Any news from Alain ?

Analysis and Trading based on Envelopes, Waves, Cycles

Hi Klausi, I have been observing your charts for some time. Given that you generally trade when the trend line breaks, do you really need the envelopes ? Regards

Analysis and Trading based on Envelopes, Waves, Cycles

When the bough breaks........... image

Analysis and Trading based on Envelopes, Waves, Cycles

As per the initial chart- your short position was initiated at 98400 levels ? Then the price went to 99300 ? After that price started falling to ~ 98000. Or am i reading the chart wrong?

Analysis and Trading based on Envelopes, Waves, Cycles

Break of trend lines 1 and 2 : 1 min NIFTY and then multiple touch points along the downward sloping line (smaller arrows). Envelopes: Terry's code. Technique: Klausi and Alain image

Analysis and Trading based on Envelopes, Waves, Cycles

Wishing all of you a merry Xmas and heartfelt gratitude to all who post here and contribute to my learning- particularly Alain, Dave, Terry and Klausi (stick to the plan !!) :-)

Analysis and Trading based on Envelopes, Waves, Cycles

Neat and clean chart- min drawings and very clear as always !!

Analysis and Trading based on Envelopes, Waves, Cycles

I tend to agree with you. But its a very interesting statement and may not be made casually by someone of his learning/ background. Someone wont explain a statement with a diagram if he wasn't serious about it. Let me explore this further just for ...

Analysis and Trading based on Envelopes, Waves, Cycles

Thats true but he seems to be hinting that if you are at point B1 in the diagram where B2 is the upper boundary, rest assured that the lower boundary will move from B1 to S1. Next if you are at S1 rest assured that the point will move from S1 to S4 ...

Analysis and Trading based on Envelopes, Waves, Cycles

Hi Alain, Terry, I was reading an article by Millard in which he makes the following comment: image image Basically he says that price/ channel will continue to rise till the lower boundary of the channel catches up with the high made by the ...

Analysis and Trading based on Envelopes, Waves, Cycles

Are these fixed range envelopes or do you adjust basis ATR/ADR or as a % of the price ?

Analysis and Trading based on Envelopes, Waves, Cycles

Another one- fascinating as always image

Analysis and Trading based on Envelopes, Waves, Cycles

Waves within waves each with its own focal point image

Analysis and Trading based on Envelopes, Waves, Cycles

Late but worth it: image

Analysis and Trading based on Envelopes, Waves, Cycles

Simple entry and exit: image

Analysis and Trading based on Envelopes, Waves, Cycles

I am beginning to question the horizontal lines that we draw on the chart whether from the Murrey Maths or from usual S/R zones. The horizontal lines are a matter of convenience. After watching the screen for hours and hours I get a feeling that the ...

Analysis and Trading based on Envelopes, Waves, Cycles

LOL I thought you love these cyclic indicators. I have never seen much light in them.

Analysis and Trading based on Envelopes, Waves, Cycles

Love your charts- very neat and clean without clutter !!

Analysis and Trading based on Envelopes, Waves, Cycles

That is somewhat bound to happen given that these are sine waves. So if you assume 64 as the axis or 128 as axis you will observe a certain uniform motion around it. However the problem is by the time you realize the uniformity it usually breaks or ...

Analysis and Trading based on Envelopes, Waves, Cycles

The same boring sine wave again and again :-) image

Analysis and Trading based on Envelopes, Waves, Cycles