Hurst cycles

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satitoca

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Post Number: 35
Registered: 08-2004

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Tuesday, February 28, 2006 - 11:13 am:

Hi
I am currently useing some of JM Hursts teachings of transaction timing useing time cycles and wondering if anyone else has done or is doing so?
Basicly he uses nominal cycle{wave} lengths 5 10 20 40 80 days etc. In an ideal situation a wave will reach its peak at half that time span.eg you select a share showing obvious lows at around 40day intervals it would be said to be a 40 day cycle trend is flat if peaking at 20 day or up or down depending on the high being to the left or right of the 20 day point.He allso uses Valid Trend lines that have to be triggered {broken } before any possible purchase.FLD forward line of demarcation=in the ideal share above showing 40 day lows you break it down from half the cycle =20 days 10 days and 5 days you then project forward {i use a compas at the moment }from the 1day ma high line by 5,10,20 day segments.when the 5 day line has been broken you take the low say 1.00 line was broken at 1.10 then the projected high for the 5fld {10 day cycle }is 1.20 and so on do the 10 and 20 day fld no further as that is half the dominant cycle.As the price progresses and meets the fld lines you review the next price objective stop loss also can be set at previous prices.if the vtl has been broken and the 5 or 10 day fld has broken above the vtl its a buy signal as the PROBABILITIES of further increase is in your favour.JM Hurst has some very interesting views these are just some that i put to use. Look forward to any positive feedback/comments cheers Satitoca ps tried to put up a graph but just to messy try it with All as it is a good graph