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The 3-plan

  • #181
  • Dec 5, 2013 12:34pm Dec 5, 2013 12:34pm
Quoting Eurusdd
{quote} YOU ARE GOOD!
Quoting wannaberich
{quote} thanks, i see. makes perfect sense. that just cleared one of my doubts! green pips
Thanks for reading my post

@wannaberich its still very much theory, I'm not at my platform so I can't back test yet to see how much water it holds. There also this wishful idea of e.g the stochs line up and it happens to be a sell and exit when they split and change to buy and exit when line up and on and on....haha if things were that simple but who knows?
I want more brain power!
  • #182
  • Dec 5, 2013 12:34pm Dec 5, 2013 12:34pm
Quoting Eurusdd
TRADE: Sell EURUSD @ 1.36656 +/- 2pips SL = 10-14 pips TP : that level may hold for long!! Probability of success: 80%+
TP : that level may hold for long!!

What do you mean? What level may hold ?
  • #183
  • Dec 5, 2013 12:37pm Dec 5, 2013 12:37pm
Quoting Baillie
{quote} TP : that level may hold for long!! What do you mean? What level may hold ?
haha. meaning that level could hold till NFP on friday. That is the top for the 1ema with 80% chance.
  • #184
  • Dec 5, 2013 12:39pm Dec 5, 2013 12:39pm
Quoting Baillie
{quote} Will Do, Buddy! Looks the most promising way to trade this; will be looking at the 50% line to see if there is a way to capitalize on an entry.
Thanks! Credits to Waez's post @ 145. Its very much his idea, I just made a test plan out of it though I get the feeling I'm missing something...can't quite put my finger on it though
I want more brain power!
  • #185
  • Dec 5, 2013 12:43pm Dec 5, 2013 12:43pm
Quoting cfdtaleong
{quote} {quote} Thanks for reading my post @wannaberich its still very much theory, I'm not at my platform so I can't back test yet to see how much water it holds. There also this wishful idea of e.g the stochs line up and it happens to be a sell and exit when they split and change to buy and exit when line up and on and on....haha if things were that simple but who knows?
yeah, that would be sooo good LOL

anyway i am very interested on the "no more than 3 losses" idea. let's see how it turns out. also Eurusdd's input on the numbers he gets from sequencing is a major add-on. seems like i will really have to dig into that...:nerd:
dreams do come true.
  • #186
  • Dec 5, 2013 12:44pm Dec 5, 2013 12:44pm
Quoting cfdtaleong
{quote} Thanks! Credits to Waez's post @ 145. Its very much his idea, I just made a test plan out of it though I get the feeling I'm missing something...can't quite put my finger on it though
Right, There are going to be a lot of values to overlay, how do you propose to find the best without a super computer?
  • #187
  • Dec 5, 2013 1:33pm Dec 5, 2013 1:33pm
Quoting Eurusdd
TRADE: Sell EURUSD @ 1.36656 +/- 2pips SL = 10-14 pips TP : that level may hold for long!! Probability of success: 80%+
Hopefully it won't touch SL E/U is rising right now.....
  • #188
  • Dec 5, 2013 1:37pm Dec 5, 2013 1:37pm
lost money
  • #189
  • Dec 5, 2013 1:39pm Dec 5, 2013 1:39pm
very close to sl. lol. That is the first one. i took 14pips sl. stay valid.
  • #190
  • Dec 5, 2013 1:43pm Dec 5, 2013 1:43pm
Quoting Eurusdd
very close to sl. lol. That is the first one. i took 14pips sl. stay valid.
i'm still in just not happy with the fact that this was the 4th dissimilarity between price and Stoch in a row. let's rename the thread 4 plan?
dreams do come true.
  • #191
  • Dec 5, 2013 1:45pm Dec 5, 2013 1:45pm
I took SL 14pips, price 1.3664 S/L 1.3678
and it close at 1.3678
  • #192
  • Edited 2:03pm Dec 5, 2013 1:47pm | Edited 2:03pm
Quoting wannaberich
{quote} yeah, that would be sooo good LOL anyway i am very interested on the "no more than 3 losses" idea. let's see how it turns out. also Eurusdd's input on the numbers he gets from sequencing is a major add-on. seems like i will really have to dig into that...:nerd:
You might want to check out the thread "Ultimate truth" to get an idea how Eurusd gets his numbers but be warned, its gonna to be a rough ride

Quoting Baillie
{quote} Right, There are going to be a lot of values to overlay, how do you propose to find the best without a super computer?
The old fashioned way for now I guess ​ 64f has a post @ 116 which gives literally about 101 possible values so i guess that would be manageable for now.

Edit : I might go back to the similarity thread to see if i can find any recommended value to overlay on the 1ema and see how it ties in with the test plan.
I want more brain power!
  • #193
  • Dec 5, 2013 1:47pm Dec 5, 2013 1:47pm
Quoting wannaberich
{quote} i'm still in just not happy with the fact that this was the 4th dissimilarity between price and Stoch in a row. let's rename the thread 4 plan?
Seriously, these are the kinds of posts I don't like. Because no where on this thread did I say the stoch 1ema is the source of the 3-plan strategy. And, no one knows the parameters you are using and when you make your trades.

Get off the thread if you don't know what it is about. For your information, the OMEGA strategy forms the basis of the 3-plan and it is on page one.
  • #194
  • Dec 5, 2013 1:51pm Dec 5, 2013 1:51pm
Finally, it is a 3-plan and so you are not supposed to FAIL 3-times in a row for any major call I make. Well - if that is too hard for you, just do what you do and don't mis-quote me.
  • #195
  • Dec 5, 2013 1:54pm Dec 5, 2013 1:54pm
Quoting Eurusdd
{quote} Seriously, these are the kinds of posts I don't like. Because no where on this thread did I say the stoch 1ema is the source of the 3-plan strategy. And, no one knows the parameters you are using and when you make your trades. Get off the thread if you don't know what it is about. For your information, the OMEGA strategy forms the basis of the 3-plan and it is on page one.
Dear EurUsdd, i guess there is no need to get angry and tell to go way. i will do so if you want although i would like to hear some more about your method. i was just commenting and tried to do it by making a joke. i was NOT making fun of the method. if you prefer i will be silent. all the best and green pips to u and all others here.
dreams do come true.
  • #196
  • Dec 5, 2013 1:59pm Dec 5, 2013 1:59pm
Quoting Eurusdd
...if that is too hard for you, just do what you do and don't mis-quote me.
again there is no need to be harsh. if i misquoted you it was because i misunderstood what i read. i am sorry for being so dumb.

green pips
dreams do come true.
  • #197
  • Dec 6, 2013 1:29am Dec 6, 2013 1:29am
Hi

I love this technique and I hope I could master it soon...

In the mean time, hopefully someone could explain the purpose of having EMA300 on the chart. As for now, I've taken out the EMA from my chart.

I used the value of 350 for both the stoch and the EMA (the one which which is supposed to be flat) and I think once the EMA is trending, the stoch and line chart/ema would no longer form similar curves. Perhaps, its signal a strong trend...

Great works EURUSDD...

I'm still working out to get out of red pips

Thanks.
  • #198
  • Dec 6, 2013 2:20am Dec 6, 2013 2:20am
eurusd to start closing below 1.36613. 1hr bar. Any down today is likely to close the day above 1.36125
  • #199
  • Edited 7:25am Dec 6, 2013 3:53am | Edited 7:25am
Hi

Just for the purpose of my own learning and understanding of how stoch could work together with EMA. I know I could terribly be wrong again, but im ok with being wrong, as long as I could improve myself...

In the chart attached, its stochastic 200 and EMA200, and I spotted the difference in the curves. Perhaps its an early signal... and after having waited for several hours, the stoch came back to the area labelled with white line, and price now crossed ema200

EURUSDD, please explain why the need for a flat EMA ? Trending ema also can tell its own story maa

Thanks
Attached Image
  • #200
  • Dec 6, 2013 7:47am Dec 6, 2013 7:47am
Quoting naufas
why the need for a flat EMA ?
So that it "aligns" with stoch's flat 0, 50 and 100 levels, I believe :nerd:
Even if you fall on your face, you're still moving forward.
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