For the patient Investor
Octaves with NO Time Restraints
Octaves with NO Time Restraints
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Analysis and Trading based on Envelopes, Waves, Cycles
- #12,885
- Edited 3:44pm Mar 14, 2024 8:55am | Edited 3:44pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
I was banned just when writing my conclusion based on my bullshitting methodologies 
about why 75.000 plays a role of Strong Resistance.
a) 75.000 us 6/8 of the Price Range 0-100.000. 6/8 is defined as a Strong Resisttance (when Trend is up). b) 75.000 is also and **at the same time** 8/8 of the intermediary operative Price Range 50.000-75.000 - see above Chart which is a Very Strong Resistance within this Price Range.
Then both Strong and Very Strong Resistance cumullate their Strength there, which explains why this Resistance is Hard to Break and why Price stalled on that SRL LInr with multiple failed attempts to break this SRL
about why 75.000 plays a role of Strong Resistance. a) 75.000 us 6/8 of the Price Range 0-100.000. 6/8 is defined as a Strong Resisttance (when Trend is up). b) 75.000 is also and **at the same time** 8/8 of the intermediary operative Price Range 50.000-75.000 - see above Chart which is a Very Strong Resistance within this Price Range.
Then both Strong and Very Strong Resistance cumullate their Strength there, which explains why this Resistance is Hard to Break and why Price stalled on that SRL LInr with multiple failed attempts to break this SRL
- #12,888
- Edited 6:43pm Mar 14, 2024 3:43pm | Edited 6:43pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #12,889
- Edited 10:54am Mar 15, 2024 6:04am | Edited 10:54am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #12,890
- Edited 6:58am Mar 15, 2024 6:13am | Edited 6:58am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #12,892
- Edited Mar 16, 2024 7:08am Mar 15, 2024 12:34pm | Edited Mar 16, 2024 7:08am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
the same reader wrote me : "Also, based on your experience, which authors of this sector (cycles) offer the most trade-able insights and knowledge? Hurst? Dewey?
(I'm trying to find a more solid landing where I can learn and test for real, not so much of things like those of Gann's endless mysteries. I am also quite curious what's your thoughts about any of these authors given that you have known them so so much.)"
Who is Edward Dewey ? Dewey is the founder of the Foundation for the Study of Cycles whicch was impulsed by the President Roosevelt. Dewey could be considered from 1940 up to 1965 as the dynamic force behind Cycles Research (not only on the Market, but de facto mainly). The FSC published a magazine named Cycles.
What wrote Dewey in the Mid Fifties : After having worked on cycles something like 20 years, and given a lot of thoughts on the subject, my conclusion is that there are no Regular (fixed) Cycles at work in the Market.
Just a tendency . We can label that Rhythm and we should much more use the name of Rhytmic Analysis than the one of Cyclic Analysis for our work and researches.
This written, Dewey has not be consequent , Dewey has not changed the name of the magazine he published into "rhythms". The magazone "Cycles" always exixts as well as the Foundation for the Study of Cycles.
(I'm trying to find a more solid landing where I can learn and test for real, not so much of things like those of Gann's endless mysteries. I am also quite curious what's your thoughts about any of these authors given that you have known them so so much.)"
Who is Edward Dewey ? Dewey is the founder of the Foundation for the Study of Cycles whicch was impulsed by the President Roosevelt. Dewey could be considered from 1940 up to 1965 as the dynamic force behind Cycles Research (not only on the Market, but de facto mainly). The FSC published a magazine named Cycles.
What wrote Dewey in the Mid Fifties : After having worked on cycles something like 20 years, and given a lot of thoughts on the subject, my conclusion is that there are no Regular (fixed) Cycles at work in the Market.
Just a tendency . We can label that Rhythm and we should much more use the name of Rhytmic Analysis than the one of Cyclic Analysis for our work and researches.
This written, Dewey has not be consequent , Dewey has not changed the name of the magazine he published into "rhythms". The magazone "Cycles" always exixts as well as the Foundation for the Study of Cycles.
- #12,896
- Edited Mar 16, 2024 6:43am Mar 15, 2024 6:39pm | Edited Mar 16, 2024 6:43am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
