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  • #821
  • Edited 3:21pm Nov 19, 2012 3:09pm | Edited 3:21pm
JR, love your approach and wanted to show this, as I was quite impressed by it and it fits in nicely with the theme of this thread.
Looking at a 4hr chart of EurUsd...
Attached Image (click to enlarge)
Click to Enlarge Name: GRIDEurUsd4HrGrid.jpg Size: 126 KB

The initial downward impulse I labeled AB. That impulse was used to create the grid shown above
Each square is .5ABx.5AB
You will notice how price responded many times to the various support and resistance, including marking the ultimate low almost to the pip.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd4HrGrid.jpg Size: 128 KB

Taking the grid, I then centered concentric circles, all centered at the high (pointA)
The smallest circle is radius .5AB and each circle is radius .5AB bigger than the last
Each magenta line is tangent to each circle's rightmost point.
These all marked major swing times within a bar or 2. (especially the ones of radius AB and 2AB, the major ones, the .5 ones being minor ones)
The most amazing thing is price hit the 4th AB price line at the 2AB circle time, EXACTLY. [2x1 of pricetime? ]

We have 2.5AB time coming up soon, with price hugging the 3rd AB price line, will be interesting to see if it causes a decline

Dolemite
  • #822
  • Nov 19, 2012 4:39pm Nov 19, 2012 4:39pm
Nice. I did a lot of work with circles in my early days. Michael Jenkins does as well. There is so much info you can get from a circle in terms of price, time, boundaries, etc.

The only crappy part with mt4 is the scaling and circles.
  • #823
  • Nov 19, 2012 4:45pm Nov 19, 2012 4:45pm
Quoting JR97
Nice. I did a lot of work with circles in my early days. Michael Jenkins does as well. There is so much info you can get from a circle in terms of price, time, boundaries, etc.

The only crappy part with mt4 is the scaling and circles.
I agree. That is why I use a free vector drawing program called inkscape and just import charts into it for all of my geometric analysis.
  • #824
  • Nov 19, 2012 5:47pm Nov 19, 2012 5:47pm
sweet! I'm going to have to check that out because I have some ideas that are simply not possible in mt4. I need to be able to rotate a 3d object.
  • #825
  • Nov 19, 2012 6:10pm Nov 19, 2012 6:10pm
Quoting JR97
sweet! I'm going to have to check that out because I have some ideas that are simply not possible in mt4. I need to be able to rotate a 3d object.
Cool it is free and very powerful. Let me know how it goes
  • #826
  • Nov 20, 2012 8:23am Nov 20, 2012 8:23am
Not my intention to hijack this thread, but I just wanted to post a followup to what I posted before
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd4HrGridShortTrade.jpg Size: 99 KB

4hr EurUsd formed a pin bar respecting the 3AB price line at the exact time the 2.5AB time completed
I went short 2 units with a stop above the pin bar high (at 1.28331)
First target is 1.27535. When that is hit, will drag other stop to BE and reassess, but for now targeting bottom of the grid at 1.2690 for that 2nd piece

Listen to JR97, geometry contains the DNA of the markets!!!
  • #827
  • Nov 20, 2012 11:32am Nov 20, 2012 11:32am
Not hijacking at all, bro. Post more.

Your .5 ratio grid technique is actually something I do a lot of but rarely if ever show. I draw in 1x1, 1x2, etc lines from the swing mid point.
  • #828
  • Nov 20, 2012 11:35am Nov 20, 2012 11:35am
Quoting JR97
Not hijacking at all, bro. Post more.

Your .5 ratio grid technique is actually something I do a lot of but rarely if ever show. I draw in 1x1, 1x2, etc lines from the swing mid point.
Drawing the 1x1, etc from the swing midpoint... Are you familiar with the BigBertha approach taught be Earik Beann?
He too uses the midpoint as his basis to draw the angles
  • #829
  • Nov 20, 2012 11:44am Nov 20, 2012 11:44am
Quoting Dolemite
Drawing the 1x1, etc from the swing midpoint... Are you familiar with the BigBertha approach taught be Earik Beann?
He too uses the midpoint as his basis to draw the angles
  • #830
  • Nov 25, 2012 6:08pm Nov 25, 2012 6:08pm
Great thread JR97 just started drawing objects on mt4. Do yout know indicators or a way to rotate square o triangle or copy shapes?
  • #831
  • Nov 25, 2012 9:01pm Nov 25, 2012 9:01pm
Quoting hektos
Great thread JR97 just started drawing objects on mt4. Do yout know indicators or a way to rotate square o triangle or copy shapes?
Copying shapes is easy. Just double click on the shape to put it in "highlight" mode if it isn't already then ctrl-Left click.
  • #832
  • Nov 27, 2012 8:01pm Nov 27, 2012 8:01pm
Here's something I dug out of the archives. Before I took my long hiatus one of the things I was working on was squaring envelope ranges for my gann squares. The concept is square the envelope range for square measurements.

The first chart shows squaring an envelope on a swing low. The primary target is the top of the square in an uptrend and bottom of the square in a down trend. The time target is the square expiration. I typically double the square to show more time range. Therefore the 50% time level is the expire. Price will many times go above/below the price target overall. But it's uncanny how often price will be exactly at the specified price and time level regardless.

http://content.screencast.com/users/...27%2018.56.gif

Now that the price/time target has come in, I'll watch to see if the recent high is a swing a high. If it is, I'll reset the square.

http://content.screencast.com/users/...27%2018.55.gif
  • #833
  • Nov 28, 2012 9:31am Nov 28, 2012 9:31am
Do you do some overlays for yourself on transparent paper? Just found g24 software but there is only 45 angle which is true angle. But other are just divisions of sqaure. They have only this one overlay. Do you know maybe software where you can draw shapes and overlay them on a chart?
Great chart, its probably long time when I reach your level of drawing.
  • #834
  • Nov 28, 2012 4:59pm Nov 28, 2012 4:59pm
Quoting hektos
Do you do some overlays for yourself on transparent paper? Just found g24 software but there is only 45 angle which is true angle. But other are just divisions of sqaure. They have only this one overlay. Do you know maybe software where you can draw shapes and overlay them on a chart?
Great chart, its probably long time when I reach your level of drawing.
Don't know of any. I'm looking for something like that. Might just have to write my own.
  • #835
  • Nov 28, 2012 10:49pm Nov 28, 2012 10:49pm
Fancy wavy line kicking butt. I was short for most of the move. Gave up a lot on the retrace. Didn't think it was going to be as deep even though the fancy wave line said to watch for it.

http://content.screencast.com/users/...2012-11-28.gif

http://content.screencast.com/users/...2012-11-28.gif
  • #836
  • Nov 28, 2012 11:36pm Nov 28, 2012 11:36pm
GBP/CHF 12 Min. chart. Not as clean as the euro.

http://content.screencast.com/users/...2012-11-28.gif
  • #837
  • Nov 28, 2012 11:40pm Nov 28, 2012 11:40pm
More downside on the Euroooo?

http://content.screencast.com/users/...2012-11-28.gif
  • #838
  • Nov 30, 2012 7:17am Nov 30, 2012 7:17am
JR, I think you will enjoy this if you are currently not aware of it...
In the theme of market geometry I wanted to post a link to this...

http://mysquigglylines.blogspot.com/...harmonics.html

This guy is my mentor of roughly a year when it comes to market geometry.
His whole site is very good, but this most recent post in particular that I linked is verrrrry in depth as to not only what he draws, but how he uses them as part of analyzing the markets.

Dolemite
  • #839
  • Nov 30, 2012 9:12am Nov 30, 2012 9:12am
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsdDailySell.png Size: 66 KB


Daily EurUSD
Currently we have a shooting star candle rejecting the 2x1 of the ABCD square (line AF) as well as the 1x1 of the WXYZ square (line WY)
The final piece to the puzzle is this is occuring at time AB (The AB vector projected horizontal to the time axis from point A)

If this bar can stay a shooting star, I will certainly be entering a short position at the end of the day with a stop above today's high and a target of half the position at line BC (or XY if time gets past the BC/XY intersection)
After that is hit I will move remaining to BE and play for a lower level for the rest

Dolemite
  • #840
  • Nov 30, 2012 4:00pm Nov 30, 2012 4:00pm
We got a strong shooting star to end the day
I am short 2 units
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