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  • #41
  • Dec 29, 2012 9:27am Dec 29, 2012 9:27am
Hi Bluemental ,

I read your posts , and there were smokes coming out of my ears when I was trying to understand what u were telling But honestly I was amazed that you obtained 1,2996 in the end of ur calculations. There is still a secret interrupter in my mind asking "How can it happen? Can the trends of the market be explained or understood under the light of mathematical or geometric formulas?" ... But all of the things you told about the angles etc , they all support each other , and its quite meaningful in the end as a whole. I had heard about the square of nine but ı was never able to understand how to use it or how to understand wat it means Its so kind of you that you explained the usage of it on a recent example ...

Here comes the question ... If the targets of the trends can be calculated like this with mathematical aproach , then it can be programmed as an indicator ... I can guess and see that you constantly are in a process of thinking , and writing them down makes u notice new details ... I am sure we are created with the ability of decoding the art of God or the Creator or the Energy (watever you call it) , and the pleasure we get while decoding it is undefinable ...

I downloaded Gunner24 , although it took some time for me to understand how it works , in the end I was able to understand it a little , and the perspective is quite similar to mine. The only roblem is the scale on our MT4 charts. If we had a giant screen and used non-scale charts then it wud be amazing to use those tools. So for now The FibArcs are quite nice , because they are adjustable...

Gann ... a total mystery ... I wish I knew him . I am terrible at Maths , I studied literature , nowadays I regret that I didnt study Maths instead of literature. This universe really (and everything within this universe) has a sharp and stricty authority !! I wish I cud also put forward essential things like you , but I really feel like a loser now

Regards ...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #42
  • Dec 29, 2012 10:49am Dec 29, 2012 10:49am
Quoting selym_co
Hi Bluemental ,

I read your posts , and there were smokes coming out of my ears when I was trying to understand what u were telling But honestly I was amazed that you obtained 1,2996 in the end of ur calculations. There is still a secret interrupter in my mind asking "How can it happen? Can the trends of the market be explained or understood under the light of mathematical or geometric formulas?" ... But all of the things you told about the angles etc , they all support each other , and its quite meaningful...
Ok, I will try to make this explanation short. The answer is in a way simple, but it has complications added. In short, we can not predict anything at all. What we can see though is the way she moves and by knowing the way she moves, we have the edge. When we see that she might do a or b in a given situation, the very second she starts the move towards a, we can open the trade. We know that the a move will reach at least x-price, so though we could not truly say EurUsd will go up and reach x, what we can say is we know the possibilities, and by observing her movements, we know once she has chosen one of those possibiities that we have a 90% (no lies, it is that certain) that we will get x many pips.

Quote
Here comes the question ... If the targets of the trends can be calculated like this with mathematical aproach , then it can be programmed as an indicator ... I can guess and see that you constantly are in a process of thinking , and writing them down makes u notice new details ... I am sure we are created with the ability of decoding the art of God or the Creator or the Energy (watever you call it) , and the pleasure we get while decoding it is undefinable ...

Once again, here the answer is no. The trends can not be calculated. Only the possibilities (and there are many possibilities). We (humanity as a whole) have not yet been able to do this mathematically or with code by computers. If this was true, there would be no traders, only intelligent computers, which would change the whole energy flow so that the programs no longer work anyway. With regards to the Creator, simply by naming it at all, confines and restricts it. It is everything. It is energy. It is the nothing within which the all is held. It is the all in which 'nothing' can not exist. It is the paradox of paradoxes that can not even be imagined, yet alone named. And we are a small part of it! We are the gears, the wheels within the wheels. Without us, there is no Creator. Without the Creator, there is no us.

Quote
I downloaded Gunner24 , although it took some time for me to understand how it works , in the end I was able to understand it a little , and the perspective is quite similar to mine. The only roblem is the scale on our MT4 charts. If we had a giant screen and used non-scale charts then it wud be amazing to use those tools. So for now The FibArcs are quite nice , because they are adjustable...

The way to set up the scale is exactly as you did to find 103 for EurUsd. You have to twist and stretch, zoom in and out with the FibArcs until you find that your Arcs (ellipses, circles, it doesn't matter) fit in the 'bigger picture'. Then you stretch/compress your chart until that FibArc is as circukar as you can get it. Then you use Gunner24. The next part of my explanation will give you more insight. So far I have discussed Pyrapoint. If you downloaded the two templates and set the scale of the chart to 'Scale Fix' so you can stretch and twist it, then zoom out fully. The first template took hours to do. With all the calculations as I described them and made the post. The second template, took perhaps 10 to 15 minutes. You might not yet be ready for the paradigm shift, but I think you can see the start of it at least. Realise that only by knowing the 'details' to make the first template, (The calculations and slow build up of it took maybe 4 or 5 hours, but the learning curve to get that far took years) is what allowed me to make the second template in minutes.

Quote
Gann ... a total mystery ... I wish I knew him . I am terrible at Maths , I studied literature , nowadays I regret that I didnt study Maths instead of literature. This universe really (and everything within this universe) has a sharp and stricty authority !! I wish I cud also put forward essential things like you , but I really feel like a loser now

Maths, believe it or not, is a language. It is to me not my natural language. It is something I use but not very well. My brain is strange in some ways. I did not bother to learns the basic times table when I was young at school. (you know the story - 1x1=1, 2x2=2, 4x6=25 etc. repeated over and over and over.....) So now, I STILL do not know basic multiplication. I have to add (and count with my fingers!) basic things like 7 x 6. But for some weird reason, in complicated maths I find some of it very easy. In some things, I can just tell you, no calculations, no theory, no thought at all, just an inside 'knowledge' what thickness and type of steel you need to support the machine or whatever it fits in. Then the engineers laugh and go do their three weeks of computer simulations and calculations and theory, and eventually they ask, "But how did you figure it out?" It is not something I can answer, because I do not know how. I do not care to know how I know stuff like that either.

Some people are great with Maths, some with literature, some with music, some with healing others. You 'lose' in some things but you 'win' with others. We are all losers my friend. That is what makes us all winners.

A thought, about the way you (and almost everyone) uses the words 'The Universe'. Bucky Fuller simply called it Universe. Universe is ALL. No 'other' universes. The dimensions, galaxies, all and nothing are all within Universe. Bucky Fuller said Universe. Others say God.
  • #43
  • Dec 29, 2012 10:57am Dec 29, 2012 10:57am
Quoting selym_co
Hi Bluemental ,

I read your posts , and there were smokes coming out of my ears when I was trying to understand what u were telling But honestly I was amazed that you obtained 1,2996 in the end of ur calculations. There is still a secret interrupter in my mind asking "How can it happen? Can the trends of the market be explained or understood under the light of mathematical or geometric formulas?" ... But all of the things you told about the angles etc , they all support each other , and its quite meaningful...
On a separate reply...

You find it amazing that after all the calculations, (The Engineers spending three weeks with computer simulations.....) that I obtained 1.2996. You do not find it amazing that with some circles and a bit of thought, you came up with the same number. You do not find it amazing that the calculations show that there is a big possibility (because the current price is so close to a big change meridian) which you saw WITHOUT a calculator? You do not find it amazing that you see patterns and flows in graphs that others think only maths can 'understand'?

You state you feel like you are a loser. What you actually are is (C)loser than most others ever get to seeing the magic in all things. We are not robots (well some of us aren't anyway). To quote Ella Fitzgerald.... "It don't mean a thing, if you ain't got that swing."
  • #44
  • Dec 30, 2012 4:25pm Dec 30, 2012 4:25pm
Hi BlueMental ,

I was in the mountain hause , and I didnt have internet there. Thats why ı just had the chance to read ur messages. Thank you very much for your kind and supportive words.

Yes , you are exactly right about the possibilities , whatever we know or plan the predictions we make are just possibilities , that is why we need money menagement rules in our system , and it is maybe the biggest part of trading. Once , when I first met Forex , Elliot Wave theory was the first thing ı wanted to learn , because it was really interesting to me. But after lots of time of studies I had discovered that you wud have only possibilities of possibilities of possibilities. It was freaking me out . Then I tried many other topics and It was really late when I discovered that money menagemnt was an important task to achieve

But on the other side its really amazing to see that the market even has human-like characteristics and measurable responds. Gann , being a symbolic person , proved to many people that the market is more than "coincidence". I have much to learn from you , I try to read ur thread when ı have time and internet connection. Today ı was digging and digging the floors (a kind of construction thing in the mountain hause) so ı feel a bit tired.

I wanna be ur friend , Thanks ...Regards..
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #45
  • Dec 31, 2012 5:21am Dec 31, 2012 5:21am
Quoting selym_co
Hi BlueMental ,

I was in the mountain hause , and I didnt have internet there. Thats why ı just had the chance to read ur messages. Thank you very much for your kind and supportive words.
Hi selym_co, you do not have to apologise for not instantly replying. I understand that life is life and I do not expect anyone to drop what they are doing to reply. The words I type will not go away for a long time. There is no hurry.

Quote
Yes , you are exactly right about the possibilities...
...Elliot Wave theory...
...I discovered that money menagemnt was an important task to achieve

As you (L)earn (By the way I think your line using this is brilliant), what seems at first complicated becomes more simple. I am only now starting (and the important word is starting) to be able to see things on an empty Bar chart just by looking at it. OK, The HH, LH and trend breaks I have been able to see (as everyone can after they have already happened) but I am beginning to see details that I usually need some kind of line/indicator/ellipse or something else to see them.

As far as Elliot waves are concerned, they too are patterns, and I too can not see them. Yes, I can see parts of them, but there are so many 'extra' things, like 3 waves or extended 5 waves and and and,,, Too complicated for me. Did you know that Gann and Elliot were cousins?

As far as the possibilities, with fair use of Money Management (which I STILL do not use properly after trashing 5 accounts) and knowing just enough to see 50 bars direction if she moves X way. That in itself is worth Millions.

The longer the timeframe, the more capital needed to trade. Obviously the greater rewards too. But Trading on M5, I regularly reach 40 pip profits. If not every day then perhaps the following day. My problem is bad money management. I am stubborn and I say (to myself) i KNOW the price will reach my target, even after she (price) has shown me that NO! I am sleeping on the couch and roses and apologies will not change anything. So I do not close those positions that I should.

Quote
But on the other side its really amazing to see that the market even has human-like characteristics and measurable responds. Gann , being a symbolic person , proved to many people that the market is more than "coincidence". I have much to learn from you , I try to read ur thread when ı have time and internet connection. Today ı was digging and digging the floors (a kind of construction thing in the mountain hause) so ı feel a bit tired.

To me, the most amazing (or surprising) thing is that most people do not or can not see the human characteristics and responses.
Good old fashioned 'sweat equity' is good stuff. Something made by your own hand holds more value than if it were bought and installed by 'technicians' for 10 times the price. That tiredness also feels good. Read when you can if you want to. I offered some new insight on my thread regarding the Gann/Gunner/Pyrapoint/Circles stuff. I stated clearly that I was only prepared to go into it if those reading were prepared to work at it. You might notice that there is almost zero chats about it on my thread. But there are chats about it here.

Nothing comes for free. The 'sweat' of the brain is no different from the sweat of digging to build something in your Mountain House. In fact, the sweat from the brain is more tiring most of the time. When you dig, you can see the hole. When you 'dig' in the mind, it sometimes feels like you are just scooping water out of the ocean and there is nothing to 'see' to show you that what you are doing is actually worth something.

It might be because of the Date. Christmas and New Year. To me, I have a simple clock. If the sun is shining, it is day time. If not, it is night time. Monday, New Years Day, any other day are all the same to me. A day I have the good fortune of being alive to appreciate. To many others, certain days are 'worth more' than others and some days are for being happy and others for being sad. To me, that is more complicated than Elliot Wave Theory! I sleep when I'm tired, I eat when I'm hungry and I laugh when I'm happy. Some say that is a zen thing. I see it as simplicity.

Quote
I wanna be ur friend , Thanks ...Regards..

You already are my friend, my friend.

I once saw a child's TV show where the character saud 'There is no such thing as enemies. They are only friends that are trying to kill you.' It is funny. It is also true.

Keep Well.
  • #46
  • Dec 31, 2012 9:38am Dec 31, 2012 9:38am
Quoting selym_co
Sorry , I was outside , and I just arrived home and saw ur posts. I can smell some engineering process of thinking in ur approach to the market. The suggestion you made was interesting (yes i tried it too) but wat i saw while using the circles is (unlike kambooj) their center shud start from a single point (top or bottom). Because the traned starts from some point , and the angles of the supports and the resistences are all related to that point.I mean they have a kind of geometric relationship. I prepared a NZDUSD example for that purpose...

I realized the LONG NZDUSD with +57 pips

Now the price is at a good place and gives us a good opportunity to enter a SHORT trade. I will be targeting something like 250 pips , time will show...EURUSD shud also accompany the bears during this south-direction trend. I was expecting it to be until the end of Wednesday , but the unwilling responds of the market makes me doubt about it...

Anyway , I will finish this message with two quotations :

What this power is I cannot say; all I know is that it exists and it becomes available only when a man is in that state of mind in which he knows exactly what he wants and is fully determined not to quit until he finds it. - Alexander Graham Bell

"All the world's a stage, And all the men and women merely players: They have their exits and their entrances;... " - ShakespeareI do not know why I wrote them down here , but they are quite meaninful. By the way here is the screenshot :


http://img824.imageshack.us/img824/7704/nzdusdu.gif

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #47
  • Dec 31, 2012 3:43pm Dec 31, 2012 3:43pm
Quoting selym_co
I realized the LONG NZDUSD with +57 pips

Now the price is at a good place and gives us a good opportunity to enter a SHORT trade. I will be targeting something like 250 pips , time will show...EURUSD shud also accompany the bears during this south-direction trend. I was expecting it to be until the end of Wednesday , but the unwilling responds of the market makes me doubt about it...
Are you live trading or only demo?

Quote
Anyway , I will finish this message with two quotations :

What this power is I cannot say; all I know is that it exists and it becomes available only when a man is in that state of mind in which he knows exactly what he wants and is fully determined not to quit until he finds it. - Alexander Graham Bell

"All the world's a stage, And all the men and women merely players: They have their exits and their entrances;... " - ShakespeareI do not know why I wrote them down here , but they are quite meaninful. By the...

If you want to discover something Amazing, Google 'Think and grow rich by Napolean Hill', writen in 1938. It is an incredible book. A single quote from the 1st Chapter, "Thoughts are things."

That power that Alexander Graham Bell speaks of in that quote, is described and explained in this book. It gives you step by step information on exactly what that power is, and how to use that power. The funniest thing about it all, is that those who know this power best are children. But their parents, schools and other things (like News) slowly eat away their power until they are powerless robots.

Two things that say it clearly, one an old saying, the other is mine.
1. Can't? Knock off the 't and you Can.
2. When in doubt. You are out.

Just as a matter of interest, earlier today I went long with (you guessed it) GbpJpy and I was using FibArcs and Magic Monster (chart one, not in separate window). I set TP @ 30 pips, not expecting much more. Then I did other stuff. A pity I was not around, it went up 180 pips. I re-entered later, but right at the top end and only made 6 pips. I closed on 6 because MBTrading is shutting down at 5PM today till 5PM tomorrow for the New Years Day, so I could not trade any further.

I am happy. I made a small losing trade earlier today, (-18 pips) so all in all I have more than I started with. Not much, but each bit counts. My capital is 1.45% more.

Most people worry about how much $ they make or lose. $ is not important at all. It is ALL about % The percentage compounded is what makes $. By focusing attention on how much $ you are 'winning' or 'losing' just puts more stress into the trade. If you are trading a micro account, $1.00 is worth far more than $1000.00 to a millionaire account. In the end, forget about 'made profit' or 'lost profit' because even the money you made, is not truly made until you withdraw it from your account. Until then, it is nothing more than a possible profit.

When you go out to watch a movie, you consider the money you spent gone for the entertainment. You should think the same of money you put in your broker account. You can not lose what you have already 'lost'. The money you put in your account, if thought of as the money you spent on a movie, as payment for entertainment, or (L)earning fees, holds less 'stress' than if you think of it as money you HAVE to keep.

When you are stressed (you doubt.... you out) you make more mistakes. The more mistakes, the more you stress. Like a dog chasing it's tail.

There are lots of 'little things' like this that change the way you see and do things. Not only trading, but life in general. It is like the prisoners who only see the bars, compared to the one prisoner, who sees the garden outside the bars.

Please tell me when you have read and messed around with the stuff I wrote about Pyrapoint and you have checked and played with the grids in the two templates. Then I can move on to the next part worth looking at.
  • #48
  • Edited 4:31pm Dec 31, 2012 4:17pm | Edited 4:31pm
Quoting BlueMental
Are you live trading or only demo?...
Its not live at the moment. I will go to the army in april , and I just lost my father (3 months ago) so I have been messing around with the formalities since that time. Even there are still things to accomplish , and its the worst thing to challange against the formalities ... So I wont be trading live until I come from the army...


Quoting BlueMental
Two things that say it clearly, one an old saying, the other is mine.

1. Can't? Knock off the 't and you Can.
2. When in doubt. You are out.

When you are stressed (you doubt.... you out) you make more mistakes. The more mistakes, the more you stress. Like a dog chasing it's tail.
Both of the sayings are tooootally right. For a while in my student times I was reading and reading about the Quantum Theory all the time , and the book The Secret started a new page in my life. The universe is a biiig network (energy) from which we can download data or upload data. I mean our brains are great tools which can interfere with that energy. So the moment we achieve to set up a connection with that network , the closer we get to Nirvana


Quoting BlueMental

I am happy. I made a small losing trade earlier today, (-18 pips) so all in all I have more than I started with. Not much, but each bit counts. My capital is 1.45% more.
I think here comes the rule that we shud chose the most suitable and best timeframe which fits in our personality and social life. I used to use H4 timeframe when I was a student and I had my computer with me even at school , and I made profitable trades like that. But things became ultra-worse when my father became ill and I started staying at the hosital with him. And I didnt stop trading assuming that I cud overcome every problem. I didnt mind the stress , sadness and disorder in my life ... and it made me lose lots of money... see? I am one of those who learn by experience , not by observations


Quoting BlueMental

Please tell me when you have read and messed around with the stuff I wrote about Pyrapoint and you have checked and played with the grids in the two templates. Then I can move on to the next part worth looking at.
There are many things to read , maybe u are not aware of it , but u know lots So today I was reading the parts in ur thread about Gann , square of nine etc...I read them slowly .. I will not change my style , but I believe that ı shud deserve the money I make in forex market , and "digging" is "studying" here ... And the more I learn , the more ı see ... And the scene is amazing , harmonic , symmetric ...Thats why it might take long for me to complete all of the things...I also have a notebook here where ı write the results of my studies , so nowadays ı have much to write there. Anyway , I ll definetely try my best to learn more from you ...

Regards...Take care
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #49
  • Dec 31, 2012 5:36pm Dec 31, 2012 5:36pm
Quoting selym_co
Its not live at the moment. I will go to the army in april , and I just lost my father (3 months ago) so I have been messing around with the formalities since that time. Even there are still things to accomplish , and its the worst thing to challange against the formalities ... So I wont be trading live until I come from the army...
I 'lost' +- R40 000 (ZAR - South African Rand which is now +- $4800 USD) over a period of 3 years. Some friends think I am mad, I call it University Fees. Almost everything we learn of value, comes from the REAL school of hard knocks. Life is not fair. Life is not a 'live happily ever after movie".

Life (as you know) has real losses, like your Dad. Real situations, like having to go to the army. Real situations, like profitable trade or lose!

My Dad used to say, "If you want fair, go to the Funfair."

Quote
Both of the sayings are tooootally right. For a while in my student times I was reading and reading about the Quantum Theory all the time , and the book The Secret started a new page in my life. The universe is a biiig network (energy) from which we can download data or upload data. I mean our brains are great tools which can interfere with that energy. So the moment we achieve to set up a connection with that network , the closer we get to Nirvana

One slight difference. The universe is a network of energy from which we do download and upload data, even if we do not know we are doing it. As you understand more about this network, the things you do impact your reality far more than before you knew what you were downloading and uploading. It is like your karma (or 'life payback') comes way quicker. It is only 'Nirvana' if you make it so. Some prefer to see only bad and by doing so make it Hell instead.

Quote
I think here comes the rule that we shud chose the most suitable and best timeframe which fits in our personality and social life. I used to use H4 timeframe when I was a student and I had my computer with me even at school , and I made profitable trades like that. But things became ultra-worse when my father became ill and I started staying at the hosital with him. And I didnt stop trading assuming that I cud overcome every problem. I didnt mind the stress , sadness and disorder in my life ... and it made me lose lots of money... see? I am one...

There are only 2 rules in life....
Rule number one, there are no rules.
Rule number two. Ignore Rule Number One.

Life is choice. We can chose dumb things and in return, life gives us dumb results. We can choose good, calculated, conscience based things, and in return.....

Quote
There are many things to read , maybe u are not aware of it , but u know lots So today I was reading the parts in ur thread about Gann , square of nine etc...I read them slowly .. I will not change my style , but I believe that ı shud deserve the money I make in forex market , and "digging" is "studying" here ... And the more I learn , the more ı see ... And the scene is amazing , harmonic , symmetric ...Thats why it might take long for me to complete all of the things...I also have a notebook here where ı write the results...

By discussing, sharing info, 'uploading our ideas' we are changing our styles. This is how the pattern goes. The pattern of life. Change is constant, that is the only thing that does not change. It is all waves. Surf!
  • #50
  • Jan 2, 2013 4:19am Jan 2, 2013 4:19am
Quoting selym_co
EURJPY ... The pair is close to perfect too , this speciality makes it measurable. As you can see in the picture the price is ruled by strict circles which act as supports and resistences. EURJPY has recently broken a strict and strong circular resistence which really dominated the price before , and changed the direction of the pair. Anyway , the circular area in which we are now is the danger zone and the price might move veeeery fast at once to the target . So explosive (bullish)...

Target reached ... EURJPY has reached its circular traget zone , and the trend between two circles was as explosive as we predicted. So here comes another speciality about the usage of the circles ; we can make distinguishments for our predictions like explosive or choppy. Anyway , here we have anice opportunity to SELL this pair ...It will be logical to realize the profit at the %50 circular support , and still there is a possibility of explosive bearish trend...


http://img541.imageshack.us/img541/3964/eurjpy1.gif

Target reached

http://img577.imageshack.us/img577/9977/eurjpyg.gif

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #51
  • Jan 2, 2013 5:48am Jan 2, 2013 5:48am
Hi,

Interesting thread and very nice replies from contributer. I was reading the hole posts and found very helpfull from both of you the way of calculating targets. However, first posts from you mentionned: A [ Date + Price ] prediction : 2-6 January - 1,3415 - 1,3435, but recently you change your mind and try to have 1.2996 as TP. Why this change happened?

File attached, gives a little contribution to your thread regarding using FIB ARC. At the first time, looks like respecting FIB value, but the great problem is that arcs change when you enlarge scale and vice-versa.

My problem is that prices are easier to find in terms of support and resistance than time which remains very very difficult, seen support and resistance for time is trend changing.

Sure predicting is noted as impossible, but i have in mind the famous sentence of GANN: "it must go there"

Whish to you both good trading.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR.jpg Size: 88 KB
Little luck is forex water. Learn all Trading strategies, then forget them.
  • #52
  • Jan 2, 2013 6:39am Jan 2, 2013 6:39am
Quoting Alki
Hi,

Interesting thread and very nice replies from contributer. I was reading the hole posts and found very helpfull from both of you the way of calculating targets. However, first posts from you mentionned: A [ Date + Price ] prediction : 2-6 January - 1,3415 - 1,3435, but recently you change your mind and try to have 1.2996 as TP. Why this change happened?

File attached, gives a little contribution to your thread regarding using FIB ARC. At the first time, looks like respecting FIB value, but the great problem is that arcs change when you enlarge...

First of all ı shud confess that ı am so happy that people are so eager to join the discussion and share their opinions. This speciality of the "thinking" brains make this forum different than the others where they just seek indicators or robots.

The [date+price] prediction is what I am trying to do at the moment , and honestly I have not found the exact method for making such predictions. But when you study the pitchforks you can meet a term called "energy points" which is mostly used by Timothy Morge ( a great picthfork trader who has his commercial teaching sets etc). According to that usage the intersection of truely drawn median lines can help us to predict the [date+price] . After some trials I have seen that the issue of "intersection" is not a very innocent thing. The intersections of truely drawn channels or trendlines act as magnets and the price is the one who decides to obey or disobey. So while making predictions I try to mark the intersections on my chart with an experimental perspective , and %70 I fail .

I will show four screenshots with energy points on them to make u understand what I meant...

The first picture is the big scope which made me expect to go to 3415-3435s on 2-6 January ... And the second picture is the zoomed version of the first picture to see the exact intersection of the three tools : FiboArc and two different angled ascending equidistant channels ... the intersection is 3415-3435s on 8th January ... lets say 7-9th of January.

As a summary : There is an energy point at 7-9th January at 1,3415-1,3430s (acting as a magnet)

http://img692.imageshack.us/img692/9481/largescale.gif

http://img585.imageshack.us/img585/8242/zoominw.gif


Well , we are trying to make money in this market. So It will be essential to see inner magnets (energy points) too. We shud confess that the price is still moving at the orbit of an energy point at 2660s . The further the price goes , the less attraction between the price and the energy point (2660s) becomes. And the price will move with an explosive trend to the big magnet (3415s) when the attraction of 2660 magnet cannot hold the price anymore. So here is the picture which shows the circular limits (supports and resistences) of the 2660 attraction. And when we look at the price action its is easy to see a pinbar accelently located on the circular resistence which shows that 2660 is still trying to attract the price against itself. So here the inner target is the area which is marked with red in the picture ... It is the intersection of the trendline , Fibo %23 level , the circular support , the equidistant channel support ... That energy point is at 1,2970s on 4th-6th of January.

As a Summary : There is another magnet at 1,2970s on 4-6th of January

(The second pic is the zoomed version)

http://img812.imageshack.us/img812/3649/complex.gif

http://img689.imageshack.us/img689/8...plexzoomin.gif

While writing this message I am also watching the challenge between energy points , we do not have to know the victory , all we need to do is to be well prepared for the possibilities of this battle. We are warriors , and a trader is like a commander ! Hide ur soldiers in the bushes (pending orders at the best levels) and watch the battle...

I hope ı was clear enough...regards...



Imagination rules the world ...
Selym Hyll Return This Year: na
  • #53
  • Jan 2, 2013 6:58am Jan 2, 2013 6:58am
Quoting selym_co
XAUUSD ... Gold is one of the pairs which mostly respect the golden ratio , but it is also essential to accept the existence of sharp target desire in us , so we need to include the deviation in our calculations or strategies. As seen in the icture the price really respects the circular trend-waves , and the price is right above a very strong support now. The possible targets of the price are marked on the picture assuming that :

[ The duration of the previous swing = The duration of the upcoming swing ]


Its the topic on which i am studying at the moment , but even the durations of the swings seem to have the golden ration among themselves.But ı do not have enough clues to prove it for now

http://img836.imageshack.us/img836/8227/altn2.gif



XAUUSD ... I didnt expect the price to reach the target this fast , I realized the profit when I woke up in the morning with +430 (didnt wait for the target) .. Anyway , its a nice opportunity to SELL this pair , and locate the pending BUY Stop orders right above the bushes A bearish trend which starts here might form a double circular bottom at 1650s , or might start its journey towrads deeper levels after penetrating the circular support. But we shud all be aware that there is a bearish attack , and 1690s are the bushes where bears were hiding , and now they are attacking the bulls...

http://img507.imageshack.us/img507/8053/goldu.gif



Imagination rules the world ...
Selym Hyll Return This Year: na
  • #54
  • Jan 2, 2013 7:52am Jan 2, 2013 7:52am
EURUSD ... Can you see the battle zone within the blue circle ? That circular resistence is the last castle that the bulls shud conquer if they want to go upwards. And it seems that bulls are strong enough to break the attraction between the price and the 2660 magnet. In case the attraction is broken , then the exlosive trend shud carry us to 3415-3435s faster than we can ever imagine Well...time will show everything , and all we need to do is to watch the battle...

http://img11.imageshack.us/img11/8263/eurusdx.gif

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #55
  • Jan 2, 2013 11:16am Jan 2, 2013 11:16am
Quoting selym_co
EURUSD ... Can you see the battle zone within the blue circle ? .... Well...time will show everything , and all we need to do is to watch the battle...

Who won the battle?

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #56
  • Jan 2, 2013 11:44am Jan 2, 2013 11:44am
EURUSD ... The day has not ended yet , but if the daily candle closes at these levels right below the previous candle , then it will be a confirming formation for the 2970s magnet. Here is the picture ... it can be accepted as the footprints of the big sharks in this market ...

http://img834.imageshack.us/img834/9125/candlep.gif


I wrote it in the first post , but every trader shud read this thread :

http://www.forexfactory.com/showthre...7919#post17919 - [james16 Chart Thread]

And this picture summarizes the situation we are in ...

http://img713.imageshack.us/img713/2631/candle2.jpg

Imagination rules the world ...
Selym Hyll Return This Year: na
  • #57
  • Jan 3, 2013 2:06am Jan 3, 2013 2:06am
Quoting Alki
Hi,
Interesting thread and very nice...
...2-6 January - 1,3415 - 1,3435, but recently you change your mind and try to have 1.2996 as TP. Why this change happened?
To answer this in one post is not possible. I shall give it my best shot.

First, go take a look at this post of mine on mql5 forum :-
http://www.mql5.com/en/forum/9454

By looking at the Gann Grids and the Magic Moving Channels Indicator, you can recognise that the price action, while following a 'general' highway, changes lanes often. Predominantly those 'lane changes' stay within 3 basic lanes. In other words the price action swaps to an adjacent lane but usually stays in the '3 lane range'.

The 'lanes shown in the zoomed in view of the H4 chart are 'sub-lanes' within the zoomed out H4 depicted Gann Grid 'Base Lanes'. Those same H4 'base lanes' are sub-lanes on a D1 chart. This continues no matter how far you zoom out or in. The tick chart 'lanes' are sub-lanes of the M1 chart, etc. etc. and so on into infinity..

http://img233.imageshack.us/img233/1...nechanging.png

The picture above (GbpJpy M15) shows that when more than 1 lane is changed in the Red Grid (Primary Lane), She 'changed vehicles' to the Blue Grid (Secondary Lane). While she wants to go see the movie (Red - Primary), she also wants to get her nails done (Blue Secondary).

http://img839.imageshack.us/img839/3...ondarylane.png

So in each 'vehicle' There are two Base directions. Continue current course, Or go up or down depending on which direction current course is.

The other option is to 'change to the faster lane' of the same vehicle. In other words swap from current Red Lane to 1 higher or 1 lower but stay in Red vehicle. The 'lane swap' is usually done at the same angle as 'Blue vehicle'. She just can't NOT think about her nails, even though she is still focused on getting to see that movie.

Now we, as men sit and try to predict the wants and moods of women. So we 'think' as we can so 'obviously see' that her primary goal is to go see that movie. When Kabam! out of the blue, she does (to her the obvious) change of direction and goes instead to the other side of town to get her Smoked Salmon and Cream Cheese Bagel.

The key, is not in predicting her. The key is being capable of sensing (and recognising) that though she WAS going to see the movie, that right now, this very instant, she has changed lanes completely and is heading at an explosive rate for the Bagel Deli. THAT we can use.

Predicting where the price will be 5 years from now.... Will mankind exist 5 years from now? We might be in another dimension, or we might have woken from the dream that we were humans on a planet called Earth, or we might be humans on a planet called earth thinking... wow, I really thought she was heading for the Bagel deli 5 years ago. How dumb could I have been?

Quote
...but the great problem is that arcs change when you enlarge scale and vice-versa.
The primary x-axis unit is 1 minute. If you open up a 1 minute chart, and draw a regular trend line from a high to a low spanning several days. When you change timeframes, that line remains on those two points. You can follow it as far as the D1 chart, but not the weekly and monthly charts.

If you go back to the M1 chart, and draw a single FibArc, with the "Ellipse" checked, and only one Level set as 1, with the scale set on 1, with the centre of the arc on the high of the trendline, while the endpoint of the FibArc Setting line is on the end low of the initial trendline.

You then change timeframes to H4. As you say, the FibArc now shows 'wrong'. But now change its setting to 240, because in M1, 1 bar = 1 minute, while in H4, 1 bar = 240 minutes. You then discover that the Fibarc (though it might not look the same shape), touches the bars and highs and lows in exactly the same places as is does in M1 with scale set to 1.

When selym_co changes his scale to 103 or whatever, he is converting the Fibarc into an ellipse. If you use the timeframe period as scale, then mathematically your FibArc is a circle. It does not LOOK like a circle because of the scale representation. But it IS a circle.

If you have an ellipse. Let us say you find the ellipse of 100 scale useful in the H4 timeframe, and you now wish to use that same ellipse in an M5 chart.... 100/240*5=2.08 So you set the scale to 2.08 and you now have the same ellipse in the M5 chart.

A point worth knowing, the scale settings of the FibArcs only go to 2 digits, so if you alter scale from 2.08 to 2.084, nothing will happen. But if you alter it to 2.085, it will be rounded up to 2.09 and you will see it change. This is one of the limitations of Mt4. (Forget about true scale and accurate tools for Trading... rather save memory by using less digits!)

Quote
...the famous sentence of GANN: "it must go there"

The more correct sentence of Gann "It must go there - IF I am right and she is heading for the Bagel Deli"

Check the Template I attached. It has the two Grids on it. They work in the GbpJpy charts and the scale is set for M15. If you use a different timeframe, the scale will be wrong. (The joys of 'good' OOP coders that designed Mt4)
Attached File(s)
File Type: tpl gann grid - lane changing.tpl   2 KB | 385 downloads
  • #58
  • Jan 3, 2013 2:22am Jan 3, 2013 2:22am
A separate post completely unrelated to selym_co's thread, but I do not think he will mind.

Do yourself a Favour and go check out the following site:-
www.currencynewstrading.com/

It is run by a gentleman called Henry Liu. He offers and shows a huge amount of totally free stuff about trading the News. From emailing you NEWS related data the day before any worthy event, to setails on how many pips to expect and how to enter and exit trades. Free membership to CNT and other goodies to download.

If you ever considered trading News and do not know how, this site provides a wealth of info for FREE. Not the 'Free if you buy this.... totally free.
  • #59
  • Jan 3, 2013 5:48am Jan 3, 2013 5:48am
Hi all ;

I like it when Bluemental posts things here , it smells knowledge and experience. Gann grids have always been difficult tools for me to draw , although ı forced myself afetr BlueMentals explanations , its still difficult. But I agree BlueMental that there are four different angles that the market respects , in order to detect those angles you really need to spend some time on ur drawings and seeing the right swings. I ll show the daily example of EURUSD , but on the other side ı shud confess that the angle changes in time , and if we are trying to make money in this market SL shud be our great weapon. Anyway ...here is the example :

http://img210.imageshack.us/img210/9752/kanal.gif

I have been able to find only three angles in the picture. Parallel trendlines are drawn with the same colour , and each trendline respects at least two pivots. And it really becomes easier for us to see what the market is trying to do , or if it is being led by some speculators ? Or is it just the slave of a strict king ? Can "coincidence" be this obedient to its master? These are the questions to answer ...By the way I ll add the template file in case you like to see it on ur screen...

By the way , do not forget to mark the intersections on ur screen for the possibilities that the price might visit in the future including [date+price]

Attached File(s)
File Type: tpl kanal.tpl   7 KB | 375 downloads
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #60
  • Edited 6:53am Jan 3, 2013 5:54am | Edited 6:53am
And here is another way of seeing what the market is trying to do But this time just with the help of another tool : 200 Exponential Envelopes ... I ll again add the template too ..

http://img19.imageshack.us/img19/3374/envelopeu.gif


Attached File(s)
File Type: tpl envelope.tpl   5 KB | 395 downloads
Imagination rules the world ...
Selym Hyll Return This Year: na
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