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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

  • #2,861
  • Feb 28, 2020 8:42am Feb 28, 2020 8:42am
We are back in Business with the FLD 32

Closed Short position

EURUSD 1 mn FLD 32

TOP = 1.09913
CROSSING FLD / Price = 1.09793

Swing = 2 x (1.09913 - 1.09793) = 240 +/- 10 % = 240 +/- 24

Potential Target Zone = 1.109673 - 0.00024 = 1.10240 +/- 18

PTZ between 1.09697 and 1.109649
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1 mn FLD 32 28 FEVRIER 2020.jpg Size: 59 KB
  • #2,862
  • Feb 28, 2020 8:50am Feb 28, 2020 8:50am
Quoting parisboy
We are back in Business with the FLD 32 Closed Short position EURUSD 1 mn FLD 32 TOP = 1.09913 CROSSING FLD / Price = 1.09793 Swing = 2 x (1.09913 - 1.09793) = 240 +/- 10 % = 240 +/- 24 Potential Target Zone = 1.109673 - 0.00024 = 1.10240 +/- 18 PTZ between 1.09697 and 1.109649 {image}
I am lazy so I use my Fib tool to to measure ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1c.png Size: 65 KB
  • #2,863
  • Feb 28, 2020 9:01am Feb 28, 2020 9:01am
Quoting parisboy
{quote} Most of the time, I use ONE tool per chart for clarity
I have success with the envelopes and trendlines I will probably focus myself on that but still need to practice not to overtrade and look for only highest probability trades. Did you trade dax and dow today? thanks
  • #2,864
  • Edited 1:10pm Feb 28, 2020 9:02am | Edited 1:10pm
Quoting Montrose
Quoting parisboy
my 2 cents : Quoting DiamondMiner Guys, do to the multitude of Complaints that I have received about What is being posted here that is not JENKINS Specific, I have to make some posting changes. It seems we do have some brilliant people here but I am trying to keep a Jenkins Specific, thread and not any other discipline. Post#1 now reads: Let's keep this thread and posting to what is taught by Michael S. Jenkins, here we will use no Indicators,
...
Montrose, they can not understand the why of such confluence.

The reason is they have no understanding of the underlying theory.

They use tips and tricks, but they have no knowledge of the general picture. They have no knowledge of the limitations of the tools they use.

Price Action expands or contracts hence Price Range DOUBLE or HALVE

Hence the 50 % Retracement for example or the "45° Angle" 45° = 1/2 90° . 90° being the Price Axis

As your screen is a quadrilater you have generally to divide your screen by 2 to get a "Square" and a "45° Angle" - a (1x1) Angle (1 Price Unit x 1 Time Unit)

If you divide your screen Horizontally (the Price Axis ) by 2, you determine the Horizontal Center of Gravity of the Chart.

If you divide your screen Vertically (the Time Axis ) by 2, you determine the Vertical Center of Gravity of the Chart.

All 3 Axis Diagonal, Vertical and Horizontal crosses exactly at the same point : it is the Center of Gravity of the Chart.

Same with the Octave , division by 8 of the Price Range. With the Octave and its sub-harmonics , you get the Amplitude of the Envelopes by successively dividing the Octave by 2

Similarly Centered Moving Averages whose period have a relationship of 2 crossed in the MIDDLE (1/2) of the Swing and when Price Action crosses its FLD (price projected 1/2 period in the future) you are too in the MIDDLE of the Swing. Hence you can calculate a probable target price as shown above today.

Hence all these tools and methodologies are linked together.

That is what you have to understand FIRST, then everything becomes clear.

Based on the same relationships all these tools, when used together, generate SYNERGY for your Analysis and your Trading
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: SWEDE CHART CENTER OF GRAVITY.jpg Size: 186 KB
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  • #2,865
  • Feb 28, 2020 9:04am Feb 28, 2020 9:04am
Quoting MarkStep
{quote} I have success with the envelopes and trendlines I will probably focus myself on that but still need to practice not to overtrade and look for only highest probability trades. Did you trade dax and dow today? thanks
Not today. Too busy but published 2 charts on the DAX showing "the Return to the Mean"
  • #2,866
  • Edited 10:33am Feb 28, 2020 10:02am | Edited 10:33am
Quoting OAPDave
Not a tremendous range day yet so maybe some more fun yet Not looked at FLD calculations off bigger time frames yet {image}
Range now 160 pips ?
4 day Octave on a 60 min chart
Attached Image(s) (click to enlarge)
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  • #2,867
  • Feb 28, 2020 11:52am Feb 28, 2020 11:52am
Quoting parisboy
{quote}{quote} Montrose, they can not understand the why of such confluence. The reason is they have no understanding of the underlying theory. They use tips and tricks, but they have no knowledge of the general picture. They have no knowledge of the limitations of the tools they use.
Agree, I posted on the thread to request for proper Jenkins method and not some nonsensical artwork.
Know what you trade
  • #2,868
  • Feb 29, 2020 8:05pm Feb 29, 2020 8:05pm
Closed Long position + 53 points

BTCUSD FLD 32

LOW = 8500
CROSSING FLD / Price = 8552
Swing = 2 x (8552 -8550) = 104 +/- 10 % = 104 +/- 10
Potential Target Zone =8500 + 104 +/- 10 % = 8604 +/- 10
PTZ between 8614 and 8594

Sold at 8618
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD FLD 32 + 53 POINTS 1 MARS 2020.jpg Size: 150 KB
  • #2,869
  • Feb 29, 2020 8:07pm Feb 29, 2020 8:07pm
Closed Long position + 37 points

BTCUSD FLD 256
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD FLD 256 + 37 POINTS 1 MARS 2020.jpg Size: 139 KB
  • #2,870
  • Feb 29, 2020 10:37pm Feb 29, 2020 10:37pm
Quoting parisboy
Closed Long position + 37 points BTCUSD FLD 256 {image}
Are you using Oanda broker? Nice trades.
  • #2,871
  • Mar 1, 2020 3:33am Mar 1, 2020 3:33am
Quoting MarkStep
{quote} Are you using Oanda broker? Nice trades.
Hi
have you any success setting your FLD's up yet ?
I do what Parisboy suggest, run 2 charts side by side ie FLD Chart & Envelope Chart , if need be you could have only 1 FLD showing at a time
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM1b.png Size: 81 KB
  • #2,872
  • Mar 1, 2020 3:43am Mar 1, 2020 3:43am
A view of 3 separate FLD's
Although it's a 1 min chart, I am sure you know what is actually happening when you use bigger FLD's
Attached Image(s) (click to enlarge)
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  • #2,873
  • Mar 1, 2020 3:50am Mar 1, 2020 3:50am
What happened if I have a worth of 1 billion $ for trading fx with 1:1000 levrage ? Can i able to fluctuate the market and if yes then how much and for how long?
  • #2,874
  • Mar 1, 2020 4:09am Mar 1, 2020 4:09am
Quoting OAPDave
{quote} Hi have you any success setting your FLD's up yet ? I do what Parisboy suggest, run 2 charts side by side ie FLD Chart & Envelope Chart , if need be you could have only 1 FLD showing at a time {image} {image}
Hi dave, I am studying it now. Someone said use -16 shift ma? How so you set each FLD 32 and 256 in mt4? Thanks dave
  • #2,875
  • Mar 1, 2020 4:19am Mar 1, 2020 4:19am
Quoting MarkStep
{quote} Hi dave, I am studying it now. Someone said use -16 shift ma? How so you set each FLD 32 and 256 in mt4? Thanks dave
Use Shift + for FLD
Use Shift - for Envelopes
remember that post I mentioned
Try Alligator MA 1 + Shift 16,32 64 or 128 ?
See what you think ?
  • #2,876
  • Edited 6:56am Mar 1, 2020 5:51am | Edited 6:56am
FLD Pause Zone

excerpt from the Hurst Course (1975)

• There may be several FLD's moving horizontally in an oscillatory fashion and fairly close together so that they form a congestion in a horizontal region.

When prices reach this congested region, they are highly likely to pause before continuing. Such congested areas are therefore called Pause Zones.

• In general, in the favorable cyclic environment that would lead the analyst to consider a transaction, it is highly likely that a Pause Zone marks the mid point in a price move.

For establishing a price objective on this basis, the measurement is usually taken from the center of the Pause Zone.

(Among the favorable circumstances required for this expectation would be a cascade pattern projecting prices into the Pause Zone.)

• This principle stems from the fact that the FLD's that make up the Pause Zone can be expected to be broken in the Pause Zone.

The Pause Zone is thus, in effect, forecasting the price range within which the FLD's will be broken, thereby giving advance information on the FLD price objectives.

However, it is important to realize that a Pause Zone can mark a termination area for the price move rather than a halfway pause area.

If the preponderance of cyclic evidence indicates that a price objective for which the Pause Zone would be the halfway point is unrealistic, then is it highly likely that the price move will terminate in the Pause Zone rather than go beyond it.

• Figure 10-8 shows a portion of a CycSiTec chart containing an FLD cascade pattern and an FLD Pause Zone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: OAPDAve FLD PAUSE ZONE.jpg Size: 74 KB
Click to Enlarge Name: HURST COURSE FLD PAUSE ZONE.jpg Size: 197 KB
  • #2,877
  • Edited 7:29am Mar 1, 2020 6:57am | Edited 7:29am
Quoting parisboy
FLD Pause Zone excerpt from the Hurst Course (1975) • There may be several FLD's moving horizontally in an oscillatory fashion and fairly close together so that they form a congestion in a horizontal region. When prices reach this congested region, they are highly likely to pause before continuing. Such congested areas are therefore called Pause Zones. • In general, in the favorable cyclic environment that would lead the analyst to consider a transaction, it is highly likely that a Pause Zone marks the mid point in a price move. For establishing...
A text book measured move ? worth about 40 pips
ps
In my opinion, Parisboy seems to have the very unique gift of solving complex problems in a simple way
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM1g.png Size: 80 KB
  • #2,878
  • Edited 7:52am Mar 1, 2020 7:31am | Edited 7:52am
GBPUSD 1 mn

The use of Centered Moving Averages Crossings (Focal Point) confirms your Top.

Price Action will not go Higher - at least for a while.

Hence Price Action has 2 Options entering :

- a Range
- a Downtrend



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 1 mn FOCAL POINT TARGET PRICE AREA.jpg Size: 78 KB
  • #2,879
  • Mar 1, 2020 7:41am Mar 1, 2020 7:41am
GBPUSD 1 mn

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 1 mn PAUSE ZONES AS RESISTANCE & SUPPORT.jpg Size: 69 KB
  • #2,880
  • Mar 1, 2020 7:53am Mar 1, 2020 7:53am
Quoting parisboy
GBPUSD 1 mn {image}
Pause zone can lead to possible reversal? When crossed fld?
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