Hello tgs,
Cycles and frequency analysis fascinate me so I try to include it in my trading. Unfortunately, I can't find any proven software for forex so I have had to cobble my own.
That being the case, it's very experimental right now and as I said before, I'm not sure it has value or is worth the effort. There are also 2 types of cycles - price cycles and time cycles and because I can't find any time analysis software, I am only doing price cycle analysis which is no better really than the myriad of indicators already out there.
As I write this, I can hear old Dr. Joe saying "you don't need nutin' fancy" and remember that he spent over 5 years trying and therefore think I'm wasting my time but what the heck, I've got to do something during the day otherwise the trouble and strife will have me doing household chores and jobs - I need her to think I'm busy!
If you go on the web for a search, be very, very careful and wary of what is out there. Most are scammers trying to sell "junk" while others put up a fancy site with chart examples showing how powerful their indicator/software is - I can do that also - I could put up a chart showing how great my experimental cycles are BUT what they won't show you is that a couple of weeks later, as the market decides to do a 7/9th cycle followed by a 4/7th cycle, their indicator/software is about as useful as rocking horse sh*t!
Cycles are as frustrating as Elliott Wave, except to me, they look better.
The cycle analysts I have the most respect for are:
Walter Bressert and John F. Ehlers
If you find anything useful, keep me in the loop
Rock n Roll,
Strat
Cycles and frequency analysis fascinate me so I try to include it in my trading. Unfortunately, I can't find any proven software for forex so I have had to cobble my own.
That being the case, it's very experimental right now and as I said before, I'm not sure it has value or is worth the effort. There are also 2 types of cycles - price cycles and time cycles and because I can't find any time analysis software, I am only doing price cycle analysis which is no better really than the myriad of indicators already out there.
As I write this, I can hear old Dr. Joe saying "you don't need nutin' fancy" and remember that he spent over 5 years trying and therefore think I'm wasting my time but what the heck, I've got to do something during the day otherwise the trouble and strife will have me doing household chores and jobs - I need her to think I'm busy!
If you go on the web for a search, be very, very careful and wary of what is out there. Most are scammers trying to sell "junk" while others put up a fancy site with chart examples showing how powerful their indicator/software is - I can do that also - I could put up a chart showing how great my experimental cycles are BUT what they won't show you is that a couple of weeks later, as the market decides to do a 7/9th cycle followed by a 4/7th cycle, their indicator/software is about as useful as rocking horse sh*t!
Cycles are as frustrating as Elliott Wave, except to me, they look better.
The cycle analysts I have the most respect for are:
Walter Bressert and John F. Ehlers
If you find anything useful, keep me in the loop
Rock n Roll,
Strat
15 YEARS OF PASR ON FOREX FACTORY!
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