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Andrews Pitchfork (Median Line)

  • #3,941
  • Jan 31, 2011 8:09pm Jan 31, 2011 8:09pm
I've been looking into Hurst and some his tools...Here's is part of the reason I took this past short. Did a cycle analysis of the euro and these are the time and price projections using hurst's displaced MA technique. Where the displaced ma's cross indicates half of the price and time move of a swing!!
Allow +/- 10% for the price and time projection. The time projection was a little off but the price projection is on point!

Swing trading with ML'S, A/R, and other andrews tools creates some holes...I see my timing and accuracy as a hole. Using this hurst technique will help solve some of these problems
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  • #3,942
  • Jan 31, 2011 9:14pm Jan 31, 2011 9:14pm
stopped out once but still watching this pair.
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  • #3,943
  • Jan 31, 2011 9:29pm Jan 31, 2011 9:29pm
Quoting anthoniex
stopped out once but still watching this pair.
Watch out...rate announcement is eminent! I'm currently short.
  • #3,944
  • Jan 31, 2011 9:45pm Jan 31, 2011 9:45pm
Quoting ShanB
Watch out...rate announcement is eminent! I'm currently short.
I didn't even know NEWS coming, why is the timing dead on
I'm such a country bumpkin....
  • #3,945
  • Jan 31, 2011 10:30pm Jan 31, 2011 10:30pm
Quoting anthoniex
I didn't even know NEWS coming, why is the timing dead on
I'm such a country bumpkin....
lol...nice timing. Watch out for the spreads because they'll catch you whether or not your timing is spot on!
  • #3,946
  • Feb 1, 2011 1:40am Feb 1, 2011 1:40am
...
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  • #3,947
  • Feb 1, 2011 2:01pm Feb 1, 2011 2:01pm
Dollar bounce off the lower median line.
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  • #3,948
  • Feb 1, 2011 2:49pm Feb 1, 2011 2:49pm
Got stopped on both stubborn eurusd and usdchf. Meanwhile my no brainer daily ema100/stoch8-3-3 method is working very well.
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,949
  • Feb 1, 2011 3:01pm Feb 1, 2011 3:01pm
Quoting ShanB
I've been looking into Hurst and some his tools...Here's is part of the reason I took this past short. Did a cycle analysis of the euro and these are the time and price projections using hurst's displaced MA technique. Where the displaced ma's cross indicates half of the price and time move of a swing!!
Allow +/- 10% for the price and time projection. The time projection was a little off but the price projection is on point!

Swing trading with ML'S, A/R, and other andrews tools creates some holes...I see my timing and accuracy as a hole. Using...
ShanB, this looks very interesting, could you point to a link, or is it from these tradingfives ebooks ? I have only read C. Boroden and R. Miner, but I just gave up after some 1,5 years of trial and error.

And I am still trying to understand how exactly you apply the Fib time tool on MT4. How can you be sure you have started at the right high/low ? Sorry for the dumb questions, maybe someone can help and it might be useful for other readers too.

Thank you.




_____________
michael
Be like water.
  • #3,950
  • Feb 1, 2011 3:24pm Feb 1, 2011 3:24pm
GU big picture

http://img21.imageshack.us/img21/735/ensign.png
  • #3,951
  • Feb 1, 2011 3:38pm Feb 1, 2011 3:38pm
EurUsd
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  • #3,952
  • Feb 1, 2011 3:39pm Feb 1, 2011 3:39pm
GU small picture

http://img197.imageshack.us/img197/3315/ensigne.png
  • #3,953
  • Feb 1, 2011 3:57pm Feb 1, 2011 3:57pm
Dear msmarple! There is no real bad way to apply the fibo times tool. First you need to change the values of the MT4 Fibo TimeZones tool from 0-1-2-3-5-8-13-21-34 to the values you can find in Carolyn book. Then I suggest you do read and understand the 3 chapters about fibo timing in her book. BTW have you got my email?
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,954
  • Feb 1, 2011 5:01pm Feb 1, 2011 5:01pm
Quoting msmarple
ShanB, this looks very interesting, could you point to a link, or is it from these tradingfives ebooks ? I have only read C. Boroden and R. Miner, but I just gave up after some 1,5 years of trial and error.

And I am still trying to understand how exactly you apply the Fib time tool on MT4. How can you be sure you have started at the right high/low ? Sorry for the dumb questions, maybe someone can help and it might be useful for other readers too.

Thank you.
_____________
michael
Hey msmarple, unfortunately applying this tool is anything but easy lol. I was exposed to it through the tradingfives ebook, but studied it further through other sources.

If you do a search on "Simba Con Man" there is a gentleman who started a thread and uses this technique. He uses a digital filter to find dominant cycles and then applies the MA technique on the relevant cycles. This is what I did...as you can see the last prediction made in the euro did not play out! I will continue to try this technique out...but it is a hit or miss at times.

One thing I am noticing is that timing does not have to be strictly forecast based. Indicators show a time aspect...It is just through a different lens. If one is using a momentum indicator, and at a point there is a regular divergence into a P5...this is Time!

If you read Gkiberd's "Traders Dream" he expands on this concept...this is where I will probably go next...doing some work with RSI and Cardwell as we speak!
  • #3,955
  • Feb 1, 2011 5:08pm Feb 1, 2011 5:08pm
Quoting ShanB

If you read Gkiberd's "Traders Dream" he expands on this concept...this is where I will probably go next...doing some work with RSI and Cardwell as we speak!

Hard to do since the free forum was taken down at Marketgeometry.
  • #3,956
  • Feb 1, 2011 5:12pm Feb 1, 2011 5:12pm
Quoting auxesis
Hard to do since the free forum was taken down at Marketgeometry.

If you do a search for a naked trader you will find what you are looking for! Gkiberd is on this forum as well...what's better than going straight to the source. I'm sure this comment is probably for others...you've probably been there done that auxesis!
  • #3,957
  • Feb 1, 2011 5:43pm Feb 1, 2011 5:43pm
Quoting ShanB
Hey msmarple, unfortunately applying this tool is anything but easy lol. I was exposed to it through the tradingfives ebook, but studied it further through other sources.

If you do a search on "Simba Con Man" there is a gentleman who started a thread and uses this technique. He uses a digital filter to find dominant cycles and then applies the MA technique on the relevant cycles. This is what I did...as you can see the last prediction made in the euro did not play out! I will continue to try this technique out...but it is a hit or miss at times.

One...
Gann mysteriously noted that “The future is a repetition of the past". Some would say it's better stated as reflected in the past.

Regards,
  • #3,958
  • Feb 1, 2011 9:20pm Feb 1, 2011 9:20pm
Quoting anthoniex
...
short GU
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  • #3,959
  • Feb 1, 2011 9:38pm Feb 1, 2011 9:38pm
Quoting msmarple
ShanB, this looks very interesting, could you point to a link, or is it from these tradingfives ebooks ? I have only read C. Boroden and R. Miner, but I just gave up after some 1,5 years of trial and error.

And I am still trying to understand how exactly you apply the Fib time tool on MT4. How can you be sure you have started at the right high/low ? Sorry for the dumb questions, maybe someone can help and it might be useful for other readers too.

Thank you.




_____________
michael
Joe Duffy' books have simple and straightforward uses of FibTime tool. There's a fairly new book from WAVE59 about cycles but I can't afford it...

As far as GKiberd's material, I'm not familiar with it. Maybe he, himself, would be kind enough to share it here or direct us to where we can find it...

ant-
  • #3,960
  • Feb 1, 2011 10:32pm Feb 1, 2011 10:32pm
Quoting anthoniex
short GU
will I get stopped out soon, or ...
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