Time and Price Forecasting | Page 178 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Gann angles forecasting Method and SHIBA INU 0 replies

All the Forecasting and Prediction indicators on the market? 18 replies

Economic Indicator Forecasting by Banks: Why and how 4 replies

Anticipation vs. Forecasting 0 replies

Neral Networks to perform technical forecasting 0 replies

Attachments: Time and Price Forecasting
Exit Attachments

Time and Price Forecasting

  • #3,541
  • Jul 12, 2021 10:38am Jul 12, 2021 10:38am
Quoting kapital
{quote} The square root of what?
294
remove 17 the balance is 1465
  • #3,542
  • Jul 12, 2021 11:44am Jul 12, 2021 11:44am
Quoting DiamondMiner
{quote} Hibra68, Here is what is published in about 1934 from the Pickell-Daniel Extension Course of Grain Market Analysis. B point in the center of the circle. In answering your question, draw a center line to the angle, flip 180 degrees then add you D leg to the circle.{image}{image} Upon adding another tool the Becks Emblem as a filter to the trade.{image} {image}
Will becks emblem only work in a Gartley pattern 786, or can we tweak it to a Bat pattern also, please clarify
  • #3,543
  • Jul 12, 2021 11:47am Jul 12, 2021 11:47am
Attached Image (click to enlarge)
Click to Enlarge Name: H Bank.PNG Size: 68 KB

Quoting Swede
{quote} The DNA grid (impulse wave) is the most important start, and will always be drawn from swing high to swing low, all other measurements will then be in place going forward.....I would have only taken the long at the 1x1 as shown...maybe just a number stop of 10 pips... ps...some discretion needed during the measurement of the initial impulse wave.... for example the spike down where you took your measurement from was just a reaction to a minor news report...the true bottom of the swing came a few hours later.... {image}
Hi Swede, Never thought this would work.... was going through your post and it helped, thanks
  • #3,544
  • Jul 12, 2021 12:15pm Jul 12, 2021 12:15pm
Quoting anonymous11
{quote} 294 remove 17 the balance is 1465
Please check if it works on other charts, i tired but couldnt get it.
  • #3,545
  • Jul 12, 2021 12:18pm Jul 12, 2021 12:18pm
Take time out of the Equation as Diamond Miner as done
Buy Low never Sell and just keep adding on any pull backs
Looks good to me
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDailye.png Size: 83 KB
  • #3,546
  • Jul 12, 2021 12:27pm Jul 12, 2021 12:27pm
Quoting kapital
{quote} It's still unclear to me how you find a proper scale to use. If you don't mind, please explain this critical step.
Hi Kapital,

This is the beauty of JeanLouie's circle maker. I no longer need to scale the chart like I wasted time doing for many years. I am using MT4's auto scale.
I am only selecting the 'compression' rate of the candles, and there are a finite number of choices per MT4. You will find that 1 of these works best for
most pairs most of the time if you understand circles and their use which is to say, which circle type works most of the time for a given scenario. A thorough
understanding of Jenkins Chart Reading book --meaning many hours of practice on your charts to make it your own-- is definitely required. I have 25 years
in at this point. JeanLouie's circle maker is the tool I wish I had many years ago.
  • #3,547
  • Jul 12, 2021 12:42pm Jul 12, 2021 12:42pm
Quoting anonymous11
{quote} 294 remove 17 the balance is 1465
Nice work Anonymous, let's try this technique on other examples and see if we can get it working. A truly universal technique will work across pairs and
timeframes. I'm not sure why he chose to round down but a bit of work with the technique will prove it works....... or not. Never forget the well chosen
example.
  • #3,548
  • Jul 12, 2021 2:11pm Jul 12, 2021 2:11pm
Keeping it simple in GbpChf. Chart is current.
Attached Image (click to enlarge)
Click to Enlarge Name: c8b45da10c9f05804d53bece953e8dd4.png Size: 42 KB
  • #3,549
  • Jul 12, 2021 2:16pm Jul 12, 2021 2:16pm
Quoting anonymous11
{image} {quote} Hi Swede, Never thought this would work.... was going through your post and it helped, thanks
I quote "the grid and the associated diagonals are one of my favorite ways to analyze the market, all the DNA for future price are in the initial impulse wave" Jenkins 7 hour video.

I use it on all my charts now and I agree, and no scaling issues to deal with is a huge bonus.
  • #3,550
  • Edited 2:51pm Jul 12, 2021 2:32pm | Edited 2:51pm
Quoting anonymous11
{quote} Will becks emblem only work in a Gartley pattern 786, or can we tweak it to a Bat pattern also, please clarify
we haven't seen DM for some time, but the answer your question, I have listened to Becks video courses and the Gartley is the basis for the Emblem.........first the pattern must be there before placing the emblem, then the use of quadrilaterals to find the scale...
Attached Image
  • #3,551
  • Edited 3:16pm Jul 12, 2021 2:59pm | Edited 3:16pm
Pick your Zone to do Battle in
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYMonthlya.png Size: 77 KB
Click to Enlarge Name: GBPCHFMonthlya.png Size: 58 KB
Click to Enlarge Name: NZDUSDMonthlya.png Size: 86 KB
Click to Enlarge Name: USDCADMonthlya.png Size: 74 KB
  • #3,552
  • Jul 12, 2021 3:58pm Jul 12, 2021 3:58pm
hmmmmm?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADiDaily with circle.png Size: 61 KB
  • #3,553
  • Jul 12, 2021 4:19pm Jul 12, 2021 4:19pm
Quoting Swede
hmmmmm? {image}
Yep, the circle maker 1.1 has a lot to offer. I think you will find it a nice addition to your toolkit Swede.
I really must thank Rubernet for requesting the circle script be made into an indicator. And of course
huge thanks to JeanLouie for the work done, making an even better tool by turning the circle script into
an indicator that is more accurate and offers many more applications when one is willing to work with it.
  • #3,554
  • Jul 12, 2021 4:30pm Jul 12, 2021 4:30pm
Quoting Swede
hmmmmm? {image}
Swede
Not trying to offend anyone
Just doing a bit of
Go Compare
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDailyb.png Size: 80 KB
  • #3,555
  • Jul 12, 2021 5:20pm Jul 12, 2021 5:20pm
Quoting Jedburgh
{quote} Yep, the circle maker 1.1 has a lot to offer. I think you will find it a nice addition to your toolkit Swede. I really must thank Rubernet for requesting the circle script be made into an indicator. And of course huge thanks to JeanLouie for the work done, making an even better tool by turning the circle script into an indicator that is more accurate and offers many more applications when one is willing to work with it.
I sent him an email today to see if the square could be incorporated...the extensions would be so easy to draw if that was possible...but even as it is they can work well....thank you for alerting us to your method using them...hope you will share your journey in the time and price forum....we have some really fine contributors who are seasoned traders, who understand the principals of Gann but all have different ways to skin this cat..lol....all of us seek to understand more...
Attached Image (click to enlarge)
Click to Enlarge Name: ac.png Size: 47 KB
  • #3,556
  • Jul 12, 2021 5:21pm Jul 12, 2021 5:21pm
Quoting OAPDave
{quote} Swede Not trying to offend anyone Just doing a bit of Go Compare {image}
Dave...you would be the last person who could offend...lol
  • #3,557
  • Jul 12, 2021 6:35pm Jul 12, 2021 6:35pm
Quoting Swede
{quote} ....thank you for alerting us to your method using them...hope you will share your journey in the time and price forum....we have some really fine contributors who are seasoned traders, who understand the principals of Gann but all have different ways to skin this cat..lol....all of us seek to understand more... {image}
Always learning. Saw a great message on a vehicle while out running errands today. It said, "Don't wish that things were easier, wish that you were better."
Threads like this one make it possible for interested parties to leverage other people's journey, their trial and error, their sleepless nights of toil at the charts.
I know you and Diamond Miner and a few others on this thread understand what I am talking about. Rubernet was not satisfied with the circle script tool so
asked JeanLouie to make a better one. And JeanLouie delivered, what a great coder. Now we can take that tool and run with it. An improvement here, a
modification there and before you know it we have raised the standard. You did this with the grid tool so again thanks go to you Swede and to JeanLouie.
Now we can take the circle idea a few steps further down the path.

Cheers
  • #3,558
  • Jul 13, 2021 3:07am Jul 13, 2021 3:07am
Quoting anonymous11
{quote} 294 remove 17 the balance is 1465
Ahhhh....I see....thanks...I will need to test this.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,559
  • Jul 13, 2021 3:17am Jul 13, 2021 3:17am
Quoting Jedburgh
{quote} Hi Kapital, This is the beauty of JeanLouie's circle maker. I no longer need to scale the chart like I wasted time doing for many years. I am using MT4's auto scale. I am only selecting the 'compression' rate of the candles, and there are a finite number of choices per MT4. You will find that 1 of these works best for most pairs most of the time if you understand circles and their use which is to say, which circle type works most of the time for a given scenario. A thorough understanding of Jenkins Chart Reading book --meaning many hours...
Thanks.

Btw...how are the diagonals drawn on your circles?
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,560
  • Jul 13, 2021 3:21am Jul 13, 2021 3:21am
Quoting Swede
{quote} we haven't seen DM for some time, but the answer your question, I have listened to Becks video courses and the Gartley is the basis for the Emblem.........first the pattern must be there before placing the emblem, then the use of quadrilaterals to find the scale... {image}
Isn't the 2nd triangle the one with the 52 degree offset?
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
9 traders viewing now