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MurreyMath
- Thread starter traderbambu
- Start date
Quote from Sarasota:
What is amazing to me is that people criticize ANYTHING without trying it first. "Gann doesn't work.....Murrey Math doesn't work..., etc. You guys are wearing me out!
Does MM work? Who knows, but there are way too many people that do to ignore it. Furthermore, I have no desire to bash it because I have no idea what the Square of Ten is, and haven't investigated MM.
Sarasota, you are the fourth person today that has told me this. I will admit that I can be persistent when folks are just being silly, but you are right, maybe it's time to let this go.
I see now why Bambu has his chatroom locked.
If you have any further questions, you can email me. I did get the first two, I just haven't had the opportunity to respond in the detail that I would like to.
Quote from oddiduro:
I presume you are talking about the the circle of 24, and I do not use the astro aspect of Gann except as a curiosity. That is the only circle chart of Gann that I have any awareness of.
Well, time to hit Gann's original material, again...
After you read it. Please respond.
Quote from OPTIONAL777:
Go ahead and post the private email, we are all one community, right?
Why is it that when someone brings up reasonable points about you, the response is always an argument ad hominem?
You really are stupid, aren't you? Why would I PUBLICLY post PRIVATE email??????
Quote from WDGann:
Well, time to hit Gann's original material, again...
After you read it. Please respond.
I found it unecessary to buy Ganns courses. I only have his books, the material there, along with Murrey keeps me in the black. I have thought about buying it though.
There are several out there selling "original" Gann material. Who, in your opinion, is the best?
Oddiduro wrote : "I see now why Bambu has his chatroom locked."
You got it! This is the reason.
I started this thread - and here we are 50 pages later. Happy Anniversary! Unfortunately 90% of the comments on this thread are totally useless (to put it gently). For those interested: yes, MurreyMath works - big time.
Have Fun Trading!
You got it! This is the reason.
I started this thread - and here we are 50 pages later. Happy Anniversary! Unfortunately 90% of the comments on this thread are totally useless (to put it gently). For those interested: yes, MurreyMath works - big time.
Have Fun Trading!
Quote from oddiduro:
I found it unecessary to buy Ganns courses. I only have his books, the material there, along with Murrey keeps me in the black. I have thought about buying it though.
There are several out there selling "original" Gann material. Who, in your opinion, is the best?
Original original... from Lambert Gann.
But or so... you've never read Gann's original courses and material? So all your knowledge is from the support groups and the MM material...
I think I now know why you explain science with Gann, in such fashion... those gurus and support groups are BS, well at least most.
You're a bright person, I think it's time for you to be on your own and study Gann from "your" perspective. You'll see some BS going on with how they percieve Gann. As I said, curve-fitting ideas.
Quote from traderbambu:
Oddiduro wrote : "I see now why Bambu has his chatroom locked."
You got it! This is the reason.
I started this thread - and here we are 50 pages later. Happy Anniversary! Unfortunately 90% of the comments on this thread are totally useless (to put it gently). For those interested: yes, MurreyMath works - big time.
Have Fun Trading!
So you are saying MM works for you? Great. Glad to hear it.
Quote from ArchAngel:
OK, setting aside all the irrelevant BS about inertial mass, Galileo, Einstein, and whether Murrey's just a hypster trying to ride on Gann's ideas (although that seems like a very good probability). I'll ask some more directly applicable questions.
It sounds like your plan is to short at the waist of Friday's candle (which is only 1 1/4 below the close - easily hit just from morning volatility) and target the 6/8ths and 4/8ths for exit (all predicated on a 16 daily bar frame)?
Given that 1 1/4 points is easily within the morning volatility froth, why risk planning to jump in so quickly before any directional confirmation?
And why do you consider a 16 frame the best representation to use?
On a 32 frame (daily) it's got about 25-30 points before being overbought. Daily prices have oscillated between the 875 (0/8th) and 937.50 (4/8ths) on a 32 bar frame for almost three months. Seems that might present the nature of the price activity better than the 16 frame.
Of course, we could find out that an almost immediate short on Monday turns out to be right, but with preliminary intraday support at 905.5-905.7, why risk rushing into a short at 908.80 when you appear to not be planning for a possible turn of events should that support area survive (you don't appear to even be aware that such potential support areas exist)?
I use the smaller frame because I like the tighter stop. Murrey does state that the 32 day frame is best for indexes. The intervals are too wide for me. I like very tight stops, I have found that I trade much better that way.
It is entirely possible that I might be stopped out right away, but the the loss would be tiny, and I will looking to short at any point hereafter until the frame shifts.
I do not think that 905.5 will hold.
The waist of the tall candle sits on the 5/8 line of this particular frame, that is where I think good support will be found.
Quote from WDGann:
Original original... from Lambert Gann.
But or so... you've never read Gann's original courses and material? So all your knowledge is from the support groups and the MM material...
I think I now know why you explain science with Gann, in such fashion... those gurus and support groups are BS, well at least most.
You're a bright person, I think it's time for you to be on your own and study Gann from "your" perspective. You'll see some BS going on with how they percieve Gann. As I said, curve-fitting ideas.
No, not quite, I have all the books that Lambert Gann sells, as well as the Gann wheel. I just haven't purchased any of the courses yet.
I had been vascillating between Lambert Gann and D. Ferrera, on the courses.