It is funny, the kinds of things you notice, when you pay attention to multiple time-frames. As I've said all along, the key to trading a good line, is making sure the line contains Swing and Momentum probability. As it turns out, I have an ...

The Confession & The Secret

BTW - the causality behind today's congestion in the EURUSD can easily be seen on the Daily Chart using something as simple as ATR. From October 1th, through today, average true range has been in decline, with the previous two trading days range ...

The Confession & The Secret

I'm using one of my indicator creations, coupled with a "double stochastic" arrangement to set the line - that's it. Now, I could use Harmonics, but I'm not studying that right now as that requires a different kind of Swap technique with a larger ...

The Confession & The Secret

Initial chart view at time of Volatility Trigger. The Close of candle [1] was the entry point. Yellow vertical line denotes the start of the of the 1200 hr candle today. image Current chart view with current account statement. Note the goal of ...

A Different Kind of Journal (EURUSD)

Ok, so I've created a ton of Swap debt: -114.6 pips worth. That should be enough to solidify a loss for today's session. Now, what I want to see is how long it takes to reach BE, or if BE can be reached from here. The original Swap line was $1.39257 ...

The Confession & The Secret

To be crystal clear - if I were trading this to make money, then there has been only one (1) Swap thus far. Because I am basically running a stress test all week long on the V-Trigger, I have intentionally added Swaps to pad the loss, for a total of ...

The Confession & The Secret

So, I've just padded the session with additional Swap losses (intentionally) to arrive at an aggregate net loss of -58.3 pips. Again, this week, I am trying to get the trade in trouble early - so I can better understand in real-time, what's ...

The Confession & The Secret

This is turning out to be exactly the kind of day I needed. The losses are piling up! This will give me a very good look at how well or how poorly the strategy will break-even and how much time it will take to accomplish that task. I've padded ...

The Confession & The Secret

- Better Volatility Triggers - Keeping your hand inside the Box - Resisting the Reverend Mother's taunts to withdraw - Have enough fuel in the tank for the entire Swap Cycle

The Confession & The Secret

Absolutely, correct.

The Confession & The Secret

No - you don't have the general math wrong - you are indeed correct - in theory. But, we are talking about tightrope walking, when increasing size on a strict Martingale mandate. What I have not talked about in this thread, is the trader's timeline ...

The Confession & The Secret

It is potential folly, but the potential for bigger reward is just a "thin line" away. As a strict matter, I don't ever recommend that any newbie jump into Martingale, regardless of what they use to make entry/exit decisions. For the average trader ...

The Confession & The Secret

Since my current trade is running below my V-Trigger, I can take the time to respond. There are no other indicators, signals, calculations, algorithms, functions, modules or steps involved in drawing a line on a chart. As I mentioned earlier in this ...

The Confession & The Secret

I may be getting a V-Trigger here - gotta go get to work. Bye!

The Confession & The Secret

Ouch! One of the fasted ways to lose money ever devised, when you really don't have a laser on Direction. Can it be done effectively? Yes. Can it be done effectively over prolonged periods of time? Yes. But, one really needs to sit down and study ...

The Confession & The Secret

The problem for me here are two fold: 1) Standard Support and Resistance 2) Take a loss at 1% Of course, to each his own and I'm not qualified to tell anyone what to do with their own capital. However, if Support and Resistance behave normally, then ...

The Confession & The Secret

Very interesting. The choice of where to draw your line is also interesting, but the time-frame used to make that determination seems a bit small, given your use of a "random" line location. However, profit is profit in any case and what works, is ...

The Confession & The Secret

I've stated in this thread and inside my journal, that 1-10 (on average) Swaps are typically seen. The fewer the Swaps, the higher the probability for trade sequence success and profitability.

The Confession & The Secret

Please keep this thread void of off-topic discussions. I'm trying to keep the journal pages light and short. Post all other questions here: url . Thank you.

A Different Kind of Journal (EURUSD)

Looking for a V-Trigger to enter on this morning. None seen thus far as the market is very EU sensitive today. EU Finance meeting gets cancelled, EURUSD goes down. EU Leaders meeting gets clarified as not being cancelled, EURUSD goes up. A lot of ...

A Different Kind of Journal (EURUSD)