gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down-swing.
If a candle breaks this rule, it starts an up-swing. It’s the basic nature of any bar-chart, so you don’t need parameters or ind…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down-swing.
If a candle breaks this rule, it starts an up-swing. It is the base nature of any bar-chart, so you don’t need parameters or ind…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down swing.
If a candle breaks this rule, it starts an up-swing. It is the base nature of any bar chart, so you don’t need any parameter or…[Read more]
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
Sorry, but we are NOT on the same page. I have no interest in this “method” or “investigation” or “research”.
I can count and specify many reasons, but I’ll explain just one:
Most, if not all, peaks & troughs are a simple overshoot of “fools money”, trying to follow and ride the previous, already finished trend.
And I can prove it…[Read more]
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
Attached is 29 Oct 2015 to 6 Nov 2015.
My choice of date range #1 is same as above.
My choice of date range #2 is also same as above.
I’m not in the proper mood to “Pass this verification” or any other “verifications” for that matter.
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
Sorry, but I’m not into “following price” or its action.
Price is a “shadow”, or result, of other things (or causes).
G.
gg53 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 10 years, 6 months ago
Good to see you back here. We missed you !!
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
Here’s a sample implementation:
The “rules” or recommendatio are completly wrong and in opposite direction.
The ABCD points resembles kind of Elliot & Fibonacci “patterns”, which in your other book, the author said:
…”Evidence Based Technical Analysis rejects all subjective, interpretive methods of Technical Analysis as worse than wrong, beca…[Read more]
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
Here’s a sample implementation:
The “rules” or recommendatio are completly wrong and in opposite direction.
The ABCD points resembles kind of Elliot & Fibonacci “patterns”, which in your other book, the author said:
…”Evidence Based Technical Analysis rejects all subjective, interpretive methods of Technical Analysis as worse than wrong, beca…[Read more]
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 are researching and posting this in many forums since at least 2011.
What’s your actual purpose in this?
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 6 months ago
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.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 6 months ago
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.
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
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.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
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]
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
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.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
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.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
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.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 6 months ago
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)
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 6 months ago
I also expressed my doubts about proper calculations of Normalization.
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
Attached…
G.
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