Finding local highs and lows in price - page 3

 
Richie >>:

PapaYozh, я не про историю говорю, меня "реал" интересует, последующих баров я не знаю на реале.

Integer, можно почитать Л.Вильяма, про краткосрочные, среднесрочные и долгострочные максимумы и минимумы, однако,

реализация этого на практике успехов не даёт. По его теории краткосрочный максимум - это максимум между более низкими

максимумами, вот и выходит, что без подтверждения никак не получается.


What do you want? They probably haven't invented a time machine yet... it's either wait for confirmation or redraw... those are the only two options. Is there another one? I don't think so.

If you are not satisfied with both of them, forget about these extrema and divergences... think in a different direction.

 
PapaYozh >>:

Это значит, что изучая историю и определяя является ли бар N экстремумом, Вы должны видель лишь предшествующие ему бары, но не последующие.


You make a good point.

Is it possible: without peeking to determine if the Nth bar is a local extremum?

(and if the N bar is not closed yet, as an option)

 
coaster писал(а) >>

You make a good point.

Is it possible: without peeking to determine if the Nth bar is a local extremum?

(and if the N bar is not closed yet, as an option)

I think not.

Although, Prival tried to look for entry opportunities such that "not a point against the position". Was it successful?

 
Richie >>:

PapaYozh, я не про историю говорю, меня "реал" интересует, последующих баров я не знаю на реале.

Integer, можно почитать Л.Вильяма, про краткосрочные, среднесрочные и долгострочные максимумы и минимумы, однако,

реализация этого на практике успехов не даёт. По его теории краткосрочный максимум - это максимум между более низкими

максимумами, вот и выходит, что без подтверждения никак не получается.


There are a lot of smart people on this forum, but when it comes to discussing specific issues, there is a lot of ostentatious philosophy, like figure skating, with grading for best performance. I'm not against philosophy. Richie has made a good point. The ability to determine the local highs and lows of the price will, to a greater extent, determine the success of trading. Head/shoulders pattern is proof of that and it works on any TF, on any instrument at any time of the year :))
 
ULAD писал(а) >>

There are a lot of smart people on this forum, but when it comes to discussing specific issues there is a lot of ostentatious philosophy, like figure skating with grading for best performance. I'm not against philosophy. Richie has made a good point. The ability to determine the local highs and lows of the price will, to a greater extent, determine the success of trading. Head/shoulders pattern is proof of that and it works on any TF, on any instrument at any time of the year :))

Yes, everywhere except the days on the eur/bass for the last 6 months.

 
sergeev >>:


а что же вы хотити? машину времени наверно ещё не изобрели... тут или жди подтверждения, или перерисовывай... только два этих варианта. Есть ли другой? по моему нет.

если вас оба не устраивают, то забудьте вы про эти экстремумы с дивергенциями... думайте в другом направлении.


What about Fibo levels? They give possible pivot points. Filtering. Plus the fundamentals. Otherwise how.
 
sever29 >>:

да, везде, кроме дневок на евра/баксе за последние 6 мес.


Well pips to pips to find a pivot point is not serious. It's not serious at all, although accidents do happen. And a clear reversal depending on the TF is not such a difficult task when you have experience, of course.
 
ULAD писал(а) >>

Not against philosophy. Richie has made a good point. The ability to determine the local highs and lows of the price will to a large extent determine the success in trading. Head/shoulders pattern is proof of that and it works on any TF, on any instrument at any time of year:))

Personally, I don't think you should try to catch a price minimum/maximum.

What will the assumption of a detected extremum give you? SL close to it? So it will be knocked down and then the price will go where you thought it would go, but alas, without you.

You should look for patterns/study instead of fishing for extrema.

 
ULAD писал(а) >>

Well pips to pips to find a pivot point is not serious. It's not serious at all, though of course the accidents happen. And a clear reversal depending on the TF is not such a difficult task who certainly has experience.

So, it turns out that you agree that an extremum is unnecessary. We need states with an increased probability of one or another direction of subsequent movement. We need bifurcation points (levels).

 
PapaYozh >>:

Ну вот, оказывается Вы согласны, что собственно экстремум нафиг не нужен. Нужны состояния с повышенной вероятностью того или иного направления последующего движения. Нужны - точки (у нас получается, уровни) бифуркации.


It is impossible in principle to determine the true point, and there is no point in such accuracy, but it is possible and necessary with a certain margin of error.
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