The ideas that I trade by:

[TheCrumpledOne]

Something that might interest you MO http://www.holdemmanager.com/buy/221/omaha-manager-2
You may already know of it.

poker... ? anyway, thanks MO for the 'lifesaver' tip, would love to buy it someday..

watched the TED video as well.

[MightyOne]

poker... ? anyway, thanks MO for the 'lifesaver' tip, would love to buy it someday..

watched the TED video as well.

I have no idea what you are talking about.

[TheCrumpledOne]

poker... ? anyway, thanks MO for the 'lifesaver' tip, would love to buy it someday..

watched the TED video as well.

I have no idea what you are talking about.

Harvesting your own source of water. Link: iconlifesaver.eu

You posted it in 2012, long time ago. Could have been forgotten.

Hope u have some idea of what i am talking about.

[TheCrumpledOne]

Harvest your own water:

http://www.lifesaversystems.com/buy-wat ... ycan-10000

The filter lasts for ~5283 gallons of pure drinking water and
that means that it costs 0.028-0.03/gallon.

Here you go.

[MightyOne]

Guess where price is going if it starts trading below the line? "...."

Step 2: define trigger
Step 3: price touches the trigger
Step 4: go long.

Price cannot touch the low without crossing below a line so feel confident that price is going up if it is above something.

Does the small chart tell the same story? That is for you to decide.

USDJPYMonthly.png

Step 1??

"Guess where price is going if it starts trading below the line?" Down.

[MightyOne]

Hello all,

really sorry to intrude here... would really like to learn but it seems this is a very advanced thread, I have read the first 30 pages, and the last 26 pages, really getting confused...

I see things about 15 degrees channels, I see "space" terms in charts, I see "position" as area for entries, I see lots of metaphors... I would appreciate if someone could really give me a lesson, so that I can digest, simplify and make a video to help others, I am sure I am not the only one who could use some help.

Please help... anyone created a instruction manual for the past 4 years of information? is there a link for the indicators for the posted charts?

Ideas are not lessons, they are simply ones current imaginations.

Without counsel purposes are disappointed: but in the multitude of counsellors they are established.

[MightyOne]

poker... ? ...

This is why he brought it up.

There is a lot of room to move up, from $0.01-$0.02 all the way to thousands of dollars per hand.

Trips is NOT a good hand in Omaha...

[MightyOne]

I've been working on BIAS logic:

Solution to outside bars? Switch periods!

Code: Select all

   HI_HAGO = (pmidpoint + phigh)/2;
   LO_HAGO = (pmidpoint + plow)/2;
   

Code: Select all

if(AUTO_MIDPOINT){
   //outside bar
   if(high > phigh && low < plow){Period_Choices = PERIOD_D1;}else
   if(high > phigh && low < plow){Mid = open;}else
   //inside bar
   if(high < HI_HAGO && low > LO_HAGO){
   if(close > open){Mid = low;}else
   if(close < open){Mid = high;}}else
   //no breakout
   if(high <= phigh && low >= plow){
   if(high > HI_HAGO && low < LO_HAGO){Mid = midpoint;}else
   if(high > HI_HAGO){Mid = HI_HAGO;}else
   if(low < LO_HAGO){Mid = LO_HAGO;}}else
   //BO & overlap
   if(high > phigh && low < LO_HAGO){Mid = LO_HAGO;}else
   if(low < plow && high > HI_HAGO){Mid = HI_HAGO;}else
   //BO & no overlap
   if(high > phigh){Mid = (HI_HAGO + high)/2;}else
   if(low < plow){Mid = (LO_HAGO + low)/2;}else
   {Mid = (high + low)/2;}
   
   }


[TheCrumpledOne]

Hello MO,

really appreciate the response, I will try my best to ask questions to gain more understanding on your imaginations.

I don't think of a trade as an entry but as the placing of a stop loss and the normalization of risk; normalizing risk "trails" your stop loss and that is why I have said in the past that "trading is simply placing and trailing stops".

It is good that once you enter a trade, you have a stop loss in place.
1) But do you enter a trade primarily because of this very good stop loss position?
("Very good stop loss position" here means price is very unlikely to reach due to your analysis)

Lines spacing is based on a percentage of the weekly median range.

2) Clarification: "Weekly median range" here means the current week's range? or is it the last week range? or the average of weekly bars for the past month?

I will calculate to give examples using EURUSD:
EU current week range (high to low): 90.5 pips
EU last week range (high to low): 134.5 pips
90.5+134.5+187.6+129.1= 541.7pip divided by 4 = 135.4pips (average of weekly bars for the past 4 wks)

Once this is clarified, I will calculate the percentages for the different timeframes (M1-MN)

The length of time that it takes for price to move through space, from one line to the other, determines the timeframe that you are trading;
like Point & Figure charting, the scale becomes the timeframe.

This is quite deep. hehe... I will try to break it down.

3.1) Does this mean that the faster the price move to get from one line to the other, the bigger the timeframe you will be trading on?
3.2) Is this example correct? If the EURUSD moved 300 pips during the day, it has determined that the timeframe I will be trading will be on higher timeframe (D1, W1, MN).
3.3) Can I have the indicator for Point & Figure charting please. I would like to see what it means to have the scale becomes the timeframe.

These are some questions I have for now, will write again soon. Thanks all for reading this post.

[TheCrumpledOne]

Placed the EIGHTS indicator on the EG chart to get the sense of similarity...

eg chart.png (40.62 KiB) Viewed 4413 times