Analysis and Trading based on Envelopes, Waves, Cycles | Page 139 | Forex Factory

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Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
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Analysis and Trading based on Envelopes, Waves, Cycles

  • #2,761
  • Feb 26, 2020 4:50am Feb 26, 2020 4:50am
I would look at my Octaves for help ?
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  • #2,762
  • Feb 26, 2020 5:04am Feb 26, 2020 5:04am
Quoting OAPDave
I would look at my Octaves for help ? {image} {image} {image}
Nope that won't help.

The answer lies in FLD,

"Also keep in mind that the greatest use of this system is for retracement periods after an initial impulse wave." ----- Michael S Jenkins(Secret Angle Method)

This is the most important line that Jenkins wrote. Sort of answers your question.
Know what you trade
  • #2,763
  • Edited 7:19am Feb 26, 2020 6:49am | Edited 7:19am
Quoting BWilliam
{quote} Nope that won't help. The answer lies in FLD, "Also keep in mind that the greatest use of this system is for retracement periods after an initial impulse wave." ----- Michael S Jenkins(Secret Angle Method) This is the most important line that Jenkins wrote. Sort of answers your question.
As I have mt4 and struggling to get them set up correct, I am all eyes and ears so please demonstrate ?
Dave
ps
Perhaps you could help me out on this ?
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  • #2,764
  • Feb 26, 2020 7:19am Feb 26, 2020 7:19am
Quoting OAPDave
{quote} As I have mt4 and struggling to get them set up correct, I am all eyes and ears so please demonstrate ? Dave
I overlay the fib tools drawing on top of pbchannel. Created it for you.

Impulse wave followed by retracement period as described by Jenkins.

Fib drawings alone is found here.
https://www.forexfactory.com/showthr...8#post12776408
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Know what you trade
  • #2,765
  • Feb 26, 2020 7:30am Feb 26, 2020 7:30am
Quoting BWilliam
{quote} I overlay the fib tools drawing on top of pbchannel. Created it for you. Impulse wave followed by retracement period as described by Jenkins. Fib drawings alone is found here. https://www.forexfactory.com/showthr...8#post12776408 {image}
Thank you
I edited my last post as you were sending yours, so I would still appreciate if you would look at the Daily GU so I can see what you are doing
Thanks again
Dave
  • #2,766
  • Feb 26, 2020 7:35am Feb 26, 2020 7:35am
EU h4, fibs drawing found here.
https://www.forexfactory.com/showthr...8#post12776488
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Know what you trade
  • #2,767
  • Feb 26, 2020 7:36am Feb 26, 2020 7:36am
GBP
1- Squaring the Range
2- Grey vertical Rectangles - Measured move -Low to High last two swings
3- Blue Horizontal Rectangles - Measured Move - Low to Low last two swings
4- Grey and Turquoise Chart lines are Box Diagonals
5- Horizontal Turquoise line - Center of Gravity

a bit of scaling issue but for now I can live with it.
kindly see where to improve.

thx
leacher
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Time & Price Forecast - Jenkins
  • #2,768
  • Feb 26, 2020 7:48am Feb 26, 2020 7:48am
Hi PB, Can you show analysis from your trades today on DAX or DOW? just for study purposes thanks!
  • #2,769
  • Feb 26, 2020 7:48am Feb 26, 2020 7:48am
Quoting BWilliam
EU h4, fibs drawing found here. https://www.forexfactory.com/showthr...8#post12776488 {image}
I understand what you are showing BUT are they Parisboys FLD's ?
  • #2,770
  • Feb 26, 2020 7:53am Feb 26, 2020 7:53am
GU daily
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Know what you trade
  • #2,771
  • Feb 26, 2020 7:57am Feb 26, 2020 7:57am
Quoting OAPDave
{quote} I understand what you are showing BUT are they Parisboys FLD's ?
Not sure if it is.
Know what you trade
  • #2,772
  • Feb 26, 2020 8:04am Feb 26, 2020 8:04am
Quoting BWilliam
{quote} Not sure if it is.
Sorry my friend they are not
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  • #2,773
  • Edited 8:37am Feb 26, 2020 8:06am | Edited 8:37am
Here is a concrete and pratical example of FLD use .

This technic already explained in the past , seems to give good levels .

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KISS&V :Keep it simple safe & visual
  • #2,774
  • Feb 26, 2020 8:08am Feb 26, 2020 8:08am
Quoting OAPDave
{quote} Sorry my friend they are not {image}
Sohocool's chart above post is FLD.
Know what you trade
  • #2,775
  • Feb 26, 2020 8:20am Feb 26, 2020 8:20am
Quoting OAPDave
{quote} I know all about Nih98 but with the greatest of respect I would ask you to delete it
I was just having fun, deleted.

Anyway there's very little material of FLD application especially in live market condition.
Imho it's the most important aspect to master. Also the most difficult to understand and even harder to apply it effectively in live market.
Yet very little interest in this approach.

I have developed my own FLD method but to explain it takes a separate thread.(not doing)

FLD is central to my approach of trading. Can't trade without it.
Everything else is secondary.

Every chart I post goes through FLD analysis first. It's all about the FUTURE.
Know what you trade
  • #2,776
  • Feb 26, 2020 8:24am Feb 26, 2020 8:24am
Quoting Sohocool
One example of FLD use . This technic already explained in the past , seems to give good levels . {image} {image} {image} {image}
Shocool, BWilliams , Dave and others

If you are interested in FLD's to integrate them as tools in your trading

First read all the things I published on this thread about FLD's

- understand the Theory - there is ONE FLD by Cycle operating within Price Action
- understand why Price Action crosses its FLD (price projected 1/2 period forward)
- understand what is a FLD Pause Zone
- understand what is a FLD Cascade

understand that all examples given in books works on in RANGE and when Price can be represented by a Sinewave - No Sinewave no FLD

The key to understand and use FLD's in the real trading life is :

due to Up and Down trends only some specific setups allows you to calculate Target Price Objectives with the help of FLD's - roughly 50 % of the cases

the residual 50 % can be use for Trend Following becaus then Price Action follows closely its FLD and is almost parallel to its FLD

other case Price Actin boounces on its FLD which plays the role of Resistance
  • #2,777
  • Feb 26, 2020 8:31am Feb 26, 2020 8:31am
Quoting BWilliam
{quote} I was just having fun, deleted. Anyway there's very little material of FLD application especially in live market condition. Imho it's the most important aspect to master. Also the most difficult to understand and even harder to apply it effectively in live market. Yet very little interest in this approach. I have developed my own FLD method but to explain it takes a separate thread.(not doing) FLD is central to my approach of trading. Can't trade without it. Everything else is secondary. Every chart I post goes through FLD analysis first....
Thanks for deleting, but are you having a bit of fun with this post as well ?
  • #2,778
  • Feb 26, 2020 8:33am Feb 26, 2020 8:33am
Quoting OAPDave
{quote} Thanks for deleting, but are you having a bit of fun with this post as well ?
Yes and actually no, that's why there's quite abit written. There's serious content if you read carefully. I suppose it depends on the reader.
Know what you trade
  • #2,779
  • Edited 9:05am Feb 26, 2020 8:44am | Edited 9:05am
PB CHANNEL COLOR indicator ,

Same than PBChannel V1 ,but with 32 MA channel with slope color .

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File Type: ex4 PB_CHANNEL_COLOR.ex4   14 KB | 493 downloads
KISS&V :Keep it simple safe & visual
  • #2,780
  • Feb 26, 2020 9:17am Feb 26, 2020 9:17am
Quoting Sohocool
PB CHANNEL COLOR indicator , Same than PBChannel V1 ,but with 32 MA channel with slope color . {image} {image} {image} {file}
Sohocool
You have cracked it again my friend
Brilliant
Thanks again
Dave
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