Analysis and Trading based on Envelopes, Waves, Cycles

Thanks for "decent" William.

But IMHO it is a very short-sighted vision of what Envelopes can give as informations to an analyst and also to a trader.

It is largely incomplete even if it is the FIRST and ONLY basic remark I am asked about when I have a question about Envelopes.

Let'see here the same Chart generated by Sentient trader so that everybody could reproduce himself the various points I will detailed..

Reminder : Envelopes are the FIRST METHODOLOGY proposed by Hurst - quoting Joey "robust, but not bad"

these are the Amplitude parameters of the Envelopes 32, 128 and 256

BraVo — Aujourd’hui à 19:22
when multiple envelopes and price all converge at a level you could expect a reversal toward the opposite side of the envelopes, right?

Right but it is progressive. I call that Propagation.

It visible if you use separetly the Focal Point chart.

First the CMA 16 stops going down and turns up, then the CMA 32, then the CMA 64 decelerates , goes flat then up, in the meantime the CMA 128 decelerates too, its slope is less and less steep, going toward zero etc ...

Look where are located the CMA's Lows

The Centerline and the Upper and Lower Boundaries act as a Support or a Resistance Curve, depending of the Direction of the Trend.

As the System uses 3 different Envelopes, then you have 9 successive Resistance or Support Levels

You can also use these Levels / Curves as Target Prices or Stop Losses (and Trailing Stop Losses).

You can also use them to calculate a Potential Risk Reward.

If the parameters are adapted to your screen scaling , you wil see a black dot (the potential Focal Point) you can move on your screen

Thanks