A day early should waited for the fib
Some stop hunt as well
A day early should waited for the fib
Best answer I can give is by shamelessly copying Wikipedia's summary of itPiter80 » Thu Jan 15, 2015 3:32 pm wrote:Dudest what' s Black swan?
I thinking about protecting ourselves in days like this.Thanks Dadest I know sl don't change nothing.Only MM.
The 3 main characteristics of a black swan event:Black swan events were introduced by Nassim Nicholas Taleb in his 2001 book Fooled By Randomness, which concerned financial events.
The point:1. The event is a surprise (to the observer).
2. The event has a major effect.
3. After the first recorded instance of the event, it is rationalized by hindsight, as if it could have been expected...
The main idea in Taleb's book is not to attempt to predict black swan events, but to build robustness against negative ones that occur and be able to exploit positive ones.
Taleb contends that banks and trading firms are very vulnerable to hazardous black swan events and are exposed to unpredictable losses
daggerfall » Tue Jan 13, 2015 2:59 pm wrote:Piter80 » Tue Jan 13, 2015 2:12 pm wrote:Thank You.
Could You tell me what pattern You see on gbpjpy?I can't see nothing there?
It's a small CZ zone what means consolidation zone, it's one of my favourite patterns ; )
CZ zones are easiest to spot for me that why i like them
CZ zone is the place where fox are bulding their positions or offload them or both
Bigger CZ mean biger blast, with CJ's knowledge of reapatings patterns you can predict in what direction they will trigger
BUT it deasn't matter
Everything what you se on m15/h1/h4/d1/w1/m1 is result of patterns from smaler TFs
Best pattern means this one which one you can recognise with bigest certanity
I hope I helped you a bit ; )
Best regards
Captain Jack » Thu Jan 15, 2015 6:44 pm wrote:Glad to see some of you guys are really starting to "get it" and are "seeing" clearly. Would you have arrived at this point sooner had I been posting every day?
I don't think so....
A blast from the past... almost 3 years back that this appeared on FF...
Is price random? NOT AT ALL! If you believe anything different, this thread is not for you because you've effectively blinded yourself and will never "see" the truth...