Charles Dow's theory - page 81
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1)Does increasing the candles result in a refinement of the prediction by thousands of decimal places or can it lead to very different results?
This is the problem we are dealing with
This is the problem we are dealing with.
It turns out that if you say you have found a pattern of NPA, in fact, there should be a certain pattern in a certain number of candles to make the forecast. Maybe we should try to compare the forecast of 4 candles and 11 candles (say the activity of the sun).
That's the problem we're dealing with.
It's a dead end. But solvable probably only in theory.
So your prediction does change, and your previous prediction based on 4 bars might change too?
Of course, there are no dead forecasts, it's all a myth. As the present changes, so does the forecast, there is nothing unnatural about it.
This is the problem we are dealing with.
Can you use your theory to determine the colour of the next candle?
It's a dead end. But solvable probably only in theories.
No theory will give you a prediction that does not change over time. One must determine what is to be considered a real event and proceed from it to the future events, there is no other. A stable forecast is the pipe dream of dreamers.
Of course, there is no such thing as a dead forecast, it's all a myth. As the present changes, so does the forecast, there is nothing unnatural about it.
So all these formulas are just derivatives of the real current price?
So all these formulas are just derived from the real current price?
I'll do that today, we'll figure it out tomorrow.)
So all these formulas are just derived from the real current price?
Yes! They are derived that way and the PNB is based on that principle and logic leads to that fact, think about it, how could it be otherwise? No two prices are the same in a row in the market. Laws of crystals, there is no time, there is a distance between electron layers, PNB relies on them and clearly classifies each mineral or element of the periodic system.
Yes! That's how they are derived and the PNBs are based on that principle
Big request here are three values: 1.27616; 1.30070 and 1.26747 please draw a forecast on them.