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Dear Yusuf.
It is possible to have both 2 G's and 10 G's. But! There are statistics of successful and unsuccessful traders, which states that only 10% are stably successful, the rest lose. That's what the entire Market is built on, otherwise it simply wouldn't exist. Even assuming that 90% are successful, this is idealistic=utopian. Where would the fuel come from? For example, you open an account with a DC or a bank. And steadily sucking money out of them. Then what is the point of having a Trustee or a bank? Just to make money and give the profit to such a smart Yusuf? That is utopia!
You are a good mathematician, but a shitty psychologist. If you manage to combine both mathematics and the psychology of the crowd in some single project, you will be golden. I can tell you that the successful ones in this line of work are those who know ahead of time what to expect from the crowd of losers. And only then will you be in profit! And only then will you be in profit from a $1,000 account or a $100 million account.
yosuf And did you watch your turkey squeeze on the franc pairs today? What do you think, will the baksofrank go down the yellow line on the hour marker or not anymore?
...I plan to do other couples...
yosuf Did you watch your turkey squeeze on the franc pairs today? Do you think the baxofrank will go to the yellow line on the hourly chart or not?
With a 30-bar hindsight the indicator indeed points to a flat, which has no appreciable upside potential, but once the hindsight increases up to 39 bars, i.e. from the beginning of an uptrend, it turns out that on the contrary, fall can soon be expected on the BaxoFrank:
With a hindsight of 30 bars, the indicator indeed points to a flat, which has no appreciable upside potential, but once the hindsight increases to 39 bars, i.e. from the beginning of an uptrend, it turns out that on the contrary, we can soon expect a fall in the BaxoFrank:
Yesterday morning I tried a glimpse of the Future on the baxofrank, and this is what came out.
Opened to sell on the yellow trader's line. Paramatters of the third version of the indy. Next...
Then the embarrassment. The rate suddenly increased and I decided to open the second sale above the trader's yellow line, hoping the rate will return to the South. Next...
The rate is still on the trader's yellow line. There is hope for a move to the South!
Hope is flowing in my soul!
With each passing hour it becomes certain that the decline will not pass!
But so far there is nothing...
We're frozen in anticipation of something wonderful...
But then all hopes come crashing down and the course takes off to the North :-(
And here is the end of my hopes. The turkey shows a new trend with its brown line.
Yusuf, please comment on the above and what to expect from the curves on the chart?
With a hindsight of 30 bars the indicator does indicate a flat, which has no appreciable upside potential, but once the hindsight increases to 39 bars, i.e. from the beginning of an uptrend, it turns out that on the contrary, a fall can soon be expected on the BaxoFrank:
Increased to 43 bars as the trend started 43 bars backwards.
Yusuf, what to expect next? Will it definitely go down or will it repeat the above story with the overshoot and kryndez, only more to the north?
And should I manually increase the number of bars with every new hour?
Yesterday morning I tried to look into the Future on the baxofrank and this is what came out.
Opened to sell on the trader's yellow line. Paramatters of the third version of the indyke by default. Next...
Next comes an embarrassment. The rate has sharply risen and I decided to open the second sale above the trader's yellow line, hoping the rate will return to the South. Next...
The rate is still on the trader's yellow line. There is hope for a move to the South!
Hope is burning in my soul!
With each passing hour it becomes certain that the decline will not pass!
But so far there is nothing...
We're frozen in anticipation of something wonderful...
But then all hopes come crashing down and the course takes off to the North :-(
And here is the end of my hopes. The turkey shows a new trend with its brown line.
Yusuf, please comment on the above and what to expect next from the curves on the chart?
:-))) Thank you for the cartoon (pictures) in moving the development of the situation through time... :-Р
You are not the first one who enters the subject of the given indicator in such a way (or in a similar way).
IMHO, in isolation from the FA, the chosen MM option is a useless approach to the market.
P.S. For more details - see the third post of this page of the TA thread.
Yusuf, what to expect next? Will it definitely go down or will it repeat the above story with overcorrections and kryndez, only further north?
And should I manually increase the number of bars with each new hour?