I used the simplest logic of them all in this indie: Is it above/below the 50 line?  hence the straight lines….

Just for demo of RSI common denominator.

Later on I’ll post the DIFF between my Spaghetti USD and the USD_index (known trade ballance of USD, already posted formula).

G.

I used the simplest logic of them all in this indie: Is it above/below the 50 line, hence the straight lines….

Just for demo of RSI common denominator.

Later on I’ll post the DIFF between my Spaghetti USD and the USD_index (known trade ballance of USD, already posted formula).

G.

I tried to attach the relevant PDF’s (books you mentioned, I have them) but it failed, as you can see from the system message.

I’ll try again later.

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We had a combined effect of both the BOE announcement AND the NFP, which mostly affect the USD & the correlated JPY .

GBPAUD & GBPNZD already fullfilled the 60% retracement LAW after large move, and a bit more.

Now waiting for the GBPUSD & GBPJPY to retrace to that level, at least.

I suspect that next week opening will be with a gap on both…[Read more]

GBPAUD & GBPNZD already fullfilled the 60% retracement LAW after large move, and a bit more.

Now waiting for the GBPUSD & GBPJPY to retrace to that level, at least.

I suspect that next week opening will be with a gap on both GBPUSD & GBPJPY.

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GBPAUD & GBPNZD already fullfilled the 60% retracement LAW after large move, and a bit more.

Now waiting for the GBPUSD & GBPJPY to retrace to that level, at least.

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GBPAUD & GBPNZD already fullfilled the 60% retracement LAW after large move, and a bit more.

Now waiting for the GBPUSD & GBPJPY to retrace to that level, at least.

G.

I also expressed my doubts about understanding proper calculations of Normalization.

This one is based on RSI strength comparison, and actually fits the price chart, IMHO.

(Red=GBP, Green=USD. All other currencies eliminated for clarity)

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I also expressed my doubts about proper calculations of Normalization.

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Attached…

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…”

Evidence Based Technical Analysis  rejects all subjective, interpretive methods of Technical Analysis as worse than wrong, because they are untestable. Thus classical chart patterns, Fibonacci based analysis, Elliott Waves and a host of other ill defined methods are rejected by Evidence Based Technical Analysis  . Yet there are numerous pr…[Read more]

Attached: …

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Attached: …

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Attached: …

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Rules of the “Game”:

1. Accept the FACT that there is NO Open, High, Low, Close in any TimeFrame. The market is continous. What you see on the charts is just a “sampling rate” and snapshot.

2. 5 bars/candles in M1 == 1 M5 bar, 3 bars/candles in M5 == 1 M15 bar, etc…, so there is really no “Close”…

3. There are just a few TRUE TimeFrames…[Read more]

I have a program that tracks large moves, their size and time till retrace.

The reason for building such a program: I have no memory…

That one (13 Oct, 2015) was quite similiar in size but it was during active trading hours. Now it’s toward the sleepy Asian session, and NFP is coming…

In any case, I’m going to “heavy” trade this one…[Read more]

On October 13, 2015 , GBPUSD M30, you can see almost the same patterm. It took about 7 hrs to start climbing back.

Let’s see this one…

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BOE just crashed the GBP with their Inflation Report.

It’s a chance to trade the retracement, i.e. LONG, of at least 60%-70% of that move on GBPUSD, GBPNZD, GBPAUD, GBPJPY after price settle down.

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BOE just crashed the GBP with their Inflation Report.

It’s a chance to trade the retracement, i.e. LONG, of at least 60%-70% of that move on GBPUSD, GBPNZD, GBPJPY after price settle down.

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I don’t understand what you don’t understand from his “parallel lines”.

It’s really simple: one of them is “magnetic”.

You can choose which one, and he’s kind enough in providing a lot to choose from, and you even got different choice of colors ….  ;-}

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