@gg53
Active 4 years, 4 months agogg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
Where all “Rivers” wants to go…
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
As you can see from the attached, even a relatively small NEWS movement (USD @15:30, few minutes ago) retrace to the 60% “LAW”…
It’s on EURUSD + EURJPY (correlated) and the USDJPY (opposite).
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
As you can see from the attached, even a relatively small NEWS movement retrace to the 60% “LAW”…
It’s on EURUSD + EURJPY (correlated) and the USDJPY (opposite).
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
Why watch and not trade ?!?! ;-}
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
Yeah… Now you know why I call it the “LAW” of big moves….
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
Gadi_Currencies support only the 8 major currencies, i.e. USD, GBP, JPY, AUD, NZD, CHF, CAD, EUR.
That was the max buffers limitation of the previous MT4 versions at that time.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
GBPUSD reached the 60% of the total move.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
GBPUSD reached the 60% of the total move.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
1. From your described situation I don’t think that you actually have a “winning” strategy.
2. It’s not “extremely tiring” to open a hedging position. You can do it at your own pace and will. Read again my notes.
3. Do it calmly, there is no rush, just win a few pips at a time.
But again, according to your description – I don’t think you have…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
Yes. But it’s not restricted to H1 – that was just an example.
If you use different background color for each – you will clearly see the market “sentiment” – it’s much the same method as “Market Profile” uses the Volume distribution during certain period.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
Answer to Q1:
Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:
1. Close the SHORT position, but remember where it was.
2. Let the long position run for just a few pips, let’s say 10 pips for example.
3. Put the SHORT hedged position again, in it’s pr…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
Answer to Q1:
Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:
1. Close the SHORT position, but remember where it was.
2. Let the long position run for just a few pips, let’s say 10 pips for example.
3. Put the SHORT hedged position again, in it’s pr…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
Answer to Q1:
Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:
1. Close the SHORT position, but remember where it was.
2. Let the long position run for just a few pips, let’s say 10 pips for example.
3. Put the SHORT hedged position again, in it’s pr…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
Answer to Q1:
Assuming you are in an hedged position, and you got a LONG entry signal according to your “winning” strategy. Now you do the following:
1. Close the SHORT position, but remember where it was.
2. Let the long position run for just a few pips, let’s say 10 pips for example.
3. Put the SHORT hedged position again, in it’s pr…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
There are two ways of getting out of an hedged position that I use:
1. When you got a strong entry signal (according to your “winning” strategy) – close the opposite hedge for just a few pips. once accomplished, return the opposite hedge. There is no TP in this, just reducing the loosing position with each entry until BE.
2. This method…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
There are two ways of getting out of an hedged position that I use:
1. When you got a strong entry signal (according to your “winning” strategy) – close the opposite hedge for just a few pips. once accomplished, return the opposite hedge. There is no TP in this, just reducing the loosing position with each entry until BE.
2. This method…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
I continue to use it on real acct.
Same Win/Loss ratio, profits && DD as before, nothing changed.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 6 months ago
I continue to use it on real acct.
Same profits && DD as before, nothing changed.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
To the RIGHT of H1 bar, opened @08:00 (current time is 08:55):
Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (stacked on the same bar – each in different color)
To the Right of the above bar:
Bar +2: 1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
To the RIGHT of H1 bar, opened @08:00 (current time is 08:55):
Bar +1: 1 M30 bar, closed @08:30, 1 M15 bar closed @08:15, 1 M15 bar closed @08:30, 6 M5 bars closed @08:30 (6 intervals of 5 minutes) (each in different color)
To the Right of the above bar:
Bar +2: 1 M15 bar closed @08:45, 3 M5 bars closed @08:45 (3 intervals of 5 minutes)
To…[Read more]
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