image

Analysis and Trading based on Envelopes, Waves, Cycles

Some specifics: image

Analysis and Trading based on Envelopes, Waves, Cycles

Crude hitting SL image

Analysis and Trading based on Envelopes, Waves, Cycles

Ok so if I understand, the probability of making this mistake when using cycles/ waves is 13.5%. In other cases, it can be avoided ? If yes, it becomes an acceptable/ low probability of failure. Is that right ? Regards

Analysis and Trading based on Envelopes, Waves, Cycles

Sorry I lost you :-) But is there a way to avoid making the mistake which I made today ?

Analysis and Trading based on Envelopes, Waves, Cycles

Thanks- can you please help me interpret your table where you have encircled point "E"- Triangle Symetrique ? Regards

Analysis and Trading based on Envelopes, Waves, Cycles

Thanks !! Was waiting for you to do the diagnosis. However I go blindly with the maxim that focal points appear at the middle of a swing. Accordingly when I saw the projected intersection I went short. However the stock reversed prematurely. I was ...

Analysis and Trading based on Envelopes, Waves, Cycles

Same chart zoomed out and using HA candles. Have also plotted all other MAs for reference. image

Analysis and Trading based on Envelopes, Waves, Cycles

Hi Alain, Had 2 SLs today in quick succession. Both were stocks. In the chart you can see the 16 MA (red) crossing the 32 (blue). I have hidden all other MAs. The price move above the intersection was not repeated below. What could have gone wrong ...

Analysis and Trading based on Envelopes, Waves, Cycles

There was no projected intersection on this chart. So how did you decide on buying Thanks

Analysis and Trading based on Envelopes, Waves, Cycles

Here I see 16 and 32 oscillating around 128 and the intersections aka focal points moving up continuously. Then I see the last intersection happing lower that the previous one indicating change in trend ? Then i see the projected 128 going through ...

Trading Focal Points -- "A Leap Of Faith"...

All i see is that envelope 32 and 128 crashed against the bigger envelope and price came down. This could sound stupid but honestly thats all i see

Trading Focal Points -- "A Leap Of Faith"...

Hi Have sent you a PM. Pls check and let me know. Thanks !!

Trading Focal Points -- "A Leap Of Faith"...

Ok ! back to home- work

Trading Focal Points -- "A Leap Of Faith"...

Merci ! But what are these new lines (MA1 ?) now ? All I can see are lines pointing upwards :-)

Trading Focal Points -- "A Leap Of Faith"...

No sir !! I understood the ascending double bottom / top not the envelopes

Trading Focal Points -- "A Leap Of Faith"...

Thanks for your patience. So you are suggesting that the second top has to be lower than first ? AND in a double bottom, the second bottom has to be higher ?

Trading Focal Points -- "A Leap Of Faith"...

Hi Parisboy, isnt the attached picture that of a failed double top formation ? And if yes how to distinguish a real double top v a fake one ? image

Trading Focal Points -- "A Leap Of Faith"...

Has crude formed a double bottom on 15 min ? image

Trading Focal Points -- "A Leap Of Faith"...

Sorry could not understand this comment. Could you explain ? Thanks

Trading Focal Points -- "A Leap Of Faith"...