Analysis and Trading based on Envelopes, Waves, Cycles

And Cable back to Center of Gravity....going to be interesting to see if there is any strength north...on close watch.

Understanding Murrey's Methodology through Facebook Price Action

On a 4 Years Chart (1024 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a or a New High over 87,5 or 100

Time Range = 48 Months = 1024 Trading Days (1024 = 128 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

Understanding Murrey's Methodology through Facebook Price Action

On a 4 Years Chart (1024 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a New High over 87.5 or 100.

Hence you have 2 Options :

First option :

Time Range = 48 Months = 1024 Trading Days (1024 = 128 x 8)

Price Range = 0 - 125

Octave = 125 / 8 =15,625

Center of Gravity of the Chart = (4/8) = 62,5

Baseline = (0/8) = 0
Ultimate Resistance (8/8) = 125

Understanding Murrey's Methodology through Facebook Price Action

On a 4 Years Chart (1024 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a New High over 87.5 or 100.

Hence you have 2 Options :

Second Option option :

Time Range = 48 Months = 1024 Trading Days (1024 = 128 x 8)

Price Range =12,5 - 137,5 = 125

Octave = 125 / 8 =15,625

Center of Gravity of the Chart = (4/8) =75

Baseline = (0/8) = 12,5
Ultimate Resistance (8/8) = 137,5

Understanding Murrey's Methodology through Facebook Price Action

On a 8 Years Chart (2048 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a New High over 87.5 or 100.

Time Range = 8 Years= 2048 Trading Days (2048 = 256 x 8)

Price Range = 0 - 250

Notice 250 = 2 x 125

Octave = 250 / 8 =31,25

Center of Gravity of the Chart = (4/8) =125

Baseline = (0/8) = 0
Ultimate Resistance (8/8) = 250

Understanding Murrey's Methodology through Facebook Price Action

On a 12 Years Chart (3072 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a New High over 250

Time Range = 12 Years= 3072 Trading Days (3072 = 384 x 8)

Price Range = 0 - 375

Notice 375 = 3 x 125

Octave = 375 / 8 =46,875

Center of Gravity of the Chart = (4/8) =187,5

Baseline = (0/8) = 0
Ultimate Resistance (8/8) = 375

Understanding Murrey's Methodology through Facebook Price Action

On a 12 Years Chart (3072 Trading Days) you have to change your Fractal of Price and your parameters because Price Action has generated a New High over 250

Time Range = 12 Years= 3072 Trading Days (3072 = 384 x 8)

Another Option is :

Price Range = 0 - 500

Notice 500 = 4 x 125

Octave = 500 / 8 = 62,5

Center of Gravity of the Chart = (4/8) =250

Baseline = (0/8) = 0
Ultimate Resistance (8/8) = 500

FACEBOOK 2012-2020

Look at the Angles

FACEBOOK 2012-2024

Look at the Angles

FACEBOOK 2012-2024

Right now on a Long Term Basis FACEBOOK fluctuates within the "Fractal of Price" (0-1.000)

FACEBOOK 2012-2020

Fractal Growth

FACEBOOK 2012-2028

Fractal Growth

Paris, what software are you using to generate those Murrey charts? I am especially interested in the circles of conflict.

EXCEL !

with Yahoo Data

Alain
Well thanks for a great day, you certainly have put the World of MurreyMaths front and center now
It will be interesting for me, to see if anyone becomes a Murrey (Mint) after all the detail information you have posted
I have sat back watching in awe, obviously I cannot add or indeed show anything that's as valuable to the thread as you, now going to sink into the background and just hope that guys take up the challenge and try posting a few charts
So as I always say and mean
Thanks for everything
Dave

p.s
Swede
Same goes to you, really enjoy your posts, glad you have cracked the Envelopes at long last, find your skill with all things MT4 amazing
But now it seems we have to go back to school to brush up our skills with Excel
Looks like it just might be worth it

I will always follow the thread but just have nothing to offer now

Good Luck guys
Thanks
Dave

My greatest problem is the math.....I tried to follow the calculations in the MM PDF....got lost and had to go back to my charts and my own way of doing the math...( I don’t expect NASA will ever need me) Anyway, it seems I master one small element only to be overwhelmed by the next so instead of going blind or crazy, I will just practice at my level and master what I know at this point.

Envelopes set properly pinpoint entries just how I like. Squaring the swings give absolutely outstanding alerts for areas to hone in on. But, I am not an investor in forex so the moon and the stars and the planets and all the cosmic stuff is just that...stuff, supposition, maybes, theories. I’m not looking at 40 year cycles nor am I going to spend 2 minutes trying to analyse , hell, I don’t have enough time left in my life to do that.

Anyway, enjoy all your posts and I agree Alain rocks when I comes to in depth knowledge of these methods and concepts.
(will everyone hate me if I think Gann was smoking something he ought not haaaa)

BTW....another very efficient way to square a major swing is to calculate the square root to find strong levels of support or resistance. Once those levels are on your chart, then use the cycle tool to make the grid and square the grid using a 45 degree angle as shown previously. So, to contribute below is an Excell calculator that works splendidly is you ever want to experiment with this method strongly used by Michael Jenkins..

Well, that means I have definitely got to get my charting game up!

Alain, thank you again for the thread.

I have come to realize just how much work Gann put into his forecasts.

1. He had to keep up all of those infernal squares.
2. He had to determine where on the WITS price and time were.
3. Finally had to deduce the fixed and cardinal aspects of price and time on all the various squares he kept, and then establish confluence.

THAT, is a lot of flippin work!

No TI30, no excel, no charting software. Gotta give the man his credit.

jmn5611 you are welcome

I progressively gave a lot of thoughts about Gann (and other "Technical Analysts" "luminaries" as it is written somewhere) work, methodologies etc.

I have read more or less completely many threads here and on other forums;

I will summarize what I think

on Technical Analysis . I began to draw charts in 1972 manually because there just was no other options at the time. . Incidentally Hurst has done the same at the same time. His first book Profit Magic was published in 1970

The key point is that when you draw charts by hand you HAVE to think about the result and its efficiency BEFORE. Because it is very time consuming and as time is limited you can not multiply experimentation. You have to FOCUS.

Conversely now gus jump from one indicator to another without really understanding the pros and cons of the tool they use and why.

There is no efficiency test for indicators it is a sure sign.

My 2 cents on Gann as a "genius"

I discovered Gann in 1998 when I returned on the market. That is now 23 years ago.

I was attracted by the Angles then by the Horizontal Lines much more known under the denomination of "Murrey Maths"

Since then I have read almost all what is published on the net about Gann. Books , articles, comments. I have looked at almost all threads with Gann in their title or related to Gann. Roughly it amounts to 9 Gigabytes on my hard disk.

I have many books about Gann and all books written by Gann

Practicing Gann tools and reading about Gann since 20 years I progressively built my view on Gann

Gann was a very normal trader like you, Swede, Dave, me and many others ! (Well, in fact we are not so "normal" )

Gann made researches like us.

Gann tested numerous tools indicators, methodologies , hypothesis like us.

Gann as many others opened the way to the Technical Analysis we know.

Gann made money enough to survive 50 years on the market.

Gann loosed money like we have.

Gann was a trader AND a professional selling advices, newsletters and courses and promoted his tools and researches.

This mixed behaviour has consequences :

- as a professional dealing with other professionnals you can not write that Theory X promoted by Professional Asshole Y is just crap or very close

- having customers who buy your courses , newsletters and advices with real dollars youneed to pay your bills, you have to take into account what your customers like and want

you can not say to Customer Asshole A who like Theory X promoted by Professional Asshole Y that he is an asshole as well as Professional Y and that Theory X is crap ..... if you need to cash in his dollars.

you play it neutral "it is good that there are different ways to analyze the market, " different guys, different ways" " Theory X underlines some interesting points but raises some questions"

R.N. Elliot is born in 1871 and died in 1948
W.D. Gann is born in 1878 and died in 1955

Hence it is very realistic to imagine that working both on the markets at the same period both Elliott and Gann have examined their respective work . De facto they have respected a modus vivendi : no commentary on each other, no duplication of tools or concepts.

Gann just used the concept of "Campaign" mimicking more or less the concept of "wave" - but it was marginal in his work. An ad-hoc concept IMHO developed to make quiet his customers interested by Elliott.

The key point is that Gann at the end of his life has never made a recension, a selection of his tools and methodologies.

" After 50 years on the market here is what I W.D.Gann use because I found it works the best"

Hence after his death his "spiritual heirs" could develop all the tools Gann has tested including those he disregarded or no more used.
It was good for the "Gann industry"

By the way I hold for grotesque and ludicrous the "coded" and "veiled" language and the idea that Gann has developed and promoted public and efficient trading tools and methodologies to hide more efficient tools and methodologies from the public

Parisboy & Dave

Over the last several days I have been reading over the pdf's relating to MM & all the others you have posted relating to trading. For what its worth the following are my views, but I am certainly not an expert in these matters, or nowhere near as proficient as you guys.

I want to start off with the Envelopes. Out of everything being discussed on this thread for me the Envelopes & FLD's are the most interesting & I am using these & trying to understand each one. I think it was Swede that said something about once you have them correctly loaded on the chart with proper settings they are pretty spot on. I agree. I'm currently using an Envelopes indicator posted by one of the kind coder/traders that post on this thread as I quickly found his coding skills looked much better than what I put together. The FLD's & the Displaced MA's I put those together. The Envelopes, FLD's & Displaced Moving Averages are from Hurst from all of my reading & research. Thank you Parisboy for providing most of my reading sources on these topics. It is amazing the amount of research you have accumulated relating to these topics. In my view from my research & viewing on the charts Envelopes, VTL's, FLD's & Displaced MA's are spot on, but I know I still have a long journey ahead learning more about these methods/concepts. Its a day by day process. Its appears to me Hurst was a genius.

MurreyMath is number 2 in the lineup of interest for me. Two things concern me about MM. 1. What happened to Murrey & his discovery? Over the last several years no more publicity. 2. How do we know if the MT4 & MT5 MM indicators that are readily avail are correct in how that are calculating the levels on our charts. Are they following Murrey's rules I read in the pdf's Parisboy has shared? Dave the one you shared with me when loaded on one of my charts is almost identical to the levels of a Pivot Point indicator is displaying I have loaded. The Pivot Point is correctly displaying the PP when you manually calculate what the PP should be. So, that MM indicator may just be correct with its calculations. But, I'm not sure. How can we be sure? May reading the indicator code?? I'm no coder so would probably not understand the code. I want call T.H. Murrey a genius, but he was own to something it does appear. Again where is T.H. now? I will continue to study MM more & observe the indicator Dave shared & how price respects the levels. Thank you Dave.

Now for Gann. For me my interest in Gann lies in the Square of Nine, which appears to be a cool way to design a Square Root calculator of sorts. I understand this concept & price does reacts to these levels. It appears currencies & other financial instruments each may have their own reaction around the different levels of the square root calculations. Each market has its own vibrations rates & Gann spoke about these vibration levels. As for Gann & his astrology trading I'm not sure what he was doing in this area. Trader Michaels Jenkins has said Gann did use astrology in his trading & Jenkins said he himself uses astrology in his trading. I have not researched this aspect of Gann. Michael Jenkins goes on to say the he only knows 13 people that truly know what Gann was really doing in his trading & these people are using that knowledge to trade the markets. If that is true & I have NO reason to doubt that it is, that is very compelling to me. Not sure if Gann was a genius, but he had some very different ideas & ways of trading unlike any I've seen over my years in the markets.

These are my humble views & nothing more. I'm going to stick with my way of trading that has & is serving me well, but the Envelopes & the other Hurst components are going to be my secondary methods. MM will be in the background once I'm sure the Mt 4 indicator is working as the Murrey rules describe.

Dave I do admire you skills with trading MM & your sharing of your knowledge. Thank you my friend.

Parisboy I do admire your seemingly unlimited knowledge about Hurst, Envelopes & all topics related on your thread. Thank you for the treasure trove of pdf's & your personal knowledge your continue to share with those willing to learn. Thank you my friend.

In the future I will try to post some charts & stay focused on the core of what this thread is all about.