Sherman Box

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fxMarshal
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Sherman Box

Post by fxMarshal » Wed Jun 19, 2019 4:23 pm

By the way , our legendary colleague Sherman Choo wasnt terminated

Here are his current resources , anyone can give him some support :)

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BTW I was left the group before he introduced Sherman Box
Can someone give here some examples ?

oldmate
FX Brigadier
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Re: Sherman Box

Post by oldmate » Tue Jun 25, 2019 10:48 am

Sherman box is a measure of time. So in general, the length of a correction should be longer than the impulse that preceded it.

You draw a box over the period of time of the impulse, then move that box to the beginning of the consolidation. Wait for time to pass and when price leaves box, and if still in consolidation you have a higher probability move rather than trying to catch every little impulsive movement on lower TF.

niclas
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Re: Sherman Box

Post by niclas » Wed Jun 26, 2019 5:05 pm

oldmate wrote:
Tue Jun 25, 2019 10:48 am
Sherman box is a measure of time. So in general, the length of a correction should be longer than the impulse that preceded it.

You draw a box over the period of time of the impulse, then move that box to the beginning of the consolidation. Wait for time to pass and when price leaves box, and if still in consolidation you have a higher probability move rather than trying to catch every little impulsive movement on lower TF.
like this oldmate :)
Sherman Box.png
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vlad
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Re: Sherman Box

Post by vlad » Wed Jun 26, 2019 10:47 pm

vlad dont understand; vlad needs more exmaples please

niclas
FX Colonel
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Joined:Fri Apr 26, 2019 9:31 pm

Re: Sherman Box

Post by niclas » Thu Jun 27, 2019 6:44 am

vlad wrote:
Wed Jun 26, 2019 10:47 pm
vlad dont understand; vlad needs more exmaples please
Sherman Box 01.png
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This is what i understand from oldmate text

P.S: If i wrong oldmate correct me please ;)

oldmate
FX Brigadier
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Re: Sherman Box

Post by oldmate » Thu Jun 27, 2019 8:54 am

Spot on niclas.

It's simply a way to measure time transpired. Use a line, a box, whatever.

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fxMarshal
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Re: Sherman Box

Post by fxMarshal » Thu Jun 27, 2019 12:33 pm

I see the point , thanx

niclas
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Re: Sherman Box

Post by niclas » Thu Jun 27, 2019 5:25 pm

;)
oldmate wrote:
Thu Jun 27, 2019 8:54 am
Spot on niclas.

It's simply a way to measure time transpired. Use a line, a box, whatever.

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