Disliked{quote} That's great...I don't know what you mean by average daily open wick...what are you referring to?Ignored
1
{quote} Will this work on 4 hour chart as well? If yes, do we use the same scale? Also in your file example 3, the prediction was not right, or am i missing anything. The prediction is for swing low right as it went down 137.8 pips and not up. I tried on 4 hour chart, and seems to give the right signal but wanted to see if that was coincident or it is suppose to work on any tf with that scaling for EURUSD. {image} {image}
SF
- #2,386
- Edited 3:20pm Jul 27, 2020 2:46pm | Edited 3:20pm
{quote} Will this work on 4 hour chart as well? If yes, do we use the same scale? Also in your file example 3, the prediction was not right, or am i missing anything. The prediction is for swing low right as it went down 137.8 pips and not up. I tried on 4 hour chart, and seems to give the right signal but wanted to see if that was coincident or it is suppose to work on any tf with that scaling for EURUSD. {image} {image}
Coming to the issue of the scale and the time frame...I have only applied it on the Daily chart...you are free to experiment. However, I should say Bradley's price time vector seems to work well...I tried them on the same EURUSD cHart and they gave me the exact dates as did the method of using the scale...
What how ever I'm still trying to understand is...the signal I gave in the book for 21 July 2020 top on EURUSD was not a top but was going to buy really hard...I don't really understand what happened and the other part is there was not projected bottom after that big swing high on EURUSD... I see the same thing happening to GBPUSD and GBPJPY...those are questions I'm trying to find answers to
- #2,396
- Jul 30, 2020 10:07am Jul 30, 2020 10:07am
Hey
It seems quite here for a while. I repeat again, all the live example put here by senior member are of great help us to see how to apply all the gaan theory in practice. As reading those book on its own is bit difficult to see how to apply in practice. As suggested by Swede, i am following few of the pair with the Gaan theory to see how it all pan out. This was my first attempt to see how price react rather than seeing in past.
This was work beautifully to a single pip IF I had taken a trade. But give you so much confidence that you are on the right path.
Two trade that would have given around 100 pips, 70 on sell and 30 on buy as shown on the chart with less than 5 pip drawdown. Again all this will help only if we can figure out the Price Action. So being newbie, i think there is lot to learn.
I was wondering if there is any best place to start with Price action, like how to decide which one to take with minimum drawdown. Currently my understanding is to based on daily bias on SW Pair + EA (9,18) crossover to decide but would really want to see if there is any one place i should be starting to learn more about PA or is it something that will only come through experience and time spend on screen
It seems quite here for a while. I repeat again, all the live example put here by senior member are of great help us to see how to apply all the gaan theory in practice. As reading those book on its own is bit difficult to see how to apply in practice. As suggested by Swede, i am following few of the pair with the Gaan theory to see how it all pan out. This was my first attempt to see how price react rather than seeing in past.
This was work beautifully to a single pip IF I had taken a trade. But give you so much confidence that you are on the right path.
Two trade that would have given around 100 pips, 70 on sell and 30 on buy as shown on the chart with less than 5 pip drawdown. Again all this will help only if we can figure out the Price Action. So being newbie, i think there is lot to learn.
I was wondering if there is any best place to start with Price action, like how to decide which one to take with minimum drawdown. Currently my understanding is to based on daily bias on SW Pair + EA (9,18) crossover to decide but would really want to see if there is any one place i should be starting to learn more about PA or is it something that will only come through experience and time spend on screen
{quote} SF what indi are you using?
https://www.forexfactory.com/attachm...5&d=1533626473 Hepsibah is the author.
SF
- #2,398
- Jul 31, 2020 10:23am Jul 31, 2020 10:23am
Hi DM and Swede
Please evaluate the Beck's Emblem indi and give me your feedback.
Beck's_Emblem
- creates an emblem on loading or parameter change, if btn is shown then emblem is made on btn click
- dyad, tetrad, triad
- all lines are stylable, the angle lines have ray options
- 0-90 degree labels, with optional notes if you want to add a note to a line
- reversible -up/down -backwards/forwards
- intended for use on a fixed scale chart, will rescale if main line is selected on a non-fixed scale chart
- because of the way it needs to be calculated, if the main line is selected then all points are bound to the visible window ie no scrolling off the emblem, to fix the emblem in place just unselect the main line and it will stay in place
- on a non-fixed scale chart, the emblem will re-adjust as the chart scale changes, the main line points will be fixed to price, but the projections will change as the chart scale changes the angle from point1 to point2
Please evaluate the Beck's Emblem indi and give me your feedback.
Beck's_Emblem
- creates an emblem on loading or parameter change, if btn is shown then emblem is made on btn click
- dyad, tetrad, triad
- all lines are stylable, the angle lines have ray options
- 0-90 degree labels, with optional notes if you want to add a note to a line
- reversible -up/down -backwards/forwards
- intended for use on a fixed scale chart, will rescale if main line is selected on a non-fixed scale chart
- because of the way it needs to be calculated, if the main line is selected then all points are bound to the visible window ie no scrolling off the emblem, to fix the emblem in place just unselect the main line and it will stay in place
- on a non-fixed scale chart, the emblem will re-adjust as the chart scale changes, the main line points will be fixed to price, but the projections will change as the chart scale changes the angle from point1 to point2
Trade Without Fear
- #2,399
- Jul 31, 2020 10:46am Jul 31, 2020 10:46am
Happy Friday everyone...
Another example of me monitoring how the trade pan out based on what i am learning so far. To clarify I didnt enter the trade based on Gaan but did closed the trade using the Gaan theory. I enter based on 70.5 retracement (ICT) but that is offline, so ignore that for now. As price honor the 1/2 angle previously i exited when price cross the 1/2 angle line and then retested back. I did not exit on 1/2 angle coming from the top considering it was honor as well if you see on the top because price just zoom through that trendline.
On my exit the price fall down around 30 pip and currently lingering around that level. So it does seem to have worked out this time, 1/2 angle
There is another pair that i was monitoring on GBPUSD to just check where is it going to stop shooting up I wanted to see if price react to one of the 90 angle line from various top in past. guess what it seems to react on 14 04 2020 top and currently lingering around that level. The second trend line is 90 angle line from 10 06 2020 top and as you can see it reacted at that level too.
Please note i am very early in my stage, so anyone noticing please take with a pinch of salt. As you dont want to learn something wrong that i might be doing at the moment. I wanted to share to see if someone can comment on it if i am doing something wrong or am i on the right path.
Another example of me monitoring how the trade pan out based on what i am learning so far. To clarify I didnt enter the trade based on Gaan but did closed the trade using the Gaan theory. I enter based on 70.5 retracement (ICT) but that is offline, so ignore that for now. As price honor the 1/2 angle previously i exited when price cross the 1/2 angle line and then retested back. I did not exit on 1/2 angle coming from the top considering it was honor as well if you see on the top because price just zoom through that trendline.
On my exit the price fall down around 30 pip and currently lingering around that level. So it does seem to have worked out this time, 1/2 angle
There is another pair that i was monitoring on GBPUSD to just check where is it going to stop shooting up
I wanted to see if price react to one of the 90 angle line from various top in past. guess what it seems to react on 14 04 2020 top and currently lingering around that level. The second trend line is 90 angle line from 10 06 2020 top and as you can see it reacted at that level too.Please note i am very early in my stage, so anyone noticing please take with a pinch of salt. As you dont want to learn something wrong that i might be doing at the moment. I wanted to share to see if someone can comment on it if i am doing something wrong or am i on the right path.
