Disliked{quote} Well its depend on the system, but if you have a reference point, you can project upwards and downwards a range.Ignored
Higher Edge within a Single Candlestick
- #2,282
- Mar 29, 2018 11:25am Mar 29, 2018 11:25am
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts
- #2,288
- Mar 29, 2018 2:39pm Mar 29, 2018 2:39pm
- Joined Apr 2004 | Status: #slack pricetimeforecast | 1,934 Posts
- #2,293
- Apr 9, 2018 8:07am Apr 9, 2018 8:07am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
Maadik Hugiis. IQ 69.
- #2,295
- Apr 9, 2018 11:51am Apr 9, 2018 11:51am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
Maadik Hugiis. IQ 69.
- #2,296
- Apr 9, 2018 11:56am Apr 9, 2018 11:56am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} You are going to waste your time with the ct positions opening. I cant see a single good reason why not open the very same ct trades with the trend when it turns around? Anyways, that is your time... I have managed to dig over 2,000 net pips from around 330 flips. This includes the losing flips lost pips. For 75 days. Each 75 days. But i have a major problem, it does slip me a little most of the times and sometimes a lot. My developper cannot find a way to lock the slip, unfortunately. This causes me higher DD figures and I sort of waste...
I see that some one found the time to take a shower and get spruced up...
As you can see I wrote about torus, waves, dimensions in my last posts. Sorry that it took a while to come to a point, but I think that this posts were necessary so that you can understand everything that I‘ll post now.
Wave functions as market models are with us for ages, there is a lot of posts in this and other fx forums where members explain their view of this interesting topic. There are even some hot shots like Gann, Elliot, Dow… who express phenomenon of wave function in their own words and from their point of view. But I think they share with public only small part of what they know about this topic.
I know that lot of you already thought that I am another scamer who is talking BS. Maybe I am.
But hey, this BS pays life of beloved and me. Ok lets start. I would like to show you how you can use a esoteric BS I talked about in last posts in real trading.
In last couple of posts I show you UFO and explain you that this is not just an unidentified object. If you are follower of Crucial point and most of us are (including me), you heard over and over again that price moves up and down and I already explain you that it vibrates as all around us. I would like to show you how would perfect market looks like if there would not be any MM. It would looks like this:
Price would move in sine waves that consists of smaller sine waves, and so on. If you remember I post about torus which consist of smaller torus and so on…. But unfortunately for some traders and fortunately for others the real market does not look like this. There is always some noise and because of that pattern looks a bit compressed in some parts and stretched in other parts. But, the general sine wave pattern would still dominate the movement of the price. But due to the noise you can be certain that the market changes its direction if all or most of the cycles being in harmony.
And there come the tricky part. How could we see this harmonics? It is easy. We just need a tool to measure the momentum that somehow smooths the momentum. And yes, this is where some ordinary commonly used indicator come into play. But of course , we can‘t just use any numbers because we want to gauge the market as good as possible. Now you probably ask yourself how could we measure or make harmonics. As a piano trader I love music and I see similarity in fx markets and in music. OK maybe it is just me because of my hobby but as in fx market you can see vibrations and sine waves also in music. I told you that waves and frequencies are all around us. You don not belive me?
And it‘s the same with our tool that we want to build to gauge momentum: The settings of our indicators have to be in harmony to create what we want to see. Of course there will be some noise in the optimal market I mentioned above, but we could now see when the market has turned its direction. This is when the indicators point into the same direction. But of course this is not enough We also want to see a strong momentum confirming the move in right direction. Otherwise it could be just coincidence to see our lines pointing in one direction, caused by effects of random noise. We need power behind this move and we will enter if our indicators cross predefined value.
However, trading an optimal market would to be too easy. In reality there are banks, big boys, national institutes, etc. Who can put money on the table in or take it from it. Their doings cause a much more skewed market. However, the idea described above is fundamental and thus can be also applied to these conditions. Eaach indicator has its own crucial momentum patterns that indicate a higher probability of success while trading. How can you see these patterns? Maybe you remember this post of CP: It‘s all about divergence and convergence ...
It‘s exactly like that. If you compare two influx (momentum) lines, they can either walk parallel, show divergence or convergence (compare the bold lines in the picture below):
Have you ever thought about it this way? Unfortunately we used lagging indicators in order to gauge momentum and to identify some momentum patterns. However, this lag indicators may cause some big losses or drawdowns. So we need a faster moving indicator. If you decided to chose lagging indictor, then now you could use non lag indicator. They are less smoothed, but are intended to follow the market faster.
But how are they used? What does a convergence or divergence mean? Are the only used to gauge momentum faster? Or also to exit? To understand the market structure? Yes, they are all for these topics. But this is another story for another post.
If you really want to understand how the whole thing of CrucialPoint works, you should find answer, answers to these questions:
- How do indicators work?
- How are non lag indicators constructed?
- Under which conditions can a trend only continue?
- When is it time to exit?
- Which patterns show that momentum increases/decreases?
- Why do we have to compare the influx lines in relation to each other as well as in relation to important indicator thresholds?
- How are these thresholds defined?
I leave it to you to study this whole thing and come up with answers to these questions. But i would like to help you with searching for your trading grail and i would like to share with you a hidden gem from sis.yphus:
http://penguintraders.com/wp-content...15/02/5555.pdf
If you find something interesting in my post you can always pm me.
Wave functions as market models are with us for ages, there is a lot of posts in this and other fx forums where members explain their view of this interesting topic. There are even some hot shots like Gann, Elliot, Dow… who express phenomenon of wave function in their own words and from their point of view. But I think they share with public only small part of what they know about this topic.
I know that lot of you already thought that I am another scamer who is talking BS. Maybe I am.
But hey, this BS pays life of beloved and me. Ok lets start. I would like to show you how you can use a esoteric BS I talked about in last posts in real trading.In last couple of posts I show you UFO and explain you that this is not just an unidentified object. If you are follower of Crucial point and most of us are (including me), you heard over and over again that price moves up and down and I already explain you that it vibrates as all around us. I would like to show you how would perfect market looks like if there would not be any MM. It would looks like this:
Price would move in sine waves that consists of smaller sine waves, and so on. If you remember I post about torus which consist of smaller torus and so on…. But unfortunately for some traders and fortunately for others the real market does not look like this. There is always some noise and because of that pattern looks a bit compressed in some parts and stretched in other parts. But, the general sine wave pattern would still dominate the movement of the price. But due to the noise you can be certain that the market changes its direction if all or most of the cycles being in harmony.
And there come the tricky part. How could we see this harmonics? It is easy.
We just need a tool to measure the momentum that somehow smooths the momentum. And yes, this is where some ordinary commonly used indicator come into play. But of course , we can‘t just use any numbers because we want to gauge the market as good as possible. Now you probably ask yourself how could we measure or make harmonics. As a piano trader I love music and I see similarity in fx markets and in music. OK maybe it is just me because of my hobby but as in fx market you can see vibrations and sine waves also in music. I told you that waves and frequencies are all around us. You don not belive me? Inserted Video
And it‘s the same with our tool that we want to build to gauge momentum: The settings of our indicators have to be in harmony to create what we want to see. Of course there will be some noise in the optimal market I mentioned above, but we could now see when the market has turned its direction. This is when the indicators point into the same direction. But of course this is not enough We also want to see a strong momentum confirming the move in right direction. Otherwise it could be just coincidence to see our lines pointing in one direction, caused by effects of random noise. We need power behind this move and we will enter if our indicators cross predefined value.
However, trading an optimal market would to be too easy. In reality there are banks, big boys, national institutes, etc. Who can put money on the table in or take it from it. Their doings cause a much more skewed market. However, the idea described above is fundamental and thus can be also applied to these conditions. Eaach indicator has its own crucial momentum patterns that indicate a higher probability of success while trading. How can you see these patterns? Maybe you remember this post of CP: It‘s all about divergence and convergence ...
There are only 2 outcomes (Roulette, Coin tossing or FOREX):
A) Divergence away from the mean B) Reversion toward the mean
Have you ever thought about it this way? Unfortunately we used lagging indicators in order to gauge momentum and to identify some momentum patterns. However, this lag indicators may cause some big losses or drawdowns. So we need a faster moving indicator. If you decided to chose lagging indictor, then now you could use non lag indicator. They are less smoothed, but are intended to follow the market faster.
But how are they used? What does a convergence or divergence mean? Are the only used to gauge momentum faster? Or also to exit? To understand the market structure? Yes, they are all for these topics. But this is another story for another post.
If you really want to understand how the whole thing of CrucialPoint works, you should find answer, answers to these questions:
- How do indicators work?
- How are non lag indicators constructed?
- Under which conditions can a trend only continue?
- When is it time to exit?
- Which patterns show that momentum increases/decreases?
- Why do we have to compare the influx lines in relation to each other as well as in relation to important indicator thresholds?
- How are these thresholds defined?
I leave it to you to study this whole thing and come up with answers to these questions. But i would like to help you with searching for your trading grail and i would like to share with you a hidden gem from sis.yphus:
http://penguintraders.com/wp-content...15/02/5555.pdf
If you find something interesting in my post you can always pm me.
Think in terms of energy, frequency and vibrations
