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Attachments: PA in OFF and HPFZ
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PA in OFF and HPFZ

  • #141
  • Oct 11, 2013 9:00am Oct 11, 2013 9:00am
second position closed, and done for the week
Attached Image (click to enlarge)
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  • #142
  • Oct 11, 2013 9:10am Oct 11, 2013 9:10am
brief description of my explorers.
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  • #143
  • Oct 11, 2013 12:03pm Oct 11, 2013 12:03pm
Good result! Keep going.

But this system looks complicated. And all the ZIP (EA & Indicators) are password protected.
  • #144
  • Edited 9:06am Oct 15, 2013 7:43am | Edited 9:06am
Quoting ~bull.bear~
Good result! Keep going. But this system looks complicated. And all the ZIP (EA & Indicators) are password protected.
Hi ~bull.bear~, thanks for your interest. EA and Indicators are not as important but the concepts. What part you find difficult? Just ask. Here is an example.

SHORT USDCHF:

explanation:

Price has cross up 2 times de WIBH (Weekly Initial Balance High), is above de DIBH (Double Weekly Initial Balance High) and is near the Primary High level (this primary high is based in ATR, we had 3 levels based in ATR, Trading Range High, Secondary High and Primary High as the highest)

Then you should wait for Price Action to confirm, this is found with a long high shadow followed with a down bar in this case.

Hope you find this useful

regards


edit: second picture: after 2 hours almost touching take profit

edit: third picture: seen that will close at BE.

edit: forth picture: closed at BE this time.
Attached Image(s) (click to enlarge)
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  • #145
  • Oct 15, 2013 8:09am Oct 15, 2013 8:09am
Here's another example that would have taken if I was in front of the PC:

Show GBP USD, about after London Opened today.

Explanation:

Price is between BP (Balance Point = the average of the previous 5 days) and TRL (Trading Range Low, level based on ATR), so, basicaly I should wait for Sells after good PA, then Price Actions appears, in this case in the form of a Pin Bar hitting the BP.

regards.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_2013_10_15.png Size: 54 KB
  • #146
  • Oct 15, 2013 10:34pm Oct 15, 2013 10:34pm
OK. There are many lines which cause me confusing by looking the chart.

In the first post, as below it means
1. Open long and short position between the area WIBH and WIBL (Provided all the conditions are met) ?
2. What do you mean by near this line? Is after confirming with candle bar direction ?
3. I can see your trading range line is the target. How about those POC, VAH, VAL and etc ?
4. I also can see you don't put stop loss initially, so what is your actual stop loss before BE?

Bottom to Top weeks:
Longs: BP, WIBL, WIBH (if price was above), LR, TRL, SL, PL (or grid lines near this lines)
Shorts: WIBH (if price was below), HR (if VAH 3 or 4 near), PH (if VAH 5 or 6 is near)

Top to Bottom weeks:
Shorts: BP, WIBH, WIBL (if price was below), HR, TRH, SH, PH (or grid lines near this lines)
Longs: WIBL (if price was above), LR (if VAL 3 or 4 near), PL (if VAL 5 or 6 is near)


I think this system can be simplify, try not to draw so many lines in one chart, which will cause eyes pain. My suggestion is to covert those line into a resultant entry signal, for long or short.
Thanks.
  • #147
  • Oct 16, 2013 6:03am Oct 16, 2013 6:03am
Quoting ~bull.bear~
OK. There are many lines which cause me confusing by looking the chart. In the first post, as below it means 1. Open long and short position between the area WIBH and WIBL (Provided all the conditions are met) ? 2. What do you mean by near this line? Is after confirming with candle bar direction ? 3. I can see your trading range line is the target. How about those POC, VAH, VAL and etc ? 4. I also can see you don't put stop loss initially, so what is your actual stop loss before BE? Bottom to Top weeks: Longs: BP, WIBL, WIBH (if price was above),...
Good morning ~bull.bear~, sorry I was not fully updating the first post, I will try to explain the different points.

1. Open long and short position between the area WIBH and WIBL (Provided all the conditions are met) ?

First, the method is very discretionary, levels are only references, more important are the concepts, did you read the pdf files?

Main concept about WIB is that these levels are the Highest and the Lowest of Monday and Tuesday, in other therms are support and resistances of the firs 2 days of the week. That's why you should pay attention to these lines (levels).

2. What do you mean by near this line? Is after confirming with candle bar direction ?

Yes, it is confiming with Price Action, and where is the price in reference with all the levels.


3. I can see your trading range line is the target. How about those POC, VAH, VAL and etc ?

Trading range line is not the target. Target is about 220-250 Pips.
Currenctly I am not using the Grid lines (POS, VAH, VAL)

the levels I am using with OFF (Order Flow Framework) are

WIBL WIBH = Weekly Initial Balance Low & High
DIBL, DIBH = Double IB L & H
BP = Balance Point
HR, LR = High Range (3 Days) High & Low.

and the Levels based in ATR

TRL, TRH = Trading Range High & Low
SL, SH
  • #148
  • Oct 16, 2013 6:19am Oct 16, 2013 6:19am
Quoting ~bull.bear~
OK. There are many lines which cause me confusing by looking the chart. In the first post, as below it means 1. Open long and short position between the area WIBH and WIBL (Provided all the conditions are met) ? 2. What do you mean by near this line? Is after confirming with candle bar direction ? 3. I can see your trading range line is the target. How about those POC, VAH, VAL and etc ? 4. I also can see you don't put stop loss initially, so what is your actual stop loss before BE? Bottom to Top weeks: Longs: BP, WIBL, WIBH (if price was above),...
Good morning ~bull.bear~, sorry I was not fully updating the first post, I will try to explain the different points.

1. Open long and short position between the area WIBH and WIBL (Provided all the conditions are met) ?

First, the method is very discretionary, levels are only references, more important are the concepts, did you read the pdf files?

Main concept about WIB is that these levels are the Highest and the Lowest of Monday and Tuesday, in other therms are support and resistances of the firs 2 days of the week. That's why you should pay attention to these lines (levels).

2. What do you mean by near this line? Is after confirming with candle bar direction ?

Yes, it is confiming with Price Action, and where is the price in reference with all the levels.


3. I can see your trading range line is the target. How about those POC, VAH, VAL and etc ?

Trading range line is not the target. Target is about 220-250 Pips.

Currenctly I am not using the Grid lines (POS, VAH, VAL).

the levels I am using with OFF (Order Flow Framework) are

WIBL WIBH = Weekly Initial Balance Low & High
DIBL, DIBH = Double IB L & H
BP = Balance Point
HR, LR = High Range (3 Days) High & Low.

and the Levels based in ATR

TRL, TRH = Trading Range Low & High
SL, SH = Secondary Low & High
PL, PH = Primary Low & High

These are the level I will search for Action (Price Action)

4. I also can see you don't put stop loss initially, so what is your actual stop loss before BE?

I am not using SLs. In the low risk account I use the Pyramid MM found in Xandi'thread but with very lowest Risk than he.
And in the high risk account I need to be watching the screen.

I think this system can be simplify, try not to draw so many lines in one chart, which will cause eyes pain. My suggestion is to covert those line into a resultant entry signal, for long or short.

I know it looks complicated, I has to readed several times those pdfs to clearly understand, and then wrote the indicators by myself, manual backtests with several currendys pairs, before get use to the lines.

In some charts are 2 Indicators: OFF (Order flow framework) & HPFZ (HIGH PROBABILITY FIBONACCI ZONE ANALYSIS), both are very similar, but the first one, take the prior 5 and 3 days into account, and the second (HPFZ) only 3 days back.

I hope I did not confuse you more.

Best Regards.
  • #149
  • Oct 16, 2013 6:27am Oct 16, 2013 6:27am
Quoting Peepo
{quote} Hi ~bull.bear~, thanks for your interest. EA and Indicators are not as important but the concepts. What part you find difficult? Just ask. Here is an example. SHORT USDCHF: explanation: Price has cross up 2 times de WIBH (Weekly Initial Balance High), is above de DIBH (Double Weekly Initial Balance High) and is near the Primary High level (this primary high is based in ATR, we had 3 levels based in ATR, Trading Range High, Secondary High and Primary High as the highest) Then you should wait for Price Action to confirm, this is found with...
USFCHF, after yesterday short.
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  • #150
  • Oct 16, 2013 9:52am Oct 16, 2013 9:52am
Today:

Short EURJPY,

first picture: PA, in 15m TF. near WIBH. and above HR (High Range - Orange Line).

second picture: the big Picture. almost reached the target. I just close manually. 20 pips fast.
Attached Image(s) (click to enlarge)
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  • #151
  • Oct 17, 2013 8:47am Oct 17, 2013 8:47am
Short GBPUSD

edit: close manually: - 20 pips
Attached Image (click to enlarge)
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  • #152
  • Edited Oct 18, 2013 5:46am Oct 17, 2013 9:53am | Edited Oct 18, 2013 5:46am
Short USDJPY

edit: 44pips
Attached Image(s) (click to enlarge)
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  • #153
  • Edited 8:53am Oct 18, 2013 6:01am | Edited 8:53am
Short EURJPY

edit : after 2 hours move SL to be, set more profit.

edit : closed BE
Attached Image(s) (click to enlarge)
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  • #154
  • Oct 21, 2013 7:12am Oct 21, 2013 7:12am
I just opened a new 100$ demo account, and my goal is to reach 2.000$ in this week, I will post the results here.

I found this opportunity in AUDUSD. Lets see where it goes.

Picture 1: Price is in DIBH and HR., Target is at WIBH aprox 120 pips.
Attached Image (click to enlarge)
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  • #155
  • Oct 21, 2013 7:32am Oct 21, 2013 7:32am
The money Net.

Sell Limits and Sell Stops in every Level to the target.
Attached Image (click to enlarge)
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  • #156
  • Oct 22, 2013 10:29am Oct 22, 2013 10:29am
Quoting Peepo
The money Net. Sell Limits and Sell Stops in every Level to the target. {image}
Deleted all pending orders. and closed orders., Price went to the opposite a bit later.
  • #157
  • Oct 22, 2013 10:30am Oct 22, 2013 10:30am
Long USDCHF....
Attached Image (click to enlarge)
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  • #158
  • Oct 24, 2013 5:37am Oct 24, 2013 5:37am
Quoting Peepo
I just opened a new 100$ demo account, and my goal is to reach 2.000$ in this week, I will post the results here. I found this opportunity in AUDUSD. Lets see where it goes. Picture 1: Price is in DIBH and HR., Target is at WIBH aprox 120 pips. {image}
Demo Account Broken...
  • #159
  • Oct 24, 2013 6:19am Oct 24, 2013 6:19am
that is outstanding :o .... well done mate
"Know what you own, and know why you own it" — Peter Lynch
  • #160
  • Oct 25, 2013 5:53am Oct 25, 2013 5:53am
Quoting gyanpapi
that is outstanding :o .... well done mate
Thanks mate!
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