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Time and Price Forecasting

  • #3,161
  • Edited 1:05pm Mar 11, 2021 11:59am | Edited 1:05pm
Quoting Swede
{quote} While I appreciate your gratefulness for the time someone takes to instruct, I think it is time you started to get your feet wet and start posting charts with your commentary.....I see you in many rooms and I see your looking for something that makes sense, but honestly your asking for the impossible. Most of us have little time for basic teaching, that's the job of websites like Babypips.com and some of the brokers offer basic understanding of currencies. When you have a basic understanding, then you can ask questions based on your own...
hello sweede thankyou for your time and your words

as advised ive followed on with your sound advice with templates and the like ( i apriciatte you have done something you dont normally do via watching my activities on hear it is well needed in my case bit knoob spaz but ill try really hard )

sorry it took me some time ( this is not for sympathy caressing tiny violin it is so if i don't seem like I'm applying myself farther in bad way and i try help people only slightly in my way to hopefully that it might make a difference like it did when others helped me - kept me going- like i said i want to get smart so i can deliver a better standard of help ) again not for sypathy just so you don't loose faith you've acquired in me for one reason or another also day job reading books kindly provided ect ect

so ... down to business i got the adr 20 day as you stated
may i ask why 20 ? as it seems a logical time
gu today 20 is 97 eu 67 cadjpy 60
do you take all three as to see the highest and then make the decission to trade the one with the higher adr ? or do you do something else magical with said numbers ?

hear is my gu chart /

on topic of gu you mention - 525 why not 485? ( not trying to be flash ... flash i aint - maybe when you chaps are finished with me ... just a question )

another thing the numbers again ( this is not a criticism just so i can get things straight in my caterpiller mind set i put this because im going to relate 2 points )

you and oap dave seem to say shape / curve fitting is adequate for setting the bands ( which is a relife to me )

and when reading bit of paris boys he has a really mythodical hard to understand way hard for me to understand but spades a spade and well im bit slow for the time being lol

im off out for 40 mins to get dads meds then ill be back and ill try replicate on the other pairs you made me write the adr
for and seek your advice

thankyou so much for your time all 3 of you are legends and always will be
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  • #3,162
  • Edited 1:06pm Mar 11, 2021 12:51pm | Edited 1:06pm
Well first thing is that is not GU chart....close and remove all the other crap and just post a gu chart...no multi charts because when you set one chart and toggle to the next, the same setting will be there for all the charts and it will not work....when you have that done, repost your chart and I will respond...

the chart you have on the screen is CadJpy.....and as you can see the setting is copied the same as gu at 525.....obviously the envelopes are way to wide for CadJpy.....try a setting of 300 (see below)since the average daily range over 20 days is only like 68....
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  • #3,163
  • Mar 11, 2021 1:03pm Mar 11, 2021 1:03pm
EURUSD 1 mn

Envelopes Parameters : 0.0015625 / 0.00078125 / 0.000390625
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  • #3,164
  • Mar 11, 2021 1:03pm Mar 11, 2021 1:03pm
Quoting Swede
{quote} While I appreciate your gratefulness for the time someone takes to instruct, I think it is time you started to get your feet wet and start posting charts with your commentary.....I see you in many rooms and I see your looking for something that makes sense, but honestly your asking for the impossible. Most of us have little time for basic teaching, that's the job of websites like Babypips.com and some of the brokers offer basic understanding of currencies. When you have a basic understanding, then you can ask questions based on your own...
so for my first attempts to be scrutinised and hopefully correct by you im going to take the math approach

not because im smart or special just seems rational and well I'm no mathematician so ill go long way round with a calculator which for the most part any one can use

at present your saying 520 is the one for gu and the adr 20 at time of writing is 97 so if i think of eu as being 67 - eu is 30 % less so with this in mind im gonna deduct 30% from 520 and try that on EU and see what i think then if i feel like you said i should change it ill take an educated guess by eye

so my math gave me 364 and hear is a chart of which i recon I'm relatively happy with

what do you think sir is it rational what i did and more over do you think it correct in terms of use functionality

as ever many thanks for your time .
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  • #3,165
  • Mar 11, 2021 1:08pm Mar 11, 2021 1:08pm
EURUSD 5 mn

Envelopes Parameters : 0.003125 / 0.0015625 / 0.00078125
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  • #3,166
  • Mar 11, 2021 1:15pm Mar 11, 2021 1:15pm
GBPUSD 5 mn

Envelopes Parameters : 0.00625 / 0.003125 / 0.0015625 (= 2 x EURUSD Parameters)
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  • #3,167
  • Mar 11, 2021 1:16pm Mar 11, 2021 1:16pm
Quoting Swede
Well first thing is that is not GU chart....close and remove all the other crap and just post a gu chart...no multi charts because when you set one chart and toggle to the next, the same setting will be there for all the charts and it will not work....when you have that done, repost your chart and I will respond... the chart you have on the screen is CadJpy.....and as you can see the setting is copied the same as gu at 525.....obviously the envelopes are way to wide for CadJpy.....try a setting of 300 (see below)since the average daily range over...
sweede ..... saint sweede a glass pain awaits you for your patience

you ever seen film million dollar babey the women who coach took pitty on ..... i feel we are in that moment ... obviously i am the women in this case

so apologies i think i dropped cad on in my interest of just staring and rushing to get out and come back and look like i did something before i went so apologies i have amended my

ill remove fancy buttons need to make new template think when you save the template had the buttons on as i dont have an idicator associatted with buttons
  • #3,168
  • Mar 11, 2021 1:18pm Mar 11, 2021 1:18pm
AUDUSD 5 mn

Envelopes Parameters : 0.00625 / 0.003125 / 0.0015625 (= GBPUSD Parameters)
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  • #3,169
  • Mar 11, 2021 1:23pm Mar 11, 2021 1:23pm
Quoting parisboy
EURUSD 5 mn Envelopes Parameters : 0.003125 / 0.0015625 / 0.00078125 {image}
Bonsoir alain en vous souhaitant une bonne santé en appréciant de vous regarder massacrer les marchés dans votre chambre comme toujours

merci pour vos entrées, je suis sûr qu'il n'y a probablement pas de moyen facile de tirer les conclusions sur les paramètres que vous en venez à

mais si par hasard il y a s'il vous plaît pouvez-vous donner un cours accéléré simplifié sur la façon dont vous arrivez à vos chiffres que j'ai demandé simplifié parce que pour moi c'est très difficile

et pour une raison ou une autre, l'inverse vous a livré avec un imbécile volontaire et sans instruction, donc si vous pouvez le réduire à mon avantage, ce serait grandement apprécié



good evening alain whishing you good health enjoying watching you slaying the markets in your room as always

thankyou for you inputs im sure there is most certainly probably not an easy way to come to said settings conclusions your coming to

but if by chance there is please may you give a simplified crash course on how you come to your figures i asked for simplified because to me it is very hard

and for one reason or the other the unverse delivered you with a willing uneducated fool so if you can dumb it down for my benefit it would be greatly appreciated
  • #3,170
  • Mar 11, 2021 1:24pm Mar 11, 2021 1:24pm
NZDUSD 5 mn

Envelopes Parameters : 0.00625 / 0.003125 / 0.0015625 (= GBPUSD Parameters = AUDUSD Parameters)
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  • #3,171
  • Mar 11, 2021 1:30pm Mar 11, 2021 1:30pm
CADUSD 5 mn

Envelopes Parameters : 0.003125 / 0.0015625 / 0.00078125 = EURUSD Parameters
Attached Image (click to enlarge)
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  • #3,172
  • Mar 11, 2021 1:34pm Mar 11, 2021 1:34pm
Ronin....I can see you don't listen to instruction very well....this is my last attempt to get you on track...

First....remove the multi chart indicator....remove it now....your setting will not work from one currency to another. those are used when you have one setting like a daily, or hour chart and you use it to toggle through to see if levels are being reached that may be of interest on a day trading scenario.

Second.....open a gu chart....5 min like I asked....and I will explane some things.

For a moment, do not try to compare Parisboy chart with yours, he is using Tradingview....does not apply to your MT4 chart.

If you can do that I will talk about adr...
  • #3,173
  • Mar 11, 2021 1:37pm Mar 11, 2021 1:37pm
USDJPY 5 mn

Envelopes Parameters : 0.3125 / 0.15625 / 0.078125 = 100 x EURUSD Parameters
Attached Image (click to enlarge)
Click to Enlarge Name: JPYUSD 5 mn 11 MARS 2021.jpg Size: 165 KB
  • #3,174
  • Mar 11, 2021 1:42pm Mar 11, 2021 1:42pm
And parisboy is using Futures charts...not forex charts....for example the CadUsd is opposite to USDCad...his chart is representative of how much the Cad dollar is worth in US dollars about 79 cents....Forex charts are representative of how many Cad dollars does it take to buy one US dollar or 1.25

You cannot use his settings or charts for forex in most cases because of how they are set up...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADiM5 oposite how futures displayed.png Size: 54 KB
  • #3,175
  • Mar 11, 2021 1:47pm Mar 11, 2021 1:47pm
USDJPY 5 mn

Envelopes Parameters : 0.25 / 0.125 / 0.0625 =

(109.400 - 105.400) = 4

4 / 8 =0,5

0.5 / 2 = 0.25

0.5 = Amplitude de l'Enveloppe 256
Attached Image (click to enlarge)
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  • #3,176
  • Mar 11, 2021 1:48pm Mar 11, 2021 1:48pm
Quoting Swede
Ronin....I can see you don't listen to instruction very well....this is my last attempt to get you on track... First....remove the multi chart indicator....remove it now....your setting will not work from one currency to another. those are used when you have one setting like a daily, or hour chart and you use it to toggle through to see if levels are being reached that may be of interest on a day trading scenario. Second.....open a gu chart....5 min like I asked....and I will explane some things. For a moment, do not try to compare Parisboy chart...

hey sweede so the buttons are to do with template so i had to make new template you sent me sorry took me a little while making one

gu chart ive not yet checked the settings of the pivot or tro gold thing so dont think im being an idiot if there not politically correct for the moment need to copy settings from the template if they are different

gu 5min chart no buttons 520 settings as requested

what are the things you would like to tell me

thankyou for your help and patience
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  • #3,177
  • Mar 11, 2021 1:53pm Mar 11, 2021 1:53pm
Quoting parisboy
USDJPY 5 mn Envelopes Parameters : 0.25 / 0.125 / 0.0625 = (109.400 - 105.400) = 4 4 / 8 =0,5 0.5 / 2 = 0.25 0.5 = Amplitude de l'Enveloppe 256 {image}
Not sure why your posting these numbers..you have now way of setting your mt4 charts according to these parimeters...
  • #3,178
  • Mar 11, 2021 1:55pm Mar 11, 2021 1:55pm
USDCAD 5 mn


Envelopes Parameters : 0.00625 / 0.003125 / 0.0015625 =
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  • #3,179
  • Mar 11, 2021 1:57pm Mar 11, 2021 1:57pm
Quoting Swede
{quote} Not sure why your posting these numbers..you have now way of setting your mt4 charts according to these parimeters...
Sorry Swede I do not understand your remark
  • #3,180
  • Mar 11, 2021 2:02pm Mar 11, 2021 2:02pm
Quoting Swede
{quote} Not sure why your posting these numbers..you have now way of setting your mt4 charts according to these parimeters...
i think alain is just helping too in the sense that he see me ask about trading view me thinks just carry on how we are and hopefully one day i or you get the trading view ones set up

i appreciate how your teaching me because your giving me direction starting from the basics which is at this moment what i need- as im not a super slick smart savy individual as it were the way you are approaching things is a good step by step thing that's going to help myself that falls in the dumber percentile of humanity

and sure alains will too

thanks both of you for your time and imputs it is most appreciated
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