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Third candle bounce

  • #181
  • Jun 7, 2024 7:11pm Jun 7, 2024 7:11pm
Quoting Asw
Click arrows to load the chart, name your template ##BOUNCE. {file}
Looking forward to testing multi TF confluence.
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  • #182
  • Jun 7, 2024 9:07pm Jun 7, 2024 9:07pm
Here's something that can help you train your eye to recognize 3cb (third candle bounce) opportunity. It's a nice indicator RebelAnt3CR. Play in visual mode and see if you can anticipate 3cb when it paints a dotted line.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 RebelAnt3CR.ex4   26 KB | 401 downloads
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  • #183
  • Jun 7, 2024 9:35pm Jun 7, 2024 9:35pm
Quoting emmanuel7788
EURUSD Jun07 Daily - is this possible ? buy and sell today {image}

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jun07 Daily 7-6-2024 10-10-49 am.png Size: 17 KB


...
better than forecast NFP data

pressed price way down ... below candle 1.

next week a new game will emerge

Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily Jun07 NFP 8-6-2024 10-27-10 am.png Size: 18 KB

Weekly chart,

- a big Weekly candle

- next week selling pressure

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jun08 Weekly WCC 8-6-2024 10-33-12 am.png Size: 20 KB



..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #184
  • Jun 8, 2024 2:39am Jun 8, 2024 2:39am
Okay, I had a look, and looks like too much work for me, bye.

It takes a lot for me to IGNORE you, but you can try.
  • #185
  • Edited 12:31pm Jun 8, 2024 9:37am | Edited 12:31pm
I have been reading through this thread, and it is quite impressive. According to my understanding of 3CB, I found a prospect in BTCUSD. I COULD BE WRONG, but if it all plays out, that will be a massive harvest
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  • #186
  • Jun 8, 2024 12:17pm Jun 8, 2024 12:17pm
Quoting Quadz
I have been reading through this thread, and it is quite impressive. According to my understanding of 3CB, I found a prospect in BTCUSD. I COULD BE WRONG, but if it all plays out, that will be a massive harvest{image}
In these timeframes it makes sense to trade to the zone and then away from it.
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  • #187
  • Edited 12:48pm Jun 8, 2024 12:31pm | Edited 12:48pm
For Quadz:

Following the rules. Different and more simple lecture of the graphic D1, but same conclusion.

Note as in W1 we have lost an opportunity. Look at the last four W1 candles. The entry for long was perfect.
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  • #188
  • Edited 4:02am Jun 9, 2024 3:50am | Edited 4:02am
Thanks d5400 and others for clear contributions.

Small experiments based on rules#1. (Hope so starter of the thread is not against)

-? using HA? ---> for this purpose ---> yes but =>H4
-? using MA instead of RebelAnt? ---> both are not needed using HA (only visual, not tested)

BTCUSD H4
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  • #189
  • Jun 9, 2024 6:14am Jun 9, 2024 6:14am
d5400 your strategy is similar of how Raja Banks and Time to Eat community trade live on YouTube. Do you know them? If not, I highly recommend them.
  • #190
  • Jun 9, 2024 7:56am Jun 9, 2024 7:56am
uj fractal views.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #191
  • Jun 9, 2024 5:12pm Jun 9, 2024 5:12pm
I finally managed to find some time and test this gem of a simplicity on forex tester, i had just time to do GBPUSD this weekend.
So idea was to test last year of trading in most simple mechanical way on D1 by placing buy limit and sell limit order with 0.5% risk per trade, based on rules and without second guessing the trend and overthinking the trades. These are the results from the trading from 2023.06.05 till 2024.03.25 (till then i had forex data downloaded tick by tick).
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Help to be helped.
  • #192
  • Jun 9, 2024 7:29pm Jun 9, 2024 7:29pm
Quoting Lazar83
I finally managed to find some time and test this gem of a simplicity on forex tester, i had just time to do GBPUSD this weekend. So idea was to test last year of trading in most simple mechanical way on D1 by placing buy limit and sell limit order with 0.5% risk per trade, based on rules and without second guessing the trend and overthinking the trades. These are the results from the trading from 2023.06.05 till 2024.03.25 (till then i had forex data downloaded tick by tick). {image}
Can you specify the exate entry and exit? There has been a few different ways as I can tell from reading the thread.
Whats your stoploss and takeprofit placement?
  • #193
  • Jun 9, 2024 7:37pm Jun 9, 2024 7:37pm
Quoting Inthebox
uj fractal views. {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #194
  • Jun 9, 2024 10:26pm Jun 9, 2024 10:26pm
Quoting Inthebox
{quote}{image}
uj partial TP. balance BE.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #195
  • Jun 10, 2024 2:08am Jun 10, 2024 2:08am
Quoting Inthebox
{quote} uj partial TP. balance BE. {image}
uj balance candle trailing exit.
Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #196
  • Jun 10, 2024 8:46am Jun 10, 2024 8:46am
Quoting Lazar83
I finally managed to find some time and test this gem of a simplicity on forex tester, i had just time to do GBPUSD this weekend. So idea was to test last year of trading in most simple mechanical way on D1 by placing buy limit and sell limit order with 0.5% risk per trade, based on rules and without second guessing the trend and overthinking the trades. These are the results from the trading from 2023.06.05 till 2024.03.25 (till then i had forex data downloaded tick by tick). {image}
I have like 11 years data for EU and GU .. for Gold like hmm 3 or 4 years tick data.. but if we need more.. i can I paid tickstory
  • #197
  • Jun 10, 2024 9:14am Jun 10, 2024 9:14am
Quoting d5400
{quote} Looking forward to testing multi TF confluence. {image}
@Asw, the board is quiet. I was hoping it would light up and blink
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  • #198
  • Jun 10, 2024 10:30am Jun 10, 2024 10:30am
An example on H4 chart. Many occasions on this TF today.
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  • #199
  • Jun 10, 2024 12:37pm Jun 10, 2024 12:37pm
Some midline plays from today
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  • #200
  • Jun 10, 2024 1:49pm Jun 10, 2024 1:49pm
Quoting d5400
{quote} @Asw, the board is quiet. I was hoping it would light up and blink {image}

I've noticed quite a few setups, I don't know how many there should be.

Asw
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