Rainbow Patterns/Observations

Some fundamental scalps predied on S/R breaks(all the same installation )...
https://www.forexforum.co.za/attachm...1025439701.jpg
https://www.forexforum.co.za/attachm...0616379977.jpg

Another one. . .same item as the previous two...
https://www.forexforum.co.za/attachm...1369233624.jpg

I look forward to seeing your progress! You're doing great so far! Journals are one of the greatest ways. Be sure to post your losers, also, since let's face it, nobody's perfect, and this gives you something to look forth.

Best of luck,

Kevin

Here is a pattern I've noticed a few times. When it does so (spine spinning but price has not taken off yet) the consequent move is usually somewhat significant...
https://www.forexforum.co.za/attachm...8414897002.jpg
https://www.forexforum.co.za/attachm...1013970353.jpg

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I look forward to watching your progress! You are doing good so far! Journals are one of the greatest ways to think about your trading . Make sure you post your losers, also, because let's face it, nobody is perfect, and this will give you something to look forth.

Best of luck,

Kevin

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Due man. I will make sure to post the losers as well. Im actually more interested in posting those because it helps me understand. . .you is able to look at charts with winning trades all day and never get anywhere. . .lol.

Here is the Bernanke/Bush speech a week ago and what I saw...
https://www.forexforum.co.za/attachm...1582367208.jpg

And here's what I saw on today's NFP(the resulting move 2 hours after )...
https://www.forexforum.co.za/attachm...2692814924.jpg

For the record, Im double posting some of those charts(I already posted them around the Linuxtroll thread), but I am trying to gather them in one place so they're easier to find later on.

This is a breakout pattern I'm discovering that seems to be dependable so far. However, it is hard to notice as its occurring. In the first chart, it reveals the chart looked like before the huge fall happened.

The next is about the same pattern on the chart of the Bernanke speech I just submitted. Nevertheless, Im not sure I would have traded this breakout since, with addresses, price could whipsaw really bad.

Anyway, charts...
https://www.forexforum.co.za/attachm...1640949591.jpg
https://www.forexforum.co.za/attachm...1674408981.jpg

Here's a chart posted by Italianfx in the Linuxtroll thread with about the exact same pattern as the last two charts I submitted. (although, this one doesn't appear to be as choppy before the breakout, but you get the idea)...
https://www.forexforum.co.za/attachm...1639792194.jpg

So, out of the previous 3 charts, it appears that the common characteristics are that it tests a support level twice and the third time, it breaks support. . .hard https://www.forexforum.co.za/attachments/1528671164.jpg

Anyhow, that's all of the charts I have until sunday night/monday. At that point I will begin posting my actual trades as well as more patterns I am discovering.

Nice to see your diary, I'll keep watching what you doing. So far it seems I know what you attempting to do. It appears like you looking for workouts.

Err..sorry. Yet another chart. Im not sure if that is high probability or not, but it worked this time. . .lol. I will look for this particular installment more next week and see if it holds or not.
https://www.forexforum.co.za/attachm...1505139290.jpg

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Nice to see your diary, I'll keep watching what you doing. So far it sounds I know what you trying to do. It appears like you looking for workouts.

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Thanks guy. Im not looking for just breakouts, Im just trying to search for high likelihood setups and so far, its largely breakouts. . .lol.

You guys made my life easier... I will only provide links to your journals from my e-book for additional research and learning of Cyrox Rainbow Scalping... LoL https://www.forexforum.co.za/attachments/1528671165.png

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You guys made my life easier... I will only provide links to your own journals from my e-book for additional research and understanding of Cyrox Rainbow Scalping... LoL https://www.forexforum.co.za/attachments/1528671165.png

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Due guy. Once you get done with it, I'll place a link to it here for additional research and understanding of Cyrox Rainbow Scalping... LoL https://www.forexforum.co.za/attachments/1528671165.png

Thank you for all of your help, Linuxtroll https://www.forexforum.co.za/attachments/1528671166.png

Thank You for this. Nice work.
It'd be fantastic if you collect all of those nice pictures to a pdf file that would be upgraded from time to time. Very much pleasent for printing compiling and reading at night before sleep.

It´s my sugestion,

Thank you for this

Nhallmark,
NICE JOB, this can be great and appreciate your charts. Continue the good work and we will all learn and earn money together. So far and you've shown it with your charts, I'm only searching for a very clear spine (nothing choppy). I also have come to notice the TREND is what's crucial. Looking at the 1 moment it's possible to discover the overall trend then go to the 5 sec to find out whether the trend matchs, if they fit this is a good time to go into. Just my thoughts. Your charts are showing a good illuion of this. Anyway looking forward to a lot of your postings. https://www.forexforum.co.za/attachments/1528671166.png

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Thanks for this. Wonderful work.
It would be great if you collect all of those nice images into a pdf document that will be updated from time to time. Very much pleasent for printing compiling and reading at night before sleep.

It's ´s my sugestion,

Thanks for this particular

Carllos

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I could do that, once I have enough charts here and they're all organized. Thanks for the suggestion.

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Interesting you mention , Nathan.
I have noticed many times , as you say, when
trades get into any kind of negative territory, that
truism will pop into my mind wreaks havoc.
The times that I'm ready to recognize this is
just the workings of fear, I'm ready to stay objective.

Otherwise, you know what happens. You get shaken out
onto just a slight bulge from the rainbow. LOL
Can your GF indie something to bring out the
Lion-Heart and help keep us aim when scalping?
That would be awesome!
Have a great day Nathan (and best for your 1/2 - LOL)
https://www.forexforum.co.za/attachments/1528671212.png
Brent

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Yesit took me awhile to get beyond that fear LOL.

As far as relaxation/hypnosis for trading....it's best to write something yourself and capture it(audacity is free or use a voice recorder).

This is because I said. It was not what was said it had been my connotation of the way it was disgusting.

Therefore, if you figure out what it is that you are wanting(the mantra, etc.. ) paraphrase the whole thing(in your own words) and record it on your voice and listen to it every day.

I will send you some brain wave entrainment to spend the background, if you would like LOL. (this is a link to describe it...http://www.real-hypnosis.com/brainentrainment.html)

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Yes, it took me awhile to get past that fear LOL.

So far as relaxation/hypnosis for trading....it's best to write something yourself and capture it(audacity is either completely free or use a voice recorder).

This is because I mentioned. It wasn't what was stated in the Mantra that screwed me up, it was my connotation of the way it was worded.

So, if you figure out what you are wanting(the headline, etc.) paraphrase the whole thing(in your own words) and list it in your own voice and listen to it daily.

I can send you a bit of brain wave entrainment to put in the backdrop, if you would like LOL. (this is a link to explain it...http://www.real-hypnosis.com/brainentrainment.html)

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Hello Nathan!
My mind waves could use a while! That would be great.

Hope things have been great with you!
Thanks!
Brent

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Hello Nathan!
My brain waves may use a while! That would be great.

Hope things are good with you!
Thanks!
Brent

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I will get on it and Provide you a download link probably by the end of next week(its free of course)

After scalp for months,I will dread and dread when scalping.i need to coaching myself to become more mechanical as a system.

But occasionally price spike up and down 5-6pips. It could lead one to shut the transaction earlier.

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Nathan,

Can you expand on how you watch momentum on MB, and the way you apply it to the Rainbow?

Thanks!

Paul

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I did not forget about you LOL. I am considering how to explain it. Next week, I will get back to you.

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after scalp for weeks,I still will dread and panic when scalping.i will need to training myself to be mechanical as a machine.

But sometimes price spike up and down 5-6pips. It could lead one to close the trade sooner.

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I know how you're feeling. I've been able to keep my emotions in check, but maybe not really detached up until this point, however, something happened this week....

I had been checking to see just how Oanda was filling my orders, so I put in 1 unit at a market window. The price began moving up, so I switched it to buy and I have it set to prefill a certain lot size once I pull up a window. So, once I switched the radio button form market to buy, it switched my order size also.

So, I clicked buy without even realizing what had occurred. Then, I shut the trade -8 and I still didn't realize it. I was just trying to work out when they had been slipping me(which, of course they had been LOL)

It was not until 5 minutes after I shut the trade which I realized what had occurred.

My point is that during that trade, there was no emotion attached to it at all since I thought I had been trading one unit.

I've been able to retain that today and trade my normal lot size without even feeling a loss the last few days.

So, perhaps try doing that. Also, have you read Trading In The Zone? It speaks a lot about this.

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after scalp for months,I still will fear and dread if scalping.i will need to training myself to become more mechanical like a system.

But occasionally price spike down and up 5-6pips. It might lead one to close.

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Join us to the mind work! It will help us!
https://www.forexforum.co.za/attachments/1528671212.png

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Join us for the brain function! We will be helped by it!
Https://www.forexforum.co.za/attachments/1528671212.png

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how to do that? https://www.forexforum.co.za/attachments/1528671212.png

Brent, I am attempting to figure out where to host the documents. I will inform you when it's ready.

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Brent, I'm trying to determine where to host the files. I will inform you if it is ready.

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No problem Nathan! Don't make any excess work for yourself.
I really enjoy the plogy section idea for your new forum.

See you there!
https://www.forexforum.co.za/attachments/1528671212.png

Hi Nhallmark
which is the program you use for these charts on apple?
thanks
Alex

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Hi Nhallmark
which is the software you use for these charts on apple?
Thanks
Alex

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Sorry its taken so long to reply. I have not checked this thread in forever. It is just Oanda's platform in Firefox for Mac.

OK, does anybody know if you can export your transaction history/statements from oanda?

I am sitting here trying to rely on my trades and I keep having to start over since it is all stacked together. It would be a lot easier when I could export a .csv or something so I could work with it in a spreadsheet.

Anyone know if this is possible?

After studying all. . I'm still perplexed. Have anyone made $$ always? Any announcements understand? In hindsight all coloured rainbows appear fantastic - just wondering. .

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after reading all. . I am still perplexed. Have anybody made $$ consistently? Any announcements to hep us understand? In hindsight all coloured rainbows appear fantastic - just wondering. .

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How does a statement help you understand?

Yes, I am making money.

I am not going to put any thing regarding my personal finances on a forum.

I don't know why everyone makes such a big deal about it. . .if which you put in the time and effort, it's not difficult to make money consistently. Yes, there's quite a process to undergo as a new trader, but it pays off if you keep going. If you haven't read it, then get Trading In The Zone by Mark Douglas. If your scalping(or optional trading), then use the book to make it through your plogical blocks, but don't get caught up about the other things, unless you are trading.

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OK, does anyone know if you're able to export your transaction history/statements out of oanda?

I am sitting here trying to count my transactions and I keep having to start over because it is all stacked together. It would be a lot easier when I could export a .csv or something so that I could work with it in a spreadsheet.

Anyone know if this is possible?

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Click... ACCOUNT FULL TRANSACTION HISTORY...

This may open a webpage where you choose you date range... Default output is HTML... You can pick .CSV...


Magnus

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That is a fantastic way to do this...I notice my best times are when I stop myself until I trade and make certain my mindset is up to par before I start.

I don't do it daily because I overlook (and/or Im reluctant ) and I pay the results.

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If you like Trading in the Zone from M.Douglas, there is a'Trading exemptions' CD, based on the book, which you may play to yourself to get into the ideal mindset or'the zone'. I've discovered this to be useful in my trading.

How many transactions are you taking on daily, on average of course, for the past month? I've been scalping reside and I have been placing in 10-40trades a week....95% hit rate.

Too, do you place a manual stop loss in? Or just just mental?what are your losses like? I attempt to get out with the maximum of -7pips on a terrible trade.

I attempt to accumalate pips but just grabbing 1 pip per trade and trade all round the clock. Wait for setups of course but just ching 1-2 pips. . .and with oanda along with the eur/usd.9 disperse its a fact now. Eur/usd does not proceed as fast as eur/jpy but I feel mytrading is better trading eur/usd. Since trading rainbow, profits been great. . .almost 20 percent /week real account.

Used to exchange gbp/jpy lol. . .almost dropped my shirt this time a year ago.

thanks

JL

Firstly congrats on your 95% success rate, I think we'd all love to get anywhere near that....can I only ask some questions...
Are you 95 percent successfull as you simply go for 1 or 2 pips or simply your preferred manner?
As so many on here and LTs thread are still wondering how exactly the best method to utilize the rainbow..would you mind explaining a little the best way to use it and what you use as an entrance arrangement?
thanks

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LOL I'm liking your new title I'm scalping inside of your own candle.

Edue me scalping bro!

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Thanks Nathan, I mean bra! LOL

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How can a statement help you learn?

I don't know why everyone makes such a big deal about it. .

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I swear that if I see this petition one more time...

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If you prefer trading in the Zone from M.Douglas, then there is a'Trading affirmations' CD, depending on the book, which you can play to yourself to get into the right mindset or'the zone'. I have found this to be useful in my trading.

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I will search for this for sure! Awesome!
Also: Have you read The Disciplined Trader by Douglas?

Let's make this an excellent week guys!
https://www.forexforum.co.za/attachments/1530115819.png

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Click... ACCOUNT FULL TRANSACTION HISTORY...

This may start a webpage where you choose you date range... Default output is HTML... You can select .CSV...


Magnus

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LOL, I've done this. . .it will let you read it on line in .csv(which is pointless) but you can't download it.

The purpose of downloading it would be to put it into a spreadsheet and work with it a lot quicker. Oh well, I'll just rely on hand, I guess.

I forgot oanda does not have tools for traders that actually earn money LOL.