DislikedRegarding that wave view of markets from the beginning of this thread: What I don't yet get is if we can really talk in terms of waves. In science, waves are defined by at least two variables, the independent variable 'time' and an dependent variable. In the FX market our dependent variable would be prize (it can either go up or down). However, if we assume that time doesn't exist in trading, the use of the term "wave" isn't appropriate. Moreover I believe that this wave thing is just an analogy which helps to better understand what alexx90 & CP...Ignored
A jump to the beginning - chaos and market forces
Reminds me on CPs statement on Newtonian physics in a quanta world.
I can only speak for myself and not for anybody else, but do consider that each one of us looking at the same information may take away a different message.
However, you assume the market to be deterministic? And do you link that Newtonian statement with those vibrations?
Yet at the same time we not all pass away at the statistical age of 80...do we?
For all you know ('god' forbid) i dont have an accident tomorrow crossing the road.
Like i said before, everyone takes away a different message from any given information and a lot of this is influenced by our biases.
My statement is linked to how all my market signals falls within 4 different quadrants (force), and each quadrant has a consistent behavior, which in turn can be broken down into subcategories all with their relative behavior (hence the video).
However, at any given moment i could still get hit by a bus, right?
Anyways i dont want to deviate this thread.
- #248
- May 15, 2016 4:08pm May 15, 2016 4:08pm
- Joined Oct 2014 | Status: lonely | 2,261 Posts
Not sure, who are you, but what you are sharing shouldn't be available to the public!
I'm Dropping the BombPick a number: 1 year 5 years 10 years 15 years 20 years 25 years 50 years 100 years 500 years 1000 years Some trader told me that 1 year back-testing data is not enough... the more the better, he says. I asked him, "How about 5 years of data?" He replied, "Well, 10 years is good." I added, "How about 20 years instead?." "Even better, it will be good if we have 100 years of data." he exclaimed. I then replied, "Fuck it. Let's go for 1000 years of data instead." He rolled his eyes, shook his head, turned and walked away....
- #249
- Jun 3, 2016 12:10pm Jun 3, 2016 12:10pm
- Joined Aug 2010 | Status: Trader | 1,282 Posts
This post will start with a lot of questions, is there a better way to awake minds?What if everything is energy, what if everything is in a state of constant vibration? What if matter is a consequence of this vibration? Let's jump to the train and go back in time, what if at the beginning there was order and then chaos started to appear here and there? Can you imagine the light turning on and off so like order turning on and off? I can see this whole world as a war between order and chaos. It's like a big flame that gave the start to everything...
- #255
- Dec 8, 2016 3:24am Dec 8, 2016 3:24am
- Joined Feb 2012 | Status: Trade like Water | 3,403 Posts
is it to find the Trend within the Trend?
Hope to hear more from you CP
Hope to hear more from you CP
Let Market Tell You
- #256
- Edited 6:54am Feb 28, 2023 5:01am | Edited 6:54am
is it to find the Trend within the Trend? Hope to hear more from you CP
They left clues which if you can pick them up, you will be able to "get it" at least one part.
I tried to grasp around those principles CP and alex mentioned years ago but i couldn't...couldn't see it no matter how much i wanted to and sometimes even forced things. I moved forward as i thought i am just not there yet(or maybe smart enough). I was working on my strategy but always with having those principles somewhere in back of my head. I slowly perfected what i find i am good at...then 2 weeks ago i started to read again CP and alexx's thread...i got dizzy when i realized and almost crying...when you realize you achieved something what seemed unreal before.
I was so close few years ago...got into right direction but just couldn't get there...i guess i wasn't ready then.
Double helix, as above so below...it's crazy how it was all the time before my nose. I would just say thank you to those few extraordinary minds here who gave out the knowledge.
I still have to learn how to use other truths and implement them in daily life but already this is more than enough to work with. I don't know why it is working but it is...accept it and prosper in life. <3
I would like to expand and possibly simplify the concept of "zero point", also brought up by the amazing PianoPlayer. It all started with technical analysis and then it got corrupted by deluded people in order to sell fake dreams.
The basics of technical analysis are trend-lines and S/R zones... But where does the idea come from? Why people came up with S/R and trend-lines?
Pioneers observed that sometimes price reacts on certain zones, that when price reach a level it had not reached since years/months/days then most of the times there would be a reaction. You have down to hearth people like Wyckoff who attributed this phenomenon to supply and demand and other like Gann who preferred a more esoteric approach. The concept is the same.
You see, if you read Wyckoff books he always say "judge the market by it's own actions" advocating for eliminating your beliefs or assumptions about future direction, but just to follow the market. One of the TA creators is telling you to avoid predicting and yet people managed to distort TA and came up with patterns and things like "place a set and forget order at a S/R or trendline". People distorted TA, from the science of studying price behaviour trough it's actions, to the prediction of price. S/R were just a tool to mark points of interest, points where a new move could start, masters used those levels as an aid for decision making not as a predictive level to buy / sell.
Following this principle, in order to trade properly you have then to wait for price to be in areas of interested, areas where according to your perspective there can be a reaction, and if the reaction happens then you act. That is the zero-point if you will, the moment when the cheetah start the chase.
The loser either trades in the middle, that is when the wave is already developed, or uses these zones in order to make a prediction, using the tool in a wrong way; the pro trader is an expert at knowing how and what can happen and then ""simply"" riding the wave based on the kind of reaction that happened... Will it break or will it bounce? It does not matter, if you are prepared enough you'll profit in both cases.
Here there's a little "study" I did on trades shared by Alex some years ago, hope he wont bother if I repost his screen.
... One last thought: today using S/R or trendlines would be like trying to travel with a horse, sure it can be done but they invented cars for a reason.
Horse -> car
Trendline -> moving average
S/R -> deviations
I'm just a student, maybe perhaps the last student of CP methods since everyone went silent, so take this post as it is: opinions. I believe that in order to receive you must give, that's all I have to give for now, maybe someone can find it s useful and spark new ideas. Of course I would be honoured to have some kind of feedback from veteran traders.
The basics of technical analysis are trend-lines and S/R zones... But where does the idea come from? Why people came up with S/R and trend-lines?
Pioneers observed that sometimes price reacts on certain zones, that when price reach a level it had not reached since years/months/days then most of the times there would be a reaction. You have down to hearth people like Wyckoff who attributed this phenomenon to supply and demand and other like Gann who preferred a more esoteric approach. The concept is the same.
You see, if you read Wyckoff books he always say "judge the market by it's own actions" advocating for eliminating your beliefs or assumptions about future direction, but just to follow the market. One of the TA creators is telling you to avoid predicting and yet people managed to distort TA and came up with patterns and things like "place a set and forget order at a S/R or trendline". People distorted TA, from the science of studying price behaviour trough it's actions, to the prediction of price. S/R were just a tool to mark points of interest, points where a new move could start, masters used those levels as an aid for decision making not as a predictive level to buy / sell.
Following this principle, in order to trade properly you have then to wait for price to be in areas of interested, areas where according to your perspective there can be a reaction, and if the reaction happens then you act. That is the zero-point if you will, the moment when the cheetah start the chase.
The loser either trades in the middle, that is when the wave is already developed, or uses these zones in order to make a prediction, using the tool in a wrong way; the pro trader is an expert at knowing how and what can happen and then ""simply"" riding the wave based on the kind of reaction that happened... Will it break or will it bounce? It does not matter, if you are prepared enough you'll profit in both cases.
Here there's a little "study" I did on trades shared by Alex some years ago, hope he wont bother if I repost his screen.
... One last thought: today using S/R or trendlines would be like trying to travel with a horse, sure it can be done but they invented cars for a reason.
Horse -> car
Trendline -> moving average
S/R -> deviations
I'm just a student, maybe perhaps the last student of CP methods since everyone went silent, so take this post as it is: opinions. I believe that in order to receive you must give, that's all I have to give for now, maybe someone can find it s useful and spark new ideas. Of course I would be honoured to have some kind of feedback from veteran traders.
{quote} Боюсь, мы больше не услышим ни от CP, ни от alexx90. Они оставили подсказки, и если вы сможете их подобрать,...
