why the weekly? 1. For me price has to have enough potential range (price requires time to move) for costs to tend towards zero. I.e the cost of spreads and commissions becomes insignificant in comparison to the ranges we're trading. 2. The weekly ...

Trading made simple with added BS

this friggin iPad takes you to the top on here when you hit return. A right pita. Once you've got the percentages you'll be able to see an edge.it depends on which currency you look at as to the ranges. Following your thinking, if price travels from ...

Trading made simple with added BS

Definitely on the right track. From your data how you see it you also can see that if price has travelled more than 25pct of the average range away from the open and you're looking to trade from the extreme that it's probably gone too far for it to ...

Trading made simple with added BS

Cats know the future

Trading made simple with added BS

I'm not in a trade atm.

Trading made simple with added BS

Great stuff, i.e. using a few basic statistics to make a map of what is likely or unlikely to happen from now until the end of the period we are considering. If it is 5.30pm on a Thursday on a normal trading week, we are not expecting price to move ...

Trading made simple with added BS

Good work and good line of thinking.

Trading made simple with added BS

You're on the right track. Can we use past information, yes, do we read tea-leaves? It's difficult not to given our training and biases but..... Anyway, still not being pondered: for price to move requires time???

Trading made simple with added BS

the quip about it being high probability: if you read my profile page you will understand

Trading made simple with added BS

For anyone that's remotely interested, and I'm not predicting, I'm presenting something based on stats, GU is currently showing strong downward momentum. It has now reached an area where profit taking may take place but it still has potential to ...

Trading made simple with added BS

There once was a child that shouted out that the emperor was wearing no clothes. Everyone laughed. This was not started as a discussion thread. It was moved to discussion by the mods. Until people start thinking for themselves (and I'm seeing some ...

Trading made simple with added BS

Forget concepts. Mainly forget looking at the past, concepts of support, resistance, supply demand levels, trend. The supply demand thing - what happened in the past,, happened in the past. I can show you level after level that fails just as often ...

Trading made simple with added BS

I see the tards have taken over already. Excellent Concepts are not what IS.

Trading made simple with added BS

DingDong not sure what your point is? Who has said anything about predicting the future? Can YOU predict the future? Thought not. Neither can I, neither can anyone else. I can know, however what is probable and what is realistic within the confines ...

Trading made simple with added BS

And now for one of the multitude reasons for using H6: I'm a human being and I go to sleep. Night night. See you some time tomorrow if I can be arrised to post .

Trading made simple with added BS

What happens next? Price goes up or down. We wait for the market to show its hand. I've not shown the method yet but for reasons which I will explain, and which are built around a bit of reality we're going to be using H6 bars. Scratch the rest of ...

Trading made simple with added BS

No problem

Trading made simple with added BS

OK. I hope you were short while the aggressive moves down were occurring. You made some coin. But in some senses you are starting to confuse what WAS with what IS. "Price WAS moving down until the close of THIS week, I closed some hours before, ...

Trading made simple with added BS

I'll edit my post, you beat me to it. Yes. image Price broke out from the open and went down. Price hit a low and went back to the open. Price broke away from the open and went up. Price hit a high and went down. Before either wick was made ...

Trading made simple with added BS

I'm sure that to most tarders it SEEMS very basic so far but the pupose of this exercise is to pull the wool away from your eyes before we go any further. You're both on the right track already. A candlesick. The Japanese invented this during the ...

Trading made simple with added BS