haha wow, im very impressed.
My question is why do you diversify into different brokers and thus different accts? why not just have it all in one acct?
haha wow, im very impressed.
My question is why do you diversify into different brokers and thus different accts? why not just have it all in one acct?
Hi @TYGMedia, I will show you what i mean.
let interestrate = 0.3;
interestrate = 1;
console.log (interestrate)
it creates that when logged to console.
when i was watching the youtube video i didnt really understand what this meant
I feel im so brainwashed and blinded by social media when these fake guru’s post them in hawaii making 10k a trade haha.
I used to think that was true but now its just a fantasy hearing it from yourself
Hi @tomo22, let say you have 300k, put into account. You know the best broker on earth. Can you be sure, the broker will never has problem? When problem comes, you can’t withdraw, all of your hard-works will be on risk.
If you have 300k, you split them to 6 brokers, each of them 50k, when one goes down, you still have others 5. If you really want to have all money in 1 account, make sure that will be only 5% from of your total asset.
In the past, there was a well-known broker. When the broker got problem, it took 4 years to have my fund back. I got only 65% of my fund, the rest was pocketed by the liquidator. If the broker is a scammer … if you have wife, don’t let her know
It probably can be done, it’s just I don’t know how to do it
Hi @tomo22, yes, here is how to interprete the script
let interestrate = 0.3;
Tell JVM to declare interestrate as a variable with 0.3 for initial value.
interestrate = 1;
Change the value of interestrate into 1.
console.log (interestrate)
Print the value of interestrate at console.
When the interestrate goes outside a scope ( ), the variable will be invalid.
In this case, you can use var instead of Let. Also, you don’t need to assign 1 to interestrate, the 0.3 is a waste.
The proper way to use Let
var tmp = 10;
if (tmp===10)
{
let varScope = 50 + tmp;
console.log ("in scope ", varScope);
// it will print in scope 60.
}
// varScope will perish here, outside the scope.
hi, @TYGMedia
doesn’t VAR lead to more issues though? how do you know when to use var and let. is it because let is block scoped whereas, var is allows for redeclaration?
Hi @tomo22, everything depend on our design.
The use of var is important when we need global variable. If we need a local variable, we use let. Var is used to declare property in object as well.
console.write causes an error. Ive used console.log instead
Hi @tomo22, Sorry my mistake. It should be console.log(…
Console.Write is C#
I just want to explain the different between var and let.
Let will only available in a scope. When there is no scope, both let and var have no different.
okay thank you very much
hi @TYGMedia,
I just want some clarification.
If sell side/buyside liqudity is tapped generally speaking would you buy or sell? sometimes i get confused by this conception.
should it be more how price is reacting? for instance if sell side liquidity is created and has sharp rejections from that POI we would buy off that sharp rejection
Hi @tomo22, If you have this condition, you need to move up to higher TF. It won’t overlapping … If HTF tells specific trend, I will follow information from HTF
hi @TYGMedia, i meant so in where long wicks are created. This may still occur on 1hr or 4hr TF i will show example.
also im finding another pattern within EURUSD. Im noticing that when market trends to a SNR it is a strong/valid SNR market will start to range. depending on the PA within this range such as looking at tails,bodies and overall form of the candlesticks we can identify whether market will either head towards a rally or drop (reverse or trend continuation) i find this really interesting
Hi @tomo22, sorry for my late reply. I was fixing trading servers last few days, hackers are working hard lately.
It seems that you are confused by structure of different time frames .
Sometime they are overlapped, but you still have to distinguish them.
When you can see the same happens to all TF, you have to follow the higher TF. When they are different, remember lower TF has weaker effect. You have to look at the formation on higher TF. Never put target outside the range of higher TF when you are have to open position against global trend, wiser to follow the trend.
The secnario RBR or DBD happen during bull/bear flag. Always anticipate those conditions.
Hi @TYGMedia, don’t apologize it’s okay
okay thank you. so when you say “You have to look at the formation on higher TF. Never put target outside the range of higher TF when you are have to open position against global trend, wiser to follow the trend.” what do you mean by “Never put target outside the range of higher TF”?
what are the hackers getting into??
also how do you trade with your EMA? does it work such as if it trends below current market you would long vise versa for short?
Hi @tomo22, finally I can get rid the hacker . I have infrastructures for trading. They tried to get access endlessly, slowed down my server, flooded by warning and logs.
For example, you have a buy signal in M15, at the same time you also can see Sell signal. You have to check on H1, You have to look HTF, find SnR. Most beginner only think of trading TF, they don’t look at HTF. The strong movement in LTF can be a tiny rejection or correction at HTF. When they are implicating each other, stay away. I don’t say you can’t trade, you need experience. This kind of situation happens a lot, one of the trick is, looking at HTF, the SnR. If you have space to move in HTF, you can open position using LTF, as long as your target profit in within SnR you find at HTF. Don’t mention breakout first, harder to explain
All type of MAs are very handy. It can be used as both trending indicator and breakout signal. You only need to observe how it react base on your preference SMC or PA.
Example: When you see CHOC or BOS, look at how MA tells you.
All indicators have to be used as tools to magnify your analytical skill, not otherwise.
Hi @TYGMedia, sorry for the late reply i have been extremely fixated on the presidential election and my BTC stance.
thank you for the explanation for HTF and LTF, that really helps.
When talking about the EMA. is it sometimes risky to use it for a trending indicator since indicators are lagging? Also how would EMA be used for a breakout? i understand that price usually retraces back to emas and it may cross to the other side is that a potential signal? if you could expand here that would be amazing!
is this an example of breakout EMA?
(red arrow)
An indicator becomes leading or lagging is really rely on how we use it. Example, MA when you use it to find a candle crossover, it will be leading on lower TF, when you do in on higher TF it will be lagging.
For example you use MA 20 for trading EURUSD on H1, it will be lagging about 10 -30 pips. But when you use MA on M5 to trade H1 chart, your MA will tell you sooner probably bellow 15 pips. Question is, will it be reliable?
If you don’t have basic to analyse chart, indicator will mislead you a lot. Not every candle cross has meaning. So you need to combine the way to use indicator with your other methodology. Indicator is used to give you indication only. The way you make conclusion from combining then will be the important part.
You may say breakout EMA, I will say it Candle Crossing. When you use it this way, MA may tell you there is an opportunity. You have to analyze the whole market before making decision. The candle cross won’t tell anything. It’s just telling you there is something in the market.