Your finger has an extra finger? What about your hand?
Joo got some crazy digits, mang!
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
Disliked150%, its not an exact science, but many times, a large bar, which might denote a change in sentiment, or some FA, resinates forward, until you get another..Ignored
DislikedI like it.
2706 is the previous leg's Daily swing high close. 2877 is 150% of the whole move (swing low/high close).Ignored
DislikedReally digging those.
Need to write that bloody script, too...for the hit rates.Ignored
DislikedYea, me too. I have been using them more and more. I'm not quite sure about the reasoning behind them. But when I was on the floor, the most important price of the day, was the close. Maybe perhaps because your equity was marked to the close. Another thing is this. By using the close to high or low, whichever is furthest, I get the feeling that you measure the true accomplishment of the bulls or bears that day.Ignored
DislikedYeah...I like the reasoning behind it. It certainly seems to be a useful metric.
Have you tried them off London closes, too? I've been dropping a line on the London close everyday recently, and by gawd, do those levels get played over and over again. Maybe I'll start tracking that alongside yours to see how it works out.Ignored
Dislikedbtw, I've been charting/trading them on the GBP/AUD/JPY also..with decent hits on alll of themIgnored
Dislikedbtw, if your gonna run a London set, be sure to run a two days back set..my findings show that the numbers from two days ago are also of some value..Ignored