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@  nkotb6 : (18 January 2019 - 02:52 AM) @darkhorse check your private message
@  muyanja : (18 January 2019 - 01:19 AM) goodmorning everyone
@  thi4gon : (17 January 2019 - 08:59 PM) hello
@  traderpusa : (17 January 2019 - 06:51 PM) Good morning
@  darkhorse : (17 January 2019 - 04:28 PM) who can you open up an account with in the UK now that this ban is currently in place? any recommendations?
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@  ishan007 : (17 January 2019 - 08:39 AM) :D :D
@  traderpusa : (17 January 2019 - 08:37 AM) yeah, it's just a habit. unlearn bins, unlearn candles, learn again lol
@  ishan007 : (17 January 2019 - 08:33 AM) yup traderpusa u r correct bro but i am just used to see candles for last 1 year so i am just finding little complicated anyway its just matter of time before i get used to bar chart too
@  venkatredy : (17 January 2019 - 04:15 AM) hi traderpusa
@  traderpusa : (16 January 2019 - 08:49 PM) hi andreyt
@  andreyt : (16 January 2019 - 08:43 PM) good mornin @traderpusa
@  andreyt : (16 January 2019 - 08:43 PM) ayrex or finmax
@  gelsas : (16 January 2019 - 08:17 PM) Where can I trade bo as european nowadays`
@  traderpusa : (16 January 2019 - 07:28 PM) Good morning
@  traderpusa : (16 January 2019 - 08:49 AM) bar chart is the least distracting chart imo that allows you best to see the levels.
@  traderpusa : (16 January 2019 - 08:48 AM) you never hear me talk about a candle formation, cause when i change TF, poof ! the formation is gone.
@  traderpusa : (16 January 2019 - 08:48 AM) as time is of little importance in Larry because we draw levels from highest to lowest TF, candles are of no importance at all
@  traderpusa : (16 January 2019 - 08:47 AM) only high and low, and even then, only when it is a price reversal.
@  traderpusa : (16 January 2019 - 08:46 AM) why you need candlesticks ? open and close of a candle have no meaning

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Patience, Discipline, Focus Trading System - Above average returns


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#1 BillyKay

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Posted 02 November 2016 - 10:20 PM

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Hi everyone,

 

Two years researching, testing every available system, joining umpteen groups and the like, eventually gave me the knowledge to develop my own system.

 

My returns are 100%..........depending on yourself, your knowledge of market behaviour (Opening of the various exchanges, what happens at the beginning of a new 8 hr, 4hr cycle etc.), support and resistance, psychological levels, trendlines, yours can be too.

 

For the moment I will post a screenshot, the complete system will be posted on the weekend when I have more time.

 

No doubt you would have it all figured out by then :)

 

1 min TF chart 5 min expiry

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  • Attached File  PDF.jpg   83.11KB   707 downloads

Edited by BillyKay, 02 November 2016 - 10:25 PM.

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#2 arbaz

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Posted 02 November 2016 - 10:42 PM

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Posted Today, 08:20 AM

Hi everyone,

 

Two years researching, testing every available system, joining umpteen groups and the like, eventually gave me the knowledge to develop my own system.

 

My returns are 100%..........depending on yourself, your knowledge of market behaviour (Opening of the various exchanges, what happens at the beginning of a new 8 hr, 4hr cycle etc.), support and resistance, psychological levels, trendlines, yours can be too.

 

For the moment I will post a screenshot, the complete system will be posted on the weekend when I have more time.

 

No doubt you would have it all figured out by then  :)

 

1 min TF chart 5 min expiry

Attached Thumbnails
 
Please share your indicators and templates 
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Posted Today, 08:20 AM

Hi everyone,

 

Two years researching, testing every available system, joining umpteen groups and the like, eventually gave me the knowledge to develop my own system.

 

My returns are 100%..........depending on yourself, your knowledge of market behaviour (Opening of the various exchanges, what happens at the beginning of a new 8 hr, 4hr cycle etc.), support and resistance, psychological levels, trendlines, yours can be too.

 

For the moment I will post a screenshot, the complete system will be posted on the weekend when I have more time.

 

No doubt you would have it all figured out by then  :)

 

1 min TF chart 5 min expiry

Attached Thumbnails
 

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#3 arbaz

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Posted 02 November 2016 - 10:44 PM

Hi everyone,

 

Two years researching, testing every available system, joining umpteen groups and the like, eventually gave me the knowledge to develop my own system.

 

My returns are 100%..........depending on yourself, your knowledge of market behaviour (Opening of the various exchanges, what happens at the beginning of a new 8 hr, 4hr cycle etc.), support and resistance, psychological levels, trendlines, yours can be too.

 

For the moment I will post a screenshot, the complete system will be posted on the weekend when I have more time.

 

No doubt you would have it all figured out by then :)

 

1 min TF chart 5 min expiry

Please share your Indicators and templates 


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#4 BillyKay

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Posted 03 November 2016 - 12:02 AM

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When I started out, I thought it would be easy, however, it’s taken 2 years of screentime to get this far. Also understanding that on crappy market days you will lose. I will try my best to explain my methodology as plain and simple as possible.

 

My experience is (after testdriving hundreds of indicators – bought, borrowed and found), that there is no single indicator that can give one 100% accurate results consistently – simply, indicators meet certain criteria in their codes, and signal when the conditions are met. They do not “see” Support and resistance, market conditions, news, etc. They will give at best 80% success. Human intervention is needed to achieve the other 20%, even though you have to become a “robot”

Firstly, I needed an entry signal.

 

I experimented with everything ....adx, rsi, ema, macd.......various values and settings – and eventually settled for a 4 EMA close x 4 EMA open cross......signals are spot on. There may be other values or crossings which I have not tried, however, 4x4 has not let me down.

 

Secondly, I needed to know where in the market I am with regards to short term and medium term trends, when the trend is starting, fading, ranging, strength (how tight or loose EMA’s are) etc. I selected the 34 period EMA, 50 period EMA (medium term trend......if flat ranging), and EMA fan 3 till 14 (short term trend).

Thirdly, I needed to identify OB/OS areas, and chose a Fractal indicator.

 

Fourthly I needed to analyse the “here and now” situation”, and chose a CCI Woodie.

 

For support, I have Pivots, Round numbers, Supply and demand (Support and Resistance), Trendlines.

 

Analysis is very simple, and in a few seconds you can ensure whether the trade is going to make it, or decide on the expiry period. And that my friends, gives you the edge over willy nilly taking a trade when an arrow or signals appear.

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#5 BillyKay

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Posted 03 November 2016 - 12:44 AM

Observe how the indicators work with each other. Red lines are PUT trades 5min, Green lines are CALL trades 5min

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#6 Deketch

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Posted 03 November 2016 - 01:09 AM

Can you post indicators and template or we wait for weekend?

#7 BillyKay

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Posted 03 November 2016 - 01:54 AM

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Well, the weekend is here................in my part of the world, so here you go.

 

I am not the author of these files, they have been accumulated over two years, and have only changed the names for my convenience.

 

Most of them belong to Mladen over at Forex TSD, hats off to a brilliant coder

Attached Files


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#8 Tripack

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Posted 03 November 2016 - 02:03 AM

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Two years researching, testing every available system, joining umpteen groups and the like, eventually gave me the knowledge to develop my own system.

That's one of the goal of BOE here.
 

Most of them belong to Mladen over at Forex TSD, hats off to a brilliant coder

Yes that guy is very popular and hell of a coder indeed, scarce resource unfortunately.
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#9 Alfred

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Posted 03 November 2016 - 02:10 AM

Hi Billykay, thanks for your strategy, is it possible to post your template or values of you indicators ( or do we just use default values). Also what about the CCI woodie, I assume you forgot to post and the values you use for it. Thanks :)


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#10 BillyKay

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Posted 03 November 2016 - 02:11 AM

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Here's the rest

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#11 BillyKay

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Posted 03 November 2016 - 02:12 AM

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And the template

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#12 BillyKay

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Posted 03 November 2016 - 02:13 AM

The template will drag the indies across, so the values will be taken care of.

 

14 Indies


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#13 BillyKay

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Posted 03 November 2016 - 02:22 AM

Please be aware the Fractal recalculates, therefor will always jump to the higher high, or lower low, and eventually settles when the trend has died out

 

It does not REPAINT, it is the nature of the indicator.

 

If anyone has an indicator that can signal exactly when the price will pullback, retrace or reverse, we will all be millionaires i the next month.

 

There is tons of info available on fractals, semafors, zigzags and the like, Google is your friend


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#14 Chosen3000

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Posted 03 November 2016 - 02:24 AM

And the template

Looks hella awesome, now we just need some specific rules for us newbies!



#15 BillyKay

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Posted 03 November 2016 - 02:55 AM

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STRATEGY

 

First and foremost:

 

Check markets condition..........find a pair that is acting sensibly...that has decent moves.......you must be able to SEE what the market is doing.

 

Avoid choppiness, too many wicks.

 

You want slow and steady......movements with direction

 

Some days the markets are shoddy and WILL take your hard-earned money.

 

Trying to trade a shiity pair is like driving a car with no brakes, sooner or later somebody gonna get ahurt real bad.

 

The markets have to CALL you

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#16 BillyKay

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Posted 03 November 2016 - 03:01 AM

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I only trade one pair............obviously the one with the moves like Jagger.

 

Focus on that pair only, be patient, the trade will come to you.

 

Jumping around between pairs, won't do you any good, YOU WILL MISS OPPORTUNITIES.

 

Further more, you want to place a trade you know is going to win. Jumping around like a hungry mosquito won't help you at all........no concentration, no focus = lost trade


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#17 BillyKay

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Posted 03 November 2016 - 03:08 AM

Now you wait for a signal off the 4x4 (diamond)

 

Check trend ....... UP, DOWN, RANGING. The fan will help you.

 

Check against fan and MA's, fractals. Are we overbought, oversold, is it a retracement, pullback, reversal.

 

Has the price stopped at S/R, RN, Trendline?

 

The indicators will tell you that

 

If the signal is with the trend, more often than not after a pull back, take it and go.

 

Always check where the next S/R, RN is, you don't want the brakes to come on before your expiry


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#18 BillyKay

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Posted 03 November 2016 - 03:23 AM

USDCHF a few minutes ago

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#19 BillyKay

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Posted 03 November 2016 - 03:41 AM

Still the Swizzie

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#20 BillyKay

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Posted 03 November 2016 - 03:42 AM

Screenshots are "live".......happening right now.......please check them


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