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Dynamic Scalp System

  • #2,281
  • Dec 19, 2014 11:15am Dec 19, 2014 11:15am
Quoting Patron
The euro has made a new low. That disrupts my previous analysis, and confirms the theory of contrary opinion.
do you mean euro will reach 12000 level ?
While knowledge speak up, the wisdom listen down
  • #2,282
  • Dec 19, 2014 11:15am Dec 19, 2014 11:15am
Quoting jstmzplsz
In fact, I was ready to give up. Glad I found this thread.
I'm happy for a lot, you have not thrown in the towel. So it looks like someone who understands my trading. I was also going to throw in the towel, in the sense that no further explanation, on my way to work, because sometimes I feel that no one understands me, by language, or because I mean bad.
I'll close my weekly trading already. I would like to ask you some questions, which may be of interest to beginners, and for the thread.
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  • #2,283
  • Dec 19, 2014 11:19am Dec 19, 2014 11:19am
Quoting sam30
{quote} do you mean euro will reach 12000 level ?
I do not know Sam30. There was only studied the alternative that I posted yesterday. Now I have to start over. I will probably tomorrow, when I'm rested.
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  • #2,284
  • Dec 19, 2014 11:31am Dec 19, 2014 11:31am
Quoting Patron
{quote} I'm happy for a lot, you have not thrown in the towel. So it looks like someone who understands my trading. I was also going to throw in the towel, in the sense that no further explanation, on my way to work, because sometimes I feel that no one understands me, by language, or because I mean bad. I'll close my weekly trading already. I would like to ask you some questions, which may be of interest to beginners, and for the thread.
"because sometimes I feel that no one understands me" I feel the same for a long time..

Don't hesitate to ask questions, we are here to share
  • #2,285
  • Dec 19, 2014 11:38am Dec 19, 2014 11:38am
Quoting jstmzplsz
{quote} "because sometimes I feel that no one understands me" I feel the same for a long time.. Don't hesitate to ask questions, we are here to share
You say you were about to leave this business.
Why?
Do you not obtain results?
Personal reasons?
Could not find your style?
Etc ..
What failed?
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  • #2,286
  • Dec 19, 2014 11:51am Dec 19, 2014 11:51am
Quoting Patron
A curious. This is a robot, I have a demo. And this is what has made this week ... It's funny. And I still do not confide in robots. {image}
It's a hobby that development on weekends. But I am unable to give a real account. Maybe someday I do. A small account, to see if he can win too.
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  • #2,287
  • Dec 19, 2014 12:01pm Dec 19, 2014 12:01pm
Quoting Patron
A curious. This is arobot, I have a demo. And this is what has made this week ... It's funny. And I still do not confide in robots. {image}
Talking about robot or indi...its really interesting when you program it....

i wish i can learn to be programmer..... (seriously)
While knowledge speak up, the wisdom listen down
  • #2,288
  • Dec 19, 2014 12:07pm Dec 19, 2014 12:07pm
Quoting sam30
{quote} Talking about robot or indi...its really interesting when you program it.... i wish i can learn to be programmer..... (seriously)
Well, I'm seriously considering opening a live account, for it. Because the evidence in vivo that I have made in demo are covering almost all market conditions quite well.
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  • #2,289
  • Dec 19, 2014 12:10pm Dec 19, 2014 12:10pm
Quoting sam30
{quote} Talking about robot or indi...its really interesting when you program it.... i wish i can learn to be programmer..... (seriously)
I learned to program autodidactically when my children were little, to let them play on TV screen, I could not buy.
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  • #2,290
  • Dec 19, 2014 12:16pm Dec 19, 2014 12:16pm
Quoting Patron
{quote} Well, I'm seriously considering opening a live account, for him. Because the evidence in vivo that I have made in demo are covering almost all market conditions quite well.
no doubt that its has a chance n promising....

what i mean is...if only i can learn to be programmer for EA in forex
While knowledge speak up, the wisdom listen down
  • #2,291
  • Dec 19, 2014 12:25pm Dec 19, 2014 12:25pm
Quoting sam30
{quote} no doubt that its has a chance n promising.... what i mean is...if only i can learn to be programmer for EA in forex
The problem is that, despite what I have taught, despite good results in demo and backtesting, I have never believed that a robot can win in the long run.
So I'll keep the demos and observe how they behave in the long run.
While I have a version 10 months old, who still works fine.
But I do not trust machines!
I can not help it, is beyond me!
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  • #2,292
  • Dec 19, 2014 12:43pm Dec 19, 2014 12:43pm
Quoting Patron
{quote} You say you were about to leave this business. Why? Do you not obtain results? Personal reasons? Could not find your style? Etc .. What failed?
I wanted to leave this business because many reasons actually. First was because my friends, parents basically all people but my girlfriend and close friend, was saying that this business is gambling, then they were saying that I'm not good enough, then that I should find normal job.

I think we all should find our own path, to gain a real happiness.

Secondly my result has never been that good. It was even before 2011, I thought that I found holy grail, it was an EA based on grid. I've made 70% in three months and then I've my account blown up by it. And because of that I don't really like EAs, and I think that no mechanical system will be as good as human.

Then after 2011 I was trying to scalp, only with system, without tools (S&R, trendlines, none) and I've made 400% in three months od demo account, then I have turned live and blew up next account. I gave it another try, and blew up my third account.

Then I was asking for help on this forum... with no result.

Then I was looking for some new systems, but nothing really suited me. I was trying this and that, we no good results. At that point I was ready to leave. And when I was drowning, my last breathe was to read every single book I can get, to gain every tool. I was doing it for a while (last three months I guess). And when I decided that it is enough I started to looking for some system, which suits me mentally and where I would be able to use all tools that I've gained earlier. To make this things work as a whole.

And that all took me over 3 years.
That's how I became who I am today
  • #2,293
  • Dec 19, 2014 12:45pm Dec 19, 2014 12:45pm
Quoting Patron
{quote} The problem is that, despite what I have taught, despite good results in demo and backtesting, I have never believed that a robot can win in the long run. So I'll keep the demos and observe how they behave in the long run. While I have a version 10 months old, who still works fine. But I do not trust machines! I can not help it, is beyond me!

Totally agree
  • #2,294
  • Dec 19, 2014 1:55pm Dec 19, 2014 1:55pm
Quoting jstmzplsz
{quote} I wanted to leave this business because many reasons actually. First was because my friends, parents basically all people but my girlfriend and close friend, was saying that this business is gambling, then they were saying that I'm not good enough, then that I should find normal job. I think we all should find our own path, to gain a real happiness. Secondly my result has never been that good. It was even before 2011, I thought that I found holy grail, it was an EA based on grid. I've made 70% in three months and then I've my account blown...

We greatly appreciate the effort you made to tell your story, full of humanity.
It reflected that tremendously hard it is to build a business.
It is also tremendous pressure exerted by your family and friends. We must be very strong to overcome this.
And the inner struggle itself, moments of doubt, etc ..
I have read several times your testimony and read between the lines the tremendous struggle that has had to take just against yourself, perhaps the most important fight.
Until one day all the effort made over the years, suddenly begins to bear fruit. The light comes on and understand that it is possible to fish in this river of money.
There comes a day when you see clear, you understand that the market has nothing against you, that does not know you exist. The market knows that much unwary, and always puts the same traps, and normal man falls again and again in them.
But the man who has overcome his inner struggle, against all odds, and has acquired emotional intelligence, he no longer scares the market.
Thanks for sharing your experience. I'm sure many people will recognize it, and so will find their own way.
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  • #2,295
  • Dec 19, 2014 2:06pm Dec 19, 2014 2:06pm
Quoting Patron
{quote} We greatly appreciate the effort you made to tell your story, full of humanity. It reflected that tremendously hard it is to build a business. It is also tremendous pressure exerted by your family and friends. We must be very strong to overcome this. And the inner struggle itself, moments of doubt, etc .. I have read several times your testimony and read between the lines the tremendous struggle that has had to take just against yourself, perhaps the most important fight. Until one day all the effort made over the years, suddenly begins...
The circulatory system market is the movement of money. Thus, to survive, the market is always looking for liquidity, which is their food.
Then we invented names for that seeks eternal liquidity, and we call supply, demand, waves, traps, support, resistance, etc .. because the human brain needs to create patterns, to orient within the chaos, chaos understood that order top of fractal nature that draw human emotions, while feeding the market.
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  • #2,296
  • Edited Dec 21, 2014 12:48am Dec 20, 2014 3:32am | Edited Dec 21, 2014 12:48am
Quoting Patron
{quote} The circulatory system market is the movement of money. Thus, to survive, the market is always looking for liquidity, which is their food. Then we invented names for that seeks eternal liquidity, and we call supply, demand, waves, traps, support, resistance, etc .. because the human brain needs to create patterns, to orient within the chaos, chaos understood that order top of fractal nature that draw human emotions, while feeding the market.
EURUSD

If we understand that the food market is liquidity also understand that the market can not, by nature behave as expected the majority.
The general feeling, at least I've felt and I hoped it was going to be a big correction in the EURUSD.
In fact I had buy orders above 1.2500. Intuitively, something began to smell me evil so I removed those orders and put them further, to finish removing them altogether. Technically, the correction did not fit me.
I thought we were in correction, but it should be quieter, slower.

But the surprise came yesterday when the EURUSD hit a new low, which changes the landscape.

The chartist drawing is now a channel.

Counting waves has also changed, caused by this new low. The last wave has impulse wave structure. And the price is close near the base of the channel.

So it's late for short, and is early for long. Just wait events.

In my case I will look 2-4 line structures impulse, looking for a reverse pattern, at all levels.

That's my plan for the EURUSD.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eud.PNG Size: 109 KB
Click to Enlarge Name: euh4.PNG Size: 94 KB
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  • #2,297
  • Dec 20, 2014 3:51am Dec 20, 2014 3:51am
Quoting Patron
{quote} We greatly appreciate the effort you made to tell your story, full of humanity. It reflected that tremendously hard it is to build a business. It is also tremendous pressure exerted by your family and friends. We must be very strong to overcome this. And the inner struggle itself, moments of doubt, etc .. I have read several times your testimony and read between the lines the tremendous struggle that has had to take just against yourself, perhaps the most important fight. Until one day all the effort made over the years, suddenly begins...
Yes. Your reading between the lines is as good as your reading the charts It was a real struggle, especially in moments when you thought that you going after something that you are not able to catch. But if you win this fight and start to think clearly, I think is a very big chance for success.
  • #2,298
  • Dec 20, 2014 4:02am Dec 20, 2014 4:02am
Quoting jstmzplsz
{quote} Yes. Your reading between the lines is as good as your reading the charts It was a real struggle, especially in moments when you thought that you going after something that you are not able to catch. But if you win this fight and start to think clearly, I think is a very big chance for success.
Amen
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  • #2,299
  • Dec 20, 2014 4:04am Dec 20, 2014 4:04am
well...well...well,

Good discussion and sharing experience here...

We hope more people will join the train....
While knowledge speak up, the wisdom listen down
  • #2,300
  • Edited Dec 21, 2014 12:49am Dec 20, 2014 4:08am | Edited Dec 21, 2014 12:49am
Quoting Patron
{quote} EURUSD If we understand that the food market is liquidity also understand that the market can not, by nature behave as expected the majority. The general feeling, at least I've felt and I hoped it was going to be a big correction in the EURUSD. In fact I had buy orders above 1.2500. Intuitively, something began to smell me evil so I removed those orders and put them further, to finish removing them altogether. Technically, the correction did not fit me. I thought we were in correction, but it should be quieter, slower. But the surprise came...
Let me give a few examples of lines 2-4. Some are reversed to the current direction of EURUSD, but the reader know recognize and understand.
Attached Image (click to enlarge)
Click to Enlarge Name: line 24 a.png Size: 51 KB
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