Hi Traders,
First of all I wish to say this thread is nothing scientific, it is going to be just the results of my studies with the help of some geometric understanding on this forum.
1- Trade What You Watch - Practically Naked Trading - https://www.cliqforex.com/general-fo...ty-trades.html
two - Practically Naked (Simple Trades) - https://www.cliqforex.com/trading-sy...s-retreat.html
3- Fibonacci Trading using - https://www.cliqforex.com/trading-sy...ing-style.html
4- James16 Chart Thread - https://www.cliqforex.com/bitcoin-cr...in-prices.html
5- Circular Trendlines - https://www.cliqforex.com/trading-sy...ose-forex.html - ( I have been his silent follower for a long time )
6- Trading Major Lines - https://www.cliqforex.com/forex-brok...iscussion.html
7- Andrews Pitchfork (Median Line) - https://www.cliqforex.com/trading-sy...waterfall.html
I will use each the geometric stuff (MT4) in order to exchange, but I won't tell every detail, I really need the followers (in case they exist) to spend some effort too. The market is like a living beast and have a rhytm. The most shocking part is that this beast has liquidic behavious. And the element which shapes the trends and the price movement is the momentum which is also not toootally sound. We could examplify the situation like this:
The price is similar to the surface of the sea, and the momentum would be the wind which generates waves on the surface of the sea. If the general direction of the wind is to the north, then the waves onto the surface of the sea moves to the north too. However, it shud be considered that there'll also be little winds (local) on the way to the north that will interrupt the general direction of this wind.So we could say that the general momentum generates the general tendency, the inner momentums create the inner waves.
Like Elliot discovered human plogy could be formulized, and it has an algorithm. But we always consider the process in our brains will be undefinable. We can be certain we are wrong, the founder created in inner mathematical algorithm even in our plogical side.The largest discoverey concerning the relation between plogy and the mathematical measurements is the golden number: 1,618!!! Its the general ration between the waves in this market.
However there is something in the understanding of this market. It is not only the rice itself. This market is something two or three dimensional [ Human plogy (which also generates the momentum and the volume) and the price itself (the equilibrium of demand and supply )]... the most important thing among these dimensions is the individual plogy that induces the majority of the things in this market. So wat we shud do is to decode the algorithm of their individual plogy and the route passes through the golden amount 1,618!!!
I could envision most of u stating that the F#304;BO instrument does not work all the time, yes its a fact! However, the fibo instrument on the MT4 platforms is something horizantal which believes market to include only the price, and it rejects the existence of different dimensions like time and momentum. Thats why I will use circles rather than horizantal tools.This doesnt mean I firmly deny the horizantal tools, but honestly its hard to repay the circles at first sight. And you will be amazed when u see the sharp ratio between the waves. . .its mostly exact 1,618 when the pair is perfect! Ofcourse each the pairs do not behave in an ideal way, thats why we shud accept the existnce of some deviation.
Great researches have discovered that we have a code of 1,618 in our brains that we aren't aware the majority of the time. The things that we call as ideal at first sight have the 1,618 ratio. The intriguing point is that we do not measure them when we view, Its just a code in our braibns which automatically make us believe that its ideal so long as the goal object has that ratio. The charge cards, the TV screens. . .arent they cute to the majority of us, why do we believe so? Do you believe its just a coincidence? No its not, the designers of such attractive things know we have that 1,618 code in our brains, and yes, charge cards are appealing to the majority of us!!!
Anyhow, when lots of investors examine the charts at precisely the same time, their plogy functions with the nearly same algorithm. The common number in these algorithms is the golden ratio and our brains (when we consider the sum of their brains looking at the charts) create waves for this ratio!!!
I will reveal only one case for today, and will contibnue later. . .the next thing will be on the deviations. .
Http://img819.imageshack.us/img819/9568/eurusd3.gif
http://img838.imageshack.us/img838/9176/eurusd2t.gif
http://img42.imageshack.us/img42/875/eurusd1.gif
(This initial post will be edited through time)