Wednesday, September 1, 2021 MILESTONE Note that this new perspective on your chart configurations has dramatically increased the predictive strength of your forecast model interpretations...
Based on the above perspective, I plan to spend the rest of this week evaluating the validity and reliability of executing trades that are almost guaranteed to be successful by only entering positions when the slope of the 10-hour and 24-hour baselines have met certain thresholds... (As I am writing this, I seem to recall having recently done this same sort of thing in the not-too-distant past.)
Perhaps so, but I don't think you are likely to ever move away from this particular set of parameters. Every trade based on the above premise was successful.. Moreover, it looks like you can probably easily average 20 pips per trade using this approach, unlike the average of two to seven pips you were still scalping four or five years ago...
Thursday / September 2, 2021 / 10:40 AM PST I think this morning has yielded the final refinement of my one-minute charts. Used in combination with the parameters of the above longer-term perspective, I trust this will lead to very productive trading. However, it again brings me to a point where there is no reason to list my observations here, given that the exploration phase seems to pretty much be over, so these last few details can be limited to my personal notes since I am no longer trying to work things out—not to mention that these last final, finely-tuned settings are probably too valuable, at least to me personally, for me to share them publicly.
Wrong... there are yet more nuances to be discovered and validated. For example, I think you can pinpoint better entry levels than waiting to catch rates as strongly trending pairs initiate a new breakout by executing your trades when candlesticks are forming at or close to the "far side" of the two-hour price range envelope at 0.13% deviation (which trending currency pairs seem extremely reluctant to violate) when they are simultaneously painting in proximity to the "far side" of the 23-minute price range at 0.10% deviation... Then, if you haven't already pocketed available profits, you will be in terrific position to maximize gains once the assets finally (or inevitably) do breakout.
I've taken my perspective for trading this week and made it better, though I won't go into details as to what this means. I'll just note that the appearance of the final configuration falls somewhere in between the above two images. Exciting times ahead... I think I should bite my tongue and resist the temptation to say anything more. I should probably just lean into the fun of trying to learn how to program what I'm doing manually into MetaQuotes Language 4. I hope I can make some significant progress on that front by the end of this week..
Wednesday, September 8, 2021 ALL DONE! Well, it looks like the numbers and the basic approach to trading the Numerical Price Prediction (NPP) Forex trading system is now set in stone. I trust the one error in judgement I made today will be among my very last, God willing.
If you maintain a 90%+ success rate for the remainder of this week, I think it will be okay for you to begin using 0.05 as your standard trade size for the rest of this year, and then switch to trading 1 Lot per transaction in 2022. Today's third AUDJPY trade (see below) should give you a rough idea of what you can expect from each position, on average, if you trade 0.05.
Friday, September 10, 2021 Today the markets did not go in the direction they were "supposed" to go until the second half of the New York session. This taught me that I need to switch back to trading 1-minute charts as opposed to 30-minute charts, as I had been doing. I therefore spent the morning using the EABuilder website to generate corresponding signals based on these proprietary lower-panel indicators I coded in the past... Then late this afternoon, I used the above proprietary readings to identify matching measures on standard/traditional "factory-equipped" indicators to facilitate designing corresponding expert advisors at some point in the future... (NOTE TO SELF: See how useful this panel at the very bottom might be for trading binary options at Deriv.com.)