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Time and Price Forecasting

  • #1,021
  • Dec 16, 2019 4:18pm Dec 16, 2019 4:18pm
[quote=DiamondMiner;12665339]Guy's I have to fly and do business North of San Francisco tomorrow, be back in a few days.

Safe flight
  • #1,022
  • Dec 17, 2019 3:34am Dec 17, 2019 3:34am
Due to popular demand I have exceeded 22.1 GB of downloads this last week, largely because of the Beck's Geometric Trading Course. Currently I'm close to exceeding my download limit, while there are a few more. Hum? Let me think about it? I've got to catch a flight do business and drive 732 miles back while you guys are comfortable at home with your bedroom slippers on...LOL
Remember: if you are not growing, you are dying. Think about it....
P
You NEVER will be the person you could be, without pressure & discipline
  • #1,023
  • Dec 17, 2019 3:54am Dec 17, 2019 3:54am
Christmas greetings and good luck on your business trip, I want to say; take it or leave it, you are my mentor as far as this industry is concerned, thank you once again Diamond Miner
  • #1,024
  • Dec 17, 2019 4:25am Dec 17, 2019 4:25am
Quoting DiamondMiner
Due to popular demand I have exceeded 22.1 GB of downloads this last week, largely because of the Beck's Geometric Trading Course. Currently I'm close to exceeding my download limit, while there are a few more. Hum? Let me think about it? I've got to catch a flight do business and drive 732 miles back while you guys are comfortable at home with your bedroom slippers on...LOL Remember: if you are not growing, you are dying. Think about it.... P
journey mercies
  • #1,025
  • Dec 17, 2019 4:58am Dec 17, 2019 4:58am
Quoting DiamondMiner
Due to popular demand I have exceeded 22.1 GB of downloads this last week, largely because of the Beck's Geometric Trading Course. Currently I'm close to exceeding my download limit, while there are a few more. Hum? Let me think about it? I've got to catch a flight do business and drive 732 miles back while you guys are comfortable at home with your bedroom slippers on...LOL Remember: if you are not growing, you are dying. Think about it.... P
have a safe trip and wish you well for your business
  • #1,026
  • Dec 17, 2019 5:32am Dec 17, 2019 5:32am
Quoting DiamondMiner
{quote} Jonica200, normally I use Optuma Charting Software. You can get it through me https://optuma.com/UFM as they give me credit and I just buy additional tools in their toolset. But, once you use that software and use the tool-set to the fullest (using the Beck, Jenkins or Gann tool-set), it will have an affect upon your decision making process on Entry and Exit. You can never have enough Education. I know it cost money, but one thing I have learned long ago is: to be uneducated in any field, is the road to ruin. Trading is a business,...
You are right DM, this is the real deal

Jenkins and Beck are practical geniuses (via exploration and effort to understand)

Theirs is the only material i have gone through twice/thrice/four times this year

Cheers!

PS: sorry for the silence, been in the 'basement' experimenting. Now catching up from page 42, awesome stuff.
  • #1,027
  • Dec 17, 2019 5:50am Dec 17, 2019 5:50am
Quoting Swede
{quote} That is fine, but if you want to do what one of the top traders in the world does to hone in on some of these levels he uses a calculation that stays with the currency. Find an impulse move ( not a news flash move). Divide the low by the high of that move to establish a ratio. Multiply the high (or the low in a reverse move) by the ratio to find the next level and mark the level. If broken do the same to establish the next expected area that will be challenged...or use the next level as a target to close etc. Do this on one of your favourite...
Truth!

(So-called Jenkins Natural Ratio numbers)

Same approach works for TIME as well
  • #1,028
  • Dec 17, 2019 8:11am Dec 17, 2019 8:11am
For my long term trades Jenkins recommends squaring the square from initial obvious impulse wave and I’m finding great opportunities when taking the time to do so. Also, less stress trying to catch those intraday trades that drive one nuts at times and especially of late with elections, major economic changes ( Brexit) , China talks and impeachment trials. Attached is just such a trade....easiest entry ever and all due to Jenkins methods and Diamond bringing his methods to us......have a safe holiday everyone, cu in the new year....have to catch some sun now here in SAN Jose del Cabo....Hyatt Ziva is a really great resort, been here before and still the same great service and people, highly recommend it...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: image.jpg Size: 1.3 MB
  • #1,029
  • Dec 17, 2019 9:44am Dec 17, 2019 9:44am
Quoting Swede
For my long term trades Jenkins recommends squaring the square from initial obvious impulse wave and I’m finding great opportunities when taking the time to do so. Also, less stress trying to catch those intraday trades that drive one nuts at times and especially of late with elections, major economic changes ( Brexit) , China talks and impeachment trials. Attached is just such a trade....easiest entry ever and all due to Jenkins methods and Diamond bringing his methods to us......have a safe holiday everyone, cu in the new year....have to catch...
Hi Swede, thanks for sharing. Just a question, isn't the impulse wave measured from the lowest point?

Btw, Happy Holidays.
  • #1,030
  • Dec 17, 2019 10:34am Dec 17, 2019 10:34am
Quoting subbu
{quote} Hi Swede, thanks for sharing. Just a question, isn't the impulse wave measured from the lowest point? Btw, Happy Holidays.
I looked at that but I used the first significant impulse wave after the big sell off.....that’s the one that set the stage for the potential reversal of trend....if you have a chance to read how Jenkins sets the box you will find very similar settings for his box...once it’s set in place you will see subsequent bar often move outside slightly...and then continue in the direction of the first significant wave....notice looking just right of the first wave used for the box how price bounced off the bottom many times offering long opportunities...
  • #1,031
  • Dec 17, 2019 11:53am Dec 17, 2019 11:53am
Quoting Swede
{quote} I looked at that but I used the first significant impulse wave after the big sell off.....that’s the one that set the stage for the potential reversal of trend....if you have a chance to read how Jenkins sets the box you will find very similar settings for his box...once it’s set in place you will see subsequent bar often move outside slightly...and then continue in the direction of the first significant wave....notice looking just right of the first wave used for the box how price bounced off the bottom many times offering long opportunities...
Yes, I've seen this myself many times and it does work to a certain extent. Just that I can't find a logical reason to fit into a "rule based" initial impulse wave measurement.
  • #1,032
  • Dec 17, 2019 12:25pm Dec 17, 2019 12:25pm
The EURUSD H4 grid based on an IW. Price resistance at 5 x IW and down-sloping diagonal from 8 x IW. Thanks to Jenkins for highlighting the importance of an IW and DM for his many sharing.
Edited.
Attached Image (click to enlarge)
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  • #1,033
  • Dec 17, 2019 1:33pm Dec 17, 2019 1:33pm
Quoting subbu
The EURUSD H4 grid based on an IW. Price resistance at 5 x IW and down-sloping diagonal from 8 x IW. Thanks to Jenkins for highlighting the importance of an IW and DM for his many sharing. Edited. {image}
dont recommend using 4hr charts for geometric work as brokers will have you believe there are thirty-one bars in a week and this will mess up counting, 1-hr or daily
twitter: @gettoefl
  • #1,034
  • Dec 17, 2019 2:41pm Dec 17, 2019 2:41pm
Quoting Swede
For my long term trades Jenkins recommends squaring the square from initial obvious impulse wave and I’m finding great opportunities when taking the time to do so. Also, less stress trying to catch those intraday trades that drive one nuts at times and especially of late with elections, major economic changes ( Brexit) , China talks and impeachment trials. Attached is just such a trade....easiest entry ever and all due to Jenkins methods and Diamond bringing his methods to us......have a safe holiday everyone, cu in the new year....have to catch...
What a life style, making a dollar in such surroundings.
Seasons greetings to you all.
  • #1,035
  • Dec 17, 2019 4:31pm Dec 17, 2019 4:31pm
Here's an update to my GBPJPY chart of 11 days ago.

Well as suggested it was the silly season for Sterling around the election. Things got extended and out of hand.

Bats can retrace .886 (but preferably .618) and I have added this line.

The stop at just over the A point was unrealistic for this trade as the Risk/Reward to old target zone didn't make sense.

There is now momenteum divergence shown with the added oscillator.

There are 2 price targets... .382 and .618 of the recalculated CD.

Still looking for this pair to trade lower as the hangovers subside and reality sets in .....


S.
Attached Image (click to enlarge)
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  • #1,036
  • Dec 17, 2019 5:44pm Dec 17, 2019 5:44pm
Quoting subbu
The EURUSD H4 grid based on an IW. Price resistance at 5 x IW and down-sloping diagonal from 8 x IW. Thanks to Jenkins for highlighting the importance of an IW and DM for his many sharing. Edited. {image}
The reason I pretty much stay with daily (after analyzing the weekly) is it keeps your focus on the trend better (for me anyway) For example when I look at your 4 hour chart it can trick you into thinking Euro is heading into in an up trend...but when you look at the daily you get quite a different view...here again is the box and the extension boxes. The initial box was the high to low drawn from June 25 to July 9th. (Impulse wave down staying with the trend) Note how the 1x1 kept you into the down trend...and now resistance is in close view for more south..imho. I’m just showing what I have found useful for me, not criticizing your post at all.
Attached Image (click to enlarge)
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  • #1,037
  • Dec 18, 2019 12:56am Dec 18, 2019 12:56am
Quoting parisboy
a{quote} Swede the division of the Price Range interval by 8 (here 0-100) mimics closely and very simply the Fibonacci serie , which itself generates a parabolic curve {image} {image}
This is gold PB, thanks! Have a few ideas based on this that i want to run on my charts, then give feedback
  • #1,038
  • Dec 18, 2019 3:31am Dec 18, 2019 3:31am
Quoting gettoefl
{quote} dont recommend using 4hr charts for geometric work as brokers will have you believe there are thirty-one bars in a week and this will mess up counting, 1-hr or daily
Yes but isn't it true with all other timeframes except Weekly? Do you mind elaborating?
  • #1,039
  • Dec 18, 2019 3:44am Dec 18, 2019 3:44am
Quoting Swede
{quote} The reason I pretty much stay with daily (after analyzing the weekly) is it keeps your focus on the trend better (for me anyway) For example when I look at your 4 hour chart it can trick you into thinking Euro is heading into in an up trend...but when you look at the daily you get quite a different view...here again is the box and the extension boxes. The initial box was the high to low drawn from June 25 to July 9th. (Impulse wave down staying with the trend) Note how the 1x1 kept you into the down trend...and now resistance is in close...
Nice one Swede... yes the higher timeframes hold the key. Weekly charts are powerful. I work with smaller timeframes most of the time.

No worries... [constructive] criticisms are always welcome.
  • #1,040
  • Dec 18, 2019 5:07am Dec 18, 2019 5:07am
Quoting carbonmimeti
as regards "scaling chart": 1) some years ago HWSTEEL's videos opened my mind 2) I read that the first retracement "normally"is the 45° 3) I studied a lot about pips and bars on metatrader
What tool are you using to draw circles and 45° angles
99.9% persistence
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