Real Holy Grail Cracked - The Power is Limitless!

expiated said:
I'm confused. In the image from Post #33, it looks to me like EURUSD is at 1.2172. But, in the image from Post #42, it appears the pair is at 1.2143. How was that a move up? What am I missing here?

Wait! I guess he got in at the level with the blue dotted line, at 1.2130, is that right? I'm going to assume that this is what's going on unless someone indicates otherwise. Then he added more at 1.2153 I guess.

I didn't get a buy signal for EURUSD until just now. But, I won't be holding on to it until Thursday. I'm just hoping to see it hit my take-profit target a little below 1.2177.

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You assume correctly.. I might even hold until next week the way price action is looking on higher time frames. Not sure as of yet. I got taken out of one of my positions on that big dip down but I recovered that fairly quickly. That's why I don't like using stops. I'm not condoning not using a stop loss though.
 
IAlwaysWin said:
I got taken out of one of my positions on that big dip down...
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Unfortunately, EURUSD hit my stop two hours ago while I was sleeping (5:30 AM Pacific-Inflation Rate Data). But, the pair is approaching what my numbers suggest is a strong region of support. So, I'm hoping to make back my loss, at the very least, by going long a second time if-and-when I see price bouncing off this level.

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expiated said:
Mission accomplished...
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I lost approximately 21 pips from 1.20793 down to 1.20584 and got back roughly 30 pips from 1.20953 up to 1.21248.

But wait! That was from Thursday and Friday. There was another loss on Tuesday when I failed to exit with a profit while I had the chance—from about 1.2132 down to 1.2113. So, I'm still in the red about 10 pips net on this pair..:(
 
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expiated said:
So, I'm still in the red about 10 pips net on this pair.
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EURUSD looks to be starting off this week extremely bullish. But regardless, I don't think I'm in the hole with this pair anymore...

ScreenHunter_10044 May. 18 17.42.jpg


As for cracking the Holy Grail with limitless power, I don't get all this numbers printed above and below the candlesticks stuff, so I guess I should spend at least a couple of minutes looking into this.

IAlwaysWin said:
It's inspired by Demark & Elder's works but it's not the same at all. Why reinvent the wheel?
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I know nothing about this Demark guy, so I guess I'll start there.

ScreenHunter_10046 May. 18 17.59.jpg

I looked into Alexander Elder back in July of 2019, when I noted that Elder supposedly used what he called the impulse system, which I read was designed to identify inflection points where a trend speeds up or slows down. And according to Trading Strategy Guides, "The Alexander Elder trading strategy uses a technique to balance out the different information that comes from looking at different time frames. The Elder's technique involves using a factor of four to six to classify his time frames."

Okay...super! I don't know how (or how closely) all of this relates to your system IAlwaysWin (except that you typed it's not the same at all) but I'm glad it works for you. In any case, my curiosity is now satisfied, so I'm going to exit (cease invading) your thread here, and leave you to show others how it is done..:thumbsup:
 
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