The fact is we can see from past OHLC data that a very high percentage of the time price moves from open. It is the same whatever time-frame you choose (m1,h1,h6, d1,d2). So given time we know that price is going to move at some point. How much? Who ...

Trading made simple with added BS

Firstly, respect to anyone who claims to trade these levels successfully and has done so consistently over the years. I am yet to see any evidence that proves that these levels work better than 50:50. I agree it is up to each individual trader to ...

Why 61.8%?

Lol don't all rush at once! Just to say that a friend sorted this for me, so please ignore this request now.

Export to Excel

Hi, Appreciate if someone could kindly write a script that enables me to export the swing points created by the attached indicator into Excel for analysis please. Regards Neio

Export to Excel

I like your analogies. In some ways you could say that they have a predetermined future because you send your kids to school and you expect that they will take exams and get grades at the end of it, which you then expect them to use to ...

What are similarities between trading and gambling?

Thanks Copernicus, completely agree with you on this, many answers are found in nature. My view is that there is a lot of intelligence and design within nature that we can learn from. Really cool video on tensegrity. Food for thought. Just wish I ...

Forex Trading Philosophy

Just to clarify I am not trading this system but it aligns very well with the way I trade. I like the quick and easy view that aims to keep you on the right side of the market and to keep you out when it is in a tighter range. It allows the trader ...

Dynamic Fibonacci Grid

Excellent videos Tashkent, many thanks for sharing. I particularly liked these sections in the first video: image image Even though it is a complex system there is a bit of predictability in the relationship between the fish and the plankton. ...

Forex Trading Philosophy

Hi AO, Just wanted to pop-in to say that I really like the grid chart idea and the way you have implemented it in mt4. It is a quick and easy way to see what is where. Also like the your reference point of the h1 candle. Great work. Regards Neio

Dynamic Fibonacci Grid

Averaging helps to smooth things out in our vision. video Regards Neio

The Market's Illusions & The Human Brain

Here is what I think...(apologies for any scientific inaccuracies) Gann was wrong because he was trying to predict a point in time where price should move to. Price moves regardless of time. Time is something that appears to us to move linearly (4th ...

A jump to the beginning - chaos and market forces

Keep 'em coming CP. Another quote from another Master...Jesse Livermore "Do not anticipate and move without market confirmation - being a little late in your trade is your insurance that you are right or wrong" J. Livermore - How to Trade ...

Which type of trader are you?

Hi Matheszabi, You know you can just configure the standard MACD to do the same as that indicator right? However I believe you are on the right track. image To be honest I am not surprised that you got no replies to your opening post as what you ...

Uptrend, Ranging or Downtrend?

Replying to your quote but not directed at you. I agree in part, we have to live with the "reality of our decision". The reality is what plays out and we have to accept when we enter a trade. The reality is that the market can and will go against us ...

How do you trade breakout without bleeding to death?

Backed up by the masters... "An expert can readily distinguish between a change of trend and a reaction. When his mental barometer indicates a change he does not wait for a stop order to be caught, but cleans house or reverses his position in a ...

How do you trade breakout without bleeding to death?

"Two states differing by imperceptible amounts may eventually evolve into two considerably different states ... If, then, there is any error whatever in observing the present state — and in any real system such errors seem inevitable — an acceptable ...

A jump to the beginning - chaos and market forces

So everyone interested in this thread should be asking and finding answers to questions. How would you successfully trade a single candlestick? We know we can expect movement. So how do you capitalise on that movement? Thinking about when to enter. ...

Higher Edge within a Single Candlestick

We can all see patterns and levels so why are we not all profitable? Is that what really makes them profitable? Why is everyone not doing it then and making money? Are we just not seeing the levels or the patterns? Why are so many people getting it ...

There is No Edge in a Single Candlestick

So you know there are orders...but can you tell me what will happen when price hits those orders? Exactly, Price will either move up or down. See I told you the same thing (that price moves up or down from a point) from one candle that it took you ...

There is No Edge in a Single Candlestick

So what have we learned from the analysis of the extra candles that you require? That basically price can either go up or down? Genius

There is No Edge in a Single Candlestick