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Time and Price Forecasting

  • #381
  • Edited 6:02pm Oct 1, 2019 5:37pm | Edited 6:02pm
Quoting Steve666
I often scan my stock data for geometric patterns in Amibroker. Attached is one that came up this afternoon on Fortuna Silver Mines showing a Gartley Pattern. While this may not qualify in Scott Carney's world, it presents a starting point for possible further analysis. I have also overlayed this image with a Beck/Gann emblem which indicates a possible reversal point (CIT) {image} {image} I wonder if forum members have any comment. S.
Steve666, I recognized the Beck emblem as I was his first student about ten years ago. Yes, the Becks Emblem, can identify the turns however, by adding the Quadrilateral tool will dial in the price, but by adding Time Price Vectors tool will dial in Time. You will find all those tools with Market Analyst Software click the link and they'll give you Trial Demo but it will cost you a Dollar. https://optuma.com/UFM Those tools mentioned when used properly are enough to make anyone wealth. Steve, next time try to notice after you put on your Tetrad, or BE take notice of the 52 degrees line. Many Times the magic begins there. Good Post Steve666
Attached Image (click to enlarge)
Click to Enlarge Name: 52 Degrees.jpg Size: 103 KB
You NEVER will be the person you could be, without pressure & discipline
  • #382
  • Oct 2, 2019 2:07am Oct 2, 2019 2:07am
Many Thanks DiamondMiner.

Interesting choice of tradeable and time period. Looks like part of a teaching lesson.

If memory serves me correctly 52 degrees is the approx slope of the Giza pyramid.

Would it be possible to complete this example with the quad tool and a time price vectors tool dialed in for time.

Or alternatively I was looking at a current chart of Grainger. Which is not disimilar.

If you used your Optima software would it look like this or an I way off base and don't understand Beck's geometric concepts.

Attached Image (click to enlarge)
Click to Enlarge Name: Grainger LSE.jpg Size: 351 KB


Many thanks for your wisdom.

Steve666
  • #383
  • Oct 3, 2019 7:00pm Oct 3, 2019 7:00pm
Quoting kokoandkoko
{quote} Hi Fundi, so where did You have taken those numbers from? Any reading about it? Thank You for explanation. Regards.
Hallo,

I have received a few PMs asking where the numbers are from, etc

There are several books already shared in the thread.

Pete (@DiamondMiner) has emphasized severally to study Michael S. Jenkins (MSJ) work

Read:
1. The Secret Science of the Stock Market ( MSJ ) - pdf attached to the thread
2. Squaring the Range (MSJ ) - pdf attached to the thread
3. MSJ Trading Video ( 6 hours ) - link on the thread

I assure you, 10s of lightbulbs will go on, adding to the trading experience and tools you already have

.
  • #384
  • Edited 7:16pm Oct 3, 2019 7:05pm | Edited 7:16pm
In his trading video, one of the things MSJ mentions 'casually' is using 45 degree angles on impulse waves.

Enter when price breaks the 45 degree trendline, trail stop two candles behind

This is EURUSD M15 from two days ago. Works on any timeframe.

Ratio = top of impulse / bottom of impulse ( e.g: 1.0907 / 1.0878 = 1.002638 (rounded)
Square root of 1.002638 = 1.00131826
[ the above: Jenkins Natural Ratios to determine next support/resistance lines ]

1.0907 * 1.002638 = 1.0935 --> the next level after trendline was broken ( TP hit )
1.0935 * 1.002638 = 1.0964 --> TP hit
etc
( solid lines in chart below )

Multiplying by Square Root of ratio gives you the half points where price dances around --> dotted lines in chart below

As simple as it gets. Or as Pete (@DiamondMiner) said, there are 47 ways to do this shit!

Attached Image (click to enlarge)
Click to Enlarge Name: 20191002_eurusd_m15_45deg_trades.png Size: 42 KB


.
  • #385
  • Oct 3, 2019 7:16pm Oct 3, 2019 7:16pm
Quoting fundiwambao
{quote} Hallo, I have received a few PMs asking where the numbers are from, etc There are several books already shared in the thread. Pete (@DiamondMiner) has emphasized severally to study Michael S. Jenkins (MSJ) work Read: 1. The Secret Science of the Stock Market ( MSJ ) - pdf attached to the thread 2. Squaring the Range (MSJ ) - pdf attached to the thread 3. MSJ Trading Video ( 6 hours ) - link on the thread I assure you, 10s of lightbulbs will go on, adding to the trading experience and tools you already have .
Fundiwambao, Glad, you know and little by little others are waking up to Alternative Analysis techniques. For a good while, I've said all a while but encounter nay sayers. I've been ill with medical issues lately and can't do much to help, however when I am better I will show much more as there is a ton of knowledge out there that I am aware of. If anyone is a Coder that can write Pascal PM me.
You NEVER will be the person you could be, without pressure & discipline
  • #386
  • Oct 3, 2019 10:06pm Oct 3, 2019 10:06pm
fundiwambao,

Just an observation:

Most beginning Gann practioners usually give up when trying to draw 45 degree trendlines on any chart; particularly on a computer screen as it usually doesn't work unless they are lucky. The same usually applies to paper charts.

Or they might read a Gann article and become frustrated trying to reproduce the results.

Scaling therefore is everything in GANN.


To show this I have tried to reproduce your chart and then change the Y-axis scaling.

Attached Image (click to enlarge)
Click to Enlarge Name: fundiwambao Image.png Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: fundiwambao Image (Different Scaling).png Size: 73 KB


So the graphing program's/site's functionality and the operator's knowledge are an integral parts of Gann analysis.

S.
  • #387
  • Edited 6:56pm Oct 5, 2019 5:34pm | Edited 6:56pm
This may be worth reading: http://danieltferrera.com/wp-content..._Trader_SM.pdf
Attached File(s)
File Type: pdf THE GANN_.pdf   911 KB | 13,841 downloads
You NEVER will be the person you could be, without pressure & discipline
  • #388
  • Oct 5, 2019 11:54pm Oct 5, 2019 11:54pm
Quoting DiamondMiner
This may be worth reading: http://danieltferrera.com/wp-content..._Trader_SM.pdf {image}
You might like to correct/address a typo error on the first page of that pdf file.

In the SQ9 wheel the inner '13' should be '3' ... just a simple typo but needs to be corrected.

Good trading,

Masterrmind............
Master your Mind then Master your Trades
  • #389
  • Oct 6, 2019 5:21am Oct 6, 2019 5:21am
Quoting Masterrmind
{quote} You might like to correct/address a typo error on the first page of that pdf file. In the SQ9 wheel the inner '13' should be '3' ... just a simple typo but needs to be corrected. Good trading, Masterrmind............
Mastermind, thanks for the heads up, but this is what he published. I have no intention to edit his work. However I did run across this document yesterday.
Attached File(s)
File Type: pdf s91.pdf   9.7 MB | 1,665 downloads
File Type: pdf issue68.pdf   8.3 MB | 1,259 downloads
You NEVER will be the person you could be, without pressure & discipline
  • #390
  • Oct 6, 2019 8:03am Oct 6, 2019 8:03am
Quoting DiamondMiner
{quote} Mastermind, thanks for the heads up, but this is what he published. I have no intention to edit his work. However I did run across this document yesterday. {image} {image}
In that case agreed !

Just mentioning that typo is sufficient enough.

Masterrmind ........
Master your Mind then Master your Trades
  • #391
  • Edited 6:22pm Oct 6, 2019 5:34pm | Edited 6:22pm
Scott Hathaway uses geometric trading exclusively in forecasting the markets and with great success I might say. Fact of the matter he has even invented his on tools. Feel free to view his videos on his developed and available methods, as when done properly forecasts the markets can be predictable.
As I have always said, there are about 47 ways to do this shit. ( you do not have to know Gann, Elliott, Jenkins, Beck or anyone else. As long as you have the software, EVERYTHING is possible to do this stuff successfully, just believe in yourself)

Vector Basics 1
https://vimeo.com/147021085

Vector Concentric Circle Basics 1
https://vimeo.com/147067359

PTP Video Fractional Harmonix
https://vimeo.com/255143044

Parabolic Curve Basics 1
https://vimeo.com/146992881

Setting up VCC in Relative Charting Environment
https://vimeo.com/255143392

Optuma (Market Analyst)Software Trial Demo Link:
https://optuma.com/UFM
You NEVER will be the person you could be, without pressure & discipline
  • #392
  • Oct 8, 2019 6:21am Oct 8, 2019 6:21am
Quoting parisboy
{quote} some Jenkins books {image} {image} {image} {image} {image} {image}
As far as I can see so far, the most important MSJ books

Thanks PB
  • #393
  • Oct 8, 2019 3:26pm Oct 8, 2019 3:26pm
Hi Diamond Miner
Here's a blank chart of the USD on a daily. I'd like to see your work on this one for an example.
Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: USD DAILY061019.jpg Size: 459 KB
Fib Traders get it right 61.8% to 78.6% of the time. NR
  • #395
  • Oct 8, 2019 7:58pm Oct 8, 2019 7:58pm
Quoting failinforex
{quote} No, this thread is for backward testing to confirmed where WAS price weeks ago.
Failinforex, It is very possible that a person with a name of Fail-in-forex probably still lives in his Mom's basement? Eh? LOL Maybe you do not get it, and probably you never will get it but what is going on in this thread? But there are a few smart ones out there. Those few smart ones will eventfully have your Capital. Back testing is a method to prove to ones self validity that they were right when learning something new, nothing more but important.
You NEVER will be the person you could be, without pressure & discipline
  • #396
  • Oct 8, 2019 8:02pm Oct 8, 2019 8:02pm
Quoting Romanov102
Hi Diamond Miner Here's a blank chart of the USD on a daily. I'd like to see your work on this one for an example. Thanks. {image}
Nick, I'll look at it soon, I just had the re-do on Cataract surgery this morning. I think it was successful this time.
P
You NEVER will be the person you could be, without pressure & discipline
  • #397
  • Oct 8, 2019 8:15pm Oct 8, 2019 8:15pm
Quoting DiamondMiner
{quote} Nick, I'll look at it soon, I just had the re-do on Cataract surgery this morning. I think it was successful this time. P
Peter I'm glad the surgery has been done
How do you feel after surgery? How is your recovery?

Cheers.
  • #398
  • Oct 8, 2019 8:24pm Oct 8, 2019 8:24pm
Quoting Marcieny
{quote} Peter I'm glad the surgery has been done How do you feel after surgery? How is your recovery? Cheers.
Thanks Marci for asking, Much better then before. After two weeks of having vision in only one eye, it makes one sincerely feel sorry for those with no or bad vision. These is an old American Indian Proverb that goes like this: Never criticize a man until you've walked a mile in his moccasins.
P
You NEVER will be the person you could be, without pressure & discipline
  • #399
  • Oct 8, 2019 8:29pm Oct 8, 2019 8:29pm
Quoting DiamondMiner
{quote} Thanks Marci for asking, Much better then before. After two weeks of having vision in only one eye, it makes one sincerely feel sorry for those with no or bad vision. These is an old American Indian Proverb that goes like this: Never criticize a man until you've walked a mile in his moccasins. P
  • #400
  • Oct 8, 2019 8:56pm Oct 8, 2019 8:56pm
I highly appreciate the profound content of this thread.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
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