Analysis and Trading based on Envelopes, Waves, Cycles | Page 380 | Forex Factory

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Attachments: Analysis and Trading based on Envelopes, Waves, Cycles
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Analysis and Trading based on Envelopes, Waves, Cycles

  • #7,581
  • Mar 3, 2022 11:42am Mar 3, 2022 11:42am
Quoting MoeinYzz
{quote} EURUSD 4H {image} DAILY {image}
Thanks
How you deal with a situation like that?
Sell/Buy or nothing
It's definitely overstretched because is falling for most of the year now.
  • #7,582
  • Mar 3, 2022 11:58am Mar 3, 2022 11:58am
Quoting Merka
{quote} Thanks How you deal with a situation like that? Sell/Buy or nothing It's definitely overstretched because is falling for most of the year now.
You're welcome.

I don't trade euro so I wouldn't know exactly what to say. And of course it's all relative to what timeframe you're using. In both charts we see strong downtrend and price is trading below the lower limit of envelope 256. What I'd do is wait for a pullback and enter short for continuation. But of course you need a signal because price can and mostly will move towards its mean (center line).
When there's a will, there's a way.
  • #7,583
  • Mar 3, 2022 12:02pm Mar 3, 2022 12:02pm
Quoting MoeinYzz
{quote} You're welcome. I don't trade euro so I wouldn't know exactly what to say. And of course it's all relative to what timeframe you're using. In both charts we see strong downtrend and price is trading below the lower limit of envelope 256. What I'd do is wait for a pullback and enter short for continuation. But of course you need a signal because price can and mostly will move towards its mean (center line).
Indeed
Thanks
  • #7,584
  • Mar 3, 2022 12:41pm Mar 3, 2022 12:41pm
Quoting MoeinYzz
I strongly encourage new traders here to first try and experiment with envelopes before you move on to other stuff. There's a reason this thread starts with envelopes.
Noted, thank you
  • #7,585
  • Mar 3, 2022 2:37pm Mar 3, 2022 2:37pm
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  • #7,586
  • Mar 3, 2022 2:58pm Mar 3, 2022 2:58pm
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  • #7,587
  • Mar 3, 2022 3:13pm Mar 3, 2022 3:13pm
Understanding how the CMA 16 (red) really works
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  • #7,588
  • Edited 3:49pm Mar 3, 2022 3:34pm | Edited 3:49pm
EXERCICE

dDo yourself your manual work , do your homework;

Count yourself the number of HA Candles

- between the Price Action Low and the Centered Moving Average 16 (red) Low when it turns Up (7/8 HA Candles)

- between the Price Action Low and the Centered Moving Average 32 (blue) Low when it turns Up ( 16 HA Candles)

- between the Price Action Low and the Centered Moving Average 64 (red) Low when it crosses the Focal Point build by the CMA 16 and 32 ( 32 HA Candles)

Do you understand how a Focal Point is build and what it means when a Centered oving Average turns Up (or Down)
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  • #7,589
  • Mar 3, 2022 4:07pm Mar 3, 2022 4:07pm
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  • #7,590
  • Edited 4:48pm Mar 3, 2022 4:32pm | Edited 4:48pm
Quoting Bigballer12
{quote} So do you always wait for the red cma to turn to enter a trade? Thanks for all your posts!

All "red" CMA's "turns" are not equal
  • #7,591
  • Mar 3, 2022 5:04pm Mar 3, 2022 5:04pm
Same exercice as above but wih Tops

Centered Moving Averages are Topping and turning down

determine the Top of each Centered Moving Average

check Price Action 6, 16 and 32 Candles after the Top
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  • #7,592
  • Mar 3, 2022 5:08pm Mar 3, 2022 5:08pm
Centered Moving Average 64 (lila) made its Top
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  • #7,593
  • Mar 3, 2022 5:10pm Mar 3, 2022 5:10pm
observe the "Nest of Tops" = alignment od Tops of CMA's 16, 32,64
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  • #7,594
  • Mar 3, 2022 5:30pm Mar 3, 2022 5:30pm
Follow up

do you see the Trend ?

do you see the Sinewave(s) oscillating around the Trend ?
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  • #7,595
  • Mar 3, 2022 5:40pm Mar 3, 2022 5:40pm
do you see the "other" Sinewave ?
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  • #7,596
  • Mar 3, 2022 5:46pm Mar 3, 2022 5:46pm
Centered Moving Averages Charts help to identify the Sinewaves
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  • #7,597
  • Mar 3, 2022 5:52pm Mar 3, 2022 5:52pm
Quoting parisboy
EXERCICE dDo yourself your manual work , do your homework; Count yourself the number of HA Candles - between the Price Action Low and the Centered Moving Average 16 (red) Low when it turns Up (7/8 HA Candles) - between the Price Action Low and the Centered Moving Average 32 (blue) Low when it turns Up ( 16 HA Candles) - between the Price Action Low and the Centered Moving Average 64 (red) Low when it crosses the Focal Point build by the CMA 16 and 32 ( 32 HA Candles) Do you understand how a Focal Point is build and what it means when a Centered...
Hi parisboy. Welcome back and thanks for the educational posts.

I think I understand what candles you mean for example between cma 16 low and price action low. You mean the number of candles in the square in this picture?

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I think I get it that's what justifies the shift backs of the CMAs. But how does it help the trader? Could you elaborate more?
When there's a will, there's a way.
  • #7,598
  • Mar 3, 2022 6:00pm Mar 3, 2022 6:00pm
Quoting parisboy
Follow up do you see the Trend ? do you see the Sinewave(s) oscillating around the Trend ? {image} {image} {image}
What I've learned so far is that I think shorter time sinewaves oscillate around the 128 CMA, but the longer time sinewave the bigger picture oscillates around the 256 cma.

Is that correct?
When there's a will, there's a way.
  • #7,599
  • Mar 3, 2022 6:00pm Mar 3, 2022 6:00pm
Building a Triple Top a,d a Descending Contracting Triangle ?
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  • #7,600
  • Mar 3, 2022 6:09pm Mar 3, 2022 6:09pm
Quoting MoeinYzz
{quote} Hi parisboy. Welcome back and thanks for the educational posts. I think I understand what candles you mean for example between cma 16 low and price action low. You mean the number of candles in the square in this picture? {image} I think I get it that's what justifies the shift backs of the CMAs. But how does it help the trader? Could you elaborate more?
observation
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