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Price Forecasting with chaos


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Price Forecasting with chaos

  #571 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14


LukeGeniol View Post
What paving mean in your trading jargon?

Anyway EU went up.

Hello Luke...

Jargon?....Is that Italian for "Terminology"? It is Johns term for what we would say is "Back-Filling".


Quoting 
Anyway EU went up.



My forecast was posted while you were in bed sleeping...you may have noticed the entry for that forecast was "AT MARKET" 1,1414 circa..there were 4 targets noted. The first 2 were nailed and was on the way to the 3rd target for approx. 90 pips (a fair amount for scalping). The early release of NA data created fresh chaos and gaps in pricing.

Markets move Up and Down....or as they say "What goes UP must come down and vis vis". I traded down...you traded up 2 "happy campers".

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  #572 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


LukeGeniol View Post
What paving mean in your trading jargon?

Anyway EU went up.

Hi Luke

Sorry for the my rough comments about cave paving, I was not careful enough because it may mislead,

People may take for grant the cave must be filled right away in same day.

attached 2 charts will show when you day trade using EQ expansion , it is must keep in mind below check list

1) Watch the expansion step by step.
on the previous chart, BP 11382 should not be neglected, if day trade, the LOW END of EQ 11443--11382--11321
would provide support.
2) Average range must be considered if day trade, in this case early range 11420--11322 is quite enough

3) Watch reverse EQ and RESISTANCE BP penetration


Market did go up and EQ expanded upward, however the cave will be saturated when price fall through 11320 bottom of EQ

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  #573 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985



SpartanLTD View Post
Hello Luke...

Jargon?....Is that Italian for "Terminology"? It is Johns term for what we would say is "Back-Filling".



My forecast was posted while you were in bed sleeping...you may have noticed the entry for that forecast was "AT MARKET" 1,1414 circa..there were 4 targets noted. The first 2 were nailed and was on the way to the 3rd target for approx. 90 pips (a fair amount for scalping). The early release of NA data created fresh chaos and gaps in pricing.

Sorry I do not look at your chart, not interesting.


SpartanLTD View Post
Markets move Up and Down....or as they say "What goes UP must come down and vis vis". I traded down...you traded up 2 "happy campers".

This statements is the biggest foolishness that a trader can say...........

Anyway my post was directed to john....

Take your Pips, go out and Live.
Luke.
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  #574 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


John Chen View Post
Hi Luke

Sorry for the my rough comments about cave paving, I was not careful enough because it may mislead,

People may take for grant the cave must be filled right away in same day.

attached 2 charts will show when you day trade using EQ expansion , it is must keep in mind below check list

1) Watch the expansion step by step.
on the previous chart, BP 11382 should not be neglected, if day trade, the LOW END of EQ 11443--11382--11321
would provide support.
2) Average range must be considered if day trade, in this case early range 11420--11322 is quite enough

3) Watch reverse EQ and RESISTANCE BP penetration


Market did go up and EQ expanded upward, however the cave will be saturated when price fall through 11320 bottom of EQ

To me they start to look like triangles and random lines

Take your Pips, go out and Live.
Luke.
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  #575 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14


LukeGeniol View Post
Sorry I do not look at your chart, not interesting.



This statements is the biggest foolishness that a trader can say...........

Anyway my post was directed to john....

Respond to the forecast...if you dare. The chart was not posted for your personal pleasure but for those interested in HOW to use MT4 platform to attempt to get results similar to Johns JCharts

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The following user says Thank You to SpartanLTD for this post:
  #576 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14

Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

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  #577 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


SpartanLTD View Post
Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

Hi Spartan

Very good without J , althogh it is small range

By the way, does MT4 provide data API to users?

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The following user says Thank You to John Chen for this post:
  #578 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331


SpartanLTD View Post
Time is 2;02 CET
Forecast for Asian Session
Entry Sell @ 1,1450
First tgt @ 1,1418
Second tgt @ 1,1355

No chart to post...but maybe John will comment and correct me.

J Chart

His prediction just came true
good job

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The following 2 users say Thank You to John Chen for this post:
  #579 (permalink)
SpartanLTD
Quito, Ecuador
 
Posts: 24 since May 2015
Thanks Given: 14
Thanks Received: 14


John Chen View Post
Hi Spartan

Very good without J , althogh it is small range

By the way, does MT4 provide data API to users?

Hello John...thanks...What is a data API

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  #580 (permalink)
John Chen
Taipei,Taiwan
 
Posts: 324 since Mar 2012
Thanks Given: 4
Thanks Received: 331



SpartanLTD View Post
Hello John...thanks...What is a data API

In order to intergate J on to MT4 for day trade, it needs live stream data feed vis MT4 platform.

Interactivebrokers does provide API for third part intergration.

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