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Price formula:
Price=Previous price+ Increment determined by the physics of the processes.
Price=Previous price+ Increment determined by the physics of the processes.
1. If it is 100% descriptive of price movements, it must be one. But, it can be written in an infinite number of ways.
2. If it describes a price movement of less than 100%, there can be many.
If it is 100% descriptive of price movements, it must be one. But, it can be written in an infinite number of variants.
If it describes a price movement of less than 100%, there can be many.
I think the equation should be EURGBP=EURUSD=GBPUSD.
I hope you are joking.
If it is 100% descriptive of price movements, it must be one. But it can be written in an infinite number of variants.
If it describes a price movement of less than 100%, there can be many.
What do you mean "describe price movements"? Is there a price generator or something?! Every Bid & Ask price is the result of the action of exchanging one currency for another. How can you describe what is done by millions of terminals?! Think about it.I hope you are joking.
I'm sorry - that's what it's all about.
)
I'm sorry - that's what it's all about.
Discuss how millions of hands or MTS open orders and what is the pattern here?
Price describes itself 100%. An MA with a small period, for example, describes the price movement by less than 100%.
_ How can you describe something that is done by millions of terminals! Think about it.