"Batmans ears" is what I call it - and thanks for the heads up re Captain Jack. Had a look at some of his charts last night and will study more deeply on the weekend.
1
EurCad Analysis and Trading Ideas 594 replies
FSP Trading Journal and Trend Ideas 16 replies
Forex trading platform that doesn't take your ideas 11 replies
Program Your Trading Ideas without being a programmer 4 replies
Exchanging trading ideas 37 replies
Disliked{quote} I wish! We'd all be billionaires if there was. I just watch price action on different tf's to give me a clue and my research has shown that the higher the tf, the less likely price is to go all the way back. But no one can predict 100%. Are you ready to share your idea yet?Ignored
Disliked{quote} Well not really I am afraid. Thread is not dying but most people have no clue how to work with this at least remotely. I accept that, it's ok and I understand it. Without proper rules, people will not want to use this as much as other systems working with trend only. I have some idea and will work more but it's kinda hard.Ignored
Disliked{quote} That's sad. I don't see how we can have a clue if we don't know what's in your head. But I'll stop muddying the waters and leave you to explain once you are ready.Ignored
Dislikedjust lurking gu and au. its a lot of fun to play with using env as the source of action. {image}{image}Ignored
Disliked{quote} Hello Lowphat I know You from older threads, nice to see You here also. I wanted to ask if you came to any conclusion? I believe you had some nice ideas before so let me know if You see something. You have some nice screenshots here because price reacted as it should. I believe hepsibah got really nice idea but I want to explore it more and add something to it. However it is not easy as I thought.Ignored
Disliked{quote} Ive only checked out the cross/touch then scan for entry to trade in that direction. I wait for PA confluence for entry and sometimes exit. i have only taken a few trades so i would need a bit more to try and see if there are refinements. There is something interesting going thoughIgnored
When this happens, we should have 100% resistance (or support) point. I noticed it few times already, and it should be checked.
OR... Use my old trading style that will give you profit no matter how you trade. You will always get a profit with proper MM. Just use 1 lot all the time without changing it when you lose and you will be good. As you can see, simple trendline will give you great entry point when retrace happens. And that happens a LOT. (Green arrows)
I still recommend going with tick charts. Because you will see lot of activity and you can see reversals before it happens. You will feel it when you try it for some time. Highly recommend it
Oh and I see I forgot to point to another buy entry. There should be second green arrow. Price touched it one more time.
DislikedI got one idea (Thanks to Hepsibah) Before any trade, we should check for two things: We should make line where intersection on indicator should appear as hepsibah said. (line 1.13877) Price should touch upper (line 1.14450) (in this example) channel and at the same time, indicator should touch lower point of upper channel. When this happens, we should have 100% resistance (or support) point. I noticed it few times already, and it should be checked. OR... Use my old trading style that will give you profit no matter how you trade. You will...Ignored
DislikedThere is a touch/cross over on EU h4 currently (though this will disappear if the lower channel goes up and takes out the spike). So, to test your idea, we should wait until price goes above the latest spike down on the upper channel to enter short? At the moment, the latest spike is the top line on the chart but I would expect there to be a subsequent lower spike if price moves down. This could work well, let's see how it plays out on EU {image}Ignored
Disliked{quote} Ok Thanks my friend. And one more question about boxes you have on chart.Ignored
//@version=3 study("Keltner Zelibobla)", shorttitle="Keltner ", overlay=true) price = close // build Keltner keltnerLength = input(defval=1, minval=1, title="Keltner EMA Period Length") keltnerATRLength = input(defval=10, minval=1, title="Keltner ATR Period Length (the same as EMA length in classic Keltner Channels)") keltnerDeviation = input(defval=3, minval=1, maxval=15, title="Keltner band width (in ATRs)") EMA = sma(price, keltnerLength) ATR = atr(keltnerATRLength) top = EMA + ATR * keltnerDeviation bottom = EMA - ATR * keltnerDeviation plot(EMA, color=aqua,title="EMA") p1 = plot(top, color=silver,title="Keltner top") p2 = plot(bottom, color=silver,title="Keltner bottom") fill(p1, p2)
DislikedI got one idea (Thanks to Hepsibah) Before any trade, we should check for two things: We should make line where intersection on indicator should appear as hepsibah said. (line 1.13877) Price should touch upper (line 1.14450) (in this example) channel and at the same time, indicator should touch lower point of upper channel. When this happens, we should have 100% resistance (or support) point. I noticed it few times already, and it should be checked. OR... Use my old trading style that will give you profit no matter how you trade. You will...Ignored