why have you accepted the price-predictability assumption? | Page 86 | Forex Factory

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why have you accepted the price-predictability assumption?

  • #1,701
  • Jan 16, 2014 12:26pm Jan 16, 2014 12:26pm
Quoting Rap Skallion
{quote} Your chart suggests EUR/USD as a strong BUY: WHat went wrong? One set of parents found on the chart : USDJPY-, EURJPY+ is not pushing the EURUSD:The strong sell takes it off the board. USDCAD strong sell is correct, but the EURCAD is not on your chart, my charts show it going strongly down, when it should have been increasing. That takes this pair off the chart. USDJPY is a strong sell on your chart,(good)but the EURJPY is also listed as a strong sell (should have been a buy) None of my parent pairs is pushing this child, so when it bumped...
It is only one hour strength meter for major forex instruments and the strength or validity expires after that. You must have noticed in the instruments only the AUD/JPY, EUR/GBP,EUR/NOK, GBP/JPY and USD/NOK are marked with color..it indicates the present strength of these pairs which are very likely going to push the pairs to the direction (Red = Sell, Green = Buy)

EUR/USD perhaps have the strength in Buy but for the present hour it lost the strength, so it is not indicated and we will not bother about trading E/U for this particular hour.

I like the Parent Child concept and a better pictorial illustration I am just posting, here I took all sell for Aud pairs. Please let me know if you are pointing something similar to that?

Attached Image
  • #1,702
  • Jan 16, 2014 12:27pm Jan 16, 2014 12:27pm
Quoting FXEZ
Rap Skallion, You might find this thread interesting: http://www.forexfactory.com/showthread.php?t=334165 {quote}
Sounds like I am treading on ground where others have preceded me. I shall look through this thread with interest.
Thank you
  • #1,703
  • Jan 16, 2014 1:04pm Jan 16, 2014 1:04pm
Quoting Rap Skallion
{quote} I have a preliminary one of these that I have been trading by, making revisions in pencil as I go. To sit there and figure out (correctly) the structures in real time hurts my brain too much. Good idea An advisory EA is also a good idea down the line.
I think that is how the big guys have their robots programmed,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,704
  • Jan 16, 2014 1:34pm Jan 16, 2014 1:34pm
Quoting Turveyd
{quote} We need a troll free thread mate, they watch too many soap opera's and think thats how real adults should act.
lol, I just saw this... Thing is bud, I was actually gathering information from these sites for a book I am writing (or was) and some of the things the gurus said and trolls quips, I sat here for hours laughing and laughing AND then I got threatened for copyright infringement if it happened, so I got around it another way ...
Anyway I have forgiven the naughty people lets hope we can get back onto prediction
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,705
  • Jan 16, 2014 2:34pm Jan 16, 2014 2:34pm
Quoting billytt
{quote} Hi Magix, it wont be dick comparison more like sausage comparison AND I actually got 4 pips so the method will be £4 sausage method. Some person nameless says he has 80% hit rate and everyone goes ape demanding proof so I say I got 150 pips in 2 days and that makes me have a hit rate of around 99% and that is bad for me. But no one wants to know, weird eh. I got a couple of pings and I explained but as for here I guess I am billy no mates
Billy, you have not disparaged other ways of trading like others have. Further, you have stated that you no longer trade. However, it is reasonable to state that anyone without a TE, or some metric of measurement to ensure that what is claimed has some basis in fact, is full of shyt.

You have not drawn ire because you have not been antagonistic. That's said, you have made a claim, can you objectively support that claim?
If you are good at something, never do it for free--Joker
  • #1,706
  • Jan 16, 2014 2:36pm Jan 16, 2014 2:36pm
Quoting billytt
{quote} lol, I just saw this... Thing is bud, I was actually gathering information from these sites for a book I am writing (or was) and some of the things the gurus said and trolls quips, I sat here for hours laughing and laughing AND then I got threatened for copyright infringement if it happened, so I got around it another way ... Anyway I have forgiven the naughty people lets hope we can get back onto prediction
Before we can move forward in prediction, we have to define this term, as it has become clear that the definition is subjective.

What is your definition of "prediction"?
If you are good at something, never do it for free--Joker
  • #1,707
  • Jan 16, 2014 2:36pm Jan 16, 2014 2:36pm
Quoting jmn5611
{quote} Billy, you have not disparaged other ways of trading like others have. Further, you have stated that you no longer trade. However, it is reasonable to state that anyone without a TE, or some metric of measurement to ensure that what is claimed has some basis in fact, is full of shyt. You have not drawn ire because you have not been antagonistic. That's said, you have made a claim, can you objectively support that claim?
yes
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,708
  • Jan 16, 2014 2:37pm Jan 16, 2014 2:37pm
Quoting billytt
{quote} yes
Then do so.....
If you are good at something, never do it for free--Joker
  • #1,709
  • Jan 16, 2014 2:41pm Jan 16, 2014 2:41pm
I was going to say, get a chart say daily or weekly and zoom in lots, see the highs/lows and wait for them to be broken, yes it may take days or weeks but they normally go for some good pips, when it doesn't happen double up on your next trade (if your in lucky mode), and nobody dare mention martingale, I didn't do this but I know a guy who does but It was noted down as a statistic, infact I might stick a chart in, so anyone mention a pair and I will , it has to move though.

maybe once high /low broken a prediction can be made as to where the pair go
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,710
  • Jan 16, 2014 2:44pm Jan 16, 2014 2:44pm
Quoting jmn5611
{quote} Then do so.....
so you want to see some of my trades from yesterday and day before
I also add, I was scalping and that is quite easy to do, I couldn't make a living doing it though
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,711
  • Jan 16, 2014 2:57pm Jan 16, 2014 2:57pm
Quoting jmn5611
{quote} Billy, you have not disparaged other ways of trading like others have. Further, you have stated that you no longer trade. However, it is reasonable to state that anyone without a TE, or some metric of measurement to ensure that what is claimed has some basis in fact, is full of shyt. You have not drawn ire because you have not been antagonistic. That's said, you have made a claim, can you objectively support that claim?
But you have been antagonistic and disparaged other ways of trading, just remember that before you go all high and mighty.


This is a thread about weather or not, the markets are predictable or Random, not about who's trading profitably or not.

You don't really trade either, you just run a EA which ultimately sooner or later will empty your account, which is why you re opened an account to hide the previously emptied account, right ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,712
  • Jan 16, 2014 2:58pm Jan 16, 2014 2:58pm
Attached Image (click to enlarge)
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oil daily chart going back about 3 years, perhaps I should not of used oil chart, as that is unique but you can see highs/lows and once busted they are good to trade
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,713
  • Jan 16, 2014 3:01pm Jan 16, 2014 3:01pm
and when you get good a looking at charts, you will see what I have not high lighted
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,714
  • Jan 16, 2014 3:03pm Jan 16, 2014 3:03pm
thanks T, your my bodyguard for the night
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,715
  • Jan 16, 2014 3:05pm Jan 16, 2014 3:05pm
Quoting billytt
thanks T, your my bodyguard for the night

Standing guard sir, it would be a pleasure to KILL for you sir!!


KILL CRAZY!!!
KILL CRAZY!!!
KILL CRAZY!!!
KILL CRAZY!!!
KILL CRAZY!!!
KILL CRAZY!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #1,716
  • Jan 16, 2014 3:07pm Jan 16, 2014 3:07pm
Quoting Turveyd
{quote} Standing guard sir, it would be a pleasure to KILL for you sir!! KILL CRAZY!!! KILL CRAZY!!! KILL CRAZY!!! KILL CRAZY!!! KILL CRAZY!!! KILL CRAZY!!!
lol, noooooooooooo do not say the K word,, it is known as an accident
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,717
  • Jan 16, 2014 3:07pm Jan 16, 2014 3:07pm
Quoting rekon67
{quote} It is only one hour strength meter for major forex instruments and the strength or validity expires after that. You must have noticed in the instruments only the AUD/JPY, EUR/GBP,EUR/NOK, GBP/JPY and USD/NOK are marked with color..it indicates the present strength of these pairs which are very likely going to push the pairs to the direction (Red = Sell, Green = Buy) EUR/USD perhaps have the strength in Buy but for the present hour it lost the strength, so it is not indicated and we will not bother about trading E/U for this particular hour....

This looks to be the case. I think this type of relationship is trade-able. I for one will never trade against it. I have collect a group of 16 parent pairs that I use to check entries, etc. and have them on a chart in front of my screen with locations of the child and parent to guide me. When I am present, I will check them periodically ( during news events, Market opening times, etc.) If I see a move happening on one of the charts, a quick check of the parent pairs tells me whether to hop on for the ride. etc. Use wise money management techniques. You should have a high win ratio.

In this case the predictability is high, tho not certain.
Attached Image (click to enlarge)
Click to Enlarge Name: complementary triplet illustration..jpg Size: 98 KB
  • #1,718
  • Jan 16, 2014 3:08pm Jan 16, 2014 3:08pm
anyway, any feedback regarding zooming into a chart for trading
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #1,719
  • Jan 16, 2014 3:10pm Jan 16, 2014 3:10pm
accepting what is in header of this thread exposes you to lifetime of substandard and non-sustainable trading results.

let me explain why

promise is : if price patterns is this and that then market structure is this and that & my action is this and that.

Unfortunately this is also true
if price patterns is this and that then many people will think is above option and ill be faked out by large player.

TA cannot distinguish between these 2 options therefore lifetime of miserical results guaranteed.
  • #1,720
  • Jan 16, 2014 3:14pm Jan 16, 2014 3:14pm
Not to sure why anyone is bothering, the market is far from Random ( H4 via candle stick well okay it's random ), but if you break down to the nitty gritty M1, it's obviously not random, far far far from it.

We've been through it all a 100 times already, they ignore everything or twist it that doesn't suite there it's random bias, there is no point repeating it endlessly, leave them to stick to martingaling matrix systems and take there money.


So....

Accidentally ofcourse Kill them all!!
Accidentally ofcourse Kill them all!!
Accidentally ofcourse Kill them all!!
Accidentally ofcourse Kill them all!!
Accidentally ofcourse Kill them all!!

* everything that happens is entirely coincidental and random chance!! * Snigger *
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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