Thank you @ayax Are you considering any alternative bearish counts?

Elliott Wave Trading by Ayax

Hi @Ayax Can you please update your bullish count with the latest price action on AJH4? Since your previous chart we had a new low and trying to understand if the count is still valid. thanks

Elliott Wave Trading by Ayax

Nobody knows?

Android MT5 app - partial close

Thanks @Riskcuit I will wait for your next long message that I'm enjoying reading it Cheers

A Simple Mean Reversion Strategy

There is no correct/wrong way. If you put 100 people in a room they will all come out with different S&R markings and the reason is because it's highly subjective and there are no clear definition. I suggest you come out with your own definition and ...

Is this the correct way to draw S&R lines?

@RisKcuit Thanks for your long post where the content is about option theory. How do you translate that into normal forex trading and the discusions we were having since last week?

A Simple Mean Reversion Strategy

Not exactly Like in the picture above, the spread is not so high but DD is killing you because price and MA are raising in a parallel way. This kind of price action will not give you any chance to come up in profit. So, your money management needs ...

A Simple Mean Reversion Strategy

I don't think these ideas are what @Riskcuit is going to present

A Simple Mean Reversion Strategy

for the re-entries if you are using x distance from previous entries than will become normal grid that can lead to high DD.

A Simple Mean Reversion Strategy

No SL as you are averiging down

A Simple Mean Reversion Strategy

@Riskcuit How do you manage situation like this?

A Simple Mean Reversion Strategy

But on this example you shown before you are just talking about avereging down (adding to loosing position). Did I understand correctly? image

A Simple Mean Reversion Strategy

How did you judge to skip marked entry points 2 & 3? Is there an objective way to determine it?

A Simple Mean Reversion Strategy

Do you calculate all these probability values manually/auto before making the decision to enter or you just eyeball the charts to have a decent estimation of their values?

A Simple Mean Reversion Strategy

Guess the term "Spread" in this thread means something else than normal meaning in trading

A Simple Mean Reversion Strategy

@Riskcuit Interesting thread but I must confess I've got lost. How to calculate theta and all other probability parameters to make the right decision?

A Simple Mean Reversion Strategy

Some false annotation on your chart. No one knows or can know what MM are doing or going to do not today or in the future. Suggest you to write only your actions for taking the trades.

PVSRA (Price, Volume, S&R Analysis)

It looks good because it's repainting

Need Best Support and Resistance Indicator

On which basis are forecasting an ABC because than can be forecasted using PVSRA unless using Elliott Waves theory.

PVSRA ( Stochastic and MA )