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A delicate secret

  • #21
  • Apr 5, 2014 2:26pm Apr 5, 2014 2:26pm
Thanks, Eurusdd. Great stuff!
Life is too short to have anything but delusional notions about yourself.
  • #22
  • Apr 5, 2014 2:46pm Apr 5, 2014 2:46pm
Quoting Oghix
{quote} No offence but you did not give an answer for my questions. I did not ask you about your indicator or if people understand it or not.Could you just give me a straight answer? If you do not want to answer them then simply say that you do not want to answer them. My questions were: 1. What is your probability of success based on your trading using this system? 2. Are you going to post calls based on analysis of the whole group or just based on your own analysis? 3. Are you an initiator of the group that you mentioned?
Hello: Concerning the probability the best way to find out is look at a large number of data. I can't post them here and I don't even want to. I am not saying you should follow my system but I will post calls here based on the system above. You can calculate my success rate for yourself and determine if following my leads is profitable.

I am going to make calls based on my analysis which has p = 87% currently.

I am not the initiator of the group.
  • #23
  • Apr 5, 2014 2:48pm Apr 5, 2014 2:48pm
Quoting Magix
{quote} Successful of what? How do we even know that these aren't painted in reverse? After the level is hit, the arrow on historical gets painted...the perfect system, like all others...in reverse! Supply and demand is nothing new to market, and anybody that can draw a horizontal line on a chart can do the same...no fancy mathematical probability claims, no colorful arrows... That isn't going to make you money... Read back through some actual historical posts, burns...how many people can you find that went broke, playing trend? Knowing where it...
Did you get what I said. My calls or analysis should be the measurement of how effective my trading philosophy is. Before you take me seriously, evaluate my calls or leads.
  • #24
  • Edited 3:07pm Apr 5, 2014 2:50pm | Edited 3:07pm
It is not that special that the trade signals are 100% perfect. Price fluctuations create the market and eventually price will always return to whatever level is given. It is more about what drawdown your account is able to take as in some examples the price moved away several hundred pips first in order to return.

This philosofy is only underlining the nature of the market, but no entry methods whatsoever, that's up to the readers. Personally I would for example get an average bar length for price to return to the orange arrows and hedge it from that point in order to cover the extremes.
  • #25
  • Apr 5, 2014 2:52pm Apr 5, 2014 2:52pm
Quoting Eurusdd
The world of forex-trading is governed by information. The one who has access to the right information at the right time and can process them quickly will normally be ahead of the pack. It is also a world full of people who don't try hard to survive but sell their organs everyday. I have seen many people post systems here and some will attck you if you don't give out your indicator. What you don't understand is that: it is better to click buy/sell without the next person knowing exactly why you bought/sold. That make it impossible for anyone to...
Hello,

I am a strong advocate of price action and the technical approach (NOT fundamentals), but it seems to me this post (the first one) is just another way of saying support & resistance. It exists on all time frames, whether you know it or not. Good traders just observe the levels more frequently, imho.

Would I be wrong in saying this? And if so, what is the difference between your argument and basic support and resistance?
Please check out my blog at https://from-zero-to-hero . net
  • #26
  • Apr 5, 2014 2:54pm Apr 5, 2014 2:54pm
There are many ways to profit from my leads.

1: If you look very closely at the pictures I posted, you will find that all levels were hit on the same page. Therefore, when a level is created, before the 4hr bar vanishes from your chart : zoomed in like mine : we should expect price to hit the level again. It is up to you to determine how and when you want to play that.

2: There will be cases where I will give precise probability for success. For example, the pictures above support a very high probability of success. When the probability of success is extremely high: >95% I will say that those using SL should not spend more than 15pips.

This is a high-probability trade thread. Targets will be hit before the bar-in-question vanishes from your chart. Forget the noise!!!
  • #27
  • Apr 5, 2014 2:56pm Apr 5, 2014 2:56pm
Quoting Robertk
It is not that special that the trade signals are 100% perfect. Price fluctuations create the market and eventually price will always return to whatever level is given. It is more about what drawdown your account is able to take as in some examples the price moved away several hundred pips first in order to return. This method is only underlining the nature of the market, but no entry methods whatsoever, that's up to the readers. Personally I would for example get an average bar length for price to return to the orange arrows and hedge it from that...
The key thing to remember: the level will be revisited before the bar leaves your screen.
  • #28
  • Apr 5, 2014 2:58pm Apr 5, 2014 2:58pm
Quoting smash1820
{quote} Hello, I am a strong advocate of price action and the technical approach (NOT fundamentals), but it seems to me this post (the first one) is just another way of saying support & resistance. It exists on all time frames, whether you know it or not. Good traders just observe the levels more frequently, imho. Would I be wrong in saying this? And if so, what is the difference between your argument and basic support and resistance?
Hello: The calls I will make here are based on the chart I posted above 70% of the time. However, before I post a call, I will employ many other techniques in my arsenal. Do not pay attention to what created the call but the success of the calls as time goes on. After 20 or so calls, you can then make up your mind above whether you can learn something from me.
  • #29
  • Apr 5, 2014 3:00pm Apr 5, 2014 3:00pm
Quoting Eurusdd
{quote} The key thing to remember: the level will be revisited before the bar leaves your screen.
Sounds like a bunch of nonsense to me, but I am not here to argue your point so I will refrain from posting my true thoughts. Have you ever considered, however, that there are many variations of price action, and also the fact that each person's screen will be displaying a different number of bars per screen? So this, in fact, is not a universal concept and I hardly find it believable at all... and that is coming from a person who, I'll admit, is quite gullible.
Please check out my blog at https://from-zero-to-hero . net
  • #30
  • Apr 5, 2014 3:03pm Apr 5, 2014 3:03pm
Quoting smash1820
each person's screen will be displaying a different number of bars per screen
Quoting Eurusdd
: zoomed in like mine :
...
Even if you fall on your face, you're still moving forward.
  • #31
  • Apr 5, 2014 3:04pm Apr 5, 2014 3:04pm
Quoting smash1820
{quote} Sounds like a bunch of nonsense to me, but I am not here to argue your point so I will refrain from posting my true thoughts. Have you ever considered, however, that there are many variations of price action, and also the fact that each person's screen will be displaying a different number of bars per screen? So this, in fact, is not a universal concept and I hardly find it believable at all... and that is coming from a person who, I'll admit, is quite gullible.
let the numbers speak. whether you believe it or not is not important. never waste your time on threads like these. spend time on those that are perfect.
  • #32
  • Apr 5, 2014 3:04pm Apr 5, 2014 3:04pm
I am not here because I am looking for a new method, I have already developed a method that imho is the closest thing to the holy grail, and blows this out of the water.

I came here, in fact, to see if there was anything new that I could learn, and while I have not outright dismissed this as of yet, I am not seeing much "value added" as of right now.

It's as your slogan says, "Two options: Up or Down.... And that should be EASY"

Perhaps I will come back here in time and see how this thread has developed, but I see no "secrets" here.

Best of luck to you, though, sir!
Please check out my blog at https://from-zero-to-hero . net
  • #33
  • Apr 5, 2014 3:08pm Apr 5, 2014 3:08pm
Notice that I posted 4hr from friday 4th April to 4th feb. Success on every chart!!!
  • #34
  • Apr 5, 2014 3:10pm Apr 5, 2014 3:10pm
Quoting smash1820
I am not here because I am looking for a new method, I have already developed a method that imho is the closest thing to the holy grail, and blows this out of the water. I came here, in fact, to see if there was anything new that I could learn, and while I have not outright dismissed this as of yet, I am not seeing much "value added" as of right now. It's as your slogan says, "Two options: Up or Down.... And that should be EASY" Perhaps I will come back here in time and see how this thread has developed, but I see no "secrets" here. Best of luck...
check the meaning of SECRET: Unknown.

Meaning, what is going to really drive this thread will be unknown to you. You will only wonder more and more what is happening.
  • #35
  • Apr 5, 2014 3:11pm Apr 5, 2014 3:11pm
Quoting Robertk
{quote} As a sidenote, if you have that much control over the time factor I assume you are working with barrier options.
Time is extremely important in this business and so, yes.
  • #36
  • Apr 5, 2014 3:11pm Apr 5, 2014 3:11pm
see you guys next week. Hold your guns and watch developments. I don't want to argue. Let the numbers talk!!!
  • #37
  • Apr 5, 2014 3:21pm Apr 5, 2014 3:21pm
on daily chart!!!! LOOK how far back

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  • #38
  • Apr 5, 2014 3:21pm Apr 5, 2014 3:21pm
Quoting Eurusdd
Notice that I posted 4hr from friday 4th April to 4th feb. Success on every chart!!!
Good job. Allow me to draw a grand conclusion then: Since you insist so much that the key to this system is the 4 HOUR chart, perhaps it is because that is the time frame that most FX traders use to make their decisions? Or in otherwords, to determine what the "trend" is.

To your point, I have also observed that the 4H TF is very hard to trade against, because of all the time frames, it usually ends up being right. Notice I said usually, not always. If the 4H TF and price action is going up, then you'll almost always want to be long... again and only speaking from my personal observations of the market.

There are many types of traders in this market ranging from daytraders (like myself) to actual investors, and my guess is that it is very tough for traders to ignore the 4H time frame because it will either provide the trend direction for daytraders or the entry signal for longer-term players, and my point is that it's basically a time frame that everyone uses. That is why it's so predictable.

Ultimately I think you are still talking basic price action techniques but that is my 2 cents for now and please take it with a grain of salt because obviously there are no right or wrong answers here, as you've said yourself by the meaning of the word 'secret'.

PS: I don't want to argue either... just want to take in as much information (useful information) as I can.
Please check out my blog at https://from-zero-to-hero . net
  • #39
  • Apr 5, 2014 3:24pm Apr 5, 2014 3:24pm
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  • #40
  • Apr 5, 2014 3:30pm Apr 5, 2014 3:30pm
Quoting Magix
Knowing where it is going, is really only a part of the equation, how to profit by it getting there is the rest. {image}
I'm gonna have to agree with Magix here. Well said, my friend.
Please check out my blog at https://from-zero-to-hero . net
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