Analysis and Trading based on Envelopes, Waves, Cycles | Page 256 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Planetary cycles, astrological theory of cycles of the markets 510 replies

Forecast Forex using Numeric Cycles and Astrology Cycles 38 replies

Planetary Cycles... Plotting Cycles into the Future 0 replies

Market Waves are NOT Cycles 8 replies

Waves/Trends/Cycles 0 replies

Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
Exit Attachments

Analysis and Trading based on Envelopes, Waves, Cycles

  • #5,101
  • Mar 29, 2021 12:15pm Mar 29, 2021 12:15pm
Quoting OAPDave
{quote} Thanks Ace Do not get me going on ALGO's followed the threads and saw you posts, tbh they drove me(not your posts but the gurus) mad, the guy that as the answer for the algo's is Parisboy he as demonstrated he can trade anything in any timeframe and shows it day after day all without any fuss Me, as you are well aware its Murrey for my Algo's right or wrong sprinkled with a bit of Parisboys Method {image}

Your most welcome Dave & I know what you mean about that thread. It did the same for me. Parisboy's method is by far the best. It has all the elements of a sound trading method & requires no tradition indicators. I have another way I trade, but Parisboys method is part of what I do.

Best trades to you my friend.
  • #5,102
  • Mar 29, 2021 1:18pm Mar 29, 2021 1:18pm
Quoting OAPDave
{quote} How do you view you ADR ?
Ya, the adr is nearly at 100 % of 20 day average so I stayed out...and price never made it back to 1.3800...I see I missed a few dollars but late in the session now so wait until London or NY before venturing in..
  • #5,103
  • Edited Mar 30, 2021 8:18am Mar 29, 2021 1:19pm | Edited Mar 30, 2021 8:18am
Quoting acetrader
{quote} Your most welcome Dave & I know what you mean about that thread. It did the same for me. Parisboy's method is by far the best. It has all the elements of a sound trading method & requires no tradition indicators. I have another way I trade, but Parisboys method is part of what I do. Best trades to you my friend.
you chaps on about real or algo thread if so i had a scan just became silly so come back to my three homes where the smart kind people are - and cool books

picture bit of bathtub analysis trying to prove theory ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 920c7473d4f94023f18a26c8ae88fe45.png Size: 282 KB
Click to Enlarge Name: 58926d23d821783f1dd00517aa73f33c.png Size: 264 KB
Click to Enlarge Name: 9e674e2a66c221f92f558eeffb3b04ee.png Size: 706 KB
Click to Enlarge Name: 838708a5ec024db48314d3844d6a7fa6.png Size: 647 KB
Attached Image
  • #5,104
  • Edited 3:47pm Mar 29, 2021 3:31pm | Edited 3:47pm
Quoting RoninTheory
{quote} you chaps on about real or algo thread if so i had a scan just became silly so come back to my three homes where the smart kind people are - and cool books picture bit of bathtub analysis trying to prove theory ... {image} {image}
I see you have your Rubber Ducky overseeing your analyses and that is a fine thing.... but let me ask you something.....when your scanning some of your charts, what are you looking for? Your looking for oversold/overbought areas, areas that can be exploited by either a counter trend trade, or another entry with the trend...or perhaps you just want to take profit because of the currency being in that over reached category.

So, below is a tool that can really help....Disclaimer....this is an alert tool only, and it is designed to help one see and over extension of normal activity...a place you may be interested in moving to your entry chart.

It works this way...when your average daily range is met or exceeded...the lines turn red from gold...a handy alert when your scanning for areas of interest to trade PB methods over 18 or more charts.....when doing my scan today...this one alerted me to this condition and I will be watching closely for a reversal using my PB 5 min and 1 min charts....during the Asian session in a few hours.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZDiH1.png Size: 43 KB
Click to Enlarge Name: AUDNZDiM5.png Size: 59 KB
Attached File(s)
File Type: ex4 !SM_ADR_Marker(1).ex4   12 KB | 222 downloads
  • #5,105
  • Mar 29, 2021 3:46pm Mar 29, 2021 3:46pm
Quoting Swede
{quote} I see you have your Rubber Ducky overseeing your analyses and that is a fine thing.... but let me ask you something.....when your scanning some of your charts, what are you looking for? Your looking for oversold/overbought areas, areas that can be exploited by either a counter trend trade, or another entry with the trend...or perhaps you just want to take profit because of the currency being in that over reached category. So, below is a tool that can really help....Disclaimer....this is an alert tool only, and it is designed...
your trend lines are they fractal break? or just trend lines

thanks for all assistance

thought you would like the duck
  • #5,106
  • Mar 29, 2021 3:50pm Mar 29, 2021 3:50pm
Quoting RoninTheory
{quote} your trend lines are they fractal break? or just trend lines thanks for all assistance thought you would like the duck
It was just an automatic trend line drawing tool...I was experimenting to see if it picked up VTL often...it didn't and I have removed it...

It is not that difficult to draw my own, and it helps in the analyses doing it manually anyway....I just get a bit lazy sometimes...

ps...as you can see, lots of entries on the dump on the way down....
  • #5,107
  • Mar 30, 2021 7:01am Mar 30, 2021 7:01am
Quoting Swede
{quote} It was just an automatic trend line drawing tool...I was experimenting to see if it picked up VTL often...it didn't and I have removed it... It is not that difficult to draw my own, and it helps in the analyses doing it manually anyway....I just get a bit lazy sometimes... ps...as you can see, lots of entries on the dump on the way down....
could ask soho if he could ding a trend line to the extreme touch of given bands if he had time perhaps would imagine would be quite hard job


s i have some things id like him to do on paid projects regarding math i think
  • #5,108
  • Edited 10:08am Mar 30, 2021 9:54am | Edited 10:08am
may get interested if ADR reached and a bounce out of support...time will tell...next hour should give a clue..

Always think like a broker...if there is an order to buy $ 20,000,000 pound dollars sitting at around 1.3675 the market makers will make it happen...right now their feeding on retail traders looking for the big bounce.....
Attached Image (click to enlarge)
Click to Enlarge Name: GBP analyses.png Size: 71 KB
  • #5,109
  • Mar 30, 2021 11:35am Mar 30, 2021 11:35am
Traveling...excuse ipad mt4....make or break coming up....
Attached Image (click to enlarge)
Click to Enlarge Name: BC9F3640-E3E8-4E8D-B886-24EE9139C777.jpeg Size: 1.1 MB
  • #5,110
  • Edited Mar 31, 2021 1:35am Mar 30, 2021 1:13pm | Edited Mar 31, 2021 1:35am
Quoting Swede
Traveling...excuse ipad mt4....make or break coming up.... {image}
.... i have not finished drawing and it is ofcourse not any form of recomendation or investment advice

however i recall reading you were yet to see some one " forcast" im not a forecaster..... but i would like to try to have a good idea of what the market may do ahead of time

start of my attempt image one

ill update this later when ive finished drawing the cycles ahead into the future and see whether they hold any relevance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: b0300f182260304b7cc747ea6c7746fd.png Size: 318 KB
Click to Enlarge Name: ea2d143f6a2b6fc480a773d4b8a0e001.png Size: 244 KB
Click to Enlarge Name: 7f921622976689087014441d6652a20d.png Size: 249 KB
  • #5,111
  • Mar 30, 2021 2:05pm Mar 30, 2021 2:05pm
Quoting RoninTheory
{quote} .... i have not finished drawing and it is ofcourse not any form of recomendation or investment advice however i recall reading you were yet to see some one " forcast" im not a forecaster..... but i would like to try to have a good idea of what the market may do ahead of time start of my attempt image one ill update this later when ive finished drawing the cycles ahead into the future and see whether they hold any relevance {image}
Nothing wrong with trying to find potential turning points, I have found though it is much more accurate to find price turning points rather than cycle (time) turning points. If you read and digest and experiment with some of the Hurst PDFs on the first page using the cross over of certain moving averages and measuring the distance north or south from the crossover, you will find some pretty accurate areas where price will turn, using daily charts. Or, simple measured moves carried forward can give you very accurate turning points based on price, not time.

Cycle analyses with forex is very difficult for pinpoint accuracy...imho. Price analyses much more accurate.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6E036C30-7C46-421E-AB60-620893299F46.png Size: 378 KB
Click to Enlarge Name: A425BC6D-CC6E-46ED-A782-22CCB4E66403.jpeg Size: 678 KB
  • #5,112
  • Mar 30, 2021 2:16pm Mar 30, 2021 2:16pm
RT...this chart shows measured move based on price action....cycles are also on chart but often they are nebulous....the price was targeted but timing was off
Attached Image (click to enlarge)
Click to Enlarge Name: 8EC4AB9A-D869-49F7-828E-43EB62B1A105.jpeg Size: 1.4 MB
  • #5,113
  • Mar 30, 2021 3:19pm Mar 30, 2021 3:19pm
GBPUSD 30 mn

Cycles
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 30 mn Cycles 30 MARS 2021.jpg Size: 78 KB
  • #5,114
  • Mar 30, 2021 3:43pm Mar 30, 2021 3:43pm
Quoting parisboy
GBPUSD 30 mn Cycles {image}
beautiful
  • #5,115
  • Mar 30, 2021 3:50pm Mar 30, 2021 3:50pm
Quoting Swede
{quote} I see you have your Rubber Ducky overseeing your analyses and that is a fine thing.... but let me ask you something.....when your scanning some of your charts, what are you looking for? Your looking for oversold/overbought areas, areas that can be exploited by either a counter trend trade, or another entry with the trend...or perhaps you just want to take profit because of the currency being in that over reached category. So, below is a tool that can really help....Disclaimer....this is an alert tool only, and it is designed...

does these ADR high low lines repaint its self /move up /down / if price move 200/300 % in one day ? or these not move and fixed ?
  • #5,116
  • Mar 30, 2021 4:30pm Mar 30, 2021 4:30pm
Quoting lostup
{quote} does these ADR high low lines repaint its self /move up /down / if price move 200/300 % in one day ? or these not move and fixed ?
Once price reaches the adr the lines turn red for the rest of the session, until a new day starts. They are fixed based on the current ADR..
  • #5,117
  • Mar 30, 2021 4:34pm Mar 30, 2021 4:34pm
Quoting parisboy
GBPUSD 30 mn Cycles {image}
Yes the cycles are there but they are all of different widths, sometimes many hours difference and are a very limited alert to price direction change in the future...and that is what time cycles are supposed to indicate, future turning points.. whereas price levels based on the envelope, or other settings are much more predictable imho
  • #5,118
  • Edited 1:38am Mar 31, 2021 1:15am | Edited 1:38am
Quoting Swede
{quote} Yes the cycles are there but they are all of different widths, sometimes many hours difference and are a very limited alert to price direction change in the future...and that is what time cycles are supposed to indicate, future turning points.. whereas price levels based on the envelope, or other settings are much more predictable imho
its all very fascinating

i mean drawing out my trial/ test it is fascinating to see the behaviour at the envelopes- sort of a confluence i guess ...

the cycles i like how they are drawn though even if the last one can take a moon to complete its just and interesting way of observing imoformation that some one may put a use to...

dont try never know - dont apply your self nothing will never happen good or bad reading and trying makes some one smarter

figure why your so smart

i enjoy being inspired to do seemingfully silly things ...

you chaps are awsome
  • #5,119
  • Mar 31, 2021 1:20am Mar 31, 2021 1:20am
Quoting parisboy
Quoting LongBTC {quote} When I mentioned crazy mathematics I was actually referring to the numerous documents you posted and the parameters behind all the bands. While I absolutely understand that there is no doubt that you will find value in these indicators I think that we can keep things much simpler and that trading from (almost) naked price action can be profitable too. Crazy mathematics Crazy Typo : Gann Octave = 0.0065 {image} {image}

HI Paris Boy
I tried real hard but I cannot draw a good trading envelope for the one hour mini S&P ES futures. Can help?

The ES futures is very volatile recently, so it’s so difficult. In one day, I estimate there’s 50 points movement. I followed your directions.

However, I still cannot draw a nice envelope using EMA200. Not sure what’s wrong.
thanks so much.
  • #5,120
  • Mar 31, 2021 5:56am Mar 31, 2021 5:56am
Quoting OAPDave
Hi Guys Now that, thanks to Sohocool as made it possible for us MT4 user to Trade The Parisboy Way with 7 likes and 35 Downloads Thanks Sohocool I have decide it perhaps is best, as not confuse the new guys that are following Parisboys fantastic detailed posts of his Method to stop posting The reason being as I think most of you will guess, yes my MurreyMaths and the way it helps me Just a little background why I use it, the fact is I was working with MurreyMaths before I discovered Parisboys thread but had not quite got to grips with it , in my...

hi Dave, I couldn’t find much.
I also cannot identify which indicator and what parameters Paris boy used to draw his envelopes.

I can see that the indicator is “ENV”.
when I search “ENV”, there are dozens of ENV indicators. I can’t reproduce his results
2 traders viewing now