Analysis and Trading based on Envelopes, Waves, Cycles | Page 185 | 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

  • #3,681
  • Jul 18, 2020 5:05pm Jul 18, 2020 5:05pm
https://www.tradingview.com/x/lBQzyvc4/SSo this is what I have come up with from the parameters you said but moving decimal places to fit the chart.
What would be my next steps to understand?
Valid Trend Line ?
Gann Angles?
Square Rooting Certain Points?

I a newbie in advance.
  • #3,682
  • Jul 18, 2020 5:10pm Jul 18, 2020 5:10pm
Quoting kaihkaih
{image}SSo this is what I have come up with from the parameters you said but moving decimal places to fit the chart. What would be my next steps to understand? Valid Trend Line ? Gann Angles? Square Rooting Certain Points? I a newbie in advance.
i would say instead of everyone answering your questions and spoon feeding,,,,maybe you should first read the thread and answer your own question then post your ideas and see what replies you receive as to if your right or wrong?
.......just trying to be constructive and give suggestion not be horrible in anyway
  • #3,683
  • Jul 18, 2020 5:36pm Jul 18, 2020 5:36pm
Quoting FXEZ
{quote} I think this relates to the post above. Can you tell me what you meant by 6 price intervals for the envelope, and 15 price intervals of the underlying trend. How did you calculate / measure those numbers? https://www.forexfactory.com/attachm...1&d=1525861119
I count the Price Intervals using my fingers !
Attached Image (click to enlarge)
Click to Enlarge Name: FXEZ UNDERLYING TREND END PRICE INTERVALS.jpg Size: 58 KB
  • #3,684
  • Jul 18, 2020 5:42pm Jul 18, 2020 5:42pm
Quoting OAPDave
Them lines them lines{image} them dam lines lol
dave how are you using those pivot lines and are they made with indicator?
  • #3,685
  • Jul 18, 2020 5:45pm Jul 18, 2020 5:45pm
Quoting parisboy
{quote} I count the Price Intervals using my fingers ! {image}
Using your fingers as "Observational Cyclic Analysis Tools" belongs without doubts to Hurst's methodology !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4.2 2 FINGER MEASUREMENT SHORT TIME SPANS.jpg Size: 114 KB
Click to Enlarge Name: 4.3.2 FINGERS MEASUREMENT MEDIUM TIME SPANS.jpg Size: 131 KB
Click to Enlarge Name: 4.4.2 FINGERS MEASUREMENT MEDIUM TIME SPANS.jpg Size: 127 KB
Click to Enlarge Name: 4.5.2 FINGERS MEASUREMENT MEDIUM TIME SPANS.jpg Size: 126 KB
Click to Enlarge Name: HURST THE 2 FINGERS TECHNIQUE 1.jpg Size: 77 KB
Click to Enlarge Name: HURST THE 2 FINGERS TECHNIQUE 2.jpg Size: 61 KB
  • #3,686
  • Jul 18, 2020 5:52pm Jul 18, 2020 5:52pm
Quoting parisboy
{quote} Using your fingers as "Observational Cyclic Analysis Tools" belongs without doubts to Hurst's methodology ! {image} {image} {image} {image} {image} {image}
Ah thanks for posting this. I haven't made it through the course yet but plan to read all 1177 pages of it, after I finish reading the thread (on page 50 now). Anyway it's funny because without knowing about these finger measurement methods I seem to do this all the time to measure distances.
  • #3,687
  • Jul 19, 2020 3:59am Jul 19, 2020 3:59am
SP 500 1 mn
Attached Image (click to enlarge)
Click to Enlarge Name: FXEZ SP 500 1 mn 19 JUILLET 2020.jpg Size: 182 KB
  • #3,688
  • Jul 19, 2020 4:41am Jul 19, 2020 4:41am
SP 500 5 mn
Attached Image (click to enlarge)
Click to Enlarge Name: FXEZ SP 500 5 mn 19 JUILLET 2020.jpg Size: 186 KB
  • #3,689
  • Jul 19, 2020 5:03am Jul 19, 2020 5:03am
SP 500 15 mn
Attached Image (click to enlarge)
Click to Enlarge Name: FXEZ SP 500 15 mn 19 JUILLET 2020.jpg Size: 181 KB
  • #3,690
  • Jul 19, 2020 5:57am Jul 19, 2020 5:57am
Quoting OAPDave
{image} Just doodling ?
murraymaths in a channel
  • #3,691
  • Jul 19, 2020 6:07am Jul 19, 2020 6:07am
Quoting OAPDave
{quote} Yes correct within PBoy 256 channel
you also.need to.learn price action....cos price action is the trade and thr channels.is a roadmap
  • #3,692
  • Jul 19, 2020 6:17am Jul 19, 2020 6:17am
Quoting OAPDave
{image} Just doodling ?
IMHO it is more efficient to use these "Murrey Maths Curvilinear Lines" than the original Horizontal ones (which have their utility too)

At least comparing BOTH kind of Charts (same instrument, same TimeFrame) will underline pros and cons of the 2 methodologies
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDailyd OAPDave 19 JUILLET 2020.png Size: 168 KB
  • #3,693
  • Jul 19, 2020 7:43am Jul 19, 2020 7:43am
Quoting OAPDave
Need your specs now ?{image}
I need to think about it.

Let's say first that the Horizontal Support and Resistance Lines based on the "Octave" is very good to understand what is a Chart Shift and to master it.

The Curvilinear "octaves Lines are kind of an "elastic " system showing graphically some graduations between 2 Extremes
  • #3,694
  • Jul 19, 2020 7:53am Jul 19, 2020 7:53am
Quoting parisboy
{quote} I need to think about it. Let's say first that the Horizontal Support and Resistance Lines based on the "Octave" is very good to understand what is a Chart Shift and to master it. The Curvilinear "octaves Lines are kind of an "elastic " system showing graphically some graduations between 2 Extremes
they could be useful for support resistance and taking of a portion of a trade for each line as well as using for stop loss
  • #3,695
  • Jul 19, 2020 12:13pm Jul 19, 2020 12:13pm
Quoting OAPDave
Broken the 3 envelopes down to each of there components 32 128 26 (used best fit) then added Murrey Maths ? (1min charts) {image} {image} {image} {image}
Dave, another elementary way of underlining the Market Structure :

a) hide the Price Action
b) show the 3 Envelopes
c) add murrey Maths Lines related to the chart
  • #3,696
  • Jul 19, 2020 1:21pm Jul 19, 2020 1:21pm
Quoting OAPDave
{quote} Like this ?{image}{image}
to highlight Market Market Structure it is best to hide Price Action
  • #3,697
  • Jul 19, 2020 1:29pm Jul 19, 2020 1:29pm
is anyone trading with these envelopes and making money??? what timeframes are the 3 envlopes ideally representing?

i only use 2 and also have a approach to the market that i dont see here

im assuming most people are using mt4?
  • #3,698
  • Jul 19, 2020 1:33pm Jul 19, 2020 1:33pm
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Attached Image (click to enlarge)
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Australia 200 60 mn
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  • #3,699
  • Jul 19, 2020 4:22pm Jul 19, 2020 4:22pm
Quoting devontrader
is anyone trading with these envelopes and making money??? what timeframes are the 3 envlopes ideally representing? i only use 2 and also have a approach to the market that i dont see here im assuming most people are using mt4?
I'm just getting started with these envelopes and I don't do things exactly like parisboy, but I'm seeing good results in my demo trading, so caveats everywhere. I might try out MT4 this week to see what the standard envelopes look like. I'm not new to trading but am learning some new tools and so far the tools look like they give a lot of useful information regarding where to enter and where to exit.

Hurst developed what could be termed a "system" and parisboy trades a variation of that and I'm doing something similar to both but slightly different due to the tools I'm using. So I think there are many ways to approach this depending on which tools you feel comfortable using and how these tools fit into your style of trading.

How are you approaching this?
  • #3,700
  • Jul 19, 2020 4:54pm Jul 19, 2020 4:54pm
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