100% Price prediction Journal | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

JB's 100 Pips per trade Journal 23 replies

Rav's Journal--100 pips a month 6 replies

Attachments: 100% Price prediction Journal
Exit Attachments

100% Price prediction Journal

  • #1
  • First Post: Jun 14, 2010 3:06am Jun 14, 2010 3:06am
Greetings everyone,

I have found a system which allows me to predict where price will reach in certain market conditions. This system works on any pair when my conditions are met. I have decided to post my predictions in a thread to keep track and monitor my trading advancement. Please do not folow my calls as this system can produce a large draw down before hitting the desired price, also, time to take profit can sometimes be 2-3 weeks...

Please do not ask how i predict... this is a system I have spent months refining and testing to produce the predictions you will see here.

First predction:
Eur/Cad ... right now sits at 1.2570... Price target is 1.28 within 1-2 weeks. Lets see if i can get my 230 pips

More to come as soon as predictions can be made.
  • #2
  • Jun 14, 2010 3:14am Jun 14, 2010 3:14am
Forgot to mention.. i do not use Stop loss in my trades...
Largest trades I take are 2-3 mini lots so I can cope with the drawdown..

2nd prediction... should be quite quick- today/tmw Eur/Usd will reach 2130... right now at 2170... taking short for 40 pips..

will update when closing in profit
  • #3
  • Jun 14, 2010 3:14am Jun 14, 2010 3:14am
you've posted in the wrong section of the forum, you should have posted under "rookie discussion" or the "journal section" or the "commercial section" if you're trying to sell something
  • #4
  • Jun 14, 2010 3:15am Jun 14, 2010 3:15am
Isn't it some kind of a journal rather then system?
  • #5
  • Jun 14, 2010 3:17am Jun 14, 2010 3:17am
You guys are right...
Can I move the thread to trading Journals somehow? or do I have to post again from the beginning?
  • #6
  • Jun 14, 2010 3:33am Jun 14, 2010 3:33am
This is not the way to trade, if you can predict price levels then, you should also be able to predict entry levels. Trading with no stop WILL lose your account every time, I guarentee it. Even using small lots, there will be a point when price goes so far you cannot bare to take the loss. Cue "head in the sand". I would not advise anyone to follow any system that does not use stops.

Mike
  • #7
  • Jun 15, 2010 6:34am Jun 15, 2010 6:34am
Quoting PIP Lover
Forgot to mention.. i do not use Stop loss in my trades...
Largest trades I take are 2-3 mini lots so I can cope with the drawdown..

2nd prediction... should be quite quick- today/tmw Eur/Usd will reach 2130... right now at 2170... taking short for 40 pips..

will update when closing in profit

Well, i thought this would happen quicker but euro still has some steam left... taking another short here at 2265... averaged entry now is now 2217.5... tp still at 2130...
  • #8
  • Jun 16, 2010 2:08am Jun 16, 2010 2:08am
Euro/usd might climb some more but i see the upmove is close to exhaustion... I am building a short position so adding more for the last time here at 2340...
I am now short 2170, 2265 and 2340.
Averaged short at 2258.
  • #9
  • Jun 16, 2010 6:54am Jun 16, 2010 6:54am
I don't wish to make negative comments but you are not predicting price levels. You are trading with no stops, and adding as the position goes against you.

Price prediction is predicting a zone where price will turn within a small margin of error. Say 50 pips or so. I have attached a graph for you to have a look at. I predicted a bounce in the eurchf in august on the 28th, price levels were, 1.511350- 1.51269, price hit 1.51238, then rallied 744 points. The market went 22 pips below the lower level. Thats predicting my friend. I do also use stops as I know my risk, and that as a trader is what you need to always be aware of, for 2 reasons, firstly I can trade more dollars per point maximising my capital while controlling my risk. Secondly, unlimited risk means you can lose everything. Not a way to go.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 26 KB
Click to Enlarge Name: eurchf reaction.gif Size: 22 KB
  • #10
  • Jun 16, 2010 7:30am Jun 16, 2010 7:30am
Attached is a trade I am in at the moment, shorting the AUDUSD at the top hopefully. If we get a break down from here my target is way below, in fact a fall from here would have me looking for a low lower than the previous low made in fact about 0.7700 would be my target. I have marked the time periods on the chart for when I expect the low to be in.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd weekly levels.gif Size: 20 KB
  • #11
  • Jun 16, 2010 7:05pm Jun 16, 2010 7:05pm
Quoting fxsignal
Price prediction is predicting a zone where price will turn within a small margin of error. Say 50 pips or so. I have attached a graph for you to have a look at. I predicted a bounce in the eurchf in august on the 28th, price levels were, 1.511350- 1.51269, price hit 1.51238, then rallied 744 points. The market went 22 pips below the lower level. Thats predicting my friend. I do also use stops as I know my risk, and that as a trader is what you need to always be aware of, for 2 reasons, firstly I can trade more dollars per point maximising my capital...
Hi,

I agree, price prediction is possible, and also a stop loss will help to minimize loses in case prediction goes wrong.

Regards
  • #12
  • Jun 16, 2010 10:39pm Jun 16, 2010 10:39pm
I'm also doing price prediction experiments,

The next image is an intraday successful prediction EURUSD, the red line represent predicted values and the blue line actual values, the prediction is based on past history data, in other words Price has memory (B. Mandelbrot)..

There are 150 future ticks prediction in the image.

http://img821.imageshack.us/img821/8351/prediction.png


Another successful example predicting the next 60 ticks..

http://img821.imageshack.us/img821/4891/prediction2.png


Regards
  • #13
  • Jun 17, 2010 2:28am Jun 17, 2010 2:28am
Have you ever looked at larger time frames? It looks to me like you are catching the intraday trading robots at work. Very nice if you can trade with zero spread.

Price and market moves on almost a predictible basis, certainly turns can be predicted in time, and zones of high probability defined. PM me, I can possibly save you a lot of work.


Mike
  • #14
  • Jun 17, 2010 9:37am Jun 17, 2010 9:37am
Quoting PIP Lover
Greetings everyone,


First predction:
Eur/Cad ... right now sits at 1.2570... Price target is 1.28 within 1-2 weeks. Lets see if i can get my 230 pips

More to come as soon as predictions can be made.

Closed at 1.2765 for 195 pips . Didnt want to wait for 1.28
  • #15
  • Jun 17, 2010 9:41am Jun 17, 2010 9:41am
Quoting PIP Lover
Euro/usd might climb some more but i see the upmove is close to exhaustion... I am building a short position so adding more for the last time here at 2340...
I am now short 2170, 2265 and 2340.
Averaged short at 2258.

Well I said i wouldnt add more but I am sure this thing will go down to at least 1.22, just taking its time. So added for the last time at 1.24.
Now averaged short @ 2293. Lets See how this goes. I doubt it will go up past 1.25.
  • #16
  • Jun 17, 2010 9:46am Jun 17, 2010 9:46am
Should get back up to at least 1.1250.
Starting to build a small long position @ 1.1100.
This thing has potential to go down more ... even reach 1.09 so I will add more if the downmove continues.

See how this works out
  • #17
  • Jun 17, 2010 10:26am Jun 17, 2010 10:26am
This pair is a wild mover... Gone in short at 1.7150.
TP at 1.68 for 350 pips. Should take 1-2 weeks. No SL as usual.
Good luck to me.
  • #18
  • Jun 18, 2010 7:24pm Jun 18, 2010 7:24pm
Quoting fxsignal
Have you ever looked at larger time frames? It looks to me like you are catching the intraday trading robots at work. Very nice if you can trade with zero spread.

Price and market moves on almost a predictible basis, certainly turns can be predicted in time, and zones of high probability defined. PM me, I can possibly save you a lot of work.


Mike
Hi fxsignal,

Unfortunately there are many people in finance that don't believe in price prediction, they say each tick is a 50% chance (history doesn't matter), in other words impossible to predict..

In my intraday experiments price sometimes could be successfully predicted up to 200+ ticks, in the next image a Range GBPUSD

http://img294.imageshack.us/img294/2362/prediction3.png


What do you mean by zero spread trade?


Regards
  • #19
  • Jun 20, 2010 3:30pm Jun 20, 2010 3:30pm
Quoting PIP Lover
This pair is a wild mover... Gone in short at 1.7150.
TP at 1.68 for 350 pips. Should take 1-2 weeks. No SL as usual.
Good luck to me.

Closing here at 1.6844 +306 pips ...
Happened much quicker than anticipated but I'm not complaining
Closed in the interbank trade before the market even opened. I dont care if it goes down 50 pips more... I want my money as I am in big drawdown in my eur/usd trade .
  • #20
  • Jun 20, 2010 3:54pm Jun 20, 2010 3:54pm
My thread used to be in the trading journals section...
And now all of a sudden it has moved to rookie discussion section...
Does anyone now what could have caused this and how I can move it back to the trading journals section?
Help is appreciated.
Thanks
0 traders viewing now