To me, s/r lines are horizontal lines, as one of all trendlines of any angle, that form support and resistance. They may be temporary, which is usual, or permanent, as with 00/50 lines. s/r lines also serve the purpose of centering the price-time ...

[POLL] How do you draw S&R and trend lines?

The idea of balance lines connect places of balance. One place is spinning tops, especially with a one-pip body. If there is no news, there more often is no one bar that one can count on for a bar channel. So, what do you do? An answer is to put a ...

balance lines

gut instinct - Zurich's Axioms discussion of each trade — overnight trade Yesterday, I practiced losing. (Hey, I didn't really know.) overall approach -- I did so when I knew my trade reason was, in the morning example, initially wrong, and in ...

Pattern's Chemo-Electric Trading Journal

Never seen the indicator before, have others like it. How about The red is bear, blue bull, and yellow neutral. Higher the mountain, more of what's being measured: Volume, likely. Its purpose of being sideways is to establish (volume) levels, rather ...

Cable Update (GBPUSD)

adding different objects to closeup work — Here's a useful addendum to closeup work, that of an intertrend spread pattern: 1) One makes the overgeneralization that high-spread bars tend to produce trends and low-spread bars tend to produce ...

balance lines

psychology -- Being a Zurich's Axiom trader has helped. I've lost all day, and yet retained most of my early, big profit from just a few trades early this morning. One of the afternoon losses took three hours and eleven minutes in five partials to ...

Pattern's Chemo-Electric Trading Journal

Sessional and news lines and midlines affect logarithmic cycles greatly. Here is an example where two news items, both 100psb's, adjust the chart logarithmic cycle must deal with. (There are no logarithmic cycles drawn on these pictures.)

moving averages help draw

Yeah, exactly, and some timely approach to boiling down all this data so one puts in a good trade. Indicators are more often oscillators, which complement trendlines / s/r lines.

Reliance on indicators, or not

(revision) psychology, a first summary of Zurich's Axioms -- Beware others' opinion: Astrologers or 'experts', and the majority. A hunch is fine, when have a reason for the hunch. It's from the 'tip of the iceberg' of own knowledge, so occasionally, ...

Pattern's Chemo-Electric Trading Journal

One guess about why logarithmic cycles exist is that traditional patterns, such as cup and handle, head and shoulders, and triangles, are, at least often, standardized types of logarithmic curves. I'd want to avoid the impracticality of finding a ...

moving averages help draw

The Last Mile, a fiber optics term, is as important, I just read, in latency trading, as it is to go that last mile in ordinary trading, that is, to have the best technical chart and/or fundamentals method possible to use the highest margin for as ...

Help creating a 1 pip system!

Dropped that account -- Called my old broker, who said free/usable margin is the only real number for staying away from margin call. So not only did I break my 10% stop rule, every trade I'd made on that account was bogus, having dipped into ...

Pattern's Chemo-Electric Trading Journal

Yippee! My first news trade. (In a year, forex, demo.)

Cable Update (GBPUSD)

3 4 Just clicking along, having had 10% a day for Thursday, Friday, Sunday and Monday, and using the same-spread bar channels method still, mostly only eyeing different local levels where two or more spinning tops and maybe small, opposing doji are ...

Pattern's Chemo-Electric Trading Journal

You got it! When one does get a method one's comfortable with, use of that 'gut feeling' calms down enough so using the method's indicators pays good dividends.

What is that one forex secret you are holding back from the public???

Hi. Thanks for your input. (I erased the vague and somewhat glib post for this one.) An easy answer to your comment is for me to string together logarithmic curves that are well-positioned in the price-time line and have large, well-defined spread ...

moving averages help draw

derivatives and varieties — Measuring a logarithmic curve with trend centerlines has benefits one must use judiciously. In the first post's example, the midline between the convergence point and its dropdown, the latter determined with an ...

moving averages help draw

1 2 Achieved about 10% each of yesterday and today, using the new hand-drawn same-spread bar channels approach to close-up work (found in 'balance lines' thread.) It was a fairly easy 24h, after the 30+ and the 50+ flattening the g/u into easy ...

Pattern's Chemo-Electric Trading Journal

Well, no, ticks don't arrive one every six or whatever number of seconds regularly, they arrive irregularly. Only your clock, to date, displays this fact, to my limited knowledge on the subject. It's the irregularity of the ticks and how much price ...

tick beat indicator

When the bar changes its size, is what I wanted to record with correct spacing in a separate window with a (MT4-standard) candle each time. Someone just made an indicator with temporary recording, here, so what you answered has just been done. What ...

tick beat indicator