FOREX PRO WEEKLY September 22-26, 2014

[Lolly Tripathy]

A special And huge thanks for the fridy call ..sell gbpusd
a quick 150+ thankkkk you very much.... god bless you sive sir ,,
have a great week ahead...

 

[FPAtony777]

Hello sive sir,

Thank you very much for your helpful analysis.

I'd like to ask you which are the parameters of your detrend predictor.
My default values for the detrend predictor indicator are as follows:

Count bars : 1001
Period: 7
Number of highs : 10
Number of lows : 10
Show one bar ahead : true.

I don't know if we have the same one....but the picture that I get is not quite mached as yours.
Please advice.

Thank you in advance and keep up the good job that you are doing.

Regards
Antony.

 

[Sive Morten]

Hello sive sir,

Thank you very much for your helpful analysis.

I'd like to ask you which are the parameters of your detrend predictor.
My default values for the detrend predictor indicator are as follows:

Count bars : 1001
Period: 7
Number of highs : 10
Number of lows : 10
Show one bar ahead : true.

I don't know if we have the same one....but the picture that I get is not quite mached as yours.
Please advice.

Thank you in advance and keep up the good job that you are doing.

Regards
Antony.

Hardly we have the same, because I've prepared algorithm for mine by myself and then asked Kamuta to programm it.
To better understand parameters - read DiNapoli book where he explains how this indicator works and what parameters mean.
I have just 3 number of high, lows and 180 bars of history.

 

[OPHH]

Hi dear Sive,
thank you very, very much
Excellent written analysis, thanks for your great work, my gratitude for you

 

[butcher]

Hello sive sir,

Thank you very much for your helpful analysis.

I'd like to ask you which are the parameters of your detrend predictor.
My default values for the detrend predictor indicator are as follows:

Count bars : 1001
Period: 7
Number of highs : 10
Number of lows : 10
Show one bar ahead : true.

I don't know if we have the same one....but the picture that I get is not quite mached as yours.
Please advice.

Thank you in advance and keep up the good job that you are doing.

Regards
Antony.

Hi FPAtony777,

please try below parameters it will be very close.

Count bars : 135
Period: 7
Number of highs : 3
Number of lows : 3

BTW, If anyone gets exactly as sive's it will be great to get some advice

Regards.

 

[stelore]

Thank you Sive for your analisys,
it's always so interesting to follow your studies!!!

Many pips to all
Stefano

 

[butcher]

Hi Sive,

What is your opinion about 5.0 pattern? Can we relly on it and where is it logical to trade that pattern ?

Thanks

 

[Sive Morten]

Hi Sive,

What is your opinion about 5.0 pattern? Can we relly on it and where is it logical to trade that pattern ?

Thanks

Hi,
what is 5.0 pattern?

 

[butcher]

Hi,
what is 5.0 pattern?

Hi sive,
Please see below.


Thanks

 

[Sive Morten]

Hi sive,
Please see below.
View attachment 16964

Thanks

Hm,
with this pattern reminds an attempt to make simple things complicated. This pattern represents in fact the same butterfly, if we assume that XA extension is made by butterfly and next extension is an action to ultimate butterfly target.
As you undertsand, market very rare reaches ultimate targets. And this pattern probably very rare completes totally. At my mind - it is better to separate this beast on parts and trade them separately.
I was asured many times already that there are just 4 harmonic patterns - "222', AB-CD, Butterlfy and 3-Drive. All other stuff is just attempt to combine them that absolutely does not help to deal with them.