DislikedHi ALL,
for those that missed the file.
available for a limited time, here it is again.
regardsIgnored
NP
The Ultimate Fallacy in Technical Analysis 99 replies
"Technical Analysis Fallacy" thread people, I need your help 54 replies
Technical Analysis Fallacy Redux 23 replies
Statistical analysis fallacy 33 replies
DislikedHi ALL,
for those that missed the file.
available for a limited time, here it is again.
regardsIgnored
DislikedBook is very good. I am on the 330th page. But i can't understand how he recognized cycles and predicted future in stock markets with bible :S Maybe i am too young :SIgnored
DislikedHi ALL,
for those that missed the file.
available for a limited time, here it is again.
regardsIgnored
DislikedBook is very good. I am on the 330th page. But i can't understand how he recognized cycles and predicted future in stock markets with bible :S Maybe i am too young :SIgnored
DislikedHi mijamoto,
Read and think carefully,
This legend became famous because of this report:
"in the presence of our representative, 286 transactions in various stocks, in 25 market days, on both the long and short side of the market. 264 of these transactions resulted in profits and 22 trades lost."
The profit rate was up to 92.3%.
During that month, the average interval between trades was only 20 minutes.
On one trading day, he made totally 16 trades, 8 out of them are the reversal points of the intra-day market fluctuation."
It was after he became famous that the techniques known to the world were engineered (to mask)and he came out to sell trading advisory.
Back to basics.
Try to formulate what is being taught now to this sequense of trades.
If you use what's been taught in public. These trades cannot happen.
Talk about masking bull to masses. there's surely one born every day.
His technique is hidden in the story, HINT: "time"
Note 286 trades in 25 days.
You still believe predictive?
believe me, his tech was not predictive, contracy to what he sold to the masses.
Understand what I have presented, then relate to what he did in public record and you will see the truth.
Otherwise you can go buy his other stuff. and get lost in your search. Read the story carefully.
Its all hidden in there.
He then laughts at the gullible masses who goes all ways but the real.
Read how the story, splits into a million ways going into the ending.
What does that tell you?
Only the dedicated will stay true , most will deviate.
26 years of study and I tell you, Stay to the basics, or you will be lost.
He won't even teach his son, you think he will teach you outright?
Think!
regards.Ignored
DislikedI am a litle bit confused right now. Robert in the story used pyramiding and never spent more than 10% on the trade. He beated the market beacuse of his strong mentality and he was aware that everything is moving in cycles. He told that for him significant time are : 4 min, 24h, 1 year. Related to the Earth rounding the sun. I also think his oppinon was mainly trend is one which you have to be devoted and love it and he covered counter moves with hedgin if i understood correctly. His money purpose was also only for good of people and to save country and money didn't have any value without Marry. He also invented a microphone which recorded what big players are meant to do, beacuse they were jelaous of his success. That is from the story what i found out in investing section. Gann's success i really can't understand why numbers 286 and 25. I think he was dancing with the market (that supposed to be 20 min interval) and i also don't understand
On one trading day, he made totally 16 trades, 8 out of them are the reversal points of the intra-day market fluctuation."
Was he buying (in way of main trend) when others were selling? I hope fti you can enlighten me a lil bit more or give more tipsIgnored
DislikedYou are right.
used pyramiding and never spent more than 10% on the trade. He beated the market beacuse of his strong mentality and he was aware that everything is moving in cycles.
in red is filler.
Now analyse how I trade, then relate.
Read the thread carefully AGAIN.
regardsIgnored
DislikedSo that means. What goes up that will go down one day and vice-verse. We need just a strong catalyst to change the trend. But why Gann used 20 minutes for interval?Ignored
DislikedWrong.
Law of motion.
Law of vibrations.
20 mins is his average hold.
It is average not fixed.
Change can only come about, when change happens with effects of law of motion.
Remember, Sun Zi Bi Fa?
reread water motion.
The legend mastered the pyrimids mathematics, ie Vincci proportions ie fibo ie WW table.
google & read
"Legend Interviewed by W y c k o f f in 1909......
"Water seeks its level," continued Mr. ...
Can anyone post "water motion" and law of motion by Sun Zi Bi Fa? I was seeking through thread and couldn't find :S Was Sun Zi Bi Fa a korean soldier who fought for China :SIgnored
DislikedI spent once whole weekend on reading this thread and i read it very fast. I will try to get book Art of War I have saved your lessons 1 and 2 and some principles of AOW but i didn't find water :SIgnored
DislikedAOW is free, its given.
read carefully, understand and practise.
You will not understand unless you read, comprehend and prsctise.
regardsIgnored
DislikedSun Zi
""Water shapes its course according to the nature of the ground
over which it flows;
the soldier works out his victory in relation to the foe whom he is facing.
Therefore, just as water retains no constant shape, so in warfare there are no constant conditions."
I hope this is what you wanted to hearIgnored
DislikedBook is very good. I am on the 330th page. But i can't understand how he recognized cycles and predicted future in stock markets with bible :S Maybe i am too young :SIgnored
DislikedYes, but what does it mean?
Think! deeep.
What is its ealationship to the law vibrations and the law of motion?
Whats the MO and MM to defeat it?
regardsIgnored
Dislikedyou can be right in a short time, or you could be right in a long time. But, a trader can never be right all the times, otherwise he will own the world in one month since he makes no mistakes.
Fti and other friends, can you tell me the differences with Eur/Usd three bottoms in late three months. Especially the third bottom, is there any typical bottom pattern for this one?
Have a nice trip, fti.Ignored
DislikedHi Green David,
I canīt answer your question.
So far no one else has so FWIW, here are my thoughts.
Looking at your chart, the three bottoms look like slightly higher lows in what seems to be a continuing uptrend. The three tops formed almost a level line of resistance, which has been broken.
The uptrend looks like it is still in place on the weekly and monthly charts.
On the dailly a doji has formed, which suggests there could be a pullback, in the very short term anyway.
I have no time to dance tomorrow morning but I am considering placing a sell stop this evening to catch a possible 20-30 pips whilst I am out.
Not in keeping with the concept on this thread I know but the next best thing.
HSIgnored