The ideas that I trade by:

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ForcedShadow
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Re: The ideas that I trade by:

Postby ForcedShadow » Wed Jul 27, 2016 11:53 am

Craps offers the best statistcs to use martingale. 86% if you keep betting the pass line. After 1 hour play your odds decrease dramaticly. After 8 hours playing your odds are just 12%. When playing a maximum of 10 rounds on my tablet I´ve never lost. Blackjack comes in second with 84% and (American) roulette has the ´worst´ odds of 82%, given that you play a maximum of 1 hour casino play.
If you reject the truth, you must believe a lie

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MightyOne
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Re: The ideas that I roll by:

Postby MightyOne » Wed Jul 27, 2016 4:54 pm

ForcedShadow wrote:Craps offers the best statistcs to use martingale. 86% if you keep betting the pass line. After 1 hour play your odds decrease dramaticly. After 8 hours playing your odds are just 12%. When playing a maximum of 10 rounds on my tablet I´ve never lost. Blackjack comes in second with 84% and (American) roulette has the ´worst´ odds of 82%, given that you play a maximum of 1 hour casino play.


One of the statistics that I am going to use is that the average number of rolls before a 7 is roughly 3.8

After the shooter makes his point you have about 2.8 good rolls before your money is swept off of the table so that is why you only make bets that you can turn off & take down (place/lay) &/or bets that hedge other bets.

We don't bet the pass line in craps because it is a contract bet (you can't take it down) & it usually takes more than 4 rolls for a shooter to make his point.

We want to get paid something for every roll of the dice so that we are leaving with money if and when we decide to leave; Iron Cross is one such strategy where you own every number except the 7 (or the hedged version where you own every number except exactly the 6:1), but there are better strategies.

I believe that the Craps table is little different than scalping the markets if you make bets that have similar mechanics (placed on/off, hedged, etc).
Some proper bet sizing, money management, & TRO "bet what you see", and we might be able to beat this thing long term...not after a billion rolls but over a much smaller sample size in which anything can happen. :wink:

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westcountry
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Re: The ideas that I trade by:

Postby westcountry » Wed Jul 27, 2016 5:41 pm

MO,
That is one BEAUTIFUL table, Congrats to you on getting that. :D
All the best,
West

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Jul 27, 2016 5:48 pm

westcountry wrote:MO,
That is one BEAUTIFUL table, Congrats to you on getting that. :D
All the best,
West


Thanks West. :D

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Jul 27, 2016 6:06 pm

Just charts discussing channels...
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 28, 2016 2:35 am

MightyOne wrote:Just charts discussing channels...


Know what I mean Mr Bean?

This is a chart with updated prices for the people who downloaded the channel file.



GBPCHFM1.png
GBPCHFM1.png (83.58 KiB) Viewed 450 times

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 28, 2016 4:49 am

GBPCHFM1.png
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anikazahir
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Re: The ideas that I trade by:

Postby anikazahir » Thu Jul 28, 2016 11:16 am

Cheers from bangladesh.

Dear Sir but how to trade this?
1. From 'pattern' to 'pattern'?
2. From 'pattern' to breakout?
3. From breakout to 'pattern'?
4. From breakout to breakout?

When and how initiate trade? What is the trigger?
Can you Sir give some examples how to trade this?

:smt058 Your Anika.

salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Thu Jul 28, 2016 1:29 pm

anikazahir wrote::smt058 Your Anika.

Kiss saved the situation ... :lol:
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 28, 2016 3:52 pm

anikazahir wrote:Cheers from bangladesh.

Dear Sir but how to trade this?
1. From 'pattern' to 'pattern'?
2. From 'pattern' to breakout?
3. From breakout to 'pattern'?
4. From breakout to breakout?

When and how initiate trade? What is the trigger?
Can you Sir give some examples how to trade this?

:smt058 Your Anika.


I look for the simple answer in P&F and then look to the bar chart for further guidance.

Each point represents the line that is above & below it so that trades are triggered within an area.

Up-channels go up, down-channels go down.
If price is in the top half of a channel then it wants to go up or if it is in the bottom half then it wants to go down.

A beginning poker player plays his cards differently than the skilled player because the skilled player can read patterns and come to logical conclusions based on what is happening at the time.
Ask till he blue, the beginning player receives no benefit from the skilled player until he can put 2 with 2.

Trading is the same. Everyone uses horizontal lines and has simple systems and strategies (they know how to play their cards), but a few observant players can detect the numerous nuances of a chart and adjust their strategy to the situation (they play the player).

Best of luck Anikazahir.

GBPCHFM1.png
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