Polishing my crystal ball
Dislikedso in responce to Merlin's claim that there is nothing new in ForexIgnored
DislikedIs it almost the same with Bill Williams Alligator?Ignored
DislikedThanks for the indicator. Could you maybe cover a bit more on the topic of these 6 pressure points? Is your theory at all similar to J-charts?Ignored
DislikedLooks like it's just you and me buddy. OK now 12 hours a day (minimum) 360 days a year for 2 years comes to........errrr..........8640 hours.
Would you like a quick summary or would you like me to go into some details.
What's a J-chart?
DislikedWhat every trader wants to know, why the markets do what they do.
I am going to split this section in two, you need to know the basics before proceeding to the more interesting second part.
What are trajectories and what is their purpose.
First the basics. Data points. Every candlestick ( or Bar ) has four data points know to all as OPEN,HIGH,LOW and CLOSE. Radiating out of each of these data points are four invisible rays sent out into the future looking to pick up similar signals transmited backwards from candles that will be formed in the future.
If you are a visual person, think of it like this.You are holding in your hand last weeks candle, and I am holding this weeks candle,which just closed.
From the High of your candle tie 4 pieces of string, and I will attach one to my Open, one to my High,one to my Low,and one to My close. The process is repeated until we have 16 pieces of string. These are the trajectories. In reality they pass thru my candle and into the future,they last forever.
They may pick up a signal again in two weeks or ten years or never.
It's Important to mention here that the more times a trajectory touches a candle the stronger it becomes and the more it is respected by the markets.
Each candle therefore has 32 trajectories, 16 going into the future and 16 going into the past.
The good news is, in part 1 we are only interested in two of those trajectories. The ones that go from HIGH to HIGH, and the ones that go from LOW to LOW.
Lets look at the Lows, the market moves down, hesitates, and then starts to climb again. From the low of the lowest candle a trajectory is beamed out into the future looking for another low. After the market moves up and reverses it starts its decent until a candle is formed who's lowest low, beaming out a signal into the past, locks on to the signal sent out by the previous low. The market respects this (now much stronger) trajectory and stops and reverses, climbs falls, and meets the tragectory again which it respects, making the trajectory even stronger.
But you already know all of this.
You just call it a Trendline.
This obviously is support, high to high to high is resistance.
Every candle tells a story. Every candle, on every timeframe, tags two trajectories. The highs and lows pass through them. If the trajectories are far apart, what you get is a big candle.
What I hav'nt mentioned is the clock is ticking.The market must be at a given price point at a certain time. If for some reason it gets held up and is running late, it makes up for it with the massive sudden movements that we have all seen.
The market likes order.
Now, remember, all time frames need to work together to achieve the markets goals. All these movements need to work in sync, and be ontime.
The second part is about looking for trajectories that go from swing low to swing high, back to swing low.
DislikedHi arcus, is this question about the 3D osilator? If it is then I don't know.
I had never looked at Aligator until I read your Post. I took a quick look at it and was really dissapointed. It's way too slow.
The only way to check it out is to run alligator and 3D Osilator on the same chart and observe.
Good Luck and good trading
DislikedNo, what I mean is the picture attached above, there is three lines that looks almost the same with Aligator. Just wondering.Ignored
DislikedRiddle: Why (or how ) do doji's prove the markets are not random.
Coming soon :Trajectory's......"holes thru the air".