#1, yes, number 1 point next week is Monday morning. These turn points do NOT predict how far a market may move. So no, point 1 may not be lower than the previous weeks last point.
#2 Here is the post with the 16 week solution. And yes, the cycle repeats every 16 weeks. I posted the date for #1 week as 8/11/08 as a reference point to start with. So the #1 week is used again on the week of 11/30/08, and every 16 week interval thereafter.

http://www.learncurrencytrading.com/...-post6195.html

Thank You Very much for share this interesting Strategy.
Btw Can you help me with this :

"high 1.5943 - low 1.5747= 0.0196
0.6*0.0196=0.01176(range)
1.5747+0.01176=1.5865(60% window) 1st target to the downside.."

From where you pick it up 1.5747 ?

Thank you before that. Nice Strategies i like it, Simple System like this because i now

simple is better & more profitable.

All The Best;

Manus168

Re:Keeping It Simple Smarty(KISS) is a great way of becoming better and profitable in

trading,especially when you dont clutter your charts with a map of indicators and

objects,Manus...1.5747 was the low of that trend, which was subtracted from the high of the

trend.Thanks, mon ami...


Submitted by Qais on October 27, 2008 - 15:21.

Hello,

I just caught a glimpse of the above article and I would like to thank you for such a simple

& lucent summary of what trading is all about.
You have indeed put it in a nutshell.
May God reward you for your kindness and goodwill.

Grace & Peace
Qais


Re:Thanks,Qais...Just continue 'glimpsing' the thread and more insights shall come..May The

Force Be With You..


Hi Mr. ForexGreenland,
I was reviewing your input at the Informed Trades Website and was very impressed with your

contribution.
I started Forex this year using the algorithms of the red and green lights and losing.
Lately I became curious and encouraged to attempt learning candlestick reading and the

variables that go along with it. I am writing to get help from you to stir me on the right

course at the start. Don't want to get into bad habits. Could you send me some beginning

basic information and or videos that helped you.

Thanks,

Karen

Re: From your mail,Karen, you give the impression of being a left brained trader, with words

like ''algorithm,variables,etc..''standing out in your comments.. You see, a left brain type

is stronger with figures,analytics,etc,while a right brained type is more in tuned with

words,abstracts,etc..
The candlestick reading involves identifying, interpreting and taking advantage of chart

patterns, in which it is quite subjective..like 2 different traders coming across a chart

pattern and reaching different conclusions..this is more discretionary trading than

mechanical..
anyways,to avoid bad habits, you strive to do the opposite of that which you term ''bad

habits''...for Nature habours a vacuum...like if you are fond of placing trades without a

stop loss, then you do the opposite and fix your stops while placing your trades,etc..
to be sincere,what helped me along the terrain of this frontier were books/videoes that were

bought...AND practiced. You can read all the books and videos on golf,but ..if you are not

applying them on the fields or trenches, they might not do much in effectiveness to making

you a top player in the Grand Slam...so tell me...What is your objective...in trading?

[17:41:47 28/10/08] Stalion : hope you made some money off our gbpusd and eurjpy call?

[17:43:22 28/10/08] Stalion : we put a buy stop on GBPUSD @ 1.5620...1st target @

1.5655...2nd target @ 1.5670

[18:02:34 28/10/08] djcarlos : !!!!!!!! Shocked what happen with GU..... extreme fall

[18:21:03 28/10/08] masif1 : s/l?

[18:21:53 28/10/08] djcarlos : did you know that GU was fall???

[18:22:11 28/10/08] djcarlos : Stalion said???

[19:10:22 28/10/08] djcarlos : GU entry was hit

[19:22:10 28/10/08] djcarlos : cheers 1st target hit

[19:22:57 28/10/08] djcarlos : 2nd target too .... Thanks Stal... good trade

[01:34:09 29/10/08] Stalion : well done, djcarlos...we did it again

[01:35:10 29/10/08] Stalion : though we made 50 pips, $50 minilot,$50 standard lot on the

GBPUSD...



[01:38:06 29/10/08] Stalion : funny though...we were going for 50 pips off the Buy Window,

instead 400 pips were made

[01:38:22 29/10/08] Stalion : or more...

[01:43:02 29/10/08] Stalion : so as at 1a.m this wednesday morning,price has made a new high

@ 1.6113 but retracing slowly downwards.......so where is it going?

[01:43:29 29/10/08] Stalion : 3 answers

[01:44:51 29/10/08] Stalion : 1 Price going for new highs by breaking the recent high of

1.6113?

[01:46:13 29/10/08] Stalion : 2. Price retracing from its recent high to the 30& buy window?

60% buy window? sell window?

[01:47:11 29/10/08] Stalion : 3. Price making a consolidation range into the London Session?

[01:48:54 29/10/08] Stalion : Read those answers again...ask yourself some questions...then

check the charts

[01:49:45 29/10/08] Stalion : Now ask yourself...

[01:50:51 29/10/08] Stalion : what possibilities exists for any of the 3 answers to be

turned into financial opportunity?

[01:54:49 29/10/08] Stalion : For I to exist, a buy stop above the high of 1.6113 to a 1st

target of 1.6155 upwards ?

[01:56:53 29/10/08] Stalion : For 2 to exist, a sell stop below the recent low at 1.6024,for

a 30% buy window of 1.5891?

[01:59:05 29/10/08] Stalion : or a sell stop below the recent low at 1.6024 (1.15 Nigerian

Time), for a 60% buy window of 1.5758..or just take both as targets?

[02:09:20 29/10/08] Stalion : For 3 , we stay aside...



[02:10:20 29/10/08] Stalion : guess what...guys...Number 2 might be the most probable one , with 2 targets..on the downside

[02:10:39 29/10/08] Stalion : only time will tell

[02:12:09 29/10/08] Stalion : stop loss for 2 option is 1.6070

[02:16:36 29/10/08] djcarlos : Hi Stal

[02:17:08 29/10/08] djcarlos : I make de Entry orders

[02:18:28 29/10/08] Stalion : cool

[02:19:28 29/10/08] djcarlos : Im always ready, dont matter the time

[02:20:57 29/10/08] Stalion : what time is it, in Santiago, Chile?

[02:22:09 29/10/08] djcarlos : here is 22:20 hrs.... when you trade in the morning here is

05:00... and I trade from my bed Sleep

[02:22:31 29/10/08] iykeman2008 : nope stall

[02:23:03 29/10/08] iykeman2008 : i asked you guys som question yesterday and i am yet to

hear from u

[02:23:05 29/10/08] Stalion : hmmmm....

[02:23:29 29/10/08] djcarlos : it exist posibilities of fall of GU??

[02:23:40 29/10/08] Stalion : price is at 1.6022 as we speak....about to resume its decline

[02:24:25 29/10/08] djcarlos : the entry point was hit

[02:24:52 29/10/08] Stalion : 1.6019 now

[02:28:05 29/10/08] Stalion : Gentlemen, we are commencing the DISSECTION OF THE HIGH

[02:29:26 29/10/08] iykeman2008 : 1.6010 now

[02:30:19 29/10/08] Stalion : hope you are ready

[02:32:45 29/10/08] djcarlos : hell yea!!! I listened that in WWF jeje!! Very Happy

[02:36:25 29/10/08] djcarlos : I learned to use the tecnical of target 50% 25% 25%

[02:41:32 29/10/08] Stalion : cool

[02:44:36 29/10/08] Stalion : from klho83?

[02:47:23 29/10/08] Stalion : its a nice risk management strategy

[03:08:28 29/10/08] Stalion : hmmmm.....gbpusd pip spread is now 6 pips at alpari...3 pips

more than the usual spread of 3 pips

[03:09:36 29/10/08] djcarlos : my broker has 10 pips of spread

[03:10:54 29/10/08] iykeman2008 : k

[09:04:37 29/10/08] alanlewis : 48 pips off gu trade so far.



[09:19:38 29/10/08] caprica1 : morning everyone

[10:09:49 29/10/08] masif1 : saw the buy from yesterday afternoon hit its 2nd target

[10:09:55 29/10/08] masif1 : well done

[10:33:57 29/10/08] djcarlos : the sell GU alert of the night hit 1st target, about 44 pips

[10:36:00 29/10/08] djcarlos : was good

[10:36:09 29/10/08] klho83 : no . Not yet dj

[10:37:55 29/10/08] djcarlos : yes, im closing that the sell signal of 02:00am

[10:39:01 29/10/08] djcarlos : somebody will open buy stop at 1.6113?

[11:01:53 29/10/08] Stalion : hi everyone

[11:09:29 29/10/08] Stalion : our first call on cable,50 pips or so, was hit yesterday

evening....

[07:38:28 30/10/08] djcarlos : Hi 03:37am in chile... I dont want to sleep any more, I only

want to trade, Razz regards

4x, Thank you. If you have a chance, would you mind explaining how we might convert the 16 week charts to the 20 intraday charts. And if there are any resources that you would recommend to learn more about how to determine the charts.

Do the 28 intraday cycles repeat like the 16 week cycles?

I went back through some of the previous postings but was unable to find that info.

Thank you,
Bill

Forexgreenland, not sure how others feel but when you post entire chat sessions, it takes up a lot of space on the forum and it's just so much information ... I'm not sure it's even read.

Is it really necessary to post these large past chat transcripts?

No offense intended. I just don't want to see people turned away from thsi great forum because of very long posts that may be perceived as spam.

Hi again, fxvalor. Put Forexgreenland on your ignore list and his posts go away. Go to his profile page and there you can use ignore.

Yes, the 28 are like the 16 week, except the 28 day repeat, guess what, every 28 days!. How this is done has already been posted previously by me. go back in the forum to the weeks of Oct 19 and 26. It is posted there somewhere.

Here's next weeks gbpusd 28 day cycle. It is Week 1, covering the week of Nov 2. The next time this will be used is the week of Nov 30. I have taken out the EDT time marks and have used only the GMT time. You can print the page and change the time to your prefered time zone. Take note of the time change in the USA. The time change makes the NY time zone, GMT minus 5 hours.

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Here are the other weeks of the gbpusd 28 day cycle. I am posting this here so it can be easy to find. The calendar used to identify which week is used is here also. These have been cleaned up and use only GMT time. You can print and change the time to your desired time zone.

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Thank you 4xis2ez for your response and for providing us your weekly solutions. I have further question (if you don't mind):

Will AUD/USD & AUD/JPY (in particular) also have the same cycle solution as GBP/USD? Are they belongs to the same "family member"? Based on what I read on the Delta book, if they are belong to the same family member, they tend to have the same solution.

If in fact they have the same cycle solution as GBP/USD, then I could just apply both 28 day & 16 weeks cycle as how you showed us on your previous posts on this Forum.Is this correct?

Are you using the chart from Meta Trader on your previous posts?

Thank you in advanced.

I would like to first say a big Thanks for your most generous sharing of the 16 week 28 days to fellow forumers.

I'm also trying to figure out all the postings to have some understanding of your system.

Hopefully the postings should suffice.

Thanks again

HELLO, I HAVE READ THE DELTA PHENOM BOOK AND I JUST CANT GET MY HEAD AROUND THE INVERSION PROBLEM! I KNOW THE DEFINITION, BUT I FEEL LIKE I DONT KNOW HOW TO IDENTIFY AN INVERSION ON A CHART!!!!

I UNDERSTAND THE BOOK AND THE SYSTEM AND JOHNGFX AND CMELLONS CHARTS MAKE GOOD SENSE TO ME NOW BUT THIS INVERSION THING HAS GOT ME DIZZY!!!!

IF SOMEONE COULD PERHAPS EXPLAIN HOW TO IDENTIFY,IN REALTIME, THE INVERSION PROBLEM................ THAT WOULD HELP GREATLY.

ALSO I NOTICED THAT CMELLON CHARTS AND JOHNGFX CHARTS HAVE DIFFERENT NUMBERS OF TURNPOINTS IN THEM.

WHY?????

ALTHOUGH IT SEEMS AS IF BOTH CHARTS FOLLOW THE SAME ROTATION JUST WITH DIFFERNT NUMBERS REPRESENTING EACH TURNPOINT. SO MAYBE IT DOESNT MATTER IF THERE ARE 11 OR 12 TURNPOINTS....

ALSO...IS THE DT SOFTWARE W/ MATRIX CYCLES WORTH THE MONEY?

OH AND ONE MORE DIRECTLY TO CMELLON IF HE WOULD BE SO KIND.....SHOULD I ASSUME YOUR ITD CHARS THAT YOU POST ARE DAILY BARS?

ALSO WONDERING HOW YOU OTHER EXPERIENCED DELTA/MATRIX USERS FEEL ABOUT 4XIS2EZ'S ASSERTION THAT IF ONE MULTIPLIES THE GIVEN DELTA TIMEFRAMES BY 8 THERE ARE NO INVERSIONS?

AS IN ITD 4 MONTH CYCLE...4X8=32 MONTH CYCLE

Darn right confusing indeed !

I have chosen to sit out this period til it's clearer.

IMHO, maybe when ITD 1 is finally in.

Then again, U can continue to try the 4xis2ez system which dun have inversions.

Ha ha, me trying out too.

Just a quick weekend post to update.

I must say I think 4x is being exceedingly generous in his postings of his cycle solutions.

I'm posting my ITD, MTD and LTD counts as going over them last night it appears that we could be in for a period of sideways chop for a week or so, in which case the use of 4xs' 28 day cycle to time the daily swings would be usefull.

On the ITD is looks as though my ITD2 is in, ITD3 based on my averaging of turn points since 2006 is not due until the 10th Nov, bear in mind however that since the larger cycle is up the lower point can come in early (on that same rule I was half expecting ITD2 to come in late - we could still get one more pop higher to fullfill that but it would need to happen soon)

On the MTD I would say MTD5 is in. it came in on time, the MTD6 window is between 6th Nov and 4th Dec, ITD4 is due within that period so possible shorts from mid Nov looking to reverse to longs at MTD7 which will probably also be ITD7.

I now it might seem confusing to some with all these different turn points, but what you have to get your head around is that all we are trying to do is predict the turn points in TIME, for price levels you need to revert back to EW etc,

Also regarding the number points in a count - mine will differ from other peoples because that is the solution I have come up with that fits best for me. it might be different to others (Copan uses an 11 count on his ITD/MC1, I use a 12 and 4x uses 13 on his 32 lunar month) but at the end of the day we can still all be right so long as we identify the times of the turns, the fact that we have slightly different numbers is not a huge issue in my view.

Anyway - I will still post on the forum from time to time, I am however busy on a project atm so I have less time to spend on the screens and posting , hence the longer term trades.

Take care out there as liquidity is still terrible and we are going to keep getting large 200+ pip swings for no reason for some time I think.

__________________
John G

Hello Young Guns,

As JohnG pointed out, our solution of ITD has slightly different turn point number (John has 12 points, I have 11 points), but at the end of the day, it's actually almost similar. Mine probably has more inversion points than his due to 1 fewer turn point.

Yes, the ITD is based on daily chart. MTD is based on daily chart, LTD is based on weekly chart. See John's 3 chart solutions above.

Inversion can happen after the last point of the serie before point 1 and also in between point 1 and point 2.

For example for my ITD for cable, I have 12 points. All these points are "fixed". And DELTA points always follow the up-down/down-up order. Any interruption to these order between ITD12 - ITD1 and ITD1 - ITD2 is an inversion.

Therefore you won't know if there is any inversion till u can confirm the point ITD1 (for the inversion between ITD12 - ITD1) and ITD2 (for the inversion between ITD1 - ITD2).

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