Analysis and Trading based on Envelopes, Waves, Cycles

All that is a partial view and representation of Price Action

Waves,, Cycles, Gartley 222; M Wave or W Pattern it is all the same

It is much more interesting, intellectually stimulating and financially profitable to understand the big picture, how all these patterns are constructed, why they eixsts and how to use them for your trading purpose

in the expression "Gann Grid" the most important word is "grid" - Gann comes in second

having set up a "grid" , you can analyze Price Action accordingly and see how Price Action develops itself with Time

Gann tools ( Angles, Support and Resistance Lines , Scaling = Divison by 8 of the Price Range), allows you to optmize your grid. This way Gann answers to our questions, because Gann was asking himself the same questions that we are asking ourselves

Sinewaves

Manual drawing is NOT "tedious" . It generates a learning process.

With manual drawing you will learn the how and why the methodology works.

Do not forget that Gann has created his tools and developped his methodology at a time when him and his customers had no computer, not even a pocket calculator.

Respect and understand that.

With manual drawing you will understand that the methodology as a whole is not automatable.

But you will understand better what is worth to be automatized

Where do you locate weak territory of VTL and strong territory of VTL on this french CAC 40 Index Chart ?

Quoting OAPDave
A guy on another thread as just mentioned the AU is dumping, Hmmm, also the Chf Jpy was mentioned last weekend ? {image} {image}

Hi Dave, yes it was !

https://www.forexfactory.com/showthr...0#post12721870

https://www.forexfactory.com/showthr...7#post12721877

A possible scenario

Right now GBPUSD 60 mn Price Action is // to its FLD 32 (in blue)

FLD 32 plays the role of Resistance

A possible scenario

Notice that IF FLD 256 reaches its target (see above) FLD 384 will be significantly broken too.

Hence this new Potential Target Zone will become valid.

This phenomenon is called a FLD Cascade

DOW

Closed Long Position + 25 points

Hello Parisboy,

Have you studie something like this: entries not based on price (VTL) but a Trend line based on last extension of the last curve of the envelopes.



green pips

Hello limprobable . No, I have not.

As it is a semi-discretionary method (at least for the decision to enter or exit) but based on rational systematic "rules" , I would not say I never had done. But de facto it seems to me based on the same principles.

Anyway you have to work FIRST and TOGETHER the PRACTICE and the THEORY to understand the rationale behind the Methodology