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Consciousness as trading tool

  • #21
  • Mar 3, 2017 4:25am Mar 3, 2017 4:25am
Quoting josh11
or is it sell every high like this? {image}
Something like that. As you can see in youre chart, if you did you would make shitload of money.
The reason price tend to range is because the smart people are doing this: Selling the highs and buying the lows. They make money all day every day doing that.
Also i guess its a matter of choosing you timeframe since there are lots of little highs and lows WITHIN a H1 chart.
So like i was saying, if you want to sort of stay moderate and calm and nice probably you should stick to the highs and lows you can spot on a H4 chart.
At least that goes for E/U.
But this idea transcends into everything like oil and gold and yen and aussie and so on. Probably even goes into the growth of bacteria and so on, but i havent studied that for 7 years, while i HAVE studied E/U for 7 years.
My signature is: "Classified".
  • #22
  • Edited 4:44am Mar 3, 2017 4:34am | Edited 4:44am
Quoting yaed
{quote} Something like that. As you can see in youre chart, if you did you would make shitload of money. The reason price tend to range is because the smart people are doing this: Selling the highs and buying the lows. They make money all day every day doing that. Also i guess its a matter of choosing you timeframe since there are lots of little highs and lows WITHIN a H1 chart. So like i was saying, if you want to sort of stay moderate and calm and nice probably you should stick to the highs and lows you can spot on a H4 chart. At least that goes...
Amazing mate, thanks for the ideas been looking at yesterday chart 5mins, and if we wait till it break above hi or low 5pips the return rate is very high. Just a fast obs

I will check out the 4 hour thank again
Attached Image (click to enlarge)
Click to Enlarge Name: HH.png Size: 32 KB
  • #23
  • Mar 3, 2017 4:42am Mar 3, 2017 4:42am
for my understanding he looks for the levels on h4 and trade them on a lower tf?
Everyday better.
  • #24
  • Mar 3, 2017 4:48am Mar 3, 2017 4:48am
Quoting josh11
{quote} Amazing mate, thanks for the ideas been looking at yesterday chart 5mins, and if we wait till it break above hi or low 5pips the return rate is very high. Just a fast obs I will check out the 4 hour thank again {image}
Well i did the same yesterday. Use it for any chart of anything and have a look.
My signature is: "Classified".
  • #25
  • Mar 3, 2017 4:49am Mar 3, 2017 4:49am
Quoting arlucad
for my understanding he looks for the levels on h4 and trade them on a lower tf?
Well i can look at the H1 chart and just count the candles, its not the chart that matters.
My signature is: "Classified".
  • #26
  • Mar 3, 2017 4:51am Mar 3, 2017 4:51am
yea okay that makes sense
Everyday better.
  • #27
  • Mar 3, 2017 4:52am Mar 3, 2017 4:52am
Quoting yaed
{quote} Well i did the same yesterday. Use it for any chart of anything and have a look.
Thanks for your time mate appropriate it
  • #28
  • Mar 3, 2017 4:56am Mar 3, 2017 4:56am
Quoting josh11
{quote} Thanks for your time mate appropriate it
As you can see, therer is no magic and no pay 1.000 $ online course with lots of bullshit and 29 indicators to interpret in strange ways. To my knowledge this is what consistently profitable traders are doing.
My signature is: "Classified".
  • #29
  • Mar 3, 2017 4:57am Mar 3, 2017 4:57am
i have the same concept and even made an EA on it. Looks cool.
Attached Image (click to enlarge)
Click to Enlarge Name: testing yes.jpg Size: 85 KB
Le$$ I$ More
  • #30
  • Mar 3, 2017 4:58am Mar 3, 2017 4:58am
The position should be SMALL enough for that feeling to be sort of "Eh i can loose this, so what, no problemo."
My signature is: "Classified".
  • #31
  • Mar 3, 2017 5:00am Mar 3, 2017 5:00am
Quoting Roszey
i have the same concept and even made an EA on it. Looks cool. {image}
Well there you go.
Although i would want to know a few things more then that before i commit more then ice cream money to an EA.
My signature is: "Classified".
  • #32
  • Mar 3, 2017 5:11am Mar 3, 2017 5:11am
Attached Image (click to enlarge)
Click to Enlarge Name: hard one.jpg Size: 129 KB

Buuuuuut, and give me drum roll....
If you look at H4, thinks clear up and you are actually NOT fucked.
Attached Image (click to enlarge)
Click to Enlarge Name: rock and hard place on h4.jpg Size: 122 KB

And you go back with the h4 levels on h1
Attached Image (click to enlarge)
Click to Enlarge Name: rock and hard place on h1.jpg Size: 95 KB

Ok see?
It doesnt work ALL the time real simple and so on with one position.
But to my knowledge, THIS IS AS GOOD AS IT GETS.
My signature is: "Classified".
  • #33
  • Mar 3, 2017 5:21am Mar 3, 2017 5:21am
Quoting yaed
{image} Buuuuuut, and give me drum roll.... If you look at H4, thinks clear up and you are actually NOT fucked. {image}
  • #34
  • Mar 3, 2017 5:26am Mar 3, 2017 5:26am
Quoting yaed
{image} Buuuuuut, and give me drum roll.... If you look at H4, thinks clear up and you are actually NOT fucked. {image} And you go back with the h4 levels on h1 {image} Ok see? It doesnt work ALL the time real simple and so on with one position. But to my knowledge, THIS IS AS GOOD AS IT GETS.
but what if you staggered you position, so opening a sell every 10-20 pips, you would recover faster?
  • #35
  • Mar 3, 2017 5:30am Mar 3, 2017 5:30am
If ever you think my trading is kind erratic, its because i am taking care of my son on my own and working 2 other jobs beside trading. Also i sleep, which is truly detrimental to trading. Preferably i would want to have eyes on the account 24/7 and thats the serious way to trade since the world market is alive 24/7.
So i mean if ever you think i should have closed and so on, bear in mind im just a regular dude going to kindergarden to pick up my son, drinking beer with my friends on fridays. I have regular problems with women and snow and broken cars and diapers and money and ass-holes hounding me for nor particular reason.

In june and maybe july i might be trading 10 hours a day or so, depends on how it goes from now.
My signature is: "Classified".
  • #36
  • Mar 3, 2017 6:15am Mar 3, 2017 6:15am
this sounds like you never sleep
Everyday better.
  • #37
  • Mar 3, 2017 6:19am Mar 3, 2017 6:19am
Your trades look like you risk faaar more than you earn? is that correct?
Everyday better.
  • #38
  • Mar 3, 2017 7:03am Mar 3, 2017 7:03am
Quoting arlucad
Your trades look like you risk faaar more than you earn? is that correct?
Yes. But the probability to be correct is lets say .9

So lets say if i win i win 1 fish

If i loose i loose 3 fish

1 fish x 0.9 = 0.9 fish

3 fish x 0.1 = 0.3 fish

And if you remove the losses from the wins: 0.9 fish -0.3 fish, its still 0.6 fish. So have most of the fish. Which is good, i like fish.

And right now we have a very good example so its funny you should mention it.
Attached Image (click to enlarge)
Click to Enlarge Name: Funny you should mention it.jpg Size: 151 KB

So thats three sells cooking right now.
Details are in the explorer.
My signature is: "Classified".
  • #39
  • Mar 3, 2017 7:10am Mar 3, 2017 7:10am
The TPs are NOT AT ALL fixed, i put them there just because i need to leave and pick up my mom and my son and go eat some thai dinner or something like that.
My signature is: "Classified".
  • #40
  • Mar 3, 2017 7:19am Mar 3, 2017 7:19am
okay i understand what you mean. (only because you use fishes as example)

so you build you positions until the price comes back?
Everyday better.
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