Analysis and Trading based on Envelopes, Waves, Cycles | Page 175 | 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

  • #3,481
  • Jun 10, 2020 12:04pm Jun 10, 2020 12:04pm
Quoting limprobable
hello Alain, Still looking at this great thread. one of the best here. 2 questions: - can you show us one of your loosing trade. analysys and why? think we can learn from loosing trade too. - with your experience and knowledge i wonder why you seems always trading micro lots ? here my last experiment wtih 2 fld and one TMA: {image} green pips
excellent remark Limprobable

a) we learn from pattern repetition
b) we learn also from loosing trades

IMHO pattern repetition and loosing trades are linked together in the way that a correct analysis of a loosing trade improves our understanding of why the system works and the failure shows its limits of use. Loosing trades are part of the general statistics.

I will keep storage of some loosing trades in the future and post them with a post mortem analysis
  • #3,482
  • Edited 12:50pm Jun 10, 2020 12:19pm | Edited 12:50pm
Quoting limprobable
sell at 1 MN {image} keep my sell, do not take tp cause sell signal at 5 MN: {image} Do you use multiple TF ? in my example a good trade at 1 MN is keeping cause there is a sell signal at 5 mn? Edit: nice short still in progress at TF 5. 12530 right now so + 110 points green pips
The interest of using a FLD

a) trend following
b) Target estimation

DAX Low was at 12.475
Crossing between Price Action and the orange FLD was around 12.558

Hence you can forecast a target for Price Action :

12.558 - 12.475 = 83

Swing Amplitude = (2 x 83) +/- 10% = 166 + 17


Target Price Zone Center of Gravity = 12.475 + 166 = 12.641 +/- 17

Forecasted Top was 12.658
Real Top was 12.669

As soon as you see or have some hunches about a reversal and a serie of reversal confirmations

- Heikin Ashi candles turning from green to red
- crossing on the downside of the Upper Limit of the Enveloppe
- crossing on the downside of the blue FLD with the yellow FLD

You can consider to close your Short position
-
Attached Image (click to enlarge)
Click to Enlarge Name: DAX FLD LE MERCENAIRE.jpg Size: 77 KB
  • #3,483
  • Jun 11, 2020 7:41am Jun 11, 2020 7:41am
Quoting limprobable
hello Alain, Still looking at this great thread. one of the best here. 2 questions: - can you show us one of your loosing trade. analysys and why? think we can learn from loosing trade too. - with your experience and knowledge i wonder why you seems always trading micro lots ? here my last experiment wtih 2 fld and one TMA: {image} green pips
limprobale Sorry not to post yet a loosing trade !

Be confident it will come sooner or later !

DAX Closed Short position + 81 points in the vicinity of the Lower Limit of the Envelope 256 Time Units (brown)
Attached Image (click to enlarge)
Click to Enlarge Name: DAX SHORT 2 11 JUIN 2020.jpg Size: 197 KB
  • #3,484
  • Jun 11, 2020 7:43am Jun 11, 2020 7:43am
DAX 1 mn another Short today using FLD 16 and 32 +21 points
Attached Image (click to enlarge)
Click to Enlarge Name: DAX SHORT 1 11 JUIN 2020.jpg Size: 170 KB
  • #3,485
  • Jun 11, 2020 9:50am Jun 11, 2020 9:50am
Quoting parisboy
{quote} limprobale Sorry not to post yet a loosing trade ! Be confident it will come sooner or later !
I hope it will come as late as possible
Bottomless wonders spring from simple rules, which are repeated without end
  • #3,486
  • Jun 12, 2020 4:13am Jun 12, 2020 4:13am
DAX 1 mn

Closed Short position using FLD 16 and 32 as soon as Price touched the FLD 32 to protect profit. + 18 points
Attached Image (click to enlarge)
Click to Enlarge Name: DAX SHORT FLD 12 JUIN 2020.jpg Size: 162 KB
  • #3,487
  • Jun 14, 2020 2:55am Jun 14, 2020 2:55am
[quote = parisboy; 13000293] DAX 1 mn Đóng vị trí ngắn sử dụng FLD 16 và 32 ngay khi Giá chạm vào FLD 32 để bảo vệ lợi nhuận. + 18 điểm {hình ảnh} [/ quote]
Can FLD make long-term transactions?
  • #3,488
  • Jun 16, 2020 5:00am Jun 16, 2020 5:00am
Nice stress free trade
Attached Image(s) (click to enlarge)
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  • #3,489
  • Jun 16, 2020 8:42am Jun 16, 2020 8:42am
If only ?
Attached Image (click to enlarge)
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  • #3,490
  • Jun 16, 2020 8:50am Jun 16, 2020 8:50am
Quoting vietnam2020
[quote = parisboy; 13000293] DAX 1 mn Đóng vị trí ngắn sử dụng FLD 16 và 32 ngay khi Giá chạm vào FLD 32 để bảo vệ lợi nhuận. + 18 điểm {hình ảnh} [/ quote] Can FLD make long-term transactions?
Of course

DAX Daily FLD 32 & 64
Attached Image (click to enlarge)
Click to Enlarge Name: DAX FLD 32 & 64 DAILY 16 JUIN 2020.jpg Size: 147 KB
  • #3,491
  • Jun 22, 2020 10:22am Jun 22, 2020 10:22am
My way of looking at the FLDs ?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM5b.png Size: 110 KB
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  • #3,492
  • Jun 23, 2020 2:06am Jun 23, 2020 2:06am
Quoting OAPDave
My way of looking at the FLDs ? {image} {image} {image}
oapdave do you mainly trade the 5min chart?
  • #3,493
  • Jun 23, 2020 3:14am Jun 23, 2020 3:14am
Quoting OAPDave
My use of Murrey is not part of Parisboy teaching, but if you just wanted a grid for reference of Round numbers etc I use this one Its called Quadrant Thesis its free at Pz Trading you can overlay the FLD as usual eg FLD 128 {image} {image}
thanks
  • #3,494
  • Jun 23, 2020 7:39am Jun 23, 2020 7:39am
Quoting OAPDave
{quote} Hi As I am retired now I have the luxury or sometimes its a curse to be able to trade at any time of the day ( well most days) What timeframe charts would more interest you in seeing ?
5 is fine
  • #3,495
  • Jun 23, 2020 8:47am Jun 23, 2020 8:47am
Quoting parisboy
{quote} Of course DAX Daily FLD 32 & 64 {image}
Hi @Parisboy

I see you are not anymore using your envelopes that you used for years.
Is there any reason for that?

Thanks
  • #3,496
  • Jun 23, 2020 9:35am Jun 23, 2020 9:35am
Quoting Merka
{quote} Hi @Parisboy I see you are not anymore using your envelopes that you used for years. Is there any reason for that? Thanks
I have no problem to use my old Envelopes. I use ALL tools offered by Hurst.: Envelopes, Centered Moving Averages crossings, FLD, VTL, Cycles
  • #3,497
  • Jun 26, 2020 11:17pm Jun 26, 2020 11:17pm
Guys, I tried to use my 3D glasses, however, reading 175 pages would be quite challenging for a newbie. I am not lazy, however, some pointers where to start my journey learning this strategy would be greatly appreciated.
Thank you!
  • #3,498
  • Jun 28, 2020 4:46am Jun 28, 2020 4:46am
Quoting XavierELVivo
Guys, I tried to use my 3D glasses, however, reading 175 pages would be quite challenging for a newbie. I am not lazy, however, some pointers where to start my journey learning this strategy would be greatly appreciated. Thank you!
Xavier - you are a "junior" member. Are you of your generation ?

There is no free lunch in life as well as in trading . The thread summarizes yet 22 years of experience with some Gann tools and methodology and 15 years of experience with Hurst tools and methodology.

hence you will have short curts here . Otherwise you have to read and work Hurst course : 1.500 pages Profit magic book of Hurst 250 pages, 6 books written by Brian Millard 1.500 pages too. and many writings of others : Gann, Murrey, Tillmann, Ehlers , Dewey etc

Do you homework by reading the thread
  • #3,499
  • Jun 30, 2020 1:58pm Jun 30, 2020 1:58pm
Dow Jones 1 mn
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DOW SHORT 30 JUIN 2020.jpg Size: 173 KB
Click to Enlarge Name: DOW SHORT FLD 30 JUIN 2020.jpg Size: 136 KB
  • #3,500
  • Jul 1, 2020 3:14am Jul 1, 2020 3:14am
DAX FLD 32

Price Action is projected 16 Time Units forward
Attached Image (click to enlarge)
Click to Enlarge Name: DAX FLD 32 1 JUILLET 2020.jpg Size: 66 KB
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