I am lost as to knowing when a wave has ended and a new wave has begun. Also does wave 3 become wave 1?
hi rel am just wondering does the barros swing indicator cause the platform to hang?i had to remove he indicator from charts and leave it in only one chart i dont know if its the same experinece for everyone
another things am pleased to hear about wave analysis coz i use it as well first define the impulsive wave then wait for retracement to a significant support/resistance seems to be working am using a indicator called wave indicator do u use it ?
ok the impulsive wave is wave 3 then it retraces which is wave 4 then ur entry down or up to wave 5 and wave 5 where the profit is
allow me to post a chart i would like to know if its close to how u do it
the blue area is impulsive wave in price and indicator and entry is the down arrow at a previous low
the strategy is courtesy of SR Player thread not my own
luckily I was up around this time to catch this move too 
wow, this thread is something else, I stared at the first page for a few hours before I realized what the distributions of the candle wick length were telling me.
There’s so much information to process, but I am working my way through the material bit by bit, I’ve made it to page 23 or so, and just want to do a quick checkup to make sure I have everything correct if that’s ok. I will post a screenshot with my analysis of fridays EU chart and where some good buy points would be.
The chart is a little cluttered because I have barro’s 15/60 and 300/1440 all in the same chart
Does it look ok? From what I understand I would have went long at the red arrow because it popped up out of the RL and shot up over 20 pips and then retraced back down to the RL, which vastly increases the probability that It will continue in the upward direction as well correct?
I also may have found some buy points in the general area of the green circle, but I have been reading for hours and hours and I am too tired to go in and look right now.
Now the second picture
shows a new regression line that would be formed after the breakout, and this one is based off of the 15/60 barro’s instead of the 300/1440 which was the last RL. And this would be my range for Monday, and I would have to redraw it to include higher extremes as long as the fat 15/60 barro’s line stays intact.
I hope I have understood well so far, please correct me if I am off on something or another.
A few questions:
- I am curious as to what program you use to run those statistics that were posted throughout the thread. Is it something you wrote yourself being an IT professional? I have always loved statistics as well, but I don’t know what to use to gather and crunch all that data for me. (and I suck at programming)
- Has the RL replaced manually drawing the trendlines?
- As for finding dynamic areas of S/R within the RL, am I mainly looking for bounces and breakouts from the lines? or are there other areas that can be exploited as well?
EDIT: I just wanted to say thanks again for posting this stuff here, it really struck me as my style on the very first page, and I will do my best to learn everything in the thread and not be to annoying to all those who know more than me.
This big move was due to the outcome of G8 meeting. In fact, it was exactly at the time they told they reached an agreement about euro problems…
So, in this case, no technical analysys could preview the move… just foundamentals… We just knew market was waiting for the news…
Btw… I was sleeping at that time… 
I have lately started catching some of the bigger moves too :)… thank you…
Still toying around with MP … need to get more understanding on the same… any suggestions…
- Silver
Thanks mate…
just a tip, in case anyone is having the same problem as I was having, I know someone earlier mentioned that some indicators made their system hang up. If you are running windows 7, you have to install MT4 outside of the program files folder, I don’t know why, but it is something with windows 7 program files folder restrictions.
Anyway, I got the statistics indicator, and it is completely blank, I know you said you don’t support the indicator, but is there any glaring obvious reason why it would be reading all 0’s? I’ve played around with it for a long time and I just need a point in the right direction. I’m a real statistics nut and it’s driving me crazy why I can’t see them.
I also had a few thoughts regarding the past post about there being a buy/sell order on the other side of every order
-
The market is a zero-sum situation, because there is an equal and opposite order for every order put in (sort of negative sum if you count the broker taking his cut)
A. So, there should always be a static, unchanging ratio of buyers and sellers so why does price ever move?
the only answer I could come up with is that the willingness of people wanting to buy or sell changesTherefore, price derives from their willingness to buy/sell, rather than the amount of buyers and sellers, so price in itself is a derivative of sentiment.
Now, in order to profit, then you have to accurately predict what the sentiment will be at a future time, but I think the important question to ask is not what the sentiment will be, but why will it be.
EDIT: I noticed you referenced the movie PI earlier in the thread, great movie, one of my favs
yes thenx i was having the problem of platform hanging am using windows xp
seriously no wonder many people fail in fx coz its no easy road but i shall reach there thenx rela for the thread
av tried the links but they r in a diff language not englishdo u know how i can select english language thenx
Which links?
its this links Форекс Форум трейдеров Академии «MasterForex-V» but i noticed they are a link to the sites you have so probably ad have to findout that elsewhere but incase you know u can help
I didn’t link to the forums directly. ATM I only link to MF’s english based pages. Those are indirect links. I will provide no support / help from that point.
yes i noticed u dint link to the forum directly i noticed later
the stats indicator is this one:
Also, just a heads up, installing mt4 outside of program files did not completely solve the problem, (I believe in program files it was not creating the .ex4 file which made it “not responding” when the chart was live) but it still hung up when the barros swings was active, and it also only printed swings for a small timeframe, like until June 26th. So I just downloaded a different barros indi and used the different timeframes individually instead of two at once. It seems to work the same in case anyone else was still having problems with the modified barros.
Also, one issue I am having that I thought I understood well pertaining to the first page of the post. I just need to make sure I understand it so I can move on with some certainty.
Did I miss anything super important in this picture? It seems to be all about catching the retracement when there is one to catch
If I am right here, then couldn’t the 20 pip theory be applied to even bigger timeframes? of course the number would be larger than 20 pips, but the theory would remain the same, correct?
I hope I have understood these, I have put quite a lot of time into looking at them and thinking about what the numbers mean, please let me know if I am way off.
Thanks, if I get this down and start making bank, I’ll fly out and buy many rounds of drinks, lol. Thanks for being a mentor to us all.
You can try google translate on it.
iam reading this am trying to figure out last fridays breakout move using the channels where pricewants to break out am i correct in drawing the channels?relativity
its amazing every time i reread the thread i get something new
ooooh, now your talking my language, I have been into equities options for some time, I would love to start a discussion on the greeks to further both our understanding if you would like.
P.S. check my screen name brah.
EDIT: I pulled about 50% ROI in ten minutes this morning trading AAPL options 
forex is just a new hobby of mine, I’m trying to get a feel for everything to be competent in all areas of the market even though I may only specialize in one or two instruments.
[QUOTE=Relativity;367739]A list of tools I have now :
Primary (to see overall picture) :
- H1 Chart / D1 Chart
- Customized ‘Universal’ D1 and W1 Candles that overcome timezone differences problems. (meaning, finding and using the actual open for the day / week)
Hi Coach
>> Have a question on the actual Open for Daily, Weekly and Monthly, is there a place that you can get this from, as a standard value set periodically… is this published in a list anywhere for currency pairs… how do you get the actual values ?! - Am I missing something… not sure if I grasped it from the thread…
Cheers
Silver
I’m actually trying right now to apply some of this analysis and stat crunching to stocks, but I can’t find a good program that will play ball with me that has indicators written for it. So I think I’m gonna have to crunch these numbers in excel, and draw the Barro’s swings manually :56:
MT4 really is an amazing program compared to most broker powered stock platforms, I would kill to be able to import stock data into MT4, but it doesn’t look like it’s gonna happen.
Anyone know where I can download candlestick data online besides just the EOD stuff?
I need M1 candle data, most places like yahoo finance only lets one download D1 data for some reason (which I have, and have already crunched in excel) but I wanted to run it on smaller timeframes as well, like M60, M30, M15 just to see what comes out. I’ll check the link you posted, but it looks like they are just forex not stocks as well.
EDIT: Rel, that site you posted did have some stock quotes on it, but unfortunately not the ones I needed