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- parisboy replied Jan 2, 2024
Terry, it is a difficult question. I obviously entered too soon and generated a 200 points drawback. After that it depends of your nerves. But even slightly nervous I was confident in the reasoning justifying my entry and above all on the Focal ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
Hurst wrote something like " use all the tools together" ( have to find the exact quote.) Seems to me a good idea. Speed Lines / Gan Angles gives you the speed and acceleration of Price Action . Very useful when Price is parabolic Angle being 7/8 th ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
Closed Long Position + 2.201 points
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
opened Long Position a) Support and Resistance Line (8/8) was broken on the upside b) all CMA's are trending up c) Potential Focal point FP 5 is at (6/8) th. Level - by construction middle of the Swing (Gann Halfway Point). Then Potential Target ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
(Asking a stupid que) does Murray math lines follow the rule of "if u break the level u must go to another one" yes it is the basic raw idea you see everywhere - looks good on conferences and seminars
But it is not so simple and simplistic. ...Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
an extended view of the grid
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
You see that Terry's indicator has generated a very operative and fruitful Roadmap (Grid)
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
Here it does not obviously work. Because we have a Double Top forming, then a highly probable retracement (50% ?). We see the Mid-Cycle Dip
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
I am using that system since 1998. It is why IMHO you need to be cautious with ALL "rules" or "recipes" you can read about. When a guy writes such "rules" or advice you quoted without explanation, it is the proof for me that he does not really use ...
Analysis and Trading based on Envelopes, Waves, Cycles
- parisboy replied Jan 1, 2024
explanation of the Doubling effect when Price breaks a +/- (2/8) th Support and Resistance Line and penetrates in a new Fractal Area is here
Analysis and Trading based on Envelopes, Waves, Cycles