My Grid / My System | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flexy Grid EA (Grid Trading) 1,363 replies

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Double Time Grid and Pip Grid 0 replies

Attachments: My Grid / My System
Exit Attachments

My Grid / My System

  • #161
  • Aug 1, 2022 1:35pm Aug 1, 2022 1:35pm
Question Tony....now that cable seems to have peaked and has pulled back, would you then draw a potential short scenario (yellow) from the high
Attached Image (click to enlarge)
Click to Enlarge Name: My grid change direction.png Size: 17 KB
  • #162
  • Aug 1, 2022 2:07pm Aug 1, 2022 2:07pm
Quoting Swede
Question Tony....now that cable seems to have peaked and has pulled back, would you then draw a potential short scenario (yellow) from the high {image}
Yes, every D is an A in the opposite direction and can supply a potential 40 - 50 pips on the leg.
MY GRID. Markets are NOT random.
  • #163
  • Aug 1, 2022 2:15pm Aug 1, 2022 2:15pm
Quoting tonyb123
july low (7) was 1.17600. Using the price breakdown shown in previous postings: Ab 50% 1.17600 - 5000 = 1.12600 ab 50% 1.17600 + 5000 = 1.22600 ____________________________ ab 100% 1.17600 - 10000 = 1.07600 ab 100% 1.17600 + 10000 = 1.27600 someone provide the calculation for 25% and 75%
75% 1.10100
25% 1.15100
  • #164
  • Aug 1, 2022 2:23pm Aug 1, 2022 2:23pm
For SWEDE, no pullback to C after hitting a D is a sign of temporary strength in that trend direction, which could lead to further strength and a continuation of the move. However, my buy trade here is risky because 1.22600 is the TP for the July 7 low of 1.17600.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 22 KB
MY GRID. Markets are NOT random.
  • #165
  • Aug 1, 2022 2:28pm Aug 1, 2022 2:28pm
Quoting Swede
{quote} 75% 1.10100 25% 1.15100
Can you show the prices for your calculations, it will help everyone to learn.
MY GRID. Markets are NOT random.
  • #166
  • Aug 1, 2022 2:42pm Aug 1, 2022 2:42pm
Quoting tonyb123
{quote} Can you show the prices for your calculations, it will help everyone to learn.
I just did it in my head...

1f 100% equals 1000 then 75% equals 7500, and 50% equals 5000, then 25% equals 2500

Then its plus/minus from the starting point of 1.17600
  • #167
  • Aug 1, 2022 3:04pm Aug 1, 2022 3:04pm
Quoting Swede
{quote} I just did it in my head... 1f 100% equals 1000 then 75% equals 7500, and 50% equals 5000, then 25% equals 2500 Then its plus/minus from the starting point of 1.17600
Yes that is correct but what prices do you get from those points, like I showed, SPEEDY.
MY GRID. Markets are NOT random.
  • #168
  • Aug 1, 2022 3:07pm Aug 1, 2022 3:07pm
Quoting tonyb123
For SWEDE, no pullback to C after hitting a D is a sign of temporary strength in that trend direction, which could lead to further strength and a continuation of the move. However, my buy trade here is risky because 1.22600 is the TP for the July 7 low of 1.17600.{image}
So then, had price actually reached C to validate C, then on to D.....this would have been a valid SHORT....correct? Chart below
Attached Image (click to enlarge)
Click to Enlarge Name: My grid valid trade.png Size: 10 KB
  • #169
  • Aug 1, 2022 3:13pm Aug 1, 2022 3:13pm
Quoting tonyb123
{quote} Yes that is correct but what prices do you get from those points, like I showed, SPEEDY.
ok....not following at this point can you direct me ....thanks......and thanks for all the replies and the work involved...I have always tried to give good content when posting, but this is kind of new...
  • #170
  • Aug 1, 2022 3:24pm Aug 1, 2022 3:24pm
Quoting Swede
{quote} ok....not following at this point can you direct me ....thanks......and thanks for all the replies and the work involved...I have always tried to give good content when posting, but this is kind of new...
Like this, showing the prices you get:

AB 50% 1.17600 - 5000 = 1.12600
AB 50% 1.17600 + 5000 = 1.22600
____________________________
AB 100% 1.17600 - 10000 = 1.07600
AB 100% 1.17600 + 10000 = 1.27600

You are a fast thinker and learner and that can be frustrating when waiting on someone else to show something further, but I am presenting it this way so I don't have to repeat info and I can limit my responses to nuances after there is a reference to look at. Also it will actually be a faster learning process in the long run.

BTW I did not level this task to just you, anyone can answer it.
MY GRID. Markets are NOT random.
  • #171
  • Edited 4:25pm Aug 1, 2022 3:35pm | Edited 4:25pm
Quoting Swede
{quote} So then, had price actually reached C to validate C, then on to D.....this would have been a valid SHORT....correct? Chart below {image}
No, that is not the only qualifier. Everything I do and use has its own part in determining strength and weakness in the market, but just like MTF methodology, the larger ABCD's take precedent. There is a probability meter that is built in the ABCD's with a risk associated at every level for success. I will have to show that before you understand completely.
MY GRID. Markets are NOT random.
  • #172
  • Aug 1, 2022 3:55pm Aug 1, 2022 3:55pm
Quoting tonyb123
{quote} Like this, showing the prices you get: AB 50% 1.17600 - 5000 = 1.12600 AB 50% 1.17600 + 5000 = 1.22600 ____________________________ AB 100% 1.17600 - 10000 = 1.07600 AB 100% 1.17600 + 10000 = 1.27600 You are a fast thinker and learner and that can be frustrating when waiting on someone else to show something further, but I am presenting it this way so I don't have to repeat info and I can limit my responses to nuances after there is a reference to look at. Also it will actually be a faster learning process in the long run. BTW I did not...
ok, getting this now, so we are at the 1.22600 50%, either a good place to short, or if a clean break north could head to 1.25100 with a few stops along the way..lol
  • #173
  • Aug 1, 2022 3:57pm Aug 1, 2022 3:57pm
Quoting Swede
{quote} ok, getting this now, so we are at the 1.22600 50%, either a good place to short, or if a clean break north could head to 1.25100 with a few stops along the way..lol
MY GRID. Markets are NOT random.
  • #174
  • Aug 1, 2022 5:07pm Aug 1, 2022 5:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1a.png Size: 30 KB
  • #175
  • Aug 1, 2022 5:14pm Aug 1, 2022 5:14pm
Quoting OAPDave
{image}
Good illustration.
  • #176
  • Aug 1, 2022 8:30pm Aug 1, 2022 8:30pm
All very interesting... I wish I had studied my maths when in school!!! I have been reading Diamond threads as well with Parisboy, Swede and others. It goes over my head quite regularly
However, I don't give up that easily, keep up the good work Fellas.
Stay green!!!
  • #177
  • Aug 2, 2022 12:21am Aug 2, 2022 12:21am
Quoting Swede
Now on a thin day like today (with many bank holidays in the world) I watched price try to head north only to stall at what I normally would have taken short, but hesitated wondering if the thin market would keep heading north. Anyway, cutting the setting in half (5) instead of (10) to allow for the smaller range, there was a very clear abcd.....should have taken it...would have banked 55 pips so far....what are your thoughts on reducing the settings to allow for smaller range? {image}
RBA decision this afternoon helped to move anything to do with the AUD...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 171 KB
Stay green!!!
  • #178
  • Aug 3, 2022 7:57am Aug 3, 2022 7:57am
Quoting OAPDave
{quote} Swede In hindsight I think it's better to keep to a stable pattern For this month it's 7 2 7 ps Any thread that interest me, some how I mange to kill dead !!!! {image} {image}
I used to draw mine like this as well.
MY GRID. Markets are NOT random.
  • #179
  • Aug 3, 2022 8:15am Aug 3, 2022 8:15am
Quoting OAPDave
Tony I guess this is Top Secret How do you determine the Monthly Pattern Yes I know you use the previous months low but what next ? ps What Pattern is the DAX in ? Thanks PPs You said USED TO ?
Hi Dave,

Determine the monthly pattern? I don't understand, I only use grid patterns. Time frames are only to show the amount of candles needed.

My broker no longer provides it for some reason, Why don't you attempt to label you chart and post it and I will give you the adjustments and corrections?
MY GRID. Markets are NOT random.
  • #180
  • Aug 3, 2022 8:27am Aug 3, 2022 8:27am
Quoting OAPDave
{quote} Sorry I meant the 0 5 0 1 6 1 2 7 2 3 8 3 4 9 4 etc
Still in the dark as to what your asking.
MY GRID. Markets are NOT random.
0 traders viewing now