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super S/R and fibonacci system

  • #21
  • Dec 18, 2013 9:10am Dec 18, 2013 9:10am
Quoting hao
{quote} If the price moves on the blue square, it is a confluence area and one where the command potential. This is the approach I capture the transaction screen. {image} {image}
Last Updated: stop trade.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURGBP (60 Min) 12_18_2013.jpg Size: 64 KB
Trading in the zone
  • #22
  • Dec 18, 2013 9:18am Dec 18, 2013 9:18am
Quoting TheScorpS
{quote} Nice trade hao, looking at the chart now the trade went into the direction of analysis Entered EUR/JPY H1 long, trade stooped out at BE only to continue up, stop was -20 pips, when reached + 12 stop moved to BE {image} {image}
I do not like S / R of you, I can not enter commercial reasons. Again, if you enter the command, move the stop signs and reversing your ???. Good luck,
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Trading in the zone
  • #23
  • Dec 18, 2013 9:23am Dec 18, 2013 9:23am
Now lets see if this analysis works out, looking at GBP/USD H1 for short

What do you think of this
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I Have Learned to Take Some Losses to Make Profits
  • #24
  • Edited 9:51am Dec 18, 2013 9:28am | Edited 9:51am
Quoting TheScorpS
Now lets see if this analysis works out, looking at GBP/USD H1 for short What do you think of this {image} {image}

rules for S / R and trendline: at least 2 vertices or equal lows (Approx.). prices can pass S / R only once.
your , s/r is the case your number 3.
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Trading in the zone
  • #25
  • Dec 18, 2013 9:57am Dec 18, 2013 9:57am
Quoting hao
{quote} Last Updated: stop trade. {image}
price signal stops moving. Notice the pink horizontal line. Red horizontal line is limited to the highest on record. You should see table simulation analysis of my previous candle and you will understand why I put stop loss is very low.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: $EURGBP (15 Min) 11_14_2013.jpg Size: 46 KB
Trading in the zone
  • #26
  • Dec 20, 2013 2:03pm Dec 20, 2013 2:03pm
Hi there Hao. I'm glad you are making harmonics your own with this strategy. I will be a regular visitor/participant of your thread. I invite you to see my journal as well since we share similar concepts.
Best time to plant a tree was 20 years ago, second best is now
  • #27
  • Dec 20, 2013 6:12pm Dec 20, 2013 6:12pm
Quoting horuxito
Hi there Hao. I'm glad you are making harmonics your own with this strategy. I will be a regular visitor/participant of your thread. I invite you to see my journal as well since we share similar concepts.
Welcome you come to my theme. visual appearance of my system and the same system through Mr.pip. But by using different.
- My system moving from A to B confluence, not using the model.
- Other systems using S / R and Trendline. They need a large stop loss. Such systems is difficult to distinguish but adjusting large price .
- In case of adjusting price to near confluence A. Everyone blames eventually random ,I think it's adjusting price a greater extent. Such systems have to ratio be complete average. TP and still acne commercial.
Simply because it has no reason to reverse.
You can see examples EURCHF I upload. or commercial simpler, no moving part modeled Harnonic.

Everyone needs a trailing stop, I do not need, I know I'll use and where exactly reversed.
Trading in the zone
  • #28
  • Dec 20, 2013 8:15pm Dec 20, 2013 8:15pm
Quoting hao
{quote} Welcome you come to my theme. visual appearance of my system and the same system through Mr.pip. But by using different. - My system moving from A to B confluence, not using the model. - Other systems using S / R and Trendline. They need a large stop loss. Such systems is difficult to distinguish but adjusting large price . - In case of adjusting price to near confluence A. Everyone blames eventually random ,I think it's adjusting price a greater extent. Such systems have to ratio be complete average. TP and still acne commercial. Simply...
Thank you hao, will catch up with the thread and follow your progress, keep it up!
Best time to plant a tree was 20 years ago, second best is now
  • #29
  • Dec 21, 2013 1:03am Dec 21, 2013 1:03am
Quoting horuxito
{quote} Thank you hao, will catch up with the thread and follow your progress, keep it up!
Hi horuxito, nice to have here, what I really like about using harmonic ie ABCD models to trade in this case what hao try to teach in this thread is that it really is tight stop with big rewards, I have been forward testing and try to learn this approach and its fascinating, it needs time but eventually we can learn

Looking back at EURGBP trade that hao take, the stop was 10 pips but the reward is big , this what we are trying to learn
I Have Learned to Take Some Losses to Make Profits
  • #30
  • Dec 21, 2013 6:00am Dec 21, 2013 6:00am
how to determine the AB leg, here is the answer, you need time and experience to learn (I spent a lot of time with Swing)
you can draw fib expansion, starting from: 38.6 - 88.6 fib recement
http://www.forexfactory.com/showthre...86#post6340286
http://www.forexfactory.com/showthre...94#post6347394
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3 steps to super trade system.
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Trading in the zone
  • #31
  • Edited 7:51am Dec 21, 2013 6:31am | Edited 7:51am
My opinion about: indicator, harmonic, S / R, trendline.

harmonic patterm - Scott M. Carney ( trading volume one & two)
- Success rate: 60 -70%

- Disadvantages: PRZ wide, wide stop loss.
- I trade more than 1 month.
Attached Image (click to enlarge)
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Attached File(s)
File Type: zip parterm.zip   261 KB | 715 downloads


harmonic model improvements - Mr. PIP. http://www.forexfactory.com/showthread.php?t=402253
- Success rate: 70-80%
- PRZ smaller. your trade less.
- I trade more than 6 month. PRZ smaller. wait at point D commercial, very uncomfortable. you wait for the BAT model, crabs, butterflies. It can pass through PRZ or close to the PRZ, leg ABCD (BAT = XABCD) can form an AB = CD pattern smaller. Because smaller PRZ.
* It is why I trade model: A, B, C, D. I moved in confluence

Attached Image

Attached File(s)
File Type: docx DCASTFX Advance Pattern Reference Guide Revised.docx   605 KB | 497 downloads
Trading in the zone
  • #32
  • Edited 7:12am Dec 21, 2013 7:02am | Edited 7:12am
Quoting hao
My opinion about: indicator, harmonic, S / R, trendline. harmonic patterm - Scott M. Carney - Success rate: 60 -70% - Disadvantages: PRZ wide, wide stop loss. - I trade more than 1 month. {image} {file} harmonic model improvements - Mr. PIP. - Success rate: 70-80% - PRZ smaller. your trade less. - I trade more than 6 month. PRZ smaller. wait at point D commercial, very uncomfortable. you wait for the BAT model, crabs, butterflies. It can pass through PRZ or close to the PRZ, leg ABCD (BAT = XABCD) can form an AB = CD pattern smaller. Because smaller...

S / R + Trend line
case 1/in trade: traders can combine S / R + Trendline trade. Traders awaited S / R + Trendline formed a reversal area.
- I uploaded the picture, at the command BUY. prices go down and to see a trendline and price reversal(I met quite a lot of cases) formation of 2 cases. ( increased prices to pass the command area entry.. )
case 2/ Trader can trade with 1 S/R + indicator or 1 Trendline + indicator.
- Price can be reversed with a line Trend + indicator, thus S / R is not needed???. case: trenline is the only weapon you use, you will see commercial acne.
Attached Image



INDICATOR:
- you can estimate: How many indices on the world? How many traders use the same index? Some are born just how many years?
- There are too many indicators, the number of traders use the same indicators are very few (compared to the total number of traders in the world), it was launched recently. Index less effective, should form the trade price action. as such, the index is not necessary.
Trading in the zone
  • #33
  • Dec 21, 2013 8:10am Dec 21, 2013 8:10am
Quoting TheScorpS
Now lets see if this analysis works out, looking at GBP/USD H1 for short What do you think of this {image} {image}


sorry, I have not tested it.
1 / circles in yellow: I do not have a reason to sell. In this case I will not sell, I encountered many cases of early reversal, moving closer to Trendline or S / R. ( 60min chart )
2 / price Join the potential confluence area, you should wait to buy reversal.
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Trading in the zone
  • #34
  • Dec 21, 2013 9:05am Dec 21, 2013 9:05am
Quoting TheScorpS
{quote} Thanks hao for all thee hard work your doing into this thread, I can see what you mean by showing all the previous chart, it just needs time for information to sink that am able to use them in real trading as In today I made an analysis, and then because of over analysis I failed to follow the original plan, and thus the trade follow my mistakes, its about plotting all what you have said above to see where the expectations of price might headed Thanks again This is the trade taken today Trade taken on the 1H chart , confluence was found...
Hi Hao and TheScorpS
Hi Hao, I'm studying your system.
I share your view, thanks for your explanations. I hope to learn from you, and improve my trading.
excuse my English too.
Greetings pampaq
In the second graph, posted by TheScorpS, you can add that when D within XA does not exceed B (low momentum), it is possible to project a ONE TO ONE (BC) from B. And when you get 0% of XA, validates ONE TO ONE (100%) of XA from point B.
So with a very small SL I have two TPs a 100% of BC from D, and the other TP, the XA projection from B.
What you think of this?
Thank you very much, very good topic and I hope to follow and learn from you.
Pampaq
Attached File(s)
File Type: pdf ONE TO ONEPARA HAO.pdf   52 KB | 533 downloads
  • #35
  • Dec 21, 2013 11:08am Dec 21, 2013 11:08am
Quoting hao
{quote} sorry, I have not tested it. 1 / circles in yellow: I do not have a reason to sell. In this case I will not sell, I encountered many cases of early reversal, moving closer to Trendline or S / R. ( 60min chart ) 2 / price Join the potential confluence area, you should wait to buy reversal. {image} {image}
Hi Hao, thanks again for putting your touch into this analysis, there was FOMC coming as I remember so stayed out from the market and didn't trade, pa went high as you draw in the chart and reverse
I Have Learned to Take Some Losses to Make Profits
  • #36
  • Dec 21, 2013 12:21pm Dec 21, 2013 12:21pm
Quoting pampaq
{quote} Hi Hao and TheScorpS Hi Hao, I'm studying your system. I share your view, thanks for your explanations. I hope to learn from you, and improve my trading. excuse my English too. Greetings pampaq In the second graph, posted by TheScorpS, you can add that when D within XA does not exceed B (low momentum), it is possible to project a ONE TO ONE (BC) from B. And when you get 0% of XA, validates ONE TO ONE (100%) of XA from point B. So with a very small SL I have two TPs a 100% of BC from D, and the other TP, the XA projection from B. What you...
Nice to have you here, and many thanks for the explanatory pdf
I Have Learned to Take Some Losses to Make Profits
  • #37
  • Dec 21, 2013 5:51pm Dec 21, 2013 5:51pm
Quoting TheScorpS
{quote} Hi Hao, thanks again for putting your touch into this analysis, there was FOMC coming as I remember so stayed out from the market and didn't trade, pa went high as you draw in the chart and reverse
you have confluence. and reverse signals, you can skip the event. I trade under this system, events are not allowed to touch my stop loss, do not worry. I go much business, I have not encountered events against my stop loss in place, it is a curious thing.
Trading in the zone
  • #38
  • Dec 21, 2013 6:04pm Dec 21, 2013 6:04pm
Quoting pampaq
{quote} Hi Hao and TheScorpS Hi Hao, I'm studying your system. I share your view, thanks for your explanations. I hope to learn from you, and improve my trading. excuse my English too. Greetings pampaq In the second graph, posted by TheScorpS, you can add that when D within XA does not exceed B (low momentum), it is possible to project a ONE TO ONE (BC) from B. And when you get 0% of XA, validates ONE TO ONE (100%) of XA from point B. So with a very small SL I have two TPs a 100% of BC from D, and the other TP, the XA projection from B. What you...
TP1 and TP2 forget you or, where there is confluence, I will stop trading. you remember one thing, I enter the command at the confluence + reverse signals, I stopped at the confluence commercial potential. (can the reversible without signs.)

confluence in blue circle reversal, yellow circle is an area larger than 2 ABCD model. I will tell you: the model size compared to larger models and its effects, but, not now.
Attached Image (click to enlarge)
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Trading in the zone
  • #39
  • Dec 22, 2013 5:52am Dec 22, 2013 5:52am
a rare case: reverse signals trapped between two confluent.
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Trading in the zone
  • #40
  • Dec 24, 2013 1:31pm Dec 24, 2013 1:31pm
Hello ! This is regarding my previous post in harmonics. I had this approach, I been looking through my files and found it.

This is by the Dinapoly approach, I can't say that you can use it with harmonics, because I am not sure. I have been using it 3-4 years ago.

Win rate is 40%, chart M15, average R:R is 1:3, average SL 20-25 pips, average TP 50-60 pips. You will have 5-10 trades a months. Pairs EJ and EU. You can try another one, but not sure.

Trend line draw by the spikes, not close of candle. It is can be brake of trend line and retest, or trend line can hold , in this case it has to be 3rd touch of trend. line.
I didn't have BE point, there was only TP and SL, but I think at 100% you can move to BE, honestly don't remember.
It has to be 61% retracement, and only 61%, price shouldn't close above 78, but there is no rule that price has to close above or below 61%. Spike through 61% works as well. It is kind of Like ABCD, but for aggressive entry at C you need close below C, here is not.
TP at 127%. SL Below the Low of the candle which was at trend line. If you had a spike and price hit your SL, but trend line still holds you can renter.
I used Dragon from sonic, it gives me more visual effects.

Best Regards!
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Even though I walk through the darkest valley, I will fear no evil
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