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Cable Update (GBPUSD)

  • #268,701
  • Jan 14, 2011 9:08am Jan 14, 2011 9:08am
Quoting 45Condor
Thanks for the chuckle.
You're most welcome

see you all later - I've had it for this week - 95 pips but I would take 9.5 a week if only it was consistent
  • #268,702
  • Jan 14, 2011 9:43am Jan 14, 2011 9:43am
You guys are funny.... I think Emene's gonna be upset there's no 78.6 related features on the bike.....
  • #268,703
  • Jan 14, 2011 9:46am Jan 14, 2011 9:46am
Quoting Tsar
I saw many Good Programmer in FF, like hanover, Ronald Raygun, Zen Leow and sangmane (our country mate) etc.
Maybe you can try...
Put your REQUEST this Indi (.mq4 file) to Fix it in Platform Tech thread in http://www.forexfactory.com/forumdisplay.php?f=69
I hope they are will Help you, bro.
Thanks Tsar, actually Ctic who have a test project of news trading robot you can see his post. Maybe you can help by connecting him with friends that you referred above.

I see many indis such KG's SR (Kang Gun) widely used here.
How glad I am to know that.
  • #268,704
  • Jan 14, 2011 9:48am Jan 14, 2011 9:48am
Quoting Low
You guys are funny....
Hey, thanks!

Enter Signature
  • #268,705
  • Jan 14, 2011 9:59am Jan 14, 2011 9:59am
hi bro...

happy weekend ....

Quoting gsantri
Thanks Tsar, actually Ctic who have a test project of news trading robot you can see his post. Maybe you can help by connecting him with friends that you referred above.

I see many indis such KG's SR (Kang Gun) widely used here.
How glad I am to know that.
rgds,

ID:
Indonesia Bisa ! gtu loh
not euphoria follower
  • #268,706
  • Jan 14, 2011 10:17am Jan 14, 2011 10:17am
Quoting iqyu5an
hi bro...

happy weekend ....



rgds,

ID:
Indonesia Bisa ! gtu loh
Cheers Bro,

Yesss..!
Happy weekend to you too and your loved ones.

ID:
Merdeka..!!
  • #268,707
  • Jan 14, 2011 10:31am Jan 14, 2011 10:31am
Quoting TauTrader
Good day to you,

Thank you for taking the time to respond.

By no means have I stated that what you post is/was an illusion. This has to be clear. I personally just battle to understand the significance. Price forms the MA's. These moving averages can only "compress" if price consolidates. So - price has to compress first, before the MA's can form your pattern. These MA's can only "release" after price has taken off. They do not cause price to take off.

It is a fact that price will explode/run and then consolidate/rest. Then run. Then rest....
TT

I now recognize that your remarks are more often light hearted in nature and
were neither to inflame or attack but were perhaps an attempt to clarify or
understand. Your point on consolidation of PA vs compression of EMAs is
well understood. I recognize that PA precedes and creates any and all single
movements of MAs. MAs are a reflection of PA which is merely a reflection
of buying and selling which necessarily is a reflection of the mood of the mob.
Nevertheless, all of this has been graded as well by the reflection of distant
relationships of multiple moving averages as once proposed by Daryl Guppy.

I still find MMAs useful.

Dr. D.
  • #268,708
  • Jan 14, 2011 10:32am Jan 14, 2011 10:32am
I have also observed what I consider to be an interesting phenomenon that is ever repeating when buying and selling (price action)
either narrows and consolidates (or separates and diverges) to such degrees where there seems to be a unique display of patterns
reflected in wide arrays of MAs (specifically EMAs). These useful and contrasting patterns are either in compression formations
(tightly gathered EMAs) or in the opposite extreme as the bubble formations (widely separated EMAs). Neither condition is in a natural
or stable energy state. Water brought to a boil is in a high energy state of molecular excitation or agitation; whereas the vapor that soon
rises is similarly unstable whose particles desire to again condense and return to their original state.

Buying and selling is never at a stable state as long as there are two traders left in the marketplace... each wishing to gain a proper
advantage over the other. When they are in complete agreement (one extreme), buying and selling slows and can often stagnate and
this may soon become an anxious state of agitation where the mood again wishes to create market action. When the price becomes
so disconnected and distantly separated buying and selling again slows until neither are in agreement and again, an unnatural unstable
state ensues. And so goes the ever repeating cycle.

In my view, a naked bar or candle chart may certainly reflect the price action of consolidation and breakouts but never with the pin point
clarity that a chart that has moving averages displayed.

In engineering an object’s can be more easily displayed and identified by locating its center of gravity as a single point reflecting its mass.
Clearly the same is true with price action… a term which sometimes evades its very definition. A single point on a chart may be the immediate
price at that moment in time whereas a single point identified as a specific moving average is then the composite reflection of a relative series
of recent price points over time. Take then a series of moving averages and establish certain patterns and you will see in them reflected unique
relationships, moods and behaviors between buyers and sellers in the market. This has been well established by others.

I would also propose that there happens to be certain conditions in the market where MMAs can provide timing signals far in advance to what
a naked price action chart might display. In these instances compression and bubble patterns might more easily reflect impending price action
and therefore actually precede rather than follow as leading indicators rather than lagging. This is just my view.

To all those who fail to recognize this valuable timing tool I’ll leave you in your blissful ignorance.

Dr. D.
  • #268,709
  • Jan 14, 2011 11:33am Jan 14, 2011 11:33am
Being a life-long student of the mechanics of chemistry and physics, I find a harmony in the oscillation of mathematical movement.

I am certainly a Guppy profile trader, and couple the dynamics of PA indication, as dictated by MAs, with the relationship of Fibonacci studies.

I live to search for the relationship between algorithmic motion - automated trading - and psychological levels as perceived by the market - herd mentality.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #268,710
  • Jan 14, 2011 11:42am Jan 14, 2011 11:42am
Always nice to discover a like minded friendly voice
among the thieves and misfits in this asylum. LOL

Dr. D.

Quoting 45Condor
Being a life-long student of the mechanics of chemistry and physics, I find a harmony in the oscillation of mathematical movement.

I am certainly a Guppy profile trader, and couple the dynamics of PA indication, as dictated by MAs, with the relationship of Fibonacci studies.

I live to search for the relationship between algorithmic motion - automated trading - and psychological levels as perceived by the market - herd mentality.
  • #268,711
  • Jan 14, 2011 11:45am Jan 14, 2011 11:45am
...and should it be misunderstood, my comment is in no way a rebuff to TT's questioning of method. I find the gentleman rather affable.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #268,712
  • Jan 14, 2011 11:53am Jan 14, 2011 11:53am
gbp/jpy

todays close is @ 130,5
Maybe a little lower
Monday will continue to 128,3
  • #268,713
  • Jan 14, 2011 11:57am Jan 14, 2011 11:57am
Quoting 45Condor
...and should it be misunderstood, my comment is in no way a rebuff to TT's questioning of method. I find the gentleman rather affable.
Re: TT

And anyone who is light hearted enough to bring
Maxine art into the mix is someone to befriend.

No this is not a method, and God help me from
rebuke if I should label it a system... it's simply
an incomplete timing tool for others to discovery.

Dr. D.
  • #268,714
  • Jan 14, 2011 12:21pm Jan 14, 2011 12:21pm
Hi Guys, need your opinions on the chart below (WEEKLY, left hand side). Not very familiar on chart patterns but if the price goes to 1.60 then would you say there is a potential for a H & S setup?

Both the stochastics and RSI pointing up as well so too scared to short. Staying flat until I see any clear opportunity (apart from the occasional scalp on the 5 minute).

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot002.jpg Size: 340 KB
You've got to be IN IT to WIN IT!
  • #268,715
  • Jan 14, 2011 1:12pm Jan 14, 2011 1:12pm
Quoting fourxtrader
I have also observed what I consider to be an interesting phenomenon that is ever repeating when buying and selling (price action)
either narrows and consolidates (or separates and diverges) to such degrees where there seems to be a unique display of patterns
reflected in wide arrays of MAs (specifically EMAs). These useful and contrasting patterns are either in compression formations
[color=blue][font=Arial][i](tightly...
Gentlemen,

Thank you. I understand where you are coming from. I understand how you apply the tool. Again, accept my apology for the appoach.

It's sincere

All the best to you

Regards
  • #268,716
  • Jan 14, 2011 4:15pm Jan 14, 2011 4:15pm
Quoting fourxtrader
I have also observed what I consider to be an interesting phenomenon that is ever repeating when buying and selling (price action)
either narrows and consolidates (or separates and diverges) to such degrees where there seems to be a unique display of patterns
reflected in wide arrays of MAs (specifically EMAs). These useful and contrasting patterns are either in compression formations
[color=blue][font=Arial][i](tightly...
Thank you for always taking the time to explain your beautiful charts.
As i've said before, i couldnt understand a bl**dy word when i first came into the room...with your help i'm starting to understand why i keep reverting to using emas.
People (fundies,techies, even the person in the street) drive the market...emas are an instant visual of where people have been. Your compression analyses using emas are wonderfully predictive of the point in time that the market sentiment will change.
To my way of thinking i see each of your emas as representative of: several institutions from big to small.. big retailers, medium size etc. ....down to very small.(and fast)... all trying to take a bite untill they realise their cake has all but been swallowed. Then the price goes into consolidation whilst the big guys decide who will show their cards first.The first will be a big institution needing to shift its assets. The sheep follow. The higher emas the bigger the institution . The lower ema's the smaler retailer.
I'm writing this :-
1) to say Thanks Doc.
2) in the hope that someone newbier than me who wants to understand what your beautiful charts say, as i did, will be encouraged to follow.
All systems of divination, like music itself,work through patterns.
  • #268,717
  • Jan 14, 2011 6:50pm Jan 14, 2011 6:50pm
Quoting TauTrader
Gentlemen,

Thank you. I understand where you are coming from. I understand how you apply the tool. Again, accept my apology for the appoach.

It's sincere

All the best to you

Regards
No worries and no apologies required. I expect to provoke
discussion and even the objection of technical chartists with
an outrageous part-time notion that a patterned series of
so-called useless lagging indicators might collectively be used
as a useful signal and dynamic leading indicator that often could
project and predictably precede impeding massive unidirectional
price action (relative to the tf) following a compression pattern.

But then again, who am I to challenge prevailing thought?

Dr. D.
  • #268,718
  • Jan 14, 2011 8:26pm Jan 14, 2011 8:26pm
Quoting kaspopsicle
Thank you for always taking the time to explain your beautiful charts.
As i've said before, i couldnt understand a bl**dy word when i first came into the room...with your help i'm starting to understand why i keep reverting to using emas.
People (fundies,techies, even the person in the street) drive the market...emas are an instant visual of where people have been. Your compression analyses using emas are wonderfully predictive of the point in time that the market sentiment will change.
To my way of thinking i see each of your emas as representative...
Truly amazing words said about understanding market behavior with a precise and simple imagery, delivered in polite and humble. This can only be out from diligent person with a wise heart.

I think all newbie here should feel represented in expressing gratitude to the seniors, for all the good things they have given.

Thank You Kas, you are a light hearted.
  • #268,719
  • Jan 14, 2011 11:26pm Jan 14, 2011 11:26pm
Click here.
  • #268,720
  • Jan 15, 2011 12:46am Jan 15, 2011 12:46am
Quoting vendidad
Click here.
why dont you post and explain here,?
only an analysis, and I'm always wrong, don't follow me,
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