Harmonic Analysis - page 257
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What does IB mean?
IB - Inside Bar Inside Bar Forex Trading Strategy | Learn To Trade
triangle is manually
the pros Alfonso has good rules for using supply and demand,but the cons is he adding too many pips to the risk which so many of his trades become 1:2 - 1:3 sometimes he just need to skip a trade because he added 25 pips to the stoploss. also he skip so many good trades because a zone has been "tested" once,
sometimes that's what happened, price is manipulated and a zpne need to be tested more than once to shake all retailers that got good entries and took position into B/E.
anyway, that's how he sees the market and if it's working for him that's good enough.Agreed. The other problem with his aproach lately, he is changing his rules
- I wonder why to do that when the strat is profitable and great (greed, or what)?
- The homework page is changing radically, all need to be retested..
My experience with changes...those never brought good results - definitely not at the beginning.
IB - Inside Bar Inside Bar Forex Trading Strategy | Learn To Trade triangle is manually
Thank you! I know Internal Bar and the meaning of it, I did not recognize the abbreviation!
Thanks
Agreed. The other problem with his aproach lately, he is changing his rules
- I wonder why to do that when the strat is profitable and great (greed, or what)?
- The homework page is changing radically, all need to be retested..
My experience with changes...those nevert brought good results - definitely not at the beginning.honestly, I didn't find any success with alfonso, got many stoppouts finally when I had a winning period it didn't covered my losses.
I have no idea why he changes his rules, that must be a bad sign.
and I will never use a strategy that I'll risk 1 to get just 2 or 3
Lobo, take a look at CADJPY and find two bullish dragons.
Hey RyuShin, I could not. Gimme a hand plz.
Well maybe an acting one on H4, there BAMM could be an option, but do not know, I have just installed this cross...
Chart CADJPY, H4, 2014.04.07 19:02 UTC, HF Markets Ltd, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots
The other one there is possibly on M15, but so small and not clear I would not bother.
So what did you mean?
honestly, I didn't find any success with alfonso, got many stoppouts finally when I had a winning period it didn't covered my losses.
I have no idea why he changes his rules, that must be a bad sign.
and I will never use a strategy that I'll risk 1 to get just 2 or 3btw, with harmonics you can also get more than 1:2 or 1:3, it matter of how you define the stoploss.
btw, with harmonics you can also get more than 1:2 or 1:3, it matter of how you define the stoploss.
That is true, since I am involved with Sup/dem, definitely true.
Less early entries and the criteria of stop outside X is something I can override. I experience better trading results since then - at least less stress for sure.
Here is the BAT, my objectives are 1.4890 and 1.4600 before after
Hey RyuShin, I could not. Gimme a hand plz.
Well maybe an acting one on H4, there BAMM could be an option, but do not know, I have just installed this cross...
Chart CADJPY, H4, 2014.04.07 19:02 UTC, HF Markets Ltd, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots
The other one there is possibly on M15, but so small and not clear I would not bother.
So what did you mean?I didn't want you to use any indicator because I thought you follow the rule of dragon you showed me.
btw, with harmonics you can also get more than 1:2 or 1:3, it matter of how you define the stoploss.
Glad to see you here irad. I've recently come back and try to keep up with the thread. You said you don't use harmonics anymore. I guess now you make profit with your strategy. Good for you. As you know I trade long term now and it's been pretty fine. I don't have to look at chart long which kinda made me tired and stressed out. Anyways you're welcome here always.