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the ellipses from hussin naiji's view

  • #81
  • Feb 9, 2009 3:59pm Feb 9, 2009 3:59pm
Quoting hussin naiji
hi bro
well come to you
i must say to you in the main working with ellipses can be hard also can be very comfortably . in that , this hardness and comfort have connection with you .
in the first time ,you must use form indicator of Zigzag with these inputs :
variable---------------value
Extdepth --------------12
Extdeviation-----------5
Extbackstep-----------3
Thank you for your answer. Do you mean something like this?
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/ ... clarifying decisions ... /
  • #82
  • Feb 9, 2009 8:35pm Feb 9, 2009 8:35pm
Had a huge post typed up and my damn pc froze up.

Anywho... long and short of it was that price ran out of the previous ellipse outer circle and right into the current ellipse minor axis and then dropped like a rock revealing the true ellipse. The angle of the true ellipse is in relation with the angle of the previous ellipse.

The new current ellipse will probably grow downward but along the same angle.
Attached Image(s) (click to enlarge)
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  • #83
  • Feb 10, 2009 1:17am Feb 10, 2009 1:17am
Quoting JR97
Had a huge post typed up and my damn pc froze up.

Anywho... long and short of it was that price ran out of the previous ellipse outer circle and right into the current ellipse minor axis and then dropped like a rock revealing the true ellipse. The angle of the true ellipse is in relation with the angle of the previous ellipse.

The new current ellipse will probably grow downward but along the same angle.
Nice charts as always JR97. Im observing interesting ellipse on the euro 4hr right now. Can you tell me if its drawn significant enough? Looks like price is respecting the borders so far. I want to play breakout of the pattern. I should have bought the lower ellipses touch but i was in bed.
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  • #84
  • Feb 10, 2009 3:19am Feb 10, 2009 3:19am
Is there a indicator for Metatrader 4 that can be used to draw perspective ellipses and more advanced then the built in ones? Thanks.
  • #85
  • Feb 10, 2009 6:50am Feb 10, 2009 6:50am
i have read an important subject in a old book written by Alpharabius .(this the book written in date 950 or 980 CE).in the part of this book , we can read that Alpharabius has pointed to Aristotle .
Alpharabius says that Aristotle , when was watching sky , especially he was watching to solar system( that we know this is with forming a ellipse).
Aristotle has discovered musical.
if you look to solar system , you can distinguish a duration and a interval
and also rhythm in between planets.
exactly similar a ellipse in our chart , we can distinguish a duration and a interval and also a rhythm with intensity or weakness in trader's sentiment !!
  • #86
  • Feb 10, 2009 6:51am Feb 10, 2009 6:51am
Quoting walb99
Thank you for your answer. Do you mean something like this?
i think your chart is mistake
i only use from H4 or daily for ellipse NO HIGHER NO LOWER
  • #87
  • Feb 10, 2009 7:25am Feb 10, 2009 7:25am
Quoting hussin naiji
i think your chart is mistake
i only use from H4 or daily for ellipse NO HIGHER NO LOWER
Thanks for reply, This is a daily chart.
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/ ... clarifying decisions ... /
  • #88
  • Feb 10, 2009 12:36pm Feb 10, 2009 12:36pm
Quoting hussin naiji
i have read an important subject in a old book written by Alpharabius .(this the book written in date 950 or 980 CE).in the part of this book , we can read that Alpharabius has pointed to Aristotle .
Alpharabius says that Aristotle , when was watching sky , especially he was watching to...
I bet JR97 can tell us a lot more about this type of thing as he has studied cycles and Gann etc....

I think the study you read has a lot to it....... we have yet to learn to define how we can relate these things to markets, probably because we work in shorter time frames.....

Certainly Fibonacci and Gann are big parts of the story and each deserves a lot of study in theory and practice.

That being said. for traders...... support and resistance and candlesticks can help support us while we learn higher concepts.

I appreciate this thread, Hussin.....!
  • #89
  • Feb 10, 2009 3:10pm Feb 10, 2009 3:10pm
Amazing accuracy on this small euro ellipse. Playing the inside bounces would have netted one 800 pips easy. Very very nice Hussin
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  • #90
  • Feb 10, 2009 6:21pm Feb 10, 2009 6:21pm
GBPCHF
AUDUSD
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  • #91
  • Feb 10, 2009 6:23pm Feb 10, 2009 6:23pm
GBPJPY

I placed a spiral on this one..... as the days pass I will observe how the spiral interacts with the ellipse
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  • #92
  • Feb 10, 2009 6:34pm Feb 10, 2009 6:34pm
Updated chart. All red are identical in size and angle. Yellow are identical in size and angle. Walking sequences like these don't last forever. So it enjoy them while they do. (There's actually a larger structure at play and once it's fulfilled expect price to do something dramatic.)
Attached Image (click to enlarge)
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  • #93
  • Feb 11, 2009 1:17am Feb 11, 2009 1:17am
Quoting JR97
Updated chart. All red are identical in size and angle. Yellow are identical in size and angle. Walking sequences like these don't last forever. So it enjoy them while they do. (There's actually a larger structure at play and once it's fulfilled expect price to do something dramatic.)
That is beautifull JR97!
  • #94
  • Feb 11, 2009 9:54am Feb 11, 2009 9:54am
Most recent ellipse is identical in size to the previous red ellipses, but different in angle. The angle to the previous ellipse isn't as harmonic which leads me to believe that the larger structure is now rotating.

Just fyi, I don't use ellipses very often anymore and didn't trade any of these that I've shown. In my years of research and experimentation, I've found that price does indeed move within elliptical structures mapping out the path of price within cycles. But by themselves can be dangerous without a lot of other stuff backing them up.

Best of luck in your research and trading.
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  • #95
  • Feb 12, 2009 10:29am Feb 12, 2009 10:29am
Quoting JR97
Most recent ellipse is identical in size to the previous red ellipses, but different in angle....
thanks JR97
for your time and your post
i will try post my real view about ellipses in the next week
in this time im busy with limited time
  • #96
  • Feb 12, 2009 1:33pm Feb 12, 2009 1:33pm
Further to what JR97 said..... I don't think that ellipse is a standalone pattern for trading, however it does give a unique slant as to what is happening...

The ellipses that I use are Fib based...... and there are several other complimentary Fib Tools which combined with the ellipse can give some good indications....

I want to continue in this area as there is a lot to learn re fibonacci and its relationship to long term market movements.
  • #97
  • Mar 1, 2009 12:30pm Mar 1, 2009 12:30pm
USDJPY daily
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  • #98
  • Mar 1, 2009 2:02pm Mar 1, 2009 2:02pm
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Quoting JR97
Updated chart. All red are identical in size and angle. Yellow are identical in size and angle. Walking sequences like these don't last forever. So it enjoy them while they do. (There's actually a larger structure at play and once it's fulfilled expect price to do something dramatic.)

Some interesting drawings here, really.LOL
I like the Big Dogs because I trade like them
  • #99
  • Mar 10, 2009 10:14pm Mar 10, 2009 10:14pm
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Once A Trader Always A Trader.
  • #100
  • May 18, 2010 4:37pm May 18, 2010 4:37pm
hey
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