4xis2ez

Hi,

Just want to drop you a quick note to thank you for the 28 day info-- It has been a great source to add to my trading and have done very well with it-

So, again, Thank you!

Kory

Hi ‘4xis2ez’.

Thanks for your reply and the clarification on this time related issue.

I reside in Europe, so - I am familiar with the concept of the Daylight Saving Time. (Buy the way - your practice to publish GMT on the charts make them universal for any geographical ‘time’ location).

Just one more question. That is - why the first 8 hours of each Asian Monday’s sessions, which coincide with the Sunday’s USA OPEN (i.e. NY time period 16-24) are missing from the contents of your chart’s counts data?

Thanks for your attention. Have a nice weekend.

Regards,
ALF

EDT is Eastern Daylight Time in USA. EST is Eastern Standard time in USA. EDT ends in the USA on the first Sunday in November and switches to EST. The time shifts one hour back at this time. In your locality, you may not use the Daylight Saving time shift. You can do a google search on Daylight saving time and get an explanation. GMT is Greenwich Mean time. If this is the time you use and is on your charts, nothing will change for you. But I use charts based on NY time and the time will shift 1 hour for me starting Sunday morning, necessitating the time shift on the solution.

Hi ’4xis2ez’!

Please rectify what is the difference between the abbreviations you are using for the time reference :

‘gmt’ - Greenwich Mean Time

‘edt’ should be New York Time

If ‘est’ means Eastern standard time, what is the reason for this one hour difference?

(For me : the Eastern standard time should correspond to the New York Time)

Thanks in advance and have a nice day!

ALF

Here is a link to the 28 day chart for Oct. 22. The markets repeat every 28 days in this case. For a particular day use wish to get a solution for, go back 28 days (4 weeks) get 30 minute charts for that day. Copy the chart, go back another 28 days, copy that chart and place it underneath the first chart. Do more till you have a minimum of 4 series. Line them up one under the other and look for the intraday swings that generally line up. There are 13 or 14 swings per 24 hour day. You need to use some artistic license to line up the points, as you are looking for general time areas where the turns occur. At the bottom, place your turn point based on the average of where they occur on the historical charts. What you just did will work every 28 days into the indefinate future. Here's the link to my example. http://www.learncurrencytrading.com/...-post5970.html

Thanks, I see point 3 now.

I've read back 40 pages of your posts but still don't see how you come up with your 28 day cycle charts. What do you use to generate them if you don't mind? And what do you use for amplitude? I've found lots of reading references.

Thanks for your time and all the input so far :)

Strange day so far!