izogrey

I also trade indices as my main favorite market: DAX_30 and Nasdaq_100. And I also trade sometimes futures: E-mini or micro Nasdaq_100, e-mini or micro S&P_500, mini-micro gold. That's why I marked also "others" in the poll.

Hi dear Admin,

 

I've been in this forum from 2011 and I have 40+ posts. If it is fit into rules, I'm interested in the FREE upgrade to the Lifetime VIP account.

Fail to return ( or Quasimodo or Over and Under or ... )

 

 

I will give you one comment at this point, as I think it is the most fundamental one for price reading.

Put a horizontal line to every High Or Low you mention, then scroll to the left and see the cause of the reaction.

 

That itself will help you understand how significant that level is. By this information, the picture of the forces balance will start to be clearer for you.

 

G

 

Hi there Gil,

 

Thanks a lot ! Even it was somehow cryptic, I think I got it! :)

 

I studied the FTR pattern ( linked with engulfing price action ) and S/R level that it creates and the influence on probabilities of returning a move which goes straight into those S/R levels ...

And I studied also "Over and Under" pattern ( or Quasimodo or whatever ... ) ( linked with sort of fake breakouts ).

 

I studied those two because when I put those horizontal lines, at the left was almost always one of two.

 

I want to crunch this for a while, but already my vision has modified: I search now moves which appears very powerful, but their probability of continuing over a S/D zone is weak, and the power of those moves just feed the power of the reversal ( because of weak probability ). Sort of contrarian ... This vision helps me to have a big picture ...

 

I have one more question, if you have some little time: which timeframes are better to use for identifying the decision points and S/D zones ? And I suppose the answer will be the larger ones .... :)

Hi there,

 

I have a little question, sorry if it's a little ******, but for me it's somehow important... :)

 

I noticed on the site that the platform used for trading is MT4. My question is: is MT4 hosted on some VPS ( where I will connect ) or is it just a connection from my locally installed MT4 ?

I ask this because my current network connection is behind a proxy ( which cut the MT4 port ) so I cannot currently use a locally installed MT4. But I could connect to a VPS.

 

Cheers.

Reversal study

 

Thank you for your great answer!

 

I understood that the micro-macro alignment give different powers ( in terms of probabilities ) to all the movements starting from a S/D zone. Not all of them have the same power ... Like the down move from point 1 into zone 4...it has no probability power, even if it is somewhat intense ... I will crunch this ideea for a while ... And I hope you will touch the micro-macro alignment subject in one of the future webinars ! :)

 

But, even if you said it's bad ideea to trade that upper decision point ( because of buyers being stronger ) ... I uploaded an image with my vision on this. Can you comment what's wrong there, or how you recommend to trade that situation ?

 

I mean, how do you know from the chart story that the force balance moved from buyers to sellers ?

 

http://i63.tinypic.com/iydhmr.png

Orderflow mess

 

Hi the5ers,

 

In the picture attached there are my common question about trading in S/D zones...

 

http://i67.tinypic.com/n20qac.png

 

When you have time, can you comment on these questions ?

 

 

The best.

Hi juicyt,

 

Do you want testers ?

 

If yes, I would like to involve ... :)

 

Cheers

Emotions are like electrical energy.

 

Electrical energy can be your enemy if it isn't correctly collected and driven. But if it is correctly transformed and distributed, it can give you light, heat, and can help you to process information.

 

So is it with your emotions. They aren't your enemy. They are your enemy only if you have a lack of consciousness and knowledge.

@izogrey

 

I'm totally new to forex. I`m still researching and developing my methods. I'm not super duper dude like those banks earn millions.

 

Hey, that's totally fine for me !!! :):) I wish you all the best, vibhatha, in learning and developing your TRADING methods.

 

But maybe pswbeta will share with us some hint in order to shorten our learning curve. :):):)

 

Cheers.

Sorry i mean this one, please upload to mediafire or 4share.

 

http://www.4shared.com/zip/HKBWy5CL/Divergence.html

Well, this is what I have:

 

http://[email protected]/zip/_fOwddea/indPA.html

 

Please give thanks to Diesel10 and fxfxfx ... It's their work ... :)

 

Good luck!

All 3 minus links dead. The links repaint!

Thanks Hermes

 

Well, this link will not repaint, at least for a while ... :):):)

 

http://www.4shared.com/zip/192GpwBZ/indi.html

@fadaid:

 

But nevertheless the main idea seems to be correct and suitable to this thread ... :)

 

 

My best wishes.:)

Hi pswbeta,

 

I'm just curious if you ever managed to reach your goal ( 2000 pips/month ).

 

If yes, which was the frequency of reaching this goal ? ( I mean how many months have you reached your goal ? )

 

Thanks a lot.

This is not a system, just a refurbished collection of two indicators which are available freely.

 

The so-called "BullPips CCI" is actually, Forex Freedom. The so-called "Retracement Finder" is actually, "Colored Woodies CCI".

 

Someone modified the indi names, packed them with a boring pdf with common-sense wisdom ( put SL on last swing, use 1:1 minimum R:R ) and cherry-picked trading situations ( always trend ) and sold them to anybody which payed for this.

I'm also in.

On the other hand you can try with a little software named "Magic Forex Intuition". It is on this forum.

I have also an ideea which, maybe, can help you, help others and help the quality of this thread, too :)

 

Maybe you can start with little preliminary information about your strategy and system, but this information should be something applicable. And then let give us, the others, a couple of days to apply this little chunk of information, and post our homeworks in this thread.

 

After this first round, let begin the second one. You tell us the second chunk of information ( based or not on the first chunk ). Give us another couple of days to apply it, and we will post our results also in this thread.

 

And repeat the steps, until the strategy and system are fully revealed.

 

I enjoyed at maximum this type of "forum action" in some other thread. It's fun, civilized and everybody will learn something. Of course, the one which will practise will learn the most.:)

 

And this way you are not very pressed in communicating with all of us. You have your time to prepare a certain stage of presentation, we have our time to apply something and learn.

 

After this, of course, if the things are going in a healthy way, other communication channels can be developed ( Skype ... ).

Yes, it works here.

 

But the template file isn't good. Just try to put the indicators on your chart, without using the template.

 

And Multipair is too CPU consuming, for my taste. :)

Hi vinodkrish_r,

 

For posting images:

 

1. go to imageshack.us;

2. upload your image ( previously saved by some tool );

3. put "Do not resize" at image size;

4. hit "Upload now";

5. you will obtain some fields with access links;

6. take the entire code from "Forums" field and put it in your post.

 

Hope it helps,

Cheers

Hi guys,

 

IMHO, I think that nothing is wrong here. Here it is why:

 

Trading activity suppose a human being with two strong complementary abilities: intuition and reasoning. This is why it's so hard to be good at this.

 

This method contains a synthesis of main elements for both categories - elements to help your good intuition and elements to help your good technical analysis. Even more, fxfxfx gave some references for further reading ( Nial Fuller, YTC ... ).

 

This method, as is described here, contains also the operational part: what to do every day, how can you construct your own analysis and trade management daily routine.

 

So maybe I'm wrong here, but it seems to me that the overall image of this method is complete.

 

Of course, this means nothing for the thread reader if he/she will not practice a while this method in order to "feel" and "think" about it - in order to harmonize his/her own intuition and reasoning. For this activity, there are two needed elements: the information, which i think is complete in this thread, and the will to do it, which depends on the thread reader. But fxfxfx already told us about this.

 

So, in my opinion, it's nothing sad here: this thread was the first step, and the second one is the personal transformation of every reader in a better trader. And I wish all of you good luck on this !!! :-)

 

Cheers

Hi nnn123,

 

you can use http://www.imageshack.us -> This is also what I use and obvioulsy also izogrey uses imageshack.us

 

Cheers

 

fxfxfx

 

Yep, that's right. I just go to imageshack, upload the image and set the option to "Do not resize" ( this is because I have a weird resolution on my laptop ).

 

Cheers

Hi fxfxfx,

 

Just another trade on UC.

 

Reason for the trade: candle pattern developed gradually at the confluence between 23.6 fibo, trend change line on main chart ( H4 ) and a SR line put by me on chart about a week ago.

 

First was the inside bar. I don't know why, but I don't like the ideea to trade the inside bars alone, on a breakout basis - maybe I don't have much experience with them, I have a little fear that, after breakout, the price will explode back into my nose ! :-), I mean it will retrace back rapidly.

 

After that, it was a false downward breakout, which is a long hint, but the trend on the main chart was down, so no action.

 

After, it was the very beautiful pinbar, which also made a double top with the inside bar, just at the trend change line and at 23.6 fibo, and at 7 pips from my own SR dotted line ( which was there for a little over a week ). This means down rejection. Trend on main chart down, but on D1 chart it's up yet. So ... I was shy and didn't start the trade. This hesitation had a cost of 18 pips ( from the close of the pin bar to the actual entry ).

 

http://img713.imageshack.us/img713/4919/ucpatternh4.jpg

 

But when on H1 I saw another very beautiful pinbar at another SR level put by me at the same time as the first one ( the greyed ellipse ), it seemed to me that the classical scenario breakout-pullback-continuation is on its way. I thought it is a surefire 100% successful entry ( as it can be in Forex ), so no more hesitations.

 

I locked 20 pips on 50% after the first H4 bar has finished, and the rest of 50% is on a free ride ...

 

http://img806.imageshack.us/img806/3509/ucentryh1.jpg

 

I think I understood something: that in your system, the filter for the bad situations isn't an indicator, but the correlation between the SR lines and the "quality" of patterns ( by quality I mean their location, their orientation and their relation with the already detected confluence SR regions - the blue rectangles ). This correlation is done by the human brain very fast, so no need for indies. This filter has as a result that the number of trades isn't high ( and this is a problem for an active person without selfcontrol ) but when it's a GO, the system gives you an edge.

 

So thank you for showing your equilibrated system and, if you have some comments, they are very welcomed.

 

Cheers.

Hi izogrey,

 

I allowed myself to analyze your chart ;)

 

I assume that the vertical lines are S/R-Lines ??? (Hopefully)

 

I looked at the daily chart and saw that during this period the daily-trend was UP -> So I only take trades when the 4-hourly is UP (So to say aligned with the daily-timeframe).

 

I circled the UP-Setups with a white circle... The only exception where I took a trade against the alignment was the PIN-BAR at the double-bottom as these kind of setups are so strong that they can change the trend.

 

All others I would have been skipped from my side (They anyway would not got triggered).

Entry-Bar at inside-bar is always the boundary of the outside-bar. SL is half of the Outside-bar. TP is RR of 1:2

 

EVERY SINGLE Setup would be SUCCESSFUL !!! NO Single loosing trade - So you have drawn very good lines ;)

 

Cheers

 

fxfxfx

 

 

Hi fxfxfx,

 

Thanks a lot for your comments.

 

Yes, after making the homeworks proposed by you, I can draw good SR lines :-) . Anyway, tomorrow morning I will reanalyse them as part of daily routine.

 

I just have two questions:

 

1) Do you trade inside bar pattern on a simple breakout basis - put an order at the boundary of the outside bar with its SL at half the outside bar and wait for the breakout ? Or there is another way in which you manage the entry ?

 

2) Can you locate the exception against the alignment ( pin bar at double bottom ) ? I cannot find it on the chart ...

 

Cheers

izogrey, do you know which folder the csv file is supposed to be in?

 

Rgds

RM

 

 

The csv file should be in experts/files folder, and the script, in experts/scripts folder.