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A delicate secret

  • #621
  • Edited 4:12pm Jul 2, 2014 3:48pm | Edited 4:12pm
Hi Guys,

Firstly, my gratitude to all the contributors thus far, but special thanks to Crodzilla/Tomcat/MLaden for their indicator.
After reading the thread and currently re-reading it, something occurred to me in swapping between timeframes.
I was comparing its projections against the Similarity Principle that Eurusdd had originally provided templates for.

Anyways, on EURUSD and GBPUSD I noticed that the Crodzilla v7 indicator tended to create lines that was inverse to the trend. The stronger the trend, the more lines appear in lower timeframes.

Let's look at EURUSD:
Monthly: 0 above, 4 below
Weekly: 1 above, 7 below
Daily: 8 above, 16 below
4H: 10 above, 42 below
1H: 10 above, 20 below
30M: 9 above, 19 below
15M: 4 above, 38 below
5M: 16 above, 44 below
This was taken at 9:30pm GMT (daylight saving).

Monthly, it's arguable that the trend is sideways and the current leg is up. Using a Similarity bollinger concept, price has pierced the upper channel and could therefore be a top. The Delicate Levels are therefore logically below current price.

Weekly, from the recent high (1.39927) to last swing low (1.20418) there are 7 Delicate Levels. If the recent swing top confirms 1.39927, then there are 7 Delicate Levels below that would attract price towards them.

Daily, there are 2 Delicate Levels (Top = 1.39920 and Bottom = 1.35114). Current price (1.36575) is more than likely headed towards the bottom Delicate Level.

If I the go from 5M upwards, I notice that it is not until 30M that I get 9 Green Top Delicate Levels most of them originating in the Last Two Days only. It's as if the Top Levels appear as a marker that price is swinging DOWN and therefore creating higher levels to return to but from the bottom.

My thinking therefore, is that Delicate Levels need to be reviewed across all timeframes at once to see how the clusters are developing.
If they are Green (Top) and price is below the levels, then PRICE WILL CONTINUE TO GO DOWN until a sufficient set of Green Delicate Levels begins to attract price.
If they are Red (Bottom) and price is above the levels, then PRICE WILL CONTINUE TO GO UP until a sufficient set of Red Delicate Levels begins to attract price.

This way, you get the rubber-band oscillation effect that I think Eurusdd is trying to get at.

Just my 2 cents. Would be interested to know people's views if my thoughts are valid.

Many thanks!

EDIT:
I've just realised that I had the setting, ShowHistory set to FALSE.
Setting it back to True displays all the levels that had been reached. I shall study this further as on first impressions, I don't think it changes the above analysis.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD-5M.png Size: 75 KB
Click to Enlarge Name: EURUSD-15M.png Size: 63 KB
Click to Enlarge Name: EURUSD-30M.png Size: 77 KB
Click to Enlarge Name: EURUSD-1H.png Size: 70 KB
A pip is only worth it if you know how much you risked to earn it
  • #622
  • Jul 3, 2014 8:07pm Jul 3, 2014 8:07pm
Quoting vlady1974
Hi Guys, Firstly, my gratitude to all the contributors thus far, but special thanks to Crodzilla/Tomcat/MLaden for their indicator. After reading the thread and currently re-reading it, something occurred to me in swapping between timeframes. I was comparing its projections against the Similarity Principle that Eurusdd had originally provided templates for. Anyways, on EURUSD and GBPUSD I noticed that the Crodzilla v7 indicator tended to create lines that was inverse to the trend. The stronger the trend, the more lines appear in lower timeframes....

Great vlady1974,

I have 2 signals :

a) @1.3650
b) @1.3619

Still waiting , when it will goes up to touch that level .....
Attached Image
  • #623
  • Jul 4, 2014 3:00am Jul 4, 2014 3:00am
Quoting elen21168
{quote} Great vlady1974, I have 2 signals : a) @1.3650 b) @1.3619 Still waiting , when it will goes up to touch that level ..... {image}
I think it would be better to start from higher timeframe, say 1H to analyse the minute chart.In addition, volatility will be low today. 3619 could be hit but I've moved my sell stop to 12.Based on my theory, the fact that 2 top lines have appeared means price will move down first.
A pip is only worth it if you know how much you risked to earn it
  • #624
  • Jul 4, 2014 3:01am Jul 4, 2014 3:01am
Quoting grin
{quote} We have been missing you.
It's good to be back.
A pip is only worth it if you know how much you risked to earn it
  • #625
  • Jul 4, 2014 6:28am Jul 4, 2014 6:28am
I have for the most part stopped posting on any trading forums, but still follow along on the ones I am interested in & this is one of those along with Similarity System by EURUSDD. Although not easy to interpet all of EURUSDD post I think he is sharing some valuable information once you are able to understand what he is sharing. Vlady1974 I agree with your post #621. It is very helpful the way you have broken down what you are sharing in this post. Thank you for sharing & it is good to see you posting.


After following along with the material that EURUSDD shared in this thread I have decided to keep my attention focused on the Similarity System. My reason for this is the simplicity of the Similarity System & the fact that it works for me. My main focus is trading using supply & demand zones, but I have added the Similarity System & trade it on a live mini account & take about 2 or 3 trade a week on EUR/USD & AUD/USD pairs.

I want to say thank you to all that are sharing on this thread & the Similarity System thread & I wish you all the best of trades. The bottom line is find what works for you & trade it to the best of your ability.

Thank you EURUSDD for sharing your trading wisdom with the members of this forum. The best of trades to you in the future my friend.

__________________________________

"It Is Better To Light A Candle Than To Curse The Darkness"
  • #626
  • Jul 4, 2014 9:00am Jul 4, 2014 9:00am
I'm afraid that most people are off by a long shot compared to what EURUSDD had. I spent about a month trying to figure this out and I can tell you that this indicator is nothing like the price action or based on semaphores or something along the lines of that. If you trade this way and think that these are targets, be VERY careful. There are plenty of these from the past that simply doesn't get reached within a few days. Some lasting months and years. By that time these targets are reached, your account would be margin called. However, there IS a secret that EURUSDD posted. You will find that only by studying candles really well and applying simple math to make something complicated. It's not what your eyes see, its whats hidden underneath it all. What moves the market.

Please take this as my warning. It scares me when people are making trades with some of the new indicators that surfaced on this thread. Please be Very careful. They could work if you already have a good system but don't use any of these new indicators as if they are the holy grail EURUSDD had.

Keep on searching. If you are new to Forex, this secret won't be revealed to you instantly. This is what I understood from this thread so keep this in mind.. keep in mind that there are certain conditions where it creates an imbalance or something of the price, and then these becomes targets later to be reached because of it. In time, with enough experience, answer will come to you.

And finally.. I'm not claiming to hold this secret, so please don't PM me asking for some indicator. All I'm sharing is on this post.

And think about it, EURUSDD made a very good point. If anyone does discover this "secret", then most likely they wouldn't post it or share it with anyone. So it's something that you have to discover for yourself through hard work and determination. If you do discover this secret, I think it's best for it to be kept for yourself because it will be your edge. If you make it public, then with enough time, it will stop working.. now wouldn't it? That's what EURUSDD was afraid of.

Good luck!
Focus, Patience, Determination & Order in chaos
  • #627
  • Jul 4, 2014 9:14am Jul 4, 2014 9:14am
Quoting saver0
It scares me when people are making trades with some of the new indicators that surfaced on this thread. Please be Very careful.
I think that anyone who has invested considerable time with the ideas presented by Eurusdd will quickly realise there is no Holy Grail. I don't believe he has ever mentioned that, or made the claim. I do see however that the language in his post is vague (deliberately or not) and can confuse people especially those where English is not their first language.

Having said that, I believe the contributors in this thread are the real reason he creates them. I reviewed The Similarity System thread a couple of nights ago and he specifically says that he wants to see people's ideas so he can also learn from them.

So in fact, whilst you my think the we are way off from Eurusdd, and you will be perfectly right because we are NOT him and don't know what he knows, the ideas we have generated have been quite promising and even tradeable:

  1. CCI Method
  2. ZZ BB Method
  3. DNA in Price Method
  4. Delicate Levels Method

The above broadly describes the main areas he has created topics for. They all overlap and they all follow the concept that if price is representative of multiple measures that should mean the same thing, then when all measures are overlapped the slightest deviations should be the trigger that a move is going to occur (ie. move will start or move will end). That is the secret... and could be / can be applied to any trading method.

A pip is only worth it if you know how much you risked to earn it
  • #628
  • Jul 4, 2014 9:37am Jul 4, 2014 9:37am
I have no reason to argue with anyone. I simply made the post because I have made some discoveries and wanted to offer a warning. Not everyone who read this thread are professionals or even close to it. Some poor guy/gal could lose a lot of money by using some of these indicators. Out of kindness I made my above post.

Just to give you an idea, I created at least 30+ different variations of the "delicate secret" indicators. I'm speaking from experiance. Some are pretty advance analyzing multiple time frames and candles. I chose not to make them public because they were all very misleading. Some were very good, but not perfect. EURUSDD's was perfect. Even though he didn't claim it to be the holy grail, I'm putting the label on it because if that's not the holy grail, I don't know what it is (obviously, there are many other types of holy grail. Holy grail can be a system or an indicator or whatever). Take a look at the following screenshot that I posted:
http://www.forexfactory.com/showthread.php?p=7511155#post7511155
All the EURUSDD screenshots stitched together. There were not even a single candle where the price didn't reach to within about 40 candles.

I have made other discoveries from the journey that began from this thread. This thread will open a whole new journey in your understanding about price and the market movements. And it's unlike any of the simple indicators shared all over the internet. You will have to connect many dots and actually have a good understanding and experience to get it.

By the way, if you read my previous post carefully again, I actually left a BIG piece of breadcrumb just follow the trail of breadcrumbs left all over the internet by those of who discovered this type of "holy grail".

You are on to a good start vlady1974

Good luck to everybody!
Focus, Patience, Determination & Order in chaos
  • #629
  • Jul 4, 2014 10:43am Jul 4, 2014 10:43am
Quoting saver0
I actually left a BIG piece of breadcrumb just follow the trail of breadcrumbs left all over the internet by those of who discovered this type of "holy grail". You are on to a good start vlady1974 Good luck to everybody!
TEASER!!

Awesome post mate. Yes, I agree it's in the Candles. Which is interesting in itself as candles are not "price" but discrete values at a point in time... so is lagging just as any other indicator. Will take a look at it more this weekend, for sure!
A pip is only worth it if you know how much you risked to earn it
  • #630
  • Jul 4, 2014 10:52am Jul 4, 2014 10:52am
Quoting saver0
I'm afraid that most people are off by a long shot compared to what EURUSDD had. I spent about a month trying to figure this out and I can tell you that this indicator is nothing like the price action or based on semaphores or something along the lines of that. If you trade this way and think that these are targets, be VERY careful. There are plenty of these from the past that simply doesn't get reached within a few days. Some lasting months and years. By that time these targets are reached, your account would be margin called. However, there IS...
Hi Saver0,

Thank you for the warning. You are totally right. We may not trade based on luck .... some times the price will not go back to the line for some months ...
So it is very dangerous for the beginner like me ....
I believe that Eurusdd has a perfect weapon ... and i thank him very much for his generosity sharing his idea with us .....
I hope all of us can explore his ideas and make our own system some day, based on his guides on all of his threads .... and keep it for our selves ..
  • #631
  • Jul 4, 2014 10:55am Jul 4, 2014 10:55am
Quoting vlady1974
{quote} I think it would be better to start from higher timeframe, say 1H to analyse the minute chart.In addition, volatility will be low today. 3619 could be hit but I've moved my sell stop to 12.Based on my theory, the fact that 2 top lines have appeared means price will move down first.
Hi Vlady1974,

Thank you very much .... i will try from bigger time frame ....
  • #632
  • Jul 4, 2014 11:23am Jul 4, 2014 11:23am
From the first page..."When an orange arrow appears on a bar, up/down : usually price will work it way back to hit a level above/below the high/low of the bar."
This is not always the case. Sometimes it's the yellow bar.

However, I have noticed a pattern. And it does actually validate what I mentioned in my first post.
The flaw however, is the criteria "we" use to identify the "orange" or the anchor bar to kick start the analysis.

EDIT:
Or do you reset at the start of the new day with the first bar?
A pip is only worth it if you know how much you risked to earn it
  • #633
  • Jul 4, 2014 12:06pm Jul 4, 2014 12:06pm
Okay, there are some hours left but I am putting forward that 1.36108 is a target return point based on the 1H.
That's a 24 hour limit and since 17 bars have printed it will be interesting to verify - or not.

Everyone have a great weekend
A pip is only worth it if you know how much you risked to earn it
  • #634
  • Jul 5, 2014 12:14pm Jul 5, 2014 12:14pm
Quoting saver0
I'm afraid that most people are off by a long shot compared to what EURUSDD had. I spent about a month trying to figure this out and I can tell you that this indicator is nothing like the price action or based on semaphores or something along the lines of that. If you trade this way and think that these are targets, be VERY careful. There are plenty of these from the past that simply doesn't get reached within a few days. Some lasting months and years. By that time these targets are reached, your account would be margin called. However, there IS...
Oh c'mon, I love and hate posts like this, feel free to share any other hints
  • #635
  • Jul 5, 2014 6:18pm Jul 5, 2014 6:18pm
I think your all chasing a pipe dream here, there is only one way to trade and that's into the weekly trend, he's playing with you all, there is no special patterns, your all wasting your time looking for one.

Best of luck anyway
Asw
  • #636
  • Jul 5, 2014 6:24pm Jul 5, 2014 6:24pm
Quoting Asw
I think your all chasing a pipe dream here, there is only one way to trade and that's into the weekly trend, he's playing with you all, there is no special patterns, your all wasting your time looking for one. Best of luck anyway Asw
Except the weekly trend.
Good luck
A pip is only worth it if you know how much you risked to earn it
  • #637
  • Jul 6, 2014 8:50am Jul 6, 2014 8:50am
SavorO......yours post are spot on.
  • #638
  • Jul 7, 2014 4:21am Jul 7, 2014 4:21am
I want to thank SaverO, RobertK, BullDog and Hepsibah!
I think I've found what you were all saying.
Using it right now.
A pip is only worth it if you know how much you risked to earn it
  • #639
  • Jul 7, 2014 10:37am Jul 7, 2014 10:37am
Quoting hepsibah
{quote} Ah, you have a good point! Ok ppl, play around with a Donchian channel (using the close rather than the high/low) where you have an up bar that breaks the lower channel and a down bar that breaks the upper channel. I can't pretend to know the optimum settings, I'm still experimenting. Good luck!
Hepsibah, where could I find or how could I modify a Donchian channel to use the close?
  • #640
  • Jul 7, 2014 10:44am Jul 7, 2014 10:44am
Quoting drloyd
{quote} Hepsibah, where could I find or how could I modify a Donchian channel to use the close?
You can test the concept without having to use the Close.
Use the basic strategy (found readily on the internet) to test against HI/LO just to get a feel for how it all works together (currently how I am implementing/testing)
A pip is only worth it if you know how much you risked to earn it
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