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Each one of these red lines is 16-30min bars this cycle has been lasting at least since late 06. Next reversal is due at 11:30 tommorow 7/16.
CH
CharterJoe
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Posts: 2,352
Each one of these red lines is 16-30min bars this cycle has been lasting at least since late 06. Next reversal is due at 11:30 tommorow 7/16.
SP
SPQR
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Posts: 519
I'ld be interested in learning how to time forecast as well, Joe. Keep in mind I'm not asking for the keys to the kingdom, just some direction. Thank you in advance.
CH
CharterJoe
Rep: 4,475
Posts: 2,352
Thanks for the intrest,
But I really cannot expalin it in a couple of minitues how it works or why and how to figure it. I had taken the J.M Hurst cource a couple of years of years ago (200 hour cource) and turned it into an very short term indicator. Here is a link to the basics if your interested I would buy one of hursts books and stronlgly advise you to do hand drawn charts if your interested. this is a very powerful to to be addded to any good price tools. Sorry I couldn't directly answer your question but there's no easy way to expalin it, the good news is once you've done all the work it last forever and never changes. The same cylce I use now worked in the 60's when Hurst was selling his cources. You can search these books on AMZN...channels and cycles: a tribute to J.M. Hurst......And Cyclic Analyiss bu J.m. Hurst....both are just a few bucks. But if you really want to get your feet wet I'd get the cource. But its a lot of work.
http://marketscalpel.com/approach/cycleTheory.htm
But I really cannot expalin it in a couple of minitues how it works or why and how to figure it. I had taken the J.M Hurst cource a couple of years of years ago (200 hour cource) and turned it into an very short term indicator. Here is a link to the basics if your interested I would buy one of hursts books and stronlgly advise you to do hand drawn charts if your interested. this is a very powerful to to be addded to any good price tools. Sorry I couldn't directly answer your question but there's no easy way to expalin it, the good news is once you've done all the work it last forever and never changes. The same cylce I use now worked in the 60's when Hurst was selling his cources. You can search these books on AMZN...channels and cycles: a tribute to J.M. Hurst......And Cyclic Analyiss bu J.m. Hurst....both are just a few bucks. But if you really want to get your feet wet I'd get the cource. But its a lot of work.
http://marketscalpel.com/approach/cycleTheory.htm