heres pivots…
and heres the accuaracy after many hours from that above forecast that began on the first lower red dot, it projected price for days i think its still in play now
thats s3 in play
Demarker indicator: For some confirmation on overbought or over sold i like demarker as my prefered over rsi and stochastic. I use demarker with standard settings and only take signals as valid on 1 hour time frame and offcourse inline with everything else we have covered in this thread. Here is a comparison of demarker against stochastic. See for yourself which one out performed each other. Demarker is crap on a lower time frame then 1 hour.
hey 
dennis can u add me on Skype? so i can properly make your ebook step by step?
ill start with
1 UNDERSTANDING THE MARKET SO YOU KNOW WHAT YOUR GETTING INTO
first chapter of the ebook right?
add me catwoot_fx
ok i will add mine is dennis14685
Dennis can you please explain more about the Demarker i’ve never used it before, and i remembered you dont trade monday, so il start trading on Tuesday
Ok i am copy paisting some articles about Demarker, this is not my own input i am copying from the net…1 Abou the guy
Tom Demarker Thomas DeMark is the founder and CEO of Market Studies, LLC[1], creator of the DeMark Indicators, and has been a special consultant to Steven A. Cohen of SAC Capital Advisors for over 15 years.[2][3][4] Mr. DeMark’s indicators are used in the market timing and technical analysis of financial markets. Some of his indicators include the following: Sequential®, Combo®, Setup®, Setup Trend (TDST)®, Countdown®, Range Expansion Index™, D-Wave®, TD Lines™, Differential™ and Camouflage®.[
On 14 April 2011, The Technical Analyst presented its 2011 Technical Analyst of the Year award to Mr. DeMark. The Awards Ceremony was held at the The Waldorf Hilton Hotel in London.[45] Also, on 13 May 2011, the Market Technicians Association invited Mr. DeMark to be their keynote speaker for the 2011 Annual Symposium on Going Global: Risk & Reward In International Markets at the New York Stock Exchange.[46][47][8]
i
i am copying from the net…dont want to be accused of being a whipet…demarker cont
ndicator uses 0 and 1 as the maximum and minimum of oscillation, while in others the typical 0-100 range is preferred.
Any level between 3 and 7 (or 30 and 70 if bigger numbers are preferred) is regarded as a neutral level characterizing a continuation phase. If the price is in an uptrend, and the indicator value is also rising, the trend is expected to go on. If we observe an uptrend, while the indicator value is falling, we’re faced with a divergence, implying that the uptrend is slowly losing momentum and may suffer an abrupt reversal. Similarly, when the price is in a downtrend, but the indicator’s value is rising, we suspect that the downtrends is weak. The oscillator and price action are converging, implying an ultimate reversal. If both the indicator and the price are in an uptrend, the interpretation is that the existing price pattern will continue to develop.
Calculation of the Indicator
The Demarker indicator is calculated by first determining a DeMin, and DeMax value, which roughly correspond to the high or low of a particular time period. The obtained values are then plugged into a formula which generates the value of the indicator itself.
If the high of today is greater than the high of yesterday, we set the DeMin value at the difference of highs of the two time periods (High of today - high of yesterday). Otherwise, DeMax is set to zero. Similarly, if the low of today is lower than the low of yesterday, the difference between the lows of the two periods becomes the value of DeMin (low of today- low of yesterday). If the low of yesterday is equal or lower than today’s low, DeMin is set to zero.
Now we plug these two values into the formula below:
DeMark = N-period Moving Average of DeMax / (N-period Moving Average of DeMax + N-period Moving Average of DeMin)
Here the moving average can be of any type, but most software packages use the simple moving average for calculation.
Taking a look at this formula, we observe that the value of the indicator will rise when the higher DeMax values are registered (in other words, market records higher highs on), and it will fall when the moving average of the lows attains higher values.
Trading with the Demarker Indicator
DeMarker Indicator is an oscillator, and it is possible to use with it all the common techniques that are applied to oscillators. The oversold and oversold levels of the indicator are at 0.3, and 0.7, respectively. When the oversold value is exceeded, the expectation is that the prices may soon stop falling. In the opposite case, we anticipate that the uptrend will run out of steam in a short time.
i do trade monday C,
but i demo first for at least 2 hours befor i trade live, its like doing practice laps on the race track, re calaborate the brain and eyes first
Thanks a lot Dennis for that thorough reply i really appreciate it, ok I will be posting up trades tomorrow
ok this chart is usd cad as of now…thats basically my prep for trading , not much else will go on the chart to make a trade plan for the currency…
amm dennis i already added u on skype
however once i have marked of important points i will then swtich to another chart with less clutter, and go back to this one to bench mark only…clear charts clear mind
if your trading next week, try to put it all together…patience to enter is a virtue, good entry is half the battle.
Now do not buy a Squeeze because price hit the 20 period moving average! wait for price to confirm, read the candles, look left for clues. Everything must add up. put it all toghther…
Example if price has been trading above the 200 for a long period of time, and brakes the 200 so you see price from below heading back up into a squeeze, chances are the SQ will not complete and a new down trend is forming below the 200. Remember price cycles…cycles , cycles…small word big meaning, know what market your in…
Just about to go to bed finshed doing some tech stuff for monday morning and then i could not help myself entering a quick trade on asian open…ok of to bed now chart below nice little number:
amm howd u know its short? XD bear elephant bar rule?
I think it’s a single green bar being ignored in a down trend
haha maybe both
