The price structure cannot be detected with our eyes. Price time series can never be seen by mere eyes. If the trader analyses market with his eyes he falls victim to, 1. confirmation bias 2. apophenia, 3. pareidolia

What Would It Take: $3,000 to $40 Million in FX

My list, DJIA NASX DAX ASX GOLD OIL

Michael S. Jenkins teachings

Good question. I monitor many pairs at one time. To do that set a mt4 price alert at the price identified by those drawn lines. This way you don't have to screen stare waiting for price to touch those lines. Personally I wrote a alert code that ...

Michael S. Jenkins teachings

Pb, that's a timely warning for trading trendlines. Earlier I plot fib retracement, fan and extension to help determine the TIME a projected level might be hit. In my last post with pic I started experimenting with the time zone tool highlighted by ...

Michael S. Jenkins teachings

Bookmark this Pb post, read until you fully understand what VTL mean. Then try identify this line from your drawn lines. Practice makes perfect. url

Michael S. Jenkins teachings

If he succeeds, that'll make his holy grail panel $1million a piece at discount.

What Would It Take: $3,000 to $40 Million in FX

I am more interested in the risk exposure for his attempt. Large returns normally comes on the back of equally large risk exposure. Anyone can gamble his way to a astronomically high short term returns. But to achieve high returns with reasonable ...

What Would It Take: $3,000 to $40 Million in FX

Yes you are right. Price can be heading towards one short term target then suddenly reverse towards major levels. I have all of that info coded and marked on the chart. That's how "indicators" come into play. They show the quality of the current ...

Why do traders use so many indicators?

I think we should not pass judgement about JetTrader too soon. The same cruxificion happened to George. The best traders are somewhat eccentric in nature. That's the clear sign they are different. Give him the benefit of doubt. Same as George. Both ...

Why do traders use so many indicators?

Nice job JT, lots of details. Looking forward to the streaming session.

What Would It Take: $3,000 to $40 Million in FX

Ok, now your clarification completes my understanding, thanks. I was certain George must have seen those intraday targets that explains for why he uses the intraday word in his title. To be honest, not a knock, imho the entire trading concept was ...

Why do traders use so many indicators?

Just for your info for someone else who found value from his thread. I have extended his targets idea to intraday level showing targets for each trading session within each trading day for each pair. That's the research work I have done. No need for ...

Why do traders use so many indicators?

I read the entire thread. I agree it's good read and I have gained a lot. Just that aside a few people including yourself, there were no one else who posted charts to demonstrate their understanding of what they have learnt. Some of those posted did ...

Why do traders use so many indicators?

Spot on sweet concise answer.

Why do traders use so many indicators?

This is where I don't understand. Pls clarify. You mentioned in both EU and EA trades, I assume executed by your trading bot, that the entries were early. When compared to the actual level, they are way off the mark. My question is why don't you use ...

Why do traders use so many indicators?

I have not pass judgement on his trading yet. Who knows he MAY be the Einstein in trading among us. I look forward to his live streaming video. I am wide open to learning new things, that's why I am here. I wrote earlier, how a trader performs in ...

Why do traders use so many indicators?

You did better than me. I don't understand one bit of the dashboard, way over my head stuff. So I must admit I didn't try at all.

Why do traders use so many indicators?

To all doubters, I can understand why you doubt if this method works. The systematic way to your doubt is, 1. Quantify exactly what your doubt is all about. Post on this thread why you think this method don't work. Post chart examples to demonstrate ...

Michael S. Jenkins teachings

Agree.

Why do traders use so many indicators?

Provided they saw the same gap from their brokers platform. I have 2 question, 1. how you go about looking for gaps ? Is it h4 and upwards gap ? 2. How often do gaps get filled in a week ? I mean how many trade opportunities a week for the 28pairs ?

Why do traders use so many indicators?