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Originally Posted by rufffen
JR97 from the other group used phi ellipses a lot, but Im yet to see ellipses making any difference in trading.
Why make in so complicated anyway? There are some other fellas that say that market is a 3-dimensional structure. Ok, I can see price, time, what's the 3rd dimension anyway?  lol |
Just a thought that I have had for a long time, but I haven't the time or resources to study, but what if the market is 3-D.
We view the chart as a 2-D flat panel, but just what if we could chart it in 3-D with depth then channel structures would look something like this.
The better representation would look like a tube containing price moving in and out and would look like a cone as it narrows when moving away or starting from a point and moving towards the screen, and probably moving in something similar to a sine wave.
If we can figure the equation of a curved line that measures the support or resistance of a move, but it may need to be written in an x,y,z axis form
fwiw, the musing of a lunatic bear.