Predicting next day's high & low

Hi all trading masters

Is here anybody who have worked on Predicting next day's high & low. If you have got some hint can you please share it???

friend.....its in vain trying.....its like 'will it rain 2morrow' ?....

OMG

Some people use Fibonacci Spiral for this. Is here anybody who know about it??

hmmm.... Why would they be in this forum if they have attained this trading nirvana ????

Abhay

Predict next day's close and you will get the good picture of next day's high and low. (Friend it is absurd!!!!!)


Basudeo

Honestly ,.. Not possible always.

Yeah , Fibonacci u can use for it, Coz still I believe market is number game.

I have lost my developped system. which i have made using fibonacci numbers. It was quite helpful in predicting tops and bottoms for tomorrow. Yeah, in such volatile market. U can win either side or no side.

Will have to code it again. May be this weekend.

And yeah, u dont need to know high and low to find Nirvana,.!! Simple things like trendline, pivots and averages can help u to be a better trader.

Regards..
Darsh

Yes somebody Trying to predict using NEURAL NETWORKS. some times it succeeds.You can get some information in a book of Louis B Mendelsohn- Trend Forecasting With Technical Analysis

But it fully concentrated explaining their software.

Yes.But in page no:67 of that book he says "No one will ever be able to predict the markets-not now not in a hundred years."He suggests a method of extending the moving averages into the future by shifting.
Somewhere I read that software is not as good as it claims.
I suggest first find the Long term ,Inter and short term trends.Find support and resistance according to Elliott and Gann .90% of the time market will rest or reverse at those points.
Happy Trading.