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Noise free system

  • #1,401
  • Feb 15, 2017 2:48am Feb 15, 2017 2:48am
Quoting Avianni
Hello guys I've read almost the whole thread. I really like this system. Today I've tried it on real account with minimum lot. I'm selling GBPUSD because of this (see attachment). And because 4h bearish candells is way bigger than bullish ones, because of lower highs on 4h. Because of yesterdays engulfing bearish bar on daily chart. But i dont see waves on this 15min GBPUSD chart. So I dont know if my sell is taken at the right place and time according to this system. Guide me please if I'm wrong And i see same signal on EURUSD 15m chart....
You can see the Wave Indicator by changing the timeframe and returning to your original timeframe.
Imparo ancora
  • #1,402
  • Feb 15, 2017 2:53am Feb 15, 2017 2:53am
Quoting erksa
{quote} You can see the Wave Indicator by changing the timeframe and returning to your original timeframe.
Egzactly erksa even these situation with eur/gbp i dont like because price have been once there down. Ideal situation would be these one here 1st one
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  • #1,403
  • Feb 15, 2017 3:06am Feb 15, 2017 3:06am
These is the ideal situation with nzd/cad when wave gona come down these is what i em locking for.... most of the time, these for shure will happend tomorow...
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  • #1,404
  • Feb 15, 2017 3:11am Feb 15, 2017 3:11am
Bear these in minde when price have beed in certain level is very hard to come there again especially when these 3rd wave has apere these big one 33333 wich can be spoted by nacked eye...
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  • #1,405
  • Feb 15, 2017 4:00am Feb 15, 2017 4:00am
Quoting Dim1ne
{quote} Thanks mate My second take. {quote} Yes aaven, this video right in #Post 1299. That was an interesting day. The Daily High (1.06332) was established between GMT 7:00-9:00 (yellow block). This Daily High also fitted 61.8 Fibonacci level of previous Daily HL and overbought level of 2 standard deviations (magenta block). Market Makers set BIG Sell Limit orders right on this 1.06332 price level. They even twice made fake moves to this level (yellow block)...
Dim1ne the amount of work you do on a chart is amazing I really must congratulate you, wish I had your ability, but may I just ask does it limit you to a certain number of pairs or are you in the process of developing a template of some sort to cover many pairs, its hard watching Mizi dashing from pair to pair, sometimes I feel that I am missing trading chances but its tough to breakaway from trading only a very few pairs waiting for the price to come to me, it's served my reasonably well if a little slow
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  • #1,406
  • Feb 15, 2017 4:06am Feb 15, 2017 4:06am
Quoting OAPDave
{quote} Dim1ne the amount of work you do on a chart is amazing I really must congratulate you, wish I had your ability, but may I just ask does it limit you to a certain number of pairs or are you in the process of developing a template of some sort to cover many pairs, its hard watching Mizi dashing from pair to pair, sometimes I feel that I am missing trading chances but its tough to breakaway from trading only a very few pairs waiting for the price to come to me, it's served my reasonably well if a little slow {image}
Dave my Age Avesome Ochillator shows me that i on 0 level droping from + to -
  • #1,407
  • Feb 15, 2017 4:16am Feb 15, 2017 4:16am
Quoting mizi123
Good morning my friends i hope you are doing well, grab what you can from thread because im insulted from 4 sides in my inbox it look's like that these thred is worth and warp somones interests .....
Mizi,

This is serious. You are doing great work. What reason are the people saying to insult you? We are all here to support you.

Thanks
  • #1,408
  • Feb 15, 2017 4:19am Feb 15, 2017 4:19am
Quoting Dim1ne
{quote} Thanks mate My second take. {quote} Yes aaven, this video right in #Post 1299. That was an interesting day. The Daily High (1.06332) was established between GMT 7:00-9:00 (yellow block). This Daily High also fitted 61.8 Fibonacci level of previous Daily HL and overbought level of 2 standard deviations (magenta block). Market Makers set BIG Sell Limit orders right on this 1.06332 price level. They even twice made fake moves to this level (yellow block)...
Thanks Dim1ne for the detailed explanation. will try to absorb as much as i can.
  • #1,409
  • Feb 15, 2017 4:21am Feb 15, 2017 4:21am
Quoting mizi123
{quote} Dave my Age Avesome Ochillator shows me that i on 0 level droping from + to -
Mizi, my problem is were are you going with all these new indicators because although they all have merit, they read different things in different timeframes, were as a line is the same line in all timeframes, Dim1ne chart is pure magic it reads the same in all timeframes, I think what you are doing on the thread is brilliant but you will never find a method that does not have a bad trade no matter how many indicators you have, you just have to deal with it and move on
  • #1,410
  • Feb 15, 2017 4:38am Feb 15, 2017 4:38am
Quoting OAPDave
{quote} Dim1ne the amount of work you do on a chart is amazing I really must congratulate you, wish I had your ability, but may I just ask does it limit you to a certain number of pairs or are you in the process of developing a template of some sort to cover many pairs, its hard watching Mizi dashing from pair to pair, sometimes I feel that I am missing trading chances but its tough to breakaway from trading only a very few pairs waiting for the price to come to me, it's served my reasonably well if a little slow {image}
This is the same trade but with that 3 tier London Indicator shown in 15min
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  • #1,411
  • Feb 15, 2017 4:48am Feb 15, 2017 4:48am
Quoting Dim1ne
{quote} Thanks mate My second take. {quote} Yes aaven, this video right in #Post 1299. That was an interesting day. The Daily High (1.06332) was established between GMT 7:00-9:00 (yellow block). This Daily High also fitted 61.8 Fibonacci level of previous Daily HL and overbought level of 2 standard deviations (magenta block). Market Makers set BIG Sell Limit orders right on this 1.06332 price level. They even twice made fake moves to this level (yellow block)...
Dim1ne,

Much appreciated for the explanation. Could you kindly elaborate more on your point:

" in order to get more liquidity for their Sell Limit orders, but even then, their Sell Limit orders were not filled completely, because twice we had a rejection EXACTLY from this 1.06332 price level."

How do we determine if the MM's Sell or Buy limit order's were filled, I mean, what is the significance of the sharp rejection of price from the same level?

If possible, could you please share the template in the example: O/B & O/S. In addition, it has the session timings, it will be very useful.

Thanks
  • #1,412
  • Edited 1:42pm Feb 15, 2017 6:32am | Edited 1:42pm
Quoting aaven
{quote} Dim1ne, Much appreciated for the explanation. Could you kindly elaborate more on your point: " in order to get more liquidity for their Sell Limit orders, but even then, their Sell Limit orders were not filled completely, because twice we had a rejection EXACTLY from this 1.06332 price level." How do we determine if the MM's Sell or Buy limit order's were filled, I mean, what is the significance of the sharp rejection of price from the same level? If possible, could you please share the template in the example: O/B & O/S. In addition,...
Sure aaven, but bear in mind that I'm not a native speaker
1) As you know Market Makers (aka Smart Money) are really big banks and funds and since recently HFT firms are also dealing in the Market. They all provide liquidity to institutional and individual investors (individual traders are only 3.5% of them all). That means, if you want to buy asset on exact price they will sell it to you on that price at any second of the day and vice versa.
2) The only way to stay in this business for Market Makers and us is to be profitable: buying Lows → selling Highs or selling Highs → buying Lows and circle-wise.
3) All Market Makers have big analytical market/economic/financial departments that is why they know much more (incl. insiders information) than individual traders know sitting alone at home. Before news and especially BIG news (for instance yesterday Janet Yellens speech) they know in which direction market is ready to go and they make the Market to go in that direction, that is why they are called Market Makers.
4) Market Makers make all these trends we see on chart. Any trend goes as long as there are institutional and individual investors on the opposite side of the trend. Money flows from their accounts into Market Makers ones and yours, if you are on the same side with Market Makers.
5) Market Makers enter market only with Limit Buy/Sell orders [pending execution] and they are big enough. One Limit order is for one price and when this one is filled they have another one for us with another price. Yes, that is how they legally provide liquidity to us. It's their legal purpose, no criminal is here: we want to buy then they sell and everyone is happy until...
6) ...we are trapped into fake moves they make for us in order to fill all their Limit orders before BIG news=BIG moves=BIG profits. Remember, they know much more than we know and they know the best price or the range of the best prices on the Market on a daily basis. That is why Market Makers can buy/sell from exact price level or range of price levels using Limit orders.
7) But how can they fill their Limit orders? It works only when price moves against them (watch Mark Douglas video). The movement of the price creates mainly with Market orders [market execution] (incl. Stop-loss!) that Dumb Money usually use to enter the Market. How can they fill their big Limit orders or a big amount of them? Market Makers have to make a movement of Dumb Money Market orders against their Smart Money Limit orders to enter the Market in the opposite direction (against the crowd). Simply they just make Dumb Money see the beginning of trend movement or the resuming of trend that is actually fake one especially on lower Time Frame.
Quoting Dim1ne
file:///C:/Users/4460~1/AppData/Local/Temp/msohtmlclip1/01/clip_image002.png My second take. {quote} Yes aaven, this video right in #Post 1299. That was an interesting day. The Daily High (1.06332) was established between GMT 7:00-9:00 (yellow block). This Daily High also fitted 61.8 Fibonacci level of previous Daily HL and overbought level of 2 standard deviations...
In the example above may be it is just a perfect picture that there is a big Limit Sell order on exact price 1.06332 on the Market. First, please imagine how many institutional and individual investors trade on the Market everyday, especially on EURUSD pair, and how many entered long this day against this Limit Sell order (1.06332 price) and this happened twice and twice price was rejected exactly from this 1.06332 level. For example, if this order was filled completely we would see rejection from may be 1.06333 or 1.06337 price level, because there would be another one Sell Limit order from Market Makers with 1.06333 or 1.06337 price. That is why there are Double and Tripple Top/Bottom Reversal patterns on the Market.
How do we determine if the MM's Sell or Buy limit order's were filled? We never know that in advance and there is no need. If you see monipulations Market Makers do and see in which direction Market Makers are going to go, just enter in this direction. Videos in #Post 1290 and #Post 1299 are exacly about that.
I mean, what is the significance of the sharp rejection of price from the same level? When you suppose to know where Market Makers enter the Market and when you see rejection from exactly the same level twice, but there is the same level rejection very rare on the Market. Usually it is a range of prices above and bellow of any Trading range.
If possible, could you please share the template in the example: O/B & O/S. In addition, it has the session timings, it will be very useful. I will try to share my template and indis a bit later tomorrow. I have to go now. Cheers!

NB!
Limit orders [pending execution] doesn't move price: Buy/Sell Limit order & Take Profit.
Market orders [market immediate execution] move price up/down: Buy/Sell order & Stop-Loss.
Stop orders [pending execution] move price up/down: Buy/Sell Stop order.
  • #1,413
  • Feb 15, 2017 7:20am Feb 15, 2017 7:20am
[quote=Dim1ne;9562133]{quote} Sure aaven, but bear in mind that I'm not a native speaker 1) As you know Market Makers are really big banks and funds and since
Like for example i will sell AUD/USD because he failed to go higer
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  • #1,414
  • Feb 15, 2017 7:32am Feb 15, 2017 7:32am
See how price acttion respekt these levels level tuched trade not trigered 1st foto .. 2nd foto after news
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  • #1,415
  • Feb 15, 2017 7:37am Feb 15, 2017 7:37am
mizi think we just have to sort out the best times for the box
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  • #1,416
  • Feb 15, 2017 7:39am Feb 15, 2017 7:39am
Quoting OAPDave
mizi think we just have to sort out the best times for the box {image}
Like i see he (box) is configured to work with start of the europe open ... by the way what is your idea?
  • #1,417
  • Feb 15, 2017 7:56am Feb 15, 2017 7:56am
Someone is collecting bugs against us if you don't agree with them press that YES button and let's kill them. GOLDEN part of the thread is not only the 1st page but mostly best is inside thread IF YOU DON'T UNDERSTAND SOMETHINK THAT DOSEN'T MEAN THAT THE THEORY IS WRONG!
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  • #1,418
  • Feb 15, 2017 8:01am Feb 15, 2017 8:01am
Quoting mizi123
{quote} Like i see he (box) is configured to work with start of the europe open ... by the way what is your idea?
1 of my methods is the UK8-9 breakout so just set it to that to see how it goes it just means slightly different targets, but a good RR can be applied, but it would be nice to hear what Dim1ne thinks
  • #1,419
  • Feb 15, 2017 8:16am Feb 15, 2017 8:16am
Sorry for the intermittent responses, difficult to trade during school times

Have my eye on this... What you guys think?
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Treat trading like a business, not a job.
  • #1,420
  • Feb 15, 2017 8:23am Feb 15, 2017 8:23am
Quoting mizi123
See how price acttion respekt these levels level tuched trade not trigered 1st foto .. 2nd foto after news {image} {image}
Mizi this looks interesting... Would you mind sharing the indicator ?
Treat trading like a business, not a job.
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