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@  higbyc1 : (21 October 2019 - 01:27 PM) ADX indicator
@  Tripack : (16 October 2019 - 01:43 PM) Just that search section is at top right area :D
@  Abdul777 : (16 October 2019 - 12:01 AM) ain't gonna happen brotha'':D
@  Salmonhead : (15 October 2019 - 11:59 PM) trading signals
@  siewen : (11 October 2019 - 12:15 PM) ok, thanks
@  Singh : (11 October 2019 - 12:04 PM) @siewen I dont think any broker offers vix on mt4 but you can use tradingview to see vix chart
@  siewen : (11 October 2019 - 10:55 AM) where can i find broker offering VIX chart but on mt4? i cant find any...
@  siewen : (11 October 2019 - 02:02 AM) Hello. is there any binary brokers allowing trade eur/usd as binary? with europa, it is problem now...
@  andylaudj : (11 October 2019 - 01:39 AM) http://www.binaryopt...will-deposit-t/
@  andylaudj : (11 October 2019 - 01:02 AM) lost
@  andylaudj : (11 October 2019 - 01:02 AM) lost
@  Tripack : (09 October 2019 - 10:57 AM) Hi mf, long time. Everything ok here. How are u doing ?
@  manfloy : (09 October 2019 - 06:31 AM) how is going recently ?
@  manfloy : (09 October 2019 - 06:31 AM) whatsup ppl
@  manfloy : (09 October 2019 - 06:31 AM) hey whats
@  Tripack : (08 October 2019 - 01:27 PM) The latter as Singh said can be all found online for free, just interpretation are maybe paid, but again subjective
@  Tripack : (08 October 2019 - 01:26 PM) I mean: There is a difference between paying for a university degree in economics that teaches about the bricks about how to invest long term, and chart reading skills.
@  Tripack : (08 October 2019 - 01:24 PM) There is a difference between paying for a university degree in economics and learn about the bricks about how to invest long term
@  Tripack : (08 October 2019 - 01:23 PM) Plus the fact that any paying courses trading short term TA is not based on any real knowledge
@  Tripack : (08 October 2019 - 01:21 PM) Right

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Forex & BO absolutes

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#1 KleantRrera

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Posted 21 October 2016 - 06:01 AM

Hello guys. I made this topic for all of us to share infos that we think are absolutely true or false in Forex and BO. This is the only information we need to create a solid, consistent and highly accurate strategy.

 

This is how it works: Someone here share a fact (or what he thinks it's a fact) and we discuss over it. If possible try to give proofs. 


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Everything works in binary, unless you have proven that it doesn't.


#2 KleantRrera

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Posted 21 October 2016 - 06:04 AM

Market Makers exist and they have enough money and infrastructure to move the chart in their desired direction.  


Everything works in binary, unless you have proven that it doesn't.


#3 KleantRrera

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Posted 21 October 2016 - 09:57 AM

A random support/resistance level in a random timeframe has a 50/50 chance to be broken or not. In other words, all support/resistance levels together have a 50/50 chance of reversal or breakout.


Everything works in binary, unless you have proven that it doesn't.


#4 KleantRrera

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Posted 22 October 2016 - 08:56 AM

Indicators work. A single indicator or a combination of indicators can provide an accurate and consistently profitable strategy.


Everything works in binary, unless you have proven that it doesn't.


#5 serptr2

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Posted 22 October 2016 - 11:15 AM

Indicators work. A single indicator or a combination of indicators can provide an accurate and consistently profitable strategy.

you saying sup/res levels have 50/50 chance but indicators can has above 50% ???  :huh: 


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#6 KleantRrera

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Posted 22 October 2016 - 12:54 PM

you saying sup/res levels have 50/50 chance but indicators can has above 50% ???  :huh:

If you pick a random support/resistance level the chance of a breakout is the same as the chance of reversal. Not all indicators work, in fact more than 90% of indicators give no better results than 50% in long run. Only a carefully picked indicator, or a combination of them work.


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Everything works in binary, unless you have proven that it doesn't.


#7 KleantRrera

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Posted 23 October 2016 - 08:59 AM

Round numbers have the same chance of breakout or reversal. 


Everything works in binary, unless you have proven that it doesn't.


#8 serptr2

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Posted 23 October 2016 - 09:07 AM

Round numbers have the same chance of breakout or reversal. 

:wacko:


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#9 homero15

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Posted 23 October 2016 - 10:13 AM

Indicators work. A single indicator or a combination of indicators can provide an accurate and consistently profitable strategy.

Great tread, hope people participate, about indicators, yes especially if we really understand how they work, in the next screenshot I use Bollinger Bands  every day this way, the price is touching the BB and retracing to mid band, mid band must be showing trend angle, this tell me that price has good wave space for a pull back, I wait for price to touch the mid band and look for Candle stick formation, then enter for next candle exp, I use one indicator only, Bollinger Band with Candle stick analysis.

 

o28KHaT.png


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#10 worldshot

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Posted 23 October 2016 - 12:54 PM

Great tread, hope people participate, about indicators, yes especially if we really understand how they work, in the next screenshot I use Bollinger Bands  every day this way, the price is touching the BB and retracing to mid band, mid band must be showing trend angle, this tell me that price has good wave space for a pull back, I wait for price to touch the mid band and look for Candle stick formation, then enter for next candle exp, I use one indicator only, Bollinger Band with Candle stick analysis.

 

o28KHaT.png

 

Yeah, this trading and indicator works well when market trending which is about 30% all the time, 70% markets are flat or choppy, that's where it fails. :D


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#11 KleantRrera

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Posted 23 October 2016 - 01:38 PM

In any timeframe the chance of continuation is the same as the chance of reversal.


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Everything works in binary, unless you have proven that it doesn't.


#12 wags

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Posted 23 October 2016 - 01:45 PM

I think this thread is a good idea if so many questions were not being fired in all at once, say pick a question for that day then another for tomorrow


  • homero15 likes this
Here is the MTF tools for charts below
 
Attached File  ACP Multi Pair.mq4   2.17KB   399 downloads
Attached File  ACP Arrow Change Pair.mq4   26.49KB   433 downloads
 
Please goto Lazy Larry post http://www.binaryopt...hread/?p=144478for a guide :)

 


#13 homero15

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Posted 23 October 2016 - 01:45 PM

In any timeframe the chance of continuation is the same as the chance of reversal.

That is why traders must pick the first pullback after trend changes, easy if you trade the same session and have high news events considerations. I trade US session and I see same patterns all time. I also make same mistakes often :lol:


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#14 wags

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Posted 23 October 2016 - 01:50 PM

A random support/resistance level in a random timeframe has a 50/50 chance to be broken or not. In other words, all support/resistance levels together have a 50/50 chance of reversal or breakout.

 

 

Not sure about the percentages but they are really irrellevant as S/R should be used as a point that when price confirms its direction you enter trade, apparently as a rule 8% of a movement either way is considered a confirmation of reversal or continuation


Here is the MTF tools for charts below
 
Attached File  ACP Multi Pair.mq4   2.17KB   399 downloads
Attached File  ACP Arrow Change Pair.mq4   26.49KB   433 downloads
 
Please goto Lazy Larry post http://www.binaryopt...hread/?p=144478for a guide :)

 


#15 KleantRrera

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Posted 23 October 2016 - 01:55 PM

I think this thread is a good idea if so many questions were not being fired in all at once, say pick a question for that day then another for tomorrow

 

If you you are talking about my posts, you can see that this are not questions but things that I think are absolutely true or false (based on my experience). Still waiting for someone to post such things or debate my posts so we can all discuss and gain valuable knowledge. 


Everything works in binary, unless you have proven that it doesn't.


#16 wags

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Posted 23 October 2016 - 01:56 PM

If you you are talking about my posts, you can see that this are not questions but things that I think are absolutely true or false (based on my experience). Still waiting for someone to post such things or debate my posts so we can all discuss and gain valuable knowledge. 

 

 

There wont be anything left for others to post soon


Here is the MTF tools for charts below
 
Attached File  ACP Multi Pair.mq4   2.17KB   399 downloads
Attached File  ACP Arrow Change Pair.mq4   26.49KB   433 downloads
 
Please goto Lazy Larry post http://www.binaryopt...hread/?p=144478for a guide :)

 


#17 KleantRrera

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Posted 23 October 2016 - 02:01 PM

Price can't go any lower/higher! This is what sometime traders think when entering a trade. In fact the price can go lower, again a bit lower, quickly lower, more low... and when we think for the God's sake it can't move any lower, it starts from beginning. This applies for high too.


  • wags likes this

Everything works in binary, unless you have proven that it doesn't.


#18 wags

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Posted 23 October 2016 - 02:07 PM

Indicators work. A single indicator or a combination of indicators can provide an accurate and consistently profitable strategy.

 

 

I have only seen one strat which looks like it can be profitable by entering trades based on indicators alone, without and PA and user tweaking and thats anytime of the day and on all tfs


Here is the MTF tools for charts below
 
Attached File  ACP Multi Pair.mq4   2.17KB   399 downloads
Attached File  ACP Arrow Change Pair.mq4   26.49KB   433 downloads
 
Please goto Lazy Larry post http://www.binaryopt...hread/?p=144478for a guide :)

 


#19 KleantRrera

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Posted 23 October 2016 - 02:09 PM

There wont be anything left for others to post soon

LOL you're right :) I'll wait for some time and let's see if anyone drops some gems. 


  • wags likes this

Everything works in binary, unless you have proven that it doesn't.


#20 homero15

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Posted 23 October 2016 - 02:10 PM

Price can't go any lower/higher! This is what sometime traders think when entering a trade. In fact the price can go lower, again a bit lower, quickly lower, more low... and when we think for the God's sake it can't move any lower, it starts from beginning. This applies for high too.

This is correct, that is why there is no 100% ITM strat in the long run.market does what it does, not what we want.


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