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Funny Looking Rectangles & Useless Drivel

  • #261
  • Aug 7, 2014 7:47pm Aug 7, 2014 7:47pm
Quoting Darryl
Sorry, I forgot to upload picture.
Still watching your CAD/JPY chart.

You my like to open your own thread if you do not want to have your ideas overrun in this one.
Good Trading
  • #262
  • Aug 7, 2014 8:54pm Aug 7, 2014 8:54pm
I normally don't trade on a weekly chart, but I like this setup. Hope it works,
if it doesn't I'll be wiping egg from my face and never post again. So far I've
had great results with my simple rectangles. I trade only live and on this trade
my stoploss is 50 pips and I set my target for 60 pips, for now. I'm up 30 pips
as of a few minutes ago. It takes a lot of patience trading on a weekly chart.

Have a nice evening everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy-weekly.png Size: 64 KB
  • #263
  • Aug 7, 2014 9:25pm Aug 7, 2014 9:25pm
Nice little setup here!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-daily.png Size: 66 KB
  • #264
  • Aug 7, 2014 9:55pm Aug 7, 2014 9:55pm
Your C/J D1 chart just hit its target (assuming bottom of rectangle). Nice trade, and with a day still to go

Q&A How do you choose when to draw them?
Good Trading
  • #265
  • Aug 7, 2014 11:37pm Aug 7, 2014 11:37pm
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.
As what i said, you are getting mad because you can't get what you want and you are unwilling to put in any effort. And nobody would ever share anything with an s like you.

In anyway, does the thread title looks like anyone offering any system?
Beggars are in no position to demand for anything.
  • #266
  • Aug 8, 2014 5:14am Aug 8, 2014 5:14am
Quoting Rand Yap
{quote} As what i said, you are getting mad because you can't get what you want and you are unwilling to put in any effort. And nobody would ever share anything with an s like you. In anyway, does the thread title looks like anyone offering any system? Beggars are in no position to demand for anything.
If you are so desperate as to lick crumbs off the pavement from anyone who passes by, that's your issue, and you are welcome to it.

Some of us who actually trade will have more intelligent questions to ask.

Again, Good Luck.
If you are good at something, never do it for free--Joker
  • #267
  • Aug 8, 2014 6:21am Aug 8, 2014 6:21am
I wonder if someone who goes around begging and demanding for other people's hard work with no respect whatsoever, while deluding himself that he is asking "intelligent" questions desperate? Or someone going around looking for out of new ideas leaving it to the thread starter to decide the depth of information he is willing to share, more desperate?

Quoting jmn5611
{quote} What chart is this? Just want to see this has any real advantage over any other kind of patterns.
this is what you meant by intelligent?

You have yet to even answer how this thread's title looks like someone sharing a complete system and you want to divert the topic.
If you like to beg, that is your issue, you are welcome to it. But don't be an s when someone is unwilling to give.
  • #268
  • Aug 8, 2014 6:35am Aug 8, 2014 6:35am
Quoting Rand Yap
I wonder if someone who goes around begging and demanding for other people's hard work with no respect whatsoever, while deluding himself that he is asking "intelligent" questions desperate? Or someone going around looking for out of new ideas leaving it to the thread starter to decide the depth of information he is willing to share, more desperate? {quote} this is what you meant by intelligent? You have yet to even answer how this thread's title looks like someone sharing a complete system and you want to divert the topic. If you like to beg, that...
I can tell you are a young man, and an inexperienced trader. I asked that question to see if another one of thousands of existing patterns could be overlaid. Pity the question was never answered. The poster was smart enough to know better.

It has already been mentioned that the human brain has a habit of finding meaning in patterns where no meaning actually exists. If you find rectangles aesthetically pleasing, that's your business, but do not think that those funny looking rectangles have anything to do with profitable trading.

Once again, good luck.
If you are good at something, never do it for free--Joker
  • #269
  • Aug 8, 2014 7:02am Aug 8, 2014 7:02am
Guys, I would appreciate it if both of you are willing to take this fight elsewhere.... If people think those rectangles can help them, then let them be.

For now, I would love to continue posting, to expound upon what I have. But to see this kind of bickering.... kinda puts me off. Just being honest.
  • #270
  • Aug 8, 2014 7:11am Aug 8, 2014 7:11am
Quoting Relativity
Guys, I would appreciate it if both of you are willing to take this fight elsewhere.... If people think those rectangles can help them, then let them be. For now, I would love to continue posting, to expound upon what I have. But to see this kind of bickering.... kinda puts me off. Just being honest.
Agree
  • #271
  • Aug 8, 2014 7:15am Aug 8, 2014 7:15am
Please do elaborate what is inexperienced about what i have just said and how does it infer to me being young. Otherwise, your claim is baseless.

Proofs i do have is that you make baseless finger pointing, beg, rude, non-respectful, think that you are smart, claims that you are a real trader.
No signs that you are a good trader though.

You asked a question and nobody answer you can be due to 2 reasons:
1. they truly do not know.
2. they don't like you and they are not obligated to answer your question. Therefore, you are unworthy of their answer.

If you do not think that those funny looking rectangles have anything to do with profitable trading, then simply leave the thread.
Instead of clinging on to your ego here. Enough said.....
  • #272
  • Aug 8, 2014 7:24am Aug 8, 2014 7:24am
Quoting Relativity
Guys, I would appreciate it if both of you are willing to take this fight elsewhere.... If people think those rectangles can help them, then let them be. For now, I would love to continue posting, to expound upon what I have. But to see this kind of bickering.... kinda puts me off. Just being honest.
Apologies. I got carried away.
  • #273
  • Aug 8, 2014 9:24am Aug 8, 2014 9:24am
Quoting smartvin
{quote} 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
Thank you. You have honest questions but IMO I am afraid these are not deep enough. But I also acknowledge that we can only ask someone else something that we do not know, simply because we realized what we already know is not enough.

For starters...

iDoubleStoch posted how to construct the rectangles.
http://www.forexfactory.com/showthre...09#post7644609

Randy posted an indicator here. Please note that no 'tech support' would be given (usually the case for most indicators out there anyway). Do realize that this is not the end of all things; an indicator is just a tool, nothing more.
http://www.forexfactory.com/showthre...81#post7645481

I will not answer the question of where to enter until this happens;
http://www.forexfactory.com/showthre...43#post7658743

I trade exclusively EURJPY. But again, from what I observed, iDoubleStoch trades most major pairs.
  • #274
  • Aug 8, 2014 10:14am Aug 8, 2014 10:14am
1st, I do need to openly declare a few things to clear the air.

1-Yes I am 'that Relativity' from Kreslik and Babypips. For peeps who had been following my work over the years, I am sure you guys had seen my struggles. I would be really thankful today to say simply to you peeps out there as a shoutout; that 'I made it' =)

2-I do think patterns in the market exist. Please do consider the following;
http://i45.tinypic.com/11awmdt.png

3-For traders who actually say patterns don't exist and still make their money, good for you! I do think we can all learn from each other something. As for me, I make my money using these patterns, but it doesn't mean I totally dismiss other ways of looking at the market. I do have my fair share of criticism on others, but in the end, I let it go, because 'the most important battle is myself'. Therefore, I do chose a style that works best for my personal makeup (insert long story of how I got here LOL). To be specific, I primarily trade the following way (where the bulk of my decision making comes from; I do look into other things e.g. News);
-Quantified Wave Analysis
-Price Point to Price Point Statistical Frequency Distributions

4-My work is not like iDoubleStoch's. But I acknowledged that his research methodology and market outlook made a major impact on my trading. The other part of inspiration came from Masterforex-V and Ray Barros. Hence why I stuck onto Wave Analysis and nothing else. Just do a simple google for their works and one can see that their basic premise is 'patterns do exist'. I have no idea if I will reach their level, but what I do know and found out for myself convincingly with nothing but statistical work, that 'patterns do exist'.

5-I am aware of Type I and Type II errors and Personal Bias, being a statistician. This is also why I take great pains to vet my own work and treat it almost like a science, because no one else can do that for me. Like any research, it takes years to correctly extract out the essence of the hypothesis. Trial and error is the norm here. However, a major problem is that most ppl seem to mistake this type of research as a simple task e.g. try out indicators, do some coding, read some books...etc. I am afraid to tell anyone that it is not and it is also not for everyone. There are certain prerequisites for this type of research, leading to a particular style of trading. It takes years to just 'produce an edge' or to train up oneself's trade and money management skills.

Masterforex-V puts it very aptly in one of the chapters in his book; http://masterforex-v.su/forex001001006.htm
  • #275
  • Aug 9, 2014 5:35pm Aug 9, 2014 5:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_16922.jpg Size: 246 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #276
  • Aug 10, 2014 1:38pm Aug 10, 2014 1:38pm
Great to see you posting again Relativity!

And thanks to iDoubleStoch for this brilliant showcase of funny rectangles!

I have also been reading your previous posts, looking forward to your return next year!
  • #277
  • Aug 11, 2014 7:27pm Aug 11, 2014 7:27pm
Quoting Darryl
The only rectangle you need! {image}
Hi Darryl.
How do you draw your rectangles?
  • #278
  • Aug 11, 2014 7:54pm Aug 11, 2014 7:54pm
You guys got the right idea, now just remember the pattern never changes
  • #279
  • Aug 11, 2014 8:33pm Aug 11, 2014 8:33pm
Quoting DavidRP
Be careful with this member. Nicks: iDoubleStoch, iDouble, WaveTop, 7thsignaltrader, Tango 6 Alpha, StealthTrader, TraderNumber7.... http://www.forexfactory.com/showthre...13#post5883713 http://www.forexfactory.com/showthre...30#post4100330 http://www.elitetrader.com/vb/showth...5&#post3582335 http://www.trade2win.com/boards/fore...ml#post1941440 http://www.trade2win.com/boards/t2w-...ml#post1941432...
I find this interesting. Once a poster zeroed him, he leaves.

All that is left is funny rectangles, and a pretty good indicator.

I am not being sarcastic. The indicator is pretty good.
If you are good at something, never do it for free--Joker
  • #280
  • Aug 11, 2014 9:37pm Aug 11, 2014 9:37pm
Quoting Darryl
Nice little setup here! {image}
Darryl, please share when you think you found a good combination.
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