- #8,844
- Sep 21, 2014 3:36pm Sep 21, 2014 3:36pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
its a demo account , i was supposed to use it for daytrading. But i decided to use it to practice scalp trading like eurusdd, ellen,fxjay neio. it was at -4% no big deal. then i couldnt cope with managing my live account with dukascopy and tradeexplore. asforexfactory does tradeexplore for only mt4 brokers. Dukascopy is not an mt4 broker
since i my platform is jforex and not mt4 i tot it unwise to continue using mt4 for demo. i opened a demo account on dukascopy, continued practising . anddeleted the TE, this method of trading needs quick fingers, so i better practise on jforex so i can manage live trades within 10seconds, placing stops, etc
i will post my live account trades if thats your beef. i advice you to focus on learning the system rather than looking for holes
since i my platform is jforex and not mt4 i tot it unwise to continue using mt4 for demo. i opened a demo account on dukascopy, continued practising . anddeleted the TE, this method of trading needs quick fingers, so i better practise on jforex so i can manage live trades within 10seconds, placing stops, etc
i will post my live account trades if thats your beef. i advice you to focus on learning the system rather than looking for holes
- #8,845
- Sep 21, 2014 3:39pm Sep 21, 2014 3:39pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
i advice you to focus on learning the system rather than looking for holes
- #8,846
- Sep 21, 2014 3:43pm Sep 21, 2014 3:43pm
its a demo account , i was supposed to use it for daytrading. But i decided to use it to practice scalp trading like eurusdd, ellen,fxjay neio. it was at -4% no big deal. then i couldnt cope with managing my live account with dukascopy and tradeexplore. asforexfactory does tradeexplore for only mt4 brokers. Dukascopy is not an mt4 broker since i my platform is jforex and not mt4 i tot it unwise to continue using mt4 for demo. i opened a demo account on dukascopy, continued practising . anddeleted the TE, this method of trading needs quick fingers,...
- #8,847
- Sep 21, 2014 3:46pm Sep 21, 2014 3:46pm
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
{quote} yes but i cant concentrate because you talk so much
. similarity rules
- #8,851
- Sep 21, 2014 3:53pm Sep 21, 2014 3:53pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
{quote} Vlady, I've been reading and thinking about all the great posts made his weekend and now understand why some people, myself included, get confused. The "problem" is that everyone is interpreting and trading TZs in different ways. Which isn't a problem at all, of course. It's great! Some people prefer smaller h values, expecting the zone to be broken (thanks hepsibah!). Some prefer optimal ones for the 3% probability. Some prefer even larger ones for greater security. Some go for variable h values to try to achieve a constant k value. What's...
Hat's off to you for persisting and thinking it through.
A pip is only worth it if you know how much you risked to earn it
Decided to check out the 1 hour charts for a change
I was lucky enough to immediately find a 96% probability signal
I was wondering if I should show it closed in my profit history in 24 hours or I share it from now for you guys to check it and possibly trade it.
You already have 4 calls from me, this will make them 5.
I intentionally hid the TP, check the chart & let me know what you think. Lots of people are catching on real fast, I'd like to see your opinions on where the target should be and what's the time for this trades's expiry.
I was lucky enough to immediately find a 96% probability signal
I was wondering if I should show it closed in my profit history in 24 hours or I share it from now for you guys to check it and possibly trade it.
You already have 4 calls from me, this will make them 5.
I intentionally hid the TP, check the chart & let me know what you think. Lots of people are catching on real fast, I'd like to see your opinions on where the target should be and what's the time for this trades's expiry.
- #8,854
- Sep 21, 2014 4:03pm Sep 21, 2014 4:03pm
- Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts
30min, 1hr and 4hr charts in sync for a stationary zone. waiting to see 1min-15min connect too, then trend change or inflexion point confirmed!!!
I am long looking for 12919 lets see
- #8,857
- Sep 21, 2014 4:09pm Sep 21, 2014 4:09pm
- Joined May 2009 | Status: Consistency is Key!! | 1,297 Posts
Some people think too many different ideas are presented on this thread. That is not true. Everything will eventually lead to a similarity system. In order for you to be able to link 1min to 4hr, add probability, add sieve and have a sound similarity system, you need to understand everything introduced here! You cannot construct a meaningful similarity system connecting 1min-4hr, robust enough and correct without incorporating TZ. Because TZ will help you identify key return levels for correction. Just flow along. in time the entire picture will...
- #8,859
- Edited 4:35pm Sep 21, 2014 4:20pm | Edited 4:35pm
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
Decided to check out the 1 hour charts for a change I was lucky enough to immediately find a 96% probability signal
Using purely TZ, I have 3 different TPs based on different tfs : 1.09255, 1.09023, 1.08856. The 1st was from 1H. The last 2 were from 15M. Interestingly, 1H and 15M both had 1.08856 but the 1H was not fully formed.
For purely different reasons that I've decided not to reveal here, to do with TZ, I think the target will be 1.08856... but my research isn't 100% yet. I've decided to join your short but set TP for 1.09255 to be conservative.
EDIT:
Attached chart is 1H view with the 3 prices I mentioned plotted.
A pip is only worth it if you know how much you risked to earn it
- #8,860
- Sep 21, 2014 4:27pm Sep 21, 2014 4:27pm
- | Membership Revoked | Joined Oct 2012 | 2,254 Posts
{quote} Hey Jay, I decided to take a look. Using purely TZ, I have 3 different TPs based on different tfs : 1.09255, 1.09023, 1.08856. The 1st was from 1H. The last 2 were from 15M. Interestingly, 1H and 15M both had 1.08856 but the 1H was not fully formed. For purely different reasons that I've decided not to reveal here, to do with TZ, I think the target will be 1.08856... but my research isn't 100% yet. I've decided to join your short but set TP for 1.09255 to be conservative.
too much.