Analysis and Trading based on Envelopes, Waves, Cycles

GBPUSD 1 mn

Hey Cycle peeps ; )

Sharing a trade I took based on envelopes EURUSD 15min:


Since the 32 envelopes were trending up, I extended them with those trendlines and waited until a touch was evident and I got in with the trend.
Now to me it seems the main target has been achieved. The center of 256 envelope. Now we can get out completely or take partial profit and let it run.

(critics and advice of course welcome)

I feel like I need to master the envelopes first of all and then move on to CMAs and FLDs. One can even make good money trading the envelopes alone.

1min charts are too difficult for me and certainly not to my personality. So I'll be sticking to 5min and 15mins. And since I need to learn the tools, I'm going to stick to just two instruments. Or even decide to move to just one.

For now EURUSD and US30. Time for me to learn a bit about indices ; )

Will post workstation soon to hear feedback!

Hi to all, US30 1 min short trade opened....

Closed

Thanks Dave! Much appreciated ; )
I've learned this business will destroy the lazy, the hasty, and the weak. You gotta put in the work. Focus and engage when the time is right with all your might.
Trying to get there step by step. Spent too much with the peaks and troughs of my trading account : )))

Took this US30 long and closed with the reach of ADR high.


Reason: Touch of lower envelope 32 on 15min, went to 5min and looked at Price Action and Heiken candles.

GBPUSD 1 mn

Followup on EURUSD in NY open:



(By all means, tell me if I got anything wrong or if something needs fine-tuning)

I know it looks like I'm just playing with paint now lol, but could we look for a scenario like this?!


Price fluctuating around the 128 CMA. Extending the 256 CMA to find a possible resistance. Building a temporary channel using the 128 CMA (orange).

EDIT: New pic:


Focal point of the recent down move. Using Fib 50% to validate the middle point.

GBPUSD 1 mn

GBPUSD 1 mn

Opened Short Position

Maybe I'm just fishing here, but could we expect something like this for EURUSD?


Let's see if it comes true in the coming days/weeks, no? : ))

moeinYzz, what mt4 drawing tool are you using for the extensions?

Swede, I just copy the trendlines and put them really close to each other to simulate the bold format Parisboy uses on Tradingview : ))
It's refreshing to look at.

Thought so, I use the fib channel tool for mine but would like to have a little better view...

Wow a whole new tool I didn't know about..
Pity only the normal trendline can be bolded in MT4. Really like to see the dotted and other formats bolded. Us chartists need to refresh our stuff once in a while. Can get boring and unexciting sometimes.

I'm only just starting out with the extensions and for now just gonna see if my "predictions" can come true lol.

Reading through the thread these days and Hurst book on the side. Nice stuff.

Gotta say, Parisboy's consistent screenshots throughout the thread are really helping me out. You can never have enough examples.

EURUSD Uptrend VTL break:



Looking for a pullback and an entry short.

32 Envelope orienting down:

Hi moeinyzz,
Ive attached a 7 min eur chart. I have your VTL on it and a second tline based on the 2nd higher low. ( I've been using that 2nd tline as it fits in better as a channel... for me )

I keep a close eye on the important swing lows/highs. ( As a t/line is broken , the swings can be like magnet... if its not far from the tline break.) . Together with that 2nd tline , I would watch that as an area of important, potential, support.
I draw channels in my own way.... the dashed blue line is my channel mid... which also gives confluence.
None of this is Hurst ... just TA chart reading..

Ive also attached a 60 min chart with a channel that I've been using for 7 or so days now. Arrow shows another reason for support at the point where your chart ends, after your VTL is broken.
For me the 60 min or 120 min chart is the "Boss" chart for this swing up.... .

Just sharing.... in case its helpful.
ps.. I'm NOT saying your tline is not valid. The 5 min chart responded to it.... Using that as your VTL, that swing low was the last stand for the Bulls... so to speak.
Just saying its good to be mindful of where swing highs and lows are, in relation to VTLs', T/lines and channels......etc

Hi guys. Just wanted to say big thanks to Parisboy, Swede, Alorente and all the others. Im normaly lurking around cause i have nothing realy to contribute, but a lot to learn- I found that thread by Parisboy ist the best on FF. Its pure gold what he is sharing here. Im a simple guy, so im trying to adapt all the Hurst Stuff for something im able to execute on a regular basis. In the screenshot you will see a Eur/Usd trade i just closed.

Some explanation, the violet Band ia a 50 periods daily CTMA, the yellow a 50 perio 4 H CTMA, the blue the current TF in this case 30 min. The current marketcondition measured on the slope of the projection of the midline. It changes on a value of 0.3 to trending mode. The trigger is a cross of a 5+11 Ema.