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Do We Need Indicators? Or does price already show us everything we need to know? https://dl.dropboxusercontent.com/u/143105519/Indicator%202.... On this chart: Keltner bands, Wave Volume, Volume, MACD. Consider price structure and MACD A to B. Looking at price, at A there is a breakdown from...

How's this: Follow the Fruitcake-in-Chief's Twitter account and when he tweets something that will positively/negatively affect a stock/sector/market GO SHORT/GO LONG! Whatever.

https://dl.dropboxusercontent.com/u/143105519/AUDUSD 240 1.gif https://dl.dropboxusercontent.com/u/143105519/AUDUSD 60 1.gif https://dl.dropboxusercontent.com/u/143105519/AUDUSD 20 1.gif Charts utilizing Adam Grimes' three timeframe charting - 240 min is the higher timeframe, 60 min the...

20-Min Chart: https://dl.dropboxusercontent.com/u/143105519/AUDUSD 20 Min Chart.gif 5-Min Chart: https://dl.dropboxusercontent.com/u/143105519/AUDUSD 5 Min Chart.gif 1 Min Chart: https://dl.dropboxusercontent.com/u/143105519/AUDUSD 1 Min Chart.gif MACD in bottom pane (Adam Grime's settings with...

Been studying a lot of TA a long time - too much, too long. I think one of the things learned from good TA traders is that this whole thing of searching, searching, searching will fuck you up because you must - at some point - settle down and settle on something. Something you can actually...

I was away from the mkts for many years after a lot of hard study of technical analysis - which I'm pretty good at - followed by a miserable failure at actual trading. I think one of the first things you realize if you approach trading from that background - intense study of TA - is that...

Ah. Will do, sir. Gracias.

It's five minute data, about 30 months. I thought I'd do stats for the whole 30, then 6 months and 1 month. Something like that.

Thanks Cswim, I'll check her out. dom, yes, I've read that std dev is better, which I was considering. I'm somewhat familiar with the concept because of volume profile, the bell curve and such. That's a bit more complicated in Excel but google is my friend. Thanks for the input.

I'm not designing a system, but as the thread title indicates, I am interested in useful statistics to get a better grasp of the instrument I'm trading, so I assume this is the correct forum. Right now I'm exploring some stats in Excel for the EUR/USD - the average high-to-low range for each...

https://www.dropbox.com/s/g48v2x33i7f5mr7/EJ Daily 2.jpg?dl=0 Click on chart for full-sized view. Sorry if I've covered some of this before. EUR/JPY Daily. Volume Profile on the right drawn from the rally 4/14 at A. Following the spring at A, those bottom two bars closing near their highs...

Chart 1 is a Renko 6-tick chart. At the yellow bar at 1 an alert is triggered of a lower-low on higher wave volume (vs. the previous reaction at 2) with Delta Momentum making a higher-low at 4 (and looking extreme). (The alerts come 2-3 bars after the actual occurrence due to the nature of the...

I'm relatively new to Market Profile/Volume Profile but I think this offers some interesting perspectives on the mkt. This is the AUD/USD (in the latest swing of a downtrend on the daily) 30-min Market Profile chart with the daily profiles split and then merged into trends and consolidations...

Pardon me for editing your response but I think is this so very important, if possibly a bit OT. There are so many ways to approach the mkts, I think by studying and learning a wide variety of them, only then can one find a suitable technique. Anyone who studies a wide range of methodologies...

The only oscillator is Delta Momentum. On these longer-term, time-based timeframes, this is simply experimentation. So far I find the Delta Momentum works better on shorter timeframes, 1-min, 5-min, or on Renko bars. Not so much on the 60-min time bars and beyond. This is why, in case you didn't...

Price bars are, I suppose, in a sense, artificial, whether represented by time, volume, reversals, ticks, what-have-you. This doesn't mean the individual bars can't or don't have meaning when taken in context. Consider a simple strategy using a triple timeframe analysis. First is the longest...

Ok, I see your point. Fair enough. You're right. I expressed myself poorly, it's essentially an oxymoron. I could say "potentially confirms" but there's the same problem. I'm not sure how to put it, really, because I have an anathema to firmly predicting price behavior or pretending I can do so...

Cute semantics. If you know of any market condition at anytime that doesn't have several possible outcomes, by all means let us know. Confirmation refers to price/volume behavior and the indicator meeting the specific criteria relative to the setup. I would have thought that obvious. Hence the...

Yes, of course, an indicator such as a moving average, lags price. But, in the sense of looking for a potential setup, they can also forecast. The attached chart is comprised of Renko bars which are based on price change rather than time. The setting here is 6 ticks, or 3 pips. I like Renko...

I've been trying to meditate, 10 mins a day twice a day, for a few weeks now and I'm just amazed how difficult it is, when you'd think it would be so simple. (I don't repeat any phrase or "mantra", I just concentrate on my breathing, which I've read is a legitimate form of meditation.) I can't...