There were good hits on the channel sizes and the circles are consistent distances. The acceleration rate is also consistent.Looks good. I'd bet on this one, but I don't control the market makers hand, so... There will still be lots of up and downs on the 15 minute charts to get here.Make the chart "MY OWN" by clicking on the arrow in the upper right hand corner....
Nailed my time and mark. The time was marked long before it got there.
This is what I was talking about with the projection tool. These circles were all ellipses. The projection tool ALWAYS remains a perfect circular arc, no matter what the scale, but the ellipses change shape with the scale. When the projection tool and the ellipses are both circular, you know the scale is right...and the RIGHT DIAGONALS will be perfect also.
Just to show you that the ellipses are actually circles when the chart is SCALED properly (Height to width ratio) on the data. Here's another site you might want to check out for the possibilites of geometry, although, this isn't quite the same as my idea. www.youtube.com
I think this is what liermam referred to on major and minor axis.
Incredible geometry here. Remember these would be circles if the chart was scaled perfectly. Look at how the centers follow the blue trendlines...and here's what Liermann says "It's hard to tell by eye, but it looks like your major axis on the top elipses are following your top channel line, and some for the ones at the bottom. So your minor axis would almost...
Here's a predict for the 15 minute. The middle sizing worked out perfect. I thought it was a false point (incorrect data), but it lined up perfectly. Just shows how well channels work..this method.
The fib circles can be used as an ellipse. I found you have to drag on both ends of the line, alternating like wheeling a clock, pushing and pulling. Really the best way to set it up ellipses or circles is have a box that shows and move the sides, top and bottom or diagonal corners. I can fine tune positioning and aspect to a tee with "Kyplot"... but it doesn't...
Please ignore these charts. They were scaled improperly for Right diagonals. I changed them since then. This was done with fib circles and the chart is set up for Right Diagonals. Unfortunately, the fib circles center is hard to control. I would trust the channels on the daily more...but the diagonals and major long term trends look good
This is the channel method on the daily chart, to correlate with the 15 minute on USDJPY. Unfortunately, it's hard to control the fib circles because the center keeps moving. On my Kyplot program I zoom in and can adjust each side of the ellipse. Once the shape fits properly I lock it's shape. ***The easy way to make an ellipse with a steady center that moves with...
THIS SHOWS THE CONSISTENCY OF ANGLE SPEEDS IT ALSO SHOWS HOW PRECALCULATED THE MARKET HAS TO BE FOR THIS TO HAPPEN. MY OPINION. NO ACCIDENTALS WITH THIS MUCH ACCURACY.
Same channel system. This will go with 3 channels, next chart
1. Connect 4 major points in an X while Auto scale is on. 2. Zoom in and out until the X's become 90 degree angles 3. These can be found by backtesting 4. Use the setting that produces the most right diagonals for medium to major moves. 5. This works on all charts that I have seen pennies, dailies, weekly, 15 minute
This goes with chart 1 in meshing diagonals and circle.
This method is different than normal channels because the VERTICAL DISTANCE between the channel remains constant. There may be 2 constant channel sizes though. Accurate placement on the significant points is important and there should be minimal margin of error in breakthroughs. I zoom in at least 200% to set them. I have tried this method on Hi-Caps, pennies,...
I have some Ideas on this in "ideas". On this chart I first draw the X's to connect 4 significant points. Then I zoom in and out on Autoscale until I can get the X's as close to Right diagonals as possible. Then I start the circle center from one significant point and try to connect two more points (precisely) on the radius. To arrive at the point I derived I...