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Time and Price Forecasting

  • #5,241
  • Edited 9:54am Feb 19, 2023 8:15am | Edited 9:54am
Quoting parisboy
{image}{image} {image} {image}
Hi Alain
Liked your post
But how do I interpretant it , in live markets ?
  • #5,242
  • Feb 19, 2023 8:29am Feb 19, 2023 8:29am
Quoting OAPDave
{quote} Hi Alain Liked your post But how do I interpretant it , in live markets ? {image} {image} {image}
Thanks Dave

I discovered this chart today on a book I never read up to now.

I am working on it .
  • #5,243
  • Feb 19, 2023 10:23am Feb 19, 2023 10:23am
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  • #5,244
  • Feb 19, 2023 10:27am Feb 19, 2023 10:27am
all these "waves" are not of the same degree, order, nature

this is why you need to RATIONALLY classify and hierarchize them,

if you want to have a RATIONAL count !
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  • #5,245
  • Feb 19, 2023 10:40am Feb 19, 2023 10:40am
Quoting parisboy
all these "waves" are not of the same degree, order, nature this is why you need to RATIONALLY classify and hierarchize them, if you want to have a RATIONAL count ! {image}
Alain
You know I am a Dummy
I am just trying to go
Up and down the grid ?
  • #5,246
  • Feb 19, 2023 11:41am Feb 19, 2023 11:41am
Quoting OAPDave
{quote} Alain You know I am a Dummy I am just trying to go Up and down the grid ?
Daveyou are not a dummy

you apply a very sound principle : you buy, you sell and you live with the difference.

It is why Trading is always de facto very simple.

But most guys do no understant this KEY factor . It is just too simple for them to be true .

Then they finish their journey with astrology or sophisticated mathetamatics (which another variant of divination)
  • #5,247
  • Edited 6:38pm Feb 20, 2023 8:03am | Edited 6:38pm
Hi Dave

I hope your condition has improved more since you left hospital.
I was taught mostly in the last year or so by my teacher. The information I share here is my teachers, not mine.
I TRY MY BEST TO NOT MAKE ANY MISTAKES IN THE SHARING OF IT.
GANN has many methods and they are all accurate But each method has dfferent rules for using / applying it correctly.
The measurements charts are one of the most simple methods.
What is important with GANN is the correct fixed starting point and the MATH to be correct.
These things I know for sure. Only the basiics but these two principles are fixed in stone.
GANN methods can be fixed for the long term, you only have to do them once and then trade them, no analyzing or re-analyzing is needed any more, they are fixed measurements pure and simple, all you need is the correct starting point.
I am a student thats for sure. Keep this in mind while Im trying to explain this
The monthly measurements have a correct fixed starting point the start of the month. and measure to the end of the month.
Same with the weekly measurements they have a correct fixed starting point the start of the week. And measure to the end of the week.

WHAT WAS FREELY GIVEN TO ME. I STATE FREELY, NO MONEY. ONLY OUT OF A LOVE FOR TRADING AND LEARNING.

I SHARE FREELY WITH HONOUR AND INTEGRITY.

Your communication style is never tainted with any implied bitterness towards others, or a Trading Subject, just an appreciation of any learning process.

1 Corinthians 13:4–8a (ESV) Love is patient and kind; love does not envy or boast; it is not arrogant or rude. It does not insist on its own way; it is not irritable or resentful; it does not rejoice at wrongdoing, but rejoices with the truth.
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  • #5,248
  • Feb 20, 2023 10:42am Feb 20, 2023 10:42am
Something that seems to be overlooked by a lot by traders is the fact nothing is as it was during the time if Gann. No Global market, no internet, no geopolitical influence, no analysts of any significance, no think tanks, no CNN,Fox News or central banking committees etc etc. NO 5 TRILLION PER DAY markets like Forex. So, how in the world can we use outdated methods as they were in Ganns day to represent an accurate picture today??

The answer we need to clarify to ourselves is the validity of the PRINCIPALS set out by Gann as having validity in our modern market. Pure mathematical principals like OCTAVES is just one of the methods that seem to be a constant in our modern world but to use them effectively we need a starting point, not just a random screenshot. So, this is the point of this post, the staring point, where to begin the measurements.

This brings me to (dare I use his name) Jenkins. This ONE point of his methods I use over and over and over again and that is identifying the starting point being a major, or minor swing (impulse) point. Understanding the DNA for all future price movement exists from these very staring points can be very accurate to identify turning points or continuations in the market. Now, those measurements can by by diagonals, squares or horizontally as has been illustrated often in this thread. Another method works well is using square roots starting from the end of a swing (impulse) but it takes more effort and we all know most traders are lazy and much prefer an indicator to guide their decisions.

The grid tool can do all of that and more in helping the trader to do accurate analyses, don’t overlook it as something “so simple that it can’t possibly be accurate”.

Trading does not need to be complicated to be profitable as Alain said.
  • #5,249
  • Edited 11:03am Feb 20, 2023 10:46am | Edited 11:03am
Quoting ianlikesgolf
Hi Dave I hope your condition has improved more since you left hospital. I was taught mostly in the last year or so by my teacher. The information I share here is my teachers, not mine. I TRY MY BEST TO NOT MAKE ANY MISTAKES IN THE SHARING OF IT. GANN has many methods and they are all accurate But each method has dfferent rules for using / applying it correctly. The measurements charts are one of the most simple methods. What is important with GANN is the correct fixed starting point and the MATH to be correct. These things I know for sure. Only...
What is important with GANN is the correct fixed starting point and the MATH to be correct.

then :

a) how you define "the correct fixed starting point" ?
b) which"correct" MATH do you us e?
  • #5,250
  • Feb 20, 2023 10:50am Feb 20, 2023 10:50am
Quoting parisboy
{quote} What is important with GANN is the correct fixed starting point and the MATH to be correct. then : a) how you define "the correct fixed starting point" ? b) which"correct" MATH do you us e? b)
my “fixed” starting point is in post 5249. Works over and over and over for me, and we all know how important “me” is in all this haaaaa,
  • #5,251
  • Feb 20, 2023 11:00am Feb 20, 2023 11:00am
Quoting OAPDave
{image}
I don’t think you can find anything more accurate to identify turning points or continuation points on the chart you posted......

The DNA of future price movement, Long and short was clearly laid out for the trader to interpret.
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  • #5,252
  • Edited 12:33pm Feb 20, 2023 11:32am | Edited 12:33pm
Quoting ianlikesgolf
Hi Dave I hope your condition has improved more since you left hospital. I was taught mostly in the last year or so by my teacher. The information I share here is my teachers, not mine. I TRY MY BEST TO NOT MAKE ANY MISTAKES IN THE SHARING OF IT. GANN has many methods and they are all accurate But each method has dfferent rules for using / applying it correctly. The measurements charts are one of the most simple methods. What is important with GANN is the correct fixed starting point and the MATH to be correct. These things I know for sure. Only...
I would not trust your "teacher" mixing Gann, Wyckoff , Hurst, Bollinger

All that seems to me the correct way to failure.

Paid mentors love complexity. They live with and financially benefit from complexity.

All what you wrote about Gann is IMHO pure bullishit , the usual bullshit you find everywhere on the Gann Marketing industry.

First Bullshit : the Correct Math ;

The only "correct math" used by Gann is the the Division by 8 of a Price Range - whatever Price Range - .
The second "correct math" used by Gann is the Division by 2
.8 divided by 2 gives 4 . That is the Halfway Point (Center of Gravity) of the Price Range. ;
If you multiply 4 by 2 you get 8.

That is ALL the CORRECT MATH you need to Master Gann and also Murrey.

Every guy who tells you something different wants just to part yourself from your money.

Consequently that is why Gann is so modern, so actual : it is because whatever the Price Range - the Bitcoin for example which did not existed when Gann lived, you can divide this ¨Price Range by 8 and calculate the Halfway Point.

Application can be more "complex" but the basics are just simple, even simplistic.

Obviously you can not sell high priced books, webinars , seminars and "private lessons" by teaching "divide the range by 8" and "where is the Halfway Point ?"
  • #5,253
  • Edited 12:11pm Feb 20, 2023 11:56am | Edited 12:11pm
Quoting parisboy
{quote} I would not trust your "teacher" mixing Gann, Wyckoff , Hurst, Bollinger All that seems to me the correct way to failure. Paid mentors love complexity. They live with and finacially benefit from complexity. All what you wrote about Gann is IMHO pure bullishit , the usual bullshit you find everywhere on the Gann Marketing industry. First Bullshit : the Correct Math ; The only "correct math" used by Gann is the the Division by 8 of a Price Range - whatever Price Range - . The secong "correct math" used by Gann is the Division by 2 .8 divided...
YES, YES, YES, YES! You have said everything I want to say but couldn’t for some reason. It is so frustrating to have evidence of a simple simple system that works, displayed in this forum and proven before all onlookers, only to have it completely ignored or discounted and replaced by a plethora of indicators that only tell us what happened in the past.

your cma and envelope charts are the same, consistent, simple, easy to follow, no need for add on or additional indicators, just interpret price when certain levels are reached and make your move or decide on a course of action. Simple, doesn’t change no need for all manor of indicators or inputs. How hard was it to see a direction change coming here, and is that not what Trading is about, interpretation....
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  • #5,254
  • Feb 20, 2023 12:24pm Feb 20, 2023 12:24pm
Quoting OAPDave
Guys I feel terrible now, Both Ian his mentor and I were on a certain thread and both of them with Gann and Me with Murry got a pretty rough ride, so I told them I was going home back to this thread were I felt comfortable, Ian who as been here before, as just dipped his toe in here to be met with a honest reply on how you view Gann My view be it Gann or Murrey his that they need Time to produce a Grid , they both do it in different ways and I must admit that's were and why I fudge Murrey I think Fixed Time is just a Red Herring as We all live in...
We are inundated with all manor of shit these days. Especially so in the charting of forex and equities because there is money in selling concepts and acting as a guru. I recently removed Facebook and Twitter from my devices, also about to remove Whatsapp, and a few others. Can’t stand all the crap being pushed in one manor or another, I existed just fine before them and will do just fine without them. I also, first time in 20 years started ignoring a few posters here in FF, can’t stand the bullshit they post when they are commenting on others postings, like the world revolves around them only....
  • #5,255
  • Feb 20, 2023 12:29pm Feb 20, 2023 12:29pm
I agree in your “fixated time” comment.....price, historical price is much more worthy of interpretation imho
  • #5,256
  • Feb 20, 2023 1:12pm Feb 20, 2023 1:12pm
[quote=OAPDave;14332244]Guys I feel terrible now, Both Ian his mentor and I were on a certain thread and both of them with Gann and Me with Murry got a pretty rough ride, so I told them I was going home back to this thread were I felt comfortable, Ian who as been here before, as just dipped his toe in here to be met with a honest reply on how you view Gann My view be it Gann or Murrey his that they need Time to produce a Grid , they both do it in different ways and I must admit that's were and why I fudge Murrey I think Fixed Time is just a Red Herring as We all live in different time zones Have to contend with Leap years, Summer and Winter Times Holidays etc Murrey bases all his calculations on 3.125 which to be honest seems to work out ok, for me anyway There are many other Number Sequences, to many too mention that might offer something Nothing stands still, in my relative short lifetime I have seen many changes Pounds Shillings and Pence are now Decimal Yards Feet Inches now Metric etc etc I could go on, but this brings in the same viewpoint In the distant past there were No (Indicators) now very clever guys can create them at the drop of a hat Now I am glad they on Areophane's , Ships etc Far far too many on cars for my liking but you have no choice but accept them I think Swede as the answer but there are Times that his eyes are better than mine ? Hence I once said to Pariboy I Trade Price not Time , well try too anyway ps Ian Sorry mate I didn't see all those added indicators coming , why oh why, you did yourself no favors there[/quote

Dont feel terrible, this is not a personal attack on anyone, just a statement of fact on how a simple concept can be made so complicated and so unnecessary.
  • #5,257
  • Edited 2:37pm Feb 20, 2023 1:21pm | Edited 2:37pm
Quoting ianlikesgolf
Hi Dave I hope your condition has improved more since you left hospital. I was taught mostly in the last year or so by my teacher. The information I share here is my teachers, not mine. I TRY MY BEST TO NOT MAKE ANY MISTAKES IN THE SHARING OF IT. GANN has many methods and they are all accurate But each method has dfferent rules for using / applying it correctly. The measurements charts are one of the most simple methods. What is important with GANN is the correct fixed starting point and the MATH to be correct. These things I know for sure. Only...
as for "the correct fixed starting point " it is another bullshit story. Has your "teacher " drawn some charts himself or did he only make conferences and offer "private courses" ?

Since 1998 I have generated thousands of "Gann Angles Charts" (8 Diagonal Lines ) and "Murrey Charts" (8 Horizontal Lines ).

I can tell you There are tons of "correct fixed starting point" . Everywhere .

Whatever your starting point - even "randomly" I can tell you that because I charted all the DAX components using Yahoo Data on

EXcel ANd even now the Data we get From Yahoo were most of the time the 1st January 2000.

Is the 1st January 2000 a specific date for a Low or a High .

No it seems to me more of an administrative decision.

Did this date hamper our analysis ?
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  • #5,258
  • Feb 20, 2023 2:47pm Feb 20, 2023 2:47pm
Let's "milk" Swede's chart

If you are not totally blind , yiu can observe that Wave 1 and Wave 2 are not of the same degree, order, natyre

Roughly Wave is odf a Lower degree - kind of 1/2 in Amplitude(Price) and 1/3 in Period (Time)
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  • #5,259
  • Feb 20, 2023 2:51pm Feb 20, 2023 2:51pm
You can observe a Double Top
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  • #5,260
  • Feb 20, 2023 3:04pm Feb 20, 2023 3:04pm
Test Yourself !

Do your homework
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