What Really Turned My Trading Around

[Aztrader2]

I am now trading only with CC and BB. My chart is clean and so is my mind

Sorry… Bollinger Bands and…?

[rbert25sg]

Candlestick Chart

Sorry… Bollinger Bands and…?

[Silver1surfer]

Nice. I just cut and paste whatever that is necessary. Leaving out the ‘noise’.

Gonna send u by email; check your PM pls. Thanks.

Hi Relativity

I was reading the thread… I have been writing and trying… from page 1 too I have got to GMMA… and have been trading the demo account… an archving

Can you please forward to me too… thanks…

There’s so much happening… here… thank you ever so much for the perspective… I realized after my first few questions… that I just need to RTFM… on the thread… most of the time… and someone has asked the question and posted a chart already… I only hope am catchingup… and reading some on the current threads… am worried if the the earlier one are obsolete :)… may I should change my strategy to catching up on the threads… LOL

Thank you once again…

[Jeffreyvnlk]

Sorry i can not find MP with MTF setting for downloanding. Google search again ?

[guandi]

Hello Relativity,

for MIDAS, do take a look at the new book by Andrew Coles and David Hawkins. it is a updated version of MIDAS and i think it is very well-done.

again i think the libaries have it but only in the reference section.

best regards.

• guandi

[Jeffreyvnlk]

IMO, trendstacker seems to be good in weekly. Btw, using wave of Ws and Ms from Arthur A. Merrill giving any edge ?

[guandi]

Hello Relativity,

or set up your own research house.

best regards.

• guandi

Damn. So many things / myths in trading I want to test + gather statistics. I guess the best bet is to go full time eh?

• Proof of 3xCC in all timeframes
• Volume based wave analysis
• 50% price retracements; where and when to apply correctly
• Market sessions dynamics; does the Sydney market session (1st 8 hours) affect the rest (next 16 hours)?
• The true midpoint (MP vs Range divide by 50)
• Price behavior around rounded numbers
• News impact deviations; how strong are black swans in FX? 3/4/5 std devs?
• Using greeks risk management
• Tick volume ‘performance rating’ (an idea to improve tick volume to simulate contracts volume as close as possible)
• Significance certain locations of price opens / closes in candlesticks (related to 1/4 1/2 1/4)
• Barros swings in relation to MIDAs / Anchored moving averages
• GMMA in relation to MIDAs / Anchored moving averages
• MP in relation to MIDAs / Anchored moving averages
• Using weekly/monthly opens as starting point of trends VS using WA price extremes
• Weekly based PA / WA fractals
• Does the ‘1st day’ (24 hours) of the week affect the rest (96 hours)?
• Plotting out what banks see and key price levels they are interested in (!!!)

[guandi]

Hello Relativity,

i mean you will need to set up a proper research house like hiring “researchers” and paying them a salary etc…

best regards.

• guandi

I’ve considered that, but I have my doubts about the ‘group commitment’ part, which might not be possible to avoid. Thats why I’ve always worked alone + collaborated with a few other guys I know only on a ‘freelance’ basis.

[Jeffreyvnlk]

Damn. So many things / myths in trading I want to test + gather statistics. I guess the best bet is to go full time eh?

• Proof of 3xCC in all timeframes
• Volume based wave analysis
• 50% price retracements; where and when to apply correctly
• Market sessions dynamics; does the Sydney market session (1st 8 hours) affect the rest (next 16 hours)?
• The true midpoint (MP vs Range divide by 50)
• Price behavior around rounded numbers
• News impact deviations; how strong are black swans in FX? 3/4/5 std devs?
• Using greeks risk management
• Tick volume ‘performance rating’ (an idea to improve tick volume to simulate contracts volume as close as possible)
• Significance certain locations of price opens / closes in candlesticks (related to 1/4 1/2 1/4)
• Barros swings in relation to MIDAs / Anchored moving averages
• GMMA in relation to MIDAs / Anchored moving averages
• MP in relation to MIDAs / Anchored moving averages
• Using weekly/monthly opens as starting point of trends VS using WA price extremes
• Weekly based PA / WA fractals
• Does the ‘1st day’ (24 hours) of the week affect the rest (96 hours)?
• Plotting out what banks see and key price levels they are interested in (!!!)
• Carry Trades; does it take more time for price to go up than to go down? If so, how much in relation to interest differences?

I always assume no one is gonna tell me these answers. Gonna have to find them myself.

Glad if you prove by statistics:
-Sydney about price discovery, and try to hit all stop loss of both directions from last NY session so yes, it set tone for the rest of the day
-Usually 50% will be hit twice

• any idea about Libor fixing, option expires of the days ? Considering that, the catalyst of fx market just hitting stop-loss and defending barrier options
• Central Banks ? BIS defenses at a particular level ?

[guandi]

Hello Relativity,

may be you can seek out Ray, i think he is always striving to improve via research and it dovetails with what you does : MP, wave analysis, pivots, wychoff vol stuff etc.

best regards.

• guandi

Ah that.

Rubs hands with glee

This is one of those long term things; I have personal views on this. IMO I prefer to get like minded people who also trade, rather than ‘researchers and paying them a salary’. This way we trade as a team. I’ve considered working this with a few close people I know in SG. They are like minded, they have their monetary successes, but they don’t trade. I do appreciate the support I am getting, especially psychologically.

My options are :
1-Make a few million ‘alone’, then retire (initial plan)
2-Make half a million, then do what you suggested, then make more money
3-Work with Masterforex (but language barrier… argg…)
4-Work with that certain controversial trader (highly doubt thou)
5-Work with the current trading peers I have, but closer (likely at this point)

This is really my personal ‘problem’. I like to go hard on myself, so I know I tend to go hard on others (something I’ve observed myself when I lead teams). So the idea of employing someone to do something for me puts me off.

[guandi]

Hello Relativity,

Or you can try this:

� Contact Ray Barros Blog for Trading Success: Ray Barros

Best regards.

• guandi

Time to try contacting him through his blog? =O

[Jeffreyvnlk]

I see a blog which you can be Barros’ student somehow. Dont know how much fee
Guess he trading decade trends so in free time why not receiving students wanting to learn fr him ?

[Aztrader2]

Once someone said about trading: “KISS”…

[guandi]

Hello Relativity,

sounds like MIDAS. :57:

Best regards.

• guandi

Applying the same concept that I did onto tick volume; onto the data you see above. Anchored the start of the ‘wave’ onto the weekly open. Added 3 levels of std devs on both the upside and downside. Treating it like SR or just follow the flow. Its somewhat an alternative to WA. Going to find ways to improve the accuracy of the basic ‘formula’ (frankly, its really nothing more than the average data; if I have success getting it right to predict tick volume, why not this?).

[Aztrader2]

Fixed my flawed data gathering. It looks much clearer now.

Looks like this? LOL
Mandelbrot set - Wikipedia, the free encyclopedia

And…what should it mean this nice painting…?

[Aztrader2]

Just a means of knowing when not to be stupid in the market => minimize mistakes and the rest will naturally be in order.

Actually lol if you look carefully, it does paint a clear picture of a typical week in the market.

Waves doesn’t seems so typical…
Or, do you mean price movement/white lines of your indi?

[Aztrader2]

Lol no not that way.
Yellow Vline to yellow Vline = 1 week : Monday => Friday
White Lines = typical wave
Heres one for your view. An ‘uptrend’ The basic one without standard dev. Zoomed in for you.

This is still beta, but looks very promising.

I have this indi: Market Statistic v4.1… where differs from your indi?

[colmex]

hey Rel/everyone,
So I’ve been kinda busy getting back in the rhythm of being in school, and I’ve been working on compiling and commenting the thread. Its getting pretty long mainly because I’ve tried expanding and explaining the concept of flexibility as much as possible. I’ve recently been using a lot of the XXXxxx charts such as EURxxx, USDxxx and so on and I gotta say its a really powerful tool to see what is actually happening with the pairs. I’ve also been seeing how powerful excel is, and I think in school I might take a course on it as one of my electives. Realistically it’d probably be helpful as MT4 might not be around forever.

[guandi]

Hello Relativity

some thoughts, ever think of applying Heiken Ashi on your USDxxx or EURxxx charts?
Duane Archer is quite into swings together with James Bickford (in fact they have written a few forex books together on swing analysis).
Do check out Duane’s goodman stuff too.

Best regards.

• guandi

[guandi]

Hello Relativity,

if one is looking to filtered noise and look for trends, heiken ashi are nice and can be enhanced quite nicely with haDelta. heiken ashi gives us the visual aspect while haDelta provide the quantitative aspect of it. just my2cents.

Goodman stuff are simple in theory, everything distilled down to 1-2-3 and the measured move, more quantifiable compared to elliot…

best regards.

• guandi

Hmmm I’ve actually have plans to apply GMMA and anchored MAs onto the XXXxxx charts. Heiken Ashi might get overcomplicated for me. Why did you consider it anyway?

Yes I am aware of Duane Archer / Goodman Swings =>