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Old 26-08-2004, 10:32   #9
jasperforex
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Re: Data Mining to predict direction, Hi, Low

Quote:
Originally posted by argavc
I am looking for solve the problem to work out better trade decisions in the FOREX market.
A tool capable of providing models for building reliable trading strategies even for a difficult to predict FOREX market with reliability, accuracy, and diversity of automatically built models.
I am thinking in a tool like Data Mining that could research for predict market direction, Hi, Low points of the price.
If someone have any ideas or information or made some investigation about this please add to this thread to share.
Thanks in advance.
Adolfo


I am using an exhaustion predicting system. It sort of calculates the highs and lows but specifically tells you when its safe to buy a falling market or sell a rising one. Basically the point at which the trend is ending. If that's some use to you you can get more information on it on ebay, called forex trading systems. But be prepared for sometimes large drawdown because the system never loses so you need big pockets. To explain, I have a $10000 account to trade this system and use lots of $50000. Once I needed 8 lots on the aususd in a row. So if that's not your cup of tea go no further.
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