Price Forecasting with chaos - Trading Journals | futures io social day trading
futures io futures trading


Price Forecasting with chaos
Updated: Views / Replies:68,009 / 636
Created: by ecmf Attachments:503

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 503  
 
Thread Tools Search this Thread
 

Price Forecasting with chaos

  #101 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart2 17 Dec 2011

attached is a chart for EURUSD, as shown on the chart, price has encountered resistance at 1.3063 because
1) balance point
2) tip of eq
3) previous high

Attached Thumbnails
Price Forecasting with chaos-eurusd1216c.gif  
Reply With Quote
 
  #102 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Day Trade 19 Dec 2011

from the chart, a sell was done around 1.3012 and cover at around 1.2981 (as this is a support area, equilibrium 13083-13012-12981).

if price moves below 1.2976, sell again as shown in the chart.

Attached Thumbnails
Price Forecasting with chaos-eurusd1219a.gif  
Reply With Quote
 
  #103 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart 20 Dec 2011


EUR/USD has been moving within a range for the last few days, an analysis using 90 days of data (9/21 - 12/19) is done and attached.

as can be seen from the chart, price has been moving within equilibrium 13083-13014-12945, the equilibrium is almost fully saturated in the lower part and there is a chance that price may move up to fill up the upper tip of the equilibrium before resume the down trend.

Once 12945 is broken, a new down trend will start and price will move to around 12850
At this point it is harder for price to move up to fill up previous equilibrium with BP13183 due to resistance at 13063 and 13083.

For now support can be found around BP12981 and resistance at BP13065-68.

Attached Thumbnails
Price Forecasting with chaos-eurusd1220a.gif  
Reply With Quote
 
  #104 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Day Trade on 20 Dec 2011

attached are charts showing a day trade taken a while ago when EUR/USD made the move up, a buy order was executed when price is above BP 13006 due to expected resistances at 13063 and 13081, the order was close at around 13063.

This trade was done by just using the current day data and limited historical data, this is important as it demonstrate the effectiveness of J-Chart in following the invisible hand of the market.

Attached Thumbnails
Price Forecasting with chaos-eurusd1220b.gif   Price Forecasting with chaos-eurusd1220c.gif  
Reply With Quote
 
  #105 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart2 20 Dec 2011

with the strong upmove after posting my last chart, here is an update on EURUSD.

Earlier on when price hit 13083, there was an immediate reaction of price dropping. However that is not the signal to sell, this is because for equilibrium 13083 -13070 - 13057, price did not break 13057, it only retrace up till 13059. a sell should only be done when we see a lower BP and breaking 13056. indeed price move up strongly after hitting 13059.

as shown in the chart, when price move up and breaking 13083, that will be the signal for a buy. however it is unlikely that price will be able to move up to 13170 due to the daily range left.

Attached Thumbnails
Price Forecasting with chaos-eurusd1220d.gif  
Reply With Quote
 
  #106 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart3 20 Dec 2011

after a strong push up, price reverse and there was a sell down, this is shown in the attached chart below, where if a sell was done when price drop below 1.3105, it is good for about a quick 40 pips profit, price drop to near S2 (around 1.3062).

Trading Time = Intra-day
Trend = Down
Entry = Break of 1.3105
Stop = above 1.3131
Target = 1.3076/1.3064

Attached Thumbnails
Price Forecasting with chaos-eurusd1220e.gif  
Reply With Quote
 
  #107 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUS Chart 21 Dec 2011


ecmf View Post
attached is another chart showing the price forecast for EURUSD and giving further evidence for selling if price does go back to 1.3185 and it will be the trader's great privilege and advantage to do so if that happens.

Price went back up to around 1.3185 and we have the privilege to sell as price drop like a rock.

Reply With Quote
 
  #108 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart2 21 Dec 2011

as shown in the chart, price fell around 1.3185, by now trailing stop (1.3083) should be used to protect the profits and try to maximize the profit.

currently price is filling up the dotted rectangle before making a move down again.

Update: https://futures.io/trading-journals/15320-price-forecasting-chaos-11.html#post177999
This chart in the link is important as it is a bigger equilibrium which give us the same forecast price of 12850 in the chart attached here. If 12850 really get tagged, it shows that we are now able to follow the invisible hand of the market

Attached Thumbnails
Price Forecasting with chaos-eurusd1220-.gif  

Last edited by ecmf; December 21st, 2011 at 11:45 AM. Reason: added chart
Reply With Quote
 
  #109 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Chart 22 Dec 2011

Attached is a chart for 22 Dec 2011, as shown in the chart, price are now filling up equilibrium as shown in the dotted rectangles.
Price will consolidate and pave the cave for a while because the EQ 12945-13114-13083 took quite few days to formed and the lower part of it is already fairly saturated.
Price will need to build up enough above 13020 to move down through the saturated lower part of the EQ.

Attached Thumbnails
Price Forecasting with chaos-eurusd1222a.gif  

Last edited by ecmf; December 22nd, 2011 at 08:33 AM.
Reply With Quote
 
  #110 (permalink)
Trading for Fun
Singapore
 
Futures Experience: Master
Platform: Ninjatrader
Favorite Futures: ES,Currency
 
Posts: 159 since Nov 2011
Thanks: 2 given, 49 received

EURUSD Day Trade on 22 Dec 2011


Although price is ranging above 13020, it is still possible to find trading opportunities as bigger eq are made up of smaller eq.

The 1st attached chart show the development of an EQ 13024-13070-13116.

In the 2nd chart a trade was made to buy at 13035, stop at 13020 and take profit at 13114. It was taken as price move above the highest BP 13034 of the last 5 days 1214 to 1220.

Attached Thumbnails
Price Forecasting with chaos-eurusd1222b.gif   Price Forecasting with chaos-eurusd1222c.gif  

Last edited by ecmf; December 22nd, 2011 at 12:03 PM.
Reply With Quote

Reply



futures io > > > Price Forecasting with chaos

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Polynomial Pattern Recognition and Forecasting Indicator (www.mooretechllc.com) RodS Trading Reviews and Vendors 14 October 14th, 2012 10:09 AM
Euro chaos: Britain prepares for worst kbit News and Current Events 0 November 4th, 2011 02:04 PM
Libyan Chaos Stirs Global Panic Over Oil Supplies Quick Summary News and Current Events 0 February 27th, 2011 10:20 AM
Your thoughts? America on the Edge of Chaos studio88 News and Current Events 9 August 27th, 2010 10:09 AM
Chaos sefstrat The Elite Circle 8 October 7th, 2009 09:31 AM


All times are GMT -4. The time now is 07:58 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.13 seconds with 20 queries on phoenix via your IP 54.163.61.66