A strategy that is a secret

Discussion in 'Strategy Building' started by forextrader1990, Jan 20, 2020.

  1. A very smart computer makes the charts. I'm going to explain how the computer works.
    Look at the three pictures.
    When the price breaks a trend line, after a time-span, the price will come back to the break point.
    The time-span can be short or very long. It often happens. About 95%.
    You can check the past. You will find so many samples.
    It happens in every time frames. 15M , H1 , H4 , Daily , Weekly. But H4 is the best.
    Draw the trend lines from the tip of the bars.

    Three examples:
    [​IMG]

    [​IMG]

    [​IMG]

    True Trend Line
    Look at the two pictures.
    The first picture: False
    Because the second peak is not below the first peak.
    The second picture: True
    The second peak is below the first peak.

    Draw the trend lines from the tip of the bars.
    The trend line should touch the first and second peaks. It’s so important. Some people don’t care about the second peak.

    [​IMG]

    [​IMG]

    How to trade?
    You should trade when the price comes back to the break point.It often happens. About 95%.
    You need experience. Check the past to see more examples.

    How to find the return points?
    You can use Fibonacci for finding the return points.
    Draw the Fibonacci from the start point of the trend line and end it at the highest or the lowest bar before the break point.
    In these picture, the price has returned after touching the 161.80% or 61.80% of the Fibonacci.

    [​IMG]

    [​IMG]

    [​IMG]


    Five examples:

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]
     
    Last edited: Jan 20, 2020
  2. maxinger

    maxinger

    Then continue to keep it a secret.

    We are not interested to know your strategy.
     
    ges, bln, rb7 and 5 others like this.
  3. monet

    monet

    Problems:
    1. Cherry-picked examples;
    2. No strategy;
    3. Not profitable!
     
    ges and DevBru like this.
  4. Andras

    Andras

    If it is working for you, I don't see how you can even find time to share it. What is your angle here?
     
    murray t turtle likes this.
  5. Deez

    Deez

    Interesting. Why do you think that occurs? If you believe trends are a natural occurrence of price action perhaps breaking a trend is the result of large trades which may act as future S/R. Thank you for sharing.
     
  6. Handle123

    Handle123

    Considering first post, I label this as a VENDOR in prey.
     
  7. traider

    traider

    Wow where can I send my money?
     
    Windlesham1, SWaardenburg and jys78 like this.
  8. Deez

    Deez

    So vendors can't have good ideas? Look for the idiot in the mirror if you send a stranger on an anonymous forum money.
     
  9. Don't judge too soon. Check the past and see how many times the price comes back to the trend line. Very short or very long. The market constantly do this.
     
  10. maxinger

    maxinger


    You have lots to learn.
    trading is not only about drawing lines here and there.
    It is not about recognizing various continuation and reversal patterns.

    You have to work very very very hard.
    You have to work 15 hours a day, 7 days a week, 52 weeks a month, for many many many months as if you were going for gold medal for the olympics !!!!!!

    If you just want to spend few minutes a day and hope of earn millions of dollars within the next few months, it wouldn't work !!!!

    We will take your first post as complete garbage post.
    And I am sure you have multiple nicks and an unsuccessful trader.

    change your mindset if you want to be a successful trader.
     
    #10     Jan 20, 2020
    guru likes this.