Trading Focal Points -- "A Leap Of Faith"...

do it manually to understand how it works, how the trend evolves up or down.

in this case software is counter productive for all users if you trade one or 2 pairs

I do not need R4M or his brother in TradingView to draw a trend line between 2 Focal Points.

But I need R4M coding ability if I do the task 100 times a day, 500 times a day or 1.000 times a day because this will save my (precious) time that I could invest on other subjects.

As a beginner you have to do all MANUALLY this is IMHO the best way to learn how Hurst tools work. If you just look at charts on your computer you will go nowhere I promise you.

Absolutely well said parisboy. However the fear is of doing it incorrectly and then paying the price. Hence the reliance on software. I have done countless courses and learnt hundreds of techniques so far- Elliott; Alligator; Gann; price action, delta neutral options, Hurst, Harmonics, market geometry, etc All I wanted was a simple technique which I could apply daily without drawing complex emblems or grids. I also went through Jenkins and a lot of other books which you shared on the forum. All the reading expanded my understanding but the light keeps flickering, it never turns on fully. Of all the methods I find myself coming back to your thinking again and again because the concept of cycles appeals to me somewhere. Hope the light turns on fully before the end of days :-)

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Opening a Long position

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Envelopes as a tool for Cyclic analysis

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Cycles within Cyles (1)

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Cycles within Cyles (2)

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Everything is linked

When you say "everything is linked"- what are you referring to ?

Nifty today 5 min chart with Guppy crossing:

Waves , Cycles, Sinewaves, Focal Points, Centered Moving Averages, Envelopes, Valid Trend Lines, Future Line of Demarcation all are a specific expression of the same logic

Hope I see the light some day. :-)

The MA 16 and 256 crossings look very intuitive. However wouldn’t 256 have a massive lag of -128 ? Then how can one target a buy or sell on its crossing with MA 16 ?

First of all, i wanted to say thanks to robots4me and parisboy for introducing this thread and then replying all my questions. I used this method to trade in Gold and getting confidence day by day. I opened this live account since January and i had losses because of one of signal services and then i decided to trade myself. I trade mainly on Gold and if there are not enough opportunities then i trade in AUDCAD. Last week i withdraw profit and now this week i already made withdrawal request of another profit.

Overall performance for this week so far.

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Trade Follow Up

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Follow Up

Long Trade closed in order not to stay in position overnight

What prompted the long position and why did you exit ? Was the decision based on MA or envelopes ?

Thanks

Do your homework.

Read the thread . Analyze the charts. Do not only ask questions. Try to figure some answers.