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Funny Looking Rectangles & Useless Drivel

  • #241
  • Aug 6, 2014 8:38am Aug 6, 2014 8:38am
Update : Not quite a coincidence?
http://i59.tinypic.com/2mq89jq.png

Price tries to break on the up side.
http://i62.tinypic.com/1zmdw8w.png


The same chart, but H1 view. Do you see anything now?
http://i61.tinypic.com/24gkhtx.png
  • #242
  • Aug 6, 2014 8:55am Aug 6, 2014 8:55am
Update :

Up break, but still pretty slow because of higher priceframe exerting pressure.
http://i60.tinypic.com/2vdqr9h.png
http://i59.tinypic.com/vpazh2.png
  • #243
  • Aug 6, 2014 9:08am Aug 6, 2014 9:08am
Quoting Relativity
Update : Not quite a coincidence? {image} Price tries to break on the up side. {image} The same chart, but H1 view. Do you see anything now? {image}
What chart is this? Just want to see this has any real advantage over any other kind of patterns.
If you are good at something, never do it for free--Joker
  • #244
  • Aug 6, 2014 9:11am Aug 6, 2014 9:11am
Update : 1 to 1 swing price wise length reached for higher priceframe. Nice small 1-2-3 uptrend for smaller priceframe.

Left = H1 chart, Right = Range Bar chart for lower priceframe swings
http://i61.tinypic.com/157mc6c.png

Range Bar chart for higher priceframe swings
http://i59.tinypic.com/2i7mhs6.png
  • #245
  • Aug 6, 2014 9:16am Aug 6, 2014 9:16am
Quoting jmn5611
{quote} What chart is this? Just want to see this has any real advantage over any other kind of patterns.
Quoting Relativity
Excellent thread. I do have my take on what is here thou. This is what I see regarding this specific pattern. Here is a custom EURJPY chart, created using dynamic self updating range bars (meaning, these bars do not use a fixed range, but adjusts according to market volatility). A customized zigzag indicator is added onto the chart to show that the market moves in 3 states; Trending, Squeezing, Expanding. These 'Rectangles' to me look like the 'Trend Resume' part of the market. But mind you, statistically speaking, the swings are pretty reliable...
Custom EURJPY chart, created using dynamic self updating range bars (meaning, these bars do not use a fixed range, but adjusts according to market volatility)
  • #246
  • Aug 6, 2014 9:21am Aug 6, 2014 9:21am
The only rectangle you need!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 78 KB
  • #247
  • Aug 6, 2014 9:27am Aug 6, 2014 9:27am
Update : How nice that the small rectangle also completes its 1:1.

http://i58.tinypic.com/2u8ywb8.png
  • #248
  • Aug 6, 2014 10:40am Aug 6, 2014 10:40am
Update : Pressure from higher priceframe looks to hold.
Note that price returned to yellow line. How 'convenient'.

http://i60.tinypic.com/s4w5kn.png
http://i57.tinypic.com/5u329c.png
  • #249
  • Aug 6, 2014 11:21am Aug 6, 2014 11:21am
Final update : How nice to be at the right place at the right time to catch this.

http://i59.tinypic.com/swu5j9.png
http://i62.tinypic.com/2e5jvkg.png
  • #250
  • Aug 6, 2014 11:34pm Aug 6, 2014 11:34pm
Quoting Darryl
The only rectangle you need! {image}
Hi Darryl, Why are you selecting that place to draw your box? Looks interesting.
  • #251
  • Aug 7, 2014 7:51am Aug 7, 2014 7:51am
How nice to see the lines holding on either side for lower priceframe and a potential H&S for higher priceframe
http://i59.tinypic.com/2ljnoyw.png
http://i57.tinypic.com/eb24jc.png
  • #252
  • Aug 7, 2014 8:09am Aug 7, 2014 8:09am
Do I need to explain more? Pictures speak louder than words =)
http://i57.tinypic.com/htwi1w.png
http://i61.tinypic.com/314xyr4.png
  • #253
  • Aug 7, 2014 9:44am Aug 7, 2014 9:44am
Pressure from short side still pretty much in play, but slower, so long key level not broken.
http://i57.tinypic.com/2h37vhu.png
http://i57.tinypic.com/2cy4ewp.png
  • #254
  • Aug 7, 2014 10:18am Aug 7, 2014 10:18am
All right had enough 'fun'
http://i62.tinypic.com/21aruw.png
http://i62.tinypic.com/28wdn51.png
  • #255
  • Aug 7, 2014 10:26am Aug 7, 2014 10:26am
Quoting Relativity
{quote} This post is golden. Thank you for defending what is the truth about this.
It is only golden if it is piss.

If someone offers up a "system", then all the components of the system should be available.

You have boxes. No triggers, no entries, no exits, nothing.

I simply ask for critical thinking.

But so many here do not have marketable skills.

They come to FF in the hopes of getting rich without research.

Best of Luck.
If you are good at something, never do it for free--Joker
  • #256
  • Aug 7, 2014 10:49am Aug 7, 2014 10:49am
Quoting jmn5611
{quote} It is only golden if it is piss. If someone offers up a "system", then all the components of the system should be available. You have boxes. No triggers, no entries, no exits, nothing. I simply ask for critical thinking. But so many here do not have marketable skills. They come to FF in the hopes of getting rich without research. Best of Luck.
Well the thing is that its really up to the creator to decide how much he/she would like to reveal to others, in regards of the system. The person on the receiving end isn't the person to decide this, as I hope you can see.

Yes I have boxes too. But these lines are years of research, testing and development. Triggers, entries, exits? These do not come until one has found some 'acceptable structure' that sufficiently follows the movement of the market. The 'structure', that is of low variance and high frequency, is the prerequisite. This is the edge itself. When one is able to fulfill this, then triggers, entries and exits will come naturally. Therefore if I really want to show someone my system in full, I would show the prerequisite 1st.

Yes I agree on critical thinking. So do I agree with you that research is important. Yet I would go further to say that the critical thinking should be put into the right place. But if one doesn't have 'marketable skills'... then who is responsible, really? I've personally decided that I was personally responsible for myself years ago and never looked back. Hope without hard work is futile.

Well, yes, some luck does help to play a part; I do think I was lucky enough to stumble upon not just iDoubleStoch's work many years ago, but also other greats; Ray Barros, MasterForex-V and Linda Bradford Raschke to name a few key ones.
  • #257
  • Aug 7, 2014 5:01pm Aug 7, 2014 5:01pm
Here is another simple rectangle. If it works, I will tell you exactly how I draw these rectangles and enter the trade.
  • #258
  • Aug 7, 2014 5:03pm Aug 7, 2014 5:03pm
Sorry, I forgot to upload picture.
  • #259
  • Aug 7, 2014 5:04pm Aug 7, 2014 5:04pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-D1.png Size: 74 KB
  • #260
  • Aug 7, 2014 6:34pm Aug 7, 2014 6:34pm
Quoting Relativity
{quote} Well the thing is that its really up to the creator to decide how much he/she would like to reveal to others, in regards of the system. The person on the receiving end isn't the person to decide this, as I hope you can see. Yes I have boxes too. But these lines are years of research, testing and development. Triggers, entries, exits? These do not come until one has found some 'acceptable structure' that sufficiently follows the movement of the market. The 'structure', that is of low variance and high frequency, is the prerequisite. This...
Hi Relativity looks interesting thread may I know where I need start (Box) rectangles? Is that any indicator (rectangles)? Where can I enter the trade? What pair are you trading? Please explain…

Thanks
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