Why it is possible to predict price movement? | Page 37 | 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?

  • #721
  • Nov 3, 2015 2:37am Nov 3, 2015 2:37am
Quoting Captain Jack
{quote} Then consider it meaningless if it meets your needs. -CJ-
I do, thanks.
All the best.

Attached Image
  • #722
  • Nov 3, 2015 2:43am Nov 3, 2015 2:43am
Quoting Mingary
{quote} I do, thanks. All the best. {image}
This belongs with your DAX trade mate. All the best...

-CJ-
Attached Image
A man is not defeated when he is beaten, he is defeated when he quits.
  • #723
  • Nov 3, 2015 2:47am Nov 3, 2015 2:47am
Quoting Mingary
{quote} Yes it matters a lot. IMO trading results from a demo are meaningless
+1
  • #724
  • Nov 3, 2015 2:57am Nov 3, 2015 2:57am
Quoting seahorse
{quote} +1
You guys can probably help me out here.... if all of you got together, maybe you could convince the IRS that those trades are meaningless... I'd really appreciate that! How about it? Better hurry though cause I'll need a letter from them soon, end of the year approaching and 4/15 won't be far behind.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #725
  • Nov 3, 2015 3:00am Nov 3, 2015 3:00am
Some of you guys really make me want to BARF!

-CJ-
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-03_3-58-39.jpg Size: 269 KB
A man is not defeated when he is beaten, he is defeated when he quits.
  • #726
  • Nov 3, 2015 3:04am Nov 3, 2015 3:04am
Quoting Captain Jack
{quote} You guys can probably help me out here.... if all of you got together, maybe you could convince the IRS that those trades are meaningless... I'd really appreciate that! How about it? Better hurry though cause I'll need a letter from them soon, end of the year approaching and 4/15 won't be far behind. -CJ-
"Holy Grail" exists - accepting where is the first step.
  • #727
  • Nov 3, 2015 3:05am Nov 3, 2015 3:05am
Good morning everybody peace and pips be upon all of you
CJ i'm very grateful for what you're doing here it is a really great job offering another way to look at the charts i can't thank enough sir,one should never stop learning from you.i've been lurking around less than a week when i took a aus/usd long last week finally it moved today,however your view on aud/jpy made me worry a bit(as they are correlated)so can you please shed a light on this one please?
success for all of you
better be not enough salt than too much salt
  • #728
  • Nov 3, 2015 3:17am Nov 3, 2015 3:17am
Quoting bzzz
Good morning everybody peace and pips be upon all of you CJ i'm very grateful for what you're doing here it is a really great job offering another way to look at the charts i can't thank enough sir,one should never stop learning from you.i've been lurking around less than a week when i took a aus/usd long last week finally it moved today,however your view on aud/jpy made me worry a bit(as they are correlated)so can you please shed a light on this one please? success for all of you
I normally don't give trade advice to others, but since I tried to help Mingary out of his DAX short, I'll say this... we are near the high for AUDJPY, AUDCHF...etc... once they fill their coffers with orders, this pair as well as AUDCHF is heading steeply lower.... there is "RED NEWS" again later today and they like to use that as cover for what they do... This is my expectation and I will be trading it with large money on my "demo" accounts...

This decline will be deep and lengthy.... after which I may not trade again for a long, long time!

They may play it like so.... retrace the rest of today and bump it again to entice longs for the so called AUD "news" event tonight..

-CJ-
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-03_4-20-03.jpg Size: 391 KB
A man is not defeated when he is beaten, he is defeated when he quits.
  • #729
  • Nov 3, 2015 3:30am Nov 3, 2015 3:30am
I didn't mean to bother you sir sorry if i did, thank you so much for your help and best wishes to you
of course from what i read before gbp/aud has another story,hummm!
better be not enough salt than too much salt
  • #730
  • Nov 3, 2015 3:32am Nov 3, 2015 3:32am
Capitan Jack I would like to ask you about count cycle. Is it correct to buy at 2 level as like I mark it on charts?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cycle.png Size: 28 KB
Click to Enlarge Name: GBPJPYH4.png Size: 65 KB
Click to Enlarge Name: GBPUSDH4.png Size: 53 KB
  • #731
  • Nov 3, 2015 3:35am Nov 3, 2015 3:35am
Quoting seahorse
{quote} +1
If folks are agreeable, maybe the next time I do this, we can sell some cheap tickets at the door and fund some REAL accounts for "traders" like Mingary, Kong, gravitist, let's see, who's this...oh yeah... seahorse and let them give it a go!


-CJ-
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-11-03_4-30-26.jpg Size: 134 KB
A man is not defeated when he is beaten, he is defeated when he quits.
  • #732
  • Nov 3, 2015 3:38am Nov 3, 2015 3:38am
Quoting Dariusek
Capitan Jack I would like to ask you about count cycle. Is it correct to buy at 2 level as like I mark it on charts? {image} {image} {image}
YES!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #733
  • Nov 3, 2015 3:42am Nov 3, 2015 3:42am
Quoting bzzz
I didn't mean to bother you sir sorry if i did, thank you so much for your help and best wishes to you of course from what i read before gbp/aud has another story,hummm!
It's no bother, it's just that I want people to make their own trade decisions since I am not seated beside them while they trade.... all too often in threads such as this, trade entry, exit and management questions are posed by people who are not interested in learning to improve their skills, but instead, seek trade signals instead.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #734
  • Nov 3, 2015 3:46am Nov 3, 2015 3:46am
There are people making a killing everyday in my home forum,, not trading as I do, but using the info I have tried to bring forth, and incorporating it into their own styles and comfort zones. This is what I strive for and they achieve it. If you haven't been there, it's worth a visit....

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #735
  • Nov 3, 2015 3:49am Nov 3, 2015 3:49am
Quoting Captain Jack
{quote} It's no bother, it's just that I want people to make their own trade decisions since I am not seated beside them while they trade.... all too often in threads such as this, trade entry, exit and management questions are posed by people who are not interested in learning to improve their skills, but instead, seek trade signals instead. -CJ-
definitely not looking for trade signal sir,looking to learn how to fish instead,just wanted to understand why and how you see it and trying to improve and filter out my humble understanding from weakness
better be not enough salt than too much salt
  • #736
  • Nov 3, 2015 3:52am Nov 3, 2015 3:52am
Quoting Captain Jack
There are people making a killing everyday in my home forum,, not trading as I do, but using the info I have tried to bring forth, and incorporating it into their own styles and comfort zones. This is what I strive for and they achieve it. If you haven't been there, it's worth a visit.... -CJ-
It's time for breakfast a cup of coffee... back later....

Better set these before I go....

-CJ-
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-11-03_4-50-16.jpg Size: 315 KB
Click to Enlarge Name: 2015-11-03_4-55-10.jpg Size: 325 KB
A man is not defeated when he is beaten, he is defeated when he quits.
  • #737
  • Nov 3, 2015 4:03am Nov 3, 2015 4:03am
Quoting Captain Jack
There are people making a killing everyday in my home forum,, not trading as I do, but using the info I have tried to bring forth, and incorporating it into their own styles and comfort zones. This is what I strive for and they achieve it. If you haven't been there, it's worth a visit.... -CJ-
Hello Captain Jack:

I like your great sense of humor

On page 14, post 262 you mentioned "untreated resistance". What is that ?

And what time frames do you trade ?

Also what are your favorite pairs to trade ?

I will definitely visit your home forum .

Thanks

Borg
May the Forex be with you.
  • #738
  • Nov 3, 2015 4:06am Nov 3, 2015 4:06am
Quoting Captain Jack
{quote} If folks are agreeable, maybe the next time I do this, we can sell some cheap tickets at the door and fund some REAL accounts for "traders" like Mingary, Kong, gravitist, let's see, who's this...oh yeah... seahorse and let them give it a go! -CJ- {image}

I've been watching man.. It gets funnier every day .. keep going. Enjoying the show

beep beep (that's traffic)
  • #739
  • Nov 3, 2015 4:07am Nov 3, 2015 4:07am
In the case of AudJpy, is it not already at level 2 down on the weekly?
Good Trading
  • #740
  • Nov 3, 2015 4:10am Nov 3, 2015 4:10am
Forecasts made by different assays can vary greatly, and even contradict one another. 100% option to predict the price movement is not and can not be, because it is impossible to anticipate all factors affecting the exchange rate.

From my own experience I can say that the newcomers no type of analysis does not help, because it is only with experience you realize that there may be unpredictable "leaps" prices on hundreds of items, and even if the correct definition of the general trend, you can lose money if deposit not withstand the drawdown. At the same time, in the forex market it is better to use the data analytics that have little to represent a possible future price movement.
Personally, I do not bother and go into the basics of forex analysts, and ready to use for this forecast by professionals who are without any problem can be found on the Internet, as well as they are on the websites of brokers.

At the same time I do not use predictions from only one source. I find predictions of 4-5 analysts and try to combine them (if different) and to determine the most likely or average option. This method does not always work perfectly, but in general helps to have an idea of ​​the possible movement of the price and with the right control the opening / closing of orders - quite productive.
1 trader viewing now