Duxon's Archive

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This constitutes a new way of evaluating Numerical Price Prediction and is being carried out in an attempt to figure out how to purchase Nadex out-of-the-money binary option contracts with a nearly 100% success rate.

This constitutes a new "swing style" approach to applying the Baseline Bonanza version of Numerical Price Prediction, and based on how the pair is unfolding at present, CADJPY looks to also be structure to rise from its present location in the neighborhood of 79.83; or unless the pair is going to immediately reverse direction and head south again, I would certainly expect it to bounce off the 79.60 support level, if nothing else.

 

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Saturday / October 17, 2020 / 10:30 AM PST

I just responded to a private message, and given that there is a chance I might want to use it as a resource for any instructional materials I create in the future, I'm going to include it in this archive as well:

I use very few indicators, with harmonics included among those I opt to forego.

The reason is that at the time I looked into them (sometime between 2011 to 2014) the software I was using would draw a box where reversals might be expected. Sometimes reversals would indeed manifest somewhere inside the box, and other times price would just keep on going.

This was not good for me because I would try to anticipate what the market would do and...like...50% of the time...I would be wrong. So, I ceased trying to use harmonics or Fibonacci ratios for two reasons:

1. For the past five or six years, rather than try to predict what price might do in the future, I merely interpret what it is doing at the moment—a rule I’ve gotten in the habit of never breaking.
2. Using price ranges from multiple time frames and painstakingly selected baseline moving averages, also from multiple time frames, I know exactly when price is reversing direction. (These are the ONLY technicals I use.) There is no guesswork involved. Given that I personally find this approach so much more accurate (precise), valid, and reliable than all other choices, the alternatives are no longer of any interest to me whatsoever. (My feelings about Fibonacci ratios is that if you draw lines all over your charts, price is bound to reverse direction near one or the other.)

I’ve never even looked into Gann because I am a very simple guy and Gann always looked rather complicated to me. From where I was sitting, trading seemed very rudimentary: If you could just figure out which way is up and which way is down, and then simply buy in the first instance and sell in the second, you could probably make a lot of money. So, this is the route I chose to take.

 

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Since their nine-hour baselines appear to be on the verge of initiating upward turns, I would not be surprised to see AUDJPY head north from somewhere in the neighborhood of 74.46 and AUDUSD do the same somewhere around 0.7065.

I should note however that though AUDUSD hit statistical support on Thursday at 0.7055, this level has now dropped down to 0.7016. And seeing as how the pair is currently neutral and in consolidation, there is nothing to say that it will not continue the decline it began on October 13, 2020.

 

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I just hired a coder in Egypt to create an indicator or expert advisor that does what I need, so I'll be waiting to see if he delivers something that actually works.

 

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Forecast based on the Central Core Price-range Overlap version of NPP

I have nothing more to write about this version of NPP. At this point, it is clear to me that this will probably turn out to be a gem of an approach.

 

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Now that Numerical Price Prediction (NPP) is fully developed and thoroughly optimized, I just opened an Ally Forex account so I can link the fresh MT4 platform to my TradingDot account and possibly end up with subscribers should the account happen to perform phenomenally well.

Unfortunately, when I click on their MetaTrader 4 platform download button, nothing happens, so I will have to call them Monday (tomorrow) morning to see if I can find out why.

 

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MILESTONE
Monday / October 19, 2020 / 5:45 AM PST

Numerical Price Prediction (NPP) is now fully developed and thoroughly optimized.

 

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This constitutes a new way of evaluating Numerical Price Prediction and is being carried out in an attempt to figure out how to purchase Nadex out-of-the-money binary option contracts with a nearly 100% success rate.

 

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Proverbs 11:28 says that whoever trusts in his riches will fall, but the righteous will flourish like a green leaf. Moreover, 1 Timothy 6:17 says that we should not set our hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. And finally, Deuteronomy 8:17 warns us that one should beware, lest he say in his heart, "My power and the might of my hand have gotten me this wealth." Verse 18a then goes on to say that we shall remember the Lord our God, for it is he who gives us power to get wealth.

So then, to whatever extent this quest might have led me to a financial paradise, when all is said and done, the praise, honor and glory all belong to God—not to me.

 

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I had to have the coder redo the indicator I ordered like three or four times before he finally delivered the product as described. Here's what it actually looks like...

So, I've now loaded it on all my charts and will go ahead and pay him as soon I verify that it actually works (triggers an audible alert signal when it's supposed to).

UPDATE: Sweet!!! I accidentally closed the alert box, so I can't attach a visual, but I just got a signal to sell AUDJPY under "perfect" conditions. So, now I can go ahead and do other stuff and only jump to my charts when I need to.