simple, tradable, awesome statistics

never design a trading system without proper prior analysis. post your market statistics here

Moderator: moderators

Relativity
rank: 150+ posts
rank: 150+ posts
Posts: 364
Joined: Mon Nov 15, 2010 4:19 pm
Reputation: 0
Gender: None specified

Postby Relativity » Fri Jul 20, 2012 5:00 am

Jalarupa wrote:"My research has shown a H1 candle in a certain hour is of different makeup of a H1 candle in another hour. It does give some level of weightage, since it suggests 'certain players that are expected are just not there OR has changed'. This to me, is helpful information, if I am gunning for more than 20 pips + looking for other players in the market that also want to push price in the same direction."

Sure, its called the session opens ;-)


Yup. One of those things. Often an easy 20 pips not to be missed.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Fri Jul 20, 2012 10:18 am

"My research has shown a H1 candle in a certain hour is of different makeup of a H1 candle in another hour. It does give some level of weightage, since it suggests 'certain players that are expected are just not there OR has changed'. This to me, is helpful information, if I am gunning for more than 20 pips + looking for other players in the market that also want to push price in the same direction. "

This is different from what was being discussed earlier about finding superior time frames...M1, M5, H1, D1, W1, etc.

The markets will move more in pips when the largest players are present, it could be helpful to be aware of these times...
Life is just a journey

Relativity
rank: 150+ posts
rank: 150+ posts
Posts: 364
Joined: Mon Nov 15, 2010 4:19 pm
Reputation: 0
Gender: None specified

Postby Relativity » Fri Jul 20, 2012 10:23 am

PebbleTrader wrote:"My research has shown a H1 candle in a certain hour is of different makeup of a H1 candle in another hour. It does give some level of weightage, since it suggests 'certain players that are expected are just not there OR has changed'. This to me, is helpful information, if I am gunning for more than 20 pips + looking for other players in the market that also want to push price in the same direction. "

This is different from what was being discussed earlier about finding superior time frames...M1, M5, H1, D1, W1, etc.

The markets will move more in pips when the largest players are present, it could be helpful to be aware of these times...


Yes, it is different. Hope not to sidetrack too much.

Yes, it is possible to know these timings.

deltaskelta
rank: 50+ posts
rank: 50+ posts
Posts: 56
Joined: Tue Jul 03, 2012 10:08 pm
Reputation: 0
Gender: Male
Contact:

Postby deltaskelta » Fri Jul 20, 2012 6:01 pm

So, relativity had given me the idea of studying time as well, and I had never thought of doing that before.

So I decided to do a time study to find out how long these moves take on average to make.

Here are the results:

Image


What I am trying to grasp is : what is the significance of space and time together in this sense? Obviously if I see an uptrend that takes the perfect amount of time and space retracement, then its probably a green light.

But, I don't know Im just trying to figure out what it's all telling me.

Anyone have any input?

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Fri Jul 20, 2012 11:26 pm

Deltaskelta,

Have you read my thread about TIME?

I tried to post the majority of stuff I could find or think of and then relate it to trading time.

I concluded that time plays a minor role.

I get what you are trying to do...
Life is just a journey

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Fri Jul 20, 2012 11:34 pm

Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Fri Jul 20, 2012 11:36 pm

Think about PnF...

The charts don't have a time axis :)
Life is just a journey

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Fri Jul 20, 2012 11:44 pm

I am picky when it comes to stats.

The reason is because I find that the majority of them are of little use.
Life is just a journey

deltaskelta
rank: 50+ posts
rank: 50+ posts
Posts: 56
Joined: Tue Jul 03, 2012 10:08 pm
Reputation: 0
Gender: Male
Contact:

Postby deltaskelta » Sat Jul 21, 2012 4:06 am

Pebble,

"price is the same on all timeframes"

yes this is true, but like Kaku was saying in the video, which was proposed by Einstein, time is relative.

So, the studies we were discussing on the relative greatness of the different TF's could be looked at as how each TF relatively "perceives" the passage of time. And the TF's we looked at could be seen as having the greatest relative expansion "warping" of space and time, I think?

Just like the time dilation Einstein predicted, the faster one moves, the slower time goes by for them, hence the faster they are traveling towards the future. I really believe this is what is happening in those TF's, and price is the same on all levels, it just seems like it is from the illusion that time creates.

I don't know if this is completely crazy or not, but its fun to think about.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Sat Jul 21, 2012 11:17 am

"...as how each TF relatively "perceives" the passage of time"

I think there is something to that, I would say it more like this though:

How THE MAJORITY of traders perceives the passage of time.

It's kind of like the majority of traders are using standard time frames and making decisions off of them.

But I think whatever role it did play, the impact would be minor.

I think it is best to focus on things that have a higher impact :)


"the faster one moves, the slower time goes by for them"

Very astute of you :)

The greater price expands, the slower time goes by for the observer.
Life is just a journey

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “statistics”