Why it is possible to predict price movement? | Page 57 | Metals Mine

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Why it is possible to predict price movement?

  • #1,121
  • Edited 2:28pm Mar 31, 2018 1:46pm | Edited 2:28pm
Quoting dkrock
{quote} LOL, you don't work for me, and neither does redeflect. He is just fishing for information, but nice of you to concur with his mystery instead of me, lol. Now you see why I have little respect for you? You want to believe a third party who doesn't know anymore about my trading system than you do, LOL. All he knows is what he was taught in school, lol, which is the same BS all over FF. I think nowadays they call that Fake News. He referenced pirating some crazy ideas, but that is normal for anyone trying to improve. He has a programmer mindset...
Lol, I'm not fishing for anything. I've put in my screen time and I know how squiggly lines work. I also know that they only do two things: Converge and diverge. Why would I want YOUR information about squiggly lines on 30m charts when I already trade intraday with tick charts when I'm in the mood? You're the one that suggested I go check out your thread and learn your 'secret sauce' rather than just admitting it's ketchup and mayonnaise.

I have a physicist's mindset. The programming is just a language. I understand very well the value of iterations. I also understand the value of knowing that you don't know a damn about the next one. There are over 100,000,000,000 observable galaxies composed of particles moving along trajectories that you can't even imagine and you think that box of circuits on your desk is doing something more complex than that? You can make enough money while you're right to pay for when you're wrong and that's the best you've got. Schrodinger would giggle at the kitty if it knew enough about it's perdicament to have a sense of humor.
"The fun is in the hunt. Not the kill."
  • #1,122
  • Mar 31, 2018 2:03pm Mar 31, 2018 2:03pm
Forex is all about probabilities; there is no surety! But, it’s true pro traders have standard accuracy ratio! Whatever, there is nothing like 100% in Forex.
  • #1,123
  • Mar 31, 2018 2:53pm Mar 31, 2018 2:53pm
Quoting dkrock
{quote} I don't know. You are the one who keeps prying and wants me to show you charts. Sounds simple enough for me to understand. Pirate. I suggested the libtard read my thread, not you. I have a physicists mind too, as well as chemist, engineer, businessman, musician, and several other disciplines. I don't understand what that has to do with anything, but if you want to compare brainpower now, we can do that too. My best IQ test was a 204, but in the last several years I am only averaging 175 because I am playing now, not studying, lol. I mention...
Why on Earth would I want 'your charts'? I have the same ones a mouse-click away. I made a statement. There's nothing you're presenting that's worth my time to even evaluate. I readily admit that I got too bored and lost interest a few paragraphs in. I suppose my attention span is just too short for it. My apologies for missing out on the vast trove of pearls you undoubtedly left there.
"The fun is in the hunt. Not the kill."
  • #1,124
  • Mar 31, 2018 3:41pm Mar 31, 2018 3:41pm
Quoting dkrock
{quote} You and woohiye made false accusations, so I gave you truth. Sorry that confused you. I guess you thought you were talking to someone else. LOL "Forex Police" LOL.
What was the false accusation?
"The fun is in the hunt. Not the kill."
  • #1,125
  • Mar 31, 2018 3:49pm Mar 31, 2018 3:49pm
Quoting dkrock
{quote} You and woohiye made false accusations, so I gave you truth. Sorry that confused you. I guess you thought you were talking to someone else. LOL "Forex Police" LOL.
My "accusation" is that you want to talk about how superior your method of trading is while refusing to give any sort of details regarding your method of trading.

You linked me to your "proverbs" thread which describes your system at such a ridiculously high level with a couple of exceptions they could apply to any system here.

And then you linked me to a thread where you post screenshots but you provide ZERO explanation of how those represent entry/exit decisions, what the indicators are or what they do and so on.

So you're STILL here trying to say that your method is awesome while providing no details about it.

And I'm not suggesting that your method of trading doesn't work for you. You developed it to work for you based on how you like to think about and look at the markets.

Similarly, I developed my system to work for me and how I like to think about and look at the markets. Your system works for you, mine works for me.

The difference is that you want to try and "teach" people without really giving any actual details about what you would do different. I'm willing to actually explain it all.
Woohiye is a Lakota Sioux word that means success, or overcoming obstacles
  • #1,126
  • Apr 1, 2018 10:17am Apr 1, 2018 10:17am
Quoting Redeflect
{quote} That after going to college for programming specifically to do what quants do(long before I even knew how the financial industry worked and that there were people just starting to do it)... boring shenanigans. If you want to turn to automation and just want the money while watching a computer all day I guess it could be 'fun'. I enjoy being more hands-on with my trades even if my order entries are inconvenient most of the time. Semi-automation is more of what I'd enjoy. Plus, the algos are kind of fucking things up. It was fun to dream of...
Thank You Redeflect for sharing your experience...
  • #1,127
  • Apr 1, 2018 3:57pm Apr 1, 2018 3:57pm
It's always entertaining to stop by this thread every few months to read the comments. No matter what your beliefs and trading methods are, I wish you good luck and good trading. I for one believe price can be predicted to uncanny accuracy, as I have stated in all of my previous posts. Here are 2 of my long term maps, similar to the EURUSD map I first posted. These 2 maps were created in October of 2016, are accurate and still valid. AUDUSD has about 2-4 months left while the EURNZD map has 17-24 months remaining. Once again, time will prove me wrong or right on these as they are both "live".

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Happy Easter to all!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,128
  • Apr 5, 2018 8:17am Apr 5, 2018 8:17am
Good afternoon traedorians peace and pips be upon all of you
How nice to see you back CJ,hope you're fine!!
i was astonished when i saw your view on eur/nzd as i have the same one but on gbp/nzd however i didn't take the trade thinking both are going to retest the highs(1.70xx and 1.96xx) before the drop,will post a chart as soon as possible
again good to see you
better be not enough salt than too much salt
  • #1,129
  • Apr 5, 2018 8:33am Apr 5, 2018 8:33am
here it is
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better be not enough salt than too much salt
  • #1,130
  • Apr 5, 2018 11:32am Apr 5, 2018 11:32am
Quoting bzzz
Good afternoon traedorians peace and pips be upon all of you How nice to see you back CJ,hope you're fine!! i was astonished when i saw your view on eur/nzd as i have the same one but on gbp/nzd however i didn't take the trade thinking both are going to retest the highs(1.70xx and 1.96xx) before the drop,will post a chart as soon as possible again good to see you
Hi and thanks bzzz. I decided to take some time away from it all after my wife passed. It was much needed, but I'm back now.

As for your views, take a look at the monthly chart on both of those pairs. I believe EURNZD has seen it's highs and has already retested them, but it looks like GBPNZD is lagging and still has a some room at the top. I have not mapped the GBP pair so just putting forth what I see on the monthly. As you are familiar with the levels, you should see them on those charts.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,131
  • Apr 5, 2018 12:26pm Apr 5, 2018 12:26pm
Since I've posted some updated maps, I might as well post the updates to the original EURUSD map from almost 5 years ago, posted here in the tread. This will be the last post for this map. It is still active and accurate.

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-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,132
  • Apr 5, 2018 9:48pm Apr 5, 2018 9:48pm
Quoting genghistar
{quote} Respect..beside long term trade setups can you predict intraday PA as well. Just yes or no is enough. Thank you.
Thank you sir....yes

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,133
  • Apr 7, 2018 6:24am Apr 7, 2018 6:24am
Quoting kk007
This sounds a simple question, but it is not indeed. There are a lot of trading methods claim working. Nevertheless, I wonder in general what logic these methods based on in predicting price movement. Can anyone give me a good answer? Thanks, kk007
Well From my point of view I have seen many systems with logic i.e having rules like BUY if RSI is above 50 or BUY IF PRICE goes above OR CLOSES above 200 EMA or macd histogram turns from red to green if those are the systems people think would help them predict the markets than everyone would become a multi millionaire or trillionaire because these systems AND INDICATORS are available by default in metatrader 4 and 5 platform but the harsh truth is Markets are beyond any kind of logic.

Systems like gann wheel or ganns square of nine might look illogical but they work like magic.
No one ever Discovered anything new by colouring inside the lines.
  • #1,134
  • Apr 7, 2018 1:29pm Apr 7, 2018 1:29pm
Quoting Hdhorda4
{quote} Well From my point of view I have seen many systems with logic i.e having rules like BUY if RSI is above 50 or BUY IF PRICE goes above OR CLOSES above 200 EMA or macd histogram turns from red to green if those are the systems people think would help them predict the markets than everyone would become a multi millionaire or trillionaire because these systems AND INDICATORS are available by default in metatrader 4 and 5 platform but the harsh truth is Markets are beyond any kind of logic.





Systems like gann wheel or ganns square of...
Sir can you give us the information as 2 which is the best what to gain knowlage on gann wheel or ganns square of nine how to aquire knowlage , and implement the stratagies please
  • #1,135
  • Apr 7, 2018 3:45pm Apr 7, 2018 3:45pm
I was asked earlier if price movement can be predicted on intraday charts. I have posted several examples of intraday maps within the thread and this is the update on another one of those, AUDUSD. Yes, price movement can be predicted on any time frame, HOWEVER, the lower the time frame, the greater the chance of deviation from the projected map. Lower TF's have more distortion while higher TF's are smoothed.

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-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,136
  • Apr 12, 2018 7:33am Apr 12, 2018 7:33am
Quoting Captain Jack
I was asked earlier if price movement can be predicted on intraday charts. I have posted several examples of intraday maps within the thread and this is the update on another one of those, AUDUSD. Yes, price movement can be predicted on any time frame, HOWEVER, the lower the time frame, the greater the chance of deviation from the projected map. Lower TF's have more distortion while higher TF's are smoothed. {image} {image} {image} -CJ-
Hello! It seems you have uncovered the maths W.Gann was talking about....
  • #1,137
  • Apr 20, 2018 11:49am Apr 20, 2018 11:49am
Quoting Captain Jack
{quote} Hi and thanks bzzz. I decided to take some time away from it all after my wife passed. It was much needed, but I'm back now. As for your views, take a look at the monthly chart on both of those pairs. I believe EURNZD has seen it's highs and has already retested them, but it looks like GBPNZD is lagging and still has a some room at the top. I have not mapped the GBP pair so just putting forth what I see on the monthly. As you are familiar with the levels, you should see them on those charts. -CJ-
My deepest and sincere condolences,i should have thought about it since you've mentionned that you were taking care about here,may her soul rest in peace.
i too lost my father almost a year ago,victim of the same disease...anyway welcome back CJ and stay safe.
Regarding EURNZD now that it tagged 1.7069 i didn't take the trade as i was away,not happy with that but looking at the monthly as you told me it seems to me that we're going for a level3 sub 1.3880,will post a chart as soon as possible
regarding GBPNZD still waiting 1.96xx
better be not enough salt than too much salt
  • #1,138
  • Apr 24, 2018 7:43am Apr 24, 2018 7:43am
Quoting bzzz
{quote} My deepest and sincere condolences,i should have thought about it since you've mentionned that you were taking care about here,may her soul rest in peace. i too lost my father almost a year ago,victim of the same disease...anyway welcome back CJ and stay safe. Regarding EURNZD now that it tagged 1.7069 i didn't take the trade as i was away,not happy with that but looking at the monthly as you told me it seems to me that we're going for a level3 sub 1.3880,will post a chart as soon as possible regarding GBPNZD still waiting 1.96xx
Now i am really confused
EURNZD reached 1.70 consolidated a bit there then went more than hundred pips higher but GBPNZD is more confusing as it is the one i am following closer thinking that 1.96xx is enough for the dump but as it is/was behaving it may go two more hundred pips
still no trade taken
better be not enough salt than too much salt
  • #1,139
  • Apr 24, 2018 7:44am Apr 24, 2018 7:44am
pending one at 1.9620 with 20 pips sl
better be not enough salt than too much salt
  • #1,140
  • Apr 24, 2018 10:52am Apr 24, 2018 10:52am
Quoting bzzz
pending one at 1.9620 with 20 pips sl
SL hit and eat
better be not enough salt than too much salt
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