gbpusd wants to go up to 1.6000 sometime soon. will it i don't know. i just know it wants to go there at the moment. anyone else see a 1.6000 or a 1.60300 target if the 5958 holds within the next few hours?
the daily range is almost spent as shown http://www.myfxbook.com/forex-market/currencies
so I'm looking for signs of bottoming out
ultimately you don't need indicators but some of them can sure help to spot areas of interest if your not use to seeing them
a big thanks to kprsa & simplex for their work on these concepts
by kprsa with simplex adjustment
mod by simplex@ (http://www.stevehopwoodforex.com/phpBB3 ... 60#p106245)
yet another indicator to show market inefficiencies/sup/dem/TZ/gaps and the 1000 other names people call it
Price Predictions and Probabilities
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Price Predictions and Probabilities
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Last edited by Lowphat on Tue Feb 23, 2016 9:56 am, edited 14 times in total.
price predictions
I don't see that. Wait for a bottom formation, like a 1-2-3 pattern. V bottoms are not common, and it didn't do that either.
This is the level price is at right now. It will probably bounce. Watch the bounce for an entry.
But don't take my advice, I'm good at losing money on manual trading.
This is the level price is at right now. It will probably bounce. Watch the bounce for an entry.
But don't take my advice, I'm good at losing money on manual trading.
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price predictions
Don't worry it's only demos and theory atm but i am seeing extremely high probability levels on the smaller TF's so i am trying to see if it works on longer TF's
Its taking waaaay longer than i would have liked. on the min tf i usually close out in like under 10 mins
Also 5938 is of interest to me as a magnet point
Its taking waaaay longer than i would have liked. on the min tf i usually close out in like under 10 mins
Also 5938 is of interest to me as a magnet point
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price predictions
its was like watching paint dry when its was not in the UK/US session
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man thats a crazy looking wick
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price predictions
fun stuff
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price predictions
Goodstuff lowphat :)!
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heres an indicator that can help you spot areas simular to the above calls. plus it has a kicksass donchian which can also help you find price recurring price targets.
also if you add sam seiden's methods on top of this you get something very interesting
also if you add sam seiden's methods on top of this you get something very interesting
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Last edited by Lowphat on Fri Nov 28, 2014 7:35 am, edited 1 time in total.
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price predictions
hi all, my first post here!Lowphat » Thu Nov 20, 2014 1:17 am wrote:heres an indicator that can help you spot areas simular to the above calls. plus it has a kicksass donchian which can also help you find price recurring price targets.
also if you add sam seiden's methods on top of this you get something very interesting
i coded the RecurrenceStatistic indy that lowphat posted here (he was kind to ask for my permission before posting).
if there would be further ideas or questions regarding it, let me know.
cheers
k