Clear as crystal. The only thing one left to control is no over-trading and risk % on capital relative to SL space.

Edge v6

Hi Thoughts. Thank you. yes every day gets better in terms of quality. I just take it as it comes.

Edge v6

This is why eventually I went back to working on range bars created by M1 candles. MT4 doesn't really support true tick, so this is the best I could do for now. Yes. But I've learned a lot working on it. 70% of failed breakouts will eventually ...

MMLCv22 : Intraday Journal

How I see it; A chart itself, is already an indicator by itself in the purest sense. Tick, line, time bar, range bar, renko, Jchart...etc The core business of indicators is to organically organize the price/time data in such a way, that it reflects ...

Theory on the first creation of indicators

EJ grinding around because rotating around last 2 D1s / higher timeframe structure.

null

Decided to do an post update. MMLCv22 is finally close to answering the question 'when will a (breakout) trend end'? image

MMLCv22 : Intraday Journal

What happened upon yesterday's news. This is much clearer now to link up fundamentals with how price (EURJPY) will move and how far (e.g. when and why it will move beyond 180-200 ext). Very good. image Look at this current low and one can ...

MMLCv22 : Intraday Journal

SDR (Special Drawing Rights); a proxy for EURxxx and xxxJPY url ...extracting the data and converting it into MT4 charts; image image But the data is delayed ; url The IMF posts Representative and SDR exchange rates every 20 minutes from ...

MMLCv22 : Intraday Journal

Decided to post here since it is still a relevant thread for certain things I wish to express. Recently a few months ago I had a major operation to manage a health issue I had since birth. It was a success and I appreciate the well wishes from ...

Rel's Philosophy of Trading Discussion

Adjusted MMLC for windows tablet PC usage. image Possible H&S, but I see this as a lagging / sideways pattern until a break happens. image There we go. image Took a small loss. That's fine. Next! image

MMLCv22 : Intraday Journal

Good trading is boring. Really. A lot of it is repetitive once you have a working model. The only thing exciting are the unsolved puzzles / weaknesses in the system. I am always trying to find them in order to increase my edge. I took my time to ...

MMLCv22 : Intraday Journal

EMA issue fixed. Using a filter to use EMA or LWMA + variable period according to specific situations. All done according by PTe as advised. It looks much better now, with way less bad signals. Changed some colors for the zones and adjusted the ...

MMLCv22 : Intraday Journal

Double checking PTe again. I am aware of the significant bump around M30/M45/H1, but there's something else I am suspecting. Would be back when I've confirmed the finding. image

MMLCv22 : Intraday Journal

Very nice. image Stuck in another range again. image PLTE 123 pattern. Will stop journal for a while as I've found a way to fix EMA's weakness. image

MMLCv22 : Intraday Journal

Price now about 180-200 ext via RB swings + confluence with the big zone. Longs are possible, but don't forget the upper zone limit. image Wednesday morning : Squeeze occurring as the zones since yesterday narrow in, now about 20 pips size. Wait ...

MMLCv22 : Intraday Journal

Tuesday begins. Price did stall around the area as expected, with little/no news to driven price. There was a retrace down, but not much with 20 pips. Overall bias is now currently on longs. image TLPE (time lag price efficient) 123 pattern ...

MMLCv22 : Intraday Journal

Price continued to stay in anticipated ranges (about 40-55 pips). Now there is news coming. Let's see what happens. image Still in the middle. Waiting. image Price tries to break up but there's EMA resistance remaining. image Last chance ...

MMLCv22 : Intraday Journal

Struggles to go up, price now stuck between the 2 zones, with a slight downside. image Price still stuck between the 2 zones, but trade accordingly. image Price challenged and broke the lower zone. Driven by news. image Price driven by more ...

MMLCv22 : Intraday Journal

Start of the Monday. image Breakout occurs. image Bounce from breakout zone, tries to continue down, driven by news. image Continues down abit, bounces back up to form a up leg retracement. Seems to stop at 60% retracement of previous down leg ...

MMLCv22 : Intraday Journal