gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 5 months ago
It’s because of the good news on the USD. It’s hard for the GBP to overcome that. but continue to watch…
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 5 months ago
It’s because of the good news on the USD. It’s hard for the GBP to overcome this. but continue to watch…
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 5 months ago
GBPJPY joined his GBPAUD & GBPNZD friends and also reached the 60% target (+some).
It also opened the week with ~14 pips gap, as predicted.
Now we wait for the GBPUSD…
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Most people understand the chart better if they see just one channel that engulf another channel, etc.
By using it as described you can see the bias and sentiment more clearly, in a total of 5 one directional channels.
4 of them are extending out of the H1 channel.
We don’t want any MA’s or any other approximation line that wasn’t there by…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Most people understand the chart better if they see just one channel that engulf another channel, etc.
By using it as described you can see the bias and sentiment more clearly, in a total of 5 one directional channels.
4 of them are extending out of the H1 channel.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Most people understand the chart better if they see just one channel that engulf another channel, etc.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
So after absorbing and understaning the above – here comes the practical side:
1. Price moves like water or rivers – you can read about it in Hurst’s work and my other postings on that subject. It means it flows where it’s easy and there is less obstacles.
2. Water/River flows according to the landscape beneath it. If you open a damm the water…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
So after absorbing and understaning the above – here comes the practical side:
1. Price moves like water or rivers – you can read about it in Hurst’s work and my other postings on that subject. It means it flows where it’s easy and there is less obstacles.
2. Water/River flows according to the landscape beneath it. If you open a damm thge water…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 5 months ago
Sampling rate is important in Ehlers MTF, and should be equaly spaced.
Something like M15-M30-H1 (which is x2 spaced), or M15-H1-H4 (which is x4 spaced).
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
You should view some of his works in MTF, one on top of the other.
If you use 3 TF’s, you will see 3 different sine-like “waves” – and watch when they coincide.
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
You should view some of his works in MTF.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
On Video #42 (NFP):
The solution was already given…
Draw a channel, PRIOR to the news, on Gadi_OBV and enter a Buy/Sell Stop order.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
Check the EURJPY after the news. Same thing…
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
The “Channel” uses the RANGE (length) of a price bar, and not the choppy and chaotic OHLC.
It’s effective in all TimeFrames and doesn’t lag.
It’s also (or mainly) effective because it is based on a basic statistical concept: if two distributions doesn’t overlap, they can be considered different.
G.
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