So then, the two-hour baseline is too slow to be actionable at the intraday level, but its corresponding price range envelope and the direction in which it is sloping is useful from a structural perspective when relied on to forecast optimal levels from which one might enter profitable positions. As noted in the past, the one-hour measure is too "unstable" to function in this same capacity, being too susceptible and sensitive to less significant, somewhat temporary fluctuations in price, yet too lagging to inform intraday entries and exits. On the other hand, it just might very well be that the 50-minute baseline is perfect for tracking the intermediate trend at the intraday level. So go ahead and test this measure out next week. Like the one-hour measure, 40 minutes is too fast for longer-range projections, yet too slow for shorter-term direction. But, as is the case with the two-hour measure, which reflects the amplitude of waves evidencing an approximated 24-hour frequency, its corresponding price range envelope is very useful from a structural perspective when relied on to forecast optimal levels from which one might enter profitable positions based on waves of a much shorter (i.e., intraday) frequency. And of course, the trend that is fast and nimble enough to govern intraday entries and exits—yet not so fast as to generate frequent head fakes and false positives—is the ten-minute baseline, which can be confirmed, if a less aggressive, more conservative style of trading is desired, by the 17-minute baseline..
And there you go again, hiding profits. You post them for a while, but then decide to hide them suddenly. There is no consistency, and no reason for you to pull a smoke screen. Fake journal. Just like your Binary options trades are sim. We can tell that now, Mr. Compounding who does not compound profits.
No doubt, if you limit your trading activity to this, virtually all of your trades will be profitable. However, in analyzing one-minute charts, there appears to be the possibility of executing trades successfully much more frequently using the irreducible complexity version of the system as suggested below... Plan on using the 50-minute price range envelope at 0.20% deviation to get the "gist" of price direction at the intraday level. Consequently, if this measure is sloping in one direction, and the trajectories of the lower/faster measures are headed in another, trade in the direction of the of the 50-minute measure based on structure—for instance, entering positions in the direction of the slope of the 50-minute baseline when candlesticks reach the far side of a contrary 20-minute price range envelope at 0.9% to 0.17% deviation. Or if the 20- and 50-minute price range envelopes are sloping in the same direction, then enter positions when candlesticks reach the far side of the 10-minute price range envelope away from the direction in which all three of these measures are headed.
It just came to my attention that McLean Bible Church seems to have gone off the rails! Given that I had the utmost respect for Lon Solomon, I wondered how this could have happened, and when I looked into it, I discovered that Lon stepped down as senior pastor, I guess back in 2017. When I tired to find out why, I came across the following letter, which I understand Lon wrote to the congregation... My Dear Church Family, I came to MBC as your Senior Pastor in August 1980 as a 32-year-old man (by 5 days). I only passed the congregational vote on me by 3 votes, but I came anyway, more sure that Jesus had called me here than I was of my own name. Over the last 36 1/2 years, that certainty has never left me for an instant, which is why I stayed even through some very difficult days, both as a pastor and a person. It has been one of the greatest honors of my life to serve as your Senior Pastor for these past 36 years. I am so proud of our church family at MBC, and I am so proud to tell people around the globe that I have had the privilege of serving as “the Senior Pastor of MBC.” In these 36 years, God has showered our church family with amazing mercy, and displayed His omnipotence before us in some of the most awesome ways I’ve ever seen or heard of. People always ask me why God has been this way to MBC. Of course, I cannot answer a question like this, for it is totally above my pay-grade to speculate regarding why Almighty God chooses to do what He does. He is sovereign. That is all I ever say to people. But if I had to guess at some concrete reasons why, I would say it was because (1) we have sought to be a church that obeys Jesus in everything; (2) we have sought to be a church that, in Jesus’ name, cares for and about the “least of these” (Matthew 25:40), including especially children and adults with disabilities, the poor, the needy, and the disenfranchised; (3), we have sought to be a church that proclaims the truth of God’s Word without compromise or equivocation, even when those truths are not popular in our culture; and (4), we have sought to be a church that humbles itself before Jesus, and seeks to make decisions, not based on human logic alone, but also based on prayer and seeking the face of God. And it is my dream and hope for MBC that these (and similar) spiritual tenets will always form the foundation of our church family. Several years ago, Pastor John Piper wrote to his people at Bethlehem Baptist Church and said: “I am less competent leading Bethlehem structurally and organizationally than I used to be. For about 30 years, I was usually able to see through the complexities and formulate feasible and exciting plans… This is no longer the case. Bethlehem is more complex than it used to be, and my energies and abilities for this kind of organizational planning are diminished.” When I read this, I knew precisely what Pastor Piper was trying to say: namely, that he was tired. My dear brethren, over the last 36 1/2 years, I have sought, as unto the Lord, to give MBC every ounce of strength in my body. I would not go back and change one iota of this! But I am tired. Not tired of walking with Christ, not tired of praying and reading God’s Word, not tired of sharing Christ with people, and not tired of preaching the Word. I am tired of trying to run the demanding operations of our large and complex church. And I am concerned that, if I am too proud to admit and confront this, I will end up hurting the very church family that I love so much. MBC needs a Senior Pastor who can be fully-engaged in every level of leading our church! So, after grieving this, I went to our elders and told them that God had shown me that it was time for MBC to trust God’s leading and begin searching for our next God-appointed Senior Pastor. I told them that I would like to be the most supportive and helpful person imaginable in seeing MBC make this transition smoothly and biblically. And I told them they could count on me to work with them, to make this transition the most Christ-honoring process possible, and to make it a model for other mega-churches who will be facing this same transition in their futures. And so, for the last year, your elders and I have been working together to establish a plan that, by God’s grace, will achieve these goals. And we believe that we have been able to lay out a plan that is both pleasing to the Lord and practicable for our church family. I spoke to our church family this past weekend (Feb 11/12) and began to unpack this plan for all of us. If you missed this message, I want to urge you to go to our website and listen to it. It is massively important that everyone fully understand the plan ahead of us as a church family. And, Lord willing, I’ll be speaking part 2 this coming weekend (Feb 18/19), laying out this plan again and in more detail. But please let me mention a couple of the key points from last weekend: 1. I am not resigning from the staff of MBC. I am stepping back from the full and comprehensive organizational duties of Senior Pastor to devote more time and energy to Acts 6:4 in the role of Senior Teaching Pastor and I will continue to serve as a member of our Board of Elders. 2. David Platt will be joining me in preaching at MBC. Assisting us will be Dale Sutherland, Mike Kelsey, and (as always) an occasional special guest speaker here and there. 3. Pastor Dale Sutherland (in concert with me and the rest of our elders, of course) will continue leading the daily ministry of MBC along with our senior staff team (as he has been for the last year). Dale is a seasoned man of God. His heart and my heart beat like one for Christ, and he enjoys my highest confidence and esteem. 4. The elders and I are beginning NOW the process of seeking the next God-appointed Senior Pastor for MBC. At present, we have no active candidates for this position, nor are we currently in contact with anyone who is aspiring to this position. We are prayerfully trusting the Holy Spirit to guide us to just the right man, and him to us. And, of course, please remember that any candidate will have to go through the approval process that is carefully laid out in our church constitution, including receiving a 75% affirmative vote from the membership of MBC. Furthermore, please let me say that Brenda and I and Jill have no plans to leave MBC (until the Lord takes us to heaven)! This has been “our church” for 36 years, and we intend for it to remain as such. So, on the weeks that I am in town but not preaching, please look for me in the front rows, raising my hands in worship, doing my giving in the offering bag, and sitting expectantly at the feet of whoever is teaching God’s Word that day. I know that you may have some questions that may not have been answered in this past weekend’s sermon or in this letter, and the elders and I want to make sure this whole process is characterized by as much openness and clarity as possible. And so, we will be having a “town meeting” this coming week (THURSDAY, FEBRUARY 16–IN THE SMITH CENTER AT TYSONS AT 7:30PM), where the elders and I will delight in meeting with you and trying to answer all questions that we possibly can. As you can imagine, we as your leaders deeply covet your prayer support throughout this entire process. IN FACT, WE ARE BEGINNING “40 DAYS OF PRAYER” AND SEEKING THE FACE OF GOD AT MBC (just like we did in 2016) AND WANT EVERYONE IN OUR CHURCH FAMILY TO BE AN ACTIVE PART (learn more: mcleanbible.org/40daysofprayer). We are certain that God has already appointed a man to step into this role, just as He did Elisha for Elijah. And like Elisha, we are trusting the Lord to send us a man who will have a “double portion” (2 Kings 2:9) of the anointing the Lord was pleased to give to me–a man who can take MBC further for Christ’s Glory than God used me to do. These are exciting days for MBC, and I ask you to join in the excitement and expectation I feel every day, as I wait to see what our great Savior has ahead for our church family. Sincerely as your Senior Teaching Pastor, Lon Solomon
Operating from a longer-term perspective, a sort of pseudo swing style approach to trading, is this the gist of what you are doing? You wait to trade in the direction of the slope of the 2-, 4-, and 12-day baselines when they are all in agreement, entering longer-term positions as rates move from the contrary region of the 24-hour price range at the same time that the 2-, 4-, 8-, and 12-hour baselines are reversing direction to transition from trajectories opposed to the longer-term measures to courses that are aligned with them. (And if so, are you essentially executing trades as price comes out of pullbacks behind a distinctly sloping 2-day baseline?) Thereafter, you enter positions in the direction of the slope of the 8- and 12-hour baselines following pullbacks in the 1-hour and 2-hour trend lines, possibly "behind" the center of the 4- (and even the eight-) hour measure(s).
You can pretty much ignore Post #565, because in the final analysis, I think it all comes down to this... If I want to make money every single day, and do so relatively quickly, the best approach is to day trade based on reversals at the outer edges of the 40- through 120-minute price ranges as signaled by the 10- through 23-minute baselines, with the highest probability of success associated with trades made in the same direction as the aligned slopes of the 60- and 120-minute measures..
This isn't trading related activity...but just something I came across that I found mildly amusing while engaged in the activity of checking my email: A Special Surprise for Orange County Triplets MemorialCare OB/GYN Dr. Daniel Sternfeld was pleasantly surprised to discover that not one, but three of his patients – triplet sisters – were all expecting at the same time. The sisters have done many things together over the years, and now they're each planning to deliver their babies during the same year at The Women's Hospital at Saddleback Medical Center.
You are now redacting your profits and losses. Your journal has become as useless as... You have nearly a dozen journals here, they are all sim, and none of them ever follow your goal. Like compounding. Whatever happened to that idea? Oh, you never explored the idea, or if you did, you had massive losses and were too embarrassed to show the results. You are the worst form of trader. One trader, one journal. Jesus! Unfortunately I cannot ignore you because that is against my rules. Yes, that is how deep I am following my plan. But Expiated, you really do suck for these things that you do.
Yes, it is final! It is Monday, August 2, 2021, almost a full four years after your first post at this forum, and it took all of this time to tweak a profitable strategy until it could not be refined any better, or at least not by you. From your daily charts down to your one-minute charts, when you think you see something, it turns out that, yes indeed, it was what you thought it was. And when you trade it a certain way, expecting to get a certain result, that is indeed the result you get. So, continue learning to code in Metaquotes Query Language to determine whether you can fully automate this system yourself within the next year or two. Beyond that, just relax and see what happens from here.