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Attachments: Time and Price Forecasting
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Time and Price Forecasting

Quoting parisboy
{quote} Steve, have you some articles or books from Ed Seykota ?
Not that I know of. Liked the quote. Reminds me of “The trend is your friend” attributed to George Lane (Stochastics).

I will look.
Quoting OAPDave
Had to reverse on the 8am Candle but day turned out OK Spread saved me on the 11am candle bit of a struggle but made Target in the end {image} {image} {image}
Nice work Dave.....I was thinking today about ranging markets and your comments about reliance on too many indicators , and we hear everyone complaining about 'Stuck in a Range', things like that. Now I guess I come from some other planet, but I love ranging markets, tremendous opportunities, with little or no drawdown when you just do some simple drawings...anyway, just my Friday comments...
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Quoting Swede
{quote} Nice work Dave.....I was thinking today about ranging markets and your comments about reliance on too many indicators , and we hear everyone complaining about 'Stuck in a Range', things like that. Now I guess I come from some other planet, but I love ranging markets, tremendous opportunities, with little or no drawdown when you just do some simple drawings...anyway, just my Friday comments... {image}
Swede
Thanks for you comment
Some really clever guys on here
But not being one of them I can only rely on
My eyes and logic ( Range )
Quoting OAPDave
{quote} Swede Thanks for you comment Some really clever guys on here But not being one of them I can only rely on My eyes and logic ( Range )
Logic will never be out of fashion....it seems like unless traders have a plethora of indicators to provide confluence they are stuck guessing direction, and upset when direction turns opposite of analyses. When they start swearing at the currency, you know it’s just a matter of time before they blow their accounts. These folks really should really find another career.
Quoting Swede
{quote} Logic will never be out of fashion....it seems like unless traders have a plethora of indicators to provide confluence they are stuck guessing direction, and upset when direction turns opposite of analyses. When they start swearing at the currency, you know it’s just a matter of time before they blow their accounts. These folks really should really find another career.
This can much easier to overcome if you know actual statistics behind your edge. Losses become far less intimidating as long as you know what behavior can be deemed abnormal in your strategy over time.
"The markets will remain erratic longer than you can stay solvent"
Can someone please help me with a PDF I can read to improbe my trading, I'm still a beginner, someone should help my trading journey
Quoting Swede
{quote} Logic will never be out of fashion....it seems like unless traders have a plethora of indicators to provide confluence they are stuck guessing direction, and upset when direction turns opposite of analyses. When they start swearing at the currency, you know it’s just a matter of time before they blow their accounts. These folks really should really find another career.
Grey Cup … Winnipeg or Toronto ??
Quoting Billions231
Can someone please help me with a PDF I can read to improbe my trading, I'm still a beginner, someone should help my trading journey
Page one. Start your journey!
Dave, the indicator you show in your post is very telling where price might go. I think it would be especially important if the start time was adjustable to start at the London open, is that adjustable? Do you have the source code?

Would you be so kind as to post the indicater used, could be very helpful in analyses...thanks my friend!
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Quoting Steve666
{quote} Grey Cup … Winnipeg or Toronto ??
Sorry Steve, missed the post somehow, anyway the answer is Winnipeg of course....lol

(pretty much like my analyses of cable last week, just a bit late and a bit misguided)
Quoting Swede
{quote} Thank you Dave!.....I will buy beer tonight because the trade below should cover it with 14 pips banked.... strictly nothing more than using the measurements from London open and of course come confluence with the double bottom and a bit of stop hunt....lol ps...stop was only 5 pips {image}
No problem my friend
look at it is just a small thanks for all the info that you have shown me
Just keep filling that Rock Truck with pips
ps
Not forgetting thanks to Parisboy but alas he has gone way over my head now
Quoting Swede
{quote} Actually, instead of draft beer, I have upgraded to Guinnes Preminium....another 17 banked lol On the short side as 44 was about as far as it could rally... ps..stop 7 pips only {image}
You could be dangerous when you know what your doing hahaaaaaaaa
Quoting OAPDave
{quote} Update {image}
Not much question what side to be on.........
Quoting Swede
{quote} Sorry Steve, missed the post somehow, anyway the answer is Winnipeg of course....lol (pretty much like my analyses of cable last week, just a bit late and a bit misguided)
Great game as most Grey Cups are.

Toronto was lucky to win, but believed in themselves and knew their strengths and weaknesses.

Like trading

S.
A blast from the past ?

https://www.forexfactory.com/thread/...9#post12260909


https://www.forexfactory.com/thread/...y-open-trading?
Quoting Swede
{quote} Not much question what side to be on.........
My Sunday bar is pain in the backside at times
The block of 5 vertical lines mostly always capture the Daily High or Low
Might be worth checking the range of in my case uk 5am until 10 am box (vertical lines) to see if there is much left for expansion to make a decent Daily ADR if not and dependent on time of day perhaps a reversal could pay ?

ps
Do not have Sunday bar problem on Indices
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Been messing about with
Time
Looking for a Setup that I am happy with
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  • Post #5,158
  • Quote
  • Edited Dec 4, 2022 7:57am Dec 3, 2022 4:32pm | Edited Dec 4, 2022 7:57am
Quoting Swede
{quote} Not much question what side to be on.........
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Tks OAPDave…so nice to hear sensible seasonal music instead of the mindless auto-tuned crap which passes for music these days
Hi everyone,

OAPDAVE, may I ask you which indicator you use in this picture attached from your "post 5156" that shows price at the pivot points and where I can find it.
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