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Sherman Box
Posted: Wed Jun 19, 2019 4:23 pm
by fxMarshal
By the way , our legendary colleague Sherman Choo
wasnt terminated
Here are his
current resources , anyone can give him some support
------
BTW I was left the group before he introduced Sherman Box
Can someone give here some examples ?
Re: Sherman Box
Posted: Tue Jun 25, 2019 10:48 am
by oldmate
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.
Re: Sherman Box
Posted: Wed Jun 26, 2019 5:05 pm
by niclas
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 (47.64KiB)Viewed 44050 times
Re: Sherman Box
Posted: Wed Jun 26, 2019 10:47 pm
by vlad
vlad dont understand; vlad needs more exmaples please
Re: Sherman Box
Posted: Thu Jun 27, 2019 6:44 am
by niclas
vlad wrote: ↑Wed Jun 26, 2019 10:47 pm
vlad dont understand; vlad needs more exmaples please
- Sherman Box 01.png (59.58KiB)Viewed 44029 times
This is what i understand from oldmate text
P.S: If i wrong oldmate correct me please
Re: Sherman Box
Posted: Thu Jun 27, 2019 8:54 am
by oldmate
Spot on niclas.
It's simply a way to measure time transpired. Use a line, a box, whatever.
Re: Sherman Box
Posted: Thu Jun 27, 2019 12:33 pm
by fxMarshal
I see the point , thanx
Re: Sherman Box
Posted: Thu Jun 27, 2019 5:25 pm
by niclas
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.