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Yes, looks simple and effective and I am sure once I got my head around it, would not be a problem. A few things throw me out:

- A 2-month wave is NOT 60 days, it’s based on the higher
timeframe (monthly), the current month expected price move into
the following month based on the AMT model and market dynamics.

- 50% of what? The weekly, monthly, quarterly, yearly respective ranges?

- Spiral point?

Guess the book would explain the exact steps in much more detail (so no need to rehash it all). I saw it mentioned in Brents book (Trading the SPI) and as 50% is the strongest gravitation for price out of Fibonacci theory, makes sense to use it. Especially in relation to various timeframes to get the overall picture and a breakdown of price swings within swings.

Agree with some of your other sentiments however, trend (guess this is where I incorporate time), support/resistance, volume and money management are what I currently use with good (not yet great) effect.

Cheers

<blockquote data-quote="MRC &amp;amp; Co" data-source="post: 293878" data-attributes="member: 14648">Yes, looks simple and effective and I am sure once I got my head around it, would not be a problem.&nbsp; A few things throw me out:- A 2-month wave is NOT 60 days, it’s based on the higher timeframe (monthly), the current month expected price move into the following month based on the AMT model and market dynamics. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused&nbsp; &nbsp; :confused:" loading="lazy" data-shortname=":confused:" />- 50% of what?&nbsp; The weekly, monthly, quarterly, yearly respective ranges?&nbsp; - Spiral point?&nbsp; Guess the book would explain the exact steps in much more detail (so no need to rehash it all).&nbsp; I saw it mentioned in Brents book (Trading the SPI) and as 50% is the strongest gravitation for price out of Fibonacci theory, makes sense to use it.&nbsp; Especially in relation to various timeframes to get the overall picture and a breakdown of price swings within swings.&nbsp; Agree with some of your other sentiments however, trend (guess this is where I incorporate time), support/resistance, volume and money management are what I currently use with good (not yet great) effect.&nbsp; Cheers</blockquote>

[QUOTE="MRC & Co, post: 293878, member: 14648"] Yes, looks simple and effective and I am sure once I got my head around it, would not be a problem. A few things throw me out: - A 2-month wave is NOT 60 days, it’s based on the higher timeframe (monthly), the current month expected price move into the following month based on the AMT model and market dynamics. :confused: - 50% of what? The weekly, monthly, quarterly, yearly respective ranges? - Spiral point? Guess the book would explain the exact steps in much more detail (so no need to rehash it all). I saw it mentioned in Brents book (Trading the SPI) and as 50% is the strongest gravitation for price out of Fibonacci theory, makes sense to use it. Especially in relation to various timeframes to get the overall picture and a breakdown of price swings within swings. Agree with some of your other sentiments however, trend (guess this is where I incorporate time), support/resistance, volume and money management are what I currently use with good (not yet great) effect. Cheers [/QUOTE]

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