Envelopes, Waves and Cycles for Analysis and Trading

AUDUSD 5 mn

 

Chart : 16 x 15 mn Cycles

Cycles show a relatively stable timing period

 

Chart : 16 x 15 mn Cycles ( in black) and 2 x 90 mn Cycles (in white)

Cycles show a relatively stable timing period

 

CRUDE OIL 1 mn

 

Parisboy has no patience for the likes of me because I don't base what I do on the work of Jim Hurst and Brian Millard.

 

I looked for the discussion of the pros and cons, but I didn't find very much.

 

The person whose work to want to look at for market cycles analysis is John Ehlers. He uses DSP methods applied to finance. The caveat I always give about his approach to technical analysis is that anything from the world of physics applied to finance may be a misapplication of the physics. That is for you to decide.

 

there are lots of threads about envelopes waves & cycles.

unfortunately those were being discussed by professional talkers and writers.

professional traders who earn $$$ by trading don't use those things.
Trading is not about using indicators but something else

 

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Driving does not require an odometers but most use them.
Some have used that the wrong way; hooking up an electric drill + backing off milage.
Knowing the difference between a bull + bear cycle could help a lot.
Not much money is made on a one or minute chart; but if he can/ good for him………………………………………………………………. A few hedge funds do real well.