Quantify the market - breakout or fakeout
Page 1 of 842 12 LastLast
Results 1 to 10 of 14

Thread: Quantify the market - breakout or fakeout

  1. #1
    that is the outcomes of research I'm doing. I write this thread to find some ideas.

    What we see about market is price (quotes) and this price is obviously moving down or up.
    This is the reason why market will never change.
    What's a trend?
    For me personally a tendency is a move from point A to point B.
    Could I create profit from every fad? No.
    When the transfer from point A to point B is less than disperse I can not make profit from it.
    Trend isn't anything we specify as stationary or changeless, trend is variable.
    Looking at market we can view fakeout or continuation and breakout.
    Fakeout = we've got a tendency and we see a fictitious break
    Breakout = we've got a tendency and we see a clear legal break
    What does it mean”legitimate”?
    To specify”legitimate” we will need to quantify a fakeout or even a breakout.
    For me personally market is the amount of intentions (price).
    So in a way I want to sum all past prices (for example past hour) to have the intentions of this market and then compare this to current market condition.
    This is what I'm attempting to do, looking for a way to quantify breakout or fakeout.
    I'm looking to use these theories to a tick chart or 1second chart.
    All thoughts are welcome.


  2. #2
    Inserted Video
    Envision the market as a girl that's always flirting with you until you will love her, you will be attracted to a price. Not Poor


  3. #3
    I've got it sussed. But I'm not telling It isn't complied! You are all barking up the wrong tree.

  4. #4
    Quantify breakouts or fake outs?
    The trick would first be to identify what can it be that price is breaking from? Are we talking ticks, to 5 min TF to Weekly TF. Seeing the tick chart might show weakness in price movment, jump for change but might also show huge banks being incorrect or a business transaction and they do not care about market price. Because it's to late, Seeing the hourly rate may give a false signed. Seeing the 1 minute TF shows the weakness for change and its trend.
    IMO its first most crucial to identify key turning points on all TFs, this will b the beginning signals to show fatigue, strength or a channeling market. Using tools like fibs, patterns, candle patterns etc at such levels is the key. To say there is just one tool that functions can lead to reduce probability. The key is to identify first the area where the market doesn't kno the direction.

  5. #5
    Inserted Video
    3 simple rules to describe the flight of starlings.
    Should I ask you to spell out the market, what principles would you use?
    Oh a trader doesn't find other 7 traders or more trading, a trader sees price and trades price.
    Price goes down and up in a battle between who THINKS it's going up and that THINKS it's going down.
    There are a total of 1000 people trading and creating the market.
    1) 550 buy and 450 market, price moves upward a little
    two ) then there's a shift and 100 traders that has been buying decide to market, 450 buy and 550 market, price moves down a little
    3) then there's a shift and 300 traders that has been buying decide to market, 150 buy and 850 market, price moves down MORE than preceding time
    at point 3 there are more people that agree on the different side of sell
    Perhaps you have asked yourself why would you sell/buy? When would you press on the button to sell/buy? How can you perceive price going down and up? How often do you need to see price going up or down before you push the button?


  6. #6
    Do people increase to buy or sell with change of price deviation? Occasionally right questions can Provide useful responses


  7. #7

  8. #8
    Quote Originally Posted by ;
    When can you press on the button to sell/buy? How can you perceive price going up and down? How many times do you need to see price before you push the button, going up or down? Alex
    I'd rather need to press the sell button before the price goes down and then press on the buy button before the price goes up. After it, its foundation, I can't particiapte in occurrences. There's beyond then , then we have and that we can not participate in to we have the momment, which is even difficult to define. You have to get on the train before a move unfolds to capitalize, that is a sure thing.

  9. #9
    Great thread Alex! Maintain the question going!

  10. #10
    So I was thinking how a market could be quantified or a time sum worked out to provide us a constant to use against our current price for a measurement. This got me thinking about a variety of ways I could average price or see price change withing a definite period. This lead to me thinking that If I have a time as my constant the past is being used by that? An average of say the last 10 candles is looking at history rather than current price.
    I also looked to the rate of change over a set period (basing this all on ticks).
    What I am wondering is, using time based readings within our tick charts is bringing people back to using time as a constant. So I would have to eliminate time entirely and just use tick counts and price change....

    Lots to consider and my mind hurts

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.