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DislikedAfter reviewing several charts over the last several days it appears the the thread started was on to something that is tradeable, but will it be consistent is the BIG ? Not seeing the quick return of price to its original move, but it will return a majority of the time. These are just my views & nothing more. I have observed more to what the thread started shared, but not going to go into that. Not sure why the thread started remove his first post, but I'm sure he has his reasons. Maybe there is nothing to this, but JUST MAYBE THERE IS & HE DISCOVERED...Ignored
Disliked{quote} unfortunately i didnt discover anything. the information i shared was missing and would be misleading. if/when i find out i will start this thread all over. i tried to discover it for a loong time. i didnt do it in 1 week. i lost again today. all the bestIgnored
DislikedHi cemilfx thanks for sharing your idea . correct me if wrong .... as you can see on the first picture we see a jump up and we sell for reversal,is it right??? is this your idea about? {image} but how about next day? it seems it jumped down and we have to take buy but trend goes down . what happened here ? what should we do in this situation ??? {image}Ignored
Disliked{quote} Hi, The idea is taking fast trades of spikes and TP at reversal. Usually reversals happen in seconds or a couple of minutes later. So fast in - fast out during this 1 hours. RegardsIgnored
Disliked{quote} spread at the beginning of the market is large , how do you take 4-5 pips with this spread in 1 hour ?Ignored
Disliked{quote} i trade with 4 lots. sometime 8-9 lots when my account was bigger. leys say usd-jpy. 5pip spike with 2pip spread. 3pip profit with 4 lots is 120 $. minus 28 usd commission. 98 usd net profit. do this 1-2-3..even more times. there were times that no spikes for one week and there were nights i was +500 usd. i just sit in front of my computer 5-10min before midnight. check investing for economic calender. rarely there are news at this period. btw my charts are fully naked. simple because i dont know where to draw a line or range because...Ignored
DislikedHi All, More info on this. I am uploading the trades done in march. other months are not different profit wise. The best part of this "system" is...well its profitable almost all the time. when the price jumps down or up..it almost always return back. no need to share my charts because there is nothing on my charts...naked. no indicator no trend line no ea..nothing. however i know other people have only horizontal lines on their chart. sometimes they say me for example "if it jumps up its a trade" or "either jump is a trade" or "do not get into...Ignored
Disliked{quote} Based on my observation, one of those horizontal lines in every chart is the open price of 21:00 GMT(17:00 EST). Check the history chart you would find it. I suppose there should be some statistical analysis to support this trading method. Like how does the price range of every day's 21:00 - 22:00 GMT distributed ? how does the price range of every minute in this specific hour distributed ? I did some analysis and have some results. Data shows a good tendency that over 80% hour range is less than 10 pips. Except for Monday, which...Ignored