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Originally Posted by wananohoshi
Simba,
I am getting periods slightly different from those that you have posted. I did an analisys from the middle of November to December 13 on the H1 GBPUSD chart, and it could only confirm the 35 and 51 periods. The next peak seems to be somewhere near 85. Am I right in using a period as long as a month to determine the peak values? I am not sure that I am looking for what I should be..
Thank you for all the invaluable knowledge that you have shared with us!
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Hi,
If you are referring to some of the pics I posted with hourly charts,I used 35 del 17,69 del34,103 del51,205 del102.
If you are referring to the cyclic model of GBPUSD for 1h..I do not use it,too unreliable for my taste,I use the daily cycles,those that I have been able to test for high Bartels,and I presume,that since markets are fractal,they will be more or less reliable on lower timeframes..my personalexperience confirms this..and also that you can go up to the weekly tf with good results too...
But my personal experience has taught me to avoid using the Hurst method exclusively on 1H,you need ,at the minimum,the 4H TF,and then you can go down for refining your entry..also using 4H as the base can be very dangerous in trending periods like the one from beginning April to mid May..you run the risk of anticipating the top,by several figures...AND THIS IS WHERE USING THE SimbaConMan WILL GIVE YOU THE EDGE,KEEPING YOU SAFE.
I do not use(anymore) the Hurst smas for trading,I use them only as an additional view to have in the back of my mind.What I use for trading is his methodology,but instead of smas,I use digitalfilters(usually SATL),and,since delay is minimal,I do not need to center them,I can just trade the slope of the SATL.
Regards
Simba