The Sacred Edge -
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thread: The Sacred Edge

  1. #31
    quote I feel the entrance and exit are so intrinsically linked, from a private plogy point of view I feel it contributes towards commerce anticipation. There's one thing differentiating Risk/Reward, but there's another thing finding an edge that defines Reward and with another edge that defines risk. For me, entering the market means choosing or defining risk - because we assume and easily accept that we do not understand what the market is going to do. You only have an expectation. As you entered and took on this risk, there must be an underlying...
    Yes matey. This helps alot. As a matter of fact its like you typed into my thoughts before I read your post. I figured out just what to do and came up witha program. Im already seeing where I had been missing it, leaving hundreds of pips on the table. My egy I figured out is to unite the concepts of my 4 threads into a fine knit methodoloogy. This would look after entries in addition to exits. Heres what i wrote in my notes.
    1. Short term swing trend trading thread concept( Provides Trend management )
    2. Sacred edge thread concept(used for good entries and first trade management. Move stop to BE once sacred edge target is struck then free ride the trade moving stops with every new swing high or low)
    3. Time established TZ/RZ thread concept along with previous trading knowledge(used for commerce direction, optimal targets and major correction targets for possible reversal transactions. Entrance and exit). Counter sacred edge signal also for exits.
    4. Longterm position trading thread (when sign 4 contrasts with 123 I understand im considering a 500 to 1000pips profit commerce )
    So thats it. Everything I understand incorporated into a trading methodology. Next week, cant wait to see my results

  2. #32
    Junior Member albamolina12's Avatar
    4
    quote Yes matey. This helps alot. As a matter of fact its like you typed in to my thoughts before I read your post. I figured out exactly what to do and came up witha program. Im already seeing where I had been overlooking it, leaving tens of thousands of pips on the desk. My egy I figured out would be to unite the concepts of my 4 threads into one nice knit methodoloogy. This would look after entries in addition to exits. Heres what i wrote in my notes. 1. Short-term swing trend trading thread theory ( Provides Trend management ) 2. Sacred border thread theory (used for good...
    That is what I am talking about! SNAP!

    And do not forget - that is just Trade Setup/Management!
    Also consider the efficiency gains for the process of Hunting and Filtering.... Which is where topics like Currency Power, Cross Pairs and Fundamentals/News help you decide what areas to concentrate attention on. Eg. Today's good results affected GBP and that I had been on it and rode it.... No need for directional analysis = much less effort.

  3. #33
    quote That is what I'm talking about! SNAP! And remember - this is simply Trade Setup/Management! Also consider the efficiency gains for the process of Hunting and Filtering.... Which is where topics like Currency Strength, Cross Pairs and Fundamentals/News help you determine what areas to concentrate attention on. Eg. Now's great results affected GBP and I had been on it and rode it.... No demand for directional analysis = less effort.
    Thanks mate

  4. #34
    quote That is what I'm talking about! SNAP! And remember - this is Trade Setup/Management! Also consider the efficiency benefits for the Procedure for Hunting and Filtering.... Which is where subjects like Currency Power, Cross Pairs and Fundamentals/News help you decide what areas to focus attention on. Eg. Today's good results affected GBP and that I had been on it and rode it.... No need for directional analysis = less effort.
    I see why csm is vital. CSM will seperate fantastic setups from poor or at least let you see when the comparative pair strengt is right for entrance to avoid massive drawdown.I never seen csm though I got good trades. My method mosttimes currently cares for pairstrengt without needing to check csm. There are times though I make it wrong. I believe this is were csm can help me. Paying attention to it now will increase my efficiency. Also the news filter is quite useful. Dont put trades during news and when youre in a profit exchange news transfer stop to BE. Mate onfe again

  5. #35
    Gotten the much needed sleep and rest from trading to the week. I'm refreshed and ready for another phase development of the trading. It all adds up today. I believed I had discovered my advantage, I was wrong. I had been detecting an edge(Vlady1974). I just discovered one element of an edge and that is entry procedure. I've tried alot of things based on TZs previously and could get consistent results. They functioned perfectly well for a time an then failed later. But I understood yesterday even as vlad confirmed my realizations that what I had before were different aspects of an edge. The reason that they didnt remsin profitable is since they weren't whole systems but aspects of trading methodology. I've pieced everything together into one finely knit method. I no longer need to have 4threads, 4 egies and 4 commerce explores. Thats where I had been missing it. Its all compressing into one today and looks promising. This has given birht to some new wholistic methodology: The Holy Edge 2.0 ( Trend Trading). Less screen time, less stress, less trades, higher efficacy trades, etc.. Have to keep this on a new thread. That is a journey for me and my distinct threads inform the story and the way my trading evolved to this stage. So please pardon my many threads. I think that the next one is the final one. In line with Vlad1974 newest thread title I have discovered an advantage.

  6. #36
    Junior Member albamolina12's Avatar
    4
    I have pieced everything together into a finely knit method. I need to possess 4threads, 4 egies and 4 commerce explores. Thats where I was missing it. Its all compressing into one today and looks promising. This has contributed birht to some new wholistic methodology: The Holy Edge 2.0 ( Trend Swing Trading). Less screen time, less anxiety, less trades, increased efficacy trades, etc.. Have to continue this on a new thread. This is a journey for me and my different threads inform the story and the way my trading evolved to the point.
    Congratulations mate! It is really awesome viewing your own development. It is amazing to see peers evolve and grow all traders move through it and we're always learning how to keep our advantage! Looking forward to seeing more! We learn from each other!

  7. #37
    quote Congratulations mate! It's really amazing seeing your own development. It's amazing to observe peers evolve and grow all traders move through it and we are always learning to keep our edge! Looking forward to seeing more! We learn from each other!
    Thanks Vlad. You also have been a fantastic illuion of this development procedure. Keep it up

  8. #38
    Thread reopened.
    In the course of my swing trading using sacred edge 2.0 I needed to await times to acquire legitimate signals, and if I was in trades I would need to wait for hours to days hoping the trend will last. I had to make money on daily basis as such the need for ressurecting this wonderful egy surfaced

    having return to my sacred edge trade explorer trades and my experience with the egy I have come to understand that the sacred edge though being a daytrading egy leaving lots of pips on the table when in profit, still is the most precise and accurate of my signs. Giving certain pips, entries and typical winrate of 80%. And as high as 90% when applied accurately. In addition, I get to produce pips frequently most times on a daily basis. Happy to be trading this again. The other thread and trade research will be dedied to sacred edge 2.0 swing trading egy.

  9. #39
    My sacred edge and sacred border 2.0 are being traded from same account once I understood it wasnt necessary to exchange seperate account. Sacred edge 2.0 are basically carfully selected basic sacred border trades that have potential to trend, therefore I hold them to place trades.

  10. #40

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