Analysis and Trading based on Envelopes, Waves, Cycles | Page 224 | 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

  • #4,461
  • Jan 24, 2021 12:35am Jan 24, 2021 12:35am
Hi parisboy, I have a bunch of questions that I hope you can clarify.

#990 - Would a trade be taken even if there is no valid VTL (The GREEN line doesn't looks to be a VTL)

#1565 - Is the trade based on crossing of 128 CMA (MIDDLE) since there is no VTL and the target would be the 128 CMA (TOP)

#1581 / #1590 - Would you please explain the trade decisions on these, because I do not see a VTL and the entries were between the 32 CMA (MID) and the 32 CMA (LOW)

#1602 - If the GREEN line is not a VTL, were the trades based on 3 Envelopes pointing down and crossing of the 32 CMA (MID)

#2300 - Does steepness play a part in entry decision process? (i.e if the GREEN VTL is more then RED VTL, will the trade be taken?)

Regards

VQ.
  • #4,462
  • Jan 24, 2021 10:12am Jan 24, 2021 10:12am
Attached Image (click to enlarge)
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  • #4,463
  • Jan 24, 2021 10:12am Jan 24, 2021 10:12am
Attached Image (click to enlarge)
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  • #4,464
  • Jan 24, 2021 8:24pm Jan 24, 2021 8:24pm
Hello parisboy, I would hope to converse if you allow to spare a little of your time. Due to membership limitations, I am unable to drop you a private message, and also the same limitations it seems that I cannot post as much as I would like to. If you do not mind, that is. My Skype id is: live:wcra_8

Regards

VQ.
  • #4,465
  • Jan 25, 2021 3:46am Jan 25, 2021 3:46am
Hi parisboy, as per file uploaded. Would it be a Valid Trend Line, if price crossed/touched the 32 TU and subsequently cross/touched the 128 TU but not the 32 TU.

Regards

VQ.
Attached Image (click to enlarge)
Click to Enlarge Name: FORUM1.png Size: 118 KB
  • #4,466
  • Edited 6:36am Jan 25, 2021 5:18am | Edited 6:36am
Quoting vqs
Hi parisboy, as per file uploaded. Would it be a Valid Trend Line, if price crossed/touched the 32 TU and subsequently cross/touched the 128 TU but not the 32 TU. Regards VQ. {image}
VQS what is important is to understand the Logic. VTL Logic is to draw a Trend Line between 2 adjacents Tops or 2 Lows of the same nature, degree, order. Hence in your chart you show a correctly labeled Valid Trend Line - it is a VTL drawn between 2 adjacent Tops having crossed the Envelope 128 Time Units.
  • #4,467
  • Jan 25, 2021 5:32am Jan 25, 2021 5:32am
Attached Image (click to enlarge)
Click to Enlarge Name: VQS VALID TREND LINE.jpg Size: 52 KB
  • #4,468
  • Jan 25, 2021 5:44am Jan 25, 2021 5:44am
Hi parisboy, thanks for the prompt reply. And I'm trying to grasp the concept of underlying, I've look at the pictures posted and I've been re-reading the definition of it but still not sure about it.

My current understanding of it is (as per the images I uploaded) on the 5 min, with the settings 6.25, I observed that the underlying trend is up. And on the 1 min with settings 3.125 I'm looking for action signals like the one above that you have provided. Would that be right?

Also, on the 1 min chart, I've highlighted a period where price is not touching the 32 TU top and bottom. Should the settings remain or should I go 1.5625 on it.

Regards

VQ.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5m.JPG Size: 175 KB
Click to Enlarge Name: 1m.JPG Size: 182 KB
  • #4,469
  • Jan 25, 2021 6:36am Jan 25, 2021 6:36am
Quoting vqs
Hi parisboy, thanks for the prompt reply. And I'm trying to grasp the concept of underlying, I've look at the pictures posted and I've been re-reading the definition of it but still not sure about it. My current understanding of it is (as per the images I uploaded) on the 5 min, with the settings 6.25, I observed that the underlying trend is up. And on the 1 min with settings 3.125 I'm looking for action signals like the one above that you have provided. Would that be right? Also, on the 1 min chart, I've highlighted a period where price is not...
Compare the 80 points that the Underlying Trend has added to the Price Action with the Amplitude of our Envelope with the greatest period
Attached Image (click to enlarge)
Click to Enlarge Name: VQS UNDERLYING TREND.jpg Size: 98 KB
  • #4,470
  • Jan 25, 2021 6:44am Jan 25, 2021 6:44am
Quoting vqs
Hi parisboy, thanks for the prompt reply. And I'm trying to grasp the concept of underlying, I've look at the pictures posted and I've been re-reading the definition of it but still not sure about it. My current understanding of it is (as per the images I uploaded) on the 5 min, with the settings 6.25, I observed that the underlying trend is up. And on the 1 min with settings 3.125 I'm looking for action signals like the one above that you have provided. Would that be right? Also, on the 1 min chart, I've highlighted a period where price is not...
VTL use generating a candidate Action Signal for shorting
Attached Image
  • #4,471
  • Jan 25, 2021 6:47am Jan 25, 2021 6:47am
Quoting vqs
Hi parisboy, thanks for the prompt reply. And I'm trying to grasp the concept of underlying, I've look at the pictures posted and I've been re-reading the definition of it but still not sure about it. My current understanding of it is (as per the images I uploaded) on the 5 min, with the settings 6.25, I observed that the underlying trend is up. And on the 1 min with settings 3.125 I'm looking for action signals like the one above that you have provided. Would that be right? Also, on the 1 min chart, I've highlighted a period where price is not...
No IMHO you do not need to do that . Amplitude would be too narrow to trade. Envelopes have to generate TRADABLE Contact Points (Reversals)
  • #4,472
  • Jan 25, 2021 6:53am Jan 25, 2021 6:53am
Thank you very much! Will read again now with the better understanding.

Regards

VQ.
  • #4,473
  • Jan 25, 2021 7:03am Jan 25, 2021 7:03am
Also Sir, may I ask how much emphasis do you place on precision. I see that some before me who posted uses H+L/2 for the envelopes and you had used the close price. And in your earlier posts I noticed you had used a line graph which I think do not plot the high & low and for the later posts you are using the Heiken Ashi.

Regards

V.Q
  • #4,474
  • Jan 25, 2021 7:40am Jan 25, 2021 7:40am
Quoting vqs
Also Sir, may I ask how much emphasis do you place on precision. I see that some before me who posted uses H+L/2 for the envelopes and you had used the close price. And in your earlier posts I noticed you had used a line graph which I think do not plot the high & low and for the later posts you are using the Heiken Ashi. Regards V.Q
precision is not really important . Coherence is more important. You need to compare what is comparable.
  • #4,475
  • Jan 25, 2021 5:39pm Jan 25, 2021 5:39pm
Hi Sir, in this scenario (attached image) where there is no significant underlying influence (intervals are almost equal), would the plan be to expect price be contained within the highest TU?

Attached Image (click to enlarge)
Click to Enlarge Name: UL.JPG Size: 238 KB


Regards

VQ.
  • #4,476
  • Jan 25, 2021 10:25pm Jan 25, 2021 10:25pm
Hi Sir, as per pervious upload, does this correctly describe "lost motion" with regards to the flat underlying?

Attached Image (click to enlarge)
Click to Enlarge Name: 331.JPG Size: 163 KB


Regards
VQ.
  • #4,477
  • Jan 26, 2021 2:28am Jan 26, 2021 2:28am
Quoting vqs
Hi Sir, as per pervious upload, does this correctly describe "lost motion" with regards to the flat underlying? {image} Regards VQ.

Yes, but do not forget that (IMHO) Lost Motion used with Envelopes is a "relative" concept and not an absolute one. Because if you increase slightly your Enveloppes parameters there is no more "Lost Motion"
  • #4,478
  • Jan 26, 2021 2:59am Jan 26, 2021 2:59am
BITCOIN 1 mn

Tillman Forks
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  • #4,479
  • Jan 26, 2021 3:11am Jan 26, 2021 3:11am
Hi Sir,

Attached Image (click to enlarge)
Click to Enlarge Name: MI.JPG Size: 186 KB


I've got more questions this morning. In this case a very mild Descending Valid Trend Line, no other VTL that I'm able to see. Is the trend flat or down, any sort of bias for such low degree trend?

Another couple not relating the the image posted.
- Would it be viable to trade corrective moves that are NOT considered Valid Trend Lines
- Should targets be in relation to the amplitude of the envelopes? Example: Trend determined by 128 TU, should targets be based on the 128 TU or whatever is ahead like the 32 TU lines or other VTLS.

Regards
VQ.
  • #4,480
  • Jan 26, 2021 3:37am Jan 26, 2021 3:37am
BITCOIN 1 mn

Probable evolution
Attached Image (click to enlarge)
Click to Enlarge Name: BITCOIN BOULE DE CRISTAL.jpg Size: 71 KB
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