During the trading day, since I am updating about 16 charts down to the
3-minute time frame, I don’t really have the time to run individual time
cycles down to a 15-minute chart using the time-cycle tool. This is why
I use the timing reports within the Dynamic Trader software. After I create
a swing file to identify the key swing highs and lows that I want to use in
the timing analysis, I will run a timing report from either the last high or
the last low on the chart to project times for the next possible low or high
to develop. The program will produce a histogram below the chart that
will visually show me where there is a clustering of time cycles. When I see
a standout in the histogram, I know to prepare for a possible trend reversal
if the market I am analyzing is trending into the time cycles indicated
by the histogram. This is when I will look for trend reversal signals. If
I see any reversal indications, then I have reason to both exit any current
positions and, in some cases, look to reverse positions.
During the trading day, since I am updating about 16 charts down to the3-minute time frame, I don’t really have the time to run individual timecycles down to a 15-minute chart using the time-cycle tool. This is whyI use the timing reports within the Dynamic Trader software. After I createa swing file to identify the key swing highs and lows that I want to use inthe timing analysis, I will run a timing report from either the last high orthe last low on the chart to project times for the next possible low or highto develop. The program will produce a histogram below the chart thatwill visually show me where there is a clustering of time cycles. When I seea standout in the histogram, I know to prepare for a possible trend reversalif the market I am analyzing is trending into the time cycles indicatedby the histogram. This is when I will look for trend reversal signals. IfI see any reversal indications, then I have reason to both exit any currentpositions and, in some cases, look to reverse positions.
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