possibilities/application/advantages arising from every one's collaboration. Thank you for all the effort you are putting into this endeavour. Trade well / Mos
Hello Mos, thank you very much for your kind words. Producing videos is very time-consuming, but you can explain complicated things much better. You also learn to improve your English skills. I would be very happy if the information helps you too. Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #130
  • Oct 21, 2021 6:46am Oct 21, 2021 6:46am
Quoting Tradelive
Read and watched the vids on post one, i will read the rest of the thread upto date as i do not want to miss anything Looks very interesting and thank you Michael for your great work and years of effort Looking forward to giving some input if i see anything which i feel might be of use
Hello Tradelive, welcome and thank you very much. We look forward to you. Greetings Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #131
  • Oct 21, 2021 6:48am Oct 21, 2021 6:48am
Hi Bionics

Refering to post 123 , , It would be better to limit subjects about Bionic candle , it means you may suggest some titles of this subject for discussing , so traders could concentrate on those subjects and avoid diffused ideas .
Thanks

David
Davoud
  • #132
  • Oct 21, 2021 6:50am Oct 21, 2021 6:50am
The start video is online.


Hello dear Bionic Traders,


On the first page you will now find a total of 5 videos that inform you about the Bionic Candle. The new video is now about the start and the procedure so that you can be successful in the future. Please consider that I have been working with my self-developed Bionic Candle for 3 years. I had many difficulties at first and it took me some time to get used to this new candle. This is a normal process as we all started with the candle chart. But you will quickly see that the Bionic Candle draws clearer charts and provides significantly faster and better information. Now it's a matter of working with this candle and identifying the key candles. It takes a while, but when you have some experience you will have a lot of fun with it. The biggest advantage lies in knowing exactly when a price will turn again and how far there is a high probability that it will move. Of course you will lose in the beginning because your senses are not yet sharpened for it. But it's like driving a car, maybe you still remember what it was like when you were behind the wheel for the first time. Don't expect to be immediately profitable because trading is far from easy. This is not because you are not able, but because you are trading against the best traders in the world. Only they move the markets and have experience that we can only dream of. And now it starts, make your first experiences and we keep our fingers crossed for you. In the next days and weeks we will provide more information and exchange information on a regular basis. I would be happy if you share your experiences with us. Under certain circumstances, it could also happen that you cannot cope with the Bionic Candle, but that is not a real problemk, because there is not only the Bionic Candle. So don't set your expectations too high, then you might be surprised in a positive way.

Inserted Video


I look forward to your cooperation and I wish you from the bottom of my heart that you achieve all of your goals.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #133
  • Oct 21, 2021 7:40am Oct 21, 2021 7:40am
Super, Mike !!!!! ...... Great video !!! I am ready to subscribe to your every word !!!
  • #134
  • Oct 21, 2021 8:00am Oct 21, 2021 8:00am
Um die richtigen Schlüsselzonen im D1 zu finden und diese auf den Chart zu übertragen: Wie weit in der Zeit muss oder sollte man in die Vergangenheit schauen?
Wenn doch im M1 getradet wird würde da nicht auch ein Blick auf den M15 ausreichen?
  • #135
  • Oct 21, 2021 8:32am Oct 21, 2021 8:32am
Quoting Mik-Orlov
Super, Mike !!!!! ...... Great video !!! I am ready to subscribe to your every word !!!
Hello Mik-Orlov, thank you very much. But you'd have a lot of work to do, that's already over 600,000 words in my two threads. Greetings Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #136
  • Oct 21, 2021 8:40am Oct 21, 2021 8:40am
Quoting skipper13
Um die richtigen Schlüsselzonen im D1 zu finden und diese auf den Chart zu übertragen: Wie weit in der Zeit muss oder sollte man in die Vergangenheit schauen? Wenn doch im M1 getradet wird würde da nicht auch ein Blick auf den M15 ausreichen?
Hello Skipper, I only look back when there are no reference zones nearby. The M15 has larger zones than the M1. But I recommend that you first develop a feeling for it. Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #137
  • Oct 21, 2021 8:53am Oct 21, 2021 8:53am
Quoting Bionics
{quote} Hallo Skipper, ich schaue nur zurück, wenn es keine Referenzzonen in der Nähe gibt. Der M15 hat größere Zonen als der M1. Aber ich empfehle, dass Sie zuerst ein Gefühl dafür entwickeln. Mit freundlichen Grüßen Michael
Danke, ich übe und trainiere
  • #138
  • Oct 21, 2021 11:09am Oct 21, 2021 11:09am
Quoting skipper13
{quote} Danke, ich übe und trainiere
Hello Skipper, it'll be fine, Rome wasn't built in one day either Have a nice evening Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #139
  • Edited 4:55pm Oct 21, 2021 4:28pm | Edited 4:55pm
Ok i am up to date with the thread

Looking forward to next week, i think i have the basics for the key candle zones

Thanks again Micheal

Just a quick view of key candle and retracement to key candle for zones

I can see more inside of this chart but would be easier as candles are formed to display them

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 37 KB
  • #140
  • Oct 21, 2021 9:57pm Oct 21, 2021 9:57pm
Quoting Tradelive
Ok i am up to date with the thread Looking forward to next week, i think i have the basics for the key candle zones Thanks again Micheal Just a quick view of key candle and retracement to key candle for zones I can see more inside of this chart but would be easier as candles are formed to display them {image}
Hello Tradelive, I think that looks very good to start with and it is great, that you are trading in EURUSD as well. In the next few weeks we will be discussing a lot of things that will make our work easier. We wish you continued success. Greetings Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
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