Page 5 of 12

Re: Design your own System like the Pros Do

Posted: Fri Jul 14, 2017 6:02 pm
by jonney
Thanks again, AussieBeau
It must be blessed and happy to hear you are retiring from trading with believing handful joy/profits during the process. Only wish in small degree I could end likes that, and this thread does provide opportunity to achieve that.
Reading of your posts, getting to learn fundamental however it's strong and things to become experts which is reading of price/spread, bull/bear volume, fractal, Fib for range, MTF. Hope you won't mind my consulting during your valuable time..
a. What would be the entry strategy? When we see all of these, price/spread, bull/bear volume, fractal, Fib for range, and MTF, lining up? Buy when all green and approaching Fib ext/retracement, or so?!
b. Do we do nothing if spread power indicating Bullish while bull/bear volume very bearish?
c. How shall we leveraging other indicators like "2nd job pipsometer" and "i-profit-tracker"?
d. If we have fractal MTF on Xboard indicator, shall we still pay attention to those fractal points (from separated indicator "fractal") on the chart?

Re: Design your own System like the Pros Do

Posted: Fri Jul 14, 2017 6:32 pm
by AussieBeau
H Jonney,
Thank You so much for your questions,my friend.
They are vary good questions indeed that deserve an answer.
I am very busy over the next 2 days.
May I ask you to wait til Monday for answer.
May I ask all other members,before asking a question,wait til I reply to this post before asking.
I am sure that some other questions that people want an answer to,they will find answered by my reply to your post Jonney.
AussieBeau

Re: Design your own System like the Pros Do

Posted: Fri Jul 14, 2017 6:38 pm
by jonney
Thanks AussieBeau
It's always honor to receive expert advice, and surely no problem to wait until you managing time for further direction at your convenience
Your template already requires handful hours/days even years to understand, least it's my case as one still learning the market :)

Re: Design your own System like the Pros Do

Posted: Fri Jul 14, 2017 8:32 pm
by AussieBeau
Hi Jonney,
May I ask you and all members to re read the written posts I have posted..starting from my original post.
This course has had 2 parts...my written posts and the training exercises.
It is absolutely necessary to understand both.
AussieBeau

Re: Design your own System like the Pros Do

Posted: Fri Jul 14, 2017 9:54 pm
by AussieBeau
Hi Guys,
I have mentioned before about this little tip..about 024 124.
I am just putting this picture up as another example..it was just taken.
There are many many more Different things that happen in the market on a regular basis....when you rely on your brain to decipher for you.
As you develop your system..I guarantee that more will show themselves to you.
See you all in a couple of days
AussieBeau

Re: Design your own System like the Pros Do

Posted: Sat Jul 15, 2017 1:30 am
by jonney
Thanks AussieBeau
It's surely understandable request to go through all of your posts in this thread again, and personally would/need read them several times plus training my eyes with live data in attempt of shortening the path to understand logic behind as possible.

Re: Design your own System like the Pros Do

Posted: Sat Jul 15, 2017 2:16 am
by society
thanks for the thread,
Looking at the G/U my broker seems to widen the spread for any longs regaurdless of whether price is going up or down, i know we just had a big up move but ive been watching it all week and the spread is always 0.1 wider for longs. Any thoughts?

Re: Design your own System like the Pros Do

Posted: Sat Jul 15, 2017 4:09 am
by Lei Wulong
society wrote: Sat Jul 15, 2017 2:16 am thanks for the thread,
Looking at the G/U my broker seems to widen the spread for any longs regaurdless of whether price is going up or down, i know we just had a big up move but ive been watching it all week and the spread is always 0.1 wider for longs. Any thoughts?
I have the same problem, with me the magenta spread figure is always lower than the lime spread figure, no matter what the bulls or the bears are up to.

Re: Design your own System like the Pros Do

Posted: Sat Jul 15, 2017 5:21 am
by society
Lei Wulong wrote: Sat Jul 15, 2017 4:09 am I have the same problem, with me the magenta spread figure is always lower than the lime spread figure, no matter what the bulls or the bears are up to.
Also the bull and bear strength indicator is always just a reflection of the candles range. If its a bull candle then the strength meter is bullish, if its a bear, then the meter is a bearish. I have not seen it once be a bull candle with bearish strength (sellers in a bull candle) or a bear candle with bullish strength (buyers in a bear).

Re: Design your own System like the Pros Do

Posted: Sat Jul 15, 2017 7:42 am
by Krelian99
I found a nice introduction about spread and what moves/stops the market, see here.

AB, maybe you can say what skills the traders learn doing your exercises.
- Seeing which traders are in market (on our timeframe): HFT, same tf-traders (range, market is in balance) or bigger tf-traders (trend, market is out of balance).
- Differing a break out from a fake break out and whether we must choose/switch the system for a ranging market or/to a system for a trendy market.
- Seeing the bigger picture and what a trading day it will most likely be.
- Recognizing and trading the same patterns again and again.
- Making check lists for pre-trade and post-trade