Thats my unknown, how to know which probablity to get midline of 256 or inferior... ?
Too, im testing my type of CMA, more stable, more clear, more accurated on crossing, created it 3 years ago already, decided to test more with focal.
check the picture...
Seeing this chart, there is no way to doubt that this is a buying zone. But, how do you believe in 1 minute time frame? I even have to think ten times when it is a 15 minute time frame. High time frames provide a sustainable result in reading market trends. By the way, if you don’t mind, please share your take profit and stop loss level.
W. D. Gann, as we know, issued annual forecasts as well as regular market newsletters for a good period of his life. He was a market forecaster. At one time he called his service the W. D. Gann Scientific Service. Among his statements are these:
"Unless they [traders] follow some well-defined plan based on Science and Supply and Demand, they are sure to lose." Truth of the Stock Tape, p. 1
"My Method of operating in the Stock Market is all based on mathematical points or geometrical angles." "Method for Forecasting the Stock Market," p. 11
"There is no top and bottom price which cannot be determined by mathematics." "Natural Resistance Levels and Time Cycle Points," p. 25
What do you think? Do you think that science and mathematics can be applied successfully in analyzing the financial markets? Have you seen this in your experience? Or do you believe that the only certainty is uncertainty?
{quote} Seeing this chart, there is no way to doubt that this is a buying zone. But, how do you believe in 1 minute time frame? I even have to think ten times when it is a 15 minute time frame. High time frames provide a sustainable result in reading market trends. By the way, if you don’t mind, please share your take profit and stop loss level.
Parisboy I remember the good old days, when we talked about Octaves and FLDs, now the only subject in class seems to be 5 cma's Remember well you allways drummed into me Use all the tools {image} {image}
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Hi Dave,
So true as you posted. All tools now translate into more indicators cluttering the chart, but this is still the best thread at the Factory. Nothing more than the CMAs is needed along FLD's & for me Displaced MA's, but to each his own as the saying goes.
{quote} Hi Dave, So true as you posted. All tools now translate into more indicators cluttering the chart, but this is still the best thread at the Factory. Nothing more than the CMAs is needed along FLD's & for me Displaced MA's, but to each his own as the saying goes. Hope you're doing well. Best of trades to you.
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Ace I agree with you.
IMHO cluttering a chart is counter-productive for a good analysis.
Hurst wrote touse ALL the tools together. But it does not mean on the same chart.
I use a FLD chart, an Enveloppe chart and a CMA's chart
{quote} Ace I agree with you. IMHO cluttering a chart is counter-productive for a good analysis. Hurst wrote touse ALL the tools together. But it does not mean on the same chart. I use a FLD chart, an Enveloppe chart and a CMA's chart
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Have to agree with that, much easier for my poor old eyes
{quote} Ace I agree with you. IMHO cluttering a chart is counter-productive for a good analysis. Hurst wrote touse ALL the tools together. But it does not mean on the same chart. I use a FLD chart, an Enveloppe chart and a CMA's chart
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Hi Parisboy,
That is the same setup I am using & all works well. Best of trade to you my friend.
{quote} Hi Ace Yes doing well mate. Dax is being very kind to me There is no harm in knowing what each sum of the parts will be But The sum of the parts will eventually lead here Page 1 {image}
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Hi Dave,
Glad you are doing well. I agree with you on that. Best of trades to you my friend.
{quote} I agree Dave and Ace, the thing is, a trader, if he sees value in a method or setup, he needs to perfect his own ability to use the screen in front of him instead of hoping from one idea to another. Remember Bruce Lee, he didn’t fear the man who practices 1000 kicks one time, but fears the man who practices 1 kick 10000 times. FF is an idea factory more than a trading platform, hundreds of ideas but very very few staying with a proven method. So, I take my hat off to Alain for putting forward ideas that are definable by our account statement,...
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Hi Swede,
I agree with you 100% about Alain & Bruce Lee. Alain has stayed the course for a long time with no indicators needed more than the CMA's, FLD's & Envelope all of which he has designed. This is by far the best thread going on FF. Thank you for sharing your ideas, views & comments.
Analysis and Trading based on Envelopes, Waves, Cycles
