Okay -- I'm ready to begin digging into some details... The chart below shows two Focal Points -- circled in yellow. These occur when back-shifted SMA lines intersect. For purposes here, I will focus on SMA(16), SMA(32), SMA(64) and SMA(128) for ...

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

For those who have been around for awhile and are familiar with @George's thread where he exhorted "TARGETS, TARGETS, TARGETS", please don't be offended if I draw a comparison to the Focal Points strategy. That battle is over. "TARGETS, TARGETS, ...

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

The theory behind Focal Points was developed over 60 years ago by engineers working at the Jet Propulsion Laboratory in California. The JPL is owned by NASA and managed by the California Institute of Technology -- roughly the equivalent of MIT on ...

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

You still don't get it. What you posted has nothing to do with @parisboy's attempt to explain the Focal Points algorithm. You are hijacking the Focal Points algorithm to create something in your own image. Go away. You have your own thread. Call ...

Trading PlanetX & Oscillators

Since we are exchanging old-man stories, I'll share one of my "brushes-with-fame"... I returned to college at 35 to study computer science. My lab partner was Rod Brock -- another old guy. Rod had been the owner / President of Seattle Computers. He ...

Trading PlanetX & Oscillators

Relying on SMA(128) really helps make it easier to identify potential FPs. The chart below includes a Fractal Channel indicator -- I think it serves a similar role as the channel lines you've drawn. In a bearish trend, I'm looking for SMA(128) to ...

Trading PlanetX & Oscillators

Great reading -- thank you. I'm not a computer-era kid -- my earliest college courses used a slide rule -- remember those? I started using computers in grad school -- we submitted punch cards to the computer services office and then waited 2 days to ...

Trading PlanetX & Oscillators

Yes -- SMA(128) is "the man"!!!

Trading PlanetX & Oscillators

Sorry -- you are still needed. You are one of the few people here who I can learn from and also make me chuckle...

Trading PlanetX & Oscillators

Excellent response -- thank you...

Trading PlanetX & Oscillators

Sorry about that -- you should know better to ignore me if you're trading M1... And thanks for your response -- I'm getting a better sense of this now. I'm primarily trying to find the proper boundary between what's discretionary and what can be ...

Trading PlanetX & Oscillators

What's particularly interesting to me is that even though FP2 occurs in the middle of a strong upswing, the FocalPoint algorithm computes a guesstimated TargetPrice that recommends a SELL. And in hindsight it would have been correct. What it feels ...

Trading PlanetX & Oscillators

And another question: There are two other peaks that occur before FP2 -- why didn't you use either of these as the Top? What criteria or rule did you apply when deciding to use 1.49334 as the Top (instead of the others that are closer to FP2)? ...

Trading PlanetX & Oscillators

Excellent -- I think I've reproduced your EURAUD / M1 chart. But there is still one important piece that I am missing. On the X-axis, can you draw an arrow to show me the **earliest** time you could have entered the trade with the guesstimated ...

Trading PlanetX & Oscillators

No kidding -- many on this thread alone. RoodyRoo has been one of my favorites for a long time. Whenever I see one of his posts I run to the closet to grab my deep-thinker helmet -- you know, the one with the black faceshield that blinds your vision ...

Flying Dutchman

Okay -- but it looks to me that trade was opened south of the target price calculated using the following formula: TargetPrice = FP2 - (High - FP2) In other words, because you are a wild and crazy guy and looking for adventure you still opened a ...

Trading PlanetX & Oscillators

Okay -- then as a programmer I would apply the following rule: If the SMA extensions don't make sense with the most recent bar data then the guesstimated target price should be ignored. And as for the definition of "what makes sense", that is left ...

Trading PlanetX & Oscillators

Thank you for letting us all know... Anything else you would like to announce and that we should know about?

Trading PlanetX & Oscillators

Another question: The SMA(256) extension is just a continuation of the slope -- i.e. extrapolation. If the market had recently changed that SMA256 extension would still be there because the indicator drawing had ended long ago and it is not based on ...

Trading PlanetX & Oscillators