Analysis and Trading based on Envelopes, Waves, Cycles | Page 257 | Forex Factory

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Analysis and Trading based on Envelopes, Waves, Cycles

  • #5,121
  • Mar 31, 2021 8:50am Mar 31, 2021 8:50am
Quoting Jo2020
{quote} 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
Have a look at Page 253 post 5052
That's the indicator you need, and perhaps another re-read of at lest the first few pages would give you a better idea what the thread is about, one thing for sure its not about 200ema's ,
  • #5,122
  • Edited 12:38pm Mar 31, 2021 12:04pm | Edited 12:38pm
Quoting Jo2020
{quote} 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
hello jo welcome

https://www.forexfactory.com/thread/...4#post13464864 read down from there alain goes step by step hopefully that will be of some use

also few weeks back dave gave some very good advice and made a good point that you have to pick and run the envelope three times or something - he explained it way better than i just have

hope this helps good luck

never give up

im sorry i cant help better yet im a spaz on trading view full throttle knoob

edit im going to try because people have helped me - ill apologise in advance if i mess this up royally and end up as no help at all but im gonna try
  • #5,123
  • Mar 31, 2021 12:52pm Mar 31, 2021 12:52pm
Pretty much every thing going for a reversal...on the one hour we show a 78.2 retrace from Monday, center moving average 256 touch and reverse, 1.3800 Big round number, the 5 minute chart shows the outer 256 breach and reverse...only thing that needs caution is the Bank Holiday tomorrow and a thin market.
Anyway, as always I stress the importance of confluence in your trading decisions so this is a good example...
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  • #5,124
  • Mar 31, 2021 12:56pm Mar 31, 2021 12:56pm
Quoting RoninTheory
{quote} hello jo welcome https://www.forexfactory.com/thread/...4#post13464864 read down from there alain goes step by step hopefully that will be of some use also few weeks back dave gave some very good advice and made a good point that you have to pick and run the envelope three times or something - he explained it way better than i just have hope this helps good luck never give up im sorry i cant help better yet im a spaz on trading view full throttle knoob edit im going to try because people have helped me - ill apologise...
Willing to share knowledge is a fine attribute...
  • #5,125
  • Mar 31, 2021 1:10pm Mar 31, 2021 1:10pm
Quoting Swede
{quote} Willing to share knowledge is a fine attribute...
im going to try my best... in the end thats all we can all do
  • #5,126
  • Mar 31, 2021 1:16pm Mar 31, 2021 1:16pm
Quoting Swede
Pretty much every thing going for a reversal...on the one hour we show a 78.2 retrace from Monday, center moving average 256 touch and reverse, 1.3800 Big round number, the 5 minute chart shows the outer 256 breach and reverse...only thing that needs caution is the Bank Holiday tomorrow and a thin market. Anyway, as always I stress the importance of confluence in your trading decisions so this is a good example... {image}
flush the weak hands under the pivot im sticking to my guns i mean could go down to the evelope and have a big flush but its in an upcycle to me by what im trying and im by no means a pro like you guys

im demmo trader not pro not trade avdice blah blah

.... but i stick to my guns not to say you cant be bullish and the market tank why i like the evelopes in studying this ( moderately i will add it shows alot of promis)

however ... it still needs other tools

like anything else

any good magician aims to have a hat full of tricks .... if the hat was empty or just had one or too well the show will be pritty pants

your hats full of tricks thanks for all your help i must try help some one now


ps i just restared i noticed your very subtle adr very subtle nice thanks sweede your a ledge
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  • #5,127
  • Mar 31, 2021 1:33pm Mar 31, 2021 1:33pm
Something to think about RT...we could be seeing GBP breaking its relentless uptrend...(900 pips north from fld 32 break to its current break south....keeping the big picture in mind is always a good idea when risking your own dollars......otherwise we are just gambling on the outcome...
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  • #5,128
  • Mar 31, 2021 1:41pm Mar 31, 2021 1:41pm
Quoting OAPDave
Yes the odd magic trick always comes in handy {image}
entry is everything...hope some jumped in...in just a few minutes stop could be moved to break even and ride it out from there....
  • #5,129
  • Edited 3:37pm Mar 31, 2021 1:53pm | Edited 3:37pm
Quoting Jo2020
{quote} 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.

hey jo

forgive me if i get this wrong hopefully some one will correct me along the way if i make ass of myself

https://www.forexfactory.com/thread/...2#post13414442 thats the post link for image one there is file posted by merka of which once you have your sp mini chart up which my friend damian tells me is ticker symbol mes your proberly know ( i didnt took me like 20 mins to find that cuz im spanner )

then from there once you downloaded the string of code it poped up in my notes

you copy and past it hear i belive image 2 blue arrow (my friend taime helped me hes from america i think what i like about this you meet cool kind people who help you and its only right to be the same )

once you open that

image 3 follow steps 1 ...2... 3...

image four


i may edit this incase it don't work so bare with me as its my first time
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  • #5,130
  • Edited Apr 1, 2021 11:18am Mar 31, 2021 2:02pm | Edited Apr 1, 2021 11:18am
Sometimes one needs to get organized, using a separate trading page just for the currency their analyses tells them to get interested in ...so this is my Cable trading page and all I have to do is take one look to the left to see if im in a risky position, or a position with merrit....am I gambling with counter trend...or am I with the current short term or long term trend....it make a difference, believe me...I have the scars to prove it...lol
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  • #5,131
  • Edited 3:04pm Mar 31, 2021 2:11pm | Edited 3:04pm
Quoting Jo2020
{quote} 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
hello again

so what i think needs to happen now because youll have a crazy looking blue blob which i just got is

image 1 click cog then that brings up settings then i assume we need to

follows sensaies paris boys steps hear https://www.forexfactory.com/thread/...9#post13464879

ill proberly start getting things wrong hear so ill apologise i am quite dumb

link should take you there image 2 i put image two incase the link is wrong

3 click auto where arrow is belive that is crucial for what paris boy has wrote

but hey ill try
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  • #5,132
  • Mar 31, 2021 11:39pm Mar 31, 2021 11:39pm
Quoting Swede
Sometimes one needs to get organized, using a separate trading page just for the currency their analyses tells them to get interested in ...so this is my Cable trading page and all I have to do is take one look to the left to see if im in a risky position, or a position with merrit....am I gambling with counter trend...or am I with the current short term or long term trend....it make a difference, believe me...I have the scars to prove it...lol ps...below is my before and after picture since meeting Parisboy....the one in the suit is before....after...
is that the visual warning. or a picture of a wise man . or a prompt that youll be old before you finish
  • #5,133
  • Apr 1, 2021 9:17am Apr 1, 2021 9:17am
Quoting RoninTheory
{quote} is that the visual warning. or a picture of a wise man . or a prompt that youll be old before you finish
I started looking at his envelopes about 2 years ago, at first I discounted them because I like simple, in fact I would prefer no indicators at all, and to me the charts are way too messy......but the more I experimented, the more they began to eat at me and I was finding trade after trade once the envelopes were set right. I did like DMs geometric trading, but mt4 is a very difficult platform for that due to scaling issues.....but not so for envelopes.

You see, a 256 moving average is the same on any platform out there, Optuma, Ensign, etrade or Mt4..that being the case it was just a matter of building the envelopes, which I did by hand many times, from scratch. No need for Tradingview or any other charting program....(trading view has some great Gann tools but other than that it is not so user friendly, especially if you want to run 25 charts for scanning, etc.

now, Sohocool comes along and makes the whole process easy, easy. Traders in this room do not appreciate just how awesome these templates are, and if they just concentrated on setting these correctly, they wouldn’t be stuck searching for something better, because it is a waste of time when a gift has been handed free of trouble and exasperation trying to set up Tradingview.

The wrinkles come from frowning while trying to see what Parisboy was telling us...it took time and energy, experimenting over and over...I think it aged me at times ha ha.
  • #5,134
  • Apr 1, 2021 10:03am Apr 1, 2021 10:03am
Yesterday we saw a nice pullback to the weekly pivot...produced about 75 pips overall....the London came along and now we see another level being challenged....Looking at the daily we see weakness for the first time in a month, trading under the fld....looking at the 4 hour we see the daily adr nearly reached ....the hourly and 5 min soon to be up in the overbought area...so, soon I will see if an entry is possible...but this is the last bank day this week due to holiday tommorow so the pullback has a potential to be strong in a thin market...tight stops needed
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  • #5,135
  • Apr 1, 2021 10:25am Apr 1, 2021 10:25am
nice example of Adr being reached and reversed...good for 90 pips so far....
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  • #5,136
  • Apr 1, 2021 11:00am Apr 1, 2021 11:00am
very possible...right into resistance....expect 1.38500 soon...watching the 5 min to see if GBP gives away the strategy here....nearly every time there will be a spike, then the dump...means sitting on ones hands until something significant gives away the market makers move...
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  • #5,137
  • Apr 1, 2021 11:22am Apr 1, 2021 11:22am
waiting the same guys,
10 pips to adr and the target is exactly in 10 pips
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just i dont use ParisBoy's envelopes,
so i dont want to disturb,
But we are in the same boat yes
  • #5,138
  • Apr 1, 2021 11:44am Apr 1, 2021 11:44am
Quoting RoninTheory
{quote} im going to try my best... in the end thats all we can all do
Thanks, Ronin and Swede.

Very thankful for all the sharing.
So thankful that words fail me.

I tried to draw these channels, so I could tell u how well they work.
But I couldn't draw so fast.

As I started drawing, the US markets reached all time high. It hit 4000.
I wanted to just close my eyes and buy, but I didn't.

Coming back to the drawings, I would like to try out and improve real fast and share with u how I do.

Best wishes to you this Easter.
May your life be blessed with joy and prosperity.
  • #5,139
  • Apr 1, 2021 12:40pm Apr 1, 2021 12:40pm
Quoting Jo2020
{quote} Thanks, Ronin and Swede. Very thankful for all the sharing. So thankful that words fail me. I tried to draw these channels, so I could tell u how well they work. But I couldn't draw so fast. As I started drawing, the US markets reached all time high. It hit 4000. I wanted to just close my eyes and buy, but I didn't. Coming back to the drawings, I would like to try out and improve real fast and share with u how I do. Best wishes to you this Easter. May your life be blessed with joy and prosperity.
Jo..are you using mt4 platform....?
  • #5,140
  • Apr 1, 2021 4:17pm Apr 1, 2021 4:17pm
Well, seems to have run out of steam...no point risking account until we see how it opens Sunday.....anyway, yesterday was a good entry and if you were trading London there was a nice long entry....(excuse the ipad mobile mt4)
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