Analysis and Trading based on Envelopes, Waves, Cycles | Page 77 | Forex Factory

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Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
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Analysis and Trading based on Envelopes, Waves, Cycles

  • #1,521
  • Oct 19, 2018 5:14am Oct 19, 2018 5:14am
DAX Closed Short position + 125 points
Attached Image (click to enlarge)
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  • #1,522
  • Oct 19, 2018 5:41am Oct 19, 2018 5:41am
Sold position because Crossing of Centered Moving Averages build a bottom - at least for some time

pause or counter uptrend was probable

I keep my eyes open
Attached Image (click to enlarge)
Click to Enlarge Name: DAX MMC 19 OCTOBRE 2018.png Size: 136 KB
  • #1,523
  • Oct 19, 2018 5:50am Oct 19, 2018 5:50am
Hi, Alain,
Just a quick post to say thanks for all the in depth Murrey information, and answers to my many questions, I will need a little time to digest it all and see how I can take advantage of it,
Now I have another Question, haha, you mostly show trades on the 1 min Dax, to me its not always clear when you have entered and exited but that a-side in some of your posts you mention the use of the FLD but I never see it shown on your trading charts, any chance in a time convenient to yourself, giving a live example of its use.
Thanks as always
Dave
  • #1,524
  • Oct 19, 2018 6:12am Oct 19, 2018 6:12am
Quoting OAPDave
Hi, Alain, Just a quick post to say thanks for all the in depth Murrey information, and answers to my many questions, I will need a little time to digest it all and see how I can take advantage of it, Now I have another Question, haha, you mostly show trades on the 1 min Dax, to me its not always clear when you have entered and exited but that a-side in some of your posts you mention the use of the FLD but I never see it shown on your trading charts, any chance in a time convenient to yourself, giving a live example of its use. Thanks as always...
Closed Short position + 15 points

Open position on FLD 32 (blue) -

Close a little before the target because momentum was uncertain to protect the profits
Attached Image (click to enlarge)
Click to Enlarge Name: DAX SHORT FLD 19 OCTOBRE 2018.png Size: 156 KB
  • #1,525
  • Oct 19, 2018 6:23am Oct 19, 2018 6:23am
DAX Closed Long position + 44 points
Attached Image (click to enlarge)
Click to Enlarge Name: DAX LONG 19 OCTOBRE 2018.png Size: 214 KB
  • #1,526
  • Edited 11:46am Oct 23, 2018 8:54am | Edited 11:46am
Quoting jmn5611
{quote} It is good that you use MM for what it is. There is a lot wrong with the MM methodology. I bought one of his books around the turn of the century. It was literally a collection of hand written notes that was cheaply bound at the nearest packaging store. The Gann angles were wrongly applied, and there was a LOT of magical thinking going on there. First, he set his reset dates for the Harvest Moon, then, he decided on his birthday, as if either date had anything at all to do with turning points. There were misspelled words everywhere in the...


Jmn5611 we have to remember that at the time when Murrey published his "book" we had not all the technical means that we have right now.

Anyway you are right Charts are difficult to read (see the attached chart)

I was recently reading again one chapter : Setting Up Murrey Math Lines - 32 pages

Fact is that there is in the book no synthetic methodology, only a collection of "tools", remarks , notations etc , but no real methodology even less a trading system.

It is why in 20 years I never saw anyone developping a "trading system" or something close in the various dedicated threads or forums.

The only reason IMHO is that there is NO Murrey's Trading System, hence you can not automatize or mechanize it.

Most people have used MML's to define a grid of Horizontal Lines "à la Gann " or "à la Murrey" (your personnal choice). It is what some talented programmer have tried - see some old threads on Forex Factory. But what was the practical result in Trading Terms ?

these threads are now dead because of the absence of results

Anyway We can give T.H. Murrey some credit in the popularization of the "Gann's Lines " and the "Octave" use.
Attached Image (click to enlarge)
Click to Enlarge Name: MURREY 143 C DOW INDUSTRIALS.png Size: 879 KB
  • #1,527
  • Edited 11:40am Oct 23, 2018 11:27am | Edited 11:40am
Quoting jmn5611
{quote} One thing that never really got highlighted during the Murrey - Gann debate is that the squares start from the square of four and fan out as price moves through time. This means that the "squares" can be asymmetrical as price moves through time. Each time a square reaches it's end by price squaring time, the sequence starts again. I find that the fibo tool works closer when I do use this method of analysis. Gann and Murrey have little to do with actual trading because the analysis must still be confirmed with good PA. Mladen made a MTF MML...
jmn5611

there is some predictive power when using "Octave" and MML's (I prefer to call them Support and Resistance Line) SRL's

I will explain later with some examples
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FACEBOOK 8 8 ANS.jpg Size: 142 KB
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Attached File(s)
File Type: pptx 2 FRACTAL STRUCTURE OF TIME AND PRICE ENGLISH 17.pptx   2.2 MB | 394 downloads
File Type: pptx 3 PRICE PARABOLIC BEHAVIOUR AND FIBONACCI ENGLISH 22.pptx   4.0 MB | 412 downloads
  • #1,528
  • Oct 24, 2018 4:21am Oct 24, 2018 4:21am
Attached Image (click to enlarge)
Click to Enlarge Name: DAX 11 24 OCTOBRE 2018.png Size: 285 KB
  • #1,529
  • Oct 24, 2018 2:10pm Oct 24, 2018 2:10pm
DOW Closed Short position + 564 points
Attached Image (click to enlarge)
Click to Enlarge Name: DOW SHORT 24 OCTOBRE 2018.png Size: 253 KB
  • #1,530
  • Oct 25, 2018 3:15pm Oct 25, 2018 3:15pm
DOW Closed Short position + 116 points
Attached Image (click to enlarge)
Click to Enlarge Name: DOW SHORT 25 OCTOBRE 2018.png Size: 245 KB
  • #1,531
  • Oct 25, 2018 4:00pm Oct 25, 2018 4:00pm
DOW Closed Short position +48 points
Attached Image (click to enlarge)
Click to Enlarge Name: DOW SHORT 2 25 OCTOBRE 2018.png Size: 4.1 MB
  • #1,532
  • Oct 29, 2018 6:45am Oct 29, 2018 6:45am
Hello,
Do anyone know about 'Spectrometer'? It looks like a kind of cycle study but I cannot find more information about this from googling.....
https://www.forexfactory.com/showthr...0#post11556090
https://forex-station.com/viewtopic....02#p1295321502

Thanks!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,533
  • Oct 31, 2018 2:04pm Oct 31, 2018 2:04pm
Quoting heispark
Hello, Do anyone know about 'Spectrometer'? It looks like a kind of cycle study but I cannot find more information about this from googling..... https://www.forexfactory.com/showthr...0#post11556090 https://forex-station.com/viewtopic....02#p1295321502 Thanks!
http://forum.hurstcycles.com/t/using...ilters/591/108

heispark, this thread on a Hurst Cycles forum can be of interest for you
  • #1,534
  • Oct 31, 2018 7:29pm Oct 31, 2018 7:29pm
Quoting parisboy
{quote} http://forum.hurstcycles.com/t/using...ilters/591/108 heispark, this thread on a Hurst Cycles forum can be of interest for you
Thank you very much for this link!
Although, I didn't make decision solely based on this indicator, it looked interesting on GU last night....
Attached Image (click to enlarge)
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #1,535
  • Nov 1, 2018 2:35am Nov 1, 2018 2:35am
i found an mt5 indicator for envelopes. these are the input settings:

  1. MA period - moving average calculation period
  2. MA method - moving average calculation method
  3. Deviation factor - standard deviation ratio
  4. Deviation period - standard deviation calculation period what settings would be best? i know its a broad question

  • #1,536
  • Nov 1, 2018 9:24am Nov 1, 2018 9:24am
Quoting heispark
Hello, Do anyone know about 'Spectrometer'? It looks like a kind of cycle study but I cannot find more information about this from googling..... https://www.forexfactory.com/showthr...0#post11556090 https://forex-station.com/viewtopic....02#p1295321502 Thanks!
Heispark

I am also a user of David Hickson's Sentient Trader program

It exist inside the program a function using Spectral Analysis to determine "rationnally" "mathematically" , scientifically" the period of the various Cycles

Spectral Analysis is IMHO intellectually challenging, but practically of little use, even to confirm the period of Cycles

I prefer to stick visually and manually to the Enveloppes System
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DAX DAILY SPECTRAL ANALYIS_daily.png Size: 2.0 MB
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Click to Enlarge Name: DAX ^GDAXI_csv_daily01_11_2018 ENVELOPES.jpg Size: 122 KB
  • #1,537
  • Nov 2, 2018 5:12am Nov 2, 2018 5:12am
Attached Image (click to enlarge)
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  • #1,538
  • Nov 2, 2018 5:18am Nov 2, 2018 5:18am
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  • #1,539
  • Nov 2, 2018 5:38am Nov 2, 2018 5:38am
The 128 Envelope & 32
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  • #1,540
  • Nov 2, 2018 5:59am Nov 2, 2018 5:59am
Add range expectation in a day ?
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