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5 years and still no strategy

  • #1,901
  • May 19, 2017 11:36am May 19, 2017 11:36am
Quoting skyway
{quote} Chinese sausage plus some shrimps gives it the oomph. Lol
I do use regular sausages and shrimps sometimes, I'll try the Chinese ones or I'l mix a lil Chinese sausage and frankfurters
Read in between the price!!!
  • #1,902
  • May 19, 2017 11:38am May 19, 2017 11:38am
Quoting calebfx
{quote} Oh you should, only advise is to use sufficient chopped green pepper and black pepper powder, also when cooking the rice make sure you cook it a little beyond al dente, meaning it shouldn't be soft and mushy haha.
Don't use freshly cooked rice. Overnight rice that's from the fridge will do nicely.
  • #1,903
  • May 19, 2017 11:41am May 19, 2017 11:41am
Quoting yousername
{quote} Could you tell me what does this mean please? A doji with high volume. Thank you {image}
From this chart it isn't clear, but in this situation it is usually a bull trap. (You have great charts about this from a ff member called rocky. He really goes into a lot of details on this.)

This would mean first a push up on a smaller tf, usually starting at the price that served as a support/resistance. This drags in the weak buyers or triggers stop losses of weak sellers (the two are equivalent here, both are buying). The pros are using up their buy positions to establish their own sell positions. Once they are happy (and before the buyers are aware of any mischief) the pros push the price down rapidly, triggering any buyers' stop losses which then additionally accelerates the price down.

Both of these involve relatively large volumes of trades.

Note that longer tail of the candle is directed upwards - it adds to the conviction that one should not buy into this market.

k
  • #1,904
  • May 19, 2017 11:41am May 19, 2017 11:41am
Quoting calebfx
{quote} I do use regular sausages and shrimps sometimes, I'll try the Chinese ones or I'l mix a lil Chinese sausage and frankfurters
Quoting skyway
{quote} Don't use freshly cooked rice. Overnight rice that's from the fridge will do nicely.
Yes you guys are right regarding the rice should use a rice that been left overnight in the fridge.

With fresh shallot would be niceee. I love shallot and lots of them + green pepper.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,905
  • May 19, 2017 11:44am May 19, 2017 11:44am
Quoting kprsa
{quote} From this chart it isn't clear, but in this situation it is usually a bull trap. (You have great charts about this from a ff member called rocky. He really goes into a lot of details on this.) This would mean first a push up on a smaller tf, usually starting at the price that served as a support/resistance. This drags in the weak buyers or triggers stop losses of weak sellers (the two are equivalent here, both are buying). The pros are using up their buy positions to establish their own sell...
I was blind NOW I SEE!!!
I've asked this to classy, but no reply.
Man you saved me although it's late. Better late than never.
Thank you, God bless!
This is not investment/trading advise. Will not hold accountable for loss
  • #1,906
  • May 19, 2017 11:45am May 19, 2017 11:45am
Quoting yousername
{quote} {quote} Yes you guys are right regarding the rice should use a rice that been left overnight in the fridge. With fresh shallot is niceee. I love shallot and lots of them + green pepper.
Hahaha you are living the good life mate.
Read in between the price!!!
  • #1,907
  • May 19, 2017 11:45am May 19, 2017 11:45am
Quoting yousername
{quote} I think I got my answer already http://www.candlestickforum.com/PPF/...andlestick.asp Signal Enhancements 1. A gap away from the previous day's close sets up for a stronger reversal move. 2. Large volume on the signal day increases the chances that a blowoff day has occurred, although it is not a necessity. 3. It is more effective after a long candle body, usually an exagerated daily move compared to the normal daily trading range seen in the majority of the trend.
This is all true, but in addition I find it useful to realize the intention behind the market moves. There are only a few tricks big players can play to earn money consistently, this is one of them.

k
  • #1,908
  • May 19, 2017 11:47am May 19, 2017 11:47am
Quoting kprsa
{quote} This is all true, but in addition I find it useful to realize the intention behind the market moves. There are only a few tricks big players can play to earn money consistently, this is one of them. k
That was some nice lesson to end the week.
Thank you again buddy.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,909
  • May 19, 2017 11:49am May 19, 2017 11:49am
Quoting calebfx
{quote} Hahaha you are living the good life mate.
I'm grateful for it mate. Went through to many shit and hell too many time. I know hell is bad, that is why I choose to live a good life.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,910
  • May 19, 2017 11:56am May 19, 2017 11:56am
Quoting VEEFX
{quote} good but why go countertrend.... just do the same and add on dips..
Going countertrend as that is suggested by price(buy low sell high) but I also agree to your statement of buying dips and that is why I will attempt to do both at the same time ....

Next week that is.
Trade
  • #1,911
  • May 19, 2017 12:34pm May 19, 2017 12:34pm
Quoting yousername
{quote} Could you tell me what does this mean please? A doji with the highest volume compare to the last 12 candlesticks. Thank you {image}
volume is nothing but ticks going up and down which represents extreme indecisiveness in the marketplace. It gives no indication whether the next candle will go up or down.... maybe wicks on the doji reveal more on the direction than volume.
volume is USELESS in retail fx... just my 2 cents :-
Staying in my lane...
  • #1,912
  • May 19, 2017 12:49pm May 19, 2017 12:49pm
Quoting VEEFX
{quote} volume is nothing but ticks going up and down
Correct.

Quoting VEEFX
{quote} which represents extreme indecisiveness in the marketplace.
Incorrect. Long full candles with large volume represent strength behind the move. Weak volume candles are usually retraced.

Quoting VEEFX
{quote} volume is USELESS in retail fx...
Perhaps for you. I use it all the time: a) for determination of the strength of moves, b) for determination of the equilibrium price (vwap) c) for recognition of accumulation and distribution.

Cheers,
k
  • #1,913
  • May 19, 2017 3:11pm May 19, 2017 3:11pm
Quoting hilmy83
from trading, to cars, to religion, to food.. what's next? relationships?
Only if we're very unfortunate.
"The fun is in the hunt. Not the kill."
  • #1,914
  • Edited 4:13pm May 19, 2017 3:59pm | Edited 4:13pm
Quoting VEEFX
{quote} Good for you if it works... everything works sometimes but nothing works all the time. I was referring strictly to the doji... there was no mention of full candles and the rest. The tick right after the doji closes CANNOT determine the direction based on just the volume of that ONE doji candle. Please prove me wrong and show me how you would make a long or short directional decision based on JUST one doji candle volume.
Well, I may have misunderstood a part of your post.

I could probably trade based on a single candle alone I.e. It is possible to make money even if the market returns to the reference point.

But it is easier to read the market when a candle is put in context with respect to other candles. In the specific situation of the upswing in USDCAD, the naive trend followers have entered a bull trap and ended up with buy positions at the top. I think (I didn't check the lower tf chart) that the similar thing happened on smaller scale within the doji candle. (Interestingly the volume behaviour of both situations would be very similar between the single candle and swing level.)

The increased volume happens because of the triggered breakout buys+stop losses. The already mentioned ff member rocky covers that in his thread in great detail (and also shows where during the candle lifetimes the orders are triggered). It is really instructive to go through a few dozens of his charts.

k

(P.S. anyway, my method works for me: I have exited my oil buy trade and am done for this month )
  • #1,915
  • May 19, 2017 4:24pm May 19, 2017 4:24pm
ForexFactory is full of ninjas, when you see lots of invisible viewers on a thread, you know something is going on.
The truth is hidden from you
  • #1,916
  • May 19, 2017 5:20pm May 19, 2017 5:20pm
Quoting MaxenshteinD
ForexFactory is full of ninjas, when you see lots of invisible viewers on a thread, you know something is going on.
I catched 5 at max. Who did more?
Attached Image (click to enlarge)
Click to Enlarge Name: Invisible.PNG Size: 9 KB
  • #1,917
  • May 19, 2017 5:28pm May 19, 2017 5:28pm
Man, who cares how many invisible clowns lurk around.
  • #1,918
  • May 19, 2017 5:33pm May 19, 2017 5:33pm
Quoting kprsa
{quote} Correct. {quote} Incorrect. Long full candles with large volume represent strength behind the move. Weak volume candles are usually retraced. {quote} Perhaps for you. I use it all the time: a) for determination of the strength of moves, b) for determination...
Nice, i like it
This is not investment/trading advise. Will not hold accountable for loss
  • #1,919
  • May 19, 2017 7:24pm May 19, 2017 7:24pm
Quoting nix386
after 3 years i think today i jumped this probleme i think i finally found my hard strategy but an other psycological problem appears ..... whene i win i thnik hard it is a chance and whene i lose a position i find the reasons and i say to my self because i missed this or that rul !!!that make me angry ....i demo i am really better an idea a solution !!! help {image}
Well I don't know if anyone gave you a proper reply but if you tell me what time frame you primarily take your shots from I can give you a couple of ideas that could help.

N.B: Sometimes the problem is the strategy, if the reason you enter is off your exit would be off as well and you are merely gambling for a positive outcome.
Read in between the price!!!
  • #1,920
  • May 19, 2017 8:05pm May 19, 2017 8:05pm
Quoting VEEFX
{quote} YES.... please tell us as this is a subject of GRAVE importance (to me).... and hopefully move this thread into a trend reversal from the cooking and cars trading intra-session chatter into weekend of hard-core enlightenment
Lets add more gasoline into the fire. Lmfao
This is not investment/trading advise. Will not hold accountable for loss
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