Time and Price Forecasting

Quoting DiamondMiner

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{quote} And the Wine can only get better...

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Quoting DiamondMiner

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Here is an example of where DMG Diagonal Market Geometry has the possibility to see where time and price meet. Basically, the turns in the market were on target. Everyone wants to know where the turns are in the road because trading is like driving through mud sometimes. {image}

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Quoting simon.says

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{quote} Hi everyone, In an earlier post the picture below was used to demonstrate how one could forecast turning points. Now, I understand how the angles (Jenkins Secret Angle Method) and the support and resistance levels were created. What I have a problem with is to see how those lines translate into buy and sell signals. I would be grateful if someone could explain why the vertical lines and circles are drawn where they are . Simon {image}

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Quoting carbonmimeti

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{quote} Hi Simon, please see my post n° 571, or if you have a scaled chart you must see angle of trendline LOW/ HIGH ....AB ( YELLOW) divide it by 1/3...2/3..1/2..1/4...1/8 much important is obviously 1/2 then you divide distance BC into 1/8 (C is point angular trendline 1/2 connects below HIGH) then connect LOW A to X,Y,Z,K...etc..etc ok? as you can see in my chart EURUSD 1H scaled chart AB is 23.7°, so my angular trendline 1/2 is 11.85 (RED) ....2/3 (LIGHT BLUE) {image}

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Quoting fundiwambao

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As price, so time {image}

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Quoting DiamondMiner

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Remember the 45 Degree Rule: This little known but passed up rule can make you money.Most traders biggest problem is that they do not listen to what was just said. Fundiwambao and Swede picked it up the first time out of the gate.... I hope you do too. https://youtu.be/AOf9dy_veLM

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Quoting Steve666

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Lets see where this goes.... D point was a little lower than optimal but OK. Target zone marked. S. Edit: Schiff PF added. {image}

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Quoting Steve666

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Lets see where this goes.... D point was a little lower than optimal but OK. Target zone marked. S. Edit: Schiff PF added. {image}

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Quoting majomember

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{quote} Hello DiamondMiner, I'm going through Jenkins' work and one time he mentions that offset angles work the best but because it's hard to draw them, he uses the grid method shown here most of the time. With the grid method he assumes the first leg is the is a 4x1 angle, and he says this assumption is correct 90% of the time. Well on tradingview it is very easy to draw the offset angles and I have been experimenting with them and what I found is that the firs leg is rarely a 4x1, it s rather somewhere between a 8x1 and a 4x1. For example...

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Quoting Steve666

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Tks Peter, Good pick up. Sometimes 1 1/2 eyes are better than 2. Closer inspection will show we are looking at substantially different time periods. If the pattern evolves it would be closer to a Butterfly one not a Gartley. This does suggest however that the BE is not just for Gartleys. Further investigation is surely warranted. What is not clear whether you are using calendar or trade days on the plot. This may make a difference in your timing dates projections and analysis. S.

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Quoting DiamondMiner

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{quote} .... If someone would just stop what they are doing and just study this pic, they would learn so much. But... they won't.

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