Analysis and Trading based on Envelopes, Waves, Cycles | Page 190 | 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

  • #3,781
  • Jul 31, 2020 5:00am Jul 31, 2020 5:00am
DAX 1 mn

Short in progress follow-up
Attached Image (click to enlarge)
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  • #3,782
  • Jul 31, 2020 5:07am Jul 31, 2020 5:07am
DAX 1 mn

Notice the confluence of VTL's and FLD's
Attached Image (click to enlarge)
Click to Enlarge Name: DAX 1 mn CONFLUENCE FLD & VTL 31 JUILLET 2020.jpg Size: 146 KB
  • #3,783
  • Jul 31, 2020 5:19am Jul 31, 2020 5:19am
Quoting OAPDave
No such thing as a Trend ? Playing with combo of Chart Shift (Double the Octave size) for Trend Direction {image}{image}{image}{image} & FLD 4, there is a reason its 4 but its a secret To keep chart as clean as possible for posts not showing Envelopes
Dave,

everybody is entitled to have his secrets !

a Trend is made of short Period Cycles
  • #3,784
  • Jul 31, 2020 5:29am Jul 31, 2020 5:29am
Quoting parisboy
{quote} Dave, everybody is entitled to have his secrets ! a Trend is made of short Period Cycles
Just showing a different timeframe for the guys with restrictive screen time
Just showing the 32 envelope
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  • #3,785
  • Jul 31, 2020 3:28pm Jul 31, 2020 3:28pm
Quoting parisboy
DAX 1 mn Notice the confluence of VTL's and FLD's {image}
Is there a post in thread that you could refer me too that explains how to set FLD's up in Tradingview
  • #3,786
  • Aug 1, 2020 2:39am Aug 1, 2020 2:39am
Quoting kaihkaih
{quote} Is there a post in thread that you could refer me too that explains how to set FLD's up in Tradingview
No there is none.
  • #3,787
  • Aug 2, 2020 10:45am Aug 2, 2020 10:45am
a recent request in 1 mn
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  • #3,788
  • Aug 2, 2020 3:02pm Aug 2, 2020 3:02pm
Request Daily
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  • #3,789
  • Aug 3, 2020 4:03am Aug 3, 2020 4:03am
Day after day ?
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  • #3,790
  • Aug 3, 2020 4:29am Aug 3, 2020 4:29am
Update
Return to the mean ?
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  • #3,791
  • Aug 3, 2020 4:32am Aug 3, 2020 4:32am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD RETURN TO THE MEAN 3 AOUT 2020.jpg Size: 73 KB
  • #3,792
  • Aug 3, 2020 4:36am Aug 3, 2020 4:36am
Quoting parisboy
{image}
And poor daily range so far today
  • #3,793
  • Edited 5:10am Aug 3, 2020 4:49am | Edited 5:10am
a) When Price Action breaks on the downside the Ascending VTL 2 (green) which links Lows within the Envelope 32 Time Units (blue), this general what Hurst labels as an "Action Signal (Cyclical) noted Action Signal 1.

Hence you can consider opening a Short position.

To this "mechanical" justification you can add 2 more ones :

- Price Action Reversal occurred in the vicinity of the Upper limit of the Envelope 256 Time Units (brown)
- Heikin Ashi Candles color turned from green to red

If you decide to open a Short Position on this convergence of informations, a good place to position your Stop Loss is above the Last Top, let's say at the level of the Upper Limit of the Envelope 256 (brown)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MILKING THE CHART THE HURST WAY 3 AOUT 2020.jpg Size: 74 KB
  • #3,794
  • Aug 3, 2020 5:19am Aug 3, 2020 5:19am
b) If you have opened a Short Position you have not always a precise idea of a Target Price.

In that case you can use the various successive Envelopes limits as Target Price

Here we observe the Downtrend developing itself progressively.

You see Price Action breaking first the Upper Limit of the Envelope 128 Time Units (ocre) labeled Break 2 (Action Signal 1 = Break 1)

Next Target Price is the Centered Moving Average 128 Time Units (ocre) which would be also a "Reurn to the Mean" (128)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MILKING THE CHART THE HURST WAY 3 AOUT 2020.jpg Size: 74 KB
  • #3,795
  • Edited 5:37am Aug 3, 2020 5:26am | Edited 5:37am
b) you can use the various successive Envelopes limits as Target Price

Here we observe the Downtrend developing itself progressively.

Then you can have successively located your (gliding) Stop Loss

1) at the Level of the Upper Limit of the Envelope 128 Time Units (ocre) noted Break 2
2) then the Downtrend developing at the level of the intermediary Top of the moderate rally

You see Price Action breaking then the Centered Moving Average 128 Time Units (ocre) labeled Break 3

Next Target Price is the Centered Moving Average 256 Time Units (brown) which would be also a "Return to the Mean" (256)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MILKING THE CHART THE HURST WAY 3 AOUT 2020.jpg Size: 74 KB
  • #3,796
  • Aug 3, 2020 5:31am Aug 3, 2020 5:31am
Alain
I find the lack of interest in your thread and method quite astounding, yes you seem to have your fair share of lurkers even though most seem to prefer to remain invisible, I can never understand why they do that.
To me you seem to fall in the middle of 2 groups, the first
You could just give an Entry, Target and Stop, but then the questions would follow, Why this, Why that, Why the other.
The 2nd group
They want to follow a method and you anticipate all the Why questions by giving out really detailed reason as to Why and How each part plays in your method, yes sometimes I have to admit it gets way over my head, but it does give me confidence that your have a real reason for it to be there.
They seem to keep coming back lurking but play little or no part in the thread which really is a great shame.
Then there is me, the Muppet, I just let my eyes do the work and if they can see it works, that's good enough for me, yes we have different trading platforms but hey mine is free and helps keep the trading costs down, I just do not want to have a method that is maybe the dogs B****ks that needs expensive software, but I am a slave to pay the monthly fees
Please do not get frustrated your method to me is by far the best I have seen, even if I do add a grid (haha) but it would help as my eyes that I need so badly if your chart posts were a full screen shot
Once again I can only thank you for all your knowledge time and effort you freely share
Dave
  • #3,797
  • Aug 3, 2020 5:35am Aug 3, 2020 5:35am
c) you can use the various successive Envelopes limits as Target Price

Here we observe the Downtrend developing itself progressively.

You see Price Action breaking then the Centered Moving Average 256 Time Units (brown) labeled Break 4
Next Target Price is the Ascending VTL 1 (green) which links successive Lows of the Envelope 128 Time Units (ocre)

When this VTL is broken on the downside by Price Action , this break generates a Second Action Signal of a higher degree noted Action Signal 2

Then you can have successively located your (gliding) Stop Loss

1) at the Level of the Upper Limit of theCentered Moving Average 128 Time Units (ocre) (Break 3)
2) then the Downtrend developing at the level of the Centered Moving Average 256 Time Units (brown) labeled Break 4
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MILKING THE CHART THE HURST WAY 3 AOUT 2020.jpg Size: 74 KB
  • #3,798
  • Aug 3, 2020 6:37am Aug 3, 2020 6:37am
Quoting OAPDave
Alain I find the lack of interest in your thread and method quite astounding, yes you seem to have your fair share of lurkers even though most seem to prefer to remain invisible, I can never understand why they do that. To me you seem to fall in the middle of 2 groups, the first You could just give an Entry, Target and Stop, but then the questions would follow, Why this, Why that, Why the other. The 2nd group They want to follow a method and you anticipate all the Why questions by giving out really detailed reason as to Why and How each part plays...
Dave,
I am so glad you posted this. I am one of those lurkers, but I have gained much from following along with Parisboy's great thread & the many great posters such as yourself. As for me & my habit of mostly lurking with very limited posting I have another method of trading & I stay focused on that for the most part. I too have often thought about why some of the newer traders would not join this thread as Parisboy, You & others are always willing to help those that are trying to HELP THEMSELVES. Not sure why they want join & learn this great method of trading that requires very few tools to implement. Oh well who knows. This thread is one of the best if not the best thread on the forum. The other one that comes for mind is my trader TooSlow. Hurst was far ahead of his time with his cycle knowledge with few if any peers. As I see it Parisboy has few if any peers when it come to cycles & the trading of them.

Just my views & nothing more. Btw with the help of you, Parisboy & Sohocool I was finally able to construct the Envelopes correctly. Thank you for for all of you guys help.

Best of trades to you guys.
  • #3,799
  • Aug 3, 2020 6:52am Aug 3, 2020 6:52am
Quoting acetrader
{quote} Dave, I am so glad you posted this. I am one of those lurkers, but I have gained much from following along with Parisboy's great thread & the many great posters such as yourself. As for me & my habit of mostly lurking with very limited posting I have another method of trading & I stay focused on that for the most part. I too have often thought about why some of the newer traders would not join this thread as Parisboy, You & others are always willing to help those that are trying to HELP THEMSELVES. Not sure why they want join & learn this...
Acetrader
Thanks for your post and the kind words they mean a lot to me as I have full respect for you in the way you worded your post
Thanks again
Dave
p.s
leave you with this
2 x 1 minute charts 1st 250 envelope 2nd 500 envelope based on mt4 with Sohocool indicator
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1a.png Size: 106 KB
Attached Image (click to enlarge)
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  • #3,800
  • Aug 3, 2020 7:00am Aug 3, 2020 7:00am
Quoting OAPDave
{quote} Acetrader Thanks for your post and the kind words they mean a lot to me as I have full respect for you in the way you worded your post Thanks again Dave p.s leave you with this 2 x 1 minute charts 1st 250 envelope 2nd 500 envelope based on mt4 with Sohocool indicator {image}{image}
good stuff here. nice neat analysis
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