Time and Price Forecasting | Page 172 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Gann angles forecasting Method and SHIBA INU 0 replies

All the Forecasting and Prediction indicators on the market? 18 replies

Economic Indicator Forecasting by Banks: Why and how 4 replies

Anticipation vs. Forecasting 0 replies

Neral Networks to perform technical forecasting 0 replies

Attachments: Time and Price Forecasting
Exit Attachments

Time and Price Forecasting

  • #3,421
  • Jun 19, 2021 12:38pm Jun 19, 2021 12:38pm
Hi Swede! I'm one of your selfish silent lurkers .

Here's the RSI along with Nih98's other stuff.

https://www.forexfactory.com/thread/...al-of-whatever
  • #3,422
  • Jun 19, 2021 1:03pm Jun 19, 2021 1:03pm
Quoting Swede
{quote} Quite the rsi setting you have there. Do you mind my asking how that was determined? Would you describe it as “robust” or “beastly” ? Lol
Swede
Poocher as beat me to it
any problems let me know
Yes I do think its OK
ps

Thanks Poocher
  • #3,423
  • Edited 3:53pm Jun 19, 2021 1:07pm | Edited 3:53pm
Happy to help OAPDave...apologies to you too for not giving more grateful feedback for your sharing! I'm sure I speak for tons of readers.
  • #3,424
  • Jun 19, 2021 5:02pm Jun 19, 2021 5:02pm
Quoting Swede
{quote} I'm a scalper at heart, had too many really nice trades turn to losses in the past by waiting for the homerun...so I'm skeptical of every move but over everything, this is my real chart, the one hour that covers a few days action, the impulse wave identification is paramount, then the grid to give me points to ponder. Once the grid is on I have a pretty clear roadmap going forward........but then the market slows, after london NY crossover, that is when my entry chart, the 5 minute envelope becomes very useful....I have weekly pivots worth...

i am not convinced that any impulse wave is fine, there must be some other filter to locate the right wave, i am trying to search in jenkins words
  • #3,425
  • Jun 19, 2021 6:57pm Jun 19, 2021 6:57pm
Quoting kapital
I went back in time too (smile) and applied the circle-square-rectangle intersection method I use. The result is very close to his drawing and calculations.
I suspect Catanossi is using a method to determine scale which is not apparent in this particular example. I commend Kapital for sharing with us a repeatable
process for finding a workable scale. That's not an easy thing to do. I haven't logged in to this thread in a long time and have other commendations
to make.
  • #3,426
  • Jun 19, 2021 7:02pm Jun 19, 2021 7:02pm
Quoting Swede
here is the indicator...
Thanks big time to Jeanlouie for coding this indicator. I agree with Swede that this tool is fantastic. Thank you Swede for working
with Jeanlouie or bringing it to his attention and thus bringing it to this forum for everyone's use. It is easy to see how Jenkins
transitioned from secret angle to grid method. Grid method is easier and not knocked off course by scale change. As Swede says,
the grid lays out such a beautiful roadmap for future price that the trader simply needs to sit back and patiently wait for the fat pitch.
A handful of fat pitches each week pays the bills.
  • #3,427
  • Edited Jun 20, 2021 8:30am Jun 19, 2021 8:56pm | Edited Jun 20, 2021 8:30am
Quoting giuse224
{quote} i am not convinced that any impulse wave is fine, there must be some other filter to locate the right wave, i am trying to search in jenkins words
I didn’t suggest “any” impulse wave is fine, I apologize if it seemed that way.....an impulse wave would normally be defined as a swing high or low and subsequent price should (for the most part) stay within that range for the next 3 grid squares, as in the example from Friday. Price can sometimes breach the borders but move back into the grid rather quickly. You then have 4 quarters lending strength to the diagonals that will be drawn....both from a time perspective and a price perspective. A lot of “DNA” can be lifted from this pattern when in place.
Attached Image (click to enlarge)
Click to Enlarge Name: 31A5528D-E284-458E-BD9F-C325708FDD3C.jpeg Size: 488 KB
  • #3,428
  • Jun 19, 2021 10:53pm Jun 19, 2021 10:53pm
Quoting OAPDave
{quote} No problem mate I do tend to delete my posts if I think no one seems interested in them as I know the only likes I get are from Swede or Parisboy or if I am lucky both
I appreciate your posts to! I read every new post in this thread from you, Swede and parisboy.
I am a junior member so I am not granted to use the thumbs up but you all should know that the work you are doing is valuable. Thank you
  • #3,429
  • Edited 8:46am Jun 21, 2021 8:16am | Edited 8:46am
@Dave....hey, 50 pips is a good return, happy you took that......it was so obvious as the market makers shook out the shorts overnight....The completion of the VTL was the trigger long for 100 pip move on the retrace.....now considering a short at the weekly pivot (yellow)....ADR at 138 so a scalp should be in order...we shall see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiM5 6 20 shake out.png Size: 67 KB
  • #3,430
  • Jun 21, 2021 8:56am Jun 21, 2021 8:56am
Quoting OAPDave
{quote} Swede My eyes have seen a very simple pattern The Yellow line is My Chart Daily Open Then remember I am in the UK so I am asleep for the early action Do yo see what I see ps It was 50 pips {image}
Thats London open time?
  • #3,431
  • Edited 10:45am Jun 22, 2021 10:02am | Edited 10:45am
Daily Chart using DNA to square the range and find diagonal levels..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiDaily cycles and square the range.png Size: 55 KB
  • #3,432
  • Jun 22, 2021 11:25am Jun 22, 2021 11:25am
Quoting Swede
or, maybe you just want a circle tool to guage some of the swings...here is a nice one... {image} {file}
Wouldn't that vesica piscis help in determining the scale?
  • #3,433
  • Jun 22, 2021 11:53am Jun 22, 2021 11:53am
Quoting kapital
A Davide Catanossi scale mystery...can anyone figure out how he calculated it? "...which according to the scale used (14.65 pips per day)..." http://tradinggeometrico.weebly.com/...prezzo-tempo-c
Hey guys, it's an interesting challenge to find the scale. ..the ellipse method and sqaures and other patterns are great for having price and time work together to GIVE A PRICE, TIME AND DIRECTION OF THE MARKET...what is first driving all these are scales behind them...

For now I would say #SWEDE's indicator will go a long way offering precision.

Now coming to the SCALE. Davide Catanossi studied a book by George Bayer and so did Beann (market esoterica book guy) and his use of ellipse and scales. What is interesting is George Bayer says THE BASIS OF ALL PRICE MOVEMENTS IS IN THE TIME FACTOR (ASTROLOGY) OF MARKETS...

I THINK WE NEED TO GO BACK TO ASTROLOGY THAT'S WERE ALL THE SCALES AND EVERYTHING IS.

#SWEDE's system something we must use will looking for the scale...PTV don't offer much in terms of direction bias.


Here are my trials with just the time aspect ofor ASTROLOGY.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_2021-06-22-18-36-54.png Size: 62 KB
Click to Enlarge Name: Screenshot_2021-06-22-09-09-30.png Size: 46 KB
Click to Enlarge Name: Screenshot_2021-06-01-10-05-57.png Size: 35 KB
Click to Enlarge Name: Screenshot_2021-05-27-16-05-02.png Size: 38 KB
  • #3,434
  • Jun 22, 2021 12:00pm Jun 22, 2021 12:00pm
The square is a great pattern and can be used to get at PRICE TIME AND DIRECTION....THAT'S ALL A TRADER NEEDS TO KNOW WHEN TO ENTER AND COME OUT, WHAT PRICE AND WHAT DIRECTION THE MARKET IS HEADING...LET'S NOT GET LOST IN PTV AS IT'S HARD TO GET THE DIRECTION.
Attached Image (click to enlarge)
Click to Enlarge Name: SQUARE THE RANGE.PNG Size: 96 KB
  • #3,435
  • Edited 2:20pm Jun 22, 2021 1:57pm | Edited 2:20pm
Quoting EmmK
The square is a great pattern and can be used to get at PRICE TIME AND DIRECTION....THAT'S ALL A TRADER NEEDS TO KNOW WHEN TO ENTER AND COME OUT, WHAT PRICE AND WHAT DIRECTION THE MARKET IS HEADING...LET'S NOT GET LOST IN PTV AS IT'S HARD TO GET THE DIRECTION. {image}
Good posts Emmk.....here’s the thing....I can fix the scale on mt4 several ways, by using the 8 x8 method explained in earlier posts, or using the circle Becks emblem with the quadrilateral. But it is very time consuming and needs constant adjustments and fiddling, and if you just happen to touch the wrong thing or you toggle between time frames, everything goes wonky.

with the “square the range” method shown in my posts using the grid with diagonals your scale is fixed as soon as you set up the first grid, the impulse wave. Why? Because it no longer matters if you change time frames, or squeeze your charts, or go from one chart to another, the diagonals stay in place. That is why the first leg (swing high/low) and all the subsequent measurements derive from that one section, the first wave and why one can call it the DNA square. It is a total solution to mt4 scaling ( and I dare say Trading view also).

The criteria for trading is take the trade at the diagonals, because when one diagonal is breached, most often price will travel to the next diagonal, or during the trading within the grid keep in mind the 25, 50, 75 levels....often those are very accurate turning points....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDiH1arrows.png Size: 38 KB
Click to Enlarge Name: GBPUSDiH1arrows squeezed.png Size: 27 KB
  • #3,436
  • Jun 22, 2021 2:37pm Jun 22, 2021 2:37pm
All manner of additional drawings can come from the initial DNA....I would be short here if session was not ending...but a good place to consider as Asia opens, then London....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiH1additional analyses.png Size: 41 KB
  • #3,437
  • Jun 22, 2021 2:45pm Jun 22, 2021 2:45pm
or you can square the square...and now you have additional targets and entries...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDiH1additional analyses 1.png Size: 45 KB
  • #3,438
  • Jun 22, 2021 2:51pm Jun 22, 2021 2:51pm
I see jeanlouie is in the room....a huge thank you for the grid and all it’s variables, I don’t think you realize the impact this makes when using mt4

Big thank you!!
  • #3,439
  • Edited 3:59pm Jun 22, 2021 3:42pm | Edited 3:59pm
why that one and not the others?

(sorry my error ,in the other image the wave did not cover the next price in the box)
Attached Image (click to enlarge)
Click to Enlarge Name: dgg.JPG Size: 119 KB
  • #3,440
  • Jun 22, 2021 4:04pm Jun 22, 2021 4:04pm
Quoting giuse224
why that one and not the others? (sorry my error ,in the other image the wave did not cover the next price in the box) {image}
really good question......I simply used the closest significant wave where price had not broken out either way....but you could have used the first two you circled...here they are:

ps....this is not rocket science, no big mystery, just find a significant wave....one that seems to hold price within its boundries and place the diagonals and then watch the action going forward....once you gain some confidence you will find opportunity after opportunity...

notice anything???
Attached Image(s) (click to enlarge)
Click to Enlarge Name: first one.png Size: 41 KB
Click to Enlarge Name: second one.png Size: 40 KB
Click to Enlarge Name: third one.png Size: 38 KB
10 traders viewing now, 1 is registered:
wgf998690