News/Announcements trading (the 60% Law) is currently in the GREAT pipatronic “VIDEO” thread.

It started as pip remark there, but certainly deserve a thread of its own.

G.

News/Announcement trading (the 60% “Law”) is a special and separate issue, but it uses the same underlying physics.

You can consider the News/Announcements as a sudden water flood (caused by excess water, i.e. increased Volume) followed by fast retracement as water rapidly resides (Volume returns to normal flow).

G.

News/Announcement trading (the 60% “Law”) is a special and separate issue.

G.

You can use Gadi_OBV from “Killing Zone” @FF.

ForexGT_Activity is more advanced version, currently not shared.

G.

The “…Never mind what happened in between…” is categorically and absolute, no exceptions.

If you have some Fibo and/or Support/Resistance and/or any other “voodoo” stuff in between – do yourself a favor and ignore them…

G.

The “…Never mind what happened in between…” is categorically and absolute, no exeptions.

If you have some Fibo and/or Support/Resistance and/or any other “voodoo” stuff in between – do yourself a favor and ignore them…

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

On True Bars/Candles:

Each space between the vertical lines (based on Gadi_OBV, or later ver.) represent one True Bar/Candle.

From Trough to Peak (Yellow to Red dot) is a true UP bar.

From Peak to Trough (Red to Yellow dot) is a true DOWN bar.

Never mind what happens in between.

G.

on Water Level:

Water-Level cannot be fixed, as one suggested.

Water-level rises (Range Extend) as Volume increase, and vice-versa.

We need to “see” the Volume/Range relationship in order to predict future move of the range.

G.

On Donchian:

I suggest you try my “Anti Donchian” strategy…

On every Donchian upper breakout, instead of going LONG, go pending SHORT (Sell-Stop) on that exact same breakout level.

Do the same for the opposite breakout.

Report your success rate comparing the std. Donchian “rule” vs. my “Anti Donchian”…

I can save you the trouble -…[Read more]

Well, we don’t know where price been, or visited, the longest TIME. You’ll get an answer for that if you use a “Market Profile” indicator.

The whole idea of this thread is to detach ourselves from the standard Time/Price, which is sample-rate based (TF) and not truely representative.

Also, there is no clear evidence that “staying longer”, or…[Read more]

Relative Currency Strength, based on percent movement from previous sample, should sum up to “0”.

Absolute Currency Strength doesn’t require to sum up to “0”.

G.

Remember that when Currency Strength indicator is reliable, logical and properly coded, the total sum of all values (all 8 major currencies) should be “0”.

You can use that knowledge to further exploit a properly coded CS indicator by looking for ocassional deviations from that required “0”, and use its direction to your advantage.

G.

On True bar/Candle:

True Bar/Candle is where Gadi_OBV changes direction (red/yellow dot).

Calculate that Bar/Candle proportions (or Strength) and You’ll know the next TRUE bar direction (>90% probability).

G.

True bar/Candle:

True Bar/Candle is where Gadi_OBV changes direction (red/yellow dot).

Calculate that Bar/Candle proportions (or Strength) and You’ll know the next TRUE bar direction (>90% probability).

G.

On True Bars/Candles and Market Sentiment:

By now you should have an indicator that shows “channels”, one within the other (based on the picture in post #9085).

Since we know that the water level increases when water amount increase (Volume – range extended),

and we know what was the water level at “normal” water amount,

and we know that there…[Read more]

On True Bars/Candles and Market Sentiment:

By now you should have an indicator that shows “channels”, one within the other (based on the picture in post #).

Since we know that the water level increases when water amount increase (Volume – range extended),

and we know what was the water level at “normal” water amount,

and we know that there is…[Read more]

For me, when something “means nothing” it’s simply ignored… doesn’t exist… not there… NADA…

But your previous argument stated its importance as “wait for close”, “every indicator is based on close”… etc.

But let’s close this argument.

G.

There is no “X close” in the “river profile”. read again…

It uses the range (max/min) which are the only true facts within that TF.

My “R” statistical tests, on milions samples, on every std indicator showed no significant results. And there are others that also confirmed that.

“Enter on bar close”, “candle patterns”, etc. – requires real…[Read more]