Scalp, scalp, scalp

wow thats some down candle,!!

friday 28 th

av 16202
dsh 16429
dls 16035

wk end close 29th sept

av 16196
dsh 16232
dsl 16104

open and close daily,3 days

16168

will log open and close price ,

the interesting thing im finding with my calculated levels .

they repeat within 2 to 5 pips,continually as price randomly travels, the same points repeat

very mind scratching

started to map these price levels in manual journel,now gone behond coincidence

also noted,but coincedental thus far,old channel lines seem to fall on these levels !!!

averaged price levels definatly have some use,

i only wish i could write in this computer language,

any body want to write me an indicator

moving averages just dont cut it

price has an averaged agreemement point,many reasons for this but we dont need to concder the why,s.

the information from that point tells us so much,hence the moving average is a benificial tool .

posted many times on previous threads but lends towards the point ive been thrashing around in my mind for many month

Dear Sir

Did you share before your system?
Regards.
Bülent

hi bulent.

im no sir,william is my name

to answer your question,ive never had a system to give.this journel is my journey .its been along journey.ive found some truths and many flaws in the way were guided to trade,

by no means have i the perfect trading metholidgy but im getting closer to some kind of understanding of the way i should view the markets.and its very diferent to were i begun,almost a complete circle .

my first encounter in fx market took place nearly 20 years ago.all we had them days was very basic computers .all we really had was ochl,i didnot survive that encounter.
when i returned to fx some 6 years or so ago.i was mesermerised with all the gadgets.i wasted 4 years following them.ONLY TO RETURN TO OCHL.
i never even understood the idicators make up,what it derived from !

indicators can be helpfull within there bounderies of history.

what i believe is,

price is true to itself.it does conform to a perfect calculation)does this help me.no .i still dont know which way it will travel to complete this cycle of perfection.

s/r levels are usefull but not in the way there used.(im still guilty of making this simple mistake

the complexity of the random nature in which price travels,does have a perfect structure.

i believe this somwhat looking random walk can be explioted .

many have found there way of doing so and those ways are very diferent from one and other.

this jornel is my way

i feel like frank sinatra saying that

Hello,
I am very sory william first. Thanks to exsplain for your jorney story.
Best Regards.
Bülent.

hi bulent,

all is good.

ill try to explain the core ingredients to my trading method,

im watching the instruments in the attached image.im looking for harmoney with the flow of monies,ie is it leaving the indicies and the more riskea currencies and going to doller or yen.from these observations i can determine if there synce or no synce,no synce will show mixed values some neg and some poss,when the market is in this rather unstructured fashion i trade the range.

i can also determine moments within the market when a pair is out of sorts with the others,many reasons for this but we only need to see the fact that its not fallen into synce,these can be very rewarding trades.

i also use these values for bias,when they are all in synce you can watch the market breath,see the momentum across the whole market.i can enter trades into the present trend with momentum to quickly put my trade into a low risk managable trade.

these are just a few examples of watching the market this way.but ive been viewing these in this way for over 3 years..

i use channel lines from larger time frames along with daily and hourly averaged prices and high low level exremes.if the low to high exeeds cables possible daily range i zoom into smaller time frames.
these levels are my map.i focus only on direction using these levels.they dont have any predictive qualities,but generally show were price has some temporary agreement.i trade short below and long above these levels.

the value changes help with entry.

my entry then comes from the 1 min chart.were i ideally need the bias confirmed by the 0 z line.

hope this helps in understanding my method and thoughts behind my trades

regards

Dear Friendş
Thank you very much for your effort. I understant little bit your system but not all of them for exemple your chanel lines ??
Best regars.
Bülent.

price in this channel,my levels all squeezed close.prise presently above daily av and hour.no trades as yet

price failed to break the highs and fell off through this 2 min channel retest this chh entered short

ok got second short as seen on my entry charts.z break and fractal break,like a flip on to the otherside

closed both shorts at 38 level,daily averaged,price piercing down to last days split high and comming back to average.total 32 pips

adjusted hourly levels

taken long from 51 level.from daily high split with 0 z line retest

watching price very closely,not getting the price view i was hoping to see,will close with small loss if no change

closed 43 -8

little premature on my entry ,especially at that daily split high,a break and retest would be safer.

daily levels remain same,hourly to work of,daily open was equal to close no change,thats a rare event,prices completed the whole sequence from daily to hour.price at yesterdays daily low split,interesting obsevations