Analysis and Trading based on Envelopes, Waves, Cycles | Page 279 | 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

  • #5,561
  • Apr 22, 2021 11:02am Apr 22, 2021 11:02am
Quoting OAPDave
{quote} Ace Wow that's a very difficult question to answer with my limited typing spelling and grammar skills Parisboy recently post a very detailed PDF that is well worth reading over and over But I think a very simply way to think of it as a Pivot Point Indicator much like Swede Posts he uses a Wkly Pivot so naturally it re sets every week But you could use a Daily which would reset everyday Same goes for a Monthly Now that being said Murrey takes the same idea but also adds in that price as to breakout of the Octave to force a re-set That's is...
Dave,

After having read the two MM pdf's Parisboy posted that is what brought those questions to mind. Your answers are what I got after reading the pdf's. I appreciate the conformation from you as a trader using MM. Over the last several days I have been reading the last pdf's & videos posted by Parisboy & trying to get a better understanding of envelopes, Gann, Hurst & FLD's. The post by Parisboy reference the 32 & 64 garnered by attention so I loaded those onto one of my charts. Much to be said about what I see. My interest in FLD's has increased.

Thank you for your response sharing your knowledge.
  • #5,562
  • Apr 22, 2021 11:20am Apr 22, 2021 11:20am
Here are a couple of screenshots of GU/M1 with the two types of channel offset setups. I think I'm actually starting to prefer version 2 which is where each channel is offset by half of its MA value.

Attached Image (click to enlarge)
Click to Enlarge Name: room1.png Size: 58 KB

Attached Image (click to enlarge)
Click to Enlarge Name: room2.png Size: 58 KB
  • #5,563
  • Edited 12:54pm Apr 22, 2021 12:32pm | Edited 12:54pm
Quoting acetrader
{quote} Dave, Thank your your for that MM indicator. I will take a look. I would like to pick your MM knowledge for a bit if I may.
Attached File(s)
File Type: pdf The Murrey Math Trading System.pdf   142 KB | 597 downloads
2. In my observation the indicator is continually updating as price is reaches new Highs & Low. Is my observation correct? I have been away from MM from a long time & do not remember how these indicators are working. The indicator I have appears to be doing the same recalculating as price moves along. Thank you for your time.
I have no idea if the indicator is "ccntinually" updating as Prices reaches new High ad Lows

The problem lays in the word "continually"


To read

I will add my grain of salt when you will have read and studied them

Have a good reading ALL !
Attached File(s)
File Type: docx AV UTILISATION OF THE FRACTAL OF PRICE.docx   1.9 MB | 355 downloads
File Type: docx Murrey Math Study Notes by Tim Kruzel.docx   85 KB | 359 downloads
File Type: docx MurreyMath Lessons.docx   301 KB | 461 downloads
  • #5,564
  • Apr 22, 2021 12:35pm Apr 22, 2021 12:35pm
Quoting parisboy
{quote} Geester you have 3 Solutions to build the Envelopes a) the Hurst one (1970) : each cycle should be offset by half of its Centered Moving average period b) after people used Personnal computers they tried to extrapolate or interpolate the "lag" - the part between the end of the Centered Moving Averages and the present day ( you choose the way you want to interpolate) c) Using an offset of - 16 for ALL Envelopes is a compromise between a) and b)
I took another look at GU/H4. I can see a clearer effect of the multiple offset. The first image below is -16 on each channel.

Attached Image (click to enlarge)
Click to Enlarge Name: room1.png Size: 70 KB

Now see the "1970" standard offsets below. You can see a much clearer curve that gives more information as to what price is doing.

Attached Image (click to enlarge)
Click to Enlarge Name: room2.png Size: 72 KB

I'll leave this alone now! I was quite intrigued to see what the purpose of the difference was and I think the second image really gives an idea of what the multiple offsets can give you in a visual sense.

Cheers.
  • #5,565
  • Apr 22, 2021 12:46pm Apr 22, 2021 12:46pm
Quoting parisboy
{quote} Dave I use 2 FLD . In this case the FLD 32 and 64 I use FLD 32 (or the shortest FLD of the two ) as a warning support and when FLD 32 breaks the FLD 64 (the longest of the two) I suspect a more significant change in trend {image}
Parisboy,

Your post on the FLD's 32 & 64 has peeked my interest on this aspect of Hurst. Most interest in anything you have shared & will share on this topic.
  • #5,566
  • Apr 22, 2021 12:51pm Apr 22, 2021 12:51pm
Quoting parisboy
{quote} To read I will add my grain of salt when you will have read and studied them {image} {file} {file}

Parisboy,

That sums it up for me. Will let you known when I have completed both. Thank you.
  • #5,567
  • Apr 22, 2021 1:03pm Apr 22, 2021 1:03pm
Quoting acetrader
{quote} Parisboy, That sums it up for me. Will let you known when I have completed both. Thank you.
First you had the Chapter in Murrey's book already published here

Then you had the Tim Kruzel notes which were a rational and logical summary in plain english of "Murrey's thoughts"

Notice that Tim Kruzel Notes are the core and the basis of ALL EA's related to Murrey for MT4

Then you had 2 documents one explaining Murrey's Philosophy of the Market.

Let's say more Murrey analysis oriented; the other one being more Trading oriented

The last one being a personnal application of how are calculated Murrey Maths Lines (MML) applied to a french corporation named SES

But there much more to explain : The Baseline and where to locate it
  • #5,568
  • Edited 10:57pm Apr 22, 2021 10:27pm | Edited 10:57pm
Parisboy/Dave/Ace/Geester....This is an interesting study from page 8 of the Murray Math pdf. Once a trading frame is established, draw the 7 upward and the 7 downward angles, dysecting the 8 levels established and squared 8 x 8. time and price. Note how price reacts as it attempts to break an upward, or downward line....and if it fails there is an instant "reward" when your on the right side of things..lol.

This is the 4 hour squared chart I have been trading from all week from 1.40000...the exercise caught some of the best turning points this week , including todays bottom......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: D324D6A1-5BB6-40AA-A583-87E7FC0C15D0.png Size: 295 KB
Click to Enlarge Name: GBPUSDiH4 MM TRADING FRAME 8X8 SQUARED.png Size: 70 KB
  • #5,569
  • Apr 22, 2021 11:17pm Apr 22, 2021 11:17pm
Okay guys, I am going to put this out there. Like I said I started with Gann which was the worst start for a new trader. Twenty years on, I am noticing things. Do you think Gann used Astro in his trading. Not the type of Astro that tells you who you should marry, but the type of Astro that reflect cycles in our solar system. Of course, this post will draw tremendous ridicule, but I am not sure anyone but about six of us really reads and follows up. So, there is the question.
If you are good at something, never do it for free--Joker
  • #5,570
  • Apr 22, 2021 11:54pm Apr 22, 2021 11:54pm
Quoting Swede
{quote} probably an old version....but the levels as same as yours.. ( included template) {file} {file} {file}
Hello Swede,thanks for this, i found an eclipse indicator on gu when i load the template but cannot find it on others pairs, kindly post the indicator , find it very good on gu and i want to test against other pairs. Thank you
  • #5,571
  • Edited 6:21am Apr 23, 2021 4:12am | Edited 6:21am
TESLA 2010-2022

Notice on this Long Term Daily Chart :

a) Tesla First Top exactly on 500 the (4/8) Support and Resistance Line , which is the Center of Gravity of the "Fractal of Price 0-1000

b) Tesla Second Top on 875 the (7/8) Support and Resistance Line , at the Intersection with the (1x1) Ascending Angle ( 1 Price Unit x 1 Time Unit)

c) Notice too the Pullback on the (1x2) Descending Angle ( 1 Price Unit x 2 Time Units)
Attached Image (click to enlarge)
Click to Enlarge Name: TESLA ANGLES 2010-2022.jpg Size: 139 KB
  • #5,572
  • Apr 23, 2021 8:27am Apr 23, 2021 8:27am
Understanding Murrey's Methodology through Facebook Price Action

Having read Murrey and comments on Murrey posted above you can infer :

Facebook IPO is 42

Immediately following the Open you can determine :

- Facebook fractal of Price is 0-100

- Facebook Octave is 100 / 8 = 12.5 and Harmonics

6.25 / 3.125 / 1.5625 / 0.78125 / 0.39065 etc ...
Attached Image (click to enlarge)
Click to Enlarge Name: FACEBOOK 1.jpg Size: 58 KB
  • #5,573
  • Apr 23, 2021 8:43am Apr 23, 2021 8:43am
Understanding Murrey's Methodology through Facebook Price Action

As the previous Facebook Chart does not give us a lot of informations for Trading, you build a more operative chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FACEBOOK 2.jpg Size: 132 KB
Click to Enlarge Name: FACEBOOK 3.jpg Size: 59 KB
Click to Enlarge Name: FACEBOOK 4.jpg Size: 136 KB
  • #5,574
  • Apr 23, 2021 8:48am Apr 23, 2021 8:48am
Understanding Murrey's Methodology through Facebook Price Action

Notice that this "operative chart is more exploitable on a Short Term Trading basis.

Time Range = 3 Months = 64 Trading Days (64 = 8 x 8)

Price Range = 37.5 - 12.5 = 25

Octave = 25 / 8 = 3.125 ( Second harmonic of 100 / 8 = 12.5)

Center of Gravity of the Chart = (4/8) = 25
Baseline = (0/8) = 12.5
Ultimate Resistance (8/8) = 37.5
Attached Image (click to enlarge)
Click to Enlarge Name: FACEBOOK 4.jpg Size: 136 KB
  • #5,575
  • Apr 23, 2021 8:54am Apr 23, 2021 8:54am
Understanding Murrey's Methodology through Facebook Price Action

On a 6 Months Chart (128 Trading Days) there is no change in the parameters because Price Action has not generated a naw Low or a New High

Time Range = 6 Months = 128 Trading Days (128 = 16 x 8)

Price Range = 37.5 - 12.5 = 25

Octave = 25 / 8 = 3.125 ( Second harmonic of 100 / 8 = 12.5)

Center of Gravity of the Chart = (4/8) = 25
Baseline = (0/8) = 12.5
Ultimate Resistance (8/8) = 37.5
Attached Image (click to enlarge)
Click to Enlarge Name: FACEBOOK 5.jpg Size: 202 KB
  • #5,576
  • Apr 23, 2021 8:59am Apr 23, 2021 8:59am
Understanding Murrey's Methodology through Facebook Price Action

On a 12 Months Chart (256 Trading Days) there is no change in the parameters because Price Action has not generated a naw Low or a New High

Time Range = 12 Months = 256 Trading Days (256 = 32 x 8)

Price Range = 37.5 - 12.5 = 25

Octave = 25 / 8 = 3.125 ( Second harmonic of 100 / 8 = 12.5)

Center of Gravity of the Chart = (4/8) = 25
Baseline = (0/8) = 12.5
Ultimate Resistance (8/8) = 37.5
Attached Image (click to enlarge)
Click to Enlarge Name: FACEBOOK 6.jpg Size: 149 KB
  • #5,577
  • Apr 23, 2021 9:07am Apr 23, 2021 9:07am
Understanding Murrey's Methodology through Facebook Price Action

On a 2 Years Chart (512 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a or a New High

Time Range = 24 Months = 512 Trading Days (256 = 64 x 8)

Price Range = 0 - 100

Octave = 100 / 8 =12.5

Center of Gravity of the Chart = (4/8) = 50
Baseline = (0/8) = 0
Ultimate Resistance (8/8) = 100
Attached Image (click to enlarge)
Click to Enlarge Name: 84464709aee27153f61c20202f7e03e9.png Size: 121 KB
  • #5,578
  • Apr 23, 2021 9:18am Apr 23, 2021 9:18am
Understanding Murrey's Methodology through Facebook Price Action

You have another possibility

On a 2 Years Chart (512 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a or a New High

Time Range = 24 Months = 512 Trading Days (256 = 64 x 8)

Price Range = 12.5 - 87.5 = 75

Octave = 75 / 8 =9.375

Center of Gravity of the Chart = (4/8) = 50

to be followed soon
Baseline = (0/8) =12.5
Ultimate Resistance (8/8) = 87.5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 14602968124fc0c76702dfccb1b57b65.png Size: 120 KB
Click to Enlarge Name: 3acd3c4527ae0e076fb78aab77d7d36a.png Size: 125 KB
  • #5,579
  • Apr 23, 2021 9:39am Apr 23, 2021 9:39am
Quoting makenas
{quote} Hello Swede,thanks for this, i found an eclipse indicator on gu when i load the template but cannot find it on others pairs, kindly post the indicator , find it very good on gu and i want to test against other pairs. Thank you
Not following...the only eclipse indicator I know off is the one on your mt4 as standard, under the "insert" tab....shapes/eclipse can you post what you see? would be happy to help.
  • #5,580
  • Apr 23, 2021 10:17am Apr 23, 2021 10:17am
Euro ripe for harvesting some low lying fruit....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDiM5.png Size: 95 KB
1 trader viewing now