Duxon's Archive

Discussion in 'Journals' started by expiated, Feb 1, 2019.

  1. expiated

    expiated

    Also generated via Lexica.art...
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    #961     May 11, 2023
  2. expiated

    expiated

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    The Aiguille du Midi is a 3,842-metre-tall mountain in the Mont Blanc massif within the French Alps. It is a popular tourist destination and can be directly accessed by cable car from Chamonix that takes visitors close to Mont Blanc.
     
    #962     May 15, 2023
  3. expiated

    expiated

     
    #963     May 18, 2023
  4. expiated

    expiated

     
    #964     May 18, 2023
    Slope Trader likes this.
  5. expiated

    expiated

    So, I just sent Marc Feldman an update on my endeavors, as he requested. However, I am not looking for any kind of reply. I'm just keeping my word.

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    #965     May 19, 2023
  6. expiated

    expiated

    What does the Internet say about the Numerical Price Prediction (NPP) Forex trading strategy?

    The Numerical Price Prediction (NPP) Forex trading strategy is a method of forecasting the direction and magnitude of price movements based on mathematical calculations.

    The NPP formula is:

    Forexcast High: [ (Previous day high/previous day low * 100) -100] /100*price opening next candle)] + price opening next candle

    Forexcast Low: [ (Previous day low/previous day high * 100) -100] /100*price opening next candle)] + price opening next candle

    There are three scenarios:
    1. Price of the market High or Low will be broken.
    2. The price of the market will move around within High and Low.
    3. The price of the market will move in the opposite direction of High or Low.
    The NPP strategy is based on the assumption that the previous day's high and low prices have a strong influence on the next day's price action. However, this AI could not find any reliable reviews or evaluations of this strategy online. Most of the sources that mention it are either vague or promotional. Therefore, this AI cannot comment on its effectiveness or accuracy.

    One alternative method of forecasting forex prices is using deep recurrent neural networks (DRNNs), which are a type of artificial intelligence that can learn from sequential data such as time series.

    DRNNs can capture complex non-linear patterns and dependencies in Forex data, and can also incorporate external factors such as macroeconomic indicators or news events. However, DRNNs also have some challenges, such as choosing the optimal network architecture, tuning the hyperparameters, and avoiding overfitting or underfitting.

    Fibonacci analysis can be used to find entry and exit points, stop-loss levels, and profit targets. Fibonacci analysis can also be combined with other forms of technical analysis, such as trend lines, moving averages, or indicators, to enhance the trading strategy. However, Fibonacci analysis also has some limitations, such as being subjective, lagging behind real-time prices, and being prone to whipsaws and violations.

    As you can see, there is no single best way to analyze the Forex market. Each method has its own advantages and disadvantages, and may suit different traders depending on their time frame, risk appetite, and access to information.

    The best way to find out which method works for you is to test it on historical data and practice it on a demo account before risking real money.
     
    #966     May 23, 2023
  7. ph1l

    ph1l

    The Internet thinks it's still a secret. Maybe you should start another journal.:rolleyes:
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    Last edited: May 23, 2023
    #967     May 23, 2023
  8. maxinger

    maxinger

    Oh no no no!!!

    He already has more than 40 Journals!

    And hundreds of chart templates!
     
    #968     May 23, 2023
  9. expiated

    expiated

    I've returned to learning chess, so I need to retranslate this way of labeling the chessboard to my own system (given that I lost my laminated copies).

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    #969     May 29, 2023
  10. expiated

    expiated