MikleKey

UKOIL - Right Shoulders ?

FX:UKOIL   Crude Oil (Brent)
7 months ago
UKOIL - Right Shoulders ?

The question is simple - what we see on the graph of the Brent oil?
The answer is simple - we see a change quotes, changes in the derivatives of the functions of the quotes - the indicators, we see invented and drawn by us trend lines and channels, invented and drawn by us figures of Paterns - Head and shoulders such as here.
You can draw a lot more - like a wave, "... finish 5-th in C" ... and so on.
The question is simple - what all it gives us, as all it helps to determine the future movement of the price function in time?
The answer is simple - nohow!
This answer is simple and complex at the same time, it is beautiful and terrible! After all, we hope and believe, and yet know that indicators follow the quotation, it is a second-order derivatives of the price function, the wave theory of Elliott - very controversial, because it does not give the same interpretation of the function movement for two different subjects using it, and therefore unscientific.

So, what about ...? Where goes the price ...? Who knows this ...?
What we can expect, "when we going out on the track, in front of the locomotive rapid quotes" flying forward?
At the will of the gods? On the resistance and support levels, so the same - they are, they will stop it, deployed, rotated to the right, reflect!
The answer is - no matter nohow, almost ...

ALMOST! This is a magical, almost miraculous!
What is it that controls the price and what we expect?
How to manage it ALMOST?
Manage The ALMOST, is simultaneously simple and complex.
Almost - it is the psychology of each individual and mass psychology folded together.
Almost a discipline and risk management, this is your Stop Loss and Take Profit.
Almost our common integrated view to the level of prices.
What's The measure of The Almost?

Parameters of the Almost is so much, we can be measured each individually, but it is very difficult to integrate the results.
Well, so - we simplify. What is important in the ALMOST? We take only important, and discard the rest, ... at least for now put aside.
Probability, math-expectations - these are the words that make the almost a reality.
The feelings of the Price movement for the masses who will buy and sell at the same time. Whom do more - sellers or buyers?
They are - equally. Their numbers is always the same.


Not equally, changes only the intensity, the intensity of purchases and sales.
And so at any given point of time, movement of quotes.
So this intensity considered in the time and determine the price movement.
A probability - will help us to identify where.

I will not be here to write a treatise, "On the principles of enhancing math expectations, increasing the likelihood of profitable trade ..." - they have a lot of it is written.
I'm not going to predict the future price movement - there are many, analysts, elliotschikis, trade-actcionschikis etc.
Let's just say, probably the price will go lower in this particular field.

And so - and probably I'll go out on the track and stand in front of the locomotive prices.
I go small by little, step by step. To make it not hurt, in case of failure!

And then, ...
Then, success and upgrading of the, or trimmed with light injuries, jumped off the rails!

Successful traiding and Happiness foe all!
MikleKey
7 months ago
Comment: This idea, about magical the Almost ... in other words, about risk management.
Traders who's realy trade, should keep in mind that it is possible such an option (see. Graph below) of the quotations moving.
We must try to take the maximum profit from this understanding!
And do not get damages - minimize the probability of their occurrence.
snapshot


PS Do not forget to Like (I like) if you like. Subscribe to updates for to staying the course. During the development of the situation I' ll be updated with new ideas.
7 months ago
Comment: Probably brent continue to grow up, to the 48.60. From there and I will try to shortstop. Preliminary details on the chart 1D
snapshot
HiddenPivots
7 months ago
Nice work and chart analysis! What is the name of indicator in red, yellow, green says short, transition, long?
Reply
MikleKey PRO HiddenPivots
7 months ago
That, is what you are asking - not the indicator, it is the drawing by hand of readings of the CCI set indicators, with different accounting periods, which is equivalent to the periods of the different average curves. The script that will do the same action automatically I wrote. It's will be laid out in a set of TradingView scripts when it is fully debugged.
Reply
MikleKey PRO HiddenPivots
7 months ago
I usually respond to questions and comments, only to subscribers. I made an exception for you in this case. Follow my updates if you want to be aware.
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