Forex Techniques Development Group -
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thread: Forex Techniques Development Group

  1. #11

  2. #12
    Method #7

    Draw a fib from 5 to 4. Utilize the 38 to 61% place confluence with RN and s/r.

    Entry should depend on 1,2,3 or internal trendline bpc(3 bits ) or 1,2,3 bpc.

    Of course, when price breaks out and form a bpc about the 3 touched trendline, that is another trade itself.





  3. #13
    Draw a fib from 5 to 4. Use the 38 to 61% place confluence with s/r and RN.

    Entrance needs to depend on 1,2,3 or inner trendline bpc(3 bits ) or 1,2,3 bpc.

    Of course, when price breaks out and shape a bpc about the 3 touched trendline, that is another trade itself.
    I wonder whether the potency of the breakout from 7 is significantly greater and stronger when 6 is significantly less than 38 or 23% fib levels of 5 to 4...

  4. #14
    SWINGS CANDLESTICK patterns

    Strategy # 8
    (taken from danuk thread: https://www.cliqforex.com/trading-sy...t-trading.html )

    First, find tendencies on daily/weekly/monthly.
    Subsequently, in area of confluence of S/R, RN, FIBS(38,50,61) search for harami or engulfing pub or hammmer/gravestone/shooting celebrity.
    Enter at 10 pips below formation. SL in -10 pips over pattern formation.
    Condition: Proceed SL to BE in retracement low/high close. NOT THE retracement high/low.
    Condition II: RISK and retracement low/high has to be 1:1 before contemplating for trade.
    Condition III: After two back to back collapsed entry on the exact valid installment, switch to greater timeframe, and enter there. Then, dismiss this setup, if there is another failure then. Three strikes you're out. Let me expand on this: If risk vs retracement high/low = 1:1, then only 1 attempt at entry permitted; If risk vs retracement high/low = 1:2, then only two try at entries permitted; if it is 1:3 or greater, then only 3 try permitted. 3 is your cap.

    CHART EXAMPLE ATTACHED:

  5. #15
    METHOD #2

    TREND/trend switch: greater highs/lows or lower lows/highs on the daily/weekly/monthly. trendline. S/R zones.Take notice of trendline gradient.

    Instance of changes within trendline gradient:
    Hmmm. . .reading through posts that were hector/yaguex/wtb just re-learn something I've forgotten quite a while ago. . .the use of price channels to forecast price goals:

    https://www.cliqforex.com/trading-sy...t-trading.html

    That can be a significant trend/trend change instrument. Even though it have the same skeletal structure of 3 bits trendline fundamentals, in this case, one isn't using it to input trade, but as price goals.

  6. #16
    Method #5

    SWING TRADES: Rules of engagement.

    Hector's strategy. H4/h1/15mins. D1/h4/h1/15mins. W1/d1/h4. M1/w1/d1. AT confluence(fib, rn, s/r, outer trendline)

    Input at BPC after inner trendline break(3 touches minimal ); OR, 1,2,3 completion without bpc or trendline break; OR, bpc on 1,2,3 without trendline break.

    BE the trade after 1:1 or at retracement high/low.

    Beware of the 50% retracement level.
    Provisionally, SL shouldnt be less than -20pips, for now, anyways. And the 3 strikes rule applies to 1,2,3 entrances that fails you. Of course, this re-entry after failure is contigent on the formation being lower/higher compared to prior one. All inside the 38/61 fib group, of course.

    This also applies here: https://www.cliqforex.com/general-fo...1-usd-cad.html

    And also to cover the question of entry in yaguex bpc. I will say this: if you find the P on bpc on h1, visit 15mins(1/4th) to draw on your lines, then, start looking for a bpc on 15mins or 5mins to take your own trade while not tightening the SL below -20pips. SAME HERE: draw lines at H1, prepare for entry on 15mins or h1 If the P is on H4. IF P is daily, draw lines on h4, prepare for entry on h4 or h1. I have been speaking about 3 points bits appliion here...a striaght up, 1, 2,3 can also employ....

    Of course, I will refine this further as time passes...

  7. #17
    Senior Member layunny's Avatar
    195
    my head hurts

  8. #18
    Issue: At what time frame should you ignore lesser fundamental news release during submission?

    H4 and over? Hmmm...

  9. #19
    I intend to contribute
    my mind hurts
    I see your point from the chart you posted. thanks. I dont disagree, but I will include other parameters in entrance stage. Such as confluence(rn, fib degree, etc.)

    Yes, what I am writing here is more for myself than others, that's why my posts are jargonized and somehow cryptic. If I know a method of making this totally private, that only I can read it I would.

    Thank you for your input.

  10. #20
    Senior Member layunny's Avatar
    195
    I see your point from the chart you posted. thanks. I dont disagree, but I will include other parameters at entrance point. Such as confluence(rn, fib level, etc.. )

    Yes, what I am writing here's more for myself than others, that's the reason why my posts are jargonized and somehow mysterious. Then, I will, if I know a means of making this totally private, that it can be read by me.

    Thank you for your input.
    Trading diary section May Be a better way to go less people will be interested if thats what you're after

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