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The sacred edge 2.0

  • #161
  • Feb 16, 2016 3:07am Feb 16, 2016 3:07am
@EURUSDD left so many nuggets here on forex factory. one of those statements thats always at the back of my mind is

about: " deception is part of the game"
. From experience heres how i have experienced that statement. The big boys won't make market direction easily predictable. they will move price in many different directions hunting stops both long and short before eventually taking it where they initially planned. you have to change the way you see the market.

EURUSDD had also told us his aim was not to give us a strategy but to change the way we see the market. i no more see the markets based on indicators. i trade naked charts because I'm looking at things other than indie
  • #162
  • Feb 16, 2016 3:49am Feb 16, 2016 3:49am
hi ephisi,

have you looked at trading your levels in groups ,for example 10 to 20 pip deviations ,20 to 50 ,50 to 100,10 to 100,ect ect,
i dont trade this concept on fx i trade only ft100,although it will work equally well on dax,ect ect.i find it far easier to manage on indicies due to there posiitive smoother flows.
what i have discovered after very intensive study, many years of live trading ,logging ever price fault,that there are a number of ways in which advantage can be gained.for reason of time,drawdown,i trade returns in set groups,if one group of returns deviates to a point ,deviation for % from efficiency ,every set is effected at this point i will place the trades .this keeps drawdown to a minimun and also offers a good mean point to reduce risk when the market looses controll through unexspected events.
  • #163
  • Feb 16, 2016 4:08am Feb 16, 2016 4:08am
it has taken gbpjpy only 1hr bearish move to wipeout the hard work of 30+ hours bullish attempts. @diceman reading your post now. will reply in a bit
  • #164
  • Feb 16, 2016 4:15am Feb 16, 2016 4:15am
Quoting diceman555
hi ephisi, have you looked at trading your levels in groups ,for example 10 to 20 pip deviations ,20 to 50 ,50 to 100,10 to 100,ect ect, i dont trade this concept on fx i trade only ft100,although it will work equally well on dax,ect ect.i find it far easier to manage on indicies due to there posiitive smoother flows. what i have discovered after very intensive study, many years of live trading ,logging ever price fault,that there are a number of ways in which advantage can be gained.for reason of time,drawdown,i trade returns in set groups,if one...
i can't really understand your post. maybe you can paraphrase. what i do though is trade small lot sizes the add positions if price goes against me. this can only be done by someone who's researched the concept. i don't abuse the concept. i am ready to add a second position if my drawdown hits -300 for regular pairs and - 1000 for volatile pairs. with support of many other concepts learnt from experience i choose the highest probability pair and i don't expect to get a drawdown of 300pips on such trades. whats most important is that i keep enough free margin and be properly capitalised. the target must be hit
  • #165
  • Feb 16, 2016 4:21am Feb 16, 2016 4:21am
Quoting ephisi
usdchf needs to hit 0.9780/0.9740 zone short term EURUSD needs to hit 1.1190/1.1220 zone today or within a few days. GBPJPY needs to hit 164.20/163.80 zone short term short term implies same day or few days delay
EURUSD lower boundary of target range hit. Expecting a little more push into the zone for reversal or continuation. don't really care which. but i favor continuation. would simply move stop to breakeven and wait for continuation if i were in the trade
  • #166
  • Feb 16, 2016 5:46am Feb 16, 2016 5:46am
Quoting ephisi
usdchf needs to hit 0.9780/0.9740 zone short term EURUSD needs to hit 1.1190/1.1220 zone today or within a few days. GBPJPY needs to hit 164.20/163.80 zone short term short term implies same day or few days delay
Gbpjpy hitting upper boundary of target zone.
  • #167
  • Feb 16, 2016 5:52am Feb 16, 2016 5:52am
Usdchf and audjpy may delay but will surely hit their targets as all pairs cannot trend at the same time. Value flows from one currency to another for specific periods
  • #168
  • Feb 16, 2016 7:08am Feb 16, 2016 7:08am
Quoting ephisi
{quote} Gbpjpy hitting upper boundary of target zone.
gbpjpy now properly pushed into and cleared target zone. done and dusted. eurusd headed for second attempt at the daily highs to clear target zone
  • #169
  • Feb 16, 2016 10:16am Feb 16, 2016 10:16am
Quoting ephisi
Audjpy has to revisit 80.75/25 zone today monday or before the weekends. Watch it
TARGER HIT. DONE AND DUSTED. AUDJPY HIT MY 80.55. NOW I CAN TAKE NEXT TRADE. USDCHF IS THE ONLY CALL NOT YET HIT TARGET.
  • #170
  • Feb 16, 2016 10:19am Feb 16, 2016 10:19am
Audnzd short term level. Needs to hit 80.80/80.40 zone
  • #171
  • Feb 16, 2016 10:19am Feb 16, 2016 10:19am
Eurusd needs to clear 1.1192 pushing into 1.1220 band
  • #172
  • Feb 16, 2016 10:20am Feb 16, 2016 10:20am
I have the option of taking usdchf short, audnzd short or eurusd long
  • #173
  • Feb 16, 2016 10:24am Feb 16, 2016 10:24am
Quoting ephisi
i have the option of taking usdchf short, audnzd short or eurusd long
usdchf short 0.9880 same targets as previous call
  • #174
  • Feb 16, 2016 5:43pm Feb 16, 2016 5:43pm
Quoting ephisi
{quote} TARGER HIT. DONE AND DUSTED. AUDJPY HIT MY 80.55. NOW I CAN TAKE NEXT TRADE. USDCHF IS THE ONLY CALL NOT YET HIT TARGET.
Awesome!
  • #175
  • Feb 17, 2016 1:05am Feb 17, 2016 1:05am
Quoting LITEchild
{quote} Awesome!
Thanks Lite, your previous crazy trade explorer really inspired me to do more research
  • #176
  • Feb 17, 2016 1:15am Feb 17, 2016 1:15am
Quoting ephisi
Audnzd short term level. Needs to hit 80.80/80.40 zone
AUDNZD pierced top of target zone. Done and Dusted. a little more push into 80.65
  • #177
  • Feb 17, 2016 3:18am Feb 17, 2016 3:18am
Quoting ephisi
{quote} Thanks Lite, your previous crazy trade explorer really inspired me to do more research
  • #178
  • Feb 17, 2016 3:21am Feb 17, 2016 3:21am
most of the little current market moves are just stop hunting and manipulation. the right direction will soon be clear
  • #179
  • Feb 17, 2016 10:51am Feb 17, 2016 10:51am
cadjpy needs to revisit 82.80/82.40 band short term. looking for appropriate sell entry
  • #180
  • Feb 17, 2016 10:53am Feb 17, 2016 10:53am
Quoting ephisi
cadjpy needs to revisit 82.80/82.40 band short term. looking for appropriate sell entry
long term cadjpy heads for 87/90 zone within few weeks
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