Bionic Chart - The easiest forex navigation

Hello Michael,

Thanks for sharing your hardwork. I have subscribed and wish all of us green pips!

Hello MinhAnh, first of all, welcome to our thread. We look forward to seeing you with us and looking forward to a great cooperation. Greetings Michael

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

Pull on the same rope together!


Now that we have given you the basics of the Bionic candle, it is now a matter of collecting your first experiences and familiarizing yourself with the new candle. As you already know, I have been working exclusively with EURUSD for over 11 years. So that you can see the opportunities that arise, watch this video first. The pictures and the text are in English, but it is spoken in German. To do this, you can display subtitles in English on YouTube.



I have developed a table with which you can determine your optimal currency pair. Here is the explanation of how you work with it:

https://www.forexfactory.com/thread/...7#post12758947


You can download the table here:

https://www.forexfactory.com/thread/...4#post12760574

The biggest big players in the world trade daily in EURUSD, which has the greatest liquidity of all assets in the world. A high level of liquidity means less volatility, but it also means greater security, which is ideal for our training. In addition, the Bionic Candle works best in liquid sideways markets. I talked about this in my videos on the home page of this thread.

For the reasons mentioned above, I would like to mainly focus on the EURUSD in this thread. Of course you can also post other assets, but I cannot give you any concrete support because I am not focused on other assets. When most of us work with the EURUSD, there are interesting synergies. We have daily, different information about the current course in EURUSD and at the same time we can see whether our drawn zones are right or wrong. It will also be interesting that we regularly keep an eye on all time units, since each of you acts in different time units. As a result, the learning effect is greatest when most of us concentrate on one thing. Of course, the Bionic Candle works in all assets, but we should start with the simplest one. In driving school you don't learn in a sports car either.

The Bionic candle is not only able to identify the key zones, but also shows the current strength during the ongoing process.



Try once, from this strength, to make a forecast for the future in the current chart. Even that is not easy at first, but every day you discover new aspects that make trading easier for you.

I am convinced that this joint approach will bring us the greatest success. Here's a little comparison. We take two groups of 25 people, who compete against each other to pull rope. Group A is significantly stronger than group B, but the weaker group B wins. The reason is simply because they bundle their strengths together to the point. And if we can do just that on this thread, the results will surprise us.

I wish you a successful day

Kind regards Michael

Hello Skipper, I've drawn some zones for you here. In the M1 you can still make it smaller. Greetings Michael

So in this image, about half way, we see three consecutive bullish candles, yet immediately the price breaks down.. Q that comes into my mind: Do we lack volume indication within the candles?

Hallo Michael,
Danke für die Unterstützung

Michael, can we use an automatic machine to quickly determine the levels? This is not the best

I guess you always got to watch the overall context..in everything in life But maybe i´m wrong..who knows?

Thank you Micheal

Yes i know its not quite right but as you said in a previous post it will take time to develope yourself but it will be worth it, also you recommending the EURUSD must obviously mean something so whats the point of deviating from what works for the creator, especially from the beginning, in fact it would probably be better if everyone were to use EURUSD then it must become clearer quicker maybe?

Looking forward to the future info

Hello hefer, first of all thank you for taking the trouble, however, this indicator only shows some key areas by chance. He is unable to identify most of the zones. You can see that from the blue arrows in my chart. With the Bionic candle, however, I can identify the zones beforehand. Hence, this indicator confuses us more than it helps us. Working with the Bionic Candle means that you have to be ready to put time and effort into identification. There is no such thing as an EA that is profitable in the long run, so every trader who wants to make money has to trade with his head. Each turning point can be identified with a key candle, but a trader in this project has to learn that first. My advice, get away from automatic systems, because the big players only use them to match their limit orders (iceberg orders) with the market orders with the help of algorithms. No big player works with an EA to make money and there is a reason for that. Kind regards Michael

Thanks for the great explanations about their system, I try to learn before I write something

Hello Ingo, first of all thank you very much and welcome to our project work. I am very much looking forward to the exchange with you and wish you a good start with the Bionic Candle. Greetings Michael

hi all.

GBPCHF chart worked great. nearly 90 pips in the pocket. Michael bionic candle is not only about eurusd i think.

before / after

For Example NZDJPY nearly 60 pips.

and waiting for dax here. continuation/scalping

done

Hello Tradelive,

you speak absolutely true words, if we all work with the EURUSD, we can achieve our goals faster because we only focus on one thing. As soon as we have found out the decisive advantages together, each participant can trade in their preferred asset, as the Bionic Candle works everywhere. Since most of them prefer EURUSD anyway, I'm in good spirits. I will also post in a few minutes an important video that will inform you about the real big players. Tomorrow morning at 9:00 a.m., another video will appear on my YouTube channel, where I'll show you the latest strategies of the big players.

https://www.youtube.com/channel/UCCb...zsD2soUtb0CTqA

I wish you a nice weekend. Greetings Michael

Hello P.Action, I am pleased that you have already achieved some successes with the Bionic Candle. This will help many participants if you share your experiences with them. I wish you a nice weekend. Greetings Michael