Analysis and Trading based on Envelopes, Waves, Cycles

Craig I have nothing pro or against OANDA - I just use the data via Trading View for charting purposes

DAX Future Line of Demarcation 256

Price is translated in the Future of 1/2 period of the relevant Cycle

DAX closed Short positions + 24 points

A Capital chart to understand : What is a Wave and What is a Cycle

- A Wave has 2 components - one UP, one DOWN

- A Cycle shows at least 2 identical Waves (theoretically)

It is the repetition of the self (the Wave) at the identical which makes the Cycle. No repetition, no duplication, no cycle.

DOW Closed Short position + 41 points

DOW Closed Short position + 28 points

DAX closed Short position + 18 points

DOW Closed Short position + 41 points

DOW closed Short position + 111 points

DOW Closed Long position + 14 points

entry following the break of the Future Line of Demarcation (FLD) 32 TU - blue -

Stop Loss at the Level of the break

Position closed because the Underlying Downtrend shows a very steep Angle and structurally the theoretical Target roughly 50 points above the break is most of the time "undershot"

DOW Closed Long Position + 55 points

DOW Closed Short position + 25 points

Parisboy

Thanks for explain FLD , it is very good concept .

FLD 32 - 128 -256 = Momentum 16 - 64 - 128 .

Sohocool be cautious !

All FLD types - there are 8 different types- does not work -

IMHO only 4 can structurally work

with FLD you can have :

- a break
- a support or resistance
- a bounce

I will explain these points progressively

DAX closed Long position + 22 points

Paper, pencil, rubber !

DAX Closed Short position + 45 points

DAX Closed Short position + 15 points