This page will be left open for the purpose of introducing traders to a variety of financial market geometries. While most of the geometric patterns are well know, such as H. M. Gartley's Gartley pattern, Scott Carney's Bat, Crab, Shark, ... as well as Robert Prechter 3-Drives, Bill Wolfe's Wolfe Waves, the emphasis will be to look at specific geometries, not necessarily naming each patterns, although if and once recognized, the credit should be rendered as it is always due.
You will soon realize that the majority of the patterns approximate those of Bill Wolfe's Wolfe Waves. Although I have not been a student of his, I have studied this and other related patterns on my own and developed my own naming, not for the purpose of usurping Mr. Wolfe's Wolfe Waves pattern ("WW"), but simply because the analyses of this and other patterns are intimately derived from my own proprietary patterns (Janus, Great White, Euclidean) and occult geometries (nodes/nodal core, nodules/nodular core, euclidean modules).
Some of these concepts will be revealed and explained in the course of this thread, others will remain proprietary. The interest here is to offer the novice and advanced trader new insights and trading ideas, enhanced involvement in technical discussions, and the opportunity to widen his or her trading armament.
I hope that you will enjoy this thread, and if it becomes active to a level of potential confusion as we seek to display ideas about Forex, indices, futures, commodities and stocks, then I might open a new thread on a single trading element.
For the time being, I will start by posting some potential geometric development, all of which is for educational purpose. So, due your own due diligence, as always.
Stay harmoniously tuned,
David Alcindor Predictive Analysis & Forecasting Denver, Colorado - USA
David Alcindor CMT Affiliate #227974 Alias: 4xForecaster (Twitter)
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ADDENDUM - 30 SEP 2016 ... Adding specific dates of respective forecasts:
Clients, students ... Good for you if you followed along!
David Alcindor
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30 SEP 2016 ... Addendum ...
Q: "How is it that EUR could rise to that geometric level?"
Look for DXY ... Click on this chart to link to initial analysis:
Cheers,
David Alcindor
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4xForecaster
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25 MAR 2015 - ANNOUNCEMENT;
I will be traveling and only be able to get to my TradingView account sporadically. Feel free to post requests and charts (using the visible option, so that everyone can read through charts as quickly as possible), as well as comments under the pertinent Forex pair (simply type under "reply" underneath the next chronologically ordered chart) - This will keep everyone else reading about it on cue about the evolution of a pattern, an idea or a lesson.
I will stay tuned to all activities, but may not reply as promptly as I usually strive.
Thank you.
David Alcindor
Fiiyat
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Safe travels brother!
4xForecaster
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20 MAR 2015 - NOTE:
If you find these lessons and geometric demonstrations relevant, feel free to thumb-up, share with peers and give it proper credit. This represents a tremendous amount of work, and proper credit is the right thing to do if you happen to use the patterns or trading idea.
Thank you for reading thus far.
A whole lot more lessons, pearls and tips coming up.
Stay tuned. Harmoniously, that is.
David Alcindor
4xForecaster
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23 MAR 2015 - NOTE:
If these lessons are interesting to you, please add a thumb-up by the comments. This will let me know which of the comment is most valuable or interesting to the group as a whole, and which is less interesting or might not need to be repeated in the future.
Also, if you believe some other traders might benefit from these pearls, lessons, and demonstrations, feel free to share. As a particular trading element becomes relevant to the largest number of traders (say, EURUSD, or a particular topic), then this will prompt me to dedicate a page for it.
It's the only way I can best respond to the largest needs of this community, so keep the line of communication open ... Thumbs-up, comments and request alike.
Thank you for helping improving this open and free lesson on Advanced Financial Markets Geometries.
Now, let's continue on the geometric lesson. Following is a step-by step HIGHLY SPECULATIVE demonstration of how I approach this nascent pattern:
First, I acknowledge that price might move in a certain direction, here DOWN:
These two points become my Point-1 of a rising 1-3 Line and Point-2 of a 2-4 Line converging towards the 1-3 Line:
Then, I look at the internal movements that would offer an anchor point for the speculative 1-4 Line - This one (at the blue arrow) looks good:
Therefore, I now project forward a very speculative play via the 1-4 Line (although, appreciably, Point-4 does NOT yet exist), as such:
At this point, I won't add any more work, except perhaps add a visual reminder that price is expected to fall at that current level, as illustrated by my DASHED oragen arrow (which represents a moderate-probability play in the way I chart my price action forecasting, with a solid arrow a high probability, and a dashed arrow a lower, and even lower as the color of the dashed arrow is dimmed down):
Note that I also dimmed down the BLUE color of point-3, as this final residence - if it ever occurred - remains speculative as well:
So, now you have it, as step-by-step analysis of the internal geometric development of the pattern. By doing this, you are training your mind's eye to see LOWER probability plays with HIGH-probability set-up IF and ONCE they complete.
Personally, this also allows me to trade from Point-4 and then trade from Point-5, thus gaining profits in BOTH directions.
Hope this makes sense to you.
David Alcindor
Fiiyat
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Dear David
I admire your work and take great pleasure in learning from you. I am very grateful.
Here are 2 WW that I have spotted. Can you please provide feedback?
The Red and Green rectangles are 'Supply and Demand Zones' (Sam Seiden)
The blue dashed lines are pivot Highs/Lows
Thin Black lines is a completed WW
The thick Golden lines is a larger potential WW.
Many thanks
Rodrigo
4xForecaster
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Hello, @Pip_alchemist - I am not able to see your WW's. I am such a visually-dependent and possibly ADHD visual trader that I cannot make out between all the colors.
Two wedges are in the field, but they have two directionally opposite lines: One up, one down. While BOTH lines have to converge, they also both have to be either pointing up or pointing down. Feel free to report (with less colors, less lines that mey be les pertinent to what you are attempting to highlight, just to be easy on the eyes ... and brain)
David
Fiiyat
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Thank you David.
R
rv
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Hello @ David, one question please, do you take into consideration the ETA of a WW, when approaching a potential next step ? thanks
I will be traveling and only be able to get to my TradingView account sporadically. Feel free to post requests and charts (using the visible option, so that everyone can read through charts as quickly as possible), as well as comments under the pertinent Forex pair (simply type under "reply" underneath the next chronologically ordered chart) - This will keep everyone else reading about it on cue about the evolution of a pattern, an idea or a lesson.
I will stay tuned to all activities, but may not reply as promptly as I usually strive.
Thank you.
David Alcindor