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RT'ers, before reading this post, please see the post:
"CIS TREX Opening statement Post # 1"
Having learned much from the recent discussion of TREX
ratios, I sat down to take a HARD look at where I was at.
First, there was my findings and beliefs. Then, there
were the comments from two tigers and a man whose
views I respect (See "CIS Opening Statement Post#1"post and
"CIS The building of a Trading Analagy Post #3" for general info
on these people, and for info on "tigers". )All heavy
hitting input that I would have to assimilate and explain.
My conclusions were:
1. That market (price) action and psychological (people)
market action, that I had once assumed as one and the
same thing, should each be isolated and analysed in their
own right; in essence, presenting the trader with TWO charts.
ONE, being Market (price) action. The same charts you see
every day, and TWO, being a "Hidden" chart representing the
psychology and interaction of PEOPLE within the framework of
and in relation to, PRICE.
A simple way to do this seemed to be to take the ratios of
Fibbonacci and Gann, and apply them in relation to the ratios
I was pulling from TREX, which in theory, represented natural
rythm and phase of an underlying market.
The results seem AWSOME. :)
By utilyzing signifigant TREX ratios and applying a Fibb/Gann
timing structure, I found some fascinating market occurences
that give me wonderfull market insight. This combination implies
the following:
1. A trader can know what the TRUE trend of a market is
2. A trader can know if a market is HIGH or LOW in relation
to itself.
3. Signifigant Prices and market movement can be reasonably
forcast.
This structure I have given the name: TGR (Tiger)
TGR is an acronym for TRUE GOLDEN RATIO.
Please move on to the post "CIS Building a Trading Analogy Post# 3"
Thanks,
Walt Downs
CIS Trading.
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