Bionic Chart - The easiest forex navigation

Videos in English

Hi Peter,

many thanks. Translating my German videos to English takes a lot of time and I love doing it for my English followers who have been with me for many years. In November 2021 I had already translated 49 videos and Lemercenaire, who unfortunately died in July of this year, asked me at the time: Do you ever sleep, Michael? Actually, the videos should already be translated, but that was more work than expected. After all, there is less time to act. In the last few weeks I've taken my time and that's why a video has now been translated every day. If everything goes well, all videos will be translated and published by the end of January 2023. Then my German video will appear every Saturday morning at 9 a.m. and the English translated video the following week. I'll be glad when the project is finished because then there will be more time for trading.

Greetings Michael

Solar 8% with a home power plant

Hello dear traders,

let's imagine someone has 1000 € and invests the 25 years. With an average interest rate of 3%, that would be €2100. With a clever leverage strategy, you can also make €7100 out of it, which is an incredible return of 8.2%. And all of this even though we are using the same investment, which effectively only earns us 3% interest. As a lever we use a balcony power plant that many people can use. Likewise, today we will talk about the topic of energy, electricity, and gas, what we can expect and how we can protect ourselves from high costs. Despite the increase in households, energy consumption has been significantly reduced over the past 30 years.



I wish you continued success in trading

Greetings Michael

Patterns in the market

Hello dear traders,

Almost every trader is looking for different patterns every day that show him a possible entry or exit. When searching for patterns, indicators, candlesticks, prices and stock market data are used, among other things. Unfortunately, this results in only moderate successes, which usually lead to more losses than profits. The reason for this lies in different mathematical laws that are not considered here. Because of this, most of the patterns we see on the chart are completely useless for trading. In today's post we will analyze to what extent it is still possible to identify patterns from stock market data. As I said before, this is a very big challenge.



I wish you continued success in trading

Greetings Michael

The fairy tale of absorption

Hello dear traders,

In today's post we will talk about absorption in the market. Many trading coaches tell their students that absorbing like this is a safe way to make a lot of money. Today we will see if that is really the case. In addition, we talk about the meaning and background of these absorptions, how and why they occur and whether one can derive an advantage from recognizing them. All in all it will be exciting and very interesting again. First of all, we need to know that a market sell or market buy order represents volume in the market. Since the market order runs into the limit order, this is the demand in the market. On the other hand, the limit buy orders represent the so-called liquidity in the market.



I wish you continued success in trading

Greetings Michael

Scalper versus Daytrader

Hello dear traders,

In today's post we compare a seconds and minute scalper with a short-term and medium-term day trader. All four have $3000 in their account, trade a maximum of one lot and use a leverage of 200. The effective win rate for all four traders is 69.9%, but of course they work with different stops. They are also in the trade for different lengths of time, and this is exactly why the time each of these traders is in the trade has been adjusted. The day traders even got a trading advantage of over 50 hours. The overall result surprised even me, and I am convinced that you would never have expected it either.




I wish you continued success in trading

Greetings Michael

Hello Micheal.

First off, I want to thank you for your efforts and sincere support on this forum. Your findings on the FX market has been revolutionary and coming from a place of love.

I would like to ask questions based on the detailed analysis or will I say perspective on the EU bionic chart above.

Is there a mental model or framework that one can use to see through the collection of orders and protection of those same orders mainly looking at the bionic charts as you did effortlessly?

In my opinion, I think what would solve the riddle is internalizing the theory or reason behind price movements, just as you explained it in the post above.

The little I could gather was as thus;

Stage 1. A gap was meant to be filled by the big players
Stage 2. Retail traders caught on to the loophole and was positioning themselves to ride the price down as it filled.
Stage 3. Big players could see this(which is scary or maybe based on psychological triggers) and instead decided to push price to point B
Stage 4. Retail traders got confused as to why price didn't fill the gap immediately.
Stage 5. At that moment of confusion, the big players filled the gap leaving the retailers again at point C.
Stage 6. A new buy campaign started at Point D to Point G where they started collecting their orders before moving price up.
Stage 7. Big players would now start taking out long traders up to point E which would be a zone pointing to point I.
Stage 8. After long traders are out, then big players may move price up again...

If you noticed I tried to create a mental model or reasoning behind how you explained it.

Is there a book one can read to understand collection campaign, and the likes? To me understanding that will enable one to truly grasp the TRUE power behind the key candle in the bionic chart.

Kind regards

RD.

Opinions and Facts in Trading

Hello dear traders,

in today's article we are talking about opinions and facts that are often misinterpreted, especially in stock market trading. This always leads to misunderstandings because everyone sees things differently. First and foremost, for me are the traders, who follow this channel to optimize their trading win rates. Unfortunately, in the course of time, people also join in who badmouth an idea or are simply against everything. But I don't run a business here and I would like to show all those who consider my information valuable how we can distinguish between opinions and facts even better in the future.



I wish you continued success in trading

Greetings Michael

Hello RD, the situation I described was exacerbated by the Corona crisis, as many investors from China invested in the euro. Unfortunately, there is no specific description of this, since the big players prefer to keep such strategies secret. As a trader you have to get a feel for what is happening. You need time and the corresponding screen hours for this. I keep my fingers crossed for you and wish you every success. Greetings Michael

Thanks for your prompt response.

I am still reading the thread, and will contribute the little way I can.

Quick question, can the key candle be identified on the 1HR timeframe chart?

Also, is your first thread related to this current thread in any way?

Kind regards

Algorithms the power in trade

Hello dear traders,

in today's post we will talk about the algorithms of the big players. We look at why algorithms are needed, how to read them and what advantages they bring for us retailers. The imbalance between big players and retailers is dramatic. Just by looking at their technology, it should be clear to everyone what an advantage they enjoy in retail. In addition, they are set up and brought into line like an army. The retailers, on the other hand, compete as individuals. But even the best individual is never as good as a group. It gets particularly exciting when you look at their screens. Here the question arises: Where are the indicators of the volume or footprint chart.



I wish you continued success in trading

Greetings Michael

Hello RD,
the key zones of the bionic candle work in all timeframes. My threads contain different topics, but they all have the same goal: to increase the probability in trading.
Greetings Michael

The business of greed

Hello dear traders,

in today's article we will take a closer look at the business model of the exchanges and will first analyze why most people fail at it. Nevertheless, there are clear solutions that we can use to protect ourselves from future surprises. I will show you these today. The gross domestic product (GDP) is a measure of the economic performance of an economy over a specific period of time. It measures the value of goods and services produced domestically, provided these are not used as inputs for the production of other goods and services. The GDP serves as a measure of the economic growth of the individual national economies and is therefore the most important variable in the national accounts.



I wish you continued success in trading

Greetings Michael

Truth about volume and liquidity

Hello dear traders,

When I first got involved with the stock market, I thought that there can only be one buyer and one seller. However, since a price can go up or down, there must be a buyer and a seller on both the ask and the bid side. In reality, however, there are actually two different buyers and sellers on both sides. You don't believe me because it sounds crazy? Well, then I would urge you to watch this video.




I wish you continued success in trading

Greetings Michael

Merry Christmas 2022

Hello dear subscribers, hello dear traders from all over the world,

Another year is coming to an end and Christmas is a good opportunity to reflect on the past year. What went well, what not so well and what were the reasons for this? You can use the time around Christmas to take stock of the year together and the time after Christmas to prepare for the resulting changes for the new year. Writing them down and visualizing them regularly manifested the goals in the subconscious. These questions should not only concern our work, but primarily family, health, friends, free time, finances and much more. It's also a good opportunity to sit down with your significant other to reflect on the past year.



Christmas is just around the corner and I hope that you will find some rest to recharge your batteries for the coming year. I want to thank you all for following me, for your great ideas and improvements, and for the friendly interaction on this blog. From the bottom of my heart, I wish you a Merry Christmas, peaceful days, of course health and a lot of joy with the people you love more than anything.

Merry Christmas 2022

Michael

Die hard

Hello dear traders,

worldwide more than 5 million traders try their luck in trading every day. What most people don't even know is that with their approach, they have no realistic chance of ever breaking even. So most of them die a slow loss death and lose a lot of money in the process. In today's post, I'm going to show you what's the best way to break even. You've probably heard of the triple ninety myth. What is meant by this is that 90% of all traders have lost 90% of their deposit after 90 days. However, this is not as dramatic as it is claimed. Of course, in the long term, 90% of all traders lose, but as a rule, these are slow, creeping losses.



I wish you continued success in trading

Greetings Michael

Mindset is deception

Hello dear traders,

many trading coaches always talk about mindset and how important it is in trading. Can you compensate for a lack of expertise and trading setup with a good mindset or is it all just marketing to make a lot of money? In today's post we will analyze what priority the mindset actually has in relation to trading expertise and trading setup. You'll be amazed at what comes of it. What is mindset? Mindset includes the behavior and thought patterns as well as the attitude, mentality, or mental attitude of people. It is assumed that our inner beliefs influence the way we behave and make decisions in certain situations.



I wish you continued success in trading

Greetings Michael

Trading Coach funny

Hello dear traders,

In the last few months, new trading coaches have been springing up like mushrooms and offering their pointless trading seminars with unfair methods. If you look at the videos, you see successful traders coming home to their happy advertising families in their sports cars in the evenings. Word should have gotten around that this type of advertising is anything but realistic. Some incompetent trading coaches are being exposed right now, so it's a good time to warn you all again. If these so-called traders would shoot an honest video, it would look something like this.



I wish you continued success in trading

Greetings Michael

The trap avoid that

Hello dear traders,

due to the massive imbalance between big players and retailers, our risk in the market is disproportionately high. The big players have a clear and strategic approach designed to keep trapping us retailers. And indeed, we keep falling for their strategies. Today we will talk about how we can significantly reduce this risk and at the same time optimize our money management. In order to present this risk in a manageable way, I developed the pip value per minute many years ago. Let's look at an example. We enter a trade, and the first candle reaches 0.8 pip after 1 minute. This corresponds to a pip value of 0.8 per minute. The risk is now 1.88, almost double the average.




I wish you continued success in trading

Greetings Michael

Tick Chart 90% cheaper

Hello dear traders,

a tick chart can help us to increase profits and reduce losses at the same time. This can improve the RRR by a factor of three in the same trade and at the same time significantly reduce the risk per trade. In today's post we will look at which tick chart is suitable for this and which server we work best with. Many traders feel the need to look even deeper into a candle. For example, from the daily chart to the H1, from the M 15 to the M1, but at the latest in the 1-minute chart you reach your limit. This is where the tick chart comes in handy, which can look up to 40 times deeper into the M1 candle.



I wish you continued success in trading

Greetings Michael

Happy New Year!