Attachments: Charting with Median Lines

Charting with Median Lines

#41
Nov 7, 2016 6:28am Nov 7, 2016 6:28am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

EUR/CAD Wkly

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#42
Nov 11, 2016 6:46am Nov 11, 2016 6:46am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

EUR/CAD Wkly

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#43
Nov 11, 2016 7:10am Nov 11, 2016 7:10am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

GBP/USD 4hr

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#44
Nov 14, 2016 11:12am Nov 14, 2016 11:12am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

GBP/USD 4hr

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#45
Nov 14, 2016 11:13am Nov 14, 2016 11:13am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

Dollar Index Daily

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#46
Nov 14, 2016 7:58pm Nov 14, 2016 7:58pm

Pips_Cruiser
Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts

Quoting AlexC

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This thread is about charting with Median Lines. Median, compared to mean or average, is by definition the middle of a sorted list of numbers. Median Lines use 3 pivot points and have an 80% probability of being true...

Ignored

Hi Alex. Nice thread.

I was wondering what you mean by median lines having "an 80% probability of being true". Thanks!

#47
Nov 15, 2016 3:30am Nov 15, 2016 3:30am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

Quoting Pips_Cruiser

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{quote} Hi Alex. Nice thread. I was wondering what you mean by median lines having "an 80% probability of being true". Thanks!

Ignored

Thanks R.

This is the single most important statement made in Dr. Andrews' original course:
Median lines and Median Line Parallels: the Median Lines enable the user to be one of the few who can tell where the prices are headed, and the place they will reach about 80% of the time, and when approximately that place will be reached.

Here's a short article on The Median Line - A Leading Indicator
http://www.ino.com/blog/2009/06/the-.../#.WCrmOPo25gk

Here's a video by Tim Morge

Inserted Video

Here's is the Action Reaction Course
http://www.medianline.com/articles/A...n%20Course.pdf

#48
Nov 15, 2016 8:29am Nov 15, 2016 8:29am

AlexC
Joined Jan 2010 | Status: Primary Technical Trader | 8,594 Posts

GBP/USD 4hr

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#49
Nov 15, 2016 11:35am Nov 15, 2016 11:35am

Pips_Cruiser
Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts

Quoting AlexC

Disliked

{quote} Thanks R. This is the single most important statement made in Dr. Andrews' original course: Median lines and Median Line Parallels: the Median Lines enable the user to be one of the few who can tell where the prices are headed, and the place they will reach about 80% of the time, and when approximately that place will be reached. Here's a short article on The Median Line - A Leading Indicator http://www.ino.com/blog/2009/06/the-.../#.WCrmOPo25gk Here's a video by Tim Morge https://www.youtube.com/watch?v=E4yJd9q8VQw...

Ignored

Okay, thanks. I'll look through what you've posted. I've noticed a return to the mid-point in my own charts, when I draw channel lines. Sometimes I even put a dashed line through the middle of the channel.