{quote} In which case you wouldn't giving away the Delicate Secret
Good luck!
{quote} Actually, I'd love to post it as I have picked up so much useful input from people on FF. But the most valuable pearls of wisdom I've had have been from eurusdd and so I feel a little torn given his instructions at the beginning of the thread. And of course mine won't give exactly the same arrows on the H4 as he showed at the beginning. Let's see how things pan out over the next few days.
Thatīs all. Good luck to all of us
{quote} Did I say it looks like what EURUSDD posted? Read my post again, " BUT IT IS QUITE SIMILAR TO OD's CHART" Compare it with the charts at POST 239
So what you said doesn't apply to what EURUSDD was sharing.. might apply to what OD made but we are all here to figure out what EURUSDD did. All I'm saying is that what you referring to by saying the following "Enjoy, if you really think this is the holy grail!!!" is unlike what EURUSDD was sharing. The "holy grail" might not be what OD has made but it certainly is convincing what EURUSDD made might fit that category. I hope I am clear now..
Everyone, one hint that EURUSDD left is this, that he does use MTF. And based on what OD said, he doesn't use MTF. What EURUSDD seems to be something simple yet complex. It might not even worth the time to pursue this. I guess its either you get it or you don't and move on. I probably spend a few more hours over the next days and see if I can crack this nut..
Focus, Patience, Determination & Order in chaos
{quote} Hi there! Please remember that I am not privy to EURUSDD's secrets!! I only know what I was able to work out for myself. So I don't know if what we are doing is the same. All I can do is test my ideas and see if they work. Thus far, I am quite encouragedIn answer to your questions: (1) I am not using MTF data. My code is taking data only from the current TF. (2)
If I had access to "future bars" I would not still be here. I would be on my yacht in the Bahamas. But.... seriously, I know what you are asking. No, I don't "peek"...
Could you please post a graph of H4 EURUSD for sometime in mid of March?
Thank you
-0
Focus, Patience, Determination & Order in chaos
- #269
- Jun 4, 2014 9:34am Jun 4, 2014 9:34am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
Here's a possible entry technique. The H1 chart shows a blue dotted line that denotes the start of a new H4 candle. The H1 candles before make up the previous H4 candle where the signal profit line occurred.
We go down to a lower time frame to identify potential entry; either trend line break or demand/supply level. This chart (CAD), shows entry off a demand level on H1 to target the H4 profit line. The trendline shows a less reliable entry technique in this case.
I think the key to trading these profit lines comes with identifying higher quality over lower quality. The larger directional sustained move before a profit line is created the better entry set up from which to profit, from a risk reward basis (that's my own bias as I am a supply and demand zone fanatic). 
We go down to a lower time frame to identify potential entry; either trend line break or demand/supply level. This chart (CAD), shows entry off a demand level on H1 to target the H4 profit line. The trendline shows a less reliable entry technique in this case.
I think the key to trading these profit lines comes with identifying higher quality over lower quality. The larger directional sustained move before a profit line is created the better entry set up from which to profit, from a risk reward basis (that's my own bias as I am a supply and demand zone fanatic).
- #270
- Edited 10:34am Jun 4, 2014 9:49am | Edited 10:34am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
{quote} Hi OD, Could you please post a graph of H4 EURUSD for sometime in mid of March? Thank you -0
{quote} Here's mine. Will be interesting to compare. Note the the swing high reversal wasn't touched until 8th May. Although I would not call that a quality reversal candle so discretion might be required (i.e plot on next candle). {image}
- #273
- Jun 4, 2014 10:52am Jun 4, 2014 10:52am
{quote} Hi OD, Could you please post a graph of H4 EURUSD for sometime in mid of March? Thank you -0
Here you go...
As a matter of fact, my thinking behind my indicator was very much along the lines PorkPie outlined in Post 227. I too am a Supply/Demand devotee.
Looking at the code posted from the TSD thread, there are obvious similarities! Perhaps they were onto this wheeze before EURUSDD
Anyway, I don't suppose there is much new under the sun. Old ideas get recycled and I am still grateful to EURUSDD for bringing it to my attention.
Best regards,
Old Dog
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- #277
- Jun 4, 2014 11:12am Jun 4, 2014 11:12am
{quote} Hello all, Here you go... As a matter of fact, my thinking behind my indicator was very much along the lines PorkPie outlined in Post 227. I too am a Supply/Demand devotee. Looking at the code posted from the TSD thread, there are obvious similarities! Perhaps they were onto this wheeze before EURUSDD
This would make sense to only focus on those targets at the extremes as everything in between is really noise and targets in the middle will get taken out in the swings between high and low points.
An expert is a man who has made all the mistakes which can be made
- #279
- Jun 4, 2014 11:21am Jun 4, 2014 11:21am
{quote} I am sure you are right. So I suppose we can conclude that we can take the highest timeframe for a signal to deduce when it will have to be revisited e.g. if a signal appears on a H4, H1 and M30, we have until the H4 bar disappears before it must be revisited.
Well.... I hear this argument.
I can fully appreciate why price might revisit these levels eventually due to the sound supply/demand arguments so clearly explained by PorkPie.
But for the life of me I can't see why they must revisit the levels within the timescale of one screen -- especially since you can squash up the bars and effectively "make some more time".
Any ideas why this should be so (aside from EURUSDD's assurance that it is...)
Best regards
Old Dog
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