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Bella's One (Cable)

  • #121
  • May 21, 2024 7:55pm May 21, 2024 7:55pm
Bella's Swing Targets and Reversals Calculations
using Mathematical equation to forecast probable support and resistance using only 1 price point.

Data we have is low of 1.24452 placed on 09.05.2024

Calculations are as follows .

  1. when using Sqrt we omit decimals so 1.24452 becomes 124452
  2. for Volatility i use 4 in the example below i add 4 to the result in step 1 (add/subtract) this is researched on 4hr for cable only
  3. Multiply the result with itself in step 3 ( Square roots stuff )


( using windows calculator or excel )
Step 1: Sqrt(124452) = 352.77
Step 2: 352.77 + 4 = 356.77
Step 3: 356.77 * 356.77 = 127290 or 1.27290

The high so far is 1.27262 placed on yesterday, Just below 1.27290

Note: (1.27290... Which is been protected by Super Girl (me ) and my Bear friends on Air Wolf... we did some damages and left it lets see if it works. )

Above calculations which are provided by myself to the thread can be used to obtain price objectives and reversals using only 1 Price .. in this example i used the leg 1.24452 low on 09.05.2024

I will add this to the first page as well

Bella.

Goddess of Thunder..
  • #122
  • May 21, 2024 8:09pm May 21, 2024 8:09pm
Quoting Bella.al
Bella's Swing Targets and Reversals Calculations using Mathematical equation to forecast probable support and resistance using only 1 price point. Data we have is low of 1.24452 placed on 09.05.2024 Calculations are as follows . when using Sqrt we omit decimals so 1.24452 becomes 124452 for Volatility i use 4 in the example below i add 4 to the result in step 1 (add/subtract) this is researched on 4hr for cable only Multiply the result with itself in step 3 ( Square roots stuff ) ( using windows calculator or excel ) Step 1: Sqrt(124452) = 352.77...
Interesting mathematical equation. Used it on a different pair and it got close.

My question would be you typical start with your price point being the lowest point before a reversal happens right?

Also is there a equation for a short side?
  • #123
  • May 21, 2024 8:18pm May 21, 2024 8:18pm
Quoting SmallGains
{quote} Interesting mathematical equation. Used it on a different pair and it got close. My question would be you typical start with your price point being the lowest point before a reversal happens right? Also is there a equation for a short side?
Hello:

This equation can be used like Fibonacci expansions or retracement.The only different part is one can use only single price point as in above example 1.24452 being the low point i choose ( it all depends on the trader like Fibonacci ) .

For short side you would subtract 4 in Step 2 instead of addition , so you take the high of say 1.27262 and when you reach to step 2 you subtract 4 and multiply the result in step 3 with it self to get the value.

Bella.
Goddess of Thunder..
  • #124
  • May 21, 2024 10:03pm May 21, 2024 10:03pm
Added the formula (Fig) on the First Page in title "Why use Pivot Width Analysis""
Central Pivot Range

Attached Image (click to enlarge)
Click to Enlarge Name: TCBC_01.png Size: 6 KB
Goddess of Thunder..
  • #125
  • May 22, 2024 1:02am May 22, 2024 1:02am
Quoting Bella.al
{quote} Updated Thread Total +275 - 18 = +257 Last updated : 20.05.2024
SL is hit -22 pips

Updated Thread total = +257 - 22 = +235 pips

Last updated : 22.05.2024
Goddess of Thunder..
  • #126
  • May 22, 2024 3:11am May 22, 2024 3:11am
Taking one more position here

Short again, my utility only shows short now

SHort GBPUSD : 1.27446
S/L : 1.27616
T/P:++++++++++++
Goddess of Thunder..
  • #127
  • May 22, 2024 3:22am May 22, 2024 3:22am
Quoting Bella.al
Taking one more position here Short again, my utility only shows short now SHort GBPUSD : 1.27446 S/L : 1.27616 T/P:++++++++++++

closed 0.15 lots with 10 pips

0.15 lots in hand
Goddess of Thunder..
  • #128
  • May 22, 2024 3:35am May 22, 2024 3:35am
Quoting Bella.al
{quote} closed 0.15 lots with 10 pips 0.15 lots in hand
closed the rest at +15 pips

Updated Thread total

+235 +10+15 =260 pips

Last updated : 22.05.2024

Just recovering the loss i took due to ( still looking inside )
Goddess of Thunder..
  • #129
  • May 22, 2024 6:11am May 22, 2024 6:11am
Current Rate : 1.27252

It is very mixed up at my end .. I enabled ATR-Resistance on the chart which shows the level of resistance using Average True Range on the Daily

waiting for EOD to check next step.

GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: PQ_22.05.2024.png Size: 20 KB
Goddess of Thunder..
  • #130
  • May 22, 2024 6:28pm May 22, 2024 6:28pm
New Day Started..

P.Q Update ( beta ver 1.3 ) .. taking again a short.

Short GBPUSD : 1.27194
S/L: 1.27439
T/P:++++++++++++++

risk is 24 pips.
Goddess of Thunder..
  • #131
  • May 22, 2024 9:38pm May 22, 2024 9:38pm
For the Record

Made an update to P.Q v1.3 to P.Q v1.4 beta

Features added:
1. Long Term and Mid Term Analysis.

I am guessing the final version of beta could be upto 2.0. ( current v1.4 beta )

GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: PQ_23.05.2024.png Size: 19 KB
Goddess of Thunder..
  • #132
  • May 22, 2024 10:35pm May 22, 2024 10:35pm
Pivot Quantum Update:

Moving on from yesterday.. there was this BSTR Level 1.27290 ( i gave out the calculation (https://www.forexfactory.com/thread/post/14875091#post14875091) ), today there seems to be a confluence resistance
of pivot and BSTR ( 1.27290 ).

Note: the Volatility numeral is used as 4 by default but one can use (1,2,3,4,5,6.....) as necessary depending on the leg used and type of trading system requirement.

GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: PQ_23.05.2024.png Size: 21 KB
Goddess of Thunder..
  • #133
  • May 22, 2024 11:12pm May 22, 2024 11:12pm
Quoting Bella.al
New Day Started.. P.Q Update ( beta ver 1.3 ) .. taking again a short. Short GBPUSD : 1.27194 S/L: 1.27439 T/P:++++++++++++++ risk is 24 pips.

moved my sl to 1.27534 ,expecting R1 to Hold

risk is now 34 pips
Goddess of Thunder..
  • #134
  • May 23, 2024 12:55am May 23, 2024 12:55am
Posting 4 Hours Analysis .. (Without Commentary)

Attached Image (click to enlarge)
Click to Enlarge Name: PQ4Hours.png Size: 16 KB
Goddess of Thunder..
  • #135
  • May 23, 2024 3:25am May 23, 2024 3:25am
Quoting Bella.al
{quote} moved my sl to 1.27534 ,expecting R1 to Hold risk is now 34 pips
Moved stoploss to 1.27589 just above B.P

risk is now 39 pips.
Goddess of Thunder..
  • #136
  • May 23, 2024 4:12am May 23, 2024 4:12am
Hello Indiara Aunty,

This post is for your daughter,

Hello P:

How are you?. Growing up well.. good.. now you may have seen in science fiction movies "Alien Planets" having 2 moons? .. So you will see 2 moons soon just like in the image .. think of it as science fiction movie style. ( please find below Donald duck cartoon you may enjoy)

Alien Planet
Attached Image


Donald Duck Cartoon
https://www.youtube.com/watch?v=l-caQbag6W8
Goddess of Thunder..
  • #137
  • May 23, 2024 8:55am May 23, 2024 8:55am
Current Rate : 1.27096

After the update to beta v1.4 i now also have long term and mid term analysis supported by Pivot Quantum. The 4 Hour chart posted above shows probable support and resistance areas.

Intraday analysis
Market respected the Daily Resistance 1 : 1.27520 as represented by Pivot Quality .. Lets see if we can get a daily close below Daily S1 : 1.26910

GBP/USD
Attached Image (click to enlarge)
Click to Enlarge Name: PQ_23.05.2024.png Size: 22 KB
Goddess of Thunder..
  • #138
  • May 23, 2024 2:01pm May 23, 2024 2:01pm
Quoting Bella.al
{quote} Moved stoploss to 1.27589 just above B.P risk is now 39 pips.
Update on Position

took +33 pips in 0.15 lots at 1.26852

0.15 lots in hand
Goddess of Thunder..
  • #139
  • May 23, 2024 3:25pm May 23, 2024 3:25pm
Quoting Bella.al
{quote} Posodobitev položaja je dosegla +33 pipov v 0,15 lotu pri 1,26852 0,15 lota v roki
Well done Bella.
  • #140
  • May 23, 2024 4:33pm May 23, 2024 4:33pm
Good Evening,

New Day Started here in Istanbul .. where i happily live with 3 beautiful aunties for the time being. ( like they say , you should appreciate the beauty )
i am 18 years they are not but it works some how..

Back to forex..

The Data as Follows:

  1. Daily Resistance Today at : 1.27165 - so a D1 Close above this level is required to shift back momentum to bulls ..
  2. Pivot Point : 1.27100
  3. Adjusting my Trailing Stop to 1.27370 - Just above Daily R1 : 1.27350

I am starting to work on P.Q beta v1.5 for the weekend , nothing new should come from my end. Will revisit later in the day .

Bella.

Goddess of Thunder..
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