why have you accepted the price-predictability assumption? | Page 66 | Forex Factory

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why have you accepted the price-predictability assumption?

  • #1,301
  • Jan 7, 2014 7:16pm Jan 7, 2014 7:16pm
Quoting Turveyd
{quote} To subjective for a EA, that's why I'm not going EA. Look at my chart examples, with the arrows where to trade and verify the position. I highlight trade setups, which lose to.

Wait what?

You either have a system, or you don't...

Which is it?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,302
  • Jan 7, 2014 7:22pm Jan 7, 2014 7:22pm
Quoting Magix
{quote} Wait what? You either have a system, or you don't... Which is it?

I have a METHOD, which works really well, it's not programmable that's why I'm only going as far as E-mail alerts.


I don't believe in, fixed X > Y so go long.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,303
  • Jan 7, 2014 7:24pm Jan 7, 2014 7:24pm
GA's going well, didn't live trade it, going higher.

EJ woulda of made more sense, better defined uptrend, +25 here from entry point, with a 10SL.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,304
  • Jan 7, 2014 7:37pm Jan 7, 2014 7:37pm
Quoting Turveyd
{quote} I have a METHOD, which works really well, it's not programmable that's why I'm only going as far as E-mail alerts. I don't believe in, fixed X > Y so go long.

So...

You have nothing, but a way of observing and trying to define a trend?

This is your magic?

Pshhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

Well, now that we got that out of the way...go back to the drawing board...NEWB.

All the bullshit you have talked and you need all of that mess to define a trend.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,305
  • Jan 7, 2014 7:44pm Jan 7, 2014 7:44pm
Quoting Rap Skallion
If anyone wants to guess my I.Q. Please do it elsewhere. The forex is interlaced with a matrix of logical inferences, that can be used profitably, I think. for instance: If the EUR/USD is rising and the USD/JPY is falling, then the probability is very high that the EUR/JPY should be falling. I am for now calling these things "Co-complementary triplets". Among the 12 pairs I now trade there are 1320 possible such triplets. Some of them have the force of elementary logic behind them, some do not, and it is easy to determine which are which. Reverse...

Here is the Perfect example of the break down of your theory.

This isn't to be a dick, just to mention that if you are cross market trading, more than 3 instruments are required.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,306
  • Jan 7, 2014 8:01pm Jan 7, 2014 8:01pm
Turvey?

Where'd ya go?

Another night of tear soaked pillows?

Seriously dude...you think you the world is against you...you feel like the market has beat you down...

In all actuality, you are correct.

So...again, not to be a dick here, but out of respect for your help pulling me out of the gutters...clear out your last 7 years and start fresh.

I'm more than willing to work with you, one on one, mango...and I don't do this shit for anybody anymore.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,307
  • Jan 7, 2014 8:33pm Jan 7, 2014 8:33pm
Quoting Proximus
Almost every breakout will have to fade sooner or later, big buys take profit, which reverses price, we just have to find the characteristics of this pattern and quantify it, and then we can analyse it better.
Have you ever read a technical analysis book?

What you're looking at is simply a function of supply demand cycles. Most people call them waves on smaller cycles and rounding tops and bottoms on larger cycles.

If you really want to invent a new name for something old that's your choice, but the characteristics of this has been quantified and analyzed thousands of times already with simple ways to trade it.

http://thepatternsite.com/roundingtop.html
  • #1,308
  • Jan 8, 2014 2:52am Jan 8, 2014 2:52am
Quoting Magix
{quote} Here is the Perfect example of the break down of your theory. This isn't to be a dick, just to mention that if you are cross market trading, more than 3 instruments are required. {image}
Thank you for your interest and your chart shots.
May I point out that all three charts show rising prices?
I wrote"If the EUR/USD is rising and the USD/JPY is falling, then the probability is very high that the EUR/JPY should be falling."
That says nothing at all about what happens if the first two are rising.
Otherwise you are essentially correct:
-In the vagaries of the market, anything can happen. Including patterns other than what one can logically surmise.
- I would only use this for verification. In other words something else prompts me to make an entry in the EUR/JPY, but if I see something other than this relationship, I may not pull the trigger.
- I use way more than three instruments and they interlock in so many ways that by the time I consider them all, the trade would pass.
I find that when a widely recognized pattern is broken, if you see a reason why, that is a very profitable entry point.

Keep thinking; keep questioning; take no guru's word for it. See for yourself.
Thank you for your post
  • #1,309
  • Jan 8, 2014 4:09am Jan 8, 2014 4:09am
Quoting Rap Skallion
{quote} Thank you for your interest and your chart shots. May I point out that all three charts show rising prices? I wrote"If the EUR/USD is rising and the USD/JPY is falling, then the probability is very high that the EUR/JPY should be falling." That says nothing at all about what happens if the first two are rising. Otherwise you are essentially correct: -In the vagaries of the market, anything can happen. Including patterns other than what one can logically surmise. - I would only use this for verification. In other words something else prompts...

You have a good point Rap, it is good to observe and obviously this is where one gets experience, and like I posted earlier if one can get into a trade early that's the game. Magix had a good point which he highlighted but I think perhaps he doesn't look at it the same as i.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,310
  • Jan 8, 2014 4:18am Jan 8, 2014 4:18am
Quoting Luther
{quote} Have you ever read a technical analysis book? What you're looking at is simply a function of supply demand cycles. Most people call them waves on smaller cycles and rounding tops and bottoms on larger cycles. If you really want to invent a new name for something old that's your choice, but the characteristics of this has been quantified and analyzed thousands of times already with simple ways to trade it. http://thepatternsite.com/roundingtop.html
Yeah bulkowsky calls it rounding top, others call it boobs, i called it the U shaped pattern, whatever, they surely have imagination.But probably we were not talking about the exact same pattern.

The rounding top is too round, i didnt talked about this, i was talking about flat top, and 2 breakouts, i`m sure its not the same pattern:

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You see that my pattern is different, its a breakout & consolidation pattern, which is based on the volatility not on the trend, like the round top
"There's a sucker born every minute" - P.T. Barnum
  • #1,311
  • Jan 8, 2014 4:29am Jan 8, 2014 4:29am
Hi Proxy, hope your ok and trading well. your boobs or bottoms flats or curves are INDECISION and like I posted earlier they can be traded as levels, so you are getting there. be good \ (.) (.) / <<<<<<<< proper boob formation lol, dip indecision breakout north or you could trade the sagging boob method but that's not nice to look at (like the wife) lol,
if I am around ask questions, not technical though as I am a muppet where techs are concerned, I only ever traded I didn't talk the talk, Be good and trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,312
  • Jan 8, 2014 4:36am Jan 8, 2014 4:36am
Quoting billytt
Hi Proxy, hope your ok and trading well. your boobs or bottoms flats or curves are INDECISION and like I posted earlier they can be traded as levels, so you are getting there. be good (.) (.) / <<<<<<<< proper boob formation lol, dip indecision breakout north or you could trade the sagging boob method but that's not nice to look at (like the wife) lol, if I am around ask questions, not technical though as I am a muppet where techs are concerned, I only ever traded I didn't talk the talk, Be good and trade well
Yeah but i dont really care to explain the pattern.Some guys will say, support/r lines, others say deman and suppy levels , others will say eliott wave..... all bullshit.

It is a volatility pattern!

Here is what causes it = the volatility increase & volume increase (basically the same in FX):

Attached Image (click to enlarge)
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"There's a sucker born every minute" - P.T. Barnum
  • #1,313
  • Jan 8, 2014 4:42am Jan 8, 2014 4:42am
proxy, ok if that is what you see, it isn't volatile when it flattens /boobs out it is the opposite, it is more stagnant until the players decide to make it move. Anyway trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,314
  • Jan 8, 2014 5:15am Jan 8, 2014 5:15am
Quoting Magix
{quote} So... You have nothing, but a way of observing and trying to define a trend? This is your magic? Pshhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh Well, now that we got that out of the way...go back to the drawing board...NEWB. All the bullshit you have talked and you need all of that mess to define a trend.
O

It defines,entry and SL aswell and suggests exit, but no use to you, brainis required.

Goodbye!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,315
  • Jan 8, 2014 5:33am Jan 8, 2014 5:33am
hi guys, still lousy weather on the coast so here I am. a/u still not moved yet
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,316
  • Jan 8, 2014 5:43am Jan 8, 2014 5:43am
Quoting billytt
proxy, ok if that is what you see, it isn't volatile when it flattens /boobs out it is the opposite, it is more stagnant until the players decide to make it move. Anyway trade well
imho these patterns in price are the market breathing,filling orders from the lows exhausting the fills and breaths out as price falls and repeats.this is happening 24/7.

i think prox is more interested in the break outs with increased volatility.
  • #1,317
  • Jan 8, 2014 5:51am Jan 8, 2014 5:51am
Quoting diceman555
{quote} imho these patterns in price are the market breathing,filling orders from the lows exhausting the fills and breaths out as price falls and repeats.this is happening 24/7. i think prox is more interested in the break outs with increased volatility.
I agree, I think we are just looking at it with different eyes, maybe we should empathise. you could just as easily put these boob areas in envelopes but at end of day it is the breakout which are traded OR if big enough boob area the scalpers coud traded the retraces
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,318
  • Jan 8, 2014 5:53am Jan 8, 2014 5:53am
Quoting Proximus
{quote} Yeah but i dont really care to explain the pattern.Some guys will say, support/r lines, others say deman and suppy levels , others will say eliott wave..... all bullshit. It is a volatility pattern! Here is what causes it = the volatility increase & volume increase (basically the same in FX): {image}
You keep going-on about this "pattern" as though it is special. Trade it, test it, whatever. You aren't saying anything novel about this pattern. As we have all pointed-out in our own ways, if something so obvious is right there then either you can make something of it, or it's just as useless as any other pattern you can imagine.

I don't understand how you can see "such an obvious pattern" and think you are the first, or smartest, or whatever. If you have discovered something new about this pattern that nobody else has found then you are a pioneer of sorts, but the way you are speaking about this pattern is revealing that you are just looking at it with big bright hopeful eyes and in fact don't have any unique thoughts on the pattern.

Really, you should stop talking about it so much and go do your tests and whatnot, then you can come back here and tell us to go fuck ourselves because you are making bank, or you can come back here and tell us that we were correct all along and you just didn't see the forest for the trees.

Quoting Turveyd
brainis required. Goodbye!
Bye.
Congratulations ScalaFX for coming out of the closet!
  • #1,319
  • Jan 8, 2014 6:09am Jan 8, 2014 6:09am
Quoting billytt
{quote} I agree, I think we are just looking at it with different eyes, maybe we should empathise. you could just as easily put these boob areas in envelopes but at end of day it is the breakout which are traded OR if big enough boob area the scalpers coud traded the retraces
I put the boobs in envelopes, GA m1 is near the nipple currently

Boobs, ranges and directions, you need all 3 to turn a profit.

Easier off tablet to send screen shot
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Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,320
  • Jan 8, 2014 6:14am Jan 8, 2014 6:14am
Proxy, the nipple you see frequently,is a fast spike, it hits SL's from tight nervus newbies.

Omg why does my SL keep getting hit right before the turn I'm so unlucky lol

Other newbies will think, missed the move up, omg its going higher and jump in, then can't get a break.

embrace the nipple, its mostly reversible!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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