|
PureBytes Links
Trading Reference Links
|
Brent,
I am reading about how to do it..
Time is in trading hours.
Price is Price in dollars.
The theory is that the hypotenuse is called a vector.
I haven't done the hunderd hours of research but, What I read was that
there exists a
vector that expesses itself over time.
This vector expands or contacts according to a musical scale and to
basic geometrical forms
like the square, golden rectangle and cube.
Example:
The 1470 11:30 high on 12/3/99
The 1410.5 low at 13:30 pm 12/9/99
Price delta = 59.5
Hours delta = 30
Vector = 66.635
========
The 1410.5 low at 13:30 pm 12/9/99
The 1496.5 high at 9:30 am 1/3/00
Price delta = 86.5
time delta =104 hours
Vector = 135.271..
I divide 135.271 by 66.636 and get 2.030...
Hmmm pretty doggone close.. So there is a PTV vector at work in the
futures of 66.635.
=======
Take the high at 1496 .50 to the 1387 low which took 14 hours.
That vector is 110.39..
If I divide it by 135.271 I get .816.. funny number..
but it is the ratio of the Diagonal of the Cube divided by the diagonal
of a square...
I will let you figure that one out.. I am stumped..Maybe Number Genius
Mark Brown will elucidate.
Don
Brent wrote:
>
> Thanks for the reply, yes this is an old trademan's trick. Measure something
> 4 inches one way, 3 the other, and if if is 5 inches between, then you have
> a square. I still don't know how that is getting anyone a target. Here is a
> simplified example of what I mean.
>
> If the starting point were 10 (the high) and you subtracted a down move of 4
> points and got 6 (the low), and it was 3 days in time. (4x4=16 and 3x3=9) so
> 16+9=25 and the square root of 25 is 5. Would you subtract 5 from 6 (the
> low) and say the target was 1? Of subtract 5 from 10 (the high) and say the
> target is 5?
>
> Brent
>
> > Hello Brent,
> >
> > Wednesday, January 05, 2000, 8:18:23 PM, you wrote:
> >
> > B> Anybody out there in Traders-land want to try and show with a visual
> chart
> > B> what this Pythagorean Method (that Adam and Eve came up with:-)) looks
> > B> like. I gave it a try and came up dry.
> >
> > B> Brent
> >
> >
> >
> > Obviously r1=3 r2=4 then r3=5 all mathematical variants of this are
> > to be handled the same. In Cynthia Kase book she uses this method
> > to determine the future possible move. She does not call it by the
> > same name you do. She in her book calls it the WAVE of 3's I
> > belive.
> >
> > --
> > Best regards,
> > Mark Brown mailto:markbrown@xxxxxxxxxxxxx
> >
> >
> >
|