Duxon's Archive

expiated · Dec 1, 2021

expiated said:
NOTE: All of this morning's trades we made based on your two-hour price range parameters (i.e., look for reversals at 0.35% deviation, but keep an eye on the 0.25% level, and remain cognizant of the fact that candlesticks might venture out as far as 0.50% deviation before finally turning around, or even 0.90% to 1.00% under extreme conditions).

Two separately and independently developed charts placed the key six-hour price range level at 0.60% deviation on the one chart and 0.70% deviation on the other. As an extreme range, the chart in the Hugo's Way platform used the eight-hour envelope at 1.00% deviation. (Beyond this extreme, the other chart had roughly equivalent "remote" levels with a six-hour envelope at 1.70% deviation and an eight-hour envelope at 2.00% deviation.)

The Hugo configuration set its 24-hour limit at 1.20% deviation and the alternative had its set at 1.00% deviation with a 48-hour limit set at 2.00% deviation (not to mention five-day inner and outer bands at 2.00% and 2.90% deviation, and 12-day bands at 4.50% deviation).

expiated · Dec 1, 2021

expiated said:
Two separately and independently developed charts placed the key six-hour price range level at 0.60% deviation on the one chart and 0.70% deviation on the other. As an extreme range, the chart in the Hugo's Way platform used the eight-hour envelope at 1.00% deviation. (Beyond this extreme, the other chart had roughly equivalent "remote" levels with a six-hour envelope at 1.70% deviation and an eight-hour envelope at 2.00% deviation.)

The Hugo configuration set its 24-hour limit at 1.20% deviation and the alternative had its set at 1.00% deviation with a 48-hour limit set at 2.00% deviation (not to mention five-day inner and outer bands at 2.00% and 2.90% deviation, and 12-day bands at 4.50% deviation).

For consistently successful trades look to capitalize almost exclusively on the initial price action immediately following reversals. In addition to those cited above, the key measures are the 17-minute baseline, the 34-minute price range, the 2-hour price range, the 6-hour baseline, the 16-hour baseline and the 48-hour baseline...

expiated · Dec 1, 2021

Wednesday / December 1, 2021 / 8:00 AM

expiated said:
For consistently successful trades look to capitalize almost exclusively on the initial price action immediately following reversals. In addition to those cited above, the key measures are the 17-minute baseline, the 34-minute price range, the 2-hour price range, the 6-hour baseline, the 16-hour baseline and the 48-hour baseline.

A number of currency pairs look to be in the initial stages of executing wholesale reversals. Consequently, rather than remaining in positions until my original and more ambitious targets have been reached, I am instead compiling profits at the edges of the 34-minute and 2-hour price ranges using a day trading style of buying and selling.