The response to the last post is that readers want to hear about ALL the different market cycles!
So today I start with the first of a series of blog posts on cycles. I’ll be demonstrating with a currency chart, the forex EUR/USD pair, but what I share also applies to futures and stocks.
We begin with the one that probably comes to most people’s minds – the up/down market cycles.
The currency chart in the following video will demonstrate the basics of this principle. I wish I had more time, but the videos are limited by the space on the servers so I have to keep them around 10 minutes.
The one thing I wanted to add is that to more precisely TIME the entry using cycles, it’s critical to use multiple time frames. I’ve never found any cycle indicator, used alone, to be of much value.
Like all of my trading strategies, whether trading Forex currency charts, stocks, futures or any other market, no ONE indicator is worth its salt. It’s when multiple energies align that we find probability scenarios worth putting our money at risk.
That said, enjoy the video …
Really enjoyed and benefited from your video regarding cycles. Thanks so much.
Well done and thanks again for your generosity. Just wondering if you have anything on the net regarding how to consider and and best use various time frames?
Would 15M, 4H and 1day be OK if your focus is 15M
charts? Thanks
Hi Larry,
Thanks for writing. That’s actually one of the most common questions I receive, therefore I’ve written several blog posts on it to give it the attention it deserves.
You can read those articles for free here:
https://www.topdogtrading.com/?p=27
and here:
https://www.topdogtrading.com/?p=31
All my best,
Barry Burns
Hi Larry,
It depends on your methodology, but for me I use a 3:1 ratio between charts.
Barry
Thanks for the video. As always informative.
I like using the CCI as a n oscillator. Since I don’t know what cycle is in force I wait for them to align. So I use an CCI,8 , CCI, 14, CCI 21.
These are common half cycle lengths in the EUR/USD on a 5 minute chart. The alignment over/under 100 with a hook gives you a combined cycle energy in the single timeframe. these seem to be much stronger areas to trade than taking one cycle alone. Thanks
Where is the video?
Hi, Barry, thanks for the video. it cleared up just what a cycle and a half-cycle was, which is helpful. two questions: 1) why did you change the stochastic levels from 80/20 to 70/30? what is the advantage of that? and 2)the settings on the two stochastics you have at the bottom of the chart: are they 3,3,3 and 14,3,3 or exactly what are those settings? I can see an advantage of having the two stochastics, using the longer one for bigger cycles/swings. Thanks for your answers! your student, Alta Craig
Hi Alta,
I don’t actually use those settings personally. Those are just for demonstration purposes. The settings I use are in my Foundations Course 1 as you know.
Barry
Hi Alta,
This video was just to make one point. The settings are different than what I teach in my course.
Barry
Excellent video Barry! Your style of teaching makes charts easy and understandable. I look forward to watching the whole set of your cycle studies. Thank you for your generosity in sharing them with us!
The black background of the video makes it very difficult to see. Blue on black is almost invisible.
A black background does not shoe up very well,sugest you use a white background. Steve
Nice demonstration and the comparison of the two different Stochastics was very cool. Much appreciated Barry. Thanks!
Barry thank you for your insight and experience. I am new to fx trading and I don’t have available cash to buy some of the courses I have come across on the net. But because of your willingness to share your knowledge I feel confident that I will gradually gain the knowledge to become a sucessfull trader and also afford to buy your courses to extend my skills and capabilities. Thank you Melvin.
Great video- lookin forward to the next one 🙂
jimbo
GREAT VIDIO
awesome ! Dr. Barry Burns is the man!
Thanks for the follow up support to your courses. It helps to go over some things again and it all compliments your excellent course work. As others have said before me, you have a great delivery and explain things clearly.
Bimble
Good article on what a trader can expect to make.
Thanks Dr. Burns,
Rick
Many years back when reading from your cellphone is not possible, I barely read on the go, but nowadays I came across my own coming back for more out of your writings and postings, and thanks to development in technological know-how I will do this everyday whilst I travel.