here's an image showing a 5 min ES chart on left, 3 min and 2
min. Just like I discussed today a few times today on the
Zoom meeting when I was going through examples, you see your setup
occurring on the larger time frame, flag like pullback on 5 min
causing the MA ribbons to pinch. But get your trigger off the
faster 2 min when you see your cycle buy dots, go long place stop
below that. Again that's mult time frame analysis
it's basically using that sinewave equation from Rocket Science
for Traders by John Ehlers with a some tweaks to make it show
horizontal support/resistance zones whenever you have a confirming
candle on price. That sinewave indicator is interesting
because it was originally an algorithm that was used in digital
signal processing to measures the amount of cyclical energy in a
stream of data - so kind of makes sense to use on market data
here's an image showing a
Zoom
Posted by matt on 15th of Jun 2020 at 02:36 pm
here's an image showing a 5 min ES chart on left, 3 min and 2 min. Just like I discussed today a few times today on the Zoom meeting when I was going through examples, you see your setup occurring on the larger time frame, flag like pullback on 5 min causing the MA ribbons to pinch. But get your trigger off the faster 2 min when you see your cycle buy dots, go long place stop below that. Again that's mult time frame analysis
What cycle indicator are you
Posted by forza1dsa on 16th of Jun 2020 at 08:59 am
What cycle indicator are you using?
it's basically using that sinewave
Posted by matt on 16th of Jun 2020 at 09:57 am
it's basically using that sinewave equation from Rocket Science for Traders by John Ehlers with a some tweaks to make it show horizontal support/resistance zones whenever you have a confirming candle on price. That sinewave indicator is interesting because it was originally an algorithm that was used in digital signal processing to measures the amount of cyclical energy in a stream of data - so kind of makes sense to use on market data
https://www.amazon.com/Rocket-Science-Traders-Processing-Applications/dp/B01GMHR7JG
i assume this was programmed
Posted by forza1dsa on 16th of Jun 2020 at 10:04 am
i assume this was programmed and not a canned indicator?
ES up another 25 after
Posted by matt on 15th of Jun 2020 at 08:02 pm
ES up another 25 after hrs. After the ES re opened got another long opportunity on the 4 and 5 min ES charts with an abc pullback and cycle buy dots.
these are great guidance guys
Posted by tahoe on 15th of Jun 2020 at 02:40 pm
these are great guidance guys - great guidance, thank you!