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@  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
@  happyjas : (25 June 2020 - 07:39 AM) feeling anxious about what I read about BOE (the enclosure, i guess) :(
@  David : (25 June 2020 - 07:18 AM) good how about you happy?
@  happyjas : (25 June 2020 - 07:16 AM) hello MAster David, how are you?
@  David : (25 June 2020 - 06:23 AM) good morning guys
@  happyjas : (21 June 2020 - 05:09 PM) Alive and Kickin' B)

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My Personal 30 Minutes Binary Options Strategy

Binary Options Strategy 30 minutes Strategy Price Action Strategy

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67 replies to this topic

#21 homero15

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Posted 03 August 2016 - 09:18 AM

So, what exactly is a tweezer - some say double/equal bottom/top, some say with wicks, some say equal bottom/top but engulfing?

z3uZE74.png


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#22 freemenn

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Posted 04 August 2016 - 07:49 AM

I tried this strat for last 2 days but It seems this  will let you loose more that you earn in the long run....

 

Just my personal 2 cent comment


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#23 uptrend

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Posted 05 August 2016 - 07:15 AM

the problem is there is not enough information and rules to test this strategy at all so there is no point unless ken comes on here to explain which he won't as he is just advertising his website and signal service.

 

some days have been good for me but others break even or small loss, i have traded 7 days overall and have 58% ITM. 


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#24 sehanw

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Posted 05 August 2016 - 07:43 PM

the problem is there is not enough information and rules to test this strategy at all so there is no point unless ken comes on here to explain which he won't as he is just advertising his website and signal service.

 

some days have been good for me but others break even or small loss, i have traded 7 days overall and have 58% ITM. 

 

Don't promote this thread, he just want people to sign in with him for his broker.  



#25 Battery

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Posted 18 September 2016 - 04:37 PM

Don't promote this thread, he just want people to sign in with him for his broker.  

LOL. I'd hardly call a 58% ITM rate 'promoting' . I also tried this system and agree with many others who posted. I tried this for a couple of days with a group chat from facebook and after 2/13 ITM. I decided to move away from this.

The instructions/rules on the pdf appear easy to follow but the images he uses to describe when to take a trade shows something different, he doesn't follow his own rules of 8 candles. Some 'screenshots' have  6, 10 & 14 candle lines, and the 4 of the 6 examples he shows of the 'engulfing & tweezer' candles are just stupid. They could never exsist in the real world.



#26 shuaib987

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Posted 19 September 2016 - 09:07 AM

Okay well I've been playing around and the strategy is effectively candle counting, 

Rules:

1.Count candles in the upbuild of a trend(large candles and 2 of the opposite candles of a trade would be the break), if it's above 8 use the distance of 8 candles

http://prntscr.com/cjteai

2. Draw the line back to bottom of the trend max 14 candles...2 singular opposite candles inbetween would be the break, 2 opposite colours next to each other or 1 large opposite candle 

http://prntscr.com/cjtfv1

3. okay now we see where the candle hits the line 

http://prntscr.com/cjtgdq

4. we then count how many candles are before that line before the reversal

http://prntscr.com/cjthbl8 candles...therefore at the cross we would put a put trade for 30 mins since it's 6 candles or above

 

bonus rule ...if any candle closes above/ the resistance lines don't take the trade

http://prntscr.com/cjti1v

 

what the pa strategy basically assumes is that from the point of contact it will take 6 candles or more to reach a full reversal as "history tends to repeat itself"



#27 weddings

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Posted 20 September 2016 - 02:29 PM

-large candles and 2 of the opposite candles of a trade would be the break

What go you mean? In any trend there can only be 2 opposite candles?

-2 singular opposite candles inbetween would be the break, 2 opposite colours next to each other or 1 large opposite candle

Do you mean when we draw the line backwards, there can only be 2 small opposite candles, or 1 large opposite candles?

#28 shuaib987

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Posted 20 September 2016 - 04:00 PM

-Either 1 large candle of the opposite colour will be the "break" in the trend so only upto this point can you decide where the lowest point is

-OR 2 opposite candles whether next to each other or a few candles apart the furthest candle is the maximum where the lowest point can be drawn

 

taken that these 2 events occur before the maximum of a 14 candle drawbackline general rule is achieved

 

 

Yes basically when you draw the line backwards just need to ensure a clean trend...so the fixed breaks act as a safety margin..

and if the price closes above the reversal point and closes at any point the trade would be invalid since it just proves it was a fake reversal

 

tbh I think the guy that started this topic probably ripped this strategy off someone and doesn't know what he's doing with it as someone mentioned in the video most his trades were illegal

 

but overall I visual backtested with my rules and i'd say it's more than 75% if you're speculative since it does have potential in spotting "real reversals"

 

here are some examples of trades a few days ago http://prnt.sc/cjjg5f

 

this was before i made the rule of a candle closing outside the support/resistance so trade no.2 would be invalid as a candle closed below the initial reversal point despite it being an itm later on

 

and i personally go for tweezers in which the first candle of the formation is smaller than the second, so basically an engulfed tweezer



#29 shuaib987

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Posted 20 September 2016 - 04:02 PM

Oh and when you draw the back lines you use the lowest point if it was an uptrend, and the highest point if it was a down trend before/at the breaks or if there was no breaks achieved at the maximum of 14 candles 

 

here are some examples

Invalid setup:

http://prntscr.com/cke597 only 3 candles under contact point

http://prntscr.com/cke7fh only 4 candles above contact point

would of been a good trade but invalid http://prntscr.com/cke8v6only 5 candles below contact point, bear candle counts as this would have been the break

 

Valid setup:

http://prntscr.com/cke6c5actually 6 candles above contact point as the second green candle would of been the break even though it did not hold the highest point... good itm as you can see the symmetry of PA

http://prntscr.com/ckea25

 

legit otm:

http://prntscr.com/ckeb6nbut you would take the trade cautiously since a big candle was involved...

 

as you know no strategy can get you far without manual inspection... the rules are just in place to increase chances as the market can move in any direction at anytime, and tbh i don't personally trade with this as It's a hassle spotting the right condition just wanted to refresh the topic as there is some potential in it if someone wants to trade PA like this



#30 zamiel

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Posted 24 September 2016 - 10:01 AM

Hello I am trying to understand this straegy and I have a few questions to you if you don't mind. I am a bit confused. 

 

1) First of all, in what kind of market should we use the strategy, trending or ranging ? From what I understood, the strategy enables you to identify a reversal if there is a strong trend continuation (8 same colour candles ?).

 

2) For this strategy, must one only enter after the candle that back line crosses closed ? Or can you enter inside the triangle ? 

 

3) The second trade (the middle one) in your pic http://prnt.sc/cjjg5f seems inaccurate to the rules in my opinion or I am missing something. The candlestick formaiton doesn't look right there are 2 green candles where you draw the horizontal line. Also you said don't take the trade if it closes above the resistance / under the support line and the second one seems very risky. Why did you take that trade ? 

 

4) In this pic of yours  http://prnt.sc/cke6c5, I count 5 candles(4 red + 1 green) between the upper break and the contact point. Didn't you say you need at least 6 ? Do you also count the little red one that contact point line touches from above  and the little green one ? 

 

Sorry for asking too many questions, I am trying really hard to wrap my head around this. 



#31 shuaib987

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Posted 26 September 2016 - 11:09 AM

Hello I am trying to understand this straegy and I have a few questions to you if you don't mind. I am a bit confused. 

 

1) First of all, in what kind of market should we use the strategy, trending or ranging ? From what I understood, the strategy enables you to identify a reversal if there is a strong trend continuation (8 same colour candles ?).

 

2) For this strategy, must one only enter after the candle that back line crosses closed ? Or can you enter inside the triangle ? 

 

3) The second trade (the middle one) in your pic http://prnt.sc/cjjg5f seems inaccurate to the rules in my opinion or I am missing something. The candlestick formaiton doesn't look right there are 2 green candles where you draw the horizontal line. Also you said don't take the trade if it closes above the resistance / under the support line and the second one seems very risky. Why did you take that trade ? 

 

4) In this pic of yours  http://prnt.sc/cke6c5, I count 5 candles(4 red + 1 green) between the upper break and the contact point. Didn't you say you need at least 6 ? Do you also count the little red one that contact point line touches from above  and the little green one ? 

 

Sorry for asking too many questions, I am trying really hard to wrap my head around this. 

1) best after following after a trending market...and its good for a ranging market aslong as the range is good to fit the 6 candle requirement

2) enter when a candle hits the sloped red line

3) yes i already stated that was an earlier pic when i was playing around with the strategy...it would be an invalid trade as candles closed past the bottom red line..showing signs of consolidation which luckily went in the right direction

4) the second green candle would of been the break so it's counted as if that candle had a higher wick than the previous candle the line would go to the top of it



#32 zamiel

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Posted 28 September 2016 - 09:52 AM

Thanks for the answers! This strategy is a bit confusing. I have another question if you don't mind. 

 

 

 

 

Count candles in the upbuild of a trend(large candles and 2 of the opposite candles of a trade would be the break), if it's above 8 use the distance of 8 candles

And what do you mean by saying if its above 8 use the distance of 8 candles ? What distance ?  Also if there are dojis small opposite candles etc do I count them too in the upbuild of the trend ? What to do if it is below 8 candles ? Is this strategy only applicable when you see 8 candles in the same direction ? 



#33 shuaib987

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Posted 28 September 2016 - 02:55 PM

a)the length of the topline should be 8 candles in the future...not counting the current candle

b)and that's upto you...but yeah i'd count dojis

and aslong as there's 6 candles movement at the crossing then it's good

 

remember this is not my strategy...i was just making suggestions so feel free to play around as i did for optimal efficiency

Thanks for the answers! This strategy is a bit confusing. I have another question if you don't mind. 

 

 

And what do you mean by saying if its above 8 use the distance of 8 candles ? What distance ?  Also if there are dojis small opposite candles etc do I count them too in the upbuild of the trend ? What to do if it is below 8 candles ? Is this strategy only applicable when you see 8 candles in the same direction ? 



#34 sergio angelini

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Posted 29 September 2016 - 05:03 PM

This is hyinya?



#35 siraj

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Posted 13 October 2016 - 10:42 PM

can somebody re upload the ebook plz, I am unable to reach dropbox



#36 EvGenius

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Posted 19 October 2016 - 05:26 AM

https://cloud.mail.r.../83pA/otFrz4UdG



#37 zamiel

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Posted 05 November 2016 - 06:07 PM

What do you think about this one ? http://prntscr.com/d3l30q

 

According to the rules is it wrong ? (3 up one down, total of 4 candle so invalid?) 

 

Am I counting the candles and drawing the lines correctly ? 



#38 cobrax

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Posted 21 November 2016 - 08:36 AM

I been looking on this strategy for long time and really like it because is based on price action.

Ken posted a video on youtube based on this strategy but it doesn't give too many answer when you got something unsure.

I even speak whit him on Skype but looks like he doesn't want to answer me when i ask him about the strategy.

No he put the ebook on sale for about $300

Does any one having good results using it?



#39 zamiel

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Posted 03 December 2016 - 05:25 PM

http://prntscr.com/df0iv5

anyone can comment on these trade if they are accurate to the rules ? 



#40 ZulfiqarAli

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Posted 25 December 2016 - 11:47 PM

Book missing, can anyone share the link ?







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