this graph is more complex but as you can see it is the same graph placed yesterday ... the structure of the square has stopped the rise in the yellow rectangles
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simple and clear advice for new traders, no cryptic teachings 36 replies
Forex Audio Books and Teachings 5 replies
Michael's CHART Pattern trading is back! 0 replies
Getting Started in Currency Trading by Michael Archer 0 replies
Dislikedyou are a fox....ahaha...it's true, you're right...the S is the ellipse....only that I still have to understand well how to draw it BEFORE the swings develop. As regards the inclination in bearish swings I found: 300°,315°,330°...but it is absolutely not certain that the opposite swing up has the same opposite degrees. question: how do I find the two foci of the ellipse to be able to draw it??? I have to ask jeanlouie to build the indicator to draw the ellipse with the degrees of the inclinationIgnored
Dislikedjust today the PC with the old but faithful WXP on which Ganntrader and Cycle Timer ran broke, I hope to have it back soonIgnored
Dislikednow I have removed all the lines that create confusion for those who do not know them... I have also removed the circles with which I built the VESICA PISCIS and consequently the construction of the PITCHFORK... I only left the green square built on the YX collapse . I will never thank jeanlouie enough who built all the free geometric indicators {image}Ignored
Disliked{quote} Fingers crossed I've never got on that well with Ellipses for trading The chart below is the same market as above LSE:IDS - I just used DT software to analyse the timing What I did was took the LOW 191.2, doubled it and ran TIMING out by the same amount of trading days 191 (can't do decimals) This created a 1 x 1 square As you can see price didn't work to the 1 x 1, it moved 50% (ish) and thereby worked out half the price to the full TIME which is 50% - the % splits of the box were also pretty good for timing swings So "IF" price was working...Ignored
DislikedI want to share a small/big discovery with everyone: 1) consider 123 by JOE ROSS (previously impulsive wave 1 and retracement wave 2) 2) calculate the angle that exists between low (point 1 of ROSS 123) and point 3 3) this angle must be multiplied by 2 or 3 to find the trendline where the next top will form. In practice it is the exact opposite of how Jenkins obtains his angles: he looks at the LOW_TOP angle ... for example 36°, after which he executes 36/2...36/3...36/4 .... 36x3/4...36x2/3. Instead I look at the LOW_LOW angle and get the other...Ignored