No Expert, but I can tell direction of a pair on any given day | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

VennD - Any Pairs - Any Style - Any Time 741 replies

"The Pip Nailer". Any time frame, any pair 1,205 replies

can any one code this expert (for opening trades) please? 3 replies

Looking for an EA/indicator that will tell me how may lots I have opened of each pair 0 replies

How Do You Measure Volatility For Any Currency Pair? Is there Any Website/Indicator? 1 reply

Attachments: No Expert, but I can tell direction of a pair on any given day
Exit Attachments

No Expert, but I can tell direction of a pair on any given day

  • #1
  • First Post: Jul 15, 2014 6:57pm Jul 15, 2014 6:57pm
Just as you have read I'm no expert so whatever is written here is mostly very basic or very BS lol ...

Anyway let's get to the point I'm testing a mathematical trading strategy I invented lol on binary options ...
Let's cut to the cake ... Put the UsdJpy for today with the expiry by the end of the day ... later homies
So sorry for always replying late! But I got 2 Jobs!!
  • #2
  • Jul 15, 2014 8:36pm Jul 15, 2014 8:36pm
Not a bad choice at all. I am curious, what made you pick that Exact pair?, I had that exact pair in mind to go short on but waiting for some movements, unless it moves that way I like I don't get in. That's the thing I don't like about options, you can't change your mind it's too all or nothing for me. Anyway, Hope it works out for you.
Being a trader is lonely, but being a great trader is lonelier still
  • #3
  • Jul 15, 2014 9:24pm Jul 15, 2014 9:24pm
Quoting saneblane
Not a bad choice at all. I am curious, what made you pick that Exact pair?, I had that exact pair in mind to go short on but waiting for some movements, unless it moves that way I like I don't get in. That's the thing I don't like about options, you can't change your mind it's too all or nothing for me. Anyway, Hope it works out for you.
I just have this feeling that the price is going to bounce down from the resistance@ 101.8 with at least a daily candle which is enough for me to be profitable with the position besides that the pair has been moving side ways in a tunnel for a couple of days now so I don't expect any sudden movement except with a breakout which is not excepted at least until the weekend time you know.
So sorry for always replying late! But I got 2 Jobs!!
  • #4
  • Jul 15, 2014 9:38pm Jul 15, 2014 9:38pm
A feeling huh. Well nothing wrong with that. I just got interested when you said mathematical formula, because My math told me the kind of resistance that is above there so I thought you had something along those lines. Anyway, good luck.
Being a trader is lonely, but being a great trader is lonelier still
  • #5
  • Jul 15, 2014 10:14pm Jul 15, 2014 10:14pm
Quoting saneblane
A feeling huh. Well nothing wrong with that. I just got interested when you said mathematical formula, because My math told me the kind of resistance that is above there so I thought you had something along those lines. Anyway, good luck.
The resistance is mathematically calculated besides I check on the trade at some point during the day and depending on the formula I decide whether to continue or sell the position
So sorry for always replying late! But I got 2 Jobs!!
  • #6
  • Jul 16, 2014 6:16pm Jul 16, 2014 6:16pm
Quoting Muhammad Ezz
{quote} I just have this feeling that the price is going to bounce down from the resistance@ 101.8 with at least a daily candle which is enough for me to be profitable with the position besides that the pair has been moving side ways in a tunnel for a couple of days now so I don't expect any sudden movement except with a breakout which is not excepted at least until the weekend time you know.
As expected the price went down with a bearish candle and the put was a winner .. I'm a little bit late for today's candle opening but gonna go hunt for a chance anyways lol
So sorry for always replying late! But I got 2 Jobs!!
  • #7
  • Jul 16, 2014 6:34pm Jul 16, 2014 6:34pm
today's position ... Call on UsdJpy with an expiry date by the end of the day ... C ya Home boys
So sorry for always replying late! But I got 2 Jobs!!
  • #8
  • Edited 6:54pm Jul 16, 2014 6:51pm | Edited 6:54pm
Quoting Muhammad Ezz
today's position ... Call on UsdJpy with an expiry date by the end of the day ... C ya Home boys
Hi Muhammad,

So how does your formula work?

Do you do something like add up the previous day's High/Low or Open/Close and divide that number by 2 or something like that?

This is something that I thought about a few weeks ago but just never got any results with predicting the current day's Daily candle. But this is very interesting though and I will try to figure out a few math tricks of my own and see what happens!

Good luck
It's time we stop entertaining ourselves and start realizing ourselves!
  • #9
  • Jul 16, 2014 7:12pm Jul 16, 2014 7:12pm
Quoting moneyflow21
{quote} Hi Muhammad, So how does your formula work? Do you do something like add up the previous day's High/Low or Open/Close and divide that number by 2 or something like that? This is something that I thought about a few weeks ago but just never got any results with predicting the current day's Daily candle. But this is very interesting though and I will try to figure out a few math tricks of my own and see what happens! Good luck
Hey brah
Actually it's still in the testing mood and what you're talking about sounds like calculating the pivot points to me ( forgive me if I'm wrong, I never been good at math during school days ) ... Anyway I'm doing a formula plus looking at the support and resistance lines via the classical technical analysis and if they match then Walla! I do enter at the nearest point that matches ... e.g. if it's close to a resistance I put and if it's close to a support I'm calling ... Of course when it's proven to work I'll share it here bro
So sorry for always replying late! But I got 2 Jobs!!
  • #10
  • Jul 16, 2014 8:10pm Jul 16, 2014 8:10pm
"No Expert,But I can tell the direction of a pair at any given day."

Hahaha that has to be the funniest line ever. If you're not an expert and you can do that, then that is something else. Anyway seems you're system seems like it is fairly new so you might be in the excitement mode. test it out and iron out all the kinks.

And don't rename the thread tomorrow, if you rename the thread everytime your trade is successful or not then it would be very confusing.
Being a trader is lonely, but being a great trader is lonelier still
  • #11
  • Jul 16, 2014 8:23pm Jul 16, 2014 8:23pm
Quoting saneblane
"No Expert,But I can tell the direction of a pair at any given day." Hahaha that has to be the funniest line ever. If you're not an expert and you can do that, then that is something else. Anyway seems you're system seems like it is fairly new so you might be in the excitement mode. test it out and iron out all the kinks. And don't rename the thread tomorrow, if you rename the thread everytime your trade is successful or not then it would be very confusing.
I find it quite funny,too lmao ... & I didn't rename it because of that brah ... I just tried to make the name more catchy for the eyes ... btw I know the excitement mode and nope it's not it man
So sorry for always replying late! But I got 2 Jobs!!
  • #12
  • Jul 16, 2014 8:44pm Jul 16, 2014 8:44pm
Let me guess, long USD/JPY ?
  • #13
  • Jul 16, 2014 8:50pm Jul 16, 2014 8:50pm
Quoting hippoownyou
Let me guess, long USD/JPY ?
Omg you're right lol
So sorry for always replying late! But I got 2 Jobs!!
  • #14
  • Jul 17, 2014 8:37pm Jul 17, 2014 8:37pm
Sorry for being late tonight. Anyway today is a call on usdjpy. Later homies
So sorry for always replying late! But I got 2 Jobs!!
  • #15
  • Jul 18, 2014 6:24am Jul 18, 2014 6:24am
Quoting Muhammad Ezz
Sorry for being late tonight. Anyway today is a call on usdjpy. Later homies
Hi nice thread Just wondering if its possible to imitate puts/calls on my regular forex broker?

BTW if you are able to predict directions then you ARE an expert
  • #16
  • Jul 18, 2014 7:11am Jul 18, 2014 7:11am
Quoting shiva
{quote} Hi nice thread Just wondering if its possible to imitate puts/calls on my regular forex broker? BTW if you are able to predict directions then you ARE an expert
Thanks Brah! .... I'm pretty sure you know this is not possible lol ... And nope I'm no expert because it's not my main field of work, I'm just a medicine expert. This market is your playground FF experts. I'm just a guest
So sorry for always replying late! But I got 2 Jobs!!
  • #17
  • Jul 18, 2014 3:07pm Jul 18, 2014 3:07pm
Quoting Muhammad Ezz
Sorry for being late tonight. Anyway today is a call on usdjpy. Later homies
The beautiful thing about today's position wasn't just finishing in the money, Nope, that's easy , The thing is that the price didn't move down even for one pip across the whole day ... Seems like the mathematical S&R lines have a lot of respect from the market lmao
Attached Image (click to enlarge)
Click to Enlarge Name: closed.png Size: 89 KB
So sorry for always replying late! But I got 2 Jobs!!
  • #18
  • Edited 11:33pm Jul 19, 2014 9:49pm | Edited 11:33pm
Stay tuned for the market opening
So sorry for always replying late! But I got 2 Jobs!!
  • #19
  • Jul 20, 2014 2:54pm Jul 20, 2014 2:54pm
It's almost 2 hours left for the market opening time ... I'm looking at the daily and weekly charts, it seems like the USD/JPY is still our betting horse for at least the next week as it's still.moving in a sidelines pattern with a relatively low volatility. I'm setting a Call on it by the market opening time with our usual expiry time by the end of the day. I'll be back to confirm the position a couple of minutes before the market opening time. Ciao
So sorry for always replying late! But I got 2 Jobs!!
  • #20
  • Jul 20, 2014 5:04pm Jul 20, 2014 5:04pm
Call USD/JPY
So sorry for always replying late! But I got 2 Jobs!!
0 traders viewing now