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Why it is possible to predict price movement?

  • #841
  • Nov 3, 2015 11:21am Nov 3, 2015 11:21am
"acts of philanthropy" by teaching people how to trade in a negative sum market yeh cos that sounds right
  • #842
  • Nov 3, 2015 11:22am Nov 3, 2015 11:22am
i havent seen paul tudor jones on here telling everyone how to trade
  • #843
  • Nov 3, 2015 11:53am Nov 3, 2015 11:53am
Quoting tashkent
my worries are increasing and do not like where these talks heading to. it all starts just like that. you have been warned.
the show is over guys, everybody go home now.
As Above, So Below
  • #844
  • Nov 3, 2015 12:14pm Nov 3, 2015 12:14pm
Quoting tashkent
{quote} the show is over guys, everybody go home now.


It was fun

Inserted Video
H.D
  • #845
  • Nov 3, 2015 12:27pm Nov 3, 2015 12:27pm
why so negative people? IMHO The aim here should be to learn more to get the 'extra edge' even if you are good trader because not even one expert trader is right all the time!!! forex will always be forex and some people can never be a good trader I suppose
-CKB
  • #846
  • Nov 3, 2015 12:58pm Nov 3, 2015 12:58pm
In general no, but playing with the possibilities , for some assets , yes , and this can happen with stocks , and only if you are the market maker and you have lots of money. But for big timeframes , more than day frames , yes you can do it , with a lot of possibilities . nothing can be sure , and there is no safe prediction.
life is like that and the markets are the same.
  • #847
  • Nov 3, 2015 1:59pm Nov 3, 2015 1:59pm
Quoting taomql4
{quote} Thanks Cap .. Hopefully , If all goes well we can rob some banks together .. Looking for a Supply zone to SHORT this Pair GBPUSD (1hr Chart) .. I don't think it's going to go much higher before a Fall .. See Ya , Tomorrow .. {image}
Update from the Post I made Yesterday .. The Pattern pretty much came out as expected ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU Short term Forecast.JPG Size: 135 KB
Click to Enlarge Name: GU Short term Forecast_3.JPG Size: 140 KB
  • #848
  • Nov 3, 2015 2:11pm Nov 3, 2015 2:11pm
Quoting taomql4
{quote} Update from the Post I made Yesterday .. The Pattern pretty much came out as expected .. {image} {image}
I'd say you have it tuned in fairly well...is it a neural net... does it "learn" or store it's patterns in memory or a database??

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #849
  • Nov 3, 2015 3:43pm Nov 3, 2015 3:43pm
Quoting Davit
Tomorrow crude will get hammered which means all CAd pairs will weaken. If you like to buy the CAD wait for tomorrow after Data ADP and how crude reacts. Here is interesting observation Normally when crude goes up CAD drops (or gets strong) Today we had Crude going up and CAd going up. Think how much distance UC will go up should crude plummet to 45.5 This dance with crude has been very lucrative for me. {image}
Hello Davit:

Can you explain why you believe "crude will get hammered" tomorrow ?

Thanks

Borg
May the Forex be with you.
  • #850
  • Nov 3, 2015 3:57pm Nov 3, 2015 3:57pm
Quoting Borg
{quote} Hello Davit: Can you explain why you believe "crude will get hammered" tomorrow ? Thanks Borg
Crude has been cyclical for months trading in tight range 40-48-50
Strong USD =Lower Crude so before major events like ADP GDP and so on usually MM's push then dump after release.Its very close to peak to be dumped again back to 45'sh
Should ADP come out very green anticipate rabid decline of crude.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #851
  • Nov 3, 2015 8:49pm Nov 3, 2015 8:49pm
Quoting Davit
{quote} Crude has been cyclical for months trading in tight range 40-48-50 Strong USD =Lower Crude so before major events like ADP GDP and so on usually MM's push then dump after release.Its very close to peak to be dumped again back to 45'sh Should ADP come out very green anticipate rabid decline of crude. Regards
Hello Davit:

Brilliant – Thanks.

When you talk about the price of crude oil what chart are you looking at ? Do you have a link ?

Also any thoughts on the stock market ? Looks like the bears are getting their heads handed to them. So much negative news and the stock market just keeps going up and up. I'm beginning to think that there will be new highs before the end of the year and most likely sooner rather than later.

Borg
May the Forex be with you.
  • #852
  • Nov 3, 2015 9:54pm Nov 3, 2015 9:54pm
Quoting Captain Jack
{quote} I'd say you have it tuned in fairly well...is it a neural net... does it "learn" or store it's patterns in memory or a database?? -CJ-
hello captain, do you know crucialpoint ?
  • #853
  • Nov 3, 2015 10:28pm Nov 3, 2015 10:28pm
Quoting Captain Jack
{quote} Thanks, some of the comedians in here bring it out of me! I think you are referring to a chart with some closed trades on it? If so, that is not mine, but from the other forum and the trader uses an indicator to help him determine the levels. You won't see any of that on my charts. I believe his indicator is SupDem or something similar that shows the levels of supply and demand. I started trading on the D1 and H4 periods as I worked long hours and couldn't watch the trades like I do now... I trade all time frames and will take a trade...
Hello Captain Jack:

Can you explain what you mean by “my trades are usually held to the next retrace” ? Do you mean you hold them to the next level of support or resistance ?

Thanks

Borg
May the Forex be with you.
  • #854
  • Nov 3, 2015 11:04pm Nov 3, 2015 11:04pm
Quoting metta87
{quote} hello captain, do you know crucialpoint ?
No, not at all.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #855
  • Edited 11:48pm Nov 3, 2015 11:31pm | Edited 11:48pm
Quoting Borg
{quote} Hello Captain Jack: Can you explain what you mean by my trades are usually held to the next retrace ? Do you mean you hold them to the next level of support or resistance ? Thanks Borg
No, if you look at some of the trades I made earlier, I held most of them until the next turn in price. It would not have to be at a S/R level, it can be while trading structure or a pattern, such as am "M" or "W", whereby I would enter or exit the trade, or reverse a trade at the turn of each new leg of the pattern. I normally don't hold a trade during a change in direction of the pattern that I am trading.

I place a large number of trades, close together and use a close all script to end the progression and or reverse it at each turn of the pattern... if that makes any sense to you. A lot of it depends on the time period and the size of the patterns being traded.

These are some of the trade plots from the trades I made earlier... they are large lot trades of short duration. If time or responsibility does not allow me to closely monitor these trades, I will then look for a more traditional entry-exit setup with a smaller lot size om initial trade and pending orders to add trades over a longer time period. Then I will look for one of the S/R areas to set a TP target.

When I trade structure as earlier it is more or less following price with each change, whereas on the longer, smaller lot size trades, trades will be held during minor price changes, and exited before a major change is expected.

The chart below is a 15M. When I trade like this, I usually have 3 charts open on the pair I'm trading, 1M, 5M and 15M, watching structure shape on the larger and timing entry and exit on the smaller time period charts.

-CJ-
Attached Image
A man is not defeated when he is beaten, he is defeated when he quits.
  • #856
  • Nov 3, 2015 11:36pm Nov 3, 2015 11:36pm
Quoting Captain Jack
{quote} I'd say you have it tuned in fairly well...is it a neural net... does it "learn" or store it's patterns in memory or a database?? -CJ-
Precisely , but keep in mind with these things it's what you feed them(inputs) that matters ..
U know the saying " Garbage in , Garbage out .."
And for those wondering, I don't intend on selling anything on here .. lol
I think it's rather funny to have something that maybe works , and then sell it ...
Am just showing " The Possibilities.."
Folks always have to keep an open mind as Traders...
And Yes , even on so called " lagging indicators.."(like I stated before)


This is what I have for the next 24hrs ...I'm looking to open up some sell orders ...
. Lots of "News" tomorrow , so it's going to be interesting to see how
the pattern plays out ....
Attached Image (click to enlarge)
Click to Enlarge Name: GU Short term Forecast.JPG Size: 136 KB
  • #857
  • Nov 3, 2015 11:55pm Nov 3, 2015 11:55pm
Quoting taomql4
{quote} Precisely , but keep in mind with these things it's what you feed them(inputs) that matters .. U know the saying " Garbage in , Garbage out .." And for those wondering, I don't intend on selling anything on here .. lol I think it's rather funny to have something that maybe works , and then sell it ... Am just showing " The Possibilities.." Folks always have to keep an open mind as Traders... And Yes , even on so called " lagging indicators.."(like I stated before) This is what I have for the next 24hrs ...I'm looking to open up some sell...
It should be very effective as you have it since you really only need one good trade setup to profit. I basically find a good setup for a trade, make an entry and when PA matches my expectation, I will pile on more trades and continue to do so until the next change in direction, whereby the progression is closed out. I take maximum advantage of my margin when doing so. It is easier to stack 5-10-20-30 or more trades in a progression, than to find that many individual trades across 28 pairs, making perfect entry and exit on each with smaller lot sizes. 50 pip moves will make you rich.

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
  • #858
  • Nov 4, 2015 12:11am Nov 4, 2015 12:11am
Quoting tashkent
{quote} the show is over guys, everybody go home now.
There's always the thick skin who insist to continue the monkey show.
  • #859
  • Nov 4, 2015 12:22am Nov 4, 2015 12:22am
Quoting Captain Jack
{quote} Good explanations there, thanks for the input. There's another indication that those pins point to a turn...they widen the spread during the formation of the wick. Open up an order box and you can watch it. You won't find this stuff anywhere but from me and those who are studying the methods if you call it that. I started it on a private forum and decided to move it out to the public forums. There's some mirroring of the info on some Polish forums, I know because they ask for my permission, which I had no problem with and there are some...
Hello Captain Jack:

Can you explain what you mean by "price mapping" ? Do you mean marking up the chart with the major s/r levels ?

Also congratulations on your GBPAUD prediction ? Looks like it is on its way down just like you said it would do.

Cheers

Borg
May the Forex be with you.
  • #860
  • Nov 4, 2015 12:38am Nov 4, 2015 12:38am
Quoting Borg
{quote} Hello Captain Jack: Can you explain what you mean by "price mapping" ? Do you mean marking up the chart with the major s/r levels ? Also congratulations on your GBPAUD prediction ? Looks like it is on its way down just like you said it would do. Cheers Borg
Price mapping is the projection of price into the future and I will follow those maps as a guide to my trading.

As for GBPAUD, it's not magic, just the market cycles and the structures formed by those cycles. This pair will have 3 levels of price drop leading to a new peak low, followed another new cycle.

I probably made that GBPAUD prediction on a demo chart and saved it until after the fact ..... Hahahaha!!

-CJ-
A man is not defeated when he is beaten, he is defeated when he quits.
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