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Time and Price Forecasting

  • #3,601
  • Aug 4, 2021 10:02am Aug 4, 2021 10:02am
They are called "tie fighters".
Attached Image
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,602
  • Aug 4, 2021 10:23am Aug 4, 2021 10:23am
Quoting kapital
They are called "tie fighters".
Yes! Thanks for the image.
  • #3,603
  • Edited 1:59pm Aug 4, 2021 10:47am | Edited 1:59pm
Quoting kapital
I've discovered various ways to set the scale. Here is one I favor the most: https://www.forexfactory.com/thread/...6#post13461896
Hey kapital,

Thank you for sharing this technique with us. I think I am going to have to spend more time at tradingview now
  • #3,604
  • Edited 2:51am Aug 6, 2021 1:06am | Edited 2:51am
I am from New Zealand and I live in Japan now. NZD JPY 1 hr some food for thought
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  • #3,605
  • Aug 6, 2021 2:48am Aug 6, 2021 2:48am
GPB USD 1hr . a few more days away
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  • #3,606
  • Edited 7:52am Aug 15, 2021 6:37am | Edited 7:52am
EURUSD D1 Originals Gann Chart
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  • #3,607
  • Edited 7:52am Aug 15, 2021 6:51am | Edited 7:52am
EURUSD H1 Originals Gann Chart
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  • #3,608
  • Edited 7:51am Aug 15, 2021 7:06am | Edited 7:51am
ETHUSD D1 Originals Gann Chart
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  • #3,609
  • Edited 7:51am Aug 15, 2021 7:24am | Edited 7:51am
USDRUB D1 Originals Gann Chart
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  • #3,610
  • Aug 18, 2021 12:05pm Aug 18, 2021 12:05pm
Quoting ianlikesgolf
I am from New Zealand and I live in Japan now. NZD JPY 1 hr some food for thought {image}
Good post Ian....regarding the circle, I see your using the basic circle from the Becks concept, drawing from the high to low from the left hand side of the circle....then looking at the angles from the anchor points.

I have found drawing the circle from high to low from the center of the circle and then drawing out the angle from there using the circle anchor points give a pinpoint entry method, and an exit level at the same time..

This is your same chart using this method that pinpointed a 253 pip trade...just a thought, not a criticism...
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYiH1 color.png Size: 54 KB
  • #3,611
  • Aug 18, 2021 5:47pm Aug 18, 2021 5:47pm
I'm always amazed at the complexity and at the same time the simplicity of Gann methods as presented by many professional traders who write about the topic. One thing I have come to realize is the methods can be simplified so the average trader can make precise calculations without having a degree in advanced calculus, nor does he/she need complicated charting programs or expensive software that post colorful symbols to alert the trader. Gann was really not a good teacher, while he showed what he did, he did not reveal the why, so often the reader is left with many unanswered
questions.

One of Gann's favorite starting methods involved the division of prominent swings by 8. Others divide and extend the swings using square root methods, Fibonacci calculations and retrace methods, others use Gann fans and so on. But all of the methods come down to the "Squaring of the Range" If you look at the previous chart (post3610) that is exactly what is being done by the circle and the squares, drawing diagonals from the anchor points to future price action. Squares are four sided, the circle has four anchor points, the high, the low, the half measures of those points. once connected diagonals can be extended from the initial circle.

Now, taking it one step further, once the high and low are determined, also place your division of 4 (by reconfiguring your fib tool) to find significant levels of support or resistance.

This method is so simple, and so effective, I challenge all of you who are interested in these methods to try them, and post them. The circle indicator is posted in the paper clip above, so are the Grid with diagonals. Its easy, its fun, its accurate, try it and see!
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  • #3,612
  • Aug 18, 2021 6:01pm Aug 18, 2021 6:01pm
And it works on all time frames, here is the 1 min chart for all the scalpers out there, same currency cross
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  • #3,613
  • Edited 10:24am Aug 19, 2021 2:30am | Edited 10:24am
[quote=Swede;13672883]{quote} Good post Ian....regarding the circle, I see your using the basic circle from the Becks concept

Hello Swede

Thank you very much for replying.
I appreciate very much your comment and chart example.
It has helped my learning greatly.
I really like the beck teaching with the impulse wave angle + 90 degree angle + 52 degree angle.
I was having fun learning about the circle. Now your post has enlightened my thinking.
Thank you.
I tried for an hour or more this is the best I can draw so far. Maybe I must be doing something wrong.
I drew my main impulse angle down.
then I drew the angle line going through half the angle.
then drew my circle in the centre with the high and low.
then I put my square on.
then the last two angle lines projecting price.
I did not get the lines all exactly perfect yet.

the m5 just now close level where NZD JPY stopped going up . maybe it is correct. it caught the recent retrace within 2 pips. I rechecked the angles
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  • #3,614
  • Aug 19, 2021 11:12am Aug 19, 2021 11:12am
Quoting ianlikesgolf
Quoting Swede
{quote} Good post Ian....regarding the circle, I see your using the basic circle from the Becks concept Hello Swede Thank you very much for replying. I appreciate very much your comment and chart example. It has helped my learning greatly. I really like the beck teaching with the impulse wave angle + 90 degree angle + 52 degree angle. I was having fun learning about the circle. Now your post has enlightened my thinking. Thank you. I tried for an hour or more this is the best I can draw so far. Maybe I must be doing something
...
Not sure what happened there...I notice my scale has changed overnight as the bottom broke south and as I redraw the circle and angles n?w they are the same as yours. Are you using the indicator that I have included below? If so, there are only two adjustment points on the circle when you first place one on your charts
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYiH1 adjustment polints.png Size: 45 KB
Attached File(s)
File Type: ex4 Circle_Maker(1).ex4   23 KB | 297 downloads
  • #3,615
  • Aug 19, 2021 12:17pm Aug 19, 2021 12:17pm
Hey everyone.
I'm new to this thread. Have been reading the content and been very curious about the geometry displayed here.
I'm starting to educate myself on these new methods.
Just wanted to say hi to everyone and thank you for keeping the thread alive and educating us. Especially Swede these days.
It's truly a magnificent job. Personally very grateful for it.

Just as a start, wanted to post this pic and ask for pointers.
EDIT: I drew a trendline by angle from the main latest swing and deducted 45 degrees from it every way and got my square. Finally drew a circle to match the points.
Is this a correct way?
(I'm on MT5 so I didn't have any indicators)

Attached Image (click to enlarge)
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How did I do?

Of course suggestions, advice, criticism is most welcome.

Thanks!
When there's a will, there's a way.
  • #3,616
  • Aug 19, 2021 12:40pm Aug 19, 2021 12:40pm
Quoting MoeinYzz
Hey everyone. I'm new to this thread. Have been reading the content and been very curious about the geometry displayed here. I'm starting to educate myself on these new methods. Just wanted to say hi to everyone and thank you for keeping the thread alive and educating us. Especially Swede these days. It's truly a magnificent job. Personally very grateful for it. Just as a start, wanted to post this pic and ask for pointers. EDIT: I drew a trendline by angle from the main latest swing and deducted 45 degrees from it every way and got my square. Finally...
I looks good....you might want to have an mt4 demo account to use the circle indicator as its designed for mt4....why it is superior is the little anchor points that are show on the circle makes it so easy to draw in the angles...here is my comparison 4 hour Cad chart....getting close to an area to keep and eye on...thanks for your post.
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  • #3,617
  • Aug 19, 2021 1:07pm Aug 19, 2021 1:07pm
One thing I would like to point out is the need for analyses once you have found a swing (impulse) you want to measure. Just because we have drawn a nice circle, and some of the angles drawn look relatively accurate, that does not mean your analyses is complete..

Once your finished drawing, have a really good look at the chart....what angles have price paid attention too, which ones did price plow through, do we have confidence to pull the trigger??? etc???

Look at the Cad chart below and the blue highlights...can you see why the long was (last arrow up to right) worth taking....? this angle held price or reacted for at least 4 weeks

When you do this your confidence level will rise when these areas are challenged. Then price action will tell you the way, or confluence like a bounce off a big round number will give you the courage to pull the trigger and the courage to hold on for nice rewards...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADiH4 the analyse for accuracy.png Size: 50 KB
  • #3,618
  • Aug 19, 2021 1:16pm Aug 19, 2021 1:16pm
Quoting Swede
One thing I would like to point out is the need for analyses once you have found a swing (impulse) you want to measure. Just because we have drawn a nice circle, and some of the angles drawn look relatively accurate, that does not mean your analyses is complete.. Once your finished drawing, have a really good look at the chart....what angles have price paid attention too, which ones did price plow through, do we have confidence to pull the trigger??? etc??? Look at the Cad chart below and the blue highlights...can you see why the long was (last...
Gotta say Swede, you're opening my eyes to things that I was for quite a long time oblivious to or not paid attention enough to.
Means a lot. Definitely encourages me to try more and more. Thank you!
When there's a will, there's a way.
  • #3,619
  • Aug 20, 2021 12:03am Aug 20, 2021 12:03am
Hey everyone. Hi Swede.

I spent some time working on GBPAUD, a pair I'm kinda obsessed with.

Attached Image (click to enlarge)
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First off, are the drawings good?

I noticed we have broken the median (correct term?) trendline from the square and have possibly broke it to the upside.
Would you say this could be a buy opportunity and the chocolate bar there could be a profit target?


Personally, I haven't been a good trend trader for some time lately. I've been mostly trading reversals. That's a weakness on my part. Because many times market can be trending and there could be ample opportunity to start a trade and leave it to reach its long term profit target.

I feel like this system could be great for both these kinds of trades for me. Both reversals and trend trades.
When there's a will, there's a way.
  • #3,620
  • Aug 20, 2021 11:03am Aug 20, 2021 11:03am
Quoting MoeinYzz
Hey everyone. Hi Swede. I spent some time working on GBPAUD, a pair I'm kinda obsessed with. {image} First off, are the drawings good? I noticed we have broken the median (correct term?) trendline from the square and have possibly broke it to the upside. Would you say this could be a buy opportunity and the chocolate bar there could be a profit target? Personally, I haven't been a good trend trader for some time lately. I've been mostly trading reversals. That's a weakness on my part. Because many times market can be trending and there could be...
Your drawing is fine....provided your scale remains locked.....and this is the problem with doing circle analyses with mt4......Once you have done your drawing to your satisfaction Lock the Scale....because what happens overnight with there has been a big move the MT4 charts scale automatically to your screen...and so what seemed good drawing today, can be out a mile tomorrow.

Now a good way to alleviate that irritating function with mt4 is to use the Jenkins method to square the range...just, or even more effective is the grid with diagonals that automatically adjusts even if the scale changes.....and the 1 x 1 is a very strong level as illustrated below...you will note I have measured the same swing or impulse wave as your circle (the initial impulse)...and this will remain in place going forward...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDiDailygrid.png Size: 38 KB
Attached File(s)
File Type: ex4 Grid_Box_wDiagonals.ex4   45 KB | 417 downloads
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