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ICCE. Bemac's Fib. Reverse Engineered

  • #801
  • Aug 26, 2009 7:09am Aug 26, 2009 7:09am
Quoting Bemac
............
In the last few months I have taken the biggest Trading hit I have experienced over the last 30 years.
I have also {in that same few months} dealt with mortality.
TODAY; We got the perfect Response from the Big 'C' Experts that my Mum in Law is now Totally clean....
wow, that's GREAT news Sir. now, u should spend more time with her.
& have her on 80-95% fruits & veggies.
I'm a health freak so if u want further info/suggestions/advice,
let me know.


Quoting cobraforex
....
Sorry for my actual absence but I'm creating a small bank with some friends in Ecuador (nothing to do with FX) and that takes a lot of my spare time.
can foreigners invest/deposit in your bank?
I believe it will be well-managed
  • #802
  • Aug 26, 2009 9:49am Aug 26, 2009 9:49am
Quoting MissPips
Okay, I have to share something I've noticed about the ICCE, even if the rest of you think I'm crazy.

This is how I've been using it:
When I see the Rainbow spine compressed, or PA oscillating above and below it by a few pips, I create an ICCE box there. (The three times I've had what I'm going to describe next happen, it PA was indeed oscillating around a 50 percent fib on one of the higher timeframes.)

Now, this is how I created the box. I knew where the start on the left hand side was, and where the high and low of the box were based on...
Similar scenario...

http://www.forexfactory.com/showpost...&postcount=537
  • #803
  • Aug 26, 2009 12:55pm Aug 26, 2009 12:55pm
Quoting MissPips
Okay, I have to share something I've noticed about the ICCE, even if the rest of you think I'm crazy.

This is how I've been using it:
When I see the Rainbow spine compressed, or PA oscillating above and below it by a few pips, I create an ICCE box there. (The three times I've had what I'm going to describe next happen, it PA was indeed oscillating around a 50 percent fib on one of the higher timeframes.)

Now, this is how I created the box. I knew where the start on the left hand side was, and where the high and low of the box were based on...
some visual would help ;-) can you post charts ?
  • #804
  • Aug 26, 2009 1:18pm Aug 26, 2009 1:18pm
Not at this point SC, I think the new institution needs to learn to alocate credits in a smaller scale before working with bigger, international capital.

By law it can be made but I would give my vote in a members meeting to wait at least one or maybe two years to be able to present official (it's controlled by the goverment) results of the management.

I didn't post it to wake up interest, only to explain why I'm less here than before.

Anyhow, that's off topic, sorry Bill.

Quoting supremeChaos
can foreigners invest/deposit in your bank?
I believe it will be well-managed
  • #805
  • Aug 26, 2009 2:07pm Aug 26, 2009 2:07pm
Quoting cobraforex
...

I didn't post it to wake up interest, only to explain why I'm less here than before.

Anyhow, that's off topic, sorry Bill.
Not a problem Cob. I'm sure more than just SC & I found it interesting and would appreciate an occasional Update.

  • #806
  • Aug 26, 2009 3:30pm Aug 26, 2009 3:30pm
Thanks, I didn't notice that in that post.
So I'm not crazy...... unless you are too



Quoting Bemac
Similar scenario...

http://www.forexfactory.com/showpost...&postcount=537
  • #807
  • Aug 26, 2009 3:31pm Aug 26, 2009 3:31pm
Bemac posted a link to one above.

I will try to catch one in action the next time I see one.

Quoting ForexTrader1
some visual would help ;-) can you post charts ?
  • #808
  • Aug 26, 2009 3:40pm Aug 26, 2009 3:40pm
Quoting MissPips
Thanks, I didn't notice that in that post.
So I'm not crazy...... unless you are too
Niether of us are Crazy. Unless you call, willingly, stepping into this Blender 'Crazy'.

"Hubble's ICCE"
  • #809
  • Aug 26, 2009 8:57pm Aug 26, 2009 8:57pm
Quoting MissPips
Bemac posted a link to one above.

I will try to catch one in action the next time I see one.
Hi Miss Pips. I hope you realize that You are one of the Major Reasons that this ICCE thingy has gained some legs.

I'd be interested to see how your method sees this one...
Attached Image (click to enlarge)
Click to Enlarge Name: bmc usdcad 15min 2.gif Size: 53 KB
  • #810
  • Aug 26, 2009 10:08pm Aug 26, 2009 10:08pm
68 x 1Min bars later...
it looks like this...
Attached Image (click to enlarge)
Click to Enlarge Name: bmc usdcad 1min 1 projected.gif Size: 46 KB

Pay attention! Check the Entire Image.

What do you see?
  • #811
  • Aug 27, 2009 12:21am Aug 27, 2009 12:21am
Well, it's not really a method yet. I've just been playing with the ICCE on the 1 m chart, and noticed that every time that 3 conditions were met

1) I was able to fit the box to the PA so that the recent PA followed the diagonal lines really well
and

2) The conjestion area really was around a 50% fib on some other chart
and

3) In order to make the fit the right hand side of the box had to be in the future

Then amazingly, at the (future) time suggested by the right hand side of the box, that was when the breakout occurred.

That's happened three times so far. When the conjestion has been around some other fib level or it has been around a 50% fib but I haven't been able to really fit the diagonal lines to the PA in a really clear cut manner it hasn't worked.

I don't know if it would work on other tfs, 1 minute is all I every deal with. (Challenging enough for me trying to figure out where PA is most likely to be 5 or 10 minutes from now without trying to see any further into the future.)

Quoting Bemac
Hi Miss Pips. I hope you realize that You are one of the Major Reasons that this ICCE thingy has gained some legs.

I'd be interested to see how your method sees this one...
Attachment
  • #812
  • Aug 27, 2009 8:52am Aug 27, 2009 8:52am
Quoting Bemac
68 x 1Min bars later...
it looks like this...
And then this...
Attached Image (click to enlarge)
Click to Enlarge Name: bmc usdcad 1min 2 projected.gif Size: 56 KB
  • #813
  • Aug 27, 2009 10:41am Aug 27, 2009 10:41am
Wow !!!

That I call prediction with perfect timing

Now, how you knew this when you draw the middle V-line?

Quoting Bemac
And then this...
  • #814
  • Aug 27, 2009 11:13am Aug 27, 2009 11:13am
Quoting cobraforex
Wow !!!

That I call prediction with perfect timing

Now, how you knew this when you draw the middle V-line?
See Post #809.
The Channel had already begun to show it's "Top" & "Bot". We also knew where the "LS" was located.
So it was just a matter of finding the "RS"

With just a little trial & error on placing the "RS" I looked for the Diagonals to 'make sense' in the history of the chart.

hth. BMc
  • #815
  • Aug 27, 2009 1:06pm Aug 27, 2009 1:06pm
Sir.,
what is LS and RS ?

Also, words "make sense" - Have You some rules for lines, what makes sense more or less to validate lines ?

Thank You.

Best,
Tom

Quoting Bemac
See Post #809.
The Channel had already begun to show it's "Top" & "Bot". We also knew where the "LS" was located.
So it was just a matter of finding the "RS"

With just a little trial & error on placing the "RS" I looked for the Diagonals to 'make sense' in the history of the chart.

hth. BMc
  • #816
  • Edited 3:36pm Aug 27, 2009 3:22pm | Edited 3:36pm
Yes! That's exactly what I was describing about what happened three times when I was playing around on the one minute chart.

To Cobra, when it worked on my charts, I had drawn the box so that it 'looked right' in terms of how the diagonal lines and fibs contained the existing PA, but in order to do it I had to have the right hand side be in the future. Then I said to myself, well, that implies that the breakout will occur where the right hand side is in the future. So I checked back later, and that's exactly what happened!

Quoting Bemac
And then this...Attachment
  • #817
  • Aug 27, 2009 4:07pm Aug 27, 2009 4:07pm
This is really amazing, I have to draw more ICCE charts in 1M.

Quoting MissPips
Yes! That's exactly what I was describing about what happened three times when I was playing around on the one minute chart.

To Cobra, when it worked on my charts, I had drawn the box so that it 'looked right' in terms of how the diagonal lines and fibs contained the existing PA, but in order to do it I had to have the right hand side be in the future. Then I said to myself, well, that implies that the breakout will occur where the right hand side is in the future. So I checked back later, and that's exactly what happened!
  • #818
  • Aug 27, 2009 4:18pm Aug 27, 2009 4:18pm
Quoting tfflyer
Sir.,
what is LS and RS ?

Also, words "make sense" - Have You some rules for lines, what makes sense more or less to validate lines ?

Thank You.

Best,
Tom
Hey Tom;
LS & RS are Inputs on the ICCE Indicator. (thats not quite correct. They are 'Objects'. Edit them till your heart's content)
LS represents the Left Side Vertical Line containing the box.
Guess what RS represents...

{Everyone... Pleases Understand... This is Not A System... It's a Snitch.(nah nah na boo boo.. I know what you're doin'). Marry it with your method & try it for a week or two.}
  • #819
  • Aug 28, 2009 12:44am Aug 28, 2009 12:44am
Yeah, until Bemac confirmed it I thought I must have been looking at charts so long that I'd started hallucinating.

Quoting cobraforex
This is really amazing, I have to draw more ICCE charts in 1M.
  • #820
  • Aug 28, 2009 11:04am Aug 28, 2009 11:04am
Hello,

this box worked very well for me, now is time for new one......

Any suggestion for next box?


have a nice trading day and great weekend.......
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm1icce.gif Size: 33 KB
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