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iDoubleStoch replied Jul 24, 2014The beautiful thing about B2i is that it remains consistent in all time frames. So, this smallish 11 pip range for the H1 gets bigger for H2, H3, H4, etc., for those that have non-standard time frame indicators for MT4. My production trading system ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014This is an updated pic of the D1 B2i shown on an H1 Chart. Remember, I said that if price exits the B2i Box below its Fall Line then the trade is Long. If price exits the B2i Box above the Fall Line then the trade is Short. Entry is determined by ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014Back from Doctor's appointment H1 B2i Pattern plotted on M1 Chart: image The above chart shows that the B2i tendency worked. The highlighted and elongated blue shaded area shows that after price cleared the tip of the 21:00 projection level, it ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014image Last update before heading to my doctor's appointment. You can see here the example I mentioned above where price needs to clear the tip of the B2i Projection point. It is like turning a car around a corner. You can't drive through the ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014BTW - when I get these overlapping B2i structures (like this 21:00 to 22:00 overlap) I stick with the current trade, if I've already entered the position - unless I was intentionally setting aside capital in reserve just in case I get B2i overlap. ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014No. No more publishing for me. I just saw someone asking whether or not the market is really random. I always find that question to be the most controversial of all subjects amongst traders world wide. People have already written books, done ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014The spreads are way too high and the volatility is way too low, but that's ok, I just want to illustrate how a B2i is supposed to work. Position opened at: image for one (1) lot. Replaced image with one that I hope can be seen.
Is random really random?
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iDoubleStoch replied Jul 24, 2014image A new 21:00 hrs Lowest Low created, so the B2i structure is redrawn and wait patiently for the close of the 21:00 hour. Potential trade has now moved to right about par with the historical B2i target range of 11 pips on this Box. It took the ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014image Second re-test of 21:00 B2i Lowest Low (blue circular highlight) coming in at 22:41 hrs. Several other things are also happening. The 21:00 hours is almost closing in on its last 15 minutes with no substantial Highest High level having been ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014image Price after 21:00 hrs does what? It immediately sets its 21:00 Lowest Low and then retests its early in the 21:00 hr. This is a trigger for a Long trade to the historical limit of this particular Hourly B2i Pattern which is running at about ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014The image you drew at the top was an interesting one. It reminded me of some patterns that I look for in my trading. Below you will find a Market Pattern that has low exploits - meaning that hardly anyone other than myself knows about it or trades ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014You can trade technicals each day. You cannot trade fundamentals each day. You can trade technicals each hour. You cannot trade fundamentals each hour. You can trade technicals whenever a valid patterns emerges, but you have to wait around to trade ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014By definition - that is a Pattern. All traders trade patterns whether they know it or not. This is one of the interesting things about traders in general. They think that by using the word "pattern," that there must be some kind of formation of bars ...
Is random really random?
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iDoubleStoch replied Jul 24, 20141) If a position is never closed then by definition it is not a "trade" - it is a "position." 2) Traders trade while Investors invest. 3) Holding anything for such long periods of time makes one an Investor, not a Trader. George Soros, does quite ...
Is Never closing any trade a good idea?
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iDoubleStoch replied Jul 24, 2014I don't recall being polled about my private research. "The research." What's that look like? Did it include my data models or my tools? Of course, not. Who said it did? I used to guess all day long, too - when I was green and completely unaware of ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014If the rules change, the Pattern no longer exists therefore, you'd never see it again. A real Pattern has a cause behind it. If you see it, the rules are intact by definition. The "Morning Star" is not a Market Pattern. It is a Candle Pattern. ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014All input to price movement give rise to all Patterns in existence. Pattern traders are Intra-Day Traders who while paying attention to the news are not absolutely driven by it. News Traders or Fundamental Traders care deeply about such "events." ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014Study the Weather/Meteorolgy. You will find exactly what you just alluded to within the earth's atmosphere happening all the time someone on the planet's surface. Weak Cold Fronts or Occluded Fronts where a cold front overtakes a warm front produces ...
Is random really random?
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iDoubleStoch replied Jul 24, 2014In fact, there are so many of them, you could spend lifetimes hunting them down. All you need is one (1) good Pattern with sufficient structural foundation and the rest will be "History," literally. For a really good "edge," make sure your Pattern ...
Is random really random?
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iDoubleStoch replied Jul 23, 2014In quantum theory, there is little to no distinction found between "past," "present" and "future" events. Slice Time into ever decreasing increments and at some point the very definition of Time begins to change as it dissolves into the fabric of ...
Is random really random?