Oh dear, I'd prefer cremation. Could I have an appropriate image?
can price action predict market moves
- Thread starter geth03
- Start date
Oh dear, I'd prefer cremation. Could I have an appropriate image?
You should have indicated that in your will but considering the duress you were under I will see if we can find another image more agreeable to your final end.
Appreciate it man. Widow is asking whether I was I shot in the head & shoulders?
The chart for the predicted part hasn't happened yet.
The theory is asset prices can be modeled with a trend plus sinusoids (similar to J.M. Hurst's Summation Principle from The Profit Magic of Stock Transaction Timing.
Or, more specifically
The function evaluates the entry point at 51.57 (20210405) and the target point at 54.56 (20210415). The function is based on the most recent 89 calendar days' close prices of EFV (iShares MSCI EAFE Value ETF) adjusted for splits and dividends with prices interpolated for non-trading days.
The dates of the entry and exit points are from inflection points in the sum of cosines in the function rounded to the next trading day if the predicted date is not on a trading day.
The idea for the entry is enter long on the date of the inflection point when the predicted inflection point is the next day and the sum of cosines is predicted to be near the minimum possible value (0 - sum_of_amplitudes). Exiting would be on the date of the following predicted inflection point in the sum of cosines.
I will try to enter with a limit order a little below the most recent close price.
Best entries 9:40-10am tu-thur, worst time is midday, Monday usually worst day of week
Most wins are daytrading the open, most stops are overnight swings.. good questions for all traders
It is like a river.
It is an inertia.
Let's say the river is the 4 hour timeframe.
Going south?
That is the inertia of the river.
Then.
Never open long.
Go with the flow.
Go with inertia.
Don't swim against the current.
Can you be wrong?
Of course.
There may be a few hours that the river was not decided whether it goes north or south.
But... Don't stay in ES.
Go to the oil ...
Go to the gold ...
Look for a river.
Abundant.
With slope.
Hard.
With energy.
The size of the bars will tell you how strong it is ... Let yourself be carried away by the river ...
Can price action predict market movements?
No, but in my opinion it is the most approximate.
It is an inertia.
Let's say the river is the 4 hour timeframe.
Going south?
That is the inertia of the river.
Then.
Never open long.
Go with the flow.
Go with inertia.
Don't swim against the current.
Can you be wrong?
Of course.
There may be a few hours that the river was not decided whether it goes north or south.
But... Don't stay in ES.
Go to the oil ...
Go to the gold ...
Look for a river.
Abundant.
With slope.
Hard.
With energy.
The size of the bars will tell you how strong it is ... Let yourself be carried away by the river ...
Can price action predict market movements?
No, but in my opinion it is the most approximate.
