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  • #661
  • Jun 21, 2013 1:49am Jun 21, 2013 1:49am
yes, scalping
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  • #662
  • Jun 21, 2013 6:21am Jun 21, 2013 6:21am
emiliand, i could not send pic with PM, so here it is
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  • #663
  • Edited 6:39pm Jun 21, 2013 9:04am | Edited 6:39pm
You can take any oscillator you would like to make it look similar. What you need need to be aware of is what values you are calculating with the oscillator, why are you calculating them, and what the end results are. An oscillator is different points of reference to a mean based on the oscillators parameters.

What you are seeing in CP's charts are, in my opinion, an oscillation from the mean in tick price. They could be grouped in a basket of tick prices rather than what one would typically show as a basket of time based on the time period values of the chart. For example, you may have one parameter set up to show the tick deviation for 30 ticks, 50 ticks, 100 ticks, etc.. instead of 'x' bars on say a 5 min chart.

Deviations from the mean.
  • #664
  • Jun 21, 2013 9:24am Jun 21, 2013 9:24am
Great article about techniques to achieve a batter life. I think reading this I can use some of the things here to make my trading better. After all from all the experience I have, I know that the habits are the most important thing in trading. You may think you know everything trading and analysis , but if you do not control your mind.. well you are doomed. Great mind power techniques (http://www.smartwhat.com/mind-power-techniques/) are good instrument to better trading. Well this is my opinion.
  • #665
  • Jun 21, 2013 9:39am Jun 21, 2013 9:39am
Quoting TantumVerum
You can take any oscillator you would like to make it look like similar. What you need need to be aware of is what values you are calculating with the oscillator, why are you calculating them, and what the end results are. An oscillator is different points of reference to a mean based on the oscillators parameters. What you are seeing in CP's charts are, in my opinion, and oscillation from the mean in tick price. They could be grouped in a basket of tick prices rather than what one would typically show as a basket of time based on the time period...
Interesting perspective. Very much agree with you on this. Its common sense no matter what settings anyone uses on an ma or osci it is nothing but a mean and deviations from such mean. Glad you said it here.
  • #666
  • Jun 21, 2013 11:56am Jun 21, 2013 11:56am
Quoting TantumVerum
You can take any oscillator you would like to make it look like similar. What you need need to be aware of is what values you are calculating with the oscillator, why are you calculating them, and what the end results are. An oscillator is different points of reference to a mean based on the oscillators parameters. What you are seeing in CP's charts are, in my opinion, and oscillation from the mean in tick price. They could be grouped in a basket of tick prices rather than what one would typically show as a basket of time based on the time period...
Bolinger bands from average of ticks interesting....
  • #667
  • Jun 22, 2013 8:23am Jun 22, 2013 8:23am
CP gave us info about indicators he uses here: http://www.forexfactory.com/showthread.php?t=233214

CP:"I only use 3 indicators: Moving Average Envelope, True Strength Index and (I won’t disclose)"

So any idea how to use MA Envelope?
  • #668
  • Jun 22, 2013 10:25am Jun 22, 2013 10:25am
sometimes different indicators, but who cares

http://www.forexfactory.com/showthread.php?p=6459097#post6459097
  • #669
  • Jun 22, 2013 1:18pm Jun 22, 2013 1:18pm
Quoting ataata
CP gave us info about indicators he uses here: http://www.forexfactory.com/showthread.php?t=233214 CP:"I only use 3 indicators: Moving Average Envelope, True Strength Index and (I won’t disclose)" So any idea how to use MA Envelope?
CPI has mentioned envelopes here.

http://www.forexfactory.com/showthread.php?p=3726881#post3726881
Envelopes can be used as your trend direction indi (buy sell hemisphere). Can provide you precise stop levels as well.

Most important is influx (momentum). Please think abrupt momentum measured by a leading indicator right on its onset. It should be detected at the very moment it starts. Not on 5m, 15m or higher time frames as we might be too late. May be at one minute chart but more precisely on tick chart. (Hint) And don't use your oscillators in conventional way as overbought for sell and oversold for buy. Just opposite. Beside TSI (as used by CP) you can use Stochastic, WPR, etc. Just my observations based on CP's thought provoking insights.
  • #670
  • Jun 23, 2013 12:02am Jun 23, 2013 12:02am
hnk i agree with you when on tick charts price oscilator come to (oversold, overbought) we could evaluate this differently as on larger TF. Your comment could be additional puzzle in profitable trading on lower TF. thx.
  • #671
  • Jun 24, 2013 4:46pm Jun 24, 2013 4:46pm
A friend of mine once told me that the answer had been there all the time right under my nose only I couldn't see it. He was right of course. And that's why I like the movie Matrix so much, particularly the scene where Neo realizes he was the One and starts to see things (price) with a new perspective, very clearly, almost boring.

What does Pi have to do with trading? We tend to forget the initial question...
Best time to plant a tree was 20 years ago, second best is now
  • #672
  • Jun 25, 2013 7:00am Jun 25, 2013 7:00am
Quoting horuxito
A friend of mine once told me that the answer had been there all the time right under my nose only I couldn't see it. He was right of course. And that's why I like the movie Matrix so much, particularly the scene where Neo realizes he was the One and starts to see things (price) with a new perspective, very clearly, almost boring. What does Pi have to do with trading? We tend to forget the initial question...

And Horuxito is right....after someone will point you in the right direction and show you the wonderland, only then, you will start to see things in a new perspective.... until then, I'm betting everybody is staring at those 1M charts like crazy, trying to see the falling numbers
  • #673
  • Jun 25, 2013 9:21am Jun 25, 2013 9:21am
Quoting horuxito
A friend of mine once told me that the answer had been there all the time right under my nose only I couldn't see it. He was right of course. And that's why I like the movie Matrix so much, particularly the scene where Neo realizes he was the One and starts to see things (price) with a new perspective, very clearly, almost boring. What does Pi have to do with trading? We tend to forget the initial question...

Maybe the answer is so simple like: " Pi is the proof of perfect cycle" and so is market...
  • #674
  • Jun 25, 2013 10:02am Jun 25, 2013 10:02am
Quoting ataata
{quote} Maybe the answer is so simple like: " Pi is the proof of perfect cycle" and so is market...
One explanation is the "geometrical" one. I figured this a while a go. It fits in the crowd behavior point of view. When the price starts to curve one way or the other and the crowd follows, the price will go "ballistic" and the pace increases to exponential speed until it suddenly stops. This curve (part of a circle) looks pretty much the same on each timeframe as Pi is a constant related to the surroundings of a circle on whatever size.......and this phenomenon relates to trends.....
  • #675
  • Jun 25, 2013 10:51am Jun 25, 2013 10:51am
Quoting Whistlepips
{quote} One explanation is the "geometrical" one. I figured this a while a go. It fits in the crowd behavior point of view. When the price starts to curve one way or the other and the crowd follows, the price will go "ballistic" and the pace increases to exponential speed until it suddenly stops. This curve (part of a circle) looks pretty much the same on each timeframe as Pi is a constant related to the surroundings of a circle on whatever size.......and this phenomenon relates to trends.....
Observation is key. Great you notice those things...

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I remember the first time I saw that image. I don't remember what the question was but there was the word "solve". Of course, my mind immediately thought about maths and I struggled a lot trying to "solve" those damn exercises. I couldn't, it was impossible. Right when I gave up a thought came into my mind: "those are not math problems, they are just images, they are something you know", and wow, it was brilliant how the answer showed up in two seconds.

Bottom line: it's not about finding the smartest answer or a complex formula. We just have to ask ourselves the right question.
Best time to plant a tree was 20 years ago, second best is now
  • #676
  • Jun 25, 2013 11:10am Jun 25, 2013 11:10am
Quoting horuxito
{quote} Observation is key. Great you notice those things... {image} I remember the first time I saw that image. I don't remember what the question was but there was the word "solve". Of course, my mind immediately thought about maths and I struggled a lot trying to "solve" those damn exercises. I couldn't, it was impossible. Right when I gave up a thought came into my mind: "those are not math problems, they are just images, they are something you know", and wow, it was brilliant how the answer showed up in two seconds. Bottom line: it's...
It took me quite a while to reach that explanation. I was kinda satisfied into it at a time. Not saying that its the one CP is talking about. Not saying it cant go deeper than that....... a brilliant mathematical formula explaining crowd (market) behavior......
  • #677
  • Jun 25, 2013 8:03pm Jun 25, 2013 8:03pm
Quoting Whistlepips
{quote} It took me quite a while to reach that explanation. I was kinda satisfied into it at a time. Not saying that its the one CP is talking about. Not saying it cant go deeper than that....... a brilliant mathematical formula explaining crowd (market) behavior......
imho, i believe this to be 100 % true !

i also believe such calculations have no bearing on this moment bias, but having the past knowledge calculated to natural behavior it becomes much simpler once the now moment unfolds,and knowing this gives a immediate edge.you dont need to know how and the particular tools others use.once you know the areas of interest which happen to be perfect calculations your skill as a trader will complete the object,to capture a move in price from point to point .
:
i have one more, i believe ,this happens across all time frames and converges to a point almost that has no time.

and last but not least i dont think any will replicate cp,s trading,you dont need to this thread is to discover your own path,there are many !

dice
  • #678
  • Jun 26, 2013 12:48am Jun 26, 2013 12:48am
The starting point of this phenomenon can be identified and is pretty much the same every time and on every timeframe. It begins near moving averages.

Trend => consolidation => trend........
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  • #679
  • Edited 8:01am Jun 26, 2013 7:34am | Edited 8:01am
It is in our nature to complicate things as humans. When the question "what does pi have to do with trading" is asked we naturally assume that the OP has a complicated and all encompassing formula in mind. After some thought I have come to the conclusion that this desire to complicate the simple is why so many of us fail at such a simple task as trading. We assume that because we are not profitable and so few people are "making it" that there has to be some highly secretive and complicated set of rules behind trading success. BS


So what about the original question? What does pi have to do with trading? It is really quite simple, pi is a never ending number that never repeats. Just like the price of a currency that will never repeat the same pattern exactly as before. Trading is predictable randomness, if you can't wrap your head around this concept you will be doomed to failure. There are prices that are considered fair value where people will make transactions. There are prices that are considered expensive where people will make transactions. There are prices that are considered cheap where people will make transactions. All the other prices on the chart are randomness and noise. Once you give up the search for the "formula" and understand where you are in relation to expensive, cheap, and fair value you will be on your way to trading for profit.
  • #680
  • Jun 26, 2013 8:09am Jun 26, 2013 8:09am
Quoting Seneca pilot
It is in our nature to complicate things as humans. When the question "what does pi have to do with trading" is asked we naturally assume that the OP has a complicated and all encompassing formula in mind. After some thought I have come to the conclusion that this desire to complicate the simple is why so many of us fail at such a simple task as trading. We assume that because we are not profitable and so few people are "making it" that there has to be some highly secretive and complicated set of rules behind trading success. BS So what about...
yes, it is that simple. this has been stated in a few posts in this thread. but of course people think it can not be that simple and keep digging deeper in quest of a secret hidden behind sophisticated, complicated formulas. at the end of the day they will lose the track of everything. it is pity to watch where this thread is heading to with all those latest posts.
As Above, So Below
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