Hi Traders ,
First of all I want to say that this thread is nothing scientific , It will be just the results of my own studies with the help of some geometric understanding on this forum.
1- Trade What You See - Almost Naked Trading - http://www.forexfactory.com/showthread.php?t=257876
2- Nearly Naked (Simple Trades) - http://www.forexfactory.com/showthread.php?t=230625
3- Fibonacci Trading with Bobokus - http://www.forexfactory.com/showthread.php?t=50767
4- James16 Chart Thread - http://www.forexfactory.com/showthread.php?t=2331
5- Circular Trendlines - http://www.forexfactory.com/showthread.php?t=297637 - ( I have been his silent follower for a long time )
6- Trading Major Lines - http://www.forexfactory.com/showthread.php?t=281454
7- Andrews Pitchfork (Median Line) - http://www.forexfactory.com/showthread.php?t=76597
I will be using all of the geometric stuff (MT4) in order to trade , but I will not tell every detail , I want the followers (in case they exist) to spend some effort too. The market is like a living beast and have a rhytm. the most shocking part is this "beast" has liquidic behavious. And the factor which shapes the trends and the price movement is the momentum which is also not toootally solid. We can examplify the situation like this :
The price is like the surface of the sea , and the momentum is the wind which creates waves on the surface of the sea. If the general direction of the wind is to the north , then the waves on the surface of the sea moves to the north too. But It shud be considered that there will also be small winds (local) on the way to the north which will interrupt the general direction of the wind.So we can say that the general momentum creates the general trend , the inner momentums create the inner waves.
Like Elliot discovered human psychology can be formulized , and it has an algorithm. But we always consider that the process in our brains is undefinable. We can be sure that we are wrong , the creator created in inner mathematical algorithm even in our psychological side.The biggest discoverey about the relation between psychology and the mathematical measurements is the golden number : 1,618 !!! Its the general ration between the waves in this market.
But there is something in the understanding of the market. It is not only the rice itself. this market is something two or three dimensional [ Human psychology (which also creates the momentum and the volume) and the price itself (the balance of supply and demand)] ... the most important thing among these dimensions is the human psychology which causes most of the things in this market. So wat we shud do is to decode the algorithm of the human psychology and the path passes through the golden number 1,618 !!!
I can imagine most of u saying that the FİBO tool does not work all the time , yes its a fact ! But the fibo tool on our MT4 platforms is something horizantal which considers market to include only the price , and it rejects the existence of other dimensions like time and momentum. Thats why I will be using circles instead of horizantal tools.This doesnt mean that I strictly reject the horizantal tools , but honestly its difficult to settle the circles at first sight. And you will be amazed when u see the sharp ratio between the waves...its mostly exact 1,618 if the pair is perfect ! ofcourse all of the pairs do not behave in a perfect way , thats why we shud accept the existnce of some deviation.
Great researches have discovered that we have a code of 1,618 in our brains which we are not aware most of the time. The things which we call as "perfect" at first sight have the 1,618 ratio. The interesting point is we do not measure them when we see , Its just a code in our braibns which automatically make us think that its perfect as long as the target object has that ratio. The credit cards , the TV screens ...arent they cute to most of us , why do we think so ? Do you think its just a coincidence? No its not , the designers of such "attractive" things know that we have that 1,618 code in our brains , and yes, credit cards are attractive to most of us !!!
Anyway , when lots of investors look at the charts at the same time , their psychology works with the "almost same" algorithm. The common number in these algorithms is the golden ratio and our brains (when we think about the sum of the brains looking at the charts) create waves with this ratio !!!
I will show only one example for today , and will contibnue later...the next topic will be about the deviations..
(This first post will be edited through time)