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Chaos

  • #121
  • Nov 15, 2007 2:41am Nov 15, 2007 2:41am
Quoting fxbroker
However, this chart offers a buy first and then sell opportunities.

1. I will resume buy in between 2.0507 and 2.0555 and trade to upper edge
if initial condition favours this option or else
This is currently in play, key levels to watch before
the UK Data are:

2.0600 and 2.0620

If price break upward above 2.0600 fixed stop loss
below this level for 45pips, until after the news. If news
is in favour of GBP, setup your trailing stop as you wish
and ride to target level if possible

Meanwhile be watchful and set stop loss to your entry
anything can still happened.
  • #122
  • Nov 15, 2007 3:25am Nov 15, 2007 3:25am
Indecision dominate market sentiments with initial conditions
which neither favouring sell or buy.

My buy stop loss trigger with little profit
If you are on sell protect your profit until
after the news.

I will still maintain my previous bullish out look
to buy above 2.0507 if UK data is positive and
in favour of GBP or otherwise I will sell below this level
  • #123
  • Nov 15, 2007 4:29am Nov 15, 2007 4:29am
Quoting fxbroker
Indecision dominate market sentiments with initial conditions
which neither favouring sell or buy.

My buy stop loss trigger with little profit
If you are on sell protect your profit until
after the news.

I will still maintain my previous bullish out look
to buy above 2.0507 if UK data is positive and
in favour of GBP or otherwise I will sell below this level
If you have been following me I wish you a good trading day!
I hope you will be able to hit your financial moon today at
2.0296. Don't forget to protect your back and remember
to bank 50pips first before reaching the moon.

Anything can happen along the way. For me I have
completed today's goal of 100pips.

Back to my friends question:
Quoting isto
Hello fxbroker


A question: How do you calculate chaos direction?

My considerations:

and

This is what Chaos theory sais.

So any action(s) based on the past [price move] attempting to predict future [in price] has 50-50 chance to be correct.

Anything else is speculation...

For me, would be interesting to see your point fo view...
Let us assumed we have 50% reasons why our prediction
might go wrong. And we focus our energy on studying and
identifying those factors in order to avoid them.

We can say we have predicted the market correctly

In Henri Poincaré own words 100 years ago:

1.“If we knew exactly the laws of nature and the situation of the universe
at the initial moment we could predict exactly the situation of that same
universe at a succeeding moment.”

 2.“but even if it were the case that the natural laws had no longer any
secret for us, we could still only know the initial situation approximately.
If that enabled us to predict the succeeding situation with the same
approximation, that is all we require,”

 3.“and we should say that the phenomenon had been predicted, that it is
governed by laws.”

Philosophically, it now depends on whether prediction should always be to hit a target or it should also be avoiding ruins. If I can predict where to avoid ruins, where to make profit will chips!

The chart which is our laboratory (not the real world) and provide us
with the means to do that - speculate the actions of the main
players and where to avoid ruins and where to gain or
approximate profits - even if it is not the full 100% profits.

So isto what do you think......I will also like to hear
your comments about my views above, I am still learning too.
  • #124
  • Nov 15, 2007 4:57am Nov 15, 2007 4:57am
Here is today god trade.
  • #125
  • Nov 15, 2007 5:22am Nov 15, 2007 5:22am
Quoting fxbroker
...your comments about my views above, I am still learning too.
This is why duscussions are so useful, aren't they? They reveal other point of views which we, digging into our observations, miss to see...

Quoting fxbroker
The chart which is our laboratory (not the real world) and provide us
with the means to do that - speculate the actions of the main
players and where to avoid ruins and where to gain or
approximate profits - even if it is not the full 100% profits.
I strongly believe that trade is point of view (state of mood or whatever else), i.e. it is subjective - something like one side coin.

This is why it is so hard to predict anything in the market - because all reactions, even the biggest players, are led by their understanding, believes and view point about the market.

This subjectivism makes the chaos.

In practice whatever decisions you take, unless they are confirmed by the price move, they are stil only guesses.

There are so many factors exerting influence on the current price in each tick that it is impossible (laying on my knowledge) to calculate anything because until you're calculating conditions (initial state) are changing and you're again step behind.

Of course there is general tendency (trend - up, down or side) that could be catched. But the chaos inside this general move produce some unpredictable move that might cause heavy losses if trader does not have some rules to follow.
  • #126
  • Nov 15, 2007 6:17am Nov 15, 2007 6:17am
Quoting Begbie
My friend who introduced me to this method knows people who have taken the home course and they have been impressed with it. He also mentioned that taking their in house training is also very good.

I understand they have revamped the course to focus more on the new book, Trading Chaos 2.
thanks bro..

think 2 get one...but the price is still high...hope end of next year i will get it..heheh hopefully...

thanks again bro
  • #127
  • Nov 15, 2007 6:46am Nov 15, 2007 6:46am
Quoting nicedevil
thanks bro..

think 2 get one...but the price is still high...hope end of next year i will get it..heheh hopefully...

thanks again bro
Unless you are looking for absolute free stuff that will be making you +50 pips everyday, you may contact me for if you are looking for affordable mentorship programme. If you follow this thread live, you would have made +50pips if not 100pips by now.
  • #128
  • Nov 15, 2007 7:13am Nov 15, 2007 7:13am
Market awaiting a bag full US fundamentals.
I have no clue how to interpret them, however, here is
a clue if you are still on sell trade.

Protect your trade above 2.0494 still targeting lower edge
if all the combine data are positive for US economy.

If not expect anything to happen, the worse is
that target will not be reached and your trade
stopped at 2.0494
  • #129
  • Nov 15, 2007 7:17am Nov 15, 2007 7:17am
Quoting nicedevil
thanks bro..

think 2 get one...but the price is still high...hope end of next year i will get it..heheh hopefully...

thanks again bro
Hi nicedevil

I have read that the in housetraining is done primarily by Justine Williams and although it is good quality training, essentially nothing new is taught that cannot be learnt from reading the three books authored by Bill Williams. The same has been said about the homestudy course.

I trade Bill Williams chaos theory as set out in all three books of his and have taken 389 pips today using his method.

I would therefore humbly suggest that you get hold of Williams books and study them, rather than save up for the homestudy course.
Hope isn't a viable investment vehicle.
  • #130
  • Nov 15, 2007 7:33am Nov 15, 2007 7:33am
Quoting DutchAngel
Hi nicedevil

I trade Bill Williams chaos theory as set out in all three books of his and have taken 389 pips today using his method.
One question?

Did you make them from one or multiple currencies
1 lot or multiple lots?

If you don't mind sharing
  • #131
  • Nov 15, 2007 7:57am Nov 15, 2007 7:57am
Quoting DutchAngel
Hi nicedevil

I have read that the in housetraining is done primarily by Justine Williams and although it is good quality training, essentially nothing new is taught that cannot be learnt from reading the three books authored by Bill Williams. The same has been said about the homestudy course.

I trade Bill Williams chaos theory as set out in all three books of his and have taken 389 pips today using his method.

I would therefore humbly suggest that you get hold of Williams books and study them, rather than save up for the homestudy course.
thanks a millions ANGEL for helping this devil..

i just bought the chaos book today ...i will follow your advise...read..read..read that book....

hope you can guide me if there are something that i don't understand ..

thanks ANGEL
  • #132
  • Nov 15, 2007 8:13am Nov 15, 2007 8:13am
Quoting fxbroker
Unless you are looking for absolute free stuff that will be making you +50 pips everyday, you may contact me for if you are looking for affordable mentorship programme. If you follow this thread live, you would have made +50pips if not 100pips by now.

thanks fxbroker...
  • #133
  • Nov 15, 2007 8:22am Nov 15, 2007 8:22am
Quoting nicedevil
thanks fxbroker...
Thank you too. You are the first to thank me in this forum.
I think you took absolutely the right step to buy and study
the method first before seeking for help.

I am sure people are here to help you with the methods.
  • #134
  • Nov 15, 2007 8:40am Nov 15, 2007 8:40am
Quoting fxbroker
One question?

Did you make them from one or multiple currencies
1 lot or multiple lots?

If you don't mind sharing
FxBroker

I said that I trade chaos as defined by Bill Williams. That would answer your question on multiple lots as he advocates entering market initially with low entry level of say 1 contract and then reverse pyramiding the deal with 5, then 4 then 3 contracts.

I traded 2 currencies this morning.

Hope this answers your questions.
Hope isn't a viable investment vehicle.
  • #135
  • Nov 15, 2007 8:47am Nov 15, 2007 8:47am
Quoting nicedevil
thanks a millions ANGEL for helping this devil..

i just bought the chaos book today ...i will follow your advise...read..read..read that book....

hope you can guide me if there are something that i don't understand ..

thanks ANGEL
No problem devil. Glad to be able to help. However, I must point out that Isto is our expert on trading profitunity as Bill Williams coined the phrase.

good luck with the reading
Hope isn't a viable investment vehicle.
  • #136
  • Nov 15, 2007 8:48am Nov 15, 2007 8:48am
Quoting nicedevil
thanks a millions ANGEL for helping this devil..

i just bought the chaos book today ...i will follow your advise...read..read..read that book....

hope you can guide me if there are something that i don't understand ..

thanks ANGEL

I think I'm in a similar boat with regard to the course. I would like to buy it hoping it explains some of the theory from the books a little better, as I don't want to misinterpret something from the books. That's my confidence issue, don't want to get it wrong. The downside is that it is very expensive right now. In the meantime I plan to practice and see what I can learn on my own. If I can start becoming profitable with this method, then I will take the course to focus the skills that I have learned on my own. I'm having trouble understanding balance lines from the 2nd book, and I'm just starting to read the first book.

This thread has been very helpful and I enjoy everyone's insight. Hearing about the success of others, proves that Bill Williams methods can be very profitable.
  • #137
  • Nov 15, 2007 8:59am Nov 15, 2007 8:59am
Quoting DutchAngel
FxBroker

I said that I trade chaos as defined by Bill Williams. That would answer your question on multiple lots as he advocates entering market initially with low entry level of say 1 contract and then reverse pyramiding the deal with 5, then 4 then 3 contracts.

I traded 2 currencies this morning.

Hope this answers your questions.
I not doubting your results, I have not read Bill Williams book
or traded his method before, so I would not know what he advocate
that is why I am asking you.

I am only marvel at your results if it were to be 1 lot and 1 currency.
Which is maybe possible too! Anything is possible with chaos depending
on how prepared when is ready to take risk
  • #138
  • Nov 15, 2007 9:09am Nov 15, 2007 9:09am
Quoting fxbroker
Thank you too. You are the first to thank me in this forum.
I think you took absolutely the right step to buy and study
the method first before seeking for help.

I am sure people are here to help you with the methods.
i am really glad to enter this thread.... u all so kind to help newbies like me..i hope i will learn a lot good things in forex trading as well as a learn a good attitude from you all here..
Thanks Again fxbroker ..and to all of you..
  • #139
  • Nov 15, 2007 10:10am Nov 15, 2007 10:10am
nicedevil, I think you are up to the task> Nothing beat reading and
discovering new knowledge yourself!

Back to my trade
Trade is stalked so far maybe market is waiting for
news at 18 hr: GMT
1. Fractal patterns are re-positioning themselves at
lower time frames which are showing bullish tendencies.

2. From 15mins is bearish thus far, but might be influenced

Stop loss back to above 2.0507. If upcoming news is bad
for US economy market may turn upward from here. The day
is almost gone for London market. So we still
look down to lower edge of chaos. Until after the news is out!
  • #140
  • Nov 15, 2007 11:15am Nov 15, 2007 11:15am
This news shows strong positive index for US economy, it should
favour the agenda to sell to lower edge of chaos.

When this will take place I cannot tell from here.
Maybe by US closing bells.

If price does not get to the predicted levels today,there is
nothing to regret, since we know it is not because of fundamental
news. We cannot say we have not tried to predict the market
accurately. This is what chaos is all about.
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