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SPX_30_HURST
NOTES
(1) Currently in down swing.
(2) All MA's are plotted with 1/2 length
lag as required by HURST . IMHO
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Current Chart based on video
Still unable to estimate future prices using Hurst Cycles.
Interesting video on Hurst Method
http://www.tradingfives.com/video/hurst/hurst1.html
Updated SPX_30
(1) Using 10 MA ENV
(2) Using 3.25 MA ENV
(3) Using only LOWS to calc cycles
(4) Changed expected high to 7:30 AM 8/31
,
For my info (IMPORTANT)
page 64
...we note that a 10 week ma will set a cut off point almost exactly midway between 6.5 and 13.0 wma.
(1) This means that all components of 13 wma and above will show up in the 10 wma,
(2) while the components of 6.5 weeks and below will be drastically reduced in magnitude.
page 51
The HURST Price Model can be used to resolve chart patterns.
eg: H&S, Triangles, etc
Hi Trend,
if you really want to get into it, buy the course. I'm speaking with a lot of rust when I say the book you got is a good intro and then to really get into the nuts and bolts, I'd think buying the course is the ticket. I bought it many years ago when I hung out with that group but didn't have the time required (IMO) to master the method. Not sure what the cost is for it today. Guessing $300+. 3 loose leaf binders and cassettes.
Can it be that simple ?
Will I am ready to make first prediction
Next High = 6:30 8/29
Next Low = 10:00 8/28
Note: L17 = means 17 bar from last Low (L14)
.
Next H
15
11
14
8
16
.....
64/5 = 13
.
Next Low
15
14
17
....
46/3 = 15
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Calling a HURST user.
Is this right ?
SPX_WEEKLY_HURST
page 69
I am using "The Nominality Principle" page 33
which says use
26
13
6.5
3.25
1.625
for weekly charts.
Where the bans completely incloses all price action.
Chart 1 = 13 env 25 %
Chart 2 = 6.5 env 20%
Chart 3 = 3.25 env 20%
.
McLaren speaks of cycles early in this video.
http://www.cnbc.com/id/32593351/site/14081545
blacktruck
Learn and teach at same time.
I'll think about it.
Right now I am trying to under stand the whole concept of Hurst.....
How about educating me in Hurst as you go along....perhaps call out boxes to explain what the symbols rep???
TIA
bt
Pages 32 , 33, 35 are the 5 elements of the cycle model
page 34 You should read and re read the features of this model
until every aspect is burned deeply into memory.
I will post them later.
pages 30 and 31 show 5 reasons why stocks are bought or sold.
Number 5 "X motivation" about 23% of the price-motion model.
It is the key.
Right off I get this idea that Hurst wanted to get the monthly cycles for the last 10 plus years.
So this is what I have done so far.
Pages 42 and 43
Please comments are very welcome.
SPX_MONYHLY showing major cycle
The Profit Magic of Stock Transaction Timing by Hurst has arrived. I will try to study his method of cycles.
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The Profit Magic of Stock Transaction Timing by Hurst has arrived.
I will try to study his method
"The Profit Magic of Stock Transaction Timing" by J.M. Hurst"-- I paid 19.99 on Amazon.com ... http://www.amazon.com/Profit-Magic-Stock-Transaction-Timing/dp/0934380627
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