That's the answer folks. One more thing about Dax, if you are not skilled you get slaughtered very fast. You better know your stuff if you trade Nasx, Dax, DJIA. If you want to trade indices, start with CAC40, ASX then step up to FTSE.

Analysis and Trading based on Envelopes, Waves, Cycles

Best seat in the house comes 1 or 2 times a day, have to wait patiently for it, one is enough for the day.

Analysis and Trading based on Envelopes, Waves, Cycles

Extreme. But you must be certain of the trade. The reentry is the safer trade. Higher pip count vs lower risk trade. Low volatility go for extreme, high volatility go for safer entry. That's how I decide.

Analysis and Trading based on Envelopes, Waves, Cycles

Unscheduled rate cut, luckily I call it a day earlier.

Analysis and Trading based on Envelopes, Waves, Cycles

Wow ! What caused that jump ???

Analysis and Trading based on Envelopes, Waves, Cycles

Here's a live call. The market is approaching support at 1.2665.

Analysis and Trading based on Envelopes, Waves, Cycles

Hi Dave, no problems. I mostly focus on the technical discussion. 6 I have to explain my "style of posting". The WHY is very, very important part of these methods. Parisboy has tirelessly posted the theoretical aspect to fill in the gap explaining ...

Analysis and Trading based on Envelopes, Waves, Cycles

This is how to apply JSA 90 degree high probability trade correctly in the context of the overall market. (Hindsight drawing) The drawing has only 1 line, not plenty of lines then hope that one of the lines hit. Price action whatever that is is not ...

Analysis and Trading based on Envelopes, Waves, Cycles

This FLD live call marked by the 1st yellow arrow is made in a rapid and strong rising indices market. See the accuracy of the predicted SR that's respected to the pip. And there were many failed attempts to break that level. That's why I always ...

Analysis and Trading based on Envelopes, Waves, Cycles

Tbh, I always analyse the market using FLD. I use this one tool only for trading. I post using emonts pb cycle indicator. The entry is shown on Dave's chart.

Analysis and Trading based on Envelopes, Waves, Cycles

FLD predicted this level accurately ,call made in strong rising live market. Ok, time to call it a day. Good trading everyone.

Analysis and Trading based on Envelopes, Waves, Cycles

Ok took a look at GU. That 1m move up is risky with narrow window for entry that can be seen only on the 1m tf. This means you have to analyse it fast and be quick enough to enter trade. FLD predicted this move(that's the advantage), this is how you ...

Analysis and Trading based on Envelopes, Waves, Cycles

PB envelope is a different form of trading from FLD. The concept is totally different. They are 2 different approaches. If you are familiar and comfortable with PB envelope stick with it and master it. FLD is predictive in nature which the "messy" ...

Analysis and Trading based on Envelopes, Waves, Cycles

If price don't pass this current level now expect it to come down hard.

Analysis and Trading based on Envelopes, Waves, Cycles

The earlier short has more risk and less exact with the levels than this current long. Target reached in almost straight line.

Analysis and Trading based on Envelopes, Waves, Cycles

The highlight part. That's WHY on that thread I asked for someone to explain exactly what's Jenkin's trade ? Any line can be Jenkin's trade after the fact when so many lines are drawn. That's why I asked for live calls. Even Murray math lines are ...

Analysis and Trading based on Envelopes, Waves, Cycles

Pb made this post followed by the next. I was tempted to point you to his chart. BUT I expected Pb to take this short trade, so I backed off. He will post later in the day.... And now he did. Ask Pb WHY ??? Pb, time to cash out.

Analysis and Trading based on Envelopes, Waves, Cycles

Pb indices pretty bearish, got to focus on trading less posting.

Analysis and Trading based on Envelopes, Waves, Cycles

Pb, I made those post in response to your post so that you post the reply, that's my intention. Your followers will listen to you only.

Analysis and Trading based on Envelopes, Waves, Cycles

Spot on correct. Structure in that "messy" chart. You guys should ask Pb how long and how much effort he put in to come to this level of knowledge. So that you know.

Analysis and Trading based on Envelopes, Waves, Cycles