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  • #2,421
  • Aug 17, 2016 8:49am Aug 17, 2016 8:49am
Quoting marvi616
I think Time and Pattern is enough, to open another demo account and trade it..
Hi Marvi,

To recap, the trade window is the asian session and the high and low is determined by the pattern within the Asian session?

(or) are we supposed to take any other high/low reference. example: say, the high and low of london & new york before the opening of asian session?

Thanks
  • #2,422
  • Aug 17, 2016 10:58am Aug 17, 2016 10:58am
Quoting aaven
{quote} Hi Marvi, To recap, the trade window is the asian session and the high and low is determined by the pattern within the Asian session? (or) are we supposed to take any other high/low reference. example: say, the high and low of london & new york before the opening of asian session? Thanks

Aaven, This the closest I can get to merlin's riddle (i think), but a few points still puzzled me like the word "AMAZING" which according to chicky is an abreviation of something else...

Anyways back to your inquiries..
the answer is YES, trade only during London & US "off-hours" , as merlin stated on post # 1 (5 pm EST - 4:59am EST).

and why is that?
https://www.dailyfx.com/forex/techni...ade_Forex.html


merlin trading strategy is a close relative of "Asian range trading" & and a cousin of "S/R swing strategy", we just have to train our eyes to idenrify the S/R.

the pattern is the confirmation candles, this is also mentioned in his post. this type of candle formation is rarely seen on higher time frames.


> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.


when the price makes a new high or low, this is equal to "as soon as the daily high or low has been hit on the 60 minute charts"
switch to M1 and look for the pattern, if you see the it "the signal is confirmed".

you can still trade the range without the pattern, but the odds are less on our side.


  • #2,423
  • Edited 11:21am Aug 17, 2016 11:09am | Edited 11:21am
what abt change date and time to next day suggested by chicky?to see next day high and low?
main use is u can able to see future!!!
general thinking 1min and one hr low is same then why it is in clue try to think out of box.

dont u think rsi and macd play any role?
i already given hint this have some role once u solve this part of riddle u not only able to know day high low but also hourly high and low.becoz when u able to see future chart what is difficult to tell high and low.
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,424
  • Aug 17, 2016 11:25am Aug 17, 2016 11:25am
Quoting Chicky
{quote} No joke, one never made journey through the time. We never witnessed visitors from the future. That means no one will never walk into the future. Its impossible. However what is possible is that one can always develop a quantitative prediction model that takes all possible variables including time. This is what Merlin tried to share in his first post. He time and again emphasized the time element. The key is to precisely understand what he meant by day start and close time. He knew what he was talking about.

We need to discern what is fact from fiction, what is reality and what is not.
  • #2,425
  • Edited 11:41am Aug 17, 2016 11:29am | Edited 11:41am
Quoting marvi616
{quote} We need to discern what is fact from fiction, what is reality and what is not.



who will give u the trick how to see future charts.
if u dont believe check i already post im taking 1 trade per hour.
if u still think its fiction then no problem?its ur wish but i personally think things look impossible before we know.

i already told if u really taking efforts ur welcome to discuss in pm there r many who send me pm and im guiding them, r they r on right track or not.
those r discussing know very well that im talking abt fiction or fact.
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,426
  • Aug 17, 2016 12:07pm Aug 17, 2016 12:07pm
Quoting marvi616
{quote} Aaven, This the closest I can get to merlin's riddle (i think), but a few points still puzzled me like the word "AMAZING" which according to chicky is an abreviation of something else... Anyways back to your inquiries.. the answer is YES, trade only during London & US "off-hours" , as merlin stated on post # 1 (5 pm EST - 4:59am EST). and why is that? https://www.dailyfx.com/forex/techni...ade_Forex.html merlin trading strategy is a close relative of "Asian range...
Thanks Mr. Marvi for taking the effort... and adding the link to a similar strategy is a great touch...

Kindly let me know if i understood this correctly: London & USA "Off Hours"

Prior to the start of the "Day", any high or low's made by any trading session is not considered for the analysis.

At the start of the "Day" we start with an empty chart and initially we look at the formation of hourly candles.

As and when the high or low for the day is forming (since it is a fresh start, any movement from the day start either up or down will be the high or low for the day), but the filter in this case is the formation of the pattern on the 1 minute chart as and when the high or low is being hit on 60 minute chart?

Please correct me if i am wrong...

Note: I had some old bookmarks regarding this strategy, i can check if they are there. I can pm them to you if it's not too overwhelming since there is so much to go through... Kindly let me know...

Once again Thanks a bunch...
  • #2,427
  • Aug 17, 2016 1:47pm Aug 17, 2016 1:47pm
The fact here is simple I guess, starting to have clues how this work depend on RSI/MACD totally with this. I will have take tests for a while now.
  • #2,428
  • Aug 17, 2016 1:47pm Aug 17, 2016 1:47pm
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #2,429
  • Aug 17, 2016 6:14pm Aug 17, 2016 6:14pm
This morning i took this trade, a few minutes after the tokyo market opens, hit my 25 TP, notice the formation of the !!!.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB
  • #2,430
  • Aug 17, 2016 7:12pm Aug 17, 2016 7:12pm
Quoting marvi616
This morning i took this trade, a few minutes after the tokyo market opens, hit my 25 TP, notice the formation of the !!!. {image}
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #2,431
  • Aug 17, 2016 11:08pm Aug 17, 2016 11:08pm
Quoting aaven
{quote} Thanks Mr. Marvi for taking the effort... and adding the link to a similar strategy is a great touch... Kindly let me know if i understood this correctly: London & USA "Off Hours" Prior to the start of the "Day", any high or low's made by any trading session is not considered for the analysis. At the start of the "Day" we start with an empty chart and initially we look at the formation of hourly candles. As and when the high or low for the day is forming (since it is a fresh start, any movement from the day start either up or down...

- Kindly let me know if i understood this correctly: London & USA "Off Hours" - YES

- Prior to the start of the "Day", any high or low's made by any trading session is not considered for the analysis. - YES

- At the start of the "Day" we start with an empty chart and initially we look at the formation of hourly candles. - YES but price needs to moved/ranged 30 pips or more, before taking any position.

- As and when the high or low for the day is forming (since it is a fresh start, any movement from the day start either up or down will be the high or low for the day), but the filter in this case is the formation of the pattern on the 1 minute chart as and when the high or low is being hit on 60 minute chart? - YES, But price must at least moved 30 pips above or greater than the TP, in this case 25 pips. it's not logical to open a position with a 25pip TP on a 15 pip price range, unless your trading the BreakOuts. Since the high and low for 1H and 1M is identical refer to post # 7 & 11, I prefer use M1 charts all the way.

  • #2,432
  • Edited 1:24am Aug 18, 2016 1:07am | Edited 1:24am


!!! pattern i think come out of bookish knowledge why not settings. why not no which we can use for calculation.
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,433
  • Aug 18, 2016 1:36am Aug 18, 2016 1:36am
Quoting marvi616
{quote} - Kindly let me know if i understood this correctly: London & USA "Off Hours" - YES - Prior to the start of the "Day", any high or low's made by any trading session is not considered for the analysis. - YES - At the start of the "Day" we start with an empty chart and initially we look at the formation of hourly candles. - YES but price needs to moved/ranged 30 pips or more, before taking any position. - As and when the high or low for the day is forming (since it is a fresh start, any movement from the day start either up or down will be...
Thanks Marvi for the detailed explanation... Much appreciated....

I found the bookmarks which could contain some useful info. I will send them in a short while. Please check your pm.
  • #2,434
  • Aug 18, 2016 5:00am Aug 18, 2016 5:00am
my recent trade
trade taken this hr its fiction or fact
Attached Image (click to enlarge)
Click to Enlarge Name: my trade.png Size: 52 KB
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,435
  • Aug 18, 2016 5:09am Aug 18, 2016 5:09am
ans yes to guy from india who just send pm to me .there is restriction on pm that u cant send more than 24msg a day so now no more reply till day end
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,436
  • Aug 18, 2016 5:59am Aug 18, 2016 5:59am
Quoting fasttrade1
my recent trade trade taken this hr its fiction or fact {image}
Yup ur recent and only trade...i dont remember merlin saying open ur trade without a tp and sl...its a ticking time bomb!
  • #2,437
  • Aug 18, 2016 6:04am Aug 18, 2016 6:04am
i told u what ever merlin gave is piece of cake if u understand clue u can trade each hr but why u bother after all its all fiction that u can see the future
IF U DONT KNOW DOES NOT MEAN IT DOES NOT EXIST
  • #2,438
  • Aug 18, 2016 6:13am Aug 18, 2016 6:13am
HAHAHA a big laugh....trade each hour?
ur chart shows more than 50 one hour candles,,what happened to the rest of your trade?.
  • #2,439
  • Aug 18, 2016 6:17am Aug 18, 2016 6:17am
Here is your future ----->>> ACCOUNT WIPED OUT!!!
i hope you see that coming
  • #2,440
  • Aug 18, 2016 6:28am Aug 18, 2016 6:28am
You are the one whos been bothering..from the day I posted the "time" and the "pattern" we are living on a free world man, I am not forcing you or any body to eat my food..

i'm just opening a new alley, to the very first post of merlin. If you can't live with that i am sorry for you.
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