Want to know how to get rich?

The rule is simple. Do not buy anything from yaed.

Non incendental information
What is the structure of any body of information? Be it price or anything else that is the information at hand. All information that is NOT incendental is the most simple form of structure. The backbone of information processing.

An event is incendental if it just happens and doesnt really affect other events after it.



I was trying to figure out a systematic way at looking at my misstakes. For i know there is a logic to what i do when it works.

Even more simple.



And therefore effecient.
Yupp i think thats the most non incidental information i have put out there for the world.
Ive just been fooling around with lots of different ideas but i have never expressed an idea this clear and simple i think.
I will trade like this maybe a little on tuesday.
Wow i never knew i could make it this simple. What a blast.
Looked around on the timeframes, but i really think H4 has a good pace. You place a trade, wait 4 hours, check it and what ever to do. Think you got you stoploss there. Anything that happens in 4 hours. Take profit is 4-16 hours maybe. Check it 2 a day. Maybe 4 with open trades. I do double that and double it again. 16 times. Just so you dont miss a high or low. Thats it. 32 minutes a day or so. + doing the books to see how it went that day + posting pictures with explanation here, 2 hours. And i used to work 12 hours a day. For what? Well it was a journey. Glad its over.

What if i work 6 pairs? 5 hours work a day. Max. 10 hours. 6 times the gain. Or loss, still think it might happen even though right now i dont see how. Well anyway. 6 times the profit for 5 hours instead of two.

Anyway back to the charts.

Its not, "is it wrong or is it correct?" no, this is how i look at price. Now.

Ok i give a few breaks of low sell examples.

Why didnt i ever realise this before? I guess i was just complicating things.
Well i think that will be it for a while.

Nope, here we go again.

Buy above the last high.
Sell below the last low.

Buy above the last high. Sell below the last low.[/quote]

Thanks Yaed for driving home the REAL PA simplicity.. and the VERY clear charts .

Would you say Buying or Selling on the retrace of the break would increase profit and reduce drawdown. ?
good pips

Hi,

Thanks for good thread. I always was interested in PA. Could u tell me if I good check buys (green) and sells on this EU D1?

Thanks yaed for your explanation & clear charts, it seems to rhythm with the other thread "Higher Edge within a Single Candlestick". But I might be wrong due to my limited understanding.

Best Regards,
LearnAlways

Interesting Bro! Quite similar to one of my thread I posted few years back. Lot of methods can you use to profit from the market, just depend on how each individual approach it.

http://www.forexfactory.com/showthread.php?t=379581

Hi Yaed,

Very nice and crystal clear explanations about entries, what about exiting the trades now ?

Thanks Yaed for driving home the REAL PA simplicity.. and the VERY clear charts . Would you say Buying or Selling on the retrace of the break would increase profit and reduce drawdown. ? good pips[/quote]
Its simple really! Right?
Just so i gave it all to explain myself:

Blue lines are where it breaks through a high, so buy.
Red lines are where it breaks through a low, so sell.
This is not complicated. I dont really see how anyone can argue its HARD or weird or strange or what ever.
Just check the charts!

Ah, baby problem. Ill take care of that with money management i think.

I do that kind of thing every day. I think.
Whats the pattern?
Are Sells ALWAYS good? Buys? How often?

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People, im not doing this FOR myself. Im not getting any "score" here or what ever. Im telling you this FOR A REASON. Its time everybody knows!
I am at least TRYING to explain how to get rich! Is anybode else saying that? Exactly that? I mean it, it think is this is how you can do to get rich. Because this is what those people are doing. Thats what i think.