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Why it is possible to predict price movement?

  • #441
  • Oct 25, 2015 6:33pm Oct 25, 2015 6:33pm
Quoting Davit
{quote} It works for me fine.I make my $$ .Trading is watching PA as well as CJ hinted.Pivots RN major S/R levels are just confluences. I shared already too much here and at TMS30.Guys who have talent like griffinssoul soak it up and make killing money and others just always trying to find a flaw in everything. Done here
I'm not "trying to find a flaw". When I see something that looks promising (CJ's lessons, your Pivots indi, etc..) I review it.

After reviewing it, I was simply pointing out a fact that the 61% line wasn't there when price turned there. If my points are wrong, correct me.
Why not just accept it as helping point out a small mistake?
If someone showed how good the TMA indi looked, why not let them know the indi repaints so it's not quite as good as it may appear?
No need to get defensive when someone is trying to help. When someone points out a mistake I make I'll gladly "thank" them for the correction as I have no pride to lose.
  • #442
  • Oct 25, 2015 7:11pm Oct 25, 2015 7:11pm
This thread is just too funny when every single one here who claims that price movements can be predicted is actually using and showing REACTIVE charts as a testimony or verification that PA is predictable. Not even a single chart to show and verify to predict what price movement will be heading next but all hindsight or reactive charts showing what had already happened !! How ludicrous can it get .....lol.

I am finished here so no denial is necessary as it is s clear as daylight.....

Cheers,

GS.
  • #443
  • Oct 25, 2015 9:55pm Oct 25, 2015 9:55pm
Quoting genghistar
This thread is just too funny when every single one here who claims that price movements can be predicted is actually using and showing REACTIVE charts as a testimony or verification that PA is predictable. Not even a single chart to show and verify to predict what price movement will be heading next but all hindsight or reactive charts showing what had already happened !! How ludicrous can it get .....lol. I am finished here so no denial is necessary as it is s clear as daylight..... Cheers, GS.
I agree.It seems to me that it is possible to use at least all trading strategies, but the percentage of predictions of price movement is very small. The movement of prices on the market is chaotic. If you guessed by analysis, not the fact that it always will be. All this is a matter of chance. No matter whether you will trade through intuition or analysis of the percentage of the loss will be the same, just in a different time
  • #444
  • Oct 25, 2015 9:58pm Oct 25, 2015 9:58pm
Quoting genghistar
This thread is just too funny when every single one here who claims that price movements can be predicted is actually using and showing REACTIVE charts as a testimony or verification that PA is predictable. Not even a single chart to show and verify to predict what price movement will be heading next but all hindsight or reactive charts showing what had already happened !! How ludicrous can it get .....lol. I am finished here so no denial is necessary as it is s clear as daylight..... Cheers, GS.
Quoting taomql4
You all are having too much fun in here ..lol Pattern is calling for a Rise , then a fall .. Will probably wait for the rise( hopefully a short one) , then open another sell order . {image}
Is this better ?
Attached Image (click to enlarge)
Click to Enlarge Name: GU Short term Forecast.JPG Size: 148 KB
  • #445
  • Edited 7:13am Oct 26, 2015 6:40am | Edited 7:13am
Quoting taomql4
{quote} {quote} Is this better ? {image}

nope. it doesn't make any sense to me. care to explain what that is?
  • #446
  • Oct 26, 2015 6:42am Oct 26, 2015 6:42am
Quoting Davit
{quote} GM CJ Most of my trades lasts 50-75pips in multiple positions once I get what I need from the market I get out.For this reasons I don't go higher then daily and generally trade 30min charts. Throw this indie on your chart and notice Exhaustion pin bars with strong confluence with 38 61-100 Its a remarkable tool.Yes trading can be very simple.for me fib pivot confirm with fast TDI {file}

Thanks Davit.
  • #447
  • Edited 7:14am Oct 26, 2015 6:48am | Edited 7:14am
Quoting Captain Jack
{quote} I host my public thread at Steve Hopwood's Forex site, where over 1500+ pages of my information is available. I also participate in other forum discussions there as well. I am also a global moderator of the forum which allows for maintenance of my thread. -CJ-

1500 pages..wow.. anyone got a summary pdf?


Inserted Video
  • #448
  • Oct 26, 2015 8:21am Oct 26, 2015 8:21am
Quoting genghistar
This thread is just too funny when every single one here who claims that price movements can be predicted is actually using and showing REACTIVE charts as a testimony or verification that PA is predictable. Not even a single chart to show and verify to predict what price movement will be heading next but all hindsight or reactive charts showing what had already happened !! How ludicrous can it get .....lol. I am finished here so no denial is necessary as it is s clear as daylight..... Cheers, GS.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 74 KB
I know the secret...
  • #449
  • Oct 26, 2015 3:02pm Oct 26, 2015 3:02pm
hmmmmmm

does it work


https://www.mql5.com/en/forum/1341
  • #450
  • Oct 26, 2015 5:36pm Oct 26, 2015 5:36pm
Quoting dagoods
hmmmmmm does it work https://www.mql5.com/en/forum/1341
A prediction requires an estimation of the error. Here is a version of mine. The green shade is the estimated possibilities. It is a 20-NN. The metric is the euclidian distance of the close prices. There is no rescaling as in the indicator you linked. The problem is not so much if it works but how to use it. The variance is quite huge. The results are sometimes uncanny but usually pretty poor. I could never turn it into something tradable.

E/U today: note the two scenarios we can distinguish
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Click to Enlarge Name: EURUSD-today.png Size: 36 KB


E/U Wednesday: plain wrong
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Click to Enlarge Name: EURUSD-wednesday.png Size: 29 KB


E/U August 31:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-Aug31.png Size: 31 KB
No greed. No fear. Just maths.
  • #451
  • Oct 26, 2015 5:51pm Oct 26, 2015 5:51pm
Quoting dagoods
{quote} 1500 pages..wow.. anyone got a summary pdf? https://www.youtube.com/watch?v=8bSx...-Dyd-GgfjVddTE
500+ pages make up one summary PDF there....some old work when I started this on a private, paid forum. I think there is a summary PDF of the current thread as well.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #452
  • Oct 26, 2015 6:49pm Oct 26, 2015 6:49pm
Quoting Davit
{quote} Perfectly fine trading naked.I think of a tool like this pivot as road sign like slow down, look, pay attention get in! By the way Japanese candlesticks are indicators so in actuality you are not trading naked....but I understand your preferences.One should trade what method works for them.
The candles and chart are only the media that the artist uses to create it. You will notice on some past trades, there is a line chart as well... so I'm still bare ass naked!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #453
  • Oct 26, 2015 7:32pm Oct 26, 2015 7:32pm
PRICE MOVEMENT CANNOT BE PREDICTED! I attempted to explain , in simple terms so the stupid knuckle-draggers at FF could understand, that the market could not even exist if prices were predictable. But of course , it fell on deaf ears - you people post your stupid charts and pretend your stupid lagging indicators somehow predicted the market. Well, how much money did you make ? Instead of showing your cherry-picked charts, why don't you show your account statements? I know why - it's because you're losing money.

God, you morons aren't worth my time. Go ahead, blow your accounts, idiots.
*
  • #454
  • Oct 26, 2015 7:41pm Oct 26, 2015 7:41pm
Quoting gravitist
PRICE MOVEMENT CANNOT BE PREDICTED! I attempted to explain , in simple terms so the stupid knuckle-draggers at FF could understand, that the market could not even exist if prices were predictable. But of course , it fell on deaf ears - you people post your stupid charts and pretend your stupid lagging indicators somehow predicted the market. Well, how much money did you make ? Instead of showing your cherry-picked charts, why don't you show your account statements? I know why - it's because you're losing money. God, you morons aren't worth my time....
Just wondering if you read the whole thread? I think you got the wrong idea
Live today like theres no tomorrow-- Prioritize like you will die today
  • #455
  • Oct 26, 2015 7:42pm Oct 26, 2015 7:42pm
Quoting iamsovereign
{quote} Just wondering if you read the whole thread? I think you got the wrong idea
I find it interesting that so many deny what has already been done.... SMH

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #456
  • Oct 26, 2015 7:47pm Oct 26, 2015 7:47pm
Quoting gravitist
you morons aren't worth my time.
Quite right! Please go away and waste no more of it on us.
Ghost Rider - WWTBMD?
  • #457
  • Oct 26, 2015 7:49pm Oct 26, 2015 7:49pm
Quoting genghistar
This thread is just too funny when every single one here who claims that price movements can be predicted is actually using and showing REACTIVE charts as a testimony or verification that PA is predictable. Not even a single chart to show and verify to predict what price movement will be heading next but all hindsight or reactive charts showing what had already happened !! How ludicrous can it get .....lol. I am finished here so no denial is necessary as it is s clear as daylight..... Cheers, GS.
Yet another one who says he's read the thread but still fails to see, or I should say, fails to accept what he has seen... or just another guy down on his "luck" and needing a bail out trade?

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #458
  • Oct 26, 2015 9:33pm Oct 26, 2015 9:33pm
CJ, in my studies, I have found that price typically returns to these Pinbar/whipsaws/stop hunts. Especially on my 1HR GN. Why is this and how can I best use it to my advantage?

Quoting Captain Jack
{quote} I've been doing this for years now and they are trying to make it harder. Here's a few old shots of what the MT4 tick chart used to look like....now they let you see less than half of that... some good external sources out there for tick data as well as some MT4 scripts that will create a tick chart of normal size.... http://www.netdania.com/Products/liv...anceChart.aspx Patterns are changing as well...gone are all those whippy back and forth stop hunts they used to do...
  • #459
  • Oct 26, 2015 9:40pm Oct 26, 2015 9:40pm
Quoting forexdave1
CJ, in my studies, I have found that price typically returns to these Pinbar/whipsaws/stop hunts. Especially on my 1HR GN. Why is this and how can I best use it to my advantage? {quote}
Because they are all falsely created areas, designed to draw the largest numbers of traders into a common area of interest... this way, a greater number of transactions can be created and it's transactions that fuel a price movement...

If you are a hunter and put meat on your own table, it's no different that putting out a salt block or corn feeder to attract your prey.... the deer come to you instead of you going out and looking for them. It's the same with all the pivot points, S/R, fibo levels.... etc. They are the salt blocks of forex, that draw the traders into that area of interest.

In other words, they are areas of slaughter and carnage...

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #460
  • Oct 27, 2015 1:09am Oct 27, 2015 1:09am
Quoting Captain Jack
{quote} Because they are all falsely created areas, designed to draw the largest numbers of traders into a common area of interest... this way, a greater number of transactions can be created and it's transactions that fuel a price movement... If you are a hunter and put meat on your own table, it's no different that putting out a salt block or corn feeder to attract your prey.... the deer come to you instead of you going out and looking for them. It's the same with all the pivot points, S/R, fibo levels.... etc. They are the salt blocks of forex,...
I always struggled with fibs because the calculations are based on the TF you are applying them to. So I theorized that if I could see every time zone, on an H1 chart, I will have lines all over the chart.

I think BRN are greater heat sinks than fibos. That is unless you standardize fibos to the opening of each currency market. If you do that, then all fibs drawn all over the world have a set time GMT.
If you are good at something, never do it for free--Joker
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