A trade that I am looking at is CBA . There is a possibility that the stock might complete an intermediate high into Thursday the 23rd April . If this theory is supported by increased volatity and other aspects I will take the trade . If someone would like to post an eod chart with dates under the important highs and lows and corresponding price points we will do some work on calculating potential price points .
I have Gann trader and a very well used Square of Nine .
Gann Trader works on Dos so it is almost impossible to capture a copy of the screen and post it , I had my friend over a few months ago who is very good with computers because I am not , and he couldnt do it . which is ok , just follow my request and if someone posts a chart it will be clearer for people to follow . I will only discuss price techniques though .
I have Gann trader and a very well used Square of Nine .
Gann Trader works on Dos so it is almost impossible to capture a copy of the screen and post it , I had my friend over a few months ago who is very good with computers because I am not , and he couldnt do it . which is ok , just follow my request and if someone posts a chart it will be clearer for people to follow . I will only discuss price techniques though .
point, Mr. Gann, or whoever, came to realize that stock charts DO NOT have a "strong tendency" to follow linear trend lines, which is true for the long term trends, and then concluded, at the time, that they must be following a PARABOLA. Unfortunately, HE, she, or they, were wrong. Although, HE, she, or they: were on the right track!
After having over fifty years of historical stock data to work with, it is absolutely clear that stock trends have a "strong tendency" to follow EXPONENTIAL GROWTH CURVES ( This is log charts )
Ah, the enigmatic "motorway",If you want to follow / predict / anticipate etc Trends/cycles/waves
You have to follow it down and up through the various time frames as this one trend slows and speeds
To think in terms of Time frames is an error
What ever is moving it moves NOW right now in the present moment... But the speed of moving is dynamic
( when I drive My car to a location . I just drive, there is no weekly daily monthy about it. And if you have a collision .. It does not unfold on different time frames How can it ? Impossible )
Wave theory ? How can you possible follow a wave in one time frame or even multi time frames ?
You have to follow the wave as it changes speed
Across all Time frames , The wave crosses all time frames because from the waves point of view They don't exist..
( If you want to avoid collision you do it right now , and then it's gone
You don't have to avoid the same collision on different time frames.. )
You have to move and FIRST...
This is the difference between Dynamic methods
and Static ones..
motorway
Ah, the enigmatic "motorway",
I don't understand your point. You need to clearly define precisely what you mean by the term "Dynamic"
Regards
Magdoran
So it's more like being an observer from a satellite of traffic patterns in a city rather then driving the car. You can rapidly see where the congestion is (forgive the pun) well before you encounter it!
You can borrow my GPS for you car if you like motorway! Might help you navigate a bit better!
Regards
Magdoran
Those long term squares can be significant turning points in particular when 1/2 of the square in time and price lineup but as this date is quite a time in the future we will wait and just look at the position of CBA . My initial expectation was for a top into this date which could still be the case . The second expectation is for a counter trend low into this date if the market continues heading down into the 23rd . Either one of these outcomes is quite acceptable and think due to the nature of the cycles and times moving into proportional alignment this date will either give us the opportunity to position long at the time of a counter trend low or if the first scenario works out we will look at going short if time is technically validated by price in some form of geometric capacity. Having two possibilities isnt really a problem because if you have a comprehensive understanding of mkt structure and the type of trend moving into the forecast date you just let the mkt confirm your analysis . Having two possible scenarios requires two sets of price calculations . potential downside targets should be identified printed out and kept on your desk and on the nominated date if the stock is running down into time we have a structural roadmap on where we might expect price to reverse . this could be a minor 50% level or it could be a .618 range extension . if you have all of the bases covered both upside and downside targets price on that day will confirm your analysis . As the move eventuated from the 23rd Jan primary low and the 9th March secondary low these are important calculation points . Ranges should be labbelled in time not trading days and ranges should be labelled by price . this is all we have to work with . Most people have no idea about the proper application of the Square of Nine . You will note that the sp500 low at 667 was square or 90 degs from the 6th March or 345 Deg .
we can determine that the the mass of a moving object increases as the velocity of the object increases but how can we understand and calculate the underlying laws or characteristics that are governing and controlling the impulses and magnitude of such an instrument . A stationary car might accelerate between two linear points at a predetermined speed which enables us to calculate an approximate time of arrival between the two projected points being the starting point and the arrival point . If the vehicle is travelling at a predetrmined speed between the two points of reference we will be able to approximately calculate an estimated point of arrival at a time into the future but the outcome is lagely dependant upon the charcateristics of the driver and what events may transpire between point A & B . Classical Logic would indicate that a vehicle travelling at 60mph at a starting point of Point A would travel 60 miles in 60 minutes to arrive at point B . This is a pure linear example and doesnt take into consideration the possible variables that the driver may encounter on the way between the two points . Is the road straight and is the driver able to maintain a fixed speed between the two pre ordained points or are there are series of bends in the road that may affect the projected time distance between the two pionts . Classical physics tells us that a specific amount of force is required to increase the velocity of a moving object by a given amount which is why a given amount of force applied for a given amount of time will increase a single freight car to a greater velocity than the same amount of force applied for the same amount of time to an entire train . All observations are in the the proper context according to the observer .
I am sorry I had a crack at you Bobby . I am sure you are a nice guy . As you know I study and swear by the principles of WD Gann , this suits me and is everything I have worked towards , what you do is your conern . Stick to what you know and works best for you .
Ok Gazelle , good luck with your Gann trading .
:bier:
I would be interested in what you are looking at Bobby . If you want another perspective I might be able to help . tell me where you are ..
what trading ?
A trade that I am looking at is CBA . There is a possibility that the stock might complete an intermediate high into Thursday the 23rd April . If this theory is supported by increased volatity and other aspects I will take the trade . If someone would like to post an eod chart with dates under the important highs and lows and corresponding price points we will do some work on calculating potential price points .
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