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  • #49,121
  • Edited 1:03pm Jul 30, 2014 12:36pm | Edited 1:03pm
Maybe someone can help me better understand rescue + martingale + fib progression

fti says if you use 1,2,3 progression then rescue is 18, 50 , 150 - I do not understand how 18, 50, 150 is calculated?
check out the terrain - follow never lead
  • #49,122
  • Jul 30, 2014 2:18pm Jul 30, 2014 2:18pm
On what page is that...as I understood you would use the fibonacci progression in adding to a winning position....I am using 0.5, 0.5, 1 for my capital...don't over leverage yourself.....

In rescue as I understood try to calculate at what price (it doesn't have to an exact price, but you better be close ) the PA would make a small pause and then calculate a 5 pip pullback in your favour and how much lots would you need for that pullback to make it successful....
  • #49,123
  • Jul 30, 2014 3:02pm Jul 30, 2014 3:02pm
Quoting alexandria
Maybe someone can help me better understand rescue + martingale + fib progression fti says if you use 1,2,3 progression then rescue is 18, 50 , 150 - I do not understand how 18, 50, 150 is calculated?

hi alexandria

AOW.

7. There are not more than five musical notes, yet the combinations of these
five give rise to more melodies than can ever be heard.
8. There are not more than five primary colors (blue, yellow, red, white, and
black), yet in combination they produce more hues than can ever been
seen.
9. There are not more than five cardinal tastes (sour, acrid, salt, sweet, bitter),
yet combinations of them yield more flavors than can ever be tasted.
10. In battle, there are not more than two methods of attack–the direct and
the indirect; yet these two in combination give rise to an endless series of
maneuvers.
---------------------------------------------------------------------------------------------
MM + spirals...

http://www.forexfactory.com/showthre...81#post6897181

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #49,124
  • Jul 30, 2014 3:19pm Jul 30, 2014 3:19pm
perfect....

V
  • #49,125
  • Jul 30, 2014 6:24pm Jul 30, 2014 6:24pm
Quoting merquise
On what page is that...as I understood you would use the fibonacci progression in adding to a winning position....I am using 0.5, 0.5, 1 for my capital...don't over leverage yourself..... In rescue as I understood try to calculate at what price (it doesn't have to an exact price, but you better be close ) the PA would make a small pause and then calculate a 5 pip pullback in your favour and how much lots would you need for that pullback to make it successful....
5 pip pull back? Where u learn that from? So rigid? Who taught you that? Don't say fti taught you that.
THE ALL is MIND; The Universe is Mental
  • #49,126
  • Jul 30, 2014 7:14pm Jul 30, 2014 7:14pm
Quoting phil13
{quote} hi alexandria AOW. 7. There are not more than five musical notes, yet the combinations of these five give rise to more melodies than can ever be heard. 8. There are not more than five primary colors (blue, yellow, red, white, and black), yet in combination they produce more hues than can ever been seen. 9. There are not more than five cardinal tastes (sour, acrid, salt, sweet, bitter), yet combinations of them yield more flavors than can ever be tasted. 10. In battle, there are not more than two methods of attack–the direct and the indirect;...
Hi Phil, good to see you here, how are you?

hi Alex, would like to add on, study the wilder's table. If u do a modeling of the rescue mathematics from scratch. You should come back to te same thing
THE ALL is MIND; The Universe is Mental
  • #49,127
  • Edited 8:48pm Jul 30, 2014 7:56pm | Edited 8:48pm
Quoting alexandria
Maybe someone can help me better understand rescue + martingale + fib progression fti says if you use 1,2,3 progression then rescue is 18, 50 , 150 - I do not understand how 18, 50, 150 is calculated?
Here's the calculation- fti's age(bank exp-1)/2= his chosen fib progression for rescues; for attack flip the equation to be the polar opposite.
Eh, fti doesn't calculate much except risk, so he just moves along with PA. His intuition is prime.
he can go wherever he'd like; shoot a 1, mistimes move maybe shoot a 3 , 2, 5, 20 depending on what he sees in PA. Be comfortable with what you choose to manage.The main thing throughout this thread is not to be rigid, and ya'll are asking fti for his skew's format reasoning, as if he had an excel spread sheet opened up with a magic formula while he trades hahahaha What happens if PA moves 1,000 pips against your 1(suppose rescue is rigidly set '1,2,3' ), are you going to use a 2 for order's sake to rescue in the abnormal scenario? How many pips do you guys think it'll take to B/E? P/A moves so damn fast, it renders math useless(at least for my brain)You guys ever try to calculate a wave while surfing? Most of my surfer friends, they suck so bad at math, but can manage to go with the flow. Waves are shapeless. Only leaves room for intuition and the ability to adapt instantaneously-- and that only comes from experience. If you guys want to be remotely close to fti's level leave the calculators somewhere away from you, very far away.

Cheers,
  • #49,128
  • Edited 9:25pm Jul 30, 2014 9:09pm | Edited 9:25pm
Quoting Jacque
{quote} 5 pip pull back? Where u learn that from? So rigid? Who taught you that? Don't say fti taught you that.
I use that 5 pip pullback system.don'tchu worry about what Jacque says. He's dumb as hell & mad at the fact fti didn't love him enough to exclusively pm him about such a system.Actually main driving component to all my trades.
Attached Image
  • #49,129
  • Jul 30, 2014 11:15pm Jul 30, 2014 11:15pm
Quoting Swis
{quote} I use that 5 pip pullback system.don'tchu worry about what Jacque says. He's dumb as hell & mad at the fact fti didn't love him enough to exclusively pm him about such a system.Actually main driving component to all my trades. {image}
Lol
THE ALL is MIND; The Universe is Mental
  • #49,130
  • Jul 31, 2014 2:23am Jul 31, 2014 2:23am
Quoting Jacque
{quote} Hi Phil, good to see you here, how are you? hi Alex, would like to add on, study the wilder's table. If u do a modeling of the rescue mathematics from scratch. You should come back to te same thing

Hi Jacque

i am ok thanks, just trying to push ahead doing what i can. hope things are well with you my friend.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #49,131
  • Jul 31, 2014 2:36am Jul 31, 2014 2:36am
be pure like water bro!!!!
don't predict direction, but dance with flow of water
  • #49,132
  • Jul 31, 2014 2:42am Jul 31, 2014 2:42am
Quoting Jacque
{quote} Hi Phil, good to see you here, how are you? hi Alex, would like to add on, study the wilder's table. If u do a modeling of the rescue mathematics from scratch. You should come back to te same thing
I do understand the table (all in %) - and I am not gonna be rigid in rescue when I practise it as that will help me better understand what is required.

I just did not understand fti's 123 progression application re rescue - I understand martingale approach easier.
check out the terrain - follow never lead
  • #49,133
  • Jul 31, 2014 2:54am Jul 31, 2014 2:54am
Quoting merquise
On what page is that...as I understood you would use the fibonacci progression in adding to a winning position....I am using 0.5, 0.5, 1 for my capital...don't over leverage yourself..... In rescue as I understood try to calculate at what price (it doesn't have to an exact price, but you better be close ) the PA would make a small pause and then calculate a 5 pip pullback in your favour and how much lots would you need for that pullback to make it successful....
sorry: pg 86

I was just trying to understand what was written...... and did not get that one - got prior based on martingale

I was working on 5-8 pip range that Leigh mentioned....

Not sure how you know where it will PB in reality as price can do what it wants: I am guessing

swings

sweep zones

after big moves

supp/res areas

candle patterns
check out the terrain - follow never lead
  • #49,134
  • Jul 31, 2014 3:00am Jul 31, 2014 3:00am
Quoting Swis
{quote} Here's the calculation- fti's age(bank exp-1)/2= his chosen fib progression for rescues; for attack flip the equation to be the polar opposite. Eh, fti doesn't calculate much except risk, so he just moves along with PA. His intuition is prime. he can go wherever he'd like; shoot a 1, mistimes move maybe shoot a 3 , 2, 5, 20 depending on what he sees in PA. Be comfortable with what you choose to manage.The main thing throughout this thread is not to be rigid, and ya'll are asking fti for his skew's format reasoning, as if he had an excel...

yeh - I have seen lots of talk of spreadsheets but I did not think that was necessary - got bit worried about those and who would have the time...and spread comes into it - I thought rescue would be better to man manage anyway cannot see how else in short time scope

I was just trying to understand what fti posted... Please do not assume we are being rigid when asking questions. But it is good that you keep reminding me - keep me building good foundation.
check out the terrain - follow never lead
  • #49,135
  • Jul 31, 2014 5:07am Jul 31, 2014 5:07am
Does anyone have "fti's single bar example" mentioned in post 1973? I do not know what this is and cannot find it.
check out the terrain - follow never lead
  • #49,136
  • Edited 6:56am Jul 31, 2014 6:40am | Edited 6:56am
Quoting alexandria
{quote} I do understand the table (all in %) - and I am not gonna be rigid in rescue when I practise it as that will help me better understand what is required. I just did not understand fti's 123 progression application re rescue - I understand martingale approach easier.
exposed base = 1+2+3=6
6 in trouble first send 18, then follwed by 50 then 150
this rescue in on pi progression

to be frank with you, this portion that you are bring up, i am also slightly confused as an attack should be at least reverse fibo
so i am not sure wheather the 1,2,3 mentioned is an attack or not. and since jest did bring up 1,2,3 as an attack, i suspect that fti's reply is in response to that kind of attack which is not recommended.

but in any case, understand the qualitative concept first and test it out on the mkt, you should be able to find what works for you.
THE ALL is MIND; The Universe is Mental
  • #49,137
  • Jul 31, 2014 6:45am Jul 31, 2014 6:45am
Quoting alexandria
Does anyone have "fti's single bar example" mentioned in post 1973? I do not know what this is and cannot find it.
not sure what that is, spend more time on the wilder's table. try to model the rescue mathematics from scratch assuming you have no knowledge of the wilder's table, it may help you understand clearer. and like what swis has mentioned, eventually when one is on live money in the market, one has no time to calculate the maths. the table and modelling is to help you understand ballpark numbers and the concept so that you may act quickly and confidently. and like what fti has mentioned, all you need is to sight the range and you will be able to come up with the estimate within small margin of error.
THE ALL is MIND; The Universe is Mental
  • #49,138
  • Jul 31, 2014 6:48am Jul 31, 2014 6:48am
Quoting phil13
{quote} Hi Jacque i am ok thanks, just trying to push ahead doing what i can. hope things are well with you my friend. regards Phil.
i am good too currently working on a new endeavor and hopefully it converges to fx trading at the end else i will have to look for alternatives to lead me there
THE ALL is MIND; The Universe is Mental
  • #49,139
  • Jul 31, 2014 8:18am Jul 31, 2014 8:18am
Quoting Jacque
{quote} not sure what that is, spend more time on the wilder's table. try to model the rescue mathematics from scratch assuming you have no knowledge of the wilder's table, it may help you understand clearer. and like what swis has mentioned, eventually when one is on live money in the market, one has no time to calculate the maths. the table and modelling is to help you understand ballpark numbers and the concept so that you may act quickly and confidently. and like what fti has mentioned, all you need is to sight the range and you will be able...

yeh I get all that... thanks anyway
check out the terrain - follow never lead
  • #49,140
  • Jul 31, 2014 8:19am Jul 31, 2014 8:19am
Quoting alexandria
{quote} sorry: pg 86 I was just trying to understand what was written...... and did not get that one - got prior based on martingale I was working on 5-8 pip range that Leigh mentioned.... Not sure how you know where it will PB in reality as price can do what it wants: I am guessing swings sweep zones after big moves supp/res areas candle patterns
5-8 pip range? oh, you guise talking about the 5 pip pullback system? Finally at my level I see... just jesting:
I thought fti mentioned the usual range of his trades were 3-7 candles. That's roughly the same # in the scenarios I get in my trades, if they're any good that is. Please don't be rigid and count 3-7 candles to make plays. PA shapes up differently, so watch it. Just keep playing with the market, & you'll eventually be guided to think when to make plays & when to sit out unless you use kamikaze scouts(gamble). Fti mentions it all over the thread and gets into detail with the patterns and the battlefield terrain. I'm pretty sure a 5 pip range constitutes 'adding to a losing position'(more spread, & chance of being caught in an unstoppable current still), but I have 0 experience with TFs that are not the 5min one, so don't take my word for it.
Don't get confused with the noise of the market, it is actually a lot more linear--to the brain-- than one would initially think. But you'll get to that point of realization hopefully.



Here's the mention, couldn't find fti's exact post to the 3-7 candle thing
http://www.forexfactory.com/showthre...es#post1959780
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