Opinions about the Closed Thread Welcome.
Forgive me but We would like to get the'Groundworks' down before the distractions abound.
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Opinions about the Closed Thread Welcome.
Forgive me but We would like to get the'Groundworks' down before the distractions abound.
That usually means you are welcome to post here.
I don't believe we are the only individuals who have considered Time as a factor.
Hi
Curious to see where this can go and how you make use of time. 1 element of time I use is time stops. For instance, how much time do we allow a place whether it doesn't appear to be demonstrating itself in either way to devour? Once we had it I started a thread from the Trading Room along with a few of the answers made me think about time in more ways than easy time stops. The thread (very short) is here.
Https://forexintuitive.com/forex-tra...avy-train.html
In case this doesn't in any manner dovetail with what you are leading up to, then go right ahead and delete this, or I will without feeling slighted. I'm all for maintaining the thread concentrated.
Like I'd delete a response from you. Thanks BF I know your name and have forwarded it to the appropriate authoroti... yeay yeay, but I had you going for a moment there, did you ch the Time Element?Originally Posted by ;
It's a pertinent and integral part of the S#it we do Nevertheless, as Nevertheless, I really don't have the Codex.
Working on it.
Does not matter. They have already got my number but have too many bigger fish to fry.
I'm sure you've used F and P charts or at least played together. To mepersonally, F and P gets rid of everything I call time noise. If price is not moving we do not see it . This hides the regular recurring phases of non-activity--late NY session, late Asia session, etc.. In 1 way, it is to our benefit--those periods of inactivity are not exactly the same as indecision and depending on method and interval, should be dismissed.
However, in the shorter term we stay out through those inactive periods and make our decisions based on the management of the upcoming new semester, which is probably a reaction to the previous semester.
Therefore, my question to youpersonally, as I'm sure you've filled in a couple of F and P charts by hand: Do you see a benefit in reduction of time noise that F and P charts might offer us? Or do you think they eliminate something useful.
To be truthful Bill, I have probably looked @ Point Figure a couple of dozen times during the last decade or so.
Point being.
I would appreciate your understanding of how it helps you in discovering your Timing.
Trying to work on some images to populate the other thread but can't dismiss dieties like this man
(yeah, I suggest you billflet)
Think about this.
I'm Extended using a TP 120 P over Entry. I enjoy where I Got In, Price raced 80 in my favor but that was two hours ago. Now what?
I'm Extended using a TP 120 P over Entry. I enjoy where I Got In, Price crawled along for two hours or so before breaking up 80 in my own favour. Now what?
I'm Extended using a TP 120 P over Entry. I enjoy where I Got In, Price has not proceeded for two hours or so I'm Beginning to reevaluate My Trade. Now what?
2 Hours could just as readily be two Min, two Days, Weeks or Months.
That is all about The Other Factor of if You Cancell a Trade.
It may not be Just about Pips.
Scenario:
I'm In I'm Extended.
6Hrs later; I'm up two pips. that's wonderfull if it has not swayed 80 during those 6 hrs.
It's Old like me I understand but Timing Relates into Time.
This thread is a search to pull the curtain back.
I are inclined to lean toward Hold a creeper, let go of a leaper
The first scenario: I'd be anticipating a fast retrace of at least part of the 80 pip leap. So, I'd be likely get out happy and expect another fantastic entry if price continued up. Once I get nervous I loathe to tighten stops. If I were up 80 pips and tightened my halt to 15 or so, I'd feel certain of giving back 15 pips.
Secondly scenario: I enjoy creepers, so I'd have more confidence in this and would hold.
Third situation: If I were trading 15 min I had bail. 30 min--I'd be getting close to bailing. 60 minutes or more, I'd give more time to it.
The reason for these options is this: If price does not move in 5 candles at the time frame I entered on, I think my analysis was offmy expectancy is disappearing and I'm getting closer to some coin-toss entry. But...I need to consider time of day. If I got a entry in the West session, or overdue NY morning, then I'd be anticipating price to languish. It would need to be an attractive entry to drag me in during these hours though.
Https://forexintuitive.com/forex-tra...reen-pips.html
It is something I came up with two years ago. It is looks fine and does it's job but I've moved to other methods. I called it a parabolic stop.
,
Jr97 will remember this pic, to the own consideration. Principles for 3d projection.
regards,
a
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