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My Grid / My System

  • #81
  • Jul 27, 2022 6:43am Jul 27, 2022 6:43am
Similar idea
but you are way ahead of me with your thoughts ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeeklyc.png Size: 33 KB
  • #82
  • Jul 27, 2022 9:04am Jul 27, 2022 9:04am
Quoting OAPDave
Similar idea but you are way ahead of me with your thoughts ? {image}
Abonacci's grid looked similar. Just adjust your levels based on price and you will have a static and dynamic grid to compare with.

50% will line up with 50 in price. = 1.14500
MY GRID. Markets are NOT random.
  • #83
  • Jul 27, 2022 10:42am Jul 27, 2022 10:42am
For those that want a Fib tool similar to my custom one here is the post:
Quoting honestknave
Version: 1.14 Expiry: N/A (or technically somewhere around 68 years from now...) Wishing success to all! {file}
MY GRID. Markets are NOT random.
  • #84
  • Edited 12:01pm Jul 27, 2022 11:36am | Edited 12:01pm
Quoting OAPDave
{quote} Just Murrey numbers {image} {image}
Try this, change the colors if you don't like it.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 20 KB
Attached File(s)
File Type: tpl My Grid V2.tpl   389 KB | 263 downloads
You can also open multiple charts with these grid sizes:
23
38
50
61
76
82
100
MY GRID. Markets are NOT random.
  • #85
  • Jul 27, 2022 5:19pm Jul 27, 2022 5:19pm
Quoting OAPDave
{quote} Like This Yes I understand how to modify my fib to your numbers Question Do you allways leave the Start Price to 0 {image} {image} {image} {image}
Yes, It's always zero. You can also move the Grid Levels Show box up or down if you want to move your indicator panel to the upper right hand corner.
MY GRID. Markets are NOT random.
  • #86
  • Edited Jul 28, 2022 2:03am Jul 27, 2022 6:13pm | Edited Jul 28, 2022 2:03am
Quoting tonyb123
{quote} Yes, It's always zero. You can also move the Grid Levels Show box up or down if you want to move your indicator panel to the upper right hand corner.
Thank you for prompt reply
  • #87
  • Jul 28, 2022 6:07am Jul 28, 2022 6:07am
Hi Tony
Any chance in showing me an up to date Daily Gbp Usd Live chart with all your magic added
I could then do a simple go compare exercise
Thanks
Dave
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDailya.png Size: 21 KB
  • #88
  • Jul 28, 2022 8:47am Jul 28, 2022 8:47am
Quoting OAPDave
Hi Tony Any chance in showing me an up to date Daily Gbp Usd Live chart with all your magic added I could then do a simple go compare exercise Thanks Dave {image}
Ok, I can show a chart but you need to change the grid to 5 colors only or your analysis will not match what I have unless you are full speed with sequences. Also, the time frame concept is irrelevant, I only use different time frames to display the beginning or end of a price / grid sequence.

Start on post 74 to get the plotting techniques down pat. It's all ABCD waves based on the numerical sequence within price.
MY GRID. Markets are NOT random.
  • #89
  • Jul 28, 2022 8:58am Jul 28, 2022 8:58am
GBP / USD
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly 2.png Size: 24 KB
MY GRID. Markets are NOT random.
  • #90
  • Edited 10:09am Jul 28, 2022 9:25am | Edited 10:09am
Thanks
Here is my effort

Trend Line Tool ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthlyb.png Size: 25 KB
  • #91
  • Jul 28, 2022 9:45am Jul 28, 2022 9:45am
Quoting OAPDave
Thanks Problem I have my fib set as instructed on your ABCD FIBO JOURNAL Hence nothing like your post
The key is the grid. The fib is plotted based on the ABCD WAVE of the grid using the trend line tool. POST 74. Start there.

This is from the retracement thread just change the extension levels to this:
Level Description

0 0
0.1 10
0.2 20
0.3 30
0.4 40
0.5 50
0.6 60
0.7 70
0.8 80
0.9 90
1 100
-0.1 90 110
-0.2 80 120
-0.3 70 130
-0.4 60 140
-0.5 50 150
-0.6 40 160
-0.7 30 170
-0.8 20 180
-0.9 10 190
-1 100 200
MY GRID. Markets are NOT random.
  • #92
  • Jul 28, 2022 10:11am Jul 28, 2022 10:11am
Just the Grid and ABCD waves plotted. Grid is 500 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly 3.png Size: 24 KB

Base grids I use are:
1 pip
5 pip
10 pip
50 pip
100 pip
500 pip
1000 pip
5000 pip
10000 pip

Keeps it simple, use the fib to get the dynamic price movements.
MY GRID. Markets are NOT random.
  • #93
  • Jul 28, 2022 10:19am Jul 28, 2022 10:19am
Quoting tonyb123
Just the Grid and ABCD waves plotted. Grid is 500 pips.{image} Base grids I use are: 1 pip 5 pip 10 pip 50 pip 100 pip 500 pip 1000 pip 5000 pip 10000 pip Keeps it simple, use the fib to get the dynamic price movements.
So you have gone
8 3 8
now
5 0 5
  • #94
  • Jul 28, 2022 10:25am Jul 28, 2022 10:25am
Quoting OAPDave
{quote} So you have gone 8 3 8 now 5 0 5
You have the right numbers just the wrong order, both of those sequences have been completed.

3-8-3 and 0-5-0 are the right ones. A sequence should end with all the A and C sequences completed. A: 3-3-3, C: 8-8-8.
MY GRID. Markets are NOT random.
  • #95
  • Jul 28, 2022 11:24am Jul 28, 2022 11:24am
Quoting tonyb123
{quote} You have the right numbers just the wrong order, both of those sequences have been completed. 3-8-3 and 0-5-0 are the right ones. A sequence should end with all the A and C sequences completed. A: 3-3-3, C: 8-8-8.
Tony
Thanks for your help today
I still have a lot to learn and understand but this is really cool
easy to see the many hours and thought that you have put into the inner working of this
Need to get my head into gear now and spend some chart time studying it
Keep the tips and pointers coming they will be appreciated
I am sure a lot more questions will be coming your way too
Thanks again
Dave
  • #96
  • Jul 28, 2022 12:21pm Jul 28, 2022 12:21pm
Quoting OAPDave
{quote} Tony Thanks for your help today I still have a lot to learn and understand but this is really cool easy to see the many hours and thought that you have put into the inner working of this Need to get my head into gear now and spend some chart time studying it Keep the tips and pointers coming they will be appreciated I am sure a lot more questions will be coming your way too Thanks again Dave
Thanks for taking a look and participating. The key is the grid size and completed sequences. I use month and week charts to find the grid size that has a completed sequence. 1000>500>100>50>10>5>1 pip.

It is like MTF but with grid sizes. When I have a completed grid sequence based on ABCD waves I drop to a lower grid size to begin working out trades. Swing, day, scalp.

Time is disregarded in a sense when trading like this, but I do not ignore it completely. Time for swings can be figured out with the waves and location of ABCD's. My Motto for time is; "when price hits my level, its time to trade".

Hope that helps.

Tony
MY GRID. Markets are NOT random.
  • #97
  • Jul 29, 2022 8:49am Jul 29, 2022 8:49am
Quoting OAPDave
Tony Here is your first laugh of the day {image} {image} {image} {image} {image}
Not laughing, you made the attempt at least to participate. I would start by plotting the ABCD waves on the grid with the trend line tool and label them. It will make learning much faster.
MY GRID. Markets are NOT random.
  • #98
  • Jul 29, 2022 8:55am Jul 29, 2022 8:55am
Quoting OAPDave
But When all else fails I do have a back up Plan {image} {image}
MY GRID. Markets are NOT random.
  • #99
  • Jul 29, 2022 9:00am Jul 29, 2022 9:00am
Quoting tonyb123
{quote} Not laughing, you made the attempt at least to participate. I would start by plotting the ABCD waves on the grid with the trend line tool and label them. It will make learning much faster.
Tony
Yes
That is a very fair comment

ps
I never do anything the easy way

Deleted post as to not lead anyone astray
  • #100
  • Jul 29, 2022 9:11am Jul 29, 2022 9:11am
Quoting OAPDave
{quote} Tony Yes That is a very fair comment ps I never do anything the easy way Deleted post as to not lead anyone astray
NOOO... You had it right even without the ABCD waves. I was just pointing out the learning process would be quicker if you got that 1st.

Didn't mean to discourage your path of understanding.
MY GRID. Markets are NOT random.
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