beathespread: Part 2 of 8 - Raghee Horner Webinar: Market Cycles

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Part 2 of 8 - Raghee Horner Webinar: Market Cycles

Part 2 of 8 - Raghee Horner Webinar: Market Cycles

By JohnLast 4648 days ago Comments (1)

From March 18, 2010, Chief Currency Analyst Raghee Horner discusses market cycles and the "wave", a series of indicators used by Raghee Horner.

In part 2, Raghee talks about clock angles with the wave by using "market memory" or "market lookback".

To attend an upcoming webinar, visit http://www.ibfx.com/Corporate/category/Webinars.aspx

Comments

- JohnLast@JohnLast
JohnLast 4648 days ago

The conception of look back period of Raghee is interesting. It may be used for the Market State Analysis too.

She defines the mamerket memory look back period as follows:

15 m: 3-5 days

30 m: 1-2 weeks

1 h: 2 weeks

4h: 4 - 6 weeks

1 d: 52 weeks or 1 year.

For example I would say it is

trending and volatileat the bigger frame perspective: Anchor frame

trending and quietat he trigger frame perspective: Trigger frame

So what you can do with this information. It is up to you really.

So in practice I would train two experts or Neural net systems in order to have two different systems.

1. System would make me the entries according to the bigger time frame: Anchor frame

2. System would give me entries according to the small time frame: Trigger frame

Or of course you can play it discretionary, it is up to you.