Time and Price Forecasting | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Gann angles forecasting Method and SHIBA INU 0 replies

All the Forecasting and Prediction indicators on the market? 18 replies

Economic Indicator Forecasting by Banks: Why and how 4 replies

Anticipation vs. Forecasting 0 replies

Neral Networks to perform technical forecasting 0 replies

Attachments: Time and Price Forecasting
Exit Attachments

Time and Price Forecasting

  • #261
  • Sep 18, 2019 12:37pm Sep 18, 2019 12:37pm
I'm on my 2nd reading on The Secret Science of the Stock Market ( Jenkins )

The first cursory reading was super eye-opening. Planning to go 3 or 4 times as I practice, then read Squaring the Range.

Tried out Speed Resistance Lines on NZDCAD H4 (seemed to lend itself to them, looks similar to the chart Jenkins used to illustrate)

In the process, seems NZDCAD has 52 coded into its structure. Even switching to Weekly charts shows major highs/lows at 52 and 26 counts

I'll track it going forward like a hunter does his prey ( @CaptainJack )

Cheers

Attached Image (click to enlarge)
Click to Enlarge Name: 20190918_nzdcad_h4_52_cycles.png Size: 38 KB
  • #262
  • Sep 18, 2019 12:48pm Sep 18, 2019 12:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: DOW PRICE TIME CONVERSION 18 SEPTEMBRE 2019.png Size: 1.2 MB
  • #263
  • Edited 1:29pm Sep 18, 2019 12:57pm | Edited 1:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD-d-jenkins lg.jpg Size: 87 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD-D--Jenkins Reversals Method.jpg Size: 149 KB

It's easy, detecting turns in the market... here is one example, I will post several ways it's done as there are. This is NZDUSD Daily The vertical Blue line indicates where the probability where reversals could occur. It pretty much nailed it in every instance, as this is a Daily chart.... I will submit more later today...
You NEVER will be the person you could be, without pressure & discipline
  • #264
  • Sep 18, 2019 1:03pm Sep 18, 2019 1:03pm
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: DOW PRICE TIME CONVERSION 2 18 SEPTEMBRE 2019.png Size: 1.2 MB
  • #265
  • Sep 18, 2019 1:13pm Sep 18, 2019 1:13pm
Quoting fundiwambao
I'm on my 2nd reading on The Secret Science of the Stock Market ( Jenkins ) The first cursory reading was super eye-opening. Planning to go 3 or 4 times as I practice, then read Squaring the Range. Tried out Speed Resistance Lines on NZDCAD H4 (seemed to lend itself to them, looks similar to the chart Jenkins used to illustrate) In the process, seems NZDCAD has 52 coded into its structure. Even switching to Weekly charts shows major highs/lows at 52 and 26 counts I'll track it going forward like a hunter does his prey ( @CaptainJack ) Cheers...
It means that NZDCAD is sensible to 1 Year (52 Weeks) and 6 Months (26 Weeks)"vibration"

This is why I use 256, 128 and 32 FOR ALL TIME UNITS when building my Envelopes

NZDCAD 5 Days / 5 mn
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 55 18 SEPTEMBRE 2019.png Size: 1.0 MB
  • #266
  • Edited 1:36pm Sep 18, 2019 1:24pm | Edited 1:36pm
Quoting DiamondMiner
{quote} Swede, well it's like anything else, it costs money. First and foremost agreed, MT4 stinks when it comes to tools and charts. I know of not one professional that uses MT4. Personally, I use Optuma for charts(formally Market Analyst). I am talking to them now to see if they will give you guys some form of discount, we'll see. The alternative is paper charts, as you mentioned. I do a lot on my computer but also use paper charts twenty times a day. All I've tried to do by starting this thread, is to allow traders the awareness that one can...
I totally get what your saying...im looking over Optuma Charts now and they are dedicated to Gann concepts totally...really great charts and not really that expensive imho.....but even for now I did discover one thing on MT4 regarding using Fan and 45 degree along with fibes on the daily charts....if squeezed just right and only the DAILY chart...(not hourly) they identify some pretty good entry spots...I asked myself if I would have traded these areas when considering the level and price action and the answer is Yes...anyway I am really not sophisticated on this but I see what I see......(and i like it ha ha)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-09-18_1223.png Size: 36 KB
  • #267
  • Sep 18, 2019 1:25pm Sep 18, 2019 1:25pm
NZDCAD 1 Month / 30mn
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 1 MONTH 18 SEPTEMBRE 2019.png Size: 1.0 MB
  • #268
  • Sep 18, 2019 1:27pm Sep 18, 2019 1:27pm
NZDCAD 3 Months / 60 mn
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 3 MONTHS 18 SEPTEMBRE 2019.png Size: 1.0 MB
  • #269
  • Sep 18, 2019 1:30pm Sep 18, 2019 1:30pm
NZDCAD 6 Months / 120 mn
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 6 MONTHS 18 SEPTEMBRE 2019.png Size: 1.0 MB
  • #270
  • Sep 18, 2019 1:37pm Sep 18, 2019 1:37pm
NZDCAD 5 YEARS / Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD 5 YEARS 18 SEPTEMBRE 2019.png Size: 1.0 MB
  • #271
  • Sep 18, 2019 1:48pm Sep 18, 2019 1:48pm
This Envelopes system allows you to identify and hierarchize rationally Cycles within Price Action of the financial entity observed, here NZDCAD (5 Years)

Here 8 cycles in 5 Years

5 x 52 weeks - 260 / 8 = 32,5 weeks in average
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD CYCLES 18 SEPTEMBRE 2019.png Size: 1.1 MB
  • #273
  • Edited 3:19pm Sep 18, 2019 2:33pm | Edited 3:19pm
I respect your opinion...

each person believes in something....

I think we'll never know the truth about gann ... but I see it works I had great business.
  • #274
  • Sep 18, 2019 2:50pm Sep 18, 2019 2:50pm
Quoting gravitist
"W.D. Gann and H. M. Gartley were two of the most successful traders of our time" Whenever I read that, I know some huckster is trying to sell something.... Here we go again.... W.D Gann made his money SELLING the trading systems he invented. At the time of his death in 1955, his estate was valued at $100,000 according to his son. Gartley also made money SELLING books and "trading courses" and later running a company. I found his 1/29/1972 NYT obit which was archived and can be found at nytimes.com: Harold M. Gartley, who retired in 1968 as president...
Reading some of your posts on ff...you certainly spread a lot of negativity..always justifying it with "I am only telling the truth". Little bit arrogant, don't you think? How can you assume that you know the truth? Just because you can't trade successfully? People in this thread are really kind, so people will tolerate your opinion, I guess. But maybe it would be the best for yourself, if you stop running in circles through so many different threads and try to tell people your negative truth .. but what do I know..maybe you gain something out of it
TWEE, revoke my membership.
  • #275
  • Sep 18, 2019 3:07pm Sep 18, 2019 3:07pm
Guys I had to block someone to whom was preaching who died with what? Rich? Broke? and some non-sense... I do not put up with BS... See Guidelines...Zero Tolerance for BS. This thread is for those to whom want to add to their trading plan methods for better entry and exit. I could give a rats ass about who made what.
P
You NEVER will be the person you could be, without pressure & discipline
  • #276
  • Sep 18, 2019 3:13pm Sep 18, 2019 3:13pm
Quoting parisboy
{image}
Hi parisboy, this is the Jenkins Time Conversion Bar (TCB) method if I'm not mistaken. This requires a scaled chart though, isn't it? Like if I start to mess with the price scale on the right and start to drag it up and down then the low would fall in a different place and the method wouldn't work.

I currently have a method to scale a chart properly in TradingView but it's quite time consuming. What methods do you use to scale your chart?
  • #277
  • Sep 18, 2019 3:23pm Sep 18, 2019 3:23pm
it's sad that some people don't believe in something to trade...
  • #278
  • Sep 18, 2019 3:42pm Sep 18, 2019 3:42pm
Quoting majomember
{quote} Hi parisboy, this is the Jenkins Time Conversion Bar (TCB) method if I'm not mistaken. This requires a scaled chart though, isn't it? Like if I start to mess with the price scale on the right and start to drag it up and down then the low would fall in a different place and the method wouldn't work. I currently have a method to scale a chart properly in TradingView but it's quite time consuming. What methods do you use to scale your chart?
I found this video on youtube:
Inserted Video


It shows how to scale a chart on mt4 but don't know if this is the best or most accurate way. If someone knows a better way than this I would want to know too.
  • #279
  • Edited 4:01pm Sep 18, 2019 3:50pm | Edited 4:01pm
Quoting majomember
{quote} Hi parisboy, this is the Jenkins Time Conversion Bar (TCB) method if I'm not mistaken. This requires a scaled chart though, isn't it? Like if I start to mess with the price scale on the right and start to drag it up and down then the low would fall in a different place and the method wouldn't work. I currently have a method to scale a chart properly in TradingView but it's quite time consuming. What methods do you use to scale your chart?
Hi majomember, I will explain progressively my viewpoint on scaling .

To begin let's say that TradingView (that I use) scales correctly (almost gann-like) as most of platforms.

This chart shows APPLE 1 Year Daily

As you can see the Low of the 1 Year Period is (graphically observed) 143 $ and the Top = 233 $

Range is 243 - 143 = 90 $
90 $ / 8 = 11.25 $

11.25 is roughly the Gann Octave used by Gann dividing by 8 the Range between a significant Top and a significant Low. It is what I called Gann version 1.0

Note that TradingView automatically chooses as Top of its frame 236 and 140 as Low. 236 - 140 = 96

Note that the range defined by TradingView 96 is very close of 90 (range of Gann version 1.0). as the Octave 96/8 = 12 very close from 11.25

Hence tradingView scaling is quasi-gannish
Attached Image (click to enlarge)
Click to Enlarge Name: SCALING LOW AND TOP.png Size: 1.4 MB
  • #280
  • Sep 18, 2019 4:05pm Sep 18, 2019 4:05pm
Attached File(s)
File Type: pptx 2 FRACTAL STRUCTURE OF TIME AND PRICE ENGLISH 17.pptx   2.2 MB | 1,470 downloads
1 trader viewing now