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Beginners: What Really Matters: Market Geometry
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Beginners: What Really Matters: Market Geometry

  #1 (permalink)
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Beginners: What Really Matters: Market Geometry

This is second in my "What Really Matters" series, but it probably should be the first. Of course over the years, I have seen with the naked eye or drawn in trend lines, but it was only in the last week I started to look into Market Geometry. Honestly, I was floored. Imagine seeing why trades you took worked or sometimes why they did not? Imagine starting to understand why and where price was breaking out from and then retracing to?

As Dan Roe said similarly "well, this can't be....the market is not following some stupid lines on a chart"

I can open any chart, any day, any time frame and do this all day long finding correlations in price action and geometry. I believe this is a candidate for "What Really Matters".

Submitted for approval and discussion the recent Russell 2000 Emini on a 78 minute chart. Why 78 minutes? I have no idea, because I heard Adam Grimes say 78 minutes. This could be a 30m, 60m, 240m and even range, tick chart. They all show similar adherence to simple market geometry.

Chart 1: Note how the high on the 18th is caught, not to mention it also predicted "when and where" it could occur. Note how the tops are caught. Notice how price comes back in the Andrews Fork and respects the 50% lines from the median line. Notice when breaks breaks that support, it finds support at the median line itself.

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Beginners: What Really Matters: Market Geometry-geom1.jpg  
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  #3 (permalink)
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edward40 View Post
This is second in my "What Really Matters" series, but it probably should be the first. Of course over the years, I have seen with the naked eye or drawn in trend lines, but it was only in the last week I started to look into Market Geometry. Honestly, I was floored. Imagine seeing why trades you took worked or sometimes why they did not? Imagine starting to understand why and where price was breaking out from and then retracing to?

As Dan Roe said similarly "well, this can't be....the market is not following some stupid lines on a chart"

I can open any chart, any day, any time frame and do this all day long finding correlations in price action and geometry. I believe this is a candidate for "What Really Matters".

Submitted for approval and discussion the recent Russell 2000 Emini on a 78 minute chart. Why 78 minutes? I have no idea, because I heard Adam Grimes say 78 minutes. This could be a 30m, 60m, 240m and even range, tick chart. They all show similar adherence to simple market geometry.

Chart 1: Note how the high on the 18th is caught, not to mention it also predicted "when and where" it could occur. Note how the tops are caught. Notice how price comes back in the Andrews Fork and respects the 50% lines from the median line. Notice when breaks breaks that support, it finds support at the median line itself.

Just be careful with this type of analysis. It is easy after the fact to fit lines and indicators to a chart, and then make the cognitive leap that prices are "conforming" to the lines.

In real time, this rarely works.

A good example is given here: https://futures.io/traders-hideout/7364-random-line-theory.html

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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kevinkdog View Post
Just be careful with this type of analysis. It is easy after the fact to fit lines and indicators to a chart, and then make the cognitive leap that prices are "conforming" to the lines.

In real time, this rarely works.

A good example is given here: https://futures.io/traders-hideout/7364-random-line-theory.html

Well aware of the random line theory posed by Adam Grimes and Big Mike. I do not see the same thing from geometry. If price action shows support of a "random" line, then "someone" is buying or selling at that level, correct? I am not suggesting randomly buying or selling a level like a pivot.

Price can support a correct market angle for months, even if price phase shifts to a lower or higher channel, it can do so in the same distance from the original channel.

I believe Alan Andrews pitchfork and similar concepts came from mathematicians doing years worth of work.

Up for debate, preferably would like to hear from those using geometry in any form.

 
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edward40 View Post
Well aware of the random line theory posed by Adam Grimes and Big Mike. I do not see the same thing from geometry. If price action shows support of a "random" line, then "someone" is buying or selling at that level, correct? I am not suggesting randomly buying or selling a level like a pivot.

Price can support a correct market angle for months, even if price phase shifts to a lower or higher channel, it can do so in the same distance from the original channel.

I believe Alan Andrews pitchfork and similar concepts came from mathematicians doing years worth of work.

It seems like your mind is pretty much made up on this, so there is not much to debate.

I say give it a try in real time, with real money and see what happens.



edward40 View Post
Up for debate, preferably would like to hear from those using geometry in any form.

I personally do not use these in real trading, but I have pretty exhaustively tested many geometry concepts. Conclude from that what you will.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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kevinkdog View Post
It seems like your mind is pretty much made up on this, so there is not much to debate.

I say give it a try in real time, with real money and see what happens.




I personally do not use these in real trading, but I have pretty exhaustively tested many geometry concepts. Conclude from that what you will.

Ok, thank you for the input. Your vote is a "Does not matter" In your opinion, would say it has no merit, some merit, scale of 1-10, 10 being a trade able edge.

 
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  #8 (permalink)
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Random 5M Example

Was setting up Ninjatrader color schemes and sorry, but how can this just be ignored?
This is not random, one does not even have to look that hard.
I more than welcome something to be proven wrong?

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Beginners: What Really Matters: Market Geometry-5m-random-ninja.jpg  
 
  #9 (permalink)
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Geometry - get on board


kevinkdog View Post
In real time, this rarely works.

Here it is rarely working today on the DOW for 150 points - 1 Hour per bar candle chart. Have not even looked at my other time frames yet.

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Beginners: What Really Matters: Market Geometry-dow.1.2.2018.jpg  

Last edited by edward40; January 2nd, 2018 at 04:35 PM.
 
  #10 (permalink)
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Dow Mini - Market Geometry is not random line theory


1.2.2018 -

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