As a continuation of my reversal studies, I identified 15 cases of sudden 1H changes. I graphed the 1H, 15M and 5M and I checked on their reversal and trend when the event occurred. The 15 cases are similar to the one shown in this post. The results ...

Lusan's trade Journal

In terms of the 1H reversal...I am really surprised...I expected that they would tell me more..the volatility is so large that a reversal after the 2nd bar is almost random. So if I see 1H reversal I should take that warning with 2 pounds ...

Lusan's trade Journal

|Now a similar study for 15M reversal N= 54 (A little lazy because it is late) 94 % that PA will revert AGAIN further than 1 bar 70 % that PA will revert AGAIN further than 2 bars 35 % that PA will revert AGAIN further than 3 bars 23 % that PA will ...

Lusan's trade Journal

Study on reversal — As part of my quest for a consistent way to access the trading bias, I just finished a quick analysis of 4H reversals. I marked in a 4H charts all the minor highs and lows for periods of uptrend as downtrends. It is not a ...

Lusan's trade Journal

Agree. However, I will stay out. I'd wish not to gamble. I do not like tha alternating 1H bars. 100 pips up and down. At the second reversal I would be just watching the show. Remember I pay attention to every single 1H bar. Color alternation? Not ...

Lusan's trade Journal

Agree. Reversal alone is not enough! I already checked this idea out. A reversal is not enough. I need more.

Lusan's trade Journal

What a mess! I would not know how to dance it. Bias? What is the bias? You could dance in any direction and you would be wrong as well as right...Pure roulette insane gambling. The best?....Stay out...the 1H is totally insane. Look at this chart. Is ...

Lusan's trade Journal

For example, in the chart, we have the 4H-1H combination and the reversal candle. In this case, I would not trade but wait..If I wanted to trade I must short but it would be risky..because the 4H and 1H are north and 15M might just be either in ...

Lusan's trade Journal

Correct. Both flip and surrender. I want to remove the emotion and the gut reaction away from both events. So far my best idea: Setup 1) Draw 2 touch TL from last minors in 4H - Main trend 2) Draw 2 touch TL from last 2 minors in 1H - Secondary ...

Lusan's trade Journal

This weekend I passed several hours checking on 1H reversals. I wanted to insure myself that 1H reversals were accurate..because they would help me with flips and to see better the beginning and end of the 1H bias. Yes they work very well..but they ...

Lusan's trade Journal

and timing with the 5M Currently working on 1H candle reversals...why? I do not trust the published information about it. Yes...that is a masterkey concept. Regards

Lusan's trade Journal

Trade managing strategy — "How to find the famous bias for dance trading? When to pull the plug? When to realize that previous TA analysis was wrong?" I dedicated that last 3 hours reconsidering them. Why?...Risk managment, risk management.. ...

Lusan's trade Journal

Cobra, I am a naked trader willing to explore the indicator universe. I like your scalping setup. I will play with it next week. Thanks for you great work.

THV system, final edition

Now I kill time drawing lines on the 15M chart. It is a lot of fun and scare the heck out of me. The bounces from place to place makes prediction very tempting. However note that the behavior is dynamic. See that we have 2 an overlapping of 2 bear ...

Lusan's trade Journal

Rapa, thanks for the info. I will keep an eye on these things Aurexis, thanks for pointing out to Dr. Andrews. That is something new for me. Predictive? Maybe if we used for trading. I will watch about. When I dance, I paid no attention to any trend ...

Lusan's trade Journal

Crazy inside trend — Look at this chart....Inside trend...Is this a coincidence? Is this norn-linear cmnputer trading?...I want to know...

Lusan's trade Journal

A nice revesal...is it true? Home come 4H was talking about it several hours before Bush speech?... I find it amazing that the charts did not lie! That is something to explore further.

Lusan's trade Journal

Look at these touches on the 15M...So TA does not work?...Who is making these chart behave this way? No me! Look at the trading patterns...pullbacks into faiing uptrend line... We could have say to short E/U at each of the touches and ...

Lusan's trade Journal

Today a good dance.... Anyway, I believe that the quality of my dance is highly depending on the right accessment of my bias. Today I place a pivot point indicator on the 1H and I observed reversal or consolidation whenever PA either touch or was ...

Lusan's trade Journal

I was asked to show my latest mess. I lost a bunch of pips...5 % of account. The chart shows the trades. Enjoy it. what really happens? I did not pay attention when PA sayed that she was going south. I insisted on north. So she bit the heck out of ...

Lusan's trade Journal