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Why it is possible to predict price movement?

  • #961
  • Nov 14, 2015 10:59am Nov 14, 2015 10:59am
this thread sure has changed it's direction with the arrival of skyway and ztop....not in a bad way either...

Quote
I sense that there's a strong rejection when someone else, other than yourself, is able predict future price behaviour or movement. This claim seems to make you feel uncomfortable with yourself that makes you pretty defensive to the extent that you literally 'criminalise' this claim of ability to 'predict'. Your inability is simply summarised under lack of knowledge which stems from your unbelief that it's possible to ' predict' future price behaviour/ movement. If you firmly believe that you cannot 'predict' then you are putting on trades with...

VERY true...an open mind is the best way to approach markets...not a closed one..the closed mind says, "there is no way I could afford that." while the open mind changes his entire outlook with a very small adjustment: "How could I afford that?"

"there's no way price can be predicted in any way shape or form"

OR

"There may compelling evidence based on what I've seen - where might I start to look?"

"That glass is half empty."

OR

"Hmm...the glass isn't empty - there's water in it."

The MIND and state that we choose it to be in determines which approach you take and you are in complete control of what you let your mind tell you and convince you of based on your own fears. Our outcomes are a direct reflection of this.
"Holy Grail" exists - accepting where is the first step.
  • #962
  • Nov 14, 2015 11:00am Nov 14, 2015 11:00am
Quoting jsf
{quote} You are 500 pips down! I am glad I can't predict like you.
Same way my plus 1000pips trades were all in drawdown. But I closed all in profit. Youre ignorant
  • #963
  • Nov 14, 2015 11:35am Nov 14, 2015 11:35am
Quoting VaBikePacker
this thread sure has changed it's direction with the arrival of skyway and ztop....not in a bad way either... {quote} VERY true...an open mind is the best way to approach markets...not a closed one..the closed mind says, "there is no way I could afford that." while the open mind changes his entire outlook with a very small adjustment: "How could I afford that?" "there's no way price can be predicted in any way shape or form" OR "There may compelling evidence based on what I've seen - where might I start to look?" "That glass is half empty." OR "Hmm...the...
Some of Henry Ford's best quotes:

“The man who thinks he can and the man who thinks he can't are both right. Which one are you?”
― Henry Ford

“Thinking is the hardest work there is, which is probably the reason so few engage in it.”
― Henry Ford

“If you always do what you’ve always done, you’ll always get what you’ve always got.”
― Henry Ford

“One who fears failure limits his activities.
Failure is only the opportunity to more
intelligently begin again.
”
― Henry Ford

“I cannot discover that anyone knows enough to say definitely what is and what is not possible.”
― Henry Ford

“Don't find fault. Find a remedy.”
― Henry Ford

“That is the way with wise people—they are so wise and practical that they always know to a dot just why something cannot be done; they always know the limitations. That is why I never employ an expert in full bloom. If ever I wanted to kill opposition by unfair means I would endow the opposition with experts. They would have so much good advice that I could be sure they would do little work.”
― Henry Ford, My Life and Work
It never gets easier, you just get better
  • #964
  • Nov 14, 2015 11:47am Nov 14, 2015 11:47am
Quoting Shabs19
{quote} Some of Henry Ford's best quotes: The man who thinks he can and the man who thinks he can't are both right. Which one are you? ― Henry Ford Thinking is the hardest work there is, which is probably the reason so few engage in it. ― Henry Ford If you always do what youve always done, youll always get what youve always got. ― Henry...
Nice...

Henry Ford played a role in the start of another business he's not very renowned for - it involved the waste wood of the model T - can you name it?

The point being that even the parts we think aren't worth consideration might be, so, you might as well take the deepest look you can at them...there's no telling what's lurking just waiting for your discovery.

a bit of a paraphrase/expound: Insanity = doing the same thing and expecting a different result.

2 + 2 = 4

Decisions + Actions = results

2+2 doesn't nor will it ever equal 5.

If you want 5, something on the left side has to change, even by a little bit, it will have to for the results you're looking for to become reality.

Results work the same way. If you're not happy with your current results, something on the left side of = must change. We become what we repeatedly do and think, therefore, excellent is a habit.

Mindset works the same way.

Beliefs work the same way.

Perceptions work the same way.

7 words of any dying business or losing trader: I've done it that way for years. (Look..I get that I've is technically two words...so don't even go there...)

EDISON went through 1000's of tries before inventing the lightbulb. Imaging how crazy he was thought to be at the time. Imagine some of the things he tried that at first he thought he was way off base for even trying. I'm sure there are some of those things that didn't produce anything but wasted time, but I'm also sure there were things he tried that he had no idea would be as profound as they were. WD-40 isn't called WD-1...it took them 40 tries....
"Holy Grail" exists - accepting where is the first step.
  • #965
  • Nov 14, 2015 11:54am Nov 14, 2015 11:54am
Quoting jen101
{quote} Is it something you've achieved only in the last 37 days risking only $70?
And he has open positions for a total of 25% drawdown, but of course its all predicted and they will turn all green very soon, right?
It's funny how those Elite 5% Grandmasters get exposed in no time as soon as they show what they actually do.
  • #966
  • Nov 14, 2015 12:18pm Nov 14, 2015 12:18pm
Quoting VaBikePacker
{quote} Nice... Henry Ford played a role in the start of another business he's not very renowned for - it involved the waste wood of the model T - can you name it?
Quitters never win, Winners never quit.

https://en.wikipedia.org/wiki/Kingsford_%28charcoal%29
It never gets easier, you just get better
  • #967
  • Nov 14, 2015 12:24pm Nov 14, 2015 12:24pm
Take care of your thoughts, because they will become words.
Take care of your words, because they will become actions.
Take care of your actions, because they will become habits.
Take care of your habits, because they will become your character.
Take care of your character, for it will form your destiny – and your destiny is your life.

~ Talmud
  • #968
  • Nov 14, 2015 12:38pm Nov 14, 2015 12:38pm
Quoting ztop
....

Quoting skyway
...

there are advanced versions of crystal ball (you call it special indicators for order flow), made in china, at special price in Walmart until last...Is it comparable to version you have? Check it out and buy while you can...It is good deal.
  • #969
  • Nov 14, 2015 12:59pm Nov 14, 2015 12:59pm
Quoting Shabs19
{quote} Quitters never win, Winners never quit. https://en.wikipedia.org/wiki/Kingsford_%28charcoal%29


"Holy Grail" exists - accepting where is the first step.
  • #970
  • Nov 14, 2015 1:01pm Nov 14, 2015 1:01pm
i like your sense of humor. It shows some wit. lol
Sorry but I don't know of any such indicator or marketplace and I've been to China! I lived there for two years.

And unlike you I don't invest in those type of indicators. THEY DON'T WORK! You may waste your money on them but I won't! he he
I can't believe you're really pushing guessing over predicting.
Is that really logical? or practical? or common sense?
Do you even trade? DO YOU EVEN TRADE?

SHOW ME YOUR BRILLIANCE! SHOW ME HOW "GUESSING" CAN OFFER CONSISTENT, RELIABLE, AND PROFITABLE RESULTS!
Here's your pitch. 95% of all traders are worse guessers than the 5 percent that make money! The 5% that make money are just better and more consistent
guessers! LOL now that's funny! That's a hard line to sell to smart people.
  • #971
  • Nov 14, 2015 1:21pm Nov 14, 2015 1:21pm
Quoting ruma29
{quote} {quote} there are advanced versions of crystal ball (you call it special indicators for order flow), made in china, at special price in Walmart until last...Is it comparable to version you have? Check it out and buy while you can...It is good deal.
rUMA-- just so you know-- I checked your previous posts. I wanted to understand where you are coming from.
I can tell from your posts that you haven't been doing this long.
Please get some experience before you start telling others what's real and isn't real.
You're the type of poster that makes it difficult for others to know what works and doesn't.
Maybe you're trying to have some fun? But it isn't helping others that really want to know.
You should be asking good probing questions not offering inexperienced advice.

I won't respond to any more of your posts. Good luck in trading.
  • #972
  • Edited 2:19pm Nov 14, 2015 1:30pm | Edited 2:19pm
Quoting ztop
{quote} rUMA-- just so you know-- I checked your previous posts. I wanted to understand where you are coming from. I can tell from your posts that you haven't been doing this long. Please get some experience before you start telling others what's real and isn't real. You're the type of poster that makes it difficult for others to know what works and doesn't. Maybe you're trying to have some fun? But it isn't helping others that really want to know. You should be asking good probing questions not offering inexperienced advice. I won't respond to...
yes he is a not actually asking anything only the conclusion .the conclusion does not help if he and others dont ask the theor
  • #973
  • Nov 14, 2015 2:28pm Nov 14, 2015 2:28pm
Quoting Mag357
{quote} And he has open positions for a total of 25% drawdown, but of course its all predicted and they will turn all green very soon, right? It's funny how those Elite 5% Grandmasters get exposed in no time as soon as they show what they actually do.
You have the link just check later. Like magic. Watch the account grow. Those trades will all be closed in profit. I myself will post the link here again when all 6trades have been closed in profit. I was once like you hating eurusdd until I saw the light.
  • #974
  • Nov 14, 2015 4:31pm Nov 14, 2015 4:31pm
Quoting ztop
{quote} hmmm? predicting price isn't an easy thing. Here's my dilemma and a little history. I've been to tons of webinars and have taken some courses. I'm sure there are good courses out there. But they didn't meet my mentality. I don't like to guess or feel that I have no control when taking a trade. I tried to learn from others but I felt I needed more than what they offered. So I dropped taking any courses or webinars. I decided to study it on my own. I had to answer questions that no one else could answer for myself. Supply and demand zones...

Hello ztop:

Great post.

I am curious ?

Do your price behavior indicators use price only as inputs.

Also how do you trade the news/fundamentals ? Do you simply exit before a major news event or do some thing else ?

Thanks

Borg
May the Forex be with you.
  • #975
  • Nov 14, 2015 7:33pm Nov 14, 2015 7:33pm
Shabs19 and alexx90 Thanks for those Great Quotes
May the Forex be with you.
  • #976
  • Nov 14, 2015 7:57pm Nov 14, 2015 7:57pm
Quoting VaBikePacker
...2+2 doesn't nor will it ever equal 5....
-20=-20
16-36=25-45
4^2-(9x4)=5^2-(9x5)

4^2-(9x4)+81/4=5^2-(9x5)+81/4
(4-9/2)^2=(5-9/2)^2

4-9/2=5-9/2
4=5
2+2=5
---------------
2+2-4=5-4
0=1
  • #977
  • Nov 14, 2015 8:56pm Nov 14, 2015 8:56pm
Quoting ruma29
{quote} -20=-20 16-36=25-45 4^2-(9x4)=5^2-(9x5) 4^2-(9x4)+81/4=5^2-(9x5)+81/4 (4-9/2)^2=(5-9/2)^2 4-9/2=5-9/2 4=5 2+2=5 --------------- 2+2-4=5-4 0=1
Hello ruma29:

Very clever.

(4-9/2)^2=(5-9/2)^2 is true because squaring a number always results in a positive number.

But removing the exponent results in
(4-9/2) = -0.5
(5-9/2) = 0.5

So 4-9/2 <> 5-9/2

Exponential operations are not a distributive property like multiplication.

A fun post though

Borg
May the Forex be with you.
  • #978
  • Edited 9:40pm Nov 14, 2015 9:16pm | Edited 9:40pm
Predict = forecast if the future price may rise or fall deduced from observable past occurrences that reflect a - common sensible, in tune with logic and known science that is measurable - basis which is known to remain unchanged during the occurrence of the future event, eg. if you drop an object it will fall, therefore you are able to predict fall when you release the object from your fingers where this falling process is a future occurrence.

Guess = you suppose the future price will rise or fall without proper basis or sufficient info to substantiate why something may happen in the future.

Statement 1 - sell high, buy low

Statement 2 - price rise(uptrend) trade long, price fall(downtrend) trade short

Think deep about these two famous quotes to see the extent of fact, fallacy, corellation, and how 'predict' fits in to negate the gaps.
  • #979
  • Nov 14, 2015 9:44pm Nov 14, 2015 9:44pm
figures the real mathematicians would show up...lol...

well played guys...well played....but I ain't changing my opinion on actions + decisions = results....
"Holy Grail" exists - accepting where is the first step.
  • #980
  • Nov 16, 2015 4:53am Nov 16, 2015 4:53am
Quoting ephisi
{quote} Same way my plus 1000pips trades were all in drawdown. But I closed all in profit. Youre ignorant
I may be ignorant but if I could predict price I would trade in the direction of the 1000 pips and then back making 2000 pips instead of sitting through weeks of DD.

Just a thought though, you are obviously a better trader than me.

Then again if your account can stand a 1000 pip DD, then the lots are so small you may as well trade Demo since there is no emotion involved, not so?
When all conditions are met - Enter trade - sit back and FRET !!!
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