Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#391
Once again about the levels of Murray:
- 0/8 and 8/8 represent the maximum resistance and support for the price of the traded instrument;
- 7/8 and 1/8 are weak. If the price approached these levels too quickly and stopped at them, it is likely that it will reverse and drastically go to the opposite direction. If the price passes them without stopping, then it will continue to move to the levels of final resistance or support 8/8 or 0/8;
- 2/8 and 6/8 (rotation, reversal). By their strength, they are inferior to the ability to stop and deploy price direction only to level 4/8;
- 5/8 and 3/8 correspond to the upper and lower limits of the trading range. Between them, the price of almost all financial instruments spends about half of the time. Many traders view these levels as distinct channels and use trading strategies for both work from the channel's borders and on the breakdown;
- 4/8 is considered the main level of support or resistance. In the event that the price of the instrument is located above 4/8, then this level is a strong support, if lower - then an excellent resistance;
-1/8 and +1/8 are considered weak, the main feature of them is that if the price quickly and without correction has overcome 0/8 or 8/8, then it usually fights off from them and returns to the mentioned levels of maximum resistance and support ;
-2/8 and +2/8 have only practical value, in case of breakdown, the price almost always continues in the same direction.


Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#395
MX01 wrote:
Sat Jun 02, 2018 11:08 pm
amudus, that is a crazy chart. How do you get proper signals with that and can focus with so much going on? :)
No problem! :)
What is difficult?
Last week's "crazy" gave of 9.28% on an average day to Deposit
Oscillator is needed very rarely.
Follow the thread, soon, one of the real accounts can be seen in the on-line myfxbook.
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Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#396
amdudus wrote:
Sat Jun 02, 2018 11:24 pm
MX01 wrote:
Sat Jun 02, 2018 11:08 pm
amudus, that is a crazy chart. How do you get proper signals with that and can focus with so much going on? :)
No problem! :)
What is difficult?
Last week's "crazy" gave of 9.28% on an average day to Deposit
Oscillator is needed very rarely.
Hello Amdudus,
it's crazy to win an average of 9.28% every day. :shock:
How much is your risk in percent per trade?
Be patient and wait for your chance

Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#397
Skyold wrote:
Sat Jun 02, 2018 11:29 pm
amdudus wrote:
Sat Jun 02, 2018 11:24 pm

No problem! :)
What is difficult?
Last week's "crazy" gave of 9.28% on an average day to Deposit
Oscillator is needed very rarely.
Hello Amdudus,
it's crazy to win an average of 9.28% every day. :shock:
How much is your risk in percent per trade?
Look at this picture. For example, GBPUSD. The market goes down-sell. Why 64% in longs? Do you think they will be in profit? Do you think that the market will go into the buy? Who taught these people to work like this? Where did they learn to systematically lose a deposit, be at a loss? This is only one and hundreds of massive errors. Unfortunately, along with so-called training, almost every trader acquires a large load of unnecessary, harmful, pre-programmed for loss, information. Do you think that getting 2-3% per day is the norm? Do you think that 3-4 indicators of MA, RSI, MACD and any other nonsense will ensure your success? Do you continue to put stops and take? Are you still confident in the existence of support and resistance? I think differently: I do not stop-loss and take- profit; I almost always go against the crowd; I very often work for M1 and recently began to use the news market movement very effectively and much more. Another important thing is that the stereotypes of behavior are "hammered" into the head of the trader. They prevent not only profitable work, but also are powerful filters that do not allow access to useful information.
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Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#398
WHO, HOW AND WHY DOES THE STOP LOSS WORK
This topic will be very useful for all novice traders, because in order to start earning, you need to understand the structure of the market very well. Without this knowledge it is impossible to move on and develop. "I very often notice how, apparently, the sleeping price suddenly rises on its hind legs and demolishes all the stops of traders. What is this for? How should the stockbrokers profit from this? "One must understand that very often market makers (large traders, stock market professionals), especially lead the price to the level of accumulation of orders. These levels allow them to open very large positions. After all, what is a stop-loss? Stop-loss - this is an order that, when triggered, closes the position on the market.
Substituting his large application in the place where, most likely, this stop-loss will be executed, the professional has the opportunity to open his trading position without problems. Those. stop-loss is a market application, which will affect the large bid placed by the market maker. In this way, by ripping off stops, a professional can provide himself with a huge flow of liquidity. At the same time, very often the price is deliberately taken not only to the levels used to install the stop-loss, but also to the levels in which new unfounded positions of traders will be open with high probability. Usually, this can be clearly seen in corrections to the main trend, where small traders start to hope for a turn and open positions against the main trend.
Once a large player meets his demand, and the small traders run out of money, then the market unfolds. It turns around because everyone who wanted to sell has already been sold. There is no one to sell. The more traders have opened the wrong positions, the stronger will be the movement in the opposite direction. This is the whole mechanism. How to avoid this trap of market-makers? Can not put feet at all or put them, but make them very wide? In fact, in order to avoid this, you need to understand where the professional enters. One way is to monitor the volume of trades and interpret it correctly. Manipulation of the size of stops in this case, especially you will not help. Of course, they also play a role, but not the most important. The most important thing is the correct entry point, which increases the likelihood of a market reversal. What areas of the schedule are used by the major participants of the stock exchange in order to lure more players into the market? Let's try to figure it out. On the price chart, there are always zones that will be of particular interest to market participants. The most common zones are extremes, i.e. previous highs and lows, which are clearly visible on the chart. Most traders work at breakdown of these levels.
But according to the old tradition, most beginning traders do this at the moment when the movement has already passed. There are always people who do not believe in the movement, are out of the market until an explicit trend is formed. Their patience ends usually at the end of the movement. Serious pressure of these market participants on the price just happens when the breakdown of extreme values. After all, imagine: you see that 3 times in a row the price breaks its maximum values ​​and constantly afterwards rushes upwards. Most likely, after this you, like many other traders, want to open a long position with the next approach to a new high. But the more orders for purchase, the higher the probability of a trend reversal. Knowing this, professional traders will place bids for sale just above the maximum (to absorb all market orders for purchase). Plus, at the breakdown of the maximum, stop-loss sellers will start to activate, which caught the reversal and opened short positions too early.
These applications will also be absorbed with great pleasure by large players. Of course, you should understand that professional traders do not open positions on every new high. They begin to operate under certain conditions.
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Re: МТ4 Trading Systems: PARTIZAN TRADING SYSTEMS

#399
Your feet feed the accounts of other traders.
A beginner forex trader asks: "Why does the market always take my stops?" What if I told you that placing stop-loss is necessary so that larger traders can trade in the market, how would you feel? Would you believe it? One of the first things that you hear about forex trading is that, without setting up stop-loss, you will only lose your money until you merge your entire account.
The uniqueness of the stop orders is that they, being pending orders, expect their execution at a predetermined price. But they are executed according to the MARKET price. Market orders are executed at the best available price and are prone to slip, especially in inactive markets and in conditions of pronounced volatility.
When stop orders are triggered, their important function is that they add momentum to the market and at the same time use the liquidity present on the market.
Depending on how you trade, further information can help you: Prevent slippage; Trade on one side with larger players; Get a quick profit; Collect money from traders-beginners. The picture below shows the conventional placement of a stop order.
What did each trader hear? "When opening a position, place a protective stop just below the maximum / minimum price level." The reason is that this level was defined as an important level of support. What else is placed in the support area? Limit orders of traders to buy, which determined the support zone and wait for the time to open the position when the level is re-tested. Is there a large number of stops under each level? It depends on the size of the timeframe and how quickly the price leaves this zone at the time of purchase. In general, price fluctuations at higher timeframes will contain more stops than at lower timeframes.
On the hourly chart, the reversal point can stay untouched longer, and therefore more people can see it than on a 5-minute chart. A faster price movement from the support zone can explain the fact that this direction of the price movement is supported by the expressed interest on the part of traders, and therefore, there may be more market participants, larger positions and, ultimately, more stops. When the price reaches this level, traders are still interested in long positions, but this time the price does not beat off this level, as one would expect. It does not break it, does not show lower lows, but displays lower highs. If you were interested in opening a long position right now, what would you do? The average trader who plays on the "rebound" of the price from the support level would open a long position by placing the stop just below the support level. If you had a limit order that would not have been executed yet, I would have canceled it with the warrant. If you wait for a while to enter the long lines, then restraining yourself from entering the market would be a good idea.
Candles / bars display lower highs; The price does not rise as quickly as one would expect; You know that just below the support area is full of stop-orders. What happens next? The price moves under pressure down and pierces the stops of traders who have long positions open, and, as we recall, when the buyers' stops work, they are market orders for sale, and they force the price to move further down. And traders who wait for the opening of short positions, open them, as the price breaks through the level of support, but then the market takes them out, "eats", because the price goes higher.
Those traders who were initially set up for long positions and which were thrown out of the market by punched stops, help push the price up. New stops are placed below the new level, before us - "Groundhog Day". And all that was just played out, will be played again and again ... only at different price levels.
I hope you understand the concept of what is stated in this post. This can be used in different variations, for example, to get a quick profit when the price is knocking out the stop-loss of other players, not as smart as you. I will not describe any specific trading strategy because: Understanding the concept is the most important Application of your understanding will allow you to develop your own strategy You need to find several valuable ways of applying this information. For those of you whose stop-loss market usually eats, this information may be a revelation. Always think about where the stop loss of other players is and remember that the market wants to take them.
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