Random Walk (The unbeatable!)

Quoting kfarawi

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profit hit to the pip...unbelievable...there's something really valuable in this strategy...will do 20 trades and see the results...it's all about stats right ? anyway...thank you The Hun for sharing. {image}

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Quoting Piphoarder

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Very nice and clean System Here its my screen shot from yesterday on USDCAD {image}

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Quoting GoldTheHun

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{quote} kfarawi, I am glad and thank you sharing your result. As you know this is not an automatic method. The trader must follow how the price action is behaving around those lines. As I have mentioned before, once one gets a hang of it, he or she can devise so many entry techniques unique to themselves. Good Luck once again....

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Quoting Jack168

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When random walk of price is more possible in quiet market condition or volatility market condition? If price is stayed or stucked above D1 Resp 0 or D1 Resp 1, like spx for today, does it mean random walk end? A directional bias of price move is unfold in future bars? or the rest of day?

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Quoting GoldTheHun

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{quote} Random walk never ends. As you see in the spx today, the price action respects the levels very much. I personally shorted spx at 2358. I believe there is enough time for the price to touch D1Res0. We will see.. Potentially with the time left there is a small chance that it can go down to 2350, if it doesn't make a new high. Good Luck...

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Quoting Cobra

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Which UK broker do you recommend? I notice that my demo brokers all have different S/R levels for the same currency pair. It is frustrating to see that , as the accuracy of the levels is most important for the system to have consistency.

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Quoting Allthings-R1

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{quote} Hi Cobra, Ive got the same trouble. 3 different brokers, 3 different levels. Maybe it is the true nature of randomness more seriously, this "method" is quite attractive to me but such a disparity in levels changes all fibs from broker to broker. Difficult to trust which one is the "guiding light". Hope we can find the way. nice day and green trading!

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Quoting mattkirby

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Which timezone do you use for the settings Gold? Cause different timezones mean different refreshing time and different Levels........

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Quoting Cobra

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Which UK broker do you recommend? I notice that my demo brokers all have different S/R levels for the same currency pair. It is frustrating to see that , as the accuracy of the levels is most important for the system to have consistency.

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Quoting GoldTheHun

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{quote} The levels can not change from broker to broker as long as you have at least 1500 of 5 minute bars. Some brokers set a different time as open prices, so this would be the only reason of discrepancy... Good luck...

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Quoting Cobra

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{quote} Thx for replying. How do i make sure i have at least 1500 bars on my 5 min? Which broker do you recommend for the correct "opening" price? G

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Quoting GoldTheHun

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{quote} Hi mattkirby, When first new tick start coming on weekly open that is your open for the day. For example first weekly start of USA would be at 17:00 est. It would be 00:00 for Athens. So weekly open is is the real open, doesn't matter where you live. So the same hour of the weekly open would be your open each day.... Good Luck

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Quoting mattkirby

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{quote} Thanks fr the Reply. I got this. But what I wanted to say is that the daily Levels are different in reference which timezone your Broker is. So when you have 3 Broker in different timezones you have 3 different daily Levels........ question is which one is the best???

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