TheRumpledOne

"but what damage does the remaining 25% do to your balance? And of that 75%, what kind of adverse excursion do you have to sit through to net a profitable outcome?" Damage? If you have proper position size, then the worse that should happen is you lose what you risk. So if you risk 1%, you may only lose the 1%. The other edge of the zone is the natural and obvious exit (stop loss level). If you enter long at the top of a zone, then divide your risk amount by the size of zone ("adverse excursion") to calculate your position size. Each daily wick zone trade has the same risk but the position size is adjusted. POSITION SIZE = RISK / STOP LOSS. Thanks again for posting.

These are NOT probabilities. There are NO PROBABILITIES IN TRADING. There are STATISTICS. Statistics deal with the past. Probabilities deal with the future... BIG DIFFERENCE. Watch the video I just posted today and I think your questions will be answered. I run through the complete derivation of this method. Thanks for posting.

TRADING IS SIMPLE WHEN YOU USE HORIZONTAL LINES...

Take the trade in the direction price leaving the daily wick zones. Of course, trade with the H1 and D1 candle colors.

TRADING - TRO WEEKLY OPEN TRADE 001

Define MENTAL EDGE. What do you mean by MENTAL EDGE?

PART 2

WHY DO YOU USE INDICATORS THAT CHANGE VALUES WHEN PERIOD CHANGES?

SAM SEIDEN BELIEVES A MYTH Sam talks about time frames but he is buying into a myth.

Dish has a 2 second delay... do you realize that is EONS compared to HFT computers sitting next to the market servers getting almost instantaneous response time. That's why I had to adapt and adopt another way to trade.

TRADING SAM SEIDEN DOESNT LIKE SQUIGGLYS EITHER [ame=http://www.youtube.com/watch?v=0kVsnJ-auOE&feature=share&list=UUR05xm7kdj5NVSxsoBbbiYQ]TRADING SAM SEIDEN DOESNT LIKE SQUIGGLYS EITHER - YouTube[/ame]

Can't say here... against forum rules. That's what Google is for!!

Really? You really believe that?

Why use 3 oscillators? That's 2 too many!!

Please do NOT post my code. You may not have the latest version and people won't know where to go to find updates and fixed.

Adjusted just fine, thank you. Yes, I created a tunnel indicator for MT4 years ago.

Position size based on stop loss placement can keep you in the game a lot longer. Like playing Blackjack.. you are not going to win every hand, but if you bust, you are never going to win.

Trade lines and candle color multimeter. Price makes 3 :rofl:

Have you read FOOLED BY RANDOMNESS, THE BLACK SWAN, or THE SIGNAL AND THE NOISE? Your experiment will not prove a thing, IMHO. How about flipping the coin ONCE for the entire experiment, heads go long, tails go short. Use the WEEKLY ATR of the EUR/USD for a stop loss and trade $.10 per pip.

THERE IS NO SIGNAL - IT IS ALL NOISE!

The Signal and the Noise: Why So Many Predictions Fail ? but Some Don't by Nate Silver GOOD BOOK! Here's my video: