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- cg uno replied Sep 23, 2013
that would imho be an accurate definition of "crappy statistic"
- cg uno replied Sep 22, 2013
obviously - think about it ..... you are asking whether if something reaches half way, will it reach a quarter of the way more often ...... but it's a crappy "statistic" anyway as the 80% depends on how well the fork is drawn in the first place - ...
- cg uno replied Sep 20, 2013
got it - thanks
- cg uno replied Sep 20, 2013
what are the coords of your blue fork?
- cg uno replied Sep 20, 2013
scale...... you have a large downtrend with no fork you have a small uptrend (in terms of the bars you have shown) with a tiny fork tacked on the end i previously suggested that you checked one of the commercial threads - had you done so you would ...
- cg uno replied Sep 18, 2013
imho once you have the technically correct low-high-low (or vice versa) there is no "right" or "wrong". you are looking to define the path of price so you try to find a fork that best does this. as i said previously i try not be too mechanistic and ...
- cg uno replied Sep 18, 2013
potentially - but it's an untested fork and there are plenty of others that could be drawn eg these bigger nzd dailies not suggesting either is right or wrong but you need to look for validation from the charts - imho three points can make a fork ...
- cg uno replied Sep 16, 2013
AUD 240 copied from the coghlan capital thread in the commercial section url
- cg uno replied Sep 15, 2013
the mechanistic approach is to use swing high - swing low - swing high for a downtrend and vice versa for an uptrend - remember to try andrews, schiff and modified schiff when doing so. to my mind there has to be some artistic licence that goes with ...
- cg uno replied Sep 15, 2013
it strikes me that there really isn't much of a discernible pattern here - i would suggest that you might be better to either look at cable in the bigger picture or maybe on a different timeframe eg on a 240min timeframe such as the one i showed in ...
- cg uno replied Sep 10, 2013
good point....
- cg uno replied Sep 10, 2013
nice one - but more than one if you look at my post 5783 above...
- cg uno replied Sep 10, 2013
Davit - your chart appears to me to be really "crammed" and you should perhaps consider the timeframe that you are using.... it kinda looks as though you are trying to get the fork to fit rather than allowing it to define the trend .... eg my 240 ...
- cg uno replied Sep 9, 2013
cable 240 min
- cg uno replied Sep 4, 2013
couple of CAD forks to add to the mix - Daily and 240 min:
- cg uno replied Sep 3, 2013
i have the same fork for eurjpy, but following on from what i said last week about scale, prefer it as a 60 min - it just tells me more
- cg uno replied Sep 1, 2013
oh for goodness sake davit..... you made some fundamental errors about foreign exchange to both JeremyWS and to me either through misconception or misunderstanding of the points being made all i did was politely point out that you were making these ...
- cg uno replied Sep 1, 2013
absolutely not - you postulated that if the dollar is strengthening then the euro will also be weakening against the pound. I pointed out gently that this is not necessarily the case. if you don't understand why then i would respectfully suggest ...
- cg uno replied Sep 1, 2013
Sorry but I don't know how to say this more clearly. It is a generalisation to suggest that if the dollar is strengthening then the euro will also be weakening against the pound. What may or may not be happening now was not what you mentioned. You ...
- cg uno replied Sep 1, 2013
you cannot generalise like that imho - a strong dollar does not mean sterling will necessarily also gain. both eur and gbp could and probably will weaken. there is no reason from what you have said for gbp to strengthen with the dollar against the ...