When choosing the points to run the time projections from, there is
one thing you have to consider: there needs to be ample time in between
the dates you are running the projections from. For example, if you are
running a high-to-high projection where the time elapsed between the
highs is 100 trading days, you can easily run all the time projections discussed
earlier. If the time in the high-to-high cycle is only 10 trading days,
however, running these projections won’t have much value, since a cycle
will hit at almost every other bar. In cases like this where the swings in
time are not very large, you can do a couple of things. First, you can drop
down to a lower time frame chart. For example, if the daily chart doesn’t
seem appropriate for the time analysis, go down to a 60-minute chart,
which will display more time bars between the swings. Your other option
would be to continue doing the analysis on the daily chart, but to use only
the most important cycles. For me, those would be .618, 1.0, and 1.618. This
work will take a little bit of common sense. As you work with applying the
cycles, in time you will learn what makes sense.
When choosing the points to run the time projections from, there isone thing you have to consider: there needs to be ample time in betweenthe dates you are running the projections from. For example, if you arerunning a high-to-high projection where the time elapsed between thehighs is 100 trading days, you can easily run all the time projections discussedearlier. If the time in the high-to-high cycle is only 10 trading days,however, running these projections won’t have much value, since a cyclewill hit at almost every other bar. In cases like this where the swings intime are not very large, you can do a couple of things. First, you can dropdown to a lower time frame chart. For example, if the daily chart doesn’tseem appropriate for the time analysis, go down to a 60-minute chart,which will display more time bars between the swings. Your other optionwould be to continue doing the analysis on the daily chart, but to use onlythe most important cycles. For me, those would be .618, 1.0, and 1.618. Thiswork will take a little bit of common sense. As you work with applying thecycles, in time you will learn what makes sense.
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