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mirror image DJH4 4-min 1/22-1/26

P: 1/26/2004 3:37:43 PM

neall

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Last Post: 11/8/2012
Member Since: 1/19/2004

Here is pretty good mirror image from 1/22 9:30am pst thru today, tomorrow will be generated from the 1/16 data because this is trading day sequence and 1/19 was a holiday and 1/17, 1/18 over the weekend, so it will be interesting to see where it starts in the morning. Neall neall

Revisions : 0 | Attached file: 4 min DJH4 1-26-04 mirror.png | Posted: 1/26/2004 3:37:43 PM | IP: Recorded | Report this post

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P: 1/26/2004 5:24:23 PM

earik

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Hey Neall,

Nice forecast. We were watching that last thrust develop in the chat room and it was definitely setting up a short signal there at the end of the day. Interesting to see your mirror confirm that analysis... Have to make sure to watch it closely tomorrow for an entry trigger.

Thanks,

Earik

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P: 1/26/2004 6:01:22 PM

neall

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Member Since: 1/19/2004

Looks like a fun morning:
USM- divergence
Exhaustion bar is ared dot
9-5 at Gold 3
Fib vortex - on blue spiral
gan fann - on the edge
rings of price time - just under the 4th harmonic
Mirror- next move is down for most of the morning

7 reasons seem pretty good!
Neall

neall

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4 min DJH4 1-26-04 mirror with other indicators.png | Posted: 1/26/2004 6:01:22 PM | IP: Recorded | Report this post

P: 1/27/2004 12:20:39 PM

neall

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Updated chart from yesterdays post

neall

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4 min DJH4 1-26-04 mirror with other indicators-2.png | Posted: 1/27/2004 12:20:39 PM | IP: Recorded | Report this post

P: 1/27/2004 1:41:48 PM

neall

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Still holding on to the 4th harmonic ring but a nice to place to bounce if it wants.

neall

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4 min DJH4 1-26-04 mirror with other indicators-3.png | Posted: 1/27/2004 1:41:48 PM | IP: Recorded | Report this post

P: 1/27/2004 2:39:06 PM

neall

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Ok, heres a good example of how the rings of time price can work. It is set up on the 3 day low; practice will help you know where to put it. There was a Gann fan from that low on the original post and this secondary fan is the active one now (the white one). Look at the green 4th ring and where the white lines hit, the market made a choice on all 4 hits and on the first three it fell back into the 4th harmonic but on the last one it bounces up off it and so is an indication it is through traveling down the harmonic of price and time. This chart has a lot of nice things happening. Now we are at the fib spiral, but the mirror suggests it has an up bias to the close. So it should go through the spiral eventually and trend up

neall

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4 min DJH4 1-26-04 mirror with other indicators-4.png | Posted: 1/27/2004 2:39:06 PM | IP: Recorded | Report this post

P: 1/27/2004 3:07:36 PM

neall

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The green arrow shows the last mirror low before a good up move so the yellow fork is probably containing the trend and if it stays in then the time period around the green arrow show be a bounce up.

neall

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4 min DJH4 1-26-04 mirror with other indicators-5png.png | Posted: 1/27/2004 3:07:36 PM | IP: Recorded | Report this post

P: 1/27/2004 3:18:09 PM

neall

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The bounce was a bar or two early but not bad from an indicator of a single bar 8 days ago. Well we can stay in the yellow fork or the red one to the close, mirror says yellow.

neall

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4 min DJH4 1-26-04 mirror with other indicators-6png.png | Posted: 1/27/2004 3:18:09 PM | IP: Recorded | Report this post

P: 1/27/2004 3:41:01 PM

neall

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Actually the bar to the green arrow was a bar late not early, the first dip was to the mirror low that hit the 4th harmonic ring, then we can back for the next higher low. Just for your information this mirror data is a sequence of trading bars that leaves out the time period for the weekend and Martin Luther Kings birthday holiday, so the market is very good at keeping track of things. One thing to remember is the mirror doesnt necessarily have to match, - up to up and down to down, it will though most of the time reflect a pivot if its working. So a high on the mirror could be a low today, and another thing that you need to watch for is that it can also be a continuation and thats hard to see (but is still at a pivot). It still likes the blue spiral, until it breaks away it is still down.

neall

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4 min DJH4 1-26-04 mirror with other indicators-7png.png | Posted: 1/27/2004 3:41:01 PM | IP: Recorded | Report this post

P: 1/27/2004 4:15:30 PM

neall

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Notice the yellow fork in the last few charts, the bottom of the channel had the lows penetrating just a little, so it is suspect, the red one is valid and shows trend. This red fork is still valid tomorrow and closing on the low of the day could mean we will be in it tomorrow, something to look at. But we are running out of the blue spiral, its going vertical, it will have a hard time holding on. So the morning will probably be a sidewise move to pick up the next harmonic.
Mirrors are great to suggest possibilities, but you need to confirm what you think you see, because the mirror is a tool that tells you what you think you see and not what is going on right now. Pretty nice day when you have these kinds of tools, thanks Earik.

neall

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4 min DJH4 1-26-04 mirror with other indicators-8png.png | Posted: 1/27/2004 4:15:30 PM | IP: Recorded | Report this post

P: 1/28/2004 9:59:44 AM

neall

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Here's how the DJ opened this morning, it left the blue spiral, gapped up staying in the white fan and moving sideways as expected. Now we are out of current tools so we need to move or add current indicators to follow the day.

neall

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4 min DJH4 1-26-04 mirror with other indicators-9png.png | Posted: 1/28/2004 9:59:44 AM | IP: Recorded | Report this post

P: 1/28/2004 10:24:42 AM

neall

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Didn't have to wait long, as soon as it hit the red spiral,5th harmonic ring and lined up with the mirror low, we got a gap up. It's at a red exhaustion dot and red 9 with a possible divergence down but the mirror is up, it is at a second double minor top at 50% retrace, keep adding for comfirmation of a trend.

neall

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4 min DJH4 1-26-04 mirror with other indicators-10apng.png | Posted: 1/28/2004 10:24:42 AM | IP: Recorded | Report this post

P: 1/28/2004 10:43:06 AM

neall

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Here I added another Fib Vortex because the other one is done, an easy way to add your next one is to just duplicate and drag it over to match spokes and spiral crossings and look for hits on the new bars, then I'll clean this chart up because it's getting to cluttered.

neall

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4 min DJH4 1-26-04 mirror with other indicators-11apng.png | Posted: 1/28/2004 10:43:06 AM | IP: Recorded | Report this post

P: 1/28/2004 2:41:27 PM

neall

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Here is an up date, Hit 6th harmonic, moved over it and then slammed back down, pattern same as yesterday. Support at declining fib vortex spoke, notice the rising spoke is where the 6th harmonic ring was breached and it tanked from there.

neall

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4 min DJH4 1-26-04 mirror with other indicators 12.png | Posted: 1/28/2004 2:41:27 PM | IP: Recorded | Report this post

P: 1/28/2004 3:52:01 PM

neall

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Here is what happened, three tools still cooridinated with each other, mirror, fib, vortex, and rings of price time. These tools are a work of art: Earik DaVinci !!!

neall

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4 min DJH4 1-26-04 mirror with other indicators-13.png | Posted: 1/28/2004 3:52:01 PM | IP: Recorded | Report this post

P: 1/28/2004 11:38:52 PM

jgerrety1

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Neall -

Your comments and charts are fantastic ! They really help to "put it all together" for me ! Please keep them coming !

I have a couple of questions:

1) Your Price-Time rings look like ellipses. Is that because you've scaled your charts manually and they are not in a 1x1 scaling ? Or is there another reason? I know I need to read up on Price-Time rings because they seem pretty powerful, especially when used with the other tools. (I guess the help file is the only place to read up on them, or is there any other ?)

2) Your DJH4 charts seem to start at 5:15AM pst (8:15AM est). Is that what time the DJ starts to trade for the Day sesson ?

3) I'm curious about your comment about the "next" Vortex that you placed. See the 3rd post above this reply (13th from the top, both good fib numbers coincidentally!) which begins "Here I added another Fib Vortex... Your placement of that Vortex was pretty cool, and showed "actionable" resistance preceding the DJ's decline yesterday afternoon, and by the time of the close some support, which tomorrow may prove to be a base for a bounce. Your placement there of that Vortex is not something I would have expected. Will more discussion about Vortexes (Vortices?) and how to place and use them be made in the next manual. Anything more I could learn about them outside of what's in the video download ?

Keep up your fantastic posts ! -- John

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P: 1/29/2004 4:20:50 PM

neall

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Hi John,

1. This ring is 1x1 and the chart is squared to 12x12 they are elipises and seem to work here. There are many possibilities so don't necessarily look for a standard that fits all. Elipses are quite common in the our world, just depends on the numbers.

2. Chart starts at 5:20 am to 13:15 pm pst.(Trading hours)

3. I'm writing a section on Fib. Vortex and some dynamic methods for placing it. Dont limit yourself to what you think the vortex should do, but let it tell you what it does.

neall

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P: 1/30/2004 5:29:28 PM

jsalyer

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May I ask how you construct this mirrow image on your chart? Thanks, Jerry

Jerry

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P: 1/30/2004 7:21:09 PM

neall

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Member Since: 1/19/2004

Hi Jerry,

The mirror tool on W59 is easy to put on the chart, it's getting it in the right place that takes a little practice. Generally you can drag it back and forth with the tow truck until something matches then see if it works over time. There are some techniques of working from harmonics and other tools but that's a little more advanced and a little hard to explain in a few words. Start experimenting and watching how it works. (I'll try to put some helps in the manual. :-) )

Good luck,

neall

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P: 2/1/2004 1:21:34 PM

jsalyer

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Thanks Neall: I'll try your suggestion.

Jerry

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P: 2/1/2004 3:03:53 PM

jsalyer

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Neall here's a 15min. INDU with a interesting mirrow and vortex.

Jerry

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INDU15.jpg | Posted: 2/1/2004 3:03:53 PM | IP: Recorded | Report this post

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