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Exitingthe market from BAY mode. It was indeed possible to enter SELL when the market was overrun by the Bears, but usually one has to wait until the market calms down and the Bears' power is fully confirmed. Here it was obvious, as the Bears had been preparing long and hard and, as I have pointed out many times, were 10 points stronger than the Bulls out of 250. Just lucky for those who, after the news of the Bears taking over the price, entered
into the SELL.
Hi there !
Has the Euro/Dollar fall stopped ?
What's the prognosis for where now - up or down ?
thanks !
Good luck to the author in developing his thoughts.
My opinion: Creating a system that accurately predicts a chaotic market is impossible. Somewhere we will get a positive prediction, somewhere we will get an error. The author created a complex system for searching for a pattern, which also makes mistakes (any mistake can always be explained, but the fact is that a mistake is made), so what is the difference between this complex system and a simple, clear trading strategy, which brings profit?
In any case, the author's effort to understand the market is welcome. I personally strive to simplify TS, because complexity begets complexity :)
Good luck to all!
Good luck to the author in developing his thoughts.
My opinion: Creating a system that accurately predicts a chaotic market is impossible. Somewhere we will get a positive forecast, somewhere we will get an error. The author created a complex system for searching for a pattern, which also makes mistakes (any mistake can always be explained, but the fact is that a mistake is made), so how does this complex system differ from a simple, clear trading strategy, which brings profit?
In any case, the author's effort to understand the market is welcome. I personally strive to simplify TS, because complexity begets complexity :)
Good luck to all!
Good luck to the author in developing his thoughts.
My opinion: Creating a system that accurately predicts a chaotic market is impossible. Somewhere we will get a positive forecast, somewhere we will get an error. The author created a complex system for searching for a pattern, which also makes mistakes (any mistake can always be explained, but the fact is that a mistake is made), so what is the difference between this complex system and a simple, clear trading strategy, which brings profit?
In any case, the author's effort to understand the market is welcome. I personally strive to simplify TS, because complexity begets complexity :)
Good luck to all!
Hello there!
Has the Euro/dollar stopped falling?
What's the prognosis now, up or down?
Thank you!
The 10-50 was the peak of the fall, the Bulls are pushed back far and are not going to come back quickly as they did last time:
And the market remains purely monopolistic:
Slowly the Bulls are closing in. But they're not as aggressive as they were when the market was ruled by a solid monopoly:
Conclusion: Nobody and nothing is stopping the monopoly bears to keep pushing the market down, if the monopolists want it, they may reverse the market again, but in any case, we will know about their intentions before, probably before they do.
Which page is the formula? I will join the Bison, Deer, Foxes :-)
https://www.mql5.com/ru/forum/58256/page54, I will soon remove all animals as requested by the participants, except for the Bulls and Bears.
Thanks for finding it.
Good luck to the author in developing his thoughts.
My opinion: Creating a system that accurately predicts a chaotic market is impossible. Somewhere we will get a positive forecast, somewhere an error. The author created a complex system for searching for a pattern, which also makes mistakes (any mistake can always be explained, but the fact is that a mistake was made), so what is the difference between this complex system and a simple, understandable trading strategy, which brings profit?
In any case, the author's desire to understand the market is welcome. I personally strive to simplify TS, because complexity begets complexity :)
Good luck to all!
Thank you.