markets are pretty thin, but good analysis

(binned per thread starter’s request) GEfx Trading Journal

Yes R, is actually a well known statistic tool. that is the name of the program, and it works by input of data, and operations through programming language. example, to get the total number of closes of the euro since inception first you input the ...

Lessons Learned Thread

no, by R. i can get statistics on anything in minutes. thousands of data sets are analysed pretty effortlessly. took me a week to learn the language programming but, it was worth it.

Lessons Learned Thread

i am by far no guru. i do not claim to be. i lose and i have had pretty bad losses that have taken me to a self discovery path. i apologize, but you calling me an idiot was not taken well. Maybe a disagreement without name calling, would bring more ...

Fundamental vs Technical

i calculated a 61 pip stop instead of a 62 pip stop at 62= 1.86% you are right, inputted the wrong value, thanx. like you said is of little importance.

Lessons Learned Thread

now the one that sounds inane is you. learn to read. FUNDAMENTALS ARE THE ECONOMIC ENVIRONMENT REFLECTED IN THE TRANSACTION RECORD= (AKA) THE CHART now if you cant figure out what that is, then you exhibit yourself to be quite vacuous. I have no ...

Fundamental vs Technical

IGMARFOREX in case you missed my opinion on the matter. since you say my claims are baseless. now why do you feel the need to call me an idiot? was i insulting you? why do you resort to such diatribe, this only shows your lack of education.

Fundamental vs Technical

Jessie Livermore, made millions from technicals he called it tape reading

Fundamental vs Technical

you are more than welcome to contribute so how do you use your fibs GEFX? and the trend lines. at nubcake- true that everything has two sides especially in a bear market sell orders will line up, however, fib Retracements are meant to enter while ...

How to properly use Technical Analysis

i actually don't know, i am finding it hard to come up with parameters that will give me objective data. suggestions would be welcomed.

How to properly use Technical Analysis

maybe a visual of what i mean will help you nubcake image

How to properly use Technical Analysis

100% agree, more of a general, observation is actually more accurate than a precise number expectancy. what i was trying to highlight is that % retrace correlates with visual chart geometry. Technical Analysis tools cannot ever be predictive per se. ...

How to properly use Technical Analysis

well if price is not doing what you expected it to do, i suggest you take your profits and re evaluate.

How to properly use Technical Analysis

nubcake makes a point, however, i did read on a research paper of elliot wave and wave statistic retracements are usually 50-68%, but i will run some statistics on daily wave usual retrace levels and get back to you with objective data. here is ...

How to properly use Technical Analysis

true, i do not have enough data. i suppose it would be easier by candles, because all i would need is take the highest high of the wave not the top candle but the one that produced the absolute high (even if it looks like a wick) same for the low. ...

How to properly use Technical Analysis

yeah, but price should be the same, he should identify, the Highest price on the wave not the bar, line or candle and the lowest price in the wave. draw the fibs to gauge the retrace strength, do the math by hand. most platforms formulas are never ...

How to properly use Technical Analysis

actually the 61pip stop from open has to do more with statistic probability, hitting my stop area means that it will probably not close above open, as statistics indicate (it is not mechanical, where i enter on open and place as stop, i place a line ...

How to properly use Technical Analysis

yeah it looks odd. do the fibs by hand, that should solve the problem there is no logical reason for the charts to be off so much. it is the same pair and the same prices should be in the charts regardless of, lines, bars, candles etc. take the fibs ...

How to properly use Technical Analysis

video Ron paul should be a trader, he would be a billionaire.

EurAnalysis

well essentially the chart looks the same and it SHOULD it is the same pair. here is the same chart zoomed out to hourly time frame. instead of 288 BB its a 24h bb they measure the same thing deviation for 24hr period image

How to properly use Technical Analysis