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Time and Price Forecasting

  • #921
  • Dec 7, 2019 4:52pm Dec 7, 2019 4:52pm
Quoting Steve666
.....So here is the Euro.....you have to have blinders on not to see the validity of the levels set just by establishing a normal impulse wave and making the calculations...then placing lines above or below price.... So if you are making a point Swede why no illustrate it using the tradable under discussion (GBPJPY) ??
Certainly if you like....personally I like to not trade GJ do to the extreme volatility....but a pattern is a pattern...and any currency has its own footprint....I just thought anyone who is looking at this thread would be interested in optional ways to analyze a currency to help them and Jenkins is a master at determining support or resistance in a way that few of us have had the opportunity to study...Thank Peter for that....I was not being critical of you or your method....I use harmonic indicators on my daily chart also......anyway, last post for a bit.....seems everyone is so sensitive to learning something new, instead of accusing me of holding something back because I didn't post a GJ chart...like my posting would fall apart if I stepped in hallowed ground of the most volatile cross of all...lol lol
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  • #922
  • Dec 7, 2019 4:55pm Dec 7, 2019 4:55pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 60 mn 6 MONTHS 7 DECEMBRE 2016.png Size: 1.5 MB
  • #923
  • Dec 7, 2019 5:14pm Dec 7, 2019 5:14pm
Gann Support & Resistance Lines

Division by 8 of the Price Range = Octave
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD SRL 8 DECEMBRE 2019.png Size: 1.1 MB
  • #924
  • Dec 7, 2019 5:23pm Dec 7, 2019 5:23pm
Quoting parisboy
Gann Support & Resistance Lines Division by 8 of the Price Range = Octave {image}
Excellent.....doesn’t take a rocket scientist to see the validity of these levels....if you don’t mind my asking, what charting package do you use? I’m looking at several before making a final decision.
  • #925
  • Dec 7, 2019 5:36pm Dec 7, 2019 5:36pm
Quoting Swede
{quote} Excellent.....doesn’t take a rocket scientist to see the validity of these levels....if you don’t mind my asking, what charting package do you use? I’m looking at several before making a final decision.
Swede I use TradingView , and Excel

These lines are manually drawn with Paint

It is efficient and quick . This manual procedure reminds you the link between theory and day to day reality

The Key is the correct scaling .... which is given by the charting package

For each TimeFrame your charting package generates a scaling which is very close of the "theoretical one" considered by Gann

The levels change obviously with the Time being, but the longest Time Frame you use the more stable is your scaling as long as a new Top or a new bottom is reached
  • #926
  • Dec 7, 2019 5:55pm Dec 7, 2019 5:55pm
You have 2 possibilities

either you position your Baseline on the horizontal division generated by the charting package which is the closest of the lowest Price Action data of the Chart

either you position your Baseline on the lowest horizontal line generated by the charting package

generally the "best choice" is obvious

sometimes you just have to keep both charts and to see with the time being which one fits the best with Price Action
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD SRL 8 DECEMBRE 2019.png Size: 1.1 MB
Click to Enlarge Name: EURUSD SRL 2 8 DECEMBRE 2019.png Size: 1.2 MB
  • #927
  • Dec 7, 2019 6:02pm Dec 7, 2019 6:02pm
Sorry Swede

The Horizontal Lines are manually drawn using Trading View option

TrendLine

or Trend Angle
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD HORIZONTAL LINES.png Size: 2.7 MB
  • #928
  • Dec 7, 2019 6:04pm Dec 7, 2019 6:04pm
Quoting Swede
{quote} Excellent.....doesn’t take a rocket scientist to see the validity of these levels....if you don’t mind my asking, what charting package do you use? I’m looking at several before making a final decision.
In most of the cases you get a very efficient Roadmap for both Analysis and Trading
  • #929
  • Dec 7, 2019 6:18pm Dec 7, 2019 6:18pm
DAX Support & Resistance Lines

Price Range 0 / 15.000

Gann Octave = 15.000 / 8 = 1.875
Attached Image (click to enlarge)
Click to Enlarge Name: DAX SRL 1987-2019.png Size: 2.5 MB
  • #930
  • Edited 6:42pm Dec 7, 2019 6:22pm | Edited 6:42pm
DAX Angles

Price Range 1.250 / 13.750

Gann Octave = (13.750 - 1.250) = 12.500 / 8 = 1.562.50
Attached Image (click to enlarge)
Click to Enlarge Name: DAX ANGLES 1987-2019.png Size: 3.2 MB
  • #931
  • Dec 7, 2019 6:34pm Dec 7, 2019 6:34pm
Attached Image (click to enlarge)
Click to Enlarge Name: DAX MOMENTUM LINES 1987-2019.png Size: 2.8 MB
  • #932
  • Dec 7, 2019 7:15pm Dec 7, 2019 7:15pm
Quoting DiamondMiner
Ross Beck's Geometric Trading Course "Creating a Futures Workbook" Part 6 https://my.pcloud.com/publink/show?c...rGNkWM20Hrj0nV If you want to try the trial of Optuma https://optuma.com/UFM
Thank you... please keep these coming
  • #933
  • Dec 8, 2019 12:30am Dec 8, 2019 12:30am
Quoting Swede
{quote} Just be aware of the upcoming election...currencies often do very erratic moves that trump the best of setups..plus many trading houses are winding down this month for the holidays....
noted thank you
  • #934
  • Edited 10:48am Dec 8, 2019 3:31am | Edited 10:48am
Ross Beck's Geometric Trading Course "Fibonnaci Versus Gann" Part 7 https://my.pcloud.com/publink/show?c...0bFKxUGHr55mbk

Bryce Gilmore's Trading with an Edge: https://my.pcloud.com/publink/show?c...FpS13ciXFv3Mr7

Bryce Gilmore's Trading to Win Course: https://my.pcloud.com/publink/show?c...75irLwkz6bYWOk
Attached File(s)
File Type: pdf Bryce_Gilmore-_geometry_of_markets_I.pdf   8.3 MB | 1,205 downloads
File Type: pdf Bryce_Gilmore-_geometry_of_markets_II.pdf   8.1 MB | 1,164 downloads
File Type: pdf Dynamic_Time_and_Price_Analysis_of_Market_Trends_-_Bryce_Gilmore.pdf   7.7 MB | 1,296 downloads
You NEVER will be the person you could be, without pressure & discipline
  • #935
  • Dec 8, 2019 5:13am Dec 8, 2019 5:13am
Michael S Jenkins Explains Gann's Time and Price Squared
Inserted Video
You NEVER will be the person you could be, without pressure & discipline
  • #936
  • Dec 8, 2019 10:57am Dec 8, 2019 10:57am
Notice that the Enveloppe 256 Time Units (here daily) allows you to rationally identify and classify Long term Swings of the same nature, degree, order whatever you name it
Attached Image (click to enlarge)
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  • #937
  • Dec 8, 2019 11:09am Dec 8, 2019 11:09am
Elliott Waves theory is flawed because Elliott never defined what is a Wave, how to identify it

A Wave has 2 Components : a Swing UP and a Swing DOWN
Attached Image (click to enlarge)
Click to Enlarge Name: DAX WAVES 1987-2019.png Size: 736 KB
  • #938
  • Dec 8, 2019 11:17am Dec 8, 2019 11:17am
Quoting parisboy
Notice that the Enveloppe 256 Time Units (here daily) allows you to rationally identify and classify Long term Swings of the same nature, degree, order whatever you name it {image}
hi Paris keep posting this stuff is great i am taking notes i need to find a way to organize all this information coming this is similar to the hurst cycle just to difficult to understand that book (at least for me ) one think i got out of Hurst is cycle pick left side translation is bearish and when the pick on the right side is bullish
if you have time can you post a chart of Gold with your envelops ? thank you very much keep learning ciao
  • #939
  • Dec 8, 2019 11:17am Dec 8, 2019 11:17am
Quoting Pash9
{quote} Dear Sir Parisboy, By any chance do u own this book Gann Science The Periodic Table & The Law of Vibration By Eric Penicka

Pash did you see this article in Trader's World on using pi as a constant by Eric Penicka? http://www.sacredscience.com/Penicka...d-Articles.htm
  • #940
  • Edited 11:31am Dec 8, 2019 11:21am | Edited 11:31am
You can also use Envelopes whose Amplitude is based on Gann Octave to identify and classify BAT Patterns
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: DAX 1987-019 BAT PATTERN 2.png Size: 785 KB
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