Jump to content


Next High Impact Market News Event:
Retrieving events...

Toggle shoutbox The Traders Chat Open the Shoutbox in a popup

@  roopem : (08 July 2020 - 02:16 AM) Does anyone know why the renko builder from MTH2014 doesn't work?
@  kalc : (02 July 2020 - 09:04 AM) trading has made me fat anyway TP ha ha
@  traderpusa : (02 July 2020 - 06:52 AM) @kalc, getting more fat every day under quarantine lol
@  kalc : (02 July 2020 - 04:01 AM) and by the way if that guy trys to sell you stuff dont buy it, he's just ripped off some indi's over at forex-station lol its all freely available
@  kalc : (02 July 2020 - 04:00 AM) lol hey TP hows it going young man
@  traderpusa : (01 July 2020 - 01:53 PM) So is the market lol
@  David : (30 June 2020 - 08:00 AM) yall are savage :D
@  David : (30 June 2020 - 08:00 AM) haha
@  Sambo : (29 June 2020 - 05:04 PM) If there's one thing i've learned, it's that the most profitable traders are the least boastful.
@  happyjas : (27 June 2020 - 09:50 PM) We understand what took place, you won a lot of money and bought a new "BMW M4 cake", you got down on your knees, put your little hands together and sounded like this: "My name is my name, if you ask me again I'll tell you the same, I won a lot of money, and already shove it on my candy back-end, but there's one problem, everyone knows already that I ABSOLUTELY SUCK."
@  happyjas : (26 June 2020 - 05:43 PM) the R8 Audi thing -_-
@  happyjas : (26 June 2020 - 05:42 PM) :unsure: 'Can't afford the BM thing, 'just got the 2018 Audi 2016 :(
@  happyjas : (26 June 2020 - 05:41 PM) :unsure: 'Ca
@  Dyabolus : (26 June 2020 - 03:45 AM) so were u verified by David at last? how about that 'pic'
@  David : (25 June 2020 - 04:48 PM) sure post a pic
@  euro_rapp : (25 June 2020 - 04:17 PM) sorry im bragging again, i sincerly apologize. Just wanted to share with you :(
@  euro_rapp : (25 June 2020 - 04:13 PM) By the way do you wanna see my new BMW M4?
@  euro_rapp : (25 June 2020 - 04:13 PM) where do you read that closure stuff?
@  happyjas : (25 June 2020 - 07:45 AM) thanks anyways MAster David, a million times :)
@  happyjas : (25 June 2020 - 07:41 AM) *closure

Photo

  • Please log in to reply
1811 replies to this topic

#41 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 04:38 AM

 

I do not know if this is the same pattern exactly.
And perhaps there are too many Candelle between the two circles, perhaps the distance should be minimal in order to be valid the pattern. This is what I believe.
Now only Wizdom can give an answer!
 
V.

 

thanks varvas , u have been really helpful here. so on the point... :D


  • menek and NguyenHung like this

#42 tootall

tootall

    Member

  • Members
  • PipPipPip
  • 790 posts

Posted 16 March 2016 - 04:49 AM


I do not know if this is the same pattern exactly.
And perhaps there are too many Candelle between the two circles, perhaps the distance should be minimal in order to be valid the pattern. This is what I believe.
Now only Wizdom can give an answer!

V.

I think maybe trade is taken at end of first bearish bar after the bull bars then all itm. On phone so can't explain on image.

#43 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 05:03 AM

Sure

1a8cfb981660bca9733b55314c1aafe2.png

the pattern in your first circle is different from the second circle beacuse in the first circle u have 4 candles while you have 3 candles in the second circle, if i was gonna spot and trade a similar pattern in that area, lemme show you in another picture


  • pngamotu likes this

#44 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 05:07 AM

hope you understand now? :)

Attached Thumbnails

  • 5.jpg

  • pngamotu and binarytek like this

#45 tootall

tootall

    Member

  • Members
  • PipPipPip
  • 790 posts

Posted 16 March 2016 - 05:09 AM

hope you understand now? :)

Thanks but please when do you take trade sorry if I'm being bit slow.

#46 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 05:28 AM

Thanks but please when do you take trade sorry if I'm being bit slow.

no, you are not being slow at all... i open trade at the close of signal candle...



#47 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 05:32 AM

already taken 7 trades dz morning.... left with 3 or more trades, would post setups and result



#48 victorckk

victorckk

    Member

  • Members
  • PipPip
  • 259 posts

Posted 16 March 2016 - 05:54 AM

 

already taken 7 trades dz morning.... left with 3 or more trades, would post setups and result

 

Hi wisdom, good job again :-).. getting to love your strategy. Started picking up BO only last dec and had been testing strategies to strategies and indicators to indicators....no consistent result and almost give up. Then I saw price action session in this forum and decided to give it a try..yes nothing beats price action... the basis of trading.. already had 6 itm and 1 otm this morning and I guess this is the type of trading style I want..leisure and relax.. thanks again and hope for more advice from you. good day

(sorry I couldn't upload my chart..have no idea what's the reason)

#49 tootall

tootall

    Member

  • Members
  • PipPipPip
  • 790 posts

Posted 16 March 2016 - 05:54 AM

no, you are not being slow at all... i open trade at the close of signal candle...

Ok thanks still don't know which one is signal candle :wacko: but will not labor the point, will look into it further as looks interesting.



#50 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 06:31 AM

Ok thanks still don't know which one is signal candle :wacko: but will not labor the point, will look into it further as looks interesting.

the signal candle is the 3rd bullish candle that completed the pattern, do you understand now? or want me to shwo picture?



#51 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 06:35 AM

   

Hi wisdom, good job again :-).. getting to love your strategy. Started picking up BO only last dec and had been testing strategies to strategies and indicators to indicators....no consistent result and almost give up. Then I saw price action session in this forum and decided to give it a try..yes nothing beats price action... the basis of trading.. already had 6 itm and 1 otm this morning and I guess this is the type of trading style I want..leisure and relax.. thanks again and hope for more advice from you. good day

(sorry I couldn't upload my chart..have no idea what's the reason)

thats the bitter truth mate, there we always be new indicators day by day and until u one gets tired of testing and testing, price action remains the best, never seen anyone who has been making it with a particular indicator for years without price action knowledge, but i know some who have been using price action for years and has always been getting and making money consistently. indicators fail because market condition changes, so if market condition change and you dont have price knowledge to support your indicator, you fail. but with price action knowledge, you can adapt to market change....happy with your results :D  :D  :D  :D



#52 tootall

tootall

    Member

  • Members
  • PipPipPip
  • 790 posts

Posted 16 March 2016 - 06:46 AM

the signal candle is the 3rd bullish candle that completed the pattern, do you understand now? or want me to shwo picture?

Sorry picture please.


  • binna77 likes this

#53 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 06:58 AM

Sorry picture please.

here you go

Attached Thumbnails

  • 5 (2).jpg

  • MasterBlaster, hp699flva and wilson_tan28 like this

#54 tootall

tootall

    Member

  • Members
  • PipPipPip
  • 790 posts

Posted 16 March 2016 - 07:08 AM

Thank you all is now clear. :blink:


  • binna77 likes this

#55 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 08:17 AM

Thank you all is now clear. :blink:

happy you got it now



#56 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 02:45 PM

Today was another good day, thanks to pa and the market



#57 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 02:47 PM

Trade 1    itm

 

Trade 2    itm

 

Trade 3    Itm

Attached Thumbnails

  • 1.jpg
  • 2.jpg
  • 3.jpg

  • sanathliyanage, binarytek and hy56 like this

#58 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 02:49 PM

Trade 4     Itm

 

Trade 5     Itm

 

Trade 6     Itm

Attached Thumbnails

  • 5.jpg
  • 6.jpg
  • 4.jpg

  • hy56 likes this

#59 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 02:53 PM

Trade 7    Itm

 

trade 8     Itm

 

trade 9     Itm

Attached Thumbnails

  • 7.jpg
  • 8.jpg
  • 9.jpg

  • binarytek and hy56 like this

#60 Wizdom

Wizdom

    Member

  • Members
  • PipPip
  • 310 posts

Posted 16 March 2016 - 02:55 PM

Trade 10 : Itm

Attached Thumbnails

  • 10.jpg

  • traderocks, binarytek, kcgeorge and 1 other like this





Also tagged with one or more of these keywords: pa, price action, binary option strategy, make money, best binary option strategy, best binary option method, high time frame stragey

0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


USA REGULATION NOTICE: There are many binary options companies which are not regulated within the United States. Most of these offshore companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA).

It is our STRONG opinion that you do not operate with any unregulated brokerage firm as they may steal or try to scam you out of every dime you have. Please take notice that any unregulated trading activity by U.S. Citizens should be considered unlawful.

Risk Disclosure: Binary Options Edge does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Edge doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.