On my charts I have four channels, separated by factors of four in time and two in amplitude. Then, when I change the time by a factor of four, the same setup of channels fits the market perfectly again - so 15 sec, 1m, 4m, 16m, 64m, 256m, ... What ...

Analysis and Trading based on Envelopes, Waves, Cycles

Well put I've made the same observation that all hours of the day and night matter, but I find division by 4 to reveal some interesting things.

Analysis and Trading based on Envelopes, Waves, Cycles

Thank you very much for taking the time to spell out the details. That all makes sense, and is similar to my thinking Friday morning.

Analysis and Trading based on Envelopes, Waves, Cycles

Thank you for this thread. FF needs more of what you suggest and less of the usual tripe. What first comes to me, in terms of a contribution to this thread, is the balance between what you think you know and what you don't know that you don't know. ...

Market "wisdom" ;)

Thank you again for spreading the word on Hurst Analysis Could you briefly explain what this chart is supposed to suggest? To me, the depicted situation is one where a 1 minute chart does not suffice on its own, but where a 5 minute chart is ...

Analysis and Trading based on Envelopes, Waves, Cycles

Oh, that's too much for my nerves... But I do use a 30s chart for entries.

Islander and Medici trade the European open

Oh, the almost 8 year old thread is still alive And the Santa rally has started News from me is that I am back to time-based charts after an extended stay in tick-land. I've been inspired by parisboy's thread and done some ...

Islander and Medici trade the European open

The bottom so far is SMA50 on the daily. The bullish case is that that holds. If it breaks, on the other hand, there's a lot of air to fall through underneath - down to 12200-12500.

Carpe diem: Intraday tactics for Dax and Dow

There's also the downslde to consider. The short-term trend hasn't changed yet. If one looks at a daily chart instead, SMA50 is down by 12910, and SMA20 around 13200. Which one first?

Carpe diem: Intraday tactics for Dax and Dow

Yes, very clear Elliott structure. Possible target around Friday's high.

Carpe diem: Intraday tactics for Dax and Dow

Thank you, yes, my 15 minute chart shows the same.

Analysis and Trading based on Envelopes, Waves, Cycles

Yes, but not if you only look at a 1 minute chart over the past couple of hours with, say, 20 and 100 period moving averages, which is the point I was trying to make. In other words, there's a long range dependence between yesterday and this ...

Analysis and Trading based on Envelopes, Waves, Cycles

Yes, exactly my point.

Analysis and Trading based on Envelopes, Waves, Cycles

Excellent example. So yesterday's drop is stalling a recovery rally today. Price is simply too far outside the 128 and 256 channels. Some consolidation into those needed before a journey up. Good example of long range dependence and volatility ...

Analysis and Trading based on Envelopes, Waves, Cycles

TradingView users may find this interesting: url

Analysis and Trading based on Envelopes, Waves, Cycles

Just discovered this, which might be of interest to some: url

Analysis and Trading based on Envelopes, Waves, Cycles

And here's the DOW on a logarithmic scale. Looks like a logarithm curve until a year ago - Trump's election - after which it's linear. In other words, price grew linearly for seven years, and then exponentially for the past year. As we now from ...

Analysis and Trading based on Envelopes, Waves, Cycles

On a different note, I've explored the Triple Envelopes concept on tick charts, i.e. charts with equal volume per candle/bar. While it works well, it doesn't seem to be representing the relationship between time and price well. In other words, I'm ...

Analysis and Trading based on Envelopes, Waves, Cycles

As can be made objective by fitting regression channels to the logarithm of the index:

Analysis and Trading based on Envelopes, Waves, Cycles

Thank you for pointer to Hofstadter's article. I did some searching on the topic. Fascinating field! Can't comment on the Gann Square, as I haven't studied it, but all else agreed with Thank you!

Analysis and Trading based on Envelopes, Waves, Cycles