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Time and Price Forecasting

  • #2,901
  • Dec 11, 2020 2:58am Dec 11, 2020 2:58am
Quoting Swede
Your now free to do all manner of analyses...like the secret angle developed by Jenkins...or becks emblem etc...because your angles all square with the 45... Note the division of 1/2 the 45...how accurate it was in determining counter trend potential...and many of those trades counter trend gave up 100 or more pips... And by all means, pull up your short term charts separately when these levels are challenged...you will find many great entries...and that is just on this one currency...so try it out and see....happy trading everyone! {image}
Many thanks Swede. You broke this down to the simplest which a newbie could understand. Thanks again.
  • #2,902
  • Dec 12, 2020 5:55pm Dec 12, 2020 5:55pm
Quoting Swede
Your now free to do all manner of analyses...like the secret angle developed by Jenkins...or becks emblem etc...because your angles all square with the 45... Note the division of 1/2 the 45...how accurate it was in determining counter trend potential...and many of those trades counter trend gave up 100 or more pips... And by all means, pull up your short term charts separately when these levels are challenged...you will find many great entries...and that is just on this one currency...so try it out and see....happy trading everyone! {image}
So, once you have clear in your mind what is going on with the Daily chart....now would be the time to open your trading chart, say the one hour. This is what the hourly looked like a couple days ago when the upper daily hit resistance on the 22.5 angle (one half the swing angle squared to 45 degree)

What you see is the Monthly Pivot was hit, the Weekly R161 was touched...and everything began to reverse....for a bucket full of pips....absolute NO Brainer trade....when you see something like this just take it, no questions...set a 25 pip stop in case you missed something and just enjoy the ride..(ps...never underestimate the power of monthly, weekly pivots on your short term charts..see Pivot Trading thread by Davit for more)
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  • #2,903
  • Dec 14, 2020 8:44am Dec 14, 2020 8:44am
Swede
Hope you had your order in ?
ps
Only a 2,029.85 % increase today
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  • #2,904
  • Edited 10:06am Dec 16, 2020 8:58am | Edited 10:06am
Quoting Swede
{quote} So, once you have clear in your mind what is going on with the Daily chart....now would be the time to open your trading chart, say the one hour. This is what the hourly looked like a couple days ago when the upper daily hit resistance on the 22.5 angle (one half the swing angle squared to 45 degree) What you see is the Monthly Pivot was hit, the Weekly R161 was touched...and everything began to reverse....for a bucket full of pips....absolute NO Brainer trade....when you see something like this just take it, no questions...set a 25 pip...
again well explained and thankyou

also sorry to bother you are these similar to murry? which is better? in your opinion does it work on indexes i respect all the help you guys are shelling out just trying to alocate my time in the rabit holes

fell in love with your method of drawing 90 degree angles very useful cant thank you enough for posting
  • #2,905
  • Dec 16, 2020 10:05am Dec 16, 2020 10:05am
Quoting RoninTheory
{quote} again well explained and thankyou
Copy my day chart and hourly chart....today’s date.....same situation exactly.......upper fib level touched and reversed..also right at R78 weekly pivot....once again a no brainer up 100 pips in 2 hours.....
  • #2,906
  • Dec 16, 2020 11:01am Dec 16, 2020 11:01am
Quoting Swede
{quote} Copy my day chart and hourly chart....today’s date.....same situation exactly.......upper fib level touched and reversed..also right at R78 weekly pivot....once again a no brainer up 100 pips in 2 hours.....
thankyou

funny i traded the weeks pivot on de30 twice today now i know( know being have an idea) more reading

didnt think it was possible to feel like words from books can give a sense of drowning
  • #2,907
  • Dec 16, 2020 11:56am Dec 16, 2020 11:56am
Quoting RoninTheory
{quote} again well explained and thankyou also sorry to bother you are these similar to murry? which is better? in your opinion does it work on indexes i respect all the help you guys are shelling out just trying to alocate my time in the rabit holes fell in love with your method of drawing 90 degree angles very useful cant thank you enough for posting
Murry Math is a formula that can be much more relevant in the markets we trade these days and it is based on octave levels.....but for currencies I have found the simple division by 8 of the swing can be super effective. Now if you want to really hone in on entries trading the index, study Parisboy’s envelopes.....he really spots when it is time to jump in.
  • #2,908
  • Dec 16, 2020 12:40pm Dec 16, 2020 12:40pm
Quoting Swede
{quote} Murry Math is a formula that can be much more relevant in the markets we trade these days and it is based on octave levels.....but for currencies I have found the simple division by 8 of the swing can be super effective. Now if you want to really hone in on entries trading the index, study Parisboy’s envelopes.....he really spots when it is time to jump in.
thankyou sweede thankyou paris boy and thankyou oapdave diamond minor
  • #2,909
  • Edited 9:36am Dec 17, 2020 9:00am | Edited 9:36am
Quoting Swede
I will use GBP/ USD Daily chart....this is my preferred chart for this method... Here we determine the swing, or impulse wave started in early June. (about 1200 pip move) Then divide the swing in eight and divide the time it took by 8.....(get as close as you can, sometimes its out by a candle or two but still very significant if you continue) What do you see? Well, note the Grid...is it square? No, more of a rectangle, so what good is it if we want to draw angles and so on? There is a solution next..... {image}
okay so ive done this thus far
and i just want to ask why this leg in particular?
once i have done this on the day chart will all my lower time frame charts follow suit or do i have to follow the same process on the lower time frames ?

and can i pick any old inpulse or are others more important than others?

2nd screen shot is my squeezing i .... embaressingly not so quickly noticed that if i did not use the degree angle trend line function that my standard trend line would fix and just move with the chart ... in these dark and embaresing moments i wondered if this magic was a cruel joke i placed a tick and a x for any one that may find this and is a simple as me (unlikely) hopefully im not alone

3rd image is hopefully mission accomplished

sincerely yard broom

sorry i put this off i was putting off making an ass of my self

5th image ive just discovered water

i mean i just love how TREND angles repeat OVER and OVER i find that alone amazing and so simple but it really does help my trade manament even on a unscaled chart now ive been given a bazooka i only imagine it will get better very thankful

question i do want to ask do i scale only on the dayly or if i am trading say the 5 min do i need to scale lower i see you mention support resistance being broke what do i do then
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  • #2,910
  • Dec 17, 2020 1:04pm Dec 17, 2020 1:04pm
Quoting RoninTheory
{quote} okay so ive done this thus far and i just want to ask why this leg in particular? once i have done this on the day chart will all my lower time frame charts follow suit or do i have to follow the same process on the lower time frames ? and can i pick any old inpulse or are others more important than others? 2nd screen shot is my squeezing i .... embaressingly not so quickly noticed that if i did not use the degree angle trend line function that my standard trend line would fix and just move with the chart ... in these dark and embaresing...
I can only speak to what works for me so I will only offer this:

1.....when squaring time and price only use the daily chart and once set don't tinker with it until either top or bottom is breached....like today I may reset the upper but will wait for daily close...may just leave it for a few days. Smaller time frames, except for the 4 hour, are difficult at best...get used to seeing the big picture on the daily and you will find the daily is much easier to trade over the small time frames. What I am showing you is a counter trend method that works for me being trading in NY time period....it is certainly not for everyone and it could be classified as Super Agressive..........the thing is I know how the Pound trades, especially after London, so I have an advantage being here for the crossover between London and NY trading sessions....

2......divide your swing by 8 clear parts...I only see seven on yours.....divide the time by 8....I only see 7 on yours....only then experiment with angles, like the Fib Fan.....but make sure it is also divided by 8.

3......use a major swing.....yours is ok but when you check trendlines and so on it does not work so well....but look at where I drew mine from and you will see a clear 37.5 treandline that price is always paying attention too...over and over.....that means if it happens more than once there is a good indication it will do so over and over until a major reversal takes place....

Ok....so that is one method that I like to use....it is certainly not for everyone, nor would I recommend it until proficient at trading for a couple years.

4......trading 90 degree offsets from major swing is a method all in its own...and if careful can make some great entries...keep practicing that for a few weeks to see how many you can find....they are very powerful....there you can go to smaller time frames like the 15 30 1hr...squeese them up a bit and start drawing...lol

Don't confuse yourself with too many methods when trying some of these....practice and demo trade is the name of the game
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  • #2,911
  • Edited Dec 18, 2020 1:52am Dec 17, 2020 2:11pm | Edited Dec 18, 2020 1:52am
Quoting Swede
{quote} I can only speak to what works for me so I will only offer this: 1.....when squaring time and price only use the daily chart and once set don't tinker with it until either top or bottom is breached....like today I may reset the upper but will wait for daily close...may just leave it for a few days. Smaller time frames, except for the 4 hour, are difficult at best...get used to seeing the big picture on the daily and you will find the daily is much easier to trade over the small time frames. What I am showing you is a counter trend method...
sound advice as ever thankyou will try better attempt tomorrow and look into more stuf you told me i enjoy the 90 degree ive started to look at the pivots again very useful i looked previously but thanks to your simplifying saying look at weekly and monthly i find useful

i see the usefullness in murry however because the labels are labbled and my lacking understanding because i have not read enough i want to pay more antention to the levels also i like that with pivots as you have said in one of your posts thats how it stays the howl week 90 degree angel i love 5min indexs kapow!!risk reward is very nice
  • #2,912
  • Edited 3:02am Dec 18, 2020 2:14am | Edited 3:02am
Quoting Swede
{quote} I can only speak to what works for me so I will only offer this: 1.....when squaring time and price only use the daily chart and once set don't tinker with it until either top or bottom is breached....like today I may reset the upper but will wait for daily close...may just leave it for a few days. Smaller time frames, except for the 4 hour, are difficult at best...get used to seeing the big picture on the daily and you will find the daily is much easier to trade over the small time frames. What I am showing you is a counter trend method...
okay mark 2

hopefully this is more correct

however this time i dont grasp why you have changed what swing your drawing from in previous ilustrations your gird started from where mine does i belive unless im being super knoob

i have amended fib fan ( thanks for the heads up)

.......ps dear lord sweet babey jesus or what ever god you pray to i have just looked at that on the 5 minit ..........WOW

image 2 just playing with 45 degree looks a good living along with lazy boy analysis (note ondex it apears to want to not fix scale if you bugger about with something so if some one has same issue its ither a bug somewhere or an indicator you may have on
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  • #2,913
  • Dec 18, 2020 8:10am Dec 18, 2020 8:10am
Quoting RoninTheory
{quote} okay mark 2 hopefully this is more correct however this time i dont grasp why you have changed what swing your drawing from in previous ilustrations your gird started from where mine does i belive unless im being super knoob i have amended fib fan ( thanks for the heads up) .......ps dear lord sweet babey jesus or what ever god you pray to i have just looked at that on the 5 minit ..........WOW image 2 just playing with 45 degree looks a good living along with lazy boy analysis (note ondex it apears to want to not fix scale if you bugger...
The charts I used to Illustrate how to do the drawing was just for illustration purposes....the one I use in post 2910 is the one I have used since March...
  • #2,914
  • Edited 12:24pm Dec 18, 2020 8:15am | Edited 12:24pm
Quoting Swede
{quote} The charts I used to Illustrate how to do the drawing was just for illustration purposes....the one I use in post 2910 is the one I have used since March...
okay i wasnt cribbing chap

just i am a spaz so i was checking i was not being what i natrualy am at times thanks for all your help

hopefully my 2nd one is better drawn

thanks for all your useful posts you rock !
  • #2,915
  • Edited 12:37pm Dec 18, 2020 9:07am | Edited 12:37pm
Quoting RoninTheory
{quote} okay i wasnt cribbing chap just i am a so i was checking i was not being what i natrualy am at times thanks for all your help hopefully 2nd one is better drawn thanks for all your useful posts you rock !
Not a problem, it was a valid question. Yesterday was another great entry short.... just at the close of London session that failed to push further north....so far has yielded 140 pips....only need a few of those per week to make trading very profitable.


note how it looked on the one hour chart... and on the 5 min envelope method by Parisboy
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  • #2,916
  • Dec 18, 2020 9:16am Dec 18, 2020 9:16am
Quoting Swede
{quote} Not a problem, it was a valid question. Yesterday was another great entry short.... just at the close of London session that failed to push further north....so far has yielded 140 pips....only need a few of those per week to make trading very profitable.. {image}
i noticed that and there not words yet invented to express how super thankful i am to all you gentlemen for opening my eyes to specific things

it brings new hope

( please never take offence to how i am sometimes its more i am questioning my self to be sure as unfortunately for you chaps youve made the most beuatiful places with the most beautiful selections of knowledge yet attracted the biggest most percivierent spaz previous occupation tiling mate visual learner bit of a monkey if im honest ) not putting for sympathy just a spade to me is a spade black is black and white is white i just feel the need to express the point as i can imagine at some point it is highly likely i will seem tedious needing help

have a great weekend look forward to other arsenal of weapons of mass destruction you wish to put my way

sincerest thanks to every one

and thanks alot sweede for taking time you do to produce cleanly such examples
  • #2,917
  • Dec 18, 2020 10:45am Dec 18, 2020 10:45am
Quoting Swede
{quote} Not a problem, it was a valid question. Yesterday was another great entry short.... just at the close of London session that failed to push further north....so far has yielded 140 pips....only need a few of those per week to make trading very profitable. note how it looked on the one hour chart... {image} {image}
observing your 2nd chart

i notice an adr average indactor top left i also notice how prior day high liquity was ran then imidiately took south in your h1 example bang on your already area of intrest

the 3rd thing i spot is in my idol wanderings something i have not yet seen and that is adr start - what is this to do with days open or some other formula

sincerly many thanks
  • #2,918
  • Edited 10:43am Dec 19, 2020 4:57am | Edited 10:43am
Quoting Swede
{quote} Not a problem, it was a valid question. Yesterday was another great entry short.... just at the close of London session that failed to push further north....so far has yielded 140 pips....only need a few of those per week to make trading very profitable. note how it looked on the one hour chart... and on the 5 min envelope method by Parisboy {image} {image} {image}
i notice from your 3rd chart that you 3 a some seriously clever individuals i am only sad i cant like the post 3 times (in fariness all charts )

you know im looking at posts its funny one things stands out - so few likes ( a very small percentage of people succeed) perhaps that's the trick

any who thanks to sweede and kind clever gentlemen i can now square my chart and my circles dont have hissy fit

a picture from a stranger

a pattern in nature

mild mannered application to be improved upon

ill take this off by the end of today as to not ofend people with blinker vision

thanks sweede diamond paris - time tells
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  • #2,919
  • Dec 19, 2020 9:37am Dec 19, 2020 9:37am
Quoting RoninTheory
{quote} i notice from your 3rd chart that you 3 a some seriously clever individuals i am only sad i cant like the post 3 times (in fariness all charts ) you know im looking at posts its funny one things stands out - so few likes ( a very small percentage of people succeed) perhaps that's the trick any who thanks to sweede and kind clever gentlemen i can now square my chart and my circles dont have hissy fit a picture from a stranger a pattern in nature mild mannered application to be improved upon ill take this off by the end of today as to not...
Circles and their meaning in terms of projecting time and price are a study to themselves. They can pinpoint entires no question....but one needs to work with traders who can show you how to use them effectively....I know DM uses them effectively, I use them periodically , but certainly not effectively, Parisboy can probably help you more than anyone.

"so few likes"...yep, all of this takes work and planning and if you were to pole most traders in FF you will find they want to open a 5 min or 1 min chart and start trading without preplanning. Instant gratification. If they only knew how accurate they could be with a little bit of pre planning it would change a grim statistic that every broker must state in their disclaimers...... "79% of traders at such and such loose money" or " Significant Risk of Loss" trading forex, etc. All of that is because only 5 % or traders are still in the business after 5 years. Many blow their accounts the first year, sometimes for huge losses. i DONT WANT TO BE ONE OF THEM...and that is why I am so careful to trade only significant areas where the potentials to make gains is way in my favor...

Anyway, appreciate your zeal to learn....it will go a long way in making you successful....
  • #2,920
  • Dec 19, 2020 9:42am Dec 19, 2020 9:42am
Quoting Swede
{quote} Circles and their meaning in terms of projecting time and price are a study to themselves. They can pinpoint entires no question....but one needs to work with traders who can show you how to use them effectively....I know DM uses them effectively, I use them periodically , but certainly not effectively, Parisboy can probably help you more than anyone. "so few likes"...yep, all of this takes work and planning and if you were to pole most traders in FF you will find they want to open a 5 min or 1 min chart and start trading without preplanning....

thankyou for all your help and your wise and kind words means such a lot coming from some one like you

whishing you a fantastic weekend and look forward to my next hints you give me

all and any constructive help and criticism is most welcome - for a species only capable of 20% brain output - i think its best to play the game of life as a team
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