Robert24

Robert24

I hit "k" for okay to be go in the chat window and it deletes my chart...for the ...how many times. Charts should only be SAVED when we hit save. Worse yet it wouldn't even allow me to recover it by going back. P... me off.

Robert24

Finally got it right. LOL

Robert24

You are looking for 3 point hits in the channel. T=top B=bottom The formations are BBT, BTB, BTT, TTB, TBT, TBB. The 2 best are BBT and TTB. It usually bounces when it hits the opposite side of the channel.

Robert24

Right diagonals work out because geometry uses the angles of a protractor. These were scaled to show right diagonals in each color.

Robert24

I cleaned up the chart. The 1st one was so you could see the the repeats in angle speed. If you can find 2 angles that lead to a bottom or top it makes prediction much easier. Combine that with common arc distances and channels ..and it should help nail the prediction better. Even though everything looks right...it doesn't mean it's going to happen. I don't set...

Robert24

All the lines on here were merely to test for angle speeds. I set the chart up so arc swings would work better ie. TBT and hit...but not always. At the top of the chart they matched. There are 2 channel sizes. The bigger one has no background. Right now it's BB...maybe a top or at least UP. The thick red lines are long term intersections. There is an aqua blue...

Robert24

Added fib wedges. 2 clones that match data. Blue aqua angles are the one's to follow. The problem with publishing charts is you only get one shot at prediction. In reality most of us change our minds many times to arrive at a final conclusion. I wouldn't make a trade just on the basis that I predicted something 6 months ago. You have to go with the new info and...

Robert24

I made a slight adjustment in the last pentagon. The verticals and crosses should intersect. Now it's shorter to the bottom and back up to the last top. Only been working on this for 2 days, but it's showing promise. It has to be good for prediction to be useful...otherwise it's just another funny pic.

Robert24

The 1st lesson of prediction...when you're wrong, you're wrong. Don't hang on to a bad play. I use the channel breakthroughs as "get out of trade" signals. Wouldn't you just love to delete some of these prediction bombs. ha ha The red arc should be safe. When it comes to Bitcoin anything can happen. It amazes me how many times people pick a direction and it goes...

Robert24

Still getting used to using these. Have to backtest more. They show some promise though.

Robert24

The key to making these work for predictions are the 2 parallel bars (almost horizontal). If you can set those the rest should fall into place. I have just started experimenting with these. It has nothing to do with the supernatural. The angles of a pentagon are 18, 36, 54, 72 and 108. Gann used 1/2, 1/1, 2/1 etc. It's geometry that's all...and the stock market is...

Robert24

Not into astrology or any of that. These shapes just showed up when checking angles, so I figured I see if they happen frequently.

Robert24

Not into astrology or any of that. These shapes just showed up when checking angles, so I figured I see if they happen frequently.

Robert24

I know there is a relation of angles in the stock market. Gann used 1/2, 1/1, 2/1, etc. Ney used 15, 30, 45, 60 and I use 11.25 degree spreads. Pentagons have the angles 18, 36, 54, 72, 108 and if there are any more I forget. This is set up different than a pentagon. I made right diagonals on some of the lines. See if there's any merit in the geometry. I'm not...

Robert24

This study is really for me more than the rest of you. I keep getting charts overwritten and the loading area overlaps symbols. If you can figure the whole thing tell me. Only 2 circle sizes used throughout. 2 and 3.9 (almost double). Notice how the centers run on trendlines. EURUSD in my published has a similar chart. I also have an ellipse (TXN) in "ideas" on...

Robert24

I fixed some of the scale jump problems. This is mostly for me, that way I can recover the chart if it's lost, but you can look at the whole pic and see how I derived my conclusions. I use channels (tied together), arcs and their clones, repeating acceleration rates on angles and internal data markers (the line of the data inside the tops and bottoms) for channels...

Robert24

Hope for your sake I'm wrong. This looks right though. I'd definitely play short, but watch for the upside. Unfortunately, scale problems wreak havoc with my objects. I have reset the chart properly since, but internal angles don't match the channel angle. The points are still right according to my calculations. Even when I lock the scale I'm still having problems...

Robert24

The 138187 is a key price. If it breaks it at the intersection, then it's up to the top of the channel at least. If you've been watching the moves lately, they've been going crazy doing spikes...so it may pop double the channel upwards, but this is what I get.