Why it is possible to predict price movement? | Page 58 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Predict dollar movement using astrology 48 replies

is it possible to predict breakouts? 17 replies

I can predict moves but then I forget how. Why? 20 replies

random price movement - reasons why your system was wrong 5 replies

GBP/USD daily pip movement vs. EUR/USD daily pip movement 3 replies

Attachments: Why it is possible to predict price movement?
Exit Attachments

Why it is possible to predict price movement?

  • #1,141
  • Apr 24, 2018 11:17am Apr 24, 2018 11:17am
Quoting bzzz
{quote} 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
I took a beating on EUR/NZD short. I only wish it was 20 pips.
  • #1,142
  • Apr 24, 2018 11:24am Apr 24, 2018 11:24am
Quoting mikespips
{quote} I took a beating on EUR/NZD short. I only wish it was 20 pips.
these two pairs(eurnzd and gbpnzd) are two quite correlated beasts although gbp is abit lagging like mentionned by CJ i still do think they're gonna drop but apparently
fox still in need to be fed so i'm on his marks,he took my 20 babies i'll took him 2000 ones
better be not enough salt than too much salt
  • #1,143
  • Apr 24, 2018 11:32am Apr 24, 2018 11:32am
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
Most definitely price movements can be predicted, but essentially managing risks;a standard strategy should have More reward to risk ratio,with this your wins would be More than losses, but this is all practical with a good and simple strategy.
  • #1,144
  • Apr 24, 2018 11:49am Apr 24, 2018 11:49am
Quoting bzzz
{quote} these two pairs(eurnzd and gbpnzd) are two quite correlated beasts although gbp is abit lagging like mentionned by CJ i still do think they're gonna drop but apparently fox still in need to be fed so i'm on his marks,he took my 20 babies i'll took him 2000 ones
And I plan to be right behind you! I made some pips on the recent E/U drop and plan to be back in short for the large drop per the CJ map. Good luck bzzz!
  • #1,145
  • Apr 24, 2018 12:18pm Apr 24, 2018 12:18pm
Quoting mikespips
{quote} And I plan to be right behind you! I made some pips on the recent E/U drop and plan to be back in short for the large drop per the CJ map. Good luck bzzz!
right behind me?doesn't sound to be a good plan,does it?
CJ's map has been extraordinary right and accurate but be careful sometimes fox will try to blur their intent within the map to add more confusion and harm for us poor lambs i think this is where one's methodology/style,understanding of the cycles principles(as described by CJ),risk management AND nerves stregnth may help
wish you the best mikespips
better be not enough salt than too much salt
  • #1,146
  • Apr 24, 2018 12:34pm Apr 24, 2018 12:34pm
Those long term guidance maps are on the Mn time frame and that is a lot of PA per candle. Instead of trying to time the top, it is always better to wait for familiar topping structure to form and then enter after it does. In short, don't enter a short order on the left hand side of a topping formation, that has not completed. Wait for the completion and then look for entry on the right hand side of the formation, after the turn.

No need to grab the 1st 100 pips of the drop when there are thousands that lie ahead.

The map is still valid unless price breaks above the highs at previous point 5.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,147
  • Apr 24, 2018 1:56pm Apr 24, 2018 1:56pm
Quoting Captain Jack
Those long term guidance maps are on the Mn time frame and that is a lot of PA per candle. Instead of trying to time the top, it is always better to wait for familiar topping structure to form and then enter after it does. In short, don't enter a short order on the left hand side of a topping formation, that has not completed. Wait for the completion and then look for entry on the right hand side of the formation, after the turn. No need to grab the 1st 100 pips of the drop when there are thousands that lie ahead. The map is still valid unless price...
Thanks CJ. That advice is taylor made for me as I always try to nail the M's and the W's vs. waiting for the fox to show his hand.
Pattern within the pattern?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-04-24 at 1.54.07 PM.png Size: 156 KB
  • #1,148
  • Edited 8:40am Apr 25, 2018 5:40am | Edited 8:40am
Good morning tradorians peace and pips be upon all of you
Here is how i see but with some doubt,any comment is welcomed.
please captain if you can spare some time and throw a stone on this reasoning
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd.JPG Size: 148 KB
better be not enough salt than too much salt
  • #1,149
  • Apr 25, 2018 11:17am Apr 25, 2018 11:17am
Quoting bzzz
Good morning tradorians peace and pips be upon all of you Here is how i see but with some doubt,any comment is welcomed. please captain if you can spare some time and throw a stone on this reasoning {image}
Anything that far back is not relevant to where the pair is today...we are only concerned with the move from the last peak low...as I have shown on the map...

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,150
  • Apr 28, 2018 5:22am Apr 28, 2018 5:22am
Quoting Captain Jack
{quote} Anything that far back is not relevant to where the pair is today...we are only concerned with the move from the last peak low...as I have shown on the map... -CJ-
Agreeing on the fact that this pair is in monthly downtrend,i looked at the last peak high from where the down trend started to begin the level count,that is why i went that far back.can you please explain to me what i am missing captain because i try to digest your map but including my understanding of counting levels and it seems that i hit the wall
better be not enough salt than too much salt
  • #1,151
  • Apr 28, 2018 9:28am Apr 28, 2018 9:28am
Quoting bzzz
{quote} Agreeing on the fact that this pair is in monthly downtrend,i looked at the last peak high from where the down trend started to begin the level count,that is why i went that far back.can you please explain to me what i am missing captain because i try to digest your map but including my understanding of counting levels and it seems that i hit the wall
Sorry bzzz, the map has nothing to do with the levels. Maps are created from past patterns that always repeat. The levels come into play on the lower time frames and are used to time the trades as we follow the map. We look for the levels and count on the D1, H4 and H1 to find current trend and then use the 15M to time entry. As you know the levels are on every time frame, but they are not always in sync with each other. This is how we enter and exit the trades, both inline with the map as well as counter trend trades.

If you look at the last run up on the Mn chart, you will see 3 distinct levels. If you drop down through the lower time frames, W, D1, H4 etc, you will see the levels on those as well. The map provides guidance while the lower time frame levels provide detail.

As for your question on L3 or reset, the only way to know that is to map the future of the pair as I did years ago. Reset or continuation is always based on the long term cycle. We have no data on the cycles above the Mn, it is the highest time frame we can chart, but there are much larger cycles in play above that.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,152
  • Apr 29, 2018 1:37am Apr 29, 2018 1:37am
I got an idea from one video, trading follows Psychological expectation. Example support line. Moving average. If Price touches suppots or ma second time, it probably moves away.
Win/Loss Ratio
  • #1,153
  • May 4, 2018 1:29am May 4, 2018 1:29am
Quoting Captain Jack
{quote} Sorry bzzz, the map has nothing to do with the levels. Maps are created from past patterns that always repeat. The levels come into play on the lower time frames and are used to time the trades as we follow the map. We look for the levels and count on the D1, H4 and H1 to find current trend and then use the 15M to time entry. As you know the levels are on every time frame, but they are not always in sync with each other. This is how we enter and exit the trades, both inline with the map as well as counter trend trades. If you look at the...
SIR captain jack ,i wanted o say to u a great thanks.i had understood the markets were manipulated and when u came and show how ,i ttrade now with more confidence and more winnig trades. the only thing i did not see yet is how to make the map(well ,i think i need more time -)).
if anytime u will be in fermany u are wellcome.i am greek but i live -work in germany.
thank u again.
  • #1,154
  • May 5, 2018 5:03am May 5, 2018 5:03am
Quoting tsan
{quote} SIR captain jack ,i wanted o say to u a great thanks.i had understood the markets were manipulated and when u came and show how ,i ttrade now with more confidence and more winnig trades. the only thing i did not see yet is how to make the map(well ,i think i need more time -)). if anytime u will be in fermany u are wellcome.i am greek but i live -work in germany. thank u again.

and because the thema is if we can predict price , i will risk a prediction for the pair usd-jpy
.it is prediction that comes with one mine strategy and of course with captain's jack.
so the price is going to hit the 108.342 .they hit the stop loss from the bulls (they have already bought) and make new shorts BUT after they will lose the game.
the fox in play.
Attached Image (click to enlarge)
Click to Enlarge Name: usd 4h.png Size: 87 KB
  • #1,155
  • May 5, 2018 11:28am May 5, 2018 11:28am
Quoting tsan
{quote} and because the thema is if we can predict price , i will risk a prediction for the pair usd-jpy .it is prediction that comes with one mine strategy and of course with captain's jack. so the price is going to hit the 108.342 .they hit the stop loss from the bulls (they have already bought) and make new shorts BUT after they will lose the game. the fox in play. {image}
Thank for the kind words and invitation, and you are welcome for the shared information. The greatest trick the Devil ever pulled was convincing the world he didn't exist, and the greatest lie the bankers tell is that the Forex markets are random in nature. Same same...

There is no need for you to learn to map price. The greatest thing you can do to give yourself an edge in trading, is to learn how and why the market makers move price. These are generally 9 of the largest banks, which have offices around the world. They all work together, (conspire) if you will, to move price in the best way that benefits them. 24hrs per day. 7 days a week, 365 days per year. It is what they do. Nothing about these markets are random, they are pure manipulation from the tick level up. They create everything in this market, knowing how traders will react to those actions.

As for your "prediction", be careful not to board a train that is traveling in the wrong direction. I have not mapped this pair since 2 years past, and it was an accurate map. UJ is still in a downward cycle on the higher time frames and this will continue. Be advised that the attached "map" is only a hastily composed opinion of what the MM's will do in the near term, with UJ. I post it for your entertainment going forward. There will be some normal retrace action within the longer legs of the movement and this is normal. I have mapped the key points. Be advised, that on smaller time frames, there is more daily or weekly variance within the patterns, so the extremes may be a bit different. It is far easier to map longer term price movements as this variance is absorbed and smoothed in the larger time frame candles.

Lastly, if you expect price to move to your "trap" area to take a trade, is there not a trade available that rides price down to your entry area? As a trader, I trade the movement of price, from point to point. In this case, I would wait for the retest high, then enter a short order for the leg down, reversing my order at each key point.

The final point I wish to make, is that this is an H4 pattern and it will repeat across all higher time frames, at later dates in time.... like a child that grows into the old man, this is the teenager.

Good trading as always

-CJ-

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-05-05_11-24-44UJMn.jpg Size: 175 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-05-05_11-23-14UJW1.jpg Size: 181 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-05-05_11-27-34UJD1.jpg Size: 226 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-05-05_10-56-24H4UJ.jpg Size: 377 KB
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,156
  • May 5, 2018 11:36am May 5, 2018 11:36am
Evertone's understanding of charts is different . HIstory always gives people the illusion of knowing each other , so people always judge the future with history .
I use translation , please forgive me .
  • #1,157
  • May 5, 2018 3:21pm May 5, 2018 3:21pm
Quoting Captain Jack
{quote} Sorry bzzz, the map has nothing to do with the levels. Maps are created from past patterns that always repeat. The levels come into play on the lower time frames and are used to time the trades as we follow the map. We look for the levels and count on the D1, H4 and H1 to find current trend and then use the 15M to time entry. As you know the levels are on every time frame, but they are not always in sync with each other. This is how we enter and exit the trades, both inline with the map as well as counter trend trades. If you look at the...
Good evening traedorians,peace and pips be upon all of you
It was a buuuusy week so sorry for this late reply CJ!
As far as i understand,eventhough counting levels and mapping price are different way to "read" price behavior,they are not supposed to be contradictory at least theoretically,that's why i was trying to incorporate counting levels/pushes (which can be done in every time frames) into your map...With that been said i see your point,as usual your posts contain full of invaluable information that are many times hard to grasp but each time light up a candle in my sleepy brain cells,i can not thank you enough captain.
better be not enough salt than too much salt
  • #1,158
  • May 5, 2018 10:15pm May 5, 2018 10:15pm
Quoting bzzz
{quote} As far as i understand,eventhough counting levels and mapping price are different way to "read" price behavior,they are not supposed to be contradictory at least theoretically,that's why i was trying to incorporate counting levels/pushes (which can be done in every time frames) into your map...
The cycle and levels will be the same as the map when the time frame is the same for both....

The cycles and levels will not always be in sync when you are looking at chart time frames other than the map time frame. There are rare time when synchronicity appears across all time frames.

Go back and look at the EN maps that I have posted...you will see the D1, W and Mn cycles and levels are in sync with the map.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #1,159
  • May 6, 2018 3:53am May 6, 2018 3:53am
Quoting Captain Jack
{quote} Thank for the kind words and invitation, and you are welcome for the shared information. The greatest trick the Devil ever pulled was convincing the world he didn't exist, and the greatest lie the bankers tell is that the Forex markets are random in nature. Same same... There is no need for you to learn to map price. The greatest thing you can do to give yourself an edge in trading, is to learn how and why the market makers move price. These are generally 9 of the largest banks, which have offices around the world. They all work together,...

i feel like a pupil in front of my teacher that i admire and i have him as an example.
i am not a professional trader .i work 8 hours and i have 2 litle girls 8 and 12 years old.so ,i am trying to be a good trader but first a good father.i share all these with u as u have shared yours.

is to learn how and why the market makers move price


wise questions and advice together.
why? the response is to make money. i think they have daily acounts ,weekly acounts and monthly accounts. they must to produce money and to give them to their bosses.that is how i understand why.

please correct me if i telll something wrong

how?i dont understand it yet like u have done it.i am trying to see it in yours writings but i didnt succedded yet.

for the predictions now.
first i see (happily) as u see it in zhe long term (first attachment)

in the 4h chart,the level i gave is wrong.this level is a small reaction only.so 107,938 is the right level and agrees with the map u gave.
my question is that i see only 2 pushes and i wait a third one.where i make wrong teacher?(2 attachment)

(it seems i must go to study again yout writings)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: long term targets.png Size: 128 KB
Click to Enlarge Name: push 1-2-3.png Size: 127 KB
  • #1,160
  • May 6, 2018 4:32am May 6, 2018 4:32am
Quoting Captain Jack
{quote} The cycle and levels will be the same as the map when the time frame is the same for both.... The cycles and levels will not always be in sync when you are looking at chart time frames other than the map time frame. There are rare time when synchronicity appears across all time frames. Go back and look at the EN maps that I have posted...you will see the D1, W and Mn cycles and levels are in sync with the map. -CJ-
Indeed CJ,D1 W and Mn look all in perfect sync even H4 though slightly noisy,got it !
thanks for your time and patience CJ
Since i was following Gbp/Nzd i gave it a try and here is what i came with
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur_nzd_H4.JPG Size: 168 KB
Click to Enlarge Name: mapping_Gbp_Nzd.JPG Size: 166 KB
better be not enough salt than too much salt
5 traders viewing now