Thanks. Btw...how are the diagonals drawn on your circles?

Time and Price Forecasting

Ahhhh....I see....thanks...I will need to test this.

Time and Price Forecasting

The square root of what?

Time and Price Forecasting

It's still unclear to me how you find a proper scale to use. If you don't mind, please explain this critical step.

Time and Price Forecasting

Is the low you chose on your chart the extreme low or is it the one to its left (which is the extreme low and the one I chose on my chart)? Also, why didn't you chose the extreme high to draw the grid?

Time and Price Forecasting

@ Swede Would you have taken a buy trade at the grid center? If so, where would you have placed your stop-loss?

Time and Price Forecasting

How were your trade dates and directions determined?

Time and Price Forecasting

Ok...thanks.

Time and Price Forecasting

Can you give an example of how this is done?

Time and Price Forecasting

Removing a few items from the chart in addition to adding a square up top gives a clearer picture of the reaction of price to this drawing.

Time and Price Forecasting

- support held -price exited the circle very near the 3-intersection point - pullback support at top of square

Time and Price Forecasting

A substitute for the quadrilateral: image

Time and Price Forecasting

More rare footage of Dr. Alan Andrews: video

Andrews Pitchfork (Median Line)

Rare footage of a Dr. Alan Andrews seminar: video

Andrews Pitchfork (Median Line)

My condolences to you and your family. Welcome back.

The One: Price Action and Reaction

image

Andrews Pitchfork (Median Line)

The lower encircled area presents an opportunity for a buy. However, the strong resistance price met above and breach of the upper blue line creates skepticism about the potential support.

Time and Price Forecasting

I went back in time too (smile) and applied the circle-square-rectangle intersection method I use. The result is very close to his drawing and calculations.

Time and Price Forecasting

294.8 pips / 9 days = 32.76 pips/day....so how did he arrive at 14.65 pips/day?

Time and Price Forecasting