Waves within waves each with its own focal point 
Analysis and Trading based on Envelopes, Waves, Cycles
- #13,642
- Sep 27, 2024 5:45am Sep 27, 2024 5:45am
Watching closely. Ready to pull the trigger if I'm proven wrong.4808063 {image}
I'm having doubts that ES will move to the bottom of the aqua channel (256). Expecting a retracement soon, after which I may have to redraw my channel.
What do you think?
- #13,644
- Sep 27, 2024 5:57am Sep 27, 2024 5:57am
- Joined Feb 2006 | Status: Trader | 2,228 Posts
{quote} if I may ask , the MML indicator how to determine where to start the frame, is there a section I can read more about it ParisBoy, I trade $ES. thank you in advance and sorry for asking dumb questionsI’m trying to learn.
There are no dumb questions. Saw your post & thought this might be of help to you if you're trading futures.
See the attached indicator & then take a look at info on Murrey Math freely available on the web. Hope this helps.
I don't post on this site any longer, but at times will take a look. Best of trades to you.
- #13,646
- Sep 27, 2024 6:23am Sep 27, 2024 6:23am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
Observe the Concatenation effect. (summarization) :
3 Legs Envelope 32 (orange) UpMove generates 1 Leg Envelope 128 5white) UpMove
5 Legs Envelope 32 (orange) DownMove Move generates 1 Leg Envelope 128 (white) DownMove
3 Legs Envelope 32 (orange) UpMove generates 1 Leg Envelope 128 5white) UpMove
5 Legs Envelope 32 (orange) DownMove Move generates 1 Leg Envelope 128 (white) DownMove
- #13,652
- Edited 3:28pm Sep 29, 2024 2:43pm | Edited 3:28pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #13,653
- Edited 3:24pm Sep 29, 2024 2:49pm | Edited 3:24pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #13,654
- Edited 3:21pm Sep 29, 2024 2:52pm | Edited 3:21pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #13,655
- Edited 3:19pm Sep 29, 2024 2:55pm | Edited 3:19pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
- #13,656
- Edited 3:17pm Sep 29, 2024 2:58pm | Edited 3:17pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
