19 November 2007

Hilbert Sine Wave on 135 Minute Time Frame

Just a quick post today on the Hilbert Sine Wave. My primary time frame for swing trading the Emini is the 135 minute chart (exactly 3 bars per trading day). On Monday we got a cross-over in this time frame and the completion of the down trend move. See the chart below.

Hilbert Sine Wave Completion Move

Hilbert Sine Wave 135 minute

I have written before on these Hilbert sine wave “complete” moves. They signal the end of a trend move which is usually followed by a retracement and a return to cyclical trading patterns.

The key point is my post on Friday about Stopping Volume and strength returning to the Emini market was too early – I should have waited for the 135 minute Hilbert sine wave to cross and this down trend to “complete”.

Good luck with your trading.