Analysis and Trading based on Envelopes, Waves, Cycles | Page 259 | 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

  • #5,161
  • Apr 4, 2021 1:16pm Apr 4, 2021 1:16pm
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  • #5,162
  • Apr 4, 2021 1:33pm Apr 4, 2021 1:33pm
Cycles: I use DT software. It has, amongst others,2 "routines" called "Time RythmZone"," Price Rythm Zone".It calculates statistically the length in time and price of prior swings in bear and bull markets, any time frame. Ideally from the latest swings where there was a relatively regular flow of ups and downs. It tends to be very effective.
The chart below, EURGBP H, last week. You can see how it calculated the statistically most likely bottom of price and time, on the 1.04 at 5 PM.
You can see the overlapping shades of the time and price calculations. Once the ara is reached I go to a lower TF to find an entry.
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  • #5,163
  • Apr 4, 2021 2:44pm Apr 4, 2021 2:44pm
Quoting cuchuflito
Cycles: I use DT software. It has, amongst others,2 "routines" called "Time RythmZone"," Price Rythm Zone".It calculates statistically the length in time and price of prior swings in bear and bull markets, any time frame. Ideally from the latest swings where there was a relatively regular flow of ups and downs. It tends to be very effective. The chart below, EURGBP H, last week. You can see how it calculated the statistically most likely bottom of price and time, on the 1.04 at 5 PM. You can see the overlapping shades of the time and price...

Dynamic Trader from Robert Miner ?
  • #5,164
  • Edited 6:23pm Apr 4, 2021 4:28pm | Edited 6:23pm
Quoting RoninTheory
{quote} love you sir best easter present any one gave me love you sweede love you oap dave love you diamond minor happy easter question the colum in the picture does that expand as it apears as it has numbers but i can't see them {image}
Now, to put octaves in perspective, you can take your fib tool on any platform and reset them according to a division of 8 as shown below....a very handy tool to gauge retrace levels, particularly the 50 percent....

Now go to the bottom chart, and this is why the Gann version is so superior to even Tradingview..once you set your envelopes correctly, you automatically have the division by 8 right on your trading screen without a bunch of drawing....this works particularly well on 4 hour, daily and weekly charts...
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  • #5,165
  • Edited 8:57am Apr 5, 2021 12:12am | Edited 8:57am
Quoting RoninTheory
{quote} with this being i asume that is that ? what does this side of the table of contents define i am sorry if it is explained at some point in the thread it just doesnt have any points that i see with being given the the table i dont understand what this part represents 2nd image thanks for your time {image} {image}
Final answer......take any significant impulse move, or price move from the low to the high, divide it by 8 and you find support/ Resistance at those levels.....0,12.5,25,37.5,50,62.5,75,87.5,100. No other way to divide a swing in 8 equal parts...look at the chart, digest the most important reversals (50% in particular)....the division by 8 is even more accurate than common fib retrace level many of us have found.....do the work on your own and see if it’s so....no more questions please unless you have thoroughly investigated what is being said...go to all the gann writings....the division of 8 was just ONE OF HIS METHODS.

Look at all the check marks on the chart provided, every one gave huge returns, and you still don’t know what is shown to you..? You have so much stuff swirling in your mind that analyses peralyses has set in and unless you start taking one thing at a time you will be forever frustrated.
  • #5,166
  • Apr 5, 2021 3:19am Apr 5, 2021 3:19am
Quoting Swede
{quote} Now, to put octaves in perspective, you can take your fib tool on any platform and reset them according to a division of 8 as shown below....a very handy tool to gauge retrace levels, particularly the 50 percent.... Now go to the bottom chart, and this is why the Gann version is so superior to even Tradingview..once you set your envelopes correctly, you automatically have the division by 8 right on your trading screen without a bunch of drawing....this works particularly well on 4 hour, daily and weekly charts... {image} {image} {image}...
Swede
Hope you do not mind
Been looking at your GBP/Cad chart and I would like to re-enforce your thoughts
All I have done is taken the Sept 2017 H & L reason being we have stayed within that range from then till now
To me it resembles your views as near as possible but on a bigger scale
So my conclusion, it is a very robust method
p.s
The best fit for my eyes with an FLD is a 16
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  • #5,167
  • Edited 5:10am Apr 5, 2021 4:45am | Edited 5:10am
Quoting RoninTheory
{quote} thankyou so the higher envelope the internal lines represent the notes question is there any real benefit to doing it manual? like with your fib tool as apposed to via the new kindly crafted envelope is time applied by envelope duration / length or do i misinterpret how time is applied? thankyou for your time - {image}
YES

RT please do not ask anymore silly, stupid, repetitive questions.

99% of your questions have their answer within this thread and the numerous documents uploaded. Read it, study them YOURSELF again and again.

Your questions are not silly and stupid in itself. It is the thinking process you use which is. It is a dead end way of doing things correctly

a) you do not even wait the answer to one question to ask another one etc

b) choose a subject, the octave, the envelopes, the VTL, the FLD, Tillman etc whatever

c) practice it manually on a demo account

d) master it at least reasonably

e) then choose a second subject and process again the same way.

MANUALLY

Why manually ?

Because your computer is not a substitute to your brain. Your computer can help you calculating things, accelerating processes hence saving your precious time.

Your computer can help you drawing Envelopes. But your computer will not tell you which envelopes to draw, which Time and Price parameters to use.

Dividing by 8 a Price Range and applying MANUALLY the result will cost you less than 1 minute whatever the chart.

Do it MANUALLY for a Long Term Daily Chart. Can you INVEST 1 minute of your time to generate a Daily Chart which will stay STABLE during Weeks, Months, Years ?

Hence in ONE HOUR of your Time you can Test manually 60 different indexes, stocks, Forex Pairs . Do you follow 60 financial entities for your trading ?

Then by HALVING the parameters (when necessary) you can draw the others charts for various Time Units up to 1 mn.

Apply the same process MANUALLY for let's say 20 others financial entities of your choice.

Apply the same process from 1 mn to Daily by DOUBLING your parameters

Then at the end of this MANUAL process you would have understood how and why it works, the simplicity and the efficiency of the process described above.

If not ..... this thread is not for you
  • #5,168
  • Edited 5:13am Apr 5, 2021 5:03am | Edited 5:13am
Quoting jeanmichel
{image}
BITCOIN Fractal Growth
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  • #5,169
  • Apr 5, 2021 6:31am Apr 5, 2021 6:31am
Compare with these Charts
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  • #5,170
  • Edited 11:06am Apr 5, 2021 10:12am | Edited 11:06am
Quoting OAPDave
{quote} Swede Hope you do not mind Been looking at your GBP/Cad chart and I would like to re-enforce your thoughts All I have done is taken the Sept 2017 H & L reason being we have stayed within that range from then till now To me it resembles your views as near as possible but on a bigger scale So my conclusion, it is a very robust method p.s The best fit for my eyes with an FLD is a 16 {image} {image} {image} {image}
exactly....once set up you can do that with all 25 charts on a separate page, just to have a look before getting trigger happy....takes 20 minutes per day to scan, and when you find an interesting reversal probablility, then turn to the short term charts, like 1 hour, 15 min, 5 min etc.....and lets face it, all of these lines are just lines, and they are never perfect...but just doing the analyses this way builds tremendous confidence when taking a position...your last chart is definitely a Tillman example....nice
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  • #5,171
  • Apr 5, 2021 10:58am Apr 5, 2021 10:58am
Quoting OAPDave
{quote} Thanks Swede Slightly of topic Have you ever bumped into the very old VEGAS The Vegas Currency Daily & the 1 Hour & 4 Hour Tunnel Methods
Heard something about it but have no knowledge....
  • #5,172
  • Apr 5, 2021 11:15am Apr 5, 2021 11:15am
On a normal day, say Wednesday, or even turn around Tuesday, I would be short this one with my maximum risk.....R78, 256 breach and reverse...Big round Number , ADR at 115 % of normal....tons of confluence and an envelope chart that screams short......BUT, its a bank holiday in Europe...market is thin....think I will wait until a retrace or something tommoroww.....been burned on bank holidays before so lesson learned...(it will probably drop 200 pips while I wait..ha ha)
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  • #5,173
  • Apr 5, 2021 11:47am Apr 5, 2021 11:47am
GBPUSD 30 mn

Tillman Forks
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  • #5,174
  • Apr 5, 2021 11:58am Apr 5, 2021 11:58am
Quoting parisboy
GBPUSD 30 mn Tillman Forks {image}
Hold my hands up . you caught me out on that one
Guess I am back of the classroom again, wearing that silly hat with a D on it
Joking apart it was another layer of Confluence
Thank you
  • #5,175
  • Apr 6, 2021 2:27am Apr 6, 2021 2:27am
Quoting Swede
On a normal day, say Wednesday, or even turn around Tuesday, I would be short this one with my maximum risk.....R78, 256 breach and reverse...Big round Number , ADR at 115 % of normal....tons of confluence and an envelope chart that screams short......BUT, its a bank holiday in Europe...market is thin....think I will wait until a retrace or something tommoroww.....been burned on bank holidays before so lesson learned...(it will probably drop 200 pips while I wait..ha ha) {image}
well done sweede!!!!!! never get tired of seeing your insights

AHEAD OF TIME

have a great day gentlmen thankyou for your words and patience
  • #5,176
  • Apr 6, 2021 4:11am Apr 6, 2021 4:11am
Quoting parisboy
GBPUSD 30 mn Tillman Forks {image}
GBPUSD 30 mn

Short in progress
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  • #5,177
  • Apr 6, 2021 4:33am Apr 6, 2021 4:33am
GBPUSD 30 mn

Short in progress Follow Up
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  • #5,178
  • Apr 6, 2021 5:10am Apr 6, 2021 5:10am
Parisboy and swede have shown the magic of moving averages.. ( eg.. tillman forks etc..)
I use the magic of MAs' in the form of bollinger bands.
Attached chart show how useful they are. ( For me, cycles express themselves in the form of bands, channels , envelopes...etc ).

One can really dig down into whatever indicator one decides to master... and squeeze the "good stuff" from it .

On the 60 min eur chart the little blue channels show how the BB lines can become a balance point for price action.
For me, This can be very meaningful.

Also attached is the weekly chart... It is attempting to turn up at its lower channel line, but this is in conflict with the quarterly and monthly charts which want down.
So... A weekly swing up which could, probably, fail.
This is how I, kinda, use Hurst cycles. I have one cycle length and apply it to the different timeframes ( which are Gann timeframes ). That way I can see when cycles are in conflict, resulting in a possible 2 way mkt ( consolidation/pattern) , and when they are in harmony, which can result in a strong directional move.


cheers.
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  • #5,179
  • Apr 6, 2021 6:18am Apr 6, 2021 6:18am
GBPUSD 30 mn

Short in progress Follow Up
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  • #5,180
  • Apr 6, 2021 6:31am Apr 6, 2021 6:31am
Quoting rhk
Parisboy and swede have shown the magic of moving averages.. ( eg.. tillman forks etc..) I use the magic of MAs' in the form of bollinger bands. Attached chart show how useful they are. ( For me, cycles express themselves in the form of bands, channels , envelopes...etc ). One can really dig down into whatever indicator one decides to master... and squeeze the "good stuff" from it . On the 60 min eur chart the little blue channels show how the BB lines can become a balance point for price action. For me, This can be very meaningful. Also attached...
RHK Chart Analysis
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